Global Ductless Heating And Cooling Systems Market Report 2024

Ductless Heating And Cooling Systems Global Market Report 2024 – By Type (Cooling Only Split System, Heat Pump, Chilled Water System, Window Air Conditioners), By Application (Residential, Commercial, Industrial) – Market Size, Trends, And Global Forecast 2024-2033

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Ductless Heating And Cooling Systems Market Definition And Segments

The ductless heating and cooling systems are used to control air temperature, resulting in better airflow and more comfortable temperatures. These systems are less expensive than installing central heating and air conditioning with no existing ducts and are handier than single-room heaters and window air conditioners. It offers varied control, energy savings, and improved air quality, enabling it to increase the efficiency and comfort of indoor environments.

The main types of ductless heating and cooling systems are cooling only split system, heat pump, chilled water system and window air conditioners. The cooling only split system are an HVAC system that includes indoor and outdoor units linked by copper tubing. Split systems have a heat pump or air conditioner installed outside the home and a gas furnace or a fan coil inside. These ductless heating and cooling systems are commonly used in residential, commercial and industrial areas.

The ductless heating and cooling systems market covered in this report is segmented –

1) By Type: Cooling Only Split System, Heat Pump, Chilled Water System, Window Air Conditioners

2) By Application: Residential, Commercial, Industrial

The ductless heating and cooling systems market size has grown strongly in recent years. It will grow from $78.63 billion in 2023 to $86.34 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to energy efficiency regulations, increasing awareness of environmental sustainability and energy conservation, increased construction industry, fluctuating energy prices, and government incentives.

The ductless heating and cooling systems market size is expected to see strong growth in the next few years. It will grow to $123.61 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to climate change mitigation efforts and the need for energy-efficient buildings, adoption of green building certifications and standards, research and development sustainable materials, increasing demand for passive house and zero-energy building designs, and urbanization and population growth. Major trends in the forecast period include smart and wi-fi-enabled systems, sustainability and eco-friendly refrigerants, inverter technology, ductless mini-split systems, and heat pump technology.

Rising Prevalence Of Intelligent Or Connected Homes

The growing number of smart homes is expected to propel the growth of the ductless heating and cooling systems market going forward. Smart homes give customers more control over home energy consumption by automating tasks such as regulating temperature, turning on/off lights, opening, and shutting window treatments, and adjusting watering based on weather. These facilities ensure electricity and reduce power and water bills. For instance, according to a survey by Oberlo, a Lithuania-based software development company, in 2022, nearly 57.4 million households in the US are currently using smart home devices, which is a 6.7% increase from 2021 where the number was 53.8 million households using smart home devices. Therefore, the growing number of smart homes will drive the ductless heating and cooling systems market during forecast period.

Increasing Adoption Of Cooling Systems Within The Expanding Automotive Sector

Rise in usage of cooling systems in growing automotive industry is expected to propel the growth of the ductless heating and cooling systems market going forward. Cooling systems, also referred to as air conditioning or refrigeration systems, are devices or systems that remove heat from an area or material, lowering its temperature. Cooling systems are essential in the automotive industry for regulating the temperature of various components and ensuring maximum engine performance. For instance, according to the May 2023, European Automobile Manufacturers Association (ACEA) report, a Belgium-based association for automobile industry in the European Union, in 2022, 85.4 million motor vehicles were produced around the world, an increase of 5.7% compared to 2021. Therefore, the rise in usage of cooling systems in automotive will drive the ductless heating and cooling systems market during forecast period.

Major companies operating in the ductless heating and cooling systems market include Daikin Industries Ltd., Fujitsu General Ltd., Hitachi Ltd., Lucky Goldstar Electronics Corp., Johnson Controls International PLC, Carrier Global Corporation, Trane Technologies PLC, Emerson Electric Co., Honeywell International Inc., Mitsubishi Electric Corporation, Nortek Air Solutions LLC, Samsung Electronics Co. Ltd., GREE Electric Appliances Inc. of Zhuhai, Midea Group Co. Ltd., Panasonic Corporation, Haier Smart Home Co. Ltd., Whirlpool Corporation, Electrolux AB, Lennox International Inc., Rheem Manufacturing Company, Pioneer Air Conditioning & Heating Co., Mirage HVAC Systems Inc., Carrier Enterprise LLC, Friedrich Air Conditioning Co. Ltd., Gree USA Inc., LG HVAC, Senville, Air-Con International Inc., Cooper&Hunter International Corporation, YMGI Group

Development Of Technologically Advanced Products

Technological innovation is a key trend gaining popularity in the ductless heating and cooling systems market. Major companies operating in the ductless heating and cooling systems market are focused on providing technologically advanced devices to strengthen their market position. These companies are implementing next-generation technologies into their devices and framework, such as automation, Internet of Things, advanced control algorithms, inverter-driven compressors, intelligent valves, and others to provide independent humidity and temperature control while eliminating the need for environmentally hazardous refrigerants. For instance, in March 2021, Carrier, a US-based home appliance company, introduced new ductless heating and cooling products that are fully communicative, providing versatility and energy efficiency. These products include the Performance Series high wall ductless system, which comprises the 40MAHB indoor unit and the 38MARB outdoor unit, and the multi-poise 40MBAA air handler.

