
U.S. Variable Refrigerant Flow (VRF) Systems Market
Description
U.S. Variable Refrigerant Flow (VRF) Systems Market
U.S. Variable Refrigerant Flow (VRF) systems market is expected to reach USD 20.38 billion by 2031 from USD 12.80 billion in 2023, growing with a CAGR of 6.3% in the forecast period of 2024 to 2031.
U.S. Variable Refrigerant Flow (VRF) Systems Market, By Components (Outdoor Units, Indoor Units, Control Systems, and Accessories), Capacity (Upto 10 Tons, 11 to 18 Tons, 19 to 26 Tons, and Above 26 Tons) System Type (Heat Pump Systems and Heat Recovery Systems), Application (Commercial, Residential, and Others), Country (U.S.) - Industry Trends and Forecast to 2031
Overview of U.S. Variable Refrigerant Flow (VRF) Systems Market Dynamics:
Driver
• Growing focus on energy-efficiency VRF systems
Restraint
• High installation and setup costs for VRF systems
Opportunity
• Retrofitting of existing buildings with VRF system
Market Players:
The key market players operating in the U.S. Variable Refrigerant Flow (VRF) systems market are listed below:
• DAIKIN INDUSTRIES, Ltd
• Mitsubishi Electric Corporation
• Midea
• Johnson Controls
• LG Electronics.
• FUJITSU GENERAL
• Ingersoll-Rand plc
• Lennox International Inc.
• Panasonic Corporation
• Samsung HVAC
Table of Contents
88 Pages
- 1 Introduction
- 1.1 Objectives Of The Study
- 1.2 Market Definition
- 1.3 Overview Of The U.S. Variable Refrigerant Flow (Vrf) Systems Market
- 1.4 Currency And Pricing
- 1.5 Limitations
- 1.6 Markets Covered
- 2 Market Segmentation
- 2.1 Markets Covered
- 2.2 Geographical Scope
- 2.3 Years Considered For The Study
- 2.4 Dbmr Tripod Data Validation Model
- 2.5 Primary Interviews With Key Opinion Leaders
- 2.6 Dbmr Market Position Grid
- 2.7 Market Application Coverage Grid
- 2.8 Multivariate Modeling
- 2.9 Components Timeline Curve
- 2.10 Secondary Sources
- 2.11 Assumptions
- 3 Executive Summary
- 4 Premium Insights
- 5 Market Overview
- 5.1 Drivers
- 5.1.1 Growing Focus On Energy-efficient Vrf Systems
- 5.1.2 Increasing Adoption Of Smart Buildings/Iot-based Vrf Systems
- 5.1.3 Growing Urbanization And Infrastructure Development Fuels The Vrf System Adoption
- 5.1.4 Stringent Environmental Regulations Encourage Adoption Of Eco-friendly Vrf Systems
- 5.2 Restraints
- 5.2.1 High Installation And Setup Costs For Vrf Systems
- 5.2.2 Requirement For Skilled Workforce For Complex Maintenance Of Vrf Systems
- 5.3 Opportunities
- 5.3.1 Retrofitting Of Existing Buildings With Vrf System
- 5.3.2 Increasing Partnership And Acquisition Among Market Players
- 5.3.3 Development Of Sustainable Hvac Solutions
- 5.4 Challenges
- 5.4.1 Leakage In Refrigerant Causes Concern For Harmful Environmental Impacts
- 5.4.2 Installation Complexity Of Vrf System
- 6 U.S. Variable Refrigerant Flow (Vrf) Systems Market, By Components
- 6.1 Overview
- 6.2 Outdoor Units
- 6.3 Indoor
- 6.4 Control Systems
- 6.5 Accessories
- 7 U.S. Variable Refrigerant Flow (Vrf) Systems Market, By Capacity
- 7.1 Overview
- 7.2 Upto 10 Tons
- 7.3 11 To 18 Tons
- 7.4 19 To 26 Tons
- 7.5 Above 26 Tons
- 8 U.S. Variable Refrigerant Flow (Vrf) Systems Market, By Systems Type
- 8.1 Overview
- 8.2 Heat Pump Systems
- 8.3 Heat Recovery Systems
- 9 U.S. Variable Refrigerant Flow (Vrf) Systems Market, By Application
- 9.1 Overview
- 9.2 Commercial Segment
- 9.3 Residential
- 9.4 Others
- 10 U.S. Variable Refrigerant Flow (Vrf) Systems Market, Company Landscape
- 10.1 Company Share Analysis: U.S.
- 11 Swot Analysis
- 12 Company Profile
- 12.1 Samsung Hvac, Llc (A Subsidiary Of Samsung Electronics)
- 12.1.1 Company Snapshot
- 12.1.2 Revenue Analysis
- 12.1.3 Product Portfolio
- 12.1.4 Recent Developments
- 12.2 Daikin Industries, Ltd.
