Global Chilled Beam System Market

Global Chilled Beam System Market Size, Trends, and Analysis- Forecasts To 2026 By Design (Active Chilled Beam, Passive Chilled Beam, Multi-service Chilled Beam), By Business (New Construction, Renovation), By Application (Commercial Offices, Educational Institutions, Healthcare Facilities, Hotels, Others), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis

Category Electronics, Semiconductors and Information & Communication Technology

Format

This report was recently updated on October 23 2024 with the latest and most recent market numbers

Chilled Beam System Market: Insights

The rising demand for energy-efficient HVAC systems to heat and cool huge buildings is driving this overall market expansion. Market growth would be aided by the availability of prefabricated units that allow for quick installation and service connections at lower prices. Because of their low power consumption, silent operation, and excellent indoor air quality, chilled beam systems have significant demand in hospital patient rooms, science laboratories, and offices. A market booster would be high spending power, shifting climatic conditions, and HVAC systems being an important part of the residential, commercial, and industrial sectors to ensure stable and sustainable living conditions.

The growing necessity for energy saving in a variety of household applications is significantly boosting the global market for chilled beam systems. Nevertheless, the complicated architecture of the exchange among both temperature and latent load to minimize condensation over the beams could restrict the use of such systems in the future, severely impacting the worldwide market. Nevertheless, growing knowledge of the advantages that these systems provide, including reduced noise levels and improved indoor air quality, would help the market to grow steadily in the future.

The major applications of chilled beam technology are rapidly expanding; however, a lack of market knowledge and higher ownership costs associated with chilled beam installation is preventing these technologies from being widely adopted. When compared to all air systems, chilled beam systems have higher initial costs. Furthermore, the higher costs are due to a variety of factors, including maintenance, installation, and separate condensation handling in chilled beams.

global chilled beam system market

Chilled Beam System Market: By Design

Depending on the design the market is categorized as an active chilled beam, passive chilled beam, multi-service chilled beam. Throughout the forecast period, the active chilled beam category is anticipated to lead the chilled beam system market. A vital air supply is used in an active chilled beam, allowing primary air to flow via nozzles and cause air from the space to climb up through the cooling coil. Through retaining a trade-off between temperature and latent load, this induction mechanism enables an active chilled beam to have a higher cooling potential than a passive chilled beam while still preventing condensation. As a result, active chilled beams are being more extensive use in a wide spectrum of applications.

Chilled Beam System Market: By Business

Depending on the business the market is categorized as new construction and renovation. The renovation segment is foreseen to predominate. Since reducing energy usage in the building is one of the key concerns globally, the building industry is rapidly implementing retrofitting practices with the new technology, and hence the renovation segment in the chilled beam system market is expected to expand at a rapid rate. Due to increased awareness and legislation on building energy conservation, the segment is expected to grow rapidly in the forthcoming years.

Chilled Beam System Market: By Application

Depending on the application, the market is categorized as commercial offices, educational institutions, healthcare facilities, hotels, others. The hotel segment is foreseen to predominate. Chilled beam systems are becoming more adaptable in the leisure and hotel industries. The hotel industry has a large demand share due to the necessity of using HVAC systems as well as the desire to preserve aesthetics. Fan coils are still a popular option among hotel designers, but they come with their own set of design issues. Since fan coils are mounted within the room, it produces a dark environment that is not very pleasant. As a result, designers are quickly shifting to alternatives that have both high-performance cooling and decent indoor comfort. Furthermore, rising regulations aimed at reaching lower energy targets in commercial buildings are projected to drive chilled beams market growth over the forecast period.

asia pacific chilled beam system market

Chilled Beam System Market: By Region

As per the geographical analysis, the market can be classified into North America (the United States, Canada, and Mexico), Asia Pacific (India, China, Japan, Malaysia, Singapore, and Rest of Asia Pacific), Europe (Germany, United Kingdom, Italy, France, Spain, Netherlands, and Rest of Europe), Middle East & Africa (Saudi Arabia, United Arab Emirates, and Rest of the Middle East & Africa) and Central & South America (Brazil, Argentina, and Rest of Central and South America). The market for chilled beam systems in North America is foreseen to predominate and be fueled by rising commercial floor space (both current and new additions) and the need for energy-efficient appliances. The chilled beam market in North America is expanding, and many businesses in the area are gradually turning to chilled beam technology to replace conventional systems like variable air volume systems and fan coil units. Chilled beam systems are ideal for use in research laboratories, airports, hotels, retail, health centers, data centers, and residential due to their various features.

