Indonesia District Cooling Market – Industry Trends and Forecast to 2028

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Indonesia District Cooling Market – Industry Trends and Forecast to 2028

  • OIL, GAS & ENERGY
  • Published Report
  • Sep 2021
  • Country Level
  • 350 Pages
  • No of Tables: 8
  • No of Figures: 20

Indonesia District Cooling Market, By Product (Free Cooling, Absorption Cooling And Electric Chillers), By Usage (Storage, Production And Distribution), By Customer (Commercial Building, Industrial, Hospital, Airports, Data Centres And Others), Market Trends and Forecast to 2028.

Market Analysis and Insights: Indonesia District Cooling Market

Indonesia district cooling market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.6% in the forecast period of 2021 to 2028 and is expected to reach USD 202.39 million by 2028. Increasing demand for the cooling system in offices, malls and other industries is acting as a major factor for the growth of the market.

A district cooling system produces chilled water within a centralized energy plant and distributes it through underground pipes to buildings connected to the system and provides them with air-conditioning. Through the district cooling network, the cooling plant pumps chilled supply water to buildings. The chilled water is fed into the customers cooling systems through a heat exchanger. District cooling delivers chilled water to offices, shopping malls, apartments, and other kinds of buildings that need indoor cooling. District cooling can be produced from local natural resources like seawater or from chillers running on steam or electricity, which makes it an environmentally friendly option. It is also a reliable and highly secure source of cooling. District cooling is the most convenient method for production and distribution of cooling, delivering both environmental and economic benefits such as:

  • Reduced carbon footprint
  • Minimized noise and vibration impact
  • Reduced operating redundancy
  • Enhanced system reliability
  • Guaranteeing chilled water tariffs
  • Reduces overall electricity infrastructure cost and capital expenditure
  • Reduces energy consumption
  • Reduces operational and maintenance costs
  • Increasing comfort and safety

Some of the factors which are driving the market are increasing demand for the cooling system in offices, malls and other industries and changing preference of manufacturers from conventional to the energy-efficient cooling technology. District cooling requires high capital investment is restraining the Indonesia district cooling market growth.

Rapid urbanization and industrialization and the increasing effect of global warming and greenhouse gases are some of the factors which are opening lucrative opportunities for the market. On the other hand, difficulty in district cooling system implementation is acting as a major challenge for the market growth.

This Indonesia district cooling market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief. Our team will help you create a revenue impact solution to achieve your desired goal.

Indonesia District Cooling Market Scope And Market Size

Indonesia district cooling market is segmented on the basis of product, usage and customer. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of product, the Indonesia district cooling market has is segmented into free cooling, absorption cooling and electric chillers. In 2021, the absorption cooling segment is expected to dominate the market, as the main source of energy is heat waste rather than electricity. This further results in reduced cost of heating and cooling for the facility, reduced noise and vibration, improved service life, and increased energy saving during peak demand.
  • On the basis of usage, the Indonesia district cooling market has been segmented into storage, production and distribution. In 2021, the production segment is expected to dominate the market, as it is the most important step in the district cooling process. It includes equipment such as chillers, pumps, heat rejection devices, chemical treatment, and others. It is responsible for producing chilled water in order to enable air conditioning in commercial buildings, airports, hospitals, and others.          
  • On the basis of the customer, the Indonesia district cooling market has been segmented into commercial buildings, industrial, hospitals, airports, data centres and others. In 2021, the commercial building segment is expected to dominate the market attributed to reasons such as ongoing district cooling projects in commercial buildings, inclusive of malls and corporate offices, rapid focus toward energy efficiency, and surging demand for better indoor climate and comfort.

Indonesia District Cooling Market Country Level Analysis

Indonesia district cooling market is segmented on the basis of product, usage and customer.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of European brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.

Rise In Need To Improve Efficiency And Productivity Is Expected To Drive The Market Growth

Indonesia district cooling market also provides you with detailed market analysis for country growth in the industry with sales, components sales, the impact of technological development in District cooling and changes in regulatory scenarios with their support for the Indonesia district cooling market. The data is available for the historical period 2010 to 2019.

Competitive Landscape and Indonesia district cooling Market Share Analysis

Indonesia district cooling market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to the Indonesia district cooling market.

Some of the major players operating in the Indonesia district cooling market are Thai Shinryo Limited (A Subsidiary of SHINRYO CORPORATION), ENGIE, Keppel Corporation Limited, ALFA LAVAL, SNC-Lavalin Group, Veolia, BCPG Public Company Limited, TEAM Consulting Engineering and Management Public Company Limited, Siemens and Xylem among others.

