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Energy Efficient Windows Market size worth over USD 15 billion by 2024

Double glazed energy efficient windows market size contributed significantly towards global revenue 2015, owing to its room temperature maintaining coupled with minimizing external noise characteristics. Whereas, triple low-e glazing is forecast to expand at a greater rate of over 11% CAGR up to 2024.

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Energy Efficient Windows Market size worth over USD 15 billion by 2024

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  1. Energy Efficient Windows Market size worth over $15bn by 2024, at a CAGR of 10% from 2016 to 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. Key Insights from Energy Efficient Windows Market : • Canada energy efficient windows market size was valued at over USD 800 million in 2015. Increasing homeowner awareness in the country is likely to drive industry growth. • U.S commercial applications were valued over USD 700 million in 2015. The country is still somewhat recovering from economic downturn, which is forecast to positively impact on energy efficient windows for commercial application in the country. • Europe is forecast to reach USD 3 billion by 2024. Increasing directives and measures imposed by the European Union to minimize annual energy consumption is forecast to be key factor propelling regional growth.

  3. Continued… • South & Central America (SCA) energy efficient windows market is projected to expand at over 9% CAGR up to 2024. Increasing need to minimize electricity bills is anticipated to be key factor propelling industry growth. • Insulation market is forecast to touch USD 4 Billion by 2024. Low initial investment as compared to replacement will drive industry growth. • Global energy efficient windows market share is fairly competitive. Major industry participants include Marvin Windows & Doors, Milgard Manufacturing, Soft-Lite, Pella, Atrium, Associated Material, Jeld-Wen, YKK AP, Kolbe & Kolbe and Andersen.

  4. Canada Energy Efficient Windows Market size, by application, 2013-2024 (USD Billion)

  5. Browse Full Market Research Report On Energy Efficient Windows Market @ https://www.gminsights.com/industry-analysis/energy-efficient-windows-market Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/705

  6. 360° Analysis • Application Analysis • Residential applications, driven by strong consumer awareness trends are set to lead demand. Growing residential construction projects coupled with increasing customer awareness towards minimizing energy consumption may boost residential energy efficient windows market size. Commercial application is forecast to expand at over 10% CAGR over the forecast timeframe. • Regional Analysis • U.S. energy efficient windows market size continues to show over 10% growth. The region has witness significant government support for promoting energy efficient products. Europe energy efficient windows market share, while relatively nascent in terms of penetration, should see strong gains by 2024. Asia Pacific is projected to witness gains at over 11.5% CAGR from 2016 to 2024. • Competitive Market Share • Global energy efficient windows market share is competitive. Major industry participants include Milgard Manufacturing Inc., Marvin, and Soft-Lite. Other contributors include Atrium Corporation, Pella Corporation, Andersen Corporation, Associated Material Inc., Jeld-Wen Inc., YKK AP Inc., and Kolbe & Kolbe millwork Company.

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