District Heating and Distric Cooling Market BY Key Industry Players: Statkraft, Ørsted, NRG Energy, ENGIE, Fortum, Vattenfall, Veolia, Danfoss, Siemens, Ramboll, SNC-Lavalin, National Central Cooling Company (DFM: Tabreed)

District Heating and Distric Cooling Market growth will be propelled by increasing investments toward the development of residential & commercial establishments across the emerging economies along with favorable regulatory policies pertaining to energy efficiency. Technological advancement, ease of compatibility with various sources, lower thermal loses, and high operational efficiency are some of the underline parameters which makes its adoption preferable when compared with other conventional technologies.

District Heating and Distric Cooling Market size will exceed USD 400 billion by 2024 and the annual energy consumption will reach over 19,000 PJ by 2024. Increasing implementation of regulatory policies pertaining to carbon emissions coupled with growing adoption of sustainable energy technologies will stimulate the district heating & district cooling market share. Changing climatic conditions on account of accelerating surface temperature range will boost the industry growth. For instance, the U.S. EPA under its Clean Air Act controls the release of air pollutants including NOx, SO2 and CO2 emissions.

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Commercial district heating and district cooling market will witness a growth on account of growing adoption of building codes and standards coupled with the development of combined heating and cooling technologies to provide sustainable energy solution. In addition, the flourishing service sector across the developed nations along with rising investments toward real-estate industry will encourage the product adoption. Ongoing expansion of efficient heating infrastructure, innovative energy efficiency solutions and energy management systems will further accelerate the industry growth.

Solar district heating and district cooling market was valued over USD 4 billion in 2017. Ease of installation, lower operating cost, economic viability and environmental performance are some of the major factors which will propel the technology adoption. The European Commission, as per its SDH plan aims at deploying and promoting of SDH systems across Italy, Denmark, Germany and Czech Republic. The plan further aims to add a capacity of around 8 GWth by 2020.

Ease of compatibility with various sustainable heating and cooling solutions will stimulate the heat pumps technology. In addition, the technology is widely accepted across residential and commercial establishments on account of there ability for trigeneration, providing electricity, heat and cool simultaneously. Increasing use of waste heat to generate energy thereby reducing the carbon emissions are some of the key parameters which will fuel the district heating and district cooling market share.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Statkraft
2. Ørsted
3. NRG Energy
4. ENGIE
5. Fortum
6. Vattenfall
7. Veolia
8. Danfoss
9. Siemens
10. Ramboll
11. SNC-Lavalin
12. National Central Cooling Company (DFM: Tabreed)

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District Heating and Cooling Market, By Application

• Residential

• Commercial
o College/University
o Office Buildings
o Government Buildings
o Others

• Industrial

The U.S. district heating and district cooling market is set to exceed consumption of 700 PJ by 2024. Growing demand for sustainable and efficient space heating and cooling solutions on account of upsurge in investments toward the development of commercial and residential establishments will boost the industry growth. Ongoing government initiatives to promote efficient & green technologies along with stringent regulatory norms toward CO2 emissions will positively impact the product demand. In 2015, the U.S. EPA introduced carbon emission regulations pertaining to new power plants. The regulation also incorporates the NSPS standards to restrict the emissions from coalfired and natural gas plants.

Top Key industry players across the district heating and district cooling market includes Emirates District Cooling (Emicool), LLC, SNC Lavalin, Pal Technology, Empower Contracting, Ramboll, Qatar Cool, Siemens, National Central Cooling Company (DFM: Tabreed), ADC Energy Systems, DC PRO Engineering, Marafeq Qatar, Shinryo Corporation, Danfoss, Stellar, Keppel Dhcs Pte. Ltd., Singapore District Cooling Pte Ltd, Veolia, Vattenfall, LOGSTOR, Fortum, Göteborg Energi, Helen Oy, Wien Energie GmbH, Cetetherm, ENGIE Services Nederland NV, Kelag Warme Gmbh, Korea District Heating Corporation, NRG Energy, Ørsted, RWE AG, Statkraft AS and STEAG GmbH.

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