Report overview
Variable Refrigerant Flow (VRF) HVAC systems consist of outdoor units connected to multiple indoor units via refrigerant piping to provide cooling and heating to individual zones.
This report contains market size and forecasts of Hybrid Variable Refrigerant Flow (HVRF) Systems in global, including the following market information:
Global Hybrid Variable Refrigerant Flow (HVRF) Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Hybrid Variable Refrigerant Flow (HVRF) Systems Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Hybrid Variable Refrigerant Flow (HVRF) Systems companies in 2021 (%)
The global Hybrid Variable Refrigerant Flow (HVRF) Systems market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Outdoor Variable Refrigerant Flow System Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Hybrid Variable Refrigerant Flow (HVRF) Systems include Mitsubishi Electric, Daikin industries, Panasonic, Toshiba Corporation, Ingersoll Rand, LG Electronics, United Technologies Corporation, Lennox International and Samsung, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hybrid Variable Refrigerant Flow (HVRF) Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hybrid Variable Refrigerant Flow (HVRF) Systems Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Hybrid Variable Refrigerant Flow (HVRF) Systems Market Segment Percentages, by Type, 2021 (%)
Outdoor Variable Refrigerant Flow System
Indoor Variable Refrigerant Flow System
Global Hybrid Variable Refrigerant Flow (HVRF) Systems Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Hybrid Variable Refrigerant Flow (HVRF) Systems Market Segment Percentages, by Application, 2021 (%)
Commercial
Residential
Industrial
Global Hybrid Variable Refrigerant Flow (HVRF) Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Hybrid Variable Refrigerant Flow (HVRF) Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hybrid Variable Refrigerant Flow (HVRF) Systems revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Hybrid Variable Refrigerant Flow (HVRF) Systems revenues share in global market, 2021 (%)
Key companies Hybrid Variable Refrigerant Flow (HVRF) Systems sales in global market, 2017-2022 (Estimated), (Units)
Key companies Hybrid Variable Refrigerant Flow (HVRF) Systems sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Mitsubishi Electric
Daikin industries
Panasonic
Toshiba Corporation
Ingersoll Rand
LG Electronics
United Technologies Corporation
Lennox International
Samsung
Fujitsu
Johnson Controls
Midea Group
Carrier
TCL
LENNOX
Haier
VOLTAS
