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HVAC Air Ducts Market by Material and Geography - Forecast and Analysis 2022-2026

  • Published: Sep 2022
  • Pages: 138
  • SKU: IRTNTR44618
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The HVAC air duct market share is expected to increase by USD 1.54 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.29%.

This HVAC air ducts market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the HVAC air ducts market segmentation by material (steel metal ducts, flexible and non-metallic ducts, and fiberglass duct boards) and geography (APAC, Europe, North America, the Middle East, Africa, and South America). The HVAC air ducts market report also offers information on several market vendors, including Airmake Cooling Systems, Airtrace Sheet Metal Ltd., Alan Manufacturing Inc., CMS Group of Companies, DuctSox Corp., FabricAir AS, Imperial Manufacturing Group, KAD Airconditioning LLC, Lindab AB, M and M Manufacturing Co., Masterduct Inc., Naudens Sheet Metal Manufacturers, Saudi Akhwan Ducting Factory Co. Ltd., SFP Ltd., Texas Duct Systems LLC, Thermaflex International Holding BV, TurnKey Duct Systems, VK Steel, Waves Aircon Pvt. Ltd., and ZEN Industries Inc. among others.

What will the HVAC Air Ducts Market Size be During the Forecast Period?

HVAC Air Ducts Market Size

Download Report Sample to Unlock the HVAC Air Ducts Market Size for the Forecast Period and Other Important Statistics

 

HVAC Air Ducts Market: Key Drivers, Trends, and Challenges

The stringent energy consumption and environmental regulations are notably driving the HVAC air ducts market growth, although factors such as a lack of skilled workforce may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the HVAC air ducts industry. The holistic analysis of the drivers will help deduce end goals and refine marketing strategies to gain a competitive edge.

Key HVAC Air Ducts Market Driver

One of the key factors driving growth in the HVAC air ducts market is the stringent energy consumption and environmental regulations. Increased environmental concerns and the fast depletion of natural resources have driven developed economies to adopt strict energy and environmental regulations. The EU has set a target to reduce GHG emissions by 20% below the 1990 levels by 2020 and by 80%-90% by 2050. EU member states have the world’s highest environmental standards. This is encouraging consumers and companies to adopt energy-efficient and environment-friendly air distribution systems. Increased environmental standards have also led to the replacement of old HVAC systems in these buildings with new ones to comply with the new regulations. The EU building regulations that stipulate ventilation regulations for airtight buildings have also increased the demand for air ducts.

Key HVAC Air Ducts Market Trend

Innovative sealing solutions to prevent HVAC air duct leakages are an HVAC air ducts market share trend that is expected to have a positive impact in the coming years. To reduce leakage from air ducts, vendors are developing new sealing solutions. One such solution is Aeroseal, developed at the Lawrence Berkeley National Laboratory together with the US DOE, EPA, and sponsorship of local utility companies. The product conforms to stringent duct leakage standards in new constructions besides aiding in the repair of ventilation shafts and ducts in existing buildings. It involves a computerized process in which an aerosol mist of sealant is applied to the inside of the ducts to locate and seal all the leaks.

Key HVAC Air Ducts Market Challenge

The lack of a skilled workforce will be a major challenge for the HVAC air ducts market during the forecast period. The global HVAC systems market witnessed rapid technological advances. Such advances are increasing the need for end-users to upgrade HVAC systems, which eventually adds up the cost. Shifting from the existing HVAC systems to new and advanced systems leads to high costs. Therefore, end-users prefer upgrading the existing systems by retrofitting, which incurs a lower cost than changing the complete system. Retrofitting requires highly skilled labor with knowledge about the latest innovations and technologies in HVAC systems to comply with the rapidly improving technological advances in the global HVAC systems market and the global HVAC air ducts market. However, the global HVAC industry lacks skilled labor for installation services and maintenance. The lack of technical expertise and skilled labor in the HVAC industry is expected to challenge the global HVAC air ducts market.

