The global commercial air conditioning system (VRF) market is estimated to be valued at $34,619.0 million by 2027, surging from $15,859.8 million in 2019 at a noteworthy CAGR of 13.5%. Impact Analysis of COVID-19 on the Commercial Air Conditioning System (VRF) Market The global market for commercial air conditioning system (VRF) has had to experience sluggish growth amid the COVID-19 pandemic. The market experienced this slow growth owing to diminishing demand for the product during the pandemic due to disruption in the industrial supply chain. Furthermore, the implementation of complete lockdown to contain the spread of the virus disrupted the available manpower, thereby hampering the production volume. Besides, the manufacturers, distributors, contractors, and/or service providers either refrained or were reluctant to enter commercial spaces and residential buildings for orders, installations, and/or services, which led to diminishing demand, which hampered the global demand fo
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