Split Air Conditioning Systems Market (Product: Mini Split AC, Multi-split AC, and Others (VRF); and Installation: Wall Mounted, Free Standing, and Others (Floor Ceiling)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Split Air Conditioning Systems Market (Product: Mini Split AC, Multi-split AC, and Others (VRF); and Installation: Wall Mounted, Free Standing, and Others (Floor Ceiling)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031


Split Air Conditioning Systems Market – Scope of Report


TMR’s report on the global Split Air Conditioning Systems market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global Split Air Conditioning Systems market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global Split Air Conditioning Systems market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the Split Air Conditioning Systems market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global Split Air Conditioning Systems market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global Split Air Conditioning Systems market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global Split Air Conditioning Systems market.

The report delves into the competitive landscape of the global Split Air Conditioning Systems market. Key players operating in the global Split Air Conditioning Systems market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global Split Air Conditioning Systems market profiled in this report.

Key Questions Answered in Global Split Air Conditioning Systems Market Report
  • What is the sales/revenue generated by Split Air Conditioning Systems across all regions during the forecast period?
  • What are the opportunities in the global Split Air Conditioning Systems market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

Split Air Conditioning Systems Market – Research Objectives and Research Approach


The comprehensive report on the global Split Air Conditioning Systems market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global Split Air Conditioning Systems market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global Split Air Conditioning Systems market.


