Air Ducts Market – Global Industry Analysis and Forecasts 2023-2029

Air Ducts Market was valued at US$ 9.95 Bn. in 2022 and is estimated to reach a value of US$ 13.77 Bn. in 2029. The Global Air Ducts Market size is estimated to grow at a CAGR of 4.75% over the forecast period.
Air Ducts Market Overview:
An Air duct is designed to distribute airflow from Heating, Ventilation, and Air conditioning (HVAC) equipment across the entire commercial, public, or industrial facility. These ducts are pipelines that are utilized to transport cooled or heated air to living spaces and return the same amount of air to the HVAC systems, thus minimizing suffocation across the room space. The rise in the CAGR is attributable to this market's demand and growth returning to the success in the forecasted period.To know about the Research Methodology:-Request Free Sample Report

2022 is considered as a base year to forecast the market from 2023 to 2029. 2022’s market size is estimated on real numbers and outputs of the key players and major players across the globe. The past five years' trends are considered while forecasting the market through 2029. 2020 is a year of exception and analysis, especially with the impact of lockdown by region.

The increasing emission from building and construction activities has encouraged developed nations to take initiatives to curb the environmental impacts of the construction sector. Additionally, the growing penetration of LEED-certified houses in the U.S is significantly driving the demand for air ducts. This is majorly attributable to the fact that 89% of the Americans spend most of their time indoors, where pollutants are concentrated by more than 2 to 5 times more than outdoors, such factors reflect the need for air ducts in these regions or locations which leads the market size of air ducts across the globe.

According to the survey by US Census Bureau, Construction in the US surpassed US$ 1.05 trillion in 2022 and is estimated to reach a value of 1.5 trillion in 2025. On the other hand, the Beijing Municipal Corporation of development and Reforms announced 350 construction projects which are worth $ 36 million in 2020. Since air ducts are highly used in modern buildings to enhance the overall indoor air quality, these, as a result, attributing to the growth of sales of air ducts and also the growth of these markets.

The demand within the global air duct market has expanded in size and revenue over the period. The growing popularity of HVAC systems in houses and commercial spaces has given the growth in the air duct market across the globe. The rapid pace of urbanization has created fresh opportunities for growth within the market. It is estimated that various regions are going to the developing of sophisticated infrastructure around cities giving a push to the sale of the air duct. The commercial sector is acting as the largest consumer of air ducts and it is projected that this market will grow in terms of revenue by 20-25% in the forecasted period.

The report explores the Air Ducts Market's segments (Material Type, Shape Type, End-User, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2020. The report investigates the Air Ducts Market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Air Ducts Market's contemporary competitive scenario.
Air Ducts Market Dynamics which influence the market and drive the opportunity:
The rising inclination toward green building technology and the increasing number of data centers are propelling the growth of the HVAC air duct market. Green building offers many economic or financial benefits, which are relevant to a range of different people or groups of people. With the rising adoption of these green buildings in the developed countries such as the US, Canada, UK, and China are mostly demand for advanced HVAC systems is surging. Many residential and commercial sector architects and governments implement this technology owing because of its benefits such as greater energy efficiency, lower carbon footprints, and reduced impacts on the environment. Additionally, the growing application of Geothermal Heat Pumps (GHP) across residential and commercial buildings is providing lucrative opportunities for HVAC air duct manufacturers. The technology is widely used for heating or cooling premises, and its wide acceptance is expected to increase the demand for the HVAC air ducts in the forecasted periods.

COVID-19 gives opportunities for the growth of the air duct market across the globe:

The COVID-19 impacted the market and gave the business opportunities across the globe. The continuous growth in the count of virus-infected patients compelled government authorities of various countries to restrict the movements of human goods, and commodities by imposing travel restrictions, mass lockdowns, and business shutdowns. The imposition of lockdown has resulted in lesser production of commodities, and goods and lowered the frequency of service offerings. Manufacturing, automotive, semiconductor, and electronics industries have witnessed a notable decline in their revenues. In the first quarter of 2020, after the imposition of nationwide lockdown in most of the nations, gives the various opportunities for every industry which was get affected now the industries are starting again and require development in their industries, and if the development of these industries is expected then the air duct sector automatically grows because when the situation comes in normal it witnessed that in 2022 the growth of these market is recorded by 35% in terms of revenue.

Air Ducts Market Trends:

Rising adoption of Green House building-
With the rising adoption of green building across the globe and the use of geothermal heating and cooling methods owing to the rise in the demand for HVAC systems. The benefits associated with green building technology lead the market for air ducts. This factor is catalyzing the demand for HVAC systems, which is subsequently boosting the market. In addition, commercial green buildings are seeking an increased volume of eco-friendly HVAC systems to reduce their dependency on petroleum products.

Urbanization leads the market trend-
High rises in buildings and skyscrapers have become a common sight across cities. This trend is gathering momentum across the suburbs, and this is a key consideration from the perspective of market growth. The industry's growth in the residential sector has generated opportunities, fresh revenues, and the importance of infrastructure supremacy leading this market. According to OEC, the infrastructure market is growing by 35-45% in the forecasted period and the government of every region is mainly focusing on infrastructure development as well as 45% of the population across the globe also shifting their income on the development of the residential sector.

