Europe District Cooling Market to cross $40bn by 2024

1
Heat pump District Cooling Market to grow at 2
CAGR from 2017-2024 Global Market Insights Inc.
2
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
  penetration.
• 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.

3
Continue

• 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.

4

Browse Full Market Research Report Of Europe
District Cooling Market _at_ https//bit.ly/2EvFPlY
Request for a Sample of this Research
report _at_ https//www.gminsights.com/request-sample
/detail/2478
5
Norway District Cooling Market Size, By
Production Technique, 2017 2024 (USD Million)

6
Industry Coverage

7
Continue

• 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.

8
Stay In Touch Website www.gminsights.com Soci
al Media