PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT PART 03: RESEARCH METHODOLOGY PART 04: MARKET LANDSCAPE • Market ecosystem • Market characteristics • Market segmentation analysis PART 05: MARKET SIZING • Market definition • Market sizing 2017 • HVAC equipment market in Europe - Market size and forecast 2017-2022 PART 06: FIVE FORCES ANALYSIS • Bargaining power of buyers • Bargaining power of suppliers • Threat of new entrants • Threat of substitutes • Threat of rivalry • Market condition PART 07: CUSTOMER LANDSCAPE PART 08: MARKET SEGMENTATION BY END-USER • Segmentation by end-user • Comparison by end-user • Non-residential – Market size and forecast 2017-2022 • Residential – Market size and forecast 2017-2022 • Market opportunity by end-user PART 09: REGIONAL LANDSCAPE • Geographical segmentation • Country comparison • Italy – Market size and forecast 2017-2022 • Germany – Market size and forecast 2017-2022 • France – Market size and forecast 2017-2022 • UK – Market size and forecast 2017-2022 • RoE – Market size and forecast 2017-2022 • Market opportunity PART 10: DECISION FRAMEWORK PART 11: DRIVERS AND CHALLENGES • Market drivers • Market challenges PART 12: MARKET TRENDS • Increased focus on predictive maintenance • Use of low-GWP refrigerants • Increasing use of renewable energy sources for HVAC systems • Net zero buildings initiative PART 13: VENDOR LANDSCAPE • Overview • Landscape disruption • Competitive landscape PART 14: VENDOR ANALYSIS • Vendors covered • Vendor classification • Market positioning of vendors • DAIKIN INDUSTRIES • Ingersoll-Rand • Johnson Controls • LG Electronics • Mitsubishi Electric • UNITED TECHNOLOGIES (Carrier) PART 15: OTHER MARKET IN FOCUS NEWS PART 16: APPENDIX • List of abbreviations     Exhibit 01: Parent market: Global HVAC market Exhibit 02: Global HVAC market Exhibit 03: Market characteristics Exhibit 04: Market segments Exhibit 05: Components of HVAC equipment Exhibit 06: Market definition - Inclusions and exclusions checklist Exhibit 07: Market size 2017 Exhibit 08: Validation techniques employed for market sizing 2017 Exhibit 09: HVAC equipment market in Europe – Market size and forecast 2017-2022 ($ bn) Exhibit 10: HVAC equipment market in Europe – Year-over-year growth 2018-2022 (%) Exhibit 11: Five forces analysis 2017 Exhibit 12: Five forces analysis 2022 Exhibit 13: Bargaining power of buyers Exhibit 14: Bargaining power of suppliers Exhibit 15: Threat of new entrants Exhibit 16: Threat of substitutes Exhibit 17: Threat of rivalry Exhibit 18: Market condition - Five forces 2017 Exhibit 19: Customer landscape Exhibit 20: End-user – Market share 2017-2022 (%) Exhibit 21: Comparison by end-user Exhibit 22: Non-residential – Market size and forecast 2017-2022 ($ bn) Exhibit 23: Non-residential – Year-over-year growth 2018-2022 (%) Exhibit 24: Residential – Market size and forecast 2017-2022 ($ bn) Exhibit 25: Residential – Year-over-year growth 2018-2022 (%) Exhibit 26: Market opportunity by end-user Exhibit 27: Market share by country 2017-2022 (%) Exhibit 28: Country comparison Exhibit 29: Italy – Market size and forecast 2017-2022 ($ bn) Exhibit 30: Italy – Year-over-year growth 2018-2022 (%) Exhibit 31: Germany – Market size and forecast 2017-2022 ($ bn) Exhibit 32: Germany – Year-over-year growth 2018-2022 (%) Exhibit 33: France – Market size and forecast 2017-2022 ($ bn) Exhibit 34: France – Year-over-year growth 2018-2022 (%) Exhibit 35: UK – Market size and forecast 2017-2022 ($ bn) Exhibit 36: UK – Year-over-year growth 2018-2022 (%) Exhibit 37: RoE – Market size and forecast 2017-2022 ($ bn) Exhibit 38: RoE – Year-over-year growth 2018-2022 (%) Exhibit 39: Market opportunity Exhibit 40: Change in prices of copper and iron ore 2010-2017 (% change) Exhibit 41: GWP and ODP of refrigerants Exhibit 42: Vendor landscape Exhibit 43: Landscape disruption Exhibit 44: Vendors covered Exhibit 45: Vendor classification Exhibit 46: Market positioning of vendors Exhibit 47: Vendor overview Exhibit 48: DAIKIN INDUSTRIES – Business segments Exhibit 49: DAIKIN INDUSTRIES – Organizational developments Exhibit 50: DAIKIN INDUSTRIES – Geographic focus Exhibit 51: DAIKIN INDUSTRIES – Segment focus Exhibit 52: DAIKIN INDUSTRIES – Key offerings Exhibit 53: Ingersoll-Rand – Overview Exhibit 54: Ingersoll-Rand – Business segments Exhibit 55: Ingersoll-Rand – Organizational developments Exhibit 56: Ingersoll-Rand – Geographic focus Exhibit 57: Ingersoll-Rand – Segment focus Exhibit 58: Ingersoll Rand (Trane) – Key offerings Exhibit 59: Johnson Controls – Overview Exhibit 60: Johnson Controls – Business segments Exhibit 61: Johnson Controls – Organizational developments Exhibit 62: Johnson Controls – Geographic focus Exhibit 63: Johnson Controls – Segment focus Exhibit 64: Johnson Controls – Key offerings Exhibit 65: LG Electronics – Overview Exhibit 66: LG Electronics – Business segments Exhibit 67: LG Electronics – Organizational developments Exhibit 68: LG Electronics – Geographic focus Exhibit 69: LG Electronics – Segment focus Exhibit 70: LG Electronics – Key offerings Exhibit 71: Mitsubishi Electric – Overview Exhibit 72: Mitsubishi Electric – Business segments Exhibit 73: Mitsubishi Electric – Organizational developments Exhibit 74: Mitsubishi Electric – Geographic focus Exhibit 75: Mitsubishi Electric – Segment focus Exhibit 76: Mitsubishi Electric – Key offerings Exhibit 77: UNITED TECHNOLOGIES (Carrier) – Overview Exhibit 78: UNITED TECHNOLOGIES (Carrier) – Business segments Exhibit 79: UNITED TECHNOLOGIES (Carrier) – Organizational developments Exhibit 80: UNITED TECHNOLOGIES (Carrier) – Geographic focus Exhibit 81: UNITED TECHNOLOGIES (Carrier) – Segment focus Exhibit 82: UNITED TECHNOLOGIES (Carrier) – Key offerings  

DAIKIN INDUSTRIES Ingersoll-Rand Johnson Controls LG Electronics Mitsubishi Electric UNITED TECHNOLOGIES (Carrier)