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There are several types of air-conditioning system installed in commercial buildings ranging from split systems, individual systems, water-cooled packaged systems, variable refrigerant flow (VRF) systems, and centralized chilled water systems, among others. In 2012, by product type, the U.S. commercial air conditioning systems market was dominated by split systems due to rising usage of non-ducted systems owing to their flexibility and ease of installation. Due to improved controllability and higher efficiency, VRF systems are gaining popularity in air conditioning systems market. VRF systems provide customizable temperature comfort control for private, public and industrial applications for indoor environments. Commercial air conditioning systems market is significantly affected by developments in the construction industry, with most of the income generated from HVAC (heating, ventilation and air-conditioning) installations in newly constructed buildings.
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Driven the growth potential, HVAC manufacturers and distributors are now focusing on VRF air conditioning systems and their applications that are entering the U.S. market. Some of the key players in this industry include United Technologies Corporation – Climate, Controls and Security Unit (Carrier), Haier Inc., Samsung Electronics, Mitsubishi Electric Corporation, Daikin Industries Ltd., Fujitsu General Pty. Ltd. AB Electrolux, and LG Corporation among others. Of these, Mitsubishi Electric Corporation, Fujitsu and Carrier Corporation, are among leading players in VRF commercial air conditioning systems market in U.S.