June 01, 2022
According to the research report titled ‘North America Air Duct Market Forecast 2027 By Material, By Shape, By End-Use, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, North America air duct marketplace is projected to accumulate revenue worth USD 1.29 billion by 2027.
Expansion of the regional construction sector, growing airport development activities, as well as several ongoing commercial and industrial projects, and rising preference for energy-efficient buildings integrated with futuristic air ducts are the factors propelling the growth of North America air duct market.
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In addition, the outbreak of COVID-19 pandemic has led to enhanced awareness regarding the significance of air circulation and fresh air among consumers. This factor, along with government's aim to build extensive infrastructure would presumably promote market growth.
Classification of the market based on the material comprises polymers, aluminium, galvanized steel, fiberglass, and others. Among these, galvanized steel segment is all set to grow at 3.4% CAGR through 2027, owing to material’s ability to expand & contract as per temperature, prominent usage in ductwork fabrication, and properties like high tensile strength, corrosion resistance, malleability, and flexibility.
Based on the shape criteria, North America air duct market is bifurcated into round, rectangular, and oval. As the report cites, the industry share from round air duct segment is projected to surpass USD 724 million by 2027, attributed to the improved air circulation, along with exceptional acoustic properties. Additionally, round ducts ensure cleaner air quality because of the less potential for smoke & dust gathering within.
When looking at the end-use scope, the market segmentation comprises manufacturing, multiplexes/auditoriums, retail stores & shopping complexes, office spaces, hospitals, hospitality, airports & metros, and others. As mentioned in the report, the hospitals segment is estimated to generate USD 105.2 million by 2027, owing to the surge of chronic diseases among individuals and rising healthcare expenditures. Apparently, air ducts maintain temperature & humidity while guaranteeing germ-free environment in hospitals.
Organizations like DC Duct & Sheet Metal LLC, Sisneros Bros. Mfg., SET Duct Manufacturing Inc., Tin Man Sheet Metal Fabrication LLC, Rubber World Industries LLC, M&M Manufacturing Inc., Deflecto LLC, Turn Key Duct Systems, Novaflex Inc., Zinger Sheet Metal Co., Eastern Sheet Metal Inc., and Thermaflex International are significantly contributing to the growth of North America air duct market.