This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Ductless Heating & Cooling Systems Market

Market Insights on Ductless Heating & Cooling Systems covering sales outlook, demand forecast & up-to-date key trends

Ductless Heating & Cooling Systems Market by Rating, Product Type, End-Use & Region - Forecast 2022 - 2032

Ductless Heating & Cooling Systems Market Outlook (2022-2032)

[309 Pages Report] The global ductless heating & cooling systems market size was estimated to be worth around US$ 98 Bn in 2021 and is forecast to grow at a robust CAGR of 8% between 2022 and 2032, reaching around US$ 228 Bn by 2032. Growth is attributable to the rising demand for energy efficient devices, growing infrastructure development, and rapid expansion of HVAC systems market across developing regions.

Market Outlook:

Data Points

Market Insights

Ductless Heating & Cooling Systems Market Value 2021

USD 98 Bn

Ductless Heating & Cooling Systems Market Value 2026

USD 145 Bn

Ductless Heating & Cooling Systems Market Value 2032

USD 228 Bn

Ductless Heating & Cooling Systems Market Forecast CAGR 2022-2032

8.0%

Key Players

Zoetis, Inc., Thermo fisher scientific, Virbac, Biomerieux SA, Heska Corporation., IDvet, NEOGEN Corporation, QIAGEN N.V., Randox Laboratories Ltd.

As the climatic conditions across the world continue to change drastically, demand for energy efficient systems like ductless heating and cooling systems is set to rise at a healthy pace during the forthcoming years. For instance, as per a report published by NASA, the Intergovernmental Panel on Climate Change (IPCC) has predicted a temperature rise of 2.5 to 10 degrees Fahrenheit over the next century. This will continue to generate growth opportunities in markets like cooling management system market, ductless heating & cooling systems market, and cooling systems market in the future.

Ductless heating and cooling systems are innovative energy systems used across various end use verticals for maintaining temperature. These systems offer various advantages such as easy installation, less operating expenses, greater efficiency, reduced carbon footprint and greater flexibility which makes them ideal alternatives to other heating and cooling solutions.

Demand for ductless heating and cooling systems is especially high in the residential sector where they are used to maintain a specific temperature. Rapid expansion of residential sector due to population explosion, changing lifestyle, and rising disposable income coupled with increasing consumer preference for energy efficient ductless heating and cooling systems will therefore continue to boost ductless heating and cooling systems market growth during the forecast period.

Similarly, emerging HVAC systems market trends such as rising demand for energy efficient and sustainable heating and cooling technologies and introduction of stringent government norms and regulations for reducing greenhouse gas emissions are expected to shape the growth of ductless heating and cooling systems market during the forthcoming years.

Customize this Report

Let us know your requirement to get
100% FREE customization

Sales Analysis of Ductless Heating & Cooling Systems From 2015 To 2021 Vs Market Outlook For 2022 To 2032

The global sales of ductless heating & cooling systems are slated to grow at a CAGR of 8% during the forecast period from 2022 and 2032. Factors such as rising demand for energy efficient heating and cooling systems in residential, commercial and industrial verticals, incorporation of IoT in HVAC systems, growing investments in residential sector across developing countries, rapid expansion of air condition systems market, booming HVAC systems market, and increasing consumer awareness about the benefits of ductless systems are some of the major factors driving growth in the global ductless heating & cooling systems market.

Ductless heating and cooling systems have become suitable temperature management solutions used across residential buildings due to their various attractive features. These systems manage temperature, humidity, and fresh air intake in smart homes without consuming too much energy. They provide highly adaptable heating and cooling solutions for zones and enclosed areas.

Recent advancements in ductless heating and cooling technologies have paved the way for the development of smart ductless heating and cooling systems which are perfect for usage in smart homes. These HVAC systems are incorporated with internet of things which enables access to real-time HVAC system performance data and accurately interprets it. Rising consumer awareness about the benefits of these smart ductless systems will help HVAC systems manufacturers to increase their sales, thereby creating room for the expansion of ductless systems market and ductless heat pump market size.

Similarly, rising consumer preference for smart homes is projected to boost the sales of ductless heating and cooling systems like Lennox HVAC systems during the forecast period.

Additionally, development of ecofriendly refrigerant with low GWP, emerging trends in ductless heating and cooling systems in commercial and residential buildings, and increase in new energy efficient solutions will further boost the sales of ductless heating and cooling systems in the future.

Which Factors are Restraining the Growth of Ductless Heating & Cooling Systems Market?

Although ductless heating and cooling systems are gradually replacing the traditional heating and cooling systems, there are various factors that are challenging the market growth. Some of these factors are the rising environmental concerns due to the massive upsurge in the adoption of ductless heating and cooling systems and a lack of understanding about the benefits of ductless heating and cooling systems across low economies.

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

Country-Wise Insights

What Makes the U.S. a Promising Market for Ductless Heating & Cooling Systems?

“Rising Need for Energy-Efficient and Sustainable Buildings Encouraging Adoption Across the U.S”

The U.S. ductless heating & cooling systems market is forecast to grow at a healthy CAGR over the forecast period, owing to the flourishing HVAC systems market, heavy presence of HVAC systems manufacturers, growing trend of energy-efficient and sustainable buildings, and expansion of ductless heat pumps market size.

