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At a compound annual growth rate (CAGR) of 4.57% between 2023 and 2030, the air duct market is expected to increase from its 2023 valuation of $4.59B to reach $6.08B.
Growth in the global Air Duct Market is being driven by factors such as rising consumer spending on new construction as a means of providing better ventilation. The global demand for air ducts has increased, and this trend is expected to continue during the projection period, in part because of rising investments in infrastructure in emerging economies. The study, entitled "Global Air Duct Market," is a comprehensive analysis of the market. The research provides a thorough examination of the market's most important subsegments, trends, drivers, restraints, competitive landscape, and other variables.
Demand for air duct in the residential and commercial construction industries is likely to benefit from rising consumer awareness of the importance of energy efficiency, reduced energy consumption, and enhanced thermal comfort. As an added bonus, galvanized steel air ducts can withstand temperatures much above normal. Typical uses for aluminum ducts include light-duty applications and kitchen chimney ventilation. The air duct market is predicted to develop as a result of the rising demand for air ducts composed of materials like fiberglass and polymers, which offer better insulation and flexibility. A major issue holding back expansion in the worldwide air duct market is, however, the rising popularity of ductless systems.
Demand for better designed and enhanced goods in the air duct market has been stoked by the proliferation of strict environmental and energy efficiency standards imposed on the worldwide building sector by various governments and international organizations. The worldwide air duct market is anticipated to benefit from the rising interest in green building and environmentally friendly construction among consumers.
Like many other markets, the global emphasis on increasing sustainability and improving energy efficiency has a significant impact on the global and European air duct market. Energy-efficient HVAC systems are in high demand in a variety of sectors, including commercial and residential buildings. This is a result of the increased understanding and awareness of the environmental impact these items have, together with increasing energy costs. With sustainability as a global priority, factories are working to lower their carbon footprints and meet increasingly strict energy standards. Therefore, modern air duct systems are built to minimize heat loss, maximize airflow, and enhance the efficiency of the whole setup.
The air duct market's supply chain is vulnerable to disruption from a number of potential sources. These setbacks are a constant drag on the expansion of the air duct industry. Production delays might occur if businesses are unable to order necessary supplies in a timely manner due to disruptions like these. As a result, this causes an increase in the price of goods and services on the market. Unpredictable events like trade disputes, natural disasters, and worldwide pandemics are all potential sources of such disruptions. A strong and diverse supply chain that can withstand the brunt of these challenges without collapsing is essential if manufacturers are to nip this problem in the bud and ensure smooth running overall.
The development of HVAC technology has made it possible to provide ventilation solutions that are both cost-effective and environmentally friendly in a variety of settings. Supporting the environment and bolstering sustainability initiatives are new technology like geothermal heat pumps, Smart thermostats, sustainable retrofit, and others. Connectivity with worldwide networks is increased in these smart HVAC systems, allowing for improved management, visibility, and data collecting. Other advantages of these technologies include lower operational expenses and lower energy use. The American Council for an Energy-Efficient Economy (ACEEE) has found that smart building technology can reduce energy use by as much as 18% in workplaces, 15% in retail establishments, 18% in hotels, and 28% in healthcare facilities.
Green construction efforts, smart factories, industrial automation technologies, and others are all making tremendous strides. Green construction efforts, smart factories, industrial automation technologies, and others are all making tremendous strides. In such a circumstance, the integration of a smart HVAC system is crucial as the heating, ventilation, and conditioning system runs automatically and in the needed proportion. As a result, the increasing adoption of intelligent HVAC systems is fueling the expansion of the market.
Report Coverage
Global Air Duct research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Air Duct report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Air Duct competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Air Duct market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Air Duct market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Air Duct market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Pinnacle ductwork, Honeywell International Inc., Centuri Mechanical Systems, Breffni Air Ltd, Fabric Air, Thermaduct, Hennemuth Metal Fabricators, Imperia Manufacturing Group, Zinger Sheet Metal Co, Siemens AG, Aldes Group, Schneider Electric, DMI Companies, Carrier Global Corporation, Belimo Holding AG, Danfoss, Thermaflex, Systemair AB (Sweden), Domus (Genuit Group) (UK), TROX GmbH (Germany), Airflow Developments Limited (UK), Camfil Group (Sweden), FabricAir (Denmark), ROKAFLEX (Germany), Maschinen- und Apparatebau Hagen GmbH (Germany), Aermec (UK), Verplas Limited (Indutrade) (UK), BerlinerLuft. International (Germany), HAS-Vent Ltd. (England), Nordfab (Denmark), ISOVER (SAINT-GOBAIN) (France), Rega Ventilation (England), Swegon Group (Sweden), Kingspan Group (Ireland), Air Spiralo Group (Netherlands), Lindab (Sweden).
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Air Duct market based on the below-mentioned segments:
Global Air Duct Market, By Installation Type
New installation
Retrofits
Global Air Duct market, By Material
Non-metallic
Metallic
Global Air Duct Market, By End User
Residential
Commercial
Industrial
Global Air Duct market, Regional Analysis
Growth in the global Air Duct Market is being driven by factors such as rising consumer spending on new construction as a means of providing better ventilation. The global demand for air ducts has increased, and this trend is expected to continue during the projection period, in part because of rising investments in infrastructure in emerging economies. The study, entitled "Global Air Duct Market," is a comprehensive analysis of the market. The research provides a thorough examination of the market's most important subsegments, trends, drivers, restraints, competitive landscape, and other variables.
