Variable Refrigerant Flow (VRF) systems are generally all-electric systems that use water or air source heat pumps to offer space cooling or heating to a building spaces.
Market Analysis and Insights: Global Variable Refrigerant Flow (VRF) Systems Market
In 2019, the global Variable Refrigerant Flow (VRF) Systems market size was US$ 11770 million and it is expected to reach US$ 19760 million by the end of 2026, with a CAGR of 7.6% during 2021-2026.
Global Variable Refrigerant Flow (VRF) Systems Scope and Market Size
Variable Refrigerant Flow (VRF) Systems market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Variable Refrigerant Flow (VRF) Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Variable Refrigerant Flow (VRF) Systems market is segmented into Heat Recovery System, Heat Pump System, etc.
Segment by Application, the Variable Refrigerant Flow (VRF) Systems market is segmented into Commercial, Residential, Other Applications, etc.
Regional and Country-level Analysis
The Variable Refrigerant Flow (VRF) Systems market is analysed and market size information is provided by regions (countries).
The key regions covered in the Variable Refrigerant Flow (VRF) Systems market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Variable Refrigerant Flow (VRF) Systems Market Share Analysis
Variable Refrigerant Flow (VRF) Systems market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Variable Refrigerant Flow (VRF) Systems business, the date to enter into the Variable Refrigerant Flow (VRF) Systems market, Variable Refrigerant Flow (VRF) Systems product introduction, recent developments, etc.
The major vendors include Daikin industries, Mitsubishi Electrical, Toshiba Corporation, Ingersoll Rand, LG Electronics, United Technologies Corporation, Lennox International, Johnson Controls, Fujitsu, Midea Group, etc.

This report focuses on the global Variable Refrigerant Flow (VRF) Systems status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Variable Refrigerant Flow (VRF) Systems development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

Daikin industries
Mitsubishi Electrical
Toshiba Corporation
Ingersoll Rand
LG Electronics
United Technologies Corporation
Lennox International
Johnson Controls
Fujitsu
Midea Group

Market segment by Type, the product can be split into

Heat Recovery System
Heat Pump System

Market segment by Application, split into

Commercial
Residential
Other Applications

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:

To analyze global Variable Refrigerant Flow (VRF) Systems status, future forecast, growth opportunity, key market and key players.
To present the Variable Refrigerant Flow (VRF) Systems development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Variable Refrigerant Flow (VRF) Systems are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.