For the complete report, get in touch with us at : info@netscribes.com The HVAC Market in India is growing at a fast pace primarily owing to the huge rise in construction activity in real. A strong need to meet the ever increasing demand coupled with the geographical conditions in India has made it lucrative for firms to venture into this sector. The report begins with an introduction to HVAC systems and its applications. It further delves into the various types of HVAC systems and its major components. The market overview section gives an insight into the existing market including the market size and growth, and share of major segments. An analysis of the drivers explains the factors for growth of the industry including growth in construction industry, government investments, constant flow of foreign investments and geographical advantages. The key challenges of the market include huge establishment cost and developing efficient systems. This section is followed by the sector-wise demand for HVAC covering real estate, retail industry, healthcare sector, hospitality sector, SEZs, airports and metro rail. The competition section provides an overview of the competitive landscape in the industry and includes a detailed profile of the major domestic and foreign players in the market along with a snapshot of their business.

1. HVAC Market – India
April 2011

2. Executive Summary
HVAC market in India was worth INR x bn in 200- and has been growing at a CAGR of y%
Market between 200--200-
It has immense potential owing to the boom in the construction and infrastructure sectors
Drivers Challenges
– Growth in construction industry – Huge establishment cost
Drivers &
LE
– Government investments – Developing energy efficiency
Challenges – Constant flow of foreign investments
MP
– Geographical advantages
Real Estate- India is the most viable investment destination for real estate
Sector-wise
Demand
A
Retail Industry- Undergoing a structural change with increase in large format shopping malls
S
Healthcare Sector- Expected to become an INR z bn industry by 20--
Hospitality Sector- A lot of high-class hotel projects across India are in the pipeline
SEZs- Government has approved a SEZs out of which many are still left to be completed
Airports- Modernization of a number of metro and non-metro airports are underway
Metro Rail- INR b tr will be invested in metro rail system in the next c years
Market comprises of both domestic players and foreign players:
Competition Domestic Players Foreign Players
Player 1 Player 2 Player 3 Player 4 Player 5 Player 6
HVAC MARKET IN INDIA 2011.PPT 2

3. •Introduction
•Market Overview
•Drivers & Challenges
•Sector-wise Demand
•Competition
HVAC MARKET IN INDIA 2011.PPT 3

4. HVAC systems are fast becoming indispensable units in large
building facilities in India
Overview Types of HVAC
• HVAC (Heating, Ventilating and Air Conditioning) HVAC systems
refers to systems that perform processes designed to
regulate room temperature, humidity and air flow in Central Systems
buildings, according to their acceptable ranges Systems using chilled water as a cooling medium and air-
LE
• HVAC systems consume an important part of: cooled chillers and cooling towers to reject heat. Heating is
usually generated from a boiler and piped hot water or steam.
Architectural design and space allocations
Building construction budget
Building’s annual energy consumption
MP Distribution of cooled air is then handled by VAV (Variable Air
Volume) units, CAV (Constant Air Volume) units or small un-
ducted cooling units
HVAC Applications
Airports and Government
SA
Retail
Packaged Systems
These systems are generally either rooftop systems or split
systems. Cooling is delivered directly to the supply air through
a refrigerant evaporative coil. Packaged units are designed as
SEZs Facilities Outlets heat pumps and include a gas furnace or an electric resistive
heating coil. Heat pumps operate utilizing the refrigeration
Educational Healthcare system to pump heat from the outdoors into the building
HVAC
Facilities Facilities
Individual Systems
Hotels and Smaller window or wall-mounted type units which are self
Multiplexes Office Space
Malls contained and allow for more individual control. Cooling is
handled inside and heat rejection outside
Source:
HVAC MARKET IN INDIA 2011.PPT 4

