Australia and New Zealand HVAC Market Focus on Product Type (Windows & Portable, Mini Split, Single Packaged, Chillers, AHU, FCU, Others), and Country Analysis – Analysis and Forecast, 2019-2024 March 2020 TOC
Australia and New Zealand HVAC Market
BIS Research is a leading market intelligence and technology research company. BIS Research publishes in-depth market intelligence reports focusing on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data and other important market parameters useful in the strategic decision making for senior management. BIS Research provides multi-client reports, company profiles, databases, and custom research services.
Copyright © 2020 BIS Research All Rights Reserved. This document contains highly confidential information and is the sole property of BIS Research. Disclosing, copying, circulating, quoting or otherwise reproducing any or all contents of this document is strictly prohibited. Access to this information is provided exclusively for the benefit of the people or organization concerned. It may not be accessed by, or offered whether for sale or otherwise to any third party.
All rights reserved at BIS Research
2
Australia and New Zealand HVAC Market
Preface The energy management industry has witnessed a massive transformation over the past five years, owing to the increasing demand for HVAC systems in commercial, residential and industrial sector. Earlier, the industry was driven by resources, however it is now driven majorly by technology and innovation. Rising population and energy demand, along with the increase in greenhouse gas emission, has resulted in the growing concerns to enhance energy efficiency and energy conservation.
With the rapid implementation of energy management systems, the commercial, industrial, and residential end users are able to conserve energy with the help of functions of energy management system such as heating, ventilation, and air conditioning (HVAC) and lighting systems. The demand for HVAC products across the ANZ region are expected to remain high from commercial, residential, and industrial sector.
The demand for HVAC products in ANZ is majorly driven by the increasing population, and the increasing number of residential and commercial projects in the region. Several initiatives undertaken by the local government, and emerging trend of green/smart buildings are forcing HVAC manufacturers and suppliers to launch energy efficient and technologically advanced HVAC units for commercial, residential, institutional and industrial sectors. Many leading global companies dealing with HVAC products are expanding their business across Australia and New Zealand, by increasing their distribution outlets across the region and launching products which are specifically designed as per the local environment.
The market research study offers a wide perspective on the Australia and New Zealand market and analyses its impact on the end users by providing critical insights into the direction of its future expansion. The research is based on extensive primary interviews (in-house experts, industry leaders, and market players) and secondary research (a host of paid and unpaid databases), along with the analytical tools that have been used to build the forecast and the predictive models.
All rights reserved at BIS Research
3
Australia and New Zealand HVAC Market
The study has been designed to answer some of the most crucial questions about the Australia and New Zealand market: ▪
What is the ANZ HVAC market size in terms of value and volume, and what is the expected growth rate during the forecast period 2019-2024?
▪
What is the expected growth and market size for ANZ HVAC market based on different types of HVAC systems?
▪
What are the major driving forces that are expected to increase the demand for the ANZ HVAC market during the forecast period?
▪
What is the market size (value and volume) of windows and portable air conditioners across Australia and New Zealand?
▪
What is the market size (value and volume) of mini split air conditioners across Australia and New Zealand?
▪
What is the market size (value and volume) of single packaged air conditioners across Australia and New Zealand?
▪
What is the market size (value and volume) of chillers across Australia and New Zealand?
▪
What is the market size (value and volume) of air-handling units across Australia and New Zealand?
▪
What is the market size (value and volume) of fan coil unit across Australia and New Zealand?
▪
What is the market size (value) of different types of fan coil unit across Australia and New Zealand?
▪
What is the market size (value) of fan coil unit, by end-user segments across Australia and New Zealand?
▪
What are the key trends and opportunities in the market pertaining to ANZ HVAC industry?
▪
What are the major challenges inhibiting the growth of the ANZ HVAC market?
▪
What is the competitive strength of the key players in the ANZ HVAC market on the basis of analysis of their recent developments, product offerings, and regional presence?
