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The energy savings potential of skylights
Posted By: HiSky| Posted On: 2022-11-02 14:05:42
Industry Overview
The market potential for the widespread application of skylights is dramatic. Million square feet of new commercial buildings are constructed each year in the United Kingdom; it has been estimated that 46% of the total floor area is a single story, 62% of the total commercial floor area is directly under a roof and, therefore, potentially available for skylights. The amount of low-rise construction spreading in the suburbs, maybe low visibility, but it is enormous.
Some estimates suggest that daylighting can reduce electric lighting consumption by as much as 50% to 70%. A more conservative estimate is that the potential skylight energy savings for the entire class of commercial buildings average around 1/3 of total lighting energy in the daylit zone.
The energy savings potential of skylights is primarily in non-residential occupancies. Commercial and industrial occupancies are good targets for energy savings from skylights since they have high lighting power densities, extensive lighting use during daytime hours, and whole building energy consumption that is relatively insensitive to envelope thermal transmittance (U-factor). On the other hand, residential buildings are not likely to see energy savings from skylights for the opposite of all the above reasons.
Market growth and trends – The Market study aids in making sales forecasts for its products, thereby establishing harmonious adjustments between the demand and supply of its products. It helps find out the size of the Market for specific products.
The key factors driving the restraining growth of the market, and the possible growth opportunities of the market, are regulatory scenario, value chain and supply chain analysis, export and import analysis, and attractive investment proposition. Further, justification for the estimates for each segment and region will also be provided in qualitative form.
Market Segmentation
In the coming years, there is an increasing demand for roof windows in the regions of the UK that is expected to drive the market for more advanced roof windows. Growth in government budgets in the construction fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovating old technology, and increasing adoption of roof windows will drive growth.
The roof windows industry market is very concentrated as the manufacturing technology of roof windows is more mature than some high-tech equipment. And large enterprises like Velux, Fakro, Roto, etc. are well-known for the stunning performance of their roof windows and related services; the top three companies have dominated about 87% market.
The consumption volume of roof windows is related to downstream industries and the global economy. As there will always be some uncertainty in the global economy in the following years, the growth rate of the roof windows industry may not keep that fast. But it is surely forecasted that the market for roof windows is still promising.