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District Cooling Market Size, Share, By Source (Fossil Fuels, Renewable Energy, and Others), Production Techniques (Free Cooling, Absorption Cooling, Electric Chillers, and Others), Cooling Medium (Water, Brine, Refrigerants, Thermal Energy Storage, and O

Publisher Prophecy Market Insights
Published Feb 25, 2025
Length 167 Pages
SKU # PRMI19808518

Description

District Cooling Market Size, Share, By Source (Fossil Fuels, Renewable Energy, and Others), Production Techniques (Free Cooling, Absorption Cooling, Electric Chillers, and Others), Cooling Medium (Water, Brine, Refrigerants, Thermal Energy Storage, and Others), Application (Residential, Commercial, and Industrial), and Region - Trends, Analysis, and Forecast till 2035

District cooling is a modern and efficient way to air condition a network of buildings in cities or campuses. Increasing demand for energy-efficient and sustainable cooling solutions, highly efficiency of district cooling, and utilization in centralized production, rapid urbanization, government initiatives, technological advancements, and so on are factors which contributes to the market hike.

District Cooling Market Report Highlights:
  • By 2035, the market is expected to be worth USD 29.0 Billion.
  • District cooling market size was calculated at USD 13.4 Billion in 2024.
  • Target market is maturing at a CAGR of 8.2%.
  • By source, the market is expected to be led by the fossil fuels segment during the projected period.
  • On the basis of production techniques, the electric chillers segment is dominating the market.
  • Based on cooling medium, the water segment holds the largest district cooling market share.
  • On the basis of application, the commercial segment is projected to dominate the market during the forecast period.
  • Asia Pacific holds the largest share of the market.
  • The Middle East & Africa will be the fastest-growing region in the market.
List of Key Players in the Market:
  • Veolia
  • ENGIE
  • ADC ENERGY SYSTEMS
  • Emicool
  • ARANER
  • Danfoss
  • Keppel EaaS Pte. Ltd.
  • RAMBOLL
  • SHINRYO CORPORATION
  • TABREED
  • DAIKIN INDUSTRIES, Ltd.
  • Trane Technologies Company, LLC
  • MITSUBISHI HEAVY INDUSTRIES, LTD.
  • LOGSTOR DENMARK HOLDING APS
District Cooling Market Key Highlights:
  • In October 2024, Tata Power Trading Company Limited, , one of India’s largest integrated power companies, and Keppel, a Singapore-headquartered global asset manager and operator, have entered into a collaboration arrangement to launch sustainable Cooling-as-a-Service (CaaS) solutions in India. CaaS enable businesses and building owners to subscribe to long-term, energy-efficient space cooling solutions without having to invest heavily in infrastructure, thus allowing them to enjoy significant energy and cost savings.
Report Features:
  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2025 to 2035.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
  • Market intelligence to enable effective decision-making
  • Growth opportunities and trend analyses
  • Market estimates and forecasts from 2025 to 2035
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
District Cooling Market Segmentation:

By Source:
  • Fossil Fuels
  • Renewable Energy
  • Others
By Production Techniques:
  • Free Cooling
  • Absorption Cooling
  • Electric Chillers
  • Others
By Cooling Medium:
  • Water
  • Brine
  • Refrigerants
  • Thermal Energy Storage
  • Others
By Application:
  • Residential
  • Commercial
  • Industrial
By Region:
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • U.K.
  • France
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Indonesia
  • Malaysia
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa
Competitive Landscape of District Cooling Market:

The major competitors in the district cooling market are Veolia, ENGIE, ADC ENERGY SYSTEMS, Emicool, ARANER, Danfoss, Keppel EaaS Pte. Ltd., RAMBOLL, SHINRYO CORPORATION, TABREED, DAIKIN INDUSTRIES, Ltd., Trane Technologies Company, LLC, MITSUBISHI HEAVY INDUSTRIES, LTD., and LOGSTOR DENMARK HOLDING APS.

Key Questions Answered:
  • How is the District Cooling Market expected to evolve by 2035?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2035?
  • Who are the leading players in the market, and what are their prospects?

Table of Contents

167 Pages
Research Objective and Assumption
Research Objectives
Assumptions
Abbreviations
Market Preview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Source
Market Snippet, By Production Techniques
Market Snippet, By Cooling Medium
Market Snippet, By Application
Market Snippet, By Region
Opportunity Map Analysis
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Market Trends
Product Launch
Merger and Acquisitions
Impact Analysis
PEST Analysis
Porter’s Analysis
Product Launch
Collaboration & Partnership Scenarios
Investment & Funding Scenarios
Market Segmentation, By Source, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Fossil Fuels
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Renewable Energy
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Production Techniques, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Free Cooling
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Absorption Cooling
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Electric Chillers
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Cooling Medium, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Water
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Brine
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Refrigerants
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Thermal Energy Storage
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Application, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Residential
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Commercial
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Industrial
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Regional Trends
North America
Market Size and Forecast (USD Bn), By Source, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Production Techniques, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Cooling Medium, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
U.S.
Canada
Asia Pacific
Market Size and Forecast (USD Bn), By Source, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Production Techniques, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Cooling Medium, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
China
India
Japan
Australia
Indonesia
Malaysia
South Korea
Rest of Asia Pacific
Europe
Market Size and Forecast (USD Bn), By Source, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Production Techniques, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Cooling Medium, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
Germany
U.K.
France
Russia
Italy
Spain
Netherlands
Rest of Europe
Latin America
Market Size and Forecast (USD Bn), By Source, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Production Techniques, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Cooling Medium, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
Market Size and Forecast (USD Bn), By Source, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Production Techniques, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Cooling Medium, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
GCC
Israel
South Africa
Rest of Middle East and Africa
Competitive Landscape
Heat Map Analysis
Company Profiles
Veolia
ENGIE
ADC ENERGY SYSTEMS
Emicool
ARANER
Danfoss
Keppel EaaS Pte. Ltd.
RAMBOLL
SHINRYO CORPORATION
TABREED
DAIKIN INDUSTRIES, Ltd.
Trane Technologies Company, LLC
MITSUBISHI HEAVY INDUSTRIES, LTD.
LOGSTOR DENMARK HOLDING APS

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