The global market for VRF System was valued at US$ 24870 million in the year 2024 and is projected to reach a revised size of US$ 51470 million by 2031, growing at a CAGR of 11.1% during the forecast period.

VRF System Market

Variable refrigerant flow (VRF), also known as variable refrigerant volume (VRV), is an HVAC technology invented by Daikin Industries, Ltd. in 1982.[1] Like ductless minisplits, VRFs use refrigerant as the cooling and heating medium. This refrigerant is conditioned by a single outdoor condensing unit, and is circulated within the building to multiple indoor units.

Growth is attributed to technological advancements in VRF systems and the increasing adoption of VRF technology for residential and commercial applications in North America.

Report Scope

This report aims to provide a comprehensive presentation of the global market for VRF System, 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.

The VRF System market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global VRF System 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 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.

Market Segmentation

Scope of VRF System Market Report

Report Metric	Details
Report Name	VRF System Market
Accounted market size in year	US$ 24870 million
Forecasted market size in 2031	US$ 51470 million
CAGR	11.1%
Base Year	year
Forecasted years	2025 - 2031
by Type	Outdoor Units Indoor Units Control Systems and Accessories
by Application	Commercial Residential Others (Metro Stations, Railway Stations, and Airports)
Production by Region	North America Europe China Japan
Consumption by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Asia-Pacific (China, Japan, South Korea, Taiwan) Southeast Asia (India) Latin America (Mexico, Brazil)
By Company	Johnson, LG Electronics, Toshiba, Fujitsu group, Mitsubishi Electric, Midea Group, Ingersoll Rand, Lennox International, Panasonic, Samsung Electronics, Gree, Carrier
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

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 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 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 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 main 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.

FAQ for this report

How fast is VRF System Market growing?

Ans: The VRF System Market witnessing a CAGR of 11.1% during the forecast period 2025-2031.

What is the VRF System Market size in 2031?

Ans: The VRF System Market size in 2031 will be US$ 51470 million.

Who are the main players in the VRF System Market report?

Ans: The main players in the VRF System Market are Johnson, LG Electronics, Toshiba, Fujitsu group, Mitsubishi Electric, Midea Group, Ingersoll Rand, Lennox International, Panasonic, Samsung Electronics, Gree, Carrier

What are the Application segmentation covered in the VRF System Market report?

Ans: The Applications covered in the VRF System Market report are Commercial, Residential, Others (Metro Stations, Railway Stations, and Airports)

What are the Type segmentation covered in the VRF System Market report?

Ans: The Types covered in the VRF System Market report are Outdoor Units, Indoor Units, Control Systems and Accessories

1 VRF System Market Overview

1.1 Product Definition

1.2 VRF System by Type

1.2.1 Global VRF System Market Value Growth Rate Analysis by Type: 2024 VS 2031

1.2.2 Outdoor Units

1.2.3 Indoor Units

1.2.4 Control Systems and Accessories

1.3 VRF System by Application

1.3.1 Global VRF System Market Value Growth Rate Analysis by Application: 2024 VS 2031

1.3.2 Commercial

1.3.3 Residential

1.3.4 Others (Metro Stations, Railway Stations, and Airports)

1.4 Global Market Growth Prospects

1.4.1 Global VRF System Production Value Estimates and Forecasts (2020-2031)

1.4.2 Global VRF System Production Capacity Estimates and Forecasts (2020-2031)

1.4.3 Global VRF System Production Estimates and Forecasts (2020-2031)

1.4.4 Global VRF System Market Average Price Estimates and Forecasts (2020-2031)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global VRF System Production Market Share by Manufacturers (2020-2025)

2.2 Global VRF System Production Value Market Share by Manufacturers (2020-2025)

2.3 Global Key Players of VRF System, Industry Ranking, 2023 VS 2024

2.4 Global VRF System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

2.5 Global VRF System Average Price by Manufacturers (2020-2025)

2.6 Global Key Manufacturers of VRF System, Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of VRF System, Product Offered and Application

