LinkedIn Report Predicts Strong Growth for Fan Coil Unit Market
A report on LinkedIn predicts that the Fan Coil Unit (FCU) market will grow from USD 3.5 billion in 2024 to USD 5.2 billion by 2033, with a compound annual growth rate (CAGR) of 5.2%. The growth is driven by several factors, including the advancement of smart technology, which enables better control and energy management. Stricter energy – efficiency standards and emissions regulations are also pushing manufacturers to innovate with eco – friendly refrigerants and sustainable materials. In addition, economic growth in emerging markets is increasing the demand for reliable HVAC solutions like FCUs.
