Report overview
Mini-split systems are a type of ductless heating and cooling. In place of delivering conditioned air to the entire residence with a network of air ducts, they heat and cool a single room at a time. This allows more advanced temperature control, increasing comfort and energy efficiency.Mini-splits most closely resemble heat pumps in the way they operate. Both kinds of equipment provide electric cooling, just like an air conditioner. This involves using refrigerant to draw out heat from in a building and issuing that warmth outside. Then, a reversing valve permits the system to run backward, warming your residence in the winter by removing heat from outdoor air and bringing it inside.
This report aims to provide a comprehensive presentation of the global market for Ductless Heating and Cooling Split System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ductless Heating and Cooling Split System. This report contains market size and forecasts of Ductless Heating and Cooling Split System in global, including the following market information:
Global Ductless Heating and Cooling Split System Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Ductless Heating and Cooling Split System Market Sales, 2018-2023, 2024-2032, (Units)
Global top five Ductless Heating and Cooling Split System companies in 2022 (%)
The global Ductless Heating and Cooling Split System market was valued at US$ million in 2022 and is projected to reach US$ million by 2032, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Mini Split System Segment to Reach $ Million by 2032, with a % CAGR in next six years.
The global key manufacturers of Ductless Heating and Cooling Split System include Daikin Industries, Johnson Controls, Carrier, Trane Technologies, LG Electronics, Emerson Electric, Honeywell, Mitsubishi Electric and Nortek Air Management, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Ductless Heating and Cooling Split System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Ductless Heating and Cooling Split System Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (Units)
Global Ductless Heating and Cooling Split System Market Segment Percentages, by Type, 2022 (%)
Mini Split System
Multi Split System
VRF System
Global Ductless Heating and Cooling Split System Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (Units)
Global Ductless Heating and Cooling Split System Market Segment Percentages, by Application, 2022 (%)
Residential Buildings
Commercial Buildings
Industrial Buildings
Global Ductless Heating and Cooling Split System Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (Units)
Global Ductless Heating and Cooling Split System Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Ductless Heating and Cooling Split System revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Ductless Heating and Cooling Split System revenues share in global market, 2022 (%)
Key companies Ductless Heating and Cooling Split System sales in global market, 2018-2023 (Estimated), (Units)
Key companies Ductless Heating and Cooling Split System sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Daikin Industries
Johnson Controls
Carrier
Trane Technologies
LG Electronics
Emerson Electric
Honeywell
Mitsubishi Electric
Nortek Air Management
GREE
Hitachi
Midea
Haier
Samsung
FUJITSU
Outline of Major Chapters:
Chapter 1: Introduces the definition of Ductless Heating and Cooling Split System, market overview.
Chapter 2: Global Ductless Heating and Cooling Split System market size in revenue and volume.
Chapter 3: Detailed analysis of Ductless Heating and Cooling Split System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Ductless Heating and Cooling Split System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global Ductless Heating and Cooling Split System capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
