Indonesia District Cooling Market is forecasted to grow at a CAGR of 6.6% with factors such as increasing demand for the cooling system in offices, malls, and other industries.
Indonesia district cooling market has shown an exceptional penetration due to increasing research and development activities, along with the prevalence of the majority of manufacturers is boosting the growth in developed countries. In developing countries, rapid urbanization and industrialization and the increasing effect of global warming and greenhouse gases are creating opportunities for the Indonesia district cooling market.
Indonesia District Cooling Market Scenario
According to Data Bridge Market Research, the market for Indonesia district cooling is in the growth phase. The market leader is BCPG Public Company Limited, which accounts for an estimated market share of approximately 19.43% in the U.S. market. The company has gained outstanding sales by providing district cooling products.
For instance,
- In December 2020, BCPG Public Company Limited entered into a joint venture with Team Consulting Engineering and Management Public Company Limited (TEAMG) and Keppel DHCS Pte. Ltd and formed Chula District Cooling Company Limited. Under this, BCPG Public Company Limited entered into a district cooling project agreement of commercial area in Suanluang – Samyan with Chulalongkorn University. This has helped the company to grow in the market
Trends Impacting the Market
Now the question is which other regions BCPG Public Company Limited and Veolia are targeting? Data Bridge Market Research has forecasted a large growth in the Indonesia district cooling market and the market leaders targeting Indonesia and other countries to be their next pocket revenue for 2021.
The Indonesia district cooling is becoming more competitive every year with companies BCPG Public Company Limited and Veolia as they are the market leaders for Indonesia district cooling. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the Indonesia district cooling market.
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Indonesia District Cooling Market Development in 2020
- In July 2020, BCPG Public Company Limited, along with Keppel DHCS Pte Ltd (Keppel DHCS)1 and Thai engineering consultancy TEAM Consulting Engineering and Management Public Company Limited, was awarded a contract by the Property Management of Chulalongkorn University (PMCU) for a district cooling system. It has helped the company to enhance its customer base in the market
Scope of the Indonesia District Cooling Market
All country-based analysis of the Indonesia district cooling market is further analyzed based on maximum granularity into further segmentation.
- On the basis of product, the Indonesia district cooling market has been segmented into free cooling, absorption cooling, and electric chillers.On the basis of usage, the Indonesia district cooling market has been segmented into storage, production, and distribution. On the basis of customers, the Indonesia district cooling market has been segmented into commercial building, industrial, hospital, airports, data centers, and others.
To know more about the study https://www.databridgemarketresearch.com/de/reports/indonesia-district-cooling-market
Key Pointers Covered in Indonesia District Cooling Market Industry Trends and Forecast to 2028
- Market size
- Market standards and changes
- Market trials in different regions
- Market requirements in different regions
- Market shares in different regions
- Recent developments for market competitors
- Recent market value for different regions
- Sales data for market competitors
- Market key vendors and disruptors study
Key Market Competitors Covered in the Report
- BCPG Public Company Limited
- Veolia
- ENGIE
- TEAM Consulting Engineering and Management Public Company Limited
- ALFA LAVAL
- Keppel Corporation Limited
- Siemens
- SNC-Lavalin Group
- Thai Shinryo Limited (A Subsidiary of SHINRYO CORPORATION)
- Xylem
Above are the key players covered in the report. To know about more an exhaustive list of district cooling companies’, contact us https://www.databridgemarketresearch.com/de/toc/?dbmr=indonesia-district-cooling-market
Research Methodology: Indonesia District Cooling Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your inquiry.
The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Managers, Directors, Government, Commercial and Residential Customers, Manufacturing giants, Public Sector Players, and Others
- Supply Side: Service Providers, District cooling Providers, Marketing Managers, Logistics Managers, among others.
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