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Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million. Partial List of Companies Interviewed Key Secondary Sources ▪ Daikin Industries, Ltd. ▪ World Bank ▪ GreeElectric Appliances Inc. ▪ TechSci Research Proprietary Database & Knowledge Repository ▪ Midea Group Co., Ltd. ▪ Company Annual Reports ▪ Carrier Global Corporation ▪ IndustryMagazines ▪ Samsung Electronics Co. Ltd. ▪ Industry Reports ▪ Panasonic Corporation ▪ News Dailies ▪ Mitsubishi Electric Corporation ▪ Credible Paid Databases ▪ Toshiba Corporation ▪ Ingersoll Rand Public Limited Company ▪ Johnson Controls-Hitachi Air Conditioning Limited 19

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