Jan 19, 2019   SOURCE: BusinessWire

Worldwide District Heating & Cooling Market Outlook to 2026 - Huge Capital Cost is Restraining the Market - ResearchAndMarkets.com

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

According to this report, the Global District Heating and Cooling market accounted for $164 billion in 2017 and is expected to reach $298 billion by 2026 growing at a CAGR of 6.9% during the forecast period.

Factors such as technological advancements in the CHP systems, rising investments toward infrastructural development and easy installation are some of the factors fueling the market growth. However, huge capital cost is restraining the market growth.

Based on application, residential segment witnessed considerable growth during the forecast period. Due to strict rules mandates introduced by the government organizations toward building emissions and conventional heating & cooling systems and rising diffusion of the small-scale DHC systems across Tier-II & Tier-III cities will drive the business growth.

By geography, Asia Pacific holds the largest market share during the forecast period. Owing to the importance of energy efficiency and renewable, increasing temperature levels and government plan supporting the formation of DH and DC systems across municipalities are driving the market in this region.

Components Covered:

  • Boilers
  • Chillers

Distributions Covered:

  • Pressure Pumps
  • Valves
  • Pipes

Technologies Covered:

  • District Cooling
  • District Heating

Applications Covered:

  • Industrial
  • Residential
  • Commercial

Companies Profiled:

  • Siemens AG
  • Danfoss
  • SNC Lavalin
  • Ramboll Group A/S
  • ADC Energy Systems
  • Marafeq Qatar
  • Veolia
  • Logstor AS
  • Helen Oy
  • NRG Energy
  • Statkraft AS
  • STEAG GmbH
  • Orsted
  • RWE AG
  • Engie

For more information about this report visit https://www.researchandmarkets.com/research/qmv55d/district_heating?w=4