Table of Contents PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT PART 03: RESEARCH METHODOLOGY PART 04: INTRODUCTION • Market outline PART 05: MARKET LANDSCAPE • Market ecosystem • Market characteristics • Market segmentation analysis PART 06: MARKET SIZING • Market definition • Market sizing 2017 • Market size and forecast 2017-2022 PART 07: FIVE FORCES ANALYSIS • Bargaining power of buyers • Bargaining power of suppliers • Threat of new entrants • Threat of substitutes • Threat of rivalry • Market condition PART 08: MARKET SEGMENTATION BY PRODUCT • Segmentation by product • Comparison by product • Air conditioning – Market size and forecast 2017-2022 • Heating – Market size and forecast 2017-2022 • Ventilation – Market size and forecast 2017-2022 • Market opportunity by product PART 09: CUSTOMER LANDSCAPE PART 10: REGIONAL LANDSCAPE • Geographical segmentation • Regional comparison • APAC – Market size and forecast 2017-2022 • Americas – Market size and forecast 2017-2022 • EMEA – Market size and forecast 2017-2022 • Key leading countries • Market opportunity PART 11: DECISION FRAMEWORK PART 12: DRIVERS AND CHALLENGES • Market drivers • Market challenges PART 13: MARKET TRENDS • Growing adoption of R32 refrigerant in air conditioners • Shift to inverter based air conditioner technology • Stringent regulations on refrigerant use in Europe PART 14: VENDOR LANDSCAPE • Overview • Landscape disruption • Competitive scenario PART 15: VENDOR ANALYSIS • Vendors covered • Vendor classification • Market positioning of vendors • DAIKIN INDUSTRIES • Ingersoll-Rand • Johnson Controls • Lennox International • LG Electronics • United Technologies (Carrier) PART 16: APPENDIX • List of abbreviations List of Exhibits Exhibit 01: Global HVAC market overview (2017-2021) Exhibit 02: Market snapshot: Global energy efficient HVAC systems market 2018-2022 Exhibit 03: Global energy efficient HVAC systems market by product ($ bn) Exhibit 04: Global energy efficient HVAC equipment market by geography ($ bn) Exhibit 05: Parent market Exhibit 06: Global HVAC market Exhibit 07: Market characteristics Exhibit 08: Market segments Exhibit 09: Market definition - Inclusions and exclusions checklist Exhibit 10: Market size 2017 Exhibit 11: Validation techniques employed for market sizing 2017 Exhibit 12: Global energy efficient HVAC systems market – Market size and forecast 2017-2022 ($ mn) Exhibit 13: Global energy efficient HVAC systems market – Year-over-year growth 2018-2022 (%) Exhibit 14: Five forces analysis 2017 Exhibit 15: Five forces analysis 2022 Exhibit 16: Bargaining power of buyers Exhibit 17: Bargaining power of suppliers Exhibit 18: Threat of new entrants Exhibit 19: Threat of substitutes Exhibit 20: Threat of rivalry Exhibit 21: Market condition - Five forces 2017 Exhibit 22: Product – Market share 2017-2022 (%) Exhibit 23: Comparison by product Exhibit 24: Air conditioning – Market size and forecast 2017-2022 ($ bn) Exhibit 25: Air conditioning – Year-over-year growth 2018-2022 (%) Exhibit 26: Heating – Market size and forecast 2017-2022 ($ bn) Exhibit 27: Heating – Year-over-year growth 2018-2022 (%) Exhibit 28: Ventilation – Market size and forecast 2017-2022 ($ bn) Exhibit 29: Heating – Year-over-year growth 2018-2022 (%) Exhibit 30: Market opportunity by product Exhibit 31: Customer landscape Exhibit 32: Global – Market share by geography 2017-2022 (%) Exhibit 33: Regional comparison Exhibit 34: APAC – Market size and forecast 2017-2022 ($ bn) Exhibit 35: APAC – Year-over-year growth 2018-2022 (%) Exhibit 36: Americas – Market size and forecast 2017-2022 ($ bn) Exhibit 37: Americas – Year-over-year growth 2018-2022 (%) Exhibit 38: EMEA – Market size and forecast 2017-2022 ($ bn) Exhibit 39: EMEA – Year-over-year growth 2018-2022 (%) Exhibit 40: Key leading countries Exhibit 41: Market opportunity Exhibit 42: US household energy consumption by end-users 2016 (%) Exhibit 43: US value of constructions put in place 2011-2016 ($ bn) Exhibit 44: Construction growth in EU (2013-2016) Exhibit 45: Price of different air conditioners ($) Exhibit 46: Annual growth rate of China’s GDP 2008-2015 (%) Growth rate of skilled manpower in US HVAC industry 2012-2022 (%) Exhibit 47: Comparison of various commercial refrigerants Exhibit 48: Vendor landscape Exhibit 49: Landscape disruption Exhibit 50: Vendors covered Exhibit 51: Vendor classification Exhibit 52: Market positioning of vendors Exhibit 53: Vendor overview Exhibit 54: DAIKIN INDUSTRIES – Business segments Exhibit 55: DAIKIN INDUSTRIES – Organizational developments Exhibit 56: DAIKIN INDUSTRIES – Geographic focus Exhibit 57: DAIKIN INDUSTRIES – Segment focus Exhibit 58: DAIKIN INDUSTRIES – Key offerings Exhibit 59: DAIKIN INDUSTRIES – Key customers Exhibit 60: Vendor overview Exhibit 61: Ingersoll-Rand – Business segments Exhibit 62: Ingersoll-Rand – Organizational developments Exhibit 63: Ingersoll-Rand – Geographic focus Exhibit 64: Ingersoll-Rand – Segment focus Exhibit 65: Ingersoll-Rand – Key offerings Exhibit 66: Ingersoll-Rand – Key customers Exhibit 67: Vendor overview Exhibit 68: Johnson Controls – Business segments Exhibit 69: Johnson Controls – Organizational developments Exhibit 70: Johnson Controls – Geographic focus Exhibit 71: Johnson Controls – Segment focus Exhibit 72: Johnson Controls – Key offerings Exhibit 73: Johnson Controls – Key customers Exhibit 74: Vendor overview Exhibit 75: Lennox International – Business segments Exhibit 76: Lennox International – Organizational development Exhibit 77: Lennox International – Geographic focus Exhibit 78: Lennox International – Segment focus Exhibit 79: Lennox International – Key offerings Exhibit 80: Lennox International – Key customers Exhibit 81: Vendor overview Exhibit 82: LG Electronics – Business segments Exhibit 83: LG Electronics – Organizational developments Exhibit 84: LG Electronics – Geographic focus Exhibit 85: LG Electronics – Segment focus Exhibit 86: LG Electronics – Key offerings Exhibit 87: LG Electronics – Key customers Exhibit 88: Vendor overview Exhibit 89: United Technologies – Business segments Exhibit 90: United Technologies – Organizational developments Exhibit 91: United Technologies – Geographic focus Exhibit 92: United Technologies – Segment focus Exhibit 93: United Technologies – Key offerings Exhibit 94: United Technologies – Key customers

DAIKIN INDUSTRIES, Ingersoll-Rand, Johnson Controls, Lennox International, LG Electronics, and United Technologies (Carrier)