Product Code: GVR-4-68040-335-6
District Cooling Market Size & Trends
The global district cooling market size was estimated at USD 951.0 million in 2023 and is projected to grow at a CAGR of 4.3% from 2024 to 2030. The increasing demand for energy-efficient and sustainable cooling solutions in urban areas is driving the growth of the market. District cooling systems are highly efficient, utilizing centralized production and distribution of cooling energy, which reduces electricity consumption and greenhouse gas emissions compared to conventional cooling methods.
Rapid urbanization, especially in emerging economies, where the construction of commercial and residential buildings is on the rise, is further fueling the demand for district cooling. Additionally, government initiatives and regulations aimed at promoting energy efficiency and reducing carbon footprints support adopting district cooling systems. The integration of renewable energy sources and advancements in cooling technologies are also expected to drive market growth.
District cooling systems provide a sustainable solution for meeting the cooling needs of densely populated urban areas. These systems offer significant energy savings, reduce peak electricity demand, and minimize environmental impact. They are widely used in commercial buildings, residential complexes, and industrial facilities to provide reliable and efficient cooling services.
Global District Cooling Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global district cooling market report based on production technique, application, and region:
- Production Technique Outlook (Revenue, USD Million, 2018 - 2030)
- Free Cooling
- Absorption Cooling
- Electric Chillers
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Residential
- Commercial
- Industrial
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
U.S.
Canada
Mexico
UK
Germany
France
Finland
Sweden
China
Japan
Singapore
South Korea
Brazil
Argentina
Saudi Arabia
UAE
Oman
Qatar
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Purchased Database
- 1.4.2. GVR's Internal Database
- 1.4.3. Secondary Sources
- 1.4.4. Third Party Perspective
- 1.4.5. Information Analysis
- 1.5. Information Analysis
- 1.5.1. Data Analysis Models
- 1.5.2. Market Formulation & Data Visualization
- 1.5.3. Data Validation & Publishing
- 1.6. Research Scope and Assumptions
- 1.6.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. District Cooling Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Concentration & Penetration Outlook
- 3.3. Industry Value Chain Analysis
- 3.4. Technology Overview
- 3.5. Regulatory Framework
- 3.6. Market Dynamics
- 3.6.1. Market Drivers Analysis
- 3.6.2. Market Restraints Analysis
- 3.6.3. Market Opportunity Analysis
- 3.6.4. Market Challenge Analysis
- 3.7. District Cooling Market Analysis Tools
- 3.7.1. Porter's Five Forces Analysis
- 3.7.1.1. Bargaining power of the suppliers
- 3.7.1.2. Bargaining power of the buyers
- 3.7.1.3. Threats of substitution
- 3.7.1.4. Threats from new entrants
- 3.7.1.5. Competitive rivalry
- 3.7.2. PESTEL Analysis
- 3.7.2.1. Political landscape
- 3.7.2.2. Economic and Social landscape
- 3.7.2.3. Technological landscape
- 3.7.2.4. Environmental landscape
- 3.7.2.5. Legal landscape
- 3.8. Economic Mega Trend Analysis
Chapter 4. District Cooling Market: Production Technique Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. District Cooling Market: Production Technique Movement Analysis, USD Million, 2023 & 2030
- 4.3. Free Cooling
- 4.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Absorption Cooling
- 4.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Electric Chillers
- 4.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. District Cooling Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. District Cooling Market: Application Movement Analysis, USD Million, 2023 & 2030
- 5.3. Residential
- 5.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Commercial
- 5.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Industrial
- 5.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. District Cooling Market: Region Estimates & Trend Analysis
- 6.1. District Cooling Market Share, By Region, 2023 & 2030, USD Million
- 6.2. North America
- 6.2.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.2.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.2.4. U.S.
