Global Energy-Efficient Windows Market - WishTree Insight

Global Energy-Efficient Windows Market by Glazing Type (Triple Glazing, Double Glazing, and others), Component (Hardware, Frame, and Glass), End User (Residential and Non-Residential) and Regions (The Asia Pacific, Middle East Africa, Europe, North America, and Latin America) - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast 2021 – 2031

The Global Energy-Efficient Windows market size was valued at USD 14.2 billion in 2021 and is expected to surpass USD 21.3 billion by 2031, expanding at a CAGR of 8.3 % during the forecast period, 2021–2031. The growth of the market is attributed to the increasing demand for energy-efficient windows for renovation in Building and construction industry.

INTRODUCTION

The energy-efficient windows assist in minimizing the use of artificial heating and cooling in a building. Glazing, frame, and hardware are the three main components of these windows. These components provide substantial protection from heat, and the outer atmosphere, and reduce the energy consumption of the building. The energy efficiency of windows is measured by the U-factor which measures the insulation capacity of the windows, and the solar heat gain coefficient (SHGC) which measures the amount of solar heat entering through the window. Every energy-efficient product is certified on the basis of SHGC AND U-factor. These windows are available in double glazing, triple glazing, low emissivity coating, and argon gas filling between glazing.

Market Trends, Drivers, Restraints, and Opportunities

• The air conditioning cost and reduction in energy are key attributes in the market growth.
• The market's growth is attributed to the increasing demand for energy-efficient windows in the construction industry.
• The high initial cost of energy-efficient windows is hampering the market. These windows consist of glass coatings and more sophisticated parts, increasing the product cost. Also, the installation requires skilled labor which increases the installation cost.

Scope of the Report

Market Segment Insights

Double glazing segment is expected to grow the highest CAGR during the forecast period

Based on the glazing type, the global energy-efficient windows market is divided into Triple glazing, double glazing, and others. The double-glazing segment is expected to grow the highest CAGR during the forecast period. As it reduces the heat transfer and reduces outside heat flow propelling the market growth.

The frame segment is expected to expand at a rapid pace

Based on components, the global energy-efficient windows market is divided into hardware, frame, and glass. The Frame segment is expected to expand at a rapid pace during the forecast period. The segment consists of high revenue in the market due to the high cost of manufacturing materials. However, the glass segment is anticipated to hold a key share of the energy-efficient windows market due to technological advancements in the coming years.

The agriculture segment accounts for 72.3% of demand in the biochar market

Based on application, the global biochar market is divided into agriculture, electricity generation, animal farming, and others. The agriculture segment accounts for 72.3% of demand in the biochar market. Biochar plays a vital role in the agriculture segment as it improves the water and fertilizer holding capacity, improves soil‘s quality for products that enhance crop nutrition, and accelerates growth.

The residential end-user segment is expected to account for half of the market share

Based on end-user, the global energy-efficient windows market is bifurcated into residential and non-residential. The residential segment is expected to account for half of the market share during the forecast period. The rise in construction activities, and home improvement activities are the key drivers propelling the market. However, the non-residential segment is anticipated to hold a half share of the market in the coming years.

In terms of regions, the global energy-efficient windows market is classified as The Asia Pacific, Middle East Africa, Europe, North America, and Latin America. The market of North America is expected to constitute a key share of the market in the forecast period. However, the market of the Asia Pacific is anticipated to expand during the forecast period.

Competitive Landscape

Key players competing in the global energy-efficient windows market are, Ply gem residential solutions; PGT Innovations.inc; REHAU incorporated; VKR Holdings A/S; Deceininck NV; Masco Corporation; YKK group.

FAQs

During the forecast period, what is the CAGR of the market?

8.3% is the CAGR of the market during the forecast period.

Which segment constitutes a key share of the market?

The frame segment constitutes a key share of the market.

Which region accounted for a large market share?

North America accounted for a large share.

Name the key players competing in the market.

Key players competing in the global energy-efficient windows market are Ply gem residential solutions; PGT Innovations.inc; REHAU incorporated; VKR Holdings A/S; Deceininck NV; Masco Corporation; YKK group.

• To the growing demand for biochar in energy production
• Rising government policies for environmental protection
• Utilization of biochar for livestock feed.

What segments are covered in the Global Biochar report?

The segments covered in the report are technology (gasification, cookstove, pyrolysis, hydrothermal, carbonization), feedstock (agricultural waste, animal manure, woody biomass, forestry waste, and residential waste), application (agriculture, electricity generation, animal farming, and others)