A new Transparency Market Research report states that the U.S. commercial air conditioning systems (VRF) market. stood at US$7,251.7 mn in 2012 and is anticipated to reach US$10,251.3 mn by 2019, expanding at a CAGR of 5.20% from 2013 to 2019. The report is titled “Commercial Air Conditioning Systems (VRF) Market - U.S. Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.”
Browse the full Commercial Air Conditioning Systems (VRF) Market - U.S. Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/commercial-air-conditioning-systems-market.html
Air conditioning is a process that alters properties of air to more comfortable conditions with the aim of distributing conditioned air into an occupied space such as a vehicle or a building for enhancing the indoor air quality and thermal comfort. Air conditioning systems are installed to perform these functions. These systems are available in numerous types such as individual systems, split systems, variable refrigerant flow (VRF) systems, centralized chilled water systems, and water-cooled packaged systems, among others. Amongst these, the VRF commercial air conditioning systems are majorly being used in the U.S due to the rising demand from the commercial sector.
VRF commercial air conditioning systems is a heating, ventilating, and air conditioning technology (HVAC) technology, which utilizes refrigerant as a heating and cooling medium. A single outdoor condensing unit is utilized for conditioning this refrigerant and is circulated inside a building to a number of fan-coil units (FCUs). VRFs are installed along with an air conditioner inverter for adding a direct current (DC) inverter to the compressor for supporting the variable motor speed and the variable refrigerant flow.
According to the report, the rising preference for VRF commercial air conditioning systems in North America and the stringent regulations posed by the government in the U.S. are amongst the prime factors supporting the growth of the market in the U.S. In addition, benefits such as cost reduction and energy-efficiency provided by VRF commercial air conditioning systems also impact the market positively. Furthermore, the changing climate within the U.S is also driving the demand for these systems, hence propelling the market’s growth. On the other hand, factors such as the complex installation procedure involved in these systems and the low awareness amongst individuals on their benefits may pose a negative impact on the development of the market in the U.S.
On the basis of product, the U.S. commercial air conditioning market is segmented into split systems, single packages systems, portable systems, window systems, and others. The segment of split systems is further segmented into non-ducted and ducted split systems. Amongst these, split systems led the market in 2012 owing to the increasing use of non-ducted systems because of their easy installation and flexibility.
By application, the report segments the U.S. commercial air conditioning market is segmented into public, private, and industrial. By application, the U.S. VRF commercial air conditioning systems market is segmented into U.S. private VRF commercial air conditioning systems, U.S. public VRF commercial air conditioning systems, and U.S industrial VRF commercial air conditioning systems.
By component, the report segments the U.S VRF commercial air conditioning systems market into U.S VRF outdoor units commercial air conditioning systems and U.S. VRF indoor units commercial air conditioning systems
By refrigeration, the U.S. commercial air conditioning market is segmented into U.S. commercial air conditioning systems market, U.S. VRF commercial air conditioning systems market, and U.S. other commercial air conditioning systems market.
As per the report, the chief players operating in the U.S commercial air conditioning systems market are Controls and Security Unit (Carrier), Haier Inc., Panasonic Corporation, Samsung Electronics, and LG Corporation, among others.
U.S. Commercial Air Conditioning Market Segmentation:
U.S. Commercial Air Conditioning Systems Market, by Product
- Split Systems
- Single packaged systems
- Window systems
- Portable systems
U.S. Commercial Air Conditioning Systems Market, By Applications
U.S. Commercial Air Conditioning Systems Market, By Refrigeration Technology
- VRF (variable refrigerant flow)
- By application
- By Components
- Indoor units
- Outdoor units
- By application
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