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IMARC Group, a leading market research company, has recently releases report titled “Energy Efficient Windows Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global energy efficient windows market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
The global energy efficient windows market size reached US$ 19,588.8 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 31,641.7 Million by 2028, exhibiting a growth rate (CAGR) of 8.35% during 2023-2028.
Energy efficient windows are advanced ventilation systems that provide greater protection from heat loss and heat gain to reduce the energy consumption of the entire building or complex. They are commonly available with low emissivity (low-E) coatings, double glazing, triple glazing, argon or krypton gas fillings, etc. Energy efficient windows can operate in various formats, including casement, fixed, sliding, awning, double-hung, hopper, etc. They also offer noise reduction capabilities and deflect ultraviolet (UV) rays.
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The expanding construction industry is one of the key factors driving the energy-efficient windows market. Furthermore, the growing requirement for effective ventilation systems to reduce air conditioning costs and energy consumption is augmenting the product demand. Additionally, increasing environmental awareness and the widespread adoption of green building concepts are propelling the market growth. Moreover, there have been various technological advancements, including the launch of innovative windows integrated with artificial intelligence (AI) solutions and the Internet of Things (IoT). These windows either automatically adjust or can be remotely changed through a smartphone application. Besides this, the implementation of favorable government policies promoting sustainable development is anticipated to bolster the market growth in the coming years.
The report has segmented the market into the following categories:
Breakup by Operating Type:
Breakup by Glazing Type:
Breakup by Component:
Breakup by End Use:
Breakup by Region:
The report covers the major market players including:
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