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District Heating & Cooling Market By Heating Type (Heat-Only Boilers, Combined Heat & Power, Geothermal Heating, Solar Heating, Heat Pumps), By Cooling Type (Free Cooling, Absorption Cooling, Compression Cooling), By End-User (Residential, Commercial, Industrial) – Growth, Share, Opportunities & Competitive Analysis, 2018 – 2026

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Published: | Report ID: 5308 | Report Format : PDF

Industry Outlook

The Technique of district heating as well as district cooling, are making a strong comeback, registering a market value of US$ 13.89 Bn in 2017 and projected to flourish and reach US$ 23.66 Bn by 2026 with a notable CAGR of 6.1% compared to other space heating and cooling methods. High cost, improper utilization of available resources, and long-term solutions to domestic and commercial heat & cooling energy requirements are a few of the several factors responsible for the revival of district heating and cooling systems. Significant reduction of carbon emissions and better efficiency in heating & cooling encouraged nations to incorporate district heating & cooling plants as a part of their contribution towards saving the environment.

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Market Synopsis

Combined Heat Power is Widely Used across Various Industries due to the Various Advantages Offered by the Technique.

At present, combined heat and power district heating dominates the global district heating market. Combined heat and power (CHP) plants or cogeneration plants generate heat as well as electricity simultaneously. A conventional thermal power plant can achieve 25% to 30% efficiency. Besides, a CHP plant can achieve an efficiency of more than 80% and go beyond 100% by condensing the flue gases. This makes a significant reduction in overall carbon emissions and allows complete utilization of heat sources such as fossil fuels. However, the use of fossil fuels or other heating power sources does involve more carbon emissions compared to solar heating for district heating. The aforementioned factor and long-term cost-efficiency are projected to stimulate the demand for solar-powered district heating beyond the forecast period.

Vapor Absorption District Cooling to Bag More Market Value in Coming Years

Compression cooling has effective and fast cooling; hence, it leads the global district cooling market in terms of market value. The system uses compressors or electric chillers to produce a cooling effect through refrigerants. Compression cooling offered more tons of cooling compared to absorption with respect to the same system size. However, the electricity consumption and carbon emission are on the higher side compared to the absorption district cooling system. Consequently, the market for absorption district cooling is growing at a considerable rate and is projected to surpass vapor compression district cooling in upcoming years.

The residential End-user is the Primary Consumer of District Heating and Cooling.

Currently, the residential sector is the biggest consumer of district heating and cooling in terms of market value. The majority of district heating and cooling plants are designed and installed to reduce the burden of domestic expenditure for cooling and heating. These plants have the capability to provide necessary heating or cooling to a small section of a city if it the not a complete city. The Industrial end-user trails the residential segment and is expected to grow continuously. Industries are starting to rely on district cooling and heating as they reduce heavy expenses and generate a smaller carbon footprint. Commercial end-user is the fastest-growing segment and is projected to surpass the industrial end-user segment during the forecast period.

Changing Government Rules and Regulations is Likely to Propel the Growth of the District Heating and Cooling Market across the Globe.

The role of government initiatives for smart cities and efficient buildings is influencing the significance of district heating and cooling across the globe. These contemporary norms are posing challenges for existing conventional comforting methods to comply with rapidly changing environmental conditions. Consequently, nations across the globe are shifting towards efficient alternatives such as the use of renewable energy sources and district cooling and heating alternatives. At present, Europe is the biggest consumer of district heating, while the Middle East dominates the district cooling market. North America trails Europe and the Middle East in the combined district heating and cooling market in terms of market value.

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District Heating & Cooling Companies Showing Perseverance to be Rewarded in Years to Come.

Installation of district heating and cooling plants involves heavy investments, and formidable energy generation and distribution companies score a better chance of survival with limited competition around. Companies have to be persistent during the long process of government acceptance, infrastructure erection, and commencement of projects before reaching the break-even point. Some of the most prominent and notable players from the district heating and cooling market profiled in this research study include ADC Energy Systems LLC, Emirates Central Cooling Systems Corporation (EMPOWER), Emirates District Cooling LLC (Emicool), Emirates National Central Cooling Company PJSC (Tabreed), Keppel DHCS Pte. Ltd., Logstor A/S, KELAG Wärme GmbH, Shinryo Corporation, Vattenfall AB, Fortum Oyj, Statkraft AS, The Korea District Heating Corporation, Hafslund AS, Goteborg Energi, Tekla Corporation, and Ramboll Group A/S among others.

