Air Conditioning Systems: Global Markets, Strategic Business Report

Air Conditioning Systems - Global Strategic Business Report

Global Industry Analysts, Date of Publication: Mar 9, 2015, 458 Pages
US$4,950.00
GIA-MCP2253

Air Conditioning Systems: Global Markets, Strategic Business Report

This report analyzes the worldwide markets for Air Conditioning Systems in Thousand Units by the following Product Segments: Room Air Conditioners, and Packaged Air Conditioners. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Annual estimates and forecasts are provided for the period 2014 through 2020. Also, a seven-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 128 companies including many key and niche players such as -

Carrier Corporation
Daikin Industries, Ltd.
Electrolux AB
GD Midea Holding Co., Ltd.
General Electric Company

More information can be obtained upon the request of sample pages.


TABLE OF CONTENTS

 I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

      Study Reliability and Reporting Limitations                       I-1
      Disclaimers                                                       I-2
      Data Interpretation & Reporting Level                             I-2
       Quantitative Techniques & Analytics                              I-3
      Product Definitions and Scope of Study                            I-3
       Conceptual Definition                                            I-3
       Types of Air Conditioners                                        I-3
        Room Air Conditioners                                           I-3
        Packaged Air Conditioners                                       I-4


 II. EXECUTIVE SUMMARY

  1. INDUSTRY OVERVIEW                                                  II-1
      AC Demand: An Indicator of Economic Health                        II-1
       Statistical Findings:                                            II-2
        Table 1: Global Air Conditioners Market (2013): Percentage
        Breakdown of Volume Sales for AC Equipment (includes
        corresponding Graph/Chart)                                      II-2

        Table 2: Global HVAC Equipment Market (2013): Percentage
        Breakdown of Value Sales by Segment (includes corresponding
        Graph/Chart)                                                    II-2

        Table 3: Leading Players in Global HVAC Equipment Market
        (2013): Percentage Breakdown of Value Sales (includes
        corresponding Graph/Chart)                                      II-3
       RACs Continue to Champion the Cause for Global ACs Market        II-3
       Packaged ACs to Register Growth                                  II-4
       Market Outlook                                                   II-4
        Developed Markets Exhibit Modest Growth Prospects               II-5
        Developing Markets to Turbocharge Future Growth                 II-6
        India and China - Major Growth Drivers                          II-7
      Competition                                                       II-8
       Key Competitive Factors                                          II-8
       Increased Organizational Restructuring                           II-8
       Asian Players Call The Shots                                     II-8
        Table 4: World Air Conditioner Market (2013): Percentage
        Breakdown of Dollar Sales by Leading Manufacturers (includes
        corresponding Graph/Chart)                                      II-9

        Table 5: World Room Air Conditioner Market (2013):
        Percentage Breakdown of Unit Sales by Leading Manufacturers
        (includes corresponding Graph/Chart)                            II-9
      Impact of Economic Upheavals in Recent Past                       II-9
       The 2007-2009 Recession                                          II-9
       Market Posts Healthy Gains in 2010 & 2011                        II-10
       Year 2012-2014: A Review                                         II-10
        Table 6: World Real GDP Growth Rate by Country (2012-2015F)
        (includes corresponding Graph/Chart)                            II-13
      Cautiously Optimistic Outlook for the Global Economy in 2015
       Provides Hope                                                    II-14

  2. GROWTH DRIVERS                                                     II-16
      Rise in Residential Construction Activity Fuels Market Expansion  II-16
       Table 7: Percentage Share of Construction Spending by Region
       - 2015 & 2020 (includes corresponding Graph/Chart)               II-17
      Favorable Demographic and Economic Trends Strengthen Market
       Prospects                                                        II-17
       Ballooning Global Population Pushes Demand                       II-17
        Table 8: World Population Distribution: Developed Vs
        Developing Countries (2013) (includes corresponding
        Graph/Chart)                                                    II-18
       Rapid Urbanization Spurs Demand for Household Appliances         II-18
        Table 9: Total Population Worldwide: Percentage Breakdown by
        Urban and Rural Population for the Years 1950-2050P
        (includes corresponding Graph/Chart)                            II-19
       Burgeoning Middle Class Population Stimulates Market Growth      II-20
        Table 10: Global Middle Class Population by Geographic
        Region: Percentage Share Breakdown for 2010, 2020P & 2030P
        (includes corresponding Graph/Chart)                            II-21
       Rising Standards of Living Drive Market Growth                   II-21
      Building Renovations & Home Restructuring Projects Offer
       Growth Opportunities                                             II-22
      Transition in Family Systems Drive Demand                         II-22
      Online Sales Continue to Grab Market Share                        II-22
      Replacement Demand Presents Sizeable Market Opportunity           II-22

  3. MARKET TRENDS, ISSUES & CHALLENGES                                 II-23
      Split ACs and Mini-Splits Surge in Demand                         II-23
       Table 11: Global Air Conditioning Systems Market (2014):
       Percentage Breakdown of Volume Shipments by Product Type
       (includes corresponding Graph/Chart)                             II-23
      Windows/Through the Wall ACs Face Competition from Split Models   II-23
      AC Manufacturer Relocate Production Units to Low Cost
       Destinations                                                     II-23
      Technology Innovations Spearhead Market Growth                    II-24
       Magnetic Air-Conditioning                                        II-24
       Rising Popularity of Radio-Frequency-Based Technologies          II-24
      Energy Efficient Air Conditioning Systems on the Rise             II-25
       Deployment of Environment-Friendly Refrigerants Increases in ACs II-26
       Green Refrigerants to Replace Hydro Fluorocarbons                II-27
       Inverter Air Conditioners - The Current Flavor                   II-28
       Solar Powered ACs Grow in Demand                                 II-28
      Market Challenges                                                 II-29
       Soaring Electricity Prices to Dampen Growth Prospects            II-29
       Uncertain Weather Conditions Upset Market Growth                 II-29
       Rising Production Costs Lower Profit Margins for Manufacturers   II-29

