Overview of the global energy-efficient windows market
Market research analysts at Technavio predict that the global energy-efficient windows market will grow steadily at a CAGR of around 9% by 2021. This market research analysis identifies the rise in mixed-use projects as one of the primary factors that will have a positive impact on the growth of the energy-efficient windows market during the next few years. Mixed use projects demand huge scale of construction and the developers develop innovative methods to make these projects sustainable. The mixed-use buildings provide high return on investment, provide affordable housing opportunities, and reduce development risk. Energy-efficient windows provide insulation while keeping the interiors at minimal temperature and are preferred in mixed-use buildings.
Smart glass windows consist of a glass whose light transmission properties are altered when voltage, light, or heat is applied and the glass changes from translucent to transparent and changes from blocking some or all wavelengths of light to letting light pass through. Vendors in the market have invented the electrochromic glass or smart glass that easily converts from transparent to opaque and back again at the push of a button. This market research and analysis identifies the increasing popularity of smart glass as one of the key trends behind the growth of the energy-efficient windows market.
Competitive landscape and key vendors
The market is fragmented due to the presence of diverse international and diverse players and is competitive. The key vendors dominate the market in various regions and the number of new entrants in the market is quite high. The vendors in the market mainly compete based on factors such as price, features, and product quality. The local players are focusing on expanding their market share by offering their products at reduced prices.
The leading vendors in the market are -
- Apogee Enterprises
- ASAHI GLASS
- Central Glass
- Nippon Sheet Glass
- Saint-Gobain
The other prominent vendors in the market are ANDERSEN, Associated Materials, BMC Stock Holdings, Builders FirstSource, Central Glass Aluminium, Deceuninck, JELD-WEN, Milgard Manufacturing (Masco), PELLA CORPORATION, PGT Industries, Ply Gem, SCHOTT, and YKK AP America.
Segmentation by end user and analysis of the energy-efficient windows market
- Residential Construction
- Non-residential Construction
- Replacement and renovation
Market research analysts predict that influenced by the increased urbanization, urban-rural migration, government support, and the rising demand for more multifamily units, the residential segment will be the major end user to this market throughout the forecast period.
Geographical segmentation and analysis of the energy-efficient windows market
The increasing investments in the real estate sector and the research on various innovative methods to increase efficiency and reduce power consumption will influence the demand for energy efficiency windows in EMEA. This market research and analysis predicts that this region will be the major revenue contributor to this market throughout the forecast market.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global energy-efficient windows market?
- What are the key market trends impacting the growth of the global energy-efficient windows market?
- What are the challenges to market growth?
- Who are the key vendors in the global energy-efficient windows market?
- What are the market opportunities and threats faced by the vendors in the global energy-efficient windows market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global energy-efficient windows market?
Technavio also offers customization on reports based on specific client requirement.
The energy efficient windows market is an important component of Technavio's construction sector, which is an integral part of the heavy industries sector. Apart from this report, Technavio offers a vast collection of a research report from the heavy industries by gathering information on key business intelligence parameters such as market size, current trends and developments, and consumer buying behavior.
Research analysts at Technavio go through a rigorous analysis of research journals, expert opinions, and customer feedback surveys to oversee primary and secondary research. The information thus collected helps the client in planning their business activities in order to achieve their business objectives. The upcoming report on the global energy efficient windows market identifies Saint-Gobain, Asahi Glass, Nippon Sheet Glass, Schott to be some of the vendors operating in the market.
The upcoming research report on the energy efficient windows market also considers the growth of similar markets such as the global outdoor flooring market, which is expected to grow at a CAGR of 7% for the forecast period. According to our industry experts, the increasing adoption of green buildings and the growing need to conserve energy and improve efficiency are expected to influence the market across the globe.
The upcoming research report on the energy efficient windows market also includes market analysis, consumer buying patterns, competitive landscape, and opportunities and challenges witnessed by the industry. The report also covers insights and information from related sectors such as test and measurement and unit operations.
Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.