Ductless Hvac System Industry Statistics

In this post, we explore key statistics and insights surrounding the global ductless HVAC system industry. From market size and growth projections to regional trends and market leaders, the data paints a clear picture of the evolving landscape of ductless heating and cooling systems. Let’s dive into the numbers that are shaping the future of this industry.

Statistic 1

"The global ductless HVAC system market size was valued at USD 78.5 Billion in 2019."

Statistic 2

"The ductless HVAC system market is expected to grow at about 8.5% CAGR from 2021 to 2027."

Statistic 3

"North America's ductless HVAC system market is expected to grow with a CAGR of 4.9% by 2028."

Statistic 4

"Commercial application segment dominated the ductless HVAC systems market with 60% revenue share in 2020."

Statistic 5

"Asia Pacific dominated the ductless HVAC system market with a share of 40.5% in 2020."

Statistic 6

"Residential applications of ductless HVAC systems are projected to exhibit significant growth over the forecast period due to increasing residential construction activities."

Statistic 7

"Split air conditioners led the ductless HVAC systems market in 2020 and are projected to grow at a CAGR of 3.2% through 2028."

Statistic 8

"Minisplit ductless HVAC systems are expected to reach over USD 12 billion globally by 2026."

Statistic 9

"Daikin Industries held the leading position in the global ductless HVAC system market in 2019."

Statistic 10

"The highest sale of ductless HVAC systems in the U.S. was around four million in 2019."

Statistic 11

"The penetration of ductless systems in the U.S. constitutes for about 5% of total HVAC sales."

Statistic 12

"The US market is projected to reach a revised size of US$3.4 Billion by 2027."

Statistic 13

"The residential sector, the main area of application for ductless systems, accounted for 56.5% of the total volume in 2016."

Statistic 14

"By 2027, Ductless systems are expected to reach 8% penetration in all HVAC sales in the US."

Statistic 15

"By 2030, the global market for ductless heating & cooling systems is projected to reach US$109.8 billion."

Statistic 16

"The U.S. market was worth US$2.5 billion in 2020."

Statistic 17

"Mini-split variant of ductless HVAC systems is expected to register the fastest sales growth of 7.5% CAGR."

Statistic 18

"China holds the largest share of 31.8% in the global scenario."

Statistic 19

"Higher energy efficiency is encouraging the adoption of ductless HVAC systems in the commercial sector, which is predicted to reach $42.1 billion by 2027."

Statistic 20

"Ductless split systems dominated the global ductless HVAC market, with more than 60% share in 2015."

The statistics presented highlight a robust growth trajectory for the ductless HVAC system industry, driven by factors such as increasing residential construction activities, energy efficiency incentives, and technological advancements. The market size is projected to expand significantly, with key regions like Asia Pacific and North America leading the way. Commercial applications currently dominate the market, but residential sectors are expected to witness substantial growth in the coming years. Manufacturers like Daikin Industries are poised for continued success in this evolving landscape, with mini-split systems anticipated to drive future sales growth. Overall, the data indicate a promising outlook for the ductless HVAC sector, with substantial market expansion and adoption expected in the years ahead.