Global VRF System Market Size - Forecasts to 2027

According to a new market research report published by Global Market Estimates, the Global VRF System Market is projected to grow from USD 17.8 Billion in 2022 to USD 32.5 Billion in 2027 at a CAGR rate of 12.8% from 2022 to 2027. Increased industrial and residential units, growing awareness of sustainable energy management systems with high demand for energy-saving products, rapid urbanization with population increase, and substantial investment for infrastructural facilities are driving the market's growth during the forecast period.

Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global VRF System Market - Forecast to 2027" https://www.globalmarketestimates.com/market-report/vrf-system-market-3717

 By Component (Outdoor Units, Indoor Units, Control Systems and Accessories and Others), By Capacity (Up to 10 Tons, 11 to 18 Tons, 19 to 26 Tons, Above 26 Tons), By Type (Heat Pump Systems, Heat Recovery Systems), By Application (Commercial, Residential and Others), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa), Company Market Share Analysis, and Competitor Analysis

  Key Market Insights

·         The outdoor unit’s segment is expected to be the fastest growing segment in the VRF system market from 2022 to 2027 as per the component outlook

·         The heat recovery systems segment is expected to be the fastest growing segment in the VRF system market from 2022 to 2027 as per the capacity outlook

·         The commercial segment is expected to be the largest segment in the VRF system market from 2022 to 2027 as per the application outlook

·         North America (the United States, Canada, and Mexico) will have a dominant share in the global VRF system market from 2022 to 2027

·         Daikin, Toshiba, Mitsubishi Electric, Midea Group, Johnson Controls, and LG Electronics, Merson Electric Co., United Technologies Corporation, Johnson Controls International PLC, Fujitsu Limited, Daikin Industries Ltd., Samsung Electronics, Panasonic Corporation, Schneider Electric SE, Ingersoll Rand, Lennox, among others are the key players in the global VRF system market

Component Outlook (Revenue, USD Billion, 2022 - 2027)

·         Outdoor Units

·         Indoor Units

·         Control Systems

Capacity Outlook (Revenue, USD Billion, 2022 - 2027)

·          Up to 10 Tons

·         11 to 18 Tons

·         19 to 26 Tons

·         Above 26 Tons

System Type Outlook (Revenue, USD Billion, 2022 - 2027)

·          Heat Pump Systems

·         Heat Recovery Systems

Application Outlook (Revenue, USD Billion, 2022 - 2027)

·         Commercial

·         Residential

·         Others

Regional Outlook (Revenue, USD Billion, 2022-2027)

North America                                                                                 

• The U.S.
• Canada
• Mexico

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC

Central & South America

• Brazil
• Argentina
• Rest of CSA

Middle East & Africa

• Saudi Arabia
• UAE
• Rest of MEA

 

Contact: Yash Jain

Email address: yash.jain@globalmarketestimates.com

Phone Number: +16026667238

Website: Global Market Estimates

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