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Global Ducted Air Conditioning Unit Market Size By Technology (Manual, Automatic), By Component (Duct, Compressor, Evaporator), By Geographic Scope And Forecast


Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Ducted Air Conditioning Unit Market Size By Technology (Manual, Automatic), By Component (Duct, Compressor, Evaporator), By Geographic Scope And Forecast

Ducted Air Conditioning Unit Market Size And Forecast

Ducted Air Conditioning Unit Market size was valued at USD 10.12 Billion in 2024 and is projected to reach USD 13.44 Billion by 2031, growing at a CAGR of 5.53% during the forecast period 2024-2031.

The growing usage of these air conditioners in workplaces, owing to their many cabinets and the need for variable temperature management for each cabinet, is predicted to boost market Ducted Air Conditioning Unit growth. The Global Ducted Air Conditioning Unit Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Ducted Air Conditioning Unit Market Definition

A refrigerated cooling system that employs refrigerant to modify the temperature of the air is referred to as ducted air conditioning. Refrigerant is a material that can readily transition from gas to liquid, and it changes temperature while it does so. This temperature variation is used by the ducted system to cool or heat air that it draws from the home.

Moreover, an interior unit, usually located in the ceiling, and an outside unit make up a ducted air conditioner. The two units collaborate to complete a refrigeration cycle, with conditioned air circulated and distributed through a network of ducts and vents. Due to its effectiveness and simplicity of management, it’s often the best system for bigger buildings.

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Global Ducted Air Conditioning Unit Market Overview

The growing usage of these air conditioners in workplaces, owing to their many cabinets and the need for variable temperature management for each cabinet, is predicted to boost market Ducted Air Conditioning Unit growth. In addition, every room in your house or office may be cooled by a single ducted air conditioning system.

That means you can regulate the temperature of any room in your home with just one remote, including both heating and cooling, and Ducted air conditioning is extremely silent, allowing for a restful night’s sleep without the distraction those points triggering the growth of the market. Moreover, the market expansion is stifled by high installation costs and a lack of available space in the building.

Global Ducted Air Conditioning Unit Market Segmentation Analysis

The Global Ducted Air Conditioning Unit Market is segmented on the basis of Technology, Component, And Geography.

Ducted Air Conditioning Unit Market, By Technology

  • Manual
  • Automatic

Based on Technology, The market is divided into Manual and Automatic. Automatic type of technology is leading in the expansion of the market. Automatic climate control is a technology that uses an internal thermostat to manage temperature ranges within structures like houses and businesses. Because they cannot pump cold dry air into heating areas without being attached to ducting that must be drilled through inside walls, these cooling devices operate best when installed near windows to remove heat from indoors during hot weather outside.

Ducted Air Conditioning Unit Market, By Component

  • Duct
  • Compressor
  • Evaporator
  • Drier/Receiver
  • Condenser

Based on Component, The market is divided into Duct, Compressor, Evaporator, Drier/Receiver, and Condenser. The Compressor has contributed profit to the market because high-pressure refrigerant gas passes through the external unit’s Compressor. The gas is pressurized by the compressor, which causes it to condense into a liquid due to this demand for Compressors has been increased.

Ducted Air Conditioning Unit Market, By Geography

  • North America
  • Europe
  • Asia pacific
  • Rest of the world

On the basis of Geography, The Global Ducted Air Conditioning Unit Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America is expected to grow in the development of the market in the forecast period owing to the rapid industrialization, presence of high living standards amongst all the people, and huge demand for ducted air conditioners in Mexico and Canada.

Key Players

The “Global Ducted Air Conditioning Unit Market” report will provide valuable insight with an emphasis on the global market. Major key players are Denso Corporation, Eberspaecher Holding GmbH & Co. KG, MAHLE GmbH, Hanon Systems, Sanden Holdings Corporation, Mitsubishi Heavy Industries Ltd., Valeo SA, Subros Limited, Calsonic Kansei Corporation, Keihin Corporation. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

  • In march 2022, Mitsubishi Heavy Industries Air-Conditioners Australia Pty Ltd (MHIAA) announced cooperation with Mass Electronics Group (Mass Electronics), a turnkey HVAC solution provider, to supply the local relay model for its newest zoning solution, FlexiZone.
  • On August 25, Fujitsu General Limited announced that it would begin distributing the first HVAC system created in collaboration with Rheem in North America.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Denso Corporation, Eberspaecher Holding GmbH & Co. KG, MAHLE GmbH, Hanon Systems, Sanden Holdings Corporation, Mitsubishi Heavy Industries Ltd., Valeo SA.

SEGMENTS COVERED
  • By Technology
  • By Component
  • By Geography
CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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Table of Content

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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )