The Europe Variable Refrigerant Flow (VRF) Systems Market would witness market growth of 16.8% CAGR during the forecast period (2020-2026). In a VRF device it is possible to connect several indoor fan coil units to one outdoor unit. The outdoor unit has one or more inverter driven compressors, so that they can vary their speed by changing the frequency of the power supply to the compressor. As the speed of the compressor changes, so does the amount of refrigerant the compressor delivers. Every indoor fan coil unit has its own metering system which is operated by either the indoor unit or the outdoor unit itself. As each indoor unit sends out demand to the outdoor unit, the outdoor unit provides the amount of refrigerant required to meet each indoor unit's individual requirements. These features make the VRF device best suited for all applications that have user or building orientation-based part load criteria, as well as applications that require zoning.
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: Variable Refrigerant Flow (VRF) Systems Market in Europe is expected to register a CAGR of 16.8% 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 Europe 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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Variable Refrigerant Flow (VRF) Systems Market, by Type
1.4.2 Europe Variable Refrigerant Flow (VRF) Systems Market, by Component
1.4.3 Europe Variable Refrigerant Flow (VRF) Systems Market, by End User
1.4.4 Europe Variable Refrigerant Flow (VRF) Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2016, Jan – 2019, Nov) Leading Players
Chapter 4. Europe VRF System Market by Type
4.1 Europe VRF System Heat Pump Systems Market by Country
4.2 Europe VRF System Heat Recovery Systems Market by Country
Chapter 5. Europe VRF System Market by End Use
5.1 Europe VRF System Commercial Market by Country
5.2 Europe VRF System Residential Market by Country
5.3 Europe Other End Use VRF System Market by Country
Chapter 6. Europe VRF System Market by Component
6.1 Europe Outdoor Units VRF System Market by Country
6.2 Europe Indoor Units VRF System Market by Country
6.3 Europe Control Systems & Accessories Market by Country
Chapter 7. Europe VRF System Market by Country
7.1 Germany VRF System Market
7.1.1 Germany VRF System Market by Type
7.1.2 Germany VRF System Market by End Use
7.1.3 Germany VRF System Market by Component
7.2 UK VRF System Market
7.2.1 UK VRF System Market by Type
7.2.2 UK VRF System Market by End Use
7.2.3 UK VRF System Market by Component
7.3 France VRF System Market
7.3.1 France VRF System Market by Type
7.3.2 France VRF System Market by End Use
7.3.3 France VRF System Market by Component
7.4 Russia VRF System Market
7.4.1 Russia VRF System Market by Type
7.4.2 Russia VRF System Market by End Use
7.4.3 Russia VRF System Market by Component
7.5 Spain VRF System Market
7.5.1 Spain VRF System Market by Type
7.5.2 Spain VRF System Market by End Use
7.5.3 Spain VRF System Market by Component
7.6 Italy VRF System Market
7.6.1 Italy VRF System Market by Type
7.6.2 Italy VRF System Market by End Use
7.6.3 Italy VRF System Market by Component
7.7 Rest of Europe VRF System Market
7.7.1 Rest of Europe VRF System Market by Type
7.7.2 Rest of Europe VRF System Market by End Use
7.7.3 Rest of Europe VRF System Market by Component
Chapter 8. Company Profiles
8.1 LG Electronics, Inc. (LG Corporation)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.2 Daikin Industries, Ltd.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional & Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Toshiba Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research and Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Mitsubishi Electric Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.4.5.3 Geographical Expansions:
8.4.6 SWOT Analysis
8.5 Fujitsu Limited
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Recent strategies and developments:
8.5.3.1 Partnerships, Collaborations, and Agreements:
8.5.4 SWOT Analysis
8.6 Trane Technologies PLC
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Product Launches and Product Expansions:
