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Ductless HVAC System-Global Market Insights and Sales Trends 2025
Synopsis
Heating, ventilating, and air conditioning (HVAC) equipment perform heating and/or cooling for residential, commercial, or industrial buildings.
The global Ductless HVAC System market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Ductless HVAC System in various end use industries. The expanding demands from the Residential, Commercial and Industrial,, are propelling Ductless HVAC System market. Cooling Only Split-System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Heat Pump segment is estimated at % CAGR for the next seven-year period.
An HVAC system guarantees maintenance of home temperature and humidity in an economic way, which is not only effective but also takes care of the environment. Split systems are the most standard heating and air conditioning systems. These are traditional types of HVAC systems that provide complete facilities for both inside and outside the building.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Ductless HVAC System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Ductless HVAC System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Ductless HVAC System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Ductless HVAC System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Ductless HVAC System covered in this report include Samsung Electronics, Hitachi, United Technologies Corporation, LG Electronics, Johnson Controls, Mitsubishi Electric Corporation, Whirlpool Corporation, Daikin Industries Ltd and Electrolux, etc.
The global Ductless HVAC System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Samsung Electronics
Hitachi
United Technologies Corporation
LG Electronics
Johnson Controls
Mitsubishi Electric Corporation
Whirlpool Corporation
Daikin Industries Ltd
Electrolux
Trane
Fujitsu
Global Ductless HVAC System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Ductless HVAC System market, Segment by Type:
Cooling Only Split-System
Heat Pump
Chilled Water System
Others
Global Ductless HVAC System market, by Application
Residential
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Ductless HVAC System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Ductless HVAC System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Heating, ventilating, and air conditioning (HVAC) equipment perform heating and/or cooling for residential, commercial, or industrial buildings.
The global Ductless HVAC System market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Ductless HVAC System in various end use industries. The expanding demands from the Residential, Commercial and Industrial,, are propelling Ductless HVAC System market. Cooling Only Split-System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Heat Pump segment is estimated at % CAGR for the next seven-year period.
An HVAC system guarantees maintenance of home temperature and humidity in an economic way, which is not only effective but also takes care of the environment. Split systems are the most standard heating and air conditioning systems. These are traditional types of HVAC systems that provide complete facilities for both inside and outside the building.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Ductless HVAC System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Ductless HVAC System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Ductless HVAC System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Ductless HVAC System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Ductless HVAC System covered in this report include Samsung Electronics, Hitachi, United Technologies Corporation, LG Electronics, Johnson Controls, Mitsubishi Electric Corporation, Whirlpool Corporation, Daikin Industries Ltd and Electrolux, etc.
The global Ductless HVAC System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Samsung Electronics
Hitachi
United Technologies Corporation
LG Electronics
Johnson Controls
Mitsubishi Electric Corporation
Whirlpool Corporation
Daikin Industries Ltd
Electrolux
Trane
Fujitsu
Global Ductless HVAC System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Ductless HVAC System market, Segment by Type:
Cooling Only Split-System
Heat Pump
Chilled Water System
Others
Global Ductless HVAC System market, by Application
Residential
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Ductless HVAC System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Ductless HVAC System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Ductless HVAC System Market Overview
1.1 Ductless HVAC System Product Overview
1.2 Ductless HVAC System Market Segment by Type
1.2.1 Cooling Only Split-System
1.2.2 Heat Pump
1.2.3 Chilled Water System
1.2.4 Others
1.3 Global Ductless HVAC System Market Size by Type
1.3.1 Global Ductless HVAC System Market Size Overview by Type (2018-2029)
