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Published on : Jan 27, 2016

The global energy-efficient windows (EEW) market is projected to expand significantly in the coming few years. Presently, the global energy-efficient windows (EEW) market is worth billions of dollars and will progress gradually in the foreseeable future. However, there is one key issue that is hampering the global energy-efficient windows (EEW) market.

High Initial Investment Cost and High Installation Cost
The global energy-efficient windows (EEW) market is challenged by the high initial costs of these windows. Although in the long run, energy-efficient windows help to save energy and cost and are more eco-friendly, they tend to have high initial investment cost. These windows are more expensive than regular windows. Apart from the cost of the product, replacing an existing window with an energy-efficient can be very expensive. The installation of these windows in new structures can also be expensive, which adds to the initial cost of these windows.

Nevertheless, in the long run, these windows will eventually pay for themselves by decreasing heating and cooling costs and sometimes they even lower lighting costs. These features of energy-efficient windows is driving their demand among users.

Mega Trends of Urbanization and Industrialization to Drive Market
Several factors will drive the global energy-efficient windows (EEW) market. The two mega trends impacting the global energy-efficient windows (EEW) market positively are the increasing urbanization and industrialization, particularly in developing nations.

Moreover, the favorable policies for energy conservation will also drive the global energy-efficient windows (EEW) market. In addition to this, the development of eco-friendly norms will also fuel the global energy-efficient windows (EEW) market. Government organizations and regulatory bodies around the world have launched several policies and incentives to promote energy-efficient technologies such as EEW in building structures. The trend of green buildings in several countries around the world will also support the global energy-efficient windows (EEW) market.

Players in the global energy-efficient windows (EEW) market are expected to benefit from the introduction of smart window technology in these windows. Some of the key players operating in the global energy-efficient windows (EEW) market are Soft-Lite, Pella Corporation, Atrium Corporation, and Marvin Windows and Doors.