Due to the Outbreak of COVID-19, Global District Heating and Cooling Market Generated a Sharp Decline in Demand for the fiscal year 2020, KDMI Study


 

KD Market Insights has published a report on global District Heating and Cooling Market research report. The report offers valuable market insights drivers which would aid the industry leaders to develop and line up their market strategies supported by reliable and accurate data. According to KD Market Insights report, the global District Heating and Cooling Market is expected to grow at a CAGR of XX.X% during the forecast period i.e. 2020-2025. The market was held to USD XX.X Million in 2019 and is projected to reach to a valuation of USD XX.X Million in 2025.

The report offers an exhaustive analysis of the market trends, opportunities, growth areas and industry drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Growing awareness about environmental protection and changing the preference of manufacturers from conventional to energy efficient heating and cooling technology are believed to spur the growth of the district heating and cooling market in the upcoming years. Further, growing urbanization and industrialization are some of the major factors behind the growth of district heating and cooling market.

District heating and cooling market is witnessing gamut of industry activities such as partnership, acquisition, joint venture, and expansion across the globe. For instance, on December 19, 2018, Engie entered into a joint venture with Newcastle City Council (NCC) for 40 years to develop and operate district energy schemes within the city. In addition to this, on the same day, Engie Deutschland GmbH entered into an agreement to acquire OTTO Luft-und Klimatechnik GmbH & Co. KG (OTTO). This acquisition is expected to strengthen the company leading position for ventilation and air conditioning, cooling technology, and building automation.

Further, rising demand for thermal comfort and government initiatives to adopt district heating and cooling systems is spearheading current and future growth prospects of the market. In addition, emerging economies such as China, India, and Saudi Arabia offers untapped opportunities for the district heating and cooling market over the upcoming years.

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Segmentation Analysis

By Energy Source

– District Heating

– CHP

– Geothermal

– Solar

– Others

– District Cooling

– – – Free Cooling

– – – Absorption Cooling

– – – Heat Pumps

– – – Electric Chillers

– – – Others

By Application

– Residential

– Commercial

– Industrial

This research report studied the District Heating and Cooling market to forecast the revenues and analyze the trends in 5 regions i.e. North America, Europe, Asia Pacific, Latin America and Middle East & Africa. This chapter of the report presents a comparison between emerging regions and developed regions to highlight the key factors and industry trends impacting the overall District Heating and Cooling market. Country analysis is also covered for various major economies across various regions:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
  • Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

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This study evaluates and categorizes the key vendors in the District Heating and Cooling market. The key companies published in the report include among others,

– Cetetherm

– ADC Energy Systems

– Emirates Central Cooling Systems Corporation

– Danfoss

– Engie

– Keppel Corporation Limited

– Korea District Heating Corporation

– Logstor A/S

– Emirates District Cooling LLC

– Ramboll Group A/S

– Other Major & Niche Key Players

The competitive strategic window analyses the competitive landscape in terms of the market share and company profiles of major vendors. This section provides company’s metrics such as business strategy and performance such as financials, sales breakup by segment and by geography, SWOT Analysis, company snapshot, business strategy, key product offerings, marketing and distribution strategies, recent news & development and other market activities.

Why you should buy this research report:

In the past years, the District Heating and Cooling has grown at a significant rate and key decision makers are in need of market data to make vital decisions with regard to acquire more market share in District Heating and Cooling market. This report will help you:

  1. Obtain Full Understanding Of Global District Heating and Cooling Industry Through The In-Depth Coverage
  2. Gain Insights Into Market Expansion Across Countries
  3. Expand Your Product Line To Generate High Revenue And Growth Opportunities.
  4. Understand Latest Market Trends And Formulate Business Strategies Accordingly.
  5. Acquire More Market Share Through Strategic Decisions Based On Report Insights.
  6. Gain Insights About Key Financial Ratio And Business Strategies.

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