LATIN AMERICA
2018-05-29
The Latin American VRF market increased to 31,100 units in 2017. Brazil maintained its position as Latin America’s largest VRF market, followed by Mexico, Argentina, Colombia, and Peru. In the last several years, the Brazilian market has not been per-forming very strongly. The Mexican market is relatively stable and shows high potential compared with other Latin American markets, and has been receiving greater attention accordingly.
