Global Ductless HVAC System Market was valued US$ XX Mn in 2018 and is expected to reach US$ XX Mn by 2026 at a CAGR of XX% during the forecast period.
Ductless HVAC is easy to install and consume low energy as such systems do not require duct for cooling process. This is estimated to drive the ductless HVAC system market during the forecast period. Ductless split systems also offer targeted cooling and heating comfort when conventional HVAC equipment is too costly to install. This system continues to gain importance during the forecast period owing to its various features like multiple heating and cooling stages and variable fan speeds. Furthermore, increasing environmental temperature and rising disposable income is projected to trigger the demand for ductless HVAC system. High initial cost of installment and negative effect on environment restrain the growth of ductless HVAC system market.