Many product developments are also initiated by the companies worldwide, which are also accelerating the growth of the Indonesia district cooling market.

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
  • In June 2020, ENGIE entered into a joint venture with Sunway Construction Sdn Bhd (SunCon) to boost Malaysia’s environmental sustainability efforts via the expansion of district cooling technology. Through this, ENGIE provided a district cooling technology solution for SunCon office buildings, retail malls, educational institutions, medical centres, hotels, resorts, theme parks and factories. This has helped the company to enhance its customer base and to grow in the market

Partnership, joint ventures and other strategies enhance the company market share with increased coverage and presence. It also provides the benefit for an organization to improve their offering for district cooling through an expanded range of sizes.


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Table of Content

  1. introduction
    1. OBJECTIVES OF THE STUDY
    2. MARKET DEFINITION
    3. OVERVIEW OF INDONESIA DISTRICT COOLING MARKET
    4. Currency and Pricing
    5. LIMITATIONS
    6. MARKETS COVERED
  2. MARKET SEGMENTATION
    1. MARKETS COVERED
    2. geographicAL scope
    3. years considered for the study
    4. DBMR TRIPOD DATA VALIDATION MODEL
    5. primary interviews with key opinion leaders
    6. DBMR MARKET POSITION GRID
    7. vendor share analysis
    8. Multivariate Modeling
    9. product timeline curve
    10. MARKET APPLICATION COVERAGE GRID
    11. secondary sourcEs
    12. assumptions
  3. EXECUTIVE SUMMARY
  4. premium insights
  5. market overview
    1. drivers
      1. Increase in demand for cooling systemS in offices, malls, and other industries
      2. Change in preference of manufacturers from conventional to energy-efficient cooling technology
      3. RiSE IN investment in infrastructure projects
      4. Rapid change in the climatic conditions
      5. increasE IN awareness about environmental protection
    2. RESTRAINTS
      1. High initial capital cost
      2. Lack of awareness regarding the benefits
    3. opportunities
      1. Rapid urbanization and industrialization
      2. Emergence of smart cities development
      3. IncreasE IN effect of global warming and greenhouse gases
      4. IncreasE IN emphasis on research and development activities
    4. challenges
      1. Difficulty in district cooling system implementation
  6. IMPACT ANALYSIS OF COVID-19 ON INDONESIA DISTRICT COOLING MARKET
    1. ANALYSIS ON IMPACT OF COVID-19 ON INDONESIA DISTRICT COOLING MARKET
    2. AFTERMATH OF COVID-19 AND GOVERNMENT INITIATIVES TO BOOST THE MARKET
    3. STRATEGIC DECISIONS FOR MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE
    4. IMPACT ON PRICE
    5. IMPACT ON DEMAND AND SUPPLY CHAIN
    6. CONCLUSION
  7. Indonesia district cooling market, BY PRODUCT
    1. overview
    2. ABSORPTION COOLING
    3. electric chillers
    4. free COOLING
  8. Indonesia district cooling market, BY usage
    1. overview
    2. Production
    3. storage
    4. distribution
  9. Indonesia district cooling market, BY customer
    1. overview
    2. COMMERCIAL BUILDING
    3. INDUSTRIAL
    4. airports
    5. hospitals
    6. data centers
    7. others
  10. Indonesia District Cooling Market, BY COuntry
    1. INDONESIA
  11. Indonesia DISTRICT COOLING Market: COMPANY landscape
    1. Company share analysis: Indonesia
  12. swot analysis
  13. company profile
    1. BCPG Public Company Limited
      1. COMPANY snapshot
      2. REVENUE ANALYSIS
      3. business PORTFOLIO
      4. recent DEVELOPMENTS
    2. Veolia
      1. COMPANY snapshot
      2. REVENUE ANALYSIS
      3. service PORTFOLIO
      4. recent DEVELOPMENTS
    3. ENGIE
      1. COMPANY snapshot
      2. REVENUE ANALYSIS
      3. product PORTFOLIO
      4. recent DEVELOPMENTS
    4. TEAM Consulting Engineering and Management Public Company Limited
      1. COMPANY snapshot
      2. REVENUE ANALYSIS
      3. service PORTFOLIO
      4. recent DEVELOPMENT
    5. ALFA LAVAL
      1. COMPANY snapshot
      2. REVENUE ANALYSIS
      3. product PORTFOLIO
      4. recent DEVELOPMENT
    6. Keppel Corporation Limited
      1. COMPANY snapshot
      2. REVENUE ANALYSIS
      3. product PORTFOLIO
      4. recent DEVELOPMENTS
    7. Siemens
      1. COMPANY snapshot
      2. REVENUE ANALYSIS
      3. product & service PORTFOLIO
      4. recent DEVELOPMENT
    8. SNC-Lavalin Group
      1. COMPANY snapshot
      2. REVENUE ANALYSIS
      3. product PORTFOLIO
      4. recent DEVELOPMENTS
    9. Thai Shinryo LIMITED (A Subsidiary of SHINRYO CORPORATION)
      1. COMPANY snapshot
      2. product PORTFOLIO
      3. recent DEVELOPMENT
    10. Xylem
      1. COMPANY snapshot
      2. REVENUE ANALYSIS
      3. product & service PORTFOLIO
      4. recent DEVELOPMENT
  14. questionnaire
  15. related reports

