Global Variable Refrigerant Flow System Market Size & Outlook
Global variable refrigerant flow system market, 2018-2030 (US$M)
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Global variable refrigerant flow system market highlights
- The global variable refrigerant flow system market generated a revenue of USD 17,871.0 million in 2023 and is expected to reach USD 35,969.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.5% by 2030.
- In terms of segment, heat pump accounted for a revenue of USD 17,871.0 million in 2023.
- Heat Pump is the most lucrative system type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 17,871.0 million |
| Market revenue in 2030 | USD 35,969.0 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Heat pump |
| Fastest growing segment | Heat Pump |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Heat Pump |
Other key industry trends
- In terms of revenue, the North America accounted for 17.8% of the global variable refrigerant flow system market in 2023.
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Variable Refrigerant Flow System Market Scope
Variable Refrigerant Flow System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global variable refrigerant flow system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to variable refrigerant flow system market will help companies and investors design strategic landscapes.
Heat pump was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global variable refrigerant flow system market based on heat pump covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Variable Refrigerant Flow System System Type Outlook (Revenue, USD Million, 2018-2030)
- Heat Pump
- Heat Recovery System
- Global Variable Refrigerant Flow System Capacity Outlook (Revenue, USD Million, 2018-2030)
- Up to 10 Tons
- 11 to 18 Tons
- 19 to 26 Tons
- Above 26 Tons
- Global Variable Refrigerant Flow System End Use Outlook (Revenue, USD Million, 2018-2030)
- Commercial
- Residential
- Industrial
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Horizon Databook provides a detailed overview of global-level data and insights on the Global variable refrigerant flow system market , including forecasts for subscribers. This global databook contains high-level insights into Global variable refrigerant flow system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global variable refrigerant flow system market size, by regions, 2018-2030 (US$M)
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