Global District Heating Market, By Heat Source (Coal, Natural Gas, Renewable, Oil and Petroleum Products, Others), Plant Type (Boiler, Combined Heat and Power (CHP), Others), Application (Residential, Commercial, Industrial), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
District heating market is expected to grow at a compound annual growth rate of 3.7% in the forecast period of 2021 to 2028. Data Bridge Market Research report on buyer oriented business-to-business e-commerce provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
District heating is the type of a procedure of distributing heat amongst different points which is produced in a central place by the use of insulated pipes or ducts for the necessity of commercial and residential heating such as water heating and space heating. It is also known as the tele heating or heat networks. For spiteful carbon emissions, district heating with combined heat and power can be the cheapest technique and keeps the lowest carbon footprints among all fossil generation plants.
The rapidly rising favorable government policies towards renewable counting combined heat and power (CHP) have been directly influencing the growth of district heating market over the forecast period of 2021 to 2028. Also the increasing urbanization and industrialization is also flourishing the growth of the district heating market. Also the escalating demands for energy efficient and cost effective heating systems as well as the increasing government incentives towards the adoption of district heating systems are also positively impacting the growth of the market. Furthermore, the clean energy directives are also acting as an active growth driver towards the growth of the district heating market. Moreover, the rising government norms toward zero emission buildings and extreme climatic conditions are also creating a huge demand for district heating as well as lifting the growth of the district heating market. In addition, supportive government policies towards limiting the carbon emissions along with increasing adoption of clean energy will also enhance the market statistics of district heating in the above mentioned forecast period. However, the high infrastructure cost is acting as the major limitations for the growth of district heating in the above mentioned forecasted period, whereas the growing need for robust transportation equipment and volatile prices have the potential to challenge the district heating market growth in the forecast period of 2021 to 2028.
Likewise, the rapid technological advancements and digitalization along with the rising initiatives related to clean energy production and strict legislative regulation to decrease greenhouse gas emission will further cater ample new opportunities that will lead to the growth of the district heating market in the above mentioned forecasted period.
This district heating market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on district heating market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global District Heating Market Scope and Market Size
District heating market is segmented on the basis of heat source, plant type and application. 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.
- The heat source segment of the district heating market is segmented into coal, natural gas, renewable, oil and petroleum products and others.
- On the basis of plant type, the district heating market is segmented into boiler, combined heat and power (CHP) and others.
- The application segment of the district heating market is segmented into residential, commercial and industrial.
District Heating Market Country Level Analysis
District heating market is analyzed and market size, volume information is provided by country, heat source, plant type and application as referenced above.
The countries covered in the district heating market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
Europe leads the district heating market due to the attendance of low temperature conditions in the region. Asia-Pacific is expected to expand at a significant growth rate of over the forecast period of 2021 to 2028 owing to the rapidly growing urbanization and increasing demand for energy-efficient as well as the cost effective heating solutions within this region.
The country section of the district heating market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and District Heating Market Share Analysis
District heating market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to district heating market.
The major players covered in the district heating market report are Fortum, Vattenfall AB, ENGIE, Danfoss, Star Pump Alliance GmbH, Clearway Energy Inc., Statkraft, SHINRYO CORPORATION, LOGSTOR A/S, Vital Energi Ltd., KELAG, Göteborg Energi, FVB Energy Inc., ALFA LAVAL, Ramboll Group A/S, Savon Voima Oyj, Enwave Energy Corporation, Orsted A/S, Helen Oy, Keppel Corporation Limited and STEAG GMBH among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.