New

VRF System Market

2021

VRF System Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Indoor Units, Outdoor Units, Control Systems and Accessories); System Type (Heat Pump VRF Systems, Heat Recovery VRF Systems); Application (Commercial, Residential Buildings, Others) and Geography

| Report Code: TIPTE100001344 | No. of Pages: 150 | Category: Electronics and Semiconductor | Status: Upcoming

Market Insights

VRF System Market 2028 By Component, System Type, Application and Geography | The Insight Partners

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MARKET OVERVIEW



Variable refrigerant flow (VRF) system is a system that is used for controlling the amount of refrigerant flowing to the multiple evaporators with different capacities and configurations. VRF systems provide comfort without swings in room temperature by the supply of heating or cooling wherever it is required. One of the major advantages is the VRF system is that it caters to diverse applications, because of its availability in a wide range of types and sizes of a fan.

MARKET SCOPE



The "Global VRF System Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the VRF system market with detailed market segmentation by component, system type, application, and geography. The report provides key statistics on the market status of the leading VRF system market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION



  • Based on component, the global VRF system market is segmented into indoor units, outdoor units, and control systems and accessories.
  • On the basis of system type, the market is segmented into heat pump VRF systems and heat recovery VRF systems.
  • Based on application, the market is segmented into commercial, residential buildings, and others.

MARKET DYNAMICS


Drivers:



  • The driving factors of the global VRF system market are growing construction industry, high energy efficiency and great potential and low maintenance of VRF System.

Restraints:



  • High installation cost and lack of awareness about the benefits of VRF system hampers the growth of the global VRF system market.

REGIONAL FRAMEWORK



The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The VRF system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the VRF system market in these regions.

IMPACT OF COVID-19 ON VRF SYSTEM MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS



The report covers key developments in the VRF system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from VRF system market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the VRF system market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  • Daikin Industries, Ltd.
  • Fujitsu General
  • Johnson Controls International plc
  • Lennox International Inc.
  • LG Electronics Inc.
  • Midea Group
  • Mitsubishi Electric Corporation
  • Panasonic Corporation
  • Samsung Electronics Co., Ltd.
  • Raytheon Technologies Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 VRF System Market - By Component
1.3.2 VRF System Market - By System Type
1.3.3 VRF System Market - By Application
1.3.4 VRF System Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. VRF SYSTEM MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. VRF SYSTEM MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. VRF SYSTEM MARKET - GLOBAL MARKET ANALYSIS
6.1. VRF SYSTEM - GLOBAL MARKET OVERVIEW
6.2. VRF SYSTEM - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE

7. VRF SYSTEM MARKET - REVENUE AND FORECASTS TO 2027 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. INDOOR UNITS
7.3.1. Overview
7.3.2. Indoor Units Market Forecast and Analysis
7.3.3. Electronic Expansion Valves Market
7.3.3.1. Overview
7.3.3.2. Electronic Expansion Valves Market Forecast and Analysis
7.3.4. Synchronous Electronic Motors Market
7.3.4.1. Overview
7.3.4.2. Synchronous Electronic Motors Market Forecast and Analysis
7.3.5. Others Market
7.3.5.1. Overview
7.3.5.2. Others Market Forecast and Analysis
7.4. OUTDOOR UNITS
7.4.1. Overview
7.4.2. Outdoor Units Market Forecast and Analysis
7.4.3. Compressors Market
7.4.3.1. Overview
7.4.3.2. Compressors Market Forecast and Analysis
7.4.4. Inverters Market
7.4.4.1. Overview
7.4.4.2. Inverters Market Forecast and Analysis
7.4.5. Others Market
7.4.5.1. Overview
7.4.5.2. Others Market Forecast and Analysis
7.5. CONTROL SYSTEMS AND ACCESSORIES
7.5.1. Overview
7.5.2. Control Systems and Accessories Market Forecast and Analysis
8. VRF SYSTEM MARKET - REVENUE AND FORECASTS TO 2027 - SYSTEM TYPE
8.1. OVERVIEW
8.2. SYSTEM TYPE MARKET FORECASTS AND ANALYSIS
8.3. HEAT PUMP VRF SYSTEMS
8.3.1. Overview
8.3.2. Heat Pump VRF Systems Market Forecast and Analysis
8.4. HEAT RECOVERY VRF SYSTEMS
8.4.1. Overview
8.4.2. Heat Recovery VRF Systems Market Forecast and Analysis
9. VRF SYSTEM MARKET - REVENUE AND FORECASTS TO 2027 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. COMMERCIAL
9.3.1. Overview
9.3.2. Commercial Market Forecast and Analysis
9.3.3. Office Buildings Market
9.3.3.1. Overview
9.3.3.2. Office Buildings Market Forecast and Analysis
9.3.4. Retail Stores Market
9.3.4.1. Overview
9.3.4.2. Retail Stores Market Forecast and Analysis
9.3.5. Healthcare Facilities Market
9.3.5.1. Overview
9.3.5.2. Healthcare Facilities Market Forecast and Analysis
9.3.6. Hospitality Buildings Market
9.3.6.1. Overview
9.3.6.2. Hospitality Buildings Market Forecast and Analysis
9.3.7. Others Market
9.3.7.1. Overview
9.3.7.2. Others Market Forecast and Analysis
9.4. RESIDENTIAL BUILDINGS
9.4.1. Overview
9.4.2. Residential Buildings Market Forecast and Analysis
9.5. OTHERS
9.5.1. Overview
9.5.2. Others Market Forecast and Analysis

