+1-888-308-5802     
News Contact Us

District cooling market for Heat pump to grow extensively with 2% CAGR by 2024

Author : Ronak Bora | Published Date : 2019-05-06 

Heat pump district cooling market is expected to witness significant growth in the coming years. Increasing adoption of product across Northern Europe owing to its ease of compatibility with conventional heating technology will foster the industry growth. These pumps are being widely used for cooling and heating purposes across residential and commercial establishments. The technology uses waste heat to generate energy thereby, reducing the carbon emissions effectively when compared with its competitive counterparts.

Request for a sample of this research report @

https://www.gminsights.com/request-sample/detail/2478

Technological advancement in product development and design along with ongoing R&D activities will propel the product growth. Increasing government focus toward sustainable and energy efficient establishments along with stringent emission reduction targets will propel the district cooling market in Europe. The EU’s “Renewable Energy Directive” has enforced standards toward the limitation and reduction of emissions caused by industries established across the region.

Europe district cooling industry By Production Technique

  • Free Cooling
  • Absorption Cooling
  • Heat Pumps
  • Others

Europe district cooling market By Application

  • Residential
  • Commercial
    • College/University
    • Office Buildings
    • Government Buildings
    • Others
  • Industrial

Make an inquiry for purchasing this report @

https://www.gminsights.com/inquiry-before-buying/2478

France district cooling market will grow on account of stringent government norms toward the adoption of energy efficient technologies along with accelerating population across the nation. In addition, the ongoing development of energy management systems coupled with increasing investments toward innovative energy efficiency solutions will stimulate the DC grid network.

Europe district cooling market, in recent times, has been witnessing an exponential growth graph, owing to the growing need for energy optimization and the massive deployment of these cooling systems across the continent. Given that the installation of these systems primarily revolves around reduced energy consumption, Europe district cooling industry is extensively regulatory-driven. According to the European Union, the demand for cooling systems has been observing a remarkable surge across the residential and commercial sectors, especially in summer. However, in order to ensure optimized usage and lower energy consumption the EU has been encouraging end-users to upgrade existing cooling systems with more efficient technologies, that would add a new growth dimension for Europe district cooling industry players.

Taking into account the expanding renewable energy sector across Europe, established companies in Europe district cooling market have been implementing robust growth tactics such as JVs and M&As. Merely a few weeks earlier, NIBE Industrier acquired Alfa Laval’s district cooling systems business unit and conveniently extended its customer base across France, Sweden, U.K., Finland, Czech Republic, and Russia. Given that Alfa Laval is already an established player in Europe district cooling industry, the acquisition contributed toward augmenting NIBE’s position in the regional industry.

Browse Full Report @ https://www.gminsights.com/industry-analysis/europe-district-cooling-market

Notable players catering the Europe district cooling market include Engie, Logstor, Alfa Laval, Ramboll, Siemens, Veolia, Helen, Wien Energi, Vattenfall, Goteborg Energi, and Fortum. Major industry players are focusing toward product customization and continuous research and development activities as a key strategy to sustain their presence across the region.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

Related News

Ethylene Glycol Monostearate Market Trends 2024 Comprehensive Study Explores Huge Growth in Future

Published Date: 2019-05-23         Author: Ronak Bora

The Global Ethylene Glycol Monostearate Market Report 2018-2024 analyzes the important factors of this market based on present industry situations, market demands, business strategies utilized by the market players and their growth synopsis. This report divides based on the key players, type, applic... Read More

3-Hexenyl Salicylate Market Size 2024 - What Are The Main Factors That Contributing Towards Industry Growth?

Published Date: 2019-05-23         Author: Ronak Bora

Global Market Insights, Inc. newly added the 3-hexenyl salicylate market Report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, and forecast in the coming years. 3-hexenyl salicylate market share contributors are also used in producing cl... Read More

Dihydromyrcenol Market 2024 Forecasts On Regional Growth, Industry Players And Size

Published Date: 2019-05-23         Author: Ronak Bora

Global Market Insights, Inc. recently introduced new title on 2016-2024 Dihydromyrcenol Market Report from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2024. Based on application, the dihyd... Read More

© 2019 Fractovia. All Rights Reserved