Over the last few years, demand for ductless heating and cooling systems has risen at a significant rate due to fluctuations in climatic conditions, changing lifestyle and rapid growth of residential sector. According to the U.S. Energy Information Administration (EIA), space heating and cooling accounts for more than half of all residential energy consumption.

Why is Demand for Ductless Heating and Cooling Rising Across China?

“Rapid Urbanization Creating Demand for Ductless Heating and Cooling Systems in China”

As per FMI, the ductless heating and cooling systems market is China is poised to grow at a relatively higher CAGR over the forecast period, owing to the expansion of residential and industrial sectors, surge in the sales of ductless heat pumps, growing consumer awareness about the recent HVAC systems market tends, and flourishing cooling system market.

Similarly, rising investments by government and private companies in building and construction will further create sales prospects for heating and cooling systems across the country during the forecast period.

Category-Wise Insights

Which is the Top Selling Product Type in the market?

“Demand for Mini-Split Systems to Remain High in the Market”

As per FMI, mini-split system segment is likely to grow at a strong pace during the forecast period. This is attributed to the rising adoption of mini-split ductless heating and cooling systems in residential sector on account of their lower capacity and operating cost. It is estimated that ductless mini-split systems use 60% less energy to heat and 30% less energy to cool than standard room air conditioners.

Similarly, increasing investments in residential sector and expansion of HVAC systems market across emerging economies will further assist the growth of this segment in the future.

Which is the Most Lucrative Application for Ductless Heating & Cooling Systems?

“Most of the Ductless Heating & Cooling Systems Sales to Remain Concentrated in Residential Sector”

Based on application, the residential building segment accounted for the largest revenue share of the global ductless heating & cooling systems market in 2021 and is forecast to grow at a considerable pace during the forecast period.

Booming residential sector worldwide, expansion of HVAC systems market, and rising adoption of energy ductless heating & cooling systems are some of the factors triggering the segment growth.

People throughout the world are showing a keen inclination towards reducing energy consumption in their homes for a sustainable future. According to the U.S. Energy Information Administration (EIA), energy consumed in the buildings sector (which includes residential and commercial end users) accounted for around 20.1% of the total delivered energy consumed worldwide. Thus, rising focus towards minimizing energy consumption in residential sector is likely to encourage the adoption of energy efficient ductless heating and cooling systems in future.

However, with robust expansion of district cooling market and rapid industrialization across emerging economies, demand for ductless heating and cooling systems is expected to rise at a significant pace in commercial and industrial building segments during the assessment period.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Competitive Landscape

Key ductless heating & cooling manufactures include Hitachi Ltd, LG Electronics, Mitsubishi Electric Co, Daikin Industries Ltd, Trane Technology, Johnson Controls, Lennox International Inc., Nortex, and Whirlpool Corporation.

These leading players are increasingly focusing on introducing novel products with better features. Besides this, they have adopted various strategies such as mergers, partnerships, acquisitions, strengthening of distribution channels, and price reduction to gain a competitive edge in the market. For instance,

  • In 2021, Carrier launched new fully communicative ductless heating and cooling products including the 40MAHB indoor unit and 38MARB outdoor unit.
  • In 2021, Durastar, a Ferguson heating and cooling brand launched a new line of mini-split systems on the Power Equipment Direct stores.

Scope of the Report

FMI’s latest analysis examines how drastic change in global temperature is creating space for the growth of ductless heating and cooling systems market. It provides comprehensive details on how market players are innovating to meet the end user demands.

The report is intended to enlighten customers with significant details about market drivers, restraints, prevailing trends, and emerging opportunities. It gives a comprehensive analysis of the overall market dynamics intended to enrich customer experience.

While North America and Europe remain at the epicenter of ductless heating and cooling systems market growth, the report highlights factors that will help Asia Pacific to take over the spotlight during the forecast period.

The study also highlights how growth in radiant heating and cooling systems market is influencing sales prospects of ductless heating & cooling systems. Besides this, impact of flourishing residential and commercial sectors on ductless systems market is being discussed in a detailed manner.

The Ductless Heating & Cooling Systems Market Analysis Includes:

  • A 10-year realistic sales forecast for ductless heating & cooling systems across various end use verticals.
  • Comprehensive information on demand forecasting and sales prospects across 25 countries
  • Market dynamics including drivers, restraints, and emerging opportunities
  • Recent developments and advancements in ductless heating & cooling systems
  • Key insights into leading regional markets and product segments along with their respective shares, growth forecast and market potential.
  • Information about leading ductless heating & cooling systems manufacturers and their growth strategies that allow them to penetrate attractive markets
  • Pricing analysis
  • The winning imperatives in this market
  • Insights into ductless air conditioning market forecast.
  • Interrelationship between HVAC systems market and ductless heating & cooling systems market.

Attribute

Details

Forecast Period

2022-2032

Historic Data Available for

2015-2021

Market Analysis

USD Million for Value

Report Coverage

Market forecast, company share analysis, competition intelligence, DROT analysis, market dynamics and challenges, and strategic growth initiatives

Key Segments Covered

  • Product Type
  • Application
  • Region

Key regions covered

North America

  • US
  • Canada
  • Rest of North America

Latin America

  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America

Western Europe

  • Germany
  • U.K.
  • France
  • Rest of Western Europe

Eastern Europe

  • Russia
  • Spain
  • Rest of Eastern Europe

South Asia Pacific

  • China
  • India
  • Japan
  • Malaysia
  • Thailand
  • Indonesia
  • South Korea
  • Rest of South Asia & Pacific

Middle East & Africa

  • GCC Countries
  • Turkey
  • Israel
  • Rest of MEA

Rest of the World

  • Oceania
  • Africa
  • South America

Application

  • Residential Building
  • Commercial Building
  • Industrial Building

Key companies profiled

Hitachi Ltd, LG Electronics, Mitsubishi Electric Co, Daikin Industries Ltd, Trane Technology, Johnson Controls, Lennox International Inc., Nortex, and Whirlpool Corporation.