Market Segmentation

By Heating Type

  • Heat-only Boilers
  • Combined Heat & Power
  • Geothermal Heating
  • Solar Heating
  • Heat Pumps

By Cooling Type

  • Free Cooling
  • Absorption Cooling
  • Compression Cooling

By End-user

  • Residential
  • Commercial
  • Industrial

By Geography Segment

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • Australasia
    • Rest of Asia Pacific
  • Middle East
    • Unite the Arab Emirates
    • Saudi Arabia
    • Rest of the Middle East
  • Rest of the World (RoW)
    • Latin America
    • Africa

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.3.1 Top-Down Approach
1.3.3.2 Bottom-Up Approach
1.3.4 Phase III – Expert Panel Review
1.3.5 Assumptions
1.4 Market Segmentation

Chapter 2 Executive Summary
2.1 Market Snapshot: Global District Heating & Cooling Market
2.2 Global District Heating & Cooling Market, by Heating Type, 2017 (US$ Bn)
2.3 Global District Heating & Cooling Market, by Cooling Type, 2017 (US$ Bn)
2.4 Global District Heating & Cooling Market, by End-user, 2017 (US$ Bn)
2.5 Global District Heating & Cooling Market, by Geography, 2017 (US$ Bn)

Chapter 3 Market Dynamics
3.1 Global District Heating & Cooling Market Overview
3.1 Market Dynamics
3.1.1 Market Drivers
3.1.1.1 Growing Awareness and Efforts Towards Reducing Global Warming
3.1.1.2 Reduction in Fuel Consumption and Cooling & Heating Cost
3.1.1.3 Incorporation of Renewable Energy and Technological Advancements
3.1.2 Market Challenges
3.1.2.1 High Initial Investment and Long Churn-up Time
3.2 See-Saw Analysis
3.2.1 Impact Analysis of Drivers and Restraints
3.3 Attractive Investment Proposition, by Geography, 2017
3.4 Market Positioning of Key Players, 2017
3.4.1 Major Strategies Adopted by Key Players

Chapter 4 Global District Heating & Cooling Market Analysis, by Heating Type
4.1 Overview
4.1.1 Global District Heating & Cooling Market Value Share, by Heating Type, 2017 & 2026 (Value, %)
4.1.2 Global District Heating & Cooling Market Value, by Heating Type, 2016 – 2026 (US$ Bn)
4.2 Heat-only Boilers
4.2.1 Global Heat-only Boilers District Heating & Cooling Market, 2016 – 2026 (US$ Bn)
4.3 Combined Heat & Power
4.3.1 Global Combined Heat & Power District Heating & Cooling Market, 2016 – 2026 (US$ Bn)
4.4 Geothermal Heating
4.4.1 Global Geothermal Heating District Heating & Cooling Market, 2016 – 2026 (US$ Bn)
4.5 Solar Heating
4.5.1 Global Solar Heating District Heating & Cooling Market, 2016 – 2026 (US$ Bn)
4.6 Heat Pumps
4.6.1 Global Heat Pumps District Heating & Cooling Market, 2016 – 2026 (US$ Bn)

Chapter 5 Global District Heating & Cooling Market Analysis, by Cooling Type
5.1 Overview
5.1.1 Global District Heating & Cooling Market Value Share, by Cooling Type, 2017 & 2026 (Value, %)
5.1.2 Global District Heating & Cooling Market Value, by Cooling Type, 2016 – 2026 (US$ Bn)
5.2 Free Cooling
5.2.1 Global Free Cooling District Heating & Cooling Market, 2016 – 2026 (US$ Bn)
5.3 Absorption Cooling
5.3.1 Global Absorption Cooling District Heating & Cooling Market, 2016 – 2026 (US$ Bn)
5.4 Compression Cooling
5.4.1 Global Compression Cooling District Heating & Cooling Market, 2016 – 2026 (US$ Bn)

