Global HVAC Variable Refrigerant Flow (VRF) System Supply, Demand and Key Producers, 2023-2029

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Published Date: 26 May 2023

Category: Consumer Goods

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The global HVAC Variable Refrigerant Flow (VRF) System market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

HVAC Variable Refrigerant Flow (VRF) systems' variable refrigerant flow technology increases system efficiency and performance by controlling refrigerant flow according to the needs of the interior space. In addition, the VRF system is also flexible and scalable, and can adapt to various sizes and types of buildings, while also meeting different air conditioning needs.

An HVAC Variable Refrigerant Flow (VRF) system is a modern, highly efficient air conditioning system that provides both cooling and heating functions. It achieves different air conditioning needs for multiple zones in one system by using variable refrigerant flow technology to control the temperature and humidity of different indoor units. A VRF system consists of a central condenser and multiple indoor units. Condensers are usually installed outdoors, while indoor units are installed in rooms that need to be cooled or heated. Each indoor unit has its own controller, the temperature and humidity can be adjusted through the controller, and it can operate independently according to the needs.

This report studies the global HVAC Variable Refrigerant Flow (VRF) System production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for HVAC Variable Refrigerant Flow (VRF) System, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of HVAC Variable Refrigerant Flow (VRF) System that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global HVAC Variable Refrigerant Flow (VRF) System total production and demand, 2018-2029, (K Units)
Global HVAC Variable Refrigerant Flow (VRF) System total production value, 2018-2029, (USD Million)
Global HVAC Variable Refrigerant Flow (VRF) System production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global HVAC Variable Refrigerant Flow (VRF) System consumption by region & country, CAGR, 2018-2029 & (K Units)
U.S. VS China: HVAC Variable Refrigerant Flow (VRF) System domestic production, consumption, key domestic manufacturers and share
Global HVAC Variable Refrigerant Flow (VRF) System production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)
Global HVAC Variable Refrigerant Flow (VRF) System production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global HVAC Variable Refrigerant Flow (VRF) System production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units)
This reports profiles key players in the global HVAC Variable Refrigerant Flow (VRF) System market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Daikin Industries, Johnson Controls, LG Electronics, Mitsubishi Electric, Danfoss, Blue Star, Fujitsu General, Haier and Ingersoll Rand, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World HVAC Variable Refrigerant Flow (VRF) System market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global HVAC Variable Refrigerant Flow (VRF) System Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global HVAC Variable Refrigerant Flow (VRF) System Market, Segmentation by Type
    Heat Pump Systems
    Heat Recovery Systems
    Others

Global HVAC Variable Refrigerant Flow (VRF) System Market, Segmentation by Application
    Commercial
    Residential

Companies Profiled:
    Daikin Industries
    Johnson Controls
    LG Electronics
    Mitsubishi Electric
    Danfoss
    Blue Star
    Fujitsu General
    Haier
    Ingersoll Rand
    Midea
    Panasonic
    Samsung
    United Technologies
    Carrier
    Lennox International
    Gree

Key Questions Answered
1. How big is the global HVAC Variable Refrigerant Flow (VRF) System market?
2. What is the demand of the global HVAC Variable Refrigerant Flow (VRF) System market?
3. What is the year over year growth of the global HVAC Variable Refrigerant Flow (VRF) System market?
4. What is the production and production value of the global HVAC Variable Refrigerant Flow (VRF) System market?
5. Who are the key producers in the global HVAC Variable Refrigerant Flow (VRF) System market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 HVAC Variable Refrigerant Flow (VRF) System Introduction
    1.2 World HVAC Variable Refrigerant Flow (VRF) System Supply & Forecast
        1.2.1 World HVAC Variable Refrigerant Flow (VRF) System Production Value (2018 & 2022 & 2029)
        1.2.2 World HVAC Variable Refrigerant Flow (VRF) System Production (2018-2029)
        1.2.3 World HVAC Variable Refrigerant Flow (VRF) System Pricing Trends (2018-2029)
    1.3 World HVAC Variable Refrigerant Flow (VRF) System Production by Region (Based on Production Site)
        1.3.1 World HVAC Variable Refrigerant Flow (VRF) System Production Value by Region (2018-2029)
        1.3.2 World HVAC Variable Refrigerant Flow (VRF) System Production by Region (2018-2029)
        1.3.3 World HVAC Variable Refrigerant Flow (VRF) System Average Price by Region (2018-2029)
        1.3.4 North America HVAC Variable Refrigerant Flow (VRF) System Production (2018-2029)
        1.3.5 Europe HVAC Variable Refrigerant Flow (VRF) System Production (2018-2029)
        1.3.6 China HVAC Variable Refrigerant Flow (VRF) System Production (2018-2029)
        1.3.7 Japan HVAC Variable Refrigerant Flow (VRF) System Production (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 HVAC Variable Refrigerant Flow (VRF) System Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 HVAC Variable Refrigerant Flow (VRF) System Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World HVAC Variable Refrigerant Flow (VRF) System Demand (2018-2029)
    2.2 World HVAC Variable Refrigerant Flow (VRF) System Consumption by Region
        2.2.1 World HVAC Variable Refrigerant Flow (VRF) System Consumption by Region (2018-2023)
        2.2.2 World HVAC Variable Refrigerant Flow (VRF) System Consumption Forecast by Region (2024-2029)
    2.3 United States HVAC Variable Refrigerant Flow (VRF) System Consumption (2018-2029)
    2.4 China HVAC Variable Refrigerant Flow (VRF) System Consumption (2018-2029)
    2.5 Europe HVAC Variable Refrigerant Flow (VRF) System Consumption (2018-2029)
    2.6 Japan HVAC Variable Refrigerant Flow (VRF) System Consumption (2018-2029)
    2.7 South Korea HVAC Variable Refrigerant Flow (VRF) System Consumption (2018-2029)
    2.8 ASEAN HVAC Variable Refrigerant Flow (VRF) System Consumption (2018-2029)
    2.9 India HVAC Variable Refrigerant Flow (VRF) System Consumption (2018-2029)

