PUBLISHER: Grand View Research | PRODUCT CODE: 1869680
PUBLISHER: Grand View Research | PRODUCT CODE: 1869680
The global split HVAC systems market size was estimated at USD 48,679.6 million in 2024 and is projected to reach USD 106,248.0 million by 2033, growing at a CAGR of 8.7% from 2025 to 2033. The rapid pace of urbanization is increasing the demand for residential and commercial buildings, driving the need for efficient cooling and heating solutions.
Split HVAC systems, being compact and versatile, are ideal for such developments. Rising disposable incomes are also enabling homeowners to invest in modern HVAC solutions. This trend is particularly strong in emerging economies where new housing projects are expanding rapidly. Increasing focus on energy-efficient appliances is pushing the adoption of split HVAC systems that consume less power. Innovations such as inverter technology and smart controls enhance performance while reducing electricity bills. Environmental regulations encouraging low-emission equipment further support market growth. Consumers are increasingly prioritizing eco-friendly solutions without compromising comfort.
Global Split HVAC Systems Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global split HVAC systems market report based on product type, installation, end use, and region: