Global Fan Coils Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Fan Coils Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

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.
According to APO Research, The global Fan Coils market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Fan Coils is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Fan Coils is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Fan Coils is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global manufacturers of Fan Coils include Carrier, Johnson Controls, Gree, Daikin, Trane, IEC, LG Electronics, Panasonic and Williams, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Fan Coils, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Fan Coils.
The Fan Coils market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Fan Coils market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Carrier
Johnson Controls
Gree
Daikin
Trane
IEC
LG Electronics
Panasonic
Williams
Zehnder
Airtherm
Coil Company
Fan Coils segment by Type

Below 1000CFM
1000-2000CFM
Above 2000CFM
Fan Coils segment by Application

Commercial Application
Residential Application
Others
Fan Coils Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Fan Coils market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Fan Coils and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Fan Coils.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Fan Coils manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Fan Coils in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Fan Coils Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Fan Coils Sales Estimates and Forecasts (2019-2030)
1.3 Fan Coils Market by Type
1.3.1 Below 1000CFM
1.3.2 1000-2000CFM
1.3.3 Above 2000CFM
1.4 Global Fan Coils Market Size by Type
1.4.1 Global Fan Coils Market Size Overview by Type (2019-2030)
1.4.2 Global Fan Coils Historic Market Size Review by Type (2019-2024)
1.4.3 Global Fan Coils Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Fan Coils Sales Breakdown by Type (2019-2024)
1.5.2 Europe Fan Coils Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Fan Coils Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Fan Coils Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Fan Coils Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Fan Coils Industry Trends
2.2 Fan Coils Industry Drivers
2.3 Fan Coils Industry Opportunities and Challenges
2.4 Fan Coils Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Fan Coils Revenue (2019-2024)
3.2 Global Top Players by Fan Coils Sales (2019-2024)
3.3 Global Top Players by Fan Coils Price (2019-2024)
3.4 Global Fan Coils Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Fan Coils Key Company Manufacturing Sites & Headquarters
3.6 Global Fan Coils Company, Product Type & Application
3.7 Global Fan Coils Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Fan Coils Market CR5 and HHI
3.8.2 Global Top 5 and 10 Fan Coils Players Market Share by Revenue in 2023
3.8.3 2023 Fan Coils Tier 1, Tier 2, and Tier 3
4 Fan Coils Regional Status and Outlook
4.1 Global Fan Coils Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Fan Coils Historic Market Size by Region
4.2.1 Global Fan Coils Sales in Volume by Region (2019-2024)
4.2.2 Global Fan Coils Sales in Value by Region (2019-2024)
4.2.3 Global Fan Coils Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Fan Coils Forecasted Market Size by Region
4.3.1 Global Fan Coils Sales in Volume by Region (2025-2030)
4.3.2 Global Fan Coils Sales in Value by Region (2025-2030)
4.3.3 Global Fan Coils Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Fan Coils by Application
5.1 Fan Coils Market by Application
5.1.1 Commercial Application
5.1.2 Residential Application
5.1.3 Others
5.2 Global Fan Coils Market Size by Application
5.2.1 Global Fan Coils Market Size Overview by Application (2019-2030)
5.2.2 Global Fan Coils Historic Market Size Review by Application (2019-2024)
5.2.3 Global Fan Coils Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Fan Coils Sales Breakdown by Application (2019-2024)
5.3.2 Europe Fan Coils Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Fan Coils Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Fan Coils Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Fan Coils Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Carrier
6.1.1 Carrier Comapny Information
6.1.2 Carrier Business Overview
6.1.3 Carrier Fan Coils Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Carrier Fan Coils Product Portfolio
6.1.5 Carrier Recent Developments
6.2 Johnson Controls
6.2.1 Johnson Controls Comapny Information
6.2.2 Johnson Controls Business Overview
6.2.3 Johnson Controls Fan Coils Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Johnson Controls Fan Coils Product Portfolio
6.2.5 Johnson Controls Recent Developments
6.3 Gree
6.3.1 Gree Comapny Information
6.3.2 Gree Business Overview
