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Ductless Heating and Cooling Systems Market Report 2026

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    Report

  • 250 Pages
  • January 2026
  • Region: Global
  • The Business Research Company
  • ID: 5751680
The ductless heating and cooling systems market size has grown strongly in recent years. It will grow from $93.05 billion in 2025 to $101.89 billion in 2026 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to growing adoption of energy-efficient hvac systems, rising consumer awareness of air quality, increasing retrofit activities in older buildings, expanding residential construction, shift toward cost-efficient climate control solutions.

The ductless heating and cooling systems market size is expected to see strong growth in the next few years. It will grow to $144.7 billion in 2030 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to rising demand for smart and connected hvac systems, growth in multi-zone system installations, increasing adoption of heat pump technologies, expansion of energy-efficient building standards, advancements in ductless system performance and filtration. Major trends in the forecast period include growing demand for energy-efficient temperature control solutions, rising adoption of multi-zone heating and cooling systems, increasing preference for ductless systems in retrofit and renovation projects, expansion of residential and light commercial installations, advancements in air quality and filtration technologies.

The increasing number of smart homes is expected to drive the growth of the ductless heating and cooling systems market in the coming years. Smart homes are residences equipped with internet-connected devices that allow automated control of household systems - such as heating, ventilation, and air conditioning - through centralized platforms or mobile applications. The adoption of smart homes is rising due to growing consumer demand for energy efficiency and remote accessibility, as homeowners look for automated solutions that offer real-time monitoring and control of indoor environments while reducing utility expenses. This rising demand for smart homes is boosting the need for ductless heating and cooling systems, as these zoned climate control units integrate seamlessly with smart home platforms, enabling homeowners to adjust temperature settings in individual rooms using automated controls and smartphone connectivity. For example, in August 2025, Eurostat, a Luxembourg-based statistical office of the European Union, reported that in 2024, 14.2% of people used internet-connected home energy management systems, 12.8% used smart home appliances, and 11.8% used smart home security devices. Therefore, the increasing number of smart homes is fueling the growth of the ductless heating and cooling systems market over the forecast period.

Leading companies in the Ductless Heating and Cooling Systems market are focusing on developing innovative solutions, such as ductless heat pump systems, to improve energy efficiency and offer flexible climate control options for both residential and commercial spaces. Ductless heat pump systems are energy-efficient heating and cooling solutions that comprise an outdoor unit and one or more indoor units, facilitating flexible climate control without the necessity for ductwork, enabling zoned temperature management, and enhancing indoor air quality. For example, in May 2024, Quilt, a U.S.-based technology-driven HVAC company, introduced an innovative ductless heat pump system designed for modern home climate control. This system features customizable indoor units with sleek designs and smart technology. It employs millimeter-wave radar sensors for occupancy detection, enabling efficient room-by-room temperature management through a smartphone app or a dedicated remote. With impressive energy efficiency ratings (SEER2 25 and HSPF2 12) and the capability to function effectively in extreme temperatures, the Quilt heat pump is priced at $6,499 per room, installation included.

In May 2024, Samsung Electronics Co., Ltd., a South Korea-based manufacturer of ductless heating and cooling systems, entered into a partnership with Lennox International Inc. to combine their technological innovation and market strengths in delivering next-generation HVAC comfort solutions. Through this collaboration, Samsung’s expertise in HVAC technology will be integrated with Lennox’s strong market presence across North America to expand the availability of high-efficiency heating and cooling systems in the U.S. and Canada. Lennox International Inc. is a U.S.-based provider of residential and commercial heating, ventilation, and air-conditioning solutions.

