HVAC Air Ducts Market size to grow by USD 1.54 billion from 2021 to 2026, Driven by stringent energy consumption and environmental regulations - Technavio

NEW YORK, March 28, 2023 /PRNewswire/ -- The global HVAC air ducts market size is estimated to grow by USD 1.54 billion from 2021 to 2026, according to Technavio. The market is estimated to grow at a CAGR of 5.29% during the forecast period. A major factor fueling growth in the HVAC air ducts market is the stringent energy consumption and environmental regulations. The growing environmental concerns and the fast depletion of natural resources have driven developed economies to adopt strict energy and environmental regulations. The EU has fixed a target to reduce GHG emissions by 20% below the 1990 levels by 2020 and by 80%-90% by 2050. The member states of the EU have the world's highest environmental standards, encouraging consumers and companies to adopt energy-efficient and environment-friendly air distribution systems. The growing environmental standards have also led to the replacement of old HVAC systems in these buildings with new ones to comply with the new regulations. Hence, the EU building regulations that stipulate ventilation regulations for airtight buildings have also increased the demand for air ducts. For more insights on the forecast market size (2021 to 2026) - Request a sample report

Why buy?

• Add credibility to strategy
• Analyzes competitor's offerings
• Get a holistic view of the market

Grow your profit margin with Technavio - buy the report!

HVAC Air Ducts Market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on 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 market share growth in the steel metal ducts segment will be significant during the forecast period. The effectiveness and durability of sheet metal ducts are increasing the segment's growth. The low maintenance cost associated with sheet metal ducts also contributes to their demand. Hence, the preference for sheet metal ducts is growing because of the ease of installation on the contractor's side. 

Geography Overview
The report provides actionable insights and estimates the contribution of all regions to the growth of the global HVAC air ducts market.

• APAC is estimated to account for 55% of the global market growth during the forecast period. China and Japan are the key markets for HVAC air ducts in the region. Market growth in this region will be faster than the growth of the market in any other region. The growing investments in the real estate sector will facilitate the HVAC air ducts market growth in APAC over the forecast period. 

Insights on the market contribution of various segments, including country- and region-wise data and forecast market size (2021 to 2026) - Download a Sample Report

HVAC Air Ducts Market – Vendor Analysis

The global HVAC air duct market is highly competitive with the presence of numerous local, regional, and international players. 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. are some of the major players in the market.

HVAC Air Ducts Market – Market Dynamics

Leading trends influencing the market 

Innovative sealing solutions to prevent HVAC air duct leakages are a key trend that is expected to have a positive impact during the forecast period. Vendors develop new sealing solutions to reduce leakage from air ducts. 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. The processes involve an aerosol mist of sealant being applied to the inside of the ducts to locate and seal all the leaks.

Major challenges hindering the market growth

The lack of a skilled workforce is a major challenge hindering the HVAC air ducts market growth. The global HVAC systems market witnessed rapid technological advances, which are increasing the need for end-users to upgrade HVAC systems. This will eventually add up to the cost. Shifting from existing HVAC systems to new and advanced systems includes high costs. Hence, end-users prefer to upgrade the existing systems by retrofitting, which requires highly skilled labor with knowledge about the latest innovations and technologies in HVAC systems. They need to comply with the rapidly improving technological advances in the global HVAC systems market and the global HVAC air ducts market. This incurs a lower cost than changing the complete system. Thus, the lack of technical expertise and skilled labor in the HVAC industry is expected to challenge the global HVAC air ducts market.

Insights on market drivers, trends, & challenges, and forecast period (2021 to 2026) - Request a sample report

What are the key data covered in this HVAC Air Ducts Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the HVAC air ducts market between 2022 and 2026
• Precise estimation of the size of the HVAC air ducts market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the HVAC air ducts market across APAC, Europe, North America, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of HVAC air ducts market vendors

Gain instant access to 17,000+ market research reports. 

Technavio's SUBSCRIPTION platform

Related Reports:

The HVAC systems market size in India is expected to increase by USD 2.77 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 9.97%. One of the major factors driving the market growth in the HVAC systems market in India is the growing demand for inverter HVAC systems. 

The energy-efficient HVAC systems market size is expected to increase by USD 24.37 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 11.02%. The demand for reducing energy consumption and operating costs is one of the drivers supporting the energy-efficient HVAC systems market growth.

Browse for Technavio Industrials market reports

Table of Contents

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

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio