The global district heating and cooling market revenue is expected to reach around US$ 17.85 Bn by 2026 and growing at a CAGR of 3.9% over the forecast period 2019 to 2026.
District heating and cooling are mainly used for supply of heat or cold in different commercial buildings in city and villages, where the heat or cold is used for preparation of cold or hot water, and space heating or cooling. The district heating and cooling are used for industrial, residential, and service sector. District cooling can use various production techniques such as free cooling, source of cold water, absorption cooling, and electric chiller. Stringent government regulations towards pollution and increase in population across the globe further grows the demand for district heating and cooling. This expected to enhance the production to meet the growing consumption of district heating and cooling over the forecast period.
Market Dynamics
The growth of the district heating and cooling market is primarily driven by the rapid urbanization and rising investment in infrastructure development and government projects, optimum utilization of renewable energy sources and mass customization of district heating and cooling, and multi-functionality of district heating and cooling. Furthermore, increase in demand of district heating and cooling in various applications, and increase in research and development in heating and cooling system, is estimated to boost the market growth. Moreover, growing construction industries, increasing government investments in district heating and cooling, and adoption of different technology in district heating and cooling, and increase in innovation and development in district heating and cooling are expected to create opportunities for the manufacturers in the global market over the forecast period. However, high initial investment, risk and uncertainty of global economy are expected to hamper the growth of the global district heating and cooling market in the coming years.
By category, heating segment dominated the district heating and cooling market
Based on the category, the market has been segmented into heating and cooling. The heating segment accounts of the largest share in the market and are expected to grow at a fastest CAGR during the forecast period.
The major factors that are driving the growth of this segment are the rising demand of heating in cold weather conditions, lowered energy generation costs, and generation of various techniques in waste heat recovery. The manufacturers Emirates District Cooling (Emicool), LLC, National Central Cooling Company, and Shinryo Corporation are the mainly investing in the development of heating, which expected the lead the market in the coming years.
The market research study on “District Heating and Cooling Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026”, offers a detailed insight into the global district heating and cooling market entailing insights on its different market segments. Market dynamics with drivers, restraints, and opportunities with their impact are provided in the report. The report provides insights into the global district heating and cooling market, its category, application, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global district heating and cooling market size and volume, and segment markets by category, application, and geography along with the information on companies operating in the market. The district heating and cooling market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market size and volume for different segments have been covered under the scope of the report.
In 2018, North America dominated the regional market with a maximum market share
North America accounted for the high market share of the district heating and cooling market and the region is also expected to maintain its dominance over the forecast period. The rapid consumption of district heating and cooling in various applications, growing support for the development of heating and cooling, and rising temperature in various countries of the region are the major driving factor for the region in the global market. Moreover, the well-established research and development centers and rise in number of manufacturers and strong economy to support research funding are expected to enhance the market growth in the global district heating and cooling market in future. Moreover, ageing population and growing demand for customized heating and cooling in countries, such as US, Canada, and Mexico, are expected to enhance the market growth in the global district heating and cooling market during the forecast. Europe is expected to hold the second largest in the global market during the forecast period. Growing construction industry, development of heating and cooling systems, growing government investment in infrastructure development, and rising number of district heating manufacturers are expected to enhance the market growth in the global district heating and cooling market during the forecast.
Asia-Pacific is expected to hold the highest CAGR in the global market during the forecast period. The growing construction industry, increase in innovation and development in heating and cooling manufacturing, rapid industrialization and urbanization, growing foreign direct investment, rising production base of heating and cooling component industry, are expected to enhance the market growth in the global district heating and cooling market during the forecast.
The players profiled in the report include ENGIE, Emirates Central Cooling System Corporation, Emirates District Cooling (Emicool), LLC, National Central Cooling Company, and Shinryo Corporation, Keppel DCHS PTE Ltd, ADC Energy Systems LLC, Ramboll Group A/S, Siemens AG, and District Cooling Company LLC. The companies are involved in mergers and acquisitions and new product development for expanding their market share and also for gaining competitive advantages over its competitors.
