Asia Pacific HVAC Air Ducts Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Sheet Metal Ducts, Flexible Non-Metallic Ducts, Fiberglass Duct Boards, and Others) and Application (Commercial, Residential, and Industrial)

TIPRE00026100 | Pages: 86 | Manufacturing and Construction | Nov 2021 | Type: Regional | Status: Published

The Asia Pacific HVAC air ducts market is expected to grow from US$ 5,901.65 million in 2021 to US$ 7,635.18 million by 2028; it is estimated to grow at a CAGR of 3.7% from 2021 to 2028.

The growing application of geothermal heat pumps (GHP) across residential and commercial buildings is providing lucrative opportunities for HVAC air ducts manufacturers. Geothermal heat pumps are gaining popularity in the market, owing to their highly efficient renewable energy technology, which provides both heating and cooling by using stable temperatures from the earth. A GHP system is a central heating or cooling system that pumps heat to or from the ground. It uses the earth as a heat source (in the winter) or a heat sink (in the summer). This is a technology that is gaining wide acceptance for both residential and commercial buildings. The technology is widely used for heating and cooling for premises, and its wide acceptance in coming years is expected to increase the demand for HVAC air ducts across Asia Pacific.

As per the Organization for Economic Co-operation and Development (OECD), the COVID-19 pandemic significantly affected economies such as India, Australia, and Japan. Due to inadequate health and medicine facilities, government authorities imposed restrictions at production sites. Also, in some nations, the transport of non-essential commodities and goods was restricted. As per the Purchasing Managers' Index surveys, manufacturing indices in Vietnam, Indonesia, and the Philippines fell considerably. Due to movement restrictions, various companies introduced work from home to their employees where it was possible. This impacted the demand for corporate HVAC air ducts severely. In 2021, with more people getting vaccinated and easing of pandemic restrictions, many industries have resumed operations. Therefore, the HVAC air ducts market in Asia Pacific is anticipated to grow promisingly after the pandemic.

Asia Pacific HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific HVAC Air Ducts Market Segmentation
Asia Pacific HVAC Air Ducts Market By Product Type
  • Sheet Metal Ducts
  • Flexible Non-Metallic Ducts
  • Fiberglass Duct Boards
  • Others
Asia Pacific HVAC Air Ducts Market By Application
  • Commercial
  • Residential
  • Industrial
Asia Pacific HVAC Air Ducts Market, by Country
  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
Asia Pacific HVAC Air Ducts Market -Companies Mentioned
  • DuctSox
  • Lindab
  • Waves Aircon Pvt. Ltd.
  • V. K. STEEL
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC HVAC Air Ducts Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia Pacific
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. APAC HVAC Air Ducts Market Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Adoption of Green Building Technology
5.1.2 Surge in Number of Data Centers
5.2 Market Restraints
5.2.1 Intense Competition from Ductless HVAC Systems for Residential Segment
5.3 Market Opportunities
5.3.1 Rising Application of Geothermal Heat Pumps
5.4 Future Trends
5.4.1 Rising Technological Advancements in HVAC Systems
5.5 Impact Analysis of Drivers and Restraints
6. HVAC Air Ducts Market APAC Analysis
6.1 APAC HVAC Air Ducts Market Overview
6.2 APAC HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
7. APAC HVAC Air Ducts Market Analysis By Product Type
7.1 Overview
7.2 APAC HVAC Air Ducts Market Breakdown, By Product Type (2020 and 2028)
7.3 Sheet Metal Ducts
7.3.1 Overview
7.3.2 Sheet Metal Ducts: APAC HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
7.4 Flexible Non-Metallic Ducts
7.4.1 Overview
7.4.2 Flexible Non-Metallic Ducts: APAC HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
7.5 Fiberglass Duct Boards
7.5.1 Overview
7.5.2 Fiberglass Duct Boards: APAC HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: APAC HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
8. APAC HVAC Air Ducts Market Analysis By Application
8.1 Overview
8.2 APAC HVAC Air Ducts Market Breakdown, By Application (2020 and 2028)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: APAC HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
8.4 Commercial
8.4.1 Overview
8.4.2 Commercial: APAC HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
8.5 Industrial
8.5.1 Overview
8.5.2 Industrial: APAC HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
9. APAC HVAC Air Ducts Market Country Analysis
9.1 Asia Pacific: HVAC Air Ducts Market
9.1.1 Asia Pacific: HVAC Air Ducts Market, by Key Country
9.1.1.1 Australia: HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Australia: HVAC Air Ducts Market, by Product Type
9.1.1.1.2 Australia: HVAC Air Ducts Market, By Application
9.1.1.2 China: HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 China: HVAC Air Ducts Market, by Product Type
9.1.1.2.2 China: HVAC Air Ducts Market, By Application
9.1.1.3 India: HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 India: HVAC Air Ducts Market, by Product Type
9.1.1.3.2 India: HVAC Air Ducts Market, By Application
9.1.1.4 Japan: HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Japan: HVAC Air Ducts Market, by Product Type
9.1.1.4.2 Japan: HVAC Air Ducts Market, By Application
9.1.1.5 South Korea: HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 South Korea: HVAC Air Ducts Market, by Product Type
9.1.1.5.2 South Korea: HVAC Air Ducts Market, By Application
9.1.1.6 Rest of Asia Pacific: HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Asia Pacific: HVAC Air Ducts Market, by Product Type
9.1.1.6.2 Rest of Asia Pacific: HVAC Air Ducts Market, By Application
10. APAC HVAC Air Ducts Market - COVID-19 Impact Analysis
10.1 APAC: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Merger and Acquisition
11.3 New Development
12. Company Profiles
12.1 Waves Aircon Pvt. Ltd.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 DuctSox
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Lindab
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 V.K. STEEL
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index