  4. PRODUCT OVERVIEW                                                   II-30
      Definition & Introduction                                         II-30
      Stages in Air Conditioning                                        II-30
      Key Product Information by Segment                                II-31
       Segmentation Based on Equipment Type                             II-31
        Room Air Conditioners                                           II-31
         Ductless Air Conditioning Systems                              II-31
          Mini-Split Air-Conditioners                                   II-31
         Split Air Conditioners                                         II-31
         Single Packaged Air Conditioners                               II-32
        Packaged Air Conditioners: What Are They??                      II-32
        Classification of Packaged ACs                                  II-32
         Air Cooled PACs                                                II-32
         Water Cooled PACs                                              II-32
        Types of Packaged ACs                                           II-32
         Rooftop PACs                                                   II-32
         Single Packaged Vertical Air Conditioners                      II-33
         Packaged Terminal Air Conditioner                              II-33
         Split Packaged Air Conditioners                                II-33
         Multi-Split Packaged Air Conditioners                          II-33
       Segmentation Based on End-Use Application                        II-33
        Residential Air Conditioning                                    II-33
        Commercial Air Conditioning                                     II-34
        Construction Sector                                             II-34
        Tourism & Hotel Industry                                        II-34
        Tents: New End-Use Segment                                      II-34
        Industrial Air Conditioning                                     II-35
        Automotive Air Conditioning                                     II-35
         Making the Ride Cool                                           II-35
         Safety Against Pollution                                       II-35
         R-134A Refrigerant Replaces R-12                               II-35
      Compressors in Air Conditioning Systems                           II-36
       Reciprocating Compressor                                         II-36
       Double Acting Reciprocating Compressor                           II-36
       Rotary Compressor                                                II-36
       Screw (Helical) Compressor                                       II-36
       Centrifugal Compressor                                           II-36
       Scroll Compressors                                               II-36
      Parts & Accessories                                               II-37
       Chillers                                                         II-37
       Desiccants                                                       II-37
        No Threat to Compressors                                        II-37
       Centrifugal Blowers                                              II-38
       Water-Cooled Condensers                                          II-38
       Heat Pipes                                                       II-38
       Air Handling Systems                                             II-38
       Heat Pumps                                                       II-38
       Electronic Case Controls                                         II-39
       Electronic Air Cleaners                                          II-39
       Air-Filtration Systems                                           II-39
      Maintenance & Services                                            II-39

  5. PRODUCT INTRODUCTIONS/INNOVATIONS                                  II-40
      Coolerado Launches Innovative Downflow Air Conditioning Unit      II-40
      Samsung Introduces New Smart Digital inverter Air Conditioner
       Series                                                           II-40
      Mitsubishi Heavy Industries Releases New Line-Up of Air-
       Conditioning Units                                               II-40
      HMX Introduces High-Efficiency and Eco-Friendly Fresh Air Pre
       Cooling Units                                                    II-40
      Hitachi Launches New Line-Up of Air Source Heat Pumps             II-40
      Fujitsu General to Launch Enhanced Modular Type Multi Air-
       Conditioning                                                     II-40
      LG Introduces ARTCOOL Stylist Inverter V Air Conditioner          II-40
      Samsung Launches New-Generation of Smart Variable Refrigerant
       Flow Air- Conditioning Systems                                   II-40
      Miraco Releases New Range of Air-Conditioning Systems             II-41
      Blue Star Introduces New Range of Air-Conditioners                II-41
      Hitachi Air Conditioning Launches New Improved VRF Air-
       Conditioners                                                     II-41
      Hitachi Air Conditioning Launches New Range of Premium-
       Efficiency and Affordable Splits                                 II-41
      Hitachi Air Conditioning Introduces New Range of Room Air
       Conditioning Wall and Outdoor Units                              II-41
      Geo Power System Releases Renewable Energy Air Ventilation/
       Conditioning System                                              II-41
      Haier India Introduces New Line of Air Conditioners               II-41
      Mitsubishi Heavy Industries to Introduce SP Series Home Air
       Conditioners                                                     II-41
      Kelvinator Launches Split-System Inverter Air Conditioners
       with Peak Smart Technology                                       II-42
      Samsung Launches Mont Blanc Plus Air Conditioner                  II-42
      Panasonic to Unveil Smart Application & Cloud-Based Services
       for Smart Home Appliances                                        II-42
      LG Electronics India Unveils Inverter V AC Line                   II-42
      Friedrich Air Conditioning Unveils 2012 Friedrich Kühl Room
       Air Conditioner                                                  II-42
      Ingersoll-Rand Unveils China-Made Trane Premium Split Air
       Conditioners Brand                                               II-42
      Kingtec Solar Unveils K25Z-4 Solar-Powered Green Air
       Conditioning Solution                                            II-42
      Haier America Unveils Commercial Cool Exhaust Kit for Portable
       Air Conditioner                                                  II-43
      Sakura Introduces New Range of Window Air Conditioners with DC
       Inverter Technology                                              II-43
      MHI to Introduce 17 New Air Conditioners                          II-43
      Blue Star Introduces Multi-Inverter Split AC                      II-43
      Blue Star Launches Innovative Range of Energy Efficient Room ACs  II-43
      Samsung Launches Innovative 2012 BEE Star Rated Air
       Conditioning Solutions                                           II-43
      Daikin India Launches Innovative Energy Efficient ACs             II-43
      Sakura Launches Three New Series of Commercial ACs                II-44
      SAKURA Introduces New Light Commercial AC Range                   II-44
      Haier Launches Packaged Terminal Air Conditioners                 II-44
      Trane Launches New Packaged Air Conditioning Systems with
       Microchannel Condenser                                           II-44
      Sakura Introduces New SP and SPW Line of R-410A Packaged ACs      II-44

  6. RECENT INDUSTRY ACTIVITY                                           II-45
      Samsung Takes Over Quietside                                      II-45
      Tucson Peach Acquires Sonoran Air                                 II-45
      DENSO Takes Over Hefei Dyne Auto Air Conditioner                  II-45
      Mitsubishi to Integrate 2 Air-Conditioning & Refrigeration
       Subsidiaries                                                     II-45
      Johnson Controls Enters into Agreement with Hitachi               II-45
      Mitsubishi Electric and Klimat-Fer Ink a Pact                     II-45
      Carrier and Midea to Set Up JV for Air-Conditioning Systems       II-46
      Daikin Takes Over Goodman                                         II-46

  7. FOCUS ON SELECT GLOBAL PLAYERS                                     II-47
      Carrier Corporation (USA)                                         II-47
      Daikin Industries, Ltd. (Japan)                                   II-47
       Daikin Airconditioning India Pvt. Ltd. (India)                   II-48
       Daikin Air Conditioning Saudi Arabia LLC (Saudi Arabia)          II-49
      Electrolux AB (Sweden)                                            II-49
      GD Midea Holding Co., Ltd. (China)                                II-49
      General Electric Company (USA)                                    II-50
      Gree Electric Appliances, Inc. (China)                            II-51
      Hitachi, Ltd. (Japan)                                             II-51
      LG Electronics Inc. (South Korea)                                 II-52
       LG Electronics India (India)                                     II-52
      Mitsubishi Heavy Industries, Ltd. (Japan)                         II-53
      Panasonic Corporation (Japan)                                     II-53
      Samsung Electronics Corp. (South Korea)                           II-54
      Toshiba Group (Japan)                                             II-54
      Trane (USA)                                                       II-55
      Whirlpool Corporation (USA)                                       II-55

  8. GLOBAL MARKET PERSPECTIVE                                          II-56
      Table 12: World Recent Past, Current & Future Analysis for Air
      Conditioning Systems by Geographic Region - US, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), Middle East & Africa
      and Latin America Markets Independently Analyzed with Annual
      Sales Figures in ‘000 Units for Years 2014 through 2020
      (includes corresponding Graph/Chart)                              II-56