Customization & pricing

Available upon request

Ductless Heating & Cooling Systems Market - Key Segments

By Product Type:

  • Split System
  • Mini Split System
  • Multi Split System
  • VRF system
  • Window Air conditioning System

By Application:

  • Residential Building
  • Commercial Building
  • Industrial Building

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Frequently Asked Questions

The global ductless heating and cooling systems market was valued at around US$ 98 Bn in 2021.

As per FMI, ductless heating & cooling systems market is likely to grow at 8% CAGR during the forecast period, totaling over US$ 228 Bn by 2032.

Asia Pacific accounts for the largest share of the global ductless heating & cooling systems market.

Eberspaecher, MAHLE, Calsonic Kansei, Hanon Systems, Keihin, Sanden, Mitsubishi, Valeo SA, and Subros Limited are some prominent players operating in the ductless heating & cooling systems market.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook 

    1.2. Summary of Statistics

    1.3. Key Market Characteristics & Attributes

    1.4. FMI Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy 

    2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment 

    3.1. Risk Assessment 

        3.1.1. COVID-19 Crisis and Impact on Ductless Heating & Cooling Systems Demand

        3.1.2. COVID-19 Impact Benchmark with Previous Crisis 

        3.1.3. Impact on Market Value (US$ Mn)

        3.1.4. Assessment by Key Countries

        3.1.5. Assessment by Key Market Segments

        3.1.6. Action Points and Recommendation for Suppliers

    3.2. Key Trends Impacting the Market

    3.3. Formulation and Product Development Trends

4. Market Background and Foundation Data Points 

    4.1. Global Ductless Heating & Cooling Systems Market (US$ Mn)

    4.2. Ductless Heating & Cooling Systems Market Opportunity Assessment (US$ Mn)

        4.2.1. Total Available Market

        4.2.2. Serviceable Addressable Market

        4.2.3. Serviceable Obtainable Market

    4.3. Market Scenario Forecast 

        4.3.1. Demand in optimistic Scenario

        4.3.2. Demand in Likely Scenario

        4.3.3. Demand in Conservative Scenario 

    4.4. Investment Feasibility Analysis 

        4.4.1. Investment in Established Markets

            4.4.1.1. In Short Term

            4.4.1.2. In Long Term

        4.4.2. Investment in Emerging Markets

            4.4.2.1. In Short Term

            4.4.2.2. In Long Term

    4.5. Forecast Factors - Relevance & Impact 

        4.5.1. Top Companies Historical Growth

        4.5.2. Global Ductless Heating & Cooling Systems Market Growth

        4.5.3. Ductless Heating & Cooling Systems Adoption Rate, By Country

    4.6. Market Dynamics 

        4.6.1. Market Driving Factors and Impact Assessment

        4.6.2. Prominent Market Challenges and Impact Assessment

        4.6.3. Ductless Heating & Cooling Systems Market Opportunities

        4.6.4. Prominent Trends in the Global Market & Their Impact Assessment

5. Key Success Factors 

    5.1. Manufacturers’ Focus on Low Penetration High Growth Markets

    5.2. Banking on with Segments High Incremental Opportunity

    5.3. Peer Benchmarking 

6. Global Ductless Heating & Cooling Systems Market Demand Analysis 2015-2021 and Forecast, 2022-2032

    6.1. Historical Market Analysis, 2015-2021

    6.2. Current and Future Market Projections, 2022-2032

    6.3. Y-o-Y Growth Trend Analysis

7. Global Ductless Heating & Cooling Systems Market Value Analysis 2015-2021 and Forecast, 2022-2032

    7.1. Historical Market Value (US$ Mn) Analysis, 2015-2021

    7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Global Ductless Heating & Cooling Systems Market Analysis 2015-2021 and Forecast 2022-2032, By Type

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ Mn) Analysis By Type, 2015-2021

    8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Type, 2022-2032

        8.3.1. Split System

            8.3.1.1. Mini Split System

            8.3.1.2. Multi Split System

            8.3.1.3. VRF System

        8.3.2. Window Air Conditioning System

    8.4. Market Attractiveness Analysis By Type

9. Global Ductless Heating & Cooling Systems Market Analysis 2015-2021 and Forecast 2022-2032, By Application

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Mn) Analysis By Application, 2015-2021

    9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Application, 2022-2032

        9.3.1. Residential Buildings

        9.3.2. Commercial Buildings

        9.3.3. Industrial Buildings

    9.4. Market Attractiveness Analysis By Application

10. Global Ductless Heating & Cooling Systems Market Analysis 2015-2021 and Forecast 2022-2032, By Region

    10.1. Introduction

    10.2. Historical Market Size (US$ Mn) Analysis By Region, 2015-2021

    10.3. Current Market Size (US$ Mn) & Analysis and Forecast By Region, 2022-2032

        10.3.1. North America

        10.3.2. Latin America

        10.3.3. Europe

        10.3.4. Asia Pacific 

        10.3.5. Middle East and Africa (MEA)

    10.4. Market Attractiveness Analysis By Region

11. North America Ductless Heating & Cooling Systems Market Analysis 2015-2021 and Forecast 2022-2032

    11.1. Introduction

    11.2. Pricing Analysis

    11.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    11.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        11.4.1. By Country

