The energy efficient windows market size has grown strongly in recent years. It will grow from $11.95 billion in 2023 to $12.71 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth observed in the historical period can be attributed to industry standards development, early market adoption, architectural and design trends, public and government initiatives, and environmental concerns.
The energy efficient windows market size is expected to see strong growth in the next few years. It will grow to $15.56 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The anticipated growth in the forecast period can be attributed to urbanization and construction boom, renewable energy integration, growing awareness and education, stringent environmental regulations, and rising energy costs. Major trends in the forecast period include circular economy and sustainability, health-centric design, digitalization and IoT integration, customization and aesthetics, net-zero energy buildings, and advanced insulation and glazing.
The anticipated growth of the energy-efficient windows market is fueled by the increasing environmental awareness and the widespread adoption of green buildings. Green buildings adhere to practices that prioritize environmental responsibility and resource efficiency throughout the entire construction process. These energy-efficient structures significantly reduce the energy needed for heating and cooling, regardless of the specific equipment chosen for climate control. For example, EnergyStar, a US-based government-backed symbol for energy efficiency, reported that in 2021, over 2.3 million ENERGY STAR certified new homes and apartments were constructed, with more than 120,000 built in that year alone. The ENERGY STAR program for commercial buildings has aided businesses and organizations in saving energy, avoiding substantial energy costs, and achieving notable reductions in greenhouse gas emissions. Therefore, the combination of increasing environmental awareness and the widespread adoption of green building practices is a key driver behind the growth of the energy-efficient windows market.
The anticipated growth of the energy-efficient windows market is closely tied to the increasing demand for construction activities. Construction involves the assembly of various materials to create structures based on a comprehensive design and blueprint for specific locations. Energy-efficient windows play a crucial role in construction projects, optimizing energy consumption by offering enhanced insulation, natural light, and contributing to sustainable building practices. These windows also contribute to cost savings in heating and cooling. For instance, in April 2023, the United States Census Bureau reported an over 8% increase in the overall value of residential and non-residential construction in the US between 2020 and 2021. This surge in construction demand is a key factor driving the growth of the energy-efficient windows market.
A notable trend in the energy-efficient window equipment market is the increased emphasis on research and development. Stakeholders are dedicating efforts to create windows that not only enhance efficiency but also minimize wastage and energy consumption. A case in point is YES WORLD, a Singapore-based company, which, in January 2023, introduced energy-efficient window solutions designed for both residential and commercial buildings. These specialized windows feature double pane glass and sandwich glass, incorporating a layer of patented material that effectively reflects the majority of solar radiant heat. This innovative solution addresses building envelope deficiencies related to windows, reflecting 85 percent of the sun's heat. As a result, it significantly reduces solar heat gain and decreases energy consumption in terms of HVAC load.
Major players in the energy-efficient windows market are directing their focus towards product innovations, particularly in the realm of transparent glass coatings. These innovations aim to enable sustainable buildings to effectively regulate internal temperatures. Transparent glass coatings involve applying a thin layer or film to the glass surfaces of energy-efficient windows, enhancing their properties, appearance, or functionality while preserving transparency. For instance, in July 2023, Heat Cure Glass Coating, an India-based manufacturing company, introduced heat cure glass coating products for energy-efficient windows. These products feature a nanotechnology-based transparent liquid coating that provides protection from heat and harmful rays, ensuring a cool interior in summers and warmth in winters. The coating boasts a shelf life of up to 12 years without requiring maintenance and offers more than 76% visible light transmission over 3mm glass. This exemplifies a commitment to continuous innovation within the energy-efficient windows market.
In a notable development in November 2022, Santiago Investment Group LLC, a US-based private equity firm, successfully acquired Sprouse Windows and Doors for an undisclosed amount. This strategic acquisition is anticipated to drive innovation and optimization in the creation of new solutions geared towards enhancing building energy efficiency. The primary goals include supporting the company's growth trajectory, upgrading its equipment, and maintaining its longstanding commitment to delivering top-notch products and exceptional customer service. Sprouse Windows and Doors, a leading US-based manufacturer, specializes in crafting energy-efficient vinyl windows and doors, further solidifying the potential impact of this acquisition on the broader market.
Major companies operating in the energy efficient windows market report are Saint-Gobain S.A., Buiders FirstSource Inc., PPG Industries Ltd., Masco Corporation, Asahi Glass Co. Ltd., JELD-WEN Holding Inc., Anderson Corporation, Associated Materials LLC, Schott AG, VKR Holding A/S, Ply Gem Holdings Inc., The Rehau group, PGT Inc., Apogee Enterprises Inc., Central Glass Co. Ltd., Sise Ve Cam Fabrikalari, Deceuninck NV, Drew Industries Incorporated, China Glass Holdings Limited, Nippon Sheet Glass Co. Ltd., SoftLite Windows & Doors, Kolbe & Kolbe Millwork Co. Inc., YKK AP America Inc., Quantum Windows & Doors Inc., Ideal Window Manufacturing Inc., Inline Fiberglass Ltd., Don Young Company, Building Materials Holding Corporation, Kensington HPP Inc., GlassCrafters Inc., WeatherBarr Windows & Doors, Thermal Windows & Doors LLC, United Window & Door Manufacturing Inc., Window World Inc., Vista Window Company.
