| Product Code: ETC9965684 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the United States continued to see significant imports of fan coils, with top exporting countries being Mexico, China, Canada, South Korea, and Thailand. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a healthy compound annual growth rate (CAGR) of 6.58% from 2020 to 2024, there was a slight decline in growth from 2023 to 2024 at -13.86%. These trends suggest a competitive landscape for fan coil imports into the US, with opportunities for market players to adapt to shifting dynamics.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) Fan Coils Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Fan Coils Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Fan Coils Market - Industry Life Cycle |
3.4 United States (US) Fan Coils Market - Porter's Five Forces |
3.5 United States (US) Fan Coils Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United States (US) Fan Coils Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 United States (US) Fan Coils Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient HVAC systems |
4.2.2 Growing construction activities in the residential and commercial sectors |
4.2.3 Technological advancements leading to improved fan coil performance |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting manufacturing costs |
4.3.2 Stringent regulations related to energy efficiency and environmental impact |
4.3.3 Competition from alternative HVAC systems such as VRF systems |
5 United States (US) Fan Coils Market Trends |
6 United States (US) Fan Coils Market, By Types |
6.1 United States (US) Fan Coils Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Fan Coils Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 United States (US) Fan Coils Market Revenues & Volume, By Regular, 2021- 2031F |
6.1.4 United States (US) Fan Coils Market Revenues & Volume, By Compact, 2021- 2031F |
6.2 United States (US) Fan Coils Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Fan Coils Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 United States (US) Fan Coils Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 United States (US) Fan Coils Market Revenues & Volume, By Office Spaces, 2021- 2031F |
6.2.5 United States (US) Fan Coils Market Revenues & Volume, By Others, 2021- 2031F |
7 United States (US) Fan Coils Market Import-Export Trade Statistics |
7.1 United States (US) Fan Coils Market Export to Major Countries |
7.2 United States (US) Fan Coils Market Imports from Major Countries |
8 United States (US) Fan Coils Market Key Performance Indicators |
8.1 Energy efficiency ratings of fan coil units |
8.2 Adoption rate of smart fan coil systems |
8.3 Number of new construction projects incorporating fan coil systems |
9 United States (US) Fan Coils Market - Opportunity Assessment |
9.1 United States (US) Fan Coils Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United States (US) Fan Coils Market Opportunity Assessment, By End User, 2021 & 2031F |
10 United States (US) Fan Coils Market - Competitive Landscape |
10.1 United States (US) Fan Coils Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Fan Coils Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |