Asia Pacific and Middle East set to dominate district cooling market

The district cooling market is a stabilized market in the Middle East and Asia (MEA) region which is projected to register a growth rate of more than 16.0% in the next five years.

This is the conclusion of a new report: ‘District Cooling Market by Application (Commercial, Residential, Industrial and Others) - Global Trends & Forecasts to 2019’ from Fast Market Research.

According to this analysis, the MEA region will be dominating the market, capturing more than 40% of the overall district cooling demand by 2019.

Upcoming opportunities for the district cooling players are the emerging economies in the Asia-Pacific region with nations like China and India coming up with large scale commercial and residential projects and number of special economic zones (SEZs) which can be suitable for investments to boost the district cooling market.

The district cooling market includes major players such as Tabreed (UAE), Empower (UAE), Emicool (UAE), Ramboll (Denmark), Stellar Energy (U.S.), and regional players such as Shinryo Corporation (Japan) and Keppel DHCS (Singapore). 

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