미국의 VRF 시스템 시장 규모 및 예측, 세계 및 지역별 점유율, 동향, 성장 기회 분석 보고서 : 구성요소별, 시스템 유형별, 용도별, 지역별

The US VRF System Market size was valued at US$ 2.08 million in 2023 and is expected to reach US$ 4.90 billion by 2031. The US VRF System Market is estimated to record a CAGR of 11.3% from 2023 to 2031.

The rapid urbanization and development of commercial, industrial, and residential projects drive the VRF systems market growth in the US. Compact size and flexibility are among the prominent advantages of these systems, owing to which they don't need large maintenance rooms or service shafts. Since VRF systems do not require ducts and use relatively small air handlers, they provide more flexibility for handler locations. Moreover, they don't need distribution fans and large pipes for the circulation of fluids and water pumps. These systems have compact air handlers, which are quieter and smaller than those associated with large central units and extensive ductwork. Thus, residential and commercial buildings will not experience loud AC noise disrupting business. These advantages propel the demand for VRF systems in commercial, residential, and industrial buildings across the US.

The US government provides incentives to encourage the use of renewable resources and promote practices contributing to energy efficiency. The government emphasizes on monitoring HVAC system performance at regular intervals in response to rising concerns about global warming. Standardizing production procedures of HVAC systems and their components, such as VRF systems, i.e., the supply side, has significantly mitigated environmental risks and reduced the burden posed by efficiency criteria on the demand side. According to the US Energy Information Administration's report, projected changes in cooling degree days in the US are expected to drive a 71% increase in household cooling demand by 2050. Commercial buildings are projected to see a 30% increase in cooling demand over the same period. In March 2023, the US finalized new energy efficiency standards for room air conditioners. These standards will go into effect in 2026 and are expected to result in reduced home electricity bills and carbon pollution. The VRF systems are widely used in such cases. Thus, global warming and the resulting harsh climatic conditions, the continuously growing real estate sector, and the desire for energy-efficient equipment contribute to the US VRF system market growth.

Based on system type, the market is categorized into heat pump, heat recovery, and cooling only. The heat pump segment held the largest US VRF System Market share in 2023. Heat pump VRF systems are the most common type and can either heat or cool a building, but they can't perform both of these functions simultaneously. In the heating mode, the system extracts heat from the outdoor air and transfers it indoors via the refrigerant. In cooling mode, it reverses the process, removing heat from the indoor air and releasing it outside. These systems are ideal for environments where heating or cooling is needed one at a time throughout the building. For instance, these are used in office buildings, retail spaces, and residential buildings where different areas typically require uniform temperature settings. Heat pump systems are energy-efficient due to the use of a variable-speed compressor that adjusts the refrigerant flow based on demand. Moreover, they are simple to install and maintain compared to more complex VRF systems.

FUJITSU GENERAL, Daikin Industries Ltd, Carrier Global Corp., LG Electronics Inc., Panasonic Holdings Corp., Samsung Electronics Co Ltd., Mitsubishi Electric Corp., Lennox International Inc., Trane Technologies Plc, and Robert Bosch GmbH are among the prominent players profiled in the US VRF System Market report. Several other major players were also studied and analyzed in the US VRF System Market report to get a holistic view of the market and its ecosystem.

The overall US VRF System Market share has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the US VRF System Market. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the US VRF System Market.

Table Of Contents

1. Introduction

• 1.1 The Insight Partners Research Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Insights

3. Research Methodology

• 3.1 Secondary Research
• 3.2 Primary Research
  • 3.2.1 Hypothesis formulation:
  • 3.2.2 Macro-economic factor analysis:
  • 3.2.3 Developing base number:
  • 3.2.4 Data Triangulation:
  • 3.2.5 Country level data:

4. US VRF System Market Landscape

• 4.1 Overview
• 4.2 PEST Analysis
  • 4.2.1 4.3.1 List of Vendors in Value Chain

5. US VRF System Market - Key Market Dynamics

• 5.1 US VRF System Market - Key Market Dynamics
• 5.2 Market Drivers
  • 5.2.1 Pressing Need for Energy Efficiency and Conservation
  • 5.2.2 Diversifying Applications Across Various Industries
• 5.3 Market Restraints
  • 5.3.1 Elevated Upfront Costs
• 5.4 Market Opportunities
  • 5.4.1 Pipeline of High-End Construction Projects
  • 5.4.2 Explicit Regulatory Standards
• 5.5 Market Trends
  • 5.5.1 Pairing Building Automation and VRF Systems
• 5.6 Impact of Drivers and Restraints:

6. US VRF System Market Analysis

• 6.1 US VRF System Market Revenue (US$ Million), 2021-2031
• 6.2 US VRF System Market Forecast and Analysis

