VRF/GHP
Indonesia
The Indonesian VRF market in 2017 increased to 7,400 units. Because of an economic depression, the commercial VRF market is declining as large projects such as office buildings are less numerous. Howe...
Singapore
The VRF market in Singapore is dominated by commercial applications such as office buildings. The Singapore government purchases multi-splits instead of mini-VRFs for its public housing projects, than...
SE ASIA
The Southeast Asian VRF market of seven countries, namely Vietnam, Singapore, Indonesia, Thailand, Malaysia, the Philippines, and Myanmar, recorded sales of 58,000 units in 2017, an 10.8% increase com...
JARN Interviewed Hisense VRF Vietnam
On 19th May, Mr. Keisho Ka, president of JARN, interviewed the Hisense VRF management team at its Vietnam Office. After visiting Hisense's showroom, training center, service center and on-hand ope...
UAE Customers Have a Nice Trip in Hisense
2018-05-19, “Hisense Trip”, as a very important way for potential customers to know Hisense, had reached a new heights in April. This months, three groups of distinguished guests, from UAE...
Vietnam
As Vietnam has undergone sharp economic growth, the number of projects installing VRF has risen. Demand is centered in Ho Chi Minh, where there are many midrise office buildings whose size is suited t...
JAPAN
Japan is the birthplace of VRF and has the second-largest market scale in the world after China. According to JRAIA, VRF shipments in Japan reached 134,800 units in 2017, a 3.7% increase compared with...
Others
The VRF market in Eastern Europe is marking steady growth. In addition to Japanese and South Korean players, Chinese companies are also emerging on the scene. Chinese manufacturers position Eastern Europe as a priority market for their VRF products and are increasing their product exports. The entire Eastern European VRF market excluding Russia rose by 20% in 2017 compared with 2016. Pola...
Russia
According to the IMF, Russia’s GDP growth rate came to 1.7% in 2017. This is the first positive growth recorded since 2014. The economy was fairly stable in 2017, and investment related to the 2018 FIFA World Cup helped add to VRF demand. Russia’s VRF market increased to 7,000 units in 2017. As long as Russian politics stay stable, substantial growth is expected in 2018. Daiki...
Turkey
Political stability has helped usher in a greater number of government-led projects. The summer of 2017 also saw heat waves, and VRF demand even in the residential sector is posting steady recovery. ...