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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.



VRF System Market by Segments

VRF System Market Trends and Forecast

VRF System Market Share
 


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?
Table of Content

1 Executive Summary

2 Industry Background and Classifications
   2.1 Introduction, Background, and Classification
   2.2 Supply Chain
   2.3 Industry Drivers and Challenges

3 Market Trends and Forecast Analysis from 2013 to 2024
   3.1 Macroeconomic Trends and Forecast
   3.2 Global VRF System Market Trends and Forecast
   3.3 Global VRF System Market by Product Type
   3.3.1 Heat Pump Systems
   3.3.2 Heat Recovery Systems
   3.4 Global VRF System Market by End Use Industry
   3.4.1 Commercial
   3.4.2 Residential
   3.4.3 Others
   3.5 Global VRF System Market by Component
   3.5.1 Outdoor Units
   3.5.2 Indoor Units
   3.5.3 Control Systems
   3.5.4 Accessories

4 Market Trends and Forecast Analysis by Region
   4.1 Global VRF System Market by Region
   4.2 North American VRF System Market
   4.2.1 Market by End Use Industry: Commercial, Residential, and Others
   4.2.2 Market by Product Type: Heat Pump Systems and Heat Recovery Systems
   4.2.3 United States VRF System Market
   4.2.4 Canadian VRF System Market
   4.2.5 Mexican VRF System Market
   4.3 European VRF System Market
   4.3.1 Market by End Use Industry: Commercial, Residential, and Others
   4.3.2 Market by Product Type: Heat Pump Systems and Heat Recovery Systems
   4.3.3 German VRF System Market
   4.3.4 Italian VRF System Market
   4.3.5 The UK VRF System Market
   4.4 APAC VRF System Market
   4.4.1 Market by End Use Industry: Commercial, Residential, and Others
   4.4.2 Market by Product Type: Heat Pump Systems and Heat Recovery Systems
   4.4.3 Chinese VRF System Market
   4.4.4 Indian VRF System Market
   4.4.5 Japanese VRF System Market
   4.5 ROW VRF System Market
   4.5.1 Market by End Use Industry: Commercial, Residential, and Others
   4.5.2 Market by Product Type: Heat Pump Systems and Heat Recovery Systems

5 Competitor Analysis
   5.1 Product Portfolio Analysis
   5.2 Market Share Analysis
   5.3 Operational Integration
   5.4 Geographical Reach
   5.5 Porter’s Five Forces Analysis

6 Growth Opportunities and Strategic Analysis
   6.1 Growth Opportunity Analysis
   6.1.1 Growth Opportunities for the Global VRF System Market by Product Type
   6.1.2 Growth Opportunities for the Global VRF System Market by End Use Industry
   6.1.3 Growth Opportunities for the Global VRF System Market by Component
   6.1.4 Growth Opportunities for the Global VRF System Market by Region
   6.2 Emerging Trends in the Global VRF System Industry
   6.3 Strategic Analysis
   6.3.1 New Product Development
   6.3.2 Capacity Expansion in the Global VRF System Market
   6.3.3 Certification and Licensing
   6.3.4 Mergers, Acquisitions and Joint Ventures

7 Company Profiles of Leading Players
   7.1 Daikin Industries
   7.2 Johnson Controls
   7.3 LG Electronics
   7.4 Toshiba
   7.5 Fujitsu Group
   7.6 Mitsubishi Electric
   7.7 Panasonic
   7.8 United Technologies
   7.9 Samsung Electronics
   7.10 Lennox International
.

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142 figures/charts and 107 tables are provided in this 150 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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