Tight corporate profit and disposable income, which reduced spending from current customers on air-conditioning and heating, and low construction levels, which reduced new demand for the industry, constrained industry growth early in the last five years. As the construction of large apartment blocks, office buildings and shopping centers continues to increase in the five years to 2019, demand for the industry will grow. In all, industry revenue is anticipated to increase in the next five years.
Companies in this industry supply district energy for heating and cooling. Typically, they generate hot and cold water or steam via closed mains systems to cool or heat commercial or residential buildings. It is important to note that only companies whose primary operations involve steam and air-condition supply are included in the industry. Large utility companies that provide steam and air-conditioning in addition to other more extensive operations are not included in the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.