All rights reserved at BIS Research
4
Australia and New Zealand HVAC Market
The report is a compilation of ANZ HVAC market segmented majorly by type into windows and portable, mini split, single packaged, chillers, air handling unit, and fan coil unit. In the extensive primary research process undertaken for this study, the primary sources further include industry experts and key executives from prominent companies and organizations in the ANZ HVAC market.
BIS Energy & Sustainability March 2020
All rights reserved at BIS Research
5
Australia and New Zealand HVAC Market
Table of Contents Executive Summary ........................................................................................................ 16 1.
Market Dynamics .................................................................................................. 25 1.1
1.2
Market Drivers ................................................................................................. 26 1.1.1
Transition of Mid-Tier Building Sector Toward Energy Efficiency .............................................................................................. 26
1.1.2
A Plain-Sailing Supply Chain for HVAC in Both Countries ............... 29
Market Restraints ............................................................................................ 30 1.2.1
1.3
Market Opportunities ...................................................................................... 33 1.3.1
2.
Energy Consumption and GHG Emissions ........................................ 31 Building a Roadmap Toward Net-Zero Buildings .............................. 33
Competitive Landscape ....................................................................................... 37 2.1
2.2
2.3 3.
Key Market Developments and Strategies .................................................... 37 2.1.1
Product Launches and Developments ............................................... 39
2.1.2
Mergers and Acquisitions .................................................................... 40
2.1.3
Business Expansion and Contracts ................................................... 41
2.1.4
Partnerships, Collaborations, and Joint Ventures ............................ 42
2.1.5
Others (Awards and Recognitions)..................................................... 43
Industry Attractiveness .................................................................................. 43 2.2.1
Threat of New Entrants ........................................................................ 44
2.2.2
Bargaining Power of Buyers................................................................ 46
2.2.3
Bargaining Power of Suppliers ........................................................... 47
2.2.4
Threat from Substitutes ....................................................................... 48
2.2.5
Intensity of Competitive Rivalry .......................................................... 49
Australia and New Zealand HVAC Market: Distribution Channel Analysis ........................................................................................................... 51 Australia HVAC Systems Market (by Product Type) ......................................... 52
3.1
Assumptions and Limitations for Analysis and Forecast ........................... 52
3.2
Market Overview .............................................................................................. 52
3.3
Windows and Portable Air Conditioners ....................................................... 54
3.4
Mini Split Air Conditioners ............................................................................. 56
All rights reserved at BIS Research
6
Australia and New Zealand HVAC Market
3.5
Single Packaged Air Conditioners ................................................................. 63
3.6
Chillers ............................................................................................................. 65
3.7
Air Handling Units (AHU) ................................................................................ 68
3.8
Fan Coil Units (FCU) ....................................................................................... 70
4.
New Zealand HVAC Market (by Product Type) ................................................... 76 4.1
Market Overview .............................................................................................. 76
4.2
Windows and Portable Air Conditioners ....................................................... 78
4.3
Mini Split Air Conditioners ............................................................................. 81
4.4
Single Packaged Air Conditioners ................................................................. 89
4.5
Chillers ............................................................................................................. 91
4.6
Air Handling Unit (AHU) .................................................................................. 96
4.7
Fan Coil Unit .................................................................................................... 99
5.
