Report: Energy efficient window market to grow
The global Energy Efficient Windows Market is projected to grow considerably over the next several years, according to a new report.
The report by Progressive Markets, titled “Global Energy-Efficient Windows Market- Size, Trend, Share, Opportunity Analysis & Forecast, 2014–2025,” presents a comprehensive analysis of the key decisive market factors such as drivers and restraints and highlights the competitive scenario of the energy-efficient windows market. The report includes vital energy efficient windows industry statistics, tables, and figures that add depth and credibility to the information provided.
Advancements in technology have led to the development of windows that offer additional benefits. Energy efficient windows not only provide light, ventilation, warmth while adding to the aesthetic beauty of the house but also reduce or eliminate the need for artificial heating and cooling. A large amount of heat energy is lost from buildings owing to the lack of insulation or due to radiation.
Installation of energy efficient windows results in reduced energy consumption and better regulation of indoor temperatures, thus reducing the need for power-driven temperature control systems. These windows have received widespread acceptance in the emerging economies of India, China, Brazil, and Mexico with a rise in adoption of sustainable methods for construction, such as zero energy building and smart grids.
The significant growth of the energy efficient windows industry can be attributed to the increasing adoption of green building standards, along with the rising demand for energy efficient systems for buildings, across the globe, according to the report.
The emerging economies in the Asia-Pacific region have witnessed a surge in the number of construction activities owing to rapid urbanization and commercialization, thus driving the overall development of the global market. However, the lack of awareness about the numerous benefits of installing energy efficient windows restricts the market's growth. In addition, the high initial cost associated with the installation of these windows acts as a major restraint. The market offers several opportunities for the new entrants to grow and set a strong foothold in the market.
The energy efficient windows market analysis is provided for four major categories, segmented by component, glazing type, application, and the geography. Based on the component, the market is categorized as glass, frames, and others. The types of glazing include double-glazing and triple Low-E glazing.
These windows find applications in the residential and commercial sectors. The presence of the market is analyzed in the regions of Asia-Pacific, North America, Europe and LAMEA.
Topics: Automation and Controls, Construction Firms, Energy Saving Products, Exteriors, Great Commercial Buildings, Healthy & Comfortable Buildings, Multifamily / Multiunit Residential, Office Buildings, Technology, Thermal Envelope - Building Envelope, Windows - Glass and Glazing Strategies and Systems