Major companies operating in the ductless heating and cooling systems market are Daikin Industries Ltd., Fujitsu General Ltd., Hitachi Ltd., Johnson Controls International PLC, Carrier Global Corporation, Trane Technologies plc, Emerson Electric Co., Honeywell International Inc., Mitsubishi Electric Corporation, Nortek Air Solutions LLC, Samsung Electronics Co. Ltd., GREE Electric Appliances Inc. of Zhuhai, Midea Group Co. Ltd., Panasonic Corporation, Haier Smart Home Co. Ltd., Electrolux AB, Lennox International Inc., Rheem Manufacturing Company, Pioneer Air Conditioning & Heating Co., Mirage HVAC Systems Inc., Friedrich Air Conditioning Co. Ltd., LG HVAC, Senville, Air-Con International Inc., Cooper&Hunter International Corporation, YMGI Group.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the ductless heating and cooling systems market by increasing the cost of imported components such as compressors, refrigerants, electronic controls, and heat pump units, thereby raising manufacturing and installation expenses. The heat pump, cooling-only split system, and smart window air conditioner segments are the most affected, particularly in regions dependent on imports such as North America and Europe. Despite these challenges, tariffs have also encouraged regional production expansion, strengthened domestic supply chains, and stimulated innovation in energy-efficient and locally manufactured ductless solutions.

The ductless heating and cooling systems market research report is one of a series of new reports that provides ductless heating and cooling systems market statistics, including ductless heating and cooling systems industry global market size, regional shares, competitors with a ductless heating and cooling systems market share, detailed ductless heating and cooling systems market segments, market trends and opportunities, and any further data you may need to thrive in the ductless heating and cooling systems industry. This ductless heating and cooling systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Ductless heating and cooling systems are essential for temperature control, optimizing airflow, and ensuring comfortable indoor environments. They present a cost-effective alternative to central HVAC installations, especially in spaces without existing ductwork, surpassing the convenience of single-room heaters and window air conditioners. These systems deliver superior control, energy efficiency, and enhanced air quality, thereby elevating the overall efficiency and comfort of indoor spaces.

Key variations of ductless heating and cooling systems include cooling-only split systems, heat pumps, chilled water systems, and window air conditioners. Cooling-only split systems comprise interconnected indoor and outdoor units through copper tubing. Split systems commonly feature an external heat pump or air conditioner, paired with an internal gas furnace or fan coil. Widely applicable in residential, commercial, and industrial settings, these ductless systems offer versatile solutions for temperature regulation.Asia-Pacific was the largest region in the ductless heating and cooling system market in 2025. The regions covered in the ductless heating and cooling systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the ductless heating and cooling system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The ductless heating and cooling system market consists of sales of single zone and multi zone units. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.

