Energy Efficient Windows Market Size, Share & Trends Analysis Report By Glazing (Double, Triple, Other Glazing), By End-use (Residential, Non-residential), By Region, And By Segment Forecasts, 2024 - 2030

Energy Efficient Windows Market Trends

The global energy efficient windows market size was estimated at USD 15.19 billion in 2023 and is forecasted to grow at a CAGR of 7.7% from 2024 to 2030. The growth of market is largely driven by rising global awareness of environmental sustainability and the need for resource conservation in both residential and commercial buildings. In addition, increasing utility costs, coupled with government regulations that promote energy-efficient building practices, have spurred demand for these windows. They help reduce heating and cooling loads, significantly improving a building's overall energy performance.

Incentives like tax credits, rebates, and subsidies for energy efficient upgrades have further encouraged property owners to invest in these windows, fostering market expansion. Moreover, growing urbanization and green building certifications such as LEED in developing countries such as India, China, Brazil, and Mexico, are pushing builders to incorporate energy-efficient windows into new construction and renovation projects.

Technological advancements in window design and materials also play a key role in market growth. Innovations such as low-emissivity (low-E) glass, multi-pane windows, and gas-filled units provide better insulation, UV protection, and noise reduction while maintaining aesthetic appeal. The introduction of smart glass technologies, which can adjust to light and heat, has further expanded the market’s appeal. In addition, the increasing integration of energy-efficient windows in retrofit projects as part of energy-saving initiatives for aging infrastructure continues to drive growth across various regions.

Governments and organizations worldwide are pushing for stricter building efficiency standards, creating a lucrative market for manufacturers of windows. Moreover, the growing trend of smart homes and connected buildings is opening new avenues for innovation, such as integrating smart glass that can dynamically adjust to environmental conditions. Retrofitting older buildings with energy efficient windows to meet new regulations or achieve resource savings also represents a growing market opportunity, as more property owners seek to improve environment without completely overhauling their structures.

Despite the benefits of the product, the high upfront cost of the product restraint the market growth. While these windows offer long-term savings, the initial investment can be prohibitive for many homeowners and small businesses. This cost barrier can discourage its widespread adoption, especially in less developed markets where budget constraints dominate decision making in construction and renovation projects.

The market is highly competitive, with numerous global and regional players present around the world. Key players such as Andersen Corporation, Pella Corporation, and Marvin Windows and Doors dominate the market owing to their established brand recognition, extensive product lines, and focus on innovation. However, the competitive landscape also includes smaller, specialized companies that focus on niche markets like smart glass technologies or environmentally friendly window materials. Companies are focusing on product differentiation, certifications, and sustainable manufacturing processes to gain a competitive edge and cater to the evolving demands of consumers and regulatory bodies.

Glazing Insights

Based on glazing, the market is segmented into double, triple, other glazing. Among these, double dominated the market with a revenue share of 49.4% in 2023 and is further expected to grow at fastest rate over forecast period. The cost effectiveness and widespread application in both residential and commercial buildings supports the market growth. Double glazed windows consist of two panes of glass with a layer of insulating gas between them, which significantly helps in reducing heat transfer and improving thermal insulation.

The demand for double glazing is further boosted by rising utility costs and increasing consumer awareness of energy conservation. Additionally, double-glazed windows offer excellent noise reduction and UV protection, making them an appealing choice for urban environments and climates that require moderate insulation. Government incentives and rebates for energy efficient home improvements further contribute to the growth of this segment.

Demand for triple glazed windows is expected to grow at a significant rate over the period of 2024-2030. Triple glazing is gaining traction in the market due to its superior insulation properties, particularly in colder climates. These windows feature three panes of glass with insulating gas between them, which leads to enhanced thermal efficiency and higher savings compared to double glazing.

Such advantages make them particularly attractive in regions with stringent regulations and colder weather conditions, such as Northern Europe and parts of North America. The growth of triple glazing is further driven by advancements in window technologies that improve the durability, weight, and performance of these windows, along with growing demand for passive and zero-energy buildings that prioritize maximum efficiency.

End-use Insights

Based on end use, the market is segmented into residential and non-residential. Residential end use accounted for the largest revenue share of 58.1% in 2023. Homeowners are increasingly concerned with reducing their carbon footprint, while also benefiting from lower utility bills, which is driving the product demand.

Additionally, the rise of home improvement and renovation trends post-pandemic, alongside increased real estate activity, has led to greater investments in upgrading energy efficient features, including windows. Smart home integration is also on the rise, with energy efficient windows being a critical component of homes designed for higher thermal performance, indoor comfort, and value appreciation.

Non-residential revenue is anticipated to grow at 6.7% over the forecast period.  Energy Efficient Corporate sustainability goals and mandates, such as those outlined in building codes and certifications like LEED, are encouraging commercial property owners to invest in energy efficient windows. These windows help reduce HVAC load, leading to significant long-term energy savings, which is particularly important for large office buildings, schools, hospitals, and retail spaces.