3 World HVAC Variable Refrigerant Flow (VRF) System Manufacturers Competitive Analysis
    3.1 World HVAC Variable Refrigerant Flow (VRF) System Production Value by Manufacturer (2018-2023)
    3.2 World HVAC Variable Refrigerant Flow (VRF) System Production by Manufacturer (2018-2023)
    3.3 World HVAC Variable Refrigerant Flow (VRF) System Average Price by Manufacturer (2018-2023)
    3.4 HVAC Variable Refrigerant Flow (VRF) System Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global HVAC Variable Refrigerant Flow (VRF) System Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for HVAC Variable Refrigerant Flow (VRF) System in 2022
        3.5.3 Global Concentration Ratios (CR8) for HVAC Variable Refrigerant Flow (VRF) System in 2022
    3.6 HVAC Variable Refrigerant Flow (VRF) System Market: Overall Company Footprint Analysis
        3.6.1 HVAC Variable Refrigerant Flow (VRF) System Market: Region Footprint
        3.6.2 HVAC Variable Refrigerant Flow (VRF) System Market: Company Product Type Footprint
        3.6.3 HVAC Variable Refrigerant Flow (VRF) System Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: HVAC Variable Refrigerant Flow (VRF) System Production Value Comparison
        4.1.1 United States VS China: HVAC Variable Refrigerant Flow (VRF) System Production Value Comparison (2018 & 2022 & 2029)
        4.1.2 United States VS China: HVAC Variable Refrigerant Flow (VRF) System Production Value Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States VS China: HVAC Variable Refrigerant Flow (VRF) System Production Comparison
        4.2.1 United States VS China: HVAC Variable Refrigerant Flow (VRF) System Production Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: HVAC Variable Refrigerant Flow (VRF) System Production Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States VS China: HVAC Variable Refrigerant Flow (VRF) System Consumption Comparison
        4.3.1 United States VS China: HVAC Variable Refrigerant Flow (VRF) System Consumption Comparison (2018 & 2022 & 2029)
        4.3.2 United States VS China: HVAC Variable Refrigerant Flow (VRF) System Consumption Market Share Comparison (2018 & 2022 & 2029)
    4.4 United States Based HVAC Variable Refrigerant Flow (VRF) System Manufacturers and Market Share, 2018-2023
        4.4.1 United States Based HVAC Variable Refrigerant Flow (VRF) System Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production Value (2018-2023)
        4.4.3 United States Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production (2018-2023)
    4.5 China Based HVAC Variable Refrigerant Flow (VRF) System Manufacturers and Market Share
        4.5.1 China Based HVAC Variable Refrigerant Flow (VRF) System Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production Value (2018-2023)
        4.5.3 China Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production (2018-2023)
    4.6 Rest of World Based HVAC Variable Refrigerant Flow (VRF) System Manufacturers and Market Share, 2018-2023
        4.6.1 Rest of World Based HVAC Variable Refrigerant Flow (VRF) System Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production Value (2018-2023)
        4.6.3 Rest of World Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production (2018-2023)

