The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Although growing awareness about energy conservation and accelerating demand for HVAC equipment will offer immense growth opportunities. However, the lack of a skilled workforce will hamper the market growth. To leverage the current opportunities, the market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
HVAC Air Ducts Market 2021-2025: Segmentation
- Material
- Steel Metal Ducts
- Flexible Non-metallic Ducts
- Fiberglass Duct Boards
- Geography
- APAC
- Europe
- North America
- MEA
- South America
HVAC Air Ducts Market 2021-2025: Vendor Analysis and Scope
Some of the major vendors of the HVAC air ducts market in the electrical components and equipment industry include Alan Manufacturing Inc., CMS Group of Companies, Ductmann Ltd., DuctSox Corp., Imperial Manufacturing Group, KAD Airconditioning, Lindab AB, Masterduct Inc., Pinnacle Air Solutions, and Saudi Akhwan Ducting Factory Co. Ltd. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market.
The report also covers the following areas:
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HVAC Air Ducts Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist HVAC air ducts market growth during the next five years
- Estimation of the HVAC air ducts market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the HVAC air ducts market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of HVAC air ducts market vendors
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HVAC Air Ducts Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.29% |
Market growth 2021-2025 |
$ 1.51 billion |
Market structure |
Fragmented |
YoY growth (%) |
2.12 |
Regional analysis |
APAC, Europe, North America, MEA, and South America |
Performing market contribution |
APAC at 55% |
Key consumer countries |
China, US, Japan, Germany, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Alan Manufacturing Inc., CMS Group of Companies, Ductmann Ltd., DuctSox Corp., Imperial Manufacturing Group, KAD Airconditioning, Lindab AB, Masterduct Inc., Pinnacle Air Solutions, and Saudi Akhwan Ducting Factory Co. Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Get additional insights on the HVAC air duct market companies and their product offerings. Download Sample Now
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SOURCE Technavio
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