Variable Refrigerant Flow Systems Market

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Variable Refrigerant Flow Systems Market

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2 Global Variable Refrigerant Flow Systems Market © PS Intelligence. All rights reserved The global variable refrigerant flow systems market valued at 11400.7 million in 2017 is projected to witness a CAGR of 13.4 during the forecast period 2018–2023. With expanding construction industry government initiatives toward easing FDI norms in real estate and growing demand for energy-efficient heating ventilation and air conditioning HVAC systems the VRF systems market is growing. VRF is a type of air-conditioning system that consists of two major components: an outdoor unit and an indoor unit. Unlike conventional systems that cut off heating or cooling with the change in room temperature VRF HVAC systems continuously maintain the supply of warm or cool air without causing fluctuations in room temperature. The system allows heating and cooling at the same time for different zones which means that the compressor doesn’t have to run continuously and can be operated at lower capacity hence delivering higher energy efficiency. Thus it can be said that the energy-saving properties of such equipment are driving the growth of the variable refrigerant flow systems market. Furthermore VRF systems are designed to acquire heat while cooling and use it in areas that need heating. Hence with an adjustable-speed compressor and compatibility at partial-load conditions these units witness less wear and tear and fewer breakdowns that result in increased life. Therefore VRF systems are in high demand in spaces where simultaneous heating and cooling are required. Thus the vrf systems market is being driven by the reduced efficiency loss and energy-saving capabilities of such units. Therefore due to the numerous benefits associated with energy-efficient HVAC systems the sector is projected to grow. Global VRF Systems Market Segmentation Market Segmentation by Component • Outdoor Units • Indoor Units • Control Systems and Accessories Market Segmentation by Compressor Unit • Air-Cooled Unit • Water-Cooled Unit Market Segmentation by System Type

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3 Global Variable Refrigerant Flow Systems Market © PS Intelligence. All rights reserved • Heat Pump Systems o Air-Source o Ground-Source o Absorption • Heat Recovery Systems

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4 Global Variable Refrigerant Flow Systems Market © PS Intelligence. All rights reserved Kindly write to: B-13 Sector – 2 Noida U.P. – 201301 INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 Disclaimer: PS Intelligence always keeps customers interest at the core while carrying out research activities. PS Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However the information in publications is subject to fluctuations as they are based on primary interviews of officials from various companies or organizations. PS Intelligence is not responsible for any incorrect data provided to us by the key industry players of the concerned domain. The information or analysis in PS Intelligence publications represents opinion based on research and should not be interpreted as statements of fact. The information in this report were believed to be correct at the time of publication but cannot be guaranteed. PS Intelligence does not endorse any product service or vendor depicted in its research publications. All intellectual property including trademarks and copyrights belong to their respective owners and may be protected by copyright. Under no circumstance may these be reproduced in any form without the prior written agreement of its owner. An order for market research report is intended for internal use of the company alone and not for disclosure to third parties or any publication in general. No service report or part thereof provided by PS Intelligence can be reproduced republished resold revealed distributed circulated or sublicensed in any medium or form now realized or hereafter become realized including and not limited to all forms of optical-based media magnetic electronic or digital without a written permission from PS Intelligence.

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