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Global Air Conditioning Systems Industry

2. PRODUCT OVERVIEW & SEGMENTATION II-12Definition & Introduction II-12Stages in Air Conditioning II-12Key Product Information by Segment II-13Segmentation Based on Equipment Type II-13Room Air Conditioners II-13Ductless Air Conditioning Systems II-13Mini-Split Air-Conditioners II-13Split Air Conditioners II-13Single Packaged Air Conditioners II-14Packaged Air Conditioners: What Are They?? II-14Classification of Packaged ACs II-14Air Cooled PACs II-14Water Cooled PACs II-14Types of Packaged ACs II-14Segmentation Based on End-Use Application II-15Residential Air Conditioning II-15Commercial Air Conditioning II-16Construction Sector II-16Tourism & Hotel Industry II-16Tents: New End-Use Segment II-16Industrial Air Conditioning II-16Automotive Air Conditioning II-17Making the Ride Cool II-17Safety Against Pollution II-17R-134A Refrigerant Replaces R-12 II-17Compressors in Air Conditioning Systems II-18Parts & Accessories II-19Maintenance & Services II-21

3. RECENT INDUSTRY ACTIVITY II-22Daikin Takes Over Goodman II-22Carrier and Midea to Set Up JV for Air-Conditioning Systems II-22Daikin to Use HFC32 Refrigerant for Air Conditioning Equipment II-22Daikin Europe Acquires Airfel II-22Toshiba-Carrier and Midea Jointly Establish R&D Center forInverters II-23TROX Australia Signs Agreement with ACS II-23Galanz Strikes Cooperation with Toshiba Semiconductor and SHECfor Inverter AC Manufacturing II-23Panasonic India to Commence Production at Jhajjar Plant II-24Breezair and ClimaGulf Forge Alliance II-24NewWorld Capital to Take Over Coolerado II-24Comsa Emte Acquires Eolis America Latina II-24Carrier to Sell Brivis Residential Heating and Air-Conditioning Operations to GWA International II-24Absolute Graphic Technologies USA Ink Development Agreementwith Aqua Star II-25Mitsubishi Heavy Industries Establishes Mitsubishi HeavyIndustries Air-Conditioners II-25Carrier Signs Distribution Joint Venture with Russell Sigler II-25

4. PRODUCT INTRODUCTIONS/INNOVATIONS II-26Sakura Introduces New SP and SPW Line of R-410A Packaged ACs II-26Trane Launches New Packaged Air Conditioning Systems withMicrochannel Condenser II-26Haier Launches Packaged Terminal Air Conditioners II-26SAKURA Introduces New Light Commercial AC Range II-27Sakura Launches Three New Series of Commercial ACs II-27Daikin India Launches Innovative Energy Efficient ACs II-28Samsung Launches Innovative 2012 BEE Star Rated AirConditioning Solutions II-28Blue Star Launches Innovative Range of Energy Efficient RoomACs II-28Blue Star Introduces Multi-Inverter Split AC II-29MHI to Introduce 17 New Air Conditioners II-30Sakura Introduces New Range of Window Air Conditioners with DCInverter Technology II-30Haier America Unveils Commercial Cool Exhaust Kit for PortableAir Conditioner II-30Kingtec Solar Unveils K25Z-4 Solar-Powered Green AirConditioning Solution II-31Ingersoll-Rand Unveils China-Made Trane Premium Split AirConditioners Brand II-31Friedrich Air Conditioning Unveils 2012 Friedrich Kühl RoomAir Conditioner II-31LG Electronics India Unveils Inverter V AC Line II-32Panasonic to Unveil Panasonic Smart Application and Cloud-Based Services for New Smart Home Appliances II-32Samsung Launches Mont Blanc Plus Air Conditioner II-33Friedrich Introduces FriedrichLink Wi-Fi Adaptor for Kühl AirConditioners II-33Kelvinator Launches Split-System Inverter Air Conditionerswith Peak Smart Technology in Australia II-33Mitsubishi Heavy Industries to Introduce SP Series Home AirConditioners II-33Haier India Introduces New Line of Air Conditioners in IndianMarket II-34ActronAir® Introduces Wall Split System AC Range II-34Panasonic Introduces New Range of Split ACs II-35Senville Air Conditioners Introduces Senville Ductless AirConditioning Range II-35Blue Star Introduces New Line of Sophisticated Room AirConditioners II-35Hitachi Launches Hitachi Kaze Line of Smart Air Conditionersin India II-36Hitachi Introduces iClean Self-Cleaning Air Conditioners inIndian Market II-36Toshiba Introduces Daiseikai VoiCE NDR Voice Operated AirConditioners II-37Blue Star Introduces New Inverter Split ACs II-37Daikin Introduces New AC Models II-37LG Electronics India Introduces New Range of Air Conditioners II-38Onida Unveils PreCool Air Conditioners II-38Haier Rolls Out Three Series of Air Conditioners II-38Samsung Introduces Maldives Inverter and Boracay Split AirConditioners II-38Samsung Unveils DVM Plus VRF IV Air Conditioning System II-39Panasonic and Softlogic Launch ECO NAVI Series II-39Blue Star Introduces VRF Air Conditioning Systems withInverter technology II-39Hitachi Introduces Solar Air Conditioning System II-40Panasonic India Unveils Cube AC II-40Hitachi Introduces New Array of Window and Split AC's II-40Zamil Air Conditioners Unveils PA Series Roof Top Packaged ACs II-40Friedrich Introduces New Line of Kuhl Room Air Conditioners II-41Samsung Introduces MAX Air Conditioner Range II-41LG Introduces Solar Hybrid Air Conditioning II-41Toshiba Unveils SMMS i VRF Air Conditioning System II-42ENER-G Launches DuCool Air Conditioning Technology II-42Panasonic Australia Introduces Pioneering VRF Air-ConditioningSystems II-42Zamil Air Conditioners Unveils PA Series of Air Conditioners II-43LG Unveils LG Air Conditioners with Inverter Technology inNepal II-43Eco-Kinetics Launches ClimateWell Solar Air Conditioning Units II-43Solar Panels Plus Rolls Out SplitCool DC18 Solar AirConditioner II-43Mitsubishi Estate Launches New Energy-saving AC System II-43Soleus Air Introduces Portable Air Conditioners II-44Daikin Industries Develops Novel Air Conditioning System forIndustrial Usage II-44Blue Star Introduces Range of Room Air-Conditioners II-44Whirlpool Unveils Mastermind Aviator and Mastermind ChromeRange of ACs II-44Godrej Appliances Rolls Out New Series of EON Air Conditioners II-45Voltas Introduces 2010 Series of Room Air-Conditioners II-45Samsung Electronics Company Limited Launches Samsung CrystalRange of Air Conditioners II-46Panasonic Introduces New Models of Air Conditioners II-46Trane Malaysia Unveils Eco-Friendly TVR Air-Conditioners II-46LG Electronics Introduces Titan Air Conditioner II-46 Nassim Al-Dada and Partners Rolls Out New Sona AirConditioners II-47Samsung Electronics Introduces New Air Conditioning Units II-47Hisense Introduces Intelligent Dual Mode Inverter AirConditioner II-47LG Electronics Rolls Out Energy Saving Commercial AirConditioning Systems II-47Rawal Devices' APR-410 Offers Sophisticated Features II-48Electrolux Launched Air Conditioners in Southeast Asia II-48Coolerado Corporation Introduces M30 Series of AirConditioners II-48Haier America Unveils a Sleek Design for the Commercial CoolSeries II-49Dunham-Bush and Company's Venture Partners Introduce GreenAir-Conditioning and Refrigeration Solutions II-49Nissan Launches Forest AC Air Conditioning System II-49Domestic Marine Launches New Emerald Split Air ConditioningSystem II-50