- 6.2.4.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.4.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.2.4.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.2.5. Canada
- 6.2.5.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.5.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.2.5.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.2.6. Mexico
- 6.2.6.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.6.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.2.6.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.3.3. District Cooling Market Estimates and Forecasts by Product, 2018 - 2030 (USD Million)
- 6.3.4. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.3.5. UK
- 6.3.5.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.5.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.3.5.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.3.6. Germany
- 6.3.6.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.6.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.3.6.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.3.7. France
- 6.3.7.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.7.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.3.7.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.3.8. Finland
- 6.3.8.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.8.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.3.8.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.3.9. Sweden
- 6.3.9.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.9.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.3.9.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.4.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.4.4. China
- 6.4.4.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.4.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.4.4.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.4.5. Japan
- 6.4.5.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.5.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.4.5.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.4.6. Singapore
- 6.4.6.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.6.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.4.6.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.4.7. South Korea
- 6.4.7.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.7.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.4.7.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.5.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.5.4. Brazil
- 6.5.4.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.4.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.5.4.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.5.5. Argentina
- 6.5.5.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.5.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.5.5.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.6.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.6.4. Saudi Arabia
- 6.6.4.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.4.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.6.4.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.6.5. UAE
- 6.6.5.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.5.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.6.5.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.6.6. Oman
- 6.6.6.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.6.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.6.6.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
- 6.6.7. Qatar
- 6.6.7.1. District Cooling Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.7.2. District Cooling Market Estimates and Forecasts by Production Technique, 2018 - 2030 (USD Million)
- 6.6.7.3. District Cooling Market Estimates and Forecasts by Application, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis by Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Market Positioning
- 7.4. Company Market Share Analysis, 2023
- 7.5. Company Heat Map Analysis, 2023
- 7.6. Strategy Mapping
- 7.7. Company Profiles
- 7.7.1. Veolia
- 7.7.1.1. Participant's Overview
- 7.7.1.2. Financial Performance
- 7.7.1.3. Product Benchmarking
- 7.7.1.4. Strategic Initiatives
- 7.7.2. Danfoss
- 7.7.2.1. Participant's Overview
- 7.7.2.2. Financial Performance
- 7.7.2.3. Product Benchmarking
- 7.7.2.4. Strategic Initiatives
- 7.7.3. Emirates District Cooling, LLC
- 7.7.3.1. Participant's Overview
- 7.7.3.2. Financial Performance
- 7.7.3.3. Product Benchmarking
- 7.7.3.4. Strategic Initiatives
- 7.7.4. Shinryo Corporation
- 7.7.4.1. Participant's Overview
- 7.7.4.2. Financial Performance
- 7.7.4.3. Product Benchmarking
- 7.7.4.4. Strategic Initiatives
- 7.7.5. Alfa Laval AB
- 7.7.5.1. Participant's Overview
- 7.7.5.2. Financial Performance
- 7.7.5.3. Product Benchmarking
- 7.7.5.4. Strategic Initiatives
- 7.7.6. ADC Energy Systems LLC
- 7.7.6.1. Participant's Overview
- 7.7.6.2. Financial Performance
- 7.7.6.3. Product Benchmarking
- 7.7.6.4. Strategic Initiatives
- 7.7.7. Daikin Industries Ltd.
- 7.7.7.1. Participant's Overview
- 7.7.7.2. Financial Performance
- 7.7.7.3. Product Benchmarking
- 7.7.7.4. Strategic Initiatives
- 7.7.8. National Central Cooling Company PJSC (TABREED)
- 7.7.8.1. Participant's Overview
- 7.7.8.2. Financial Performance
- 7.7.8.3. Product Benchmarking
- 7.7.8.4. Strategic Initiatives
- 7.7.9. SNC-Lavalin
- 7.7.9.1. Participant's Overview
- 7.7.9.2. Financial Performance
- 7.7.9.3. Product Benchmarking
- 7.7.9.4. Strategic Initiatives
- 7.7.10. Keppel Corporation Limited
- 7.7.10.1. Participant's Overview
- 7.7.10.2. Financial Performance
- 7.7.10.3. Product Benchmarking
- 7.7.10.4. Strategic Initiatives
- 7.7.11. Emirates Central Cooling System Corporation PJSC
- 7.7.11.1. Participant's Overview
- 7.7.11.2. Financial Performance
- 7.7.11.3. Product Benchmarking
- 7.7.11.4. Strategic Initiatives
- 7.7.12. Qatar District Cooling Company
- 7.7.12.1. Participant's Overview
- 7.7.12.2. Financial Performance
- 7.7.12.3. Product Benchmarking
- 7.7.12.4. Strategic Initiatives
- 7.7.13. Stellar Energy
- 7.7.13.1. Participant's Overview
- 7.7.13.2. Financial Performance
- 7.7.13.3. Product Benchmarking
- 7.7.13.4. Strategic Initiatives
- 7.7.14. Engie
- 7.7.14.1. Participant's Overview
- 7.7.14.2. Financial Performance
- 7.7.14.3. Product Benchmarking
- 7.7.14.4. Strategic Initiatives