Market Overview:
The global blower coils market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient HVAC systems, rising awareness about energy conservation, and growing construction and infrastructure activities across the globe. The global blower coils market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into vertical blower coils and horizontal blower coils. On the basis of application, it is divided into commercial applications and industrial applications. Geographically, it has been analyzed across North America (U.S., Canada), Latin America (Mexico), Europe (Germany), Asia Pacific (China India Japan) Middle East & Africa(South Africa).
Product Definition:
A blower coil is a type of heating and cooling coil that uses fans to move air across the coils. This allows the air to be heated or cooled more quickly than it would be if it were just sitting still. Blower coils are often used in HVAC systems, where they can help to heat or cool a space more quickly.
Vertical:
Vertical farming is a technique of producing food in a vertically stacked layer such as layers of greenhouses or grow rooms, using techniques and technologies similar to those used for growing crops in fields. Vertical farming systems can be used for the cultivation of vegetables, fruits, herbs and flowers indoors on a small scale or on an industrial scale depending upon the requirements.
Horizontal:
Horizontal is the largest and most commonly used type of ventilation fan. It has many applications in different areas such as industrial, commercial, household and other sectors. Horizontal ventilators are available in two basic types which are fixed or stationary and portable or handheld.
Application Insights:
The industrial application segment dominated the global blower coils market in 2017, accounting for over 60.0% share of the total revenue. The segment is expected to witness significant growth on account of increasing demand from various end-use industries including food and beverage, chemical, paper and pulp, mining and minerals processing as well as oil refining. In addition, growing demand for clean room technology is also anticipated to propel industry expansion over the forecast period.
The commercial application segment accounted for a considerable share in 2017 due to rising construction activities across developing countries such as India China Indonesia Malaysia Philippines Thailand Vietnam etcetera which are likely to provide lucrative opportunities for manufacturers operating within these regions over the forecast period. In addition, rapid urbanization coupled with strong economic development has resulted in an increased need for air circulation systems especially within commercial buildings which is expected to further fuel industry expansion during the study period.
Regional Analysis:
Asia Pacific dominated the global blower coils market in 2017 and is expected to continue its dominance over the forecast period. The presence of key manufacturers such as Siemens; Alstom; General Electric; Toshiba, etc. has resulted in high product availability across this region. Moreover, increasing demand for energy-efficient products coupled with growing industrialization across countries such as China and India are some of the major factors driving growth across this region.
Europe was estimated to be valued at USD X million in 2017 owing to rising product demand from several end-use industries including commercial buildings, HVAC & refrigeration industry among others which are anticipated to drive growth over next eight years till 2030 timeframe is reached.
Growth Factors:
- Increasing demand for energy-efficient HVAC systems: The global blower coils market is expected to grow at a CAGR of 5.5% from 2017 to 2025, owing to the increasing demand for energy-efficient heating, ventilation, and air conditioning (HVAC) systems across the world.
- Rising disposable income of consumers: The growth of the global blower coils market is also driven by the rising disposable income of consumers in developing countries such as China and India. This has led to an increase in the demand for premium HVAC products and services, which in turn is fueling the growth of the blower coils market.
- Technological advancements: The development of new technologies that improve thermal efficiency and reduce power consumption is also driving the growth of this market. For instance, variable refrigerant flow (VRF) technology helps save up to 30% on cooling costs as compared with traditional ACs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Blower Coils Market Research Report
By Type
Vertical, Horizontal
By Application
Commercial Application, Industrial Application
By Companies
Carrier, Johnson Controls, Daikin, Trane, IEC, Williams, Zehnder, Airtherm, Coil Company, Panasonic, Carrier
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Blower Coils Market Report Segments:
The global Blower Coils market is segmented on the basis of:
Types
Vertical, Horizontal
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Application, Industrial Application
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Carrier
- Johnson Controls
- Daikin
- Trane
- IEC
- Williams
- Zehnder
- Airtherm
- Coil Company
- Panasonic
- Carrier
Highlights of The Blower Coils Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vertical
- Horizontal
- By Application:
- Commercial Application
- Industrial Application
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Blower Coils Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Blower coils are a type of heating and cooling equipment used to circulate air in buildings. They work by using a fan to create wind, which then cools or heats the air as it passes through the coil.
Some of the major players in the blower coils market are Carrier, Johnson Controls, Daikin, Trane, IEC, Williams, Zehnder, Airtherm, Coil Company, Panasonic, Carrier.
The blower coils market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Blower Coils Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Blower Coils Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Blower Coils Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Blower Coils Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Blower Coils Market Size & Forecast, 2020-2028
4.5.1 Blower Coils Market Size and Y-o-Y Growth
4.5.2 Blower Coils Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Vertical
5.2.2 Horizontal
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Application
6.2.2 Industrial Application
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Blower Coils Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Blower Coils Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Vertical
9.6.2 Horizontal
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Application
9.10.2 Industrial Application
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Vertical
10.6.2 Horizontal
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Application
10.10.2 Industrial Application
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Vertical
11.6.2 Horizontal
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Application
11.10.2 Industrial Application
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Vertical
12.6.2 Horizontal
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Application
12.10.2 Industrial Application
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Vertical
13.6.2 Horizontal
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Application
13.10.2 Industrial Application
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Blower Coils Market: Competitive Dashboard
14.2 Global Blower Coils Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Carrier
14.3.2 Johnson Controls
14.3.3 Daikin
14.3.4 Trane
14.3.5 IEC
14.3.6 Williams
14.3.7 Zehnder
14.3.8 Airtherm
14.3.9 Coil Company
14.3.10 Panasonic
14.3.11 Carrier
