Energy-efficient Windows Market worth 25.31 Billion USD by 2026 Energy-efficient Windows Market

Energy-efficient Windows Market worth 25.31 Billion USD by 2026
The report "Energy-efficient Windows Market by Glazing Type (Double, Double Low-e, Triple, and
Triple Low-e), Component (Glass, Frame, and Hardware), Application (Replacement & Renovation
and New Construction), End-use Sector, and Region - Global Forecast to 2026", The energy-efficient
windows market size is estimated to grow from USD 10.12 Billion in 2015 to USD 25.31 Billion by 2026,
at a CAGR of 8.6% between 2016 and 2026.
The energy-efficient windows market is projected to witness significant growth in the next few years due
to increase in adoption of green building standards, the trend toward improving energy efficiency, and
growth in popularity of heating, ventilation and air conditioning (HVAC) applications. Rise in construction
activities in emerging economies and increase in inclination toward sustainable construction methods are
creating growth opportunities for the energy-efficient windows market.
Target Audience
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Glass suppliers
Window system suppliers
Architects & engineers
Construction contractors
Logistics partners
Machinery suppliers
Regulatory bodies
Building systems association
Market research and consulting firms
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Residential sector to gain maximum traction during the forecast period
The residential segment dominated the market in 2015 and is projected to be the fastest-growing end-use
sector in the next ten years. As a result of the growth in population, rise in urbanization and industrialization,
this market is mostly driven by the upward surge in the demand for new constructions across the world.
Factors such as increase in need for energy-efficient windows in buildings due to several benefits (such as
reduced noise and dust and improved thermal insulation) these windows offer, is driving the market for
energy-efficient windows in the residential sector.
Replacement & renovation segment projected to be the fastest-growing during the forecast period
On the basis of application, the replacement & renovation segment is projected to grow at a higher CAGR
from 2016 to 2026. This growth can be attributed to the existing base of installed windows, which need
replacement over the years. Also, growth in concerns with regard to energy consumption and increase in
trend of sustainable construction is also anticipated to propel the homeowners and building contractors to
switch to energy-efficient windows for replacement purpose, majorly in developed markets.
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