Resources
Global & US Heating & Cooling
Market growth projection
2030 Global Projected Total Addressable Market
Precedence Research predicts the market across all verticals to exceed $1.4 Trillion by the year 2030.
2020 Global Total Addressable Market
The heating & cooling market was valued at $1.13 Trillion in 2020
Current U.S. Total Addressable Market
U.S. heating & cooling market across all verticals estimated to be at least 45B
Sustana
Pipeline
Technology Family Profile
(Will change with market conditions)
Ready to Connect? Contact Us Now
Sustana
Barriers
What're the barriers to cooling investment in emerging markets?
Extreme heat events are increasing in frequency due to climate change.
Heat-related mortality and illness is growing in developing countries
Sustainable economic development, health, equity and food security goals all require more cooling investment.
Cooling applications are decentralized, cutting across industries, sectors and agencies. Less visible & harder to organize.
Electricity to power cooling applications can overwhelm renewable grids (California and worldwide)
Cooling applications are often components of larger investments (e.g. real estate) and therefore a secondary consideration
The incumbent industry lacks innovation and dynamism, reflecting a lack of independent venture investment, a market ripe for disruption.
Compared to renewables and EVs, few countries provide incentives for innovative cooling solutions.
Countries with the greatest cooling needs (e.g., India) have cultural, commercial, and contractual risks to be managed by the fund.