Press release
Air Duct Market Share and Opportunities To Reach $22.7 Billion by 2031
Air duct system consists of a path for conditioned air to be cooled or heated by the ventilation, heating, and air conditioning (HVAC) system. The air duct system consists of various components such as smoke and fire dampers, vibration isolators, volume control dampers, chimney collars & heads, baffles, termination units, plenums, and air diffusers. The material used in air ducts can be aluminum, galvanized steel, metallic, non-metallic, and others depending on the requirement. In addition, the shape of the air duct can be oval, rectangular, or round.According o AMR, The air duct market size was valued at $13.9 billion in 2021, and is estimated to reach $22.7 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031.
The report also highlights the qualitative aspects in the study. Additionally, the unit takes in the key findings, in terms of market overview and investment prospects. The market report also involves the competitive landscape containing the profiles of top ten major players in the industry. The frontrunners have been thoroughly assessed based on their revenue size, service/product portfolio, regional presence, key plans & policies, and overall contribution to the growth of the market.
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Major Key Players of the Air Duct Market are:
Aldes Group, Belimo Holding AG, Breffni Air Ltd, Carrier Global Corporation, Centuri Mechanical Systems, Danfoss, DMI Companies, Fabric Air, Hennemuth Metal Fabricators, Honeywell International Inc., Imperia Manufacturing Group, Pinnacle ductwork, Schneider Electric, Siemens AG, Thermaduct, Thermaflex, Zinger Sheet Metal Co
Increase in health issues associated with deteriorating indoor air quality and rise in environmental concerns are some of the factors contributing significantly to the increased demand for air ducts in buildings. Furthermore, surge in infrastructure development and green building initiatives by various developing and industrialized nations around the world are anticipated to boost the air duct market opportunity.
The global Air Duct report offers quantitative and qualitative analysis of the market from 2021 to 2031. The qualitative study emphasizes on the value chain analysis, pain point analysis, and key regulations.
• Value chain analysis: AMR offers a complete analysis of all the stages along with the key stakeholders functioning in every stage with their strategic decisions on board.
• Key regulations: Allied Market Research provides key regulations and standards for the Air Duct Market. The section also presents some of the regulatory documents of the product type.
• Pain point analysis: The report also offers insights on the key challenges faced by the stakeholders in the industry. The strategic decisions adopted by the market players to maintain their foothold in the market are also discussed through the report.
COVID-19 Impact Analysis on the global Air Duct:
The outbreak of the pandemic has had a huge impact across the globe, which impeded the socio-economic development. Therefore, the Air Duct Market report doles out a micro- and macro-economic assessment of the industry throughout the pandemic. The study further provides a qualitative breakdown of the impact of Covid-19 on the market.
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Key Market Segments -
By Material -
Non-metallic
Metallic
Installation type -
New installation
Retrofits
End-user industry -
Residential
Commercial
Industrial
The report provides a study of the past and current market trends and evaluates the future opportunities. The Air Duct market study focuses on the market trends and upcoming opportunities that help understand the driving factors of the market. In addition, the report offers granular, robust, and qualitative data.
The report includes a brief summary of the market along with a SWOT analysis of the major market players and their financial analysis. The report covers a business overview and portfolio analysis of services that major companies offer. The study analyzes the recent market developments such as expansion, joint ventures, and product launches. Moreover, the study aids new business entrants and stakeholders to understand the long-term profitability of the market.
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Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Air Duct Market Size
2.2 Air Duct Market Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Air Duct Market Size by Manufacturers
3.2 Air Duct Market Key Players Head office and Area Served
3.3 Key Players Air Duct Market Product/Solution/Service
3.4 Date of Enter into Air Duct
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Air Duct Market Sales by Product
4.2 Global Air Duct Market Revenue by Product
4.3 Air Duct Market Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Air Duct Market Breakdown Data by End User
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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