VRFシステムの世界市場：システムタイプ (ヒートポンプVRF・熱回収VRF)・コンポーネント・最終用途別の予測 (～2032年)

VRF (可変冷媒流量) システムの市場は近年著しく成長しており、2024年から2032年の予測期間中はCAGR 15.2％で成長し、2032年には601億7,440万米ドルに達すると見込まれています。

VRFシステムとは、システムのニーズに応じて室内機への冷媒流量を調整するもので、施設内のファンコイルユニットに向けて冷媒の流れを制御・管理することができます。これらのシステムには主にヒートポンプ方式と熱回収方式の2種類があり、同時に冷房と暖房が必要な場合に応じて多様な用途に活用することが可能です。エネルギーの節約、設計の柔軟性、経済的な設置性といった利点から、VRFシステムは住宅用・商業用を問わず幅広い分野で需要が高まっています。

この市場の主な成長要因は、エネルギー効率の高い製品に対する消費者需要の増加です。VRFシステムには高度な可変速コンプレッサーが搭載されており、低温で作動するため高いエネルギー効率を実現します。また、軽微な不具合や摩耗が少なく、ダウンタイムも抑えられます。さらに可変風量技術と比べて40％以上のエネルギーを節約できます。加えて、最小限の配管で限られた場所にある既存機器と置き換えることができるため、ホテル、スーパーマーケット、オフィスビルなどの商業施設での活用に理想的です。予測期間を通じて、静音性、従来方式に比べた運用コストの低さ、高いエネルギー効率といった特性が、VRFシステムの導入を後押しすると見込まれています。

地域別インサイト

アジア太平洋地域は最も大きなシェアを占めています。この地域の成長を促進している要因の一つは、住宅および商業部門からの需要の増加です。加えて、都市化や工業化の進展、ワイヤレス機器やコネクテッドデバイスなどのハイテク機器に対する消費者需要の高まりも、主な成長推進因子となっています。

北米地域は予測期間中に高いCAGRで急速な成長を示すと予測されています。同地域市場の拡大は、コネクテッド技術の導入が進んでいることに起因しています。また、企業はエネルギー効率の向上と柔軟な設計を可能にするVRF技術を積極的に導入しており、これも市場成長の一因となっています。

当レポートでは、世界のVRFシステムの市場を調査し、市場の定義と概要、市場成長への各種影響因子の分析、市場規模の推移・予測、各種区分・地域/主要国別の内訳、競合環境、主要企業のプロファイルなどをまとめています。

目次

第1章 エグゼクティブサマリー

第2章 市場概要

第3章 調査手法

第4章 市場力学

• 促進要因
  • エネルギー効率の高いHVACソリューションの需要増加
  • 新興経済国における急速な都市化とインフラ開発
  • VRFシステムの技術的進歩
• 抑制要因
  • 初期設置コストが高め
  • 熟練労働力の不足
• 機会
  • スマートでコネクテッドなビルディングシステムの導入拡大
  • 新興市場における用途の拡大

第5章 市場要因分析

• サプライチェーン分析
• ポーターのファイブフォースモデル

第6章 世界のVRFシステム市場：システムタイプ別

• 概要
• ヒートポンプVRF (2パイプシステム)
• 熱回収VRF (3パイプシステム)

第7章 世界のVRFシステム市場：コンポーネント別

• 屋外ユニット
• 室内ユニット
• 制御システム
• アクセサリー

第8章 世界のVRFシステム市場：最終用途別

• 商用
• 住宅
• 工業用

第9章 世界のVRFシステム市場：地域別

• 概要
• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • フランス
  • 英国
  • イタリア
  • スペイン
  • その他
• アジア太平洋
  • 中国
  • 日本
  • インド
  • 韓国
  • その他
• 中東・アフリカ
• 南米

第10章 競合情勢

• 市場シェア分析
• 競合ダッシュボード
• 主な展開・成長戦略

第11章 企業プロファイル

• DAIKIN
• LG ELECTRONICS
• CARRIER GLOBAL CORPORATION
• MITSUBISHI ELECTRIC
• MIDEA
• JOHNSON CONTROLS
• FUJITSU GENERAL
• BLUE STAR LIMITED
• VOLTAS LIMITED
• BOSCH INDUSTRIEKESSEL GMBH
• GREE COMMERCIAL
• SKM AIR CONDITIONING
• TRANE TECHNOLOGIES
• SAMSUNG ELECTRONICS CO
• LENNOX INTERNATIONAL INC

