<p class="titleRed" style="text-align: left;">VRF Systems Market by System Type (Heat Pump and Heat Recovery System), Component (Compressor, Invertor, Electronic Expansion Valve, Synchronous Electronic Motor and Installation services), Application, and Geography - Global Forecast to 2022</p>
<p style="text-align: left;" align="justify">The global VRF system market size was valued at USD 11.08 billion in 2015 and is expected to reach USD 24.09 Billion by 2022, at a CAGR of 11.4% during the forecast period. Energy efficiency and easy installation & maintenance of VRF system is the main driving factor for the VRF systems market. The introduction of energy-efficient and environmentally friendly products in the global market is expected to contribute toward the growth of the global VRF systems market in the years to come. For instance, Daikin Industries Ltd. (Japan) launched a new product known as HFC-32 refrigerants. HFC-32 (difluoromethane) is a next-generation refrigerant that addresses a range of environmental considerations in a balanced manner. It is a non-ozone depleting substance, which is energy efficient and has a low global-warming potential (GWP). The base year considered is 2015 and the market forecast provided is between 2016 and 2022. The main objectives of this report is to define, analyze, and forecast the global market for VRF systems, segmented on the basis of component, system type , application, and geography. To provide the impact analysis of the market dynamics on factors that currently drive and restrain the growth of the market, along with their impact in the short-, medium-, and long-term.</p>
<p style="text-align: left;" align="justify">The research methodology used to estimate and forecast the VRF systems market begins with capturing data on key vendor revenues through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up approach was calculated from the geographic shipments of the VRF systems. The total number of VRF systems shipped and the ASPs were calculated to reach the global VRF system market. The top-down procedure was employed to arrive at the overall market size of the global VRF systems market from the global revenue generated from the air-conditioning market. The total number VRF system was split from the global air-conditioning market size by volume and value. After arriving at the overall market size, the total market was split into application segments and system type segments which are then verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary respondents is depicted in the below figure.</p>
<p style="text-align: left;" align="justify"><a href="
http://refcatalog.com/wp-content/uploads/2017/02/variable-refrigerant-flow-systems-market.jpg"><img class="alignnone wp-image-4039 size-full" src="
http://refcatalog.com/wp-content/uploads/2017/02/variable-refrigerant-flow-systems-market.jpg" width="600" height="277" /></a></p>
<p align="justify">The ecosystem of VRF systems includes R&D, manufacturers, system integrators, consultants, software service vendors, marketing & sales teams, and end users. The report provides the competitive landscape of key players which indicates their growth strategies in terms of the VRF systems market. The report provides the profiles of major companies in the VRF systems market. The key players are Daikin industries Ltd. (Japan) , LG Electronics (South Korea), Mitsubishi Electrical (Japan), Midea Group (China), Fujitsu General Corporation (Japan), Johnson Controls, Inc. (U.S.), Lennox International Inc. (U.S.), Toshiba Corporation (Japan), Ingersoll Rand Plc. (Ireland), and United Technologies Corporation (U.S.).</p>
<p align="justify"><strong>Target Audience:</strong></p>
<ul>
<li>Original device manufacturers (ODMs)</li>
<li>System integrators</li>
<li>Electronic hardware equipment manufacturers</li>
<li>Commercial construction site owners</li>
<li>Assembly and packaging vendors</li>
<li>Technical universities</li>
<li>Government research agencies and private research organizations</li>
<li>Research institutes and organizations</li>
<li>Market research and consulting firms</li>
</ul>
<p align="justify">“Study answers several questions for the stakeholders, primarily which market segments to focus in the next two to five years for prioritizing the efforts and investments.”</p>
<p align="justify"><strong>Scope of the Report:</strong></p>
<p align="justify">The market covered in this report has been segmented as follows:</p>
<p align="justify"><strong>VRF Systems Market, by Application:</strong></p>
<ul>
<li>Commercial</li>
<li>Residential</li>
<li>Transportation Applications (Metro & Railway stations and Airports)</li>
</ul>
<p align="justify"><strong>VRF Systems Market, by System Type</strong></p>
<ul>
<li>Heat Pump Systems</li>
<li>Heat Recovery Systems</li>
</ul>
<p align="justify"><strong>VRF Systems Market, by Component:</strong></p>
<ul>
<li>Outdoor Units</li>
<li>Indoor Units</li>
<li>Installation Services</li>
</ul>
<p align="justify"><strong>VRF Systems Market, by Geography:</strong></p>
<ul>
<li>North America</li>
<li>Europe</li>
<li>APAC</li>
<li>RoW (South America, the Middle East, & Africa)</li>
</ul>
<strong>Available Customizations:</strong>
<ul>
<li>Type of VRF systems by country data can be provided in terms of value and volume</li>
<li>Further breakdown of applications in VRF can be provided in terms of value</li>
<li>Country-wise breakup for types of VRF systems</li>
<li>Detailed analysis and profiling of the additional market players (up to five)</li>
</ul>
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