Global District Heating and Cooling Market: Big Players Foraying into Manufacturing likely to Up Competition, finds TMR
Under such a scenario, new entrants sans proper government patronage or large-scale infrastructure project handling capacity might find it difficult to gain a foothold in the market. This is because maximum risk is posed during the construction phase, which requires astute developers with sound financial standing. Some of the big names operating in the industry are ADC Energy Systems LLC, Emirates Central Cooling Systems Corporation (EMPOWER), Emirates National Central Cooling Company PJSC (Tabreed), KELAG Wärme GmbH, and Keppel DHCS Pte. Ltd.
The global sales of district heating is slated to expand at a CAGR of 6.07% from 2015 to 2023 and the sales of district cooling is expected to register a CAGR of 7.3% during the same period. In terms of revenue, the global district heating market is predicted to reach a value of US$211.63 bn in 2023 while the district cooling market is expected to reach US$17.81 bn in 2023.
Get PDF Brochure for more Professional and Technical industry insights: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4940
District Heating Enjoys Stronghold owing to its Mature Technology
District heating and cooling are together often referred to as district energy. Among the two, district heating is a more mature technology, which has resulted in its higher adoption across the world as compared to cooling. In fact, district heating commands a lion’s share of the market and is slated to maintain its dominance in the coming years as well. In 2014, for example, its market share vis-à-vis district energy sales was a staggering 93.76% globally.
The district heating market enjoys a stronghold in Asia Pacific, Europe, and North America, where installations date back to decades. In terms of both volumes and revenue, Asia Pacific has dominated the market. In 2014, the region topped the district heating energy sales by accounting for a 55.14% share. Its share is slated to further increase in the coming years. China is the leading market for district heating both in Asia Pacific and globally. Robust policy-based support mechanisms and the expansion of district heating networks to regions wherein DH infrastructure is underdeveloped are some of the major driving factors for the market in China.
Economies of Scale Benefits Market
The primary factor benefiting the global market for district heating and cooling is its cost effectiveness and better returns on investments through economies of scale. “It has been observed that opting for a DHC system helps reduce overall boiler costs and staffing expenditures, and boosts boiler efficiency; additionally, DHC systems are more beneficial for the environment. As the DHC system is shared among numerous households, it leads to better capacity utilization and fuel efficiency as compared to stand-alone boilers, which are completely dependent upon the demand profiles of individual households,” explains the analyst of the TMR report.
Hobbling the market’s growth, points out the analyst, is high initial investments in constructing the plant, building extensive underground pipeline networks, and connections. Besides this, the payback period is long enough to deter new players from entering the industry. “Factors such as relatively nascent technology, lower progression along the learning curve, and high risk perception by investors significantly raise the overall cost of financing DHC projects,” adds the analyst.
Complete Report with TOC : http://www.transparencymarketresearch.com/district-heating-cooling-market.html
This review is based on the findings of a TMR report titled “District Heating and Cooling Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016-2024.”
Global District Heating and Cooling Market, by Technology Type
Global District Heating and Cooling Market, by Components Type
Global District Heating and Cooling Market, by Distribution Type
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
90 Sate Street, Suite 700
Albany, NY 12207
This release was published on openPR.