5. FOCUS ON SELECT GLOBAL PLAYERS II-51Carrier Corporation ( USA) II-51Daikin Industries, Ltd. ( Japan) II-51Daikin Airconditioning India Pvt. Ltd. ( India) II-52Electrolux AB ( Sweden) II-53GD Midea Holding Co., Ltd. ( China) II-53General Electric Company ( USA) II-54Hitachi, Ltd. ( Japan) II-55LG Electronics Inc. ( South Korea) II-55LG Electronics India ( India) II-56Mitsubishi Heavy Industries, Ltd. ( Japan) II-56Panasonic Corporation ( Japan) II-57Samsung Electronics Corp., ( South Korea) II-58Toshiba Group ( Japan) II-58Trane ( USA) II-59Whirlpool Corporation ( USA) II-59Zhu Hai Gree Corporation ( China) II-59Gree Electric Appliances, Inc. ( China) II-60

6. GLOBAL MARKET PERSPECTIVE II-61Table 2: World Recent Past, Current & Future Analysis for AirConditioning Systems by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed withAnnual Sales Figures in '000 Units for Years 2010 through2018 (includes corresponding Graph/Chart) II-61

Table 3: World Historic Review for Air Conditioning Systemsby Geographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures in'000 Units for Years 2004 through 2009 (includescorresponding Graph/Chart) II-62

Table 4: World 15-Year Perspective for Air ConditioningSystems by Geographic Region - Percentage Breakdown of UnitSales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets forYears 2004, 2012 & 2018 (includes corresponding Graph/Chart) II-63

Table 5: World Recent Past, Current & Future Analysis for RoomAir Conditioning Systems by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed withAnnual Sales Figures in '000 Units for Years 2010 through 2018(includes corresponding Graph/Chart) II-64

Table 6: World Historic Review for Room Air ConditioningSystems by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa andLatin America Markets Independently Analyzed with Annual SalesFigures in '000 Units for Years 2004 through 2009 (includescorresponding Graph/Chart) II-65

Table 7: World 15-Year Perspective for Room Air ConditioningSystems by Geographic Region - Percentage Breakdown of UnitSales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets forYears 2004, 2012 & 2018 (includes corresponding Graph/Chart) II-66

Table 8: World Recent Past, Current & Future Analysis forPackaged Air Conditioning Systems by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), MiddleEast & Africa and Latin America Markets Independently Analyzedwith Annual Sales Figures in '000 Units for Years 2010 through2018 (includes corresponding Graph/Chart) II-67

Table 9: World Historic Review for Packaged Air ConditioningSystems by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa andLatin America Markets Independently Analyzed with AnnualSales Figures in '000 Units for Years 2004 through 2009(includes corresponding Graph/Chart) II-68

Table 10: World 15-Year Perspective for Packaged AirConditioning Systems by Geographic Region - PercentageBreakdown of Unit Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa andLatin America Markets for Years 2004, 2012 & 2018 (includescorresponding Graph/Chart) II-69

III. MARKET

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