10. VRF SYSTEM MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America VRF System Market Overview
10.1.2 North America VRF System Market Forecasts and Analysis
10.1.3 North America VRF System Market Forecasts and Analysis - By Component
10.1.4 North America VRF System Market Forecasts and Analysis - By System Type
10.1.5 North America VRF System Market Forecasts and Analysis - By Application
10.1.6 North America VRF System Market Forecasts and Analysis - By Countries
10.1.6.1 United States VRF System Market
10.1.6.1.1 United States VRF System Market by Component
10.1.6.1.2 United States VRF System Market by System Type
10.1.6.1.3 United States VRF System Market by Application
10.1.6.2 Canada VRF System Market
10.1.6.2.1 Canada VRF System Market by Component
10.1.6.2.2 Canada VRF System Market by System Type
10.1.6.2.3 Canada VRF System Market by Application
10.1.6.3 Mexico VRF System Market
10.1.6.3.1 Mexico VRF System Market by Component
10.1.6.3.2 Mexico VRF System Market by System Type
10.1.6.3.3 Mexico VRF System Market by Application
10.2. EUROPE
10.2.1 Europe VRF System Market Overview
10.2.2 Europe VRF System Market Forecasts and Analysis
10.2.3 Europe VRF System Market Forecasts and Analysis - By Component
10.2.4 Europe VRF System Market Forecasts and Analysis - By System Type
10.2.5 Europe VRF System Market Forecasts and Analysis - By Application
10.2.6 Europe VRF System Market Forecasts and Analysis - By Countries
10.2.6.1 Germany VRF System Market
10.2.6.1.1 Germany VRF System Market by Component
10.2.6.1.2 Germany VRF System Market by System Type
10.2.6.1.3 Germany VRF System Market by Application
10.2.6.2 France VRF System Market
10.2.6.2.1 France VRF System Market by Component
10.2.6.2.2 France VRF System Market by System Type
10.2.6.2.3 France VRF System Market by Application
10.2.6.3 Italy VRF System Market
10.2.6.3.1 Italy VRF System Market by Component
10.2.6.3.2 Italy VRF System Market by System Type
10.2.6.3.3 Italy VRF System Market by Application
10.2.6.4 United Kingdom VRF System Market
10.2.6.4.1 United Kingdom VRF System Market by Component
10.2.6.4.2 United Kingdom VRF System Market by System Type
10.2.6.4.3 United Kingdom VRF System Market by Application
10.2.6.5 Russia VRF System Market
10.2.6.5.1 Russia VRF System Market by Component
10.2.6.5.2 Russia VRF System Market by System Type
10.2.6.5.3 Russia VRF System Market by Application
10.2.6.6 Rest of Europe VRF System Market
10.2.6.6.1 Rest of Europe VRF System Market by Component
10.2.6.6.2 Rest of Europe VRF System Market by System Type
10.2.6.6.3 Rest of Europe VRF System Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific VRF System Market Overview
10.3.2 Asia-Pacific VRF System Market Forecasts and Analysis
10.3.3 Asia-Pacific VRF System Market Forecasts and Analysis - By Component
10.3.4 Asia-Pacific VRF System Market Forecasts and Analysis - By System Type
10.3.5 Asia-Pacific VRF System Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific VRF System Market Forecasts and Analysis - By Countries
10.3.6.1 Australia VRF System Market
10.3.6.1.1 Australia VRF System Market by Component
10.3.6.1.2 Australia VRF System Market by System Type
10.3.6.1.3 Australia VRF System Market by Application
10.3.6.2 China VRF System Market
10.3.6.2.1 China VRF System Market by Component
10.3.6.2.2 China VRF System Market by System Type
10.3.6.2.3 China VRF System Market by Application
10.3.6.3 India VRF System Market
10.3.6.3.1 India VRF System Market by Component
10.3.6.3.2 India VRF System Market by System Type
10.3.6.3.3 India VRF System Market by Application
10.3.6.4 Japan VRF System Market
10.3.6.4.1 Japan VRF System Market by Component
10.3.6.4.2 Japan VRF System Market by System Type
10.3.6.4.3 Japan VRF System Market by Application
10.3.6.5 South Korea VRF System Market
10.3.6.5.1 South Korea VRF System Market by Component
10.3.6.5.2 South Korea VRF System Market by System Type
10.3.6.5.3 South Korea VRF System Market by Application
