District Heating & Cooling Market Share Abalysis 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, Vatten

District Heating & Cooling Market is poised to witness an accelerated growth in the consequent years, primarily owing to growing environmental concerns. Driven by the urgent need to curb carbon emissions, global and regional governments have enforced suitable regulatory measures that have further upheld this industry. As per estimates,
Global District Heating & Cooling Market is set to grow from its current market value of more than $200 billion to over $400 billion by 2024

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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. District Heating & Cooling Market growth will be driven by increasing implementation of regulatory policies pertaining to carbon emissions coupled with growing adoption of sustainable energy technologies. 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. 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. 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

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.

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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.

District heating & cooling market size from combined heat and power (CHP) market is slated to grow by approximately 6% over 2018-2024. According to the International District Energy Association, traditional power plants are extremely inefficient when it comes to generating power as they only extract and convert only about 35%-40% of the energy from the fuel to generate electricity and the remaining 60%-65% of energy is turned into heat which is then released into a local waterbody or into the atmosphere through a smokestack. The association deems this extreme inefficiency to be a massive problem. However, this obstacle also provides a massive opportunity for CHP plants to effectively harvest the immense heat byproduct to produce steam, to heat or to chill water and then effectively cool or heat the surrounding residential or commercial complexes through a DHC network.

CHP district heating & cooling market will grow over 6% by 2024. Integration of power & thermal generation, simplified installation and low CO2 emissions are some of the underline factors which will encourage the product adoption. Higher operational efficiencies and improved product capabilities will further compliment the business growth. In 2017, Dall Energy started the construction of a 6 MW CHP plant in Sindal, Denmark. The plant will produce 5 MW heat and 800 kW of electricity.

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.

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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