Product Code: GVR-4-68040-335-6
District Cooling Market Summary
The global district cooling market size was estimated at USD 986.1 million in 2024, and is projected to reach USD 1,272.8 million by 2030, growing at a CAGR of 4.4% from 2025 to 2030. The increasing demand for energy-efficient cooling solutions primarily drives the market growth.
As urbanization expands and temperatures rise due to climate change, the need for sustainable cooling systems becomes more pressing. District cooling offers significant energy savings by centralizing cooling production and distributing chilled water to multiple buildings, reducing overall electricity consumption compared to traditional air conditioning methods.
The District Cooling (DC) Guidelines were developed as part of the Energy Efficient Cooling (EE Cool) initiative by GIZ GmbH on behalf of the German Federal Ministry for Economic Affairs and Climate Action (BMWK) and Bureau of Energy Efficiency (BEE), India.
Several factors drive the district cooling market, including the increasing demand for energy-efficient cooling solutions, rapid urbanization, and supportive government policies. The growing awareness about climate change and the need for sustainable urban development also contributes to market growth. Furthermore, district cooling systems offer cost advantages in reduced energy consumption and lower maintenance costs, making them an attractive option for large-scale cooling applications. However, the high initial investment and the complexity of installing and integrating district cooling systems pose significant challenges. Additionally, the need for a well-developed infrastructure for the distribution of cooling energy can limit the adoption of district cooling in certain regions.
Despite these challenges, numerous growth opportunities exist, particularly with the increasing focus on smart cities and sustainable urban development. Integrating renewable energy sources, such as solar and geothermal energy, into district cooling systems presents significant innovation and market expansion opportunities.
Global District Cooling Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest 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
- Europe
- UK
- Germany
- France
- Finland
- Sweden
- Asia Pacific
- China
- Japan
- Singapore
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- UAE
- Oman
- Qatar
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. District Cooling Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. Macro-environmental Analysis
Chapter 4. District Cooling Market: Production Technique Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. District Cooling Market: Production Technique Movement Analysis & Market Share, 2024 & 2030
- 4.3. Free Cooling
- 4.3.1. Free Cooling Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Absorption Cooling
- 4.4.1. Absorption Cooling Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Electric Chillers
- 4.5.1. Electric Chillers Market Revenue 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 & Market Share, 2024 & 2030
- 5.3. Commercial
- 5.3.1. Commercial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Residential
- 5.4.1. Residential Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Industrial
- 5.5.1. Industrial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. District Cooling Market: Regional Estimates & Trend Analysis
- 6.1. Regional Movement Analysis & Market Share, 2024 & 2030
- 6.2. North America
- 6.2.1. North America District Cooling Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. Key country dynamics
- 6.2.2.2. U.S. district cooling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Key country dynamics
- 6.2.3.2. Canada district cooling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Key country dynamics
- 6.2.4.2. Mexico district cooling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Chemical Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.3.2. Germany
- 6.3.2.1. Key country dynamics
- 6.3.2.2. Germany district cooling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.3.3. UK
- 6.3.3.1. Key country dynamics
- 6.3.3.2. UK district cooling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.3.4. France
- 6.3.4.1. Key country dynamics
- 6.3.4.2. France district cooling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.3.5. Sweden
