Depletion of the ozone layer, El Nino effect, global warming, and rising population are all hot factors that are driving ahead the need for a cool world. Over the past quarter century, the air conditioner industry has undergone a sea change. Its role in the economy has changed significantly. Presently, comfort conditioning has become a necessity, from being a luxury. This metamorphosis has opened a completely new world of opportunities. 
 

TABLE OF CONTENTS 

AIR CONDITIONING SYSTEMS		BMR-4005


                                         CONTENTS



  1. METHODOLOGY                                                           1
      Study Reliability and Reporting Limitations                          1
      Disclaimers                                                          2
      Quantitative Techniques & Reporting Level                            3

  2. GLOBAL MARKET OVERVIEW AND OUTLOOK                                    4
      It's a Cool World with Hot Opportunities                             4
      Air Conditioning - The Concept                                       4
      Factors Driving Growth                                               4

  3. COMPETITIVE ANALYSIS                                                  5
      Established Players Call the Shots                                   5
      Parameters Affecting Consumer Purchase Decision                      5
      Leading Players - An Overview                                        5
       A Quick Listing of Leading Players in Global & Regional Air
        Conditioner Markets                                                6

  4. PRODUCT FACTS                                                         7
      Conceptual Definition                                                7
      Types of Air Conditioners                                            7
       Room Air Conditioners                                               7
       Packaged Air Conditioners                                           7

  5. CORPORATE DEVELOPMENTS                                                8
      Carrier Thailand Acquires Refrigo                                    8
      Carrier Corp. Takes Over Georgia Chiller                             8
      Comfort Systems Acquires Conditioned Air Mechanical Services         8
      Carrier Corp Takes Over Sharp Mechanical                             9
      Ingersoll Rand Acquires Trane                                        9
      Lloyd Electric Acquires Luvata Czech                                 9
      Goodman Global Merges with an affiliate of Hellman & Friedman        10
      Moro Takes Over J & J Heating and Cooling                            10
      G & L Beijer AB Acquires Fridanair                                   10
      Voltas Takes Over Comfort Products                                   10
      Daikin Industries Acquires Svenska Daikin AB                         11
      Midea to Set Up Home Air-Conditioner Joint Venture                   11
      Zamil Air Conditioners Enters into a Joint Venture Agreement
       with Advantec Coils                                                 11
      Daikin Inks an Agreement with Gree to Manufacture Inverter Air
       Conditioners                                                        12
      Blue Star Wins an Order Worth Rs 38 Crore from NPCIL                 13
      Carrier Supplies Power Saving Solutions to Shanghai Harbor           13
      MITSUBISHI ELECTRIC Inks Agreement with PACAIR                       14
      LG Sign Collaborative Agreement with Siemens                         14
      CIT and Lennox Enter Vendor Financing Agreement                      14
      Matsushita Electric Joins Daikin to Expand Home Air
       Conditioners Tie-Up                                                 15
      Trane Opens Global R&D Center in Chennai                             15
      Daikin to Establish Air-conditioning Systems Production Plant
       in Rajasthan                                                        16
      DENSO to Establish Manufacturing Company in Japan                    16
      Fedders Corporation Divests Fedders Addison                          16
      Fedders Corporation Divests Fedders Islandaire                       17
      Fedders Divests Assets and Businesses to Airwell Air Conditioning    17
      Denso to Dissolve Doowon Air Conditioning Venture                    17
      Matsushita to be Re-Christened as ‘Panasonic Corporation'            17
      Blue Star Introduces Energy Efficient Split Air-Conditioners         18
      Haier America Launches Paragon                                       18
      LG Launches New Range of Air Conditioners                            18
      Voltas Introduces New Line of Room Air Conditioners                  19
      Haier Introduces 2008 Air Conditioners and Refrigerators Range       19
      SAMSUNG India Unveils 2008 Line of Biosleep Air Conditioners         20
      Blue Star Unveils VRF AC Systems                                     20
      Watsco to Take Over ACR Group                                        21
      GSH Group Acquires Delta Environmental Services                      21
      Dometic Takes Over Waeco Group                                       21
      Hastie Acquires Norfolk Facilities' Business                         22
      Carrier Announces Acquisition of Longville Group                     22
      Daikin Europe Acquires Itho Airconditioning                          23
      SNC Former Acquires Assets of York Industrial                        23
      Daikin Completes Acquisition of OYL                                  23
      Fläkt Woods to Take Over Semco Incorporated                          23
      Sagard Takes Over Fläkt Woods                                        24
      Agromash Takes Over DBM                                              24
      Johnson Controls Takes Over Skymark International                    24
      Vaillant Group Takeover Stake in Türk DemirDöküm Fabrikalari         25
      Carrier Acquires E.B. Ward & Company/ Valair                         25
      KPS Capital Partners Takes Over Bristol                              26
      Daikin and Arkema Establishes Joint Venture Entities                 26
      Modine Bags a Contract from US RDECOM                                26
      Modine Obtains Program from Daedong Industrial                       27
      Fläkt Woods Bags Contract for Supply of AC Units to ‘La Femme'
       Building                                                            27
      Blue Star Secures Major Air Conditioning Contract from MediCity      28
      Carrier to Provide Air-Conditioning Systems to Pan-America
       Olympics Games                                                      28
      Johnson Controls and US Airconditioning Distributors Sign
       Agreement                                                           28
      Zamil Air Conditioners Bags Significant New Projects in Saudi
       Arabia                                                              29
      Blue Star to Establish a New Production Facility in Maharashtra      29
      LG and LG-Shaker Starts Construction of a New Facility in Riyadh     30
      Fläkt Woods Inaugurates a Subsidiary in China                        30
      Daikin to Setup an Office in Turkey for First Time Japanese
       Operations in Istanbul                                              31
      Lennox to Open Lll United Products                                   31
      American Standard Changes Name                                       32
      Fedders Announces Divestment of Polenz to ACE Klimatechnik           32
      Zamil Air Conditioners Introduces Cooline Brand                      32
      Panasonic Launches Air-Conditioners with E-ion Air
       Purification System                                                 33
      Carrier Airconditioning Introduces Energy Efficient Air
       Conditioners                                                        33
      ZAC Launches New Packaged Roof Top Air Conditioner Series            33

