Europe District Cooling Market to cross $40bn by 2024 - PowerPoint PPT Presentation

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Europe District Cooling Market to cross $40bn by 2024


More Information @ Residential district cooling market is projected to grow over 2% by 2024. Ongoing deployment of government assisted sustainable establishments along with increasing adoption of small scale DC systems will foster the industry growth. For instance, in 2016, AEB and Westport Warmte initiated a project in Amsterdam to construct DC plants for space cooling across the residential buildings. – PowerPoint PPT presentation

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Title: Europe District Cooling Market to cross $40bn by 2024

Heat pump District Cooling Market to grow at 2
CAGR from 2017-2024 Global Market Insights Inc.
Industry Overview
  • Europe District Cooling Market to exceed USD 40
    billion by 2024, driven growing norms toward zero
    emission buildings. Acceleration in the demand
    for space cooling systems along with growing
    concerns pertaining to carbon emissions will
    drive the market size. Extreme climatic
    conditions across the region including Sweden,
    Italy and Germany will stimulate the product
  • Ease of parity, economies of scale in long run
    and high standard of operations maintenance are
    some of the key features which will stimulate the
    Europe district cooling market size. In addition,
    the high reliability flexibility of systems
    with various production techniques will
    positively influence the business growth.
  • Sweden district cooling market is set to reach
    over 3,000 TJ by 2024. Increasing penetration of
    renewable energy technologies owing to ambitious
    government targets toward sustainable technology
    adoption will fuel the business growth.
    Geographical proximity to the gulf stream across
    the nation will further encourage the product
    adoption. The government of Sweden in 2017, has
    planned to invest USD 103 5 million toward
    development of renewable energy sector by 2020.

  • Commercial district cooling market share is set
    to grow owing to increasing emphasis on energy
    efficiency and sustainable building solutions.
    The increasing commercial floor space on account
    of flourishing service sector along with ongoing
    investments toward infrastructure development
    will stimulate the industry growth. According to
    European Real Estate in fourth quarter of 2016,
    the investments across commercial establishments
    were valued at USD 107.8 billon.
  • Heat pump district cooling market is set to
    witness a growth of over 2 by 2024. Increasing
    adoption of product across Northern Europe owing
    to its ease of compatibility with conventional
    heating technology will foster the industry
    growth. These pumps are being widely used for
    cooling and heating purposes across residential
    and commercial establishments. The technology
    uses waste heat to generate energy thereby,
    reducing the carbon emissions effectively when
    compared with its competitive counterparts.
  • Technological advancement in product development
    and design along with ongoing RD activities will
    propel the product growth. Increasing government
    focus toward sustainable and energy efficient
    establishments along with stringent emission
    reduction targets will propel the district
    cooling market in Europe. The EUs Renewable
    Energy Directive has enforced standards toward
    the limitation and reduction of emissions caused
    by industries established across the region.


Browse Full Market Research Report Of Europe
District Cooling Market _at_ https//
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report _at_ https//
Norway District Cooling Market Size, By
Production Technique, 2017 2024 (USD Million)

Industry Coverage

  • France district cooling market will grow on
    account of stringent government norms toward the
    adoption of energy efficient technologies along
    with accelerating population across the nation.
    In addition, the ongoing development of energy
    management systems coupled with increasing
    investments toward innovative energy efficiency
    solutions will stimulate the DC grid network.
  • Notable players catering the Europe district
    cooling industry include Engie, Logstor, Alfa
    Laval, Ramboll, Siemens, Veolia, Helen, Wien
    Energi, Vattenfall, Goteborg Energi, and Fortum.
    Major industry players are focusing toward
    product customization and continuous research and
    development activities as a key strategy to
    sustain their presence across the region.

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