List of Table

TABLE 1 district cooling projects in Thailand

TABLE 2 comparison of total investment costs of conventional chiller and absorption chiller (USD Million)

TABLE 3 INDONESIA DISTRICT COOLING MARKET, By product, 2019-2028 (USD MILLION)

TABLE 4 INDONESIA DISTRICT COOLING MARKET, By usage, 2019-2028 (USD MILLION)

TABLE 5 INDONESIA DISTRICT COOLING MARKET, By customer, 2019-2028 (USD MILLION)

TABLE 6 indonesia DISTRICT COOLING Market, By PRODUCT, 2019-2028 (USD Million)

TABLE 7 indonesia DISTRICT COOLING Market, By usage, 2019-2028 (USD Million)

TABLE 8 indonesia DISTRICT COOLING Market, By customer, 2019-2028 (USD Million)

List of Figure

FIGURE 1 Indonesia district cooling MARKET: segmentation

FIGURE 2 Indonesia district cooling market: data triangulation

FIGURE 3 Indonesia district cooling market: DROC ANALYSIS

FIGURE 4 Indonesia district cooling market: REGIONAL VS COUNTRY MARKET ANALYSIS

FIGURE 5 Indonesia district cooling market: COMPANY RESEARCH ANALYSIS

FIGURE 6 Indonesia district cooling market: INTERVIEW DEMOGRAPHICS

FIGURE 7 Indonesia district cooling market: DBMR MARKET POSITION GRID

FIGURE 8 Indonesia district cooling market: vendor share analysis

FIGURE 9 Indonesia district cooling Market: MARKET APPLICATION COVERAGE GRID

FIGURE 10 Indonesia district cooling market: SEGMENTATION

FIGURE 11 IncreasE IN demand for cooling system in offices, malls and other industries is EXPECTED TO DRIVE INDONESIA DISTRICT COOLING MARKET IN THE FORECAST PERIOD OF 2021 TO 2028

FIGURE 12 Absorption Cooling product segment is expected to account for the largest share of Indonesia district cooling market in 2021 & 2028

FIGURE 13 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF Indonesia District Cooling Market

FIGURE 14 demand of air-conditioned systems across Thailand, Vietnam, and Indonesia, 2013-2018

FIGURE 15 Greenhouse Gas Emissions in Southeast Asia, By Country

FIGURE 16 Global greenhouse gas emissions, by gas

FIGURE 17 INDONESIA DISTRICT COOLING MARKET: BY product, 2020

FIGURE 18 INDONESIA DISTRICT COOLING MARKET: BY usage, 2020

FIGURE 19 INDONESIA DISTRICT COOLING MARKET: BY customer, 2020

FIGURE 20 THAILAND, INDONESIA, VIETNAM DISTRICT COOLING market: COMPANY SHARE 2020 (%)

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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 drop down your inquiry.

The key research methodology used by 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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Frequently Asked Questions

The Indonesia District Cooling Market is projected to grow at a CAGR of 6.6% during the forecast period by 2028.
The future market value of the Indonesia District Cooling Market is expected to reach USD 202.39 million by forecast 2028.
The major players operating in the Indonesia district cooling market are Thai Shinryo Limited (A Subsidiary of SHINRYO CORPORATION), ENGIE, Keppel Corporation Limited, ALFA LAVAL, SNC-Lavalin Group, Veolia, BCPG Public Company Limited, TEAM Consulting Engineering and Management Public Company Limited, Siemens and Xylem.
The District Cooling Market is segmented on the basis of product, mode of delivery, platform, purchase mode, distribution channel, type, end-user and application.