The global energy-efficient windows market is likely to grow at an 8?GR in the forecast period 2020- 2027, according to the latest Market Research Future (MRFR) analysis. Energy efficient windows help in minimizing the use of artificial cooling and heating in a building. These windows comprise of three main components including frame, glazing, or glass, and other hardware. 

Various factors are fuelling the global energy-efficient windows market share. As per the recent MRFR market estimates, such factors include the booming construction industry, the increasing popularity of energy-efficient windows for being eco-friendly and cost-effective, stringent restrictions issued by International Energy Agency to conserve energy, rising energy conservation, increasing awareness to minimize carbon footprints, increasing adoption of green building standards, trend towards improving energy efficiency, rise in popularity of HVAC applications, growing trend of sustainable construction techniques like energy efficient building and zero energy building, growth in the construction industry, rapid urbanization and commercialization, and strict government regulations. 

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High initial cost of energy efficient windows coupled with the fluctuations in raw material prices may impede the global energy-efficient windows market growth over the forecast period. 

COVID-19 Analysis 

Unfortunately, the energy efficient windows market has faced the brunt of the ongoing COVID-19 pandemic. Owing to the pause of non-essential work worldwide the production of such windows has been suspended. For the lockdown and pandemic in different countries, several workers in the energy efficiency sector lost their jobs which had a negative impact on the market growth. 

Market Segmentation 

The MRFR report throws light on an inclusive segmental analysis of the global energy efficient windows market based on glazing type, components, and application. 

By glazing type, the global energy efficient windows market is segmented into triple lower, double, and others. Of these, the double segment will lead the market over the forecast period. 

By components, the global energy efficient windows market is segmented into frames, pane spacers, and glass. Of these, the glass segment will dominate the market over the forecast period. 

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By application, the global energy efficient windows market is segmented into industrial, commercial, and residential. Of these, the residential segment will spearhead the market over the forecast period. 

Regional Analysis 

By region, the global energy efficient windows market covers the recent trends and growth opportunity across North America, Europe, the Asia Pacific (APAC), and Rest of the World (RoW). Of these, Europe will spearhead the market over the forecast period for the government initiatives for energy saving. 

In the APAC region, the global energy efficient windows market is predicted to have notable growth over the forecast period. Growing construction industry in India, Japan, and China, growing demand for energy efficient windows in China, high pollution levels that has prompted the government in taking strict actions in combating the rising carbon emissions, rise in disposable incomes, and increasing residential construction in developing countries are adding to the global energy efficient windows market in the region. 

In North America, the global energy efficient windows market is predicted to have favorable growth over the forecast period. Growing investments in the real estate sector, research on different innovative methods to augment efficiency and decrease power consumption, introduction of stricter energy conservation regulations, the presence of programs like ENERGY STAR, replacement of conventional windows with energy efficient windows, and various government initiatives are adding to the global energy efficient windows market in the region. 

Key Players 

The leading players profiled in the global energy efficient windows market report include Ply Gem Holdings, Inc. (U.S.), YKK AP, Inc. (Japan), Jeld-Wen Holding, Inc. (U.S.), Builders FirstSource, Inc. (U.S.), Masco Corporation (U.S.), Central Glass Co. Ltd. (Japan), SCHOTT AG (Germany), Nippon Sheet Glass Co. Ltd. (Japan), Asahi Glass Co., Ltd. (Japan), and Saint Gobain S.A. (France), among others. 

The global energy efficient windows market is fragmented and also competitive with the presence of many domestic as well as international industry players. They have incorporated assorted strategies to stay at the forefront and also cater to the surging needs of the customers, including collaborations, partnerships, contracts, geographic expansions, new product launches, joint ventures, and more. Additionally, these players are also making heavy investments in research and development activities for strengthening their portfolios and also creating a hold in the market.

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