| Product Code: ETC6667639 | Publication Date: Sep 2024 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Canada split systems market, the import trend showed a growth rate of 7.74% from 2023 to 2024, with a compound annual growth rate (CAGR) of 10.12% from 2020 to 2024. This increase in imports can be attributed to a notable shift in demand towards more energy-efficient and advanced cooling solutions in the market.

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 Canada Split Systems Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Split Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Split Systems Market - Industry Life Cycle |
3.4 Canada Split Systems Market - Porter's Five Forces |
3.5 Canada Split Systems Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.6 Canada Split Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Canada Split Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient HVAC solutions |
4.2.2 Growing construction industry in Canada |
4.2.3 Government initiatives promoting sustainable and eco-friendly technologies |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations in demand for split systems |
4.3.2 High initial installation costs |
4.3.3 Availability of alternative cooling and heating solutions |
5 Canada Split Systems Market Trends |
6 Canada Split Systems Market, By Types |
6.1 Canada Split Systems Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Split Systems Market Revenues & Volume, By Equipment Type, 2021- 2031F |
6.1.3 Canada Split Systems Market Revenues & Volume, By Mini-Split, 2021- 2031F |
6.1.4 Canada Split Systems Market Revenues & Volume, By Multi-Split, 2021- 2031F |
6.1.5 Canada Split Systems Market Revenues & Volume, By Variable Refrigerant Flow (VRF), 2021- 2031F |
6.2 Canada Split Systems Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Canada Split Systems Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Canada Split Systems Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.2 Canada Split Systems Market Revenues & Volume, By 0, 2021- 2031F |
7 Canada Split Systems Market Import-Export Trade Statistics |
7.1 Canada Split Systems Market Export to Major Countries |
7.2 Canada Split Systems Market Imports from Major Countries |
8 Canada Split Systems Market Key Performance Indicators |
8.1 Energy efficiency ratings of split systems |
8.2 Number of new construction projects incorporating split systems |
8.3 Adoption rate of eco-friendly refrigerants in split systems |
8.4 Average lifespan of split systems |
8.5 Customer satisfaction ratings for split system performance and reliability |
9 Canada Split Systems Market - Opportunity Assessment |
9.1 Canada Split Systems Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.2 Canada Split Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Canada Split Systems Market - Competitive Landscape |
10.1 Canada Split Systems Market Revenue Share, By Companies, 2024 |
10.2 Canada 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.
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