World Air Conditioning Systems Market

World Air Conditioning Systems Market

This report analyzes the worldwide markets for Air Conditioning Systems in Thousands of Units. The specific product segments analyzed are Room Air Conditioners, and Packaged Air Conditioners. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, Latin America, and Middle East & Africa. Annual forecasts are provided for each region for the period of 2000 through 2015. The report profiles 328 companies including many key and niche players worldwide such as Airwell, Aisin Seiki Co. Ltd., Trane Inc., Aux Group, Blue Star, Carrier Corp, Carrier Airconditioning and Refrigeration Ltd., Chunlan Corporation, Daewoo Electronics Corporation, Daikin Industries, Daikin Airconditioning India Pvt. Ltd., De’Longhi SpA , Dunham-Bush (Malaysia) Berhad, Electra Consumer Products Ltd., Fedders Corporation, Fläkt Woods Group, GE Appliances, Goodman Manufacturing Company, L.P., Haier Group, Haier America, Hisense Group, Hitachi, Hitachi Home & Life Solutions Ltd, LG Electronics Inc., Matsushita Electric Industrial Co., Ltd.., O.Y.L. Industries BHD, Sanden Corporation, Sharp Corporation, Teco Electric & Machinery Co., Ltd., Toshiba Carrier Corporation, Voltas Ltd., Whirlpool Corporation, York International Corporation, Zamil Air Conditioners, and Zhuhai Gree Group Corp. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

AIR CONDITIONING SYSTEMS MCP-2253
A GLOBAL STRATEGIC BUSINESS REPORT


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. Overview II-1
It’s a Cool World with Hot Opportunities II-1
Air Conditioning - The Concept II-1
Factors Driving Growth II-1

2. Current And Future Analysis II-2
Regional perspective II-2
Table 1: World Market for Air Conditioning Systems
(2000-2010): Geographic Regions Ranked by Growth - United
States, Canada, Japan, Europe, Asia-Pacific (Excluding
Japan), Latin America and the Middle East & Africa (includes
corresponding Graph/Chart) II-2
Dollar Sales Analysis II-2
Table 2: World Recent Past, Current & Future Analysis for Air
Conditioning Systems by Geographic Region – North America,
Japan, Europe, Asia-Pacific and Rest of World Markets
Independently Analyzed with Annual Sales Figures in US$
Billion for Years 2003 through 2006 (includes corresponding
Graph/Chart) II-3
Product segment perspective II-3
Table 3: World Market for Air Conditioning Systems
(2000-2010): Product Segments Ranked by Growth - Room Air
Conditioners and Packaged Air Conditioners II-3

3. Competitive Analysis II-4
Established Players Call the Shots II-4
Parameters Affecting Consumer Purchase Decision II-4
Leading Players - An Overview II-4
Table 4: Leading Players in the Worldwide HVAC Market (2004 &
2005 Historic Data) – Percentage Breakdown of Sales Revenues
for Carrier Corp., Trane Co., Daikin Industries, Mitsubishi
Electric Co., York International Corp., and Others (includes
corresponding Graph/Chart) II-4
A Quick Listing of Leading Players in Global & Regional Air
Conditioner Markets II-5

4. Product Overview & Segmentation II-6
Conceptual Definition II-6
Controlling Temperature & Humidity Likewise II-6
Heating Systems II-6
Cooling Systems II-6
Ventilation II-6
Humidity Control II-6
Components of an Air Conditioning System II-6
Stages in Air Conditioning II-7
Segmentation Bases II-7
Segmentation Based on Equipment Type II-7
Room Air Conditioners II-7
Packaged Air Conditioners II-8
Central Air Conditioners II-8
Packaged Central Air Conditioners II-8
Split Air Conditioners II-8
Mini-Split Air-Conditioners II-8
Ductless Air Conditioning Systems II-9
Terminal Air Conditioning Systems II-9
Parts & Accessories II-9
Chillers II-9
Compressors - Nucleus of Conditioners II-9
Table 5: World Market for Air Conditioning Compressors (2003):
Annual Sales Figures in Millions of Units by type - Rotary,
Scroll, Reciprocating, Screw, and Centrifugal (includes
corresponding Graph/Chart) II-9
Reciprocating Compressor II-9
Double Acting Reciprocating Compressor II-10
Rotary Compressor II-10
Screw (Helical) Compressor II-10
Centrifugal Compressor II-10
Scroll Compressors II-10
Desiccants II-10
No Threat to Compressors II-11
Centrifugal Blowers II-11
Water-Cooled Condensers II-11
Heat Pipes II-11
Air Handling Systems II-12
Heat Pumps II-12
Electronic Case Controls II-12
Electronic Air Cleaners II-12
Air-Filtration Systems II-12
Maintenance & Services II-12
Sick Building Syndrome (SBS): Effect of Little or No
Maintenance II-12
Segmentation Based on End-Use Application II-13
Residential Air Conditioning II-13
Construction Sector II-13
Commercial Air Conditioning II-13
Tourism & Hotel Industry II-13
Tents: New End-Use Segment II-14
Industrial Air Conditioning II-14
Automotive Air Conditioning II-14
Making the Ride Cool II-14
Safety Against Pollution II-14
R-134A Refrigerant Replaces R-12 II-15