Chapter 6 Global District Heating & Cooling Market Analysis, by End-user
6.1 Overview
6.1.1 Global District Heating & Cooling Market Value Share, by End-user, 2017 & 2026 (Value, %)
6.1.2 Global District Heating & Cooling Market Value, by End-user, 2016 – 2026 (US$ Bn)
6.2 Residential
6.2.1 Global District Heating & Cooling Market for Residential End-use, 2016 – 2026 (US$ Bn)
6.3 Commercial
6.3.1 Global District Heating & Cooling Market for Commercial End-use, 2016 – 2026 (US$ Bn)
6.4 Industrial
6.4.1 Global District Heating & Cooling Market for Industrial End-use, 2016 – 2026 (US$ Bn)

Chapter 7 North America District Heating & Cooling Market Analysis
7.1 Overview
7.1.1 North America District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
7.2 North America District Heating & Cooling Market, by Heating Type, 2016 – 2026 (US$ Bn)
7.2.1 Comparative Analysis
7.3 North America District Heating & Cooling Market Analysis, by Cooling Type, 2016 – 2026 (US$ Bn)
7.3.1 Comparative Analysis
7.4 North America District Heating & Cooling Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
7.4.1 Comparative Analysis
7.5 North America District Heating & Cooling Market Analysis, by Country, 2016 – 2026 (US$ Bn)
7.5.1 U.S.
7.5.2 Rest of North America

Chapter 8 Europe District Heating & Cooling Market Analysis
8.1 Overview
8.1.1 Europe District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
8.2 Europe District Heating & Cooling Market, by Heating Type, 2016 – 2026 (US$ Bn)
8.2.1 Comparative Analysis
8.3 Europe District Heating & Cooling Market Analysis, by Cooling Type, 2016 – 2026 (US$ Bn)
8.3.1 Comparative Analysis
8.4 Europe District Heating & Cooling Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
8.4.1 Comparative Analysis
8.5 Europe District Heating & Cooling Market Analysis, by Country, 2016 – 2026 (US$ Bn)
8.5.1 U.K.
8.5.2 Germany
8.5.3 France
8.5.4 Rest of Europe

Chapter 9 Asia Pacific District Heating & Cooling Market Analysis
9.1 Overview
9.1.1 Asia Pacific District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
9.2 Asia Pacific District Heating & Cooling Market, by Heating Type, 2016 – 2026 (US$ Bn)
9.2.1 Comparative Analysis
9.3 Asia Pacific District Heating & Cooling Market Analysis, by Cooling Type, 2016 – 2026 (US$ Bn)
9.3.1 Comparative Analysis
9.4 Asia Pacific District Heating & Cooling Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
9.4.1 Comparative Analysis
9.5 Asia Pacific District Heating & Cooling Market Analysis, by Country, 2016 – 2026 (US$ Bn)
9.5.1 China
9.5.2 Japan
9.5.3 Australasia
9.5.4 Rest of Asia Pacific

Chapter 10 Middle East District Heating & Cooling Market Analysis
10.1 Overview
10.1.1 Middle East District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
10.2 Middle East District Heating & Cooling Market, by Heating Type, 2016 – 2026 (US$ Bn)
10.2.1 Comparative Analysis
10.3 Middle East District Heating & Cooling Market Analysis, by Cooling Type, 2016 – 2026 (US$ Bn)
10.3.1 Comparative Analysis
10.4 Middle East District Heating & Cooling Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
10.4.1 Comparative Analysis
10.5 Middle East District Heating & Cooling Market Analysis, by Country, 2016 – 2026 (US$ Bn)
10.5.1 United Arab Emirates (MEA)
10.5.2 Saudi Arabia
10.5.3 Rest of Middle East

