Ductless Heating, Ventilation, And Air Conditioning (HVAC) Systems Market

By Equipment Type;

Heating, Cooling, and Ventilation

By Sales Channel;

OEM and Aftermarket

By Implementation Type;

New Construction and Retrofit

By Application;

Commercial, Residential, and Industrial

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa,and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn131160285 Published Date: August, 2025 Updated Date: September, 2025

Ductless Heating, Ventilation, And Air Conditioning (HVAC) Systems Market Overview

Ductless Hvac System Market (USD Million)

Ductless Hvac System Market was valued at USD 9,278.32 million in the year 2024. The size of this market is expected to increase to USD 16,108.68 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.


Ductless Heating, Ventilation, And Air Conditioning (HVAC) Systems Market

*Market size in USD million

CAGR 8.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.2 %
Market Size (2024)USD 9,278.32 Million
Market Size (2031)USD 16,108.68 Million
Market ConcentrationMedium
Report Pages389
9,278.32
2024
16,108.68
2031

Major Players

  • Daikin Industries, Ltd.
  • Mitsubishi Electric Corporation
  • LG Electronics Inc.
  • Fujitsu General Limited
  • Panasonic Corporation
  • Carrier Global Corporation
  • Johnson Controls International plc
  • Samsung Electronics Co., Ltd.
  • Gree Electric Appliances Inc. of Zhuhai
  • Trane Technologies plc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Ductless Heating, Ventilation, And Air Conditioning (HVAC) Systems Market

Fragmented - Highly competitive market without dominant players


The Ductless Heating, Ventilation, and Air Conditioning (HVAC) Systems Market is witnessing strong growth due to the rising demand for energy-efficient and flexible air management solutions. Nearly 45% of consumers now prefer ductless systems for their cost-effectiveness and sustainable performance. This shift highlights the growing adoption of advanced technologies aimed at reducing energy waste and enhancing indoor comfort.

Key Drivers Accelerating Growth
One of the primary reasons for adoption is the remarkable 30% reduction in energy loss compared to duct-based systems. Businesses and households are turning toward ductless HVAC solutions to lower utility costs and reduce carbon footprints. This emphasis on energy efficiency positions ductless systems as a preferred option in both construction and retrofitting projects.

Consumer Adoption Trends
Adoption rates are rising quickly, with around 50% of small commercial establishments integrating ductless HVAC systems. Consumers value the ability to regulate temperatures across individual zones, which maximizes comfort while minimizing waste. This trend reflects a growing desire for convenience, customization, and smarter energy use in everyday operations.

Advancements Strengthening Market Adoption
The integration of inverter-driven compressors and smart control technologies is driving innovation in ductless HVAC systems. Over 40% of recent installations now feature intelligent control mechanisms that optimize cooling and heating cycles. These innovations are expanding system capabilities, offering improved durability, enhanced efficiency, and seamless user experience.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Equipment Type
    2. Market Snapshot, By Sales Channel
    3. Market Snapshot, By Implementation Type
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Ductless Hvac System Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Energy Efficiency and Lower Operating Costs
        2. Flexibility in Installation and Zoning Capabilities
        3. Growing Demand in Residential and Commercial Sectors
      2. Restraints
        1. Initial Cost and Higher Installation Expenses
        2. Limited Capacity for Larger Spaces
        3. Competition from Ducted HVAC Systems
      3. Opportunities
        1. Technological Advancements and Smart HVAC Integration
        2. Expansion in Emerging Markets
        3. Retrofitting and Renovation Projects
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Ductless Hvac System Market, By Equipment Type , 2021 - 2031 (USD Million)
      1. Heating
      2. Cooling
      3. Ventilation
    2. Ductless Hvac System Market,By Sales Channel, 2021 - 2031 (USD Million)

      1. OEM

      2. Aftermarket

    3. Ductless Hvac System Market,By Implementation Type, 2021 - 2031 (USD Million)
      1. New Construction
      2. Retrofit
    4. Ductless Hvac System Market, By Application, 2021 - 2031 (USD Million)

      1. Commercial

      2. Residential

      3. Industrial

    5. Ductless Hvac System Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Daikin Industries Ltd.
      2. Mitsubishi Electric Corporation
      3. Fujitsu General Limited
      4. LG Electronics Inc.
      5. Panasonic Corporation
      6. Samsung Electronics Co., Ltd.
      7. Carrier Global Corporation
      8. Trane Technologies plc
      9. Bosch Thermotechnology GmbH
      10. Johnson Controls International plc
      11. Hitachi Ltd.
      12. Gree Electric Appliances Inc.
      13. Midea Group Co., Ltd.
      14. Toshiba Carrier Corporation
      15. Emerson Electric Co.
  7. Analyst Views
  8. Future Outlook of the Market