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The global VRF system market is expected to grow with a CAGR of 12% from 2019 to 2024.
The future of the variable refrigerant flow (VRF) system market looks promising with opportunities in the commercial, residential, and transportation industries. The major drivers for this market are growth in building & construction, stringent government regulations for energy efficiency, and increasing demand for HVAC in residential and commercial applications.
Some of the VRF system companies profiled in this report include Daikin Industries, Johnson Controls, LG Electronics, Toshiba, Fujitsu Group, Mitsubishi Electric, United Technologies, Ingersoll Rand, Panasonic, Samsung Electronics, and others.
POLITICO
Austin s ties to steel company add to concerns over industry influence
Critics say this is yet another knock on a nomination that has already faced opposition due to industry ties and the need to seek a waiver.
Retired Army Gen. Lloyd Austin, the Biden administration s choice to be secretary of defense, speaks during an event at The Queen theater. | Susan Walsh/AP Photo
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The nomination of retired Gen. Lloyd Austin to be the next defense secretary has raised concerns over his ties to the defense industry, most notably his membership on the board of Raytheon Technologies.
But less well-known is his membership on the board of Nucor, a steel company that s a subcontractor to at least two major defense contractors. The connection could further complicate his confirmation as lawmakers have made clear their wariness of installing Pentagon chiefs with defense industry ties.