Will Fan Coils Market carry its growth momentum post COVID-19? Read more to know September 13, 2021
North America Fan Coils Market: Introduction
Transparency Market Research delivers key insights on the North America fan coils
market. In terms of revenue, the North America fan coils market is estimated to
expand at a CAGR of ~3% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the North America fan coils market.
The North America fan coils market is broadly affected by several factors, such as rising production of electronics (air-conditioners), installation of fan coils in various electronics, fan coil units having air space to blow hot or cold air, and extensive availability in various price ranges in North America, which are propelling the North America fan coils market.
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North America Fan Coils Market: Dynamics
In terms of orientation, the fan coils market has been classified into cassette fan coils, horizontal fan coils, vertical fan coils, and wall mounted fan coils. The demand for cassette fan coils is higher in North America. In terms of configuration, the fan coils market has been divided into two pipe and four pipe. Two pipe fan coils are widely used and have the highest market share in North America. In terms of design type, the market has been segmented into regular and compact. Regular fan coils are most commonly demanded.
Based on end user, the fan coils market has been divided into residential, commercial, and industrial. The commercial segment is further sub-divided into office spaces,
hotels, restaurants, hospitals, retail, and others. Commercial fan coils are used in several places such as offices, hotels & restaurants, and shopping complexes, and the commercial segment is the most notable buyer of fan coils.
North America Fan Coils Market: Prominent Countries