- 6.3.5.1. Key country dynamics
- 6.3.5.2. Sweden district cooling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.3.6. Finland
- 6.3.6.1. Key country dynamics
- 6.3.6.2. Finland district cooling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific District Cooling Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.4.2. China
- 6.4.2.1. Key country dynamics
- 6.4.2.2. China district cooling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.4.3. Japan
- 6.4.3.1. Key country dynamics
- 6.4.3.2. Japan district cooling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.4.4. Singapore
- 6.4.4.1. Key country dynamics
- 6.4.4.2. Singapore district cooling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.4.5. South Korea
- 6.4.5.1. Key country dynamics
- 6.4.5.2. South Korea district cooling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America District Cooling Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Key country dynamics
- 6.5.2.2. Brazil district cooling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.5.3. Argentina
- 6.5.3.1. Key country dynamics
- 6.5.3.2. Argentina district cooling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Middles East & Africa Chemical Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.6.2. Saudi Arabia
- 6.6.2.1. Key country dynamics
- 6.6.2.2. Saudi Arabia district cooling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.6.3. UAE
- 6.6.3.1. Key country dynamics
- 6.6.3.2. UAE district cooling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.6.4. Oman
- 6.6.4.1. Key country dynamics
- 6.6.4.2. Oman district cooling market estimates & forecast, 2018 - 2030 (USD Million)
- 6.6.5. Qatar
- 6.6.5.1. Key country dynamics
- 6.6.5.2. Qatar district cooling market estimates & forecast, 2018 - 2030 (USD Million)
Chapter 7. District Cooling Market - Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Heat Map
- 7.4. Position Analysis, 2024
- 7.5. Strategy Mapping
- 7.5.1. Expansion
- 7.5.2. Mergers & Acquisition
- 7.5.3. Partnerships & Collaborations
- 7.5.4. New Product Launches
- 7.5.5. Research And Development
- 7.6. Company Profiles
- 7.6.1. Veolia
- 7.6.1.1. Participant's overview
- 7.6.1.2. Financial performance
- 7.6.1.3. Product benchmarking
- 7.6.1.4. Recent developments
- 7.6.2. Danfoss
- 7.6.2.1. Participant's overview
- 7.6.2.2. Financial performance
- 7.6.2.3. Product benchmarking
- 7.6.2.4. Recent developments
- 7.6.3. Emicool
- 7.6.3.1. Participant's overview
- 7.6.3.2. Financial performance
- 7.6.3.3. Product benchmarking
- 7.6.3.4. Recent developments
- 7.6.4. SHINRYO CORPORATION
- 7.6.4.1. Participant's overview
- 7.6.4.2. Financial performance
- 7.6.4.3. Product benchmarking
- 7.6.4.4. Recent developments
- 7.6.5. ALFA LAVAL
- 7.6.5.1. Participant's overview
- 7.6.5.2. Financial performance
- 7.6.5.3. Product benchmarking
- 7.6.5.4. Recent developments
- 7.6.6. ADC Energy Systems
- 7.6.6.1. Participant's overview
- 7.6.6.2. Financial performance
- 7.6.6.3. Product benchmarking
- 7.6.6.4. Recent developments
- 7.6.7. DAIKIN INDUSTRIES, Ltd.
- 7.6.7.1. Participant's overview
- 7.6.7.2. Financial performance
- 7.6.7.3. Product benchmarking
- 7.6.7.4. Recent developments
- 7.6.8. Tabreed
- 7.6.8.1. Participant's overview
- 7.6.8.2. Financial performance
- 7.6.8.3. Product benchmarking
- 7.6.8.4. Recent developments
- 7.6.9. AtkinsRealis
- 7.6.9.1. Participant's overview
- 7.6.9.2. Financial performance
- 7.6.9.3. Product benchmarking
- 7.6.9.4. Recent developments
- 7.6.10. Keppel Ltd
- 7.6.10.1. Participant's overview
- 7.6.10.2. Financial performance
- 7.6.10.3. Product benchmarking
- 7.6.10.4. Recent developments
- 7.6.11. Emirates Central Cooling Systems Corporation PJSC
- 7.6.11.1. Participant's overview
- 7.6.11.2. Financial performance
- 7.6.11.3. Product benchmarking
- 7.6.11.4. Recent developments
- 7.6.12. Qatar District Cooling Company Private J.S.C
- 7.6.12.1. Participant's overview
- 7.6.12.2. Financial performance
- 7.6.12.3. Product benchmarking
- 7.6.12.4. Recent developments
- 7.6.13. Stellar Energy International
- 7.6.13.1. Participant's overview
- 7.6.13.2. Financial performance
- 7.6.13.3. Product benchmarking
- 7.6.13.4. Recent developments
- 7.6.14. ENGIE
- 7.6.14.1. Participant's overview
- 7.6.14.2. Financial performance
- 7.6.14.3. Product benchmarking
- 7.6.14.4. Recent developments