2.8 Global Key Manufacturers of VRF System, Date of Enter into This Industry

2.9 VRF System Market Competitive Situation and Trends

2.9.1 VRF System Market Concentration Rate

2.9.2 Global 5 and 10 Largest VRF System Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 VRF System Production by Region

3.1 Global VRF System Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.2 Global VRF System Production Value by Region (2020-2031)

3.2.1 Global VRF System Production Value by Region (2020-2025)

3.2.2 Global Forecasted Production Value of VRF System by Region (2026-2031)

3.3 Global VRF System Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.4 Global VRF System Production Volume by Region (2020-2031)

3.4.1 Global VRF System Production by Region (2020-2025)

3.4.2 Global Forecasted Production of VRF System by Region (2026-2031)

3.5 Global VRF System Market Price Analysis by Region (2020-2025)

3.6 Global VRF System Production and Value, Year-over-Year Growth

3.6.1 North America VRF System Production Value Estimates and Forecasts (2020-2031)

3.6.2 Europe VRF System Production Value Estimates and Forecasts (2020-2031)

3.6.3 China VRF System Production Value Estimates and Forecasts (2020-2031)

3.6.4 Japan VRF System Production Value Estimates and Forecasts (2020-2031)

4 VRF System Consumption by Region

4.1 Global VRF System Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

4.2 Global VRF System Consumption by Region (2020-2031)

4.2.1 Global VRF System Consumption by Region (2020-2025)

4.2.2 Global VRF System Forecasted Consumption by Region (2026-2031)

4.3 North America

4.3.1 North America VRF System Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.3.2 North America VRF System Consumption by Country (2020-2031)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe VRF System Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.4.2 Europe VRF System Consumption by Country (2020-2031)

4.4.3 Germany

4.4.4 France

4.4.5 U.K.

4.4.6 Italy

4.4.7 Netherlands

4.5 Asia Pacific

4.5.1 Asia Pacific VRF System Consumption Growth Rate by Region: 2020 VS 2024 VS 2031

4.5.2 Asia Pacific VRF System Consumption by Region (2020-2031)

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 Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.6.2 Latin America, Middle East & Africa VRF System Consumption by Country (2020-2031)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