Company Profiles ............................................................................................... 105 Overview ................................................................................................................... 105 5.1
5.2
5.3
5.4
Actron Engineering Pty Ltd. ......................................................................... 105 5.1.1
Company Overview ............................................................................ 105
5.1.2
Role of Actron Engineering Pty Ltd. in the ANZ HVAC Market ....... 105
5.1.3
Product Portfolio ................................................................................ 107
5.1.4
SWOT Analysis ................................................................................... 108
Daikin Industries, Ltd. ................................................................................... 109 5.2.1
Company Overview ............................................................................ 109
5.2.2
Role of Daikin Industries Ltd. in the ANZ HVAC Market ................. 109
5.2.3
Financials ............................................................................................ 111
5.2.4
SWOT Analysis ................................................................................... 113
FUJITSU ......................................................................................................... 114 5.3.1
Company Overview ............................................................................ 114
5.3.2
Role of FUJITSU in the ANZ HVAC Market ....................................... 114
5.3.3
Financials ............................................................................................ 115
5.3.4
SWOT Analysis ................................................................................... 117
Ingersoll Rand ............................................................................................... 118 5.4.1
Company Overview ............................................................................ 118
5.4.2
Role of Ingersoll Rand in the ANZ HVAC Market ............................. 118
All rights reserved at BIS Research
7
Australia and New Zealand HVAC Market
5.4.3
Financials ............................................................................................ 120
5.4.4
SWOT Analysis ................................................................................... 123
5.5
Johnson Controls ......................................................................................... 124 5.5.1
Company Overview ............................................................................ 124
5.5.2
Role of Johnson Controls in the ANZ HVAC Market ....................... 124
5.5.3
Financials ............................................................................................ 127
5.5.4
SWOT Analysis ................................................................................... 129
5.6
LG Electronics ............................................................................................... 130 5.6.1
Company Overview ............................................................................ 130
5.6.2
Role of LG Electronics in the ANZ HVAC Market............................. 130
5.6.3
Financials ............................................................................................ 132
5.6.4
SWOT Analysis ................................................................................... 134
5.7
Mitsubishi Electric Corporation ................................................................... 135 5.7.1
Company Overview ............................................................................ 135
5.7.2
Role of Mitsubishi Electric Corporation in the ANZ HVAC Market .................................................................................................. 135
5.7.3
Financials ............................................................................................ 137
5.7.4
SWOT Analysis ................................................................................... 139
5.8
Panasonic Corporation ................................................................................. 140 5.8.1
Company Overview ............................................................................ 140
5.8.2
Role of Panasonic Corporation in the ANZ HVAC Market .............. 140
5.8.3
Financials ............................................................................................ 142
5.8.4
SWOT Analysis ................................................................................... 144
5.9
SAMSUNG ...................................................................................................... 145 5.9.1
Company Overview ............................................................................ 145
5.9.2
Role of SAMSUNG in the ANZ HVAC Market ................................... 145
5.9.3
Financials ............................................................................................ 148
5.9.4
SWOT Analysis ................................................................................... 151
5.10
Temperzone Ltd. ........................................................................................... 152
5.10.1
Company Overview ............................................................................ 152
5.10.2
Role of Temperzone Ltd. in the ANZ HVAC Market ......................... 152
5.10.3
SWOT Analysis ................................................................................... 156
5.11
Toshiba Carrier Corporation ........................................................................ 157
All rights reserved at BIS Research
8
Australia and New Zealand HVAC Market
5.11.1
Company Overview ............................................................................ 157
5.11.2
Role of Toshiba Carrier Corporation in the ANZ HVAC Market ...... 157
5.11.3
SWOT Analysis ................................................................................... 161
5.12
5.12.1
Company Overview ............................................................................ 162
5.12.2
Role of United Technologies Corporation in the ANZ HVAC Market .................................................................................................. 162
5.12.3
Financials ............................................................................................ 164
5.12.4
SWOT Analysis ................................................................................... 166
5.13 6.
