District cooling Market Sales, Supply, Demand, Analysis & Forecast to 2025

Posted by Faraz on January 31st, 2020

Regional cooling is a centralized production and distribution system of cooling energy. Used for space cooling in offices, houses, apartments and industries. Cold water is distributed through insulation pipes to cool the indoor environment of buildings in the area. The system is designed based on individual building energy requirements, and water is used to lower the air temperature in the facility. In addition, the energy required to operate the system is mainly generated by electric coolers, free cooling and absorption cooling.

Global District Cooling Market was valued USD 20.2 Bn in 2018 and is expected to reach USD 36.2 Bn by 2026, at a CAGR of +7% during a forecast period.

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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

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, Fortum, United Cooling, Danfoss District Energy, Veolia Systems, SNC Lavalin, Marafeq Qatar

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By the product type, the market is primarily split into

Free Cooling

Absorption Cooling

Electric Chiller

By the end users/application, this report covers the following segments

Commercial

Residential

Industrial

Along with the development of sustainable building solutions, continuous adoption of sustainable and efficient cooling systems to achieve energy saving goals will foster regional cooling markets. In addition, industry growth will be accelerated as the adoption of sustainable technologies increases, along with strict regulatory standards for emission reduction. In addition, the surface temperature ranges of the Middle East, Central Europe and South Asian countries will rise, and extreme climatic conditions will encourage product adoption.

 

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Faraz

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Faraz
Joined: November 26th, 2019
Articles Posted: 232

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