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Ductless Heating And Cooling Systems Market

Ductless Heating And Cooling Systems Market

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Ductless Heating and Cooling Systems Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2029, Segmented By Type (Split System (Mini Split System, Multi Split System, VRF System), Window Air Conditioning System); By Application (Residential Buildings, Commercial Buildings, Industrial Buildings); By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

  • Published Date: March 2023
  • Report ID: BWC23189
  • Available Format: PDF
  • Page: 400

Report Overview

Rising popularity of smart homes, increasing demand for energy-efficient heating and cooling systems, and rapid adoption of advanced technologies may provide growth opportunities for Global Ductless Heating and Cooling Systems Market during the forecast period between 2023 and 2029.

Global Ductless Heating and Cooling Systems Market - Industry Trends & Forecast Report, 2029

Global ductless heating and cooling systems market size was estimated at USD 105.47 billion in 2022, during the forecast period between 2023 and 2029. Global ductless heating and cooling systems market size is projected to grow at a CAGR of 8.10% reaching a value of USD 180.87 billion by 2029. Ductless heating and cooling systems are in high demand in the residential sector, where they are used to maintain a specific temperature. The rapid expansion of the residential sector as a result of population growth, changing lifestyles, and rising income, as well as increasing client preference for energy-efficient ductless heating and cooling systems, will continue to drive ductless heating and cooling systems market throughout the forecast period.

Ductless Heating and Cooling Systems Market

Global Ductless Heating and Cooling Systems Market- Overview

In most cases, ductless heating and cooling systems use two-way heat pumps to move heat from indoor to outdoor air. With the help of a refrigerant, this air may be made wider or narrower. The refrigerant vapor compression cycle is the ductless system used, similar to a standard white goods cycle. They use a refrigerant (cooling) cycle to absorb heat from the outside air and circulate colder air within the house. With the heating cycle, the alternative is true. To effectively heat and cool any home, ductless systems utilize mechanical device technology with variable-speed electrical converters. Heat pumps and mini-split units, which are cost-effective heating and cooling systems, are terms used to describe cooling systems. These systems are reliable, secure, economical, and energy-efficient.

Growth Drivers

Rising Popularity of Smart Houses

Ductless heating and cooling systems are expected to be in demand as the number of smart homes increases. In smart homes, ductless systems are utilized to regulate air temperature, humidity, and fresh air intake. Also, by utilizing various parts like smart thermostats, sensors, control valves, heating and cooling coils, dampers, actuators, pumps, and fans, the energy consumption level of a ductless system can be greatly reduced. With the use of technologies like wireless communication, internet access, mobile devices, and cloud computing, these smart gadgets conserve energy and manage the operation of ductless heating and cooling systems.

Restraints

Environmental Issues Are Growing

Increased sales of air conditioners will also result in more air pollutants being produced while the units are operating. Hydrofluorocarbons (HFCs) and hydrochlorofluorocarbons (HCFCs) are gases released by air conditioners that trap heat in the atmosphere and cause global warming. It is necessary to design heat-conveying devices that are both energy-efficient and have a minimal environmental impact due to the rising demand for ductless heating and cooling systems and freezers. Compared to air conditioners utilizing the refrigerant R-22, R-32 can lower electricity consumption by 10%. As a result, it is anticipated that the cost of ductless systems will grow overall, and the development of environmentally friendly refrigerators will put pressure on ductless systems makers.

Impact of COVID-19 on Global Ductless Heating and Cooling Systems Market

There is a genuine chance that the globe will experience more severe supply chain pain and manufacturing interruptions because of worries about additional COVID outbreaks and China's already hazy post-pandemic future. The complexity of the challenges will increase as a result of volatile financial markets, rising trade tensions, tougher regulatory environments, and demand to integrate climate change into economic decisions. A difficult year is anticipated for the majority of markets, investors, and consumers in 2023. Yet, organizations and their leaders who can forge a future with resiliency and adaptation will always have opportunities.

