U.S. Commercial Air Conditioning Systems (VRF) Market to Reach USD 10,251.3 million by 2019: Transparency Market Research

 U.S. Commercial Air Conditioning Systems (VRF) Market to Reach USD 10,251.3
                million by 2019: Transparency Market Research

  PR Newswire

  ALBANY, New York, July 2, 2014

ALBANY, New York, July 2, 2014 /PRNewswire/ --

According to a new market report "Commercial Air Conditioning Systems (VRF)
Market - U.S. Industry Analysis, Size, Share, Growth, Trends and Forecast,
2013 - 2019," published by Transparency Market Research, the market for
commercial air conditioning systems in U.S. is forecast to reach USD 10,251.3
million by 2019. Some of the factors responsible for growth of commercial air
conditioning systems market are climate variations (rise in global temperature
and temperature extremities) and rising acceptance of variable refrigerant
flow (VRF) air conditioning systems in North America. Improvements in air
conditioning technology and rising demand for energy efficient models in
developed region of North America are further supporting the market growth.

Browse the full U.S. Commercial Air Conditioning Systems (VRF) Market report
at
http://www.transparencymarketresearch.com/commercial-air-conditioning-systems-market.html

U.S. commercial air conditioning systems market was valued at USD 7,251.7
million in 2012. The market revenue is anticipated to grow at a CAGR of 5.2%
from 2013 to 2019 recording corresponding volume CAGR of 1.9% for the same
period. The market is segmented by products into split systems, single
packaged systems, window systems, portable systems and other systems. Among
these product types, split systems and single packaged systems are emerging as
promising segments, with both collectively accounted for approximately 77.4%
of market revenue share in 2012. The main reason contributing to growth of
split systems is the rising usage of non-ducted systems owing to their
flexibility, easy installation and energy efficiency provided by them.

Commercial air conditioning systems find their application in private, public
and industrial sectors. Among these sectors highest revenue share, amounting
to 48.8%, was contributed by the private sector in 2012 owing to an increased
private spending on improvements of 'building and energy systems' and new
constructions. Amongst the refrigeration technologies which include VRF and
others, VRF technology is being preferred for buildings with varied cooling
requirements, due to its reliability, safety, flexibility and comfort. As a
result, VRF systems are expected to record faster growth as compared to other
systems. The demand for VRF systems is further affecting the demand for indoor
and outdoor units, largely determined by size of the plant/space requiring air
conditioning. However, with outdoor units subjected to high loads and frequent
maintenance, they are expected to see faster revenue and volume growth.
Outdoor units accounted for less than a third of VRF air conditioning systems
market volume in 2012.

The U.S. commercial air conditioning systems market was dominated by players
such as Mitsubishi Electric Corporation, Fujitsu General Pty Ltd., and United
Technologies Corporation (Carrier Corporation). These three companies
collectively contributed to more than 50% of the market share in 2012.

This report analyzes the U.S. commercial air conditioning systems market in
terms of revenue (USD million) and volume (million units). The market has been
segmented as follows:

U.S. Commercial Air Conditioning Systems Market, By Product 

  *Split Systems
  *Ducted
  *Non-ducted
  *Single packaged systems
  *Window systems
  *Portable systems
  *Others

U.S. Commercial Air Conditioning Systems Market, By Applications 

  *Private
  *Public
  *Industrial

Browse the full U.S. Commercial Air Conditioning Systems (VRF) Market report
at
http://www.transparencymarketresearch.com/commercial-air-conditioning-systems-market.html

U.S. Commercial Air Conditioning Systems Market, By Refrigeration Technology 

  *VRF (variable refrigerant flow)
  *By application
  *Private
  *Public
  *Industrial
  *By Components
  *Indoor units
  *Outdoor units
  *Others

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