Companies like Danfoss, Emicool, and Veolia lead the district heating and cooling market due to their extensive experience and strong industry reputation. Their established credibility and trust in their products stem from a focus on innovation, which enables them to offer advanced technologies and solutions tailored to meet diverse customer needs effectively.
District Heating & Cooling Market Companies
ADC Energy Systems
Danfoss
DC Pro Engineering
Emicool
Emirates Central Cooling Systems Corporation PJSC
ENGIE
Fortum
Göteborg Energi
Helen Oy
Keppel Corporation Limited
Korea District Heating Corporation
LOGSTOR Denmark Holding ApS
Ørsted A/S
Pal Group
Ramboll Group A/S, RWE
Shinryo Corporation
Siemens
SNC-Lavalin Group
Statkraft AS
STEAG GMBH
Tabreed
Vattenfall AB
Veolia
Authors:
Ankit Gupta, Abhishek Chopra
Frequently Asked Questions (FAQ) :
The market size of district heating & cooling was worth about USD 292.9 billion in 2023 and will expand at 5.7% CAGR between 2024 and 2032, owing to increasing urbanization and the need for efficient, centralized climate control solutions in densely populated areas.
District heating & cooling market from the residential segment will witness 4.9% CAGR through 2032, fueled by the growing demand for efficient and cost-effective climate control solutions in homes.
Asia Pacific district heating & cooling industry will surpass USD 164.9 billion by 2032, due to growing population, rising residential and commercial construction, and industrialization across the region.
Leading companies operating in the district heating & cooling market are ADC Energy Systems, Danfoss, DC Pro Engineering, ENGIE, Fortum, Helen Oy, Keppel Corporation Limited, Korea District Heating Corporation, Ramboll Group A/S, RWE, Siemens, SNC-Lavalin Group, STEAG GMBH, Vattenfall AB, and Veolia, among others.