4.6.6 GCC Countries

5 Segment by Type

5.1 Global VRF System Production by Type (2020-2031)

5.1.1 Global VRF System Production by Type (2020-2025)

5.1.2 Global VRF System Production by Type (2026-2031)

5.1.3 Global VRF System Production Market Share by Type (2020-2031)

5.2 Global VRF System Production Value by Type (2020-2031)

5.2.1 Global VRF System Production Value by Type (2020-2025)

5.2.2 Global VRF System Production Value by Type (2026-2031)

5.2.3 Global VRF System Production Value Market Share by Type (2020-2031)

5.3 Global VRF System Price by Type (2020-2031)

6 Segment by Application

6.1 Global VRF System Production by Application (2020-2031)

6.1.1 Global VRF System Production by Application (2020-2025)

6.1.2 Global VRF System Production by Application (2026-2031)

6.1.3 Global VRF System Production Market Share by Application (2020-2031)

6.2 Global VRF System Production Value by Application (2020-2031)

6.2.1 Global VRF System Production Value by Application (2020-2025)

6.2.2 Global VRF System Production Value by Application (2026-2031)

6.2.3 Global VRF System Production Value Market Share by Application (2020-2031)

6.3 Global VRF System Price by Application (2020-2031)

7 Key Companies Profiled

7.1 Johnson

7.1.1 Johnson VRF System Company Information

7.1.2 Johnson VRF System Product Portfolio

7.1.3 Johnson VRF System Production, Value, Price and Gross Margin (2020-2025)

7.1.4 Johnson Main Business and Markets Served

7.1.5 Johnson Recent Developments/Updates

7.2 LG Electronics

7.2.1 LG Electronics VRF System Company Information

7.2.2 LG Electronics VRF System Product Portfolio

7.2.3 LG Electronics VRF System Production, Value, Price and Gross Margin (2020-2025)

7.2.4 LG Electronics Main Business and Markets Served

7.2.5 LG Electronics Recent Developments/Updates

7.3 Toshiba

7.3.1 Toshiba VRF System Company Information

7.3.2 Toshiba VRF System Product Portfolio

7.3.3 Toshiba VRF System Production, Value, Price and Gross Margin (2020-2025)

7.3.4 Toshiba Main Business and Markets Served

7.3.5 Toshiba Recent Developments/Updates

7.4 Fujitsu group

7.4.1 Fujitsu group VRF System Company Information

7.4.2 Fujitsu group VRF System Product Portfolio

7.4.3 Fujitsu group VRF System Production, Value, Price and Gross Margin (2020-2025)

7.4.4 Fujitsu group Main Business and Markets Served

7.4.5 Fujitsu group Recent Developments/Updates

7.5 Mitsubishi Electric

7.5.1 Mitsubishi Electric VRF System Company Information

7.5.2 Mitsubishi Electric VRF System Product Portfolio

7.5.3 Mitsubishi Electric VRF System Production, Value, Price and Gross Margin (2020-2025)

7.5.4 Mitsubishi Electric Main Business and Markets Served

7.5.5 Mitsubishi Electric Recent Developments/Updates

7.6 Midea Group

7.6.1 Midea Group VRF System Company Information

7.6.2 Midea Group VRF System Product Portfolio

7.6.3 Midea Group VRF System Production, Value, Price and Gross Margin (2020-2025)

7.6.4 Midea Group Main Business and Markets Served

7.6.5 Midea Group Recent Developments/Updates

7.7 Ingersoll Rand

7.7.1 Ingersoll Rand VRF System Company Information

7.7.2 Ingersoll Rand VRF System Product Portfolio

7.7.3 Ingersoll Rand VRF System Production, Value, Price and Gross Margin (2020-2025)

7.7.4 Ingersoll Rand Main Business and Markets Served

7.7.5 Ingersoll Rand Recent Developments/Updates

7.8 Lennox International

7.8.1 Lennox International VRF System Company Information

7.8.2 Lennox International VRF System Product Portfolio

7.8.3 Lennox International VRF System Production, Value, Price and Gross Margin (2020-2025)

7.8.4 Lennox International Main Business and Markets Served

7.8.5 Lennox International Recent Developments/Updates

7.9 Panasonic

7.9.1 Panasonic VRF System Company Information

7.9.2 Panasonic VRF System Product Portfolio

7.9.3 Panasonic VRF System Production, Value, Price and Gross Margin (2020-2025)

7.9.4 Panasonic Main Business and Markets Served

7.9.5 Panasonic Recent Developments/Updates

7.10 Samsung Electronics

7.10.1 Samsung Electronics VRF System Company Information

7.10.2 Samsung Electronics VRF System Product Portfolio

7.10.3 Samsung Electronics VRF System Production, Value, Price and Gross Margin (2020-2025)

7.10.4 Samsung Electronics Main Business and Markets Served

7.10.5 Samsung Electronics Recent Developments/Updates

7.11 Gree

7.11.1 Gree VRF System Company Information

7.11.2 Gree VRF System Product Portfolio

7.11.3 Gree VRF System Production, Value, Price and Gross Margin (2020-2025)

7.11.4 Gree Main Business and Markets Served

7.11.5 Gree Recent Developments/Updates

7.12 Carrier

7.12.1 Carrier VRF System Company Information

7.12.2 Carrier VRF System Product Portfolio

7.12.3 Carrier VRF System Production, Value, Price and Gross Margin (2020-2025)

7.12.4 Carrier Main Business and Markets Served

7.12.5 Carrier Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 VRF System Industry Chain Analysis

8.2 VRF System Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 VRF System Production Mode & Process Analysis

8.4 VRF System Sales and Marketing

8.4.1 VRF System Sales Channels

8.4.2 VRF System Distributors

8.5 VRF System Customer Analysis

9 VRF System Market Dynamics

9.1 VRF System Industry Trends

9.2 VRF System Market Drivers

9.3 VRF System Market Challenges

9.4 VRF System Market Restraints

10 Research Findings 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

FEATURED COMPANIES

List of Tables

Table 1. Global VRF System Market Value by Type, (US$ Million) & (2024 VS 2031)