データ引用

LIST OF TABLES

• TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT
• TABLE 2 GLOBAL VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 3 GLOBAL VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 4 GLOBAL VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 5 GLOBAL VRF SYSTEMS MARKET, BY REGION, 2019-2032 (USD MILLION)
• TABLE 6 NORTH AMERICA: VRF SYSTEMS MARKET, BY COUNTRY, 2019-2032 (USD MILLION)
• TABLE 7 NORTH AMERICA VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 8 NORTH AMERICA VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 9 NORTH AMERICA VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 10 US VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 11 US VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 12 US VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 13 CANADA VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 14 CANADA VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 15 CANADA VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 16 MEXICO VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 17 MEXICO VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 18 MEXICO VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 19 EUROPE: VRF SYSTEMS MARKET, BY COUNTRY, 2019-2032 (USD MILLION)
• TABLE 20 EUROPE VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 21 EUROPE VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 22 EUROPE VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 23 GERMANY VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 24 GERMANY VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 25 GERMANY VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 26 FRANCE VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 27 FRANCE VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 28 FRANCE VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 29 UK VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 30 UK VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 31 UK VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 32 ITALY VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 33 ITALY VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 34 ITALY VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 35 SPAIN VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 36 SPAIN VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 37 SPAIN VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 38 REST OF EUROPE VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 39 REST OF EUROPE VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 40 REST OF EUROPE VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 41 ASIA-PACIFIC: VRF SYSTEMS MARKET, BY COUNTRY, 2019-2032 (USD MILLION)
• TABLE 42 ASIA PACIFIC VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 43 ASIA PACIFIC VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 44 ASIA PACIFIC VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 45 CHINA VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 46 CHINA VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 47 CHINA VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 48 JAPAN VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 49 JAPAN VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 50 JAPAN VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 51 INDIA VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 52 INDIA VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 53 INDIA VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 54 SOUTH KOREA VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 55 SOUTH KOREA VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 56 SOUTH KOREA VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 57 REST OF ASIA PACIFIC VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 58 REST OF ASIA PACIFIC VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 59 REST OF ASIA PACIFIC VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 60 MIDDLE EAST & AFRICA VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 61 MIDDLE EAST & AFRICA VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 62 MIDDLE EAST & AFRICA VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 63 SOUTH AMERICA VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• TABLE 64 SOUTH AMERICA VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• TABLE 65 SOUTH AMERICA VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• TABLE 66 PRODUCT LAUNCH/PRODUCT APPROVAL
• TABLE 67 PARTNERSHIP/INVESTMENT
• TABLE 68 DAIKIN: PRODUCTS/ SOLUTIONS/ SERVICES OFFERED
• TABLE 69 LG ELECTRONICS: PRODUCTS/ SOLUTIONS/ SERVICES OFFERED
• TABLE 70 LG ELECTRONICS: KEY DEVELOPMENTS
• TABLE 71 CARRIER GLOBAL CORPORATION: PRODUCTS/ SOLUTIONS/ SERVICES OFFERED
• TABLE 72 MITSUBISHI ELECTRIC: PRODUCTS/ SOLUTIONS/ SERVICES OFFERED
• TABLE 73 MITSUBISHI ELECTRIC: KEY DEVELOPMENTS
• TABLE 74 MIDEA: PRODUCTS/ SOLUTIONS/ SERVICES OFFERED
• TABLE 75 MIDEA: KEY DEVELOPMENTS
• TABLE 76 JOHNSON CONTROLS: PRODUCTS/ SOLUTIONS/ SERVICES OFFERED
• TABLE 77 MIDEA: KEY DEVELOPMENTS
• TABLE 78 FUJITSU GENERAL: PRODUCTS/ SOLUTIONS/ SERVICES OFFERED
• TABLE 79 BLUE STAR LIMITED: PRODUCTS/ SOLUTIONS/ SERVICES OFFERED
• TABLE 80 VOLTAS LIMITED: PRODUCTS/ SOLUTIONS/ SERVICES OFFERED
• TABLE 81 BOSCH INDUSTRIEKESSEL GMBH: PRODUCTS/ SOLUTIONS/ SERVICES OFFERED
• TABLE 82 GREE COMMERCIAL: PRODUCTS/ SOLUTIONS/ SERVICES OFFERED
• TABLE 83 SKM AIR CONDITIONING: PRODUCTS/ SOLUTIONS/ SERVICES OFFERED
• TABLE 84 TRANE TECHNOLOGIES: PRODUCTS/ SOLUTIONS/ SERVICES OFFERED
• TABLE 85 SAMSUNG ELECTRONICS CO: KEY DEVELOPMENTS
• TABLE 86 SAMSUNG ELECTRONICS CO.: PRODUCTS/ SOLUTIONS/ SERVICES OFFERED
• TABLE 87 SAMSUNG ELECTRONICS CO: KEY DEVELOPMENTS
• TABLE 88 LENNOX INTERNATIONAL INC.: PRODUCTS/ SOLUTIONS/ SERVICES OFFERED
• TABLE 89 LENNOX INTERNATIONAL INC: KEY DEVELOPMENTS

