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Heating & Cooling Market Report 2020 | Danfoss, Johnson Control, Siemens etc.

04-14-2020 12:38 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Heating & Cooling Market Report 2020 | Danfoss, Johnson Control,

Major players operating in the heating & cooling market are Danfoss, Johnson Control, Siemens etc.

Global Heating & Cooling Market in 2018, exceeded USD 1 Trillion and is predicted to represent an annual consumption of 60 Exa-Joule by 2025. Stringent measures with an aim to curb carbon emissions in line with extreme climatic conditions will foster the demand for effective HVAC systems.

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Some major findings of the heating & cooling market report include:

Demand for district heating infrastructure is gaining impetus on account of their lower thermal losses and effective fuel utilization.
Stringent energy efficiency concord across developed economies is expected to drive the industry growth.
Integration of effective cogeneration technologies in buildings to augment renewable based heating & cooling consumption.

Heat derivatives accounted for a significant portion of the overall energy consumption and is expected to sustain a proportionate growth. Rapid adoption of cogeneration technologies coupled with technological improvements across micro CHP installations will positively influence the business scenario. In addition, rising share of electricity-based heat supply networks along with integration of renewable energy infrastructure will foster the industry share. Moreover, refurbishment and expansion of district heating (DH) networks in alignment to the energy efficiency concord will further complement the business outlook.

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Industries in 2018, incurred over USD 300 Billion of expenditure towards heating & cooling activities. Operational protection from leakages through curtailment in conveyance losses have been few parameters fueling the demand for efficient district heating infrastructure across industrial units. Integration of biomass aided DH units have inculcated an energy efficient & environment friendly operational scenario across chemical plants. Moreover, introduction of wood pellet-based fuel subject to their abundance & processional feasibility will complement the industry scenario.

Chapter 4 Global Heating & Cooling Market, By Category

4.1 Global heating & cooling market share by category, 2018 & 2025

4.2 Heating

4.2.1 Global market from heating, 2014 - 2025

4.2.2 Global market from heating, by region, 2014 - 2025

4.2.3 Global heating market from source Electricity Global heating market from electricity, 2014 - 2025 Global heating market from electricity, by region, 2014 - 2025 District Heating Global heating market from district heating, 2014 - 2025 Global heating market from district heating, by region, 2014 - 2025 Biofuel & Waste Global heating market from biofuel & waste, 2014 - 2025 Global heating market from biofuel & waste, by region, 2014 - 2025 Renewable Global heating market from renewable, 2014 - 2025 Global heating market from renewable, by region, 2014 - 2025 Geothermal Global heating market from geothermal, 2014 - 2025 Global heating market from geothermal, by region, 2014 - 2025 Natural Gas Global heating market from natural gas, 2014 - 2025 Global heating market from natural gas, by region, 2014 - 2025 Oil Products Global heating market from oil products, 2014 - 2025 Global heating market from oil products, by region, 2014 - 2025 Coal Global heating market from coal, 2014 - 2025 Global heating market from coal, by region, 2014 - 2025 Others Global heating market from others, 2014 - 2025 Global heating market from others, by region, 2014 - 2025

4.3 Cooling

4.3.1 Global market from cooling, 2014 - 2025

4.3.2 Global market from cooling, by region, 2014 - 2025

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About DEC Research:, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.

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