Table 2. Global VRF System Market Value by Application, (US$ Million) & (2024 VS 2031)

Table 3. Global VRF System Production Capacity (K Units) by Manufacturers in 2024

Table 4. Global VRF System Production by Manufacturers (2020-2025) & (K Units)

Table 5. Global VRF System Production Market Share by Manufacturers (2020-2025)

Table 6. Global VRF System Production Value by Manufacturers (2020-2025) & (US$ Million)

Table 7. Global VRF System Production Value Share by Manufacturers (2020-2025)

Table 8. Global Key Players of VRF System, Industry Ranking, 2023 VS 2024

Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in VRF System as of 2024)

Table 10. Global Market VRF System Average Price by Manufacturers (USD/Unit) & (2020-2025)

Table 11. Global Key Manufacturers of VRF System, Manufacturing Base Distribution and Headquarters

Table 12. Global Key Manufacturers of VRF System, Product Offered and Application

Table 13. Global Key Manufacturers of VRF System, Date of Enter into This Industry

Table 14. Global VRF System Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 15. Mergers & Acquisitions, Expansion Plans

Table 16. Global VRF System Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 17. Global VRF System Production Value (US$ Million) by Region (2020-2025)

Table 18. Global VRF System Production Value Market Share by Region (2020-2025)

Table 19. Global VRF System Production Value (US$ Million) Forecast by Region (2026-2031)

Table 20. Global VRF System Production Value Market Share Forecast by Region (2026-2031)

Table 21. Global VRF System Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)

Table 22. Global VRF System Production (K Units) by Region (2020-2025)

Table 23. Global VRF System Production Market Share by Region (2020-2025)

Table 24. Global VRF System Production (K Units) Forecast by Region (2026-2031)

Table 25. Global VRF System Production Market Share Forecast by Region (2026-2031)

Table 26. Global VRF System Market Average Price (USD/Unit) by Region (2020-2025)

Table 27. Global VRF System Market Average Price (USD/Unit) by Region (2026-2031)

Table 28. Global VRF System Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)

Table 29. Global VRF System Consumption by Region (2020-2025) & (K Units)

Table 30. Global VRF System Consumption Market Share by Region (2020-2025)

Table 31. Global VRF System Forecasted Consumption by Region (2026-2031) & (K Units)

Table 32. Global VRF System Forecasted Consumption Market Share by Region (2026-2031)

Table 33. North America VRF System Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 34. North America VRF System Consumption by Country (2020-2025) & (K Units)

Table 35. North America VRF System Consumption by Country (2026-2031) & (K Units)

Table 36. Europe VRF System Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 37. Europe VRF System Consumption by Country (2020-2025) & (K Units)

Table 38. Europe VRF System Consumption by Country (2026-2031) & (K Units)

Table 39. Asia Pacific VRF System Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)

Table 40. Asia Pacific VRF System Consumption by Region (2020-2025) & (K Units)

Table 41. Asia Pacific VRF System Consumption by Region (2026-2031) & (K Units)

Table 42. Latin America, Middle East & Africa VRF System Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 43. Latin America, Middle East & Africa VRF System Consumption by Country (2020-2025) & (K Units)

Table 44. Latin America, Middle East & Africa VRF System Consumption by Country (2026-2031) & (K Units)

Table 45. Global VRF System Production (K Units) by Type (2020-2025)

Table 46. Global VRF System Production (K Units) by Type (2026-2031)

Table 47. Global VRF System Production Market Share by Type (2020-2025)

Table 48. Global VRF System Production Market Share by Type (2026-2031)

Table 49. Global VRF System Production Value (US$ Million) by Type (2020-2025)

Table 50. Global VRF System Production Value (US$ Million) by Type (2026-2031)

Table 51. Global VRF System Production Value Market Share by Type (2020-2025)

Table 52. Global VRF System Production Value Market Share by Type (2026-2031)

Table 53. Global VRF System Price (USD/Unit) by Type (2020-2025)

Table 54. Global VRF System Price (USD/Unit) by Type (2026-2031)

