According to the Environmental Protection Agency (EPA), the window area in a typical U.S. home is equal to roughly 15% of its total floor space. While all windows protect against loss of thermal energy, however, some are more energy efficient than others.
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Installing insulation isn't the only way to a home or building more energy efficient. Another solution is to invest in energy-efficient windows. From an outsider's perspective, energy-efficient windows look like ordinary glass windows. They are unique, however, because of their energy-efficient properties, allowing homeowners and business owners to save money on their energy expenses.
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So, just how much money can homeowners save by using energy-efficient windows? According to the U.S. Department of Energy, homeowners will save about $126 to $425 per year if they replace their single-pane glass windows with energy-efficient windows of the same size. Purchasing and installing energy-efficient windows costs money, but as you can see here, it can pay off for homeowners by lowering their energy expenses.
Energy-efficient windows are generally made with thicker panes of glass -- or other materials -- to minimize the loss of thermal energy. Some heated or cooled air will inevitably pass through the windows, but thick and insulated construction of energy-efficient windows reduces the amount of thermal energy passing through them. The end result is a more energy-efficient home or building, thereby lowering energy expenses for the homeowner or business owner.
Of course, there are plenty of other ways to make a home more energy efficient. Replacing the air filter on a regular basis -- typically once every 30 to 60 days -- will also create a more energy-efficient home. Over time, air filters gather debris that restricts the flow of air. When this occurs, the air conditioner or furnace must work harder to achieve the homeowner's desired room temperature.
The Energy Efficient Windows Market Size By Glazing, By Adoption, By Window, By Application, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024 report by Global Market Insights offers a professional view of the global energy-efficient windows market. Featuring 90 pages, it covers the market from all angles while revealing both current and future prospective scenarios.
According to the report, the triple low-e glazing energy-efficient segment is expected to grow at a compound annual growth rate (CAGR) of over 11% from 2016 through 2024, making it one of the market's fastest-growing segments. As a whole, researchers believe the market will grow at a rate of about 10% through the forecast period.
The report also found that replacement windows accounted for roughly 60% of the entire energy-efficient windows market's sales volume in 2015. Of course, replacement windows are used to replace existing windows in a home or building. You can learn more about the global energy-efficient windows market by checking out this report.