South Korea Packaged Terminal Air Conditioners (PTAC) Market was valued at USD 0.15 Billion in 2022 and is projected to reach USD 0.25 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The South Korea Packaged Terminal Air Conditioners (PTAC) market has witnessed significant growth over the past few years, driven by the rising demand for efficient, compact, and versatile cooling solutions across various industries. PTAC systems are commonly used in hotels, hospitals, commercial buildings, and residential spaces due to their ease of installation, cost-effectiveness, and ability to cool individual rooms efficiently. These units are designed to provide both heating and cooling, making them an ideal solution for buildings with varying temperature needs throughout the year.
The demand for PTAC systems in South Korea is driven by several factors. Industries such as hospitality, healthcare, and real estate are increasingly adopting PTAC units for their energy efficiency and convenience. For instance, hotels prefer PTAC systems because of their quiet operation, ease of maintenance, and ability to allow guests to control their room temperature independently. In the healthcare sector, PTACs are essential for maintaining a comfortable environment for patients, which is crucial for both recovery and comfort. Furthermore, real estate developers are incorporating PTAC systems in residential buildings to meet the growing expectations of consumers for energy-efficient and environmentally friendly air conditioning solutions.
South Korean businesses also require PTAC systems that can withstand the country’s diverse climate, ranging from humid summers to cold winters. Manufacturers are continually improving the designs to ensure better insulation, energy efficiency, and easy servicing. With the growing emphasis on sustainability, there has been a significant shift towards energy-efficient models that comply with strict environmental standards. This shift is influencing the preferences of industries, especially those in the hospitality and healthcare sectors, where reducing operational costs while maintaining high comfort levels is a priority.
The South Korea PTAC market is projected to continue expanding, with demand from industries such as hotels, residential properties, and healthcare institutions shaping the market dynamics. As technology evolves, PTAC systems are likely to integrate more advanced features, such as smart temperature control, remote monitoring, and enhanced filtration systems, to meet the evolving needs of industries.
Get an In-Depth Research Analysis of the South Korea Packaged Terminal Air Conditioners (PTAC) Market Size And Forecast [2025-2032]
Â
LG Electronics
Daikin
Gree
Midea
Mitsubishi Electric
United Technologies
Fujitsu
Haier
Lennox International
Samsung Electronics
Toshiba
Voltas
Whirlpool
YORK
Panasonic
Â
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the South Korea Packaged Terminal Air Conditioners (PTAC) Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Packaged Terminal Air Conditioners (PTAC) Market
Cooling Only PTAC Units
Heating and Cooling PTAC Units
Heat Pump PTAC Units
Ecological-Friendly PTAC Units
Smart PTAC Units
Hospitality
Residential
Commercial
Healthcare Facilities
Education Institutions
Under 7,000 BTU
7,000 to 10,000 BTU
10,000 to 15,000 BTU
Above 15,000 BTU
Online Retailers
Direct Sales
Wholesale Distributors
Supermarkets/Hypermarkets
Specialty Stores
Conventional Technology
Inverter Technology
Modular Technology
Hybrid Technology
Internet of Things (IoT) Enabled Technology
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ South Korea Packaged Terminal Air Conditioners (PTAC) Market Research Analysis
1. Introduction of the South Korea Packaged Terminal Air Conditioners (PTAC) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Packaged Terminal Air Conditioners (PTAC) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Packaged Terminal Air Conditioners (PTAC) Market, By Type
6. South Korea Packaged Terminal Air Conditioners (PTAC) Market, By Application
7. South Korea Packaged Terminal Air Conditioners (PTAC) Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Packaged Terminal Air Conditioners (PTAC) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/