1.3.2 Global Ductless HVAC System Historic Market Size Review by Type (2018-2023)
1.3.3 Global Ductless HVAC System Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Ductless HVAC System Sales Breakdown by Type (2018-2023)
1.4.2 Europe Ductless HVAC System Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Ductless HVAC System Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Ductless HVAC System Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Ductless HVAC System Sales Breakdown by Type (2018-2023)
2 Global Ductless HVAC System Market Competition by Company
2.1 Global Top Players by Ductless HVAC System Sales (2018-2023)
2.2 Global Top Players by Ductless HVAC System Revenue (2018-2023)
2.3 Global Top Players by Ductless HVAC System Price (2018-2023)
2.4 Global Top Manufacturers Ductless HVAC System Manufacturing Base Distribution, Sales Area, Product Type
2.5 Ductless HVAC System Market Competitive Situation and Trends
2.5.1 Ductless HVAC System Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Ductless HVAC System Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Ductless HVAC System as of 2022)
2.7 Date of Key Manufacturers Enter into Ductless HVAC System Market
2.8 Key Manufacturers Ductless HVAC System Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Ductless HVAC System Status and Outlook by Region
3.1 Global Ductless HVAC System Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Ductless HVAC System Historic Market Size by Region
3.2.1 Global Ductless HVAC System Sales in Volume by Region (2018-2023)
3.2.2 Global Ductless HVAC System Sales in Value by Region (2018-2023)
3.2.3 Global Ductless HVAC System Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Ductless HVAC System Forecasted Market Size by Region
3.3.1 Global Ductless HVAC System Sales in Volume by Region (2024-2029)
3.3.2 Global Ductless HVAC System Sales in Value by Region (2024-2029)
3.3.3 Global Ductless HVAC System Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Ductless HVAC System by Application
4.1 Ductless HVAC System Market Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.1.3 Industrial
4.2 Global Ductless HVAC System Market Size by Application
4.2.1 Global Ductless HVAC System Market Size Overview by Application (2018-2029)
4.2.2 Global Ductless HVAC System Historic Market Size Review by Application (2018-2023)
4.2.3 Global Ductless HVAC System Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Ductless HVAC System Sales Breakdown by Application (2018-2023)
4.3.2 Europe Ductless HVAC System Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Ductless HVAC System Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Ductless HVAC System Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Ductless HVAC System Sales Breakdown by Application (2018-2023)
5 North America Ductless HVAC System by Country
5.1 North America Ductless HVAC System Historic Market Size by Country
5.1.1 North America Ductless HVAC System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Ductless HVAC System Sales in Volume by Country (2018-2023)
5.1.3 North America Ductless HVAC System Sales in Value by Country (2018-2023)
5.2 North America Ductless HVAC System Forecasted Market Size by Country
5.2.1 North America Ductless HVAC System Sales in Volume by Country (2024-2029)
5.2.2 North America Ductless HVAC System Sales in Value by Country (2024-2029)
6 Europe Ductless HVAC System by Country
6.1 Europe Ductless HVAC System Historic Market Size by Country
6.1.1 Europe Ductless HVAC System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Ductless HVAC System Sales in Volume by Country (2018-2023)
6.1.3 Europe Ductless HVAC System Sales in Value by Country (2018-2023)
6.2 Europe Ductless HVAC System Forecasted Market Size by Country
6.2.1 Europe Ductless HVAC System Sales in Volume by Country (2024-2029)
6.2.2 Europe Ductless HVAC System Sales in Value by Country (2024-2029)
7 Asia-Pacific Ductless HVAC System by Region
7.1 Asia-Pacific Ductless HVAC System Historic Market Size by Region
7.1.1 Asia-Pacific Ductless HVAC System Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Ductless HVAC System Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Ductless HVAC System Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Ductless HVAC System Forecasted Market Size by Region
7.2.1 Asia-Pacific Ductless HVAC System Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Ductless HVAC System Sales in Value by Region (2024-2029)
8 Latin America Ductless HVAC System by Country
8.1 Latin America Ductless HVAC System Historic Market Size by Country
8.1.1 Latin America Ductless HVAC System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Ductless HVAC System Sales in Volume by Country (2018-2023)
8.1.3 Latin America Ductless HVAC System Sales in Value by Country (2018-2023)
8.2 Latin America Ductless HVAC System Forecasted Market Size by Country
