Malaysia air Conditioners Market Trend 2025

1. 2015 – 2025 MALAYSIA AIR CONDITIONERS MARKET FORECAST & OPPORTUNITIES www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING

2. Scope of Report Product of Interest (POI): Air Conditioners Air conditioners are electrical appliances used to control humidity, ventilation, and temperature of a particular area. Based on product type, air conditioners can be segregated into splits, VRFs, chillers, windows and others. Market Segmentation END USE SECTOR PRODUCT TYPE Chillers • Residential • Year Range VRFs • Commercial/Industrial • Splits • REGION Review Period Windows • Others (Precision • Central Region (West Malaysia) East Malaysia Northern Region (West Malaysia) Eastern Region (West Malaysia) Southern Region (West Malaysia) • 2015 – 2018 AC, Packaged AC, Base Year Portable, Floor • 2019 Standing etc.) • Estimated Year • 2020 Forecast Period • 2021 – 2025 Note: These are dummy figures; please purchase our report for actual data 2

3. Table of Contents S. No. Contents 1. Product Overview (Definition of product and major terminologies used in the report) Research Methodology (Detailed description of the methodology used to conduct the research, Raw data backup, list of all secondary sources, List of respondents for primary surveys) 2. 3. Executive Summary 4. Impact of COVID-19 on Malaysia Air Conditioners Market 5. Voice of Customer 5.1. Brand Awareness 5.2. Factors Influencing Purchase Decisions 5.3. Brand Satisfaction Level 5.4. Challenges Faced Post Purchase 6. Malaysia Air Conditioners Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value & Volume 6.2. Market Share & Forecast By Product Type (Splits, VRFs, Chillers, Windows, and Others (Precision AC, Packaged AC, Portable, Floor Standing etc.)) 6.2.1. 6.2.2. By End Use Sector (Residential Vs Commercial/Industrial) 6.2.3. By Region 6.2.4. By Company 6.3. Product Market Map 7. Malaysia Split Air Conditioners Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value & Volume 3

4. Table of Contents S. No. Contents 7.2. Market Share & Forecast 7.2.1. By End Use Sector 7.3. Product Benchmarking 8. Malaysia VRFs Air Conditioners Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value & Volume 8.2. Market Share & Forecast 8.2.1. By End Use Sector 8.3. Product Benchmarking 9. Malaysia Chillers Air Conditioners Market Outlook 9.1. Market Size & Forecast 9.1.1. By Value & Volume 9.2. Market Share & Forecast 9.2.1. By End Use Sector 9.3. Product Benchmarking 10. Malaysia Windows Air Conditioners Market Outlook 10.1. Market Size & Forecast 10.1.1. By Value & Volume 10.2. Market Share & Forecast 10.2.1. By End Use Sector 10.3. Product Benchmarking 4

5. Table of Contents S. No. Contents 11. Malaysia Others Air Conditioners Market Outlook 11.1. Market Size & Forecast 11.1.1. By Value & Volume 12. Supply Chain Analysis 13. Import - Export Analysis Market Dynamics (This chapter assesses the major demand drivers and restrains. In addition, this section also analyzes its impact on the demand of the product during study period. As a part of study, this chapter would also examine Porter’s Five Forces and PESTLE Framework) 14. 14.1. Drivers 14.2. Challenges Market Trends & Developments (This section captures recent trends pertaining to manufacturing or consumption, market movements in terms of points of production and consumption, advancements and development) 15. 16. Policy & Regulatory Landscape 17. Malaysia Economic Profile 18. Competitive Landscape 18.1. Competition Outlook 18.2. Company Profiles (Top 10 Leading Companies) 18.2.1. Company Details 18.2.2. Products & Services 18.2.3. Financials (As Reported) 18.2.4. Key Market Focus & Geographical Presence 18.2.5. Expansion Strategies 5

