Table of Contents
1 Introduction
1.1 Market Definition
1.1.1 Inclusions and Exclusions
2 Market Overview
2.1 Introduction
2.2 Market Dynamics
2.2.1 VRF System Market Drivers and Their Impact
2.2.1.1 Growing Construction Industry and Easing of Norms of FDI for Construction and Real Estate Sectors
2.2.1.2 High Energy-Saving Potential as Well as Easy and Minimum Maintenance Requirements of VRF Systems
2.2.1.3 Focus of Major Players on Providing Technologically Advanced Refrigerants for Air Conditioning and Heat Pump Solutions
2.2.1.4 Government Incentives Through Tax Credit Programs
2.2.1.5 Regulations and Policies of EU Government Pertaining to Construction Products
2.2.2 VRF System Market Restraints and Their Impact
2.2.2.1 High Installation Cost
2.2.3 VRF System Market Opportunities and Their Impact
2.2.3.1 Significant Opportunities in Developing Countries
2.2.3.2 Increasing Penetration of VRF Systems in Residential and Commercial Applications
2.2.4 VRF System Market Challenges and Their Impact
2.2.4.1 Harmful Environmental Impacts of Refrigerant Leaks
2.2.4.2 Lack of Awareness Regarding VRF Systems in Developing Countries
2.3 Impact of Covid-19 on VRF System Market
2.4 Value Chain Analysis
Figure 1 Major Value is Added By Manufacturers, System Integrators, and Consultants of VRF System
3 Company Evaluation Quadrant
3.1 Visionary Leaders
3.2 Innovators
3.3 Dynamic Differentiators
3.4 Emerging Companies
Figure 2 VRF System Market (Global) Company Evaluation Quadrant
3.5 Strength of Product Portfolio (For 25 Companies)
Figure 3 Product Portfolio Analysis of Top Players in VRF System Market
3.6 Business Strategy Excellence (For 25 Companies)
Figure 4 Business Strategy Excellence of Top Players in VRF System Market
4 Competitive Landscape
4.1 Overview
Figure 5 Key Developments in VRF System Market (2017 to 2019)
4.2 Market Ranking Analysis: VRF System Market
Figure 6 Ranking of Key Players in VRF System Market, 2019
4.3 Right to Win
4.4 Competitive Situations and Trends
4.4.1 Collaborations, Agreements, and Partnerships
Table 1 Collaborations, Agreements, and Partnerships, 2017–2019
4.4.2 Expansions, Product Launches, and Developments
Table 2 Expansions, Product Launches and Developments, 2017–2019
4.4.3 Acquisitions
Table 3 Acquisitions, 2017–2019
5 Company Profiles
5.1 Key Players
5.1.1 Daikin
5.1.1.1 Business Overview*
Figure 7 Daikin: Company Snapshot
5.1.1.2 Products Offered*
5.1.1.3 Recent Developments*
5.1.1.4 SWOT Analysis*
5.1.1.5 MnM View*
(*Above sections are present for all of below companies)
5.1.2 Toshiba
Figure 8 Toshiba: Company Snapshot
5.1.3 Mitsubishi Electric
Figure 9 Mitsubishi Electric: Company Snapshot
5.1.4 Midea Group
Figure 10 Midea Group: Company Snapshot
5.1.5 Johnson Controls
Figure 11 Johnson Controls: Company Snapshot
5.1.6 LG Electronics
Figure 12 LG Electronics: Company Snapshot
5.1.7 Fujitsu
Figure 13 Fujitsu: Company Snapshot
5.1.8 United Technologies
Figure 14 United Technologies: Company Snapshot
5.1.9 Ingersoll Rand
Figure 15 Ingersoll Rand: Company Snapshot
5.1.10 Lennox
Figure 16 Lennox: Company Snapshot
5.1.11 Panasonic
Figure 17 Panasonic: Company Snapshot
5.1.12 Samsung Electronics
Figure 18 Samsung Electronics: Company Snapshot
6 Appendix
6.1 Other Significant Players
6.1.1 Nortek
6.1.2 Gree
6.1.3 Emerson
6.1.4 Electrolux
6.1.5 Whirlpool
6.2 Methodology
This report identifies and benchmarks the VRF System market leaders such as Daikin (Japan), Toshiba (Japan), Mitsubishi Electric (Japan), Midea Group (China), and Johnson Controls (US) and evaluates them on the basis of business strategy excellence and strength of product portfolio within the VRF System market ecosystem, combining inputs from various industry experts, buyers, and vendors, and extensive secondary research including annual reports, company press releases, investor presentations, free and paid company databases. They are rated and positioned on a 2x2 matrix, called as ‘Company Evaluation Quadrant,’ and identified as Visionary Leaders, Dynamic Differentiators, Innovators, or Emerging companies.
SAMPLES: