The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Aromatherapy Diffuser market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. Th...
The new report on the Steam Duct Market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2014 – 2018. The study provides projections of the opportunities and shares, both vis-à-vis value (US$Mn/Bn) and volume volume (n units), of various segments in the Steam Duct Market during the forecast period of 2018 – 2027. The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of the Steam Duct Market.
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To offer a comprehensive assessment of opportunities, the study makes a scrutiny of growth prospects in various regions. The key regions comprise the following geographical segments:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
The detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas. Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets. Shares of major regional markets are also presented in the analysis.
Recent Government Regulations to Initiate Code Changes for Steam Duct Systems
Governments have initiated code changes to ensure efficient air circulation and ventilation systems. With respect to commercial buildings, ASHRAE 90.1 that provides standards for energy efficiency with respect to design of buildings. In 2016, ASHRAE 90.1 standards were upgraded to reflect efficient and new technologies. Upgraded ASHRE 90.1 includes standards for steam duct testing and performance testing. ASHRAE 90.1 codes are adopted by International Green Construction Code (IGCC) and also are followed by International Energy Conservation Code (IECC). The amount of duct to be tested and the amount of leakage to be allowed is governed by these codes. With rising trend of green buildings, commercial properties have been using low pressure steam ducts that are energy efficient.
In 2017, Sheet Metal and Air Conditioning Contractors’ National Association (SMACNA) presented an updated version of standards for HVAC duct construction. Its fourth edition covers several updates that radiate innovations taking place impacting the installation, repair and construction of HVAC duct work. For instance, aerosol duct sealing has been introduced, which is a viable substitute for manual and traditional sealing methods.
Increasing Use of Steam Ducts for Room Ventilation and Heating to Trigger Sales of Steam Ducts for Residential Applications
In cold countries, such as Finland, Iceland, Estonia, Russia, Canada and United States, the use of efficient ventilation systems has been observed. Steam ducts for residential purposes essentially mean the integration of steam ducts with home ventilators, wherein steam passes through the duct. With open vents in homes, this steam is supplied to rooms, making the warm. This assembly offers increased efficiency in home heating applications and is gaining wide acceptance. This is expected to trigger sale of steam ducts at a significant rate in the coming years.
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The global Steam Duct Market report answers numerous pertinent questions, some of which are:
- What are some of the latent areas of investments in the Steam Duct Market?
- Which region is expected to emerge as showing the most attractive growth rate during the forecast period and which factors will be crucial to its growth?
- What trends are likely to change the status quo of the positions held by leading players of the Steam Duct Market in the not-so-distant future?
- Which product/service/technology segments holds game-changing potential to dramatically shape the competitive dynamic in the Steam Duct Market?
- What are the strategies adopted by top players to retain their stronghold in the Steam Duct Market?
- Which strategic moves will new entrants adopt to gain a strong foothold in the Steam Duct Market?
How can Fact.MR Make Difference?
- In-depth understanding of key industry trends shaping the present growth dynamics
- Offers value chain analysis and price trend analysis of various offering of competitors
- Offers data-drive decision to help companies decide strategies that need recalibration
- Offers insights into areas in research and development that should attract
- Identifies data outliers before your competitors
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