Improvement in Architecture, Civil Works, and Planning giving opportunities to the market
The new generation, environmental effects, and the increasing population demand for the innovation in the architecture in the forming of infrastructures like homes, factories, buildings, and others that have the airflow but do not require much space for the construction, in these the air ducts are the most suitable options to the architect for the proper airflow solutions without leaving many areas for air transmission.
Air Ducts Market Segment Analysis:
Based on Material Type, the Air Ducts Market is segmented into Galvanize Steel, Aluminium, Fibre Glass, Polymers, and Others.



In this segment, the galvanized steel segment is holding the largest market share by covering US$ 1.2 billion in terms of revenue in 2022, and estimated that it may grow by 20% in the forecasted period. The factor which is attributed to the growth is it is the type of material of duct which does not tear easily and last for approximately 50 years with minimum maintenance. This required less cost and it is suitable for every sector or industry and easy to install and get fixed for a longer period.

Aluminum material is also covering the market by 25% of market share in 2022 and the factor which is lifting this market is they are very convenient for late modifications in the air intake and air outlet pipelines. This is mostly suitable for the buildings which want to modify themselves as green building because of the stringent government regulation standards in their regions. The other segments like fiberglass are also witnessing growth by earning revenue of $ 750 million and are also expected to grow their market share because it has features like it has improved thermal conduction ducts as compared to other ducts.

The polymers and others segment are also having the market growth but not in a significant growth because the features required for the sustainability in the market is not propelling them and also the preference of many industrials players and residential population are widely adopting other material of ducts.

Based on Shape, the Air Ducts Market is segmented into Rectangular, Oval, and Round.

The round shape duct is dominating the market by capturing the largest market share because of its properties like it utilizes the fewer materials than other ducts to transfer the same amount of air, which increases their air transportation efficiency, also half round ducts are utilized in case of less headspace available to install a full round duct, which increases the air transportation efficiency.

The rectangular shape duct is the second largest segment capturing the market because it is considered the oldest form of ducting across the globe. The factors associated with the growth of these segment is affordability and also by adopting these segment as their primary usage and also it is easy to install and convenient to use.

Based on End-User Type, the Air Ducts Market is segmented into Public Facilities, Commercial Facilities, Industrial Facilities, and Others.

The commercial facility segment is considered to have the largest market segment because it raised its revenue by 35% in 2022 as compared to the previous year. It is attributed to the installation of air ducts in facilities including airports, infrastructure development, projects, hotels, conference centers, and others, where it is nessacary to maintain proper habitable temperature. On the other hand, the public facilities segment is expected to witness steady growth under increasing interior construction applications, whereas the industrial facilities are also expected to grow in the forecasted period it is attributed to longer shelf life and usage factor.
Regional Insights:
The Asia Pacific Air Ducts Market region held the more than 38% in 2022 and is projected to continue its dominance during the forecast period. The Asia-Pacific region is considered to taken the best place to experience the highest growth in the global market. This is attributable to massive investments in infrastructure projects across countries like India, China, Malaysia, and Others. Additionally, to accommodate, the escalating air travel demand across this region and the demand for new infrastructure projects such as new projects, terminals, buildings, malls, and airports fuelling the demand for the air ducts in all these projects. Furthermore, Europe is the second market leader in these markets because of considerable cost, primarily owing to the presence of leading HVAC systems manufacturers in countries such as Sweden, Germany, Denmark, and the U.K. Thermal conductivity is a major priority in Europe as several countries experience extreme cold weathers, while some countries experience to hot weather conditions during the forecast period.

The objective of the report is to present a comprehensive analysis of the global Air Ducts Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Air Ducts Market dynamic and structure by analyzing the market segments and projecting the Air Ducts Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Air Ducts Market make the report investor’s guide.
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Air Ducts Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 9.95 Bn.


Forecast Period 2023 to 2029 CAGR:
4.75%
Market Size in 2029:
US $ 13.77Bn.


 Segments Covered:
by Material Type
Aluminum
Galvanized Steel
Polymers
Fiber Glass
Others


by Shape
Rectangular
Round
Oval


by End-User Type
Public Facilities
Commercial Facilities
Industrial Facilities
Others



by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Air Ducts Market Key Players:
1. CMS Group of Company
2. Saint-Gobain Performance Plastics
3. Fabric Air
4. Therma Flex
5. KAD Air Conditioning
6. DMI Companies
7. Imperial Manufacturing
8. Tin Man Sheet Metal Fabrication, LLC
9. V.K Steel
10.Durkessox
11.Aldes Group
12.Lindab

Frequently Asked Questions-

Q.1 What is the growth factor of these markets?
Ans. The rising inclination toward green building technology and the increasing number of data centers are propelling the growth of the HVAC air duct market.

Q.2 Which segment of shape is taking the highest market?
Ans. The round shape duct is dominating the market by capturing the largest market share because of its properties like it utilizes fewer materials than other ducts to transfer the same amount of air.

Q.3 What is the estimated CAGR for the years 2023 to 2029?
Ans. The Global Air Ducts Market size is estimated to grow at a CAGR of 4.75% over the forecast period.

Q.4 Which region is expected to have the highest market growth?
Ans. The Air Ducts Market region held the largest market share accounting for 45% in 2022 in the Asia-Pacific region.

Q.5 What is the market size of the air duct market?
Ans. The Air Ducts Market was valued at US$ 9.95 Bn. in 2022 and is estimated to reach a value of US$ 13.77 Bn. in 2029.