District Cooling Market: Latest Trends,Analysis & Insights 2024 District Cooling Market | Page 2

District Cooling Market
REPORT DESCRIPTION
The global district cooling market is predominantly run by regional players due to the high
preference for local products among consumers, finds a new study by Transparency Market
Research (TMR). The leading participants in this market are focusing aggressively on product
innovation and advancements, which is likely to increase the competition within the market over
the next few years.
Aecon Group Inc., Enwave Energy Corp, Veolia, Engie, Keppel, Singapore District Cooling Pte Ltd.,
Emirates District Cooling LLC, Qatar Cool, and Frio Brasil Refrigeracao Ltda are some of the
leading players in the global district cooling market, states the report.
This 183 page report gives readers a comprehensive overview of the District Cooling
market. Browse through 37 data tables and 88 figures to unlock the hidden
opportunities in this market@
http://www.transparencymarketresearch.com/district-cooling-market.html
As per the Research Report, the global market for district cooling is likely to expand at a 5.10%
CAGR during the period from 2015 to 2024, surging from a value of US$11.1 bn in 2015 to
US$17.3 bn by the end of the forecast period. The commercial sector has emerged as the leading
application area of district cooling and is expected to remain so thanks to the swift rise in the
commercial sector across the world. The increasing focus on energy saving and the burgeoning
demand for BREEAM and LEED-certified buildings are also expected to fuel the usage district
cooling in this sector over the forecast period.
Middle East and Africa to Acquire Dominance, Surpassing North America by 2024
The report also analyzes the worldwide market for district cooling on the basis of its geographical
reach. According to the study, the Middle East and Africa, North America, Latin America, Asia
Pacific, and Europe are the key regional markets for district cooling across the world. In 2015,
North America surfaced as the most prominent regional market for district cooling with a share of
nearly 48% in the overall market.
Though this regional market is likely to witness significant growth over the forecast period,
thanks to the increasing levels of temperature, rising incentives for the adoption of renewable
resources of energy, and the efficient usage of energy resources, the market in the Middle East
Transparency Market Research
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