6. Table of Contents S. No. Contents 18.2.6. Key Management Personnel Strategic Recommendations (Based on the findings of the report strategic recommendations on how to enter and expand market share) About Us & Disclaimer 19. 20. 6

7. RESEARCH METHODOLOGY RESEARCH METHODOLOGY

8. Research Methodology Market Profiling Data Analysis Data Data Developing List of Respondents Formulating Questionnaire Collection Validation In-depth secondary research was conducted to determine top players in the Malaysia air conditioners market, overall market size and segmental market size. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about the Malaysia air conditioners market. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. TechSci conducted interviews with industry experts and industry players for data collection and verification. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of industry players and industry specialists was developed. Primary Research Desk Research Company Analysis ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Conclusion ✓ ✓ Market Participants Key Strengths ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews Actionable Insights Data Filter & Analysis Business Solution Research & Intelligence Data Collection ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources LinkedIn TechSci Internal Database Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc. Factiva Hoovers ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 8

9. Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of Malaysia air conditioners market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as growing construction activities in hospitality and tourism sectors coupled with increasing investments by government for infrastructure developments, etc. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in Malaysia air conditioners market. Methodology Followed for Calculation of Market Size: Market Size By Value: Market size, in terms of value, for the year 2019 was calculated based on information collected through exhaustive secondary • research and primary surveys, with various key opinion leaders/stakeholders, such as air conditioners companies, market influencers & end users, industry experts, and other industry participants. The team interviewed more than 15 – 20 air conditioners companies, 45 – 50 channel partners, 80 – 100 end users, and 15 – 20 industry experts and • other value chain stakeholders in Malaysia air conditioners market to obtain the overall market size for 2015-2019, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2015-2019. 9

10. Research Methodology Respondents were asked about the current and future market growth rates, market shares by product type, by end use sector, by region, by • company. Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders. Methodology Followed for Calculation of Market Shares: Market shares by product type, by end use sector, by region, by company were calculated based on the responses received through primary surveys • with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of Malaysia air conditioners market. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed for Forecasting: TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in • SPSS/Tableau Software. Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Malaysia air • conditioners market, TechSci Research used various forecast techniques such as: Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis ✓ 10

11. 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 periods 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. Partial List of Companies Interviewed Key Secondary Sources Daikin Malaysia Sdn. Bhd World Bank ▪ ▪ Midea Scott & English Electronics Sdn Bhd TechSci Research Proprietary Database & Knowledge ▪ ▪ Haier Electrical Appliances (M) Sdn. Bhd. Repository ▪ Hitachi Sales (Malaysia) Sdn. Company Annual Reports ▪ ▪ Mitsubishi Electric Sales Malaysia Sdn. Bhd. Industry Magazines ▪ ▪ Samsung Malaysia Electronics (SME) Sdn Industry Reports ▪ ▪ Panasonic Malaysia Sdn Bhd. News Dailies ▪ ▪ LG Electronics (M) Sdn. Bhd. Credible Paid Databases ▪ ▪ Carrier (Malaysia) Sdn. Bhd. ▪ Sharp Electronics (Malaysia) Sdn. Bhd ▪ 11

