Glass Skylight Market Size, Share, Growth, and Industry Analysis, By Type (Fixed, Manual and Electric), By Application (Residential and Commercial) and Regional Forecast to 2032

GLASS SKYLIGHT MARKET REPORT OVERVIEW

The global glass skylight market size was USD 1.63 billion in 2023 and the market is projected to touch USD 2.46 billion by 2032, exhibiting a CAGR of 4.1% during the forecast period.

Skylights are architectural windows that are placed on roofs or ceilings to provide natural light inside buildings for aesthetic and practical purposes. Available in polar, tempered and laminated skylights are specially made to brave the harsh weather conditions and display flexibility in terms of style. While a fixed skylight does not move to allow a continuous supply of light, there is a vented skylight that can be opened to allow fresh air in. Tubular skylights are rated in size as being smaller in size compared to other models hence suitable for cases where larger models cannot fit. Since they admit natural light indoors, the installation of skylights can change the lighting of a building, making it appear cosier.

Apart from the aesthetic value, glass skylights are considered to be one of the best when it comes to energy efficiency. They can significantly decrease the demand for energy by making optimal use of natural light and therefore reduce the demand for artificial lighting and control indoor temperatures. This can lower heating and cooling costs and help to minimise energy consumption and thus carbon emissions. Also, skylights are made in various forms which encompass square, rectangle, circle and pyramid types depending on the structure of the building. Apart from energy efficiency, natural light through skylights creates a better mood, increases productivity and even has physical health significance, making them suitable for all buildings.

COVID-19 Impact: Pandemic caused significant construction delays which restrained the market

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

In the early stages of the COVID pandemic, many cities implemented strict lockdown measures which harmed construction activity and thus harmed the glass skylight market. Many construction activities were either stopped or slowed down significantly, thereby reducing the market for skylights, which are usually fit during construction or when undertaking a remodelling exercise. The construction sector slowed down its operation in terms of activities and thereby skylight demands also declined which hampered market growth. When the constructions and renovations became fewer, the skylight industry posed a problem, the manufacturers and suppliers reported lower demands and reduced sales during this period.

LATEST TRENDS

"Rising adoption of energy-efficient and green building concepts is fueling the market"

The increasing shift towards more sustainable practices is putting pressure on incorporating glass skylights into energy-efficient designs. Since buildings have been attributed to a large part of the greenhouse gas emissions, integrating skylights is now seen as a way to cut energy usage. Skylights directly contribute to reducing the usage of artificial lighting and heating systems resulting in the economical consumption of energy hence where the carbon emission rate is concerned skylights play a key role. This trend goes hand-in-hand with the growing global concern for environmental conservation and sustainability in construction and architecture to reduce energy consumption and improve indoor air quality, as exemplified by skylights. Therefore, the market for glass skylights is also probably to grow in the future with the increasing focus of architects and developers on making their buildings and structures environment-friendly.

GLASS SKYLIGHT MARKET SEGMENTATION

By Type

Based on type the global market can be categorized into Fixed, Manual and Electric.

• Fixed: Fixed glass skylights are stationary units that provide consistent daylight without ventilation. Ideal for high ceilings or non-ventilated areas, they come in various shapes and sizes, enhancing design and aesthetics. Easier to install and maintain they are popular for their leak-resistant, weather-resistant qualities and minimal upkeep.
• Manual: Manual glass skylights are hand-operated, offering controlled ventilation ideal for kitchens and bathrooms where moisture control is crucial. Available in hinged or sliding designs, they provide flexibility but may need more maintenance and accessibility considerations. Though less convenient than electric skylights, they remain a practical option for ventilation.
• Electric: Electric glass skylights offer remote operation and convenience, ideal for hard-to-reach areas. With automated mechanisms and integrated sensors, they adjust based on environmental conditions, optimizing light and ventilation. Though more expensive than manual options their advanced features and energy-saving benefits make them a smart choice for modern homes.

By Application

Based on application the global market can be categorized into Residential and Commercial.

• Residential: In the residential buildings, the glassed ceilings provide for increased lighting besides making the rooms more welcoming. Used for kitchens, bathrooms and living rooms, they are aesthetically appealing, give the perception of increased space and control humidity by enhancing ventilation. They also help to save energy since they reduce the time of having to use artificial lighting and also improve the quality of air in the indoor space.
• Commercial: In commercial structures, glass skylights improve the working environment as they provide sufficient light in the working space hence increasing productivity and reducing energy expenses. With applications in offices, retail spaces and educational facilities, they enable occupants to engage with the environment, enhance health and provide flexibility for designers. Skylights also have another added value of increasing the beauty of a building as well as the level of demand for such a building.

