Global Deep Water Source Cooling Systems Market 2018-2022

Overview of the global deep water source cooling systems market

Most of the buildings used for residential, commercial, and industrial purposes globally are fitted with heating, cooling, and air conditioning (HVAC) or interior climate control equipment to offer adequate thermal comfort for the people within the building. Individual or stand-alone air conditioners that are widely used HVAC pieces of equipment use high amount of energy and hold a significantly large share of the total building energy usage. According to Technavio’s market research analysis, the rising demand for reducing building energy consumption will be one of the major factors that will have a positive impact on the global deep water source cooling systems market during the forecast period. The fitment of higher efficiency cooling systems, such as deep water source cooling systems assist in lowering the overall energy use and operating cost for the building owner. Our market research analysts predict that this market will grow at a CAGR of more than 8% by 2022.

The rising usage of district heating or cooling systems is one of the key trends that will contribute to the market’s growth in the coming years. District cooling or heating systems are highly used for catering to the space heating or cooling necessities in commercial districts, industries, and university complexes. The district cooling systems are increasingly used due to its advantages such as low lifetime investment, operations, and maintenance costs, high energy efficiency, lesser environmental impact, and space savings.

Companies covered

Characterized by the presence of several players, the deep water source cooling systems market appears to be fragmented. This industry research report offers information about the competitive environment among the players in this seawater air conditioning system market and offers an analysis of the key companies and their products. Additionally, our analysts also offer information about the key areas the players currently focus on and the strategies they follow to sustain the competition.

This research report provides an analysis of the various companies in this market including

• ACCIONA
• BARDOT Group
• Entrepose Group (subsidiary of VINCI)
• Brookfield Asset Management (Enwave Energy)
• Makai Ocean Engineering
• Ocean Thermal Energy Corporation (OTE Corporation)

Geographical segmentation and analysis of the deep water source cooling systems market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, EMEA will be the major revenue contributor to the market throughout the forecast period. Factors such as the rising demand for deep water source cooling systems to lower the total building energy consumption rates in several countries will drive the market’s growth prospects in this region during the next few years.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global deep water source cooling systems market?
• What are the key market trends impacting the growth of the global deep water source cooling systems market?
• What are the challenges to market growth?
• Who are the key vendors in the global deep water source cooling systems market?
• What are the market opportunities and threats faced by the vendors in the global deep water source cooling systems market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global deep water source cooling systems market?

Technavio also offers customization on reports based on specific client requirement.