VRF System Component Market, Global Outlook and Forecast 2022-2028

January 2022 | 76 pages | ID: V6517E84F78DEN
Market Monitor Global

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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.

This report contains market size and forecasts of VRF System Component in global, including the following market information:

Global VRF System Component Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global VRF System Component Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five VRF System Component companies in 2021 (%)

The global VRF System Component market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Outdoor Units Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of VRF System Component include Daikin, Toshiba, Mitsubishi Electric, Midea Group, Johnson Controls and LG Electronics, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the VRF System Component 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 VRF System Component Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global VRF System Component Market Segment Percentages, by Type, 2021 (%)
  • Outdoor Units
  • Indoor Units
  • Control Systems and Accessories
Global VRF System Component Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global VRF System Component Market Segment Percentages, by Application, 2021 (%)
  • Commercial
  • Residential
  • Others
Global VRF System Component Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global VRF System Component 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 VRF System Component revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies VRF System Component revenues share in global market, 2021 (%)

Key companies VRF System Component sales in global market, 2017-2022 (Estimated), (K Units)

Key companies VRF System Component sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:
  • Daikin
  • Toshiba
  • Mitsubishi Electric
  • Midea Group
  • Johnson Controls
  • LG Electronics
1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 VRF System Component Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global VRF System Component Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL VRF SYSTEM COMPONENT OVERALL MARKET SIZE

2.1 Global VRF System Component Market Size: 2021 VS 2028
2.2 Global VRF System Component Revenue, Prospects & Forecasts: 2017-2028
2.3 Global VRF System Component Sales: 2017-2028

3 COMPANY LANDSCAPE

3.1 Top VRF System Component Players in Global Market
3.2 Top Global VRF System Component Companies Ranked by Revenue
3.3 Global VRF System Component Revenue by Companies
3.4 Global VRF System Component Sales by Companies
3.5 Global VRF System Component Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 VRF System Component Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers VRF System Component Product Type
3.8 Tier 1, Tier 2 and Tier 3 VRF System Component Players in Global Market
  3.8.1 List of Global Tier 1 VRF System Component Companies
  3.8.2 List of Global Tier 2 and Tier 3 VRF System Component Companies

4 SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 By Type - Global VRF System Component Market Size Markets, 2021 & 2028
  4.1.2 Outdoor Units
  4.1.3 Indoor Units
  4.1.4 Control Systems and Accessories
4.2 By Type - Global VRF System Component Revenue & Forecasts
  4.2.1 By Type - Global VRF System Component Revenue, 2017-2022
  4.2.2 By Type - Global VRF System Component Revenue, 2023-2028
  4.2.3 By Type - Global VRF System Component Revenue Market Share, 2017-2028
4.3 By Type - Global VRF System Component Sales & Forecasts
  4.3.1 By Type - Global VRF System Component Sales, 2017-2022
  4.3.2 By Type - Global VRF System Component Sales, 2023-2028
  4.3.3 By Type - Global VRF System Component Sales Market Share, 2017-2028
4.4 By Type - Global VRF System Component Price (Manufacturers Selling Prices), 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global VRF System Component Market Size, 2021 & 2028
  5.1.2 Commercial
  5.1.3 Residential
  5.1.4 Others
5.2 By Application - Global VRF System Component Revenue & Forecasts
  5.2.1 By Application - Global VRF System Component Revenue, 2017-2022
  5.2.2 By Application - Global VRF System Component Revenue, 2023-2028
  5.2.3 By Application - Global VRF System Component Revenue Market Share, 2017-2028
5.3 By Application - Global VRF System Component Sales & Forecasts
  5.3.1 By Application - Global VRF System Component Sales, 2017-2022
  5.3.2 By Application - Global VRF System Component Sales, 2023-2028
  5.3.3 By Application - Global VRF System Component Sales Market Share, 2017-2028
5.4 By Application - Global VRF System Component Price (Manufacturers Selling Prices), 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global VRF System Component Market Size, 2021 & 2028
6.2 By Region - Global VRF System Component Revenue & Forecasts
  6.2.1 By Region - Global VRF System Component Revenue, 2017-2022
  6.2.2 By Region - Global VRF System Component Revenue, 2023-2028
  6.2.3 By Region - Global VRF System Component Revenue Market Share, 2017-2028
6.3 By Region - Global VRF System Component Sales & Forecasts
  6.3.1 By Region - Global VRF System Component Sales, 2017-2022
  6.3.2 By Region - Global VRF System Component Sales, 2023-2028
  6.3.3 By Region - Global VRF System Component Sales Market Share, 2017-2028
6.4 North America
  6.4.1 By Country - North America VRF System Component Revenue, 2017-2028
  6.4.2 By Country - North America VRF System Component Sales, 2017-2028
  6.4.3 US VRF System Component Market Size, 2017-2028
  6.4.4 Canada VRF System Component Market Size, 2017-2028
  6.4.5 Mexico VRF System Component Market Size, 2017-2028
6.5 Europe
  6.5.1 By Country - Europe VRF System Component Revenue, 2017-2028
  6.5.2 By Country - Europe VRF System Component Sales, 2017-2028
  6.5.3 Germany VRF System Component Market Size, 2017-2028
  6.5.4 France VRF System Component Market Size, 2017-2028
  6.5.5 U.K. VRF System Component Market Size, 2017-2028
  6.5.6 Italy VRF System Component Market Size, 2017-2028
  6.5.7 Russia VRF System Component Market Size, 2017-2028
  6.5.8 Nordic Countries VRF System Component Market Size, 2017-2028
  6.5.9 Benelux VRF System Component Market Size, 2017-2028
6.6 Asia
  6.6.1 By Region - Asia VRF System Component Revenue, 2017-2028
  6.6.2 By Region - Asia VRF System Component Sales, 2017-2028
  6.6.3 China VRF System Component Market Size, 2017-2028
  6.6.4 Japan VRF System Component Market Size, 2017-2028
  6.6.5 South Korea VRF System Component Market Size, 2017-2028
  6.6.6 Southeast Asia VRF System Component Market Size, 2017-2028
  6.6.7 India VRF System Component Market Size, 2017-2028
6.7 South America
  6.7.1 By Country - South America VRF System Component Revenue, 2017-2028
  6.7.2 By Country - South America VRF System Component Sales, 2017-2028
  6.7.3 Brazil VRF System Component Market Size, 2017-2028
  6.7.4 Argentina VRF System Component Market Size, 2017-2028
6.8 Middle East & Africa
  6.8.1 By Country - Middle East & Africa VRF System Component Revenue, 2017-2028
  6.8.2 By Country - Middle East & Africa VRF System Component Sales, 2017-2028
  6.8.3 Turkey VRF System Component Market Size, 2017-2028
  6.8.4 Israel VRF System Component Market Size, 2017-2028
  6.8.5 Saudi Arabia VRF System Component Market Size, 2017-2028
  6.8.6 UAE VRF System Component Market Size, 2017-2028