Chapter 11 Rest of the World (RoW) District Heating & Cooling Market Analysis
11.1 Overview
11.1.1 RoW District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
11.2 RoW District Heating & Cooling Market, by Heating Type, 2016 – 2026 (US$ Bn)
11.2.1 Comparative Analysis
11.3 RoW District Heating & Cooling Market Analysis, by Cooling Type, 2016 – 2026 (US$ Bn)
11.3.1 Comparative Analysis
11.4 RoW District Heating & Cooling Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
11.4.1 Comparative Analysis
11.5 RoW District Heating & Cooling Market Analysis, by Country, 2016 – 2026 (US$ Bn)
11.5.1 Latin America
11.5.2 Africa

Chapter 12 Company Profiles
12.1 KELAG Wärme GmbH
12.2 ADC Energy Systems LLC
12.3 Emirates Central Cooling Systems Corporation (EMPOWER)
12.4 Emirates District Cooling LLC (Emicool)
12.5 Emirates National Central Cooling Company PJSC (Tabreed)
12.6 Keppel DHCS Pte. Ltd.
12.7 Logstor A/S
12.8 Shinryo Corporation
12.9 Vattenfall AB
12.10 Fortum Oyj
12.11 Statkraft AS
12.12 The Korea District Heating Corporation
12.13 Hafslund AS
12.14 Goteborg Energi
12.15 Tekla Corporation
12.16 Ramboll Group A/S

