HVAC Air Ducts Market by Material and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR44618
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The HVAC air ducts market size is expected to grow by USD 1.51 billion and record a CAGR of 5.29% during 2021-2025.

This post-pandemic HVAC air ducts market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this HVAC air ducts market analysis report, key drivers such as stringent energy consumption and environmental regulations have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as lack of skilled workforce, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the HVAC Air Ducts Market Size be in 2021?

HVAC-Air-Ducts-Market-Market-Size-2020-2025

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Who are the Key Vendors in the HVAC Air Ducts Market?

The HVAC air ducts market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • Alan Manufacturing Inc.
  • CMS Group of Companies
  • Ductmann Ltd.
  • DuctSox Corp.
  • Imperial Manufacturing Group
  • KAD Airconditioning
  • Lindab AB
  • Masterduct Inc.
  • Pinnacle Air Solutions
  • Saudi Akhwan Ducting Factory Co. Ltd.

 

Our analysts have extensively outlined successful business strategies deployed by the key vendors in this market research report. The HVAC air ducts market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

This HVAC air ducts market report further entails segmentation by material (steel metal ducts, flexible non-metallic ducts, and fiberglass duct boards) and geography (APAC, Europe, North America, MEA, and South America). The available actionable insights on the segmentation in this report will enable a better understanding of the target audience and changing demand patterns.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. The HVAC air ducts market further offers well-structured marketing strategies to overcome the negative post-COVID-19 impact, if any, on each product and service segment.

Which are the Key Regional Markets for HVAC Air Ducts Market?

HVAC-Air-Ducts-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis of the geographical composition of the market. APAC will record a fast growth rate during 2021-2025, owing to which the region should offer several growth opportunities to market vendors. From the statistical study of the geographic landscape, you can interpret and understand the competitive intelligence and regional opportunities in store for vendors for 2021-2025.

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 the region. This report provides estimations of the contribution of all regions to the growth of the HVAC air ducts market size.

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

  • CAGR of the market during the forecast period 2021-2025
  • 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, MEA, 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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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
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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
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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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The hvac air ducts market growth will increase by $910.65 million during 2019-2024.
The hvac air ducts market is expected to grow at a CAGR of 3.82% during 2019-2024.
Technavio has segmented the hvac air ducts market by material (Steel metal ducts, Flexible non-metallic ducts, and Fiberglass duct boards) and geographic (APAC, North America, Europe, MEA, and South America).
Alan Manufacturing Inc., CMS Group of Companies, Ductmann Ltd., DuctSox Corp., Imperial Manufacturing Group, KAD Airconditioning, Lindab AB, Masterduct Inc., Pinnacle Ductwork Ltd., Saudi Akhwan Ducting Factory Co. Ltd. are a few of the key vendors in the hvac air ducts market.
APAC will register the highest growth rate of 67.74% 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.
  • US
  • China
  • India
  • Japan
  • Germany
The key factors driving the hvac air ducts market growth are:
  • Global growth of construction activities
  • Rise in spending on green construction
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.
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