According to the research report titled ‘UAE District Cooling Market Size By Application, By Production Technique, Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2021 – 2027’, available with Market Study Report, UAE district cooling market is slated to record a strong compound annual growth rate through 2027.
 

Rising application of cooling systems in various production & manufacturing plants is a major factor driving UAE district cooling market growth. Moreover, increasing temperatures and growing  importance of sustainability is enhancing the market outlook.
 

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Additionally, adverse climatic conditions, and increased infrastructure expenditure, are generating lucrative prospects for the business landscape. Further, benefits like cost efficiency, declining initial investment, less maintenance cost, and long-term service are augmenting the demand for district cooling systems in the region.
 

District cooling systems are further gaining traction as they can be remotely located, thereby augmenting the value of the real estate by making space for other operational uses. Besides, increasing constructional activities along with rising number of business partnerships across the nation are supporting UAE district cooling market expansion.
 

For the record, district cooling is perfect for large scale operations or businesses such as commercial buildings, airports, residential towers and university campuses. District cooling technology is operated using a centralized cooling plant that facilitates cooling within its grid via a network of insulated pipes that carry chilled water from underground. The systems use 50% less energy as compared to air conditioners and can operate for over 30 years without any difficulty.
 

Based on production techniques, the industry is segmented into free cooling, electric chiller, absorption cooling, and other techniques. Speaking of the application range, the marketplace is divided into residential, commercial and industrial.
 

As cited in the report, rapid industrialization and urbanization, along with inflating energy prices are spurring the growth of the residential segment. Moreover, advancements in technology will revamp the capacities of existing cooling plants and enhance ongoing construction activities.
 

Leading players in UAE district cooling industry sphere are Veolia Environnement S.A., Delta District Cooling Services LLC, Araner, DC Pro Engineering LLC, Emirates District Cooling LLC, Emirates Central Cooling Systems Corporation, National Central Cooling Company PJSC (Tabreed), and Siemens AG.