7 MANUFACTURERS & BRANDS PROFILES

7.1 Daikin
  7.1.1 Daikin Corporate Summary
  7.1.2 Daikin Business Overview
  7.1.3 Daikin VRF System Component Major Product Offerings
  7.1.4 Daikin VRF System Component Sales and Revenue in Global (2017-2022)
  7.1.5 Daikin Key News
7.2 Toshiba
  7.2.1 Toshiba Corporate Summary
  7.2.2 Toshiba Business Overview
  7.2.3 Toshiba VRF System Component Major Product Offerings
  7.2.4 Toshiba VRF System Component Sales and Revenue in Global (2017-2022)
  7.2.5 Toshiba Key News
7.3 Mitsubishi Electric
  7.3.1 Mitsubishi Electric Corporate Summary
  7.3.2 Mitsubishi Electric Business Overview
  7.3.3 Mitsubishi Electric VRF System Component Major Product Offerings
  7.3.4 Mitsubishi Electric VRF System Component Sales and Revenue in Global (2017-2022)
  7.3.5 Mitsubishi Electric Key News
7.4 Midea Group
  7.4.1 Midea Group Corporate Summary
  7.4.2 Midea Group Business Overview
  7.4.3 Midea Group VRF System Component Major Product Offerings
  7.4.4 Midea Group VRF System Component Sales and Revenue in Global (2017-2022)
  7.4.5 Midea Group Key News
7.5 Johnson Controls
  7.5.1 Johnson Controls Corporate Summary
  7.5.2 Johnson Controls Business Overview
  7.5.3 Johnson Controls VRF System Component Major Product Offerings
  7.5.4 Johnson Controls VRF System Component Sales and Revenue in Global (2017-2022)
  7.5.5 Johnson Controls Key News
7.6 LG Electronics
  7.6.1 LG Electronics Corporate Summary
  7.6.2 LG Electronics Business Overview
  7.6.3 LG Electronics VRF System Component Major Product Offerings
  7.6.4 LG Electronics VRF System Component Sales and Revenue in Global (2017-2022)
  7.6.5 LG Electronics Key News