5. Recent Industry Activity II-16
Carrier Thailand Acquires Refrigo II-16
Carrier Corp. Takes Over Georgia Chiller II-16
Comfort Systems Acquires Conditioned Air Mechanical Services II-16
Carrier Corp Takes Over Sharp Mechanical II-16
Ingersoll Rand Acquires Trane II-17
Lloyd Electric Acquires Luvata Czech II-17
Goodman Global Merges with an affiliate of Hellman & Friedman II-17
Moro Takes Over J & J Heating and Cooling II-18
G & L Beijer AB Acquires Fridanair II-18
Voltas Takes Over Comfort Products II-18
Daikin Industries Acquires Svenska Daikin AB II-18
Rotoblock to Acquire Majority Stake in Hikom Gottell II-19
Project First Acquires Red Kite II-19
Midea to Set Up Home Air-Conditioner Joint Venture II-19
Zamil Air Conditioners Enters into a Joint Venture Agreement
with Advantec Coils II-19
Denso to Establish Bus Air Conditioning Systems Joint Venture II-20
Bajaj Ties up with Securiton, Switzerland and Delta Controls,
Canada II-20
Daikin Inks an Agreement with Gree to Manufacture Inverter Air
Conditioners II-20
Blue Star Wins an Order Worth Rs 38 Crore from NPCIL II-21
Carrier Supplies Power Saving Solutions to Shanghai Harbor II-21
MITSUBISHI ELECTRIC Inks Agreement with PACAIR II-22
LG Sign Collaborative Agreement with Siemens II-22
CIT and Lennox Enter Vendor Financing Agreement II-22
PriceEnergy Signs Agreement with Service Experts Inc II-22
Matsushita Electric Joins Daikin to Expand Home Air
Conditioners Tie-Up II-23
Midea Group to Manufacture Air Conditioners in its Vietnam
Based Plant II-23
Trane Opens Global R&D Center in Chennai II-23
Daikin to Establish Air-conditioning Systems Production Plant
in Rajasthan II-24
ETA Engineering to Establish Air Conditioning Systems Facility
in India II-24
DENSO to Establish Manufacturing Company in Japan II-24
Fedders Corporation Divests Fedders Addison II-25
Fedders Corporation Divests Fedders Islandaire II-25
Fedders Divests Assets and Businesses to Airwell Air Conditioning II-25
Denso to Dissolve Doowon Air Conditioning Venture II-25
Matsushita to be Re-Christened as ‘Panasonic Corporation’ II-25
SolCool One Closes Sale of Millennia Units to SolCool Africa II-26
Watsco to Take Over ACR Group II-26
AquaCell Takes Over GPM II-26
GSH Group Acquires Delta Environmental Services II-27
Dometic Takes Over Waeco Group II-27
Hastie Acquires Norfolk Facilities’ Business II-27
Carrier Announces Acquisition of Longville Group II-28
Daikin Europe Acquires Itho Airconditioning II-28
SNC Former Acquires Assets of York Industrial II-28
G&L Beijer Acquires Clima Sverige II-28
Source Refrigeration Takes Over Arsenal Capital II-29
Daikin Completes Acquisition of OYL II-29
Fläkt Woods to Take Over Semco Incorporated II-29
Sagard Takes Over Fläkt Woods II-29
Automated Logic Takes Over Marietta Automated II-30
Agromash Takes Over DBM II-30
Johnson Controls Takes Over Skymark International II-30
Vaillant Group Takeover Stake in Türk DemirDöküm Fabrikalari II-31
Rheem Australia Acquires Accent Air II-31
Carrier Acquires E.B. Ward & Company/Valair II-31
KPS Capital Partners Takes Over Bristol II-32
Norfolk Group Acquires Trans American Air-conditioning II-32
Daikin and Arkema Establishes Joint Venture Entities II-32
Modine Bags a Contract from US RDECOM II-32
Modine Obtains Program from Daedong Industrial II-33
Fläkt Woods Bags Contract for Supply of AC Units to ‘La Femme’
Building II-33
Blue Star Secures Major Air Conditioning Contract from MediCity II-33
Carrier to Provide Air-Conditioning Systems to Pan-America
Olympics Games II-33
Johnson Controls and US Airconditioning Distributors Sign
Agreement II-34
Zamil Air Conditioners Bags Significant New Projects in Saudi
Arabia II-34
Blue Star to Establish a New Production Facility in Maharashtra II-35
LG and LG-Shaker Starts Construction of a New Facility in Riyadh II-35
FGCA to Set Up a New Production Facility for A/C II-35
Fläkt Woods Inaugurates a Subsidiary in China II-36
Daikin to Setup an Office in Turkey for First Time Japanese
Operations in Istanbul II-36
Lennox to Open Lll United Products II-37
American Standard Changes Name II-37
Fedders Announces Divestment of Polenz to ACE Klimatechnik II-37
Caxton-Iseman and Royal Palm Capital Acquire American
Residential Services II-37
De Longhi Acquires RC Lux II-38
Parker Acquires AC&R Business of Acal II-38
Delmo Wears Carrier’s Band II-38
ZAC Bags Two Prestigious Awards II-39
Daewoo Electronics Bags Abu Dhabi Project of NIC II-39
Zamil CoolCare Signs Several Contracts with Saudi Electricity II-39
Zamil Signs HVAC Contract . II-39
Blue Star to Expand its Product Line II-40
Hitachi and GAMI Join to Establish Water Chiller Plant II-40
Zamil Establishes A/C Testing Lab . II-40
Daikin Launches Sales Affiliate in Greece . II-40
Mitsubishi Targets Europe and China II-40
Hisense Acquires Kelon II-40
Matsushita Electric to Commence Closure of Matsushita Air-
Conditioning II-41
Emerson Restructures Operations, Establishes New Legal Company II-41
Danfoss to Consolidate Commercial CompressorOperations II-41
Fläkt Woods Relocates to New Facility in Colchester II-42
Hisense Australia Makes Official Debut in Australia II-42
York International Taken Over by Johnson Controls . II-42
Fedders Buys Majority Stake in Islandaire . II-42
Toshiba Carrier Owns Stake in Midea II-42
Mitsubishi Heavy and Hitachi Revoke Joint Venture Plan II-43
Climaveneta Transfers A/C Division II-43
Galanz Commences Production of Air Conditioners II-43
Sampo. and Haier-CCT holdings Ltd. in a Joint Venture II-43
Delphi Enters into an agreement with Idalex Technologies II-43
Daikin Acquires DSL to Form Indian Subsidiary II-43
Polar Bay Acquired Over by Dometic II-44
Apollo Management, L.P acquires Goodman Global Holdings, Inc II-44
Hitachi and MHI Integrate Air-Conditioning & Refrigeration
Operations II-44
Galanz Shifts Focus to High-End Air Conditioners II-44
Matsushita Downsizes Air-Conditioning Production in India II-44
Chunlan Group Expands Air Conditioning Production Base II-44
Parker Collaborates With Siemens Building Technologies II-44
Parker Acquires Sporlan Valve Company II-45
Panasonic Transfers Air-Conditioning Business II-45
Daikin and Matsushita Establish Joint Venture II-45
York Expands into Chinese Household Air-Conditioner Market II-45
Changhong Initiates Strategic Agreement with China Resources Unit II-45
Teling Manufacturing Establishes R&D Center in Shanghai II-45
Industry Activity in Recent Past II-45
TCL Teams up with Daikin II-45
Hitachi Buys a Major Stake in Amtrex II-46
NORDYNE chooses Emerson Climate Technologies II-46
Videocon Sells its 30% Share in Matsushita Air-conditioning
India Ltd II-46
Trane Forges Alliance with Daikin II-46
Carrier Launches a Division in Brazil II-46
Fujitsu Launches General Brand Air Conditioner Unit II-46
LG Establishes an Air Conditioner Plant II-46
LG Increases Production Capacity in Tianjin Plant II-46
Carrier Launches Daman Division II-47
Fedders Forms an Agreement with Maytag II-47
Daikin Inks an Agreement with Usha II-47
Fujitsu Collaborates with ETA Ascon II-47
Electrolux Enters into a Contract with Voltas II-47
Doosan Inks a Contract with Matsushita II-47

