Market Forecast By Components (Outdoor Units and Indoor Units, Control Systems & Accessories), By Compressors (Air Cooled and Water Cooled), By System Types (Heat Pump System, Air-Source, Ground-Source, Absorption and Heat Recovery System), By Applications (Commercial, Residential and Others), By Countries (Germany, France, Italy, Spain, United Kingdom and Rest of Europe) and Competitive Landscape
Product Code: ETC000734 | Publication Date: Aug 2019 | Updated Date: Apr 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
The Europe VRF Market is rising well owing to the system’s eco-friendly and energy-efficient features and this trend is anticipated to continue since more property owners in the region adopt this technology. The rise in demand for systems with enhanced heat recovery potentials is amongst the key developments in the sector. Heat recovery enables waste heat from one part of the building to be used elsewhere by decreasing costs and energy consumption. Manufacturers in the VRF Market in Europe offer small-size systems that are suitable for residential properties, that have conventionally been dominated by small split air conditioning units and this shift makes it easy for homeowners to enjoy the advantages of these systems without any requirement for large-scale equipment. Moreover, software technology advancements enabled remote control and monitoring of HVAC systems via mobile devices, giving users the ability to manage cooling and heating as per their needs. Manufacturers are focusing on sustainability features like refrigerant leak detection technologies which decrease the impact on the environment while also enhancing safety standards. These developments in the market are stimulating the Europe VRF Market Growth.
Growing consumer awareness towards energy saving in the HVAC industry, a rise in the construction market and expansion of the hospitality and retail sectors would fuel the VRF market in the European region. In Europe centralized air conditioning market, chillers have captured a major share, however, over the next six years, the VRF segment is expected to gain momentum on the back of its lower energy consumption.
According to 6Wresearch, the Europe VRF Market size is anticipated to register growth during 2019-2025. By component market, Europe VRF market revenue is led by outdoor units and would continue to dominate over the forecast period. Further, in the Europe market, France generated significant market revenues in 2018 and the market would be primarily expected to be driven by countries such as Italy and Spain over the next six years.
Commercial application is the leading revenue-contributing application and would be the front runner in generating key revenues of the overall Europe VRF Market due to the expansion of commercial buildings and expected investments in the commercial sector.
The Europe VRF market report thoroughly covers the market by component, system type, application, regions and key countries. The Europe VRF market outlook report provides an unbiased and detailed analysis of the ongoing Europe VRF market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The size of the market is continuously growing as there are many factors supporting the growth of the market in the region. Growing consumer awareness towards energy saving in the HVAC industry, a rise in the construction market and expansion of the hospitality and retail sectors would fuel the VRF market in the European region. Manufacturers are focusing on sustainability features like refrigerant leak detection technologies which decrease the impact on the environment while also enhancing safety standards. Manufacturers play a crucial role in the growing Europe VRF Market Share.
There are many players operating in the sector and the number will continue to increase. Some leading players in the sector are:
The Europe VRF Market report provides a detailed analysis of the following market segments:
o Heat Pump System
■ Air-Source
■ Ground-Source
■ Absorption
o Heat Recovery System
1 Executive Summary |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe VRF Market Overview |
3.1 Europe VRF Market Revenues & Volume, 2015-2025F |
3.2 Europe VRF Market Revenue Share, By Compressors, 2018 & 2025F |
3.3 Europe VRF Market Revenue Share, By Components, 2018 & 2025F |