Global Ductless Heating and Cooling Systems Market

Segmental Coverage

Global Ductless Heating and Cooling Systems Market - By Type

Global ductless heating and cooling systems market is divided into Split System (Mini Split System, Multi Split System, VRF System), Window Air Conditioning System. Split systems are the most common type of ductless HVAC system. The split system allows the operator to control the temperature of individual zones as needed, giving the user operational flexibility and cost savings. These benefits of split systems contribute to the growth of the global ductless heating and cooling systems market. The main advantage of the split system is its low noise level. To reduce indoor noise, the split system keeps the compressor and fan in the outdoor unit.

Global Ductless Heating and Cooling Systems Market - By Application

Based on application, the Global ductless heating and cooling systems market is divided into Residential Buildings, Commercial Buildings, and Industrial Buildings. During the projection period, it is expected that the residential application segment would account for the greatest market share. The rise in ductless heating and cooling system adoption in residential structures, rising consumer demand for energy-efficient products, and increased awareness of the need for energy conservation in developing nations like APAC and RoW are all factors contributing to the expansion. The market for ductless heating and cooling systems for residential applications is also expected to develop as governments make more expenditures in the construction of residential areas.

Ductless Heating and Cooling Systems Market Size

Global Ductless Heating and Cooling Systems Market - By Region

Geographically, the global ductless heating and cooling systems market covers North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). APAC is expected to be the fastest-growing region in the global ductless heating and cooling systems market. The growing investments in building and construction in the region can be attributed to the growth of the APAC ductless heating and cooling systems market. Furthermore, as the strongest regional market, manufacturers of ductless heating and cooling systems are focusing on this region. China is the region's leading producer and consumer of ductless heating and cooling systems. Emerging economies such as Japan, India, and Thailand are also important markets in the region.

Competitive Landscape

Competition in global ductless heating and cooling systems market is intense. Major companies in the market include Daikin Industries, Johnson Controls, Carrier, Trane Technologies plc, LG Electronics South, Honeywell International Inc., Mitsubishi Electric Corporation, Nortek Air Management, Samsung Electronics, FUJITSU, GREE, Hitachi, MiUea, Panasonic, Haier Smart Home, Whirlpool, Electrolux, and Lennox. The key strategies used by these market leaders are new product launches, mergers & acquisitions, and alliances. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Recent Developments

  • In September 2021 - Carrier launched a new Toshiba Carrier touchscreen controller in North America for VRF systems, capable of connecting up to 128 indoor units to one easy-to-use interface.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2022

Base Year – 2022

Estimated Year – 2023

Forecast Period – 2023–2029

Facts Covered

Revenue in USD Billion

Market Coverage

North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA)

Product/ Service Segmentation

Type, Application, Region

Key Players

Daikin Industries, Johnson Controls, Carrier, Trane Technologies plc, LG Electronics South, Honeywell International Inc., Mitsubishi Electric Corporation, Nortek Air Management, Samsung Electronics, FUJITSU, GREE, Hitachi, MiUea, Panasonic, Haier Smart Home, Whirlpool, Electrolux, Lennox

 

 

By Type

    • Split System

  1. Mini Split System

  2. Multi Split System

  3. VRF System

    • Window Air Conditioning System

By Application

    • Residential Buildings

    • Commercial Buildings

    • Industrial Buildings

By Region

    • North America

    • Europe

    • Asia Pacific (APAC)

    • Latin America

    • Middle East and Africa (MEA)