  6. MAJOR PLAYERS                                                         34
      Airwell (Australia)                                                  34
      Aisin Seiki Co. Ltd. (Japan)                                         34
      Trane Inc. (US)                                                      34
      Aux Group (China)                                                    35
      Blue Star (India)                                                    35
      Carrier Corporation (US)                                             35
       Carrier Airconditioning and Refrigeration Ltd. (India)              35
      Chunlan Corporation (China)                                          36
      Daewoo Electronics Corporation (South Korea)                         36
      Daikin Industries (Japan)                                            36
       Daikin Airconditioning India Pvt. Ltd. (India)                      37
      De'Longhi SpA (Italy)                                                37
      Dunham-Bush Holding BHD (Malaysia)                                   37
      Electra Consumer Products Ltd. (Israel)                              38
      Fedders Corporation (US)                                             38
      Fläkt Woods Group (Switzerland)                                      38
      GE Appliances (US)                                                   39
      Goodman Manufacturing Company, L.P. (US)                             39
      Haier Group (China)                                                  39
       Haier America (US)                                                  40
      Hisense Group (China)                                                40
      Hitachi (Japan)                                                      40
       Hitachi Home & Life Solutions (India) Ltd. (India)                  40
      LG Electronics Inc. (South Korea)                                    41
      Matsushita Electric Industrial Co., Ltd. (Japan)                     41
      GD Midea Holding Co., Ltd (China)                                    42
      Mitsubishi Electric (Japan)                                          42
       Mitsubishi Electric Consumer Products (Thailand) Co., Ltd. 
        (Thailand)                                                         42
      O.Y.L. Industries BHD (“OYL”) (Malaysia)                             42
      Sanden Corporation (Japan)                                           43
      Sharp Corporation (Japan)                                            43
      Teco Electric & Machinery Co., Ltd. (Taiwan)                         43
      Toshiba Carrier Corporation (Japan)                                  44
      Voltas Ltd. (India)                                                  44
      Whirlpool Corporation (US)                                           44
      York International Corporation (US)                                  44
      Zamil Air Conditioners (Saudi Arabia)                                45
      Zhu Hai Gree Corporation (China)                                     45

