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Global Ductless Heating & Cooling Systems Market by Type (Split System, VRF System, Window Air Conditioning System), Zone (Multi-Zone, Single Zone), Installation Type, Application - Forecast 2024-2030

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    Report

  • 191 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5570882
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The Ductless Heating & Cooling Systems Market size was estimated at USD 125.94 billion in 2023, USD 137.01 billion in 2024, and is expected to grow at a CAGR of 8.88% to reach USD 228.48 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Ductless Heating & Cooling Systems Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Ductless Heating & Cooling Systems Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Ductless Heating & Cooling Systems Market, highlighting leading vendors and their innovative profiles. These include Carrier Global Corporation, Daikin Industries Ltd, Denso Corporation, Fujitsu General Limited, Hitachi Ltd., Honeywell International Inc., Keihin Corporation, Lennox International Inc., MAHLE GmbH, Mitsubishi Electric Corporation, Nortek Holdings Inc, Panasonic Corporation, Parker Davis Hvac International Inc., Samsung Electronics Co., Ltd, Sanden Holdings Corporation, Subros Limited, Trane Technologies Plc, and Watsco Inc.

Market Segmentation & Coverage

This research report categorizes the Ductless Heating & Cooling Systems Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Type
    • Split System
      • Mini-Split System
      • Multi-Split System
    • VRF System
    • Window Air Conditioning System
  • Zone
    • Multi-Zone
    • Single Zone
  • Installation Type
    • New Installations
    • Retrofitting
  • Application
    • Commercial Buildings
    • Industrial Buildings
    • Residential Buildings
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Ductless Heating & Cooling Systems Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Ductless Heating & Cooling Systems Market?
  3. What are the technology trends and regulatory frameworks in the Ductless Heating & Cooling Systems Market?
  4. What is the market share of the leading vendors in the Ductless Heating & Cooling Systems Market?
  5. Which modes and strategic moves are suitable for entering the Ductless Heating & Cooling Systems Market?

 

Additional Product Information:

  • Purchase of this report includes 1 year online access with quarterly updates
  • This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website

Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report

Purchase of this report includes 1 year online access with quarterly updates

Purchase of this report includes 1 year online access with quarterly updates

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Ductless Heating & Cooling Systems Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Demand for energy-efficient heating & cooling system
5.1.1.2. VRF system adoption for commercial HVAC requirements
5.1.1.3. Added advantage of HSPF to provide improved performance in colder climates
5.1.1.4. Ductless mini-split heat pumps based solar power systems
5.1.2. Restraints
5.1.2.1. Increased cost for regular maintenance and limited heating options
5.1.3. Opportunities
5.1.3.1. High penetration of IoT based smart heating & cooling systems
5.1.3.2. Surging investments in commercial and industrial buildings
5.1.3.3. Rising requirements for environmentally responsible ductless heat pumps
5.1.4. Challenges
5.1.4.1. Availability of alternative existing/conventional heating & cooling system
5.1.4.2. Limited awareness of systems in developing or low economic countries
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Ductless Heating & Cooling Systems Market, by Type
6.1. Introduction
6.2. Split System
6.3.1. Mini-Split System
6.3.2. Multi-Split System
6.3. VRF System
6.4. Window Air Conditioning System
7. Ductless Heating & Cooling Systems Market, by Zone
7.1. Introduction
7.2. Multi-Zone
7.3. Single Zone
8. Ductless Heating & Cooling Systems Market, by Installation Type
8.1. Introduction
8.2. New Installations
8.3. Retrofitting
9. Ductless Heating & Cooling Systems Market, by Application
9.1. Introduction
9.2. Commercial Buildings
9.3. Industrial Buildings
9.4. Residential Buildings
10. Americas Ductless Heating & Cooling Systems Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Ductless Heating & Cooling Systems Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Ductless Heating & Cooling Systems Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Carrier Global Corporation
14.1.2. Daikin Industries Ltd
14.1.3. Denso Corporation
14.1.4. Fujitsu General Limited
14.1.5. Hitachi Ltd.
14.1.6. Honeywell International Inc.
14.1.7. Keihin Corporation
14.1.8. Lennox International Inc.
14.1.9. MAHLE GmbH
14.1.10. Mitsubishi Electric Corporation
14.1.11. Nortek Holdings Inc
14.1.12. Panasonic Corporation
14.1.13. Parker Davis Hvac International Inc.
14.1.14. Samsung Electronics Co., Ltd
14.1.15. Sanden Holdings Corporation
14.1.16. Subros Limited
14.1.17. Trane Technologies Plc
14.1.18. Watsco Inc
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
List of Figures
FIGURE 1. DUCTLESS HEATING & COOLING SYSTEMS MARKET RESEARCH PROCESS
FIGURE 2. DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, 2023 VS 2030
FIGURE 3. DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. DUCTLESS HEATING & COOLING SYSTEMS MARKET DYNAMICS
FIGURE 7. DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, BY ZONE, 2023 VS 2030 (%)
FIGURE 10. DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, BY ZONE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, BY INSTALLATION TYPE, 2023 VS 2030 (%)
FIGURE 12. DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, BY INSTALLATION TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 14. DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA DUCTLESS HEATING & COOLING SYSTEMS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. DUCTLESS HEATING & COOLING SYSTEMS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. DUCTLESS HEATING & COOLING SYSTEMS MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Carrier Global Corporation
  • Daikin Industries Ltd
  • Denso Corporation
  • Fujitsu General Limited
  • Hitachi Ltd.
  • Honeywell International Inc.
  • Keihin Corporation
  • Lennox International Inc.
  • MAHLE GmbH
  • Mitsubishi Electric Corporation
  • Nortek Holdings Inc
  • Panasonic Corporation
  • Parker Davis Hvac International Inc.
  • Samsung Electronics Co., Ltd
  • Sanden Holdings Corporation
  • Subros Limited
  • Trane Technologies Plc
  • Watsco Inc

Methodology

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Table Information