This HVAC air ducts market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global heating, ventilation, and air conditioning (HVAC) air ducts market as a part of the global electrical components and equipment market within the global electrical equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the HVAC air ducts market during the forecast period.

Who are the Major HVAC Air Ducts Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Airmake Cooling Systems
  • Airtrace Sheet Metal Ltd.
  • Alan Manufacturing Inc.
  • CMS Group of Companies
  • DuctSox Corp.
  • FabricAir AS
  • Imperial Manufacturing Group
  • KAD Airconditioning LLC
  • Lindab AB
  • M and M Manufacturing Co.
  • Masterduct Inc.
  • Naudens Sheet Metal Manufacturers
  • Saudi Akhwan Ducting Factory Co. Ltd.
  • SFP Ltd.
  • Texas Duct Systems LLC
  • Thermaflex International Holding BV
  • TurnKey Duct Systems
  • VK Steel
  • Waves Aircon Pvt. Ltd.
  • ZEN Industries Inc.

 

This statistical study of the HVAC air ducts market encompasses successful business strategies deployed by the key vendors. The HVAC air ducts market is fragmented and the vendors are deploying growth strategies such as mergers and acquisitions to compete in the market.

Product Insights and News

  • Alan Manufacturing Inc. - The company offers motorized and manual damper systems for HVAC air ducts

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The HVAC air ducts market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

HVAC Air Ducts Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the HVAC air ducts market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for HVAC Air Ducts Market?

HVAC Air Ducts Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

55% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for HVAC air ducts in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The rising investments in the real estate sector will facilitate the HVAC air ducts market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The regional HVAC air ducts market witnessed certain challenges due to the outbreak of COVID-19 in 2020. The outbreak affected the economies of many countries in the region, such as China, India, South Korea, and Japan. However, the deployment of HVAC systems increased in the residential sector due to the adoption of the WFH module and thus positively impacted the regional market. Also, in February 2020, the government authorities in China released a guideline to regulate the use of air-conditioning and ventilation systems in offices and public places to contain the spread of COVID-19. 

What are the Revenue-generating Material Segments in the HVAC Air Ducts Market?

HVAC Air Ducts Market Share

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The HVAC air ducts market share growth in the steel metal ducts segment will be significant during the forecast period. The track record of sheet metal ducts in terms of effectiveness, besides its durability, is the most compelling reason that sustains and increases the segment's share of the market. The low maintenance cost associated with sheet metal ducts also contributes to its demand in the market. On the contractor's side, the preference for sheet metal ducts is growing mainly because of their ease of installation. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the HVAC air ducts market size and actionable market insights on post COVID-19 impact on each segment.

HVAC Air Ducts Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.29%

Market growth 2022-2026

$ 1.54 billion

Market structure

Fragmented

YoY growth (%)

2.12

Regional analysis

APAC, Europe, North America, Middle East, and Africa, and South America

Performing market contribution

APAC at 55%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Airmake Cooling Systems, Airtrace Sheet Metal Ltd., Alan Manufacturing Inc., CMS Group of Companies, DuctSox Corp., FabricAir AS, Imperial Manufacturing Group, KAD Airconditioning LLC, Lindab AB, M and M Manufacturing Co., Masterduct Inc., Naudens Sheet Metal Manufacturers, Saudi Akhwan Ducting Factory Co. Ltd., SFP Ltd., Texas Duct Systems LLC, Thermaflex International Holding BV, TurnKey Duct Systems, VK Steel, Waves Aircon Pvt. Ltd., and ZEN Industries Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

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What are the Key Data Covered in this HVAC Air Ducts Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive HVAC air ducts market growth during the next five years
  • Precise estimation of the HVAC air ducts market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the HVAC air ducts industry across APAC, Europe, North America, Middle East, and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of HVAC air ducts market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Material
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Historic Market Size

    • 4.1 Global HVAC air ducts market by Segment – Historic Analysis 2021 - 2026
      • Exhibit 17: Historic Market Size – Data Table on Global HVAC air ducts market by segment 2021 - 2026

