Press release
District Heating & Cooling Market Trends By Key Players; SNC Lavalin, Empower Contracting, Ramboll, Siemens, National Central Cooling Company (DFM: Tabreed), DC PRO Engineering, Marafeq Qatar, Shinryo Corporation, Danfoss, Stellar, Veolia, Vattenfall
District Heating & Cooling Market
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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.
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.
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.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. SNC Lavalin
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. Danfoss
10. Stellar
11. Veolia
12. Vattenfall
13. Fortum
14. Ørsted
15. Statkraft, STEAG GmbH
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District Heating and Cooling Market, By Energy Source
• District Heating
o CHP
o Geothermal
o Solar
o Heat only boilers
o Others
• District Cooling
o Free Cooling
o Absorption Cooling
o Heat Pumps
o Electric Chillers
o Others
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.
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.
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.
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