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Stock impact report

Variable Refrigerant Flow (VRF) Systems Market Set to Reach $41.3 Billion by 2030, as Heat Pump Segments Show Robust Growth [Yahoo! Finance]

Lennox International, Inc. (LII) 
Last lennox international, inc. earnings: 4/20 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Flow (VRF) Systems: Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. Amidst the rapidly evolving global economic landscape, the demand for efficient and advanced climate control solutions is on the rise. The latest analysis reveals that the global market for Variable Refrigerant Flow (VRF) Systems is projected to achieve an impressive valuation, estimated to grow from US$17.6 Billion in 2022 to US$41.3 Billion by the year 2030. This growth trajectory corresponds to a Compound Annual Growth Rate (CAGR) of 11.3% over the forecast period from 2022-2030. In a detailed segmentation of the market, Heat Pump Systems have surfaced as a leading segment, expected to register a growth rate of 12.8% CAGR, thereby reaching around US$29 Billion by the end of the forecast period. The market is benefiting from the recovery phase post-pandemic, with the Heat Recovery Systems segment adapting to a recalibrated growth rate of 8.3% CAGR over the coming eight year Show less Read more
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