United Technologies Corporation ............................................................... 162
List of Other Key Players in Australia and New Zealand HVAC Market............................................................................................................. 167
Report Scope and Methodology........................................................................ 171 6.1
Report Scope ................................................................................................. 171
6.2
Research Methodology ................................................................................. 172 6.2.1
Assumptions ....................................................................................... 172
6.2.2
Limitations .......................................................................................... 173
6.2.3
Primary Data Sources ........................................................................ 173
6.2.4
Secondary Data Sources ................................................................... 174
6.2.5
Data Triangulation .............................................................................. 175
6.2.6
Market Estimation and Forecast ....................................................... 176
All rights reserved at BIS Research
9
Australia and New Zealand HVAC Market
List of Tables Table 1: Significant Construction Projects across Australia and New Zealand .................................... 19 Table 2: Market Snapshot: ANZ HVAC Market, by Volume .................................................................. 21 Table 1.1: Impact Analysis of Drivers ..................................................................................................... 26 Table 1.2: Improvements Implemented Under EEOB Program, Australia ............................................ 28 Table 1.3: Supply Chain Structure, HVAC Systems, Australia & New Zealand ................................... 29 Table 1.4: Impact Analysis of Restraints ................................................................................................ 31 Table 1.5: Green Infrastructure Pipeline, 2020, Australia ...................................................................... 34 Table 1.6: Technologies with Opportunities in HVAC ............................................................................ 36 Table 2.1: Analyzing Threat of New Entrants ......................................................................................... 45 Table 2.2: Analyzing Bargaining Power of Buyers ................................................................................. 46 Table 2.3: Analyzing Bargaining Power of Suppliers ............................................................................. 48 Table 2.4: Analyzing the Threat from Substitutes .................................................................................. 49 Table 2.5: Analyzing the Intensity of Competitive Rivalry ...................................................................... 50 Table 3.1: Australia Window & Portable AC Market, $Million, 2016-2024 ............................................ 56 Table 3.2: Australia Window & Portable AC Market, Thousand Units, 2016-2024............................... 56 Table 3.3: Australia Mini Split Air Conditioners Market, by Type, $Million, 2016-2024 ....................... 58 Table 3.4: Australia Mini Split Air Conditioners Market, by Type, Thousand Units, 2016-2024 ........... 59 Table 3.5: Australia Ductless Systems Market, by Capacity, $Million, 2016-2024 ............................... 59 Table 3.6: Australia Ductless Systems Market, by Capacity, Thousand Units, 2016-2024.................. 60 Table 3.7: Australia Ductless Systems Market, by Ductless Type, $Million, 2016-2024 ..................... 60 Table 3.8: Australia Ductless Systems Market, by Ductless Type, Thousand Units, 2016-2024 ........ 61 Table 3.9: Australia Ducted Systems Market, by Capacity, $Million, 2016-2024 ................................. 61 Table 3.10: Australia Ducted Systems Market, by Capacity, Thousand Units, 2016-2024 .................. 62 Table 3.11: Australia Ducted Systems Market, by Type, $Million, 2016-2024...................................... 62 Table 3.12: Australia Ducted Systems Market, by Type, Thousand Units, 2016-2024 ....................... 63 Table 3.13: Advantages and Disadvantages of Packaged Air Conditioners......................................... 63 Table 3.14: Australia Chillers Market, by Type, $Million, 2016-2024 .................................................... 66 Table 3.15: Australia Chillers Market, by Type, Thousand Units, 2016-2024 ....................................... 66 Table 3.16: Australia Chillers Market, by Cooling Type, $Million, 2016-2024 ....................................... 67 Table 3.17: Australia Chillers Market, by Cooling Type, Thousand Units, 2016-2024 ........................ 67 Table 3.18: Australia Chillers Market, by Capacity, $Million, 2016-2024 .............................................. 68