Table of Contents

1. Executive Summary
1.1. Key Market Insights (2020-2035)
1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots
1.3. Major Factors Driving the Market
1.4. Top Three Trends Shaping the Market
2. Ductless Heating and Cooling Systems Market Characteristics
2.1. Market Definition & Scope
2.2. Market Segmentations
2.3. Overview of Key Products and Services
2.4. Global Ductless Heating and Cooling Systems Market Attractiveness Scoring and Analysis
2.4.1. Overview of Market Attractiveness Framework
2.4.2. Quantitative Scoring Methodology
2.4.3. Factor-Wise Evaluation (Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment and Risk Profile Evaluation)
2.4.4. Market Attractiveness Scoring and Interpretation
2.4.5. Strategic Implications and Recommendations
3. Ductless Heating and Cooling Systems Market Supply Chain Analysis
3.1. Overview of the Supply Chain and Ecosystem
3.2. List of Key Raw Materials, Resources & Suppliers
3.3. List of Major Distributors and Channel Partners
3.4. List of Major End Users
4. Global Ductless Heating and Cooling Systems Market Trends and Strategies
4.1. Key Technologies & Future Trends
4.1.1 Sustainability, Climate Tech & Circular Economy
4.1.2 Internet of Things (Iot), Smart Infrastructure & Connected Ecosystems
4.1.3 Industry 4.0 & Intelligent Manufacturing
4.1.4 Digitalization, Cloud, Big Data & Cybersecurity
4.1.5 Artificial Intelligence & Autonomous Intelligence
4.2. Major Trends
4.2.1 Growing Demand for Energy-Efficient Temperature Control Solutions
4.2.2 Rising Adoption of Multi-Zone Heating and Cooling Systems
4.2.3 Increasing Preference for Ductless Systems in Retrofit and Renovation Projects
4.2.4 Expansion of Residential and Light Commercial Installations
4.2.5 Advancements in Air Quality and Filtration Technologies
5. Ductless Heating and Cooling Systems Market Analysis of End Use Industries
5.1 Residential
5.2 Commercial
5.3 Industrial
5.4 Hospitality Facilities
5.5 Institutional Buildings
6. Ductless Heating and Cooling Systems Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, and Covid and Recovery on the Market
7. Global Ductless Heating and Cooling Systems Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
7.1. Global Ductless Heating and Cooling Systems PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
7.2. Global Ductless Heating and Cooling Systems Market Size, Comparisons and Growth Rate Analysis
7.3. Global Ductless Heating and Cooling Systems Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)
7.4. Global Ductless Heating and Cooling Systems Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)
8. Global Ductless Heating and Cooling Systems Total Addressable Market (TAM) Analysis for the Market
8.1. Definition and Scope of Total Addressable Market (TAM)
8.2. Methodology and Assumptions
8.3. Global Total Addressable Market (TAM) Estimation
8.4. TAM vs. Current Market Size Analysis
8.5. Strategic Insights and Growth Opportunities from TAM Analysis
9. Ductless Heating and Cooling Systems Market Segmentation
9.1. Global Ductless Heating and Cooling Systems Market, Segmentation by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Cooling Only Split System, Heat Pump, Chilled Water System, Window Air Conditioners
9.2. Global Ductless Heating and Cooling Systems Market, Segmentation by Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Residential, Commercial, Industrial
9.3. Global Ductless Heating and Cooling Systems Market, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Single-Family Homes, Multi-Family Residential, Offices, Retail & Hospitality, Healthcare, Educational Institutions
9.4. Global Ductless Heating and Cooling Systems Market, Segmentation of Cooling Only Split System, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Mini-Split Cooling Systems, Multi-Split Cooling Systems
9.5. Global Ductless Heating and Cooling Systems Market, Segmentation of Heat Pump, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Ductless Mini-Split Heat Pumps, Ductless Multi-Split Heat Pumps, Ground Source Heat Pumps
9.6. Global Ductless Heating and Cooling Systems Market, Segmentation of Chilled Water System, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Chilled Water Fan Coil Units, Chilled Water Terminal Units
9.7. Global Ductless Heating and Cooling Systems Market, Segmentation of Window Air Conditioners, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Standard Window Units, Energy-Efficient Window Units, Smart Window Air Conditioners
10. Ductless Heating and Cooling Systems Market Regional and Country Analysis
10.1. Global Ductless Heating and Cooling Systems Market, Split by Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
10.2. Global Ductless Heating and Cooling Systems Market, Split by Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
11. Asia-Pacific Ductless Heating and Cooling Systems Market
11.1. Asia-Pacific Ductless Heating and Cooling Systems Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
11.2. Asia-Pacific Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
12. China Ductless Heating and Cooling Systems Market
12.1. China Ductless Heating and Cooling Systems Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
12.2. China Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
13. India Ductless Heating and Cooling Systems Market
13.1. India Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
14. Japan Ductless Heating and Cooling Systems Market
14.1. Japan Ductless Heating and Cooling Systems Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Japan Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
15. Australia Ductless Heating and Cooling Systems Market
15.1. Australia Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
16. Indonesia Ductless Heating and Cooling Systems Market
16.1. Indonesia Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
