The global market for Split Air Conditioning Systems is projected to experience a Compound Annual Growth Rate (CAGR) of 5.7% from 2023 to 2032. In 2022, the market is expected to attain a value of USD 24.44 Billion, with a projected valuation of USD 37.9 Billion by the year 2032. Recent advancements in air conditioning technology have significantly enhanced the energy efficiency of split air conditioners. Additionally, the rise in disposable incomes and the expansion of the middle-class population in developing economies such as India, China, Brazil, and others have become key drivers for the growing adoption of split air conditioning systems on a global scale. The increasing emphasis on energy conservation has played a pivotal role in propelling the market for split air conditioning systems. In developed regions like North America and Europe, government directives mandating the use of energy-efficient systems have led to the replacement of existing air conditioning units with more environmentally friendly models. Although the power consumption of split air conditioning systems has increased over time, manufacturers have responded by embracing advanced and eco-friendly technologies, resulting in the creation of more energy-efficient systems. The momentum toward energy efficiency is further accelerated by the rising prevalence of smart homes and the widespread adoption of green technology, contributing to the overall expansion of the split air conditioning market during the forecast period. Government incentives favoring advanced technology have led to a decline in investment in older technologies, driving increased demand for split air conditioning systems. However, it is important to note that fluctuations in raw material prices could pose a constraint on the market's growth