DUBLIN, Sept. 11, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Global District Cooling (Commercial, Residential, Industrial and Others) Market by Application - Trends & Forecasts to 2019" report to their offering.
The district cooling market is expected to grow at a CAGR of 10.3% by volume in the next five years to reach 20,510 KRT by 2019. District cooling is gaining acceptance due to its benefits over conventional cooling systems which are less efficient, consume more space, and release more carbon emissions. The report covers the market and its trends that concern four regions, namely, the Americas, Europe, the Middle East & Africa (MEA), and Asia-Pacific. The district cooling market size in terms of value is projected to reach $29.0 billion by 2019, at a CAGR of 11.4% from 2014 to 2019.
The district cooling market is analyzed with respect to twenty major countries; they are U.S., Canada, Saudi Arabia, UAE, Bahrain, Qatar, Oman, Kuwait, South Africa, Sweden, France, Germany, Finland, Japan, Korea, China, Singapore, India, Malaysia, and Hong Kong. These are selected based on the existing market penetration and upcoming potential. Commercial, residential, industrial, and other industries are the end-user applications of the district cooling. The commercial sector is the major consumer of the district cooling followed by the residential.
The Middle East & Africa (MEA), being the real estate and commercial hub of the world, is the largest market for district cooling. Emerging economies such as China and India, and growing activities in the construction, industrial, and residential sectors provide a further push to the market. Lining-up of infrastructure activities along with increase in population and hence cooling demand in addition to concern for efficiency, economy and environment has provided a great opportunity for the district cooling players to place them in the MEA and Asia-Pacific region, especially, in the developing nations such as China and India.
The Middle East & Africa region (MEA) will overtake the Americas to lead the market by 2019, followed by Asia-Pacific and Europe. The Americas will be the second most highly growing market, as district cooling finds major usage in the U.S. which presses for the efficient use of energy and carbon emission reductions. Europe will experience the slowest growth among all the regions due to economic slowdown, colder climatic conditions in major part of Europe, and more stress on expansion of district heating network and market. In the district cooling market, the industry comprises several global and regional players such as Emicool (UAE), Empower (UAE), LOGSTOR (Denmark), Tabreed (UAE), Shinryo Corporation (Japan), and Keppel DHCS (Singapore) among others.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 District Cooling Market - By Application
6 District Cooling Market - By Geography
7 Competitive Landscape
8 Company Profiles
- Adc Energy Systems LLC
- Emirates Central Cooling Systems Corporation (Empower)
- Emirates District Cooling (Emicool), LLC
- Keppel Dhcs Pte Ltd
- Logstor A/S
- National Central Cooling Company PJSC (Tabreed)
- Ramboll Group A/S
- Shinryo Corporation
- Siemens Ag
For more information visit http://www.researchandmarkets.com/research/68qctq/district_cooling
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SOURCE Research and Markets