Europe Variable Refrigerant Flow System Market Size & Outlook
Europe variable refrigerant flow system market, 2018-2030 (US$M)
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Europe variable refrigerant flow system market highlights
- The Europe variable refrigerant flow system market generated a revenue of USD 4,539.9 million in 2024.
- The market is expected to grow at a CAGR of 10.7% from 2025 to 2030.
- In terms of segment, heat pump was the largest revenue generating system type in 2024.
- Heat Recovery System is the most lucrative system type segment registering the fastest growth during the forecast period.
- Country-wise, Italy is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 4,539.9 million |
| Market revenue in 2030 | USD 8,261.7 million |
| Growth rate | 10.7% (CAGR from 2025 to 2030) |
| Largest segment | Heat pump |
| Fastest growing segment | Heat Recovery System |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Heat Pump, Heat Recovery System |
| Key market players worldwide | Carrier Corporation, Daikin Industries Ltd, Fujitsu Ltd, Haier Smart Home Co Ltd ADR, Blue Star, Hitachi Ltd, Johnson Controls International PLC, LG Electronics Inc ADR, Trane Technologies PLC Class A, Mitsubishi Electric Corp, Rheem Manufacturing, Samsung Electronics Co Ltd |
Other key industry trends
- In terms of revenue, Europe region accounted for 23.6% of the global variable refrigerant flow system market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 16,577.9 million by 2030.
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Variable Refrigerant Flow System Market Scope
Variable Refrigerant Flow System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 65.19% in 2024. Horizon Databook has segmented the Europe variable refrigerant flow system market based on heat pump, heat recovery system covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe variable refrigerant flow system market , including forecasts for subscribers. This continent databook contains high-level insights into Europe variable refrigerant flow system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe variable refrigerant flow system market size, by country, 2018-2030 (US$M)
Europe Variable Refrigerant Flow System Market Outlook Share, 2024 & 2030 (US$M)
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