Indonesia District Cooling Market Global Industry Size, Share, Demand, Growth Analysis and Forecast By 2029
Postado 2023-11-06 10:38:10
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Being a proficient and all-inclusive Indonesia District Cooling Market report puts a light on primary and secondary drivers, market share, leading segments, possible sales volume, and geographical analysis. This market research report is a significant source of information about the industry, important facts and figures, expert opinions, and the newest developments across the globe. This report has reviews about key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies.
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Indonesia district cooling market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.6% in the forecast period of 2021 to 2028 and is expected to reach USD 202.39 million by 2028. Increasing demand for the cooling system in offices, malls and other industries is acting as a major factor for the growth of the market.
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Market Overview:
A district cooling system produces chilled water within a centralized energy plant and distributes it through underground pipes to buildings connected to the system and provides them with air-conditioning. Through the district cooling network, the cooling plant pumps chilled supply water to buildings. The chilled water is fed into the customers cooling systems through a heat exchanger. District cooling delivers chilled water to offices, shopping malls, apartments, and other kinds of buildings that need indoor cooling. District cooling can be produced from local natural resources like seawater or from chillers running on steam or electricity, which makes it an environmentally friendly option. It is also a reliable and highly secure source of cooling. District cooling is the most convenient method for production and distribution of cooling, delivering both environmental and economic benefits such as:
Some of the major players operating in the Indonesia district cooling market are Thai Shinryo Limited (A Subsidiary of SHINRYO CORPORATION), ENGIE, Keppel Corporation Limited, ALFA LAVAL, SNC-Lavalin Group, Veolia, BCPG Public Company Limited, TEAM Consulting Engineering and Management Public Company Limited, Siemens and Xylem among others.
Indonesia District Cooling Market Scope And Market Size
Indonesia district cooling market is segmented on the basis of product, usage and customer. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of product, the Indonesia district cooling market has is segmented into free cooling, absorption cooling and electric chillers. In 2021, the absorption cooling segment is expected to dominate the market, as the main source of energy is heat waste rather than electricity. This further results in reduced cost of heating and cooling for the facility, reduced noise and vibration, improved service life, and increased energy saving during peak demand.
On the basis of usage, the Indonesia district cooling market has been segmented into storage, production and distribution. In 2021, the production segment is expected to dominate the market, as it is the most important step in the district cooling process. It includes equipment such as chillers, pumps, heat rejection devices, chemical treatment, and others. It is responsible for producing chilled water in order to enable air conditioning in commercial buildings, airports, hospitals, and others.
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TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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