District Cooling Market Size- By Technology, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Description

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. Additionally, the commercial, industrial, and residential sectors will invest money in energy-efficient technologies as a result of global warming. Major enterprises preparing to increase their market presence should face challenges from significant capital outflow and lack of understanding.

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. Due to the lack of supplies, this increased the cost of purchasing raw materials, which ultimately caused delays in order closures. Therefore, the pandemic has had a short-term detrimental influence on the demand for district cooling.

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, Keppel Corporation Limited, Logstor A/S, Marafeq Qatar, National Central Cooling Company PJSC, Ramboll Group, Shinryo Corporation, Singapore Power Ltd., SNC-Lavalin, Stellar Energy, Vattenfall, Veolia

Global District Cooling Market Segmentation:

By Technology: Based on the Technology, Global District Cooling Market is segmented as; Absorption Chillers, Electric Chillers, Others.

By End User: Based on the End User, Global District Cooling Market is segmented as; Commercial, Industrial, Residential.

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. Most of the regional forecast is due to the U.S. and Canada's expenditures in energy-efficient construction. Additionally, energy savings may greatly benefit from upgrading already-existing structures.

Product Code: POAE2301

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