The global ductless heating & cooling systems market is anticipated to grow at a considerable CAGR of 8.0% during the forecast period (2022-2028). One of the major driving the growth of the market is the fact that ductless heating and cooling systems utilize energy-saving technologies that result in a lesser carbon footprint. As there is no ducting, with ductless system, homeowners don’t lose any of the temperature-controlled air through leaky ductwork and users don’t waste energy through air that’s lost through bad ducting.
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Additionally, the ENERGY STAR has also certified ductless heat pumps as an energy-efficient, environmentally friendly way to keep the home comfortable without the difficulty or expense of adding ductwork. ENERGY STAR had certified ductless mini-split heat pumps use 60% less energy than standard home electric resistance-based heating systems. Ductless mini-split heat pumps utilizes more sophisticated compressors and fans that can adjust speeds to save energy and cuts cooling costs by 30% compared to conventional room air conditioners. Continuous development in technology for more energy efficient systems will stimulate the demand for ductless heating & cooling systems in the market
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
o By Type
o By Application
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- including Daikin North America LLC., Fujitsu General Ltd., Johnson Controls, Inc., Lennox International Inc., Mitsubishi Electric Corp., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Ductless Heating & Cooling Systems Market Report Segment
By Type
- Split Systems
- Variable Refrigerant Flow (VRF) systems
- Window Air Conditioner Systems
By Application
- Residential Buildings
- Commercial Buildings
- Industrial Buildings
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Ductless Heating & Cooling Systems Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Bosch Thermotechnology Corp.
- Bryant Heating & Cooling Systems
- Carrier Global Corp.
- CieloWiGle Inc.
- Cooper&Hunter
- DENSO Corp.
- Durastar
- Enercare Inc.
- GE Appliances
- GREE Comfort
- H & H Heating And Air Conditioning Inc.
Reasons to Buying From us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
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