District Heating and Cooling Market likely to experience a tremendous growth in near future

Feb 10, 2019

The district heating & cooling market was valued US$ 13.89 Bn in 2017 and estimated to grow with a CAGR of 6.1% throughout the projection period from 2018 to 2026.

SANJOSE, United States - February 9, 2019 /MarketersMedia/ —

Market Insights

District cooling & heating is one of the several techniques that can help the human race to tackle monstrosity of global warming. Huge carbon emission and improper utilization of resources creating devastating and lasting effects on the environment. In order to reduce the impact of global warming, individuals, communities, states, and nations striving relentlessly to undo the damage. District heating & cooling is one such effort capable of decreasing carbon emission by over 90% and saves fuel by about 80% for domestic heating and cooling applications.

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The aforementioned number is too profitable to be overlooked and hence governments over the globe incorporating this method as their share towards environmental well-being. In 2016, the U.K Government allocated almost 320 Mn Euro as consultation remuneration for growing their district heating network. Other European nations already adopted the method for decentralized heating with 8% in France, 12% in Germany, 42% in Sweden and 61% homes in Denmark are powered by district heating.

By Heating Type:
Heat-only Boilers,
Combined Heat and Power,
Geothermal Heating,
Solar Heating,
Heat Pumps;

By Cooling Type:
Free Cooling,
Absorption Cooling,
Compression Cooling

By End-user:
Residential Commercial
Industrial

The U.S and Canada have also included district heating & cooling plants and planning to grow the network even further. More than 80 federal buildings in Ottawa, Canada connected with pipelines channels of 14 kilometers providing heating and cooling water. In addition, these companies incorporating renewable energy sources such as solar power to make the existing heating & cooling system more efficient, economical and eco-friendly. With almost endless permutations and opportunities, the growth of district cooling and heating system is inevitable and predicted to take over the conventional centralized cooling system in terms of market value and energy supplied.

Competitive Insights:

Current district heating & cooling market offers many prospects for the companies involved in the market. The market also proposes ample possibilities to new players willing to make a significant investment and persistent enough to wait for the profits to generate. Without fearing intnse competition, companies can dedicate their efforts towards development of new technology in order to reduce the input resource and achieve optimum plant efficency. Few of the major notable players profiled in this research study includes ADC Energy Systems LLC, Emirates Central Cooling Systems Corporation (EMPOWER), Emirates District Cooling LLC (Emicool), Emirates National Central Cooling Company PJSC (Tabreed), Keppel DHCS Pte. Ltd., Logstor A/S, KELAG Wärme GmbH, Shinryo Corporation, Vattenfall AB, Fortum Oyj, Statkraft AS, The Korea District Heating Corporation, Hafslund AS, Goteborg Energi, Tekla Corporation, and Ramboll Group A/S among others.

The complete report is available at https://www.credenceresearch.com/report/district-heating-and-cooling-market

Vapor Absorption District Cooling to Bag More Market Value in Coming Years

Compression cooling have effective and fast cooling; hence, lead the global district cooling market in terms of market value. The system uses compressors or electric chillers to produce cooling effect through refrigerants. Compression cooling offered more tons of cooling compared to absorption with respect to same system size, however, the electricity consumption and carbon emission is on higher side compared to absorption district cooling system. Consequently, the market for absorption district cooling growing at considerable rate and projected to surpass vapor compression district cooling in upcoming years.

ToC:
Chapter 6 Global District Heating & Cooling Market Analysis, by End-user
6.1 Overview
6.1.1 Global District Heating & Cooling Market Value Share, by End-user, 2017 & 2026 (Value, %)
6.1.2 Global District Heating & Cooling Market Value, by End-user, 2016 – 2026 (US$ Bn)
6.2 Residential
6.2.1 Global District Heating & Cooling Market for Residential End-use, 2016 – 2026 (US$ Bn)
6.3 Commercial
6.3.1 Global District Heating & Cooling Market for Commercial End-use, 2016 – 2026 (US$ Bn)
6.4 Industrial
6.4.1 Global District Heating & Cooling Market for Industrial End-use, 2016 – 2026 (US$ Bn)

Chapter 7 North America District Heating & Cooling Market Analysis
7.1 Overview
7.1.1 North America District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
7.2 North America District Heating & Cooling Market, by Heating Type, 2016 – 2026 (US$ Bn)
7.2.1 Comparative Analysis
7.3 North America District Heating & Cooling Market Analysis, by Cooling Type, 2016 – 2026 (US$ Bn)
7.3.1 Comparative Analysis
7.4 North America District Heating & Cooling Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
7.4.1 Comparative Analysis
7.5 North America District Heating & Cooling Market Analysis, by Country, 2016 – 2026 (US$ Bn)
7.5.1 U.S.
7.5.2 Rest of North America
............
............
Chapter 12 Company Profiles
12.1 KELAG Wärme GmbH
12.2 ADC Energy Systems LLC
12.3 Emirates Central Cooling Systems Corporation (EMPOWER)
12.4 Emirates District Cooling LLC (Emicool)
12.5 Emirates National Central Cooling Company PJSC (Tabreed)
12.6 Keppel DHCS Pte. Ltd.
12.7 Logstor A/S
12.8 Shinryo Corporation
12.9 Vattenfall AB
12.10 Fortum Oyj
12.11 Statkraft AS
12.12 The Korea District Heating Corporation
12.13 Hafslund AS
12.14 Goteborg Energi
12.15 Tekla Corporation
12.16 Ramboll Group A/S
.................toc continued

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List of fig:
FIG. 1 Global District Heating & Cooling Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global District Heating and Cooling Market Segmentation
FIG. 4 Global District Heating & Cooling Market, by Heating Type, 2017 (US$ Bn)
FIG. 5 Global District Heating & Cooling Market, by Cooling Type, 2017 (US$ Bn)
FIG. 6 Global District Heating & Cooling Market, by End-user, 2017 (US$ Bn)
FIG. 7 Global District Heating & Cooling Market, by Geography, 2017 (US$ Bn)
FIG. 8 Global District Heating & Cooling Market Value and Growth, 2016 – 2026, (US$ Bn) (Y-o-Y %)
FIG. 9 See-Saw Analysis: Global Industrial Mezzanines Market
FIG. 10 Attractive Investment Proposition, by Geography, 2017
FIG. 11 Global Market Positioning of Key District Heating & Cooling Companies, 2017
....................continue

The complete report is available at https://www.credenceresearch.com/report/district-heating-and-cooling-market

Contact Info:
Name: Chris Smith
Email: Send Email
Organization: Credence Research
Address: 105 N 1st ST #429, SAN JOSE,, CA 95103, United States
Phone: 18003618290
Website: https://www.credenceresearch.com

Source URL: https://marketersmedia.com/district-heating-and-cooling-market-likely-to-experience-a-tremendous-growth-in-near-future/480960

Source: MarketersMedia

Release ID: 480960

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