Global Chilled Beam System Market Size, Trends & Growth Opportunity and By Business (New Construction, Renovation, and Others), By Design (Active, Passive, and Multi-Service), By Application (Commercial Offices, Educational Institutions, Hotels, Schools, Hospitals, Government Institutions, and Others), By Region and Forecast till 2027.

Global Chilled Beam System Market

The Global Chilled Beam System Market is expected to grow from US$ 220 Million in 2021 to US$ 287.8 Million by 2027; it is estimated to grow at a CAGR of 4.58% from 2021 to 2027.

A convection HVAC system called a chilled beam system is made to heat or cool big buildings. Because warm air has a propensity to rise to the ceiling, stratification is a possibility. If the water entering the coil is excessively hot, stratification may occur with the chilled beam system. Chilled Beam Systems can offer a number of advantages, such as potential equipment cost savings over time, adaptability to different types of environments, energy efficiency, and simplicity of operation and maintenance.

Drivers: The main factors driving the growth of chilled beam systems are an increase in the demand for energy-efficient equipment, increased awareness of the advantages of chilled beam systems over traditional HVAC systems in terms of thermal comfort, floor-to-floor savings, and improved air quality, and an increase in the use of chilled beam systems for a variety of end uses, including healthcare facilities, educational institutions, commercial offices, hotels, and others.

Restraints: Applications for chilled beam systems are expanding quickly; nevertheless, in emerging nations, a lack of knowledge about their benefits could be a barrier to the market's expansion. Additionally, the installation and upkeep of chilled beam systems are expensive at first, which is limiting their use. Systems with chilled beams are less expensive in terms of ductwork, fans, and extra controls, but they may be more expensive in terms of pipe insulation, pumps, beams, and piping.

Impact of Covid-19

Nearly every business has been impacted by the unmatched worldwide public health emergency known as COVID-19, and the long-term impacts are expected to have an influence on industry growth throughout the course of the forecast period. In order to assure the inclusion of the underlying COVID-19 concerns and potential future directions, the ongoing research strengthens our research framework. The paper provides information on COVID-19 taking into account changes in consumer demand and behaviour, buying habits, supply chain rerouting, dynamics of contemporary market forces, and significant government initiatives.

Segmentation By Business: The market is divided into three categories: new construction, renovation, and others. The use and installation of the Chilled Beam System on entirely new infrastructure is referred to as new construction business. After the foundation is laid, the infrastructure is created so that it can install a chilled beam system. When infrastructure undergoes reconstruction, a fundamental layout is present but a chilled beam system is missing. This is known as the renovation business. Thus, it is implemented inside the infrastructure design that is currently in place.

Segmentation By Design: By design, the market has been divided into Active, Passive, and Multi-service chilled beam segments. When sensible cooling, heating, and ventilation air is required, active chilled beams are used. It is utilised in educational settings, as well as in commercial and public office buildings, conference rooms, hospitals, and other settings. Labs and other areas with high heat loads can benefit from passive chilled beams to provide sensible cooling, especially for processes and people who are sensitive to changes in pressure or ventilation and don't need additional airflow.

Segmentation By Application: Commercial office, educational institution, hotels, schools, hospitals, government institutions, and others make up the market's application-based segments. Commercial office spaces with chilled beams have significantly lower fan power and reheat needs, which increases energy efficiency. For schools and all educational institutions, low noise levels, thermal comfort, and good air quality are essential design factors. Hospitals are special applications that demand a minimum number of air changes per hour. By forcing the room through chilled beams to meet the air change requirements, chilled beams can be used to maximise the impact of the treated outdoor air.

Segmentation By Region: Chilled Beam System Market is classified on the basis of Region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. During the projected period of 2021–2027, North America will dominate the worldwide chilled beam system market. By 2027, North America is anticipated to have the greatest market share (28%). due to the increasing number of elderly people in this area. Growing demand from countries like the United States, Canada, and Mexico is credited with this growth.

Competitive Landscape: The key players of Chilled Beam System Market are Caverion Corporation, Roccheggiani SPA, Solid Air International, Grada International, MADEL Air Technical Diffusion, Nu Climate Air Quality Systems, Airvent, AirFixture LLC, Carrier, and Twa Panel Systems Inc.

Market Taxonomy

By Business

• New Construction
• Renovation
• Others

By Design

• Active
• Passive
• Multi-Service

By Application

• Commercial Office
• Educational Institution
• Hotels
• Schools
• Hospitals
• Government Institutions
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Chilled Beam System Market?
• What will be the growth rate from 2021 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?