District Cooling Market Size- By Technology, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global District Cooling Market Overview
According to SPER Market Research, the Global District Cooling Market is estimated to reach USD 68.51 billion by 2032 with a CAGR of 9.15%. Installation of district cooling(DC) technology throughout established and developing economies may support the expansion of this sector. The dynamics of the market are anticipated to change due to the high demand for energy-efficient systems. Due to the growing demand to reduce energy usage, the market share for district cooling will see a large increase. Comparing DC systems to conventional air- and water-cooled air conditioners, DC systems saves energy.
Impact of COVID-19 on the Global District Cooling Market
The COVID-19 has had a negative impact on the expansion of the worldwide district cooling market. The pandemic has decreased the need for district cooling. To limit the spread of COVID-19, governments around the world have been forced to curtail corporate operations. As partial or complete lockdowns were implemented to stop the spread of the virus, businesses across several geographies were forced to shut down their manufacturing plants and services.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Technology, By End User
Regions covered Asia Pacific, Europe, Middle East and Africa North America, Latin America
Companies Covered ADC Energy Systems LLC, Danfoss, Emirates Central Cooling System Corporation, Emirates District Cooling LLC, ENGIE, Enwave Energy Corporation,.
Global District Cooling Market Segmentation:
By Region: For DC makers, the Middle East and Africa are predicted to become lucrative markets. Additionally, the presence of top businesses and the adoption of beneficial legislation would strengthen the region's standing in the world market. During the evaluation period, the district cooling market in North America will expand.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER’s internal database
- 2.1.4 Premium insight from KOL’s
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global District Cooling Market
- 5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER’S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
- 6. Competitive Landscape
- 6.1 Global District Cooling Manufacturing Base Distribution, Sales Area, Product Type
- 6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global District Cooling Market
- 7. Global District Cooling Market, By Technology, 2019-2032 (USD Million)
- 7.1 Absorption Chillers
- 7.2 Electric Chillers
- 7.3 Others
- 8. Global District Cooling Market, By End User, 2019-2032 (USD Million)
- 8.1 Commercial
- 8.2 Industrial
- 8.3 Residential
- 9. Global District Cooling Market, By Region, 2019-2032 (USD Million)
- 9.1 Global District Cooling Size and Market Share by Region (2019-2025)
- 9.2 Global District Cooling Size and Market Share by Region (2026-2032)
- 9.3 Asia-Pacific
- 9.3.1 Australia
- 9.3.2 China
- 9.3.3 India
- 9.3.4 Japan
- 9.3.5 South Korea
- 9.3.6 Rest of Asia-Pacific
- 9.4 Europe
- 9.4.1 France
- 9.4.2 Germany
- 9.4.3 Italy
- 9.4.4 Spain
- 9.4.5 United Kingdom
- 9.4.6 Rest of Europe
- 9.5 Middle East & Africa
- 9.5.1 Kingdom of Saudi Arabia
- 9.5.2 United Arab Emirates
- 9.5.3 Rest of Middle East & Africa
- 9.6 North America
- 9.6.1 Canada
- 9.6.2 Mexico
- 9.6.3 United States
- 9.7 Latin America
- 9.7.1 Argentina
- 9.7.2 Brazil
- 9.7.3 Rest of Latin America
- 10. Company Profiles
- 10.1 ADC Energy Systems LLC
- 10.1.1 Company details
- 10.1.2 Financial outlook
- 10.1.3 Product summary
- 10.1.4 Recent developments
- 10.2 Danfoss
- 10.2.1 Company details
- 10.2.2 Financial outlook
- 10.2.3 Product summary
- 10.2.4 Recent developments
- 10.3 Emirates Central Cooling System Corporation
- 10.3.1 Company details
- 10.3.2 Financial outlook
- 10.3.3 Product summary
- 10.3.4 Recent developments
- 10.4 Emirates District Cooling LLC
- 10.4.1 Company details
- 10.4.2 Financial outlook
- 10.4.3 Product summary
- 10.4.4 Recent developments
- 10.5 ENGIE
- 10.5.1 Company details
- 10.5.2 Financial outlook
- 10.5.3 Product summary
- 10.5.4 Recent developments
- 10.6 Enwave Energy Corporation
- 10.6.1 Company details
- 10.6.2 Financial outlook
- 10.6.3 Product summary
- 10.6.4 Recent developments
- 10.7 Keppel Corporation Limited
- 10.7.1 Company details
- 10.7.2 Financial outlook
- 10.7.3 Product summary
- 10.7.4 Recent developments
- 10.8 Logstor A/S
- 10.8.1 Company details
- 10.8.2 Financial outlook
- 10.8.3 Product summary
- 10.8.4 Recent developments
- 10.9 Marafeq Qatar
- 10.9.1 Company details
- 10.9.2 Financial outlook
- 10.9.3 Product summary
- 10.9.4 Recent developments
- 10.10 National Central Cooling Company PJSC
- 10.10.1 Company details
- 10.10.2 Financial outlook
- 10.10.3 Product summary
- 10.10.4 Recent developments
- 10.11 Ramboll Group
- 10.11.1 Company details
- 10.11.2 Financial outlook
- 10.11.3 Product summary
- 10.11.4 Recent developments
- 10.12 Shinryo Corporation
- 10.12.1 Company details
- 10.12.2 Financial outlook
- 10.12.3 Product summary
- 10.12.4 Recent developments
- 10.13 Singapore Power Ltd.
- 10.13.1 Company details
- 10.13.2 Financial outlook
- 10.13.3 Product summary
- 10.13.4 Recent developments
- 10.14 SNC-Lavalin
- 10.14.1 Company details
- 10.14.2 Financial outlook
- 10.14.3 Product summary
- 10.14.4 Recent developments
- 10.15 Stellar Energy
- 10.15.1 Company details
- 10.15.2 Financial outlook
- 10.15.3 Product summary
- 10.15.4 Recent developments
- 10.16 Vattenfall
- 10.16.1 Company details
- 10.16.2 Financial outlook
- 10.16.3 Product summary
- 10.16.4 Recent developments
- 10.17 Veolia
- 10.17.1 Company details
- 10.17.2 Financial outlook
- 10.17.3 Product summary
- 10.17.4 Recent developments
- 11. List of Abbreviations
- 12. Reference Links
- 13. Conclusion
- 14. Research Scope
Research Assistance
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