8.6.5.3 Acquisition and Mergers:
8.7 Lennox International, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.8 Panasonic Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.8.6 SWOT Analysis
8.9 Samsung Electronics Co., Ltd. (Samsung Group)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Product Launches and Product Expansions:
8.9.6 SWOT Analysis
8.1 Johnson Controls International PLC
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
8.10.5 Recent strategies and developments:
8.10.5.1 Product Launches and Product Expansions:
8.10.5.2 Geographical Expansions:
8.10.6 SWOT Analysis
TABLE 1 Europe VRF System Market, 2016 - 2019, USD Million
TABLE 2 Europe VRF System Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Variable Refrigerant Flow (VRF) Systems Market
TABLE 4 Product Launches And Product Expansions– Variable Refrigerant Flow (VRF) Systems Market
TABLE 5 Geographical Expansions– Variable Refrigerant Flow (VRF) Systems Market
TABLE 6 Mergers & Acquisitions – Variable Refrigerant Flow (VRF) Systems Market
TABLE 7 Europe VRF System Market by Type, 2016 - 2019, USD Million
TABLE 8 Europe VRF System Market by Type, 2020 - 2026, USD Million
TABLE 9 Europe VRF System Heat Pump Systems Market by Country, 2016 - 2019, USD Million
TABLE 10 Europe VRF System Heat Pump Systems Market by Country, 2020 - 2026, USD Million
TABLE 11 Europe VRF System Heat Recovery Systems Market by Country, 2016 - 2019, USD Million
TABLE 12 Europe VRF System Heat Recovery Systems Market by Country, 2020 - 2026, USD Million
TABLE 13 Europe VRF System Market by End Use, 2016 - 2019, USD Million
TABLE 14 Europe VRF System Market by End Use, 2020 - 2026, USD Million
TABLE 15 Europe VRF System Commercial Market by Country, 2016 - 2019, USD Million
TABLE 16 Europe VRF System Commercial Market by Country, 2020 - 2026, USD Million
TABLE 17 Europe VRF System Residential Market by Country, 2016 - 2019, USD Million
TABLE 18 Europe VRF System Residential Market by Country, 2020 - 2026, USD Million
TABLE 19 Europe Other End Use VRF System Market by Country, 2016 - 2019, USD Million
TABLE 20 Europe Other End Use VRF System Market by Country, 2020 - 2026, USD Million
TABLE 21 Europe VRF System Market by Component, 2016 - 2019, USD Million
TABLE 22 Europe VRF System Market by Component, 2020 - 2026, USD Million
TABLE 23 Europe Outdoor Units VRF System Market by Country, 2016 - 2019, USD Million
TABLE 24 Europe Outdoor Units VRF System Market by Country, 2020 - 2026, USD Million
TABLE 25 Europe Indoor Units VRF System Market by Country, 2016 - 2019, USD Million
TABLE 26 Europe Indoor Units VRF System Market by Country, 2020 - 2026, USD Million
TABLE 27 Europe Control Systems & Accessories Market by Country, 2016 - 2019, USD Million
TABLE 28 Europe Control Systems & Accessories Market by Country, 2020 - 2026, USD Million
TABLE 29 Europe VRF System Market by Country, 2016 - 2019, USD Million
TABLE 30 Europe VRF System Market by Country, 2020 - 2026, USD Million
TABLE 31 Germany VRF System Market, 2016 - 2019, USD Million
TABLE 32 Germany VRF System Market, 2020 - 2026, USD Million
TABLE 33 Germany VRF System Market by Type, 2016 - 2019, USD Million
TABLE 34 Germany VRF System Market by Type, 2020 - 2026, USD Million
TABLE 35 Germany VRF System Market by End Use, 2016 - 2019, USD Million
TABLE 36 Germany VRF System Market by End Use, 2020 - 2026, USD Million
TABLE 37 Germany VRF System Market by Component, 2016 - 2019, USD Million
TABLE 38 Germany VRF System Market by Component, 2020 - 2026, USD Million
TABLE 39 UK VRF System Market, 2016 - 2019, USD Million
TABLE 40 UK VRF System Market, 2020 - 2026, USD Million
TABLE 41 UK VRF System Market by Type, 2016 - 2019, USD Million
TABLE 42 UK VRF System Market by Type, 2020 - 2026, USD Million
TABLE 43 UK VRF System Market by End Use, 2016 - 2019, USD Million
TABLE 44 UK VRF System Market by End Use, 2020 - 2026, USD Million
TABLE 45 UK VRF System Market by Component, 2016 - 2019, USD Million
TABLE 46 UK VRF System Market by Component, 2020 - 2026, USD Million
TABLE 47 France VRF System Market, 2016 - 2019, USD Million