LIST OF FIGURES

• FIGURE 1 GLOBAL VRF SYSTEMS MARKET: STRUCTURE
• FIGURE 2 GLOBAL VRF SYSTEMS MARKET: MARKET GROWTH FACTOR ANALYSIS (2019-2032)
• FIGURE 3 DRIVER IMPACT ANALYSIS (2023-2032)
• FIGURE 4 RESTRAINT IMPACT ANALYSIS (2023-2032)
• FIGURE 5 OPPORTUNITY IMPACT FORECAST
• FIGURE 6 SUPPLY CHAIN: GLOBAL VRF SYSTEMS MARKET
• FIGURE 7 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL VRF SYSTEMS MARKET
• FIGURE 8 GLOBAL VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2023 VS 2032 (USD MILLION)
• FIGURE 9 GLOBAL VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2023 (% SHARE)
• FIGURE 10 GLOBAL VRF SYSTEMS MARKET, BY COMPONENT, 2023 VS 2032 (USD MILLION)
• FIGURE 11 GLOBAL VRF SYSTEMS MARKET, BY COMPONENT, 2023 (% SHARE)
• FIGURE 12 GLOBAL VRF SYSTEMS MARKET, BY END USE VERTICAL, 2023 VS 2032 (USD MILLION)
• FIGURE 13 GLOBAL VRF SYSTEMS MARKET, BY END USE VERTICAL, 2023 (% SHARE)
• FIGURE 14 GLOBAL VRF SYSTEMS MARKET, BY REGION, 2023 (% SHARE)
• FIGURE 15 GLOBAL VRF SYSTEMS MARKET, BY REGION, 2023 VS 2032 (USD MILLION)
• FIGURE 16 NORTH AMERICA: VRF SYSTEMS MARKET SHARE, BY COUNTRY, 2023 (% SHARE)
• FIGURE 17 NORTH AMERICA: VRF SYSTEMS MARKET SHARE, BY COUNTRY, 2023 VS 2032 (USD MILLION)
• FIGURE 18 NORTH AMERICA: VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• FIGURE 19 NORTH AMERICA: VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• FIGURE 20 NORTH AMERICA: VRF SYSTEMS MARKET SHARE, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• FIGURE 21 EUROPE: VRF SYSTEMS MARKET SHARE, BY COUNTRY, 2023 (% SHARE)
• FIGURE 22 EUROPE: VRF SYSTEMS MARKET SHARE, BY COUNTRY, 2023 VS 2032 (USD MILLION)
• FIGURE 23 EUROPE: VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• FIGURE 24 EUROPE: VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• FIGURE 25 EUROPE: VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• FIGURE 26 ASIA-PACIFIC: VRF SYSTEMS MARKET SHARE, BY COUNTRY, 2023 (% SHARE)
• FIGURE 27 ASIA-PACIFIC: VRF SYSTEMS MARKET SHARE, BY COUNTRY, 2023 VS 2032 (USD MILLION)
• FIGURE 28 ASIA-PACIFIC: VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• FIGURE 29 ASIA-PACIFIC: VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• FIGURE 30 ASIA-PACIFIC: VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• FIGURE 31 MIDDLE EAST AND AFRICA: VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• FIGURE 32 MIDDLE EAST AND AFRICA: VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• FIGURE 33 MIDDLE EAST AND AFRICA: VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• FIGURE 34 SOUTH AMERICA: VRF SYSTEMS MARKET, BY SYSTEM TYPE, 2019-2032 (USD MILLION)
• FIGURE 35 SOUTH AMERICA: VRF SYSTEMS MARKET, BY COMPONENT, 2019-2032 (USD MILLION)
