Nov 11, 2019
MarketStudyReport.com Adds New Report Air Duct Market 2019 – 2025 research report providing information and data By Material, By Shape, By Application, Industry Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast spreading across 210 Pages with table and figures in it.
Delaware, Selbyville - November 12, 2019 /MarketersMedia/ —
Airport end-user segment will be valued more than USD 1.1 billion in the following years. Airport are mainly in contact to air pollutants created by exhaust gases from aircrafts, fuel delivery systems, and buses. Thus, it creates a need to provide an effective heating and cooling along with fresh air circulation in airports buildings which further drives the demand for air ducts.
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Rising implementation of HVAC systems in commercial and residential buildings coupled with increasing construction activities in the emerging economies of Asia Pacific and the Middle East & Africa is positively augmenting the demand for air ducts. Also, increasing consumer awareness regarding the construction of green buildings is further expected to upsurge the consumption of airducts. Moreover, air ducts offer superior performance and better energy efficiency coupled with health benefits which enables the government bodies and professional contract builders to gradually adopt HVAC equipment to enhance energy consumption. A radical shift from oil & gas sector to construction sector in the developing countries of the Middle East region has created lucrative opportunities for the air duct manufacturers. For instance, with upcoming events such as 2022 FIFA World Cup and Expo 2020 in Qatar, there is a substantial demand for HVAC technologies in the region.
Air Duct Market is expected to exceed USD 5.5 billion by 2025. Growing consumer concern for energy conservation coupled with rising private investment in the development of infrastructural activities is likely to bolster the global market growth.
Some major findings of the air duct market report include:
- Rising adoption of green building initiatives pertaining to the environmental benefits of energy conservation is the prime driver
- The galvanized steel duct material segment is estimated to gain the largest market share in the coming years on account of its ability to convert into various shapes and high durability properties.
- Round shape is the most preferred air duct used and is likely to account for the largest market share by 2025 as they are easier to clean and exhibit low pressure drops.
- The office space end user is expected to gain the highest revenue by 2026 owing to significant investment in service sectors and air ducts offer better air circulation and temperature control to the employees.
- Major players operating in the air duct market are ZECO Aircon Ltd., M&M Manufacturing, Hennemuth Metal Fabricators, Zinger Sheet Metal Co., Tin Man Sheet Metal, and Set Duct Manufacturing.
- Companies are engaged in expansion, investments, and mergers & acquisitions for expanding their business operations and to gain competitive advantage
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Apart from round shape, rectangular shape air duct is gradually gaining considerable market position in the global market and is the most commonly shape used due to its easy transportation and fitting. It is widely used in manufacturing the HVAC systems main trunks as it offers flat surfaces for branches to be easily connected to the system. Also, for large duct areas, round shaped air duct is considered as a viable option owing to its ability to assemble easily when compared to round fittings.
Prominent industry players in air duct market are M&M Manufacturing, Set Duct Manufacturing, Turnkey Duct, Rubber World Industries, Hamlin Companies, Linx Industries, Inc., Inc., Masterduct, Inc., VK Ducting, D &N Duct, Pinnacle, Ducts, etc. Mergers & acquisitions, product innovation, and investment are some of the key strategies adopted by the air duct manufactures to gain profitability and significant market position in the industry.
Fiberglass material is likely to gain more than 20% volume share by 2025 owing to its ability to efficiently distribute air. Also, it offers better temperature control, acoustic control, condensation control, and better energy conservation. It is used to maintain high indoor air quality and comfort
Table of content:
Chapter 1. Methodology & Scope
1.2. Market definition
1.3. Market estimation & forecast parameters
1.4. Data sources
22.214.171.124. Paid sources
126.96.36.199. Public sources
Chapter 2. Executive Summary
2.1. Air duct industry 360 degree synopsis, 2014 - 2025
2.1.1. Business trends
2.1.2. Materials trends
2.1.3. Shape trends
2.1.4. End-user trends
2.1.5. Regional trends
Chapter 3. Air Duct Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2014 - 2025
3.3. Industry ecosystem analysis
3.3.1. Profit margin
3.3.2. Value addition at each stage
3.3.3. Distribution channel analysis
3.3.4. Vendor matrix
188.8.131.52. List of key manufacturers/supplier
184.108.40.206. List of key/potential customers
3.4. Industry megatrends
3.5. Product lifecycle analysis
3.6. Innovation & sustainability
3.6.1. Patent analysis
3.6.2. Technology landscape
3.6.3. Future trends
3.7. Installation & leakage testing
3.8. Duct cleaning methods
3.9. Industry impact forces
3.9.1. Growth drivers
220.127.116.11. Adoption of green building initiatives in U.S. and Europe
18.104.22.168. Rising infrastructure development in Asia Pacific
22.214.171.124. Developing tourism and hospitality sector in Southeast Asia
126.96.36.199. Increasing urbanization in developing economies
188.8.131.52. Upcoming mega projects in the Middle East
3.9.2. Industry pitfalls & challenges
184.108.40.206. Competition from ductless HVAC systems
220.127.116.11. High service and maintenance cost associated with the product
3.10. Regulatory trends
3.11. Growth potential analysis
3.12. Competitive landscape
3.12.1. Company market share, 2018
3.12.2. Strategy dashboard
3.13. Porter's analysis
3.13.1. Buyer's power
3.13.2. Supplier's power
3.13.3. Threat of substitutes
3.13.4. Threat of new entrants
3.13.5. Degree of competition
3.14. Pricing analysis
3.14.1. Installation cost
3.14.2. Cost structure analysis
18.104.22.168. R&D cost
22.214.171.124. Manufacturing & equipment cost
126.96.36.199. Raw material cost
188.8.131.52. Distribution cost
More Details on this Report At: https://www.marketstudyreport.com/reports/air-duct-market
Global (United States, European Union and China) Automotive Air Duct Market Research Report 2019-2025
Air ducts?are conduits or passages used in?heating, ventilation, and air conditioning?(HVAC) to deliver and remove air. Automotive Air ducts operate in hot and stressful environments that involve pressure, engine oil and blow-by-gases.
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