            11.4.1.1. U.S.

            11.4.1.2. Canada

            11.4.1.3. Rest of North America

        11.4.2. By Type

        11.4.3. By Application

    11.5. Market Attractiveness Analysis

        11.5.1. By Country

        11.5.2. By Type

        11.5.3. By Application

12. Latin America Ductless Heating & Cooling Systems Market Analysis 2015-2021 and Forecast 2022-2032

    12.1. Introduction

    12.2. Pricing Analysis

    12.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    12.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        12.4.1. By Country

            12.4.1.1. Brazil

            12.4.1.2. Mexico

            12.4.1.3. Rest of Latin America

        12.4.2. By Type

        12.4.3. By Application

    12.5. Market Attractiveness Analysis

        12.5.1. By Country

        12.5.2. By Type

        12.5.3. By Application

13. Europe Ductless Heating & Cooling Systems Market Analysis 2015-2021 and Forecast 2022-2032

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    13.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        13.4.1. By Country

            13.4.1.1. Germany

            13.4.1.2. France

            13.4.1.3. U.K.

            13.4.1.4. Italy

            13.4.1.5. Benelux

            13.4.1.6. Nordic Countries

            13.4.1.7. Rest of Europe

        13.4.2. By Type

        13.4.3. By Application

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Type

        13.5.3. By Application

14. Asia Pacific Ductless Heating & Cooling Systems Market Analysis 2015-2021 and Forecast 2022-2032

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    14.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        14.4.1. By Country

            14.4.1.1. China

            14.4.1.2. Japan

            14.4.1.3. South Korea

            14.4.1.4. Rest of Asia Pacific

        14.4.2. By Type

        14.4.3. By Application

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Type

        14.5.3. By Application

15. Middle East and Africa Ductless Heating & Cooling Systems Market Analysis 2015-2021 and Forecast 2022-2032

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021

    15.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032

        15.4.1. By Country

            15.4.1.1. GCC Countries

            15.4.1.2. South Africa

            15.4.1.3. Turkey

            15.4.1.4. Rest of Middle East and Africa

        15.4.2. By Type

        15.4.3. By Application

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Type

        15.5.3. By Application

16. Key Countries Ductless Heating & Cooling Systems Market Analysis 2015-2021 and Forecast 2022-2032

    16.1. Introduction

        16.1.1. Market Value Proportion Analysis, By Key Countries

        16.1.2. Global Vs. Country Growth Comparison

    16.2. US Ductless Heating & Cooling Systems Market Analysis

        16.2.1. Value Proportion Analysis by Market Taxonomy

        16.2.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            16.2.2.1. By Type

            16.2.2.2. By Application

    16.3. Canada Ductless Heating & Cooling Systems Market Analysis

        16.3.1. Value Proportion Analysis by Market Taxonomy

        16.3.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            16.3.2.1. By Type

            16.3.2.2. By Application

    16.4. Mexico Ductless Heating & Cooling Systems Market Analysis

        16.4.1. Value Proportion Analysis by Market Taxonomy

        16.4.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            16.4.2.1. By Type

            16.4.2.2. By Application

    16.5. Brazil Ductless Heating & Cooling Systems Market Analysis

        16.5.1. Value Proportion Analysis by Market Taxonomy

        16.5.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            16.5.2.1. By Type

            16.5.2.2. By Application

    16.6. Germany Ductless Heating & Cooling Systems Market Analysis

        16.6.1. Value Proportion Analysis by Market Taxonomy

        16.6.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            16.6.2.1. By Type

            16.6.2.2. By Application

    16.7. France Ductless Heating & Cooling Systems Market Analysis

        16.7.1. Value Proportion Analysis by Market Taxonomy

        16.7.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            16.7.2.1. By Type

            16.7.2.2. By Application

    16.8. Italy Ductless Heating & Cooling Systems Market Analysis

        16.8.1. Value Proportion Analysis by Market Taxonomy

        16.8.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            16.8.2.1. By Type

            16.8.2.2. By Application

    16.9. BENELUX Ductless Heating & Cooling Systems Market Analysis

        16.9.1. Value Proportion Analysis by Market Taxonomy

        16.9.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            16.9.2.1. By Type

            16.9.2.2. By Application

    16.10. UK Ductless Heating & Cooling Systems Market Analysis

        16.10.1. Value Proportion Analysis by Market Taxonomy

        16.10.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            16.10.2.1. By Type

            16.10.2.2. By Application

    16.11. Nordic Countries Ductless Heating & Cooling Systems Market Analysis

        16.11.1. Value Proportion Analysis by Market Taxonomy

        16.11.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            16.11.2.1. By Type

            16.11.2.2. By Application

    16.12. China Ductless Heating & Cooling Systems Market Analysis

        16.12.1. Value Proportion Analysis by Market Taxonomy

        16.12.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            16.12.2.1. By Type

