Central Air Conditioning Systems - A European Market Overview - In 2010, Italy, Germany and France represented the largest European Central Air Conditioning Systems manufacturers in terms of shipment value, with a combined share of nearly 50%. Italy is the largest manufacturer of Central Air Conditioning Systems with a shipment value of US$1.1 billion in 2010 and expected to reach US$1.8 billion by 2015 with a CAGR of 6.7%. Emerging manufacturing countries, Czech Republic and Turkey, are forecast to register double digit growth rates over the 2006-2015 analysis period and gain share at the expense of other major regions in Europe. Europe was adversely affected by the recent world recession and the Central Air Conditioning market has been dampened in all countries except Italy, Turkey, Spain, the UK and Czech Republic which achieved a positive growth during 2010.
CAC product segments analyzed in this study include Direct Expansion (DX) Central Air Conditioning Systems and Central Plant/Chilled Water Central Air Conditioning Systems (Central Plant AC Systems). The report also analyzes the market of the sub-segments of DX Systems - Split AC Systems (only greater than or equal to 12kW of cooling capacity are considered for this segment which are capable of accommodating more than one indoor units and to be considered as central systems), Packaged AC Systems, VRF Systems and Heat Pumps; and Central Plant AC Systems - Chillers, Cooling Towers, Air Handling Units and Fan Coil Units.
European shipments of Central Air Conditioning Systems stand at an estimated 2.52 million units in 2010, valued at US$5.14 billion. Though unit shipments are forecast to witness a low CAGR over 2006-2015, value of shipments are expected to maintain a positive trend over the aforementioned years.
The market report includes the complete competitive landscape for CAC market in Europe and selected individual countries (France, Germany, Italy, Turkey, Spain and The United Kingdom) which comprises market share analysis (2009) for leading market players including Aermec, Airwell Group, Carrier, CIAT Group, Climaveneta, Daikin Europe (McQuay), Flakt Woods, GEA Group, Lennox Europe, Trane and York. The study analyses these major players with respect to key financials, product listing & analysis, key brands, competitors and production plant locations & capacities. The report also briefly profiles 70 other key market players across Europe.
This 337 page European market report includes 171 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of market numbers. The statistical tables represent the data for the CAC unit shipments and value of shipments by major European geographic regions, product segments and sub-segments.
European shipments of Central Air Conditioning Systems stand at an estimated x.xx million units in 2010, valued at US$x.xx billion. Though unit shipments are forecast to witness a low CAGR over 2006- 2015, value of shipments are expected to maintain a positive trend over the aforementioned years. A severe economic downturn in Europe in 2009 affected the Central Air Conditioning Systems market as well, with decline in shipments, as well as value. This trend further continued and the market decreased slightly in 2010. Marginal recovery trends have been observed in 2011 that are expected to continue. On a year-on-year basis, 2011 would turn out to be better than last couple of years, in terms of both unit shipments and value of shipments.
Market Share Analysis for Major Players in Europe
In 2009, again Carrier Corp retained the top position in European CAC market with US xxx million dollars and 224 thousand in terms of shipment value and units shipped respectively. Daikin McQuay and Trane closely follow Carrier in the same year. Other US manufacturers who achieved top positions in Europe include York and Lennox. Europe based companies who are leading include Aermec and Climaveneta from Italy, Airwell and CIAT from France and GEA Group from Germany.
GEA Happel is the leading German manufacturer of CAC, with a value share of xx.x% and a volume share of xx% in 2009. Value shipments of CAC in Germany reached US xxx.x million dollars in 2009, with xxx.x thousand units being shipped in that year. Robatherm and Hyfra stood at number two and three respectively.
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