Saudi Arabia Air Duct Market Will Generate $74.8 Million Revenue by 2030: P&S Intelligence

NEW YORK, Dec. 7, 2022 /PRNewswire/ -- According to the latest market research study published by P&S Intelligence, in 2021, the size of the Saudi Arabian air duct market was $36.4 million, which will witness an 8.4% CAGR from 2021 to 2030, to hit $74.8 million in 2030.

The growing demand for comfort and effective airflow control is resulting in the increasing sale of such products in the country. The industry is projected to grow mainly because of the snowballing ventilation requirement throughout the country.

These products are used in several industries, including pharmaceutical, hospitality, food & beverage, aerospace & defense, semiconductor, and electronics.

Get the sample pages of this report: https://www.psmarketresearch.com/market-analysis/saudi-arabia-air-duct-market/report-sample

Largest Share Is Captured by Galvanized Steel 

The market is divided into aluminum, polymers, fiberglass, and galvanized steel, based on material. In this segment, a share of roughly 55% is held by galvanized steel. This can be credited to the toughness, longer life, cost-effective maintenance, and many other qualities of this material.

Hospitality Category Will Grow Rapidly

The hospitality division will likely advance at the highest rate, of about 10%, in the coming years. This is because of the strong efforts of the Government of Saudi Arabia to boost the value of the nation as a tourist destination.

Market in Western Saudi Arabia Will Grow Fastest

Western Saudi Arabia, in the terms of sales value, will grow at the highest rate, of more than 9%, in the coming years. The western coast is designated to be developed as a new vacation place in the nation because of its astonishing biodiversity. This will promote tourism and the construction of hospitals, thereby driving HVAC and associated component sales.

Rapid Adoption of Smart HVAC Systems

The surging acceptance of intelligent HVAC systems is driving the demand for air ducts in Saudi Arabia. The design advancements in these appliances' electrical & mechanical components and controls & operations have allowed for a reduction in their energy usage, without resetting the operating parameters, such as air humidity and temperature, and compromising on comfort.

Browse detailed report on Saudi Arabia Air Duct Market Size, Share, and Growth Forecast Report 2022-2030

Further, the country is focusing on catering to the growing housing demands with energy efficiency and better qualities, which is propelling green building construction. Such buildings, additionally, use recyclable and recycled materials for improved durability.

These benefits of green buildings are fascinating the government and several commercial and residential architects and attracting them to incorporate smart appliances and systems.

Therefore, in the recent past, there has been a rapid rise in the count of green industrial, commercial, and residential buildings in Saudi Arabia, which is contributing to the growing sale of advanced air ducts.

Global Saudi Arabia Air Duct Market Report Coverage

By Material

• Galvanized steel
• Aluminum
• Fiberglass
• Polymer

By Shape

• Round
• Half Round
• Triangular
• Square/Rectangular

By Application

• Commercial Buildings and Offices
• Transportation and Public Infrastructure
• Retail
• Hospitality
• Healthcare
• Industrial

Regional Analysis

• Central
• Southern
• Western
• Eastern

Browse More Reports Published by P&S

Saudi Arabia HVAC TAB Services Market Size, Share, Trends and Demand Forecast to 2030

Saudi Arabia Residential AC Market Size, Share, Trends and Demand Forecast to 2030

Global HVAC Systems & Services Market Size, Share, Trends and Demand Forecast to 2030

About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

Contact:

Prajneesh Kumar
P&S Intelligence
Phone: +1-347-960-6455
Email: [email protected]
Web: https://www.psmarketresearch.com
Follow Us: LinkedIn Twitter

Logo: https://mma.prnewswire.com/media/1224988/P_and_S_Intelligence_Logo.jpg 

SOURCE P&S Intelligence