Global District Cooling Market to Reach $1.2 Billion by 2030
The global market for District Cooling estimated at US$903.2 Million in the year 2022, is projected to reach a revised size of US$1.2 Billion by 2030, growing at a CAGR of 3.1% over the analysis period 2022-2030. Absorption Cooling, one of the segments analyzed in the report, is projected to record a 2.6% CAGR and reach US$561.1 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Free Cooling segment is readjusted to a revised 2.2% CAGR for the next 8-year period.The U.S. Market is Estimated at $264.2 Million, While China is Forecast to Grow at 3% CAGR
The District Cooling market in the U.S. is estimated at US$264.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$206.2 Million by the year 2030 trailing a CAGR of 3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 2.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.Select Competitors (Total 46 Featured) -
- ADC Energy Systems L.L.C.
- Danfoss A/S - District Energy
- DC Pro Engineering LLC
- District Cooling Company
- Emirates Central Cooling System Corporation (Empower)
- Emirates District Cooling LLC (Emicool)
- Fortum Corporation
- Gas District Cooling (M) Sdn Bhd
- Keppel DHCS Pte Ltd
- Logstor A/S
- Marafeq Qatar
- Pal Technology
- Qatar District Cooling Company (Qatar Cool)
- Ramboll Group A/S
- Shinryo Corporation
- Siemens AG
- SNC-Lavalin Group, Inc.
- Stellar Energy
- Tabreed, National Central Cooling Company PJSC
- Veolia Environnement SA
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ADC Energy Systems L.L.C.
- Danfoss A/S - District Energy
- DC Pro Engineering LLC
- District Cooling Company
- Emirates Central Cooling System Corporation (Empower)
- Emirates District Cooling LLC (Emicool)
- Fortum Corporation
- Gas District Cooling (M) Sdn Bhd
- Keppel DHCS Pte Ltd
- Logstor A/S
- Marafeq Qatar
- Pal Technology
- Qatar District Cooling Company (Qatar Cool)
- Ramboll Group A/S
- Shinryo Corporation
- Siemens AG
- SNC-Lavalin Group, Inc.
- Stellar Energy
- Tabreed, National Central Cooling Company PJSC
- Veolia Environnement SA
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 246 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 903.2 Million |
Forecasted Market Value ( USD | $ 1200 Million |
Compound Annual Growth Rate | 3.6% |
Regions Covered | Global |