      Table 13: World Historic Review for Air Conditioning Systems
      by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Middle East & Africa and Latin America
      Markets Independently Analyzed with Annual Sales Figures in
      ‘000 Units for Years 2007 through 2013 (includes corresponding
      Graph/Chart)                                                      II-57

      Table 14: World 14-Year Perspective for Air Conditioning
      Systems by Geographic Region - Percentage Breakdown of Unit
      Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan), Middle East & Africa and Latin America Markets for
      Years 2007, 2015 & 2020 (includes corresponding Graph/Chart)      II-58

      Table 15: World Recent Past, Current & Future Analysis for
      Room Air Conditioning Systems by Geographic Region - US,
      Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
      East & Africa and Latin America Markets Independently Analyzed
      with Annual Sales Figures in ‘000 Units for Years 2014 through
      2020 (includes corresponding Graph/Chart)                         II-59

      Table 16: World Historic Review for Room Air Conditioning
      Systems by Geographic Region - US, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Middle East & Africa and Latin
      America Markets Independently Analyzed with Annual Sales
      Figures in ‘000 Units for Years 2007 through 2013 (includes
      corresponding Graph/Chart)                                        II-60

      Table 17: World 14-Year Perspective for Room Air Conditioning
      Systems by Geographic Region - Percentage Breakdown of Unit
      Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan), Middle East & Africa and Latin America Markets for
      Years 2007, 2015 & 2020 (includes corresponding Graph/Chart)      II-61

      Table 18: World Recent Past, Current & Future Analysis for
      Packaged Air Conditioning Systems by Geographic Region - US,
      Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
      East & Africa and Latin America Markets Independently Analyzed
      with Annual Sales Figures in ‘000 Units for Years 2014 through
      2020 (includes corresponding Graph/Chart)                         II-62

      Table 19: World Historic Review for Packaged Air Conditioning
      Systems by Geographic Region - US, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Middle East & Africa and Latin
      America Markets Independently Analyzed with Annual Sales
      Figures in ‘000 Units for Years 2007 through 2013 (includes
      corresponding Graph/Chart)                                        II-63

      Table 20: World 14-Year Perspective for Packaged Air
      Conditioning Systems by Geographic Region - Percentage
      Breakdown of Unit Sales for US, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Middle East & Africa and Latin
      America Markets for Years 2007, 2015 & 2020 (includes
      corresponding Graph/Chart)                                        II-64


 III. MARKET

  1. UNITED STATES                                                      III-1
      A.Market Analysis                                                 III-1
        Current and Future Analysis                                     III-1
        Overview                                                        III-1
         Table 21: US Room Air Conditioners Market (2014):
         Percentage Breakdown of Unit Shipments by Region (includes
         corresponding Graph/Chart)                                     III-2
         Growth Drivers                                                 III-2
         Growth Restraints                                              III-2
        Improving Economic Scenario to Boost Growth                     III-2
        Improving US Housing Market - An Opportunity Indicator          III-3
         Table 22: Residential Construction in the US (2010-2013):
         Number of Housing Starts by Type - Single-Family Units and
         Multi-Family Units (In ‘000s) (includes corresponding
         Graph/Chart)                                                   III-3
        Trends & Growth Drivers                                         III-4
         Japan Made ACs Capture US Market                               III-4
         Ductless Systems to Grow in Popularity in the US Market        III-4
          Table 23: US Room Air Conditioning Systems Market (2014):
          Percentage Breakdown of Volume Shipments by Product Type
          (includes corresponding Graph/Chart)                          III-4
         Technology Advances Drive Replacement Sales for AC Systems     III-5
         Demand for Energy Efficient Products on the Rise               III-5
          Government Initiatives Prop Up Demand for Energy Efficient
           Models                                                       III-6
           Seasonal Energy Efficiency Ratio (SEER) 13                   III-6
          13 SEER Brings Opportunities & Threats to Manufacturers       III-6
          13 SEER Challenges                                            III-7
           ENERGY STAR Standard                                         III-7
        Regulations Pertaining to PTACs                                 III-8
        Export/Import Scenario                                          III-8
         Table 24: US Exports of Air Conditioners (2013): Percentage
         Share Breakdown of Export Value by Country of Destination
         (includes corresponding Graph/Chart)                           III-8

         Table 25: US Imports of Air Conditioners (2013): Percentage
         Share Breakdown of Import Value by Country of Origin
         (includes corresponding Graph/Chart)                           III-8
        Strategic Corporate Developments                                III-9
        Product Launches                                                III-9
        Focus on Select Players                                         III-10
      B.Market Analytics                                                III-14
        Table 26: US Recent Past, Current & Future Analysis for Air
        Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-14

        Table 27: US Historic Review for Air Conditioning Systems by
        Product Segment - Room Air Conditioner and Packaged Air
        Conditioner Markets Independently Analyzed with Annual Sales
        Figures in ‘000 Units for Years 2007 through 2013 (includes
        corresponding Graph/Chart)                                      III-15

        Table 28: US 14-Year Perspective for Air Conditioning
        Systems by Product Segment - Percentage Breakdown of Unit
        Sales for Room Air Conditioner and Packaged Air Conditioner
        Markets for Years 2007, 2015 & 2020 (includes corresponding
        Graph/Chart)                                                    III-16

  2. CANADA                                                             III-17
      A.Market Analysis                                                 III-17
        Current and Future Analysis                                     III-17
        Market Overview                                                 III-17
         Table 29: Canadian Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-17
        Distribution Practices                                          III-17
        Trade Scenario                                                  III-17
         Table 30: Canadian Exports of Air Conditioners (2013):
         Percentage Breakdown of Export Value by Country of
         Destination (includes corresponding Graph/Chart)               III-18

         Table 31: Canadian Imports of Air Conditioners (2013):
         Percentage Breakdown of Import Value by Country of Origin
         (includes corresponding Graph/Chart)                           III-18
      B.Market Analytics                                                III-19
        Table 32: Canadian Recent Past, Current & Future Analysis
        for Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-19

        Table 33: Canadian Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-20

        Table 34: Canadian 14-Year Perspective for Air Conditioning
        Systems by Product Segment - Percentage Breakdown of Unit
        Sales for Room Air Conditioner and Packaged Air Conditioner
        Markets for Years 2007, 2015 & 2020 (includes corresponding
        Graph/Chart)                                                    III-21

  3. JAPAN                                                              III-22
      A.Market Analysis                                                 III-22
        Current and Future Analysis                                     III-22
        Market Overview                                                 III-22
        Replacement Demand to Drive RAC Sales                           III-23
         Table 35: Japanese Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-23
        Japanese Government Implements Eco-Point Policy to Encourage
         Sales                                                          III-23
        Packaged AC Market in Japan                                     III-24
         JRA, 4048 Commercial Standard for PACs                         III-24
        Noteworthy Trends and Challenges                                III-24
         Japanese Made Splits Capture US Market                         III-24
         AC Industry Focuses on Efforts toward Energy Conservation      III-24
         Domestic Players Dominate Japanese Room AC Market              III-25
         Rapid Growth in Asian RAC Market Presents New Opportunities
          for Japanese Majors                                           III-25
        Key Statistics                                                  III-25
         Table 36: Japanese Commercial Air Conditioning Market
         (2013) - Percentage Breakdown of Revenue by Leading
         Manufacturers (includes corresponding Graph/Chart)             III-25