            16.12.2.2. By Application

    16.13. Japan Ductless Heating & Cooling Systems Market Analysis

        16.13.1. Value Proportion Analysis by Market Taxonomy

        16.13.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            16.13.2.1. By Type

            16.13.2.2. By Application

    16.14. South Korea Ductless Heating & Cooling Systems Market Analysis

        16.14.1. Value Proportion Analysis by Market Taxonomy

        16.14.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            16.14.2.1. By Type

            16.14.2.2. By Application

    16.15. GCC Countries Ductless Heating & Cooling Systems Market Analysis

        16.15.1. Value Proportion Analysis by Market Taxonomy

        16.15.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            16.15.2.1. By Type

            16.15.2.2. By Application

    16.16. South Africa Ductless Heating & Cooling Systems Market Analysis

        16.16.1. Value Proportion Analysis by Market Taxonomy

        16.16.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            16.16.2.1. By Type

            16.16.2.2. By Application

    16.17. Turkey Ductless Heating & Cooling Systems Market Analysis

        16.17.1. Value Proportion Analysis by Market Taxonomy

        16.17.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032

            16.17.2.1. By Type

            16.17.2.2. By Application

        16.17.3. Competition Landscape and Player Concentration in the Country

17. Market Structure Analysis

    17.1. Market Analysis by Tier of Companies 

    17.2. Market Concentration

    17.3. Market Share Analysis of Top Players

    17.4. Market Presence Analysis

        17.4.1. By Regional footprint of Players

        17.4.2. Product footprint by Players

18. Competition Analysis

    18.1. Competition Dashboard

    18.2. Competition Benchmarking

    18.3. Competition Deep Dive 

        18.3.1. SAMSUNG ELECTRONICS CO., LTD

            18.3.1.1. Overview

            18.3.1.2. Product Portfolio

            18.3.1.3. Sales Footprint

            18.3.1.4. Strategy Overview

        18.3.2. HITACHI LTD.

            18.3.2.1. Overview

            18.3.2.2. Product Portfolio

            18.3.2.3. Sales Footprint

            18.3.2.4. Strategy Overview

        18.3.3. LG ELECTRONICS

            18.3.3.1. Overview

            18.3.3.2. Product Portfolio

            18.3.3.3. Sales Footprint

            18.3.3.4. Strategy Overview

        18.3.4. MITSUBISHI ELECTRIC CORPORATION

            18.3.4.1. Overview

            18.3.4.2. Product Portfolio

            18.3.4.3. Sales Footprint

            18.3.4.4. Strategy Overview

        18.3.5. DAIKIN INDUSTRIES LTD

            18.3.5.1. Overview

            18.3.5.2. Product Portfolio

            18.3.5.3. Sales Footprint

            18.3.5.4. Strategy Overview

        18.3.6. TRANE TECHNOLOGIES

            18.3.6.1. Overview

            18.3.6.2. Product Portfolio

            18.3.6.3. Sales Footprint

            18.3.6.4. Strategy Overview

        18.3.7. JOHNSON CONTROLS

            18.3.7.1. Overview

            18.3.7.2. Product Portfolio

            18.3.7.3. Sales Footprint

            18.3.7.4. Strategy Overview

        18.3.8. LENNOX INTERNATIONAL INC.

            18.3.8.1. Overview

            18.3.8.2. Product Portfolio

            18.3.8.3. Sales Footprint

            18.3.8.4. Strategy Overview

        18.3.9. NORTEK

            18.3.9.1. Overview

            18.3.9.2. Product Portfolio

            18.3.9.3. Sales Footprint

            18.3.9.4. Strategy Overview

        18.3.10. WHIRLPOOL CORPORATION

            18.3.10.1. Overview

            18.3.10.2. Product Portfolio

            18.3.10.3. Sales Footprint

            18.3.10.4. Strategy Overview

19. Assumptions and Acronyms Used

20. Research Methodology

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

Table 1: Global Ductless Heating & Cooling Systems Market Value (US$ Mn), By Type, 2015 – 2021

Table 2: Global Ductless Heating & Cooling Systems Market Value (US$ Mn), By Type, 2022 – 2032

Table 3: Global Ductless Heating & Cooling Systems Market Value (US$ Mn), By Application, 2015 – 2021

Table 4: Global Ductless Heating & Cooling Systems Market Value (US$ Mn), By Application, 2022 – 2032

Table 5: Global Ductless Heating & Cooling Systems Market, By Region, 2015 – 2021

Table 6: Global Ductless Heating & Cooling Systems Market, By Region, 2022 – 2032

Table 7: North America Ductless Heating & Cooling Systems Market Value (US$ Mn), By Type, 2015 – 2021

Table 8: North America Ductless Heating & Cooling Systems Market Value (US$ Mn), By Type, 2022 – 2032

Table 9: North America Ductless Heating & Cooling Systems Market Value (US$ Mn), By Application, 2015 – 2021

Table 10: North America Ductless Heating & Cooling Systems Market Value (US$ Mn), By Application, 2022 – 2032

Table 11: North America Ductless Heating & Cooling Systems Market, By Country, 2015 – 2021

Table 12: North America Ductless Heating & Cooling Systems Market, By Country, 2022 – 2032

Table 13: Latin America Ductless Heating & Cooling Systems Market Value (US$ Mn), By Type, 2015 – 2021

Table 14: Latin America Ductless Heating & Cooling Systems Market Value (US$ Mn), By Type, 2022 – 2032

