Asia Pacific Energy-Efficient Window Market Size, Share & Industry Trends Analysis Report By Application, By Component, By End-use, By Glazing Type (Double Glazed, Triple Glazed, and Others), By Country and Growth Forecast, 2021 - 2027
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Get in-depth analysis of the COVID-19 impact on the Asia Pacific Energy-Efficient Window Market
Market Report Description
The Asia Pacific Energy-Efficient Window Market would witness market growth of 7.0% CAGR during the forecast period (2021-2027).
Windows are thermally inefficient. The majority of them are ten times less power saving than the wall replaced. A typical home's windows might lose up to 30% of their heat or air conditioning energy. The excellent thing is that windows technology is rapidly progressing. New windows can even be net power gainers in specific situations. In every climate, choosing windows and doors is a good investment. The payback method for choosing energy-efficient appliances might be anything between two and ten years. High-tech windows are appealing and becoming increasingly simple to select.
Individual window elements comprise together to endure the forces acting on the complete device. The principles of convection, conduction, air leakage, radiation, are all used to shed and acquire heat. U-values, measure how much heat is transferred through a window through conduction, convection, and radiation. The algebraic inverse of U is an R-value. As a result, a U-value of 0.5 equals an R-value of 2. Consider the letters U and R to represent flow and resistance to flow, respectively. The volume of air that escapes throughout an sq. foot of window per minute is measured in cubic feet.
The prevalence of the top most populous nations like India and China in the region would create demand for more news construction projects. The recovery in the construction sector, along with increased awareness and concern about carbon emissions and energy conservation, are fueling the growth of the energy-efficient windows business in this region. The construction sector came to a halt as a consequence of COVID-19, resulting in the lower desire for energy-efficient windows in this region. During the forecast period, demand for energy-efficient windows would be driven by a resurgence in the end-use sector along with supply chain restoration. The construction surge in China is unequaled in history, and China's window market is huge. It would make a significant difference in terms of heating and cooling energy consumption whether this requirement is supplied with energy-efficient or conventional windows.
The China market dominated the Asia Pacific Energy-Efficient Window Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,616.6 Million by 2027. The Japan market is anticipated to grow at a CAGR of 6.3% during (2021 - 2027). Additionally, The India market would experience a CAGR of 7.6% during (2021 - 2027).
Based on Application, the market is segmented into Renovation & reconstruction and new construction. Based on Component, the market is segmented into Glass, Frames, and Hardware. Based on End-use, the market is segmented into Non-residential, and Residential. Based on Glazing Type, the market is segmented into Double Glazed, Triple Glazed, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include JELD-WEN Holding, Inc., PGT Innovations, Inc., Central Glass Co., Ltd., Apogee Enterprises, Inc., Saint-Gobain Group (CertainTeed), Asahi Kasei Corporation, Schott AG (Carl-Zeiss-Stiftung), The YKK Group (YKK AP, Inc.), Nippon Sheet Glass Co., Ltd., and Ply Gem Industries, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Renovation & reconstruction
- New construction
By Glazing Type
- Double Glazed
- Triple Glazed
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- JELD-WEN Holding, Inc.
- PGT Innovations, Inc.
- Central Glass Co., Ltd.
- Apogee Enterprises, Inc.
- Saint-Gobain Group (CertainTeed)
- Asahi Kasei Corporation
- Schott AG (Carl-Zeiss-Stiftung)
- The YKK Group (YKK AP, Inc.)
- Nippon Sheet Glass Co., Ltd.
- Ply Gem Industries, Inc.
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