Chilled Beams Market Trends

  • Report ID: 6078
  • Published Date: May 24, 2024
  • Report Format: PDF, PPT

Chilled Beams Market Trends

Growth Drivers

  • Growing awareness for sustainability - The awareness for sustainability is rapidly increasing and compelling businesses and building owners to actively adopt the chilled beams system for the reduction of energy consumption.

    In the year 2023, 2,387 Life-related events primarily focused on actions and events were held in the May month. These events were organized by Environmental Information, Awareness, Capacity Building, and Livelihood Programme (EIACP) centers throughout India. Therefore, the need for energy-efficient solutions is responsible for the acceleration of the market.
  • Increasing prevalence of chilled beams in the commercial sector - Commercial spaces consist of a wide range of employees working under one roof where fans cannot provide enough cooling and heating. Therefore, the growth of the market slowly prevailed since traditional HVAC systems are not very efficient and beneficial.

    The chilled beams provide ventilation, and cooling, and are energy efficient. Further, traditional HVAC systems are super noisy, chilled beams also help reduce noise and use 69% less air than other traditional HVAC systems. Overall, these are versatile and can be easily applied in large and small offices.
  • Thermal comfort and enhanced quality of air - Chilled beams are a top-notch choice for a wide range of applications since they offer comfort and a healthy environment inside the spaces. Moreover, once the indoor environment is enhanced in corporate offices, the productivity and well-being of the employees also improve

    Reports say that unstability in thermal comfort causes hindrance for an employee in decision making and productivity decreases.

Challenges

  • High cost of chilled beams and water leak risks - The elevated cost of installation and the risk of water leaks due to poor quality filters are a hindrance to the growth of the market. Moreover, each chilled beam requires separate piping along with control valves, which further increases the cost if you are covering a large area.
  • Absence of awareness: The market growth is being hampered due to a lack of awareness about the benefits of chilled beams among consumers.

Chilled Beams: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

6.2%

Base Year Market Size (2023)

USD 550 Million

Forecast Year Market Size (2036)

USD 1 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Radhika Pawar


  • Report ID: 6078
  • Published Date: May 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of chilled beams was over USD 550 million.

The market size for chilled beams is projected to cross USD 1 Billion by the end of 2036 expanding at a CAGR of 6.2% during the forecast period i.e., between 2024-2036.

The major players in the market are Johnson Controls, Climate Technologies, FlaktGroup, FTF Group, Halton and others.

The active segment is anticipated to garner a share/size of 43% during 2024-2036.

The Asia Pacific chilled beams sector is poised to hold 42% share by the end of 2036.
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