The District Cooling Systems Market size was 7.84 Billion USD in 2020 and is expected to reach 21.11 Billion USD by 2028, growing at a CAGR of 13.18% from 2021 to 2028.

District Cooling Systems Market Overview

District cooling systems are used for the centralized production and distribution of thermal energy in the form of chilled water or cold air through underground insulated pipelines to various buildings or facilities, such as offices, industrial and residential buildings. Helps cool indoor air in buildings within the zone. A DCS consists of three major components: a central chiller plant, a distribution network, and consumer stations. District cooling can be run on renewable energy such as natural gas, electricity, waste heat, and geothermal or natural cooling from water sources.

Contrive Datum Insights has recently published the District Cooling Systems Market to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static and dynamic aspects of the global District Cooling Systems market.

Some of the key players profiled in the study are:

Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: ADC Energy System LLC, Gas District Cooling (M) SDN BHD, District Cooling Company LLC, DC Pro Engineering, Fortum Corporation, Danfoss District Energy A/S, Logstor A/S, Emirates District Cooling LLC (Emicool), Emirates Central Cooling Systems Corporation(EMPOWER), Keppel DHCS PTE Ltd., Ramboll Group A/S, Siemens A/G, Marafeq Qatar, Veolia Environment S.A., SNC Lavalin, Qatar District Cooling Company, National Central Cooling Company, Stellar Energy (US), Shinryo Corporation, Pal Technology, and others.

Industry Development:

• In March 2022, Emirates Central Refrigeration Systems (Empower), a major global refrigeration service provider, announced the award of a contract worth approximately US$52.6 million to build a new generation DC system targeting the Dubai Land Residential Region (DLRC) area. Construction of the on-site buildings has already begun, and when all construction phases of the project are complete, the new facility will have a total capacity of 47,000 tonnes.
• In March 2021, Emirates District Cooling (Emicool) LLC, a wholly-owned subsidiary of Dubai Investments, announced the completion of its state-of-the-art district cooling (DCP) plant at Expo 2020 Dubai. The first phase of the facility will provide chilled water cooling solutions for areas at the event, specifically the RTA Stations, Convention Center and Expo Village.

What are the major Applications, Types, and Regions for the District Cooling Systems Market?

On the Basis of Type:

• Free Cooling, Absorption Cooling, Electric Chillers

On the Basis of Application:

• Commercial, Industrial, Residential

District Cooling Systems Market Regional Insights:

Middle East & Africa dominates the global market, reaching USD 10.12 billion in 2021. The Middle East and Africa market has great potential due to the region's hot climatic conditions. Emirates Central Cooling Systems Corporation (EMPOWER), Emirates District Cooling (Emicool), Marafeq Qatar, and Tabreed are major service providers in the Middle East and Africa.
UAE has installed a number of cooling systems in the Middle East and Africa. The District Cooling system has been implemented in various luxury hotels and commercial centers in the UAE, including shopping malls and restaurants. Their personal and industrial use has also increased. The UAE government has established a Regulatory Board (RSB) and is exploring ways to promote and regulate District Cooling in the country. It also developed the Dubai Integrated Energy Strategy (DIES) 2030 to identify District Cooling technologies that increase energy efficiency.
In North America, a wide range of policy and program activities have been introduced to address energy efficiency in existing and new buildings. According to TERI, guidelines for energy-efficient retrofitting of existing buildings can reduce building energy consumption by 20% to 40%, improve energy security, reduce hazardous gas emissions, and reduce the need for new energy generation and distribution. According to the International District Energy Association (IDEA), nearly 400 systems serve cities and universities in North America.
Japan, China, Malaysia, Singapore, India, and Korea are important markets in the Asia Pacific region. The Indian government envisioned advanced projects such as smart cities and smart grids that are expected to drive the Indian market.

Geographically, the global District Cooling Systems market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and India. The global region is dominating this market in the upcoming future.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

District Cooling Systems Market Report Scope:

Report Attributes	Details
Growth Rate	CAGR of 13.18% from 2022 to 2030.
By Type	Free Cooling, Absorption Cooling, Electric Chillers
By Application	Commercial, Industrial, Residential
By Companies	ADC Energy System LLC, Gas District Cooling (M) SDN BHD, District Cooling Company LLC, DC Pro Engineering, Fortum Corporation, Danfoss District Energy A/S, Logstor A/S, Emirates District Cooling LLC (Emicool), Emirates Central Cooling Systems Corporation(EMPOWER), Keppel DHCS PTE Ltd., Ramboll Group A/S, Siemens A/G, Marafeq Qatar, Veolia Environment S.A., SNC Lavalin, Qatar District Cooling Company, National Central Cooling Company, Stellar Energy (US), Shinryo Corporation, Pal Technology
Regions and Countries Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

 

Frequently Asked Questions (FAQ) about the District Cooling Systems market:

What is the CAGR of the global District Cooling Systems market?

The District Cooling Systems Market is growing at a CAGR of 13.18% during the forecast period.

Which region would offer high growth for vendors in the District Cooling Systems market?

Middle East & Africa dominates the global market, reaching USD 10.12 billion in 2021. 

Which Is the Most potential market segment?

By Types- Free Cooling, Absorption Cooling, Electric Chillers

By Applications - Commercial, Industrial, Residential

Which are the top industry players in the District Cooling Systems market?

ADC Energy System LLC, Gas District Cooling (M) SDN BHD, District Cooling Company LLC, DC Pro Engineering, Fortum Corporation, Danfoss District Energy A/S, Logstor A/S, Emirates District Cooling LLC (Emicool), Emirates Central Cooling Systems Corporation(EMPOWER), Keppel DHCS PTE Ltd., Ramboll Group A/S, Siemens A/G, Marafeq Qatar, Veolia Environment S.A., SNC Lavalin, Qatar District Cooling Company, National Central Cooling Company, Stellar Energy (US), Shinryo Corporation, Pal Technology

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