During the forecast period, the chilled beam system market in APAC is expected to expand at the fastest pace. In the Asia Pacific chilled beams market, China has majority ownership. A significant portion can be attributed to the involvement of numerous manufacturing firms in the region, as well as increased awareness of energy efficiency. East China is now the biggest chiller market, trailed by North and South China. Another aspect behind product demand in the Asia Pacific is an increase in building and construction activities. India, as a developing market, is projected to experience rapid demand growth in the near future as the country's urbanization and commercial construction expand.

Chilled Beam System Market: Share & Competitor Analysis

Key players operating in the global chilled beam system market include Climate Technologies, FläktGroup Holding GmbH, FTF Group, Halton Group, Swegon Group AB, TROX GmbH, Johnson Controls International plc., Kiefer Klimatechnik GmbH, EB Air Control Inc., Twa Panel Systems, Inc., NuClimate Air Quality Systems, Inc., and Grada International.

Please note: This is not an exhaustive list of companies profiled in the report.

Chapter 1 Methodology

1.1 Market Scope & Definitions

1.2 Estimates & Forecast Calculation

1.3 Historical Data Overview And Validation

1.4 Data Designs

1.4.1 Secondary

1.4.2 Primary

Chapter 2 Report Outlook

2.1 Global Chilled Beam System Industry Overview, 2019-2026

2.1.1 Industry Overview

2.1.2 Design Overview

2.1.3 Business Overview

2.1.4 Application Overview

2.1.5 Regional Overview

Chapter 3 Global Chilled Beam System Market Trends

3.1 Market Segmentation

3.2 Industry Background, 2019-2026

3.3 Market Key Trends

3.3.1 Positive Trends

3.3.1.1 Increasing Need for Energy Savings

3.3.1.2 Increasing Demand for A Reduction in The Building Lifecycle Cost

3.3.2 Industry Challenges

3.3.2.1 High Initial Cost

3.4 Prospective Growth Scenario

3.4.1 Design Growth Scenario

3.4.2 Business Growth Scenario

3.4.3 Application Growth Scenario

3.5 COVID-19 Influence over Industry Growth

3.6 Porter’s Analysis

3.7 PESTEL Analysis

3.8 Value Chain & Supply Chain Analysis

3.9 Regulatory Framework

3.9.1 North America

3.9.2 Europe

3.9.3 APAC

3.9.4 LATAM

3.9.5 MEA

3.10 Technology Overview

3.11 Market Share Analysis, 2020

3.11.1 Company Positioning Overview, 2020

Chapter 4 Global Chilled Beam System Market, By Design

4.1 Design Outlook

4.2 Active Chilled Beam

4.2.1 Market Size, By Region, 2019-2026 (USD Million)

4.3 Passive Chilled Beam

4.3.1 Market Size, By Region, 2019-2026 (USD Million)

4.4 Multi-service Chilled Beam

4.4.1 Market Size, By Region, 2019-2026 (USD Million)

Chapter 5 Global Chilled Beam System Market, By Business

5.1 Business Outlook

5.2 New Construction

5.2.1 Market Size, By Region, 2019-2026 (USD Million)

5.3 Renovation

5.3.1 Market Size, By Region, 2019-2026 (USD Million)

Chapter 6 Global Chilled Beam System Market, By Application

6.1 Application Outlook

6.2 Commercial Offices

6.2.1 Market Size, By Region, 2019-2026 (USD Million)

6.3 Educational Institutions

6.3.1 Market Size, By Region, 2019-2026 (USD Million)

6.4 Healthcare Facilities

6.4.1 Market Size, By Region, 2019-2026 (USD Million)

6.5 Hotels

6.5.1 Market Size, By Region, 2019-2026 (USD Million)

6.6 Others

6.6.1 Market Size, By Region, 2019-2026 (USD Million)

Chapter 7 Global Quantum Dot Display Market, By Region

7.1 Regional outlook

7.2 North America

7.2.1 Market Size, By Country, 2019-2026 (USD Million)

7.2.2 Market Size, By Design, 2019-2026 (USD Million)

7.2.3 Market Size, By Business, 2019-2026 (USD Million)

7.2.4 Market Size, By Application, 2019-2026 (USD Million)

7.2.5 U.S.

7.2.5.1 Market Size, By Design, 2019-2026 (USD Million)

7.2.5.2 Market Size, By Business, 2019-2026 (USD Million)

7.2.5.3 Market Size, By Application, 2019-2026 (USD Million)

7.2.6 Canada

7.2.6.1 Market Size, By Design, 2019-2026 (USD Million)

7.2.6.2 Market Size, By Business, 2019-2026 (USD Million)

7.2.6.3 Market Size, By Application, 2019-2026 (USD Million)