5 Market Analysis by Type
    5.1 World HVAC Variable Refrigerant Flow (VRF) System Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 Heat Pump Systems
        5.2.2 Heat Recovery Systems
        5.2.3 Others
    5.3 Market Segment by Type
        5.3.1 World HVAC Variable Refrigerant Flow (VRF) System Production by Type (2018-2029)
        5.3.2 World HVAC Variable Refrigerant Flow (VRF) System Production Value by Type (2018-2029)
        5.3.3 World HVAC Variable Refrigerant Flow (VRF) System Average Price by Type (2018-2029)

6 Market Analysis by Application
    6.1 World HVAC Variable Refrigerant Flow (VRF) System Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 Commercial
        6.2.2 Residential
    6.3 Market Segment by Application
        6.3.1 World HVAC Variable Refrigerant Flow (VRF) System Production by Application (2018-2029)
        6.3.2 World HVAC Variable Refrigerant Flow (VRF) System Production Value by Application (2018-2029)
        6.3.3 World HVAC Variable Refrigerant Flow (VRF) System Average Price by Application (2018-2029)

7 Company Profiles
    7.1 Daikin Industries
        7.1.1 Daikin Industries Details
        7.1.2 Daikin Industries Major Business
        7.1.3 Daikin Industries HVAC Variable Refrigerant Flow (VRF) System Product and Services
        7.1.4 Daikin Industries HVAC Variable Refrigerant Flow (VRF) System Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.1.5 Daikin Industries Recent Developments/Updates
        7.1.6 Daikin Industries Competitive Strengths & Weaknesses
    7.2 Johnson Controls
        7.2.1 Johnson Controls Details
        7.2.2 Johnson Controls Major Business
        7.2.3 Johnson Controls HVAC Variable Refrigerant Flow (VRF) System Product and Services
        7.2.4 Johnson Controls HVAC Variable Refrigerant Flow (VRF) System Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.2.5 Johnson Controls Recent Developments/Updates
        7.2.6 Johnson Controls Competitive Strengths & Weaknesses
    7.3 LG Electronics
        7.3.1 LG Electronics Details
        7.3.2 LG Electronics Major Business
        7.3.3 LG Electronics HVAC Variable Refrigerant Flow (VRF) System Product and Services
        7.3.4 LG Electronics HVAC Variable Refrigerant Flow (VRF) System Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.3.5 LG Electronics Recent Developments/Updates
        7.3.6 LG Electronics Competitive Strengths & Weaknesses
    7.4 Mitsubishi Electric
        7.4.1 Mitsubishi Electric Details
        7.4.2 Mitsubishi Electric Major Business
        7.4.3 Mitsubishi Electric HVAC Variable Refrigerant Flow (VRF) System Product and Services
        7.4.4 Mitsubishi Electric HVAC Variable Refrigerant Flow (VRF) System Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.4.5 Mitsubishi Electric Recent Developments/Updates
        7.4.6 Mitsubishi Electric Competitive Strengths & Weaknesses
    7.5 Danfoss
        7.5.1 Danfoss Details
        7.5.2 Danfoss Major Business
        7.5.3 Danfoss HVAC Variable Refrigerant Flow (VRF) System Product and Services
        7.5.4 Danfoss HVAC Variable Refrigerant Flow (VRF) System Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.5.5 Danfoss Recent Developments/Updates
        7.5.6 Danfoss Competitive Strengths & Weaknesses
    7.6 Blue Star
        7.6.1 Blue Star Details
        7.6.2 Blue Star Major Business
        7.6.3 Blue Star HVAC Variable Refrigerant Flow (VRF) System Product and Services
        7.6.4 Blue Star HVAC Variable Refrigerant Flow (VRF) System Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.6.5 Blue Star Recent Developments/Updates
        7.6.6 Blue Star Competitive Strengths & Weaknesses
    7.7 Fujitsu General
        7.7.1 Fujitsu General Details
        7.7.2 Fujitsu General Major Business
        7.7.3 Fujitsu General HVAC Variable Refrigerant Flow (VRF) System Product and Services
        7.7.4 Fujitsu General HVAC Variable Refrigerant Flow (VRF) System Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.7.5 Fujitsu General Recent Developments/Updates
        7.7.6 Fujitsu General Competitive Strengths & Weaknesses
    7.8 Haier
        7.8.1 Haier Details
        7.8.2 Haier Major Business
        7.8.3 Haier HVAC Variable Refrigerant Flow (VRF) System Product and Services
        7.8.4 Haier HVAC Variable Refrigerant Flow (VRF) System Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.8.5 Haier Recent Developments/Updates
        7.8.6 Haier Competitive Strengths & Weaknesses
    7.9 Ingersoll Rand
        7.9.1 Ingersoll Rand Details
        7.9.2 Ingersoll Rand Major Business
        7.9.3 Ingersoll Rand HVAC Variable Refrigerant Flow (VRF) System Product and Services
