Air duct system consists of a path for conditioned air to be cooled or heated by the ventilation, heating, and air conditioning (HVAC) system. The air duct system consists of various components such as smoke and fire dampers, vibration isolators, volume control dampers, chimney collars & heads, baffles, termination units, plenums, and air diffusers. The material used in air ducts can be aluminum, galvanized steel, metallic, non-metallic, and others depending on the requirement. In addition, the shape of the air duct can be oval, rectangular, or round.
The air duct market size was valued at $13.9 billion in 2021, and is estimated to reach $22.7 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031.
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Increase in health issues associated with deteriorating indoor air quality and rise in environmental concerns are some of the factors contributing significantly to the increased demand for air ducts in buildings. Furthermore, surge in infrastructure development and green building initiatives by various developing and industrialized nations around the world are anticipated to boost the air duct market opportunity. HVAC air duct systems can be found in new airports, hotels, multiplexes, office buildings and fast transportation is expected to surge the air duct market growth.
In addition, increase in number of tall buildings & skyscrapers and rise in construction of commercial & residential buildings fuel the growth of the air duct market. In addition, infrastructural dominance for hotels, restaurants, and other commercial establishments has become a matter of reputation and prestige. This factor coupled with need for better air conditioning facilities has created new opportunities for market growth.
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Key Segments:
| Installation type | New installation Retrofits |
| End-user industry | Residential Commercial Industrial |
| By Region | North America (U.S., Canada, Mexico) Europe (Germany, France, UK, Italy, Rest Of Europe) Asia-Pacific (China, Japan, South Korea, India, Rest Of Asia-Pacific) LAMEA (Latin America, Middle East, Africa) |
Top Players:
Aldes Group, Belimo Holding AG, Breffni Air Ltd, Carrier Global Corporation, Centuri Mechanical Systems, Danfoss, DMI Companies, Fabric Air, Hennemuth Metal Fabricators, Honeywell International Inc., Imperia Manufacturing Group, Pinnacle ductwork, Schneider Electric, Siemens AG, Thermaduct, Thermaflex, Zinger Sheet Metal Co.
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Major players have adopted product launch and acquisition as key strategies to sustain the competition and improve the product portfolio. For instance, in August 2021, Emerson introduced a new Copeland 110cc speed scroll variable compressor with a 36-kW inverter drive. These new solutions are designed to conserve energy and enhance the environment in a variety of commercial air-conditioning applications, including chillers, data centers, and package air conditioners. Such strategic moves are expected to provide lucrative growth in the market during the forecast period.
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