South East Asia District Cooling Market Overview
As per recent research by MarkNtel Advisors, 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.
South East Asia District Cooling Market Dynamics
Market Drivers : 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.
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South East Asia District Cooling Market Segmentation Overview 2022-2027: Key Factors
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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South East Asia District Cooling Market Geographical Insights:
By Country:
-Malaysia
-Singapore
-Thailand
-Vietnam
-Indonesia
-Rest of SEA
Key Players and Competitive Strategies in the South East Asia District Cooling Market
Several prominent players dominate the South East Asia District Cooling Market, including:
- Xylem
- Trane
- Siemens
- Samson Vietnam Co., Ltd.
- AVK
- Keppel DHCS
- SP Group
- ENGIE Group
- ABB
- Mitsui & Co.
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Questions Addressed in this Study
1.How big is the South East Asia District Cooling Market Size?
2.What is the South East Asia District Cooling Market Growth?
3.Who are the key players of the South East Asia District Cooling Market?
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