The simplest explanation of Variable refrigerant flow is to describe it as a large-scale ductless HVAC system that can perform at a high capacity. The specific design of a Variable refrigerant flow system varies based on application. In general, Variable refrigerant flow technology provides the ability for multiple indoor units or zones to operate on the same system. Variable refrigerant flow systems can either be a heat pump system or a heat recovery system, which provides simultaneous heating and cooling.
Highlights
The global HVAC Variable Refrigerant Flow market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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