Table 15: Latin America Ductless Heating & Cooling Systems Market Value (US$ Mn), By Application, 2015 – 2021

Table 16: Latin America Ductless Heating & Cooling Systems Market Value (US$ Mn), By Application, 2022 – 2032

Table 17: Latin America Ductless Heating & Cooling Systems Market, By Country, 2015 – 2021

Table 18: Latin America Ductless Heating & Cooling Systems Market, By Country, 2022 – 2032

Table 19: Europe Ductless Heating & Cooling Systems Market Value (US$ Mn), By Type, 2015 – 2021

Table 20: Europe Ductless Heating & Cooling Systems Market Value (US$ Mn), By Type, 2022 – 2032

Table 21: Europe Ductless Heating & Cooling Systems Market Value (US$ Mn), By Application, 2015 – 2021

Table 22: Europe Ductless Heating & Cooling Systems Market Value (US$ Mn), By Application, 2022 – 2032

Table 23: Europe Ductless Heating & Cooling Systems Market, By Country, 2015 – 2021

Table 24: Europe Ductless Heating & Cooling Systems Market, By Country, 2022 – 2032

Table 25: Asia Pacific Ductless Heating & Cooling Systems Market Value (US$ Mn), By Type, 2015 – 2021

Table 26: Asia Pacific Ductless Heating & Cooling Systems Market Value (US$ Mn), By Type, 2022 – 2032

Table 27: Asia Pacific Ductless Heating & Cooling Systems Market Value (US$ Mn), By Application, 2015 – 2021

Table 28: Asia Pacific Ductless Heating & Cooling Systems Market Value (US$ Mn), By Application, 2022 – 2032

Table 29: Asia Pacific Ductless Heating & Cooling Systems Market, By Country, 2015 – 2021

Table 30: Asia Pacific Ductless Heating & Cooling Systems Market, By Country, 2022 – 2032

Table 31: MEA Ductless Heating & Cooling Systems Market Value (US$ Mn), By Type, 2015 – 2021

Table 32: MEA Ductless Heating & Cooling Systems Market Value (US$ Mn), By Type, 2022 – 2032

Table 33: MEA Ductless Heating & Cooling Systems Market Value (US$ Mn), By Application, 2015 – 2021

Table 34: MEA Ductless Heating & Cooling Systems Market Value (US$ Mn), By Application, 2022 – 2032

Table 35: MEA Ductless Heating & Cooling Systems Market, By Country, 2015 – 2021

Table 36: MEA Ductless Heating & Cooling Systems Market, By Country, 2022 – 2032

Table 37: Global Ductless Heating & Cooling Systems Market Incremental $ Opportunity, By Type, 2015 - 2021

Table 38: Global Ductless Heating & Cooling Systems Market Incremental $ Opportunity, By Application, 2022 – 2032

Table 39: Global Ductless Heating & Cooling Systems Market Incremental $ Opportunity, By Region, 2022 – 2032

Table 40: North America Ductless Heating & Cooling Systems Market Incremental $ Opportunity, By Type, 2015 - 2021

Table 41: North America Ductless Heating & Cooling Systems Market Incremental $ Opportunity, By Application, 2022 – 2032

Table 42: North America Ductless Heating & Cooling Systems Market Incremental $ Opportunity, By Country, 2022 – 2032

Table 43: Latin America Ductless Heating & Cooling Systems Market Incremental $ Opportunity, By Type, 2015 - 2021

Table 44: Latin America Ductless Heating & Cooling Systems Market Incremental $ Opportunity, By Application, 2022 – 2032

Table 45: Latin America Ductless Heating & Cooling Systems Market Incremental $ Opportunity, By Country, 2022 – 2032

Table 46: Europe Ductless Heating & Cooling Systems Market Incremental $ Opportunity, By Type, 2015 - 2021

Table 47: Europe Ductless Heating & Cooling Systems Market Incremental $ Opportunity, By Application, 2022 – 2032

Table 48: Europe Ductless Heating & Cooling Systems Market Incremental $ Opportunity, By Country, 2022 - 2032

Table 49: Asia Pacific Ductless Heating & Cooling Systems Market Incremental $ Opportunity, By Type, 2015 - 2021

Table 50: Asia Pacific Ductless Heating & Cooling Systems Market Incremental $ Opportunity, By Application, 2022 – 2032

Table 51: Asia Pacific Ductless Heating & Cooling Systems Market Incremental $ Opportunity, By Country, 2022 – 2032

Table 52: MEA Ductless Heating & Cooling Systems Market Incremental $ Opportunity, By Type, 2015 - 2021

Table 53: MEA Ductless Heating & Cooling Systems Market Incremental $ Opportunity, By Application, 2022 – 2032

Table 54: MEA Ductless Heating & Cooling Systems Market Incremental $ Opportunity, By Country, 2022 - 2032

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst
List of Charts

Figure 1: Global Ductless Heating & Cooling Systems Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 2: Global Ductless Heating & Cooling Systems Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn

Figure 3: Global Ductless Heating & Cooling Systems Market Share, By Type, 2022 & 2032

Figure 4: Global Ductless Heating & Cooling Systems Market Y-o-Y Growth Projections, By Type – 2022-2032

Figure 5: Global Ductless Heating & Cooling Systems Market Attractiveness Index, By Type – 2022-2032

