VRF System Market Report: Trends, Forecast and Competitive Analysis

Publisher: Lucintel
Publication Date: May, 2020
Technology & Telecommunication / IT Consulting and Services
Pages: 150+
Delivery Format: PDF

Trends, opportunities and forecast in VRF system market to 2024 by product type (heat pump systems and heat recovery systems), end use industry (commercial, residential, and others), component (outdoor units, indoor units, control systems, and accessories), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Report Features
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The future of the variable refrigerant flow (VRF) system market looks promising with opportunities in the commercial, residential, and transportation industries. The global VRF system market is expec

ted to grow with a CAGR of 12% from 2019 to 2024. The major drivers for this market are growth in building & construction, stringent government regulations for energy efficiency, and increasing demand for HVAC in residential and commercial applications.

A more than 150 pages report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of VRF system market report download the report brochure.

Market Share Analysis of Major Manufacturers

The study includes the VRF system market size and forecast for the global VRF system market through 2024, segmented by product type, end use industry, component, and region as follows:

By Product Type [$M shipment analysis for 2013 – 2024]:

Heat Pump Systems
Heat Recovery Systems

By End Use Industry[$M shipment analysis for 2013 – 2024]:

Commercial
Residential
Others

By Component [$M shipment analysis for 2013 – 2024]:

Outdoor Units
Indoor Units
Control Systems and Accessories

By Region [$M shipment analysis for 2013 – 2024]:

North America
- United States
- Canada
- Mexico
Europe
- Germany
- UK
- Italy
Asia Pacific
- China
- Japan
- India
RoW

Some of the VRF system companies profiled in this report include Daikin Industries, Johnson Controls, LG Electronics, Toshiba, Fujitsu Group, Mitsubishi Electric, United Technologies, Ingersoll Rand, Panasonic, Samsung Electronics, and others.

Some of the features of this report:

Market size estimates: VRF system market size estimation in terms of value ($M) shipment.
Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by end use industry.
Segmentation analysis: Market size by various segments such as by product type, end use industry, component, and region.
Regional analysis: VRF system market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions for VRF system in the global VRF system market.
Strategic analysis: This includes M&A, new product development, and competitive landscape for, VRF system in the global VRF system market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high-growth opportunities for the global VRF system market by product type (heat pump systems and heat recovery systems), end use industry(commercial, residential, others), component (outdoor units, indoor units, control systems and accessories), and region (North America, Europe, APAC, and ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the VRF system market?
Q.5 What are the business risks and threats to the VRF system market?
Q.6 What are emerging trends in this VRF system market and the reasons behind them?
Q.7 What are some changing demands of customers in the VRF system market?
Q.8 What are the new developments in the VRF system market? Which companies are leading these developments?
Q.9 Who are the major players in this VRF system market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this VRF system area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, VRF system market?

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VRF System Market Report: Trends, Forecast and Competitive Analysis

The future of the variable refrigerant flow (VRF) system market looks promising with opportunities in the commercial, residential, and transportation industries. The global VRF system market is expec

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