Market Overview: South East Asia District Cooling Market FY2022-2027
This reports provides an essential and dependable overview of the South East Asia District Cooling Market, serving as a guide for stakeholders navigating the industry's future trajectory. It covers critical aspects, guiding through challenges and opportunities, shedding light on the market landscape, key insights, driving forces, major competitors, regulatory framework, potential growth, ongoing trends, supply chain dynamics, evolving policies, segments and prominent players.
South East Asia District Cooling Market Report Coverage Details:
Base Year: 2021
Historical Data: 2017-20
Forecast Period: 2022-2027
CAGR: 9.8% (2022-2027)
The South East Asia District Cooling Market is expected to grow at a CAGR of around 9.8% during the forecast period i.e. 2022-2027.
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South East Asia District Cooling Market Driver:
Steady Growth in District Cooling Market due to Various Township Developments
The township development in urban areas like Bangkok in Thailand and Jakarta in Indonesia has witnessed continuous constructions of high-rise buildings since 2017 to attract tourism businesses. Besides, the urban development in these metropolitan cities has also allowed incorporating district cooling systems in commercial buildings, such as five-star hotels, retail malls, airports, etc., due to high cooling demand fulfilled by green building standards. With all these reasons and upcoming projects during 2022-27, district cooling systems across South East Asia would have a considerable market size.
In this ongoing process of development of a city, MITSUI & Co., Ltd. has invested in district cooling & power distribution business to supply the ‘One Bangkok development’ project in Bangkok, Thailand, a new landmark development in central Bangkok likely to open by 2023. The project comprises of 16.7-hectare site, i.e., a 16-building fully-integrated district with five premium-grade office towers, three luxury residential towers, five luxury & lifestyle hotels, four differentiated retail precincts, and art & culture & public spaces. The centralized district cooling infrastructure would provide environmental benefits & efficiencies.
South East Asia District Cooling Market Segmentation Analysis – FY2022-2027
Discover a comprehensive evaluation of every segment and its subdivisions, allowing our clients to gain a deep understanding of the South East Asia District Cooling Market (2022-2027). We prioritize uncovering the pivotal factors that presently drive and will shape the industry's growth moving forward. Our goal is to empower our esteemed clients by optimizing their end-user positioning and revenue generation through a thorough analysis of market size, share and all the latest market scope across diverse segmentation categories.
The South East Asia District Cooling Market segmentation is enlisted below:
By Production Technique
Free Cooling
Electric Chiller
Absorption Cooling
Others (Heat Pumps etc.)
By End User
Hospitality
Healthcare
Commercial Offices
Transportation
Industries
Residential Buildings
Retail
Others (Government Buildings etc.)
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By Country
Malaysia
Singapore
Thailand
Vietnam
Indonesia
Rest of SEA
South East Asia District Cooling Market Competitive Landscape
Xylem, Trane, Siemens, Samson Vietnam Co., Ltd., AVK, Keppel DHCS, SP Group, ENGIE Group, ABB, Mitsui & Co., Shinryo, SunCon, Gas District Cooling (M) Sdn Bhd, District Cooling System and Power Plant Co., Ltd., Others.
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Key Report Highlights
Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators
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