Global Fan coils Market 2022 Size, Growth Analysis Report, Forecast to 2028

The global fan coils market is expected to grow at a CAGR of 6.0% during the forecast period (2022-2028). Ceiling void fan coils are optimal for new developments and are easy to conceal. Whereas, wall mounted fan coils are the perfect solutions for low ceilings in housing and buildings. Carrier has developed a new fan coil which is designed to maximise the living space in a facility. It is used in high rise residential buildings. This fan coil is thin and is 150 mm high. Product is known as Idrofan 42EP. It can be installed in buildings that have a low ceiling void. This leads to low space capture and makes builders to make rental and property values to go up.

Some major players in the market include Carrier Corp., Daikin Corp., and Johnson Controls, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in March 2022, CEA industries Inc. received a contract for $2.1 million for a facility in Maryland. Under the project, the company will provide to the facility air handlers, fan coils, dehumidifiers and humidifiers. The company performed the mechanical, electrical, and plumbing (MEP) engineering services for this 37,000 square feet of cultivation space. Project includes HVACD equipment for the veg, flower, mother, clone, and dry cure rooms, as well as comfort cooling in the office spaces.

Competitive Landscape-

Carrier Corp., Daikin Corp., and Johnson Controls, Inc., among others.

By Type

Central Station Air Handling Unit Coils

Blower Coils

Room Fan Coils

Others

By Application

Commercial

Industrial

Others

Scope of the Report
The research study analyzes the Global Fan coils industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Global Fan coils Market Report
1. What was the Global Fan coils Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Global Fan coils Market during the forecast period (2022-2028)?
   3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
   4. Which manufacturer/vendor/players in the Global Fan coils Market was the market leader in 2021?
   5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:

• Proliferation and maturation of trade in the Global Fan coils market.
• The market share of the Global Fan coils market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Global Fan coils market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Fan coils market.