8 GLOBAL VRF SYSTEM COMPONENT PRODUCTION CAPACITY, ANALYSIS

8.1 Global VRF System Component Production Capacity, 2017-2028
8.2 VRF System Component Production Capacity of Key Manufacturers in Global Market
8.3 Global VRF System Component Production by Region

9 KEY MARKET TRENDS, OPPORTUNITY, DRIVERS AND RESTRAINTS

9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints

10 VRF SYSTEM COMPONENT SUPPLY CHAIN ANALYSIS

10.1 VRF System Component Industry Value Chain
10.2 VRF System Component Upstream Market
10.3 VRF System Component Downstream and Clients
10.4 Marketing Channels Analysis
  10.4.1 Marketing Channels
  10.4.2 VRF System Component Distributors and Sales Agents in Global

11 CONCLUSION

12 APPENDIX

12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
LIST OF TABLES

Table 1. Key Players of VRF System Component in Global Market
Table 2. Top VRF System Component Players in Global Market, Ranking by Revenue (2021)
Table 3. Global VRF System Component Revenue by Companies, (US$, Mn), 2017-2022
Table 4. Global VRF System Component Revenue Share by Companies, 2017-2022
Table 5. Global VRF System Component Sales by Companies, (K Units), 2017-2022
Table 6. Global VRF System Component Sales Share by Companies, 2017-2022
Table 7. Key Manufacturers VRF System Component Price (2017-2022) & (US$/Unit)
Table 8. Global Manufacturers VRF System Component Product Type
Table 9. List of Global Tier 1 VRF System Component Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 VRF System Component Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global VRF System Component Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Global VRF System Component Revenue (US$, Mn), 2017-2022
Table 13. By Type - Global VRF System Component Revenue (US$, Mn), 2023-2028
Table 14. By Type - Global VRF System Component Sales (K Units), 2017-2022
Table 15. By Type - Global VRF System Component Sales (K Units), 2023-2028
Table 16. By Application – Global VRF System Component Revenue, (US$, Mn), 2021 & 2028
Table 17. By Application - Global VRF System Component Revenue (US$, Mn), 2017-2022
Table 18. By Application - Global VRF System Component Revenue (US$, Mn), 2023-2028
Table 19. By Application - Global VRF System Component Sales (K Units), 2017-2022
Table 20. By Application - Global VRF System Component Sales (K Units), 2023-2028
Table 21. By Region – Global VRF System Component Revenue, (US$, Mn), 2021 VS 2028
Table 22. By Region - Global VRF System Component Revenue (US$, Mn), 2017-2022
Table 23. By Region - Global VRF System Component Revenue (US$, Mn), 2023-2028
Table 24. By Region - Global VRF System Component Sales (K Units), 2017-2022
Table 25. By Region - Global VRF System Component Sales (K Units), 2023-2028
Table 26. By Country - North America VRF System Component Revenue, (US$, Mn), 2017-2022
Table 27. By Country - North America VRF System Component Revenue, (US$, Mn), 2023-2028
Table 28. By Country - North America VRF System Component Sales, (K Units), 2017-2022
Table 29. By Country - North America VRF System Component Sales, (K Units), 2023-2028
Table 30. By Country - Europe VRF System Component Revenue, (US$, Mn), 2017-2022
Table 31. By Country - Europe VRF System Component Revenue, (US$, Mn), 2023-2028
Table 32. By Country - Europe VRF System Component Sales, (K Units), 2017-2022
Table 33. By Country - Europe VRF System Component Sales, (K Units), 2023-2028
Table 34. By Region - Asia VRF System Component Revenue, (US$, Mn), 2017-2022
Table 35. By Region - Asia VRF System Component Revenue, (US$, Mn), 2023-2028
Table 36. By Region - Asia VRF System Component Sales, (K Units), 2017-2022
Table 37. By Region - Asia VRF System Component Sales, (K Units), 2023-2028
Table 38. By Country - South America VRF System Component Revenue, (US$, Mn), 2017-2022
Table 39. By Country - South America VRF System Component Revenue, (US$, Mn), 2023-2028
Table 40. By Country - South America VRF System Component Sales, (K Units), 2017-2022
Table 41. By Country - South America VRF System Component Sales, (K Units), 2023-2028
Table 42. By Country - Middle East & Africa VRF System Component Revenue, (US$, Mn), 2017-2022
Table 43. By Country - Middle East & Africa VRF System Component Revenue, (US$, Mn), 2023-2028
Table 44. By Country - Middle East & Africa VRF System Component Sales, (K Units), 2017-2022
Table 45. By Country - Middle East & Africa VRF System Component Sales, (K Units), 2023-2028
Table 46. Daikin Corporate Summary
Table 47. Daikin VRF System Component Product Offerings
Table 48. Daikin VRF System Component Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 49. Toshiba Corporate Summary
Table 50. Toshiba VRF System Component Product Offerings
Table 51. Toshiba VRF System Component Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 52. Mitsubishi Electric Corporate Summary
Table 53. Mitsubishi Electric VRF System Component Product Offerings
Table 54. Mitsubishi Electric VRF System Component Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 55. Midea Group Corporate Summary
Table 56. Midea Group VRF System Component Product Offerings
Table 57. Midea Group VRF System Component Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 58. Johnson Controls Corporate Summary
Table 59. Johnson Controls VRF System Component Product Offerings
Table 60. Johnson Controls VRF System Component Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 61. LG Electronics Corporate Summary
Table 62. LG Electronics VRF System Component Product Offerings
Table 63. LG Electronics VRF System Component Sales (K Units), Revenue (US$, Mn) and Average Price (US$/Unit) (2017-2022)
Table 64. VRF System Component Production Capacity (K Units) of Key Manufacturers in Global Market, 2020-2022 (K Units)
Table 65. Global VRF System Component Capacity Market Share of Key Manufacturers, 2020-2022
Table 66. Global VRF System Component Production by Region, 2017-2022 (K Units)
Table 67. Global VRF System Component Production by Region, 2023-2028 (K Units)
Table 68. VRF System Component Market Opportunities & Trends in Global Market
Table 69. VRF System Component Market Drivers in Global Market
Table 70. VRF System Component Market Restraints in Global Market
Table 71. VRF System Component Raw Materials
Table 72. VRF System Component Raw Materials Suppliers in Global Market
Table 73. Typical VRF System Component Downstream
Table 74. VRF System Component Downstream Clients in Global Market
Table 75. VRF System Component Distributors and Sales Agents in Global Market

