Chilled Beam System Market Size, Share & Trends Analysis Report By Design (Active Chilled Beams, Passive Chilled Beams, Multi-Service Chilled Beams), By Function, By Application (Commercial Offices), By Region, And Segment Forecasts, 2024 - 2030
Chilled Beam System Market Size & Trends
The global chilled beam system market size was estimated at USD 365.4 million in 2023 and is projected to grow at a CAGR of 7.5% from 2024 to 2030. The market is primarily driven by increasing demand for energy-efficient cooling solutions in commercial buildings. As energy costs rise and there is an increased focus on reducing carbon emissions, both commercial and residential constructions are integrating systems that offer energy efficiency advantages. Chilled beam systems, which use less energy than traditional air conditioning systems by relying on water for heating and cooling, align perfectly with this trend.
A chilled beam system is a type of heating, ventilation, and air conditioning (HVAC) technology used to heat and cool large buildings. It's a water-based system that relies on the principle of convection to regulate the temperature within indoor spaces. Many organizations are moving toward greener, more sustainable building practices. Chilled beam systems, being more energy-efficient and using water as a transfer medium, align well with these sustainability goals.
The rising demand for improved indoor air quality (IAQ) and thermal comfort in buildings. Chilled beam systems provide superior air quality as they do not recirculate air, thus lowering the risk of spreading airborne contaminants. This aspect has become particularly pertinent in the wake of global health concerns, notably the COVID-19 pandemic, which has amplified focus on IAQ in public buildings, offices, and healthcare facilities.
Global Chilled Beam System Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the chilled beam system market report on the basis of design, function, application and region:
Design Outlook (Revenue, USD Million, 2018 - 2030)
Active Chilled Beams
Passive Chilled Beams
Multi-Service Chilled Beams
Function Outlook (Revenue, USD Million, 2018 - 2030)
Cooling Only
Cooling and Heating
Application Outlook (Revenue, USD Million, 2018 - 2030)
Commercial Offices
Educational Institutions
Healthcare Facilities
Hotels
Others
Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Asia Pacific
Japan
China
India
Australia
South Korea
Latin America
Brazil
Argentina
Middle East & Africa
South Africa
Saudi Arabia
UAE
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Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.4. Information Procurement
1.4.1. Purchased Database
1.4.2. GVR’s Internal Database
1.4.3. Secondary Sources
1.4.4. Third Party Perspective
1.4.5. Information Analysis
1.5. Information Analysis
1.5.1. Data Analysis Models
1.5.2. Market Formulation & Data Visualization
1.5.3. Data Validation & Publishing
1.6. Research Scope and Assumptions
1.6.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Chilled Beam System Market Variables, Trends, & Scope