All rights reserved at BIS Research
10
Australia and New Zealand HVAC Market
Table 3.19: Australia Chillers Market, by Capacity, Thousand Units, 2016-2024 ................................. 68 Table 3.20: Benefits of Fan Coil Units .................................................................................................... 71 Table 3.21: Australia FCU Market, by Type, $Million, 2016-2024 ......................................................... 72 Table 3.22: Australia FCU Market, by Type, Thousand Units, 2016-2024 ........................................... 73 Table 3.23: Australia FCU Market, by Application, $Million, 2016-2024 ............................................... 73 Table 3.24: Australia FCU Market, by Application, Thousand Units, 2016-2024 .................................. 74 Table 4.1: Difference between Windows AC and Portable AC.............................................................. 79 Table 4.2: New Zealand Window & Portable AC Market, $Million, 2016-2024..................................... 80 Table 4.3: New Zealand Window & Portable AC Market, Thousand Units, 2016-2024 ...................... 81 Table 4.4: New Zealand Mini Split Air Conditioners Market, by Type, $Million, 2016-2024 ................. 84 Table 4.5: New Zealand Mini Split Air Conditioners Market, by Type, Thousand Units, 2016-2024 ... 84 Table 4.6: New Zealand Ductless Systems Market, by Capacity, $Million, 2016-2024 ....................... 85 Table 4.7: New Zealand Ductless Systems Market, by Capacity, Thousand Units, 2016-2024 .......... 85 Table 4.8: New Zealand Ductless Systems Market, by Ductless Type, $Million, 2016-2024 .............. 86 Table 4.9: New Zealand Ductless Systems Market, by Ductless Type, Thousand Units, 2016-2024 . 86 Table 4.10: New Zealand Ducted Systems Market, by Capacity, $Million, 2016-2024 ....................... 87 Table 4.11: New Zealand Ductless Systems Market, by Capacity, Thousand Units, 2016-2024 ........ 87 Table 4.12: New Zealand Ducted Systems Market, by Ducted Type, $Million, 2016-2024 ................. 88 Table 4.13: New Zealand Ducted Systems Market, by Type, Thousand Units, 2016-2024................. 88 Table 4.14: Key Companies in New Zealand Providing Single Packaged Air Conditioners ................ 90 Table 4.15: Key Companies in New Zealand Providing Chillers ........................................................... 92 Table 4.16: New Zealand Chillers Market, by Type, $Million, 2016-2024 ............................................. 93 Table 4.17: New Zealand Chillers Market, by Type, Thousand Units, 2016-2024 ............................... 94 Table 4.18: New Zealand Chillers Market, by Cooling Type, $Million, 2016-2024 ............................... 94 Table 4.19: New Zealand Chillers Market, by Cooling Type, Thousand Units, 2016-2024 .................. 95 Table 4.20: New Zealand Chillers Market, by Capacity, $Million, 2016-2024....................................... 95 Table 4.21: New Zealand Chillers Market, by Capacity, Thousand Units, 2016-2024 ........................ 96 Table 4.22: Key Companies in New Zealand Providing AHU................................................................ 96 Table 4.23: Key Companies in New Zealand Providing FCU ................................................................ 99 Table 4.24: New Zealand FCU Market, by Type, $Million, 2016-2024 ............................................... 101 Table 4.25: New Zealand FCU Market, by Type, Thousand Units, 2016-2024 .................................. 102 Table 4.26: New Zealand FCU Market, by Application, $Million, 2016-2024...................................... 102 Table 4.27: New Zealand FCU Market, by Application, Thousand Units, 2016-2024 ....................... 103 All rights reserved at BIS Research
11
Australia and New Zealand HVAC Market
Table 5.1: Recent Developments (2017-2019) .................................................................................... 106 Table 5.2: Daikin Industries Ltd.: Product Portfolio .............................................................................. 110 Table 5.3: FUJITSU: Product Portfolio ................................................................................................. 115 Table 5.4: Ingersoll Rand: Product Portfolio ......................................................................................... 119 Table 5.5: Johnson Controls: Product Portfolio .................................................................................... 125 Table 5.6: LG Electronics: Product Portfolio ......................................................................................... 