         Table 37: Japanese Room Air Conditioners Market (2013) -
         Percentage Breakdown of Unit Sales by Leading Manufacturers
         (includes corresponding Graph/Chart)                           III-26
        Strategic Corporate Developments                                III-26
        Product Launches                                                III-27
        Focus on Select Players                                         III-28
      B.Market Analytics                                                III-32
        Table 38: Japanese Recent Past, Current & Future Analysis
        for Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-32

        Table 39: Japanese Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-33

        Table 40: Japanese 14-Year Perspective for Air Conditioning
        Systems by Product Segment - Percentage Breakdown of Unit
        Sales for Room Air Conditioner and Packaged Air Conditioner
        Markets for Years 2007, 2015 & 2020 (includes corresponding
        Graph/Chart)                                                    III-34

  4. EUROPE                                                             III-35
      A.Market Analysis                                                 III-35
        Current and Future Analysis                                     III-35
        Recession and Beyond                                            III-35
         Table 41: Household Appliance Penetration (%) in Western
         Europe and Eastern Europe: 2013 (includes corresponding
         Graph/Chart)                                                   III-36
        Regulatory Initiatives Drive Demand for Energy Efficient
         Appliances                                                     III-36
        Split ACs Continue to Dominate                                  III-37
         Table 42: European Room Air Conditioner Market (2014):
         Percentage Breakdown of Volume Shipments by Product Type
         (includes corresponding Graph/Chart)                           III-38
        Central and Eastern Europe: The New Focus Area for Market
         Growth                                                         III-38
        Japanese Players Lead the Way in European Market                III-38
        Phase Out of R22 Calls for Alternate Refrigerants               III-39
        Product Launches                                                III-39
      B.Market Analytics                                                III-40
        Table 43: European Recent Past, Current & Future Analysis
        for Air Conditioning Systems by Geographic Region - France,
        Germany, Italy, UK, Spain, Russia, Turkey and Rest of Europe
        Markets Independently Analyzed with Annual Sales Figures in
        ‘000 Units for Years 2014 through 2020 (includes
        corresponding Graph/Chart)                                      III-40

        Table 44: European Historic Review for Air Conditioning
        Systems by Geographic Region - France, Germany, Italy, UK,
        Spain, Russia, Turkey and Rest of Europe Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2007 through 2013 (includes corresponding
        Graph/Chart)                                                    III-41

        Table 45: European 14-Year Perspective for Air Conditioning
        Systems by Geographic Region - Percentage Breakdown of Unit
        Sales for France, Germany, Italy, UK, Spain, Russia, Turkey
        and Rest of Europe Markets for Years 2007, 2015 & 2020
        (includes corresponding Graph/Chart)                            III-42

        Table 46: European Recent Past, Current & Future Analysis
        for Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-43

        Table 47: European Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-44

        Table 48: European 14-Year Perspective for Air Conditioning
        Systems by Product Segment - Percentage Breakdown of Unit
        Sales for Room Air Conditioner and Packaged Air Conditioner
        Markets for Years 2007, 2015 & 2020 (includes corresponding
        Graph/Chart)                                                    III-45

  4a. FRANCE                                                            III-46
      A.Market Analysis                                                 III-46
        Current and Future Analysis                                     III-46
        Factors Influencing Air Conditioners Market in France           III-46
         Table 49: French Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-46
      B.Market Analytics                                                III-47
        Table 50: French Recent Past, Current & Future Analysis for
        Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-47

        Table 51: French Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-48

        Table 52: French 14-Year Perspective for Air Conditioning
        Systems by Product Segment - Percentage Breakdown of Unit
        Sales for Room Air Conditioner and Packaged Air Conditioner
        Markets for Years 2007, 2015 & 2020 (includes corresponding
        Graph/Chart)                                                    III-49

  4b. GERMANY                                                           III-50
      A.Market Analysis                                                 III-50
        Current and Future Analysis                                     III-50
        Market Overview                                                 III-50
         Table 53: German Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-50
      B.Market Analytics                                                III-51
        Table 54: German Recent Past, Current & Future Analysis for
        Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-51

        Table 55: German Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-52

        Table 56: German 14-Year Perspective for Air Conditioning
        Systems by Product Segment - Percentage Breakdown of Unit
        Sales for Room Air Conditioner and Packaged Air Conditioner
        Markets for Years 2007, 2015 & 2020 (includes corresponding
        Graph/Chart)                                                    III-53

  4c. ITALY                                                             III-54
      A.Market Analysis                                                 III-54
        Current and Future Analysis                                     III-54
        A Peek into Italian Residential Air Conditioning Systems
         Segment                                                        III-54
         Table 57: Italian Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-55
         Imports                                                        III-55
         Exports                                                        III-55
      B.Market Analytics                                                III-56
        Table 58: Italian Recent Past, Current & Future Analysis for
        Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-56

        Table 59: Italian Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-57

        Table 60: Italian 14-Year Perspective for Air Conditioning
        Systems by Product Segment - Percentage Breakdown of Unit
        Sales for Room Air Conditioner and Packaged Air Conditioner
        Markets for Years 2007, 2015 & 2020 (includes corresponding
        Graph/Chart)                                                    III-58

  4d. THE UNITED KINGDOM                                                III-59
      A.Market Analysis                                                 III-59
        Current and Future Analysis                                     III-59
        Market Overview                                                 III-59
         Table 61: UK Room Air Conditioning Systems Market (2014):
         Percentage Breakdown of Volume Shipments by Product Type
         (includes corresponding Graph/Chart)                           III-59
      B.Market Analytics                                                III-60
        Table 62: The UK Recent Past, Current & Future Analysis for
        Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-60

        Table 63: The UK Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-61

        Table 64: The UK 14-Year Perspective for Air Conditioning
        Systems by Product Segment - Percentage Breakdown of Unit
        Sales for Room Air Conditioner and Packaged Air Conditioner
        Markets for Years 2007, 2015 & 2020 (includes corresponding
        Graph/Chart)                                                    III-62

  4e. SPAIN                                                             III-63
      A.Market Analysis                                                 III-63
        Current and Future Analysis                                     III-63
        Market Overview                                                 III-63
         Table 65: Spanish Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-64
      B.Market Analytics                                                III-64
        Table 66: Spanish Recent Past, Current & Future Analysis for
        Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-64

        Table 67: Spanish Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-65

        Table 68: Spanish 14-Year Perspective for Air Conditioning
        Systems by Product Segment - Percentage Breakdown of Unit
        Sales for Room Air Conditioner and Packaged Air Conditioner
        Markets for Years 2007, 2015 & 2020 (includes corresponding
        Graph/Chart)                                                    III-66

  4f. RUSSIA                                                            III-67
      A.Market Analysis                                                 III-67
        Market Overview                                                 III-67
         Table 69: Russian Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-67
      B.Market Analytics                                                III-68
        Table 70: Russian Recent Past, Current & Future Analysis for
        Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-68

