Global district cooling market stood at $21.82 billion in 2016 and is projected to exhibit a CAGR of over 14% to reach up to $ 79.92 billion by 2026, on account of rising demand for low cost and highly efficient cooling systems. Hence, propelling demand for district cooling systems globally. Moreover, growing environmental concerns and rising need to conserve energy are anticipated to propel growth in global
Years considered for this report
- Historical Years
2012-2015
- Base Year2016
- Estimated Year2017
- Forecast Period
2017–2026
Objective of the Study
- To define, classify and forecast global district cooling market on the basis of type, end use sector and regional
distribution.
- To analyses and forecast global market size of
district cooling systems, in terms of value and volume.
- To scrutinize detailed market segmentation and
forecast market size, in terms of value and volume, on the basis of end
use sector and by segmenting global market into five regions, namely – Middle
East & Africa, North America, Asia-Pacific, South America and Europe.
- To identify the tailwinds and headwinds for global
district cooling market.
- To analyze and forecast market size, in terms of value
and volume, for district cooling with respect to key end use sectors such
as Commercial, Residential and Industrial.
- To examine competitive developments such as
expansions, new product launches, supply contracts, and mergers &
acquisitions, in global district cooling market.
- To strategically profile the leading players in the
market which are involved in the supply of district cooling technology,
globally.
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Global district cooling market is controlled by these major players, namely– Emirates Central Cooling Systems Corporation(EMPOWER), ADC Energy System LLC, Logstor A/S, Danfoss District Energy A/S, Shinryo Corporation, Fortum Corporation, National Central Cooling Company, Veolia Environment SA, SNC Lavalin, Keppel DHCS PTE Ltd, Siemens A/G, Ramboll Group A/S, Emirates District Cooling LLC,
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of district cooling service providers in more than 80 countries across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research was able to include manufacturers that could not be identified, due to limitations of secondary research. Market Insights Research analyzed product offerings and regional presence of all major district cooling service provider across the globe.
Market Insights Research calculated the market size for global district cooling using a bottom-up approach, where district cooling systems providers volume sales data in various end use sectors (residential, commercial and industrial) were recorded and forecast for same has been done for the coming years. Market Insights Research sourced these values from industry experts and company representatives, and then externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as secondary sources directories, databases such as United Nation, GCC projects databases, MEED, AGFW, company annual reports, white papers, investor presentations and financial reports were also used by the Market Insights Research.
Key Target Audience
- District Cooling Technology Manufacturers
- District Cooling Technology Suppliers
- End use sectors of district cooling technology such as
Residential, Commercial and Industrial
- Research organizations and consulting companies
- Associations, organizations, forums and alliances
related to district cooling
- Government bodies such as regulating authorities and
policy makers
- Industry associations
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors & dealers, industry experts and customers, which market segments should be targeted in the coming years, in order to strategize investments and capitalize on growth opportunity in the market.
