

VRF systems include three major components, a compressor with outdoor coil and multiple indoor fan coil units. The outdoor unit houses the compressor which acts as a pump pushing refrigerant through piping to the indoor coils and back.
The global VRF System Component market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for VRF System Component is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for VRF System Component is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of VRF System Component include Daikin, Toshiba, Mitsubishi Electric, Midea Group, Johnson Controls and LG Electronics, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for VRF System Component, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding VRF System Component.
The VRF System Component market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global VRF System Component market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the VRF System Component manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
Daikin
Toshiba
Mitsubishi Electric
Midea Group
Johnson Controls
LG Electronics
Segment by Type
Outdoor Units
Indoor Units
Control Systems and Accessories
Segment by Application
Commercial
Residential
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by type, by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of VRF System Component manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of VRF System Component by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of VRF System Component in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 VRF System Component Market Overview
1.1 Product Definition
1.2 VRF System Component Segment by Type
1.2.1 Global VRF System Component Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Outdoor Units
1.2.3 Indoor Units
1.2.4 Control Systems and Accessories
1.3 VRF System Component Segment by Application
1.3.1 Global VRF System Component Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Commercial
1.3.3 Residential
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global VRF System Component Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global VRF System Component Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global VRF System Component Production Estimates and Forecasts (2018-2029)
1.4.4 Global VRF System Component Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global VRF System Component Production Market Share by Manufacturers (2018-2023)
2.2 Global VRF System Component Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of VRF System Component, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global VRF System Component Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global VRF System Component Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of VRF System Component, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of VRF System Component, Product Offered and Application
2.8 Global Key Manufacturers of VRF System Component, Date of Enter into This Industry
2.9 VRF System Component Market Competitive Situation and Trends
2.9.1 VRF System Component Market Concentration Rate
2.9.2 Global 5 and 10 Largest VRF System Component Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 VRF System Component Production by Region
3.1 Global VRF System Component Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global VRF System Component Production Value by Region (2018-2029)
3.2.1 Global VRF System Component Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of VRF System Component by Region (2024-2029)
3.3 Global VRF System Component Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global VRF System Component Production by Region (2018-2029)
3.4.1 Global VRF System Component Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of VRF System Component by Region (2024-2029)
3.5 Global VRF System Component Market Price Analysis by Region (2018-2023)
3.6 Global VRF System Component Production and Value, Year-over-Year Growth
3.6.1 North America VRF System Component Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe VRF System Component Production Value Estimates and Forecasts (2018-2029)
3.6.3 China VRF System Component Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan VRF System Component Production Value Estimates and Forecasts (2018-2029)
4 VRF System Component Consumption by Region
4.1 Global VRF System Component Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global VRF System Component Consumption by Region (2018-2029)
4.2.1 Global VRF System Component Consumption by Region (2018-2023)
4.2.2 Global VRF System Component Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America VRF System Component Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America VRF System Component Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe VRF System Component Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe VRF System Component Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific VRF System Component Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific VRF System Component Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa VRF System Component Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa VRF System Component Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global VRF System Component Production by Type (2018-2029)
5.1.1 Global VRF System Component Production by Type (2018-2023)
5.1.2 Global VRF System Component Production by Type (2024-2029)
5.1.3 Global VRF System Component Production Market Share by Type (2018-2029)
5.2 Global VRF System Component Production Value by Type (2018-2029)
5.2.1 Global VRF System Component Production Value by Type (2018-2023)
5.2.2 Global VRF System Component Production Value by Type (2024-2029)
5.2.3 Global VRF System Component Production Value Market Share by Type (2018-2029)
5.3 Global VRF System Component Price by Type (2018-2029)
6 Segment by Application
6.1 Global VRF System Component Production by Application (2018-2029)
6.1.1 Global VRF System Component Production by Application (2018-2023)
6.1.2 Global VRF System Component Production by Application (2024-2029)
6.1.3 Global VRF System Component Production Market Share by Application (2018-2029)
6.2 Global VRF System Component Production Value by Application (2018-2029)
6.2.1 Global VRF System Component Production Value by Application (2018-2023)
6.2.2 Global VRF System Component Production Value by Application (2024-2029)
6.2.3 Global VRF System Component Production Value Market Share by Application (2018-2029)
6.3 Global VRF System Component Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Daikin
7.1.1 Daikin VRF System Component Corporation Information
7.1.2 Daikin VRF System Component Product Portfolio
7.1.3 Daikin VRF System Component Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Daikin Main Business and Markets Served
7.1.5 Daikin Recent Developments/Updates
7.2 Toshiba
7.2.1 Toshiba VRF System Component Corporation Information
7.2.2 Toshiba VRF System Component Product Portfolio
7.2.3 Toshiba VRF System Component Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Toshiba Main Business and Markets Served
7.2.5 Toshiba Recent Developments/Updates
7.3 Mitsubishi Electric
7.3.1 Mitsubishi Electric VRF System Component Corporation Information
7.3.2 Mitsubishi Electric VRF System Component Product Portfolio
7.3.3 Mitsubishi Electric VRF System Component Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Mitsubishi Electric Main Business and Markets Served
7.3.5 Mitsubishi Electric Recent Developments/Updates
7.4 Midea Group
7.4.1 Midea Group VRF System Component Corporation Information
7.4.2 Midea Group VRF System Component Product Portfolio
7.4.3 Midea Group VRF System Component Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Midea Group Main Business and Markets Served
7.4.5 Midea Group Recent Developments/Updates
7.5 Johnson Controls
7.5.1 Johnson Controls VRF System Component Corporation Information
7.5.2 Johnson Controls VRF System Component Product Portfolio
7.5.3 Johnson Controls VRF System Component Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Johnson Controls Main Business and Markets Served
7.5.5 Johnson Controls Recent Developments/Updates
7.6 LG Electronics
7.6.1 LG Electronics VRF System Component Corporation Information
7.6.2 LG Electronics VRF System Component Product Portfolio
7.6.3 LG Electronics VRF System Component Production, Value, Price and Gross Margin (2018-2023)
7.6.4 LG Electronics Main Business and Markets Served
7.6.5 LG Electronics Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 VRF System Component Industry Chain Analysis
8.2 VRF System Component Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 VRF System Component Production Mode & Process
8.4 VRF System Component Sales and Marketing
8.4.1 VRF System Component Sales Channels
8.4.2 VRF System Component Distributors
8.5 VRF System Component Customers
9 VRF System Component Market Dynamics
9.1 VRF System Component Industry Trends
9.2 VRF System Component Market Drivers
9.3 VRF System Component Market Challenges
9.4 VRF System Component Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Daikin
Toshiba
Mitsubishi Electric
Midea Group
Johnson Controls
LG Electronics
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*If Applicable.