[197 Pages Report] The Energy-Efficient Windows Market size is estimated to grow from USD 10.12 Billion in 2016 to USD 25.31 Billion by 2026, at a CAGR of 8.6% from 2016 to 2026. The base year considered for the study is 2015 and the market size is projected from 2016 to 2021 and from 2016 to 2026.

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Residential sector to gain maximum traction during the forecast period

The residential segment dominated the market in 2015 and is projected to be the fastest-growing end-use sector in the next ten years. As a result of the growth in population, rise in urbanization and industrialization, this market is mostly driven by the upward surge in the demand for new constructions across the world. Factors such as increase in need for energy-efficient windows in buildings due to several benefits (such as reduced noise and dust and improved thermal insulation) these windows offer, is driving the market for energy-efficient windows in the residential sector.

Replacement & renovation segment projected to be the fastest-growing during the forecast period

On the basis of application, the replacement & renovation segment is projected to grow at a higher CAGR from 2016 to 2026. This growth can be attributed to the existing base of installed windows, which need replacement over the years. Also, growth in concerns with regard to energy consumption and increase in trend of sustainable construction is also anticipated to propel the homeowners and building contractors to switch to energy-efficient windows for replacement purpose, majorly in developed markets.

European region constitutes the largest market share in the energy-efficient windows market

The European region contributes a major market share in the global energy-efficient windows market. However, the European market is projected to grow at a comparatively lower rate than other regions as a result of weak construction demand in the region due to sub-performing economic conditions. The Asia-Pacific region is projected to register the highest growth from 2016 to 2026, while China is projected to be fastest-growing country-level market in the region for energy-efficient windows market. North America is projected to grow at the second-highest rate between 2016 and 2026, with the U.S. registering the highest growth rate in the region. Emerging economies such as South Africa, Brazil, and countries in the Middle East are projected to grow at moderate CAGRs between 2016 and 2026.

The global market for the energy-efficient windows market is dominated by players such as Masco Corporation (U.S.), Builders FirstSource, Inc. (U.S.), Jeld-Wen Holding, Inc. (U.S.), YKK AP, Inc. (Japan), Ply Gem Holdings, Inc. (U.S.), BMC Stock Holdings, Inc. (U.S.), and Associated Materials LLC (U.S.). Other players in the energy-efficient windows market include Turkiye Sise Ve Cam Fabrikalari A.S. (Turkey), VKR Holding A/S (Denmark), Drew Industries Incorporated (U.S.), Inwido AB (Sweden), China Glass Holding Limited (China), Anderson Corporation (U.S.), Atrium Corporation (U.S.), Guardian Industries Corp (U.S.), Harvey Building Products (U.S.), Kolbe & Kolbe Millwork Co., Inc. (U.S.), Marvin Windows and Doors (U.S.), Pella Corporation (U.S.), Soft-Lite, LLC (U.S.), Ultraframe (UK) Ltd (U.K.), and Weather Shield Manufacturing Incorporated (U.S.).

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