Argentina Variable Refrigerant Flow System Market Size & Outlook

The variable refrigerant flow system market in Argentina is expected to reach a projected revenue of US$ 478.4 million by 2030. A compound annual growth rate of 11.3% is expected of Argentina variable refrigerant flow system market from 2025 to 2030.
Revenue, 2024 (US$M)
$255.2
Forecast, 2030 (US$M)
$478.4
CAGR, 2025 - 2030
11.3%
Report Coverage
Argentina

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Argentina variable refrigerant flow system market, 2018-2030 (US$M)

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Argentina variable refrigerant flow system market highlights

  • The Argentina variable refrigerant flow system market generated a revenue of USD 255.2 million in 2024 and is expected to reach USD 478.4 million by 2030.
  • The Argentina market is expected to grow at a CAGR of 11.3% from 2025 to 2030.
  • In terms of segment, heat pump was the largest revenue generating system type in 2024.
  • Heat Recovery System is the most lucrative system type segment registering the fastest growth during the forecast period.


Variable refrigerant flow system market data book summary

Market revenue in 2024USD 255.2 million
Market revenue in 2030USD 478.4 million
Growth rate11.3% (CAGR from 2025 to 2030)
Largest segmentHeat pump
Fastest growing segmentHeat Recovery System
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHeat Pump, Heat Recovery System
Key market players worldwideCarrier Corporation, Daikin Industries Ltd, Fujitsu Ltd, Haier Smart Home Co Ltd ADR, Blue Star, Hitachi Ltd, Johnson Controls International PLC, LG Electronics Inc ADR, Trane Technologies PLC Class A, Mitsubishi Electric Corp, Rheem Manufacturing, Samsung Electronics Co Ltd


Other key industry trends

  • In terms of revenue, Argentina accounted for 1.3% of the global variable refrigerant flow system market in 2024.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil variable refrigerant flow system market is projected to lead the regional market in terms of revenue in 2030.
  • Argentina is the fastest growing regional market in Latin America and is projected to reach USD 478.4 million by 2030.

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Variable Refrigerant Flow System Market Companies

Name Profile # Employees HQ Website
Carrier Corporation View profile 10001+ Palm Beach Gardens, Florida, United States, North America https://www.carrier.com
Blue Star View profile 1001-5000 Mumbai, Maharashtra, India, Asia https://www.bluestarindia.com
Rheem Manufacturing View profile 5001-10000 Atlanta, Georgia, United States, North America http://www.rheem.com
Trane Technologies PLC Class A View profile 40000 170/175 Lakeview Drive, Airside Business Park, Swords County, Dublin, Ireland https://www.tranetechnologies.com
Haier Smart Home Co Ltd ADR View profile 112458 Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, China, People's Republic of, 266101 https://smart-home.haier.com/cn
Daikin Industries Ltd View profile 107127 Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, Japan, 530-8323 http://www.daikin.com
LG Electronics Inc ADR View profile 35111 Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 https://www.lge.co.kr
Samsung Electronics Co Ltd View profile 124804 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 https://www.samsung.com
Mitsubishi Electric Corp View profile 149134 Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310 https://www.mitsubishielectric.com
Johnson Controls International PLC View profile 102000 One Albert Quay, Cork, Ireland, T12 X8N6 https://www.johnsoncontrols.com
Hitachi Ltd View profile 322525 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 http://www.hitachi.com
Fujitsu Ltd View profile 124055 Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, Japan, 105-7123 http://www.fujitsu.com

Argentina variable refrigerant flow system market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to variable refrigerant flow system market will help companies and investors design strategic landscapes.


Heat pump was the largest segment with a revenue share of 62.81% in 2024. Horizon Databook has segmented the Argentina variable refrigerant flow system market based on heat pump, heat recovery system covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina variable refrigerant flow system market , including forecasts for subscribers. This country databook contains high-level insights into Argentina variable refrigerant flow system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Argentina System Type - Variable Refrigerant Flow System Market size, 2024 - 2030 (US$M)

Argentina Variable Refrigerant Flow System Market Outlook Share, 2024 & 2030 (US$M)

Argentina System Type - Variable Refrigerant Flow System Market size, 2024 - 2030 (US$M)

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