Variable refrigerant flow systems (VRF) market in India

Demand for VRF systems in India is estimated at 24,000 units in 2013.
Demand for VRF systems in India is estimated at 24,000 units in 2013. As calculated by cooling capacity, a total capacity of 225.000 kW was reached in the Indian market, showing 15% year-on-year growth.

Based on current economic development, the 2014 outlook is positive and continued market growth is expected at around 15% annually. The sales volume of VRF systems is expected to reach 30,000 units in 2014.


Source: JARN, May 2014