Global Mini-Split Air Conditioners Market Growth 2023-2029

Global Mini-Split Air Conditioners Market Growth 2023-2029

Mini-splits are heating and cooling systems that allow you to control the temperatures in individual rooms or spaces.



Mini-split systems have two main components -- an outdoor compressor/condenser and an indoor air-handling unit(s) (evaporator). They are easy to install usually requiring only a three-inch hole through a wall for the conduit; which houses the power and communication cables, copper tubing, and a condensation drain line, linking the outdoor and indoor units.

LPI (LP Information)' newest research report, the “Mini-Split Air Conditioners Industry Forecast” looks at past sales and reviews total world Mini-Split Air Conditioners sales in 2022, providing a comprehensive analysis by region and market sector of projected Mini-Split Air Conditioners sales for 2023 through 2029. With Mini-Split Air Conditioners sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mini-Split Air Conditioners industry.

This Insight Report provides a comprehensive analysis of the global Mini-Split Air Conditioners landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Mini-Split Air Conditioners portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Mini-Split Air Conditioners market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mini-Split Air Conditioners and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Mini-Split Air Conditioners.

The global Mini-Split Air Conditioners market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Mini-Split Air Conditioners is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Mini-Split Air Conditioners is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Mini-Split Air Conditioners is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Mini-Split Air Conditioners players cover Daikin Industries, Johnson Controls, Carrier, Trane Technologies, LG Electronics, Emerson Electric, Honeywell, Mitsubishi Electric and Nortek Air Management, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Mini-Split Air Conditioners market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Small 1 HP
1 HP
Others

Segmentation by application
Residential Buildings
Commercial Buildings
Industrial Buildings

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Daikin Industries
Johnson Controls
Carrier
Trane Technologies
LG Electronics
Emerson Electric
Honeywell
Mitsubishi Electric
Nortek Air Management
GREE
Hitachi
Midea
Haier
Samsung
FUJITSU

Key Questions Addressed in this Report

What is the 10-year outlook for the global Mini-Split Air Conditioners market?

What factors are driving Mini-Split Air Conditioners market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Mini-Split Air Conditioners market opportunities vary by end market size?

How does Mini-Split Air Conditioners break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.