The global energy efficient windows market was valued at US$222.15 bn in 2014 and is anticipated to reach US$479.90 bn by 2023 at a CAGR of 9.71% from 2015 to 2023.

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Growing population followed by large-scale commercialization have increased energy consumption. Presently, building structures hold a large share of the total energy consumption, which includes energy used for controlling ambient temperatures inside buildings. Countries are exploring new techniques in order to cater to the growing energy demand and to achieve sustainability. The first step to achieve sustainability in building structures is to make them energy efficient. Energy efficiency reduces costs and environmental footprints, and increases the value and competitiveness of buildings. Introduction of high performance energy efficient windows has improved the energy efficiency of buildings over the course of the last decade.

Energy efficient windows reduce the heating and cooling costs up to 16% and 23%, respectively. Efficiency of an energy efficient window is measured primarily on the basis of its U-factor. The window with higher energy efficiency has the lowest U-factor. Government institutions and environmental regulatory bodies have introduced several tax rebate programs and incentives to promote energy efficiency in buildings. The market for energy efficient windows has been rapidly expanding, predominantly due to favorable regulations along with growing commercialization and high global power demand.

In terms of geography, the energy efficient windows market has been segmented into four regions: North America, Asia Pacific, Europe, and Rest of the World. North America was the largest market for energy efficient windows in 2014, followed by Europe and Asia Pacific. The market in Rest of the World is expected to witness significant growth in the near future due to evolving energy efficiency standards and regulations, and growth in infrastructure sector. Rapid commercialization, spurring energy demand, and supporting regulations in several countries, including China and the U.S., are the major drivers of the energy efficient windows market.

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Demand for energy efficient windows is expected to increase gradually in the near future due to growth in infrastructure development globally. The global energy efficient windows market has been segmented as follows:

Energy Efficient Windows Market: By Glazing Type

Double Glazing Windows
Triple Low-E Glazing Windows

Energy Efficient Windows Market: By Region

North America

U.S.
Rest of North America

Europe

Asia Pacific

China
Rest of Asia Pacific

Rest of the World

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