Chilled Beams Market Share

Asia Pacific Market Forecast

Asia Pacific industry is set to dominate majority revenue share of 42% by 2037, owing to the growing urbanization and rise in migration. People are shifting to developed regions for better work opportunities and to improve life quality.

The Asia Pacific region has a huge role in attaining the net zero and shift towards green energy. Further, 54,000 migrants have been reported in Korea in 2022.

In China, the construction sector is flourishing which is a relevant factor for growth of the market. As per a recent study, the construction sector achieved 31 trillion yuan in 2023.

North America Market Statistics

North American region in chilled beams market is predicted to register around substantial growth till 2037 owing to growing awareness circulating the benefits of chilled beams and the growing energy consumption requiring energy-efficient HVAC systems. Moreover, Intertek is one of the leading energy-efficient testing providers in the region that helps in the testing of various appliances.

The United States is poised to invest nearly 4 Billion to strengthen its power grid infrastructure. In addition, many Canadian companies are seeking energy-efficient heating equipment.

Further, in 2022, the Canada Games Complex invested a whooping USD 3 million for upgrading the old facilities and step towards energy efficient solutions, which also includes the renewal of old boilers, since Canada Games Complex is nothing less than a community center where not only people come to become physical fit but also get a chance to socialize.