Table 55. Global VRF System Production (K Units) by Application (2020-2025)

Table 56. Global VRF System Production (K Units) by Application (2026-2031)

Table 57. Global VRF System Production Market Share by Application (2020-2025)

Table 58. Global VRF System Production Market Share by Application (2026-2031)

Table 59. Global VRF System Production Value (US$ Million) by Application (2020-2025)

Table 60. Global VRF System Production Value (US$ Million) by Application (2026-2031)

Table 61. Global VRF System Production Value Market Share by Application (2020-2025)

Table 62. Global VRF System Production Value Market Share by Application (2026-2031)

Table 63. Global VRF System Price (USD/Unit) by Application (2020-2025)

Table 64. Global VRF System Price (USD/Unit) by Application (2026-2031)

Table 65. Johnson VRF System Company Information

Table 66. Johnson VRF System Specification and Application

Table 67. Johnson VRF System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 68. Johnson Main Business and Markets Served

Table 69. Johnson Recent Developments/Updates

Table 70. LG Electronics VRF System Company Information

Table 71. LG Electronics VRF System Specification and Application

Table 72. LG Electronics VRF System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 73. LG Electronics Main Business and Markets Served

Table 74. LG Electronics Recent Developments/Updates

Table 75. Toshiba VRF System Company Information

Table 76. Toshiba VRF System Specification and Application

Table 77. Toshiba VRF System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 78. Toshiba Main Business and Markets Served

Table 79. Toshiba Recent Developments/Updates

Table 80. Fujitsu group VRF System Company Information

Table 81. Fujitsu group VRF System Specification and Application

Table 82. Fujitsu group VRF System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 83. Fujitsu group Main Business and Markets Served

Table 84. Fujitsu group Recent Developments/Updates

Table 85. Mitsubishi Electric VRF System Company Information

Table 86. Mitsubishi Electric VRF System Specification and Application

Table 87. Mitsubishi Electric VRF System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 88. Mitsubishi Electric Main Business and Markets Served

Table 89. Mitsubishi Electric Recent Developments/Updates

Table 90. Midea Group VRF System Company Information

Table 91. Midea Group VRF System Specification and Application

Table 92. Midea Group VRF System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 93. Midea Group Main Business and Markets Served

Table 94. Midea Group Recent Developments/Updates

Table 95. Ingersoll Rand VRF System Company Information

Table 96. Ingersoll Rand VRF System Specification and Application

Table 97. Ingersoll Rand VRF System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 98. Ingersoll Rand Main Business and Markets Served

Table 99. Ingersoll Rand Recent Developments/Updates

Table 100. Lennox International VRF System Company Information

Table 101. Lennox International VRF System Specification and Application

Table 102. Lennox International VRF System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 103. Lennox International Main Business and Markets Served

Table 104. Lennox International Recent Developments/Updates

Table 105. Panasonic VRF System Company Information

Table 106. Panasonic VRF System Specification and Application

Table 107. Panasonic VRF System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 108. Panasonic Main Business and Markets Served

Table 109. Panasonic Recent Developments/Updates

Table 110. Samsung Electronics VRF System Company Information

Table 111. Samsung Electronics VRF System Specification and Application

Table 112. Samsung Electronics VRF System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 113. Samsung Electronics Main Business and Markets Served

Table 114. Samsung Electronics Recent Developments/Updates

Table 115. Gree VRF System Company Information

Table 116. Gree VRF System Specification and Application

Table 117. Gree VRF System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 118. Gree Main Business and Markets Served

Table 119. Gree Recent Developments/Updates

Table 120. Carrier VRF System Company Information

Table 121. Carrier VRF System Specification and Application

Table 122. Carrier VRF System Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 123. Carrier Main Business and Markets Served