List of Figures

FIG. 1 Global District Heating & Cooling Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global District Heating and Cooling Market Segmentation
FIG. 4 Global District Heating & Cooling Market, by Heating Type, 2017 (US$ Bn)
FIG. 5 Global District Heating & Cooling Market, by Cooling Type, 2017 (US$ Bn)
FIG. 6 Global District Heating & Cooling Market, by End-user, 2017 (US$ Bn)
FIG. 7 Global District Heating & Cooling Market, by Geography, 2017 (US$ Bn)
FIG. 8 Global District Heating & Cooling Market Value and Growth, 2016 – 2026, (US$ Bn) (Y-o-Y %)
FIG. 9 See-Saw Analysis: Global Industrial Mezzanines Market
FIG. 10 Attractive Investment Proposition, by Geography, 2017
FIG. 11 Global Market Positioning of Key District Heating & Cooling Companies, 2017
FIG. 12 Global District Heating & Cooling Market Value Share, by Heating Type, 2017 & 2026 (Value, %)
FIG. 13 Global Heat-only Boilers District Heating & Cooling Market, 2016 – 2026 (US$ Bn)
FIG. 14 Global Combined Heat & Power District Heating & Cooling Market, 2016 – 2026 (US$ Bn)
FIG. 15 Global Geothermal Heating District Heating & Cooling Market, 2016 – 2026 (US$ Bn)
FIG. 16 Global Solar Heating District Heating & Cooling Market, 2016 – 2026 (US$ Bn)
FIG. 17 Global Heat Pumps District Heating & Cooling Market, 2016 – 2026 (US$ Bn)
FIG. 18 Global District Heating & Cooling Market Value Share, by Cooling Type, 2017 & 2026 (Value, %)
FIG. 19 Global Free Cooling District Heating & Cooling Market, 2016 – 2026 (US$ Bn)
FIG. 20 Global Absorption Cooling District Heating & Cooling Market, 2016 – 2026 (US$ Bn)
FIG. 21 Global Compression Cooling District Heating & Cooling Market, 2016 – 2026 (US$ Bn)
FIG. 22 Global District Heating & Cooling Market Value Share, by End-user, 2017 & 2026 (Value, %)
FIG. 23 Global District Heating & Cooling Market for Residential End-use, 2016 – 2026 (US$ Bn)
FIG. 24 Global District Heating & Cooling Market for Commercial End-use, 2016 – 2026 (US$ Bn)
FIG. 25 Global District Heating & Cooling Market for Industrial End-use, 2016 – 2026 (US$ Bn)
FIG. 26 North America District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 27 U.S. District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 28 Rest of North America District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 29 Europe District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 30 U.K. District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 31 Germany District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 32 France District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 33 Rest of Europe District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 34 Asia Pacific District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 35 China District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 36 Japan District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 37 Australasia District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 38 Rest of Asia Pacific District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 39 Middle East District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 40 United Arab Emirates (MEA) District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 41 Saudi Arabia District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 42 Rest of Middle East District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 43 RoW District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 44 Latin America District Heating & Cooling Market Value, 2016-2026, (US$ Bn)
FIG. 45 Africa District Heating & Cooling Market Value, 2016-2026, (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global District Heating & Cooling Market Value
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global District Heating & Cooling Market, by Heating Type, 2016 – 2026 (US$ Bn)
TABLE 5 Global District Heating & Cooling Market, by Cooling Type, 2016 – 2026 (US$ Bn)
TABLE 6 Global District Heating & Cooling Market, by End-user, 2016 – 2026 (US$ Bn)
TABLE 7 North America District Heating & Cooling Market, by Heating Type, 2016 – 2026 (US$ Bn)
TABLE 8 North America District Heating & Cooling Market, by Cooling Type, 2016 – 2026 (US$ Bn)
TABLE 9 North America District Heating & Cooling Market, by End-user, 2016 – 2026 (US$ Bn)
TABLE 10 Europe District Heating & Cooling Market, by Heating Type, 2016 – 2026 (US$ Bn)
TABLE 11 Europe District Heating & Cooling Market, by Cooling Type, 2016 – 2026 (US$ Bn)
TABLE 12 Europe District Heating & Cooling Market, by End-user, 2016 – 2026 (US$ Bn)
TABLE 13 Asia Pacific District Heating & Cooling Market, by Heating Type, 2016 – 2026 (US$ Bn)
TABLE 14 Asia Pacific District Heating & Cooling Market, by Cooling Type, 2016 – 2026 (US$ Bn)
TABLE 15 Asia Pacific District Heating & Cooling Market, by End-user, 2016 – 2026 (US$ Bn)
TABLE 16 Middle East District Heating & Cooling Market, by Heating Type, 2016 – 2026 (US$ Bn)
TABLE 17 Middle East District Heating & Cooling Market, by Cooling Type, 2016 – 2026 (US$ Bn)
TABLE 18 Middle East District Heating & Cooling Market, by End-user, 2016 – 2026 (US$ Bn)
TABLE 19 RoW District Heating & Cooling Market, by Heating Type, 2016 – 2026 (US$ Bn)
TABLE 20 RoW District Heating & Cooling Market, by Cooling Type, 2016 – 2026 (US$ Bn)
TABLE 21 RoW District Heating & Cooling Market, by End-user, 2016 – 2026 (US$ Bn)
TABLE 22 KELAG Wärme GmbH: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 23 ADC Energy Systems LLC: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 24 Emirates Central Cooling Systems Corporation (EMPOWER): Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 25 Emirates District Cooling LLC (Emicool): Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 26 Emirates National Central Cooling Company PJSC (Tabreed): Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 27 Keppel DHCS Pte. Ltd.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 28 Logstor A/S: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 29 Shinryo Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 30 Vattenfall AB: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 31 Fortum Oyj: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 32 Statkraft AS: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 33 The Korea District Heating Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 34 Hafslund AS: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 35 Goteborg Energi: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 36 Tekla Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 37 Ramboll Group A/S: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)

Frequently Asked Questions

What is the size of District Heating & Cooling Market?

The market for District Heating & Cooling Market is expected to reach US$ 23.66 Bn by 2026.

What is the District Heating & Cooling Market CAGR?

The District Heating & Cooling Market is expected to see significant CAGR growth over the coming years, at 6.1%.

What is the Forecast period considered for District Heating & Cooling Market?

The report is forecasted from 2018-2026.

What is the base year considered for District Heating & Cooling Market?

The base year of this report is 2017.

Who are the major players in this market?

Emirates Central Cooling Systems Corporation (EMPOWER), Emirates District Cooling LLC (Emicool), Emirates National Central Cooling Company PJSC (Tabreed), Keppel DHCS Pte. Ltd., Logstor A/S, KELAG Wärme GmbH, Shinryo Corporation, Vattenfall AB, Fortum Oyj, Statkraft AS, The Korea District Heating Corporation, Hafslund AS, Goteborg Energi, Tekla Corporatio are some of the major players in the global market.

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