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Air Ducts Market Trends

  • Report ID: GMI2339
  • Published Date: Jun 2024
  • Report Format: PDF

Air Ducts Market Trends

The air ducts industry is witnessing a notable shift toward the use of eco-friendly and sustainable materials as manufacturers are turning to materials which can be recycled and have a reduced environmental footprint. This is boosted by the regulatory requirements and growing consumer preference for sustainable products in the market.
 

The adoption of intelligent technologies in air duct systems is on the rise and modern air duct systems are being equipped with advanced monitoring and controlled features that enhance air flow management and energy efficiency.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Air ducts industry size was worth USD 4.87 billion in 2023 and is projected to expand at 3.7% CAGR from 2024 to 2032, owing to the growing emphasis on energy-efficient buildings due to various factors, such as growing concerns over climate change.

The galvanized steel material segment in the air ducts industry accounted for USD 2.58 billion in 2023 and is anticipated to grow at 4% CAGR between 2024 and 2032, owing to its cost, ease of installation, and fire safety regulations.

The office spaces end-use segment in the air ducts industry is projected to exhibit significant CAGR between 2024 and 2032, due to the increasing demand for energy-efficient solutions and awareness about the importance of indoor air quality.

U.S. air ducts industry size was USD 1.04 billion in revenue in 2023 and is projected to witness substantial gains from 2024 to 2032, led by the presence of new construction ventures and the growing necessity to modernize existing systems.

Air Ducts Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 264
  • Countries covered: 21
  • Pages: 200
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