Wall mounted Fan Coil Market

The wall fan coil is mounted horizontally on the wall, which is the location closest to the ceiling or under the ceiling horizontally. This fan coil is quite clear, and not only the valve but also the building itself, which protrudes from the wall, are visible. 

They may be confused with air conditioners or split systems due to their placement. The wall fan coil is one of the fan coils in an air conditioning system. As its name implies, the fan coil is made up of coils and fans, which, along with pumps and pipes, are responsible for ventilation and temperature control.

North America is expected to lead the global wall-mounted fan coil market in 2018 with an **% share. The widespread use of air conditioning and cooling systems in homes and businesses primarily fuels this region. Furthermore, factors such as increased spending on green energy projects are helping to drive growth in this region.

With a CAGR of **% over the next five years, the Europe region is expected to grow significantly. This expansion can be attributed to an increase in urbanization trends across this region, which has resulted in an increase in demand for air conditioning and cooling systems. Furthermore, government initiatives such as Germany's Energy Savings Performance Contracts (ESPCs) are expected to drive increased demand for wall-mounted fan coils in this region.

With a share of **% by 2018, Asia Pacific is expected to account for a sizable share of the global wall-mounted fan coil market. Companies' increased investments in product development and expansion benefit this segment.

Bosch, Eaton Corporation, Emerson Electric, Fujitsu Limited, Haier Group, Honeywell International Inc., Ingersoll Rand Corporation, Mitsubishi Electric Corporation, NTNU Electron service AS, and Panasonic Corporation are the key players in the global wall-mounted fan coil market.