Press release
Global District Heating & Cooling Market Growth Analysis By Top Leading Players Danfoss, Stellar Energy, Keppel Dhcs Pte. Ltd., Singapore District Cooling Pte Ltd, Veolia, Vattenfall AB, Logstor AS, Fortum, Goteborg Energi ABm & more
China district heating & cooling market is projected to exceed the consumption of 5,000 PJ by 2024. Rising demand for thermal energy across the commercial and residential sector coupled with rapid economic development will increase the product penetration. Escalating industrialization & urbanization owing to refurbishment of the existing infrastructure will positively impact the industry landscape. In 2016, a loan of USD 100 million was approved by the World Bank for the refurbishment of sustainable heating infrastructure across the province of Hebai.
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Eminent players serving the district heating & cooling market includes Emirates District Cooling (Emicool) LLC, SNC Lavalin, Pal Technology, Emirates Central Cooling System Corporation (Empower), Ramboll Group A/S, Qatar Cool, Siemens AG, National Central Cooling Company PJSC, ADC Energy Systems, DC PRO Engineering, Marafeq Qatar, Shinryo Corporation, Danfoss, Stellar Energy, Keppel Dhcs Pte. Ltd., Singapore District Cooling Pte Ltd, Veolia, Vattenfall AB, Logstor AS, Fortum, Goteborg Energi ABm, Helen Oy, Wien Energie, Cetetherm, Engie, Kelag Warme Gmbh, Korea District Heating Corporation, NRG Energy, RWE AG, Statkraft AS, STEAG GmbH
Technological advancements in the CHP systems to provide sustainable power generation along with the increasing adoption of sustainable standards and codes will foster the commercial district heating & cooling market growth. In addition, the increasing investments pertaining to real-estate industry coupled with ongoing development across the service sector will increase the product demand. Innovative energy efficiency solutions, energy management systems and refurbishment of sustainable heating infrastructure will further complement the industry growth.
Low operating cost, easy installation, environmental performance and economic viability are some of the major factors that will accelerate the solar district heating & cooling market growth. The SDH plan proposed by European Commission aims at promoting and deploying of SDH systems across Denmark, Czech Republic, Germany and Italy. It further directs to add a capacity of approximately 8 GWth by the year 2020.
Better quality of air and sustainability, improved production capabilities and easy compatibility are among the key advantages that will drive the district heating & cooling market share. Further, the technology is widely used across the commercial and residential establishments on the account of their providing electricity, ability for trigeneration and heat & cool simultaneously. Growing use of wasted thermal energy to generate power thereby reducing the GHG emissions is one of the major parameters positively impacting the industry landscape.
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Better quality of air and sustainability, improved production capabilities and easy compatibility are among the key advantages that will drive the district heating & cooling market share. Further, the technology is widely used across the commercial and residential establishments on the account of their providing electricity, ability for trigeneration and heat & cool simultaneously. Growing use of wasted thermal energy to generate power thereby reducing the GHG emissions is one of the major parameters positively impacting the industry landscape.
Table of Content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3 District Heating & Cooling Industry Insights
Chapter 4 District Heating & Cooling Market, By Energy Source
Chapter 5 District Heating & Cooling Market, By Application
Chapter 6 District Heating & Cooling Market, By Region
Chapter 7. Company Profiles
For More Details on this Report At: https://www.marketstudyreport.com/reports/district-heating-cooling-market
Related Report:
District Cooling Market Application Potential, Competitive Market Share & Forecast, 2018 - 2024
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. 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.
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