Sept. 30, 2013: Ductless Systems Growing in Global HVAC Market
Ductless Has Been Gaining in Market Share in North America
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.
“Ductless systems have several advantages over ducted systems,” said Bob Gohn, senior research director with Navigant Research. “They are more efficient, avoiding duct-related losses that in some cases can account for up to a 30 percent loss in system efficiency. Ductless systems may also be easier to install into older buildings, especially where sufficient space for the installation of ductwork may not be available without significant modifications to the building.”
Ductless systems have historically been utilized most widely in Europe and Asia Pacific, where they are typically the preferred HVAC system. In the North American market, ducted unitary systems are far more prevalent, and ductless systems were nearly nonexistent in the market until the early 2000s, according to the report. They have been gaining in market share in North America since that time, and are projected to grow at a compound annual growth rate of more than 14 percent between 2013 and 2020.
Publication date: 9/30/2013
Want more HVAC industry news and information? Join The NEWS on Facebook, Twitter, and LinkedIn today!
Looking for quick answers on air conditioning, heating and refrigeration topics? Try Ask ACHR NEWS, our new smart AI search tool. Ask ACHR NEWS
Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!
