| Product Code: ETC9977029 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The United States saw a significant increase in concentration for split systems import shipments in 2024, with China, Indonesia, Norway, Netherlands, and Slovakia dominating the market. Despite a negative compound annual growth rate of -21.39% from 2020 to 2024, the slight decrease in growth rate from 2023 to 2024 indicates a stabilization in the market. The top exporters to the US in 2024 demonstrate a diverse range of countries contributing to the supply chain, highlighting the global nature of the split systems industry.

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 United States (US) Split Systems Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Split Systems Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Split Systems Market - Industry Life Cycle |
3.4 United States (US) Split Systems Market - Porter's Five Forces |
3.5 United States (US) Split Systems Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.6 United States (US) Split Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United States (US) Split Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient HVAC systems in the US |
4.2.2 Growing construction activities in residential and commercial sectors |
4.2.3 Technological advancements leading to the development of smart HVAC systems |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent government regulations related to energy efficiency and environmental impact |
4.3.3 Economic downturns affecting consumer spending on home improvement products |
5 United States (US) Split Systems Market Trends |
6 United States (US) Split Systems Market, By Types |
6.1 United States (US) Split Systems Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Split Systems Market Revenues & Volume, By Equipment Type, 2021- 2031F |
6.1.3 United States (US) Split Systems Market Revenues & Volume, By Mini-Split, 2021- 2031F |
6.1.4 United States (US) Split Systems Market Revenues & Volume, By Multi-Split, 2021- 2031F |
6.1.5 United States (US) Split Systems Market Revenues & Volume, By Variable Refrigerant Flow (VRF), 2021- 2031F |
6.2 United States (US) Split Systems Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Split Systems Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 United States (US) Split Systems Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.2 United States (US) Split Systems Market Revenues & Volume, By 0, 2021- 2031F |
7 United States (US) Split Systems Market Import-Export Trade Statistics |
7.1 United States (US) Split Systems Market Export to Major Countries |
7.2 United States (US) Split Systems Market Imports from Major Countries |
8 United States (US) Split Systems Market Key Performance Indicators |
8.1 Energy efficiency ratings of split systems |
8.2 Adoption rate of smart HVAC technology in the US |
8.3 Number of new residential and commercial construction permits issued |
8.4 Average age of existing HVAC systems in the US |
8.5 Consumer awareness and demand for sustainable HVAC solutions |
9 United States (US) Split Systems Market - Opportunity Assessment |
9.1 United States (US) Split Systems Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.2 United States (US) Split Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United States (US) Split Systems Market - Competitive Landscape |
10.1 United States (US) Split Systems Market Revenue Share, By Companies, 2024 |
10.2 United States (US) 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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