• FIGURE 36 SOUTH AMERICA: VRF SYSTEMS MARKET, BY END USE VERTICAL, 2019-2032 (USD MILLION)
• FIGURE 1 VRF SYSTEMS MARKET PLAYERS: COMPETITIVE ANALSIS, 2023 (% SHARE)
• FIGURE 2 COMPETITOR DASHBOARD: VRF SYSTEMS MARKET
• FIGURE 3 DAIKIN: FINANCIAL OVERVIEW SNAPSHOT
• FIGURE 4 DAIKIN: SWOT ANALYSIS
• FIGURE 5 LG ELECTRONICS: FINANCIAL OVERVIEW SNAPSHOT
• FIGURE 6 LG ELECTRONICS: SWOT ANALYSIS
• FIGURE 7 CARRIER GLOBAL CORPORATION: FINANCIAL OVERVIEW SNAPSHOT
• FIGURE 8 CARRIER GLOBAL CORPORATION: SWOT ANALYSIS
• FIGURE 9 MITSUBISHI ELECTRIC: FINANCIAL OVERVIEW SNAPSHOT
• FIGURE 10 MITSUBISHI ELECTRIC: SWOT ANALYSIS
• FIGURE 11 MIDEA: FINANCIAL OVERVIEW SNAPSHOT
• FIGURE 12 MIDEA: SWOT ANALYSIS
• FIGURE 13 JOHNSON CONTROLS: FINANCIAL OVERVIEW SNAPSHOT
• FIGURE 14 JOHNSON CONTROLS: SWOT ANALYSIS
• FIGURE 15 FUJITSU GENERAL: FINANCIAL OVERVIEW SNAPSHOT
• FIGURE 16 FUJITSU GENERAL: SWOT ANALYSIS
• FIGURE 17 BLUE STAR LIMITED: SWOT ANALYSIS
• FIGURE 18 VOLTAS LIMITED: SWOT ANALYSIS
• FIGURE 19 BOSCH INDUSTRIEKESSEL GMBH: SWOT ANALYSIS
• FIGURE 20 GREE COMMERCIAL: FINANCIAL OVERVIEW SNAPSHOT
• FIGURE 21 GREE COMMERCIAL: SWOT ANALYSIS
• FIGURE 22 SKM AIR CONDITIONING: SWOT ANALYSIS
• FIGURE 23 TRANE TECHNOLOGIES: FINANCIAL OVERVIEW SNAPSHOT
• FIGURE 24 TRANE TECHNOLOGIES: SWOT ANALYSIS
• FIGURE 25 SAMSUNG ELECTRONICS CO.: FINANCIAL OVERVIEW SNAPSHOT
• FIGURE 26 SAMSUNG ELECTRONICS CO.: SWOT ANALYSIS
• FIGURE 27 LENNOX INTERNATIONAL INC.: FINANCIAL OVERVIEW SNAPSHOT
• FIGURE 28 LENNOX INTERNATIONAL INC.: SWOT ANALYSIS

Global VRF Systems Market Research Report Information By System Type (Heat Pump VRF (2 Pipe System) and Heat Recovery VRF (3 Pipe System)), By Component (Outdoor Units, Indoor Units, Control Systems, Accessories), And By End Use (Commercial, Residential, and Industrial) Forecast Till 2032

Market Overview

According to MRFR, the VRF Systems Market has grown tremendously in recent years. It is estimated to reach USD 60,174.4 million by 2032, growing at a CAGR of 15.2% over the forecast period (2024-2032).

Variable refrigerant flow (VRF) systems adjust the refrigerant flow to indoor units based on the needs of the system. These systems may control and manage the flow of refrigerant throughout the facility to a fan coil unit. Heating pumps and heat recovery systems are the most common types of these systems, and depending on the requirement for simultaneous heating and cooling, they can be employed in a variety of applications. VRF systems are in high demand for a variety of reasons, including their ability to conserve energy, give design flexibility, and be installed economically, making them an excellent choice for both residential and commercial applications.

