Global District Cooling Market Share, Size, Trends, Industry Analysis Report, By Production Technique (Free Cooling, Absorption Cooling, Electric Chillers); By Application (Commercial, Residential, Industrial); By Region; Segment Forecast, 2023 - 2032

Global District Cooling Market Share, Size, Trends, Industry Analysis Report, By Production Technique (Free Cooling, Absorption Cooling, Electric Chillers); By Application (Commercial, Residential, Industrial); By Region; Segment Forecast, 2023 - 2032

The Global district cooling market size is expected to reach USD 1,371.5 million by 2032, according to a new study by Polaris Market Research. The report “Global District Cooling Market Share, Size, Trends, Industry Analysis Report, By Production Technique (Free Cooling, Absorption Cooling, Electric Chillers); By Application (Commercial, Residential, Industrial); By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

District cooling systems consist of components that work together to provide efficient cooling for multiple buildings in a centralized manner. The features of a district cooling system include water treatment, controls, energy transfer stations (ETS), piping distribution, pumps, cooling towers, chillers, chiller plants, auxiliary equipment, and district cooling system (DCS) components.

District cooling systems consist of components that work together to provide efficient cooling for multiple buildings in a centralized manner. The features of a district cooling system include water treatment, controls, energy transfer stations (ETS), piping distribution, pumps, cooling towers, chillers, chiller plants, auxiliary equipment, and district cooling system (DCS) components.

Water treatment is a crucial component of a district cooling system. The water used in the system must be treated to prevent scale formation, corrosion, and microbiological growth, which can impact the system's efficiency and reduce its lifespan. Water treatment involves filtration, softening, and chemical treatment.

Controls are used to regulate and monitor the operation of the district cooling system. The controls ensure that the system operates within specified parameters and that energy is used efficiently. They also help to optimize the performance of the system and reduce downtime.

Energy transfer stations (ETS) are located in individual buildings and are responsible for transferring heat between the building and the district cooling system. ETS is equipped with heat exchangers that allow heat transfer from the building's cooling system to the district cooling system.

Piping distribution is used to transport the chilled water from the chiller plant to the energy transfer stations in the buildings. The piping network is designed to minimize pressure losses and ensure that the chilled water is delivered at the correct temperature.

Global District Cooling Market Report Highlights

The growth of the bearing pads segment is attributed to several factors, including the increasing demand for high-performance vessels, the growing emphasis on safety and comfort, and the rising demand for energy-efficient solutions.

District Cooling technology finds its applications in various industries, and the HVAC vibration segment is one of the significant contributors to its revenue share. HVAC systems are used in commercial and residential buildings to maintain the indoor air quality, temperature, and humidity levels.

North America is expected to witness a high CAGR in the global market throughout the forecast period. A district chilling network links many organizations and airports in the U.S. This, combined with the growing market demand for ACs, is expected to create market expansion opportunities. The increasing replacement of traditional chilling systems with sustainable DC units will push the size of the district cooling market in the US.

The global players include ADC Energy Systems, Alfa Laval AB, Danfoss, DC Pro Engineering, Emicool, Empower, Fortum, Gas District Cooling (M) Sdn. Bhd, Keppel Corporation Limited, Marafeq Qatar, PAL Cooling Holding (PCH), Ramboll Group A/S, Shinryo Corporation, Siemens AG, SNC Lavalin Group, Stellar Energy, Tabreed, and Veolia.

Polaris Market Research has segmented the Global District Cooling Market report based on Production Technique, Applicationl and Region:

Global District Cooling Market, Production Technique Outlook (Revenue, USD Million, 2019-2032)

Free Cooling

Absorption Cooling

Electric Chillers

Global District Cooling Market, Application Outlook (Revenue, USD Million, 2019-2032)

Commercial

Residential

Industrial

Global District Cooling Market, Regional Outlook (Revenue - USD Million, 2019-2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa