Global District Heating and Cooling Market Insights on Future Growth Prospects and Industry Trends Analyzed till 2024

Posted on 2018-04-11 by Mark Hub in Industrial, Technology // 0 Comments

Albany, USA, 2018-Apr-11 — /EPR Network/ —In order to study the various trends and patterns prevailing in the overall market for Study on District Heating and Cooling, Market Research Reports Search Engine (MRRSE) has included a new report titled “District Heating and Cooling Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

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The global district heating and cooling (DHC) market features a low concentration of component suppliers with no big players. Most companies operate at local or regional levels where proximity to consumers helps avoid extra operational costs and efficiency losses,. The market dynamics are highly susceptible to changes in terms of technology and scale of projects. “As DHC systems mostly belong to state-owned entities, government support and funding play a key role in operational efficiency of a DHC project,”.

global market for direct heating and cooling systems will exhibit a 5.8% CAGR and a 6.2% CAGR over the period between 2016 and 2024, in terms of energy sales volumes and revenue, respectively. At this pace, the market is expected to rise to a revenue-wise valuation of US$243,428.3 mn by 2024. In terms of energy sales volume, the market is expected to reach 12,187,491.8 tera joules by 2024.

The segment of district heating is presently the leading technology in the market, accounting for a share of over 90% in the global market in 2015. In the same year, Asia Pacific accounted for a dominant share of over 55% of the global market in 2015. Of the key distribution machines and tools utilized in DHC systems, the segment of pipes leads with a 60% share in global market’s overall revenues owing to constant expansion of pipeline infrastructure, falling prices of pipes, and the need for timely renovations of distribution networks.

District heating systems dominated the global district heating and cooling market in terms of both energy sales volumes and revenues. In terms of DHC generation, boilers dominated the market across the globe. In terms of DHC distribution, pipes dominated the global market, followed by pressure pumps and valves.

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Asia Pacific held the major share of the global district heating and cooling (DHC) market in 2014, accounting for more than 50% of the global market share in terms of sales volume. Europe was the second-largest market for district heating and cooling systems, followed by North America in 2014. Rest of the World (RoW) held the fourth-largest share of the global district heating and cooling market in that year.

Asia Pacific held the major share of the global district heating (DH) market in 2014, accounting for more than 55% of the global market share in terms of sales volume. North America held the dominant share of the global district cooling (DC) market in 2014, accounting for more than 50% of the global market in terms of sales volume.

Some of the key market participants in the district heating and cooling market are ADC Energy Systems LLC, Emirates Central Cooling Systems Corporation (EMPOWER), Emirates District Cooling LLC (Emicool), Emirates National Central Cooling Company PJSC (Tabreed), KELAG Wärme GmbH, Keppel DHCS Pte. Ltd., Logstor A/S, Ramboll Group A/S, Shinryo Corporation, and Tekla Corporation. The report provides an overview of these companies, followed by their financial details (if available), business strategies, and recent developments. The district heating and cooling market has been segmented as follows:

Global District Heating and Cooling Market: Regional Analysis

North America
- The U.S.
- Canada
- Mexico
Europe
- Denmark
- Germany
- Sweden
- Poland
- Austria
- France
- Finland
Asia Pacific
- China
- Japan
- South Korea
- India
- Taiwan
Rest of World
- GCC Countries

Global District Heating and Cooling Market: Consumption Analysis by Technology Type

District Heating
District Cooling

Global District Heating and Cooling Market: Generation Analysis by Components Type

Chillers
Boilers

Global District Heating and Cooling Market: Distribution Analysis by Components Type

Pipes
Pressure Pumps
Valves

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