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Ductless Heating and Cooling Systems Market: New Era Of Industry & Forecast

05-07-2018 08:57 PM CET | IT, New Media & Software

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Ductless Heating and Cooling Systems Market: New Era Of Industry

Ductless systems use variable-speed inverter compressor technology to efficiently heat and/or cool any space where they are installed. Ductless systems are also known as heat pumps or mini splits units that are efficient heating and cooling systems. These systems are quiet, safe, cost and energy efficient, and durable.

Ductless heating and cooling systems are typically two-way heat pumps that transfer heat between indoor and outdoor air. This air is expanded or contracted using a refrigerant. Akin to a common refrigerator cycle, the ductless systems utilize refrigerant vapor compression cycle. They collect heat from outside air and deliver cooler air inside the space using refrigerant (cooling) cycle. Opposite is the case with the heating cycle.

Ductless Heating and Cooling Systems Market: Dynamics & Trends

Air conditioners and freezers are familiar examples of heat pumps. The term 'heat pump' is more general and applies to many HVAC (heating, ventilating, and air conditioning) devices used for space heating or space cooling. Ductless systems utilize variable speed compressors with inverter technology (alternating current cycle to direct current cycle) to match the continuous requirement of heating/cooling loads. Thus, the inefficient on/off cycle of the conventional electric resistance and central heating systems is avoided. Conventional electric resistance and heating systems are often associated with uncomfortable temperature variations and high energy consumption.

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The inverter technology makes the operation ultra-quiet at variable speeds. This results in even temperature control, energy savings, and high power dehumidification. The compressor speed modulates automatically, akin to a vehicle's cruise control. This variable compressor speed enables the system to avoid running at maximum capacity constantly and draw energy when actually needed.

Ductless heating and cooling systems offer highly flexible heating and cooling solutions depending on the zones and closed spaces. These systems save overall cost power consumption as compared to ducted systems and conventional electric resistance and heating systems. Apart from saving costs, installation of ductless systems enables tax credits and utility rebates for a year (in federal, state, or local level programs), especially in North America, Europe, and some countries in Asia such as Japan. Ductless heating and cooling systems are quick and easy to install. They do not disrupt daily activities regardless of the space where they are intended to be installed. Based on environment protection, heating and cooling systems, especially the cooling systems, emit CFCs (Chloro-Fluoro-Carbons) that directly damage the protective layer of ozone. Ductless systems with the latest inverter technology and improved refrigerant usage lower the carbon footprint and are considered to be highly environmentally-friendly.

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Ductless Heating and Cooling Systems Market: Segmentation

Based on application, the ductless heating and cooling systems market can be segmented by type into single zone system and multi zone system. In terms of end-use, the market can be divided into HVAC (heating ventilation and air conditioning), water heating, and district heating. Based on region, the global ductless heating and cooling systems market can be segregated into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Ductless Heating and Cooling Systems Market: Region-wise Outlook

The global ductless heating and cooling systems market has been expanding due to the rise in industrialization and increase in infrastructure development. The ductless heating and cooling systems market in Asia Pacific, Middle East & Africa, and Latin America, especially in India, Taiwan, China, Japan, Brazil, Mexico, Argentina, GCC, and countries in West Africa and Oceania, has been expanding rapidly. The ductless heating and cooling systems market in North America and Europe is expected to expand at a stable pace in the near future.

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Ductless Heating and Cooling Systems Market: Key Players

Key players operating in the global ductless heating and cooling systems market include Daikin, General, Mitsubishi Electric, Carrier, A.O Smith Water Products Company B.V, and Fujitsu General.

Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

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