6. Product Launches and Developments II-48
Blue Star Introduces Energy Efficient Split Air-Conditioners II-48
Haier America Launches Paragon II-48
Emerson Introduces R-410A Copeland Scroll Digital™ II-48
LG Launches New Range of Air Conditioners II-48
Voltas Introduces New Line of Room Air Conditioners II-49
Haier Introduces 2008 Air Conditioners and Refrigerators Range II-49
SAMSUNG India Unveils 2008 Line of Biosleep Air Conditioners II-49
Blue Star Unveils VRF AC Systems II-50
Sanyo Launches Eco G Power for Heating and Cooling II-50
Zamil Air Conditioners Introduces Cooline Brand II-50
Watkins Hire Launches KwikCOOL 25 7.4kW Portable Air Conditioner II-51
Panasonic Launches Air-Conditioners with E-ion Air
Purification System II-51
Carrier Airconditioning Introduces Energy Efficient Air
Conditioners II-51
Emerson Launches New UltraTech™ Communication System II-51
ZAC Launches New Packaged Roof Top Air Conditioner Series II-52
Samsung Introduces New Air Conditioner Series II-52
SolCool and GPM to Introduce V4 SolCool Air Conditioning and
Heating System II-53
Al Asalah Introduces Multi VTM Central Air-Conditioning System II-53
Haier Launches Range of Air Conditioners II-53
GenX Series Cooling Solutions from Carrier India II-53
Carrier Launches Rooftop A/C Systems II-54
Trane Unwraps New Chillers II-54
LG Launches Eco-Friendly A/C II-54
Carrier Releases 13 SEER-Compliant A/C System II-54
New Set of Unitary Split A/C Systems from Fedders II-54
Latest Ductless Mini-Split A/Cs from Fedders II-54
Panasonic Rolls Out X Series of A/Cs II-55
Latest 15-Foot Bus A/C Systems from Modine II-55
Mitsubishi Electric Corp Introduces New A/C Model II-55
Sanyo Introduces New Series of Air-Conditioners II-55
Emerson Unveils New Copeland Scroll Compressor II-55
Fujitsu Offers Halycon IAQ Ductless Mini-Split Systems II-55
LG Algerie Unveils New Air Conditioner II-56
Vaillant Introduces Air Conditioners in Turkey II-56
I-BHD Unveils Latest Air Conditioners II-56
LG Electronics Launches New Air Conditioner II-56
GE Launches Zoneline Air Conditioners II-56
Daikin Introduces New Series of Wall-Mounted Air-Conditioner II-56
Matsushita Electric Industrial Co., Ltd Unveils New X Series
Air-Conditioners II-56
Trane Introduces CenTraVac™ II-57
Blue Star Starts New Turbo Rotary Remote Air Conditioners II-57
Voltas Launches Vertis Line of Air Conditioners II-57
Haier Group Unveils Mini Air Conditioner II-57
NKK Launches Storage Medium II-57
Carrier Launches Inverta Air Conditioners II-57
SEIL Introduces Insta-Chill II-58
Amtrex Hitachi Launches Kaimin II-58
LG Introduces Latest Split Air Conditioners II-58
Voltas Launches Verdant Deluxe II-58
Whirlpool Introduces Airy Unit II-58
Carrier Launches Global Series Models II-58
Electrolux Launches Maxclean II-58
Trane Launches E-Business Solution for HVAC Contractors II-58
Carrier Aircon Unveils Split and Window Air Conditioners II-58

