

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 market for VRF System Component was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
North American market for VRF System Component was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for VRF System Component was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Europe market for VRF System Component was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global key companies of VRF System Component include Daikin, Toshiba, Mitsubishi Electric, Midea Group, Johnson Controls and LG Electronics, etc. In 2023, the global five largest players hold a share approximately % in terms of revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for VRF System Component, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of VRF System Component by region & country, by Type, and by Application.
The VRF System Component market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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.
Market Segmentation
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
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
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of VRF System Component manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of VRF System Component in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of VRF System Component in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Market Overview
1.1 VRF System Component Product Introduction
1.2 Global VRF System Component Market Size Forecast
1.2.1 Global VRF System Component Sales Value (2019-2030)
1.2.2 Global VRF System Component Sales Volume (2019-2030)
1.2.3 Global VRF System Component Sales Price (2019-2030)
1.3 VRF System Component Market Trends & Drivers
1.3.1 VRF System Component Industry Trends
1.3.2 VRF System Component Market Drivers & Opportunity
1.3.3 VRF System Component Market Challenges
1.3.4 VRF System Component Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global VRF System Component Players Revenue Ranking (2023)
2.2 Global VRF System Component Revenue by Company (2019-2024)
2.3 Global VRF System Component Players Sales Volume Ranking (2023)
2.4 Global VRF System Component Sales Volume by Company Players (2019-2024)
2.5 Global VRF System Component Average Price by Company (2019-2024)
2.6 Key Manufacturers VRF System Component Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers VRF System Component Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of VRF System Component
2.9 VRF System Component Market Competitive Analysis
2.9.1 VRF System Component Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by VRF System Component Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in VRF System Component as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Outdoor Units
3.1.2 Indoor Units
3.1.3 Control Systems and Accessories
3.2 Global VRF System Component Sales Value by Type
3.2.1 Global VRF System Component Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global VRF System Component Sales Value, by Type (2019-2030)
3.2.3 Global VRF System Component Sales Value, by Type (%) (2019-2030)
3.3 Global VRF System Component Sales Volume by Type
3.3.1 Global VRF System Component Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global VRF System Component Sales Volume, by Type (2019-2030)
3.3.3 Global VRF System Component Sales Volume, by Type (%) (2019-2030)
3.4 Global VRF System Component Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Commercial
4.1.2 Residential
4.1.3 Others
4.2 Global VRF System Component Sales Value by Application
4.2.1 Global VRF System Component Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global VRF System Component Sales Value, by Application (2019-2030)
4.2.3 Global VRF System Component Sales Value, by Application (%) (2019-2030)
4.3 Global VRF System Component Sales Volume by Application
4.3.1 Global VRF System Component Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global VRF System Component Sales Volume, by Application (2019-2030)
4.3.3 Global VRF System Component Sales Volume, by Application (%) (2019-2030)
4.4 Global VRF System Component Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global VRF System Component Sales Value by Region
5.1.1 Global VRF System Component Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global VRF System Component Sales Value by Region (2019-2024)
5.1.3 Global VRF System Component Sales Value by Region (2025-2030)
5.1.4 Global VRF System Component Sales Value by Region (%), (2019-2030)
5.2 Global VRF System Component Sales Volume by Region
5.2.1 Global VRF System Component Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global VRF System Component Sales Volume by Region (2019-2024)
5.2.3 Global VRF System Component Sales Volume by Region (2025-2030)
5.2.4 Global VRF System Component Sales Volume by Region (%), (2019-2030)
5.3 Global VRF System Component Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America VRF System Component Sales Value, 2019-2030
5.4.2 North America VRF System Component Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe VRF System Component Sales Value, 2019-2030
5.5.2 Europe VRF System Component Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific VRF System Component Sales Value, 2019-2030
5.6.2 Asia Pacific VRF System Component Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America VRF System Component Sales Value, 2019-2030
5.7.2 South America VRF System Component Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa VRF System Component Sales Value, 2019-2030
5.8.2 Middle East & Africa VRF System Component Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions VRF System Component Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions VRF System Component Sales Value
6.2.1 Key Countries/Regions VRF System Component Sales Value, 2019-2030
6.2.2 Key Countries/Regions VRF System Component Sales Volume, 2019-2030
6.3 United States
6.3.1 United States VRF System Component Sales Value, 2019-2030
6.3.2 United States VRF System Component Sales Value by Type (%), 2023 VS 2030
6.3.3 United States VRF System Component Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe VRF System Component Sales Value, 2019-2030
6.4.2 Europe VRF System Component Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe VRF System Component Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China VRF System Component Sales Value, 2019-2030
6.5.2 China VRF System Component Sales Value by Type (%), 2023 VS 2030
6.5.3 China VRF System Component Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan VRF System Component Sales Value, 2019-2030
6.6.2 Japan VRF System Component Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan VRF System Component Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea VRF System Component Sales Value, 2019-2030
6.7.2 South Korea VRF System Component Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea VRF System Component Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia VRF System Component Sales Value, 2019-2030
6.8.2 Southeast Asia VRF System Component Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia VRF System Component Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India VRF System Component Sales Value, 2019-2030
6.9.2 India VRF System Component Sales Value by Type (%), 2023 VS 2030
6.9.3 India VRF System Component Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Daikin
7.1.1 Daikin Company Information
7.1.2 Daikin Introduction and Business Overview
7.1.3 Daikin VRF System Component Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Daikin VRF System Component Product Offerings
7.1.5 Daikin Recent Development
7.2 Toshiba
7.2.1 Toshiba Company Information
7.2.2 Toshiba Introduction and Business Overview
7.2.3 Toshiba VRF System Component Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Toshiba VRF System Component Product Offerings
7.2.5 Toshiba Recent Development
7.3 Mitsubishi Electric
7.3.1 Mitsubishi Electric Company Information
7.3.2 Mitsubishi Electric Introduction and Business Overview
7.3.3 Mitsubishi Electric VRF System Component Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Mitsubishi Electric VRF System Component Product Offerings
7.3.5 Mitsubishi Electric Recent Development
7.4 Midea Group
7.4.1 Midea Group Company Information
7.4.2 Midea Group Introduction and Business Overview
7.4.3 Midea Group VRF System Component Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Midea Group VRF System Component Product Offerings
7.4.5 Midea Group Recent Development
7.5 Johnson Controls
7.5.1 Johnson Controls Company Information
7.5.2 Johnson Controls Introduction and Business Overview
7.5.3 Johnson Controls VRF System Component Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Johnson Controls VRF System Component Product Offerings
7.5.5 Johnson Controls Recent Development
7.6 LG Electronics
7.6.1 LG Electronics Company Information
7.6.2 LG Electronics Introduction and Business Overview
7.6.3 LG Electronics VRF System Component Sales, Revenue and Gross Margin (2019-2024)
7.6.4 LG Electronics VRF System Component Product Offerings
7.6.5 LG Electronics Recent Development
8 Industry Chain Analysis
8.1 VRF System Component Industrial Chain
8.2 VRF System Component Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 VRF System Component Sales Model
8.5.2 Sales Channel
8.5.3 VRF System Component Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Daikin
Toshiba
Mitsubishi Electric
Midea Group
Johnson Controls
LG Electronics
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*If Applicable.