1 Introduction (Page No. – 13)
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology (Page No. – 17)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Breakdown of Primaries
2.1.2.3 Primary Sources
2.1.2.4 Key Industry Insights
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing Market Share By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing Market Share By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary (Page No. – 27)

4 Premium Insights (Page No. – 32)
4.1 Attractive Opportunities in the VRF System Market
4.2 VRF System Market, By Application
4.3 VRF System Market, By Geography
4.4 VRF System Market, By System Type
4.5 VRF System Market, By Component

5 Market Overview (Page No. – 37)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Construction Industry and Easing of Norms of Fdi for Construction and Real Estate Sectors
5.2.1.2 High Energy Saving Potential as Well as Easy and Minimum Maintenance of VRF System
5.2.1.3 Focus of Major Players on Providing Technologically Advanced Refrigerants for Air Conditioning and Heat Pump Solutions
5.2.1.4 Regulations and Policies of Eu Government Pertaining to Construction Products
5.2.2 Restraints
5.2.2.1 High Installation Cost
5.2.3 Opportunities
5.2.3.1 Significant Opportunities in Developing Countries
5.2.3.2 Increasing Penetration of VRF System for Residential Applications
5.2.4 Challenges
5.2.4.1 Essence to Comply With the Safety Standards and Complexities in Designing VRF Systems
5.3 Value Chain Analysis

6 VRF System Market, By Component (Page No. – 43)
6.1 Introduction
6.2 Outdoor Units
6.2.1 Compressors
6.2.2 Inverters
6.2.3 Others
6.2.3.1 Suction Accumulators
6.2.3.2 Liquid Receivers
6.3 Indoor Units
6.3.1 Electronic Expansion Valves
6.3.2 Synchronous Electronic Motors
6.3.3 Others
6.3.3.1 Filters
6.3.3.2 Drain Lines
6.4 Control Systems and Accessories

7 VRF System Market, By System Type (Page No. – 52)
7.1 Introduction
7.2 Heat Pump VRF Systems
7.2.1 Air-Source Heat Pump VRF Systems
7.2.2 Ground-Source Heat Pump VRF Systems
7.2.3 Absorption Heat Pump VRF Systems
7.3 Heat Recovery VRF Systems

8 VRF System Market, By Application (Page No. – 60)
8.1 Introduction
8.2 Commercial Applications
8.2.1 Office Buildings
8.2.2 Retail Stores
8.2.3 Healthcare Facilities
8.2.4 Hospitality Buildings
8.2.5 Educational Buildings
8.2.6 Historical Buildings
8.2.7 Government Buildings
8.3 Residential Buildings
8.4 Others

9 Geographic Analysis (Page No. – 78)
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Turkey
9.3.2 UK
9.3.3 Germany
9.3.4 Russia
9.3.5 Italy
9.3.6 France
9.3.7 Rest of Europe
9.4 APAC
9.4.1 Japan
9.4.2 China
9.4.3 South Korea
9.4.4 India
9.4.5 Australia
9.4.6 Rest of APAC
9.5 Rest of the World
9.5.1 The Middle East
9.5.2 South America
9.5.3 Africa

10 Competitive Landscape (Page No. – 102)
10.1 Introduction
10.2 Market Ranking of Players in the VRF System Market, 2016
10.3 Competitive Situation and Trends
10.3.1 Product Launches and Developments
10.3.2 Acquisitions and Mergers
10.3.3 Partnerships, Agreements, & Collaborations
10.3.4 Expansions

11 Company Profiles (Page No. – 108)
11.1 Introduction
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments,)*
11.2 Daikin Industries
11.3 Johnson Controls
11.4 LG Electronics
11.5 Toshiba
11.6 Fujitsu Group
11.7 Mitsubishi Electric
11.8 Midea Group
11.9 United Technologies
11.10 Ingersoll Rand
11.11 Lennox International
11.12 Panasonic
11.13 Samsung Electronics
11.14 Key Innovators
11.14.1 Gree
11.14.2 Carrier

*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. – 146)
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports
12.7 Author Details

List of Tables (66 Tables)

