Europe Air Duct Market

Europe Air Duct Market Size, Share, Growth Analysis, By Shape(Rectangular, Round, Oval), By Application(Office Spaces, Airport & Rapid Transit, Retail Stores & Shopping Complexes, Hospitality), By Material(Galvanized Steel, Aluminum, Fiberglass, Polymers), By Region - Industry Forecast 2024-2031


Report ID: SQMIR20B2067 | Region: Regional | Published Date: February, 2024
Pages: 157 | Tables: 95 | Figures: 76

Europe Air Duct Market Insights

Europe Air Duct Market size was valued at USD 2.16 Billion in 2022 and is poised to grow from USD 2.26 Billion in 2023 to USD 3.21 Billion by 2031, at a CAGR of 4.5% during the forecast period (2024-2031).

The European air duct market is witnessing a steady growth period, which will continue in coming years. The market’s flourishing position can be credited to several factors. The Heating, Ventilation, and Air Conditioning (HVAC) and construction industries are targeting air ventilation solutions that prioritize environmental health and energy efficiency, channeling market innovation and growth.

Additionally, the demand for advanced air duct systems has risen among the household and commercial sectors. This is due to the heightened need for well-ventilated living or seating areas, coupled with the growing awareness of air quality and its effect on human health.

There are other factors that are boosting the demand and adoption of advanced ductwork. Rigid building codes and standards relating to emissions and consumption of energy have driven the need for innovative and green solutions in this market. In response to this trend, market participants are prioritizing the introduction of efficient and ecologically sound solutions. They are making huge investments in the innovation of different materials and designs that can achieve that.

The European air duct market is widely focused in the western region, mainly in the UK and Germany. However, countries in Northern Europe, like Sweden and Denmark are expected to be the fastest growing segments in the market. The countries in the Eastern European region are also raising the bar and contributing tremendously to air duct market growth.

Additionally, the ongoing urbanization and construction activities across Europe are creating opportunities for the expansion of the air duct market, as new buildings require efficient ventilation systems to meet modern living and working standards.

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Europe Air Duct Market size was valued at USD 2.16 Billion in 2022 and is poised to grow from USD 2.26 Billion in 2023 to USD 3.21 Billion by 2031, at a CAGR of 4.5% during the forecast period (2024-2031).

A blend of air duct systems producers and suppliers make up the competitive landscape of the market. The rivaling environment is intense, fueled by the participants continuously striving to meet the increasing demand for better HVAC solutions. 'Systemair AB (Sweden)', 'Domus (Genuit Group) (UK)', 'TROX GmbH (Germany)', 'Airflow Developments Limited (UK)', 'Camfil Group (Sweden)', 'FabricAir (Denmark)', 'ROKAFLEX (Germany)', 'Maschinen- und Apparatebau Hagen GmbH (Germany)', 'Aermec (UK)', 'Aldes Group (France)', 'Verplas Limited (Indutrade) (UK)', 'BerlinerLuft. International (Germany)', 'HAS-Vent Ltd. (England)', 'Nordfab (Denmark)', 'ISOVER (SAINT-GOBAIN) (France)', 'Rega Ventilation (England)', 'Swegon Group (Sweden)', 'Kingspan Group (Ireland)', 'Air Spiralo Group (Netherlands)', 'Lindab (Sweden)'

The global, and European, air duct market, like many others, is heavily influenced by the concentration on growing sustainability and improving energy efficiency. Multiple industries, commercial, and residential settings are demanding HVAC solutions that conserve energy. This is a result of the growing knowledge and awareness of the environmental impact these products have, along with increasing energy costs. Manufacturers are focusing on reducing carbon footprints and complying with stringent energy standards to align with the goal of sustainability. As a result, air duct systems now are designed to reduce heat loss, optimize airflow, and improve overall system efficiency.

Innovation Driven by Energy Efficiency and Sustainability Concerns: The European market for air duct systems is seeing a significant change in the modern times when the economy is placing a heightened focus on achieving good environmental health. Governments are placing strict standards and environmental sustainability requirements on various industries, including the air duct market, due to the rising concerns about the environment. Thus, manufacturers are shifting to designing and producing energy-efficient air duct systems which are ecologically sound. In order to do that, the market producers are looking for ventilation solutions that can align with this trend, making R&D investments to do so. They are targeting innovative solutions that can reduce emissions energy consumption without compromising optimal indoor air quality. Moreover, the HVAC industry is developing dust systems which are incorporated with smart features and use advanced materials in production, prioritizing performance while aiming for a reduced environmental impact.

In the Western part of Europe, the UK and Germany have greatly contributed to the European air duct market. Germany’s strong presence in the market is owed to its consistent focus on energy efficiency and thriving industrial sector. The United Kingdom, particularly areas like London, is also a key player due to its flourishing construction industry.

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Europe Air Duct Market

Report ID: SQMIR20B2067

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