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HVAC air duct Market size to surpass around US$ 19.3 billion by 2031

11-08-2022 11:47 AM CET | Industry, Real Estate & Construction

Press release from: Global Insight Services

HVAC air duct Market

HVAC air duct Market

Global HVAC air duct report from Global Insight Services is the single authoritative source of intelligence on HVAC air duct market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Read more about HVAC air duct market here: https://www.globalinsightservices.com/reports/hvac-air-duct-market/

The global HVAC air duct market was valued at US$ 13.2 billion in 2021 and it is anticipated to grow up to US$ 19.3 billion by 2031, at a CAGR of 3.8% during the forecast period.

An air duct system consists of a pathway for conditioned air that is, cooled or heated by the ventilation, heating, and air conditioning system (HVAC). The air duct system consists of various components such as smoke & fire dampers, vibration isolators, volume control dampers, stack boots & heads, turning vanes, terminal units, plenums, and air terminals. The air ducts are mainly classified according to their use and requirement in various industries. The material used in air ducting used according to the requirement it can be Aluminium, Galvanized Steel, Polymers, Fiberglass, and Others. In addition, the shape of the air duct can be oval, rectangular, or round shape.

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Key Players
AASTHA ENVIRO SYSTEM PVT. LTD. (India)
AIR DUCT MANUFACTURING INC (U.S.)
AIRCARE (India)
AIRCARE SYSTEM AND SOLUTION INDIA PVT LTD. (India)
Durkeesox (Wuhan)Air Dispersion System Co., LTD (China)
Kaalflex Pvt. Ltd. (India)
Kingkraft Sheetmetal (Australia)
TEXAIR (Latvia)
US Duct (U.S.)
V.K. STEEL (India)

Global HVAC Air Duct Market Segmentation
By Product Type

Sheet Metal Ducts
Flexible Non-Metallic Ducts
Fiberglass Duct Boards
Others
By Application

Residential
Commercial
Industrial

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Market Drivers and Trends
Rising inclination toward green building technology and increasing number of data centers are propelling the growth of the HVAC air duct market. Green buildings offer many economic or financial benefits, which are relevant to a range of different people or groups of people. With the rising adoption of green buildings in the country such as US, Canada, Germany, UK, China, and others, the demand for advanced HVAC systems is surging. Many residential and commercial sector architects and governments implement green buildings technology owing to its various benefits, such as greater energy efficiency, lower carbon footprints, and reduced impact on the environment. This factor is catalyzing the demand for HVAC systems, which is subsequently boosting the HVAC air ducts market growth. Moreover, the growing number of data centers across the world is propelling the demand for HVAC system and subsequently driving the HVAC air ducts market growth.

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With Global Insight Services, you receive:
• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Excel data pack included with all report purchases
• Robust and transparent research methodology

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Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700

About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm
headquartered in Delaware, US. We are committed to providing our clients
with highest quality data, analysis, and tools to meet all their market research
needs. With GIS, you can be assured of the quality of the deliverables, robust
and transparent research methodology, and superior service.

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