131 Table 5.7: Mitsubishi Electric Corporation: Product Portfolio ............................................................... 136 Table 5.8: Panasonic Corporation: Product Portfolio ........................................................................... 141 Table 5.9: SAMSUNG: Product Portfolio .............................................................................................. 146 Table 5.10: Temperzone Group: Product Portfolio .............................................................................. 153 Table 5.11: Toshiba Carrier Corporation: Product Portfolio ................................................................. 158 Table 5.12: Toshiba Carrier Corporation: Recent Developments ....................................................... 160 Table 5.13: United Technologies Corporation: Product Portfolio ........................................................ 163
All rights reserved at BIS Research
12
Australia and New Zealand HVAC Market
List of Figures Figure 1: Increasing Population across Australia and New Zealand 2016-2018 .................................. 18 Figure 2: ANZ HVAC Market Snapshot, by Value, $Million, 2018, 2019 and 2024 .............................. 20 Figure 3: Australia HVAC Market Share (%, by Type), 2019 and 2024 ................................................ 22 Figure 4: New Zealand HVAC Market Share (%, by Type), 2019 and 2024 ........................................ 23 Figure 1.1: Market Dynamics .................................................................................................................. 25 Figure 1.2: Mid-tier Building Profile, Australia ........................................................................................ 27 Figure 1.3: Energy Consumption of an Office Building in Australia ....................................................... 31 Figure 1.4: Energy Consumption, by HVAC System Component ......................................................... 32 Figure 1.5: Indirect GHG Emissions, by Major Class ............................................................................. 32 Figure 1.6: Number of Projects, Green Infrastructure, by Category, Australia, 2020 ........................... 35 Figure 2.1: Strategies Adopted by the Key Players (January 2017-February 2020) ............................ 37 Figure 2.2: Share of Key Market Strategies and Developments (January 2017-February 2020) ........ 38 Figure 2.3: Product Launches and Developments Share (by Company).............................................. 39 Figure 2.4: Mergers and Acquisitions Share (by Company) .................................................................. 40 Figure 2.5: Business Expansion and Contracts Share (by Company) .................................................. 41 Figure 2.6: Partnerships, Collaborations, and Joint Ventures Share (by Company) ........................... 42 Figure 2.7: Porter’s Five Forces Analysis for the ANZ HVAC Market ................................................... 44 Figure 2.8: Australia & New Zealand HVAC Market, Distribution Channel Analysis ............................ 51 Figure 3.1: Australia HVAC Market, by Product Type............................................................................ 53 Figure 3.2: Australia HVAC Market, by Product Type, $Million, 2019 and 2024 .................................. 53 Figure 3.3: Australia HVAC Market, by Product Type, Thousand Units, 2019 and 2024 .................... 54 Figure 3.4: Australia Window & Portable AC Market, by Value, 2019................................................... 55 Figure 3.5: Australia Mini Split Systems, by Value, 2019 ...................................................................... 57 Figure 3.6: Australia Mini Split Systems, by Volume, 2019 ................................................................... 58 Figure 3.7: Australia Single Packaged Air Conditioners Market, $Million, 2016-2024 ........................ 64 Figure 3.8: Australia Single Packaged Air Conditioners Market, Thousand Units, 2016-2024 ............ 65 Figure 3.9: Australia AHU Market, by Value, 2016-2024 ....................................................................... 69 Figure 3.10: Australia AHU Market, by Volume, 2016-2024 .................................................................. 70 Figure 3.11: Australia FCU Market, by Value, 2016-2024 ..................................................................... 71 Figure 3.12: Australia FCU Market, by Volume, 2016-2024 .................................................................. 72 Figure 4.1: New Zealand HVAC Market (by Product Type) ................................................................... 77
All rights reserved at BIS Research
13
Australia and New Zealand HVAC Market
