In 2018 the Cooling Ceilings and Chilled Beams market in Europe (6 surveyed countries) recorded a stable increase of 4.2% in terms of value sales, reaching EUR 430.8 million. The sales volume also recorded an increase of 3.6% for cooling ceilings reaching more than 3.15 Million of square meter sold in 2018. The market is expected to continue to grow over the forecast period at an annual average rate of 5.8% to reach more than EUR 509 million in 2022.

France and Poland were the biggest markets for chilled beams in 2018, while Poland was the strongest growing market for chilled beams, recording almost 4% of increase in value between 2017 and 2018.

Metal is the dominant material.

In 2018 the metal material segment remained the strongest on the market with a share for cooling ceilings / chilled beams of 52.3% / 56.9% of the total value sales. Most of these units are composed of copper pipes. This segment accounted for 69.7% of the cooling ceilings and 85.44% of the chilled beams cover. The Plastic pipes (now becoming mostly Polypropylene) are also growing with a regular rate of 3.5% for the cooling ceilings and 1.8% for the chilled beams. The temperature resistance, the elasticity of the pipes and the conductivity of the heating / cooling are the main influencing factors here.

The markets are mostly concentrated.

Most of the countries are slightly concentrated with a top 10 companies representing between 75 to 90% of the sales value for cooling ceilings and chilled beams. The acquisition of the manufacturer Zent Frenger by Swegon in September 2018 is an illustration of that trend. The Italian market stays the least concentrated with a top 10 in value accounting for 63% of cooling ceilings and 63% of chilled beams in 2018.

Office remains the first application area.

The new construction segment recorded an increase of more than 3.5% in 2018 exceeding 2.3 Million of square meters covered. On the other hand, renovation is sharing a higher increase between the 2 products with more than 5% average growth until 2022.
In 2018 the office application area was the strongest in terms of quantity, accounting for more than 71% of the cooling ceilings cover in Europe while the commercial at the second place weighs for nearly 20% on both of the markets

The lack of knowledge about the product technology and the high prices are still nowadays one of the main barriers of higher growth compared to other HVAC solutions.

20/05/2019

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