Methodology

The research on the split system and chiller markets was based on a mixture of methodologies. BSRIA used a mixture of its own consultants from the Worldwide Market Intelligence section and its subsidiaries outside of the UK, and its long-term partners. At a local level, the research depended on a range of sources, including statistical collection, desk research, face-to-face interviews and telephone/fax interviews.

The research was planned and controlled from BSRIA, which combined the advantage of using local experts, which are its long-standing partners, as well as offering BSRIA expertise in the air conditioning field and the advantage of supplying a comparable set of data.

Definitions

All market size volumes in this report refer to number of units sold in a given year; for split systems, these refer to outdoor units, where not indicated otherwise.

Values stated in this report refer to the value of the whole system, with the average prices recorded at first point of distribution. Values of sales at manufacturers’ selling prices includes ancillaries, such as controls, where applicable. The price excludes VAT or equivalent taxes outside of the United Kingdom. Values refer to only cost of the equipment. However, for larger equipment with high transport costs these may be included in the price. For imported equipment, each market is based on the price of goods at manufacturer’s selling price (MSP) to the distributor’s warehouse or to the installer/end user. This means the MSP includes all transport, insurance and duties paid to import the product in the country, and which are then included in the price of the machine quoted by the supplier.

The values in this report only represent the invoiced value in that given year.

For comparison purposes, all products in this report use kW.

Macro-economic data

BSRIA based its macro-economic data on Oxford Economics and Euro Construct, wherever available.