Figure 4.2: New Zealand HVAC Market, by Product Type, $Million, 2019 and 2024 ........................... 77 Figure 4.3: New Zealand HVAC Market, by Product Type, Thousand Units, 2019 and 2024 ............. 78 Figure 4.4: New Zealand Windows and Portable AC Market, by Value, 2019 ..................................... 80 Figure 4.5: Advantages and Disadvantages of Multi Split Air Conditioners .......................................... 82 Figure 4.6: Type of Multi Split Air Conditioners ...................................................................................... 82 Figure 4.7: New Zealand Mini Split Systems (by Type) by Value, 2019 ............................................... 83 Figure 4.8: New Zealand Mini Split Systems (by Type), by Volume, 2019 ........................................... 83 Figure 4.9: New Zealand Single Packaged Air Conditioners Market, by Value, 2016-2024 ................ 90 Figure 4.10: New Zealand Single Packaged Air Conditioners Market, by Value, 2016-2024 .............. 91 Figure 4.11: New Zealand AHU Market, by Value, 2016-2024 ............................................................. 98 Figure 4.12: New Zealand AHU Market, by Volume, 2016-2024 .......................................................... 98 Figure 4.13: New Zealand FCU Market, by Value, 2016-2024 ........................................................... 100 Figure 4.14: New Zealand FCU Market, by Volume, 2016-2024 ........................................................ 101 Figure 5.1: Actron Engineering Pty Ltd.: Product Category ................................................................. 107 Figure 5.2: Actron Engineering Pty Ltd.: SWOT Analysis .................................................................... 108 Figure 5.3: Daikin Industries Ltd.: Overall Financials, 2017-2019 ....................................................... 111 Figure 5.4: Daikin Industries Ltd.: Net Revenue by Regional Segment, 2017-2019 ......................... 111 Figure 5.5: Daikin Industries Ltd.: Net Revenue by Business Segment, 2016-2018 ......................... 112 Figure 5.6: Daikin Industries: SWOT Analysis ..................................................................................... 113 Figure 5.7: FUJITSU: Overall Financials, 2016-2018 .......................................................................... 115 Figure 5.8: FUJITSU: Net Revenue by Operating Segment 2016-2018 ............................................. 116 Figure 5.9: FUJITSU: Net Revenue by Regional Segment 2016-2018 .............................................. 116 Figure 5.10: FUJITSU: SWOT Analysis ............................................................................................... 117 Figure 5.11: Ingersoll Rand: Overall Financials, 2016-2018................................................................ 120 Figure 5.12: Ingersoll Rand: Net Revenue by Business Segment, 2016-2018 .................................. 121 Figure 5.13: Ingersoll Rand: Net Revenue by Regional Segment, 2016-2017 ................................... 121 Figure 5.14: Ingersoll Rand: Net Revenue by Regional Segment, 2018 ............................................ 122 Figure 5.15: Ingersoll Rand: SWOT Analysis ....................................................................................... 123 Figure 5.16: Johnson Controls: Overall Financials, 2017-2019........................................................... 127 Figure 5.17: Johnson Control: Net Revenue by Business Segment, 2017-2019 ............................... 128 Figure 5.18: Johnson Controls: Net Revenue by Regional Segment, 2017-2019 ............................. 128 Figure 5.19: Johnson Controls: SWOT Analysis .................................................................................. 129 Figure 5.20: LG Electronics: Overall Financials, 2017-2019 ............................................................... 132 All rights reserved at BIS Research
14
Australia and New Zealand HVAC Market
Figure 5.21: LG Electronics: Net Revenue by Business Segment, 2017-2019 .................................. 133 Figure 5.22: LG Electronics: SWOT Analysis ....................................................................................... 134 Figure 5.23: Mitsubishi Electric Corporation: Overall Financials, 2017-2019...................................... 137 Figure 5.24: Mitsubishi Electric Corporation: Net Revenue (by Region), 2017-2019 ........................ 137 Figure 5.25: Mitsubishi Electric Corporation: Net Revenue (by Business Segment), 2017-2019 ...... 138 Figure 5.26: Mitsubishi Electric Corporation: SWOT Analysis ............................................................. 139 Figure 5.27: Panasonic Corporation: Overall Financials, 2017-2019 .................................................. 