Energy-Efficient Windows Market likely to reach beyond 25.31 Billion USD by 2026 at a CAGR of 8.6% with Market intelligence with competitive landscape and Key Revenue Pockets
[197 Pages Report] Energy-efficient windows provide improved thermal insulation,
reduced noise and dust, and increased aesthetic appeal. MarketsandMarkets
projects that the energy-efficient windows market size will grow from USD 10.12
Billion in 2015 to USD 25.31 Billion by 2026, at a compound annual growth rate
(CAGR) of 8.6% from 2016 to 2026. The increase in demand of energy-efficient
windows from residential sector is driving growth of the energy-efficient
windows market.
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The year 2015 witnessed several mergers & acquisitions in
the energy-efficient windows market by key players to expand their product
& service portfolio and improve their distribution network through the
means of vertical acquisitions. Expansions was the second-most adopted key
strategy by market players in order to expand their geographical reach to
untapped markets. The increase in demand for energy-efficient windows, coupled with
high development in the construction industry in emerging markets has
encouraged companies to adopt this strategy.
The report aims at estimating the market size and future
growth potential of the energy-efficient windows market across different
segments such as glazing type, application, component, end-use sector, and
region. The other objectives include providing detailed information regarding
the main factors influencing the growth of the market (drivers, restraints,
opportunities, and industry-specific challenges). It also aims to study the
individual growth trends, future prospects, and contribution of various segments
to the total market. The study also analyzes opportunities in the market for
stakeholders and details of competitive landscape for the market leaders. The
study strategically profiles key players and comprehensively analyzes their
core competencies.
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Insights of the report:
· Developed Economies to Witness Higher Demand for Energy-Efficient Windows
· Energy-Efficient Window Market, By Application
· Energy-Efficient Window Market, By Glazing Type
· China Accounted for the Largest Share in the Asia-Pacific Region in 2015
· Energy-Efficient Window Market: Geographic Snapshot
· Energy-Efficient Window Market, By End-Use Sector
· Developed Economies to Witness Higher Demand for Energy-Efficient Windows
· Energy-Efficient Window Market, By Application
· Energy-Efficient Window Market, By Glazing Type
· China Accounted for the Largest Share in the Asia-Pacific Region in 2015
· Energy-Efficient Window Market: Geographic Snapshot
· Energy-Efficient Window Market, By End-Use Sector
The key players in the energy-efficient windows market are
Saint Gobain S.A. (France), Asahi Glass Co., Ltd. (Japan), Nippon Sheet Glass
Co. Ltd. (Japan), SCHOTT AG (Germany), Central Glass Co. Ltd. (Japan), 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.), Associated Materials LLC (U.S.), Apogee Enterprises,
Inc. (U.S.), Deceuninck NV (Belgium), and PGT, Inc. (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.). These players adopted various strategies to expand their global
presence and increase their market share. Mergers & acquisitions,
expansions, partnerships, and new product launches are some of the major
strategies adopted by the market players to achieve growth in the
energy-efficient windows market.
Jeld-Wen Holdings Inc. (U.S.), through its subsidiary
Jeld-Wen, Inc., designs and manufactures long-lasting and energy-saving windows
and doors. Its products are used across applications such as exterior and
interior doors, patio doors, replacing windows, and for renovation purpose. In
2016, the company acquired TREND Windows & Doors (Australia) to strengthen
its foothold in Australia. In 2015, Jeld-Wen acquired Aneeta Window Systems
(Australia), a producer and distributor of sashless windows. The acquisition
helped Jeld-Wen to offer innovative products to its customers.
Builders FirstSource, Inc. (U.S.) is engaged in the supply and
manufacture of building materials, manufactured components, and construction
services to professional contractors, sub-contractors, and consumers. In 2014,
the company acquired Trim Tech, Inc. (U.S.), a supplier of interior and
exterior doors & windows and custom cabinets. It also acquired West Orange
Lumber Company, Inc. (U.S.), a supplier of custom doors & windows, roof
& floor trusses, and lumber, which broadened Builders’ customer base in
Florida.
In 2015, the residential sector accounted for a larger share
in the energy-efficient windows market; this is projected to grow at a higher
rate between 2016 and 2021, due to the extensive demand for window replacement,
due to the thermal inefficiency and air leakage problems caused by ordinary
single pane windows. The growth of residential construction across the globe is
also creating growth opportunities for the adoption of energy-efficient
windows.
In 2015, the European market accounted for the largest share
of the total market of energy-efficient windows, in terms of value, followed by
North America. However, the Asia-Pacific region is projected to grow at the
fastest rate in the energy-efficient windows market from 2016 to 2026. Markets
in developing countries such as China, India, Brazil, South Africa, and
countries in the Middle East are projected to grow at a higher rate from 2016
to 2026, owing to the high population in these countries, along with expected
new building constructions and renovation activities in the next ten years.
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USA: 1-888-600-6441
sales@marketsandmarkets.com
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