Chilled Beams Market - Historic Data (2019-2024), Global Trends 2025, Growth Forecasts 2037
Chilled Beams Market in 2025 is estimated at USD 640.48 million. The global Market size surpassed USD 613.49 million in 2024 and is projected to witness a CAGR of over 5.5%, crossing USD 1.23 billion revenue by 2037. Asia Pacific is forecast to generate USD 516.6 million by 2037, driven by growing urbanization and migration to developed regions for better work opportunities.
The acute need to reduce energy consumption is boosting the growth of the chilled beams market since these are top-notch HVAC systems, providing thermal comfort, enhanced air quality, and other energy-efficient features compared to traditional HVAC systems. According to a recent analysis, the HVAC systems market accounted for nearly USD 15o billion in 2015.
Chilled Beams: Growth Drivers and Challenges
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
| Report Attribute | Details |
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
5.5% |
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Base Year Market Size (2024) |
USD 613.49 million |
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Forecast Year Market Size (2037) |
USD 1.23 billion |
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Regional Scope |
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Chilled Beams Segmentation
Product Type (Active, Passive, Multiservice)
Active segment is poised to account for more than 43% chilled beams market share by the end of 2037. The segment growth is attributed to the efficiency of active chilled beams to heat or cool space with the help of air.
Further, the active chilled beams are well equipped with multiple fans along with coils for heating or cooling, depending on the type of HVAC system. Moreover, the active type eliminates nearly 65% of heat and offers cooling for large spaces such as commercial offices.
Business (New Construction, Renovation)
In chilled beams market, new construction segment is poised to grow at significant rate through 2037, due to the high demand for commercial spaces. As per a recent analysis, the global commercial real estate sector is poised to grow at a CAGR of 2% and surpass a market size of USD 130 trillion by 2028. Therefore, the increasing commercial spaces demand for energy-efficient HVAC solutions simultaneously boosts the growth of the market.
Material (Aluminum, Gypsum, Metal, Plastering)
Aluminum segment share in the chilled beams market is expected to reach 29% by 2037, attributed to long-term performance of aluminum chilled beams since these are corrosion resistant and therefore provide huge strength. Strong and resistant to corrosion, aluminum chilled beams provide long-term performance. The material is a sustainable option for energy-efficient building designs since it can be recycled. For heat-exchange efficiency and long-term performance applications, aluminum is a preferred material because of its adaptability in design and ease of installation.
Our in-depth analysis of the market includes the following segments:
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Vishnu Nair
Head - Global Business DevelopmentCustomize this report to your requirements — connect with our consultant for personalized insights and options.
Chilled Beams Industry - Regional Synopsis
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.
Companies Dominating the Chilled Beams Landscape
- Johnson Controls
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Climate Technologies
- FlaktGroup
- FTF Group
- Halton Group
- Lindab
- Price Industries
- Swegon
- Systemair
- TROX GmbH
The market is fragmented, with the top five companies occupying 18.20%. The major players in this market are Johnson Controls, Climate Technologies, FlaktGroup, FTF Group, and Halton Group.
Recent Developments
- Johnson Control, collaborated with Apollo Global Management to provide smart energy-efficient solutions and sustainability to businesses to reduce carbonization and save money. Moreover, this joint venture will take no initial cost and provide energy-efficient services of high performance. Therefore, the energy conservation collaborations call for the chilled beams to ensure maximum efficiency without negatively impacting the environment.
- Luminous Power Technologies an energy solution provider inaugurated a solar panel factory at Rudrapur, Uttarakhand where cutting-edge advanced infrastructure and processes can be witnessed. Moreover, the company aims to offer energy-efficient solutions and maintain a sustainable environment. Further, advancements in the manufacturing sectors to cut energy consumption are stimulating growth in the chilled beams market.
- Report ID: 6078
- Published Date: May 10, 2025
- Report Format: PDF, PPT
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