        Table 71: Russian Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-69

        Table 72: Russian 14-Year Perspective for Air Conditioning
        Systems by Product Segment - Percentage Breakdown of Unit
        Sales for Room Air Conditioner and Packaged Air Conditioner
        Markets for Years 2007, 2015 & 2020 (includes corresponding
        Graph/Chart)                                                    III-70

  4g. TURKEY                                                            III-71
      A.Market Analysis                                                 III-71
        Current and Future Analysis                                     III-71
        A Growing Market                                                III-71
         Table 73: Turkish Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-72
      B.Market Analytics                                                III-72
        Table 74: Turkish Recent Past, Current & Future Analysis for
        Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-72

        Table 75: Turkish Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-73

        Table 76: Turkish 14-Year Perspective for Air Conditioning
        Systems by Product Segment - Percentage Breakdown of Unit
        Sales for Room Air Conditioner and Packaged Air Conditioner
        Markets for Years 2007, 2015 & 2020 (includes corresponding
        Graph/Chart)                                                    III-74

  4h. REST OF EUROPE                                                    III-75
      A.Market Analysis                                                 III-75
        Current and Future Analysis                                     III-75
        Overview of Select Regional Markets                             III-75
         Greece                                                         III-75
         Ukraine                                                        III-75
        Electrolux AB (Sweden) - A Key Player                           III-76
      B.Market Analytics                                                III-77
        Table 77: Rest of Europe Recent Past, Current & Future
        Analysis for Air Conditioning Systems by Product Segment -
        Room Air Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-77

        Table 78: Rest of Europe Historic Review for Air
        Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2007 through 2013 (includes corresponding
        Graph/Chart)                                                    III-78

        Table 79: Rest of Europe 14-Year Perspective for Air
        Conditioning Systems by Product Segment - Percentage
        Breakdown of Unit Sales for Room Air Conditioner and
        Packaged Air Conditioner Markets for Years 2007, 2015 & 2020
        (includes corresponding Graph/Chart)                            III-79

  5. ASIA-PACIFIC                                                       III-80
      A.Market Analysis                                                 III-80
        Current and Future Analysis                                     III-80
        Market Overview                                                 III-80
         Table 80: Asia-Pacific Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-81

         Table 81: Air Conditioning Market in Asia (2014):
         Percentage Penetration of AC by Country (includes
         corresponding Graph/Chart)                                     III-81
        Rising Standards of Living Fuel Market Expansion                III-81
         Table 82: Increase in Urban Population in Major Countries
         in Asia-Pacific (in Millions) Over the Period 2012-2020P
         (includes corresponding Graph/Chart)                           III-82

         Table 83: Construction Spending by Country in Asia-Pacific
         in US$ Billion for Year 2013 (includes corresponding
         Graph/Chart)                                                   III-82

         Table 84: Asian Construction Market (2013): Percentage
         Breakdown of Spend by Sector (includes corresponding
         Graph/Chart)                                                   III-83
      B.Market Analytics                                                III-83
        Table 85: Asia-Pacific Recent Past, Current & Future
        Analysis for Air Conditioning Systems by Country/Region -
        Australia, China, India, Indonesia, Malaysia, Pakistan,
        South Korea, Taiwan, Thailand, and Rest of Asia-Pacific
        Markets Independently Analyzed with Annual Sales Figures in
        ‘000 Units for Years 2014 through 2020 (includes
        corresponding Graph/Chart)                                      III-83

        Table 86: Asia-Pacific Historic Review for Air Conditioning
        Systems by Country/ Region - Australia, China, India,
        Indonesia, Malaysia, Pakistan, South Korea, Taiwan,
        Thailand, and Rest of Asia-Pacific Markets Independently
        Analyzed with Annual Sales Figures in ‘000 Units for Years
        2007 through 2013 (includes corresponding Graph/Chart)          III-84

        Table 87: Asia-Pacific 14-Year Perspective for Air
        Conditioning Systems by Country/Region - Percentage
        Breakdown of Unit Sales for Australia, China, India,
        Indonesia, Malaysia, Pakistan, South Korea, Taiwan,
        Thailand, and Rest of Asia-Pacific Markets for Years 2007,
        2015 & 2020 (includes corresponding Graph/Chart)                III-85

        Table 88: Asia-Pacific Recent Past, Current & Future
        Analysis for Air Conditioning Systems by Product Segment -
        Room Air Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-86

        Table 89: Asia-Pacific Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-87

        Table 90: Asia-Pacific 14-Year Perspective for Air
        Conditioning Systems by Product Segment - Percentage
        Breakdown of Unit Sales for Room Air Conditioner and
        Packaged Air Conditioner Markets for Years 2007, 2015 & 2020
        (includes corresponding Graph/Chart)                            III-88

  5a. AUSTRALIA                                                         III-89
      A.Market Analysis                                                 III-89
        Current and Future Analysis                                     III-89
        Overview                                                        III-89
         Table 91: Australian Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-89
        Product Launch                                                  III-90
      B.Market Analytics                                                III-90
        Table 92: Australian Recent Past, Current & Future Analysis
        for Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-90

        Table 93: Australian Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-91

        Table 94: Australian 14-Year Perspective for Air
        Conditioning Systems by Product Segment - Percentage
        Breakdown of Unit Sales for Room Air Conditioner and
        Packaged Air Conditioner Markets for Years 2007, 2015 & 2020
        (includes corresponding Graph/Chart)                            III-92

  5b. CHINA                                                             III-93
      A.Market Analysis                                                 III-93
        Current and Future Analysis                                     III-93
        Market Overview                                                 III-93
         Table 95: Chinese Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-94
        Factors Driving Growth in the Appliance Market                  III-94
         Increasing Personal Incomes                                    III-94
         Trendy and Sophisticated Products                              III-94
         Improvement in Standard of Living                              III-94
         Replacement Demand                                             III-95
        2012 - A Challenging Year for the Market                        III-95
        China - The Global Manufacturing Hub                            III-96
        Growing Demand for Eco-Friendly Household Appliances in China   III-96
         Focus on Inverter Based Air Conditioners                       III-96
         Americans Vs Japanese - It’s a War of Standards                III-96
         China’s Efforts to Phase Out Usage of ODSs in Air Conditioners III-97
         R290 to Replace HCFC-22 as Refrigerant in RACs                 III-97
        E-Commerce - An Emerging Trend in the Market                    III-98
        Competitive Scenario                                            III-98
         Key Competitive Factors Driving Consumer Decision              III-98
         It’s a Shrinking World for the Smaller Players                 III-99
          Table 96: Chinese Air Conditioner Market (2013):
          Percentage Market Share Breakdown by Leading Manufacturers
          (includes corresponding Graph/Chart)                          III-99
        Corporate Development                                           III-99
        Product Launch                                                  III-100
        Focus on Select Players                                         III-100
      B.Market Analytics                                                III-103
        Table 97: Chinese Recent Past, Current & Future Analysis for
        Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-103

