Press release
District Cooling Market Trends By Key Players: Ramboll, Veolia, Vattenfall, Logstor, Fortum, Goteborg Energi, Wien Energie GmbH, Siemens, Alfa Laval, Engine, National Central Cooling Company (DFM: Tabreed), Emirates Central Cooling Systems Corporation (Em
District Cooling Market
Changing climatic conditions on account of increasing surface temperature and global warming will boost the market share. In addition, rapid urban area development and growing residential sector owing to increase in consumer spending and rise in per capita income will encourage the product adoption. The average temperature in Kuwait during summer seasons was recoded to be 300 C in 2016.
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District Cooling Market in 2017 was valued over USD 100 billion and will exceed USD 140 billion by 2024, as reported in the latest study by Global Market Insights, Inc. Growing concerns pertaining to carbon emissions along with rising demand for space cooling will foster the district cooling market. Increasing penetration of renewable energy technologies coupled with growing adoption of sustainable cooling solutions will stimulate the industry growth. In 2016, Tabreed reported an elimination of 570,000 tons of CO2 emissions from there 66 DC plants installed across the GCC countries.
Increasing adoption of energy efficient and sustainable building standards along with ongoing development of environment friendly building solutions will stimulate the commercial market. In addition, the flourishing service sector including office buildings, data centers, colleges and universities will further impact the industry growth. For instance, in 4th quarter 2016, the overall investments toward commercial establishments were valued around USD 107.8 billion.
Japan district cooling market is set to exceed 17 PJ by 2024. Rapid economic growth coupled with strict environmental norms toward emissions will encourage the product adoption. Growing concerns toward energy security along with large scale deployment of cooling systems across Tokyo, Sapporo, Osaka and Yokohama will complement the business outlook. Rapid technological advancement in product design and development along with extensive R&D activities across the nation has also instituted favorable business scenario for the industry players.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Ramboll
2. Veolia
3. Vattenfall
4. Logstor
5. Fortum
6. Goteborg Energi
7. Wien Energie GmbH
8. Siemens
9. Alfa Laval,
10. Stellar
11. DC Pro Engineering
12. ADC Energy Systems
13. SNC Lavalin
14. Danfoss
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By Production Technique
• Free Cooling
• Absorption Cooling
• Heat Pumps
• Electric Chillers
• Others
By Application
• Residential
• Commercial
o College/University
o Office Buildings
o Government Buildings
o Others
• Industrial
Ongoing adoption of heat pumps owing to their compatibility with sustainable heating technologies will stimulate the district cooling market. In addition, the technology is widely used for trigeneration, providing heat, cool and electricity across the commercial and residential establishments. It uses the waste heat to generate energy thereby, reducing the emissions effectively when compared with other counterparts.
Stringent regulatory framework toward the adoption of sustainable cooling technologies along with accelerating service sector across the nation will boost the Sweden market. Increasing investments toward development of innovative energy efficiency solutions, energy management systems and efficient pipeline network will encourage the product demand. Ongoing deployment of clean energy technologies on account of government norms toward decarbonization of buildings will further complement the business outlook.
Key players catering across the district cooling market include Ramboll, Veolia, Vattenfall, Logstor, Fortum, Goteborg Energi, Helen Oy, Wien Energie GmbH, Siemens, Alfa Laval, Engine, National Central Cooling Company (DFM: Tabreed), Emirates Central Cooling Systems Corporation (Empower), Emirates District Cooling (Emicool), Stellar Energy, DC Pro Engineering, ADC Energy Systems, Qatar District Cooling Company - Qatar Cool, Marafeq Qatar, Shinryo Corporation, SNC Lavalin, Pal Technology, Singapore District Cooling Pte Ltd, Danfoss, and Keppel Dhcs Pte Ltd.
Browse key industry insights spread across 280 pages with 451 market data tables & 9 figures & charts from the report, District Cooling Market in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/district-cooling-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
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