Figure 6: Global Ductless Heating & Cooling Systems Market Share, By Application, 2022 & 2032

Figure 7: Global Ductless Heating & Cooling Systems Market Y-o-Y Growth Projections, By Application – 2022-2032

Figure 8: Global Ductless Heating & Cooling Systems Market Attractiveness Index, By Application – 2022-2032

Figure 9: Global Ductless Heating & Cooling Systems Market Share, By Region, 2022 & 2032

Figure 10: Global Ductless Heating & Cooling Systems Market Y-o-Y Growth Projections, By Region – 2022-2032

Figure 11: Global Ductless Heating & Cooling Systems Market Attractiveness Index, By Region – 2022-2032

Figure 12: North America Ductless Heating & Cooling Systems Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 13: North America Ductless Heating & Cooling Systems Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn

Figure 14: North America Ductless Heating & Cooling Systems Market Share, By Type, 2022 & 2032

Figure 15: North America Ductless Heating & Cooling Systems Market Y-o-Y Growth Projections, By Type – 2022-2032

Figure 16: North America Ductless Heating & Cooling Systems Market Attractiveness Index, By Type – 2022-2032

Figure 17: North America Ductless Heating & Cooling Systems Market Share, By Application, 2022 & 2032

Figure 18: North America Ductless Heating & Cooling Systems Market Y-o-Y Growth Projections, By Application – 2022-2032

Figure 19: North America Ductless Heating & Cooling Systems Market Attractiveness Index, By Application – 2022-2032

Figure 20: North America Ductless Heating & Cooling Systems Market Share, By Country, 2022 & 2032

Figure 21: North America Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 22: North America Market Attractiveness Index, By Country – 2022-2032

Figure 23: Latin America Ductless Heating & Cooling Systems Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 24: Latin America Ductless Heating & Cooling Systems Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn

Figure 25: Latin America Ductless Heating & Cooling Systems Market Share, By Type, 2022 & 2032

Figure 26: Latin America Ductless Heating & Cooling Systems Market Y-o-Y Growth Projections, By Type – 2022-2032

Figure 27: Latin America Ductless Heating & Cooling Systems Market Attractiveness Index, By Type – 2022-2032

Figure 28: Latin America Ductless Heating & Cooling Systems Market Share, By Application, 2022 & 2032

Figure 29: Latin America Ductless Heating & Cooling Systems Market Y-o-Y Growth Projections, By Application – 2022-2032

Figure 30: Latin America Ductless Heating & Cooling Systems Market Attractiveness Index, By Application – 2022-2032

Figure 31: Latin America Ductless Heating & Cooling Systems Market Share, By Country, 2022 & 2032

Figure 32: Latin America Ductless Heating & Cooling Systems Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 33: Latin America Ductless Heating & Cooling Systems Market Attractiveness Index, By Country – 2022-2032

Figure 34: Europe Ductless Heating & Cooling Systems Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 35: Europe Ductless Heating & Cooling Systems Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn

Figure 36: Europe Ductless Heating & Cooling Systems Market Share, By Type, 2022 & 2032

Figure 37: Europe Ductless Heating & Cooling Systems Market Y-o-Y Growth Projections, By Type – 2022-2032

Figure 38: Europe Ductless Heating & Cooling Systems Market Attractiveness Index, By Type – 2022-2032

Figure 39: Europe Ductless Heating & Cooling Systems Market Share, By Application, 2022 & 2032

Figure 40: Europe Ductless Heating & Cooling Systems Market Y-o-Y Growth Projections, By Application – 2022-2032

Figure 41: Europe Ductless Heating & Cooling Systems Market Attractiveness Index, By Application – 2022-2032

Figure 42: Europe Ductless Heating & Cooling Systems Market Share, By Country, 2022 & 2032

Figure 43: Europe Ductless Heating & Cooling Systems Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 44: Europe Ductless Heating & Cooling Systems Market Attractiveness Index, By Country – 2022-2032

Figure 45: MEA Ductless Heating & Cooling Systems Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 46: MEA Ductless Heating & Cooling Systems Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn

Figure 47: MEA Ductless Heating & Cooling Systems Market Share, By Type, 2022 & 2032

Figure 48: MEA Ductless Heating & Cooling Systems Market Y-o-Y Growth Projections, By Type – 2022-2032

Figure 49: MEA Ductless Heating & Cooling Systems Market Attractiveness Index, By Type – 2022-2032

Figure 50: MEA Ductless Heating & Cooling Systems Market Share, By Application, 2022 & 2032

Figure 51: MEA Ductless Heating & Cooling Systems Market Y-o-Y Growth Projections, By Application – 2022-2032

Figure 52: MEA Ductless Heating & Cooling Systems Market Attractiveness Index, By Application – 2022-2032

Figure 53: MEA Ductless Heating & Cooling Systems Market Share, By Country, 2022 & 2032

Figure 54: MEA Ductless Heating & Cooling Systems Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 55: MEA Ductless Heating & Cooling Systems Market Attractiveness Index, By Country – 2022-2032

Figure 56: Asia Pacific Ductless Heating & Cooling Systems Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032

Figure 57: Asia Pacific Ductless Heating & Cooling Systems Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn

Figure 58: Asia Pacific Ductless Heating & Cooling Systems Market Share, By Type, 2022 & 2032

Figure 59: Asia Pacific Ductless Heating & Cooling Systems Market Y-o-Y Growth Projections, By Type – 2022-2032

