Variable Refrigerant Flow Systems Are Typically All-electric Systems That Use Heat Pumps to Provide Space Heating and Cooling to Building Spaces. They Are Capable of Serving Multiple Zones in a Building, Each with Different Heating and Cooling Requirements.
This report contains market size and forecasts of VRF Heat Pump Systems in global, including the following market information:
Global VRF Heat Pump Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global VRF Heat Pump Systems Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five VRF Heat Pump Systems companies in 2021 (%)
The global VRF Heat Pump Systems market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Double Tube Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of VRF Heat Pump Systems include Samsung, Hitachi Air Conditioning Company, DAIKIN Industries, LG, YORK, Easy Air Conditioning, Del-Air Mechanical Contractors, The Whalen Company and Bryant Heating and Cooling and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the VRF Heat Pump Systems 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 VRF Heat Pump Systems Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global VRF Heat Pump Systems Market Segment Percentages, by Type, 2021 (%)
Double Tube
Triple Tube
Water Cooling
Others
Global VRF Heat Pump Systems Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global VRF Heat Pump Systems Market Segment Percentages, by Application, 2021 (%)
Residential
Commercial Building
Global VRF Heat Pump Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global VRF Heat Pump Systems 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 VRF Heat Pump Systems revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies VRF Heat Pump Systems revenues share in global market, 2021 (%)
Key companies VRF Heat Pump Systems sales in global market, 2017-2022 (Estimated), (K Units)
Key companies VRF Heat Pump Systems sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Samsung
Hitachi Air Conditioning Company
DAIKIN Industries
LG
YORK
Easy Air Conditioning
Del-Air Mechanical Contractors
The Whalen Company
Bryant Heating and Cooling
Midea