7. US VRF System Market Analysis - by Component

• 7.1 Indoor Units
  • 7.1.1 Overview
  • 7.1.2 Indoor Units: US VRF System Market - Revenue and Forecast to 2031 (US$ Million)
• 7.2 Outdoor Units
  • 7.2.1 Overview
  • 7.2.2 Outdoor Units: US VRF System Market - Revenue and Forecast to 2031 (US$ Million)
• 7.3 Control Systems and Accessories
  • 7.3.1 Overview
  • 7.3.2 Control Systems and Accessories: US VRF System Market - Revenue and Forecast to 2031 (US$ Million)

8. US VRF System Market Analysis - by System Type

• 8.1 Heat Pump
  • 8.1.1 Overview
  • 8.1.2 Heat Pump: US VRF System Market - Revenue and Forecast to 2031 (US$ Million)
• 8.2 Heat Recovery
  • 8.2.1 Overview
  • 8.2.2 Heat Recovery: US VRF System Market - Revenue and Forecast to 2031 (US$ Million)
• 8.3 Cooling Only
  • 8.3.1 Overview
  • 8.3.2 Cooling Only: US VRF System Market - Revenue and Forecast to 2031 (US$ Million)

9. US VRF System Market Analysis - by Applications

• 9.1 Commercial
  • 9.1.1 Overview
  • 9.1.2 Commercial: US VRF System Market - Revenue and Forecast to 2031 (US$ Million)
• 9.2 Industrial
  • 9.2.1 Overview
  • 9.2.2 Industrial: US VRF System Market - Revenue and Forecast to 2031 (US$ Million)
• 9.3 Residential
  • 9.3.1 Overview
  • 9.3.2 Residential: US VRF System Market - Revenue and Forecast to 2031 (US$ Million)

10. Competitive Landscape

• 10.1 Company Positioning & Concentration
• 10.2 Heat Map Analysis By Key Players

11. Industry Landscape

• 11.1 Overview
• 11.2 Market Initiative
• 11.3 Product Development
• 11.4 Mergers & Acquisitions

12. Company Profiles

• 12.1 FUJITSU GENERAL
  • 12.1.1 Key Facts
  • 12.1.2 Business Description
  • 12.1.3 Products and Services
  • 12.1.4 Financial Overview
  • 12.1.5 SWOT Analysis
  • 12.1.6 Key Developments
• 12.2 Daikin Industries Ltd
  • 12.2.1 Key Facts
  • 12.2.2 Business Description
  • 12.2.3 Products and Services
  • 12.2.4 Financial Overview
  • 12.2.5 SWOT Analysis
  • 12.2.6 Key Developments
• 12.3 Carrier Global Corp
  • 12.3.1 Key Facts
  • 12.3.2 Business Description
  • 12.3.3 Products and Services
  • 12.3.4 Financial Overview
  • 12.3.5 SWOT Analysis
  • 12.3.6 Key Developments
• 12.4 LG Electronics Inc
  • 12.4.1 Key Facts
  • 12.4.2 Business Description
  • 12.4.3 Products and Services
  • 12.4.4 Financial Overview
  • 12.4.5 SWOT Analysis
  • 12.4.6 Key Developments
• 12.5 Panasonic Holdings Corp
  • 12.5.1 Key Facts
  • 12.5.2 Business Description
  • 12.5.3 Products and Services
  • 12.5.4 Financial Overview
  • 12.5.5 SWOT Analysis
  • 12.5.6 Key Developments
• 12.6 Samsung Electronics Co Ltd
  • 12.6.1 Key Facts
  • 12.6.2 Business Description
  • 12.6.3 Products and Services
  • 12.6.4 Financial Overview
  • 12.6.5 SWOT Analysis
  • 12.6.6 Key Developments
• 12.7 Mitsubishi Electric Corp
  • 12.7.1 Key Facts
  • 12.7.2 Business Description
  • 12.7.3 Products and Services
  • 12.7.4 Financial Overview
  • 12.7.5 SWOT Analysis
  • 12.7.6 Key Developments
• 12.8 Lennox International Inc
  • 12.8.1 Key Facts
  • 12.8.2 Business Description
  • 12.8.3 Products and Services
  • 12.8.4 Financial Overview
  • 12.8.5 SWOT Analysis
  • 12.8.6 Key Developments
• 12.9 Trane Technologies Plc
  • 12.9.1 Key Facts
  • 12.9.2 Business Description
  • 12.9.3 Products and Services
  • 12.9.4 Financial Overview
  • 12.9.5 SWOT Analysis
  • 12.9.6 Key Developments
• 12.10 Robert Bosch GmbH
  • 12.10.1 Key Facts
  • 12.10.2 Business Description
  • 12.10.3 Products and Services
  • 12.10.4 Financial Overview
  • 12.10.5 SWOT Analysis
  • 12.10.6 Key Developments

13. Appendix

• 13.1 About The Insight Partners