Innovations In Cooling Systems

Major companies operating in the ductless heating and cooling systems market are focused on developing innovative products with advanced technologies to strengthen their position in the market. Microconvective liquid cooling is an innovative technology that uses small jets of high-velocity fluid to cool the industry's highest-power devices .For instance, in October 2022, JetCool Technologies Inc., a US-based company that specializes in designing and manufacturing microconvective liquid cooling solutions specifically tailored for compute-intensive applications, launched its SmartPlate System at the 2022 Open Compute Project Global Summit. This product is a chassis-level, closed-loop, direct-to-chip water cooling solution designed to increase efficiency in data center operations. The SmartPlate System offers a performance cooling solution that enables data center operators to efficiently cool the latest generation of high-performance processors and GPUs. The system uses JetCool's patented microconvective cooling, delivering unrivaled cooling performance and reliability for demanding applications. The system is designed for easy integration and installation, with no need for external plumbing or additional infrastructure.

Carrier Global Completed Acquisition Of Guangdong Giwee Group

In June 2021, Carrier Global, a US-based home appliances corporation, acquired Guangdong Giwee Group and its subsidiaries, including Guangdong Chigo Heating & Ventilation Equipment Co. Ltd., for an undisclosed amount. With this acquisition, Carrier will access the fast-increasing variable refrigerant flow (VRF) and light commercial markets. Guangdong Giwee Group is a China-based heating, ventilation, and air conditioning manufacturer.

Asia-Pacific was the largest region in the ductless heating and cooling system market in 2023. The regions covered in the ductless heating and cooling systems market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the ductless heating and cooling systems market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The ductless heating and cooling system market consists of sales of single zone and multi zone units. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The ductless heating and cooling systems market research report is one of a series of new reports from The Business Research Company that provides ductless heating and cooling systems market statistics, including ductless heating and cooling systems industry global market size, regional shares, competitors with a ductless heating and cooling systems market share, detailed ductless heating and cooling systems market segments, market trends and opportunities, and any further data you may need to thrive in the ductless heating and cooling systems industry. This ductless heating and cooling systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Ductless Heating And Cooling Systems Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $86.34 billion
Revenue Forecast In 2033 $123.61 billion
Growth Rate CAGR of 9.4% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Cooling Only Split System, Heat Pump, Chilled Water System, Window Air Conditioners
2) By Application: Residential, Commercial, Industrial
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Daikin Industries Ltd.; Fujitsu General Ltd.; Hitachi Ltd.; Lucky Goldstar Electronics Corp.; Johnson Controls International PLC; Carrier Global Corporation; Trane Technologies plc; Emerson Electric Co.; Honeywell International Inc.; Mitsubishi Electric Corporation; Nortek Air Solutions LLC; Samsung Electronics Co. Ltd.; GREE Electric Appliances Inc. of Zhuhai; Midea Group Co. Ltd.; Panasonic Corporation; Haier Smart Home Co. Ltd.; Whirlpool Corporation; Electrolux AB; Lennox International Inc.; Rheem Manufacturing Company; Pioneer Air Conditioning & Heating Co.; Mirage HVAC Systems Inc.; Carrier Enterprise LLC; Friedrich Air Conditioning Co. Ltd.; Gree USA Inc.; LG HVAC; Senville; Air-Con International Inc.; Cooper&Hunter International Corporation; YMGI Group
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Ductless Heating And Cooling Systems Market Characteristics

    3. Ductless Heating And Cooling Systems Market Trends And Strategies

    4. Ductless Heating And Cooling Systems Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Ductless Heating And Cooling Systems Market Size and Growth

    5.1. Global Ductless Heating And Cooling Systems Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Ductless Heating And Cooling Systems Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Ductless Heating And Cooling Systems Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Ductless Heating And Cooling Systems Market Segmentation

    6.1. Global Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Cooling Only Split System

    Heat Pump

    Chilled Water System

    Window Air Conditioners

    6.2. Global Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Residential

    Commercial

    Industrial

    7. Ductless Heating And Cooling Systems Market Regional And Country Analysis

    7.1. Global Ductless Heating And Cooling Systems Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Ductless Heating And Cooling Systems Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Ductless Heating And Cooling Systems Market  