The market for VR systems is primarily driven by rising consumer demand for energy-efficient products. These systems feature a sophisticated variable-speed compressor that operates at a low temperature, resulting in energy efficiency. These systems have fewer minor malfunctions and wear and tear, reducing downtime. They save more than 40% more energy than variable air volume technology. The variable refrigerant flow systems system may replace current equipment in confined locations with minimal plumbing, making it perfect for use in commercial settings such as hotels, supermarkets, and office buildings. Throughout the forecast period, characteristics such as quieter operation, reduced running costs than conventional procedures, and great energy efficiency are expected to drive adoption of these systems.

Market Segment insights

The global VRF Systems market is divided into two segments based on system type: heat pump VRF (2 pipe system) and heat recovery VRF (3 pipe system).

The market is segmented by component, which comprises outdoor units, indoor units, control systems, and accessories.

The global VRF Systems market is divided into three segments based on the end use vertical: commercial, residential, and industrial.

Residential, Commercial, Rail & Air Transportation, and Others are the market segments organized by application.

Regional insights

The analysis covers market insights for North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific accounts for the greatest market share. One of the factors driving the Asia-Pacific VRF Systems market is increased demand for VRF systems from end users in the residential and commercial sectors. Rising urbanization, industrialization, and consumer demand for high-tech equipment such as wireless and connected gadgets are some of the main factors driving the Market.

The North American region is predicted to grow rapidly at a CAGR. The market is developing due to the increasing integration of connected technologies. However, business organizations are increasingly using VRF technology for energy efficiency and adaptable designs.

Major Players

Daikin, LG Electronics, Carrier Global Corporation, Mitsubishi Electric, Midea, Johnson Controls, FUJITSU GENERAL, Blue Star Limited, Voltas Limited, Hitachi Air Conditioning Company, GREE Commercial, SKM Air Conditioning, Trane Technologies, Samsung Electronics Co., and Lennox International Inc. are among the major players in the VRF Systems market.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

• 2.1 DEFINITION
• 2.2 SCOPE OF THE STUDY
• 2.3 RESEARCH OBJECTIVE
• 2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

• 3.1 OVERVIEW
• 3.2 DATA FLOW
  • 3.2.1 DATA MINING PROCESS
• 3.3 PURCHASED DATABASE:
• 3.4 SECONDARY SOURCES:
  • 3.4.1 SECONDARY RESEARCH DATA FLOW:
• 3.5 PRIMARY RESEARCH:
  • 3.5.1 PRIMARY RESEARCH DATA FLOW:
  • 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
  • 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
• 3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
  • 3.6.1 REVENUE ANALYSIS APPROACH
• 3.7 DATA FORECASTING
  • 3.7.1 DATA FORECASTING TECHNIQUE
• 3.8 DATA MODELING
  • 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
  • 3.8.2 DATA MODELING:
• 3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

• 4.1 INTRODUCTION
• 4.2 DRIVERS
  • 4.2.1 INCREASING DEMAND FOR ENERGY-EFFICIENT HVAC SOLUTIONS
  • 4.2.2 RAPID URBANIZATION AND INFRASTRUCTURE DEVELOPMENT IN EMERGING ECONOMIES
  • 4.2.3 TECHNOLOGICAL ADVANCEMENTS IN VRF SYSTEMS
• 4.3 RESTRAINT
  • 4.3.1 HIGH INITIAL INSTALLATION COSTS
  • 4.3.2 LACK OF SKILLED WORKFORCE
• 4.4 OPPORTUNITY
  • 4.4.1 GROWING ADOPTION OF SMART AND CONNECTED BUILDING SYSTEMS
  • 4.4.2 EXPANDING APPLICATIONS IN EMERGING MARKETS

5 MARKET FACTOR ANALYSIS

• 5.1 SUPPLY CHAIN ANALYSIS
  • 5.1.1 RAW MATERIAL SOURCING AND COMPONENT MANUFACTURING:
  • 5.1.2 SYSTEM ASSEMBLY AND INTEGRATION:
  • 5.1.3 DISTRIBUTION AND LOGISTICS:
  • 5.1.4 INSTALLATION AND AFTER-SALES SERVICES:
• 5.2 PORTER'S FIVE FORCES MODEL
  • 5.2.1 THREAT OF NEW ENTRANTS (MODERATE TO HIGH):
  • 5.2.2 BARGAINING POWER OF SUPPLIERS (MODERATE):
  • 5.2.3 BARGAINING POWER OF BUYERS (HIGH):
  • 5.2.4 THREAT OF SUBSTITUTE PRODUCTS (MODERATE):
  • 5.2.5 RIVALRY AMONG EXISTING COMPETITORS (HIGH):