7. Focus on Select Players II-59
Airwell (Australia) II-59
Aisin Seiki Co. Ltd. (Japan) II-59
Trane Inc. (US) II-59
Aux Group (China) II-59
Blue Star (India) II-60
Carrier Corp. (US) II-60
Carrier Airconditioning and Refrigeration Ltd. (India) II-60
Chunlan Corporation (China) II-61
Daewoo Electronics Corporation (South Korea) II-61
Daikin Industries (Japan) II-61
Daikin Airconditioning India Pvt. Ltd. (India) II-62
De’Longhi SpA (Italy) II-62
Dunham-Bush (Malaysia) Berhad (Malaysia) II-62
Electra Consumer Products Ltd. (Israel) II-63
Fedders Corporation (US) II-63
Fläkt Woods Group (Switzerland) II-63
GE Appliances (US) II-64
Goodman Manufacturing Company, L.P. (US) II-64
Haier Group (China) II-65
Haier America (US) II-65
Hisense Group (China) II-65
Hitachi (Japan) II-65
Hitachi Home & Life Solutions (India) Ltd. (India) II-65
LG Electronics Inc. (South Korea) II-66
Matsushita Electric Industrial Co., Ltd. (Japan) II-66
GD Midea Holding Co., Ltd (China) II-67
Mitsubishi Electric (Japan) II-67
Mitsubishi Electric Consumer Products (Thailand) Co., Ltd.
(Thailand) II-67
O.Y.L. Industries BHD (“OYL”) (Malaysia) II-68
Sanden Corporation (Japan) II-68
Sharp Corporation (Japan) II-68
Teco Electric & Machinery Co., Ltd. (Taiwan) II-69
Toshiba Carrier Corporation (Japan) II-69
Voltas Ltd. (India) II-69
Whirlpool Corporation (US) II-70
York International Corporation (US) II-70
Zamil Air Conditioners (Saudi Arabia) II-70
Zhu Hai Gree Corporation (China) II-70