5. HVAC market in India has been showing consistent growth
and is poised for more in the near future
HVAC Market- Overview HVAC Market- Market Size and Growth
• HVAC market in India has immense potential owing Segment 1
Segment 2
to the boom in the construction and infrastructure INR bn
sectors
LE
a%
• Economic slow down since 200- had its effects on the
P
HVAC market deterring its growth rate
M
• Though the market appears steady there are many
0
offerings
SA
innovations that need to be made to update its
• The market is mostly concentrated around air-
2004 2005 2006
HVAC Market- Market Segmentation(200-)
2007 2008 2009
conditioning than heating or ventilation due to its Segment 3
x%
geographical factors
• Commercial air-conditioning constitutes the bulk of
the market share
y%
Segment 4
Source:
HVAC MARKET IN INDIA 2011.PPT 5

6. Drivers & Challenges – Summary
Drivers Challenges
Growth in construction industry Huge establishment cost
Government investments Developing efficient systems
Constant flow of foreign investments
Geographical advantages
HVAC MARKET IN INDIA 2011.PPT 6

7. Sector-wise Demand (2/7)
Retail Industry Retail Expansion Plans in India
• Indian retail industry is undergoing a structural
Companies Expansion Plans
change with individual stores making way for large
C1 • Will invest INR U bn in 60 stores by 20--
format shopping malls and hyper-markets
• It has been ranked as the most attractive country for • Invest ~INR V bn in the next p years in
C2
LE
supermarkets and hyper marts
international retail expansion in 200-
C3 • To invest INR W bn in next q years
• HVAC market will benefit as the retail sector
witnesses an upturn since it constitutes a major
MP
portion of the costs of such in-built environments
C4
C5
• Plans to have X hypermarkets by 20--
• Open another Y stores by 20--
Retail Industry Market Size
Organized Market
Unorganized Market
SA Organized Retail Market Space
Organized retail
space is expected to
mn sq feet
grow substantially
INR bn
x% x% and drive the HVAC
w% market in India
y%
s%
t%
0 0
2010 2013e 2010 2012e
Source:
HVAC MARKET IN INDIA 2011.PPT 7

8. Domestic Players in the Market (2/3)
Company Snapshot: Company 1
Corporate Information Financial Performance
Total Revenue
Headquarters ----
Net Profit
INR bn INR bn
Founded ----
Products ----
PLE
M
Key People Z – President
A
0 0
S
2006 2007 2008 2009
Business Highlights
• Player has secured two orders worth INR - bn for two airports in India, namely Kolkata's Netaji Subhas Chandra Bose
International airport and Chennai International airport
• Has signed a joint venture with Company 2 of Region 2 for execution of electro-mechanical (MEP) projects
• Will form a joint venture company in Region 3 in partnership with Z Company for an electro-mechanical project
• Has acquired the entire stake of its Region 3 partner in joint venture firm Y
• Player has acquired a majority stake in X and made it their wholly-owned subsidiary
Source:
HVAC MARKET IN INDIA 2011.PPT 8

9. Thank you for the attention
The HVAC Market - India report is part of Research on India’s Manufacturing Industry Series.
For more detailed information or customized research requirements please contact:
Gaurav Kumar
Phone: +91 33 4064 6214
E-Mail: gaurav.kumar@netscribes.com
Research on India is a product of Netscribes (India) Pvt. Ltd. Research on India is dedicated to disseminating information and providing quick
insights on “hot” industries in India and other emerging markets. Track our new releases and major updates in these industries on
About Netscribes
Netscribes is a knowledge-consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment &
business research, business & corporate intelligence, content-management services, and knowledge-software services. At its core lies a true
value proposition that draws upon a vast knowledge base. Netscribes is a one-stop shop designed to fulfil clients’ profitability and growth
objectives.
Disclaimer: This report is published for general information only. Although high standards have been used the preparation, Research on India,
Netscribes (India) Pvt. Ltd. or “Netscribes” is not responsible for any loss or damage arising from use of this document. This document is the
sole property of Netscribes (India) Pvt. Ltd. and prior permission is required for guidelines on reproduction.
HVAC MARKET IN INDIA 2011.PPT 9