        Table 98: Chinese Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-104

        Table 99: Chinese 14-Year Perspective for Air Conditioning
        Systems by Product Segment - Percentage Breakdown of Unit
        Sales for Room Air Conditioner and Packaged Air Conditioner
        Markets for Years 2007, 2015 & 2020 (includes corresponding
        Graph/Chart)                                                    III-105

  5c. INDIA                                                             III-106
      A.Market Analysis                                                 III-106
        Current and Future Analysis                                     III-106
        Market Overview                                                 III-106
         Growth Drivers                                                 III-107
         Regional Demand Patterns                                       III-107
         Growing RAC Market                                             III-107
         Split ACs Overthrow Through-the-Window Models                  III-108
          Table 100: Indian Room Air Conditioner Market (2014):
          Percentage Share Breakdown of Unit Sales by Air
          Conditioning Type Segment - Split AC and Window AC
          (includes corresponding Graph/Chart)                          III-108
        Noteworthy Market Trends: Snapshots                             III-108
        Infrastructure Investments Boost Market Prospects for ACs in
         India                                                          III-109
        Energy-Efficient Products Foray into the Market                 III-109
         Adoption of Natural Refrigerants                               III-110
        Innovative Products Come to the Fore                            III-110
        High Product Prices & R&D Costs Limit Market Growth             III-110
        Competitive Landscape                                           III-111
         Table 101: Indian Air Conditioners Market (2014):
         Percentage Breakdown of Unit Sales by Leading Players -
         Voltas, LG, Samsung, Panasonic, Blue Star, Hitachi, and
         Others (includes corresponding Graph/Chart)                    III-111
        What the Future Holds in Store .                                III-112
        Product Launches                                                III-112
        Focus on Select Players                                         III-113
      B.Market Analytics                                                III-116
        Table 102: Indian Recent Past, Current & Future Analysis for
        Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-116

        Table 103: Indian Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-117

        Table 104: Indian 14-Year Perspective for Air Conditioning
        Systems by Product Segment - Percentage Breakdown of Unit
        Sales for Room Air Conditioner and Packaged Air Conditioner
        Markets for Years 2007, 2015 & 2020 (includes corresponding
        Graph/Chart)                                                    III-118

  5d. INDONESIA                                                         III-119
      A.Market Analysis                                                 III-119
        Current and Future Analysis                                     III-119
        Market Overview                                                 III-119
         Table 105: Indonesian Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-119
      B.Market Analytics                                                III-120
        Table 106: Indonesian Recent Past, Current & Future Analysis
        for Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-120

        Table 107: Indonesian Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-121

        Table 108: Indonesian 14-Year Perspective for Air
        Conditioning Systems by Product Segment - Percentage
        Breakdown of Unit Sales for Room Air Conditioner and
        Packaged Air Conditioner Markets for Years 2007, 2015 & 2020
        (includes corresponding Graph/Chart)                            III-122

  5e. MALAYSIA                                                          III-123
      A.Market Analysis                                                 III-123
        Current and Future Analysis                                     III-123
        Market Overview                                                 III-123
         Table 109: Malaysian Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-123
        Imports - A Major Source of Household Appliances                III-123
      B.Market Analytics                                                III-124
        Table 110: Malaysian Recent Past, Current & Future Analysis
        for Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-124

        Table 111: Malaysian Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-125

        Table 112: Malaysian 14-Year Perspective for Air
        Conditioning Systems by Product Segment - Percentage
        Breakdown of Unit Sales for Room Air Conditioner and
        Packaged Air Conditioner Markets for Years 2007, 2015 & 2020
        (includes corresponding Graph/Chart)                            III-126

  5f. PAKISTAN                                                          III-127
      A.Market Analysis                                                 III-127
        Current and Future Analysis                                     III-127
         Table 113: Pakistani Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-127
      B.Market Analytics                                                III-128
        Table 114: Pakistani Recent Past, Current & Future Analysis
        for Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-128

        Table 115: Pakistani Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-129

        Table 116: Pakistani 14-Year Perspective for Air
        Conditioning Systems by Product Segment - Percentage
        Breakdown of Unit Sales for Room Air Conditioner and
        Packaged Air Conditioner Markets for Years 2007, 2015 & 2020
        (includes corresponding Graph/Chart)                            III-130

  5g. SOUTH KOREA                                                       III-131
      A.Market Analysis                                                 III-131
        Current and Future Analysis                                     III-131
         Table 117: South Korean Room Air Conditioning Systems
         Market (2014): Percentage Breakdown of Volume Shipments by
         Product Type (includes corresponding Graph/Chart)              III-131
        Product Launches                                                III-131
        Focus on Select Players                                         III-132
      B.Market Analytics                                                III-133
        Table 118: South Korean Recent Past, Current & Future
        Analysis for Air Conditioning Systems by Product Segment -
        Room Air Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-133

        Table 119: South Korean Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-134

        Table 120: South Korean 14-Year Perspective for Air
        Conditioning Systems by Product Segment - Percentage
        Breakdown of Unit Sales for Room Air Conditioner and
        Packaged Air Conditioner Markets for Years 2007, 2015 & 2020
        (includes corresponding Graph/Chart)                            III-135

  5h. TAIWAN                                                            III-136
      A.Market Analysis                                                 III-136
        Current and Future Analysis                                     III-136
        Market Overview                                                 III-136
         Table 121: Taiwanese Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-136
      B.Market Analytics                                                III-137
        Table 122: Taiwanese Recent Past, Current & Future Analysis
        for Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-137

        Table 123: Taiwanese Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-138

        Table 124: Taiwanese 14-Year Perspective for Air
        Conditioning Systems by Product Segment - Percentage
        Breakdown of Unit Sales for Room Air Conditioner and
        Packaged Air Conditioner Markets for Years 2007, 2015 & 2020
        (includes corresponding Graph/Chart)                            III-139

  5i. THAILAND                                                          III-140
      A.Market Analysis                                                 III-140
        Current and Future Analysis                                     III-140
        Market Overview                                                 III-140
         Table 125: Thai Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-140
      B.Market Analytics                                                III-141
        Table 126: Thai Recent Past, Current & Future Analysis for
        Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-141

        Table 127: Thai Historic Review for Air Conditioning Systems
        by Product Segment - Room Air Conditioner and Packaged Air
        Conditioner Markets Independently Analyzed with Annual Sales
        Figures in ‘000 Units for Years 2007 through 2013 (includes
        corresponding Graph/Chart)                                      III-142

        Table 128: Thai 14-Year Perspective for Air Conditioning
        Systems by Product Segment - Percentage Breakdown of Unit
        Sales for Room Air Conditioner and Packaged Air Conditioner
        Markets for Years 2007, 2015 & 2020 (includes corresponding
        Graph/Chart)                                                    III-143

