Chilled Beam System Market Research Report: Overview With Geographical Segmentation By Revenue With Forecast 2026

Growing demand for energy-efficient and cost-effective cooling systems across various infrastructural projects is driving sales in the global chilled beam system market. Future Market Insights (FMI) in its recent market survey projects the market to expand at a steady 5.5% CAGR over the assessment period 2021 to 2031.
Product customizations in chilled beam systems, along with establishments of robust aftersales market services will continue facilitating growth, as the market reached a valuation of US$ 308.5 Mn in 2021.

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In 2020, the chilled beam systems market experienced decelerating sales due to the COVID-19 outbreak. However, FMI projects a positive demand outlook as the market experienced year-over-year growth at 3.9% between 2020-2021 with sales projected to reach 175’000 units during the forecast period.
In addition, the development of smart cities, healthcare facilities, and renovation of residential and commercial spaces are expected to propel market growth in emerging economies such as India, China, Mexico, and Brazil.
As per FMI’s regional market survey, the U.S. is anticipated to dominate the North America chilled beam systems market. Being a relatively new ventilation concept, the adoption of chilled beam systems is expected to grow at a steady pace. Apart from this, expansion of residential, corporate, and healthcare infrastructure will continue spurring demand for chilled beam systems in the U.S.
"Growing demand for energy-efficient solutions in construction projects, coupled with advanced after-sales services offered by chilled beam system market players, will create attractive prospects for the expansion of the global chilled beam systems market," says the FMI analyst.

Key Takeaways:
• Based on product type, concealed chilled beam systems are projected to dominate the segment.
• In terms of design, sales of standard chilled beam systems are anticipated to remain high through 2031.
• Corporate offices will account for maximum applications of chilled beam systems in the forthcoming years.
• The U.S. is anticipated to lead the chilled beam systems market due to the growing demand for energy-efficient ventilation solutions in the country. FMI projects the North America chilled beam systems market to grow at a 5.6% CAGR.
• The U.K. is expected to exhibit high demand for chilled beam systems, owing to rapid expansion in the hospitality and education sectors. The European chilled beam systems market is projected to expand at a 5.3% CAGR.
• Being one of the key exporters and producers of chilled beam systems, Germany will emerge as a lucrative market during the forecast period.
• Rapid development of smart cities and increasing adoption of modern cooling systems in India will place it as an attractive market through 2031.
• South Korea and Japan will collectively account for 9% of the total market share.

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Competitive Landscape
As per FMI’s market analysis, the top 5 players operating in the chilled beam systems market comprise SAS International Limited, Lindab International AB, Halton Group, Trox GmbH, and Caverion Corporation, holding 58.5% of the total market share.
Prominent players operating in the chilled beam systems market are emphasizing strategic collaborations and partnerships to expand their global footprint. Apart from this, product portfolio expansion and robust aftersales services will remain key growth strategies among leading players. For instance:
• In August 2021, Johnson Controls, a global leader in smart and sustainable building solutions, announced a strategic collaboration with Apollo Global Management, a leading global asset manager, to provide sustainable and energy-efficient solutions to various sectors to address decarbonization and high operational costs in buildings.
• In July 2021, Caverion Corporation acquired GTS Immobilien GmBH, a leading building automation service provider in Austria. Through this acquisition, Caverion is aiming to strengthen its market position in smart technologies and building automation solutions for diverse end-uses.

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FMI provides an unbiased analysis of the Land Survey Equipment Market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the global demand for alumina trihydrate with a detailed segmentation on the basis of:
By Product Type:
• Concealed
o Active
o Passive
o Multiservice
• Exposed
o Active
o Passive
o Multiservice
• Recessed
o Active
o Passive
o Multiservice

By Design Type:
• Standard
• Customized

By End-User Type:
• Educational Institutions
• Healthcare Facilities
• Corporate Offices
• Hotels/Restaurants
• Other Institutions (Military, Residential, Industrial, etc.)

By Region:
• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan (APEJ)
• Japan
• Middle East and Africa (MEA)

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Key Points Covered in Chilled Beam System Market Survey
• Market estimates and forecast 2021-2031
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Chilled Beam System and how to Navigate
• Recommendation on Key Winning Strategies

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports, and consulting services that are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, and an aerial view of the competitive framework and future market trends.

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