Jun 18, 2018   SOURCE: BusinessWire

Global District Cooling Market Outlook 2017-2026, With an Expected CAGR of 14.3% - ResearchAndMarkets.com

The "District Cooling - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

According to the publisher, the Global District Cooling market is accounted for $6.59 billion in 2017 and is expected to reach $21.98 billion by 2026 growing at a CAGR of 14.3% during the forecast period.

Some of the factors such as increasing environmental issues, cost-effectiveness, growth in urbanization sectors, increase in energy prices, and huge investments in infrastructure projects are fueling the market growth. However, challenges in commercial, engineering and procurement sectors and high installation costs are hampering the market growth. In addition, demand for energy efficient cooling technologies and sewage treatment usage in GCC Countries induce market opportunity.

District cooling systems is a central source to facilitate air conditioning as a production of chilled water, and its whole process is carried out by chilling water at central plant and later piping water to customers with underground pipes network.

On the basis of end users, commercial sector has acquired largest market share due to the increasing facilities such as laboratories, data centers, hospitals, shops, malls, restaurants, and hotels and expected to remain dominant during forecast period. Based on applications, Construction sector is subjected to hold largest market share with the demand in construction of individual flats in buildings, buildings, and individual houses in Middle Eastern countries such as Saudi Arabia, UAE, Qatar, Kuwait, Oman and Bahrain.

Companies Mentioned

  • Emirates Central Cooling System Corporation
  • National Central Cooling Company PJSC
  • Emirates District Cooling, LLC
  • Shinryo Corporation
  • Keppel DCHS PTE Ltd
  • Logstor A/S
  • Ramboll Group A/S
  • Siemens AG
  • Stellar Energy
  • District Cooling Company LLC
  • Pal Technology
  • Keppel DCHS PTE Ltd
  • Danfoss District Energy A/S
  • SNC Lavalin
  • Fortum

Key Topics Covered:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global District Cooling Market, By Free Cooling Technique

6 Global District Cooling Market, By Application

7 Global District Cooling Market, By Geography

8 Key Developments

9 Company Profiling

For more information about this report visit https://www.researchandmarkets.com/research/nb8kds/global_district?w=4