  5j. REST OF ASIA-PACIFIC                                              III-144
      A.Market Analysis                                                 III-144
        Current and Future Analysis                                     III-144
        Select Regional Markets - An Overview                           III-144
         Philippines                                                    III-144
         Vietnam                                                        III-144
      B.Market Analytics                                                III-145
        Table 129: Rest of Asia-Pacific Recent Past, Current &
        Future Analysis for Air Conditioning Systems by Product
        Segment - Room Air Conditioner and Packaged Air Conditioner
        Markets Independently Analyzed with Annual Sales Figures in
        ‘000 Units for Years 2014 through 2020 (includes
        corresponding Graph/Chart)                                      III-145

        Table 130: Rest of Asia-Pacific Historic Review for Air
        Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2007 through 2013 (includes corresponding
        Graph/Chart)                                                    III-146

        Table 131: Rest of Asia-Pacific 14-Year Perspective for Air
        Conditioning Systems by Product Segment - Percentage
        Breakdown of Unit Sales for Room Air Conditioner and
        Packaged Air Conditioner Markets for Years 2007, 2015 & 2020
        (includes corresponding Graph/Chart)                            III-147

  6. MIDDLE EAST & AFRICA                                               III-148
      A.Market Analysis                                                 III-148
        Current and Future Analysis                                     III-148
        Market Overview                                                 III-148
         Table 132: Middle East Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-148
      B.Market Analytics                                                III-149
        Table 133: Middle East & Africa Recent Past, Current &
        Future Analysis for Air Conditioning Systems by
        Country/Region - Saudi Arabia, UAE, Egypt and Rest of Middle
        East & Africa Markets Independently Analyzed with Annual
        Sales Figures in ‘000 Units for Years 2014 through 2020
        (includes corresponding Graph/Chart)                            III-149

        Table 134: Middle East & Africa Historic Review for Air
        Conditioning Systems by Country/Region - Saudi Arabia, UAE,
        Egypt and Rest of Middle East & Africa Markets Independently
        Analyzed with Annual Sales Figures in ‘000 Units for Years
        2007 through 2013 (includes corresponding Graph/Chart)          III-150

        Table 135: Middle East & Africa 14-Year Perspective for Air
        Conditioning Systems by Country/Region - Percentage
        Breakdown of Unit Sales for Saudi Arabia, UAE, Egypt and
        Rest of Middle East & Africa Markets for Years 2007, 2015 &
        2020 (includes corresponding Graph/Chart)                       III-151

        Table 136: Middle East & Africa Recent Past, Current &
        Future Analysis for Air Conditioning Systems by Product
        Segment - Room Air Conditioner and Packaged Air Conditioner
        Markets Independently Analyzed with Annual Sales Figures in
        ‘000 Units for Years 2014 through 2020 (includes
        corresponding Graph/Chart)                                      III-152

        Table 137: Middle East & Africa Historic Review for Air
        Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2007 through 2013 (includes corresponding
        Graph/Chart)                                                    III-153

        Table 138: Middle East & Africa 14-Year Perspective for Air
        Conditioning Systems by Product Segment - Percentage
        Breakdown of Unit Sales for Room Air Conditioner and
        Packaged Air Conditioner Markets for Years 2007, 2015 & 2020
        (includes corresponding Graph/Chart)                            III-154

  6a. SAUDI ARABIA                                                      III-155
      A.Market Analysis                                                 III-155
        Current and Future Analysis                                     III-155
        Kingdom of Saudi Arabia: Overview of the AC Market              III-155
         Table 139: Saudi Arabian Room Air Conditioning Systems
         Market (2014): Percentage Breakdown of Volume Shipments by
         Product Type (includes corresponding Graph/Chart)              III-155
         New Constructions Boost Demand for Air Conditioning Systems    III-156
         VRF Systems Grow in Popularity                                 III-156
         Japan-Made ACs Lose Share to Korean and Thai Products          III-156
        Daikin Air Conditioning Saudi Arabia LLC - A Key Player         III-156
      B.Market Analytics                                                III-157
        Table 140: Saudi Arabian Recent Past, Current & Future
        Analysis for Air Conditioning Systems by Product Segment -
        Room Air Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-157

        Table 141: Saudi Arabian Historic Review for Air
        Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2007 through 2013 (includes corresponding
        Graph/Chart)                                                    III-158

        Table 142: Saudi Arabian 14-Year Perspective for Air
        Conditioning Systems by Product Segment - Percentage
        Breakdown of Unit Sales for Room Air Conditioner and
        Packaged Air Conditioner Markets for Years 2007, 2015 & 2020
        (includes corresponding Graph/Chart)                            III-159

  6b. THE UNITED ARAB EMIRATES                                          III-160
      A.Market Analysis                                                 III-160
        Current and Future Analysis                                     III-160
        United Arab Emirates - A Major Market                           III-160
         Table 143: UAE Room Air Conditioning Systems Market (2014):
         Percentage Breakdown of Volume Shipments by Product Type
         (includes corresponding Graph/Chart)                           III-161
        Growth of Construction Sector to Drive Growth in UAE AC Market  III-161
         Indoor Rooftop PACs: A Niche Segment                           III-161
        An Insight into Mini-Split Air Conditioner Market               III-161
         Environment Friendly Air Conditioning Witnessing Growth        III-162
        Competitive Landscape                                           III-162
      B.Market Analytics                                                III-163
        Table 144: UAE Recent Past, Current & Future Analysis for
        Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-163

        Table 145: UAE Historic Review for Air Conditioning Systems
        by Product Segment - Room Air Conditioner and Packaged Air
        Conditioner Markets Independently Analyzed with Annual Sales
        Figures in ‘000 Units for Years 2007 through 2013 (includes
        corresponding Graph/Chart)                                      III-164

        Table 146: UAE 14-Year Perspective for Air Conditioning
        Systems by Product Segment - Percentage Breakdown of Unit
        Sales for Room Air Conditioner and Packaged Air Conditioner
        Markets for Years 2007, 2015 & 2020 (includes corresponding
        Graph/Chart)                                                    III-165

  6c. EGYPT                                                             III-166
      A.Market Analysis                                                 III-166
        Current and Future Analysis                                     III-166
         Table 147: Egyptian Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-166
        Product Launch                                                  III-166
      B.Market Analytics                                                III-167
        Table 148: Egyptian Recent Past, Current & Future Analysis
        for Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-167

        Table 149: Egyptian Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-168

        Table 150: Egyptian 14-Year Perspective for Air Conditioning
        Systems by Product Segment - Percentage Breakdown of Unit
        Sales for Room Air Conditioner and Packaged Air Conditioner
        Markets for Years 2007, 2015 & 2020 (includes corresponding
        Graph/Chart)                                                    III-169

  6d. REST OF MIDDLE EAST & AFRICA                                      III-170
      A.Market Analysis                                                 III-170
        Current and Future Analysis                                     III-170
        Overview of Select Regional Markets                             III-170
         Oman: Commercial Air-Conditioning Market Surges                III-170
         Qatar - A Potential Air Conditioner Market                     III-170
         South Africa Air Conditioner Market                            III-171
        Product Launch                                                  III-171
      B.Market Analytics                                                III-172
        Table 151: Rest of Middle East & Africa Recent Past, Current
        & Future Analysis for Air Conditioning Systems by Product
        Segment - Room Air Conditioner and Packaged Air Conditioner
        Markets Independently Analyzed with Annual Sales Figures in
        ‘000 Units for Years 2014 through 2020 (includes
        corresponding Graph/Chart)                                      III-172

