Sep 2, 2019   SOURCE: BusinessWire

Global Variable Refrigerant Flow (VRF) System Market 2019-2023 - There is a Rising Number of Partnerships & Joint Ventures - ResearchAndMarkets.com

The "Variable Refrigerant Flow System Market by End-Users and Geography - Global Forecast and Analysis 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The variable refrigerant flow (VRF) system market analysis considers sales from commercial, residential, and others. The analysis also considers the sales of variable refrigerant flow system in APAC, Europe, North America, South America, and MEA.

In 2018, the commercial segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing application of VRF solutions will play a significant role in the commercial segment to maintain its market position.

Also, the global variable refrigerant flow system market report looks at factors such as the growing construction industry, rising demand for energy-efficient equipment, and favorable regulations. However, high installation cost, complexities in installation of VRF systems, and stringent regulations may hamper the growth of the variable refrigerant flow system industry over the forecast period.

Rising demand for energy-efficient equipment

VRF systems are highly energy-efficient and can help residential and commercial buildings in saving energy compared with traditional air conditioning equipment. The high energy performance of the equipment and its ability to save labor and operational costs will increase sales for vendors. This demand for energy-efficient equipment will lead to the expansion of the global variable refrigerant flow system market at a CAGR of over 10% during the forecast period.

New product launches

Manufacturers of VRF systems are adopting innovative and distributive strategies to increase the market size of their products. New product launches by regional and international players contribute and accelerate the growth of vendors operating in the global variable refrigerant flow system market by increasing their revenue flow and expanding their consumer base. Thus, successful product launches are expected to have a positive impact on the overall market growth.

Competitive Landscape

With the presence of several major players, the global variable refrigerant flow system market is fragmented. The robust vendor analysis is designed to help clients improve their market position. This report provides a detailed analysis of several leading variable refrigerant flow system manufacturers, that include:

  • Daikin Industries Ltd.
  • Ingersoll-Rand PLC
  • Johnson Controls International PLC
  • Lennox International Inc.
  • LG Electronics Inc.
  • Midea Group Co. Ltd.
  • Mitsubishi Electric Corp.
  • Panasonic Corp.
  • Samsung Electronics Co. Ltd.
  • Toshiba Corp.

Also, the variable refrigerant flow system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY END-USER

  • Comparison by end-user
  • Commercial - Market size and forecast 2018-2023
  • Residential - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DRIVERS AND CHALLENGES

PART 10: MARKET TRENDS

  • Rising number of partnerships and joint ventures
  • New product launches
  • New production facilities

PART 11: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 12: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Daikin Industries Ltd.
  • Ingersoll-Rand PLC
  • Johnson Controls International PLC
  • Lennox International Inc.
  • LG Electronics Inc.
  • Midea Group Co. Ltd.
  • Mitsubishi Electric Corp.
  • Panasonic Corp.
  • Samsung Electronics Co. Ltd.
  • Toshiba Corp.

For more information about this report visit https://www.researchandmarkets.com/r/23i8eb