Ductless HVAC System Market 2019 Global Industry Size, Share, Trends, Segments and Regional Analysis With Competitive Landscape by 2022 | MRFR

Posted March 14, 2019 by DhanashreeP

Global Ductless HVAC system Market Information by Equipment Type (Heating, Ventilation, and Cooling), by Implementation Type (New Construction and retrofit), Application, by Region - Forecast to 2022
Global Ductless HVAC System has very broad market in coming recent years. MRFR analysts has predicted that Ductless HVAC Systems market are about to grow at a rapid pace, due to act as a highly flexible solutions, improves indoor air quality and lowers carbon footprint are some of factors helps to grow the market towards growth. Ductless HVAC is a systems used for cooling and heating purpose. It has advantage over traditional HVAC such as it is easy to install, and low cost systems. Due to its size, temperature adjustment can be done very easily.

Ductless split systems provide targeted heating and cooling comfort when conventional central HVAC equipment is too costly or impractical to install. Widely adopted in Europe and Southeast Asia, ductless technology continues to gain popularity in the U.S. as consumers and businesses look for cost-effective alternatives to window units, packaged terminal air conditioners and inefficient ducted systems. Ductless AC and heating systems use a pair of indoor and outdoor units to warm or cool specific areas. These energy-efficient units are easy to install and offer a flexible, low-cost solution for zoned heating and cooling.

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A ductless HVAC, consists of two units include; an outdoor compressor/condenser and an indoor air handling unit and these two units are linked with conduit. Residential building segment has the largest share in the ductless HVAC system market. Ductless HVAC system consume low energy and have easy installation procedures as ductless system doesn’t uses duct for cooling process. These factors are driving the usage of the ductless HVAC in the residential building.

Key Players

Samsung Electronics Co., Ltd., Hitachi, Ltd., United Technologies Corporation, LG Electronics, Johnson Controls, Mitsubishi Electric Corporation, Whirlpool Corporation, Daikin Industries Ltd., Electrolux, and Trane are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Ductless HVAC System market.

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Ductless HVAC System Market - Segments:

Global Ductless HVAC System Market is segmented in to three Key dynamics for an easy grasp and enhanced understanding.

Segmentation by Application: Residential, Commercial and Industrial

Segmentation by Type: Heating, Cooling and Ventilation

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Ductless HVAC System Market - Regional Analysis

The Asia-Pacific region was the fastest-growing market for ductless heating & cooling systems. The rapid economic growth and increasing population in countries in this region, such as China, India, Japan, South Korea, and Indonesia are leading to a significant increase in the use of ductless heating & cooling systems in residential & commercial buildings. China is the largest market for ductless heating & cooling systems, globally.

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Last Updated March 14, 2019