Press release
Middle East District Cooling Market to Witness Huge Growth in The Future | Empower, Emicool, Siemens, Tabreed, Qatar Cool, Stellar Energy, Shinryo Corporation, Marafeq Qatar, ADC Energy and Logstor
Strategic government plans to reduce the consumption of energy along with considerable expansion of DC systems will stimulate the Qatar district cooling market growth. For instance, the Qatar's National Vision 2030 aims at achieving sustainable development of the country by transforming and providing high standard of living for its citizens.
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Electric chillers DC market will grow on account of operational feasibility and affordable electricity prices in the Middle East countries. The technique is capable of providing bulk of centralized cooling power with high coefficient of performance as compared to alternating units, thereby stimulating the product demand.
Middle East District Cooling Market is anticipated to exceed USD 14 billion by 2025. Rising investment toward infrastructural development across the Gulf nations along with increasing demand for cost-efficient and reliable cooling units will fuel the Middle East district cooling market. Enhanced efforts to increase the cooling capacity to boost infrastructural development will further enhance the industry outlook. For instance, Emicool highlighted its plan to expand its plant capacity in the year 2015 with regard to the expansion of the Dubai Investments Park as an initiative for its growth strategy for the World Expo 2020.
Ongoing construction activities in eminent cities of Saudi Arabia including Riyadh and Mecca will stimulate the demand for district cooling market. Stringent regulatory reforms to mitigate GHG emissions along with energy-efficiency protocols will propel the district cooling market.
Ongoing government targets towards energy efficiency coupled with flourishing construction sector will fuel the UAE district cooling market. Companies comprising Logstor and Empower operating in the country entered into an agreement to use fibre optic networks in their large cooling systems for conservation of water resources as a part of their strategy.
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Enhanced inclination toward the adoption of sustainable & energy efficient technologies on account of various environmental and economic & environmental benefits will enhance the Middle East district cooling market.
Hot weather conditions and high humidity climate zones will significantly drive the demand for DC systems in the region. It has been recorded that he GCC countries experience the longest summers with temperatures reaching as high as 540 C in 2016.
Key industry participants in the district cooling market comprises Empower, Emicool, Siemens, Tabreed, Qatar Cool, Stellar Energy, Shinryo Corporation, Marafeq Qatar, ADC Energy and Logstor amongst others. Increasing demand for sustainable DC plants to decrease the energy consumption has propelled the industry veterans to invest in the development of the technology, thereby stimulating the industry outlook.
Commercial district cooling market will witness growth on account of increased adoption of these systems in commercial facilities comprising of malls, hotels, shops, hospitals and offices. Growing demand for Leadership in Energy and Environmental Design (LEED) certified buildings with enhanced emphasis on energy conservation will positively impact the industry outlook.
Table of content:
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market estimates and forecast parameters
1.3.1 Abbreviation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public Sources
Chapter 2 Executive Summary
2.1 Middle East district cooling industry 360 degree synopsis, 2014 - 2025
2.1.1 Business trends
2.1.1 Production technique trends
2.1.1 Application trends
2.1.1 Country trends
Chapter 3 Middle East District Cooling Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2014-2025 (USD Million)
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Innovation and Sustainability
3.5 Regulatory landscape
3.5.1 Oman
3.5.2 Qatar
3.5.2.1 Low-voltage Electricity & Water Installations Regulations
3.5.3 United Arab Emirates (UAE)
3.5.3.1 Abu Dhabi
3.5.4 Saudi Arabia
3.6 Price trend analysis
3.6.1 Levelized costs of district cooling
3.6.2 Network costs for district cooling
3.6.3 Comparative costs of district cooling sources
3.7 Industry impact forces
3.7.1 Growth drivers
3.7.1.1 Rising infrastructural spending
3.7.1.2 Extreme climatic conditions
3.7.1.3 Growing focus toward adoption of sustainable technologies
Chapter 4 District Cooling Market, By Production Technique
Chapter 5 District Cooling Market, By Application
Chapter 6 District Cooling Market, By Country
Chapter 7 Company Profiles
Related Report:
Global District Cooling Pipeline Network Market Insights, Forecast to 2025
District Cooling Pipeline Network is a large scale centralized air conditioning network which consolidates the chillers required in each individual building into a central plant serving the consumer building?s centralized air conditioning installation in a district. The chilled water produced at the DCS plant will be distributed to consumer buildings through a closed loop network of underground pipes.
https://www.marketstudyreport.com/reports/global-district-cooling-pipeline-network-market-insights-forecast-to-2025/?utm_source=RR-AN
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