"Browse 98 market data tables and 57 figures spread through 171 pages and in-depth TOC on “District Cooling Market by Production Technique (Free Cooling, Absorption Cooling, Electric Chillers), Application (Commercial, Residential & Institutional), Region - Global Forecast to 2021"
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District Cooling Market by Production Technique (Free Cooling, Absorption Cooling, Electric Chillers) worth 9.54 Billion USD by 2021
1. District Cooling Market worth 9.54 Billion USD by 2021
The report "District Cooling Market by Production Technique (Free Cooling, Absorption Cooling,
Electric Chillers), Application (Commercial, Residential & Institutional), Region - Global Forecast to
2021", The market for district cooling is projected to grow from USD 5.14 Billion in 2016 to USD 9.54
Billion by 2021, at a CAGR of 13.19% from 2016 to 2021.
Browse 98 market data tables and 57 figures spread through 171 pages and in-depth TOC on
“District Cooling Market”
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Factors such as high temperature in the region, increased investments in infrastructure projects, and
rapid urbanization are driving the market. Rising energy prices, growing environmental concerns,
and rising demand for low cost and high-efficiency cooling systems are some of the other factors
fuelling the demand for district cooling.
The absorption cooling segment to be the fastest growing production technique in the district
cooling market
The absorption cooling segment is estimated to be the most widely used production technique for
meeting cooling demand as it utilizes waste energy. The absorption cooling segment accounted for
the largest share in 2015 and is projected to grow at the highest rate during the forecast period.
Absorption cooling is an environment-friendly means of cooling. It helps reduce the use of
electrically driven cooling in the energy system and also reduces carbon dioxide emissions.
The commercial segment to account for the largest share of the district cooling market
The commercial segment accounted for the largest market share in 2015, owing to increasing
demand for energy efficient cooling technologies for commercial buildings. Concerns over impact on
the environment and rising energy prices has made the use of energy-efficient district cooling
system a favorable solution for cooling in commercial spaces.
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The Middle East & Africa region to play a key role in the growth of the market for district cooling
On the basis of region, the district cooling market is segmented into the Americas, Europe, Asia-
Pacific, and the Middle East & Africa. The Middle East & Africa is a key market for district cooling.
Development in the economies and the investment on infrastructure projects in this region have led
to the high growth of this market.
2. The following companies are the key players in the district cooling market:
Emirates Central Cooling System Corporation (UAE)
National Central Cooling Company PJSC (UAE)
Emirates District Cooling LLC (UAE)
Shinryo Corporation (Japan)
ADC Energy Systems LLC (UAE)
Keppel DCHS PTE LTD (Singapore)
LOGSTOTR A/S (Denmark)
Ramboll Group A/S (Denmark)
SIEMENS AG (Germany)
Stellar Energy (U.S.)
District Cooling Company LLC (UAE)
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