Chilled Beam System Market to Witness Substantial Growth in Energy-Efficient Cooling Solutions

 The report "Chilled Beam System Market with COVID-19 impact by Design (Active, Passive, Multi-Service), Business (New Construction, Renovation), Application (Commercial Offices, Educational Institutions, Healthcare, Hotels), Geography - Global Forecasts to 2025", size is projected to reach USD  298 million by 2025 from USD  203 million in 2020 at a CAGR of 7.9%. Increasing need for energy savings coupled with various benefits offered by chilled beam systems such as thermal comfort, floor to floor savings, and improved air quality over traditional HVAC systems are expected to drive the chilled beam system market during the forecast period. Additionally, the increasing need for a reduction in the building lifecycle cost would expand the scale and scope of the chilled beam market.

Active chilled beam segment to hold the largest size of the chilled beam system market from 2020 to 2025

The active chilled beam segment is expected to dominate the chilled beam system market over the forecast period. Active chilled beam contains an integral air supply which allows the primary air to pass through nozzles and induce the air from the space to rise up through the cooling coil. This induction process allows an active chilled beam to provide a higher cooling capacity than a passive chilled beam and also helps to prevent condensation by maintaining a trade-off between temperature and latent load. Therefore, active chilled beams are being more commonly used in several applications.

Download PDF Brochure @

 https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=250787530

The chilled beam system market for the hotels application is projected to grow at the highest CAGR during the forecast period

Chilled beam systems offer energy-efficient thermal comfort to occupants. These solutions provide the desired comfort to guests and react to changes in occupancy by quickly changing the room temperature. They also provide comfort features such as guest room air heating and cooling control, adjustment of individual room temperature set-point, and reduced airflow. This makes the chilled beam system as one of the most suitable indoor environment systems for hotels.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=250787530

North America to be the fastest-growing market for chilled beam system during the forecast period

The chilled beam system market in North America is expected to grow at the highest CAGR from 2020 to 2025. North America comprises the US, Canada, and Mexico. The US is the largest market for chilled beam systems in North America. The increasing demand for energy-efficient ventilation and air condition systems and tightening of building codes with respect to energy consumption in order to achieve environmental emission targets is likely to drive the regional chilled beam system market. Moreover, increasing commercial floor space (both existing and new additions) along with the need for energy-efficient equipment is expected to fuel the market for chilled beam systems in North America.

The key players operating in the chilled beam system market include Climate Technologies (Australia), FläktGroup Holding GmbH (Germany), FTF Group (UK) , Halton Group (Finland), Lindab (Sweden), Price Industries (Canada), Swegon Group AB (Sweden), Systemair AB (Sweden), TROX GmbH (Germany), and Johnson Controls International plc (Ireland).

Know more Information @ https://www.marketsandmarkets.com/Market-Reports/chilled-beam-system-market-250787530.html

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441