Sept. 30, 2013: Ductless Systems Growing in Global HVAC Market
Ductless Has Been Gaining in Market Share in North America
BOULDER, Colo. — Annual revenue from ductless systems will grow from $3.9 billion in 2013 to more than $9 billion by 2020, representing nearly 30 percent of total energy efficient HVAC systems revenue in that year, according to a new report from Navigant Research.
Overall, annual revenue from energy efficient HVAC systems will grow from $17.2 billion in 2013 to $33.2 billion by 2020, the report says.