3.4 Europe VRF Market Revenue Share, By System Types, 2018 & 2025F |
3.5 Europe VRF Market Revenue Share, By Applications, 2018 & 2025F |
3.6 Europe VRF Market Revenue Share, By Regions, 2018 & 2025F |
3.7 Europe VRF Market Industry Life Cycle |
3.8 Europe VRF Market- Porter's Five Forces, 2018 |
4 Europe VRF Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe VRF Market Trends |
6 Europe VRF Market Overview, By Components |
6.1 Europe VRF Market Revenues & Volume, By Outdoor Units, 2015-2025F |
6.2 Europe VRF Market Revenues & Volume, By Indoor Units, 2015-2025F |
6.3 Europe VRF Market Revenues & Volume, By Control Systems and Accessories, 2015-2025F |
7 Europe VRF Market Overview, By System Types |
7.1 Europe VRF Market Revenues & Volume, By Heat Pump Systems, 2015-2025F |
7.1.1 Europe VRF Market Revenues & Volume, By Air-Source, 2015-2025F |
7.1.2 Europe VRF Market Revenues & Volume, By Ground-Source, 2015-2025F |
7.1.3 Europe VRF Market Revenues & Volume, By Absorption, 2015-2025F |
7.2 Europe VRF Market Revenues & Volume, By Heat Recovery Systems, 2015-2025F |
8 Europe VRF Market Overview, By Applications |
8.1 Europe VRF Market Revenues & Volume, By Commercial, 2015-2025F |
8.2 Europe VRF Market Revenues & Volume, By Residential, 2015-2025F |
8.3 Europe VRF Market Revenues & Volume, By Others, 2015-2025F |
9 Germany VRF Market Overview |
9.1 Germany VRF Market Revenues & Volume, 2015-2025F |
9.2 Germany VRF Market Revenues and Volume, By Components, 2015-2025F |
9.3 Germany VRF Market Revenues and Volume, By System Types, 2015-2025F |
9.4 Germany VRF Market Revenues and Volume, By Compressor Types, 2015-2025F |
9.5 Germany VRF Market Revenues and Volume, By Applications, 2015-2025F |
10 France VRF Market Overview |
10.1 France VRF Market Revenues & Volume, 2015-2025F |
10.2 France VRF Market Revenues and Volume, By Components, 2015-2025F |
10.3 France VRF Market Revenues and Volume, By System Types, 2015-2025F |
10.4 France VRF Market Revenues and Volume, By Compressors, 2015-2025F |
10.5 France VRF Market Revenues and Volume, By Applications, 2015-2025F |
11 Italy VRF Market Overview |
11.1 Italy VRF Market Revenues & Volume, 2015-2025F |
11.2 Italy VRF Market Revenues and Volume, By Components, 2015-2025F |
11.3 Italy VRF Market Revenues and Volume, By System Types, 2015-2025F |
11.4 Italy VRF Market Revenues and Volume, By Compressor Types, 2015-2025F |
11.5 Italy VRF Market Revenues and Volume, By Applications, 2015-2025F |
12 United Kingdom VRF Market Overview |
12.1 United Kingdom VRF Market Revenues & Volume, 2015-2025F |
12.2 United Kingdom VRF Market Revenues and Volume, By Components, 2015-2025F |
12.3 United Kingdom VRF Market Revenues and Volume, By System Types, 2015-2025F |
12.4 United Kingdom VRF Market Revenues and Volume, By Compressors, 2015-2025F |
12.5 United Kingdom VRF Market Revenues and Volume, By Applications, 2015-2025F |
13 Spain VRF Market Overview |
13.1 Spain VRF Market Revenues & Volume, 2015-2025F |
13.2 Spain VRF Market Revenues and Volume, By Components, 2015-2025F |
13.3 Spain VRF Market Revenues and Volume, By System Types, 2015-2025F |
13.4 Spain VRF Market Revenues and Volume, By Compressors, 2015-2025F |
13.5 Spain VRF Market Revenues and Volume, By Applications, 2015-2025F |
14 Rest of Europe VRF Market Overview |
14.1 Rest of Europe VRF Market Revenues & Volume, 2015-2025F |
15 Europe VRF Market Opportunity Assessment |
15.1 Europe VRF Market Opportunity Assessment, By Components, 2025F |
15.2 Europe VRF Market Opportunity Assessment, By System Types, 2025F |
15.3 Europe VRF Market Opportunity Assessment, By Compressor, 2025F |
15.4 Europe VRF Market Opportunity Assessment, By Application, 2025F |
16 Europe VRF Market Competitive Landscape |
16.1 Europe VRF Market Revenue Share, By Companies, 2018 |
16.1.1 Germany VRF Market Revenue Share, By Companies, 2018 |
16.1.2 France VRF Market Revenue Share, By Companies, 2018 |
16.1.3 Italy VRF Market Revenue Share, By Companies, 2018 |
16.1.4 United Kingdom VRF Market Revenue Share, By Companies, 2018 |
16.1.5 Spain VRF Market Revenue Share, By Companies, 2018 |
16.2 Europe VRF Market Competitive Benchmarking, By Operating Parameters |
17 Company Profiles |
18 Strategic Recommendations |
19 Disclaimer |