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between2021 and 2026
    • 5.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 5.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 5.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 5.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 5.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 5.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

    6 Market Segmentation by Material

    • 6.1 Market segments
      • Exhibit 25: Chart on Material - Market share 2021-2026 (%)
      • Exhibit 26: Data Table on Material - Market share 2021-2026 (%)
    • 6.2 Comparison by Material
      • Exhibit 27: Chart on Comparison by Material
      • Exhibit 28: Data Table on Comparison by Material
    • 6.3 Steel metal ducts - Market size and forecast 2021-2026
      • Exhibit 29: Chart on Steel metal ducts - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Data Table on Steel metal ducts - Market size and forecast 2021-2026 ($ million)
      • Exhibit 31: Chart on Steel metal ducts - Year-over-year growth 2021-2026 (%)
      • Exhibit 32: Data Table on Steel metal ducts - Year-over-year growth 2021-2026 (%)
    • 6.4 Flexible and Non mettalic ducts - Market size and forecast 2021-2026
      • Exhibit 33: Chart on Flexible and Non mettalic ducts - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Data Table on Flexible and Non mettalic ducts - Market size and forecast 2021-2026 ($ million)
      • Exhibit 35: Chart on Flexible and Non mettalic ducts - Year-over-year growth 2021-2026 (%)
      • Exhibit 36: Data Table on Flexible and Non mettalic ducts - Year-over-year growth 2021-2026 (%)
    • 6.5 Fiberglass duct boards - Market size and forecast 2021-2026
      • Exhibit 37: Chart on Fiberglass duct boards - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Data Table on Fiberglass duct boards - Market size and forecast 2021-2026 ($ million)
      • Exhibit 39: Chart on Fiberglass duct boards - Year-over-year growth 2021-2026 (%)
      • Exhibit 40: Data Table on Fiberglass duct boards - Year-over-year growth 2021-2026 (%)
    • 6.6 Market opportunity by Material
      • Exhibit 41: Market opportunity by Material ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 42: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 43: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 44: Data Table on Market share by geography 2021-2026 (%)
    • 8.2 Geographic comparison
      • Exhibit 45: Chart on Geographic comparison
      • Exhibit 46: Data Table on Geographic comparison
    • 8.3 APAC - Market size and forecast 2021-2026
      • Exhibit 47: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 49: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 50: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 8.4 Europe - Market size and forecast 2021-2026
      • Exhibit 51: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 53: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 54: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 8.5 North America - Market size and forecast 2021-2026
      • Exhibit 55: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 57: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 58: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 8.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 59: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 61: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 62: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 8.7 South America - Market size and forecast 2021-2026
      • Exhibit 63: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 65: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 66: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 8.8 China - Market size and forecast 2021-2026
      • Exhibit 67: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 69: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 70: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 8.9 US - Market size and forecast 2021-2026
      • Exhibit 71: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 73: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 74: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 8.10 Japan - Market size and forecast 2021-2026
      • Exhibit 75: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 77: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 78: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 8.11 Germany - Market size and forecast 2021-2026
      • Exhibit 79: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 81: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 82: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 8.12 UK - Market size and forecast 2021-2026
      • Exhibit 83: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 85: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 86: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 8.13 Market opportunity by geography
      • Exhibit 87: Market opportunity by geography ($ million)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 88: Impact of drivers and challenges in 2021 and 2026
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 89: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 90: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 91: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 92: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 93: Matrix on vendor position and classification
            • 11.3 Alan Manufacturing Inc.
              • Exhibit 94: Alan Manufacturing Inc. - Overview
              • Exhibit 95: Alan Manufacturing Inc. - Product / Service
              • Exhibit 96: Alan Manufacturing Inc. - Key offerings
            • 11.4 CMS Group of Companies
              • Exhibit 97: CMS Group of Companies - Overview
              • Exhibit 98: CMS Group of Companies - Product / Service
              • Exhibit 99: CMS Group of Companies - Key offerings
            • 11.5 DuctSox Corp.
              • Exhibit 100: DuctSox Corp. - Overview
              • Exhibit 101: DuctSox Corp. - Product / Service
              • Exhibit 102: DuctSox Corp. - Key offerings
            • 11.6 FabricAir AS
              • Exhibit 103: FabricAir AS - Overview
              • Exhibit 104: FabricAir AS - Product / Service
              • Exhibit 105: FabricAir AS - Key offerings
            • 11.7 Imperial Manufacturing Group
              • Exhibit 106: Imperial Manufacturing Group - Overview
              • Exhibit 107: Imperial Manufacturing Group - Product / Service
              • Exhibit 108: Imperial Manufacturing Group - Key offerings
            • 11.8 KAD Airconditioning LLC
              • Exhibit 109: KAD Airconditioning LLC - Overview
              • Exhibit 110: KAD Airconditioning LLC - Product / Service
              • Exhibit 111: KAD Airconditioning LLC - Key offerings
            • 11.9 Lindab AB
              • Exhibit 112: Lindab AB - Overview
              • Exhibit 113: Lindab AB - Business segments
              • Exhibit 114: Lindab AB - Key offerings
              • Exhibit 115: Lindab AB - Segment focus
            • 11.10 Masterduct Inc.
              • Exhibit 116: Masterduct Inc. - Overview
              • Exhibit 117: Masterduct Inc. - Product / Service
              • Exhibit 118: Masterduct Inc. - Key offerings
            • 11.11 Saudi Akhwan Ducting Factory Co. Ltd.
              • Exhibit 119: Saudi Akhwan Ducting Factory Co. Ltd. - Overview
              • Exhibit 120: Saudi Akhwan Ducting Factory Co. Ltd. - Product / Service
              • Exhibit 121: Saudi Akhwan Ducting Factory Co. Ltd. - Key offerings
            • 11.12 Thermaflex International Holding BV
              • Exhibit 122: Thermaflex International Holding BV - Overview
              • Exhibit 123: Thermaflex International Holding BV - Product / Service
              • Exhibit 124: Thermaflex International Holding BV - Key offerings

