EXHIBIT 1 SEGMENTATION OF US RESIDENTIAL HEATING SYSTEMS MARKET
EXHIBIT 2 MARKET SIZE CALCULATION APPROACH 2022
EXHIBIT 3 HEEHRA REBATE AMOUNTS FOR APPLIANCES
EXHIBIT 4 VALUE CHAIN ANALYSIS OF US RESIDENTIAL HEATING SYSTEMS MARKET
EXHIBIT 5 IMPACT OF MAJOR SHIFT TOWARD DUCTLESS SYSTEMS
EXHIBIT 6 IMPACT OF EMERGENCE OF SMART HEATING SYSTEMS WITH IOT TECHNOLOGY
EXHIBIT 7 MODERN TECHNOLOGY OF IOT FOR SMART HEATING SYSTEMS
EXHIBIT 8 IMPACT OF INCORPORATION OF HEAT AND ENERGY-EFFICIENCY ZONING TECHNOLOGY
EXHIBIT 9 IMPACT OF INTEGRATION OF HYDROGEN HEATING TECHNOLOGY
EXHIBIT 10 ADVANTAGES OF HYDROGEN HEATING SYSTEMS
EXHIBIT 11 IMPACT OF RISING DEMAND FOR GEOTHERMAL HEATING SYSTEMS
EXHIBIT 12 ADVANTAGES OF GEOTHERMAL HEATING SYSTEMS
EXHIBIT 13 IMPACT OF GROWING DEMAND FOR VRF SYSTEMS
EXHIBIT 14 KEY ADVANTAGES OF VARIABLE REFRIGERANT FLOW (VRF) SYSTEM
EXHIBIT 15 IMPACT OF LACK OF SKILLED LABOR
EXHIBIT 16 MEASURES TAKEN BY VARIOUS AGENCIES AND ORGANIZATIONS
EXHIBIT 17 IMPACT OF VULNERABILITY TO COVID-19
EXHIBIT 18 IMPACT OF INTRACTABLE DATA SECURITY ISSUES
EXHIBIT 19 US ENERGY CONSUMPTION BY ENERGY SOURCE IN 2019
EXHIBIT 20 US RESIDENTIAL HEATING SYSTEMS MARKET 2022–2028 ($ MILLION)
EXHIBIT 21 US RESIDENTIAL HEATING SYSTEMS MARKET 2022–2028 (THOUSAND UNITS)
EXHIBIT 22 FIVE FORCES ANALYSIS 2022
EXHIBIT 23 INCREMENTAL GROWTH BY EQUIPMENT 2022 & 2028(VALUE)
EXHIBIT 24 INCREMENTAL GROWTH BY EQUIPMENT 2022 & 2028(VOLUME)
EXHIBIT 25 KEY FACTORS FAVORING DEMAND FOR HEAT PUMPS
EXHIBIT 26 US RESIDENTIAL HEAT PUMP MARKET 2022–2028 ($ MILLION)
EXHIBIT 27 US RESIDENTIAL HEAT PUMP MARKET 2022–2028 (THOUSAND UNITS)
EXHIBIT 28 US RESIDENTIAL BOILER UNIT MARKET 2022–2028 ($ MILLION)
EXHIBIT 29 US RESIDENTIAL BOILER UNIT MARKET 2022–2028 (THOUSAND UNITS)
EXHIBIT 30 COOLING DEGREE DAYS
EXHIBIT 31 US RESIDENTIAL FURNACE MARKET 2022–2028 ($ MILLION)
EXHIBIT 32 US RESIDENTIAL FURNACE MARKET 2022–2028 (THOUSAND UNITS)
EXHIBIT 33 US RESIDENTIAL VRF MARKET 2022–2028 ($ MILLION)
EXHIBIT 34 US RESIDENTIAL VRF MARKET 2022–2028 (THOUSAND UNITS)
EXHIBIT 35 US RESIDENTIAL OTHER HEATING EQUIPMENT MARKET 2022–2028 ($ MILLION)
EXHIBIT 36 US RESIDENTIAL OTHER HEATING EQUIPMENT MARKET 2022–2028 (THOUSAND UNITS)
EXHIBIT 37 INCREMENTAL GROWTH BY END-USER 2022 & 2028 (VALUE)
EXHIBIT 38 INCREMENTAL GROWTH BY END-USER 2022 & 2028 (VOLUME)
EXHIBIT 39 GROWTH IN SINGLE AND MULTI-FAMILY HOUSING UNITS IN US 2015−2019 (THOUSAND UNITS)
EXHIBIT 40 NUMBER OF SINGLE-FAMILY HOUSES SOLD IN US 2018–2023 (MILLION UNITS)
EXHIBIT 41 US RESIDENTIAL HEATING SYSTEMS MARKET BY SINGLE-FAMILY HOUSING 2022–2028 ($ MILLION)
EXHIBIT 42 US RESIDENTIAL HEATING SYSTEMS MARKET BY SINGLE-FAMILY HOUSING 2022–2028 (THOUSAND UNITS)
