PTAC Air Conditioner Units Industry Analysis: the global market size is projected to reach USD 0.98 billion by 2031

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report “PTAC Air Conditioner Units- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”. Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global  PTAC Air Conditioner Units  market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for PTAC Air Conditioner Units was estimated to be worth US$ 685 million in 2024 and is forecast to a readjusted size of US$ 981 million by 2031 with a CAGR of 5.3% during the forecast period 2025-2031.

【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】 
https://www.qyresearch.com/reports/4691366/ptac-air-conditioner-units

According to the new market research report “PTAC Air Conditioner Units - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”, published by QYResearch, the global PTAC Air Conditioner Units market size is projected to reach USD 0.98 billion by 2031, at a CAGR of 5.3% during the forecast period.


Figure00001. Global PTAC Air Conditioner Units Market Size (US$ Million), 2020-2031

PTAC Air Conditioner Units

Source: QYResearch, “PTAC Air Conditioner Units – Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

 

Figure00002. Global PTAC Air Conditioner Units Top 22 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

PTAC Air Conditioner Units

Source: QYResearch, “PTAC Air Conditioner Units – Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

Currently, the price of PTAC units varies depending on a variety of factors. Cooling-only PTACs are relatively affordable, generally ranging from $500 to $800 per unit. For example, on some e-commerce platforms, a 1-horsepower cooling-only PTAC from a small brand can be found for as little as $500, while a similar model from a well-known brand can cost $700 to $900. The addition of heating to cooling PTACs increases costs, resulting in a price range of $800 to $1400. A 1.5-horsepower cooling/heating PTAC from domestic first-tier brands like Gree and Midea generally costs between $1600 and $2900. Some high-end models, incorporating intelligent control and energy-efficient technologies, can exceed $900. Power is also a key factor influencing price. A 1-horsepower PTAC unit typically costs between $700 and $1000, a 1.5-horsepower unit between $1300 and $1800, a 2-horsepower unit between $1500 and $2000, and units with power of 3 or higher typically cost over $2200. Furthermore, PTACs can be categorized based on their operating principle and heating method.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The PTAC Air Conditioner Units market is segmented as below:
By Company
Daikin
Mitsubishi Heavy Industries
LG Electronics
Carrier
Trane
Amana
Danby
GE
Friedrich
Applied Comfort
Ice Air
Islandaire
Gree
Midea
Haier
Cooper & Hunter
Goodman
Klimaire
Frigidaire
Durastar
RetroAire
Foshan Puluwei Electrical Equipment

Segment by Type
Cooling Only
Cooling/Heating

Segment by Application
Hotels
Medical Institutions
Office Buildings
School Dormitories
Other

Each chapter of the report provides detailed information for readers to further understand the PTAC Air Conditioner Units market:

Chapter 1: Introduces the report scope of the PTAC Air Conditioner Units report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of PTAC Air Conditioner Units manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various PTAC Air Conditioner Units market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5:  Sales, revenue of PTAC Air Conditioner Units in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6:  Sales, revenue of PTAC Air Conditioner Units in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth PTAC Air Conditioner Units competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides PTAC Air Conditioner Units comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides PTAC Air Conditioner Units market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

Other relevant reports of QYResearch:
Global PTAC Air Conditioner Units Market Outlook, InDepth Analysis & Forecast to 2031
Global PTAC Air Conditioner Units Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Global PTAC Air Conditioner Units Market Research Report 2025
Global PTAC Air Conditioner Units Market Insights, Forecast to 2031
Global Hotel PTAC Air Conditioner Units Market Outlook, InDepth Analysis & Forecast to 2031
Global Hotel PTAC Air Conditioner Units Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Global Hotel PTAC Air Conditioner Units Market Research Report 2025
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Global Hotel PTAC Air Conditioner Units Market Insights, Forecast to 2031

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