Permanent link to this press release:
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 Global District Heating and Cooling Market: Big Players Foraying into Manufacturing likely to Up Competition, finds TMR here
News-ID: 391439 • Views: 723
More Releases from TMR- Research Reports
Histone Methyltransferases Market by Global Industry Research 2019
Histones are the major protein constituents of eukaryotic nucleus. Histone methyltransferases catalyzes the transfer of methyl group to lysine and arginine residues of the histone protein. It catalyzes the reaction with the help of SN-2 mechanism where transfer of methyl group from S Adenosyl Methionine to amino group of target lysine takes place. There are seven histone methyltransferase includes EZ, SET1, SET2, SMYD, SUV39, SUV4-20 and RIZ. The main function
Healthcare Mobility Solutions Market Advancements in Wireless Networks to Drive …
Focus on Reducing Healthcare Costs Drives Global Market The constantly growing and evolving medical needs have been the driving force behind the evolution of healthcare mobility solutions. The aim of these solutions is to reduce the healthcare costs and to provide the patients an optimum solution in the least possible time. The simplicity of this objectivity has been successfully achieved by the development of healthcare mobility solutions’ products and services such
Condiment Sauces Market is Expected to Exhibit a positive CAGR of 3.2% from 2014 …
Condiment sauces are used in food to enhance taste, flavor or as a complimentary item in different dishes. It is used either as table dips or in cooking or as both. The condiments sauces market has experienced a diversified trends across different regions such as North America, Europe, Asia Pacific and RoW. The Global condiment sauces market is expected to witness rapid changes due to fast changing eating patterns across
Active and Modified Atmosphere Packaging Market Rises With Growing Consumer Dema …
In the presence of normal air, food products such as meat, poultry, fish, fruits, vegetables, and bakery products perish quickly due to biochemical reaction of oxygen with products, and the growth of microorganisms, which degrade the product quality. The biochemical reactions or effects of microorganisms tend to change the color, taste, texture, and smell of the product leading to overall deterioration in the quality of product. Cold storage facilities, for sure,
More Releases for District
District Heating Market 2024: Complete Research Report
District Heating Market is expected to grow at over 3% CAGR to surpass USD 280 Billion by 2024. Stringent government regulations towards carbon emission coupled with supportive policies towards district heating projects will propel the industry growth. Government of Scotland has set up district heating loan fund to overcome technical and financial barriers in installation of heating systems. The fund facilitates unsecured loans with low interest rates with repayment years
Invest in Liverpool’s Most Exciting District
Liverpool is renowned for having a thriving rental market that is ideal for investors due to low house prices. Individuals can achieve some of the highest rental yields in this north west English city and with the fastest growing economy outside of London, it is predicted to attract more young professionals who will require somewhere to stay. The L3 district of Liverpool is regenerating, and investors are starting to take notice.
Global District Cooling Market Research Report 2017
Summary This report studies District Cooling in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Emirates Central Cooling System National Central Cooling Emirates District Cooling Shinryo ADC Energy Systems Keppel DCHS PTE Logstor Ramboll Siemens Stellar Energy Pal Technology Qatar Cool DC Pro Engineering Danfoss District Energy Veolia Systems SNC Lavalin Marafeq Qatar Gas District Cooling Fortum United Cooling Get Sample Report @ http://www.reportbazzar.com/request-sample/?pid=878040&ptitle=Global+District+Cooling+Market+Research+Report+2017&req=Sample Market Segment by Regions, this
"Sherwood" - Highly Regarded Monaro District Property
Over 80 Years Ownership Large Scale & Versatile Sheep and Cattle Breeding Enterprise Comprising Alluvial River Flats & Fertile Basalt Grazing Country Approx. 6.5km MacLaughlin River Frontage Approx. 3,682.89 ha – 9,100 acres (freehold) Approx. 1,189.26ha – 2,939 acres (available for lease) - Well located - 55km south of Cooma, 175km Canberra, approx. 1 ½ hours South Coast beaches & 1 ¼ hours snowfields - Excellent balance of country - ranging from alluvial
District Cooling Is The Future Of Cooling
At current levels, 70 percent of annual peak electricity consumption is used by air conditioning units to meet the cooling demands in Saudi Arabia and the demand is expected to nearly triple by 2030. It is expected that by year 2030, 1.5 million barrels of oil per day will be needed to power air-conditioning units. Prudent developers and authorities are turning to District Cooling (DC) technology as it has proven,
District Cooling – solution for Kuwait’s cooling needs
Fleming Gulf will host Power and District Cooling Summit under the esteemed patronage of The Ministry Of Electricity & Water, Kuwait between 29 April – 01 May 2012 at JW Marriott in Kuwait. Eng. Ahmed Khaled Al-Jassar, Undersecretary and Dr. Mishan Al Otaibi – Assistant Undersecretary Planning and Training from The Ministry Of Electricity & Water, Kuwait will join industry leaders to advocate the need for effective and efficient technologies for