North America was the largest region in the energy efficient windows market in 2023. Asia-Pacific is expected to be the fastest growing market in energy efficient windows market share. The regions covered in the energy efficient windows market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the energy efficient windows market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The market for energy efficient windows market consists of sales of hinged-sash windows, insulated windows, and double-glazed windows. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The energy efficient windows market size is expected to see strong growth in the next few years. It will grow to $15.56 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The anticipated growth in the forecast period can be attributed to urbanization and construction boom, renewable energy integration, growing awareness and education, stringent environmental regulations, and rising energy costs. Major trends in the forecast period include circular economy and sustainability, health-centric design, digitalization and IoT integration, customization and aesthetics, net-zero energy buildings, and advanced insulation and glazing.
The anticipated growth of the energy-efficient windows market is fueled by the increasing environmental awareness and the widespread adoption of green buildings. Green buildings adhere to practices that prioritize environmental responsibility and resource efficiency throughout the entire construction process. These energy-efficient structures significantly reduce the energy needed for heating and cooling, regardless of the specific equipment chosen for climate control. For example, EnergyStar, a US-based government-backed symbol for energy efficiency, reported that in 2021, over 2.3 million ENERGY STAR certified new homes and apartments were constructed, with more than 120,000 built in that year alone. The ENERGY STAR program for commercial buildings has aided businesses and organizations in saving energy, avoiding substantial energy costs, and achieving notable reductions in greenhouse gas emissions. Therefore, the combination of increasing environmental awareness and the widespread adoption of green building practices is a key driver behind the growth of the energy-efficient windows market.
The anticipated growth of the energy-efficient windows market is closely tied to the increasing demand for construction activities. Construction involves the assembly of various materials to create structures based on a comprehensive design and blueprint for specific locations. Energy-efficient windows play a crucial role in construction projects, optimizing energy consumption by offering enhanced insulation, natural light, and contributing to sustainable building practices. These windows also contribute to cost savings in heating and cooling. For instance, in April 2023, the United States Census Bureau reported an over 8% increase in the overall value of residential and non-residential construction in the US between 2020 and 2021. This surge in construction demand is a key factor driving the growth of the energy-efficient windows market.
A notable trend in the energy-efficient window equipment market is the increased emphasis on research and development. Stakeholders are dedicating efforts to create windows that not only enhance efficiency but also minimize wastage and energy consumption. A case in point is YES WORLD, a Singapore-based company, which, in January 2023, introduced energy-efficient window solutions designed for both residential and commercial buildings. These specialized windows feature double pane glass and sandwich glass, incorporating a layer of patented material that effectively reflects the majority of solar radiant heat. This innovative solution addresses building envelope deficiencies related to windows, reflecting 85 percent of the sun's heat. As a result, it significantly reduces solar heat gain and decreases energy consumption in terms of HVAC load.
Major players in the energy-efficient windows market are directing their focus towards product innovations, particularly in the realm of transparent glass coatings. These innovations aim to enable sustainable buildings to effectively regulate internal temperatures. Transparent glass coatings involve applying a thin layer or film to the glass surfaces of energy-efficient windows, enhancing their properties, appearance, or functionality while preserving transparency. For instance, in July 2023, Heat Cure Glass Coating, an India-based manufacturing company, introduced heat cure glass coating products for energy-efficient windows. These products feature a nanotechnology-based transparent liquid coating that provides protection from heat and harmful rays, ensuring a cool interior in summers and warmth in winters. The coating boasts a shelf life of up to 12 years without requiring maintenance and offers more than 76% visible light transmission over 3mm glass. This exemplifies a commitment to continuous innovation within the energy-efficient windows market.
In a notable development in November 2022, Santiago Investment Group LLC, a US-based private equity firm, successfully acquired Sprouse Windows and Doors for an undisclosed amount. This strategic acquisition is anticipated to drive innovation and optimization in the creation of new solutions geared towards enhancing building energy efficiency. The primary goals include supporting the company's growth trajectory, upgrading its equipment, and maintaining its longstanding commitment to delivering top-notch products and exceptional customer service. Sprouse Windows and Doors, a leading US-based manufacturer, specializes in crafting energy-efficient vinyl windows and doors, further solidifying the potential impact of this acquisition on the broader market.
