VRF/GHP
2.8 Australia
Over the last 10 years, VRF systems have been increasingly preferred in Australia over chillers for their higher efficiency. The market scale of VRF in 2014 is estimated at 10,500 units. The gr...
2.7 Latin America
The Latin American VRF market enjoyed double-digit growth in 2014 to reach a market volume of 23,100 units. Heat pump types dominated the market, with weak demand for cooling-only VRF and heat recover...
2.6 South Korea
The market for VRF in Korea has expanded along with increased demand for cooling more than one room per residence. Recently, a high-rise apartment construction boom has created demand for VRF systems for residential applications. Manufacturers have widened their VRF portfolios to accommodate this demand. The VRF market has seen brisk development over the last several years in Korea. Its mar...
2.5 India
VRF takes a large share of commercial projects in India and demand in 2014 is estimated at 25,500 units. Its most common application is multi-story residential buildings, followed by office buildings ...
2.4 United States
With their energy efficiency, individual zone control, and ease of installation, VRF systems are expanding their application in the residential, light commercial, and commercial fields and attracting ...
2.3 Japan
Japan is the birthplace of VRF and has the second-largest market scale in the world after China. According to JRAIA, Japanese VRF market scale was 134,000 units in 2014, increase by 10.7% from 2013. &...
2.2 Europe
European VRF market scale was less than 116,000 units in 2014, almost the same level as 2013. Japanese manufacturers began selling VRF systems in Europe in the 1980s and successfully establishe...
2.1 China
China’s VRF market scale came to 754,000 units in 2014, an increase of 30.0% over 2013. VRFs have maintained rapid growth in China over the last 10 years, but this growth has started to slow along wit...
2. World VRF Market
JARN estimates that the world market size of electrically driven VRF systems surpassed 1.22 million units in 2014 on an outdoor unit basis. The global VRF market continues to grow, and its annual grow...
Beijer Ref expands OEM division
25 May 2015 FRANCE: SCM Ref France is the latest manufacturing operation to join wholesaler Beijer Ref’s OEM division. SCM Ref France, based in Lyon, will focus on the manufacture and sales of ...