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 125: Inclusions checklist
                • Exhibit 126: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 127: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 128: Research methodology
                • Exhibit 129: Validation techniques employed for market sizing
                • Exhibit 130: Information sources
              • 12.5 List of abbreviations
                • Exhibit 131: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              HVAC Air Ducts market growth will increase by $1548.51 million during 2022-2026.
              The hvac air ducts market is expected to grow at a CAGR of 5.29% during 2022-2026.
              Technavio has segmented the hvac air ducts market by material (Steel metal ducts, Flexible non-metallic ducts, and Fiberglass duct boards) and geographic (APAC, Europe, North America, Middle East and Africa, and South America).
              Airmake Cooling Systems, Airtrace Sheet Metal Ltd., Alan Manufacturing Inc., CMS Group of Companies, DuctSox Corp., FabricAir AS, Imperial Manufacturing Group, KAD Airconditioning LLC, Lindab AB, M and M Manufacturing Co., Masterduct Inc., Naudens Sheet Metal Manufacturers, Saudi Akhwan Ducting Factory Co. Ltd., SFP Ltd., Texas Duct Systems LLC, Thermaflex International Holding BV, TurnKey Duct Systems, VK Steel, Waves Aircon Pvt. Ltd., ZEN Industries Inc. are a few of the key vendors in the hvac air ducts market.
              APAC will register the highest growth rate of 55.23% among the other regions. Therefore, the hvac air ducts market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the hvac air ducts market growth are:
              • Stringent energy consumption and environmental regulations
              • Innovative sealing solutions to prevent HVAC air duct leakages
              The hvac air ducts market vendors should focus on grabbing business opportunities from the steel metal ducts segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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              • Five-force market analysis

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