  7. MARKET ANALYTICS                                                      46

  8. THE UNITED STATES                                                     49
      HVAC Industry Overview                                               49
       Factors Driving the Market                                          49
       Seasonal Energy Efficiency Ratio (SEER) 13                          50
        13 SEER Brings Opportunities & Threats to Manufacturers            50
        13 SEER Challenges                                                 50
       ENERGY STAR - Another Standard                                      51
      Competitive Analysis                                                 52
      Distribution Dynamics                                                52

  9. CANADA                                                                53
      US-Canada Trade Agreement - Root Cause for Consolidation in
       Canadian AC Industry                                                53
      End-Uses of Air Conditioning Equipment                               53
      Distribution Practices                                               54

  10. JAPAN                                                                55
      Rapid Growth in Asian RAC Market Presents New Opportunities
       for Japanese Majors                                                 55
      Emergence of a New Refrigerant Era in Japan                          55
      Competitive Analysis                                                 55

  11. EUROPE                                                               57

  a. France                                                                59

  b. Germany                                                               60

  c. Italy                                                                 61

  d. The United Kingdom                                                    62

  e. Spain                                                                 63

  f. Rest of Europe                                                        64

  12. ASIA-PACIFIC                                                         65

  a. China                                                                 68

  b. India                                                                 73

  c. Rest of Asia-Pacific                                                  78

  13. LATIN AMERICA                                                        81

  14. MIDDLE EAST & AFRICA                                                 82
      Hot Market for Cooling Machines                                      82
      United Arab Emirates - A Major Market                                82
       Overview                                                            82
       Factors Driving Market Growth                                       82
       An Insight into Mini-Split Air Conditioner Market                   82


 EXHIBITS

      Table 1: Percentage Breakdown of Leading HVAC Manufacturer
      Sales Revenues in the World - 2005

      Table 2: Global Air Conditioning Systems Market by Region for
      the Period 2007-2015 (Sales in Thousand Units)

      Table 3: Percentage Breakdown of Global Air Conditioning
      Systems Market by Region for the Years 2008 & 2012

      Table 4: Global Room Air Conditioner Market by Region for the
      Period 2007-2015 (Sales in Thousand Units)

      Table 5: Percentage Breakdown of Global Room Air Conditioner
      Market by Region for the Years 2008 & 2012

      Table 6: Global Packaged Air Conditioner Market by Region for
      the Period 2007-2015 (Sales in Thousand Units)

      Table 7: Percentage Breakdown of Global Packaged Air
      Conditioner Market by Region for the Years 2008 & 2012

      Table 8: Percentage Share of Leading Air Conditioning
      Equipment Manufacturer Retail Sales Value - 2005

      Table 9: Percentage Shares of the US Room Air Conditioner
      Retail Sales by Distribution Channel - 2004

      Table 10: Air Conditioning Systems Market by Segment in the
      US: 2007-2015 (Sales in Thousand Units)

      Table 11: Percentage Breakdown of Air Conditioning Systems
      Market by Segment in the US for the Years 2008 & 2012

      Table 12: Air Conditioning Systems Market by Segment in
      Canada: 2007-2015 (Sales in Thousand Units)

      Table 13: Percentage Breakdown of Air Conditioning Systems
      Market by Segment in Canada for the Years 2008 & 2012

      Table 14: Percentage Breakdown of Leading Packaged Air
      Conditioner Manufacturers by Production Value in Japan - 2005

      Table 15: Percentage Breakdown of Leading Window &
      Wall-Mounted Air Conditioner Manufacturers by Production Value
      in Japan - 2005

      Table 16: Air Conditioning Systems Market by Segment in Japan:
      2007-2015 (Sales in Thousand Units)

      Table 17: Percentage Breakdown of Air Conditioning Systems
      Market by Segment in Japan for the Years 2008 & 2012

      Table 18: Air Conditioning Systems Market by Region in Europe:
      2007-2015 (Sales in Thousand Units)

      Table 19: Percentage Breakdown of Air Conditioning Systems
      Market by Region in Europe for the Years 2008 & 2012

      Table 20: Air Conditioning Systems Market by Segment in
      Europe: 2007-2015 (Sales in Thousand Units)

      Table 21: Percentage Breakdown of Air Conditioning Systems
      Market by Segment in Europe for the Years 2008 & 2012

