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3. GHP
GHP Features Gas - engine driven heat pump (GHPs) appeared in 1987 in Japan as equipment for small and middle-size buildings. GHPs have advantages in reducing the power consumption to about 1/10 ...
2.9 Innovative Technology
An inverter and electronic expansion valves are indispensable in the refrigeration cycle of VRF systems. Refrigeration cycles available up through the 1970s combined compression processes in the fixedspeed compressor and expansion processes in the capillary tube or thermal expansion valve. Then, inverter air conditioners designed in the 1980s in Japan varied the speed (number of revolutions) of th...
2.8 Australia
Australian VRF market scale is estimated at 8,900 units in 2013. The commercial VRF market is expected to remain flat while the residential market, especially for mini VRF, should grow at least 15% fo...
2.7 Latin America
The Latin American VRF market enjoyed double-digit growth in 2013 to reach a market volume of 21,400 units. Heat pump types dominated the market, with weak demand for cooling-only VRF and heat recover...
2.6 South Korea
The size of the South Korean VRF market is estimated at 67,600 units in 2013, a 7.3% increase from the previous year. Local manufacturers take 90% of the Korean VRF market, and LG and Samsung’s combined market share reaches 85%. The remaining 10% of the market is taken by Japanese manufacturers. Of them, Toshiba is the leader, followed by Hitachi, Mitsubishi Electric, and MHI. Daikin discon...
2.5 India
Demand for VRF systems in India is estimated at 24,000 units in 2013. As calculated by cooling capacity, a total capacity of 300,000 hp has been reached in the Indian market, showing 15% year-on-year ...
2.4 United States
With their ability to individually control different zones, VRF systems are gradually attracting attention as an energy-efficient alternative to ducted unitary air conditioners and chillers in the Uni...
2.3 Japan
In 2013, Japanese VRF market scale was 121,000 units, marking a 6.9% year-on-year decline mainly due to shrinking government subsidies for energy-saving products. While electric-driven heat pump (EHP) VRF demand fell, gas-driven heat pump (GHP) VRF saw demand expand. Tokyo has been selected to host the 2020 Olympic Games and will ramp up redevelopment projects in the coming years. VRF deman...
2.2 Europe
The European economy appears to have finally hit bottom. Although the contractions in the European air conditioner market were smaller in 2013 than in the previous years, the PAC segment still shrank ...
2.1 China
China is the world’s largest VRF market and has maintained rapid growth for three consecutive years. JARN estimates that China’s VRF market reached 580,000 units in 2013, indicating 38.1% year-on-year...