Press release
District Cooling Market massive Key Growth By Emirates District Cooling (Emicool), Emirates Central Cooling System (Empower) and National Central Cooling Company PJSC
Middle East District Cooling Market, Middle East District Cooling Market Study, Middle East District Cooling Market Size, Middle E
Middle East District Cooling Market size will exceed USD 12 billion by 2024, Torrid weather conditions and high humidity climate zones across Middle East will propel the district cooling market. The GCC countries experiences the longest summers with highest temperatures reaching about 540 C in 2016.
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Report Mainly focuses on the top Manufacturers in global market are given bellow
Emirates District Cooling (Emicool), Emirates Central Cooling System (Empower) and National Central Cooling Company PJSC (Tabreed). Other industry participants include Qatar Cool, Stellar Energy, Siemens, Marafeq Qatar, ADC Energy, Shinryo Corporation and Logstor.
Commercial district cooling market size is set to exceed 8 Million RT by 2024. Hotels, malls, shops, offices and hospitals are some of the key applications area. Increasing emphasis on energy conservation along with rising demand for Leadership in Energy and Environmental Design (LEED) certified buildings will positively impact the business growth.
By Production Technique
• Free Cooling
• Electric Chiller
• Absorption Cooling
By Application
• Residential
• Commercial
• Education
• Office
• Government
• Healthcare
Flourishing construction sector coupled with ongoing government targets towards energy efficiency will fuel the UAE district cooling market growth. Companies in the UAE including Empower and Logstor as a part of strategy entered into a joint venture to use fibre optic networks in their large DC systems for conservation of water resources in cooling distribution and production.
Growing adoption of sustainable energy to meet the escalating energy demand will embellish the district cooling market. Government legislations toward promotion of energy efficient and economical cooling solutions coupled with rising environmental concerns will stimulate the product penetration. The Dubai Integrated Energy Strategy 2030 developed in line with the Green Growth Strategy and the UAE Vision 2021 has set strategic directions toward secure and uninterrupted sustainable energy supply.
Absorption cooling in 2016 accounted for over 6% of district cooling market revenue. This technique is eco-friendly in nature and utilizes waste energy for production purposes. It utilizes heat as a source of energy and helps reduce the use of electrically driven cooling, thereby reducing carbon dioxide emissions.
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The above information is provided on a regional and country basis for the following:
Saudi Arabia, UAE, Oman, Qatar, Kuwait, Bahrain
Qatar district cooling market share was valued at over 8% of market revenue in 2016. Significant expansion of DC systems and strategic government plans to reduce energy consumption will stimulate the market growth. The Qatar?s National Vision 2030 aims at achieving sustainable development of the country by transforming and providing high standard of living for its citizens.
Few Chapters of TOC
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Market definitions and forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Middle East 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. Country trends
Chapter 3. Middle East district cooling 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. Price trend analysis
3.5.1. Levelized costs of district cooling compared to decentralized production
3.5.2. Network costs for district heating
3.5.3. Comparative costs of district cooling sources
3.5.3.1. Electric Chiller
3.5.3.2. Free Cooling
3.5.3.3. Absorption Chiller
3.6. Regulatory landscape
3.6.1. Saudi Arabia
3.6.2. UAE
3.6.3. Qatar
3.6.4. Oman
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.1.1. Extreme climatic conditions
3.7.1.2. Growing focus toward adoption of sustainable energy
3.7.1.3. Increasing infrastructural spending
3.7.2. Industry pitfalls & challenges
3.7.2.1. High Capital Cost
3.8. Growth potential analysis
3.9. Porter's analysis
3.10. Competitive landscape, 2016
3.10.1. Strategy dashboard
3.11. PESTEL analysis
Chapter 4. Middle East district cooling Market, By Production Technique
4.1. Global market share by production technique, 2016 & 2024
4.2. Free Cooling
4.2.1. Free cooling market, 2013 – 2024
4.2.2. Free cooling market volume by country, 2013 – 2024
4.2.3. Free cooling market revenue by country,2013 – 2024
4.3. Electric Chiller
4.3.1. Electric chiller market, 2013 – 2024
4.3.2. Electric chiller market volume by country, 2013 – 2024
4.3.3. Electric chiller market revenue by country, 2013 – 2024
4.4. Absorption Cooling
4.4.1. Absorption cooling market, 2013 – 2024
4.4.2. Absorption cooling market volume by country, 2013 – 2024
4.4.3. Absorption cooling market revenue by country, 2013 – 2024
4.5. Others
4.5.1. Others market, 2013 – 2024
4.5.2. Others market volume by country, 2013 – 2024
4.5.3. Others market revenue by country, 2013 – 2024
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