      Table 22: Air Conditioning Systems Market by Segment in
      France: 2007-2015 (Sales in Thousand Units)

      Table 23: Percentage Breakdown of Air Conditioning Systems
      Market by Segment in France for the Years 2008 & 2012

      Table 24: Air Conditioning Systems Market by Segment in
      Germany: 2007-2015 (Sales in Thousand Units)

      Table 25: Percentage Breakdown of Air Conditioning Systems
      Market by Segment in Germany for the Years 2008 & 2012

      Table 26: Air Conditioning Systems Market by Segment in Italy:
      2007-2015 (Sales in Thousand Units)

      Table 27: Percentage Breakdown of Air Conditioning Systems
      Market by Segment in Italy for the Years 2008 & 2012

      Table 28: Air Conditioning Systems Market by Segment in the
      UK: 2007-2015 (Sales in Thousand Units)

      Table 29: Percentage Breakdown of Air Conditioning Systems
      Market by Segment in the UK for the Years 2008 & 2012

      Table 30: Air Conditioning Systems Market by Segment in Spain:
      2007-2015 (Sales in Thousand Units)

      Table 31: Percentage Breakdown of Air Conditioning Systems
      Market by Segment in Spain for the Years 2008 & 2012

      Table 32: Air Conditioning Systems Market by Segment in Rest
      of Europe: 2007-2015 (Sales in Thousand Units)

      Table 33: Percentage Breakdown of Air Conditioning Systems
      Market by Segment in Rest of Europe for the Years 2008 & 2012

      Table 34: Air Conditioning Systems Market by Region in
      Asia-Pacific: 2007-2015 (Sales in Thousand Units)

      Table 35: Percentage Breakdown of Air Conditioning Systems
      Market by Region in Asia-Pacific for the Years 2008 & 2012

      Table 36: Air Conditioning Systems Market by Segment in
      Asia-Pacific: 2007-2015 (Sales in Thousand Units)

      Table 37: Percentage Breakdown of Air Conditioning Systems
      Market by Segment in Asia-Pacific for the Years 2008 & 2012

      Table 38: Percentage Breakdown of Air Conditioner Manufacturer
      Retail Sales Volume in China - 2004

      Table 39: Air Conditioning Systems Market by Segment in China:
      2007-2015 (Sales in Thousand Units)

      Table 40: Percentage Breakdown of Air Conditioning Systems
      Market by Segment in China for the Years 2008 & 2012

      Table 41: Percentage Breakdown of Room Air Conditioner Market
      by Segment in India - 2006 (E)

      Table 42: Percentage Breakdown of Leading Room Air Conditioner
      Brands by Retail Sales Volume in India - 2005

      Table 43: Percentage Breakdown of Leading Window Air
      Conditioner Brands by Retail Sales Volume in India - 2005

      Table 44: Percentage Breakdown of Leading Split Air
      Conditioner Brands by Retail Sales Volume in India - 2005

      Table 45: Air Conditioning Systems Market by Segment in India:
      2007-2015 (Sales in Thousand Units)

      Table 46: Percentage Breakdown of Air Conditioning Systems
      Market by Segment in India for the Years 2008 & 2012

      Table 47: Percentage Breakdown of Residential and Small
      Commercial Air Conditioner Sales through Distribution Channel
      in Australia - 2004

      Table 48: Air Conditioning Systems Market by Segment in Rest
      of Asia-Pacific: 2007-2015 (Sales in Thousand Units)

      Table 49: Percentage Breakdown of Air Conditioning Systems
      Market by Segment  in Rest of Asia-Pacific for the  Years 2008
      & 2012

      Table 50: Air Conditioning Systems Market by Segment in Latin
      America: 2007-2015 (Sales in Thousand Units)

      Table 51: Percentage Breakdown of Air Conditioning Systems
      Market by  Segment in Latin America for the  Years 2008 & 2012

      Table 52: Air Conditioning Systems Market by Segment in Middle
      East and Africa: 2007-2015 (Sales in Thousand Units)

      Table 53: Percentage Breakdown of Air Conditioning Systems
      Market by Segment in Middle East and Africa for the Years 2008
      & 2012


 COMPANIES PROFILED