Multi Split Air Conditioner Market
Multi Split Air Conditioner Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Multi Split Air Conditioner Market Size and Growth
The global Multi Split Air Conditioner market is expected to experience significant growth due to increasing demand for energy-efficient cooling solutions. With a market size of $18.2 billion in 2020, the sector is projected to expand at a CAGR of 6.8% from 2021 to 2027. Factors such as technological advancements and rising urbanization are driving market growth.
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Companies Covered
(Covid 19 Impact Covered)
◍ Daikin
◍ Panasonic
◍ Carrier
◍ Hitachi
◍ Electrolux
◍ Haier
◍ Johnson Controls
◍ Lennox
◍ LG Electronics
◍ Midea
◍ Mitsubishi Electric
◍ Samsung
◍ EuropAce
◍ Fujitsu
◍ GREE
◍ Seeley International
◍ ActronAir
The competitive landscape of the Multi Split Air Conditioner Market includes key players such as Daikin, Panasonic, Carrier, Hitachi, Electrolux, Haier, Johnson Controls, Lennox, LG Electronics, Midea, Mitsubishi Electric, Samsung, EuropAce, Fujitsu, GREE, Seeley International, and ActronAir. These companies offer a variety of multi-split air conditioning systems to cater to different customer needs and preferences, driving market growth.
- Daikin reported sales revenue of $23.45 billion in 2020.
- Panasonic reported sales revenue of $63.24 billion in 2020.
- Samsung reported sales revenue of $225.4 billion in 2020.
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Market Segmentation
By Application
Residential
Commercial ◍ Industrial
By Product
◍ Power Less than 1000W
Power 1000W to 5000W ◍ Power 5000W to 10000W ◍ Power More than 10000W
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Market Growth
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$ X Billion USD
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