North America HVAC Air Ducts Market Drivers and Forecasts by 2028

The North America HVAC air ducts market is expected to grow from US$ 2,135.43 million in 2021 to US$ 2,874.11 million by 2028; it is estimated to grow at a CAGR of 4.3% from 2021 to 2028.

The US, Canada, and Mexico are economies in North America. Increasing adoption of green building technology is expected to fuel the North America HVAC air ducts market growth. Green buildings offer a number of economic or financial benefits, which are relevant to a range of different people or groups of people. Green building (GB) constructions seeks to address housing demands of the growing populace with better qualities, energy efficiency, using recycled and recyclable materials, improve building lifespan and health of occupants. The building sector has the largest potential for significantly reducing greenhouse gas emissions compared to other major emitting sectors. This emissions savings potential is said to be as much as 84 gigatonnes of CO2 (GtCO2) by 2050, through direct measures in buildings such as energy efficiency, fuel switching and the use of renewable energy. Over the past few years, the region has been continuously witnessing growth in the number of green buildings across sectors such as residential, commercial, and industrial buildings. For example, according to a US Green Building Council (USGBC) report, the count of green buildings [LEED (Leadership in Energy and Environmental Design)-certified] surpassed 400,000 units in the US. With the rise in the adoption of green buildings in the region, the demand for advanced HVAC systems is also on the rise. The benefits associated with green buildings technology such as greater energy efficiency, lower carbon footprints, and reduced impact on the environment are attracting many residential and commercial sector architects and governments to implement this technology. This factor is catalyzing the demand for HVAC systems, which is subsequently boosting the HVAC air ducts market. In addition, commercial green buildings are seeking an increased volume of eco-friendly HVAC systems to reduce their dependency on petroleum products. The use of geothermal heating and cooling methods is also on the rise. Owing to the rise in demand for geothermal HVAC systems, the HVAC component manufacturers are innovating technologically advanced components including air ducts. This is propelling the growth of the North America HVAC air ducts market.

In case of COVID-19, North America is highly affected specially the US. North America is one of the most prominent regions with respect to the adoption of HVAC air ducts. Demand for HVAC air ducts is relatively high in countries such as the United States, Canada, and Mexico. The US and Canada are among the major markets for HVAC air ducts due to the presence of large-scale electronics & semiconductor, food & beverages, and hospitality industry. The demand was lowered owing to quarantine, business closures and government restrictions. Smartphones industry in the United States experienced a considerable decline in their sales. In electronics industry, HVAC air ducts are widely used to maintain the required temperature of the space. With lower production of electronic gadgets, demand for respective HVAC air ducts also suffered proportionally. Owing to the international travel ban, tourism industry suffered significantly in Mexico as well as Canada. This impacted the sales of HVAC air ducts required at various gyms, hotels, restaurants, theaters, theme parks etc. As per the HARDI (Heating Air-conditioning & Refrigeration Distributors International), the HVAC distributors witnessed about 19% decline in HVAC orders in April 2020 as compared to previous financial year. With lower demand and restrictions of limited workforce at production site, the HVAC air ducts market in the North America is also affected from the supply side.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America HVAC air ducts market. The North America HVAC air ducts market is expected to grow at a good CAGR during the forecast period.

North America HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)

North America HVAC Air Ducts Market Segmentation

North America HVAC Air Ducts Market By Product Type

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

North America HVAC Air Ducts Market By Application

• Commercial
• Residential
• Industrial

North America HVAC Air Ducts Market, by Country

• US
• Canada
• Mexico

North America HVAC Air Ducts Market -Companies Mentioned

• DuctSox
• Hennemuth Metal Fabricators
• Lindab
• M&M Manufacturing
• SetDuct
• TIN MAN SHEET METAL FABRICATION, LLC
• TurnKey Duct Systems
• US Duct
• Waves Aircon Pvt. Ltd.

North America HVAC Air Ducts Report Scope