Global District Cooling Market Outlook, Opportunities And Strategies – Includes District Cooling Market Size
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The global district cooling market is expected to grow from $12.55 billion in 2021 to $14.35 billion in 2022 at a compound annual growth rate (CAGR) of 14.4%. The global district cooling market size is expected to reach $21.95 billion in 2026 at a CAGR of 11.2%.
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The district cooling market consists of sales of district cooling products by entities (organizations, sole traders, and partnerships) that are used to provide chilled water for indoor cooling purposes for industrial, commercial, and residential buildings. A district cooling system (DCS) is a system that distributes cooling capacity in the form of chilled water or another medium from a central source to many buildings via a network of subterranean pipes.
Global District Cooling Market Segments Include:
By Production Technique: Free Cooling, Absorption Cooling, Electric Chillers, Others
By Application: Commercial, Residential, Industrial
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Middle East is the largest region in the global district cooling market in 2021.
Technological innovations are the key trend gaining popularity in the district cooling systems market. Major companies operating in the district cooling sector are focused on introducing technological innovations to reinforce their position.
TBRC’s District Cooling Market Report Covers:
Major Market Players: Ramboll Group A/S, Fortum Oyj, Emicool LLC, Engie SA, Tabreed, Veolia Environment S.A, Empower, Qatar District Cooling Company, Keppel Dhc, ADC Energy Systems LLC, Stellar Energy, Shinryo Corporation, Cetetherm AB, Logstor, Alfa Laval AB, Emirates District Cooling LLC, Wien Energie GmbH, Danfoss, and Marafeq.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The District Cooling Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides district cooling market overviews, analyzes and forecasts market size, share, district cooling market players, district cooling market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s district cooling market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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