    8.1. Asia-Pacific Ductless Heating And Cooling Systems Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Ductless Heating And Cooling Systems Market  

    9.1. China Ductless Heating And Cooling Systems Market Overview  

    9.2. China Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Ductless Heating And Cooling Systems Market  

    10.1. India Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Ductless Heating And Cooling Systems Market  

    11.1. Japan Ductless Heating And Cooling Systems Market Overview  

    11.2. Japan Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Ductless Heating And Cooling Systems Market  

    12.1. Australia Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Ductless Heating And Cooling Systems Market  

    13.1. Indonesia Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Ductless Heating And Cooling Systems Market  

    14.1. South Korea Ductless Heating And Cooling Systems Market Overview  

    14.2. South Korea Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Ductless Heating And Cooling Systems Market  

    15.1. Western Europe Ductless Heating And Cooling Systems Market Overview

    15.2. Western Europe Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Ductless Heating And Cooling Systems Market  

    16.1. UK Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Ductless Heating And Cooling Systems Market  

    17.1. Germany Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Ductless Heating And Cooling Systems Market  

    18.4. France Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.5. France Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Ductless Heating And Cooling Systems Market  

    19.7. Italy Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.8. Italy Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Ductless Heating And Cooling Systems Market  

    20.10. Spain Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.11. Spain Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Ductless Heating And Cooling Systems Market  

    21.1. Eastern Europe Ductless Heating And Cooling Systems Market Overview

    21.2. Eastern Europe Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Ductless Heating And Cooling Systems Market  

    22.1. Russia Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Ductless Heating And Cooling Systems Market  

    23.1. North America Ductless Heating And Cooling Systems Market Overview

    23.2. North America Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Ductless Heating And Cooling Systems Market  

    24.1. USA Ductless Heating And Cooling Systems Market Overview

    24.2. USA Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Ductless Heating And Cooling Systems Market  

    25.1. Canada Ductless Heating And Cooling Systems Market Overview

    25.2. Canada Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Ductless Heating And Cooling Systems Market  

    26.1. South America Ductless Heating And Cooling Systems Market Overview

    26.2. South America Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Ductless Heating And Cooling Systems Market  

    27.1. Brazil Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Ductless Heating And Cooling Systems Market  

    28.1. Middle East Ductless Heating And Cooling Systems Market Overview

    28.2. Middle East Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Ductless Heating And Cooling Systems Market  

    29.1. Africa Ductless Heating And Cooling Systems Market Overview

    29.2. Africa Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Ductless Heating And Cooling Systems Market Competitive Landscape And Company Profiles

    30.1. Ductless Heating And Cooling Systems Market Competitive Landscape

    30.2. Ductless Heating And Cooling Systems Market Company Profiles

    30.2.1. Daikin Industries Ltd.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Fujitsu General Ltd.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Hitachi Ltd.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Lucky Goldstar Electronics Corp.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Johnson Controls International PLC

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Ductless Heating And Cooling Systems Market Competitive Benchmarking

    32. Global Ductless Heating And Cooling Systems Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Ductless Heating And Cooling Systems Market

    34. Ductless Heating And Cooling Systems Market Future Outlook and Potential Analysis

    34.1 Ductless Heating And Cooling Systems Market In 2028 - Countries Offering Most New Opportunities

    34.2 Ductless Heating And Cooling Systems Market In 2028 - Segments Offering Most New Opportunities

    34.3 Ductless Heating And Cooling Systems Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Ductless Heating And Cooling Systems Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Ductless Heating And Cooling Systems Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Asia-Pacific, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: China, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: China, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: India, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: India, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: Japan, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: Japan, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: Australia, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: Australia, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Indonesia, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Indonesia, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: South Korea, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: South Korea, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Western Europe, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Western Europe, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: UK, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: UK, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Germany, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Germany, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: France, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: France, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Italy, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Italy, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Spain, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Spain, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Eastern Europe, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: Eastern Europe, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Russia, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Russia, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: North America, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: North America, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: USA, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: USA, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Canada, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Canada, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: South America, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: South America, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Brazil, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Brazil, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Middle East, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Middle East, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Africa, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Africa, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Daikin Industries Ltd. Financial Performance
  • Table 52: Fujitsu General Ltd. Financial Performance
  • Table 53: Hitachi Ltd. Financial Performance
  • Table 54: Lucky Goldstar Electronics Corp. Financial Performance
  • Table 55: Johnson Controls International PLC Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Ductless Heating And Cooling Systems Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Ductless Heating And Cooling Systems Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Asia-Pacific, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: China, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: China, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: India, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: India, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: Japan, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: Japan, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: Australia, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: Australia, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Indonesia, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Indonesia, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: South Korea, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: South Korea, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Western Europe, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Western Europe, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: UK, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: UK, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Germany, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Germany, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: France, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: France, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Italy, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Italy, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Spain, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Spain, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Eastern Europe, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: Eastern Europe, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Russia, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Russia, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: North America, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: North America, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: USA, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: USA, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Canada, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Canada, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: South America, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: South America, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Brazil, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Brazil, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Middle East, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Middle East, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Africa, Ductless Heating And Cooling Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Africa, Ductless Heating And Cooling Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Daikin Industries Ltd. Financial Performance
  • Figure 52: Fujitsu General Ltd. Financial Performance
  • Figure 53: Hitachi Ltd. Financial Performance
  • Figure 54: Lucky Goldstar Electronics Corp. Financial Performance
  • Figure 55: Johnson Controls International PLC Financial Performance
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Frequently Asked Questions

