Middle East District Cooling Market Global Industry Analysis, By System, Growth Potential, Share, Top Key Players, Trends & Forecast to 2027
Category: #business  By Rahul Varpe  Date: 2021-08-03
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Middle East District Cooling Market Global Industry Analysis, By System, Growth Potential, Share, Top Key Players, Trends & Forecast to 2027

The Middle East district cooling market is poised to experience commendable growth in the coming years due to growing use of heat emitting technical equipment, and rising demand for better indoor climate as well as comfort, particularly in offices and commercial spaces. District cooling refers to the centralized production as well as distribution of cooling energy.

District cooling delivers chilled water through an insulated underground pipeline to industrial, residential, office, and other kinds of buildings. This is mainly to cool the air in the interior parts of the buildings in a district.

It is also known as an environmentally friendly, economical as well as energy saving cooling method. It is also considered a highly secure and a reliable source of cooling. In addition, district cooling could be run on natural gas or electricity and might also use seawater instead of regular water.

The Middle East district cooling market is bifurcated in terms of production technique, application, and regional landscape.

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In terms of application, the overall Middle East market for district cooling is classified into industrial, residential and commercial. The commercial segment is further categorized into healthcare, education, government and office. Among these, the education segment is set to grow at a rate of more than 8% by the end of 2027.

In 2020, the office application segment was valued over $700 million and is expected to showcase a lucrative growth rate during the study time period. The government segment is slated to grow at a rate of over 8% by the end of the analysis time period.

On the basis of country, the Oman district cooling market is set to grow at a rate of over 9% by the end of 2027. In 2020, the district cooling market in Qatar was valued at more than $800 million and will continue to exhibit similar growth patterns in the years to come.

Meanwhile, the Kuwait district cooling market is set to grow at a rate of over 8% by the end of the analysis timeline. District cooling is one of the best ways to achieve extremely high energy efficiency as well as large power shredding in hot and dry weather of Kuwait.

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District cooling market in Bahrain 2020 was valued over at above $100 million and is forecast to progress at rapid pace over the projected time period. The demand for district cooling in the country is likely to expand tremendously over the coming years. In fact, Tabreed, a renowned district cooling solutions provider across the Middle East, estimates that demand for district cooling is slated to increase threefold across the GCC by 2030.

Table of Contents

Chapter 1 Methodology & Scope

  • 1.1 Methodology
  • 1.2 Market definitions
  • 1.3 Market estimates and forecast parameters
    • 1.3.1 Abbreviation
  • 1.4 Data sources
    • 1.4.1 Primary
    • 1.4.2 Secondary
      • 1.4.2.1 Paid sources
      • 1.4.2.2 Public Sources

Chapter 2 Executive Summary

  • 2.1 Middle East district cooling industry 360 degree synopsis, 2017 - 2027
    • 2.1.1 Business trends
    • 2.1.2 Production technique trends
    • 2.1.3 Application trends
    • 2.1.4 Country trends

Chapter 3 Middle East District Cooling Industry Insights

  • 3.1 Industry segmentation
  • 3.2 Industry ecosystem analysis
    • 3.2.1 Vendor Matrix
  • 3.3 Innovation & sustainability landscape
  • 3.4 Regulatory landscape
    • 3.4.1 United Arab Emirates (UAE)
      • 3.4.1.1 Abu Dhabi
      • 3.4.1.2 District Cooling Applicability Regulation
        • 3.4.1.2.1 DC Applicability
        • 3.4.1.2.2 DC Applicability
      • 3.4.1.3 Dubai
        • 3.4.1.3.1 Green Building Regulations & Specifications
        • 3.4.1.3.2 Section 1: Administration
        • 3.4.1.3.3 Re-Commissioning of Building Services - Existing Buildings
    • 3.4.2 Oman
    • 3.4.3 Qatar
      • 3.4.3.1 District Cooling Design and Water Management Code 2016
    • 3.4.4 Saudi Arabia
  • 3.5 COVID- 19 impact on the industry outlook
    • 3.5.1 Top 10 Middle East countries impacted by COVID- 19
  • 3.6 Price trend analysis
    • 3.6.1 Levelized costs of district cooling
    • 3.6.2 Network costs for district cooling
    • 3.6.3 Comparative costs of district cooling sources
  • 3.7 Industry impact forces
    • 3.7.1 Growth drivers
      • 3.7.1.1 Rising infrastructural spending
      • 3.7.1.2 Extreme climatic conditions
      • 3.7.1.3 Growing focus toward adoption of sustainable technologies
    • 3.7.2 Industry pitfalls & challenges
      • 3.7.2.1 Labor shortages
      • 3.7.2.2 Uncertain construction cost, financing and non-guaranteed cash flows
  • 3.8 Growth potential analysis
  • 3.9 Porter's Analysis
    • 3.9.1 Bargaining power of suppliers
    • 3.9.2 Bargaining power of buyers
    • 3.9.3 Threat of new entrants
    • 3.9.4 Threat of substitutes
  • 3.10 Competitive landscape, 2020
    • 3.10.1 Strategy dashboard
      • 3.10.1.1 National Central Cooling Company PJSC (Tabreed)
        • 3.10.1.1.1 Agreement and Partnerships
        • 3.10.1.1.2 Mergers & acquisitions
      • 3.10.1.2 Emirates Central Cooling System Corporation (Empower)
        • 3.10.1.2.1 Agreement and Partnerships
        • 3.10.1.2.2 Project Commissioned
        • 3.10.1.2.3 Upgrading Program
        • 3.10.1.2.4 Construction
        • 3.10.1.2.5 Project detail
        • 3.10.1.2.6 Current Project details
        • 3.10.1.2.7 Upcoming Project details
      • 3.10.1.3 Emicool
        • 3.10.1.3.1 Project Commissioned
        • 3.10.1.3.2 Agreements and Partnerships
      • 3.10.1.4 DC Pro Engineering
        • 3.10.1.4.1 Project Commissioned
      • 3.10.1.5 ADC Energy Systems
        • 3.10.1.5.1 Agreements and Partnerships
        • 3.10.1.5.2 Project Commissioned
        • 3.10.1.5.3 Project Details
      • 3.10.1.6 Qatar District Cooling Company
        • 3.10.1.6.1 Contracts
      • 3.10.1.7 SNC Lavalin
        • 3.10.1.7.1 Contractual Awards
      • 3.10.1.8 ARANER
        • 3.10.1.8.1 Development
  • 3.11 PESTLE Analysis
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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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