China’s VRF Market Slows in the First Half of 2018

In the first half of 2018, the variable refrigerant flow (VRF) market in China has been shifting from a developmental to a mature stage. In particular, VRF systems for residential applications confronted a bottle-neck period in their development. Of them, mini-VRF systems, which had been growing dramatically in the home decoration market, now experienced stagnation in sales.