Fan Coils Market

A Fan Coil is a simple device consisting of a heating and or cooling heat exchanger or 'coil' and fan. It is part of an HVAC system found in residential, commercial, and industrial buildings. A fan coil unit is a diverse device sometimes using ductwork, and is used to control the temperature in the space where it is installed, or serve multiple spaces. It is controlled either by a manual on/off switch or by thermostat, this in turn controls the throughput of water to the heat exchanger using a control valve and/or the fan speed.

Fan Coils Market contains market size and forecasts of Fan Coils in global, including the following market information:

Global Fan Coils Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Fan Coils Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Fan Coils companies in 2021 (%)

The global Fan Coils market was valued at 2667 million in 2021 and is projected to reach US$ 3514.2 million by 2028, at a CAGR of 4.0% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Below 1000CFM Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Fan Coils include Carrier, Johnson Controls, Gree, Daikin, Trane, IEC, LG Electronics, Panasonic and Williams, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Fan Coils manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Fan Coils Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Fan Coils Market Segment Percentages, by Type, 2021 (%)

Below 1000CFM

1000-2000CFM

Above 2000CFM

Global Fan Coils Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Fan Coils Market Segment Percentages, by Application, 2021 (%)

Commercial Application

Residential Application

Others

Global Fan Coils Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Fan Coils Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Fan Coils revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Fan Coils revenues share in global market, 2021 (%)

Key companies Fan Coils sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Fan Coils sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Carrier

Johnson Controls

Gree

Daikin

Trane

IEC

LG Electronics

Panasonic

Williams

Zehnder

Airtherm

Coil Company