Ductless Heating and Cooling Systems

Global Ductless Heating and Cooling Systems Market to Reach US$146.6 Billion by 2030

The global market for Ductless Heating and Cooling Systems estimated at US$107.5 Billion in the year 2024, is expected to reach US$146.6 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2024-2030. Split Systems, one of the segments analyzed in the report, is expected to record a 6.4% CAGR and reach US$118.3 Billion by the end of the analysis period. Growth in the Window Air Conditioner Systems segment is estimated at 1.4% CAGR over the analysis period.

The U.S. Market is Estimated at US$28.6 Billion While China is Forecast to Grow at 9.0% CAGR

The Ductless Heating and Cooling Systems market in the U.S. is estimated at US$28.6 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$32.7 Billion by the year 2030 trailing a CAGR of 9.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.5% and 5.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.

Global Ductless Heating and Cooling Systems Market - Key Trends and Drivers Summarized

What Are Ductless Heating and Cooling Systems and How Do They Work?

Ductless heating and cooling systems, also known as mini-split systems, are highly efficient and versatile solutions for temperature control that forego the traditional ducted infrastructure of central air systems. These systems consist of two main components: an outdoor compressor/condenser and one or more indoor air-handling units. They are connected by a conduit that houses the power cable, refrigerant tubing, suction tubing, and a condensate drain. Ductless systems are revered for their flexibility in heating and cooling individual rooms. Unlike traditional HVAC systems, which push air through ducts, mini-splits directly treat the air in each zone or room, leading to significantly increased energy efficiency. This setup not only reduces energy loss associated with ductwork but also provides a customizable comfort that can vary from room to room.

Why Are Ductless Systems Gaining Popularity in Modern Homes and Businesses?

The adoption of ductless heating and cooling systems is on the rise, driven by their cost-effectiveness and practical adaptability to various living and working environments. These systems offer a solution to the energy inefficiency associated with ductwork, which can account for more than 30% of energy consumption for space conditioning, especially if the ducts are in unconditioned spaces. Moreover, the installation of ductless systems is less invasive and more straightforward, making them ideal for retrofitting older buildings with no existing ductwork or for new additions to homes. For businesses, these systems allow for scalable installations that can be expanded with minimal disruption as the needs grow. Their quiet operation and sleek design integrate seamlessly into any decor, appealing to a modern aesthetic that values minimalism and efficiency.

What Technological Advancements Are Propelling the Ductless Systems Industry?

Technological advancements in ductless heating and cooling systems have significantly broadened their appeal and enhanced their functionality. Modern mini-splits feature inverter technology that allows compressors to adjust their speed based on the temperature demand, thereby drastically improving energy efficiency. Smart technology integration allows users to control their systems via smartphones or voice-activated home systems, providing unprecedented control over climate settings, optimizing energy usage, and even monitoring air quality. Additionally, manufacturers have been focusing on improving the aesthetic appeal of indoor units, offering a variety of styles that blend well with interior designs, and making significant strides in reducing operational noise levels, further enhancing user comfort.

What Factors Are Driving the Growth in the Ductless Systems Market?

The growth in the ductless heating and cooling systems market is driven by several factors, including rising energy costs and a growing global emphasis on energy efficiency. As governments worldwide implement stricter regulations aimed at reducing carbon footprints, both residential and commercial building owners are turning to ductless systems as a viable, energy-efficient alternative to traditional HVAC systems. Furthermore, the increasing trend toward urbanization has led to higher demand in compact residential and commercial spaces where conventional ducted systems may not be feasible. Consumer behavior is also shifting towards customizable and adaptive technologies that offer both functionality and cost savings. Additionally, the expanding real estate sector and renovation projects in older urban buildings are expected to continue to propel the demand for these versatile systems.

SCOPE OF STUDY:

The report analyzes the Ductless Heating and Cooling Systems market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Split Systems, Window Air Conditioner Systems); Application (Residential Buildings, Commercial Buildings, Industrial Buildings)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 18 Featured) -

• Daikin Industries Ltd.
• Electrolux AB
• Hitachi Ltd.
• Ingersoll-Rand PLC
• Johnson Controls, Inc.
• LG Electronics, Inc.
• Mitsubishi Electric Corporation
• Samsung Electronics Co., Ltd.
• United Technologies Corporation (UTC)
• Whirlpool Corporation

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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