EXHIBIT 43 NUMBER OF MULTI-FAMILY HOUSING IN US 2018–2023 (MILLION UNITS)
EXHIBIT 44 US RESIDENTIAL HEATING SYSTEMS MARKET BY MULTI-FAMILY HOUSING 2022–2028 ($ MILLION)
EXHIBIT 45 US RESIDENTIAL HEATING SYSTEMS MARKET BY MULTI-FAMILY HOUSING 2022–2028 (THOUSAND UNITS)
EXHIBIT 46 INCREMENTAL GROWTH BY DISTRIBUTION CHANNEL 2022 & 2028
EXHIBIT 47 INCREMENTAL GROWTH BY DISTRIBUTION CHANNEL 2022 & 2028
EXHIBIT 48 CLASSIFICATION OF US RESIDENTIAL HEATING SYSTEMS MARKET BY DISTRIBUTION CHANNEL
EXHIBIT 49 US RESIDENTIAL HEATING SYSTEMS MARKET BY OFFLINE 2022–2028 ($ MILLION)
EXHIBIT 50 US RESIDENTIAL HEATING SYSTEMS MARKET BY OFFLINE 2022–2028 (THOUSAND UNITS)
EXHIBIT 51 CLASSIFICATION OF ONLINE DISTRIBUTION CHANNELS
EXHIBIT 52 US RESIDENTIAL HEATING SYSTEMS MARKET BY ONLINE 2022–2028 ($ MILLION)
EXHIBIT 53 US RESIDENTIAL HEATING SYSTEMS MARKET BY ONLINE 2022–2028 (THOUSAND UNITS)
EXHIBIT 54 INCREMENTAL GROWTH BY REGION 2022 & 2028 (VALUE)
EXHIBIT 55 INCREMENTAL GROWTH BY REGION 2022 & 2028 (VOLUME)
EXHIBIT 56 AVERAGE AND MEDIAN FAMILY INCOME IN SOUTHERN US 2022 ($)
EXHIBIT 57 HIGHEST NUMBER OF HOUSING UNITS WITH HEAT PUMPS IN US STATES 2020
EXHIBIT 58 RESIDENTIAL HEATING SYSTEMS MARKET IN SOUTHERN US 2022–2028 ($ MILLION)
EXHIBIT 59 RESIDENTIAL HEATING SYSTEMS MARKET IN SOUTHERN US 2022–2028 (THOUSAND UNITS)
EXHIBIT 60 RESIDENTIAL HEATING SYSTEMS MARKET IN WESTERN US 2022–2028 ($ MILLION)
EXHIBIT 61 RESIDENTIAL HEATING SYSTEMS MARKET IN WESTERN US 2022–2028 (THOUSAND UNITS)
EXHIBIT 62 RESIDENTIAL HEATING SYSTEMS MARKET IN MIDWEST US 2022–2028 ($ MILLION)
EXHIBIT 63 RESIDENTIAL HEATING SYSTEMS MARKET IN MIDWEST US 2022–2028 (THOUSAND UNITS)
EXHIBIT 64 RESIDENTIAL HEATING SYSTEMS MARKET IN NORTHEAST US 2022–2028 ($ MILLION)
EXHIBIT 65 RESIDENTIAL HEATING SYSTEMS MARKET IN NORTHEAST US 2022–2028 (THOUSAND UNITS)
LIST OF TABLES
TABLE 1 KEY CAVEATS
TABLE 2 CURRENCY CONVERSION 2015−2022
TABLE 3 ADVANTAGES AND DISADVANTAGES OF DUCTED AND DUCTLESS SYSTEM
TABLE 4 US RESIDENTIAL HEATING SYSTEMS MARKET BY GEOGRAPHY 2022−2028 ($ MILLION)
TABLE 5 US RESIDENTIAL HEATING SYSTEMS MARKET BY GEOGRAPHY 2022−2028 (THOUSAND UNITS)
TABLE 6 US RESIDENTIAL HEATING SYSTEMS MARKET BY EQUIPMENT 2022–2028 ($ MILLION)
TABLE 7 US RESIDENTIAL HEATING SYSTEMS MARKET BY EQUIPMENT 2022–2028 (THOUSAND UNITS)
TABLE 8 BOILER INSTALLATION AND REPLACEMENT COST IN 2022
TABLE 9 US RESIDENTIAL HEATING SYSTEMS MARKET BY END-USER 2022–2028 ($ MILLION)
TABLE 10 US RESIDENTIAL HEATING SYSTEMS MARKET BY END-USER 2022–2028 (THOUSAND UNITS)
TABLE 11 US RESIDENTIAL HEATING SYSTEMS MARKET BY DISTRIBUTION CHANNEL 2022–2028 ($ MILLION)
TABLE 12 US RESIDENTIAL HEATING SYSTEMS MARKET BY DISTRIBUTION CHANNEL 2022–2028 (THOUSAND UNITS)