8. Global Market Perspective II-71
Table 6: World Recent Past, Current & Future Analysis for Air
Conditioning Systems by Geographic Region - United States,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin
America, and Middle East & African Markets Independently
Analyzed with Annual Sales Figures in ‘000 Units for Years
2000 through 2010 (includes corresponding Graph/Chart) II-71

Table 7: World Long-term Projections for Air Conditioning
Systems by Geographic Region - United States, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America, and
Middle East & African Markets Independently Analyzed with
Annual Sales Figures in ‘000 Units for Years 2011 through 2015
(includes corresponding Graph/Chart) II-72

Table 8: World 10-Year Perspective for Air Conditioning
Systems by Geographic Region - Percentage Breakdown of Unit
Sales for United States, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America, and Middle East & African
Markets for Years 2003, 2008 & 2012 (includes corresponding
Graph/Chart) II-73

Table 9: World Recent Past, Current & Future Analysis for
Room Air Conditioners by Geographic Region - United States,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin
America, and Middle East & African Markets Independently
Analyzed with Annual Sales Figures in ‘000 Units for Years
2000 through 2010 (includes corresponding Graph/Chart) II-74

Table 10: World Long-term Projections for Room Air
Conditioners by Geographic Region - United States, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Latin America,
and Middle East & African Markets Independently Analyzed with
Annual Sales Figures in ‘000 Units for Years 2011 through 2015
(includes corresponding Graph/Chart) II-75

Table 11: World 10-Year Perspective for Room Air Conditioners
by Geographic Region – Percentage Breakdown of Unit Sales for
United States, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America, and Middle East & African Markets for
Years 2003, 2006 & 2012(includes corresponding Graph/Chart) II-76

Table 12: World Recent Past, Current & Future Analysis for
Packaged Air Conditioners by Geographic Region - United
States, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America, and Middle East & African Markets Independently
Analyzed with Annual Sales Figures in ‘000 Units for Years
2000 through 2010 (includes corresponding Graph/Chart) II-77

Table 13: World Long-term Projections for Packaged Air
Conditioners by Geographic Region - United States, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Latin America,
and Middle East & African Markets Independently Analyzed with
Annual Sales Figures in ‘000 Units for Years 2011 through 2015
(includes corresponding Graph/Chart) II-78

Table 14: World 10-Year Perspective for Packaged Air
Conditioners by Geographic Region - Percentage Breakdown of
Unit Sales for United States, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America, and Middle
East & African Markets for Years 2003, 2008 & 2012 (includes
corresponding Graph/Chart) II-79


III. MARKET

1. The United States III-1
A.Market Analysis III-1
Current and Future Analysis III-1
2006 – A Growth Prospective Year III-1
HVAC Industry Overview III-2
Factors Driving the Market III-2
Seasonal Energy Efficiency Ratio (SEER) 13 III-2
13 SEER Brings Opportunities & Threats to Manufacturers III-2
13 SEER Challenges III-3
ENERGY STAR – Another Standard III-3
Competitive Analysis III-3
Table 15: Air Conditioning Equipment (Core Comfort
Conditioning) Market in the United States (2004 & 2005) -
Percentage Share of Leading Players by Retail Sales Value
for Carrier, Goodman, Electrolux, Fedders, Whirlpool,
American Standard/Trane, and Others (includes corresponding
Graph/Chart) III-4
Distribution Dynamics III-4
Table 16: Room Air Conditioner Market in the United States
(2004): Percentage Share of Retail Sales by Distribution
Channel - Chain Stores, Mass Merchants and Clubs, Home
Improvement Centers, and Appliance and Electronic Stores
(includes corresponding Graph/Chart) III-4
Strategic Corporate Developments III-5
Product Developments & Launches III-13
Key Players III-16
Trane Inc. III-16
Carrier Corporation. III-16
Copeland Corporation III-17
Fedders Corporation III-17
GE Appliances III-18
Goodman Manufacturing Company III-18
Haier America III-18
Parker Hannifin Corporation III-18
S I Goldman Company Inc./Comfort Systems USA III-19
Whirlpool Corporation III-19
York International Corporation III-19
B.Market Analytics III-20
Table 17: 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 2000 through 2010 (includes corresponding
Graph/Chart) III-20

Table 18: US Long-term Projections 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 2011 through
2015 (includes corresponding Graph/Chart) III-20

Table 19: US 10-Year Perspective for Air Conditioning
Systems by Product Segment - Percentage Breakdown of Unit
Sales for Room Air Conditioner and Packaged Air Conditioner
Markets for 2003, 2008 & 2012 III-21

