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The ductless hvac system market is forecasted to grow by USD 14.2 billion during 2023-2028, accelerating at a CAGR of 7.1% during the forecast period. The report on the ductless hvac system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid rising commercial and residential construction globally, need for convenience leading to increased demand for home automation systems, and low energy consumption and easy installation procedure s.
The ductless hvac system market is segmented as below:
By Type
- Single-zoned
- Multi-zoned
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the ductless hvac system market covers the following areas:
- Ductless hvac system market sizing
- Ductless hvac system market forecast
- Ductless hvac system market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global ductless hvac system market: Carrier Global Corp., Daikin Industries Ltd., Electrolux group, Fujitsu General Ltd., Haier Smart Home Co. Ltd., Hanon Systems, Hitachi Ltd., Lennox International Inc., LG Electronics Inc., MAHLE GmbH, MIDEA Group Co. Ltd., Mitsubishi Electric Corp., Panasonic Holdings Corp., Rheem Manufacturing Co., Samsung Electronics Co. Ltd., Sanden Corp., Sharp Corp., Subros Ltd., Trane Technologies plc, and Valeo SA.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rapid transformation of iot within the HVAC industry."
According to the report, one of the major drivers for this market is the rapid rising commercial and residential construction globally.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Carrier Global Corp.
- Daikin Industries Ltd.
- Electrolux group
- Fujitsu General Ltd.
- Haier Smart Home Co. Ltd.
- Hanon Systems
- Hitachi Ltd.
- Lennox International Inc.
- LG Electronics Inc.
- MAHLE GmbH
- MIDEA Group Co. Ltd.
- Mitsubishi Electric Corp.
- Panasonic Holdings Corp.
- Rheem Manufacturing Co.
- Samsung Electronics Co. Ltd.
- Sanden Corp.
- Sharp Corp.
- Subros Ltd.
- Trane Technologies plc
- Valeo SA