142 Figure 5.28: Panasonic Corporation: Net Revenue (by Region), 2017-2019 ..................................... 142 Figure 5.29: Panasonic Corporation: Net Revenue (by Business Segment), 2017-2019 .................. 143 Figure 5.30: Panasonic Corporation: SWOT Analysis ......................................................................... 144 Figure 5.31: SAMSUNG: Product Portfolio .......................................................................................... 148 Figure 5.32: SAMSUNG: Overall Financials, 2017-2019..................................................................... 148 Figure 5.33: SAMSUNG: Net Revenue by Business Segment, 2017-2019 ....................................... 149 Figure 5.34: SAMSUNG: Net Revenue by Regional Segment, 2017-2019........................................ 150 Figure 5.35: SAMSUNG: SWOT Analysis ............................................................................................ 151 Figure 5.36: Temperzone Group: SWOT Analysis .............................................................................. 156 Figure 5.37: Toshiba Carrier Corporation: SWOT Analysis ................................................................. 161 Figure 5.38: United Technologies Corporation: Overall Financials, 2016-2018 ................................. 164 Figure 5.39: United Technologies Corporation: Net Revenue by Business Segment, 2016-2018 .... 165 Figure 5.40: United Technologies Corporation: Net Revenue by Regional Segment, 2016-2018 .... 165 Figure 5.41: United Technologies Corporation: SWOT Analysis ........................................................ 166 Figure 6.1: ANZ HVAC Market Scope .................................................................................................. 171 Figure 6.2: Report Methodology ........................................................................................................... 172 Figure 6.3: Primary Interviews Breakdown (by Company, Designation, and Country) ...................... 174 Figure 6.4: Sources of Secondary Research ....................................................................................... 175 Figure 6.5: Data Triangulation............................................................................................................... 176 Figure 6.6: Top Down-Bottom-Up Approach for Market Estimation .................................................... 177
All rights reserved at BIS Research
15
Australia and New Zealand HVAC Market
BIS Research Offerings: We are on a mission to harness the potential of disruptive technologies to make businesses thrive in today’s digital age. We have a vision to be a leading and a preferred knowledge partner for corporates and institutions worldwide and assist them with market intelligence in the area of emerging technologies, advisories, and other innovative solutions.
Know More
Know More
Know More
Know More
All rights reserved at BIS Research
16
Australia and New Zealand HVAC Market
Disclaimer BIS Research Inc. provides valuable market intelligence to an exclusive group of customers in response to orders. The report is licensed for the customer's internal use only and is subject to restrictions set henceforth. This document and its contents are confidential and may not be further distributed, published or reproduced, in whole or in part, by any medium or in any form for any purpose, without the written consent of BIS Research. The customer will not disclose the contents of the report, whether directly through any medium or indirectly through incorporation in a database, marketing list, report or otherwise, or use or permit the use of information to generate any statistical or other information that is or will be provided to third parties, or voluntarily produce information in legal proceedings.
Market reports are based on expectations, estimates and projections as of the date such information is available. Any recommendation contained in this report may not be suitable for all investors or businesses. The market conclusions drawn are necessarily based upon a number of estimates and assumptions that, while considered reasonable by BIS Research as of the date of such statements, are inherently subject to market fluctuations and business, economic and competitive uncertainties and contingencies
For more details regarding permission, please contact us: Email: sales@bisresearch.com Tel: +1 510 404 8135
All rights reserved at BIS Research
17
Australia and New Zealand HVAC Market
BIS RESEARCH INC. 39111 Paseo Padre PKWY, Suite 313 Fremont, CA 94538 -1686 E-mail: info@bisresearch.com | Call Us: +1-510-404-8135 Global Delivery Center Tower B First Floor, Tapasya Corporate Heights, Greater Noida Expressway, Sector 126, Noida, U.P., 201303, India Tel: +91 120 4261540 / 4261544 www.bisresearch.com
All rights reserved at BIS Research
18