7.3 Europe

7.3.1 Market Size, By Country, 2019-2026 (USD Million)

7.3.2 Market Size, By Design, 2019-2026 (USD Million)

7.3.3 Market Size, By Business, 2019-2026 (USD Million)

7.3.4 Market Size, By Application, 2019-2026 (USD Million)

7.3.5 Germany

7.3.5.1 Market Size, By Design, 2019-2026 (USD Million)

7.3.5.2 Market Size, By Business, 2019-2026 (USD Million)

7.3.5.3 Market Size, By Application, 2019-2026 (USD Million)

7.3.6 UK

7.3.6.1 Market Size, By Design, 2019-2026 (USD Million)

7.3.6.2 Market Size, By Business, 2019-2026 (USD Million)

7.3.6.3 Market Size, By Application, 2019-2026 (USD Million)

7.3.7 France

7.3.7.1 Market Size, By Design, 2019-2026 (USD Million)

7.3.7.2 Market Size, By Business, 2019-2026 (USD Million)

7.3.7.3 Market Size, By Application, 2019-2026 (USD Million)

7.3.8 Italy

7.3.8.1 Market Size, By Design, 2019-2026 (USD Million)

7.3.8.2 Market Size, By Business, 2019-2026 (USD Million)

7.3.8.3 Market Size, By Application, 2019-2026 (USD Million)

7.3.9 Spain

7.3.9.1 Market Size, By Design, 2019-2026 (USD Million)

7.3.9.2 Market Size, By Business, 2019-2026 (USD Million)

7.3.9.3 Market Size, By Application, 2019-2026 (USD Million)

7.3.10 Russia

7.3.10.1 Market Size, By Design, 2019-2026 (USD Million)

7.3.10.2 Market Size, By Business, 2019-2026 (USD Million)

7.3.10.3 Market Size, By Application, 2019-2026 (USD Million)

7.4 Asia Pacific

7.4.1 Market Size, By Country, 2019-2026 (USD Million)

7.4.2 Market Size, By Design, 2019-2026 (USD Million)

7.4.3 Market Size, By Business, 2019-2026 (USD Million)

7.4.4 Market Size, By Application, 2019-2026 (USD Million)

7.4.5 China

7.4.5.1 Market Size, By Design, 2019-2026 (USD Million)

7.4.5.2 Market Size, By Business, 2019-2026 (USD Million)

7.4.5.3 Market Size, By Application, 2019-2026 (USD Million)

7.4.6 India

7.4.6.1 Market Size, By Design, 2019-2026 (USD Million)

7.4.6.2 Market Size, By Business, 2019-2026 (USD Million)

7.4.6.3 Market Size, By Application, 2019-2026 (USD Million)

7.4.7 Japan

7.4.7.1 Market Size, By Design, 2019-2026 (USD Million)

7.4.7.2 Market Size, By Business, 2019-2026 (USD Million)

7.4.7.3 Market Size, By Application, 2019-2026 (USD Million)

7.4.8 Australia

7.4.8.1 Market Size, By Design, 2019-2026 (USD Million)

7.4.8.2 Market size, By Business, 2019-2026 (USD Million)

7.4.8.3 Market Size, By Application, 2019-2026 (USD Million)

7.4.9 South Korea

7.4.9.1 Market Size, By Design, 2019-2026 (USD Million)

7.4.9.2 Market Size, By Business, 2019-2026 (USD Million)

7.4.9.3 Market Size, By Application, 2019-2026 (USD Million)

7.5 Latin America

7.5.1 Market Size, By Country, 2019-2026 (USD Million)

7.5.2 Market Size, By Design, 2019-2026 (USD Million)

7.5.3 Market Size, By Business, 2019-2026 (USD Million)

7.5.4 Market Size, By Application, 2019-2026 (USD Million)

7.5.5 Brazil

7.5.5.1 Market Size, By Design, 2019-2026 (USD Million)

7.5.5.2 Market Size, By Business, 2019-2026 (USD Million)

7.5.5.3 Market Size, By Application, 2019-2026 (USD Million)

7.5.6 Mexico

7.5.6.1 Market Size, By Design, 2019-2026 (USD Million)

7.5.6.2 Market Size, By Business, 2019-2026 (USD Million)

7.5.6.3 Market Size, By Application, 2019-2026 (USD Million)

7.5.7 Argentina

7.5.7.1 Market Size, By Design, 2019-2026 (USD Million)

7.5.7.2 Market Size, By Business, 2019-2026 (USD Million)

7.5.7.3 Market Size, By Application, 2019-2026 (USD Million)

7.6 MEA

7.6.1 Market Size, By Country, 2019-2026 (USD Million)

7.6.2 Market Size, By Design, 2019-2026 (USD Million)

7.6.3 Market Size, By Business, 2019-2026 (USD Million)

7.6.4 Market Size, By Application, 2019-2026 (USD Million)

7.6.5 Saudi Arabia

7.6.5.1 Market Size, By Design, 2019-2026 (USD Million)

7.6.5.2 Market Size, By Business, 2019-2026 (USD Million)

7.6.5.3 Market Size, By Application, 2019-2026 (USD Million)

7.6.6 UAE

7.6.6.1 Market Size, By Design, 2019-2026 (USD Million)

7.6.6.2 Market Size, By Business, 2019-2026 (USD Million)

7.6.6.3 Market Size, By Application, 2019-2026 (USD Million)

