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Global Variable Refrigerant Flow System Market Become Dominant At CAGR Of 9.24% By 2021

Press release   •   Jul 17, 2017 03:19 EDT

About Variable Refrigerant Flow System Market

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.

Technavios 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:




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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



Ingersoll Rand

Midea Group




Market driver

Rising number of data centers

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Market challenge

Installation complexity

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Market trend

Technological advancements in VRF

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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?

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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




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

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