12. Industry Brief According to TechSci Research report, “Malaysia Air Conditioner Market By Product Type, By End Use Sector, By Region, Competition, Forecast & Opportunities, 2025”, Malaysia air conditioners market is project to grow at a CAGR of over 11% during 2021 - 2025 on account of increasing disposable income, wide variety of product offerings by leading companies, and innovations of the latest technologies. Additionally, improving living standards and changing temperature levels are augmenting demand for air conditioners in the residential sector, which will further drive the air conditioner market in Malaysia during the forecast period. Many companies have increased their presence on online channels on the back of rising sales from e-commerce platforms. Websites such as Iprice, Lazada, Shopee, etc., offer a wide variety of air conditioners online, which is further driving and setting up a new trend in Malaysia air conditioners market. Malaysia air conditioners market is segmented based on product type, end-use and region. Based on product type, air conditioners market in Malaysia is segmented into Splits, VRFs, Chillers, Windows, and Others ((Portable, Floor Standing, etc.). As of 2019, Split type air conditioner category holds the largest share in Malaysia air conditioners market and the trend is expected to continue over the next five years. Besides, due to expanding commercial space, there is an increasing demand for VRFs and chiller type air conditioners. In 2019, residential air conditioner end-use segment held the largest market share in Malaysia air conditioners market due to increasing population and rising household expenditure of middle-income families. Based on the region, Malaysia air conditioner market is segmented into Central Region, East Region, Northern Region, East Coast Region, and Southern Region. Until 2019, Central region accounted for the largest market share in Malaysia air conditioners market, followed by East and Northern regions. Daikin Malaysia Sdn. Bhd, Midea Scott & English Electronics Sdn Bhd, Haier Electrical Appliances (M) Sdn. Bhd., Hitachi Sales (Malaysia) Sdn., Mitsubishi Electric Sales Malaysia Sdn. Bhd., Samsung Malaysia Electronics (SME) Sdn, Panasonic Malaysia Sdn. Bhd., LG Electronics (M) Sdn. Bhd., Carrier (Malaysia) Sdn. Bhd., and Sharp Electronics (Malaysia) Sdn. Bhd. are among the leading air conditioner players operating in Malaysia. “Malaysia air conditioner market is witnessing growth due to increasing product affordability, latest technologies attracting consumers and companies also spending more on research & development than before. Besides, consumers are increasingly looking for a better product, especially energy-efficient air conditioners. Consumers are willing to spend more for getting their hands on the best technologies available in the market. Also, increasing industrialization and rising demand for air conditioner at commercial spaces will further drive the country’s air conditioner market in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm. 12

13. Sample Data - Snapshot Malaysia Air Conditioners Market Size, By Value (USD Million) & Volume (Thousand Units), 2015–2025F 15.00 110.00 14.00 100.00 13.00 90.00 12.00 80.00 11.00 70.00 10.00 60.00 9.00 50.00 8.00 40.00 7.00 30.00 6.00 20.00 5.00 10.00 2015 2019 2020E 2025F CAGR BY VALUE: XX% CAGR BY VOLUME: XX% CAGR BY VALUE: XX% CAGR BY VOLUME: XX% By Value (USD Million) By Volume (Thousand Units) Malaysia Air Conditioners Market Share, By Region, By Value, 2019 & 2025F 2019 2025F Central Region (West Malaysia) East Malaysia Central Region (West Malaysia) East Malaysia Northern Region (West Malaysia) Eastern Region (West Malaysia) Northern Region (West Malaysia) Eastern Region (West Malaysia) Southern Region (West Malaysia) Southern Region (West Malaysia) Malaysia Split Air Conditioners Market Share, By End Use Sector, By Value, 2015–2025F 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% Commercial/I ndustrial 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% Residential 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F 13

14. Report Ordering Report Name: MALAYSIA AIR CONDITIONERS MARKET FORECAST & OPPORTUNITIES 2015 – 2025 Report Price License Type Price Electronic Access - Single User License $3450 Electronic Access - Multi-User License $4450 Custom Research License $8450 To View Sample OR Purchase Report 14

15. About Us & Disclaimer TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Related Reports Global Air Conditioners Market By Product Type (Light Commercial Air Conditioner, Ductable Splits, VRF, Chiller and Others), By Region (Asia-Pacific, North America, Europe, South America and MEA), Competition Forecast & Opportunities, 2025 • India Air Conditioners Market By Product Type (Light Commercial Air Conditioners, Ductable Splits, VRF, Chillers, and Others), By End Use Sector (Residential, Commercial and Industrial), Competition Forecast & Opportunities, 2025 • TechSci Research – North America 708 Third Avenue, Manhattan, New York, United States Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Europe 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.