1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Introduction
5.2. Market Dynamics
5.2.1. Drivers
5.2.2. Restraints
5.2.3. Opportunities
5.3. Key Trends Analysis
5.3.1. Demand Side Analysis
5.3.2. Supply Side Analysis
5.4. Raw Price Analysis
5.5. Key Market Indicators
5.6. Porter’s Five Forces Analysis
5.7. Industry SWOT Analysis
5.8. Value Chain Analysis
5.9. Global Split Air Conditioning Systems Market Analysis and Forecast, 2017 - 2031
5.9.1. Market Value Projections (US$ Bn)
5.9.2. Market Volume Projections (Million Units)
6. Global Split Air Conditioning Systems Market Analysis and Forecast, By Product
6.1. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Product, 2017 - 2031
6.1.1. Mini Split AC
6.1.2. Multi-split AC
6.1.3. Others
6.2. Incremental Opportunity, By Product
7. Global Split Air Conditioning Systems Market Analysis and Forecast, By Installation
7.1. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Installation, 2017 - 2031
7.1.1. Wall Mounted
7.1.2. Free Standing
7.1.3. Others
7.2. Incremental Opportunity, By Installation
8. Global Split Air Conditioning Systems Market Analysis and Forecast, By Price
8.1. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Price, 2017 - 2031
8.1.1. Low
8.1.2. Medium
8.1.3. High
8.2. Incremental Opportunity, By Price
9. Global Split Air Conditioning Systems Market Analysis and Forecast, By Capacity
9.1. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Capacity, 2017 - 2031
9.1.1. Less Than 1 Ton
9.1.2. 1 to 1.5 Tons
9.1.3. 1.5 to 2.0 Tons
9.1.4. More Than 2.0 Tons
9.2. Incremental Opportunity, By Capacity
10. Global Split Air Conditioning Systems Market Analysis and Forecast, By End-use
10.1. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By End-use, 2017 - 2031
10.1.1. Residential
10.1.2. Commercial
10.2. Incremental Opportunity, By End-use
11. Global Split Air Conditioning Systems Market Analysis and Forecast, By Distribution Channel
11.1. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Distribution Channel, 2017 - 2031
11.1.1. Online
11.1.1.1. Company-owned Websites
11.1.1.2. E-commerce Websites
11.1.2. Offline
11.1.2.1. Specialty Stores
11.1.2.2. Supermarkets & Hypermarkets
11.1.2.3. Factory Outlets
11.1.2.4. Other Retail Stores
11.2. Incremental Opportunity, By Distribution Channel
12. Global Split Air Conditioning Systems Market Analysis and Forecast, By Region
12.1. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Region, 2017 - 2031
12.1.1. North America
12.1.2. Europe
12.1.3. Asia Pacific
12.1.4. Middle East & Africa
12.1.5. South America
12.2. Incremental Opportunity, By Region
13. North America Split Air Conditioning Systems Market Analysis and Forecast
13.1. Regional Snapshot
13.2. Price Trend Analysis
13.2.1. Weighted Average Price
13.3. Key Trends Analysis
13.3.1. Demand Side Analysis
13.3.2. Supply Side Analysis
13.4. Brand Analysis
13.5. Consumer Buying Behavior Analysis
13.6. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Product, 2017 - 2031
13.6.1. Mini Split AC
13.6.2. Multi-split AC
13.6.3. Others
13.7. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Installation, 2017 - 2031
13.7.1. Wall Mounted
13.7.2. Free Standing
13.7.3. Others
13.8. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Price, 2017 - 2031
13.8.1. Low
13.8.2. Medium
13.8.3. High
13.9. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Capacity, 2017 - 2031
13.9.1. Less Than 1 Ton
13.9.2. 1 to 1.5 Tons
13.9.3. 1.5 to 2.0 Tons
13.9.4. More Than 2.0 Tons
13.10. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By End-use, 2017 - 2031
13.10.1. Residential
13.10.2. Commercial
13.11. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Distribution Channel, 2017 - 2031
13.11.1. Online
13.11.1.1. Company-owned Websites
13.11.1.2. E-commerce Websites
13.11.2. Offline
13.11.2.1. Specialty Stores
13.11.2.2. Supermarkets & Hypermarkets
13.11.2.3. Factory Outlets
13.11.2.4. Other Retail Stores
13.12. Split Air Conditioning Systems Market Installation (US$ Bn) (Million Units) Forecast, by Country/Sub-region, 2017 - 2027
13.12.1. U.S.
13.12.2. Canada
13.12.3. Rest of North America
13.13. Incremental Opportunity Analysis
14. Europe Split Air Conditioning Systems Market Analysis and Forecast
