Automotive Ducts Market is Forecasted to Reach US$ 1669.2 million in 2030, Says Stratview Research

The global automotive ducts market is projected to witness a growth rate of 2.5% annually from 2024 to 2030, with an anticipated size of US$ 1669.2 million by 2030, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global automotive 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:
https://www.stratviewresearch.com/Request-Sample/307/Automotive-Ducts-Market.html#form

Report Highlights:
Market Size in 2030: US$ 1669.2 million
Growth (CAGR): 2.5% during 2024-2030
Forecast Period: 2024-2030
Trend Period: 2018-2022
Base Year: 2023
Number of Segments Covered: 6
Number of Tables & Graphs: 100+

Segment Insights on the Automotive Ducts Market:
The global automotive ducts market is segmented based on vehicle type, application type, manufacturing process type, material type, pressure type, and region.

Based on vehicle type - The automotive ducts market is segmented into LV and M&HCV. LV is expected to remain the demand generator of the market, during the forecast period. LV (light vehicle) includes passenger cars and LCV (light commercial vehicles). Increasing motorization rate and reasonably higher production of passenger cars and LCVs are the key factors behind its dominance. Other factors include rising demand for cabin comfort and air quality, stringent regulation requirements for fuel efficiency and emissions, and advancements in technology for duct materials.

Based on the application type - The market is segmented into; HVAC ducts, under-the-hood ducts, and others. HVAC duct is likely to hold the dominant position of the market during the forecast period. HVAC ducts are largely made with plastics (polypropylene or polyethylene plastics). The instrument panel duct is the biggest application of ducts in an automobile, which is located in the HVAC area. Other major HVAC ducts generating a noticeable demand are roof ducts, console ducts, and pillar ducts.

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

Based on the material type - The market is segmented 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, flexibility in design, resistance to corrosion, and thermal and acoustic insulation.

Based on the 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 mostly used in under-the-hood application areas.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/307/Automotive-Ducts-Market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific is expected to be the dominant region, and North America is likely to remain the second-dominant position in the market during the forecast period. This growth outlook is majorly attributed to the following-
- Asia-Pacific is estimated to maintain its unassailable lead in the global market with China being the engine's propeller. The regional dominance is due to the high production of passenger cars and LCVs to meet the rising indigenous demand and increasing vehicle exports.
- The region is the largest SUV producer with China being the leading country, which further elevates the demand for HVAC ducts in the region.
- Europe and North America are also projected to generate sizeable demand for automotive ducts during the forecast period. Germany, France, and Russia are known for their advanced technologies in the automotive industry.

Automotive Ducts Market Drivers:

Some of the key drivers listed in the report are given below.
- The growth of the automotive ducts market are growing vehicle production supported by an increase in disposable income, an increase in motorization rate, increasing penetration of SUVs in overall vehicle production, and stringent regulations regarding carbon emission reductions and fuel efficiency enhancements in major markets.
- Automakers are increasingly incorporating advanced lightweight parts or systems to address stringent government regulations.
- Such a trend is also imprinting a great impact on ducts as automakers are demanding lightweight yet durable ducts.
- Both, reinforced and non-reinforced plastics, are the perennial choices of tier players for the development of lightweight automotive ducts.

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

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Automotive 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

400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America

Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com

Call Us: +13133074176

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

This release was published on openPR.