Southeast Asian District Cooling Growth Opportunities
Southeast Asian District Cooling Growth Opportunities
Need for Energy Diversification and System Optimization to Boost Adoption of Disruptive Technologies and Enhanced Business Models
05-Jul-2021
Asia Pacific
$2,450.00
Special Price $1,837.50 save 25 %
Description
District cooling (DC) is the cooling equivalent of district heating. This process involves supplying chilled water (usually between 4 and 8 degrees Celsius) from a central plant to multiple buildings via insulated underground pipes. The cooled water is then used to chill the indoor air in buildings before being sent back to the central plant to be recycled and recooled.
Energy efficiency and energy use diversification are gaining popularity in the DC market, but creating efficient DC systems requires technology that can optimize DC plant functioning. The emergence of the Internet of Things, cloud computing, and data analytics makes it possible to determine the suitable amount of cooled water and appropriate energy sources needed for various cooling demands, but it is energy solution providers who must drive the transition to smarter and more sustainable DC systems.
Key growth opportunities in the market include smart DC systems to optimize energy consumption, which requires employing a cooling-as-a-service business model to support higher DC penetration and forging partnerships to facilitate market entry and expansion. In Singapore, for instance, new refrigeration tonnage (RT) additions for existing plants will occur in 2024 and 2025 at pace with commercial and industrial expansion. These developments are anticipated in response to the COVID-19-related project delays of 2020 and 2021.
This study includes data on DC generation (in RT) from the supply of DC systems. No further breakdown is provided regarding end users and equipment. The study excludes analysis of DC distribution systems and the revenue generated from sales, installations, and operation and maintenance services.
Analysis is provided for the leading Southeast Asian countries of Malaysia, Singapore, and Thailand, including market drivers, restraints, and forecasts in RT. Indonesia, the Philippines, and Vietnam have low DC penetration rates in their building industries, so only a broad-level analysis is included for them. An overview of the top trends impacting this market is provided.
Author: Melvin Leong
Table of Contents
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the District Cooling (DC) Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
Benefits and Challenges of DC
Typical Value Chain
New Generation of DC
Singapore—Growth Drivers and Restraints
Singapore—RT Forecast
Singapore—Market Trends
Malaysia—Growth Drivers and Restraints
Malaysia—RT Forecast
Malaysia—Market Trends
Thailand—Growth Drivers
Thailand—Growth Restraints
Thailand—RT Forecast
Thailand—Market Trends
The Philippines—Market Trends
Vietnam—Market Trends
Indonesia—Market Trends
Growth Opportunity 1: Smart DC Systems for Energy Consumption Optimization, 2021
Growth Opportunity 1: Smart DC Systems for Energy Consumption Optimization, 2021 (continued)
Growth Opportunity 2: CaaS Model for Greater DC Penetration, 2021
Growth Opportunity 2: CaaS Model for Greater DC Penetration, 2021 (continued)
Growth Opportunity 3: Partnerships for Market Entry and Expansion, 2021
Growth Opportunity 3: Partnerships for Market Entry and Expansion, 2021 (continued)
List of Exhibits
Legal Disclaimer
No Index | No |
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Podcast | No |
Author | Melvin Leong |
Industries | Environment |
WIP Number | PB31-01-00-00-00 |
Is Prebook | No |
GPS Codes | 9343-A4 |