Home > Industrial Machinery > HVAC > District Heating and Cooling > Europe District Cooling Market
Europe District Cooling Market size surpassed USD 44.3 billion in 2022 and is anticipated to expand at 3.2% CAGR from 2023-2032. The surging global warming index along with the rising average temperature range has paved favorable business situations for the major industry growth. The global market for district cooling is likely to cross USD 182.9 billion by 2032.
Stringent energy-efficiency protocols along with promising regulatory reforms have instituted a promising business scenario for the market players. Moreover, the technology manufacturers across the region have been strengthening their market presence through extensive R&D activities and inorganic strategic implications. Increasing population & economic growth leading to a flourishing real estate sector have raised the revenue of the district cooling market in Europe by 2032. Rapid economic development after the 2009 crisis has created the necessity for broader and smarter technologies for cooling.
Report Attribute | Details |
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Base Year: | 2022 |
Europe District Cooling Market Size in 2022: | USD 44.3 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 3.2% |
2032 Value Projection: | USD 64.2 Billion |
Historical Data for: | 2019 to 2022 |
No. of Pages: | 150 |
Tables, Charts & Figures: | 309 |
Segments covered: | Production Technique, Application and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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