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District Cooling Market 2020| Application and Future Forecast by 2026

Author : Ronak Bora | Published Date : 2020-08-20 

The European district cooling market has been growing at a stagnant rate between 1% to 3% with very few significant developments being taken place. The ongoing R&D activities and stringent regulatory framework for carbon emissions, it can be expected that the industry effectively will grow across the region. Furthermore, a paradigm shift toward sustainable energy solutions owing to the economic and environmental benefits will provide opportunities for business expansion.

The rising global warming concerns have prompted the world to undertake urgent damage control initiatives. District cooling market primarily benefits from this proliferating trend that is gaining traction across most countries worldwide. For instance, Paris has taken a step further in expanding its district cooling system which makes use of underground pipe network. It has been claimed that the expansion of the cooling network would form a part of the criteria in the latest tender for the operation of the network which since last 30 years has been operated by Climespace.

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This expansion is most likely to produce positive industry outlook for Paris in the regional hierarchy of district cooling market during 2020-2026. This move is undeniably, also indicative of the rising demand that district cooling systems may have in the coming years.

Companies are now showcasing high inclination towards deploying smart and sustainable technologies. The adoption of these technologies in tandem with stringent government laws regarding the reduction of carbon emissions would accelerate the demand of district cooling systems on a large scale globally over the forecast period.

In this regard, it is prudent to mention that the demand for renewable energy technologies is also effectively rising. Various country governments are heftily investing towards the incorporation of clean energy technology for the promotion of sustainable living. Additionally, the fluctuating climatic conditions across the regions of Central Europe, South Asia and MEA have strongly propelled the industry dynamics over the years.

Some major findings of the district cooling market report include:

  • Demand for sustainable energy cooling technologies is growing on account of exponential increase in cooling consumption.
  • Stringent energy efficiency norms & regulations to reduce emissions is anticipated to drive the industry growth.
  • Accelerating investments toward clean energy technology
  • Leading players in the district cooling market includes Ramboll, Danfoss, Vattenfall, Veolia, Fortum and Engie
  • Industry players are focusing toward extensive research & development activities and numerous initiatives to augment their industry presence.
  • Regulatory authorities are aiming toward emission reductions and energy efficiency which has led to a significant increase in the DC installation.

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The key players dominating the global DC market include Danfoss, Vattenfall, Ramboll, Engie, Fortum, and Veolia.

Table of Contents (ToC) of the report:

Chapter 4    District Cooling Market, By Production Technique

4.1    District cooling market share by production technique, 2019 & 2026

4.2    Free cooling

4.2.1    Global market from free cooling, 2015 - 2026

4.2.2    Global market from free cooling, by region, 2015 – 2026

4.3    Absorption cooling

4.3.1    Global market from absorption cooling, 2015 - 2026

4.3.2    Global market from absorption cooling, by region, 2015 – 2026

4.4    Heat pumps

4.4.1    Global market from heat pumps, 2015 - 2026

4.4.2    Global market from heat pumps, by region, 2015 – 2026

4.5    Electric chillers

4.5.1    Global market from electric chillers, 2015 - 2026

4.5.2    Global market from electric chillers, by region, 2015 – 2026

4.6    Others

4.6.1    Global market from others, 2015 - 2026

4.6.2    Global market from others, by region, 2015 – 2026

Chapter 5    District Cooling Market, By Application

5.1    District cooling market share by application, 2019 & 2026

5.2    Residential

5.2.1    Global market from residential, 2015 - 2026

5.2.2    Global market from residential, by region, 2015 – 2026

5.3    Commercial

5.3.1    Global market from commercial, 2015 - 2026

5.3.2    Global market from commercial, by region, 2015 – 2026

5.3.3    College/University    Global market from college/university, 2015 - 2026    Global market from college/university, by region, 2015 – 2026

5.3.4    Office buildings    Global market from office buildings, 2015 - 2026    Global market from office buildings, by region, 2015 – 2026

5.3.5    Government buildings    Global market from government buildings, 2015 - 2026    Global market from government buildings, by region, 2015 – 2026

5.3.6    Others    Global market from others, 2015 - 2026    Global market from others, by region, 2015 – 2026

5.4    Industrial

5.4.1    Global market from industrial, 2015 - 2026

5.4.2    Global market from industrial, by region, 2015 – 2026

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/district-cooling-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia 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. [email protected] | https://twitter.com/RonakBora26

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