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OVERVIEW

1:World VRF Market – 2020 Update: 1 OVERVIEW

World VRF Market – 2020 Update: 1 OVERVIEW

According to JARN’s database, based on outdoor units, the global variable refrigerant flow (VRF) system market has reached 1.86 million units. The growth rate of VRFs was only 4.9% because of a persistently sluggish economy, but mini-VRFs for homes and small offices continued to maintain a high growth rate, with an increase rate of 8.6%. Compared with other types of air conditioning, VRF is

OVERVIEW

1:World VRF Market – 2020 Update: 1 OVERVIEW

According to JARN’s database, based on outdoor units, the global variable refrigerant flow (VRF) system market has reached 1.86 million units. The growth rate of VRFs was only 4.9% because of a ...

2.1:2.1 CHINA

In 2019, China’s VRF system market including residential and commercial systems grew by 3.8% year on year, with a total sales volume of million units. Among them, the commercial VRF market exper...

2.2:2.2 EUROPE

Growth of the European economy showed initial signs of stability in 2019. Weakness and uncertainty in international trade affected manufacturing, but strong growth was seen in the services and constru...

2.3:2.3 JAPAN

Japan’s actual economic growth rate was only 0.9% in 2019. The number of new apartments built declined, down by 16.3% in 2019 from the same period in 2018. This is the lowest level since 1992. ...

2.4:2.4 SE ASIA

In 2019, the overall situation of Southeast Asia’s economy was good. It is generally believed that the overall GDP of Southeast Asia grew by 5.2% in 2019. The Southeast Asian market is one of...

2.5:2.5 NORTH AMERICA

In 2019, the U.S. economy marked its longest recovery period since the Lehman Brothers bankruptcy in 2008. After the Obama administration, it continued to perform well, partly thanks to the effects of...

 
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