LIST OF TABLES
Table 1. APAC HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Australia: HVAC Air Ducts Market, by Product Type Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia: HVAC Air Ducts Market, By Application Revenue and Forecast to 2028 (US$ Million)
Table 4. China: HVAC Air Ducts Market, by Product Type Revenue and Forecast to 2028 (US$ Million)
Table 5. China: HVAC Air Ducts Market, By Application Revenue and Forecast to 2028 (US$ Million)
Table 6. India: HVAC Air Ducts Market, by Product Type Revenue and Forecast to 2028 (US$ Million)
Table 7. India: HVAC Air Ducts Market, By Application Revenue and Forecast to 2028 (US$ Million)
Table 8. Japan: HVAC Air Ducts Market, by Product Type Revenue and Forecast to 2028 (US$ Million)
Table 9. Japan: HVAC Air Ducts Market, By Application Revenue and Forecast to 2028 (US$ Million)
Table 10. South Korea: HVAC Air Ducts Market, by Product Type Revenue and Forecast to 2028 (US$ Million)
Table 11. South Korea: HVAC Air Ducts Market, By Application Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Asia Pacific: HVAC Air Ducts Market, by Product Type Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Asia Pacific: HVAC Air Ducts Market, By Application Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation


LIST OF FIGURES
Figure 1. APAC HVAC Air Ducts Market Segmentation
Figure 2. APAC HVAC Air Ducts Market Segmentation By Country
Figure 3. APAC HVAC Air Ducts Market Overview
Figure 4. Sheet Metal Ducts Segment Held the Largest Share in 2020
Figure 5. Residential Segment Held the Largest Share in 2020
Figure 6. China Held the Largest Share in 2020
Figure 7. Asia Pacific: PEST Analysis
Figure 8. APAC HVAC Air Ducts Market Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. Impact Analysis of Drivers and Restraints
Figure 11. APAC HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. APAC HVAC Air Ducts Market Breakdown, By Product Type (2020 and 2028)
Figure 13. Sheet Metal Ducts: APAC HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Flexible Non-Metallic Ducts: APAC HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Fiberglass Duct Boards: APAC HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Others: APAC HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. APAC HVAC Air Ducts Market Breakdown, By Application (2020 and 2028)
Figure 18. Residential: APAC HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Commercial: APAC HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Industrial: APAC HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Asia Pacific: HVAC Air Ducts Market Revenue by Country to 2028 (US$ Million)
Figure 22. Asia Pacific: HVAC Air Ducts Market Revenue Share, by Key Country (2020 and 2028)
Figure 23. Australia: HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. China: HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. India: HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Japan: HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. South Korea: HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Rest of Asia Pacific: HVAC Air Ducts Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

1. DuctSox
2. Lindab
3. Waves Aircon Pvt. Ltd.
4. V.K. STEEL
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific HVAC air ducts market. - Highlights key business priorities in order to assist companies to realign their business strategies - The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific HVAC air ducts market, thereby allowing players across the value chain to develop effective long-term strategies - Develop/modify business expansion plans by using substantial growth offering developed and emerging markets - Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the HVAC air ducts market, as well as those hindering it - Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
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