UAE Energy-Efficient Windows Market, By Component (Glass, Frame, Hardware); By Glazing (Single Glazing, Double Glazing, Triple Glazing); By Application (New Construction, Renovation & Construction); By End Use (Non-Residential, Residential), Trend Analysi

UAE Energy-Efficient Windows Market, By Component (Glass, Frame, Hardware); By Glazing (Single Glazing, Double Glazing, Triple Glazing); By Application (New Construction, Renovation & Construction); By End Use (Non-Residential, Residential), Trend Analysis, Competitive Landscape & Forecast, 2019–2029

UAE Energy-Efficient Windows Market Size Booming at Significant CAGR of 6.7% during the Forecast Period

UAE energy-efficient windows market is gaining traction because of the spurring demand for the products in the rapidly growing construction sector and rising usage of energy-efficient windows in non-residential buildings in the country.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the UAE energy-efficient windows market size at USD 316.11 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the UAE energy-efficient windows market size to grow at a CAGR of 6.72% reaching a value of USD 495.04 million by 2029. The increased construction of residential and commercial spaces as a result of population growth, economic diversification, and infrastructure development are propelling the growth of the UAE energy-efficient windows market. This growth also raises demand for efficient HVAC (heat, ventilation, and air conditioning) systems. Because of the growing incorporation of innovative technologies, such as artificial intelligence (AI) and Internet of Things (IoT) into windows, the market for energy-efficient windows in the UAE is expected to witness profitable growth during the period in analysis.

UAE Energy-Efficient Windows Market – Overview

Energy-efficient windows are engineered to stop warm or cooled air from exiting house. It prevents the HVAC systems from working harder than necessary. Lower electricity costs and more constant temperatures throughout the year are the advantages. Energy-efficient glass lessens heat loss via windows and results in fewer draughts and cold spots. These windows not only keep the heat inside but also shield the house from outside noise. Condensation buildup on the interior of windows is decreased by the energy-efficient glass.

UAE Energy-Efficient Windows Market – By End Use

Based on end use, the UAE energy-efficient windows market is segmented into non-residential and residential. The non-residential segment has a higher share of the UAE energy-efficient windows market. The UAE Government is significantly investing in the construction industry for economic diversification and boosting tourism. Cities, such as Abu Dhabi and Dubai, continue to get more than 16 million tourists each year, because of the cities' extravagant monuments and cutting-edge high-rises. As a result, the demand for energy-efficient windows is also gaining traction in the country.

Impact of COVID-19 on the UAE Energy-Efficient Windows Market

The COVID-19 pandemic affected the growth of the UAE energy-efficient window market. The rise in COVID-19 cases prompted the UAE government to impose a lockdown, which resulted in the immediate suspension of construction activities in the country. Renovation activity dropped dramatically as a result of consumers' decreased purchasing power. The demand for energy-efficient windows dramatically decreased by these factors. The government's decision to shift its investment focus from infrastructure to the healthcare sector also had a negative influence on the market. However, the market is anticipated to gain traction during the forecast period as construction activities resume.

Competitive Landscape

Major players operating in the UAE energy-efficient windows market include Saint-Gobain S.A. (France), Asahi Glass Co. Ltd. (Japan), Nippon Sheet Glass Co. Ltd. (Japan), Central Glass Co. Ltd. (Japan), Masco Corporation (U.S.), and Builders First Source Inc. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the UAE Energy-Efficient Windows Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the UAE Energy-Efficient Windows Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.