About Variable Refrigerant Flow System
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.
Technavio’s analysts forecast the global variable refrigerant flow system market to grow at a CAGR of 9.24% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global variable refrigerant flow system market for 2017-2021. To calculate the market size, the report considers the demand for VRF systems from various end-users.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Variable Refrigerant Flow System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Daikin Industries
• Johnson Controls
• LG Electronics
• Mitsubishi Electric
Other prominent vendors
• Airedale Cooling Services
• Blue Star
• FUJITSU GENERAL
• Haier
• Ingersoll Rand
• Midea Group
• Panasonic
• SAMSUNG
• UNITED TECHNOLOGIES
Market driver
• Rising number of data centers
• For a full, detailed list, view our report
Market challenge
• Installation complexity
• For a full, detailed list, view our report
Market trend
• Technological advancements in VRF
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by end-user
• Market overview
• Global VRF system by commercial segment
• Global VRF system market by residential segment
PART 07: Geographical segmentation
• Market overview
• APAC
• EMEA
• Americas
PART 08: Decision framework
PART 09: Drivers and challenges
• Market drivers
• Impact of drivers on key customer segments
• Market challenges
• Impact of challenges on key customer segments
PART 10: Market trends
• Increase in use of low-GWP refrigerants
• Technological advancements in VRF
PART 11: Vendor landscape
• Competitive scenario
• Other prominent vendors
PART 12: Key vendor analysis
• Daikin Industries
• Johnson Controls
• LG Electronics
• Mitsubishi Electric
PART 13: Appendix
• List of abbreviations
List of Exhibits
Exhibit 01: Advantages and disadvantages of VRF systems
Exhibit 02: Global VRF system market by end-users 2016-2021
Exhibit 03: Market overview
Exhibit 04: Global VRF system market 2016-2021 ($ billions)
Exhibit 05: Growth rate of floor space of completed buildings 2011-2015 (%)
Exhibit 06: Five forces analysis
Exhibit 07: Global VRF system market: End-user segmentation 2016-2021
Exhibit 08: Global VRF system market by commercial segment 2016-2021 ($ billions)
Exhibit 09: Global VRF system market by residential segment 2016-2021 ($ billions)
Exhibit 10: New residential construction outlook in the Americas 2010-2016 (units in thousands)
Exhibit 11: Geographical segmentation of global VRF system market 2016 and 2021
Exhibit 12: VRF system market in APAC 2016-2021 ($ billions)
Exhibit 13: Growth rate of floor space of buildings under construction 2011-2015 (%)
Exhibit 14: VRF system market in EMEA 2016-2021 ($ billions)
Exhibit 15: YoY construction activities in Europe by market segments 2014-2017 (%)
Exhibit 16: VRF system market in the Americas 2016-2021 ($ billions)
Exhibit 17: The US under-construction units, 2010-2016 (thousands of units)
Exhibit 18: Housing starts in Canada 2013-2016 (thousands of units)
Exhibit 19: New single-family houses with presence and absence of air conditioning 2010-2015 (% share)
Exhibit 20: New single-family houses built for sale with presence and absence of air conditioning 2010-2015 (% share)
Exhibit 21: Global data center construction market 2016 and 2021 ($ billions)
Exhibit 22: Impact of drivers
Exhibit 23: Annual growth rate of China's GDP 2008-2015 (%)
Exhibit 24: Impact of challenges
Exhibit 25: Global warming potential (GWP) and ozone depletion potential (ODP) of the refrigerants
Exhibit 26: Other prominent vendors in VRF system market
Exhibit 27: Products and services by Daikin Industries
Exhibit 28: VRF systems offered by Daikin Industries
Exhibit 29: Product Offerings by Johnson Controls
Exhibit 30: VRF system products offered by Johnson Controls
Exhibit 31: Product offerings by LG Electronics
Exhibit 32: VRF systems by LG Electronics
Exhibit 33: Products offered by Mitsubishi Electric