TABLE 13 SPACE HEATING INSTALLATION COST IN US IN 2022
TABLE 14 US REGIONS COOLING DEGREE DAYS, 2021
TABLE 15 NEW PRIVATELY‐OWNED HOUSING UNITS UNDER CONSTRUCTION IN WESTERN US IN 2022
TABLE 16 NEW PRIVATELY‐OWNED HOUSING UNITS UNDER CONSTRUCTION IN MIDWEST US IN 2022
TABLE 17 NEW JERSEY HOUSING DEMAND IN 2022
TABLE 18 SAMSUNG: MAJOR PRODUCT OFFERINGS
TABLE 19 SYSTEMAIR: MAJOR PRODUCT OFFERINGS
TABLE 20 JOHNSON CONTROLS: MAJOR PRODUCT OFFERINGS
TABLE 21 ZEHNDER: MAJOR PRODUCT OFFERINGS
TABLE 22 ALDES: MAJOR PRODUCT OFFERINGS
TABLE 23 ROBERT BOSCH: MAJOR PRODUCT OFFERINGS
TABLE 24 DAIKIN: MAJOR PRODUCT OFFERINGS
TABLE 25 MITSUBISHI ELECTRIC: MAJOR PRODUCT OFFERINGS
TABLE 26 RHEEM MANUFACTURING: MAJOR PRODUCT OFFERINGS
TABLE 27 LG: MAJOR PRODUCT OFFERINGS
TABLE 28 PANASONIC: MAJOR PRODUCT OFFERINGS
TABLE 29 CARRIER: MAJOR PRODUCT OFFERINGS
TABLE 30 MIDEA: MAJOR PRODUCT OFFERINGS
TABLE 31 REGAL REXNORD: MAJOR PRODUCT OFFERINGS
TABLE 32 FLAKT GROUP: MAJOR PRODUCT OFFERINGS
TABLE 33 BEIJER REF: MAJOR PRODUCT OFFERINGS
TABLE 34 FLEXIT: MAJOR PRODUCT OFFERINGS
TABLE 35 GRUNDFOS: MAJOR PRODUCT OFFERINGS
TABLE 36 SWEGON: MAJOR PRODUCT OFFERINGS
TABLE 37 VTS: MAJOR PRODUCT OFFERINGS
TABLE 38 NUAIRE: MAJOR PRODUCT OFFERINGS
TABLE 39 NORTEK: MAJOR PRODUCT OFFERINGS
TABLE 40 ALFA LAVAL: MAJOR PRODUCT OFFERINGS
TABLE 41 HITACHI: MAJOR PRODUCT OFFERINGS
TABLE 42 LU-VE GROUPS: MAJOR PRODUCT OFFERINGS
TABLE 43 VENT-AXIA: MAJOR PRODUCT OFFERINGS
TABLE 44 S & P: MAJOR PRODUCT OFFERINGS
TABLE 45 WOLF: MAJOR PRODUCT OFFERINGS
TABLE 46 CIAT: MAJOR PRODUCT OFFERINGS
TABLE 47 AL-KO: MAJOR PRODUCT OFFERINGS
TABLE 48 DYNAIR: MAJOR PRODUCT OFFERINGS
TABLE 49 DANFOSS: MAJOR PRODUCT OFFERINGS
TABLE 50 LENNOX: MAJOR PRODUCT OFFERINGS
TABLE 51 BACKER SPRINGFIELD: MAJOR PRODUCT OFFERINGS
TABLE 52 DUNHAMBUSH: MAJOR PRODUCT OFFERINGS
TABLE 53 TCL ELECTRONICS: MAJOR PRODUCT OFFERINGS
TABLE 54 TROX GROUP: MAJOR PRODUCT OFFERINGS
TABLE 55 INGERSOLL RAND: MAJOR PRODUCT OFFERINGS
TABLE 56 CAMFIL: MAJOR PRODUCT OFFERINGS
TABLE 57 US RESIDENTIAL HEATING SYSTEMS MARKET BY GEOGRAPHY 2022−2028 ($ MILLION)
TABLE 58 US RESIDENTIAL HEATING SYSTEMS MARKET BY GEOGRAPHY 2022−2028 (THOUSAND UNITS)
TABLE 59 US RESIDENTIAL HEATING SYSTEMS MARKET BY EQUIPMENT 2022−2028 ($ MILLION)
TABLE 60 US RESIDENTIAL HEATING SYSTEMS MARKET BY EQUIPMENT 2022−2028 (THOUSAND UNITS)
TABLE 61 US RESIDENTIAL HEATING SYSTEMS MARKET BY END-USER 2022−2028 ($ MILLION)
TABLE 62 US RESIDENTIAL HEATING SYSTEMS MARKET BY END-USER 2022−2028 (THOUSAND UNITS)
TABLE 63 US RESIDENTIAL HEATING SYSTEMS MARKET BY DISTRIBUTION CHANNEL 2022−2028 ($ MILLION)
TABLE 64 US RESIDENTIAL HEATING SYSTEMS MARKET BY DISTRIBUTION CHANNEL 2022−2028 (THOUSAND UNITS)