North America Fan Coil Market Analysis and Growth - 2031
North America Fan Coil Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 754.37 Million |
| Market Size by 2031 | US$ 1,139.14 Million |
| Global CAGR (2023 - 2031) | 5.3% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
North America Fan Coil Market News and Recent Developments
The North America fan coil market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the North America fan coil market are listed below:
- Carrier's latest single-stage heat pump launch marks the first heat pumps available to the field that are R-454B compatible well in advance of the 2025 regulatory shift. R-454B, known commercially as Puron Advance, is Carrier's refrigerant of choice for all ducted and ductless residential and light commercial applications. In addition to heat pumps, Carrier has also begun taking orders for R-454B compatible fan coils and evaporator coils.
(Source: Carrier, Press Release, March 2024)
- Daikin Applied announced that it had made a majority investment in Varitec Solutions, a Phoenix-based leader in designing, developing, and installing large-scale, energy-efficient HVAC systems for commercial buildings. Varitec's expertise in supporting engineers, contractors, and building owners with innovative solutions and quick delivery, combined with Daikin's industry leadership, serves customers as a unified source for comprehensive HVAC technology and services.
(Source: Daikin Applied, Press Release, October 2024)
North America Fan Coil Market Report Coverage and Deliverables
The "North America Fan Coil Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:
- North America fan coil market size and forecast at regional and country levels for all the key market segments covered under the scope
- North America fan coil market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- North America fan coil market analysis covering key market trends, regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the North America fan coil market
- Detailed company profiles
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