Figure 60: Asia Pacific Ductless Heating & Cooling Systems Market Attractiveness Index, By Type – 2022-2032

Figure 61: Asia Pacific Ductless Heating & Cooling Systems Market Share, By Application, 2022 & 2032

Figure 62: Asia Pacific Ductless Heating & Cooling Systems Market Y-o-Y Growth Projections, By Application – 2022-2032

Figure 63: Asia Pacific Ductless Heating & Cooling Systems Market Attractiveness Index, By Application – 2022-2032

Figure 64: Asia Pacific Ductless Heating & Cooling Systems Market Share, By Country, 2022 & 2032

Figure 65: Asia Pacific Ductless Heating & Cooling Systems Market Y-o-Y Growth Projections, By Country – 2022-2032

Figure 66: Asia Pacific Ductless Heating & Cooling Systems Market Attractiveness Index, By Country – 2022-2032

Figure 67: US Ductless Heating & Cooling Systems Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 68: US Ductless Heating & Cooling Systems Market Share, By Type, 2021

Figure 69: US Ductless Heating & Cooling Systems Market Share, By Application, 2021

Figure 70: Canada Ductless Heating & Cooling Systems Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 71: Canada Ductless Heating & Cooling Systems Market Share, By Type, 2021

Figure 72: Canada Ductless Heating & Cooling Systems Market Share, By Application, 2021

Figure 73: Brazil Ductless Heating & Cooling Systems Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 74: Brazil Ductless Heating & Cooling Systems Market Share, By Type, 2021

Figure 75: Brazil Ductless Heating & Cooling Systems Market Share, By Application, 2021

Figure 76: Mexico Ductless Heating & Cooling Systems Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 77: Mexico Ductless Heating & Cooling Systems Market Share, By Type, 2021

Figure 78: Mexico Ductless Heating & Cooling Systems Market Share, By Application, 2021

Figure 79: Germany Ductless Heating & Cooling Systems Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 80: Germany Ductless Heating & Cooling Systems Market Share, By Type, 2021

Figure 81: Germany Ductless Heating & Cooling Systems Market Share, By Application, 2021

Figure 82: U.K. Ductless Heating & Cooling Systems Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 83: U.K. Ductless Heating & Cooling Systems Market Share, By Type, 2021

Figure 84: U.K. Ductless Heating & Cooling Systems Market Share, By Application, 2021

Figure 85: France Ductless Heating & Cooling Systems Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 86: France Ductless Heating & Cooling Systems Market Share, By Type, 2021

Figure 87: France Ductless Heating & Cooling Systems Market Share, By Application, 2021

Figure 88: Italy Ductless Heating & Cooling Systems Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 89: Italy Ductless Heating & Cooling Systems Market Share, By Type, 2021

Figure 90: Italy Ductless Heating & Cooling Systems Market Share, By Application, 2021

Figure 91: BENELUX Ductless Heating & Cooling Systems Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 92: BENELUX Ductless Heating & Cooling Systems Market Share, By Type, 2021

Figure 93: BENELUX Ductless Heating & Cooling Systems Market Share, By Application, 2021

Figure 94: Nordic Countries Ductless Heating & Cooling Systems Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 95: Nordic Countries Ductless Heating & Cooling Systems Market Share, By Type, 2021

Figure 96: Nordic Countries Ductless Heating & Cooling Systems Market Share, By Application, 2021

Figure 97: China Ductless Heating & Cooling Systems Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 98: China Ductless Heating & Cooling Systems Market Share, By Type, 2021

Figure 99: China Ductless Heating & Cooling Systems Market Share, By Application, 2021

Figure 100: Japan Ductless Heating & Cooling Systems Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 101: Japan Ductless Heating & Cooling Systems Market Share, By Type, 2021

Figure 102: Japan Ductless Heating & Cooling Systems Market Share, By Application, 2021

Figure 103: South Korea Ductless Heating & Cooling Systems Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 104: South Korea Ductless Heating & Cooling Systems Market Share, By Type, 2021

Figure 105: South Korea Ductless Heating & Cooling Systems Market Share, By Application, 2021

Figure 106: GCC Countries Ductless Heating & Cooling Systems Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 107: GCC Countries Ductless Heating & Cooling Systems Market Share, By Type, 2021

Figure 108: GCC Countries Ductless Heating & Cooling Systems Market Share, By Application, 2021

Figure 109: South Africa Ductless Heating & Cooling Systems Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 110: South Africa Ductless Heating & Cooling Systems Market Share, By Type, 2021

Figure 111: South Africa Ductless Heating & Cooling Systems Market Share, By Application, 2021

Figure 112: Turkey Ductless Heating & Cooling Systems Market Value (US$ Mn) and Forecast, 2022 - 2032

Figure 113: Turkey Ductless Heating & Cooling Systems Market Share, By Type, 2021

Figure 114: Turkey Ductless Heating & Cooling Systems Market Share, By Application, 2021

Need specific information?

Request Customization

Explore Industrial Automation Insights

View Reports

Recommendations

Industrial Automation

Ductless Heating & Cooling Systems Market

Published : February 2022

Industrial Automation

Radiant Heating And Cooling Systems Market

Published : May 2017

Industrial Automation

In-Chassis Cooling Market

Published : October 2016

Industrial Automation

Cooling Management System Market

Published : October 2016

Google translate

Ductless Heating & Cooling Systems Market