Demand for air duct in the residential and commercial construction industries is likely to benefit from rising consumer awareness of the importance of energy efficiency, reduced energy consumption, and enhanced thermal comfort. As an added bonus, galvanized steel air ducts can withstand temperatures much above normal. Typical uses for aluminum ducts include light-duty applications and kitchen chimney ventilation. The air duct market is predicted to develop as a result of the rising demand for air ducts composed of materials like fiberglass and polymers, which offer better insulation and flexibility. A major issue holding back expansion in the worldwide air duct market is, however, the rising popularity of ductless systems.
Demand for better designed and enhanced goods in the air duct market has been stoked by the proliferation of strict environmental and energy efficiency standards imposed on the worldwide building sector by various governments and international organizations. The worldwide air duct market is anticipated to benefit from the rising interest in green building and environmentally friendly construction among consumers.
Like many other markets, the global emphasis on increasing sustainability and improving energy efficiency has a significant impact on the global and European air duct market. Energy-efficient HVAC systems are in high demand in a variety of sectors, including commercial and residential buildings. This is a result of the increased understanding and awareness of the environmental impact these items have, together with increasing energy costs. With sustainability as a global priority, factories are working to lower their carbon footprints and meet increasingly strict energy standards. Therefore, modern air duct systems are built to minimize heat loss, maximize airflow, and enhance the efficiency of the whole setup.
The air duct market's supply chain is vulnerable to disruption from a number of potential sources. These setbacks are a constant drag on the expansion of the air duct industry. Production delays might occur if businesses are unable to order necessary supplies in a timely manner due to disruptions like these. As a result, this causes an increase in the price of goods and services on the market. Unpredictable events like trade disputes, natural disasters, and worldwide pandemics are all potential sources of such disruptions. A strong and diverse supply chain that can withstand the brunt of these challenges without collapsing is essential if manufacturers are to nip this problem in the bud and ensure smooth running overall.
The development of HVAC technology has made it possible to provide ventilation solutions that are both cost-effective and environmentally friendly in a variety of settings. Supporting the environment and bolstering sustainability initiatives are new technology like geothermal heat pumps, Smart thermostats, sustainable retrofit, and others. Connectivity with worldwide networks is increased in these smart HVAC systems, allowing for improved management, visibility, and data collecting. Other advantages of these technologies include lower operational expenses and lower energy use. The American Council for an Energy-Efficient Economy (ACEEE) has found that smart building technology can reduce energy use by as much as 18% in workplaces, 15% in retail establishments, 18% in hotels, and 28% in healthcare facilities.
Green construction efforts, smart factories, industrial automation technologies, and others are all making tremendous strides. Green construction efforts, smart factories, industrial automation technologies, and others are all making tremendous strides. In such a circumstance, the integration of a smart HVAC system is crucial as the heating, ventilation, and conditioning system runs automatically and in the needed proportion. As a result, the increasing adoption of intelligent HVAC systems is fueling the expansion of the market.
Report Coverage
Global Air Duct research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Air Duct report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Air Duct competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Air Duct market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Pinnacle ductwork, Honeywell International Inc., Centuri Mechanical Systems, Breffni Air Ltd, Fabric Air, Thermaduct, Hennemuth Metal Fabricators, Imperia Manufacturing Group, Zinger Sheet Metal Co, Siemens AG, Aldes Group, Schneider Electric, DMI Companies, Carrier Global Corporation, Belimo Holding AG, Danfoss, Thermaflex, Systemair AB (Sweden), Domus (Genuit Group) (UK), TROX GmbH (Germany), Airflow Developments Limited (UK), Camfil Group (Sweden), FabricAir (Denmark), ROKAFLEX (Germany), Maschinen- und Apparatebau Hagen GmbH (Germany), Aermec (UK), Verplas Limited (Indutrade) (UK), BerlinerLuft. International (Germany), HAS-Vent Ltd. (England), Nordfab (Denmark), ISOVER (SAINT-GOBAIN) (France), Rega Ventilation (England), Swegon Group (Sweden), Kingspan Group (Ireland), Air Spiralo Group (Netherlands), Lindab (Sweden). |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Air Duct Market from 2021 to 2030.
- Market Forecast for Air Duct Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Air Duct competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Air Duct
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Air Duct market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Air Duct market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Pinnacle ductwork, Honeywell International Inc., Centuri Mechanical Systems, Breffni Air Ltd, Fabric Air, Thermaduct, Hennemuth Metal Fabricators, Imperia Manufacturing Group, Zinger Sheet Metal Co, Siemens AG, Aldes Group, Schneider Electric, DMI Companies, Carrier Global Corporation, Belimo Holding AG, Danfoss, Thermaflex, Systemair AB (Sweden), Domus (Genuit Group) (UK), TROX GmbH (Germany), Airflow Developments Limited (UK), Camfil Group (Sweden), FabricAir (Denmark), ROKAFLEX (Germany), Maschinen- und Apparatebau Hagen GmbH (Germany), Aermec (UK), Verplas Limited (Indutrade) (UK), BerlinerLuft. International (Germany), HAS-Vent Ltd. (England), Nordfab (Denmark), ISOVER (SAINT-GOBAIN) (France), Rega Ventilation (England), Swegon Group (Sweden), Kingspan Group (Ireland), Air Spiralo Group (Netherlands), Lindab (Sweden).
Primary Target Market
- Market Players of Air Duct
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Air Duct market based on the below-mentioned segments:
Global Air Duct Market, By Installation Type
New installation
Retrofits
Global Air Duct market, By Material
Non-metallic
Metallic
Global Air Duct Market, By End User
Residential
Commercial
Industrial
Global Air Duct market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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