DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "District Cooling Market by Production Technique (Free Cooling, Absorption Cooling, Electric Chillers), Application (Commercial, Residential & Institutional), Region - Global Forecast to 2021" report to their offering.
The global 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. Rising energy prices, growing environmental concerns, and rising demand for low cost and high-efficiency cooling systems are expected to drive the demand for district cooling.
The residential segment is projected to grow at the highest CAGR, due to increase in cooling demand owing to rapid climate change. 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 a residential application.
On the basis of region, the market for district cooling is segmented into the Americas, Europe, Asia-Pacific, and Middle East & Africa. The district cooling market in the Middle East & Africa accounted for the largest share of the total demand generated by the global district cooling market in 2015. The large share can be attributed to the increasing focus on energy efficient cooling technologies in this region. The Middle East & Africa region is also projected to be the second-fastest growing market for district cooling during the forecast period, owing to the growth in the economies and increasing investment on infrastructure projects.
- ADC Energy Systems LLC
- DC Pro Engineering
- Danfoss District Energy A/S
- District Cooling Company LLC
- Emirates Central Cooling System Corporation (Empower)
- Emirates District Cooling (Emicool), LLC
- Gas District Cooling (M) SDN BHD
- Keppel DCHS PTE Ltd
- Logstor A/S
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 District Cooling Market, By Production Technique
8 District Cooling Market, By Application
9 District Cooling Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/xnjtsv/district_cooling