2. Canada III-22
A.Market Analysis III-22
Current and Future Analysis III-22
US-Canada Trade Agreement - Root Cause for Consolidation in
Canadian AC Industry III-22
End-Uses of Air Conditioning Equipment III-22
Distribution Practices III-22
Strategic Corporate Developments III-23
B.Market Analytics III-23
Table 20: 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 2000 through 2010 (includes corresponding
Graph/Chart) III-23

Table 21: Canadian Long-term Projections 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 2011 through 2015 (includes corresponding
Graph/Chart) III-24

Table 22: Canadian 10-Year Perspective for Air Conditioning
Systems by Product Segment - Percentage Breakdown of Unit
Sales for Room Air Conditioner and Packaged Air Conditioner
Markets for 2003, 2008 & 2012 III-24

3. Japan III-25
A.Market Analysis III-25
Current and Future Analysis III-25
Rapid Growth in Asian RAC Market Presents New Opportunities
for Japanese Majors III-25
Emergence of a New Refrigerant Era in Japan III-25
Competitive Analysis III-25
Table 23: Japanese Market for Packaged Air Conditioners
(2003 & 2005): Percentage Breakdown of Leading Players in
Terms of Production Value - Daikin, Mitsubishi Electric,
Hitachi, Mitsubishi Heavy Electric, Matsushita, Toshiba
Carrier and Others (includes corresponding Graph/Chart) III-26

Table 24: Japanese Market for Window & Wall- Mounted Air
Conditioners (2003 & 2005): Percentage Breakdown of Leading
Players in Terms of Production Value - Matsushita Electric
Industrial, Mitsubishi Electric, Mitsubishi Heavy
Industries, Toshiba Carrier, Sanyo Electric and Others
(includes corresponding Graph/Chart) III-26
Strategic Corporate Developments III-27
Product Developments & Launches III-29
Focus on Select Players III-30
Aisin Seiki Co. Ltd. III-30
Daikin Industries III-31
Hitachi III-31
Matsushita Electric Industrial Co., Ltd III-31
Mitsubishi Electric III-32
Sanden Corporation III-32
Sharp Corporation III-32
Toshiba Carrier Corporation III-32
B.Market Analytics III-33
Table 25: 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 2000 through 2010 (includes corresponding
Graph/Chart) III-33

Table 26: Japanese Long-term Projections 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 2011 through 2015 (includes corresponding
Graph/Chart) III-33

Table 27: Japanese 10-Year Perspective for Air Conditioning
Systems by Product Segment - Percentage Breakdown of Unit
Sales for Room Air Conditioner and Packaged Air Conditioner
Markets for 2003, 2008 & 2012 III-34

4. Europe III-35
A.Market Analysis III-35
Current and Future Analysis III-35
Regional Perspective III-35
Table 28: European Market for Air Conditioning Systems
(2000-2010): Geographic Regions Ranked by Growth - France,
Germany, Italy, UK, Spain and Rest of Europe (includes
corresponding Graph/Chart) III-35
Product Segment Perspective III-35
Table 29: European Market for Air Conditioning Systems
(2000-2010): Product Segments Ranked by Growth - Room Air
Conditioners and Packaged Air Conditioners III-36
Strategic Corporate Developments III-36
Product Developments and Launches III-41
Focus on Select Players III-41
De’Longhi SpA (Italy) III-41
Fläkt Woods Group (Switzerland) III-42
B.Market Analytics III-43
Table 30: European Recent Past, Current & Future Analysis
for Air Conditioning Systems by Geographic Region - France,
Germany, Italy, United Kingdom, Spain and Rest of European
Markets Independently Analyzed with Annual Sales Figures in
‘000 Units for Years 2000 through 2010 (includes
corresponding Graph/Chart) III-43

Table 31: European Long-term Projections for Air
Conditioning Systems by Geographic Region - France, Germany,
Italy, United Kingdom, Spain and Rest of European Markets
Independently Analyzed with Annual Sales Figures in ‘000
Units for Years 2011 through 2015 (includes corresponding
Graph/Chart) III-44

Table 32: European 10-Year Perspective for Air Conditioning
Systems by Geographic Region - Percentage Breakdown of Unit
Sales for France,Germany, Italy, United Kingdom, Spain and
Rest of European Markets for Years 2003, 2008 & 2012
(includes corresponding Graph/Chart) III-45

Table 33: 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 2000 through 2010 (includes corresponding
Graph/Chart) III-46

Table 34: European Long-term Projections 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 2011 through 2015 (includes corresponding
Graph/Chart) III-46

Table 35: European 10-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 2003, 2008 & 2012 III-47

4a. France III-48
Market Analysis III-48
Table 36: 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 2000 through 2010 (includes corresponding
Graph/Chart) III-48

Table 37: French Long-term Projections 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 2011 through
2015 (includes corresponding Graph/Chart) III-49

