HVAC Air Duct Market Report (COVID-19 Analysis) by Worldwide Market Trends & Opportunities and Forecast to 2028

According to our latest market study on "HVAC Air Duct Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Product Type, Application, and Geography," the market is expected to grow from US$ 13,213.7 million in 2021 to US$ 17,502.6 million by 2028; it is estimated to grow at a CAGR of 4.1% from 2021 to 2028.

The global HVAC air ducts market is segmented into five major regions- North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America. In 2020, Asia Pacific led the market with a substantial revenue share, followed by Europe and North America. Green buildings offer many economic or financial benefits, which are relevant to a range of different people or groups of people. The building sector has the largest potential to significantly reduce greenhouse gas emissions than other major emitting sectors. The emissions savings potential is said to be as much as 84 gigatonnes of CO2 (GtCO2) by 2050, through direct measures in buildings such as energy efficiency, fuel switching, and the use of renewable energy. Over the past few years, the world has been continuously witnessing growth in the number of green buildings across sectors such as residential, commercial, and industrial buildings. For example, Green buildings achieving the Green Star certification in Australia produce 62% less greenhouse gas emissions than average Australian buildings. Green buildings certified by the Indian Green Building Council (IGBC) save 40-50% energy and 20-30% water, compared to conventional buildings in India. Green buildings achieving the Green Star certification in South Africa save 30-40% energy, and save 20-30% potable water every year, when compared to the industry norm. Moreover, according to a US Green Building Council (USGBC) report, the count of green buildings [LEED (Leadership in Energy and Environmental Design)-certified] surpassed 400,000 units in the US.

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HVAC Air Duct Market - Company Profiles

TIN MAN SHEET METAL FABRICATION, LLC
Hennemuth Metal Fabricators
Waves Aircon Pvt. Ltd.
DuctSox
Lindab
TurnKey Duct Systems
M&M Manufacturing
SetDuct
US Duct
V.K. STEEL

The latest research report on the "HVAC Air Duct Market - Industry Analysis, Market Size, Opportunities and Forecast, 2022 - 2028" provides a comprehensive assessment of the HVAC Air Duct market for the forecast period from 2022 to 2028. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in the HVAC Air Duct market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on the HVAC Air Duct Market in order to help decision makers with various strategic insights and future outlook. The HVAC Air Duct market is expected to witness continued growth during the forecast period from 2022 to 2028.

This is a professional and in-depth study on the current state of the HVAC Air Duct Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. HVAC Air Duct Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.

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The COVID-19 pandemic has been affecting most of the businesses across the globe. The continuous growth in the count of virus-infected patients compelled government authorities of various countries to restrict the movements of humans, goods, and commodities by imposing travel restrictions, mass lockdowns, and business shutdowns. Imposition of lockdown has resulted in lesser production of commodities and goods, and lowered the frequency of service offerings. Manufacturing, automotive, semiconductor & electronics, oil & gas, aviation, mining, and other industries have witnessed a notable decline in their revenues due to the temporary shutdown of operations. In the first quarter of 2020, after the imposition of nationwide lockdown in most of the nations, many industrial sectors came to a standstill. HVAC air duct is extensively used in laboratories and in various industries such as pharmaceutical, food, electronic & semiconductors, and manufacturing industry. Demand for HVAC air duct at various small & medium enterprises was also affected negatively. However, after the situation comes to normalcy, the HVAC air ducts market is expected to grow remarkably across the world during the forecast period.

The report segments the global HVAC Air Duct Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global HVAC Air Duct Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.

The report focuses on global major leading HVAC Air Duct Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.

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Reasons to Buy
• Highlights key business priorities to assist companies realign their business strategies.
• Features key findings and crucial progressive industry trends in the global HVAC Air Duct market, thereby allowing players to develop effective long-term strategies.
• Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
• Scrutinizes in-depth market trends as well as key market drivers and restraints.
• Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

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