Press release
District Cooling Market Trends by Key Players: Tabreed, Emicool, Fortum, Vattenfall, Veolia, Ramboll, Siemens, Engie, Alfa Laval, Goteborg Energi, Helen, Wien Energi, Logstor, Empower, Qatar Cool, SNC Lavalin, Singapore District Cooling and Keppel Dhcs
Global Market Insights, Inc.
District Cooling Market share is predicted to surpass USD 140 billion by 2024. Escalating demand for space cooling coupled with growing concerns toward carbon emissions will stimulate the district cooling market. Ongoing adoption of sustainable solutions along with rising penetration of renewable technologies will foster the business landscape. Tabreed in 2016, reported elimination of carbon emissions up to 570,000 tons from 66 DC plants deployed across GCC countries.
Rising average temperature range owing to global warming and changing climatic conditions will stimulate the district cooling market share. In addition, growing residential and urban area development across the emerging economies on account of increase in per capita income and rise in consumer spending will support the product penetration. In 2016, during summers the average temperature across Kuwait was recorded around 300 C.
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Top Key Players:-
Eminent players serving the district cooling market includes Tabreed, Keppel Dhcs, Singapore District Cooling, SNC Lavalin, Emicool, ADC Energy, Fortum, Vattenfall, Veolia, Shinryo Corporation, Sellar Energy, Ramboll, Alfa Laval, Siemens, Qatar Cool, Empower, Goteborg Energi, Helen, Logstor, Wien Energi and Engie.
Market share calculation in this report is not done based on companies covered in it. The calculation of district cooling market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
Japan district cooling market is projected to surpass 17 PJ by 2024. Stringent environmental regulations pertaining to emission control along with rising concerns toward energy security will foster the industry growth. Ongoing installation of DC systems across Osaka, Sapporo, Yokohama and Tokyo will augment the industry landscape. In addition, technological advancement and R&D activities toward product design and development will complement the product penetration.
Sweden district cooling market share is set to increase owing to the growing share of service sector coupled with stringent regulatory norms toward adopting sustainable technologies. Ongoing investments toward development of energy management systems, reliable pipeline network and sustainable energy solutions will boost the product demand. In addition, rising installation of clean energy solutions on account of government regulations toward the decarbonization of buildings will stimulate the industry outlook.
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Partial Chapter of the Table of Content
Chapter 1. Methodology and Scope
1.1. Methodology
1.2. Market definitions
1.3. Market estimates & forecast parameters
1.4. Data Sources
1.4.1. Primary
1.4.2. Secondary
1.4.2.1. Paid sources
1.4.2.2. Public sources
Chapter 2. Executive Summary
2.1. District cooling industry 3600 synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Production technique trends
2.1.3. Application trends
2.1.4. Regional trends
Chapter 3. District Cooling Market Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor Matrix
3.4. Innovation & sustainability
3.5. Regulatory landscape
3.6. Normalized price trend analysis
3.6.1. North America
3.6.2. Europe
3.6.3. Asia Pacific
3.6.4. Middle East
3.7. Cost structure analysis
3.7.1. Levelized cost of district cooling
3.7.2. Network cost of district cooling
3.7.3. Comparative cost of district cooling sources
3.8. Renewable energy share in district heating & cooling, 2010 – 2013
3.9. Customer requirement
3.10. Customer group requirement
3.11. Entry barriers
3.12. Opportunity analysis
3.12.1. North America
3.12.2. Europe
3.12.3. Asia Pacific
3.12.4. Middle East
3.13. Installed district cooling capacity across key countries
3.14. Development of future district heating & cooling solutions
3.15. Degree of competition
3.15.1. North America
3.15.2. Europe
3.15.3. Asia Pacific
3.15.4. Middle East
3.16. Case study analysis – District heating & cooling system in Stockholm
3.16.1. Project overview
3.16.2. Key facts & figures
3.17. Industry impact forces
3.17.1. Growth drivers
3.17.1.1. North America
3.17.1.1.1. Stringent regulations toward emissions
3.17.1.2. Europe
3.17.1.2.1. Growing norms toward zero emission buildings
3.17.1.2.2. Growing focus toward adoption of sustainable energy
3.17.1.3. Asia Pacific
3.17.1.3.1. Rapid urbanization & industrialization
3.17.1.3.2. Regulations toward sustainable energy
3.17.1.4. Middle East
3.17.1.4.1. Extreme climatic conditions
3.17.1.4.2. Increasing infrastructural spending
3.17.2. Industry pitfalls & challenges
3.17.2.1. High capital cost
3.18. Growth potential analysis
3.19. Porter's analysis
3.20. Competitive landscape, 2017
3.20.1. Strategy dashboard
3.21. Competitive benchmarking
3.22. PESTEL analysis
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Growing adoption of sustainable building codes and standards pertaining to energy efficiency coupled with development of advanced energy solutions for environment friendly buildings will stimulate the commercial district cooling market. In addition, the escalating growth of service sector including office buildings, colleges & universities and data centers will further enhance the business landscape. In 4th quarter of 2016, the overall funding for commercial establishment was around USD 107.8 Billion.
The rising adoption of heat pumps on account of their affinity with sustainable and efficient heating technologies will foster the district cooling market. Furthermore, the technology is extensively used for providing heating, cooling and electricity across the residential and commercial establishments. The technology utilizes the waste heat for the production of energy and reduces the carbon emissions effectively when compared with its counterpart.
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