LAMEA Variable Refrigerant Flow (VRF) Systems Market Size

LAMEA Variable Refrigerant Flow (VRF) Systems Market Size

LAMEA Variable Refrigerant Flow (VRF) Systems Market By Type (Heat Pump Systems and Heat Recovery Systems) By Component (Outdoor Units, Indoor Units and Control Systems & Accessories) By End User (Commercial, Residential and Others) By Country, Industry Analysis and Forecast, 2020 - 2026

Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support

Published Date : June-2020 | Number of Pages : 121 | Format : PDF

COVID-19

Get in-depth analysis of the COVID-19 impact on the LAMEA Variable Refrigerant Flow (VRF) Systems Market

The Latin America, Middle East and Africa Variable Refrigerant Flow (VRF) Systems Market would witness market growth of 18.3% CAGR during the forecast period (2020-2026). The demand for VRF systems is expected to grow mainly due to a revival of construction activities and an increased emphasis on the implementation of energy-efficient technologies and products. Increased adoption of inverter-based compressors for outdoor units and the ability of outdoor units to attach multiple indoor units are expected to drive growth for outdoor units over the coming years. The growing adoption of wireless control systems for indoor monitoring devices is expected to drive the growth of the demand for control systems and accessories during the forecast period.

A VRF system's main heating and cooling plant is typically an air source or a heat pump with water source. In some Midwestern applications ground source or "geothermal" heat pump systems have proven efficient. The outdoor unit 's purpose is to exchange heat with the outdoor environment, either by expelling heat (when refrigerating) or by absorbing heat (when heating). Heat is exchanged with the outside atmosphere using a heat exchanger filled with R-410a refrigerant, which is then pumped to one of several indoor systems in the house. Variable speed compressors are used to allow for the use of lower compressor speeds during part-load conditions.

Based on Type, the market is segmented into Heat Pump Systems and Heat Recovery Systems. Based on Component, the market is segmented into Outdoor Units, Indoor Units and Control Systems & Accessories. Based on End User, the market is segmented into Commercial, Residential and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: Variable Refrigerant Flow (VRF) Systems Market in LAMEA is expected to register a CAGR of 18.3% during the forecast period (2020-2026)

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include LG Electronics, Inc. (LG Corporation), Daikin Industries, Ltd., Toshiba Corporation, Mitsubishi Electric Corporation, Fujitsu Limited, Trane Technologies PLC, Lennox International, Inc., Panasonic Corporation, Samsung Electronics Co., Ltd. (Samsung Group), and Johnson Controls International PLC.

Scope of the LAMEA Variable Refrigerant Flow (VRF) Systems Market Analysis

Market Segmentation:

By Type

  • Heat Pump Systems
  • Heat Recovery Systems

By Component

  • Outdoor Units
  • Indoor Units
  • Control Systems & Accessories

By End-User

  • Commercial
  • Residential
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

  • LG Electronics, Inc. (LG Corporation)
  • Daikin Industries, Ltd.
  • Toshiba Corporation
  • Mitsubishi Electric Corporation
  • Fujitsu Limited
  • Trane Technologies PLC
  • Lennox International, Inc.
  • Panasonic Corporation
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • Johnson Controls International PLC

Unique Offerings from KBV Research

  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Variable Refrigerant Flow (VRF) Systems Market Related Reports:

Global Market

North America Market

Europe Market

Asia Pacific Market


Purchase Report

 1500
 1800
 2520

Special Pricing & Discounts

  • Buy Sections of This Report
  • Buy Country Level Reports
  • Request for Historical Data
  • Discounts Available for Start-Ups & Universities