Skip to main content

Posts

Showing posts from August, 2018

Variable Refrigerant Flow (VRF) Systems Market Will Reach $24.1 Billion by 2023 and Is Growing at a CAGR of 13.4% During 2018 – 2023

Global Variable Refrigerant Flow (VRF) systems market is expected to reach $24.1 Billion by 2023 and is growing at a CAGR of 13.4% during 2018–2023. The growth in the market can be attributed to the increasing demand for energy-efficient and cost-effective heating, ventilation, and air conditioning (HVAC) systems. Besides, growing construction industry and increasing energy management activities are the key factors bolstering the growth of the VRF systems market, globally. Major players in the market are focusing on providing eco-friendly refrigerants for these systems, and consumers in developed economies are increasingly adopting the VRF technology. Request for a free sample copy of this research report @  https://www.psmarketresearch.com/market-analysis/variable-refrigerant-flow-systems-market/report-sample On the basis of application, the  VRF systems market  has been categorized into commercial, residential, and other applications. Commercial areas of application include bui

Pyrometer Market to Reach $816.6 Million by 2023 and Is Growing at a CAGR of 6.8% During 2018–2023

Based on type, the pyrometer market has been categorized into stationary and portable, of which the portable type is projected to witness higher growth during the forecast period. This can be attributed to technological advancements in portable temperature measurement devices and their increasing areas of utility. Also, due to the growing preference of industries for handy and advanced contactless temperature measuring devices, miniaturization of devices has been observed as a major trend in the pyrometer industry in recent years. On the basis of industry, the pyrometer market has been classified into metal processing, glass, ceramics, and others. Glass and metal processing are the two important end user industries for pyrometers. High growth of the market in the glass industry can be attributed to the increasing investments in this industry, especially in China and Germany. In the glass industry, pyrometers are used in a wide range of applications, such as glass production, quali