HVAC Air Ducts Market Size , Share , Trends , Analysis and Forecasts To 2021
Market Research analysts forecast the global HVAC air duct market to grow at a CAGR of 5.25 % during the period 2017-2021 .
According to the report , the growth of the construction industry plays a significant role in boosting the global HVAC air ducts market . New constructions in the residential , commercial , and industrial sectors have increased the demand for HVAC systems , cumulating into demand for HVAC air ducts . Innovations in building design and the increased focus on energy efficiency in buildings have created an opportunity for HVAC air duct manufacturers to expand their foothold in the market .
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Further , the report states that the HVAC market is capital-intensive , which is restricting the greater use of HVAC systems , thus negatively impacting the HVAC air ducts market . HVAC market vendors face difficulty in investing the substantial amounts that the R & D of this equipment requires and in marketing campaigns . Many end-users also struggle to purchase HVAC equipment as it requires high initial investment . In developing countries , especially , the high cost hinders many residential users from buying HVAC equipment such as household furnaces , ACs , and others .
About HVAC Air Ducts
Heating , ventilation , and air conditioning ( HVAC ) is one of the most energy-intensive systems in commercial and residential buildings . Air ducts are conduits or passages used in HVAC to distribute and ventilate air . Supply air , return air , and exhaust air are the needed airflows in an HVAC system that flow through HVAC air ducts . Ducts commonly also deliver ventilation air along with the supply air . As such , air ducts are one method of ensuring acceptable IAQ as well as thermal comfort .
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Covered in this report
The report covers the present scenario and the growth prospects of the global HVAC air ducts market for 2017-2021 . To calculate the market size , the report considers the revenue generated from the sales of HVAC air ducts .