Report overview
Mini-splits are heating and cooling systems that allow you to control the temperatures in individual rooms or spaces.
Mini-split systems have two main components -- an outdoor compressor/condenser and an indoor air-handling unit(s) (evaporator). They are easy to install usually requiring only a three-inch hole through a wall for the conduit; which houses the power and communication cables, copper tubing, and a condensation drain line, linking the outdoor and indoor units.
This report aims to provide a comprehensive presentation of the global market for Mini-Split Air Conditioners, 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 Mini-Split Air Conditioners. This report contains market size and forecasts of Mini-Split Air Conditioners in global, including the following market information:
Global Mini-Split Air Conditioners Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Mini-Split Air Conditioners Market Sales, 2018-2023, 2024-2032, (Units)
Global top five Mini-Split Air Conditioners companies in 2022 (%)
The global Mini-Split Air Conditioners 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.
Small 1 HP Segment to Reach $ Million by 2032, with a % CAGR in next six years.
The global key manufacturers of Mini-Split Air Conditioners 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 Mini-Split Air Conditioners 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 Mini-Split Air Conditioners Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (Units)
Global Mini-Split Air Conditioners Market Segment Percentages, by Type, 2022 (%)
Small 1 HP
1 HP
Others
Global Mini-Split Air Conditioners Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (Units)
Global Mini-Split Air Conditioners Market Segment Percentages, by Application, 2022 (%)
Residential Buildings
Commercial Buildings
Industrial Buildings
Global Mini-Split Air Conditioners Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (Units)
Global Mini-Split Air Conditioners 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 Mini-Split Air Conditioners revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Mini-Split Air Conditioners revenues share in global market, 2022 (%)
Key companies Mini-Split Air Conditioners sales in global market, 2018-2023 (Estimated), (Units)
Key companies Mini-Split Air Conditioners 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 Mini-Split Air Conditioners, market overview.
Chapter 2: Global Mini-Split Air Conditioners market size in revenue and volume.
Chapter 3: Detailed analysis of Mini-Split Air Conditioners 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 Mini-Split Air Conditioners 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 Mini-Split Air Conditioners 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.
