North American Facade Market Size, Share & Trends Analysis Report by Facade Type (Ventilated and Non-Ventilated) and by End-User (Residential, Commercial, and Industrial) and Forecast, 2019-2025. The North American facade market is estimated to grow significantly at a CAGR of around 13.7% during the forecast period.
The North American facade market is estimated to grow significantly at a CAGR of around 13.7% during the forecast period. North America is projected to be the most opportunistic region in the global facade market over the forecast period.
This is due to the increasing development of eco-friendly construction activities such as bio-climatic facades and other modern facades. Moreover, the government initiates in the development of the smart industrial sector is expected to positively impact the revenue of facade market in the region.
Favorable government schemes within the region have led towards the increase in solar power plant construction projects in the US. Canada's green building market is growing steadily, according to the McGraw Hill Construction and Canada Green Building Council.
This, in turn, would increase the deployment of a facade in the green building projects.
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As at the end of 2016, the US had 40 gigawatts (GW) of installed photovoltaic capacity, having almost thee doubled capacity from the previous year.
At the end of 2015, the US ranked 4th across the globe following China, Germany, and Japan, and employment of solar power plants had overtaken oil, gas and even coal employment in the US in 2016; and approximately 40% of all new electricity generation capacity in the country came from solar, more than any other source of energy as per International Energy Agency. Hence, the growth of the facade market in the region will increase with the increase in the demand for solar panels in the region.
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North-American Facade Market Segmentation
By Façade Type
- By End-User
- Aakriti Engineers
- AGL Facade Systems Pte. Ltd.
- Ajit Glafa India Pvt. Ltd.
- Alumak Industries, Inc.
- Aluvision Facade Solutions Pvt. Ltd.
- Argo Facades
- Asahi India Glass, Ltd.
- Auzmet Pty. Ltd.
- Axis facades
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