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Automotive Ducts Market to Reach US$ 1,825.2 million in 2023

09-06-2018 08:32 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Stratview Research

Automotive Ducts Market to Reach US$ 1,825.2 million in 2023

Automotive Ducts Market by Vehicle Type (Passenger Car, LCV, and M&HCV), by Application Type (HVAC Ducts, Under the Hood Ducts, and Others), by Material Type (Plastic Ducts, Foam Ducts, and Others), by Process Type (Blow Molding, Injection Molding, Thermoforming, and Others), by Pressure Type (Low-Pressure Ducts and High-Pressure Ducts), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023
This report, from Stratview Research, studies the ducts market in the automotive industry over the trend period 2012 to 2017 and the forecast period 2018 to 2023. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Click here to read the detailed description and TOC:
https://www.stratviewresearch.com/307/Automotive-Ducts-Market.html

The Global Automotive Ducts Market: Highlights
The global automotive ducts market is projected to reach an estimated value of US$ 1,825.2 million in 2023. This represents an attractive growth opportunity in the entire ecosystem of the market. Organic growth in the automobile production owing to rising urbanization and increasing disposable income, increasing share of SUVs in total vehicle production, and continuous replacement of traditional rubber and metal ducts with plastic ducts are some of the major factors that are proliferating the growth of ducts in the automotive industry.

The automotive ducts market is segmented based on the vehicle type as Passenger Car, LCV (Light Commercial Vehicle), and M&HCV (Medium- and Heavy-Duty Commercial Vehicle). Passenger car is expected to remain the growth engine of the automotive ducts market during the forecast period of 2018 to 2023. Increasing production of passenger cars, especially SUVs, coupled with a higher demand for lighter ducts would remain the major driver of the segment over the next five years. Hatchbacks and SUVs are likely to generate a greater demand for ducts in the passenger cars segment.

Based on the application type, the automotive ducts market is segmented as HVAC (Heating, Ventilation, and Air Conditioning) ducts, under the hood ducts, and others. The HVAC ducts segment is expected to remain the most dominant application type in the automotive ducts market during the forecast period. HVAC ducts include various large-sized ducts, such as instrument panel duct, roof ducts, console ducts, and pillar ducts.

Based on the material type, plastic ducts segment is expected to remain the most dominant material type in the automotive ducts market during the forecast period. The segment is driven by a host of factors, such as significant weight reduction, better mechanical and chemical properties, improved temperature resistance, and good acoustic property. Foam ducts are also gaining share in the market, driven by their weight reduction and excellent acoustics.

Based on the pressure type, low-pressure duct is expected to remain the largest segment of the automotive ducts market during the forecast period. All the major HVAC ducts, such as instrument panel ducts, console ducts, roof ducts, and pillar ducts, mainly come in low-pressure range. On the other hand, high-pressure ducts are largely used in under the hood applications.

In terms of region, Asia-Pacific is expected to remain the largest automotive ducts market during the forecast period of 2018 to 2023. The region is also likely to experience a healthy growth during the same period. High annual automobile production is primarily driving the demand for ducts in the region. China is expected to maintain its dominance in the Asia-Pacific’s market over the next five years. The country is also the largest global market for automotive ducts. Europe is expected to remain the second largest automotive ducts market during the same period.

The supply chain of this market comprises raw material suppliers, automotive duct manufacturers, automotive OEMs, and dealers. The key raw material suppliers of ducts include BASF SE, E. I. du Pont de Nemours and Company, Royal DSM, Lanxess AG, and LyondellBasell. The key automotive duct manufacturers are MANN+HUMMEL, Continental AG, INOAC Corporation, MAHLE GmbH, Nihon Plast Co. Ltd., Sekiso Co. Ltd., Sogefi Group, Kyoraku Co. Ltd., Trocellen GmbH, and Roechling Group. Developing lightweight automotive ducts and forming strategic alliances are the key strategies adopted by the major players to gain a competitive edge in the market.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors
The global automotive ducts market is segmented into the following categories.

Automotive Ducts Market, by Vehicle Type
• Passenger Car (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Light Commercial Vehicle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Medium- & Heavy-Duty Commercial Vehicle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Automotive Ducts Market, by Application Type

• HVAC Ducts (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Under the Hood Ducts (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Automotive Ducts Market, by Material Type
• Plastic Ducts (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Foam Ducts (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Other Ducts (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Automotive Ducts Market, by Process Type
• Blow Molding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Injection Molding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Thermoforming (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Automotive Ducts Market, by Pressure Type
• Low-Pressure Ducts (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• High-Pressure Ducts (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Automotive Ducts Market, By Region
• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Italy, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Argentina, and Others)

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.

Category: Automotive & Transportation
https://www.stratviewresearch.com/307/Automotive-Ducts-Market.html

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life

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Stratview Research
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Email :- sales@stratviewresearch.com

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