US VRF System Market Scope and Analysis Report - 2031
US VRF System Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 2.08 Billion |
| Market Size by 2031 | US$ 4.90 Billion |
| Global CAGR (2023 - 2031) | 11.3% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Component
|
| Regions and Countries Covered | US
|
| Market leaders and key company profiles |
US VRF System Market News and Recent Developments
The US VRF system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the US VRF system market are listed below:
- Fujitsu General America released Airstage VU-V systems that offer greater flexibility, efficiency, and capacity for commercial and light commercial applications. Airstage VU-V outdoor units can serve either as heat pumps or heat recovery systems with simple setting changes and the addition of refrigerant branch units (RBUs). The new VRF platform offers single modules with broader size ranges, from 6 to 16 tons and up to 36 tons per combined system. As many as 64 indoor units can be connected to a single system.
(Source: Fujitsu General, Press Release, February 2023)
- LG Electronics announced the launch of the new Multi V i VRF solution equipped with the company's highly evolved AI engine, in key global markets starting from Europe. Suitable for mid- to high-rise buildings, such as offices, schools, shopping malls, apartment buildings, and hotels, the energy-efficient Multi V I comes with a range of differentiated, smart features that help reduce energy consumption and deliver a more comfortable indoor environment as well as a quieter outdoor environment throughout a year.
(Source: LG Electronics, Press Release, February 2023)
US VRF System Market Report Coverage and Deliverables
The "US VRF System Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:
- US VRF system market size and forecast for all the key market segments covered under the scope
- US VRF system market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- US VRF system market analysis covering key market trends, national framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the US VRF system market
- Detailed company profiles
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