        7.9.4 Ingersoll Rand HVAC Variable Refrigerant Flow (VRF) System Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.9.5 Ingersoll Rand Recent Developments/Updates
        7.9.6 Ingersoll Rand Competitive Strengths & Weaknesses
    7.10 Midea
        7.10.1 Midea Details
        7.10.2 Midea Major Business
        7.10.3 Midea HVAC Variable Refrigerant Flow (VRF) System Product and Services
        7.10.4 Midea HVAC Variable Refrigerant Flow (VRF) System Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.10.5 Midea Recent Developments/Updates
        7.10.6 Midea Competitive Strengths & Weaknesses
    7.11 Panasonic
        7.11.1 Panasonic Details
        7.11.2 Panasonic Major Business
        7.11.3 Panasonic HVAC Variable Refrigerant Flow (VRF) System Product and Services
        7.11.4 Panasonic HVAC Variable Refrigerant Flow (VRF) System Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.11.5 Panasonic Recent Developments/Updates
        7.11.6 Panasonic Competitive Strengths & Weaknesses
    7.12 Samsung
        7.12.1 Samsung Details
        7.12.2 Samsung Major Business
        7.12.3 Samsung HVAC Variable Refrigerant Flow (VRF) System Product and Services
        7.12.4 Samsung HVAC Variable Refrigerant Flow (VRF) System Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.12.5 Samsung Recent Developments/Updates
        7.12.6 Samsung Competitive Strengths & Weaknesses
    7.13 United Technologies
        7.13.1 United Technologies Details
        7.13.2 United Technologies Major Business
        7.13.3 United Technologies HVAC Variable Refrigerant Flow (VRF) System Product and Services
        7.13.4 United Technologies HVAC Variable Refrigerant Flow (VRF) System Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.13.5 United Technologies Recent Developments/Updates
        7.13.6 United Technologies Competitive Strengths & Weaknesses
    7.14 Carrier
        7.14.1 Carrier Details
        7.14.2 Carrier Major Business
        7.14.3 Carrier HVAC Variable Refrigerant Flow (VRF) System Product and Services
        7.14.4 Carrier HVAC Variable Refrigerant Flow (VRF) System Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.14.5 Carrier Recent Developments/Updates
        7.14.6 Carrier Competitive Strengths & Weaknesses
    7.15 Lennox International
        7.15.1 Lennox International Details
        7.15.2 Lennox International Major Business
        7.15.3 Lennox International HVAC Variable Refrigerant Flow (VRF) System Product and Services
        7.15.4 Lennox International HVAC Variable Refrigerant Flow (VRF) System Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.15.5 Lennox International Recent Developments/Updates
        7.15.6 Lennox International Competitive Strengths & Weaknesses
    7.16 Gree
        7.16.1 Gree Details
        7.16.2 Gree Major Business
        7.16.3 Gree HVAC Variable Refrigerant Flow (VRF) System Product and Services
        7.16.4 Gree HVAC Variable Refrigerant Flow (VRF) System Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.16.5 Gree Recent Developments/Updates
        7.16.6 Gree Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 HVAC Variable Refrigerant Flow (VRF) System Industry Chain
    8.2 HVAC Variable Refrigerant Flow (VRF) System Upstream Analysis
        8.2.1 HVAC Variable Refrigerant Flow (VRF) System Core Raw Materials
        8.2.2 Main Manufacturers of HVAC Variable Refrigerant Flow (VRF) System Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 HVAC Variable Refrigerant Flow (VRF) System Production Mode
    8.6 HVAC Variable Refrigerant Flow (VRF) System Procurement Model
    8.7 HVAC Variable Refrigerant Flow (VRF) System Industry Sales Model and Sales Channels
        8.7.1 HVAC Variable Refrigerant Flow (VRF) System Sales Model
        8.7.2 HVAC Variable Refrigerant Flow (VRF) System Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World HVAC Variable Refrigerant Flow (VRF) System Production Value by Region (2018, 2022 and 2029) & (USD Million)
    Table 2. World HVAC Variable Refrigerant Flow (VRF) System Production Value by Region (2018-2023) & (USD Million)
    Table 3. World HVAC Variable Refrigerant Flow (VRF) System Production Value by Region (2024-2029) & (USD Million)
    Table 4. World HVAC Variable Refrigerant Flow (VRF) System Production Value Market Share by Region (2018-2023)
    Table 5. World HVAC Variable Refrigerant Flow (VRF) System Production Value Market Share by Region (2024-2029)
    Table 6. World HVAC Variable Refrigerant Flow (VRF) System Production by Region (2018-2023) & (K Units)
