Home > Megatrends > Heating & Cooling

Heating & Cooling

The global energy generation & consumption has observed a significant transition provided with the paradigm shift toward efficient fuel sources. Countries across the globe have unveiled projects to expand the output of different fuels to cater to the exponentially mounting consumption of heating & cooling solutions. Energy intake has also excessively grown owing to the setup of new large-scale industries consisting of manufacturing, pharmaceuticals, and petrochemicals coupled with other energy-intensive sectors including building infrastructures and transportation fleets.

The increasing primary energy consumption globally has resulted in growing investments in a wide range of technologies. A variety of conventional & unconventional fuels have experienced a strong demand to support the low-carbon energy generation. In addition, a wide array of end-use verticals including residential, commercial, and industrial are increasingly heading toward centralized temperature maintenance solutions to enhance energy efficiency and output to vast areas. Furthermore, favorable policy frameworks to support the adoption of different-sized co-generation systems operating on a variety of fuels are catering to the rising thermal energy demand across establishments. Moreover, the governments have also introduced several financial benefit programs including tax rebates, subsidy programs, low-interest loans, among others, to retain consumers toward the acceptance of cleaner alternatives.

The integration of digitalized alternatives has reformed the energy value chain, creating substantial developments in energy management across various establishments. The growing combination of advanced technologies including Internet of Things (IoT) and automation solutions has streamlined the prevailing electricity & heat production and delivery mechanisms. The increased rate of diffusion of innovative technologies by small & large industry participants is helping them to strive toward incorporating new solutions to provide energy value chain with enhanced resiliency.

Drivers:

  • Increasing investments and public-private participation toward infrastructure development along with the deployment of energy efficient products including heat pumps has created a positive business scenario across the globe.
  • Extreme variation in climatic temperatures across different geographies have propelled the deployment of advanced heating & cooling solutions over the years.
  • Rising concerns on account of increasing surface temperatures and focused regulatory policies toward energy efficiency has enhanced the adoption of sustainable technologies.
  • Stern policy framework for carbon emissions & green energy buildings along with increasing focus on the adoption of sustainable heating & cooling systems will complement the industry growth.
  • Increasing share and contribution of renewables in the heating & cooling sector along with growing focus on regulations comprising of National Energy & Climate Plans (NECPs) primarily in the European countries will augment the business landscape.
  • Growing demand for space heating and cooling along with upsurge in the energy consumption specifically in the residential sector is set to spur the market growth.

Filters

  •    Boilers
  •     Coatings, Pigments & Dyes
  •     Communications
  •     Compressors
  •     Data Centers
  •     Diagnostics & Monitoring
  •     Electrical Equipment
  •     Energy Storage & Battery
  •     Enterprise Applications
  •     Generator Sets
  •     Healthcare IT
  •     Heat Pumps
  •     Heating & Cooling
  •     Heavy Machinery
  •     Lines & Cables
  •     Lubricants, Oils & Greases
  •     Metals & Minerals
  •     Mobility
  •     Networking
  •     Next Gen Technology
  •     Nutraceuticals & Functional Foods
  •     Oil & Gas
  •     Packaging
  •     Payments
  •     Personal Protective Equipment
  •     Pharmaceuticals
  •     Plant Based Alternatives
  •     Polymers
  •     Proteins
  •     Renewable Chemistry
  •     Semiconductor Devices
  •     Sensors & Controls
  •     Surfactants & Disinfectants
  •     Textiles
  •     Transformers
  •    Water Heaters

Published: July 2024   

Industrial Cooling System Market210 Pages

Industrial Cooling System Market was reached USD 19.21 billion in 2023 and is set to grow at a CAGR of over 6% from 2024 to 2032....

Published: July 2024   

Underfloor Heating Actuator Market200 Pages

Underfloor Heating Actuator Market was valued USD 303.8 million in 2023 and is anticipated to grow at a CAGR of 4.4% from 2024 to 2032. ...

Published: June 2024   

District Heating Market105 Pages

District Heating Market was valued at USD 178.5 billion in 2023 and is projected to grow at a CAGR of 6.2% between 2024 and 2032....

Published: June 2024   

Underfloor Heating Market95 Pages

Underfloor Heating Market was valued at above USD 7.2 billion in 2023 and is set to observe a CAGR of 5.5% from 2024 to 2032....

Published: June 2023   

District Heating & Cooling Market400 Pages

District Heating & Cooling Market surpassed USD 397.7 billion in 2022 and is likely to showcase CAGR of 7% from 2023 to 2032. ...

Published: May 2023   

Europe District Cooling Market150 Pages

Europe District Cooling Market size surpassed USD 44.3 billion in 2022 and is anticipated to expand at 3.2% CAGR from 2023-2032. ...

Published: May 2023   

District Heating Pipeline Network Market300 Pages

District Heating Pipeline Network Market size surpassed USD 536.6 billion in 2022 and is anticipated to expand at 3.9% CAGR from 2023 to 2032. ...

Published: May 2023   

Europe District Cooling Pipeline Network Market150 Pages

Europe District Cooling Pipeline Network Market size valued at USD 1.2 billion in 2022 and is projected to expand at 4.8% CAGR from 2023 to 2032. ...

Published: May 2023   

Solar District Heating Market300 Pages

Solar District Heating Market size was valued at USD 4.9 billion in 2022 and is projected to grow at 8.5% CAGR from 2023 to 2032. ...

Published: May 2023   

District Cooling Market300 Pages

District Cooling Market size surpassed USD 120.8 billion in 2022 and is anticipated to reach USD 182.9 billion by 2032. ...

Published: May 2023   

Induction Heating System Market280 Pages

Induction Heating System Market size surpassed USD 1.9 billion in 2023 and is poised to expand at 4.8% CAGR from 2024 to 2032...

Published: November 2022   

Asia Pacific Induction Heating Systems Market200 Pages

Asia Pacific Induction Heating Systems Market size surpassed USD 574.8 million in 2023 and is slated to exhibit over 4.1% CAGR from 2024 to 2032. ...

Published: August 2022   

Middle East District Cooling Market200 Pages

Middle East District Cooling Market size exceeded USD 5 billion in 2021 and is poised to register a CAGR of over 9% between 2022 and 2030....

Published: June 2022   

Electric Underfloor Heating Market280 Pages

Electric Underfloor Heating Market size exceeded USD 2.5 billion in 2023 and is projected to expand at 4.5% CAGR from 2024 to 2032....

Published: June 2022   

Hydronic Underfloor Heating Market280 Pages

Hydronic Underfloor Heating Market size valued at USD 4.6 billion in 2023 and is anticipated to grow at over 5.9% CAGR from 2024 to 2032....

Published: January 2022   

Cooling Tower Market450 Pages

Cooling Tower Market Size exceeded USD 3 billion in 2023 and is projected to grow at a CAGR of over 4.5% from 2024 to 2032....

Published: November 2021   

Heating & Cooling Market1175 Pages

Heating & Cooling Market size exceeded USD 1,000 billion in 2020 and is set to register over 4% CAGR between 2021 and 2027....

Published: November 2019   

Industrial & Residential Heating Market201 Pages

Industrial & Residential Heating Market size was valued at over USD 17 billion in 2019 and annual installation is anticipated to exceed 1 million units by 2026....

Displaying 18 records out of 1 on Page 1 of 1