Press release
District Cooling Market Analysis 2023-2032: Size, Trends, Growth And Forecast | Ramboll Group A/S, Fortum Oyj, Emicool LLC, Engie SA, Tabreed
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032District Cooling Market Size, Growth Rate, And Forecast
The global district cooling market size grew from $14.43 billion in 2022 to $16.26 billion in 2023, at a compound annual growth rate (CAGR) of 12.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The district cooling market size is expected to grow to $24.81 billion in 2027 at a CAGR of 11.1%.
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District Cooling Market Drivers
Technological innovations are the key trend gaining popularity in the district cooling systems market. Major companies operating in the district cooling sector are focused on introducing technological innovations to reinforce their position.
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District Cooling Market Segments
1. By Production Technique: Free Cooling, Absorption Cooling, Electric Chillers, Other Production Techniques.
2. By Function: Stationary Cooling, Transport Cooling.
3. By Application: Commercial, Residential, Industrial.
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Middle East was the largest region in the District Cooling market.
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District Cooling Market Key Players
Major competitors in the district cooling market include Ramboll Group A/S, Fortum Oyj, Emicool LLC, Engie SA, Tabreed, Veolia Environnement S.A., Empower, Qatar District Cooling Company.
The Business Research Company's "Global District Cooling Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The District Cooling Market Include:
1. Executive Summary
2. District Cooling Market Characteristics
3. District Cooling Market Trends And Strategies
4. District Cooling - Macro Economic Scenario
5. District Cooling Market Size And Growth
……
26. Africa District Cooling Market
27. District Cooling Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The District Cooling Market
29. District Cooling Market Future Outlook and Potential Analysis
30. Appendix
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