6 GLOBAL VRF SYSTEMS MARKET, BY SYSTEM TYPE

• 6.1 OVERVIEW
• 6.2 HEAT PUMP VRF (2 PIPE SYSTEM)
• 6.3 HEAT RECOVERY VRF (3 PIPE SYSTEM)

7 GLOBAL VRF SYSTEMS MARKET, BY COMPONENT

• 7.1 INTRODUCTION
• 7.2 OUTDOOR UNITS
• 7.3 INDOOR UNITS
• 7.4 CONTROL SYSTEMS
• 7.5 ACCESSORIES

8 GLOBAL VRF SYSTEMS MARKET, BY END USE VERTICAL

• 8.1 INTRODUCTION
• 8.2 COMMERCIAL
• 8.3 RESIDENTIAL
• 8.4 INDUSTRIAL

9 GLOBAL VRF SYSTEMS MARKET, BY REGION

• 9.1 OVERVIEW
  • 9.1.1 GLOBAL VRF SYSTEMS MARKET, BY REGION, 2023 VS 2032 (USD MILLION)
  • 9.1.2 GLOBAL VRF SYSTEMS MARKET, BY REGION, 2019-2032 (USD MILLION)
• 9.2 NORTH AMERICA
  • 9.2.1 US
  • 9.2.2 CANADA
  • 9.2.3 MEXICO
• 9.3 EUROPE
  • 9.3.1 GERMANY
  • 9.3.2 FRANCE
  • 9.3.3 UK
  • 9.3.4 ITALY
  • 9.3.5 SPAIN
  • 9.3.6 REST OF EUROPE
• 9.4 ASIA-PACIFIC
  • 9.4.1 CHINA
  • 9.4.2 JAPAN
  • 9.4.3 INDIA
  • 9.4.4 SOUTH KOREA
  • 9.4.5 REST OF ASIA-PACIFIC
• 9.5 MIDDLE EAST & AFRICA
• 9.6 SOUTH AMERICA

10 COMPETITIVE LANDSCAPE

• 10.1 INTRODUCTION
• 10.2 MARKET SHARE ANALYSIS, 2023 (% SHARE)
• 10.3 COMPETITOR DASHBOARD
• 10.4 KEY DEVELOPMENTS & GROWTH STRATEGIES
  • 10.4.1 PRODUCT LAUNCH/PRODUCT APPROVAL/PRODUCT DEVELOPMET
  • 10.4.2 PARTNERSHIP/INVESTMENT