TABLE 48 France VRF System Market, 2020 - 2026, USD Million
TABLE 49 France VRF System Market by Type, 2016 - 2019, USD Million
TABLE 50 France VRF System Market by Type, 2020 - 2026, USD Million
TABLE 51 France VRF System Market by End Use, 2016 - 2019, USD Million
TABLE 52 France VRF System Market by End Use, 2020 - 2026, USD Million
TABLE 53 France VRF System Market by Component, 2016 - 2019, USD Million
TABLE 54 France VRF System Market by Component, 2020 - 2026, USD Million
TABLE 55 Russia VRF System Market, 2016 - 2019, USD Million
TABLE 56 Russia VRF System Market, 2020 - 2026, USD Million
TABLE 57 Russia VRF System Market by Type, 2016 - 2019, USD Million
TABLE 58 Russia VRF System Market by Type, 2020 - 2026, USD Million
TABLE 59 Russia VRF System Market by End Use, 2016 - 2019, USD Million
TABLE 60 Russia VRF System Market by End Use, 2020 - 2026, USD Million
TABLE 61 Russia VRF System Market by Component, 2016 - 2019, USD Million
TABLE 62 Russia VRF System Market by Component, 2020 - 2026, USD Million
TABLE 63 Spain VRF System Market, 2016 - 2019, USD Million
TABLE 64 Spain VRF System Market, 2020 - 2026, USD Million
TABLE 65 Spain VRF System Market by Type, 2016 - 2019, USD Million
TABLE 66 Spain VRF System Market by Type, 2020 - 2026, USD Million
TABLE 67 Spain VRF System Market by End Use, 2016 - 2019, USD Million
TABLE 68 Spain VRF System Market by End Use, 2020 - 2026, USD Million
TABLE 69 Spain VRF System Market by Component, 2016 - 2019, USD Million
TABLE 70 Spain VRF System Market by Component, 2020 - 2026, USD Million
TABLE 71 Italy VRF System Market, 2016 - 2019, USD Million
TABLE 72 Italy VRF System Market, 2020 - 2026, USD Million
TABLE 73 Italy VRF System Market by Type, 2016 - 2019, USD Million
TABLE 74 Italy VRF System Market by Type, 2020 - 2026, USD Million
TABLE 75 Italy VRF System Market by End Use, 2016 - 2019, USD Million
TABLE 76 Italy VRF System Market by End Use, 2020 - 2026, USD Million
TABLE 77 Italy VRF System Market by Component, 2016 - 2019, USD Million
TABLE 78 Italy VRF System Market by Component, 2020 - 2026, USD Million
TABLE 79 Rest of Europe VRF System Market, 2016 - 2019, USD Million
TABLE 80 Rest of Europe VRF System Market, 2020 - 2026, USD Million
TABLE 81 Rest of Europe VRF System Market by Type, 2016 - 2019, USD Million
TABLE 82 Rest of Europe VRF System Market by Type, 2020 - 2026, USD Million
TABLE 83 Rest of Europe VRF System Market by End Use, 2016 - 2019, USD Million
TABLE 84 Rest of Europe VRF System Market by End Use, 2020 - 2026, USD Million
TABLE 85 Rest of Europe VRF System Market by Component, 2016 - 2019, USD Million
TABLE 86 Rest of Europe VRF System Market by Component, 2020 - 2026, USD Million
TABLE 87 Key information – LG Electronics, Inc.
TABLE 88 Key information – Daikin Industries, Ltd.
TABLE 89 Key Information – Toshiba Corporation
TABLE 90 key information – Mitsubishi Electric Corporation
TABLE 91 Key Information – Fujitsu Limited
TABLE 92 Key Information – Trane Technologies PLC
TABLE 93 Key information – Lennox International, Inc.
TABLE 94 Key Information – Panasonic Corporation
TABLE 95 Key Information –Samsung Electronics Co., Ltd.
TABLE 96 Key Information – Johnson Controls International PLC
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2016, Jan – 2019, Nov) Leading Players
FIG 5 Recent strategies and developments: Daikin Industries, Ltd.
FIG 6 SWOT Analysis: Daikin Industries. Ltd.
FIG 7 Recent strategies and developments: Toshiba Corporation
FIG 8 SWOT Analysis: Toshiba Corporation
FIG 9 Recent strategies and developments: Mitsubishi Electric Corporation
FIG 10 SWOT Analysis: Mitsubishi Electric Corporation
FIG 11 SWOT Analysis: Fujitsu Limited
FIG 12 Recent strategies and developments: Trane Technologies PLC
FIG 13 Recent strategies and developments: Panasonic Corporation
FIG 14 SWOT Analysis: Panasonic Corporation
FIG 15 Recent strategies and developments: Samsung Electronics Co., Ltd.
FIG 16 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 17 Recent strategies and developments: Johnson Controls International PLC
FIG 18 swot analsyis: Johnson controls international plc