Energy Efficient Windows Market Research 2015 - 2023

by Wayne Collins Research Analyst

Transparency Market Research has released a new market report titled “Energy Efficient Windows Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023”. According to this report, the global energy efficient windows market was valued at US$222.15 bn in 2014 and is projected to reach US$479.9 bn by 2023 at a CAGR of 9.71% from 2015 to 2023.

High performance energy efficient windows are made up of four major components: low-emissivity (or low-e) coated glass, gas fills, spacers, and improved frames. These windows significantly increase the energy efficiency of the building structure by reducing its energy consumption. Energy efficient windows maintain the ambient temperatures inside the building by reflecting the outside infrared light. In the last few decades, the global energy consumption has increased due to rising population, followed by increase in commercialization. Limited energy generation sources have led nations to explore several techniques for optimizing energy consumption. Government institutions and regulatory bodies across the globe have introduced several policies and incentives in order to promote energy efficient window technologies in building structures. Introduction of such schemes has benefited not only consumers but also manufacturers of energy efficient windows. This acts as a major driving force for the energy efficient windows market.

The energy efficient windows market has been segmented on the basis of type of glazing and geography. Based on glazing type, the market has been segmented into double glazing windows and triple low-e glazing windows. The double glazing windows segment held the largest share of the energy efficient windows market, by glazing type, in 2014.

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Demand for energy efficient windows is expected to increase gradually in the near future due to growth in infrastructure development globally. The global energy efficient windows market has been segmented as follows:

Energy Efficient Windows Market: By Glazing Type

Double Glazing Windows
Triple Low-E Glazing Windows

Energy Efficient Windows Market: By Region

North America

U.S.
Rest of North America

Europe

Asia Pacific

China
Rest of Asia Pacific

Rest of the World

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