Global HVAC Air Ducts Market to Acquire Steady Growth with a CAGR of 5.25% during 2017-2021

Albany, New York, February 24, 2017: From several years, the demand for HVAC (Heating, Ventilation and Air Conditioning) equipment’s has been accelerated among consumers. Most importantly, HVAC systems are necessary to keep indoor spaces warm, cool and full of high-quality and clean air. In order to have an effective system, a quality HVAC air ducts is a crucial part. According to a recent study, which has been added to the huge database of Market Research Hub (MRH), new constructions in the residential, commercial and industrial sectors have augmented the demand for HVAC systems, cumulating into demand for HVAC air ducts. The research study majorly focuses on the global market, therefore titled as “Global HVAC Air Ducts Market 2017-2021” and provides an in-depth analysis of the market covering its current scenario and growth prospects.

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As per the research estimations, the market is growing rapidly due to various market drivers and trends which are described in the report. By looking to the major factors, researchers have forecasted the global HVAC air duct market to grow at a CAGR of 5.25% during the period 2017-2021.

Air ducts are passages, used in HVAC to distribute & ventilate air. Moreover, a dirty air duct contributes to poor internal air quality and affects the healthiness of people in the premises. Therefore, air duct cleaning is an essential method to keep the heating & air conditioning equipment running efficiently. Today, with the growing need for energy conservation, the demand for HVAC air ducts is rising as it serves as a thermal obstruction between the outdoor ambient temperature & the indoor control temperature of the building. Consequently, government agencies and building owners across the globe are increasingly adopting advanced HVAC air ducts to optimize energy consumption.

In the next section, the report segments the market on the basis of the material type which further classified into:

Flexible non-metallic ducts
Sheet metal ducts
Fiberglass duct boards

Geographically, the report segments the market into following key regions including Americas, APAC and EMEA and analyzed that the growth of the construction industry plays a significant role in boosting the global HVAC air ducts market. In terms of geography, APAC is expected to dominate the market during the forecast period of 2017-21. Moving further, an important section covering the market dynamics (including drivers, challenges and trends) has been represented. Current market trends highlighted in the report are;

Efficient HVAC duct sealing
Increased green construction spending
Rising use of fabric and insulated ducts

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At present, the key vendors in the global HVAC air ducts market are as follows:

CMS Global
DuctSox
Lindab

Some other prominent vendors available in the market Airmake Cooling Systems, Ductmann Spiral Tube and Fittings, SheetMetal Fabricated Products (SFP), Waves Aircon, Western Airducts India, KAD Air Conditioning, ZEN Industries etc.

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This release was published on openPR.