10.3.6.6 Rest of Asia-Pacific VRF System Market
10.3.6.6.1 Rest of Asia-Pacific VRF System Market by Component
10.3.6.6.2 Rest of Asia-Pacific VRF System Market by System Type
10.3.6.6.3 Rest of Asia-Pacific VRF System Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa VRF System Market Overview
10.4.2 Middle East and Africa VRF System Market Forecasts and Analysis
10.4.3 Middle East and Africa VRF System Market Forecasts and Analysis - By Component
10.4.4 Middle East and Africa VRF System Market Forecasts and Analysis - By System Type
10.4.5 Middle East and Africa VRF System Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa VRF System Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa VRF System Market
10.4.6.1.1 South Africa VRF System Market by Component
10.4.6.1.2 South Africa VRF System Market by System Type
10.4.6.1.3 South Africa VRF System Market by Application
10.4.6.2 Saudi Arabia VRF System Market
10.4.6.2.1 Saudi Arabia VRF System Market by Component
10.4.6.2.2 Saudi Arabia VRF System Market by System Type
10.4.6.2.3 Saudi Arabia VRF System Market by Application
10.4.6.3 U.A.E VRF System Market
10.4.6.3.1 U.A.E VRF System Market by Component
10.4.6.3.2 U.A.E VRF System Market by System Type
10.4.6.3.3 U.A.E VRF System Market by Application
10.4.6.4 Rest of Middle East and Africa VRF System Market
10.4.6.4.1 Rest of Middle East and Africa VRF System Market by Component
10.4.6.4.2 Rest of Middle East and Africa VRF System Market by System Type
10.4.6.4.3 Rest of Middle East and Africa VRF System Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America VRF System Market Overview
10.5.2 South and Central America VRF System Market Forecasts and Analysis
10.5.3 South and Central America VRF System Market Forecasts and Analysis - By Component
10.5.4 South and Central America VRF System Market Forecasts and Analysis - By System Type
10.5.5 South and Central America VRF System Market Forecasts and Analysis - By Application
10.5.6 South and Central America VRF System Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil VRF System Market
10.5.6.1.1 Brazil VRF System Market by Component
10.5.6.1.2 Brazil VRF System Market by System Type
10.5.6.1.3 Brazil VRF System Market by Application
10.5.6.2 Argentina VRF System Market
10.5.6.2.1 Argentina VRF System Market by Component
10.5.6.2.2 Argentina VRF System Market by System Type
10.5.6.2.3 Argentina VRF System Market by Application
10.5.6.3 Rest of South and Central America VRF System Market
10.5.6.3.1 Rest of South and Central America VRF System Market by Component
10.5.6.3.2 Rest of South and Central America VRF System Market by System Type
10.5.6.3.3 Rest of South and Central America VRF System Market by Application

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. VRF SYSTEM MARKET, KEY COMPANY PROFILES
12.1. DAIKIN INDUSTRIES, LTD.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. FUJITSU GENERAL
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. JOHNSON CONTROLS INTERNATIONAL PLC
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. LENNOX INTERNATIONAL INC.
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. LG ELECTRONICS INC.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. MIDEA GROUP
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. MITSUBISHI ELECTRIC CORPORATION
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. PANASONIC CORPORATION
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SAMSUNG ELECTRONICS CO., LTD.
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. RAYTHEON TECHNOLOGIES CORPORATION
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. Daikin Industries, Ltd.
2. Fujitsu General
3. Johnson Controls International plc
4. Lennox International Inc.
5. LG Electronics Inc.
6. Midea Group
7. Mitsubishi Electric Corporation
8. Panasonic Corporation
9. Samsung Electronics Co., Ltd.
10. Raytheon Technologies Corporation
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