Air Ducts are manufactured for distributing air flow from heat, ventilation and air conditioning (HVAC) equipment across various public, commercial and industrial spaces. These air ducts are pipelines which are designed in such a way that they can transport heated or cool air to respective spaces. Use of such products helps in saving money, achieving efficiency and increasing energy conservation. Considering the rate of infrastructure development all over the world, demand for air ducts is going to increase considerably in near future.
MARKET DYNAMICS
Latest developments in air ducts have led to energy efficient ventilation across respective spaces. These developments have also helped in energy savings as well as reducing overall functional costs. Key players are focusing on having highly efficient air duct systems which contribute to eco-friendly fresh air quality solutions. Increasing prices of electricity and oil have created public awareness regarding energy efficiency. Considering all the mentioned factors, air duct market is anticipated to grow at a significant rate in the upcoming years.
MARKET SCOPE
The "Global Air Duct Market Analysis to 2028" is a specialized and in-depth study of the air duct market with a special focus on the global market trend analysis. The report aims to provide an overview of air duct market with detailed market segmentation by material, application and geography. The global air duct market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading air duct market players and offers key trends and opportunities in the air duct market.
MARKET SEGMENTATION
The global air duct market is segmented on the basis of material and application. On the basis of material, the market is segmented as galvanized steel, aluminum, fiberglass and polymers. On the basis of application, the market is segmented as corporate office, airport, retail store and shopping complex, hospitality, multiplex, auditorium, hospital and manufacturing.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global air duct market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The air duct market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting air duct market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the air duct market in these regions.
MARKET PLAYERS
The reports cover key developments in the air duct market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from air duct market are anticipated to lucrative growth opportunities in the future with the rising demand for air duct market. Below mentioned is the list of few companies engaged in the air duct market.
The report also includes the profiles of key air duct market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Advanced Mechanical, Inc.
- Aldes Group
- CMS Group of Companies
- FläktGroup Holding GmbH
- Imperial Manufacturing Group
- KAD AIR CONDITIONING
- Kingspan Group
- Lindab
- Saint-Gobain Performance Plastics
- THERMAFLEX
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.