Major companies operating in the energy efficient windows market report are Saint-Gobain S.A., Buiders FirstSource Inc., PPG Industries Ltd., Masco Corporation, Asahi Glass Co. Ltd., JELD-WEN Holding Inc., Anderson Corporation, Associated Materials LLC, Schott AG, VKR Holding A/S, Ply Gem Holdings Inc., The Rehau group, PGT Inc., Apogee Enterprises Inc., Central Glass Co. Ltd., Sise Ve Cam Fabrikalari, Deceuninck NV, Drew Industries Incorporated, China Glass Holdings Limited, Nippon Sheet Glass Co. Ltd., SoftLite Windows & Doors, Kolbe & Kolbe Millwork Co. Inc., YKK AP America Inc., Quantum Windows & Doors Inc., Ideal Window Manufacturing Inc., Inline Fiberglass Ltd., Don Young Company, Building Materials Holding Corporation, Kensington HPP Inc., GlassCrafters Inc., WeatherBarr Windows & Doors, Thermal Windows & Doors LLC, United Window & Door Manufacturing Inc., Window World Inc., Vista Window Company.
North America was the largest region in the energy efficient windows market in 2023. Asia-Pacific is expected to be the fastest growing market in energy efficient windows market share. The regions covered in the energy efficient windows market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the energy efficient windows market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The market for energy efficient windows market consists of sales of hinged-sash windows, insulated windows, and double-glazed windows. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Energy Efficient Windows Market Characteristics3. Energy Efficient Windows Market Trends and Strategies32. Global Energy Efficient Windows Market Competitive Benchmarking33. Global Energy Efficient Windows Market Competitive Dashboard34. Key Mergers and Acquisitions in the Energy Efficient Windows Market
4. Energy Efficient Windows Market - Macro Economic Scenario
5. Global Energy Efficient Windows Market Size and Growth
6. Energy Efficient Windows Market Segmentation
7. Energy Efficient Windows Market Regional and Country Analysis
8. Asia-Pacific Energy Efficient Windows Market
9. China Energy Efficient Windows Market
10. India Energy Efficient Windows Market
11. Japan Energy Efficient Windows Market
12. Australia Energy Efficient Windows Market
13. Indonesia Energy Efficient Windows Market
14. South Korea Energy Efficient Windows Market
15. Western Europe Energy Efficient Windows Market
16. UK Energy Efficient Windows Market
17. Germany Energy Efficient Windows Market
18. France Energy Efficient Windows Market
19. Italy Energy Efficient Windows Market
20. Spain Energy Efficient Windows Market
21. Eastern Europe Energy Efficient Windows Market
22. Russia Energy Efficient Windows Market
23. North America Energy Efficient Windows Market
24. USA Energy Efficient Windows Market
25. Canada Energy Efficient Windows Market
26. South America Energy Efficient Windows Market
27. Brazil Energy Efficient Windows Market
28. Middle East Energy Efficient Windows Market
29. Africa Energy Efficient Windows Market
30. Energy Efficient Windows Market Competitive Landscape and Company Profiles
31. Energy Efficient Windows Market Other Major and Innovative Companies
35. Energy Efficient Windows Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Energy Efficient Windows Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on energy efficient windows market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Benchmark performance against key competitors.
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- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for energy efficient windows? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Operating Type: Awning; Casement; Double-hung; Fixed; Hopper; Sliding
2) By Component: Frame; Glass; Hardware
3) By Glazing Type: Double Glazing; Triple Glazing; Other Glazing Types
4) By Application: New Construction; Renovation and Reconstruction
5) By End-user: Residential; Non Residential
Key Companies Mentioned: Saint-Gobain S.A.; Buiders FirstSource Inc.; PPG Industries Ltd.; Masco Corporation; Asahi Glass Co. Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Saint-Gobain S.A.
- Buiders FirstSource Inc.
- PPG Industries Ltd.
- Masco Corporation
- Asahi Glass Co. Ltd.
- JELD-WEN Holding Inc.
- Anderson Corporation
- Associated Materials LLC
- Schott AG
- VKR Holding A/S
- Ply Gem Holdings Inc.
- The Rehau group
- PGT Inc.
- Apogee Enterprises Inc.
- Central Glass Co. Ltd.
- Sise Ve Cam Fabrikalari
- Deceuninck NV
- Drew Industries Incorporated
- China Glass Holdings Limited
- Nippon Sheet Glass Co. Ltd
- SoftLite Windows & Doors
- Kolbe & Kolbe Millwork Co. Inc.
- YKK AP America Inc.
- Quantum Windows & Doors Inc.
- Ideal Window Manufacturing Inc.
- Inline Fiberglass Ltd.
- Don Young Company
- Building Materials Holding Corporation
- Kensington HPP Inc.
- GlassCrafters Inc.
- WeatherBarr Windows & Doors
- Thermal Windows & Doors LLC
- United Window & Door Manufacturing Inc.
- Window World Inc.
- Vista Window Company
