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Europe District Cooling Market Outlook by Industry Statistics and Growth Forecast Analysis To 2024

Author : Ronak Bora | Published Date : 2020-09-10 

Europe district cooling market size is expected to surpass a revenue collection of USD 40 billion by 2024. Powered by the countless number of efficient initiatives undertaken by the European Union, Europe district cooling industry share has witnessed a commendable incline since the last couple of years. In fact, the regional business valuation in 2017, had been pegged at USD 35 billion. As the requirement for decarbonization and energy efficient facilities increase, Europe district cooling industry demand is likely to witness an upsurge. Additionally, the continent has been observing an influx of projects focusing on the renovation of conventional district cooling systems for optimized energy usage.

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 market, the acquisition contributed toward augmenting NIBE’s position in the regional industry.

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Ease of parity, high standard of maintenance & operations and economies of scale in long run are some of the prominent features which will foster the Europe district cooling market share. In addition, the high flexibility and reliability of systems with numerous production technologies will positively influence the business landscape. Extreme climatic conditions across the region including Germany, Sweden and Italy will boost the product adoption. For instance, the number of annual cooling days in 2017 in Italy were 295 when compared with 200 in 2016.

Sweden district cooling market is predicted to reach over 3,000 TJ by 2024. Growing adoption of sustainable energy technologies on account of ambitious government targets will foster the industry growth. In addition, the geographical proximity of nation across the Gulf stream has also paved ways for the development of DC systems. In 2017 the government of Sweden has strategic initiatives to invest USD 103.7 billion for the development of clean energy technologies by 2020.

The increasing demand for commercial floor space owing to developing service sector across the region will stimulate the commercial district cooling market. The enduring investments toward infrastructural development along with increasing emphasis on sustainable building solutions and energy efficiency will further accelerate the industry growth. In 2016, according to the European real estate sector the investments across commercial properties were valued around USD 107.8 billion.

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Eminent industry players in the Europe district cooling market includes Ramboll, Vattenfall, Veolia, Helen Oy, Engie, Wein Energi, Alfa Laval, Siemens, Fortum, Logstor and Goteborg Energi. The leading industry players are focusing on product customization and R&D activities as a major strategic position to sustain their presence across the region.

Table of Contents (ToC) of the report:

Chapter 1. Methodology and Scope

1.1. Methodology

1.1.1.   Initial data exploration

1.1.2.   Statistical model and forecast

1.1.3.   Industry insights and validation

1.1.4.   Market definition & forecast parameters

1.2. Data Sources

1.2.1.   Primary

1.2.2.   Secondary

Chapter 2. Executive Summary

2.1. Europe district cooling industry 3600 synopsis, 2013 - 2024

2.1.1.   Business trends

2.1.2.   Production technique trends

2.1.3.   Application trends

2.1.4.   Regional trends

Chapter 3. Europe District Cooling Market Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024

3.3. Industry ecosystem analysis

3.3.1.   Vendor Matrix

3.4. Innovation & sustainability

3.5. Regulatory landscape

3.6. Cost structure analysis

3.6.1.   Levelized cost of district cooling

3.6.2.   Network cost of district cooling

3.6.3.   Comparative cost of district cooling sources

3.7. Renewable energy share in district heating & cooling, 2010 – 2013

3.8. Installed district cooling capacity across key countries

3.9. Development of future district heating & cooling solutions

3.9.1.   INDIGO

3.9.2.   FLEXYNETS

3.9.3.   E2District

3.9.4.   InDeal

3.9.5.   H-Disnet

3.10. Case study analysis – Integrated DHC system in Stockholm

3.10.1. Project overview

3.10.2. Policies & incentives supporting the DHC

3.10.3. Key facts & figures

3.11.   Industry impact forces

3.11.1. Growth drivers

3.11.1.1.    Growing norms toward zero emission buildings

3.11.1.2.    Extreme climatic conditions

3.11.1.3.    Growing focus toward adoption of sustainable energy

3.11.2. Industry pitfalls & challenges

3.11.2.1.    High capital cost

3.12.    Growth potential analysis

3.13.    Porter's analysis

3.14.    Competitive landscape

3.14.1. Strategy dashboard

3.15. PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/europe-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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