A recent report published by Infinium Global Research on
district heating and the cooling market provides an in-depth analysis of
segments and sub-segments in the global as well as regional district heating
and cooling market. The study also highlights the impact of drivers,
restraints, and macro indicators on the global and regional district heating
and cooling market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of global
district heating and cooling market. According to the report, the global
district heating and cooling market is projected to grow at a CAGR of 5.7% over
the forecast period of 2019-2025.
The heating and cooling sector makes up more than 50% of the
whole energy demand. This sector is presently under transformation due to
digital technologies. District heating is one of the most effective means of
heat supply, and integrating green energy into the system also makes it highly
sustainable. District heating and cooling are the energy generating sources in
a city with buildings and facilities having a necessity of heating and/or
cooling. Instead of each building having its own heating or cooling system, the
energy is supplied to several buildings in a larger area from a central.
District heating and cooling reduces carbon emission by over
90 % is one of the major driving factors of the market. Furthermore, factors
such as economic efficiency, reliability, and power and space saving are
driving the growth of the district heating and cooling market. Centralized
production of thermal energy facilitates extremely efficient delivery of
heating and cooling to each building. Moreover, increasing adoption of
sustainable energy technologies along with the introduction of various
regulatory norms and instructions affecting green building standards will fuel
the market growth. The increasing disposable incomes, demographic changes and
improved standard of living will also fuel the district heating & cooling
market growth. However, high capital cost restrains the growth of the market.
The growing urbanization and increasing the awareness about district heating
and cooling will provide growth opportunities to the market players.
Geographically, Asia-Pacific dominates the global district
heating and cooling market due to the importance of energy efficiency and
renewable, increasing temperature levels in this region. Increasing demand for
sustainable and effective space heating and cooling solutions on account of
rising in investments toward the development of commercial and residential
establishments will drive the market growth in this region. Rising government
initiatives to stimulate efficient and green technologies will increase the
demand for district heating and cooling in the forecasted period.
The report on global district heating and cooling market
covers segments such as types, and applications. On the basis of types, the
sub-markets include district heating, and district cooling. On the basis of
applications, the sub-markets include residential, commercial, and industrial.
The report provides profiles of the companies in the market
such as ADC Energy Systems LLC, KELAG Wärme GmbH, Ramboll Group A/S, Keppel
DHCS Pte. Ltd., Emirates Central Cooling Systems Corporation (EMPOWER), Logstor
A/S, Tekla Corporation., Emirates District Cooling LLC (Emicool), Emirates
National Central Cooling Company PJSC (Tabreed), Shinryo Corporation, and other
companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of district
heating and cooling market. Moreover, the study highlights current market
trends and provides forecast from 2019-2025. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.
Please Choose One of them.