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Global Ductless Heating and Cooling Systems Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Rising Trend of Smart Homes
        2. Rising Demand for Energy Efficient Heating and Cooling Systems
      2. Restraints
        1. Growing Environmental Concern
      3. Opportunities
        1. Advancement in Technology
      4. Challenges
        1. Lack of Awareness Regarding Benefits of Ductless Heating and Cooling Systems
    3. Technology Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Global Ductless Heating and Cooling Systems Market Overview
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
        1. Split System
          1. Mini Split System
          2. Multi Split System
          3. VRF System
        2. Window Air Conditioning System
      2. By Application
        1. Residential Buildings
        2. Commercial Buildings
        3. Industrial Buildings
      3. By Region
        1. North America
        2. Europe
        3. Asia Pacific (APAC)
        4. Latin America (LATAM)
        5. Middle East and Africa (MEA)
  5. North America Ductless Heating and Cooling Systems Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Country
        1. US
          1. By Type
          2. By Application
        2. Canada
          1. By Type
          2. By Application
  6. Europe Ductless Heating and Cooling Systems Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Country
        1. Germany
          1. By Type
          2. By Application
        2. UK
          1. By Type
          2. By Application
        3. Italy
          1. By Type
          2. By Application
        4. France
          1. By Type
          2. By Application
        5. Spain
          1. By Type
          2. By Application
        6. Netherlands
          1. By Type
          2. By Application
        7. Rest of Europe
          1. By Type
          2. By Application
  7. Asia-Pacific Ductless Heating and Cooling Systems Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Country
        1. China
          1. By Type
          2. By Application
        2. India
          1. By Type
          2. By Application
        3. Japan
          1. By Type
          2. By Application
        4. South Korea
          1. By Type
          2. By Application
        5. Australia & New Zealand
          1. By Type
          2. By Application
        6. Indonesia
          1. By Type
          2. By Application
        7. Malaysia
          1. By Type
          2. By Application
        8. Singapore
          1. By Type
          2. By Application
        9. Philippines
          1. By Type
          2. By Application
        10. Vietnam
          1. By Type
          2. By Application
        11. Rest of APAC
          1. By Type
          2. By Application
  8. Latin America Ductless Heating and Cooling Systems Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Country
        1. Brazil
          1. By Type
          2. By Application
        2. Mexico
          1. By Type
          2. By Application
        3. Argentina
          1. By Type
          2. By Application
        4. Peru
          1. By Type
          2. By Application
        5. Rest of LATAM
          1. By Type
          2. By Application
  9. Middle East & Africa Ductless Heating and Cooling Systems Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Application
      3. By Country
        1. Saudi Arabia
          1. By Type
          2. By Application
        2. UAE
          1. By Type
          2. By Application
        3. Qatar
          1. By Type
          2. By Application
        4. Kuwait
          1. By Type
          2. By Application
        5. South Africa
          1. By Type
          2. By Application
        6. Nigeria
          1. By Type
          2. By Application
        7. Algeria
          1. By Type
          2. By Application
        8. Rest of MEA
          1. By Type
          2. By Application
  10. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Global Ductless Heating and Cooling Systems Company Market Share Analysis, 2022
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  11. Impact of Covid-19 on Global Ductless Heating and Cooling Systems Market
  12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. Daikin Industries
    2. Johnson Controls
    3. Carrier
    4. Trane Technologies plc,
    5. LG Electronics South
    6. Honeywell International Inc.
    7. Mitsubishi Electric Corporation
    8. Nortek Air Management
    9. Samsung Electronics
    10. FUJITSU
    11. GREE
    12. Hitachi
    13. MiUea
    14. Panasonic
    15. Haier Smart Home
    16. Whirlpool
    17. Electrolux
    18. Lennox
    19. Other Prominent Players
  13. Key Strategic Recommendations
  14. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3.  Market Breakdown & Data Triangulation
      1.  Secondary Research˙
      2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

 

*Financial information in case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

 

List of Figures

 

Figure 1       Global Ductless Heating and Cooling Systems Segmentation

Figure 2       Global Ductless Heating and Cooling Systems Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2022

Figure 4       Global Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 5       Global Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 6       Global Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 7       Global Ductless Heating and Cooling Systems Market Share, By Region, By Value, 2019–2029

Figure 8       North America Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 9       North America Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 10     North America Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 11     North America Ductless Heating and Cooling Systems Market Share, By Country, By Value, 2019–2029

Figure 12     US Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 13     US Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 14     US Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 15     Canada Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 16     Canada Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 17     Canada Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 18     Europe Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 19     Europe Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 20     Europe Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 21     Europe Ductless Heating and Cooling Systems Market Share, By Country, By Value, 2019–2029

Figure 22     Germany Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 23     Germany Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 24     Germany Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 25     UK Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 26     UK Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 27     UK Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 28     Italy Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 29     Italy Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 30     Italy Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 31     France Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 32     France Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 33     France Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 34     Spain Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 35     Spain Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 36     Spain Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 37     Netherlands Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 38     Netherlands Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 39     Netherlands Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 40     Rest of Europe Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 41     Rest of Europe Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 42     Rest of Europe Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 43     Asia-Pacific Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 44     Asia-Pacific Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 45     Asia-Pacific Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 46     Asia-Pacific Ductless Heating and Cooling Systems Market Share, By Country, By Value, 2019–2029

