US HVAC Air Ducts Market

Market Introduction

The HVAC air ducts market is expected to grow at a significant rate with the growing demand for HVAC systems in the US. The growth in the residential sector, industries, and commercial buildings across the US is generating substantial demand for HVAC systems, which is bolstering the HVAC air ducts market. Approximately 87% of the residences in the US have air conditioners, and the count is continuing to grow year-on-year. This is supporting the growth of HVAC systems, thereby resulting in the growth of the HVAC air ducts market. The majority of the HVAC air ducts installed across the US are manufactured from sheet metal. However, in recent times, fabric ducts are gaining prominence among the HVAC system manufacturers in the US. For instance, the leading HVAC air duct manufacturers such as Fabricair, DuctSox, and VentUSA are increasing the production volumes of fabric air ducts. This trend is expected to propel the HVAC air duct market in the coming years.

Further, the rising adoption of green building technology across the US is expected to fuel market growth. The benefits associated with green building technology such as greater energy efficiency, lower carbon footprints, and reduced impact on the environment are attracting many residential and commercial developers and governments to implement this technology. Subsequently, the demand for HVAC systems is expected to increase due to the application of renewable energy for heating and ventilation of premises. However, the COVID-19 pandemic severely affected the market due to the shutdown of a major portion of the US economy. The halt in production of major manufacturing industries has negatively impacted the market from its demand side. Also, the outbreak of COVID-19 has negatively impacted the market’s supply chain.

The future of the HVAC air ducts market is promising in the US, owing to the presence of numerous players operating in the market. In addition, several new advanced air duct technologies/product types are emerging, which is expected to create growth opportunities for the market in the forthcoming years. However, the longer lifespan of the HVAC air ducts is one of the prominent restraining factors. The HVAC air ducts have an approximate 20–25 years lifespan. According to several manufacturers and associations in the HVAC industry and HVAC air duct market, the end users should replace their HVAC air ducts once in 15 years, as after consistent usage for 15 years, the systems begin to deteriorate, significantly reducing the HVAC system’s efficiency. Thus, the longer lifespan is considered to be a critical factor for the slow growth of the market.

US HVAC Air Ducts Strategic Insights

Strategic insights for the US HVAC Air Ducts provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

US HVAC Air Ducts Report Scope

US HVAC Air Ducts Regional Insights

The geographic scope of the US HVAC Air Ducts refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The US HVAC air ducts market is expected to grow from US$ 1,232.41 million in 2021 to US$ 1,620.03 million by 2028; it is estimated to grow at a CAGR of 4.0% from 2021 to 2028.

The evolving technology in HVAC systems is expected to spur the demand for HVAC air ducts in the near future. The rising adoption of advanced technologies such as the internet of things (IoT) in HVAC systems is expected to fuel the growth of the HVAC air ducts market during the forecast period. The new HVAC technologies which use IoT are embedded with sensors and software that enables the HVAC system to exchange data with other connected devices. IoT systems are expected to improve preventative maintenance by sensing data on air quality and equipment status. The IoT technology will also bring more automation in HVAC systems by integrating their functions with other virtual assistant devices such as Alexa to change the temperature through the voice. Hence, with the advent of IoT in HVAC systems, these systems are expected to provide predictive service maintenance alerts to users before any real issue occurs. Also, there will be more automation features in HVAC systems. Thus, the above-mentioned technological trends are expected to increase the demand for HVAC systems, thereby fuelling the growth of the HVAC air ducts market.

Impact of COVID-19 Pandemic on US HVAC Air Ducts Market

The US is the worst-hit country in North America, as thousands of infected individuals faced severe health conditions across the country. In 2020, the majority of the manufacturing plants operated with minimum staff or halted their manufacturing operations. Also, the supply chain of components and parts was disrupted. These are a few of the critical issues faced by the US. Also, lower demand for new HVAC system in commercial, industrial, and residential sectors except healthcare has hampered the growth of the US HVAC air ducts market. For instance, according to the Heating Air-conditioning & Refrigeration Distributors International (HARDI), the HVAC distributor experienced ~19% decline in HVAC orders in April 2020 compare to the previous years .

According to the American Institute of Architects (AIA), the construction sector in the US has been hit hard by the COVID-19 outbreak. Construction activities were declined in 2020, and the trend is prevailing in 2021 also. The construction activities are declined by ~ 20% in the hospitality industry, by ~ 8% in the retail sector, and close to 11% in commercial offices. However, the construction of healthcare facilities and public safety have surged in 2020. The industries that install the high volumes of HVAC systems have been hit at various levels by the COVID-19 pandemic.

Key Market Segments

Based on product type, the US HVAC air ducts market is segmented into sheet metal ducts, flexible non-metallic ducts, fiberglass duct board, and others. In 2020, the sheet metal ducts segment led the market with the largest market share. By application, the US HVAC air ducts market is segmented into commercial buildings, residential buildings, and industrial buildings. In 2020, the residential buildings segment accounted for the largest market share.

Major Sources and Companies Listed

A few top companies operating in the US HVAC air ducts market are DUCTSOX, SETDuct, Gemini Group Inc., Flexmaster U.S.A., Turnkey Duct Systems, US DUCT, FABRICAIR, Thermaduct, Spiral Pipe of Texas, M&M Manufacturing, and Masterduct Inc. Various other companies operating in the market are coming up with new technologies and offerings, which is helping the US HVAC air ducts market to expand in terms of revenue.

Reasons to Buy Report

• To understand the US HVAC air ducts market landscape and identify market segments that are most likely to guarantee a strong return
• To stay ahead of the race by comprehending the ever-changing competitive landscape for the US HVAC air ducts market
• To efficiently plan M&A and partnership deals in the US HVAC air ducts market by identifying market segments with the most promising probable sales
• To make knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments of the US HVAC air ducts market
• To obtain revenue forecast for market by various segments from 2020 to 2028 in the US

   

US HVAC Air Ducts Market Segmentation

US HVAC Air Ducts Market – by Product Type

• Sheet Metal Ducts
• Flexible Non-Metallic Ducts
•  Fiberglass Duct Board
• Others

US HVAC Air Ducts Market – by Application

• Commercial Buildings
• Residential Buildings
• Industrial Buildings

US HVAC Air Ducts Market - Companies Mentioned

• DuctSox
• SETDuct
• TurnKey Duct Systems
• US Duct
• FabricAir
• Thermaduct
• Spiral Pipe of Texas
• M&M Manufacturing
• Gemini Group, Inc.
• Masterduct, Inc.