6.3.3 Gree Fan Coils Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Gree Fan Coils Product Portfolio
6.3.5 Gree Recent Developments
6.4 Daikin
6.4.1 Daikin Comapny Information
6.4.2 Daikin Business Overview
6.4.3 Daikin Fan Coils Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Daikin Fan Coils Product Portfolio
6.4.5 Daikin Recent Developments
6.5 Trane
6.5.1 Trane Comapny Information
6.5.2 Trane Business Overview
6.5.3 Trane Fan Coils Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Trane Fan Coils Product Portfolio
6.5.5 Trane Recent Developments
6.6 IEC
6.6.1 IEC Comapny Information
6.6.2 IEC Business Overview
6.6.3 IEC Fan Coils Sales, Revenue and Gross Margin (2019-2024)
6.6.4 IEC Fan Coils Product Portfolio
6.6.5 IEC Recent Developments
6.7 LG Electronics
6.7.1 LG Electronics Comapny Information
6.7.2 LG Electronics Business Overview
6.7.3 LG Electronics Fan Coils Sales, Revenue and Gross Margin (2019-2024)
6.7.4 LG Electronics Fan Coils Product Portfolio
6.7.5 LG Electronics Recent Developments
6.8 Panasonic
6.8.1 Panasonic Comapny Information
6.8.2 Panasonic Business Overview
6.8.3 Panasonic Fan Coils Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Panasonic Fan Coils Product Portfolio
6.8.5 Panasonic Recent Developments
6.9 Williams
6.9.1 Williams Comapny Information
6.9.2 Williams Business Overview
6.9.3 Williams Fan Coils Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Williams Fan Coils Product Portfolio
6.9.5 Williams Recent Developments
6.10 Zehnder
6.10.1 Zehnder Comapny Information
6.10.2 Zehnder Business Overview
6.10.3 Zehnder Fan Coils Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Zehnder Fan Coils Product Portfolio
6.10.5 Zehnder Recent Developments
6.11 Airtherm
6.11.1 Airtherm Comapny Information
6.11.2 Airtherm Business Overview
6.11.3 Airtherm Fan Coils Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Airtherm Fan Coils Product Portfolio
6.11.5 Airtherm Recent Developments
6.12 Coil Company
6.12.1 Coil Company Comapny Information
6.12.2 Coil Company Business Overview
6.12.3 Coil Company Fan Coils Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Coil Company Fan Coils Product Portfolio
6.12.5 Coil Company Recent Developments
7 North America by Country
7.1 North America Fan Coils Sales by Country
7.1.1 North America Fan Coils Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Fan Coils Sales by Country (2019-2024)
7.1.3 North America Fan Coils Sales Forecast by Country (2025-2030)
7.2 North America Fan Coils Market Size by Country
7.2.1 North America Fan Coils Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Fan Coils Market Size by Country (2019-2024)
7.2.3 North America Fan Coils Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Fan Coils Sales by Country
8.1.1 Europe Fan Coils Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Fan Coils Sales by Country (2019-2024)
8.1.3 Europe Fan Coils Sales Forecast by Country (2025-2030)
8.2 Europe Fan Coils Market Size by Country
8.2.1 Europe Fan Coils Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Fan Coils Market Size by Country (2019-2024)
8.2.3 Europe Fan Coils Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Fan Coils Sales by Country
9.1.1 Asia-Pacific Fan Coils Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Fan Coils Sales by Country (2019-2024)
9.1.3 Asia-Pacific Fan Coils Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Fan Coils Market Size by Country
9.2.1 Asia-Pacific Fan Coils Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Fan Coils Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Fan Coils Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Fan Coils Sales by Country
10.1.1 Latin America Fan Coils Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Fan Coils Sales by Country (2019-2024)
10.1.3 Latin America Fan Coils Sales Forecast by Country (2025-2030)
10.2 Latin America Fan Coils Market Size by Country
10.2.1 Latin America Fan Coils Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Fan Coils Market Size by Country (2019-2024)
10.2.3 Latin America Fan Coils Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Fan Coils Sales by Country
11.1.1 Middle East and Africa Fan Coils Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Fan Coils Sales by Country (2019-2024)
11.1.3 Middle East and Africa Fan Coils Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Fan Coils Market Size by Country
11.2.1 Middle East and Africa Fan Coils Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Fan Coils Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Fan Coils Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Fan Coils Value Chain Analysis
12.1.1 Fan Coils Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Fan Coils Production Mode & Process
12.2 Fan Coils Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Fan Coils Distributors
12.2.3 Fan Coils Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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