HVAC market to see strong global and regional growth
To meet the increasing global HVAC VRV (Variable Refrigerant Volume) demand, Daikin recently announced that it has invested Euro 13mn to start the production of VRV systems for the Middle East at its new factory in Turkey which has been operational since May 2022.
The EMEA (Europe, Middle East, and Africa) market for HVAC-R (Heating, Ventilation, Air Conditioning and Refrigeration) systems is expected to see a strong growth over the next few years. The strong increase in demand is driven by the need for sustainable solutions which are in line with changes across legislations within the region.
VRV systems are air conditioning appliances which can heat or cool medium to large commercial buildings. These systems use heat pump technology to allow multiple indoor units to be connected to one outdoor unit.
“With the additional factory closer to our region, we will be able to serve the market faster, accelerate our expansion plans, and further strengthen our VRV leadership,” Tuna Gulenc, Vice President, Daikin MEA.
The new VRV production lines at the Turkish factory are equipped with the latest cutting-edge technology to optimize sustainability, efficiency, and quality control.
“The products that meet this growing demand and are fully adapted to the needs of our climate,” asserted Hasan Önder, CEO, Daikin Turkey.