About Energy Efficient Windows
Energy-efficient windows are windows that reduce heat loss and provide energy savings by keeping the room temperature at an ambient level. Windows provide light, warmth, and ventilation to our homes. However, windows negatively affect the energy efficiency at homes. To reduce energy consumption, energy-efficient windows can be installed and in times of budget strain, existing windows can be improved using energy-efficient measures. Energy-efficient windows help in minimizing heating, cooling, and lightening costs.
Technavio’s analysts forecast the global energy efficient windows market to grow at a CAGR of 8.86% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global energy efficient windows market for 2017-2021. To calculate the market size, the report considers the new installations/value and retrofit/replacement.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Energy Efficient Windows Market 2017-2021
Technavio recognizes the following companies as the key players in the global energy efficient windows market: Apogee Enterprises, ASAHI GLASS, Central Glass, Nippon Sheet Glass, and Saint-Gobain.
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.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increasing popularity of smart glasses. Smart glass windows are defined as smart windows that consist of a glass or glazing whose light transmission properties are altered when voltage, light, or heat is applied. The glass changes from translucent to transparent, that is, changing from blocking some or all wavelengths of light to letting light pass through. Smart glass technologies include photochromic, thermochromic, micro-blind, electrochromic, suspended particle, and polymer-dispersed liquid crystal devices.”
According to the report, one of the major drivers for this market is Demand for green building construction. Green buildings are referred to as sustainable, intelligent, and reduced ecological footprint buildings. These buildings adopt building materials that increase energy efficiency and reduce water consumption. The green building practice is becoming popular among developers. The green building material market drives the demand for green building construction and is expected to grow at a CAGR of 13.21% by 2019. The growth in demand for green buildings will contribute to the demand for energy-efficient windows during the forecast period.
Further, the report states that one of the major factors hindering the growth of this market is Volatility in raw material prices. Energy-efficient windows are largely supported by unplasticized polyvinyl chloride (UPVC) frames. The other frames in the market are aluminum and wood. Wooden frames often experience shrinkage under extreme weather conditions. Therefore, UPVC frames are considered as ideal frames for energy-efficient windows. Thus, UPVC frames are higher in demand in the energy-efficient windows market.
Apogee Enterprises, ASAHI GLASS, Central Glass, Nippon Sheet Glass, and Saint-Gobain. 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.
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