What is the definition of the drug screeningmarket?

Drug screening is an approach used for drug testing, identified and optimized for clinical trials used in the analysis of blood, urine, hair, or saliva to detect the presence of chemicals and pollutants and other illicit substance left in the body as a result of drug usage. For further insights on the drug screening market, request a sample here

How will the drug screening market drivers and restraints affect the drug screening market dynamics? What forces will shape the drug screening industry going forward?

The drug screening market major growth driver - increasing drug and alcohol usage. For further insights on the drug screening market, request a sample here

What is the forecast market size or the forecast market value of the drug screening market ?

The drug screening market size has grown rapidly in recent years. It will grow from $7.65 billion in 2023 to $8.79 billion in 2024 at a compound annual growth rate (CAGR) of 14.9%. The growth in the historic period can be attributed to pharmaceutical drug testing, healthcare and clinical diagnostics, substance abuse treatment, research and development investments, and increasing use of drug testing kits and devices. The drug screening market size is expected to see rapid growth in the next few years. It will grow to $15.04 billion in 2028 at a compound annual growth rate (CAGR) of 14.4%. The growth in the forecast period can be attributed to legalization of cannabis and opioid crisis, increasing sports events, point-of-care and rapid testing, evolving drug policies and regulations, growing workplace wellness and health programs, and international market expansion . Major trends in the forecast period include advanced drug detection technologies, telemedicine and remote testing, research and development investments, innovative drug testing kits and devices, and technological advancements in testing . For further insights on the drug screening market, request a sample here

How is the drug screening market segmented?

The drug screening market is segmented
1) By Products: Rapid Testing Devices, Consumables, Other Products
2) By Sample Type: Oral Fluid Sample, Hair Sample, Urine Sample, Breath Sample, Other Sample Types
3) By End User: Drug Testing Laboratories, Workplaces, Criminal Justice and Law Enforcement Agencies, Hospitals, Drug Treatment Centers, Individual Users, Pain Management Centers, Schools and CollegesFor further insights on the drug screening market,
request a sample here

Which region has the largest share of the drug screening market? What are the other regions covered in the report?

North America was the largest region in the drug screening market in 2023. Asia-Pacific is expected to be the fastest-growing region in the drug screening market during the forecast period. The regions covered in the drug screening market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the drug screening market, request a sample here.

Who are the major players in the drug screening market?

Major companies operating in the drug screening market include Laboratory Corporation, Quest Diagnostics Incorporated, Alere Inc., OraSure Technologies Inc., Alfa Scientific Designs Inc., Abbott Laboratories, Thermo Fisher Scientific Inc., Drägerwerk AG & Co. KGaA, LifeLoc Technologies Inc., MPD Inc., Omega Laboratories Inc., Premier Biotech Inc., Psychemedics Corporation, F. Hoffmann-La Roche Ltd., Shimadzu Corporation, Siemens Healthineers AG, Medtox Scientific Inc., American Screening Corporation, Clinical Reference Laboratory Inc., Express Diagnostics International Inc., Global Drug Testing Services, Kroll Laboratory Specialists Inc., LabOne Inc., Medscreen Laboratories, National Screening Centers Inc., American Bio Medica Corporation, Mayo Clinic Laboratories, ACM Global Laboratories, Intertek Group plc, Eurofins Scientific SE For further insights on the drug screening market, request a sample here.

What are the key trends in the drug screening market?

Major trend in the drug screening market - introduction of innovative products. For further insights on the drug screening market, request a sample here.

What are the major opportunities in the drug screening market? What are the strategies for the drug screening market?

For detailed insights on the major opportunities and strategies in the drug screening market, request a sample here.

How does the drug screening market relate to the overall economy and other similar markets?

For detailed insights on drug screening market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the drug screening industry?

For detailed insights on the mergers and acquisitions in the drug screening industry, request a sample here.

What are the key dynamics influencing the drug screening market growth? SWOT analysis of the drug screening market.

For detailed insights on the key dynamics influencing the drug screening market growth and SWOT analysis of the drug screening industry, request a sample here.