In addition, the shift towards constructing energy efficient commercial buildings and retrofitting older structures with modern technologies is accelerating product adoption. The push for net-zero buildings and green infrastructure in urban centers further propels market growth, as businesses and institutions strive to lower their carbon footprints and meet environmental standards.

Regional Insights

North America energy efficient windows market dominated with a revenue share of 32.6% in 2023. The growth of the market in North America is fueled by stringent codes and regulations, such as the Energy Star program and updated International Energy Conservation Code (IECC) standards. Additionally, the growing popularity of smart homes equipped with energy conservation technologies has also led to increased demand for innovative window solutions.

U.S. Energy Efficient Windows Market Trends

The energy efficient windows market in the U.S. is growing at a CAGR of 7.2% over the forecast period. Large corporations present in the U.S. are upgrading their facilities with energy efficient materials, including windows, as part of broader corporate sustainability goals. Moreover, disaster resilience is becoming a key driver in certain states prone to extreme weather, such as hurricanes in Florida and Texas.

Europe Energy Efficient Windows Market Trends

Europe energy efficient windows market accounted for USD 6.04 billion in 2023 due to rising utility costs, exacerbated by geopolitical factors such as the war in Ukraine and the subsequent resources crisis. In addition, advanced window technologies, such as thin triple glazing, are gaining traction, offering enhanced energy efficiency suitable for Europe’s diverse climates while preserving aesthetic values.

Asia Pacific Energy Efficient Windows Market Trends

The energy efficient windows market in Asia Pacific is expected to grow at the highest CAGR of 8.7% over the forecast period. In the Asia Pacific region, urban heat island effects rapidly growing megacities like Tokyo, Shanghai, and Delhi are becoming key drivers for the market. These cities are experiencing intensified heat due to urbanization, prompting increased adoption of windows that reflect solar radiation and improve indoor thermal comfort.

Key Energy Efficient Windows Company Insights

Some of the key players operating in the market include Saint-Gobain S.A., Andersen Corporation, Pella Corporation, Marvin Windows and Doors, and JELD-WEN, Inc.:

• Andersen Corporation is one of the largest window manufacturers in North America. The company is known for its energy efficient window lines like Andersen 400 Series and E-Series. The company uses advanced low-E glass and proprietary technology to improve thermal performance. Andersen Corporation has a significant presence in both residential and commercial markets and is a leading player in sustainability solutions.

• JELD-WEN, Inc. is a global leader in the production of energy-efficient windows and doors, with operations across North America, Europe, and Australia. The company emphasizes innovation in energy-saving products, with a diverse product portfolio that includes energy-efficient vinyl, wood, and aluminum-clad windows. JELD-WEN, Inc. focuses on sustainability and product diversification and solidifies its position as a market leader.

Simonton Windows, Atrium Windows & Doors, Milgard Windows & Doors, Harvey Building Products, and Kolbe Windows & Doors are some of the emerging participants in the market.

• Simonton Windows produces affordable and high-performance vinyl windows. Their product lines, such as ProSolar Low-E glass, provide excellent energy efficiency at competitive prices, making them popular in the residential market. Simonton is gaining traction in the market due to its focus on sustainability and value-driven solutions.

• Harvey Building Products offers a range of energy-efficient windows, particularly in the northeastern U.S. Their ENERGY STAR certified windows are designed to meet strict energy efficiency standards while providing superior durability and performance. The company is an emerging player due to its strong focus on the regional market and rising market share.

Recent Developments

• In January 2023, YES WORLD Climate Tech Pte Ltd announced the launch of energy-efficient Windows Solution for home and commercial buildings. The product includes a specialized glass solution comprising of double pane and sandwich glass designed to reflect a 85% of solar radiant heat. The product provides control over reflectivity, emissivity, absorption, radiant heat gain, solar heat gain, and privacy. Additionally, it functions as a passive solar collector, absorbing sunlight and radiating free heat into the building,

Energy Efficient Windows Market Report Scope

Global Energy Efficient Windows Market Report Segmentation

This report forecasts revenue growth at regional & country levels and provides an analysis of the industry trends in each of the segments from 2018 to 2030. For this study, Grand View Research has segmented the energy efficient windows market based on gazing, end-use, and region:

• Glazing Outlook (Revenue, USD Million; 2018 - 2030)

  • Double

  • Triple

  • Other Glazing

• End-use Outlook (Revenue, USD Million; 2018 - 2030)

  • Residential

  • Non-residential

• Regional Outlook (Revenue, USD Million; 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • Japan

    • India

    • South Korea

  • Central & South America

    • Brazil

    • Argentina

  • Middle East & Africa