Market Overview:
The global fluid 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 heating and cooling systems in residential, commercial, and industrial applications. Tubed fluid coils are expected to dominate the market during the forecast period owing to their high efficiency and low cost of installation. Finned fluid coils are also gaining popularity due to their ability to dissipate heat quickly, which helps reduce energy consumption. North America is expected to lead the global fluid coils market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Fluid coils are tubes that use fluid to transfer heat between two objects. The fluid can be a liquid or a gas. The coils are used in many different applications, such as air conditioners, refrigerators, and cars.
Tubed Fluid Coils:
Tubed fluid coils are used in various applications such as centrifuges, heat exchangers, and pumps. It is also used in the manufacturing of semiconductor devices. The tubular member is made up of metal or plastic and it acts as a channel for the flow of fluids.
Finned Fluid Coils:
Finned fluid coils are used in fluid coils market. Finned Fluid Coils are made up of copper and aluminum and they help in increasing the heat transfer rate from fluids which is used for heating or cooling purposes. These coiled tubing systems find their applications across various industries such as chemical, petrochemical, power generation, food & beverage processing among others.
Application Insights:
The industrial segment led the global market and accounted for more than 54.0% share of the overall revenue in 2017. The segment growth can be attributed to increasing demand for heat transfer fluids from various industries including power generation, petrochemicals, and pharmaceuticals among others. In addition, rising demand for heat transfer liquids in various industries such as oil & gas, chemical processing is expected to drive the product demand over the forecast period.
The residential sector is expected to witness significant growth over the forecast period owing to growing urbanization coupled with a rise in disposable income levels across developing countries including India and China. Furthermore, favorable government policies promoting home ownership along with easy access to loans will further propel industry expansion over the next eight years or so (2030).
Regional Analysis:
North America accounted for the largest revenue share in 2017 owing to the presence of major manufacturers such as Honeywell, Emerson Electric Co., and Johnson Controls. The region is expected to maintain its dominance over the forecast period due to increasing demand from end-use industries such as HVAC & refrigeration and industrial applications.
The Asia Pacific market is anticipated to witness significant growth over the forecast period owing to rising product demand from residential, commercial, and industrial sectors in developing countries including China, India, Thailand among others. Increasing government initiatives for infrastructure development are also expected drive industry growth over next eight years.
Growth Factors:
- Increasing demand from the end-user industries for heat exchangers and coils
- Growing popularity of miniaturized heat exchangers and coils
- Rising demand for energy-efficient heating and cooling systems
- Proliferation of smart buildings that require advanced heating, ventilation, and air conditioning (HVAC) systems
- Technological advancements in the design and manufacturing of Fluid Coils
Scope Of The Report
Report Attributes
Report Details
Report Title
Fluid Coils Market Research Report
By Type
Tubed Fluid Coils, Finned Fluid Coils
By Application
Residential, Commercial, Industrial
By Companies
Coilmaster, Modine Manufacturing, EVAPCO Alcoil, Industrial Heat Transfer (IHI), Advanced Coil, RAE Group, Madok, Aerofin, Windsor, Evap-Tech MTC inc., Coilmaster, Marlo Coil, Modine, Capital Coil & Air, SRC
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Fluid Coils Market Report Segments:
The global Fluid Coils market is segmented on the basis of:
Types
Tubed Fluid Coils, Finned Fluid Coils
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
Residential, Commercial, Industrial
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:
- Coilmaster
- Modine Manufacturing
- EVAPCO Alcoil
- Industrial Heat Transfer (IHI)
- Advanced Coil
- RAE Group
- Madok
- Aerofin
- Windsor
- Evap-Tech MTC inc.
- Coilmaster
- Marlo Coil
- Modine
- Capital Coil & Air
- SRC
Highlights of The Fluid 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:
- Tubed Fluid Coils
- Finned Fluid Coils
- By Application:
- Residential
- Commercial
- Industrial
- 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 Fluid 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?
Fluid coils are a type of heating and cooling technology that uses a series of tubes to circulate water or other fluid. The coils work by transferring heat from the hot fluid to the cold fluid, which then causes the temperature inside the coil to drop. This process is repeated until the desired temperature is reached.
Some of the major companies in the fluid coils market are Coilmaster, Modine Manufacturing, EVAPCO Alcoil, Industrial Heat Transfer (IHI), Advanced Coil, RAE Group, Madok, Aerofin, Windsor, Evap-Tech MTC inc., Coilmaster, Marlo Coil, Modine, Capital Coil & Air, SRC.
The fluid coils market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fluid 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 Fluid Coils Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fluid 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 Fluid 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 Fluid Coils Market Size & Forecast, 2018-2028
4.5.1 Fluid Coils Market Size and Y-o-Y Growth
4.5.2 Fluid Coils Market Absolute $ Opportunity
Chapter 5 Global Fluid Coils 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 Fluid Coils Market Size Forecast by Type
5.2.1 Tubed Fluid Coils
5.2.2 Finned Fluid Coils
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fluid Coils 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 Fluid Coils Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fluid 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 Fluid 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 Fluid Coils Analysis and Forecast
9.1 Introduction
9.2 North America Fluid Coils 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 Fluid Coils Market Size Forecast by Type
9.6.1 Tubed Fluid Coils
9.6.2 Finned Fluid Coils
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 Fluid Coils Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
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 Fluid Coils Analysis and Forecast
10.1 Introduction
10.2 Europe Fluid Coils 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 Fluid Coils Market Size Forecast by Type
10.6.1 Tubed Fluid Coils
10.6.2 Finned Fluid Coils
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 Fluid Coils Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
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 Fluid Coils Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fluid Coils 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 Fluid Coils Market Size Forecast by Type
11.6.1 Tubed Fluid Coils
11.6.2 Finned Fluid Coils
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 Fluid Coils Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
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 Fluid Coils Analysis and Forecast
12.1 Introduction
12.2 Latin America Fluid Coils 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 Fluid Coils Market Size Forecast by Type
12.6.1 Tubed Fluid Coils
12.6.2 Finned Fluid Coils
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 Fluid Coils Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
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) Fluid Coils Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fluid Coils 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) Fluid Coils Market Size Forecast by Type
13.6.1 Tubed Fluid Coils
13.6.2 Finned Fluid Coils
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) Fluid Coils Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
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 Fluid Coils Market: Competitive Dashboard
14.2 Global Fluid Coils Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Coilmaster
14.3.2 Modine Manufacturing
14.3.3 EVAPCO Alcoil
14.3.4 Industrial Heat Transfer (IHI)
14.3.5 Advanced Coil
14.3.6 RAE Group
14.3.7 Madok
14.3.8 Aerofin
14.3.9 Windsor
14.3.10 Evap-Tech MTC inc.
14.3.11 Coilmaster
14.3.12 Marlo Coil
14.3.13 Modine
14.3.14 Capital Coil & Air
14.3.15 SRC
