Variable refrigerant flow (VRF), also known as variable refrigerant volume (VRV), is an HVAC technology invented by Daikin Industries, Ltd. in 1982.[1] Like ductless minisplits, VRFs use refrigerant as the cooling and heating medium. This refrigerant is conditioned by a single outdoor condensing unit, and is circulated within the building to multiple indoor units.
Growth is attributed to technological advancements in VRF systems and the increasing adoption of VRF technology for residential and commercial applications in North America.
In 2019, the market size of VRF System is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for VRF System.
This report studies the global market size of VRF System, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the VRF System production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Johnson
LG Electronics
Toshiba
Fujitsu group
Mitsubishi Electric
Midea Group
Ingersoll Rand
Lennox International
Panasonic
Samsung Electronics
Gree
Carrier
Market Segment by Product Type
Outdoor Units
Indoor Units
Control Systems and Accessories
Market Segment by Application
Commercial
Residential
Others (Metro Stations, Railway Stations, and Airports)
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the VRF System status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key VRF System manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of VRF System are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on VRFSystem. Industry analysis & Market Report on VRFSystem is a syndicated market report, published as Global (United States, European Union and China) VRF System Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of VRFSystem market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.