DRIVING FACTORS

"Rising in the number of residential construction projects to enhance the market"

The increasing popularity of the construction of residential buildings, and especially the renovation as well as replacement projects are the main factors catalyzing the global glass skylight market growth. People are more and more willing to include skylights in the design of their houses as they are interested in making the atmosphere at home more natural and attractive. With the increase in the frequency of construction of additional rooms and modification of apartments to enhance the comfort and functionality of residential spaces, most people are leaning towards the use of skylights. Apart from increasing the level of beauty and increasing the openness of spaces they also have practical applications, for example, insulating properties, higher energy efficiency and better indoor air quality. This growing demand for natural light in homes is in line with overall trends toward environmentally friendly and healthy homes and this will only lead to increased usage of glass skylights in residential structures.

"Development of integrated sensors and networking features to boost the market"

New smart glass skylights with additional in-built sensors and networking options are also becoming innovative means of regulating and controlling ventilation and natural lighting for companies and houses. These smart variants are equipped to shift their orientation and functionality depending on the current and real-time environmental conditions such as light conditions, climate and many more as well as from the users’ side. This automation improves the control of natural lighting and the natural flow of fresh air indoors, thus increasing comfort while decreasing energy use. Smart skylights can be easily connected with building management systems or smart home networks to provide an elegant solution to modern architecture. The flexibility to adapt to the current environmental conditions and users’ input is key to market growth since they offer better control and ease in natural lighting and air conditions.

RESTRAINING FACTORS

"High installation costs and high maintenance costs are major challenges for the market"

The major limitation that affects the glass skylight market is the high costs attributed to installation and maintenance. The cost of installing a glass skylight is high since the work generally entails the use of skilled human resources and detailed engineering to ensure the new addition fits well with the rest of the structure. Also, the work of installing skylights can necessitate roof or ceiling alterations, which can be costly. Another factor is maintenance, which is crucial for skylights, especially for those that are operable and or equipped with advanced technologies, there is always the need to check their functioning and ensure that they do not leak. This comprises washing, inspecting gaskets and fixing any mechanical problems that the container may be experiencing. These aspects lead to higher costs of owning and utilizing glass skylights, which may discourage certain consumers and affect market development.

GLASS SKYLIGHT MARKET REGIONAL INSIGHTS

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

"Europe is leading in the market due to a rising number of retrofit and renovation activities"

Europe has become the leading region in the global glass skylight market share due to the rising demand for retrofit and renovation projects and with an increased government commitment towards green buildings. With modern building owners and managers placing more emphasis on the energy efficiency of the new buildings and more so on the existing ones, there is increasing demand for natural light such as from skylights for the necessary reduction of artificial lighting. Governments in Europe are also encouraging this trend through policies and incentives aimed at encouraging green construction as well as energy retrofitting. Furthermore, the focus on sustainability and minimizing carbon emissions also caters well to the attractiveness and practicality of skylights. High renovation activity, favourable policies and a focus on environmental sustainability are key drivers contributing to the market in Europe.

KEY INDUSTRY PLAYERS

"Key industry players are entering into strategic partnerships and collaboration for market development"

Key industry players in the glass skylight market are aiming to expand sales and distribution channels by partnering with construction firms, architects and technology suppliers. These partnerships help to combine advanced technologies into skylight solutions, for example, smart glass with control buttons and energy-saving functions, thus attracting more consumers and builders. Skylight manufacturers on the other hand gain the most from this option since they can market their products directly to the construction firms which can easily incorporate them in construction projects as well as in remodeling. Architect collaborations assist in identifying, creating and developing unique and visually appealing skylight solutions per the architectural requirements. Moreover, cooperation with technology partners makes implementing innovative solutions possible, increasing both usability and desirability. By focusing on these expansion objectives, this strategy achieves market development and fosters innovations of new and improved glass skylight products and services.

List of Market Players Profiled

• Velux (Denmark) 
• VELUX Commercial (Denmark)
• Fakro (Poland) 
• Wasco Skylights (U.S.) 
• Solar Innovations (U.S.) 
• Skyline Skylights (U.S.)

INDUSTRIAL DEVELOPMENT

April 2024: ClearVue Technologies with Martin Deil as the CEO develops and manufactures solar glass doors, it provides a fully transparent large format solar glass for windows, skylights, greenhouses and façades. The ClearVue solar glass produces electricity by using ultraviolet light and infrared light. It blends beauty and efficiency into one product. The company has established several distribution agreements, which have formed the basis of its growth and commercialization strategies worldwide.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.