Chilled Beam System Market by Design & Application

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MarketsandMarkets Presents
Chilled Beam System Market worth 406.8 Million
by 2020
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illed-beam-system-market-250787530.html
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According to a new market research report on the
Chilled Beam System Market by Design (Active,
Passive, Multi-Service), Function (Cooling
Only, Cooling and Heating), Application
(Commercial Offices, Healthcare, Hotels, and
Others), and Geography (North America, Europe,
Asia-Pacific, and RoW) - Trends Forecast to
2015 2020, the market for chilled beam system
is expected to reach 239.9 Million in 2015,
reflecting a year-on-year (Y-o-Y) growth rate of
about 10.0 over the previous year. Furthermore,
the market is expected to grow at a CAGR of
11.14 between 2015 and 2020, to reach 406.8
Million by 2020. http//www.marketsandmarkets.co
m/Market-Reports/chilled-beam-system-market-250787
530.html Browse 76 Market Data Tables 64
Figures 171 pagesEarly buyers will receive 10
customization on this report.
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illed-beam-system-market-250787530.html
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The global chilled beam system market was valued
at 218.1 Million in 2014 and is expected to
reach 406.8 Million by 2020, at an estimated
CAGR of 11.14 between 2015 and 2020. The
commercial offices sector constituted the largest
application for the chilled beam system market in
2014 and is expected to continue to grow at a
significant rate because of increasing
applications in the commercial offices segment
across the globe. Educational institutions,
healthcare facilities, and hotels are the next
major applications and are expected to grow at a
considerable rate due to the increasing adoption
of chilled beam systems in the same. The chilled
beam system market players have been focusing on
the innovations in terms of technological
advancements to cater to the specific needs of
enterprises in air conditioning and ventilation
systems. Multi-service chilled beam systems have
been the emerging technologies in the market,
which provide the functions of both passive and
active chilled beam systems along with additional
features such as sprinkler systems, public
address systems, smoke detectors, Passive
Infrared (PIR) sensors, fresh air, Building
Management System (BMS) cables, Voice and data
cables, Closed-Circuit Television (CCTV),
speaker, controls, and energy control. The market
for these technologies is expected to grow at a
significant rate during the forecast period
because of the increasing adoption of the chilled
beam systems based on these technologies.
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illed-beam-system-market-250787530.html
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Furthermore, these systems have been able to
overcome the difficulties faced by the
traditional ventilation and air condition systems
in saving energy consumption in several
applications. However, active chilled beam
systems are expected to account for a major
market share during the forecast period, due to
their enhanced benefits compared to passive
chilled beam systems. Europe was the largest
market in 2014. North America is expected to be
the fastest growing region, followed by
Asia-Pacific which is also among the major
regions that plays a significant role in the
growth of the chilled beam system market. The
growth of the market in North America would be
largely driven by the U.S., which accounted for
73.1 of the total North American market in 2014.
The Asia-Pacific market is expected to be driven
by its key markets such as Japan, Australia,
China, and India. The commercial offices and
healthcare sectors along with, hotels is likely
to provide a huge growth opportunity for chilled
beam system in these regions. The market would
also be fuelled by the increase in focus of the
major players to expand their product and service
offerings in the Asia-Pacific region as this
region is expected to witness a significant
growth in terms of the adoption of chilled beam
systems over the next decade.
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illed-beam-system-market-250787530.html
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The report describes market dynamics that
include the key drivers, restraints, challenges,
and opportunities with respect to the chilled
beam system market and forecasts the market till
2020. This global report provides a detailed view
of the chilled beam system market across designs,
functions, applications, and geographies. The
report also profiles the prominent players in the
chilled beam system market along with their key
growth strategies. The competitive landscape of
the market analyses a large number of players
with their market share. The market is witnessing
numerous collaborations and partnerships across
the value chain, to cater to various industries
in different geographies. The major companies
in the global market that have been included in
this report are TROX GmbH (Germany), Halton Group
(Finland), Flakt Woods Group (Switzerland), FTF
Group (U.S.), Swegon AB (Sweden), Lindab AB
(Sweden), Systemair AB (Sweden), Dadanco Pty Ltd.
(Australia), Caverion Corporation (Finland), and
Titus HVAC (U.S.), and others.
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illed-beam-system-market-250787530.html
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illed-beam-system-market-250787530.html
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