LIST OF FIGURES

Figure 1. VRF System Component Segment by Type
Figure 2. VRF System Component Segment by Application
Figure 3. Global VRF System Component Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global VRF System Component Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global VRF System Component Revenue, 2017-2028 (US$, Mn)
Figure 7. VRF System Component Sales in Global Market: 2017-2028 (K Units)
Figure 8. The Top 3 and 5 Players Market Share by VRF System Component Revenue in 2021
Figure 9. By Type - Global VRF System Component Sales Market Share, 2017-2028
Figure 10. By Type - Global VRF System Component Revenue Market Share, 2017-2028
Figure 11. By Type - Global VRF System Component Price (US$/Unit), 2017-2028
Figure 12. By Application - Global VRF System Component Sales Market Share, 2017-2028
Figure 13. By Application - Global VRF System Component Revenue Market Share, 2017-2028
Figure 14. By Application - Global VRF System Component Price (US$/Unit), 2017-2028
Figure 15. By Region - Global VRF System Component Sales Market Share, 2017-2028
Figure 16. By Region - Global VRF System Component Revenue Market Share, 2017-2028
Figure 17. By Country - North America VRF System Component Revenue Market Share, 2017-2028
Figure 18. By Country - North America VRF System Component Sales Market Share, 2017-2028
Figure 19. US VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 20. Canada VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 21. Mexico VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 22. By Country - Europe VRF System Component Revenue Market Share, 2017-2028
Figure 23. By Country - Europe VRF System Component Sales Market Share, 2017-2028
Figure 24. Germany VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 25. France VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 26. U.K. VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 27. Italy VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 28. Russia VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 29. Nordic Countries VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 30. Benelux VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 31. By Region - Asia VRF System Component Revenue Market Share, 2017-2028
Figure 32. By Region - Asia VRF System Component Sales Market Share, 2017-2028
Figure 33. China VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 34. Japan VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 35. South Korea VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 36. Southeast Asia VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 37. India VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 38. By Country - South America VRF System Component Revenue Market Share, 2017-2028
Figure 39. By Country - South America VRF System Component Sales Market Share, 2017-2028
Figure 40. Brazil VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 41. Argentina VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 42. By Country - Middle East & Africa VRF System Component Revenue Market Share, 2017-2028
Figure 43. By Country - Middle East & Africa VRF System Component Sales Market Share, 2017-2028
Figure 44. Turkey VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 45. Israel VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 46. Saudi Arabia VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 47. UAE VRF System Component Revenue, (US$, Mn), 2017-2028
Figure 48. Global VRF System Component Production Capacity (K Units), 2017-2028
Figure 49. The Percentage of Production VRF System Component by Region, 2021 VS 2028
Figure 50. VRF System Component Industry Value Chain
Figure 51. Marketing Channels


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