14.1. Regional Snapshot
14.2. Price Trend Analysis
14.2.1. Weighted Average Price
14.3. Key Trends Analysis
14.3.1. Demand Side Analysis
14.3.2. Supply Side Analysis
14.4. Brand Analysis
14.5. Consumer Buying Behavior Analysis
14.6. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Product, 2017 - 2031
14.6.1. Mini Split AC
14.6.2. Multi-split AC
14.6.3. Others
14.7. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Installation, 2017 - 2031
14.7.1. Wall Mounted
14.7.2. Free Standing
14.7.3. Others
14.8. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Price, 2017 - 2031
14.8.1. Low
14.8.2. Medium
14.8.3. High
14.9. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Capacity, 2017 - 2031
14.9.1. Less Than 1 Ton
14.9.2. 1 to 1.5 Tons
14.9.3. 1.5 to 2.0 Tons
14.9.4. More Than 2.0 Tons
14.10. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By End-use, 2017 - 2031
14.10.1. Residential
14.10.2. Commercial
14.11. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Distribution Channel, 2017 - 2031
14.11.1. Online
14.11.1.1. Company-owned Websites
14.11.1.2. E-commerce Websites
14.11.2. Offline
14.11.2.1. Specialty Stores
14.11.2.2. Supermarkets & Hypermarkets
14.11.2.3. Factory Outlets
14.11.2.4. Other Retail Stores
14.12. Split Air Conditioning Systems Market Installation (US$ Bn) (Million Units) Forecast, by Country/Sub-region, 2017 - 2031
14.12.1. U.K.
14.12.2. Germany
14.12.3. France
14.12.4. Rest of Europe
14.13. Incremental Opportunity Analysis
15. Asia Pacific Split Air Conditioning Systems Market Analysis and Forecast
15.1. Regional Snapshot
15.2. Price Trend Analysis
15.2.1. Weighted Average Price
15.3. Key Trends Analysis
15.3.1. Demand Side Analysis
15.3.2. Supply Side Analysis
15.4. Brand Analysis
15.5. Consumer Buying Behavior Analysis
15.6. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Product, 2017 - 2031
15.6.1. Mini Split AC
15.6.2. Multi-split AC
15.6.3. Others
15.7. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Installation, 2017 - 2031
15.7.1. Wall Mounted
15.7.2. Free Standing
15.7.3. Others
15.8. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Price, 2017 - 2031
15.8.1. Low
15.8.2. Medium
15.8.3. High
15.9. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Capacity, 2017 - 2031
15.9.1. Less Than 1 Ton
15.9.2. 1 to 1.5 Tons
15.9.3. 1.5 to 2.0 Tons
15.9.4. More Than 2.0 Tons
15.10. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By End-use, 2017 - 2031
15.10.1. Residential
15.10.2. Commercial
15.11. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Distribution Channel, 2017 - 2031
15.11.1. Online
15.11.1.1. Company-owned Websites
15.11.1.2. E-commerce Websites
15.11.2. Offline
15.11.2.1. Specialty Stores
15.11.2.2. Supermarkets & Hypermarkets
15.11.2.3. Factory Outlets
15.11.2.4. Other Retail Stores
15.12. Split Air Conditioning Systems Market Installation (US$ Bn) (Million Units) Forecast, by Country/Sub-region, 2017 - 2031
15.12.1. China
15.12.2. India
15.12.3. Japan
15.12.4. Rest of Asia Pacific
15.13. Incremental Opportunity Analysis
16. Middle East & Africa Split Air Conditioning Systems Market Analysis and Forecast
16.1. Regional Snapshot
16.2. Price Trend Analysis
16.2.1. Weighted Average Price
16.3. Key Trends Analysis
16.3.1. Demand Side Analysis
16.3.2. Supply Side Analysis
16.4. Brand Analysis
16.5. Consumer Buying Behavior Analysis
16.6. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Product, 2017 - 2031
16.6.1. Mini Split AC
16.6.2. Multi-split AC
16.6.3. Others
16.7. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Installation, 2017 - 2031
16.7.1. Wall Mounted
16.7.2. Free Standing
16.7.3. Others
16.8. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Price, 2017 - 2031
16.8.1. Low
16.8.2. Medium
16.8.3. High
16.9. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Capacity, 2017 - 2031
16.9.1. Less Than 1 Ton
16.9.2. 1 to 1.5 Tons
16.9.3. 1.5 to 2.0 Tons
16.9.4. More Than 2.0 Tons
16.10. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By End-use, 2017 - 2031
16.10.1. Residential
16.10.2. Commercial
16.11. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Distribution Channel, 2017 - 2031
16.11.1. Online
