Variable Refrigerant Flow System Market

Variable refrigerant flow (VRF) is an HVAC technology, in which there is one outdoor condensing unit and multiple indoor units. In this technology, the amount of refrigerant flow is controlled depending on load conditions, thereby providing simultaneous heating and cooling for various zones and individual comfort control.
Variable Refrigerant Flow System Market contains market size and forecasts of Variable Refrigerant Flow System(VRF) in global, including the following market information:
Global Variable Refrigerant Flow System(VRF) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Variable Refrigerant Flow System(VRF) Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Variable Refrigerant Flow System(VRF) companies in 2021 (%)
The global Variable Refrigerant Flow System(VRF) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Outdoor Units Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Variable Refrigerant Flow System(VRF) include Daikin Industries, Johnson Controls, Lg Electronics, Mitsubishi Electric, Airedale Cooling Services, Blue Star, Fujitsu General, Haier and Ingersoll Rand, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Variable Refrigerant Flow System(VRF) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Variable Refrigerant Flow System(VRF) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Variable Refrigerant Flow System(VRF) Market Segment Percentages, by Type, 2021 (%)
Outdoor Units
Indoor Units
Others
Global Variable Refrigerant Flow System(VRF) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Variable Refrigerant Flow System(VRF) Market Segment Percentages, by Application, 2021 (%)
Residence
Commercial Building
Others
Global Variable Refrigerant Flow System(VRF) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Variable Refrigerant Flow System(VRF) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Variable Refrigerant Flow System(VRF) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Variable Refrigerant Flow System(VRF) revenues share in global market, 2021 (%)
Key companies Variable Refrigerant Flow System(VRF) sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Variable Refrigerant Flow System(VRF) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Daikin Industries
Johnson Controls
Lg Electronics
Mitsubishi Electric
Airedale Cooling Services
Blue Star
Fujitsu General
Haier
Ingersoll Rand
Midea
Panasonic
Samsung
United Technologies