District Heating and Cooling Market Worth US$ 229 Billion Globally by 2023

New York, March 02: Market Research Engine has published a new report titled as “Global District Heating and Cooling Market Analysis by Size, Share, Trends, Growth and Forecast 2015 - 2023”

The district heating and cooling market is expected to exceed more than US$ 229 Billion by 2023 growing at a CAGR of around 5.7% in the given forecast period 2016 to 2023.

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District heating is the process of distributing heats which is located centrally and produces heat. It is distributed in commercial and residential heating requirements include water heating and space heating. District cooling is reverse of district heating system which works same principles as district heating. It supply cooled water to residential and commercial buildings. District heating and cooling system offers variety of services such as hot water, cold water, space heating and space cooling. It contains various component includes pipes, pumps, valves, evaporators, heat exchangers, heaters and chillers. These systems are less polluting and very efficient than other system such as electrical heater, air conditioners, electrical heater and individual traditional oil heater.

The major driving factors of district heating and cooling market are as follows:

Good returns and cost savings on investment produced via economy level

Flexibility of production choices for such methods considerably mitigates generation cost and fuel risk

Advantageous incentive methods and regulatory outline accelerating acceptance of DHC system among geographies.

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The restraints factors of district heating and cooling market are as follows:
High capital cost related with pipeline network, construction of plant and connection hinder brisk capacity additions.

The district heating and cooling market is segmented on the lines of its technology and geography. Under technology segmentation it covers district heating and cooling heating technology. The district heating and cooling market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

1) An overview of the global market for district heating and cooling and related technologies.

2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2023.

3) Identifications of new market opportunities and targeted promotional plans for district heating and cooling.

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

REPORT SCOPE:

The scope of the report includes a detailed study of global and regional markets for various types of coatings with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include ADC Energy Systems LLC, Emirates Central Cooling Systems Corporation (EMPOWER), Emirates District Cooling LLC (Emicool), Emirates National Central Cooling Company PJSC (Tabreed), KELAG Wärme GmbH, Keppel DHCS Pte. Ltd., Logstor A/S, Ramboll Group A/S, Shinryo Corporation, and Tekla Corporation.. Company profile includes assign such as company summary, financial summary,business strategy and planning, SWOT analysis and current developments.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The District heating and Cooling Market has been segmented as below:

by Technology Analysis

District Heating
District Cooling

by Regional Analysis

North America
Europe
Asia-Pacific
Rest of the World

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