Table 1 VRF System Market, By Component, 2014–2023 (USD Billion)
Table 2 VRF System Market for Outdoor Units, By Capacity, 2014–2023 (USD Billion)
Table 3 VRF System Market for Outdoor Units, By Capacity, 2014–2023 (Thousand Units)
Table 4 VRF System Market for Outdoor Units, By Region, 2014–2023 ( USD Million)
Table 5 VRF System Market for Indoor Units, By Region, 2014–2023 (USD Million)
Table 6 VRF System Market for Control Systems and Accessories, By Region, 2014–2023 (USD Million)
Table 7 VRF System Market, By System Type, 2014–2023 (USD Billion)
Table 8 VRF System Market, By System Type, 2014–2023 (Thousand Units)
Table 9 VRF Heat Pump System Market, By Region, 2014–2023 (USD Million)
Table 10 VRF Heat Pump System Market, By Application, 2014–2023 (USD Million)
Table 11 VRF Heat Recovery System Market, By Region, 2014–2023 (USD Million)
Table 12 VRF Heat Recovery System Market, By Application, 2014–2023 (USD Million)
Table 13 VRF System Market, By Application, 2014–2023 (USD Million)
Table 14 VRF System Market, By Application, 2014–2023 (Thousand Units)
Table 15 VRF System Market for Commercial Application, By Region, 2014–2023 (USD Million)
Table 16 VRF System Market for Commercial Application, By Region, 2014–2023 (Thousand Units)
Table 17 VRF System Market for Commercial Application, By System Type, 2014–2023 (USD Million)
Table 18 VRF System Market for Commercial Application in North America, By System Type, 2014–2023 (USD Million)
Table 19 VRF System Market for Commercial Application in Europe, By System Type, 2014–2023 (USD Million)
Table 20 VRF System Market for Commercial Application in APAC, By System Type, 2014–2023 (USD Million)
Table 21 VRF System Market for Commercial Application in RoW, By System Type, 2014–2023 (USD Million)
Table 22 VRF System Market for Residential Application, By Region, 2014–2023 (USD Million)
Table 23 VRF System Market for Residential Application, By Region, 2014–2023 (Thousand Units)
Table 24 VRF System Market for Residential Application, By System Type, 2014–2023 (USD Million)
Table 25 VRF System Market for Residential Application in North America, By System Type, 2014–2023 (USD Million)
Table 26 VRF System Market for Residential Application in Europe, By System Type, 2014–2023 (USD Million)
Table 27 VRF System Market for Residential Application in APAC, By System Type, 2014–2023 (USD Million)
Table 28 VRF System Market for Residential Application in RoW, By System Type, 2014–2023 (USD Million)
Table 29 VRF System Market for Other Applications, By Region, 2014–2023 (USD Million)
Table 30 VRF System Market for Other Applications, By Region, 2014–2023 (Thousand Units)
Table 31 VRF System Market for Other Applications, By System Type, 2014–2023 (USD Million)
Table 32 VRF System Market for Other Applications in North America, By System Type, 2014–2023 (USD Million)
Table 33 VRF System Market for Other Applications in Europe, By System Type, 2014–2023 (USD Million)
Table 34 VRF System Market for Other Applications in APAC, By System Type, 2014–2023 (USD Million)
Table 35 VRF System Market for Other Applications in RoW, By System Type, 2014–2023 (USD Million)
Table 36 VRF System Market, By Region, 2014–2023 (USD Billion)
Table 37 VRF System Market, By Region, 2014–2023 (Thousand Units)
Table 38 VRF System Market in North America, By Country, 2014–2023 (USD Million)
Table 39 VRF System Market in North America, By Country, 2014–2023 (Thousand Units)
Table 40 VRF System Market in North America, By Application, 2014–2023 (USD Million)
Table 41 VRF System Market in North America, By Application, 2014–2023 (Thousand Units)
Table 42 VRF System Market in North America, By System Type, 2014–2023 (USD Million)
Table 43 VRF System Market in North America, By System Type, 2014–2023 (Thousand Units)
Table 44 VRF System Market in Europe, By Country, 2014–2023 (USD Million)
Table 45 VRF System Market in Europe, By Country, 2014–2023 (Thousand Units)
Table 46 VRF System Market in Europe, By Application, 2014–2023 (USD Million)
Table 47 VRF System Market in Europe, By Application, 2014–2023 (Thousand Units)
Table 48 VRF System Market in Europe, By System Type, 2014–2023 (USD Million)
Table 49 VRF System Market in Europe, By System Type, 2014–2023 (Thousand Units)
Table 50 VRF System Market in APAC, By Country, 2014–2023 (USD Million)
Table 51 VRF System Market in APAC, By Country, 2014–2023 (Thousand Units)
Table 52 VRF System Market in APAC, By Application, 2014–2023 (USD Million)
Table 53 VRF System Market in APAC, By Application, 2014–2023 (Thousand Units)
Table 54 VRF System Market in APAC, By System Type, 2014–2023 (USD Million)
Table 55 VRF System Market in APAC, By System Type, 2014–2023 (Thousand Units)
Table 56 VRF System Market in RoW, By Region, 2014–2023 (USD Million)
Table 57 VRF System Market in RoW, By Region, 2014–2023 (Thousand Units)
Table 58 VRF System Market in RoW, By Application, 2014–2023 (USD Million)
Table 59 VRF System Market in RoW, By Application, 2014–2023 (Thousand Units)
Table 60 VRF System Market in RoW, By System Type, 2014–2023 (USD Million)
Table 61 VRF System Market in RoW, By System Type, 2014–2023 (Thousand Units)
Table 62 Ranking of Top 5 Players in the VRF System Market, 2016
Table 63 Product Launches and Developments, 2015–2017
Table 64 Acquisition & Mergers, 2015–2017
Table 65 Partnerships, Agreements, and Collaborations, 2015–2017
Table 66 Expansions, 2015–2017

