The Global Commercial Air Conditioning Systems (VRF) Market size is expected to grow from USD 18221.64 million in 2022 to USD 50894.54 million by 2030, at a CAGR of 13.7% during the forecast period (2023-2030).
Commercial Air Conditioning Systems (VRF) is a Variable Refrigerant Flow, it is a technology used for giving cooling and heating effect to the air within a specific area. Functioning as a precise temperature management tool, this system comprises two heat exchange units positioned externally and internally within a building.