16.11.1.1. Company-owned Websites
16.11.1.2. E-commerce Websites
16.11.2. Offline
16.11.2.1. Specialty Stores
16.11.2.2. Supermarkets & Hypermarkets
16.11.2.3. Factory Outlets
16.11.2.4. Other Retail Stores
16.12. Split Air Conditioning Systems Market Installation (US$ Bn) (Million Units) Forecast, by Country/Sub-region, 2017 - 2031
16.12.1. GCC
16.12.2. South Africa
16.12.3. Rest of Middle East & Africa
16.13. Incremental Opportunity Analysis
17. South America Split Air Conditioning Systems Market Analysis and Forecast
17.1. Regional Snapshot
17.2. Price Trend Analysis
17.2.1. Weighted Average Price
17.3. Key Trends Analysis
17.3.1. Demand Side Analysis
17.3.2. Supply Side Analysis
17.4. Brand Analysis
17.5. Consumer Buying Behavior Analysis
17.6. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Product, 2017 - 2031
17.6.1. Mini Split AC
17.6.2. Multi-split AC
17.6.3. Others
17.7. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Installation, 2017 - 2031
17.7.1. Wall Mounted
17.7.2. Free Standing
17.7.3. Others
17.8. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Price, 2017 - 2031
17.8.1. Low
17.8.2. Medium
17.8.3. High
17.9. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Capacity, 2017 - 2031
17.9.1. Less Than 1 Ton
17.9.2. 1 to 1.5 Tons
17.9.3. 1.5 to 2.0 Tons
17.9.4. More Than 2.0 Tons
17.10. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By End-use, 2017 - 2031
17.10.1. Residential
17.10.2. Commercial
17.11. Split Air Conditioning Systems Market Installation (US$ Bn and Million Units) Forecast, By Distribution Channel, 2017 - 2031
17.11.1. Online
17.11.1.1. Company-owned Websites
17.11.1.2. E-commerce Websites
17.11.2. Offline
17.11.2.1. Specialty Stores
17.11.2.2. Supermarkets & Hypermarkets
17.11.2.3. Factory Outlets
17.11.2.4. Other Retail Stores
17.12. Split Air Conditioning Systems Market Installation (US$ Bn) (Million Units) Forecast, by Country/Sub-region, 2017 - 2031
17.12.1. Brazil
17.12.2. Rest of South America
17.13. Incremental Opportunity Analysis
18. Competition Landscape
18.1. Market Player - Competition Dashboard
18.2. Market Share Analysis - 2022 (%)
18.3. Company Profiles (Details - Company Overview, Sales Area/Geographical Presence, Revenue, Strategy & Business Overview)
18.3.1. Daikin Industries, Ltd
18.3.1.1. Company Overview
18.3.1.2. Sales Area/Geographical Presence
18.3.1.3. Revenue
18.3.1.4. Strategy & Business Overview
18.3.2. GREE Electric Appliances Inc.
18.3.2.1. Company Overview
18.3.2.2. Sales Area/Geographical Presence
18.3.2.3. Revenue
18.3.2.4. Strategy & Business Overview
18.3.3. Panasonic Corporation
18.3.3.1. Company Overview
18.3.3.2. Sales Area/Geographical Presence
18.3.3.3. Revenue
18.3.3.4. Strategy & Business Overview
18.3.4. Samsung Electronics Co.Ltd.
18.3.4.1. Company Overview
18.3.4.2. Sales Area/Geographical Presence
18.3.4.3. Revenue
18.3.4.4. Strategy & Business Overview
18.3.5. Haier Group Corporation
18.3.5.1. Company Overview
18.3.5.2. Sales Area/Geographical Presence
18.3.5.3. Revenue
18.3.5.4. Strategy & Business Overview
18.3.6. LG Electronics Inc.
18.3.6.1. Company Overview
18.3.6.2. Sales Area/Geographical Presence
18.3.6.3. Revenue
18.3.6.4. Strategy & Business Overview
18.3.7. Toshiba Corporation.
18.3.7.1. Company Overview
18.3.7.2. Sales Area/Geographical Presence
18.3.7.3. Revenue
18.3.7.4. Strategy & Business Overview
18.3.8. Lennox International Inc.
18.3.8.1. Company Overview
18.3.8.2. Sales Area/Geographical Presence
18.3.8.3. Revenue
18.3.8.4. Strategy & Business Overview
18.3.9. Voltas Ltd
18.3.9.1. Company Overview
18.3.9.2. Sales Area/Geographical Presence
18.3.9.3. Revenue
18.3.9.4. Strategy & Business Overview
18.3.10. Mitsubishi Electric Corporation.
18.3.10.1. Company Overview
18.3.10.2. Sales Area/Geographical Presence
18.3.10.3. Revenue
18.3.10.4. Strategy & Business Overview
19. Go to Market Strategy
19.1. Identification of Potential Market Spaces
19.1.1. Product
19.1.2. Installation
19.1.3. Price
19.1.4. Capacity
19.1.5. End-use
19.1.6. Distribution Channel
19.1.7. Region
19.2. Understanding the Procurement Process of End-Users
19.3. Preferred Sales & Marketing Strategy

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