Global Ductless HVAC System Market Overview
A ductless HVAC has two units that include an outdoor compressor/condenser and an indoor air
handling unit. These two units are linked with conduit. A ductless HVAC system is used for
cooling as well as heating purposes. It has an advantage over traditional HVAC such as it is easy
to install and has low cost systems. Owing to its size, the temperature adjustment can be done very
easily. Traditional HVAC systems are forced to cool and heat up through ducts whereas, in ductless
HVAC systems, the air is directly delivered in different zones. These systems comprise a small
outdoor unit and one or more indoor units that require only mounting capabilities and access to
electricity. Sometimes ductless HVAC systems are referred to as split systems, split-ductless
systems, or multi-split systems. Many homeowners have started switching to ductless cooling and
heating owing to the higher efficiency and lower energy requirement for smooth functioning. This
is one of the most primary factors driving the global Ductless HVAC System Market Share over
the forecast period.
Ductless split systems also provide targeted heating and cooling when on the other hand, the
conventional HVAC systems is too costly and impractical to install. It is widely adopted in
Southeast Asia and Europe and continues to gain popularity in the US as consumers and businesses
are trying to look for cost-effective alternatives to window units, packaged terminal air
conditioners and inefficient ducted systems. Ductless cooling and heating systems use a pair of
indoor and outdoor units to warm or cool specific areas. These energy-efficient units provide easier
installation and offer flexible and low-cost solutions for zoned heating and cooling. The global
ductless HVAC system market is estimated to expand at 8.5% CAGR between 2016 and 2021.
Market Segmentation
The global ductless HVAC system market is studied for various segments which are carried out
on the basis of equipment type, implementation type, application, and region.
Based on equipment type, the global ductless HVAC system market is segmented into heating,
ventilation, and cooling.
Based on implementation type, the global ductless HVAC system market is segmented into retrofit
and new construction.
Based on application, the global ductless HVAC system market is segmented into commercial,
residential, and industrial. Among these, the residential segment is anticipated to take over the
largest share of the global ductless HVAC system market over the forecast period.
Regional Analysis
The global ductless HVAC system market has been studied for the regional segments of North
America, South America, the Middle East & Africa, Europe, and the APAC.
Asia Pacific is projected to be the fastest growing ductless HVAC system market over the estimate
period. This can be accredited to the rapid economic growth in various developing countries such
as India, China, South Korea, and Japan. Further, increasing population in these countries has led
to higher demand for ductless heating and cooling systems in residential and commercial buildings.