Market Overview:
The global wall mounted fan coil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient cooling solutions, especially in commercial and industrial applications. Additionally, the growing awareness about the benefits of using wall mounted fan coils is also contributing to the growth of this market. On the basis of type, surface mounted fan coils are expected to account for a larger share of the global wall mounted fan coil market than conceal install fan coils during the forecast period. This can be attributed to their lower installation costs as compared with conceal install fan coils and their ability to provide better air distribution across large spaces.
Product Definition:
A wall-mounted fan coil unit is a type of heating and/or cooling unit that is designed to be mounted on the interior walls of a building. These units can either be used for heating or for cooling, or sometimes both. They are often used in conjunction with other types of HVAC systems, such as central air conditioning or ductless mini-split systems. Wall-mounted fan coils can provide an efficient and cost effective way to heat and cool a building without the need for expensive ductwork.
Surface Mounted:
Surface Mounted Fan Coil Market is expected to grow at a significant rate owing to its benefits such as compact size, low cost and better heat dissipation. The market for surface mounted fan coil is driven by factors such as increasing demand for cooling in data centers along with the need for effective cooling of computer systems. Additionally, the growing use of these devices in residential applications due to their low noise characteristics will drive market growth over the forecast period.
Conceal Install:
Conceal install is a method of installing an HVAC system where the equipment is installed behind the wall and no ducts are run. This method allows for a more seamless and less obtrusive installation, which gives the appearance that the unit has always been there. The technology was developed to allow systems to be installed in places that were previously unreachable due to space constraints or because it was considered too expensive or complicated to run ducts.
Application Insights:
The commercial application segment accounted for the largest share of over 60.0% in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030. Growing demand for air conditioning in offices, retail stores, hospitals, educational institutions and other public buildings on account of high internal temperatures due to hot summer months is expected to drive the product demand in this segment over the forecast period.
The industrial application segment was valued at USD 527 million in 2017 owing to its wide scope including food & beverage processing, chemical plants and metal & mining industries among others where it is used for various purposes such as cooling towers, ventilation ducts and process heating systems among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has resulted in an increasing number of commercial and industrial establishments. This, in turn, is anticipated to drive the demand for cooling equipment for buildings, such as fans and air conditioning units. Moreover, rising disposable income levels are likely to contribute to increased spending on leisure products among consumers from emerging economies including China and India. This trend is projected to have a positive impact on industry growth over the next eight years.
Growth Factors:
- Increasing demand for energy-efficient cooling systems
- Growing popularity of wall-mounted fan coils among consumers
- Rising awareness about the benefits of using wall-mounted fan coils
- Proliferation of smart homes and buildings that are equipped with advanced heating, ventilation, and air conditioning (HVAC) systems
- Technological advancements in the manufacture of wall-mounted fan coils
Scope Of The Report
Report Attributes
Report Details
Report Title
Wall Mounted Fan Coil Market Research Report
By Type
Surface Mounted, Conceal Install
By Application
Commercial, Industrial
By Companies
Carrier, Johnson Controls, Daikin, Trane, IEC, Williams, Zehnder, Airtherm, COIL Company
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Wall Mounted Fan Coil Market Report Segments:
The global Wall Mounted Fan Coil market is segmented on the basis of:
Types
Surface Mounted, Conceal Install
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, 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:
- Carrier
- Johnson Controls
- Daikin
- Trane
- IEC
- Williams
- Zehnder
- Airtherm
- COIL Company
Highlights of The Wall Mounted Fan Coil 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:
- Surface Mounted
- Conceal Install
- By Application:
- 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 Wall Mounted Fan Coil 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?
Wall Mounted Fan Coil is a type of air conditioner that uses a fan to cool the room. The fan is mounted on the wall and blows air into the room.
Some of the key players operating in the wall mounted fan coil market are Carrier, Johnson Controls, Daikin, Trane, IEC, Williams, Zehnder, Airtherm, COIL Company.
The wall mounted fan coil 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 Wall Mounted Fan Coil 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 Wall Mounted Fan Coil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wall Mounted Fan Coil 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 Wall Mounted Fan Coil 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 Wall Mounted Fan Coil Market Size & Forecast, 2018-2028
4.5.1 Wall Mounted Fan Coil Market Size and Y-o-Y Growth
4.5.2 Wall Mounted Fan Coil Market Absolute $ Opportunity
Chapter 5 Global Wall Mounted Fan Coil 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 Wall Mounted Fan Coil Market Size Forecast by Type
5.2.1 Surface Mounted
5.2.2 Conceal Install
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wall Mounted Fan Coil 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 Wall Mounted Fan Coil Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wall Mounted Fan Coil 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 Wall Mounted Fan Coil 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 Wall Mounted Fan Coil Analysis and Forecast
9.1 Introduction
9.2 North America Wall Mounted Fan Coil 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 Wall Mounted Fan Coil Market Size Forecast by Type
9.6.1 Surface Mounted
9.6.2 Conceal Install
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 Wall Mounted Fan Coil Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 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 Wall Mounted Fan Coil Analysis and Forecast
10.1 Introduction
10.2 Europe Wall Mounted Fan Coil 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 Wall Mounted Fan Coil Market Size Forecast by Type
10.6.1 Surface Mounted
10.6.2 Conceal Install
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 Wall Mounted Fan Coil Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 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 Wall Mounted Fan Coil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wall Mounted Fan Coil 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 Wall Mounted Fan Coil Market Size Forecast by Type
11.6.1 Surface Mounted
11.6.2 Conceal Install
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 Wall Mounted Fan Coil Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 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 Wall Mounted Fan Coil Analysis and Forecast
12.1 Introduction
12.2 Latin America Wall Mounted Fan Coil 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 Wall Mounted Fan Coil Market Size Forecast by Type
12.6.1 Surface Mounted
12.6.2 Conceal Install
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 Wall Mounted Fan Coil Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 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) Wall Mounted Fan Coil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wall Mounted Fan Coil 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) Wall Mounted Fan Coil Market Size Forecast by Type
13.6.1 Surface Mounted
13.6.2 Conceal Install
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) Wall Mounted Fan Coil Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 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 Wall Mounted Fan Coil Market: Competitive Dashboard
14.2 Global Wall Mounted Fan Coil 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
