Split AC Market Trends, Business Overview, Industry Growth and Forecast to 2028

The split air conditioning system consists of an outdoor unit and an indoor unit. The outdoor unit is fixed on or near the outer wall of the room to be cooled. These devices have a compressor, a condenser coil, a developing coil or a capillary tube. The stylish-looking indoor unit covers the cooling coil, blower and air filter. Split air conditioning system is valued as an important product rather than a luxury, and the demand for split air conditioning system has increased significantly.

Key Players

• Daikin
• Gree
• Midea
• Mitsubishi Electric
• United Technologies
• LG Electronics
• Fujitsu
• Haier
• Lennox International
• Samsung Electronics
• Toshiba
• Voltas
• Whirlpool
• YORK
• Panasonic

Market – Segmentation

Segments by Type

• Wall Mounted
• Floor Standing
• Cassette
• Ceiling Suspended
• Ducted

Segments by Application

• Residential
• Commercial

Scope of the Report

The research study analyses the Global Split AC Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

Geographic Coverage 

• o North America Market Size and/or Volume
• o Latin America Market Size and/or Volume
• o Europe Market Size and/or Volume
• o Asia-Pacific Market Size and/or Volume
• o Rest of the world Market Size and/or Volume

Key Questions Answered by Split AC Market Report

1. What was the Split AC Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Split AC Market during the forecast period (2022-2028)?

3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).

4. Which manufacturer/vendor/players in the Split AC Market was the market leader in 2021s?

5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.