Table 38: French 10-Year Perspective for Air Conditioning
Systems by Product Segment - Percentage Breakdown of Unit
Sales for Room Air Conditioner and Packaged Air Conditioner
Markets for 2003, 2008 & 2012 III-49

4b. Germany III-50
Market Analysis III-50
Table 39: 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 2000 through 2010 (includes corresponding
Graph/Chart) III-50

Table 40: German Long-term Projections 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 2011 through
2015 (includes corresponding Graph/Chart) III-51

Table 41: German 10-Year Perspective for Air Conditioning
Systems by Product Segment - Percentage Breakdown of Unit
Sales for Room Air Conditioner and Packaged Air Conditioner
Markets for 2003, 2008 & 2012 III-51

4c. Italy III-52
Market Analysis III-52
Strategic Corporate Development III-52
Table 42: 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 2000 through 2010 (includes corresponding
Graph/Chart) III-52

Table 43: Italian Long-term Projections 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 2011 through
2015 (includes corresponding Graph/Chart) III-53

Table 44: Italian 10-Year Perspective for Air Conditioning
Systems by Product Segment - Percentage Breakdown of Unit
Sales for Room Air Conditioner and Packaged Air Conditioner
Markets for 2003, 2008 & 2012 III-53

4d. United Kingdom III-54
Market Analysis III-54
Table 45: 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 2000 through 2010 (includes corresponding
Graph/Chart) III-54

Table 46: UK Long-term Projections 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 2011 through
2015 (includes corresponding Graph/Chart) III-55

Table 47: UK 10-Year Perspective for Air Conditioning
Systems by Product Segment - Percentage Breakdown of Unit
Sales for Room Air Conditioner and Packaged Air Conditioner
Markets for 2003, 2008 & 2012 III-55

4e. Spain III-56
Market Analysis III-56
Table 48: 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 2000 through 2010 (includes corresponding
Graph/Chart) III-56

Table 49: Spanish Long-term Projections 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 2011 through
2015 (includes corresponding Graph/Chart) III-57

Table 50: Spanish 10-Year Perspective for Air Conditioning
Systems by Product Segment - Percentage Breakdown of Unit
Sales for Room Air Conditioner and Packaged Air Conditioner
Markets for 2003, 2008 & 2012 III-57

4f. Rest of Europe III-58
A.Market Analysis III-58
Current and Future Analysis III-58
Greece - A Potential Market III-58
Turkey – A Growing Market III-58
Strategic Corporate Developments III-58
B.Market Analytics III-59
Table 51: 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 2000 through 2010 (includes corresponding
Graph/Chart) III-59

Table 52: Rest of Europe Long-term Projections 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 2011 through 2015 (includes corresponding
Graph/Chart) III-60

Table 53: Rest of Europe 10-Year Perspective for Air
Conditioning Systems by Product Segment - Percentage
Breakdown of Unit Sales for Room Air Conditioner and
Packaged Air Conditioner Markets for 2003, 2008 & 2012 III-60

5. Asia-Pacific III-61
A.Market Analysis III-61
Overview III-61
Current and Future Analysis III-61
Regional Perspective III-61
Chinese Air-conditioners Face Refrigerant Crisis III-61
Strategic Corporate Developments III-62
Product Developments and Launches III-74
Leading Players III-79
Aux Group (China) III-79
Blue Star (India) III-79
Carrier Airconditioning and Refrigeration Ltd. (India) III-80
Chunlan Group Corporation (China) III-80
Daewoo Electronics Corporation (South Korea) III-80
Daikin Airconditioning India Pvt. Ltd. (India) III-81
Dunham-Bush (Malaysia) Berhad (Malaysia) III-81
Haier Group (China) III-81
Hitachi Home & Life Solutions (India) Ltd. (India) III-82
Hisense Group (China) III-82
LG (South Korea) III-82
GD Midea Holding Co., Ltd (China) III-83
Mitsubishi Electric Consumer Products (Thailand) Co., Ltd.
(Thailand) III-83
O.Y.L. Industries BHD. (“OYL”) (Malaysia) III-83
Pak Elektron Ltd. (Pakistan) III-84
Teco Electric & Machinery Co., Ltd. (Taiwan) III-84
Voltas Ltd. (India) III-84
Zhuhai Gree Corporation (China) III-85
B.Market Analytics III-85
Table 54: Asia-Pacific Recent Past, Current & Future
Analysis for Air Conditioning Systems by Geographic Region -
China, India and Rest of Asia-Pacific Markets Independently
Analyzed with Annual Sales Figures in ‘000 Units for Years
2000 through 2010 (includes corresponding Graph/Chart) III-85