Figure 47     China Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 48     China Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 49     China Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 50     India Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 51     India Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 52     India Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 53     Japan Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 54     Japan Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 55     Japan Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 56     South Korea Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 57     South Korea Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 58     South Korea Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 59     Australia & New Zealand Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 60     Australia & New Zealand Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 61     Australia & New Zealand Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 62     Indonesia Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 63     Indonesia Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 64     Indonesia Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 65     Malaysia Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 66     Malaysia Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 67     Malaysia Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 68     Singapore Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 69     Singapore Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 70     Singapore Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 71     Philippines Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 72     Philippines Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 73     Philippines Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 74     Vietnam Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 75     Vietnam Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 76     Vietnam Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 77     Rest of APAC Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 78     Rest of APAC Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 79     Rest of APAC Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 80     Latin America Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 81     Latin America Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 82     Latin America Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 83     Latin America Ductless Heating and Cooling Systems Market Share, By Country, By Value, 2019–2029

Figure 84     Brazil Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 85     Brazil Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 86     Brazil Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 87     Mexico Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 88     Mexico Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 89     Mexico Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 90     Argentina Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 91     Argentina Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 92     Argentina Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 93     Peru Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 94     Peru Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 95     Peru Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 96     Rest of LATAM Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 97     Rest of LATAM Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 98     Rest of LATAM Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 99     Middle East & Africa Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 100   Middle East & Africa Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 101   Middle East & Africa Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 102   Middle East & Africa Ductless Heating and Cooling Systems Market Share, By Country, By Value, 2019–2029

Figure 103   Saudi Arabia Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 104   Saudi Arabia Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 105   Saudi Arabia Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 106   UAE Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 107   UAE Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 108   UAE Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 109   Qatar Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 110   Qatar Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 111   Qatar Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 112   Kuwait Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 113   Kuwait Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 114   Kuwait Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 115   South Africa Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 116   South Africa Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 117   South Africa Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 118   Nigeria Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 119   Nigeria Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 120   Nigeria Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 121   Algeria Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 122   Algeria Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 123   Algeria Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

Figure 124   Rest of MEA Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Figure 125   Rest of MEA Ductless Heating and Cooling Systems Market Share, By Type, By Value, 2019–2029

Figure 126   Rest of MEA Ductless Heating and Cooling Systems Market Share, By Application, By Value, 2019–2029

 

List Of Tables

Table 1        Global Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 2        Global Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 3        Global Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 4        Global Ductless Heating and Cooling Systems Market Size, By Region, By Value, 2019–2029

Table 5        North America Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 6        North America Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 7        North America Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 8        North America Ductless Heating and Cooling Systems Market Size, By Country, By Value, 2019–2029

Table 9        US Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 10      US Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 11      US Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 12      Canada Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 13      Canada Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 14      Canada Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 15      Europe Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 16      Europe Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 17      Europe Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 18      Europe Ductless Heating and Cooling Systems Market Size, By Country, By Value, 2019–2029

Table 19      Germany Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 20      Germany Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 21      Germany Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 22      UK Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 23      UK Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 24      UK Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 25      Italy Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 26      Italy Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 27      Italy Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 28      France Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 29      France Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 30      France Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 31      Spain Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 32      Spain Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 33      Spain Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 34      Netherlands Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 35      Netherlands Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 36      Netherlands Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 37      Rest of Europe Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 38      Rest of Europe Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 39      Rest of Europe Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 40      Asia-Pacific Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 41      Asia-Pacific Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 42      Asia-Pacific Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 43      Asia-Pacific Ductless Heating and Cooling Systems Market Size, By Country, By Value, 2019–2029

Table 44      China Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 45      China Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 46      China Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 47      India Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 48      India Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 49      India Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 50      Japan Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 51      Japan Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 52      Japan Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 53      South Korea Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 54      South Korea Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 55      South Korea Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 56      Australia & New Zealand Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 57      Australia & New Zealand Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 58      Australia & New Zealand Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 59      Indonesia Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 60      Indonesia Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 61      Indonesia Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 62      Malaysia Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 63      Malaysia Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 64      Malaysia Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 65      Singapore Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 66      Singapore Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 67      Singapore Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 68      Philippines Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 69      Philippines Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 70      Philippines Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 71      Vietnam Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 72      Vietnam Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 73      Vietnam Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 74      Rest of APAC Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 75      Rest of APAC Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 76      Rest of APAC Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 77      Latin America Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 78      Latin America Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 79      Latin America Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 80      Latin America Ductless Heating and Cooling Systems Market Size, By Country, By Value, 2019–2029

