According to a new report, published by KBV research, The Global Energy-Efficient Window Market size is expected to reach $18.7 billion by 2027, rising at a market growth of 6.2% CAGR during the forecast period.
The Renovation & reconstruction segment acquired the maximum revenue share in the Global Energy-Efficient Window Market by Application in 2020, thereby, achieving a market value of $11.0 billion by 2027. This is due to the fact that Energy-efficient windows are frequently used in the renovation as well as reconstruction projects. This demand is driven by the EU and US's enhanced efforts to minimize its carbon footprint. Countries are trying to reduce average household energy consumption by decreasing energy damage from cooling and heating through window frames to boost the market growth.
The Frames segment is showcasing a CAGR of 6.4% during (2021 - 2027). Enhancing the thermal resistance of the frame can help to optimize the overall energy efficiency of a window, especially its thermal dissipation rate or U-factor. All frame materials have advantages and disadvantages, however, wood, vinyl, fiberglass, as well as some composite frame components offer additional thermal resistance than metal.
The Non-residential segment is leading the Global Energy-Efficient Window Market by End-use 2020, thereby, achieving a market value of $12.3 billion by 2027. This is due to Commercial buildings, such as hotels, educational institutions, airports, offices, and hospitals use energy-efficient windows. Large-scale commercial buildings are designed to conserve energy. In the commercial building segment, growing economies are seeing an increase in demand for green buildings.
The Triple Glazed market has shown growth rate of 6.8% during (2021 - 2027). Triple glaze windows are more fuel effective than double windows, which are more energy cost effective than single-pane windows. More insulation is provided by the additional glass panes. It's not just the glass, though. An overlay of insulating gas is sandwiched between each pane. As a result, it has five times the insulation of a single-glazed window which propel the growth of the triple glazed windows in coming years.
The North America is the fastest growing region in Global Energy-Efficient Window Market by Region in 2020, and would achieve a market value of $6.3 billion by 2027. The Europe market is estimated to witness a CAGR of 5.8% during (2021 - 2027). Additionally, The Asia Pacific market would display a CAGR of 7% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/energy-efficient-window-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
By Application
By Component
By End-use
By Glazing Type
By Geography
Companies Profiled
Unique Offerings 
