Ductless Heating And Cooling Systems Market 2022 : Trends, Business Growth And Major Driving Factors | Daikin Industries Ltd, Fujitsu General Ltd, Hitachi Ltd, LG Electronics Corp, Johnson Controls International

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The global ductless heating and cooling systems market report by the business research company identifies growing number of smart homes to be a major growth driver for the ductless heating and cooling systems market. 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 that electricity is saved and power and water bills are reduced. 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, when 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 system market.

The global ductless heating and cooling system market size is expected to grow from $67.70 billion in 2021 to $73.22 billion in 2022 at a compound annual growth rate (CAGR) of 8.16%. The global ductless heating and cooling system market size is expected to reach $106.43 billion in 2026 at a compound annual growth rate (CAGR) of 9.80%.

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Asia-Pacific was the largest region in the ductless heating and cooling system market in 2021. The regions covered in the global ductless heating and cooling system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the ductless heating and cooling systems market are Daikin Industries Ltd, Fujitsu General Ltd, Hitachi Ltd, LG Electronics Corp, Johnson Controls International, Carrier Global Corporation, Whirlpool Corporation, Mitsubishi Electric Corporation, Samsung Electronics Co Ltd, Trane Technologies plc, Trane Technologies plc, Electrolux AG, Ingersoll-Rand plc, Emerson Electric Co, Honeywell International Inc, Lennox International Inc, A.O Smith Water Products Company B.V, Nortek Air Solutions, LLC and Haier Smart Home.

The global Ductless Heating And Cooling Systems market is segmented -
1) By Type: Cooling Only Split System, Heat Pump, Chilled Water System, Window Air Conditioners
2) By Application: Residential, Commercial, Industrial

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The Ductless Heating And Cooling Systems Market Report Contents Include
1. Executive Summary
2. Ductless Heating And Cooling Systems Market Characteristics
3. Ductless Heating And Cooling Systems Market Trends And Strategies
4. Impact Of COVID-19 On Ductless Heating And Cooling Systems
5. Ductless Heating And Cooling Systems Market Size And Growth
....
27. Ductless Heating And Cooling Systems Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ductless Heating And Cooling Systems Market
29. Ductless Heating And Cooling Systems Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the Ductless Heating And Cooling Systems market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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