11 COMPANY PROFILE

• 11.1 DAIKIN
  • 11.1.1 COMPANY OVERVIEW
  • 11.1.2 FINANCIAL OVERVIEW
  • 11.1.3 PRODUCTS OFFERED
  • 11.1.4 KEY DEVELOPMENTS
  • 11.1.5 SWOT ANALYSIS
  • 11.1.6 KEY STRATEGIES
• 11.2 LG ELECTRONICS
  • 11.2.1 COMPANY OVERVIEW
  • 11.2.2 FINANCIAL OVERVIEW
  • 11.2.3 PRODUCTS OFFERED
  • 11.2.4 KEY DEVELOPMENTS
  • 11.2.5 SWOT ANALYSIS
  • 11.2.6 KEY STRATEGIES
• 11.3 CARRIER GLOBAL CORPORATION
  • 11.3.1 COMPANY OVERVIEW
  • 11.3.2 FINANCIAL OVERVIEW
  • 11.3.3 PRODUCTS OFFERED
  • 11.3.4 KEY DEVELOPMENTS
  • 11.3.5 SWOT ANALYSIS
  • 11.3.6 KEY STRATEGIES
• 11.4 MITSUBISHI ELECTRIC
  • 11.4.1 COMPANY OVERVIEW
  • 11.4.2 FINANCIAL OVERVIEW
  • 11.4.3 PRODUCTS OFFERED
  • 11.4.4 KEY DEVELOPMENTS
  • 11.4.5 SWOT ANALYSIS
  • 11.4.6 KEY STRATEGIES
• 11.5 MIDEA
  • 11.5.1 COMPANY OVERVIEW
  • 11.5.2 FINANCIAL OVERVIEW
  • 11.5.3 PRODUCTS OFFERED
  • 11.5.4 KEY DEVELOPMENTS
  • 11.5.5 SWOT ANALYSIS
  • 11.5.6 KEY STRATEGIES
• 11.6 JOHNSON CONTROLS
  • 11.6.1 COMPANY OVERVIEW
  • 11.6.2 FINANCIAL OVERVIEW
  • 11.6.3 PRODUCTS OFFERED
  • 11.6.4 KEY DEVELOPMENTS
  • 11.6.5 SWOT ANALYSIS
  • 11.6.6 KEY STRATEGIES
• 11.7 FUJITSU GENERAL
  • 11.7.1 COMPANY OVERVIEW
  • 11.7.2 FINANCIAL OVERVIEW
  • 11.7.3 PRODUCTS OFFERED
  • 11.7.4 KEY DEVELOPMENTS
  • 11.7.5 SWOT ANALYSIS
  • 11.7.6 KEY STRATEGIES
• 11.8 BLUE STAR LIMITED
  • 11.8.1 COMPANY OVERVIEW
  • 11.8.2 FINANCIAL OVERVIEW
  • 11.8.3 PRODUCTS OFFERED
  • 11.8.4 KEY DEVELOPMENTS
  • 11.8.5 SWOT ANALYSIS
  • 11.8.6 KEY STRATEGIES
• 11.9 VOLTAS LIMITED
  • 11.9.1 COMPANY OVERVIEW
  • 11.9.2 FINANCIAL OVERVIEW
  • 11.9.3 PRODUCTS OFFERED
  • 11.9.4 KEY DEVELOPMENTS
  • 11.9.5 SWOT ANALYSIS
  • 11.9.6 KEY STRATEGIES
• 11.10 BOSCH INDUSTRIEKESSEL GMBH
  • 11.10.1 COMPANY OVERVIEW
  • 11.10.2 PRODUCTS OFFERED
  • 11.10.3 KEY DEVELOPMENTS
  • 11.10.4 SWOT ANALYSIS
  • 11.10.5 KEY STRATEGIES
• 11.11 GREE COMMERCIAL
  • 11.11.1 COMPANY OVERVIEW
  • 11.11.2 FINANCIAL OVERVIEW
  • 11.11.3 PRODUCTS OFFERED
  • 11.11.4 KEY DEVELOPMENTS
  • 11.11.5 SWOT ANALYSIS
  • 11.11.6 KEY STRATEGIES
• 11.12 SKM AIR CONDITIONING
  • 11.12.1 COMPANY OVERVIEW
  • 11.12.2 FINANCIAL OVERVIEW
  • 11.12.3 PRODUCTS OFFERED
  • 11.12.4 KEY DEVELOPMENTS
  • 11.12.5 SWOT ANALYSIS
  • 11.12.6 KEY STRATEGIES
• 11.13 TRANE TECHNOLOGIES
  • 11.13.1 COMPANY OVERVIEW
  • 11.13.2 FINANCIAL OVERVIEW
  • 11.13.3 PRODUCTS OFFERED
  • 11.13.4 KEY DEVELOPMENTS
  • 11.13.5 SWOT ANALYSIS
  • 11.13.6 KEY STRATEGIES
• 11.14 SAMSUNG ELECTRONICS CO
  • 11.14.1 COMPANY OVERVIEW
  • 11.14.2 FINANCIAL OVERVIEW
  • 11.14.3 PRODUCTS OFFERED
  • 11.14.4 KEY DEVELOPMENTS
  • 11.14.5 SWOT ANALYSIS
  • 11.14.6 KEY STRATEGIES
• 11.15 LENNOX INTERNATIONAL INC
  • 11.15.1 COMPANY OVERVIEW
  • 11.15.2 FINANCIAL OVERVIEW
  • 11.15.3 PRODUCTS OFFERED
  • 11.15.4 KEY DEVELOPMENTS
  • 11.15.5 SWOT ANALYSIS
  • 11.15.6 KEY STRATEGIES

DATA CITATIONS