List of Figures (58 Figures)

Figure 1 VRF System Market Segmentation
Figure 2 VRF System Market Segmentation, By Region
Figure 3 VRF System Market: Research Design
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Market Breakdown and Data Triangulation
Figure 7 Assumptions for Research Study
Figure 8 Global VRF System Market Size Estimation in Terms of Value and Volume for the Forecast Period
Figure 9 Outdoor Units to Hold the Largest Size of the VRF System Market By 2023
Figure 10 Commercial Building Application to Account for the Largest Share of the VRF System Market By 2023
Figure 11 VRF Heat Pump Systems to Hold A Major Size of the VRF System Market By 2023
Figure 12 Regional Scenario of the VRF System Market in 2016
Figure 13 VRF System Market for Residential Application Estimated to Grow at the Highest Rate Between 2017 and 2023
Figure 14 US to Dominate the North American VRF Systems Market
Figure 15 VRF System Market for Commercial Application Registered the Largest Shipment in 2016
Figure 16 China Held the Largest Share of the Global VRF System Market in 2016
Figure 17 VRF Heat Pump Systems Held A Larger Market Share in 2016
Figure 18 VRF Heat Pump System Registered Highest Shipment in 2016
Figure 19 Outdoor Units Held the Largest Market Size During Forecast Period
Figure 20 Outdoor Units Registered Highest Shipment for Capacity Range Between 11 and 18 Ton in 2016
Figure 21 Drivers, Restraints, Opportunities, and Threats
Figure 22 Global Construction Spending By Region in 2016
Figure 23 Value Chain Analysis: Maximum Value is Added By Manufacturers, System Integrators, and Consultants
Figure 24 Global VRF System Market, By Component, 2017 vs 2023 (USD Billion)
Figure 25 Market for VRF Systems Having Capacity Above 26 Tons to Grow at the Highest CAGR During the Forecast Period
Figure 26 VRF System Market for Outdoor Units in North America to Grow at the Highest CAGR During the Forecast Period
Figure 27 APAC to Account for the Largest Size of the VRF System Market for Outdoor Units By 2023
Figure 28 APAC to Hold the Largest Size of the VRF System Market for Control Systems and Accessories By 2023
Figure 29 VRF System Market, By System Type, 2017–2023 (USD Billion)
Figure 30 VRF Heat Pump System Market, By Region, 2017 vs 2023 (USD Million)
Figure 31 VRF Heat Pump System Market, By Application, 2017 vs 2023 (USD Million)
Figure 32 VRF Heat Recovery System Market, By Region, 2017 vs 2023 (USD Million)
Figure 33 VRF Heat Recovery System Market, By Application, 2017 vs 2023 (USD Million)
Figure 34 Residential Application Expected to Grow at the Fastest Rate During the Forecast Period
Figure 35 VRF System Market for Commercial Application in North America Expected to Grow at the Highest CAGR During the Forecast Period
Figure 36 Heat Recovery Systems to Hold the Largest Size of the VRF System Market for Commercial Application in Europe By 2023
Figure 37 APAC to Account for the Largest Size of the VRF System Market for Residential Application By 2023
Figure 38 VRF Heat Pump Systems to Hold A Larger Size of the North American Market for Residential Application By 2023
Figure 39 APAC to Hold the Largest Size of the VRF System Market for Other Applications By 2023
Figure 40 Market for VRF Heat Recovery Systems for Other Applications to Grow at A Higher CAGR During the Forecast Period
Figure 41 VRF System Market: Geographic Snapshot (2017–2023)
Figure 42 VRF System Market Snapshot in North America
Figure 43 VRF System Market Snapshot in Europe
Figure 44 VRF System Market Snapshot in APAC
Figure 45 Companies Adopted Product Launches and Developments as Key Growth Strategies Between 2014 and 2017
Figure 46 Geographic Revenue Mix of Top 5 Market Players (2016)
Figure 47 Daikin Industries: Company Snapshot
Figure 48 Johnson Controls: Company Snapshot
Figure 49 LG Electronics: Company Snapshot
Figure 50 Toshiba: Company Snapshot
Figure 51 Fujitsu Group: Company Snapshot
Figure 52 Mitsubishi Electric: Company Snapshot
Figure 53 Midea Group: Company Snapshot
Figure 54 United Technologies: Company Snapshot
Figure 55 Ingersoll Rand: Company Snapshot
Figure 56 Lennox International: Company Snapshot
Figure 57 Panasonic: Company Snapshot
Figure 58 Samsung Electronics: Company Snapshot