17. South Korea Ductless Heating and Cooling Systems Market
17.1. South Korea Ductless Heating and Cooling Systems Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
17.2. South Korea Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
18. Taiwan Ductless Heating and Cooling Systems Market
18.1. Taiwan Ductless Heating and Cooling Systems Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
18.2. Taiwan Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
19. South East Asia Ductless Heating and Cooling Systems Market
19.1. South East Asia Ductless Heating and Cooling Systems Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
19.2. South East Asia Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
20. Western Europe Ductless Heating and Cooling Systems Market
20.1. Western Europe Ductless Heating and Cooling Systems Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
20.2. Western Europe Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
21. UK Ductless Heating and Cooling Systems Market
21.1. UK Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
22. Germany Ductless Heating and Cooling Systems Market
22.1. Germany Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
23. France Ductless Heating and Cooling Systems Market
23.1. France Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
24. Italy Ductless Heating and Cooling Systems Market
24.1. Italy Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
25. Spain Ductless Heating and Cooling Systems Market
25.1. Spain Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
26. Eastern Europe Ductless Heating and Cooling Systems Market
26.1. Eastern Europe Ductless Heating and Cooling Systems Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
26.2. Eastern Europe Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
27. Russia Ductless Heating and Cooling Systems Market
27.1. Russia Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
28. North America Ductless Heating and Cooling Systems Market
28.1. North America Ductless Heating and Cooling Systems Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
28.2. North America Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
29. USA Ductless Heating and Cooling Systems Market
29.1. USA Ductless Heating and Cooling Systems Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
29.2. USA Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
30. Canada Ductless Heating and Cooling Systems Market
30.1. Canada Ductless Heating and Cooling Systems Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
30.2. Canada Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
31. South America Ductless Heating and Cooling Systems Market
31.1. South America Ductless Heating and Cooling Systems Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
31.2. South America Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
32. Brazil Ductless Heating and Cooling Systems Market
32.1. Brazil Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
33. Middle East Ductless Heating and Cooling Systems Market
33.1. Middle East Ductless Heating and Cooling Systems Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
33.2. Middle East Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
34. Africa Ductless Heating and Cooling Systems Market
34.1. Africa Ductless Heating and Cooling Systems Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
34.2. Africa Ductless Heating and Cooling Systems Market, Segmentation by Type, Segmentation by Application, Segmentation by End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
35. Ductless Heating and Cooling Systems Market Regulatory and Investment Landscape
36. Ductless Heating and Cooling Systems Market Competitive Landscape and Company Profiles
36.1. Ductless Heating and Cooling Systems Market Competitive Landscape and Market Share 2024
36.1.1. Top 10 Companies (Ranked by revenue/share)
36.2. Ductless Heating and Cooling Systems Market - Company Scoring Matrix
36.2.1. Market Revenues
36.2.2. Product Innovation Score
36.2.3. Brand Recognition
36.3. Ductless Heating and Cooling Systems Market Company Profiles
36.3.1. Daikin Industries Ltd. Overview, Products and Services, Strategy and Financial Analysis
36.3.2. Fujitsu General Ltd. Overview, Products and Services, Strategy and Financial Analysis
36.3.3. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis
36.3.4. Johnson Controls International PLC Overview, Products and Services, Strategy and Financial Analysis
36.3.5. Carrier Global Corporation Overview, Products and Services, Strategy and Financial Analysis
37. Ductless Heating and Cooling Systems Market Other Major and Innovative Companies
  • Trane Technologies plc, Emerson Electric Co., Honeywell International Inc., Mitsubishi Electric Corporation, Nortek Air Solutions LLC, Samsung Electronics Co. Ltd., GREE Electric Appliances Inc. of Zhuhai, Midea Group Co. Ltd., Panasonic Corporation, Haier Smart Home Co. Ltd., Electrolux AB, Lennox International Inc., Rheem Manufacturing Company, Pioneer Air Conditioning & Heating Co., Mirage HVAC Systems Inc.
38. Global Ductless Heating and Cooling Systems Market Competitive Benchmarking and Dashboard39. Key Mergers and Acquisitions in the Ductless Heating and Cooling Systems Market
40. Ductless Heating and Cooling Systems Market High Potential Countries, Segments and Strategies
40.1 Ductless Heating and Cooling Systems Market in 2030 - Countries Offering Most New Opportunities
40.2 Ductless Heating and Cooling Systems Market in 2030 - Segments Offering Most New Opportunities
40.3 Ductless Heating and Cooling Systems Market in 2030 - Growth Strategies
40.3.1 Market Trend Based Strategies
40.3.2 Competitor Strategies
41. Appendix
41.1. Abbreviations
41.2. Currencies
41.3. Historic and Forecast Inflation Rates
41.4. Research Inquiries
41.5. About the Analyst
41.6. Copyright and Disclaimer

