Chilled Beams Market Segmentation:
Product Type Segment Analysis
Active segment is poised to account for more than 43% chilled beams market share by the end of 2035. The segment growth is attributed to the efficiency of active chilled beams to heat or cool space with the help of air.
Further, the active chilled beams are well equipped with multiple fans along with coils for heating or cooling, depending on the type of HVAC system. Moreover, the active type eliminates nearly 65% of heat and offers cooling for large spaces such as commercial offices.
Business Segment Analysis
In chilled beams market, new construction segment is poised to grow at significant rate through 2035, due to the high demand for commercial spaces. As per a recent analysis, the global commercial real estate sector is poised to grow at a CAGR of 2% and surpass a market size of USD 130 trillion by 2028. Therefore, the increasing commercial spaces demand for energy-efficient HVAC solutions simultaneously boosts the growth of the market.
Material Segment Analysis
Aluminum segment share in the chilled beams market is expected to reach 29% by 2035, attributed to long-term performance of aluminum chilled beams since these are corrosion resistant and therefore provide huge strength. Strong and resistant to corrosion, aluminum chilled beams provide long-term performance. The material is a sustainable option for energy-efficient building designs since it can be recycled. For heat-exchange efficiency and long-term performance applications, aluminum is a preferred material because of its adaptability in design and ease of installation.
Our in-depth analysis of the market includes the following segments:
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