    Table 7. World HVAC Variable Refrigerant Flow (VRF) System Production by Region (2024-2029) & (K Units)
    Table 8. World HVAC Variable Refrigerant Flow (VRF) System Production Market Share by Region (2018-2023)
    Table 9. World HVAC Variable Refrigerant Flow (VRF) System Production Market Share by Region (2024-2029)
    Table 10. World HVAC Variable Refrigerant Flow (VRF) System Average Price by Region (2018-2023) & (US$/Unit)
    Table 11. World HVAC Variable Refrigerant Flow (VRF) System Average Price by Region (2024-2029) & (US$/Unit)
    Table 12. HVAC Variable Refrigerant Flow (VRF) System Major Market Trends
    Table 13. World HVAC Variable Refrigerant Flow (VRF) System Consumption Growth Rate Forecast by Region (2018 & 2022 & 2029) & (K Units)
    Table 14. World HVAC Variable Refrigerant Flow (VRF) System Consumption by Region (2018-2023) & (K Units)
    Table 15. World HVAC Variable Refrigerant Flow (VRF) System Consumption Forecast by Region (2024-2029) & (K Units)
    Table 16. World HVAC Variable Refrigerant Flow (VRF) System Production Value by Manufacturer (2018-2023) & (USD Million)
    Table 17. Production Value Market Share of Key HVAC Variable Refrigerant Flow (VRF) System Producers in 2022
    Table 18. World HVAC Variable Refrigerant Flow (VRF) System Production by Manufacturer (2018-2023) & (K Units)
    Table 19. Production Market Share of Key HVAC Variable Refrigerant Flow (VRF) System Producers in 2022
    Table 20. World HVAC Variable Refrigerant Flow (VRF) System Average Price by Manufacturer (2018-2023) & (US$/Unit)
    Table 21. Global HVAC Variable Refrigerant Flow (VRF) System Company Evaluation Quadrant
    Table 22. World HVAC Variable Refrigerant Flow (VRF) System Industry Rank of Major Manufacturers, Based on Production Value in 2022
    Table 23. Head Office and HVAC Variable Refrigerant Flow (VRF) System Production Site of Key Manufacturer
    Table 24. HVAC Variable Refrigerant Flow (VRF) System Market: Company Product Type Footprint
    Table 25. HVAC Variable Refrigerant Flow (VRF) System Market: Company Product Application Footprint
    Table 26. HVAC Variable Refrigerant Flow (VRF) System Competitive Factors
    Table 27. HVAC Variable Refrigerant Flow (VRF) System New Entrant and Capacity Expansion Plans
    Table 28. HVAC Variable Refrigerant Flow (VRF) System Mergers & Acquisitions Activity
    Table 29. United States VS China HVAC Variable Refrigerant Flow (VRF) System Production Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 30. United States VS China HVAC Variable Refrigerant Flow (VRF) System Production Comparison, (2018 & 2022 & 2029) & (K Units)
    Table 31. United States VS China HVAC Variable Refrigerant Flow (VRF) System Consumption Comparison, (2018 & 2022 & 2029) & (K Units)
    Table 32. United States Based HVAC Variable Refrigerant Flow (VRF) System Manufacturers, Headquarters and Production Site (States, Country)
    Table 33. United States Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production Value, (2018-2023) & (USD Million)
    Table 34. United States Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production Value Market Share (2018-2023)
    Table 35. United States Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production (2018-2023) & (K Units)
    Table 36. United States Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production Market Share (2018-2023)
    Table 37. China Based HVAC Variable Refrigerant Flow (VRF) System Manufacturers, Headquarters and Production Site (Province, Country)
    Table 38. China Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production Value, (2018-2023) & (USD Million)
    Table 39. China Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production Value Market Share (2018-2023)
    Table 40. China Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production (2018-2023) & (K Units)
    Table 41. China Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production Market Share (2018-2023)
    Table 42. Rest of World Based HVAC Variable Refrigerant Flow (VRF) System Manufacturers, Headquarters and Production Site (States, Country)
    Table 43. Rest of World Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production Value, (2018-2023) & (USD Million)
    Table 44. Rest of World Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production Value Market Share (2018-2023)
    Table 45. Rest of World Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production (2018-2023) & (K Units)
    Table 46. Rest of World Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production Market Share (2018-2023)