Table 124. Carrier Recent Developments/Updates

Table 125. Key Raw Materials Lists

Table 126. Raw Materials Key Suppliers Lists

Table 127. VRF System Distributors List

Table 128. VRF System Customers List

Table 129. VRF System Market Trends

Table 130. VRF System Market Drivers

Table 131. VRF System Market Challenges

Table 132. VRF System Market Restraints

Table 133. Research Programs/Design for This Report

Table 134. Key Data Information from Secondary Sources

Table 135. Key Data Information from Primary Sources

Table 136. Authors List of This Report

List of Figures

Figure 1. Product Picture of VRF System

Figure 2. Global VRF System Market Value by Type, (US$ Million) & (2020-2031)

Figure 3. Global VRF System Market Share by Type: 2024 VS 2031

Figure 4. Outdoor Units Product Picture

Figure 5. Indoor Units Product Picture

Figure 6. Control Systems and Accessories Product Picture

Figure 7. Global VRF System Market Value by Application, (US$ Million) & (2020-2031)

Figure 8. Global VRF System Market Share by Application: 2024 VS 2031

Figure 9. Commercial

Figure 10. Residential

Figure 11. Others (Metro Stations, Railway Stations, and Airports)

Figure 12. Global VRF System Production Value (US$ Million), 2020 VS 2024 VS 2031

Figure 13. Global VRF System Production Value (US$ Million) & (2020-2031)

Figure 14. Global VRF System Production Capacity (K Units) & (2020-2031)

Figure 15. Global VRF System Production (K Units) & (2020-2031)

Figure 16. Global VRF System Average Price (USD/Unit) & (2020-2031)

Figure 17. VRF System Report Years Considered

Figure 18. VRF System Production Share by Manufacturers in 2024

Figure 19. Global VRF System Production Value Share by Manufacturers (2024)

Figure 20. VRF System Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 21. The Global 5 and 10 Largest Players: Market Share by VRF System Revenue in 2024

Figure 22. Global VRF System Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 23. Global VRF System Production Value Market Share by Region: 2020 VS 2024 VS 2031

Figure 24. Global VRF System Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)

Figure 25. Global VRF System Production Market Share by Region: 2020 VS 2024 VS 2031

Figure 26. North America VRF System Production Value (US$ Million) Growth Rate (2020-2031)

Figure 27. Europe VRF System Production Value (US$ Million) Growth Rate (2020-2031)

Figure 28. China VRF System Production Value (US$ Million) Growth Rate (2020-2031)

Figure 29. Japan VRF System Production Value (US$ Million) Growth Rate (2020-2031)

Figure 30. Global VRF System Consumption by Region: 2020 VS 2024 VS 2031 (K Units)

Figure 31. Global VRF System Consumption Market Share by Region: 2020 VS 2024 VS 2031

Figure 32. North America VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 33. North America VRF System Consumption Market Share by Country (2020-2031)

Figure 34. U.S. VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 35. Canada VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 36. Europe VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 37. Europe VRF System Consumption Market Share by Country (2020-2031)

Figure 38. Germany VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 39. France VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 40. U.K. VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 41. Italy VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 42. Netherlands VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 43. Asia Pacific VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 44. Asia Pacific VRF System Consumption Market Share by Region (2020-2031)

Figure 45. China VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 46. Japan VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 47. South Korea VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 48. China Taiwan VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 49. Southeast Asia VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 50. India VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 51. Latin America, Middle East & Africa VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 52. Latin America, Middle East & Africa VRF System Consumption Market Share by Country (2020-2031)

Figure 53. Mexico VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 54. Brazil VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 55. Turkey VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 56. GCC Countries VRF System Consumption and Growth Rate (2020-2031) & (K Units)

Figure 57. Global Production Market Share of VRF System by Type (2020-2031)

Figure 58. Global Production Value Market Share of VRF System by Type (2020-2031)

Figure 59. Global VRF System Price (USD/Unit) by Type (2020-2031)

Figure 60. Global Production Market Share of VRF System by Application (2020-2031)

Figure 61. Global Production Value Market Share of VRF System by Application (2020-2031)

Figure 62. Global VRF System Price (USD/Unit) by Application (2020-2031)

Figure 63. VRF System Value Chain

Figure 64. Channels of Distribution (Direct Vs Distribution)

Figure 65. Bottom-up and Top-down Approaches for This Report

Figure 66. Data Triangulation

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