        Table 152: Rest of Middle East & Africa Historic Review for
        Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2007 through 2013 (includes corresponding
        Graph/Chart)                                                    III-173

        Table 153: Rest of Middle East & Africa 14-Year Perspective
        for Air Conditioning Systems by Product Segment - Percentage
        Breakdown of Unit Sales for Room Air Conditioner and
        Packaged Air Conditioner Markets for Years 2007, 2015 & 2020
        (includes corresponding Graph/Chart)                            III-174

  7. LATIN AMERICA                                                      III-175
      A.Market Analysis                                                 III-175
        Current and Future Analysis                                     III-175
         Table 154: Latin American Room Air Conditioning Systems
         Market (2014): Percentage Breakdown of Volume Shipments by
         Product Type (includes corresponding Graph/Chart)              III-175
      B.Market Analytics                                                III-176
        Table 155: Latin American Recent Past, Current & Future
        Analysis for Air Conditioning Systems by Country/Region -
        Argentina, Brazil, Mexico, and Rest of Latin America Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-176

        Table 156: Latin American Historic Review for Air
        Conditioning Systems by Country/ Region - Argentina, Brazil,
        Mexico, and Rest of Latin America Markets Independently
        Analyzed with Annual Sales Figures in ‘000 Units for Years
        2007 through 2013 (includes corresponding Graph/Chart)          III-177

        Table 157: Latin American 14-Year Perspective for Air
        Conditioning Systems by Country/Region - Percentage
        Breakdown of Unit Sales for Argentina, Brazil, Mexico, and
        Rest of Latin America Markets for Years 2007, 2015 & 2020
        (includes corresponding Graph/Chart)                            III-178

        Table 158: Latin American Recent Past, Current & Future
        Analysis for Air Conditioning Systems by Product Segment -
        Room Air Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-179

        Table 159: Latin American Historic Review for Air
        Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2007 through 2013 (includes corresponding
        Graph/Chart)                                                    III-180

        Table 160: Latin American 14-Year Perspective for Air
        Conditioning Systems by Product Segment - Percentage
        Breakdown of Unit Sales for Room Air Conditioner and
        Packaged Air Conditioner Markets for Years 2007, 2015 & 2020
        (includes corresponding Graph/Chart)                            III-181

  7a. ARGENTINA                                                         III-182
      A.Market Analysis                                                 III-182
        Current and Future Analysis                                     III-182
        Market Overview                                                 III-182
         Table 161: Argentinean Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-182
      B.Market Analytics                                                III-183
        Table 162: Argentinean Recent Past, Current & Future
        Analysis for Air Conditioning Systems by Product Segment -
        Room Air Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-183

        Table 163: Argentinean Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013(includes corresponding Graph/Chart)                        III-184

        Table 164: Argentinean 14-Year Perspective for Air
        Conditioning Systems by Product Segment - Percentage
        Breakdown of Unit Sales for Room Air Conditioner and
        Packaged Air Conditioner Markets for Years 2007, 2015 & 2020
        (includes corresponding Graph/Chart)                            III-185

  7b. BRAZIL                                                            III-186
      A.Market Analysis                                                 III-186
        Current and Future Analysis                                     III-186
        Market Overview                                                 III-186
         Table 165: Brazilian Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-186
      B.Market Analytics                                                III-187
        Table 166: Brazilian Recent Past, Current & Future Analysis
        for Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-187

        Table 167: Brazilian Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-188

        Table 168: Brazilian 14-Year Perspective for Air
        Conditioning Systems by Product Segment - Percentage
        Breakdown of Unit Sales for Room Air Conditioner and
        Packaged Air Conditioner Markets for Years 2007, 2015 & 2020
        (includes corresponding Graph/Chart)                            III-189

  7c. MEXICO                                                            III-190
      A.Market Analysis                                                 III-190
        Current and Future Analysis                                     III-190
        Market Overview                                                 III-190
         Table 169: Mexican Room Air Conditioning Systems Market
         (2014): Percentage Breakdown of Volume Shipments by Product
         Type (includes corresponding Graph/Chart)                      III-190
      B.Market Analytics                                                III-191
        Table 170: Mexican Recent Past, Current & Future Analysis
        for Air Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2014 through 2020 (includes corresponding
        Graph/Chart)                                                    III-191

        Table 171: Mexican Historic Review for Air Conditioning
        Systems by Product Segment - Room Air Conditioner and
        Packaged Air Conditioner Markets Independently Analyzed with
        Annual Sales Figures in ‘000 Units for Years 2007 through
        2013 (includes corresponding Graph/Chart)                       III-192

        Table 172: Mexican 14-Year Perspective for Air Conditioning
        Systems by Product Segment - Percentage Breakdown of Unit
        Sales for Room Air Conditioner and Packaged Air Conditioner
        Markets for Years 2007, 2015 & 2020 (includes corresponding
        Graph/Chart)                                                    III-193

  7d. REST OF LATIN AMERICA                                             III-194
       Market Analysis                                                  III-194
        Table 173: Rest of Latin America Recent Past, Current &
        Future Analysis for Air Conditioning Systems by Product
        Segment - Room Air Conditioner and Packaged Air Conditioner
        Markets Independently Analyzed with Annual Sales Figures in
        ‘000 Units for Years 2014 through 2020 (includes
        corresponding Graph/Chart)                                      III-194

        Table 174: Rest of Latin America Historic Review for Air
        Conditioning Systems by Product Segment - Room Air
        Conditioner and Packaged Air Conditioner Markets
        Independently Analyzed with Annual Sales Figures in ‘000
        Units for Years 2007 through 2013 (includes corresponding
        Graph/Chart)                                                    III-195

        Table 175: Rest of Latin America 14-Year Perspective for Air
        Conditioning Systems by Product Segment - Percentage
        Breakdown of Unit Sales for Room Air Conditioner and
        Packaged Air Conditioner Markets for Years 2007, 2015 & 2020
        (includes corresponding Graph/Chart)                            III-196


 IV. COMPETITIVE LANDSCAPE

     Total Companies Profiled: 128 (including Divisions/Subsidiaries - 197)

     The United States (58)
     Canada (2)
     Japan (13)
     Europe (29)
     - France (3)
     - Germany (1)
     - The United Kingdom (3)
     - Italy (11)
     - Spain (1)
     - Rest of Europe (10)
     Asia-Pacific (Excluding Japan) (81)
     Middle East (10)
     Africa (4)
Additional Information:
This report is offered in PDF format via e-mail. Once downloaded, the PDF can’t be copied to another computer. The user is permitted to print one full copy of the report. Extra copies or licenses may be purchased at 10% of the list price.
Date of Publication:
Mar 9, 2015
Number of Pages:
458 Pages
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