    Table 47. World HVAC Variable Refrigerant Flow (VRF) System Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 48. World HVAC Variable Refrigerant Flow (VRF) System Production by Type (2018-2023) & (K Units)
    Table 49. World HVAC Variable Refrigerant Flow (VRF) System Production by Type (2024-2029) & (K Units)
    Table 50. World HVAC Variable Refrigerant Flow (VRF) System Production Value by Type (2018-2023) & (USD Million)
    Table 51. World HVAC Variable Refrigerant Flow (VRF) System Production Value by Type (2024-2029) & (USD Million)
    Table 52. World HVAC Variable Refrigerant Flow (VRF) System Average Price by Type (2018-2023) & (US$/Unit)
    Table 53. World HVAC Variable Refrigerant Flow (VRF) System Average Price by Type (2024-2029) & (US$/Unit)
    Table 54. World HVAC Variable Refrigerant Flow (VRF) System Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 55. World HVAC Variable Refrigerant Flow (VRF) System Production by Application (2018-2023) & (K Units)
    Table 56. World HVAC Variable Refrigerant Flow (VRF) System Production by Application (2024-2029) & (K Units)
    Table 57. World HVAC Variable Refrigerant Flow (VRF) System Production Value by Application (2018-2023) & (USD Million)
    Table 58. World HVAC Variable Refrigerant Flow (VRF) System Production Value by Application (2024-2029) & (USD Million)
    Table 59. World HVAC Variable Refrigerant Flow (VRF) System Average Price by Application (2018-2023) & (US$/Unit)
    Table 60. World HVAC Variable Refrigerant Flow (VRF) System Average Price by Application (2024-2029) & (US$/Unit)
    Table 61. Daikin Industries Basic Information, Manufacturing Base and Competitors
    Table 62. Daikin Industries Major Business
    Table 63. Daikin Industries HVAC Variable Refrigerant Flow (VRF) System Product and Services
    Table 64. Daikin Industries HVAC Variable Refrigerant Flow (VRF) System Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 65. Daikin Industries Recent Developments/Updates
    Table 66. Daikin Industries Competitive Strengths & Weaknesses
    Table 67. Johnson Controls Basic Information, Manufacturing Base and Competitors
    Table 68. Johnson Controls Major Business
    Table 69. Johnson Controls HVAC Variable Refrigerant Flow (VRF) System Product and Services
    Table 70. Johnson Controls HVAC Variable Refrigerant Flow (VRF) System Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 71. Johnson Controls Recent Developments/Updates
    Table 72. Johnson Controls Competitive Strengths & Weaknesses
    Table 73. LG Electronics Basic Information, Manufacturing Base and Competitors
    Table 74. LG Electronics Major Business
    Table 75. LG Electronics HVAC Variable Refrigerant Flow (VRF) System Product and Services
    Table 76. LG Electronics HVAC Variable Refrigerant Flow (VRF) System Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 77. LG Electronics Recent Developments/Updates
    Table 78. LG Electronics Competitive Strengths & Weaknesses
    Table 79. Mitsubishi Electric Basic Information, Manufacturing Base and Competitors
    Table 80. Mitsubishi Electric Major Business
    Table 81. Mitsubishi Electric HVAC Variable Refrigerant Flow (VRF) System Product and Services
    Table 82. Mitsubishi Electric HVAC Variable Refrigerant Flow (VRF) System Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 83. Mitsubishi Electric Recent Developments/Updates
    Table 84. Mitsubishi Electric Competitive Strengths & Weaknesses
    Table 85. Danfoss Basic Information, Manufacturing Base and Competitors
    Table 86. Danfoss Major Business
    Table 87. Danfoss HVAC Variable Refrigerant Flow (VRF) System Product and Services
    Table 88. Danfoss HVAC Variable Refrigerant Flow (VRF) System Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 89. Danfoss Recent Developments/Updates
    Table 90. Danfoss Competitive Strengths & Weaknesses
    Table 91. Blue Star Basic Information, Manufacturing Base and Competitors
    Table 92. Blue Star Major Business
    Table 93. Blue Star HVAC Variable Refrigerant Flow (VRF) System Product and Services
    Table 94. Blue Star HVAC Variable Refrigerant Flow (VRF) System Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 95. Blue Star Recent Developments/Updates
    Table 96. Blue Star Competitive Strengths & Weaknesses
    Table 97. Fujitsu General Basic Information, Manufacturing Base and Competitors
    Table 98. Fujitsu General Major Business
    Table 99. Fujitsu General HVAC Variable Refrigerant Flow (VRF) System Product and Services
    Table 100. Fujitsu General HVAC Variable Refrigerant Flow (VRF) System Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 101. Fujitsu General Recent Developments/Updates
    Table 102. Fujitsu General Competitive Strengths & Weaknesses