Executive Summary

Ductless Heating And Cooling Systems Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses ductless heating and cooling systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
  • Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on end user analysis.
  • Benchmark performance against key competitors based on market share, innovation, and brand strength.
  • Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
  • Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for ductless heating and cooling systems? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The ductless heating and cooling systems market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
  • The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
  • The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
  • The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
  • The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
  • The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

Markets Covered:

1) By Type: Cooling Only Split System; Heat Pump; Chilled Water System; Window Air Conditioners
2) By Application: Residential; Commercial; Industrial
3) By End User: Single-Family Homes; Multi-Family Residential; Offices; Retail & Hospitality; Healthcare; Educational Institutions

Subsegments:

1) By Cooling Only Split System: Mini-Split Cooling Systems; Multi-Split Cooling Systems
2) By Heat Pump: Ductless Mini-Split Heat Pumps; Ductless Multi-Split Heat Pumps; Ground Source Heat Pumps
3) By Chilled Water System: Chilled Water Fan Coil Units; Chilled Water Terminal Units
4) By Window Air Conditioners: Standard Window Units; Energy-Efficient Window Units; Smart Window Air Conditioners

Companies Mentioned: Daikin Industries Ltd.; Fujitsu General Ltd.; Hitachi Ltd.; Johnson Controls International PLC; Carrier Global Corporation; Trane Technologies plc; Emerson Electric Co.; Honeywell International Inc.; Mitsubishi Electric Corporation; Nortek Air Solutions LLC; Samsung Electronics Co. Ltd.; GREE Electric Appliances Inc. of Zhuhai; Midea Group Co. Ltd.; Panasonic Corporation; Haier Smart Home Co. Ltd.; Electrolux AB; Lennox International Inc.; Rheem Manufacturing Company; Pioneer Air Conditioning & Heating Co.; Mirage HVAC Systems Inc.; Friedrich Air Conditioning Co. Ltd.; LG HVAC; Senville; Air-Con International Inc.; Cooper&Hunter International Corporation; YMGI Group

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: Word, PDF or Interactive Report + Excel Dashboard

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Companies Mentioned

The companies featured in this Ductless Heating and Cooling Systems market report include:
  • Daikin Industries Ltd.
  • Fujitsu General Ltd.
  • Hitachi Ltd.
  • Johnson Controls International PLC
  • Carrier Global Corporation
  • Trane Technologies plc
  • Emerson Electric Co.
  • Honeywell International Inc.
  • Mitsubishi Electric Corporation
  • Nortek Air Solutions LLC
  • Samsung Electronics Co. Ltd.
  • GREE Electric Appliances Inc. of Zhuhai
  • Midea Group Co. Ltd.
  • Panasonic Corporation
  • Haier Smart Home Co. Ltd.
  • Electrolux AB
  • Lennox International Inc.
  • Rheem Manufacturing Company
  • Pioneer Air Conditioning & Heating Co.
  • Mirage HVAC Systems Inc.
  • Friedrich Air Conditioning Co. Ltd.
  • LG HVAC
  • Senville
  • Air-Con International Inc.
  • Cooper&Hunter International Corporation
  • YMGI Group

Table Information