Press release
Global District Heating and Cooling Market By Key Players: National Central Cooling Company (DFM: Tabreed), DC PRO Engineering, Marafeq Qatar, Shinryo Corporation, Danfoss, Stellar, Veolia, Vattenfall, SNC Lavalin, Empower Contracting, Ramboll, Siemens
District Heating and Cooling Market
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Increasing investments toward the development of residential & commercial establishments across the emerging economies along with favorable regulatory policies pertaining to energy efficiency will propel the district heating and cooling market size. 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.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Danfoss
2. Empower Contracting
3. Ramboll
4. Siemens
5. National Central Cooling Company (DFM: Tabreed)
6. DC PRO Engineering
7. Marafeq Qatar
8. Shinryo Corporation
9. SNC Lavalin
10. Stellar
11. Veolia
12. Vattenfall
13. Fortum
14. Ørsted
15. Statkraft, STEAG GmbH
District Heating and Cooling Market, By Application
• Residential
• Commercial
o College/University
o Office Buildings
o Government Buildings
o Others
• Industrial
Commercial district heating & 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.
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Solar district heating and 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 & cooling market share.
Growing regulatory measures pertaining to carbon emissions coupled with changing climatic conditions on account of global warming will foster the district heating & cooling market share. Ongoing adoption of sustainable energy technologies along with introduction of various regulatory norms and mandates pertaining to green building standards will stimulate the industry growth. In 2015, U.S. EPA introduced the standards for carbon pollution under the Clean Air Act to control and monitor the carbon and sulphur emissions across the nation.
Browse key industry insights spread across 440 pages with 551 market data tables & 75 figures & charts from the report, District Heating & Cooling Market in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/district-heating-and-cooling-market
China district heating and cooling market is set to exceed the consumption of 5,000 PJ by 2024. Rapid economic growth along with large scale deployment of heating & cooling systems will encourage the product adoption. Escalating urbanization & industrialization on account of rising infrastructure development will influence the industry landscape. In 2016, the World Bank approved a loan of USD 100 million for the development of sustainable heating infrastructure across the Hebai province.
The U.S. district heating & 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.
Strict government norms toward decarbonization of buildings along with growing adoption of sustainable energy technologies will drive the Germany market size. Torrid climatic conditions owing to nation’s geographical presence near the gulf stream will positively influence the product demand. In June 2017, Vattenfall announced plans an investment of USD 116.87 Million toward the development of gas-fired heat only boilers and power to heat assets in Berlin.
Top Key industry players across the district heating & 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.
Browse Related Reports: https://www.gminsights.com/industry-analysis/district-cooling-market
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