Press release
District Cooling Market worth $1,177 Million by 2026 | Siemens, Stellar Energy, Emicool, Keppel DHCS, Ramboll, Shinryo, Emirates Central Cooling, ADC Energy Systems.
The global district cooling market is projected to reach USD 1,177 million by 2026 from an estimated market size of USD 931 million in 2021, at a CAGR of 3.4% during the forecast period. The factors driving the growth for district cooling are the Surging need for efficient cooling in regions with hot climate and Growing investments in infrastructure projects in developing economies.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=27186936
Rapid urbanization will put tremendous pressure on urban infrastructure. With the increasing number of people moving to cities, the demand for residential and commercial spaces is also expected to increase in the coming years. To accommodate this massive influx of people, the demand for taller buildings is also likely to increase. According to the International Energy Agency (IEA), air conditioner ownership is increasing in such regions. Middle Eastern countries are one of the most advanced markets for district cooling. The Middle East has been witnessing an increase in temperature in summer, exceeding 50-degree Celsius. Cooling is one of the biggest issues faced by the countries in this region.
District cooling offers numerous advantages compared with conventional cooling technologies. It is environment-friendly and relatively more cost and energy-efficient. District cooling could be one of the best solutions for meeting the cooling demand of the rapidly growing Middle Eastern countries. For instance, Dubai has the world's largest district cooling network that has enabled it to meet the country's cooling demand and reduce its electricity demand. Moreover, there has been an increase in the demand for innovative and sustainable cooling technology because of rapid economic development in the Middle East. The upcoming construction projects due to increasing GDP will eventually lead to an increase in energy consumption, and subsequently, carbon dioxide emissions. This would increase the demand for energy-efficient cooling technology. The upcoming infrastructure projects in developing economies such as the Middle East and Asia Pacific are providing opportunities for growth of the district cooling market.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=27186936
The electric chillers market is expected to be the largest segment in the district cooling market
The district cooling market, by production technique, is segmented into free cooling, absorption cooling, and electric chillers. The electric chillers market is expected to be the largest segment in the district cooling market, by production technique, during the forecast period. Electric chillers are suitable for large-scale operations and can utilize renewable energy to store chilled water when coupled with thermal energy storage (TES). Such factors are expected to fuel the growth of the electric chillers segment of the market.
Middle East and Africa likely to emerge as the largest district cooling market.
The Middle East and Africa are expected to dominate the district cooling market during the forecast period due to shift in the electricity demand and supply balance in the Middle East & Africa and Asia Pacific regions have resulted in the wider use of district cooling, which has enabled utilities and developers to balance power supply and effectively manage its usage. District cooling is being promoted as a way of addressing energy shortages, energy demand, and global warming in the Middle East & Africa, and Asia PacificTo enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the district cooling market.
The leading players in the District Cooling Market are Emirates Central Cooling System Corporation (UAE), National Central Cooling Company PJSC (UAE), Emirates District Cooling LLC (UAE), Shinryo Corporation (Japan), ADC Energy Systems LLC (UAE), Keppel DCHS PTE LTD (Singapore), LOGSTOTR A/S (Denmark), Ramboll Group A/S (Denmark), Siemens AG (Germany), Stellar Energy (USA), and District Cooling Company LLC (UAE) and others.
Content Source: https://www.marketsandmarkets.com/PressReleases/district-cooling.asp
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: newsletter@marketsandmarkets.com
About MarketsandMarkets™:
MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release District Cooling Market worth $1,177 Million by 2026 | Siemens, Stellar Energy, Emicool, Keppel DHCS, Ramboll, Shinryo, Emirates Central Cooling, ADC Energy Systems. here
News-ID: 3512902 • Views: …
More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…

With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…

Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…

Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
More Releases for Middle
Coupon Craze Hits the Middle East: Introducing Middle East's Elite Coupon Platfo …
The Middle East is about to experience a great shift with the launch of Claimea, the region's elite coupon platform set to revolutionize how people save while shopping online. Considering the growing trend of online coupons, Claimea offers a comprehensive solution for shoppers looking for working and verified deals.
Claimea aims to enhance the shopping experience for consumers across the Middle East. With an interactive user interface and well-known partner merchants,…
Middle East Travel Retail
Report Overview
The report covers exhaustive analysis of the Middle east travel retail market in terms of qualitative and quantitative aspects. The report provides in-depth information on market size & forecast, current market trends, driving & restraining factors, challenges, and future opportunities of the Middle east travel retail market. The report provides analysis on key market segments along with market size and forecast information for each of the segments. The report…
Middle East Auto Component Market Significant Growth over Forecast Period 2020-2 …
Auto Component Market is those markets which are manufacture components or parts required in the automobile industry. Middle East Auto Components market was valued at $ 28 billion in 2019 and is expected to surpass $ 39.7+ billion by 2028. Projected growth in the market can be recognized as snowballing automobile vehicle fleet and rising manufacture and infrastructural activities across different countries of the region. Moreover, mounting demand for vehicle…
Studying the Middle East Yacht Market,Studying the Middle East Yacht Industry, S …
Latest industry research report on: Studying the Middle East Yacht Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
Our analysts believe that the long-term outlook for the yacht market in the Middle East is positive. Demand for yachts in the Middle East has remained stable and is expected to continue being so. Yachting has emerged as a key aspect of the luxury lifestyle in the…
Middle East Railway Sector Middle East Railway Sales Report
For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990
Report Table of Contents
Middle East Outlook
1.1 Countries Overview
1.2 Middle East Economy
1.3 Transportation in Middle East
Middle East Rail Transport Outlook
2.1 Overall Status of Rail Transport in Middle East
2.2 Trends in Railway Infrastructure Development in Middle East
Saudi Arabia
3.1 Existing Railway Infrastructure
3.2 Proposed/Planned Railway Infrastructure
3.3 Regulatory Framework
3.4…
Middle Ear Implants Market
Middle Ear Implants Market Overview
Middle implant ear is a small device inserted into the middle ear and coupled to ossicles. Middle ear implants are devices designed for those who suffer mild- moderate mix or sensorineural hearing loss and conductive hearing loss. Middle ear implant is an advanced technology for the conventional use of hearing aid. A middle ear implant is recommended for people suffering from earmould allergies, skin problems, ear…