Table 81      Brazil Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 82      Brazil Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 83      Brazil Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 84      Mexico Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 85      Mexico Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 86      Mexico Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 87      Argentina Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 88      Argentina Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 89      Argentina Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 90      Peru Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 91      Peru Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 92      Peru Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 93      Rest of LATAM Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 94      Rest of LATAM Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 95      Rest of LATAM Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 96      Middle East & Africa Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 97      Middle East & Africa Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 98      Middle East & Africa Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 99      Middle East & Africa Ductless Heating and Cooling Systems Market Size, By Country, By Value, 2019–2029

Table 100    Saudi Arabia Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 101    Saudi Arabia Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 102    Saudi Arabia Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 103    UAE Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 104    UAE Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 105    UAE Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 106    Qatar Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 107    Qatar Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 108    Qatar Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 109    Kuwait Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 110    Kuwait Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 111    Kuwait Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 112    South Africa Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 113    South Africa Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 114    South Africa Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 115    Nigeria Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 116    Nigeria Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 117    Nigeria Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 118    Algeria Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 119    Algeria Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 120    Algeria Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 121    Rest of MEA Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 122    Rest of MEA Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 123    Rest of MEA Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 124    Nigeria Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 125    Nigeria Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 126    Algeria Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 127    Algeria Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 128    Algeria Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 129    Rest of MEA Ductless Heating and Cooling Systems Market Size, By Value (USD Million), 2019–2029

Table 130    Rest of MEA Ductless Heating and Cooling Systems Market Size, By Type, By Value, 2019–2029

Table 131    Rest of MEA Ductless Heating and Cooling Systems Market Size, By Application, By Value, 2019–2029

Table 132    Daikin Industries Company Overview

Table 133    Daikin Industries Financial Overview

Table 134    Johnson Controls Company Overview

Table 135    Johnson Controls Financial Overview

Table 136    Carrier Company Overview

Table 137    Carrier Financial Overview

Table 138    Trane Technologies plc, Company Overview

Table 139    Trane Technologies plc, Financial Overview

Table 140    LG Electronics South Company Overview

Table 141    LG Electronics South Financial Overview

Table 142    Honeywell International Inc. Company Overview

Table 143    Honeywell International Inc. Financial Overview

Table 144    Mitsubishi Electric Corporation Company Overview

Table 145    Mitsubishi Electric Corporation Financial Overview

Table 146    Nortek Air Management Company Overview

Table 147    Nortek Air Management Financial Overview

Table 148    Samsung Electronics Company Overview

Table 149    Samsung Electronics Financial Overview

Table 150    FUJITSU Company Overview

Table 151    FUJITSU Financial Overview

Table 152    GREE Company Overview

Table 153    GREE Financial Overview

Table 154    Hitachi Company Overview

Table 155    Hitachi Financial Overview

Table 156    MiUea Company Overview

Table 157    MiUea Financial Overview

Table 158    Panasonic Company Overview

Table 159    Panasonic Financial Overview

Table 160    Haier Smart Home Company Overview

Table 161    Haier Smart Home Financial Overview

Table 162    Whirlpool Company Overview

Table 163    Whirlpool Financial Overview

Table 164    Electrolux Company Overview

Table 165    Electrolux Financial Overview

Table 166    Lennox Company Overview

Table 167    Lennox Financial Overview

 

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: Asia-Pacific region holds the highest market share in Global Ductless Heating and Cooling Systems Market.
Ans: Major factors driving the growth of Global Ductless Heating and Cooling Systems Market include rising popularity of smart homes, rising demand for energy-efficient heating and cooling systems, and advanced technology.
Ans: Global Ductless Heating and Cooling Systems Market size was estimated at USD 105.47 billion in 2022.
Ans: Key players in Global Ductless Heating and Cooling Systems Market include Daikin Industries, Johnson Controls, Carrier, Trane Technologies plc, LG Electronics South, Honeywell International Inc., Mitsubishi Electric Corporation, Nortek Air Management, Samsung Electronics, FUJITSU, GREE, Hitachi, MiUea, Panasonic, Haier Smart Home, Whirlpool, Electrolux, and Lennox.
Ans: The residential segment accounts for the highest market share in the Global Ductless Heating and Cooling Systems Market by application.