    Table 103. Haier Basic Information, Manufacturing Base and Competitors
    Table 104. Haier Major Business
    Table 105. Haier HVAC Variable Refrigerant Flow (VRF) System Product and Services
    Table 106. Haier HVAC Variable Refrigerant Flow (VRF) System Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 107. Haier Recent Developments/Updates
    Table 108. Haier Competitive Strengths & Weaknesses
    Table 109. Ingersoll Rand Basic Information, Manufacturing Base and Competitors
    Table 110. Ingersoll Rand Major Business
    Table 111. Ingersoll Rand HVAC Variable Refrigerant Flow (VRF) System Product and Services
    Table 112. Ingersoll Rand HVAC Variable Refrigerant Flow (VRF) System Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 113. Ingersoll Rand Recent Developments/Updates
    Table 114. Ingersoll Rand Competitive Strengths & Weaknesses
    Table 115. Midea Basic Information, Manufacturing Base and Competitors
    Table 116. Midea Major Business
    Table 117. Midea HVAC Variable Refrigerant Flow (VRF) System Product and Services
    Table 118. Midea HVAC Variable Refrigerant Flow (VRF) System Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 119. Midea Recent Developments/Updates
    Table 120. Midea Competitive Strengths & Weaknesses
    Table 121. Panasonic Basic Information, Manufacturing Base and Competitors
    Table 122. Panasonic Major Business
    Table 123. Panasonic HVAC Variable Refrigerant Flow (VRF) System Product and Services
    Table 124. Panasonic HVAC Variable Refrigerant Flow (VRF) System Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 125. Panasonic Recent Developments/Updates
    Table 126. Panasonic Competitive Strengths & Weaknesses
    Table 127. Samsung Basic Information, Manufacturing Base and Competitors
    Table 128. Samsung Major Business
    Table 129. Samsung HVAC Variable Refrigerant Flow (VRF) System Product and Services
    Table 130. Samsung HVAC Variable Refrigerant Flow (VRF) System Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 131. Samsung Recent Developments/Updates
    Table 132. Samsung Competitive Strengths & Weaknesses
    Table 133. United Technologies Basic Information, Manufacturing Base and Competitors
    Table 134. United Technologies Major Business
    Table 135. United Technologies HVAC Variable Refrigerant Flow (VRF) System Product and Services
    Table 136. United Technologies HVAC Variable Refrigerant Flow (VRF) System Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 137. United Technologies Recent Developments/Updates
    Table 138. United Technologies Competitive Strengths & Weaknesses
    Table 139. Carrier Basic Information, Manufacturing Base and Competitors
    Table 140. Carrier Major Business
    Table 141. Carrier HVAC Variable Refrigerant Flow (VRF) System Product and Services
    Table 142. Carrier HVAC Variable Refrigerant Flow (VRF) System Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 143. Carrier Recent Developments/Updates
    Table 144. Carrier Competitive Strengths & Weaknesses
    Table 145. Lennox International Basic Information, Manufacturing Base and Competitors
    Table 146. Lennox International Major Business
    Table 147. Lennox International HVAC Variable Refrigerant Flow (VRF) System Product and Services
    Table 148. Lennox International HVAC Variable Refrigerant Flow (VRF) System Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 149. Lennox International Recent Developments/Updates
    Table 150. Gree Basic Information, Manufacturing Base and Competitors
    Table 151. Gree Major Business
    Table 152. Gree HVAC Variable Refrigerant Flow (VRF) System Product and Services
    Table 153. Gree HVAC Variable Refrigerant Flow (VRF) System Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 154. Global Key Players of HVAC Variable Refrigerant Flow (VRF) System Upstream (Raw Materials)
    Table 155. HVAC Variable Refrigerant Flow (VRF) System Typical Customers
    Table 156. HVAC Variable Refrigerant Flow (VRF) System Typical Distributors
List of Figure
    Figure 1. HVAC Variable Refrigerant Flow (VRF) System Picture
    Figure 2. World HVAC Variable Refrigerant Flow (VRF) System Production Value: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World HVAC Variable Refrigerant Flow (VRF) System Production Value and Forecast (2018-2029) & (USD Million)
    Figure 4. World HVAC Variable Refrigerant Flow (VRF) System Production (2018-2029) & (K Units)
    Figure 5. World HVAC Variable Refrigerant Flow (VRF) System Average Price (2018-2029) & (US$/Unit)
    Figure 6. World HVAC Variable Refrigerant Flow (VRF) System Production Value Market Share by Region (2018-2029)
