Electric Vehicle (EV) Ducts Market is Forecasted to Reach US$ 1,180.9 million in 2030, Says Stratview Research

The global Electric Vehicle (EV) Ducts Market is projected to witness a growth rate of 13.4% annually from 2024 to 2030, with an anticipated size of US$ 1,180.9 million in 2030, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global Electric Vehicle (EV) Ducts Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
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Report Highlights:
Market Size in 2030: US$ 1,180.9 million
Growth (CAGR): 13.4% during 2024-2030
Forecast Period: 2024-2030
Trend Period: 2018-2022
Base Year: 2023
Number of Segments Covered: 7
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Electric Vehicle (EV) Ducts Market:
The global Electric Vehicle (EV) Ducts Market is segmented vehicle type, application type, manufacturing process type, material type, pressure type, powertrain type and region

Based on vehicle type: The automotive ducts market is segmented into LV and M&HCV based on vehicle type. LV is expected to remain the market's demand generator during the forecast period. LV (light vehicle) includes passenger cars and LCV (light commercial vehicles). The higher production volume of passenger cars and LCVs (light commercial vehicles) and the growing adoption of EVs are the key factors in the LV segment's dominance. Other factors include rising demand for cabin comfort and air quality, stringent regulation requirements for fuel efficiency and emissions, advancements in technology for duct material, and the requirement of advanced ducts for cooling batteries, motors, and power electronics.

Based on application type: The market is segmented by application type into HVAC ducts, under-the-hood ducts, battery management ducts, and others. HVAC duct is likely to hold the dominant market position during the forecast period. The significant applications of ducts in EVs include battery management, thermal management for motors and inverters, and cabin air management (HVAC ducts). HVAC ducts are primarily made with plastics (polypropylene or polyethylene plastics). The instrument panel duct is the most significant application of ducts in an automobile in the HVAC area. Other major HVAC ducts generating a noticeable demand are roof ducts, console ducts, and pillar ducts.

Based on manufacturing process type: The market is segmented by manufacturing process type into blow molding, injection molding, thermoforming, and others. Blow molding is expected to remain the most dominant manufacturing process of the market during the forecast period. Blow molding is the most economical process for producing plastic ducts. The equipment cost is lower, and the manufacturing cost per duct is lower than that of ducts manufactured through other processes (thermoforming and rotational molding).

Based on material type: The market is segmented by material type into plastic ducts, foam ducts, and others. Plastic duct is likely to be the most preferred material of the market during the forecast period. Key plastics used to make ducts with or without reinforcements are Polyamide (PA), high-density polyethylene (HDPE), low-density polyethylene (LDPE), polypropylene (PP), and polyphenylene sulfide (PPS). Foam ducts are likely to remain the second-largest segment by 2030. The demand for plastic ducts is growing due to their weight reduction, cost-effective production, design flexibility, corrosion resistance, and thermal and acoustic insulation.

Based on pressure type: Based on pressure type, the market is segmented into low-pressure ducts and high-pressure ducts. Low-pressure ducts are likely to hold the dominant position in the market during the forecast period. Low-pressure ducts include HVAC ducts, such as instrumental panel ducts, console ducts, roof ducts, and pillar ducts; and some under-the-hood ducts, such as clean air ducts and dirty air ducts; and ducts covered under the others segment, such as radio cooling duct and brake ducts. High-pressure ducts are majorly used in under-the-hood application areas.

Based on powertrain type: Based on powertrain type, the market is segmented into BEV and hybrid. Hybrid vehicle is expected to remain the dominant segment of the market during the forecast period. Key factors for the dominance of hybrid vehicles include higher production of hybrid vehicles in total EV production, requirement of more complex duct systems for thermal management, government incentives and policies, and affordability and consumer preference.

To know the most attractive segments, click here for a free sample of the report:
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Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis Asia-Pacific is expected to be the dominant region, and Europe is likely to remain the second-dominant position in the market during the forecast period. This growth outlook is majorly attributed to the following-
• The EV ducts market is segmented by region into North America, Europe, Asia-Pacific, and The Rest of the World.
• Regarding region, Asia-Pacific is estimated to maintain its unassailable lead in the market, with China being the engine's propeller. The regional dominance is due to the high production and adoption of passenger cars and LCVs, particularly in China, Japan, and South Korea, the presence of key EV manufacturers (such as BYD, NIO, Toyota, and Hyundai), government incentives and policies, and massive investment in EV infrastructure in the region.
• Europe and North America are also projected to generate sizeable demand for EV ducts during the forecast period. Germany, France, and The UK are known for their advanced technologies in the EV.

Electric Vehicle (EV) Ducts Market Drivers:
The Electric Vehicle (EV) Ducts Market is driven by several key factors, including:
• Increasing development of 3D-printed ducts.
• Increasing focus on developing ducts with single-material construction.
• Development of ducts with higher temperature resistance, such as PPS or PA46 ducts.

Top 10 Companies in the Electric Vehicle (EV) Ducts Market:
Stratview Research has identified the following companies as the top market players:
• ABC Group Inc.
• Hutchinson
• MANN+HUMMEL Group
• Continental AG
• MAHLE GmbH
• ElringKlinger AG
• Awkel Automotive

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Electric Vehicle (EV) Ducts Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

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