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Ductless Heating & Cooling Systems Market by Type (Split Systems, Window Air Conditioner Systems), Application (Residential Buildings, Commercial Buildings, Industrial Buildings) - Global Forecast to 2021

Ductless Heating & Cooling Systems Market: Global Forecast until 2021

  • October 2016
  • 158 pages
  • ID: 4275247
In this report:
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According to National Bureau of Statistics of China, in 2015, the floor space of commercial buildings sold was ##,##.## million square meters, a year-on-year increase of ##.##%.

Summary

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"Strong demand for energy efficient systems, is driving the ductless heating & cooling systems market"

The overall ductless heating & cooling systems market is estimated to grow ~$78.6B by 2021, at a compound annual growth rate of ~8.2 percent from 2016 to 2021. Growing demand from the residential buildings application is the main driver in the overall ductless heating & cooling systems market. The overall construction industry is anticipated to grow with the growing demand for residential buildings in main economies including India, China (CN), the U.S.A, Middle East (ME), Germany (DE), Brazil (BR), and others. Important rise in the numbers of residential buildings is anticipated to stimulate the industry demand for ductless heating & cooling systems, but the high initial installation cost and the lower capacity of ductless systems as distinguished to ducted air conditioners may restrain its development in future.

"Residential Buildings, the quickest-rising application for ductless heating & cooling systems"

Ductless heating & cooling systems are mainly used for heating and cooling indoor air in residential buildings. Residential buildings have come across as the main consumers for the ductless heating & cooling systems. The sector demand is due to the low energy consumption of ductless heating & cooling systems and their easy installation. Fast-growing construction sectors in the Asia-Pac area are stimulating the market demand for ductless heating & cooling systems for residential buildings, which is a result of the growing population, quick urbanization and strong economic increase in the area.

"Asia Pacific (APAC), the most important and quickest-increasing market for ductless heating & cooling systems"

The Asia-Pac region is the biggest market for ductless heating & cooling systems globally, and China (CN), the leading market. The Asia Pacific (APAC) area is increasing at the maximal rate, due to the fast economic expansion the area is currently undergoing. Futhermore, the resulting quick development in the construction industry is driving the industry demand for ductless heating & cooling systems for residential buildings in the territory.

This analysis has been approved through primary Q&A managed with different market experts globally. Those primary sources have been sliced into three class: by organization; by description; and by area.

- By Company Type- Tier 1 60.0 percent, Tier 2 30.0 percent and Tier 3 10.0 percent

- By Designation- C Level- 40.0 percent, Director Level- 300.0 percent, Others- 30.0 percent

- By Region- North America- 10.0 percent, Asia-pac- 50%, Western Europe- 20.0 percent, and Middle East & Africa- 20.0 percent

The analysis also contains company analysis and competitive landscape approved by the main market players including Samsung (KRX:005930), Hitachi Ltd., United Technologies Corporation (NYSE:UTX), LG Electronics, Johnson Controls, Daikin Industries Ltd., AB Electrolux, Mitsubishi Electric (TSE:6503), and Whirlpool Corporation.

Segment Research

The market research includes the overall ductless heating & cooling systems market across various applications and territories. It aims at evaluating the market value and upcoming growth potential of this market across distinct segments including type, application, and area. Moreover, the industry report also comprises a detailed competitive analysis of the top players in the sector together with their company descriptions, SWOT study, latest developments, and key industries strategies. The study will facilitate the market top players/new sector entrants in this sector by providing them the closest approximations of the revenues for the global ductless heating & cooling systems market.

Why acquiring this study can help you:

From an insight prospect, this market research has focused upon several levels of analysis - industry study, market share research of top players, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape; coming out and high-growth segments of the ductless heating & cooling systems market; high-growth areas; and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on ductless heating & cooling systems provided by the top actors in the overall ductless heating & cooling systems market.

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, Research&development activities, and recent product launches in the ductless heating & cooling systems market.

- Industry development: Highlighted information about profitable emerging sectors - the market research examines the industries for ductless heating & cooling systems across localities.

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall ductless heating & cooling systems market.

- Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of the key players in the overall ductless heating & cooling systems market.

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