VRF/GHP

2018.05.29

CONTRIBUTIONS: RUSSIA

Reported by the Association of Professional Companies in the Industry of Climate (APIC) In 2017, VRF sales in Russia on a volume basis slotted in after Turkey, the United Kingdom, France, and Italy...

2018.05.29

CONTRIBUTIONS: SPAIN

The continuous evolution of VRF systems and their great possibilities in terms of multiple applications of these systems, have resulted in extended use in Spain. Currently, VRF systems have an extensive range of possibilities, with a wide range of capacities, ranging from mini-VRF systems suitable for small domestic applications, to large VRF units with capacities of more than 20 hp. Moreover, th...

2018.05.29

Egypt

After a serious currency devaluation in Egypt in 2016, price increases have started to shake down and the shortage of foreign capital has started to be resolved, mainly supported by IMF. The Egyptian government took action to improve the business environment through civil order enhancement and constitution of a new investment law. In Egypt, the construction industry, including the residential, com...

2018.05.29

South Africa

The South African Rand (ZAR) depreciated sharply at the beginning of 2017, which cooled market demand. This demand began to recover in the second half of the year, however, and was relatively stable d...

2018.05.29

AFRICA

The African VRF market is very small, with only 9,600 units sold in 2017, owing to relatively low incomes and low purchasing ability. The main market is concentrated in South Africa, followed by Egypt...

2018.05.29

SOUTH KOREA

The VRF market in South Korea has been expanding along with rising demand for cooling multiple rooms in the same residence, and has become the third-largest market in the world after China and Japan. ...

2018.05.29

Iraq

Iraq’s VRF market in 2017 was 600 units.   Hisense Hitachi offers VRFs for the Khabat project in Iraq. The company invited project representatives to its VRF factory in China in December ...

2018.05.29

Kuwait

Kuwait’s VRF market is still very small, with only 1,000 units in 2017.   In 2017, AHI Carrier and Carrier Kuwait presented Toshiba VRFs at their customer event in Kuwait. Toshiba VRFs are available through AHI Carrier in 96 countries. Designed for efficient and trouble-free operation in T3 ambient conditions, SMMS-e VRF is available in a single module of 16 ton (20 hp), which can be ...

2018.05.29

Iran

In Iran, the VRF market scale increased to 4,200 units in 2017. The huge young population accounts for a large share of the market in Iran, which presents promising market potential for VRFs. However, the impact of economic sanctions has not ceased.  ...

2018.05.29

Qatar

In Qatar, the VRF market increased to 2,700 units in 2017.   Qatar is the host country of the 2022 World Cup, which will stimulate the development of the VRF market. In preparation for the big event, construction has begun on the 80,000-seater Lusail Stadium and is expected to be completed by 2020. The stadium is part of a new US$ 45 billion city project. Construction work has also begun on...

2018.05.29

Saudi Arabia

In Saudi Arabia, the VRF market scale increased to 3,700 units in 2017. A value-added tax (VAT) was introduced in Saudi Arabia on January 1, 2018, with a rate of 5%. The VAT will increase the gover...

 
 
 
Midez MBT