Table 55: Asia-Pacific Long-term Projections for Air
Conditioning Systems by Geographic Region - China, India and
Rest of Asia-Pacific Markets Independently Analyzed with
Annual Sales Figures in ‘000 Units for Years 2011 through
2015 (includes corresponding Graph/Chart) III-86

Table 56: Asia-Pacific 10-Year Perspective for Air
Conditioning Systems by Geographic Region - Percentage
Breakdown of Unit Sales for China, India and Rest of
Asia-Pacific Markets for Years 2003, 2008 & 2012 (includes
corresponding Graph/Chart) III-86

Table 57: 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 2000 through 2010 (includes corresponding
Graph/Chart) III-87

Table 58: Asia-Pacific Long-term Projections 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 2011 through 2015 (includes corresponding
Graph/Chart) III-87

Table 59: Asia-Pacific 10-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 2003, 2008 &
2012. III-88

5a. China III-89
A.Market Analysis III-89
Overview III-89
Current and Future Analysis III-89
Regional Output/Consumption Patterns III-89
Factors Driving Consumer Decision III-89
Market Trends III-89
Chinese Exports to be Dearer III-89
Construction Boom to Power Domestic Market Growth III-90
Americans Vs Japanese - It’s a War of Standards III-90
Declining Profit Margins - Bane of Rapid Growth III-90
Multifunctional Air Conditioners - Growth Through
Functionality III-90
Household Central Air Conditioner Market on a Roll III-90
New Energy-Efficiency Standards Raise the Quality Bar III-91
Production Capacity Vs Domestic Sales - A Yawning Gap III-91
Inverter Air Conditioners - A New Revolution III-91
Competitive Scenario III-91
Leading Players III-91
Table 60: Leading Players in the Chinese Air Conditioner
Market (2004) - Percentage Breakdown by Retail Sales
Volume for Gree Electrical Appliances Inc., Guangdong
Midea Electric Appliances Co Ltd., Guangdong Kelon
Electrical Holdings Co. Ltd., Haier Group, and Others
(includes corresponding Graph/Chart) III-92
It’s a Shrinking World for the Smaller Players III-92
It Pays to be a Volume Leader in Chinese Market III-92
B.Market Analytics III-93
Table 61: 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 2000 through 2010 (includes corresponding
Graph/Chart) III-93

Table 62: Chinese Long-term Projections 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 2011 through
2015 (includes corresponding Graph/Chart) III-93

Table 63: Chinese 10-Year Perspective for Air Conditioning
Systems by Product Segment - Percentage Breakdown of Unit
Sales for RoomAir Conditioner and Packaged Air Conditioner
Markets for 2003, 2008 & 2012 III-94

5b. India III-95
A.Market Analysis III-95
Overview III-95
Current and Future Analysis III-95
Regional Demand Patterns III-95
Market Trends III-95
Montreal Protocol Treaty Necessitates CFC Technology III-96
Growing RAC Market III-96
Table 64: Indian Room Air Conditioner Market (2003 &
2006): Percentage Breakdown by Segment – Split and Window III-96
Competitive Environment III-96
Leading Players III-96
Table 65: Leading Brands in the Indian Room Air
Conditioner Market (2003 & 2005) - Percentage Breakdown by
Retail Sales Volume for LG, Voltas, Samsung, Carrier,
Hitachi, Videocon and Others (includes corresponding
Graph/Chart) III-97

Table 66: Leading Brands in the Indian Window Air
Conditioner Market (2003 & 2005) - Percentage Breakdown by
Retail Sales Volume for LG, Samsung, Voltas, Videocon,
Carrier, Hitachi, and Others (includes corresponding
Graph/Chart) III-97

Table 67: Leading Brands in the Indian Split Air
Conditioner Market (2003 & 2005) - Percentage Breakdown by
Retail Sales Volume for LG, Voltas, Carrier, Hitachi,
Daikin, Videocon and Others (includes corresponding
Graph/Chart) III-98
Historic Perspective III-98
Table 68: Leading Players in the Indian Air Conditioner
Market (2001): Percentage Breakdown by Retail Sales Volume
- Carrier Aircon, Voltas and Others (includes
corresponding Graph/Chart) III-98

Table 69: Leading Brands in the Indian Room Air
Conditioner Market (2001): Percentage Breakdown by Retail
Sales Volume - LG, Carrier, Amtrex-Hitachi, National,
Samsung, Voltas, Others, and Unorganized Sector (includes
corresponding Graph/Chart) III-99

Table 70: Leading Brands in the Indian Split Air
Conditioner Market (2001): Percentage Breakdown by Retail
Sales Volume - Amtrex Hitachi, National, Samsung, Voltas,
LG, Carrier, Others, and Unorganized Sector (includes
corresponding Graph/Chart) III-99
Trade Dynamics III-99
Exports