    Figure 7. World HVAC Variable Refrigerant Flow (VRF) System Production Market Share by Region (2018-2029)
    Figure 8. North America HVAC Variable Refrigerant Flow (VRF) System Production (2018-2029) & (K Units)
    Figure 9. Europe HVAC Variable Refrigerant Flow (VRF) System Production (2018-2029) & (K Units)
    Figure 10. China HVAC Variable Refrigerant Flow (VRF) System Production (2018-2029) & (K Units)
    Figure 11. Japan HVAC Variable Refrigerant Flow (VRF) System Production (2018-2029) & (K Units)
    Figure 12. HVAC Variable Refrigerant Flow (VRF) System Market Drivers
    Figure 13. Factors Affecting Demand
    Figure 14. World HVAC Variable Refrigerant Flow (VRF) System Consumption (2018-2029) & (K Units)
    Figure 15. World HVAC Variable Refrigerant Flow (VRF) System Consumption Market Share by Region (2018-2029)
    Figure 16. United States HVAC Variable Refrigerant Flow (VRF) System Consumption (2018-2029) & (K Units)
    Figure 17. China HVAC Variable Refrigerant Flow (VRF) System Consumption (2018-2029) & (K Units)
    Figure 18. Europe HVAC Variable Refrigerant Flow (VRF) System Consumption (2018-2029) & (K Units)
    Figure 19. Japan HVAC Variable Refrigerant Flow (VRF) System Consumption (2018-2029) & (K Units)
    Figure 20. South Korea HVAC Variable Refrigerant Flow (VRF) System Consumption (2018-2029) & (K Units)
    Figure 21. ASEAN HVAC Variable Refrigerant Flow (VRF) System Consumption (2018-2029) & (K Units)
    Figure 22. India HVAC Variable Refrigerant Flow (VRF) System Consumption (2018-2029) & (K Units)
    Figure 23. Producer Shipments of HVAC Variable Refrigerant Flow (VRF) System by Manufacturer Revenue ($MM) and Market Share (%): 2022
    Figure 24. Global Four-firm Concentration Ratios (CR4) for HVAC Variable Refrigerant Flow (VRF) System Markets in 2022
    Figure 25. Global Four-firm Concentration Ratios (CR8) for HVAC Variable Refrigerant Flow (VRF) System Markets in 2022
    Figure 26. United States VS China: HVAC Variable Refrigerant Flow (VRF) System Production Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 27. United States VS China: HVAC Variable Refrigerant Flow (VRF) System Production Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: HVAC Variable Refrigerant Flow (VRF) System Consumption Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. United States Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production Market Share 2022
    Figure 30. China Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production Market Share 2022
    Figure 31. Rest of World Based Manufacturers HVAC Variable Refrigerant Flow (VRF) System Production Market Share 2022
    Figure 32. World HVAC Variable Refrigerant Flow (VRF) System Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 33. World HVAC Variable Refrigerant Flow (VRF) System Production Value Market Share by Type in 2022
    Figure 34. Heat Pump Systems
    Figure 35. Heat Recovery Systems
    Figure 36. Others
    Figure 37. World HVAC Variable Refrigerant Flow (VRF) System Production Market Share by Type (2018-2029)
    Figure 38. World HVAC Variable Refrigerant Flow (VRF) System Production Value Market Share by Type (2018-2029)
    Figure 39. World HVAC Variable Refrigerant Flow (VRF) System Average Price by Type (2018-2029) & (US$/Unit)
    Figure 40. World HVAC Variable Refrigerant Flow (VRF) System Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 41. World HVAC Variable Refrigerant Flow (VRF) System Production Value Market Share by Application in 2022
    Figure 42. Commercial
    Figure 43. Residential
    Figure 44. World HVAC Variable Refrigerant Flow (VRF) System Production Market Share by Application (2018-2029)
    Figure 45. World HVAC Variable Refrigerant Flow (VRF) System Production Value Market Share by Application (2018-2029)
    Figure 46. World HVAC Variable Refrigerant Flow (VRF) System Average Price by Application (2018-2029) & (US$/Unit)
    Figure 47. HVAC Variable Refrigerant Flow (VRF) System Industry Chain
    Figure 48. HVAC Variable Refrigerant Flow (VRF) System Procurement Model
    Figure 49. HVAC Variable Refrigerant Flow (VRF) System Sales Model
    Figure 50. HVAC Variable Refrigerant Flow (VRF) System Sales Channels, Direct Sales, and Distribution
    Figure 51. Methodology
    Figure 52. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

Daikin Industries
Johnson Controls
LG Electronics
Mitsubishi Electric
Danfoss
Blue Star
Fujitsu General
Haier
Ingersoll Rand
Midea
Panasonic
Samsung
United Technologies
Carrier
Lennox International
Gree

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