Market Forecast By Applications (Residential, Commercial, Industrial), By Technology (Electric Chillers, Absorption Chillers, Free cooling & Others), By Countries(the United States, Canada & Rest of North America) and by Competitive Landscape.
Product Code: ETC001286 | Publication Date: Oct 2019 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
The North America District Cooling Market has become one of the most prominent markets across the continent. These cooling systems are attaining traction in the region and the latest developments in the sector signify that this trend is likely to continue. The rising number of district cooking projects in the market is one latest development that is fueling the North America District Cooling Market Share. It resulted in the rising demand for district cooling technology that delivers a cost-effective and sustainable approach to air conditioning. The adoption of renewable energy sources in the market is another essential development shaping the market's future. These systems help reduce their carbon footprint and provide efficient and reliable cooling solutions by harnessing wind, solar or geothermal energy. The market is also experiencing technological advancements as remote controlling and monitoring of these systems are possible as IoT devices and smart meters have become more prevalent.
Rapid industrialization coupled with the increasing private sector investments in the development of energy-efficient cooling systems is the key driver that has augmented the growth of the District Cooling market in the North America region. Moreover, various government policies have triggered the development of sustainable technologies for heating and cooling urban buildings, which would further propel the growth of district cooling systems. For instance, St Paul City in the United States uses district energy generated by renewable sources such as wood waste to displace millions of tons of coal annually, thereby paving the way for environment-friendly solutions.
According to 6Wresearch, the North America District Cooling Market size is expected to witness significant growth during 2019-2025. The United States is the leading revenue-generating country in the North America district cooling market owing to the rising demand for sustainable sources. “District Energy in Cities Initiative” launched by the “UN Environment” has been a helping hand in accelerating the transition towards a green economy thereby escalating the demand for district energy systems.
The absorption cooling segment accounts for a major share of market demand and is anticipated to retain the same over the forecast period as well owing to the high use of waste energy. Further, the growing demand for the reduction of peak power consumption would enhance the demand for the free cooling market segment.
North America District Cooling Market report thoroughly covers the market by applications, technology, and countries including the United States, Canada, and the rest of North America. North America District cooling market outlook report provides an unbiased and detailed analysis of the North America District cooling market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their strategies according to the future and current market dynamics.
North America District Cooling Market is projected to witness potential growth in the coming time frame backed by the rising replacement of conventional energy with the sustainable energy system in order to reduce environmental degradation which is estimated to generate high adoption for district cooling systems during the forecast period. Moreover, on the basis of product type, Absorption chillers are expected to dominate the overall market revenues owing to the rising capability of district cooling systems in reducing electricity cost coupled with the effective cooling facility is expected to trigger the demand for district cooling systems and would foster profound growth of North America District Cooling Systems in the coming years.
A number of players exist in the sector but a few players are leading the sector which includes:
The North America District Cooling Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. North America District Cooling Market Overview |
3.1 North America Region Indicators |
3.2 North America District Cooling Market Revenues 2015-2025F |
3.3 North America District Cooling Market Revenue Share, By Applications, 2018 & 2025F |
3.4 North America District Cooling Market Revenue Share, By Technology, 2018 & 2025F |
3.5 North America District Cooling Market Revenue Share, By Regions, 2018 & 2025F |
3.6 North America District Cooling Market - Industry Life Cycle |
3.7 North America District Cooling Market - Porter’s Five Forces |
4. North America District Cooling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. North America District Cooling Market Trends |
6. North America District Cooling Market Overview, By Applications |
6.1 North America District Cooling Market Revenues & Volume, By Residential, 2015-2025F |
6.2 North America District Cooling Market Revenues & Volume, By Commercial, 2015-2025F |
6.3 North America District Cooling Market Revenues & Volume, by Industrial, 2015-2025F |
7. North America District Cooling Market Overview, By Technology |
7.1 North America District Cooling Market Revenues & Volume, By Electric Chillers, 2015-2025F |
7.2 North America District Cooling Market Revenues & Volume, By Absorption Chillers, 2015-2025F |
7.3 North America District Cooling Market Revenues & Volume, By Free Cooling, 2015-2025F |
7.3 North America District Cooling Market Revenues & Volume, By Others, 2015-2025F |
8. United States District Cooling Market Overview |
8.1 United States District Cooling Market Revenues, 2015-2025F |
8.2 United States District Cooling Market Revenues, By Applications, 2015-2025F |
8.3 United States District Cooling Market Revenues, By Technology, 2015-2025F |
9. Canada District Cooling Market Overview |
9.1 Canada District Cooling Market Revenues, 2015-2025F |
9.2 Canada District Cooling Market Revenues, By Applications, 2015-2025F |
9.3 Canada District Cooling Market Revenues, By Technology, 2015-2025F |
10. Rest of North America District Cooling Market Overview |
10.1 Rest of North America District Cooling Market Revenues, 2015-2025F |
11. North America District Cooling Market - Key Performance Indicators |
12. North America District Cooling Market Opportunity Assessment |
12.1 North America District Cooling Market Opportunity Assessment, By Applications, 2025F |
12.2 North America District Cooling Market Opportunity Assessment, By Technology, 2025F |
12.3 North America District Cooling Market Opportunity Assessment, By Regions, 2025F |
13. North America District Cooling Market Competitive Landscape |
13.1 North America District Cooling Market Revenue Share, By Companies, 2018 |
13.1.1 United States District Cooling Market Revenue Share, By Companies, 2018 |
13.1.2 Canada District Cooling Market Revenue Share, By Companies, 2018 |
13.2 North America District Cooling Market Competitive Benchmarking, By Operating Parameters |
14. Company Profiles |
15. Strategic Recommendations |
16. Disclaimer |