| Product Code: ETC6191779 | Publication Date: Sep 2024 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Australia split systems market, the import trend exhibited robust growth from 2023 to 2024, with a notable increase of 38.64%. The compound annual growth rate (CAGR) for the period from 2020 to 2024 stood at 4.53%. This surge in imports can be attributed to a steady demand shift towards more energy-efficient and technologically advanced cooling solutions, reflecting evolving consumer preferences and regulatory standards in the market.

Beyond residential cooling, split systems in Australia now include solutions for light commercial spaces and energy-saving buildings. Consumer preferences are leaning towards models with air purification, noise reduction, and smart home integration. The push toward green buildings and urban cooling solutions is adding momentum to this market.
The split systems market in Australia, including heating and cooling units, is benefiting from the push for energy-efficient and zone-controlled HVAC solutions. Consumer preference for low-noise, aesthetically pleasing units is influencing product design. Demand is particularly high in residential renovations and small-scale commercial installations, with smart features adding to consumer appeal.
Australia`s split systems market is impacted by energy labeling requirements and growing pressure to adopt eco-friendly technologies. Moreover, rising costs of raw materials and import tariffs can disrupt supply chains. Consumer demand is also highly seasonal, leading to inventory and cash flow management difficulties.
Australias split systems market (encompassing HVAC) presents opportunities in residential, commercial, and industrial segments. Investors can enter through manufacturing, distribution, or smart HVAC solution startups. Emphasis on energy efficiency, government rebates, and green building codes enhances the markets attractiveness for sustainability-focused ventures and clean tech investors.
Split systems, including heating and cooling units, are regulated under the GEMS Act and require registration with the Equipment Energy Efficiency (E3) program. Manufacturers and importers must comply with efficiency labeling and testing standards. Local governments may offer additional rebates for the installation of energy-efficient split systems. Environmental regulations also govern the use of refrigerants, aligned with Australia`s phase-down under the Kigali Amendment.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Split Systems Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Split Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Split Systems Market - Industry Life Cycle |
3.4 Australia Split Systems Market - Porter's Five Forces |
3.5 Australia Split Systems Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.6 Australia Split Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Split Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy efficiency and sustainability |
4.2.2 Growing demand for residential and commercial air conditioning systems |
4.2.3 Technological advancements leading to more energy-efficient and smart split systems |
4.3 Market Restraints |
4.3.1 High initial cost of installation and maintenance |
4.3.2 Fluctuating raw material prices affecting manufacturing costs |
4.3.3 Seasonal demand fluctuations impacting sales and production |
5 Australia Split Systems Market Trends |
6 Australia Split Systems Market, By Types |
6.1 Australia Split Systems Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Split Systems Market Revenues & Volume, By Equipment Type, 2021- 2031F |
6.1.3 Australia Split Systems Market Revenues & Volume, By Mini-Split, 2021- 2031F |
6.1.4 Australia Split Systems Market Revenues & Volume, By Multi-Split, 2021- 2031F |
6.1.5 Australia Split Systems Market Revenues & Volume, By Variable Refrigerant Flow (VRF), 2021- 2031F |
6.2 Australia Split Systems Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Split Systems Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Australia Split Systems Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.2 Australia Split Systems Market Revenues & Volume, By 0, 2021- 2031F |
7 Australia Split Systems Market Import-Export Trade Statistics |
7.1 Australia Split Systems Market Export to Major Countries |
7.2 Australia Split Systems Market Imports from Major Countries |
8 Australia Split Systems Market Key Performance Indicators |
8.1 Energy efficiency rating improvements |
8.2 Adoption rate of smart features in split systems |
8.3 Percentage of households and businesses investing in air conditioning upgrades |
8.4 Government incentives and regulations promoting energy-efficient HVAC systems |
9 Australia Split Systems Market - Opportunity Assessment |
9.1 Australia Split Systems Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.2 Australia Split Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Split Systems Market - Competitive Landscape |
10.1 Australia Split Systems Market Revenue Share, By Companies, 2024 |
10.2 Australia Split Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here