Authored By: Sarah
17 Aug 2024

Hvac Air Ducts Market 2024-2028: Size and Lack of skilled workforce; growth driven by the Material, Some of key Companies Positioned Strategically

The hvac air ducts market size by Material (Steel metal ducts, Flexible and Non mettalic ducts, and Fiberglass duct boards) and Geography (APAC, Europe, North America, Middle East and Africa, and South America), is forecast to increase by USD 582.8 million. The market is expected to grow at a CAGR of   2.12% between 2024 and 2028.

  • The global HVAC air ducts market is experiencing significant technological advancements, driving the demand for upgrades among end-users. This trend, while beneficial in the long run, adds to the overall cost of HVAC systems. The intensifying competition among HVAC system manufacturers is resulting in continuous innovation, necessitating retrofitting of existing systems as an alternative to complete system replacement. Retrofitting, which involves highly skilled labor versed in the latest HVAC technologies, offers a cost-effective solution for end-users to comply with the evolving technological landscape of the global HVAC air ducts market.
  • The HVAC air ducts market represents a significant business opportunity due to the growing demand for energy-efficient and indoor air quality solutions. Companies specializing in HVAC air ducts production and installation are poised to benefit from this trend, as businesses and homeowners seek to optimize their heating, ventilation, and air conditioning systems. Market growth is driven by factors such as increasing construction activities, stringent energy regulations, and rising awareness of the importance of indoor air quality.

Access the full report to know who are the other key countries segment-wise forecast and historic data

 

Some of the Key Companies:

  • 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
  • TurnKey Duct Systems
  • VK Steel
  • Waves Aircon Pvt. Ltd.
  • ZEN Industries Inc.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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