8.2.1 Latin America Ductless HVAC System Sales in Volume by Country (2024-2029)
8.2.2 Latin America Ductless HVAC System Sales in Value by Country (2024-2029)
9 Middle East and Africa Ductless HVAC System by Country
9.1 Middle East and Africa Ductless HVAC System Historic Market Size by Country
9.1.1 Middle East and Africa Ductless HVAC System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Ductless HVAC System Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Ductless HVAC System Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Ductless HVAC System Forecasted Market Size by Country
9.2.1 Middle East and Africa Ductless HVAC System Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Ductless HVAC System Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Samsung Electronics
10.1.1 Samsung Electronics Company Information
10.1.2 Samsung Electronics Introduction and Business Overview
10.1.3 Samsung Electronics Ductless HVAC System Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Samsung Electronics Ductless HVAC System Products Offered
10.1.5 Samsung Electronics Recent Development
10.2 Hitachi
10.2.1 Hitachi Company Information
10.2.2 Hitachi Introduction and Business Overview
10.2.3 Hitachi Ductless HVAC System Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Hitachi Ductless HVAC System Products Offered
10.2.5 Hitachi Recent Development
10.3 United Technologies Corporation
10.3.1 United Technologies Corporation Company Information
10.3.2 United Technologies Corporation Introduction and Business Overview
10.3.3 United Technologies Corporation Ductless HVAC System Sales, Revenue and Gross Margin (2018-2023)
10.3.4 United Technologies Corporation Ductless HVAC System Products Offered
10.3.5 United Technologies Corporation Recent Development
10.4 LG Electronics
10.4.1 LG Electronics Company Information
10.4.2 LG Electronics Introduction and Business Overview
10.4.3 LG Electronics Ductless HVAC System Sales, Revenue and Gross Margin (2018-2023)
10.4.4 LG Electronics Ductless HVAC System Products Offered
10.4.5 LG Electronics Recent Development
10.5 Johnson Controls
10.5.1 Johnson Controls Company Information
10.5.2 Johnson Controls Introduction and Business Overview
10.5.3 Johnson Controls Ductless HVAC System Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Johnson Controls Ductless HVAC System Products Offered
10.5.5 Johnson Controls Recent Development
10.6 Mitsubishi Electric Corporation
10.6.1 Mitsubishi Electric Corporation Company Information
10.6.2 Mitsubishi Electric Corporation Introduction and Business Overview
10.6.3 Mitsubishi Electric Corporation Ductless HVAC System Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Mitsubishi Electric Corporation Ductless HVAC System Products Offered
10.6.5 Mitsubishi Electric Corporation Recent Development
10.7 Whirlpool Corporation
10.7.1 Whirlpool Corporation Company Information
10.7.2 Whirlpool Corporation Introduction and Business Overview
10.7.3 Whirlpool Corporation Ductless HVAC System Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Whirlpool Corporation Ductless HVAC System Products Offered
10.7.5 Whirlpool Corporation Recent Development
10.8 Daikin Industries Ltd
10.8.1 Daikin Industries Ltd Company Information
10.8.2 Daikin Industries Ltd Introduction and Business Overview
10.8.3 Daikin Industries Ltd Ductless HVAC System Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Daikin Industries Ltd Ductless HVAC System Products Offered
10.8.5 Daikin Industries Ltd Recent Development
10.9 Electrolux
10.9.1 Electrolux Company Information
10.9.2 Electrolux Introduction and Business Overview
10.9.3 Electrolux Ductless HVAC System Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Electrolux Ductless HVAC System Products Offered
10.9.5 Electrolux Recent Development
10.10 Trane
10.10.1 Trane Company Information
10.10.2 Trane Introduction and Business Overview
10.10.3 Trane Ductless HVAC System Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Trane Ductless HVAC System Products Offered
10.10.5 Trane Recent Development
10.11 Fujitsu
10.11.1 Fujitsu Company Information
10.11.2 Fujitsu Introduction and Business Overview
10.11.3 Fujitsu Ductless HVAC System Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Fujitsu Ductless HVAC System Products Offered
10.11.5 Fujitsu Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Ductless HVAC System Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Ductless HVAC System Industrial Chain Analysis
11.4 Ductless HVAC System Market Dynamics
11.4.1 Ductless HVAC System Industry Trends
11.4.2 Ductless HVAC System Market Drivers
11.4.3 Ductless HVAC System Market Challenges
11.4.4 Ductless HVAC System Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Ductless HVAC System Distributors
12.3 Ductless HVAC System Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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