7.6.7 South Africa

7.6.7.1 Market Size, By Design, 2019-2026 (USD Million)

7.6.7.2 Market Size, By Business, 2019-2026 (USD Million)

7.6.7.3 Market Size, By Application, 2019-2026 (USD Million)

Chapter 8 Company Landscape

8.1 Competitive Analysis, 2020

8.2 Climate Technologies

8.2.1 Company Overview

8.2.2 Financial Analysis

8.2.3 Strategic Positioning

8.2.4 Info Graphic Analysis

8.3 FläktGroup Holding GmbH

8.3.1 Company Overview

8.3.2 Financial Analysis

8.3.3 Strategic Positioning

8.3.4 Info Graphic Analysis

8.4 FTF Group

8.4.1 Company Overview

8.4.2 Financial Analysis

8.4.3 Strategic Positioning

8.4.4 Info Graphic Analysis

8.5 Halton Group

8.5.1 Company Overview

8.5.2 Financial Analysis

8.5.3 Strategic Positioning

8.5.4 Info Graphic Analysis

8.6 Swegon Group AB

8.6.1 Company Overview

8.6.2 Financial Analysis

8.6.3 Strategic Positioning

8.6.4 Info Graphic Analysis

8.7 TROX GmbH

8.7.1 Company Overview

8.7.2 Financial Analysis

8.7.3 Strategic Positioning

8.7.4 Info Graphic Analysis

8.8 Johnson Controls International plc.

8.8.1 Company Overview

8.8.2 Financial Analysis

8.8.3 Strategic Positioning

8.8.4 Info Graphic Analysis

8.9 Kiefer Klimatechnik GmbH

8.9.1 Company Overview

8.9.2 Financial Analysis

8.9.3 Strategic Positioning

8.9.4 Info Graphic Analysis

8.10 EB Air Control Inc.

8.10.1 Company Overview

8.10.2 Financial Analysis

8.10.3 Strategic Positioning

8.10.4 Info Graphic Analysis

8.11 Twa Panel Systems, Inc.

8.11.1 Company Overview

8.11.2 Financial Analysis

8.11.3 Strategic Positioning

8.11.4 Info Graphic Analysis

8.12 NuClimate Air Quality Systems, Inc.

8.12.1 Company Overview

8.12.2 Financial Analysis

8.12.3 Strategic Positioning

8.12.4 Info Graphic Analysis

8.13 Grada International

8.13.1 Company Overview

8.13.2 Financial Analysis

8.13.3 Strategic Positioning

8.13.4 Info Graphic Analysis

8.14 Other Companies

8.14.1 Company Overview

8.14.2 Financial Analysis

8.14.3 Strategic Positioning

8.14.4 Info Graphic Analysis

The Global Chilled Beam System Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Chilled Beam System Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

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Frequently Asked Questions

What is the projected market size of the global chilled beam system market?

The global chilled beam system market size is projected to grow at a CAGR of 7.9% during the forecast period (2021-2026).

Who are the major vendors in the chilled beam system market?

Key and innovative vendors in the chilled beam system market include Climate Technologies, FläktGroup Holding GmbH, FTF Group, Halton Group, Swegon Group AB, TROX GmbH, Johnson Controls International plc., Kiefer Klimatechnik GmbH, EB Air Control Inc., Twa Panel Systems, Inc., NuClimate Air Quality Systems, Inc., and Grada International.

Which region has the highest market share in the chilled beam system market?

North America is estimated to hold the highest market share in the chilled beam system market.

What is the Covid-19 impact on future chilled beam system manufacturers?

Globally, the Covid-19 impact on the future chilled beam system market will be quite significant for the manufacturers since demand has fluctuated owing to the lockdown in key nations throughout the world. North America would be leading because many businesses in the area are gradually turning to chilled beam technology to replace conventional systems. Subsequently, Asia Pacific will be growing the fastest because of the involvement of numerous manufacturing firms in the region.

What are the major drivers in the chilled beam system market?

The major driving factors for the chilled beam system market include the rising demand for energy-efficient HVAC systems to heat and cool huge buildings; soaring availability of prefabricated units that allow for quick installation and service connections at lower prices; growing necessity for energy saving in a variety of household applications; growing knowledge of the advantages that these systems.