Press release
Heating & Cooling Market Report 2020 | Danfoss, Johnson Control, Siemens etc.
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
4.2.3.1 Electricity
4.2.3.1.1 Global heating market from electricity, 2014 - 2025
4.2.3.1.2 Global heating market from electricity, by region, 2014 - 2025
4.2.3.2 District Heating
4.2.3.2.1 Global heating market from district heating, 2014 - 2025
4.2.3.2.2 Global heating market from district heating, by region, 2014 - 2025
4.2.3.3 Biofuel & Waste
4.2.3.3.1 Global heating market from biofuel & waste, 2014 - 2025
4.2.3.3.2 Global heating market from biofuel & waste, by region, 2014 - 2025
4.2.3.4 Renewable
4.2.3.4.1 Global heating market from renewable, 2014 - 2025
4.2.3.4.2 Global heating market from renewable, by region, 2014 - 2025
4.2.3.5 Geothermal
4.2.3.5.1 Global heating market from geothermal, 2014 - 2025
4.2.3.5.2 Global heating market from geothermal, by region, 2014 - 2025
4.2.3.6 Natural Gas
4.2.3.6.1 Global heating market from natural gas, 2014 - 2025
4.2.3.6.2 Global heating market from natural gas, by region, 2014 - 2025
4.2.3.7 Oil Products
4.2.3.7.1 Global heating market from oil products, 2014 - 2025
4.2.3.7.2 Global heating market from oil products, by region, 2014 - 2025
4.2.3.8 Coal
4.2.3.8.1 Global heating market from coal, 2014 - 2025
4.2.3.8.2 Global heating market from coal, by region, 2014 - 2025
4.2.3.9 Others
4.2.3.9.1 Global heating market from others, 2014 - 2025
4.2.3.9.2 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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