Market Segmentation
Market By Category
Market By Application
- Industrial
- Residential
- Service Sector
Market By Geography
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of District Heating and Cooling
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. District Heating and Cooling Market By Application
1.2.2.1. Global District Heating and Cooling Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.2.2. Global District Heating and Cooling Market Revenue Share By Application in 2018
1.2.2.3. Industrial
1.2.2.4. Residential
1.2.2.5. Service Sector
1.2.3. District Heating and Cooling Market By Category
1.2.3.1. Global District Heating and Cooling Market Revenue and Growth Rate Comparison By Category (2015-2026)
1.2.3.2. Global District Heating and Cooling Market Revenue Share By Category in 2018
1.2.3.3. Heating
1.2.3.4. Cooling
1.2.4. District Heating and Cooling Market by Geography
1.2.4.1. Global District Heating and Cooling Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America District Heating and Cooling Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe District Heating and Cooling Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific District Heating and Cooling Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America District Heating and Cooling Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) District Heating and Cooling Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Category and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global District Heating and Cooling Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global District Heating and Cooling Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global District Heating and Cooling Major Manufacturers in 2018
3.4. Raw Categorys Sources Analysis of Global District Heating and Cooling Major Manufacturers in 2018
CHAPTER 4. DISTRICT HEATING AND COOLING MARKET BY APPLICATION
4.1. Global District Heating and Cooling Revenue By Application
4.2. Industrial
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Residential
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Service Sector
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. DISTRICT HEATING AND COOLING MARKET BY CATEGORY
5.1. Global District Heating and Cooling Revenue By Category
5.2. Heating
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Cooling
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. NORTH AMERICA DISTRICT HEATING AND COOLING MARKET BY COUNTRY
6.1. North America District Heating and Cooling Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America District Heating and Cooling Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. District Heating and Cooling Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
CHAPTER 7. EUROPE DISTRICT HEATING AND COOLING MARKET BY COUNTRY
7.1. Europe District Heating and Cooling Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe District Heating and Cooling Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
CHAPTER 8. ASIA-PACIFIC DISTRICT HEATING AND COOLING MARKET BY COUNTRY
8.1. Asia-Pacific District Heating and Cooling Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific District Heating and Cooling Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
CHAPTER 9. LATIN AMERICA DISTRICT HEATING AND COOLING MARKET BY COUNTRY
9.1. Latin America District Heating and Cooling Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America District Heating and Cooling Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
CHAPTER 10. MIDDLE EAST & AFRICA DISTRICT HEATING AND COOLING MARKET BY COUNTRY
10.1. Middle East & Africa District Heating and Cooling Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East & Africa District Heating and Cooling Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Category, 2015 - 2026 ($Million)
CHAPTER 11. COMPANY PROFILE
11.1. ENGIE
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. Emirates Central Cooling System Corporation
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. Emirates District Cooling (Emicool), LLC
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. National Central Cooling Company
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. Shinryo Corporation
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. Keppel DCHS PTE Ltd
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies
11.7. ADC Energy Systems LLC
11.7.1. Company Snapshot
11.7.2. Overview
11.7.3. Financial Overview
11.7.4. Product Portfolio
11.7.5. Key Developments
11.7.6. Strategies
11.8. Ramboll Group A/S
11.8.1. Company Snapshot
11.8.2. Overview
11.8.3. Financial Overview
11.8.4. Product Portfolio
11.8.5. Key Developments
11.8.6. Strategies
11.9. Siemens AG
11.9.1. Company Snapshot
11.9.2. Overview
11.9.3. Financial Overview
11.9.4. Product Portfolio
11.9.5. Key Developments
11.9.6. Strategies
11.10. District Cooling Company LLC
11.10.1. Company Snapshot
11.10.2. Overview
11.10.3. Financial Overview
11.10.4. Product Portfolio
11.10.5. Key Developments
11.10.6. Strategies
11.11. Others
11.11.1. Company Snapshot
11.11.2. Overview
11.11.3. Financial Overview
11.11.4. Product Portfolio
11.11.5. Key Developments
11.11.6. Strategies
CHAPTER 12. RESEARCH APPROACH
12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope