MarketsandMarkets forecasts 11.4% CAGR for VRF market
September 5, 2016
Factors driving the VRF systems market include increasing demand for improved energy-efficient equipment and lower environmental impact due to use of low-GWP (global warming potential) refrigerants, growing construction activities, and increased legislation and energy management initiatives.
The combined business will serve as the exclusive Daikin equipment sales representative in the region
August 26, 2016
HTS New England, the New England division of one of the largest independent commercial HVAC manufacturers’ representatives in North America, announced plans to merge operations with Stebbins-Duffy.
LG Multi-V IV VRF air conditioning systems now certified in all 50 states
August 10, 2016
LG Electronics USA announced that its Multi-V IV variable refrigerant flow (VRF) air-source systems have been certified to exceed California’s stringent seismic building requirements. The company said these air conditioning systems are now certified in all 50 states.
Built to help sales partners, mechanical engineers, and contractors manage design and selection
August 8, 2016
Daikin North America LLC has launched a new interactive, online platform that provides a complete, shareable variable refrigerant volume (VRV) product selection tool, allowing a user to create projects and then select the appropriate equipment and controls.
As the American market becomes more familiar with variable refrigerant flow (VRF) systems, it’s discovering firsthand the technology’s ability to deliver exceptional comfort with lower life cycle costs. Additionally, contractors are touting the ability to perform maintenance on systems individually, allowing them to fix a problem without disrupting the comfort delivered to the remainder of the facility.
The global VRF market is projected to reach approximately $9.65 billion by 2021, registering a compound annual growth rate (CAGR) of 10.8 percent between 2016 and 2021.
VRF systems can achieve up to 30 percent HVAC energy cost savings relative to minimally code-conventional-compliant systems or older inefficient systems across a range of building types, according to the Pacific Northwest National Laboratory. In addition to energy savings, VRF systems offer flexibility, cost-effective installation, and greater comfort for end users.
Factors driving the market include increasing demand for improved energy-efficient equipment
July 25, 2016
The global variable refrigerant flow (VRF) systems market is forecast to reach $24.09 billion by 2022, growing at a compound annual growth rate (CAGR) of 11.4 percent between 2016 and 2022, according to a new report published by MarketsandMarkets.
Structure restored to original 1896 appearance without sacrificing need for modern comfort
July 18, 2016
Renovating the building's large, ornate courtroom was a major challenge. The new HVAC system had to be inconspicuous and extremely quiet to avoid interfering with courtroom proceedings.
The 6-, 8-, 12-, 14-, 16-, and 24-ton VRF heat pump systems feature inverter compressor technology with highly efficient heating function down to minus 13°F ambient air temperature due to scroll compressor and liquid-injection technologies.