- 12.2.1 Company Snapshot
- 12.2.2 Revenue Analysis
- 12.2.3 Product Portfolio
- 12.2.4 Recent Developments
- 12.3 Panasonic Holdings Corporation
- 12.3.1 Company Snapshot
- 12.3.2 Revenue Analysis
- 12.3.3 Product Portfolio
- 12.3.4 Recent Developments
- 12.4 Mitsubishi Electric Corporation
- 12.4.1 Company Snapshot
- 12.4.2 Revenue Analysis
- 12.4.3 Product Portfolio
- 12.4.4 Recent Developments
- 12.5 Lg Electronics
- 12.5.1 Company Snapshot
- 12.5.2 Revenue Analysis
- 12.5.3 Product Portfolio
- 12.5.4 Recent Developments
- 12.6 Fujitsu General
- 12.6.1 Company Snapshot
- 12.6.2 Revenue Analysis
- 12.6.3 Product Portfolio
- 12.6.4 Recent Developments
- 12.7 Ingersoll Rand
- 12.7.1 Company Snapshot
- 12.7.2 Revenue Analysis
- 12.7.3 Product Portfolio
- 12.7.4 Recent Developments
- 12.8 Johnson Controls Inc.
- 12.8.1 Company Snapshot
- 12.8.2 Revenue Analysis
- 12.8.3 Product Portfolio
- 12.8.4 Recent Developments
- 12.9 Lennox International Inc
- 12.9.1 Company Snapshot
- 12.9.2 Revenue Analysis
- 12.9.3 Product Portfolio
- 12.9.4 Recent Developments
- 12.10 Midea
- 12.10.1 Company Snapshot
- 12.10.2 Revenue Analysis
- 12.10.3 Product Portfolio
- 12.10.4 Recent Developments
- 13 Questionnaire
- 14 Related Reports
- Table 1 Trigger Leak Rates Applicable For 2023
- Table 2 U.S. Variable Refrigerant Flow (Vrf) Systems Market, By Components, 2022-2031 (Usd Million)
- Table 3 U.S. Variable Refrigerant Flow (Vrf) Systems Market, By Capacity, 2022-2031 (Usd Million)
- Table 4 U.S. Variable Refrigerant Flow (Vrf) Systems Market, By System Type, 2022-2031 (Usd Million)
- Table 5 U.S. Variable Refrigerant Flow (Vrf) Systems Market, By Application, 2022-2031 (Usd Million)
- Figure 1 U.S. Variable Refrigerant Flow (Vrf) Systems Market: Segmentation
- Figure 2 U.S. Variable Refrigerant Flow (Vrf) Systems Market: Data Triangulation
- Figure 3 U.S. Variable Refrigerant Flow (Vrf) Systems Market: Droc Analysis
- Figure 4 U.S. Variable Refrigerant Flow (Vrf) Systems Market: Countrywise Market Analysis
- Figure 5 U.S. Variable Refrigerant Flow (Vrf) Systems Market: Company Research Analysis
- Figure 6 U.S. Variable Refrigerant Flow (Vrf) Systems Market: Interview Demographics
- Figure 7 U.S. Variable Refrigerant Flow (Vrf) Systems Market: Dbmr Market Position Grid
- Figure 8 U.S. Variable Refrigerant Flow (Vrf) Systems Market: Application Coverage Grid
- Figure 9 U.S. Variable Refrigerant Flow (Vrf) Systems Market: Multivariate Modeling
- Figure 10 U.S. Variable Refrigerant Flow (Vrf) Systems Market: Components Timeline Curve
- Figure 11 U.S. Variable Refrigerant Flow (Vrf) Systems Market: Segmentation
- Figure 12 Growing Focus On Energy Efficient Vrf Systems Is Expected To Drive The U.S. Variable Refrigerant Flow (Vrf) Systems Market In The Forecast Period Of 2024 To 2031
- Figure 13 Component Segment Is Expected To Account For The Largest Share Of The U.S. Variable Refrigerant Flow (Vrf) Systems Market In 2024 & 2031
- Figure 14 Drivers, Restraints, Opportunities, And Challenges Of The U.S. Variable Refrigerant Flow (Vrf) Systems Market
- Figure 15 State And Local Governments Responsible For Most U.S. Infrastructure Spending
- Figure 16 U.S. Variable Refrigerant Flow (Vrf) Systems Market: By Components, 2023
- Figure 17 U.S. Variable Refrigerant Flow (Vrf) Systems Market: By Capacity, 2023
- Figure 18 U.S. Variable Refrigerant Flow (Vrf) Systems Market: By System Type, 2023
- Figure 19 U.S. Variable Refrigerant Flow (Vrf) Systems Market: By Application, 2023
- Figure 20 U.S. Variable Refrigerant Flow (Vrf) Systems Market: Company Share 2023 (%)
Pricing
Currency Rates
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