District Heating Market: Growing to USD 264.41 Bn by 2030

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Learn about the District Heating Market growth and developments.

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the District Heating Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the District Heating market, with forecasts outspreading to the year 2030.

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Discover how we define the District Heating Market scope and research approach.

The District Heating market research provides comprehensive information on significant aspects, including those that are expected to drive the industry’s growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the District Heating market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the District Heating Market is included in the scope of the MMR report.

The report offers a number of new requirements, each with a thorough justification. The District Heating Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.

Uncover the regional opportunities and challenges in the District Heating Market.

This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research’s geographic analysis makes it possible to comprehend the District Heating market situations in various nations. The District Heating market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.

Discover key segments driving the growth of the District Heating Market :

Global District Heating Market size was valued at USD 198.25 Bn in 2023 and is expected to reach USD 264.41 Bn by 2030, at a CAGR of 4.2 % over the forecast period.

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District Heating Market segmentation : 

by Heat Source

Coal
Natural Gas
Renewable
Oil & Petroleum Products
Others

The market is divided into Coal, Natural Gas, Renewable, Oil & Petroleum Products, and Others based on the Heat Source. Throughout the forecast period, the natural gas sector is anticipated to maintain its dominant market position in the district heating market, which it did in 2023. District heating systems use natural gas as their main heat source. For effective heat generation, it can supply energy to boilers or combined heat and power (CHP) facilities. CHP systems are especially effective since they increase total energy efficiency by generating electricity and capturing waste heat for district heating at the same time.

by Plant Type

Boiler
CHP

The market is divided into two segments based on plant type: boiler and CHP. The CHP segment is anticipated to maintain its dominant market position during the projected period, having done so in 2023. In the district heating industry, the Combined Heat and Power (CHP) segment is an essential and extremely effective element that provides the production of both heat and electricity from a single energy source. CHP systems, also referred to as cogeneration, are made to minimize greenhouse gas emissions and increase energy efficiency. CHP systems use a single fuel source, such as waste heat, biomass, or natural gas, to produce both electricity and useable heat at the same time. They differ from traditional power plants that usually discard waste heat because of their dual-generation capabilities. The excellent energy efficiency of CHP systems is well known.

by Application

Residential
Commercial
Industrial

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Learn about the top players driving innovation in the District Heating Market :

Europe:
1. Fortum Corporation
2. Veolia Environnement S.A.
3. Vattenfall AB
4. ENGIE
5. Danfoss
6. Nordic Heat
7. HOFOR
8. Ørsted A/S
9. Wien Energie GmbH
10. Veoilia Deutschland
11. Vital Energi

North America:
12. ARANER Group
13. DTE Energy
14. Consolidated Edison, Inc. (Con Edison)
15. EPCOR Utilities Inc.
16. Enwave Energy Corporation
Asia-Pacific:
17. Keppel DHCS Pte Ltd
18. Shinryo Corporation
19. Sumitomo Corporation
20. SK E&S Co., Ltd.
21. Enwave Australia Pty Ltd
22. Lund Energy Center
23. Ramboll Group

Get answers to critical questions shaping the District Heating Market 

  • What is District Heating  ?
  • What is the growth rate of the District Heating Market?
  • Which are the factors expected to drive the District Heating market growth?
  • What is the CAGR at which the District Heating market will grow during the forecast period?
  • What are the different segments of the District Heating Market?
  • Which is the fastest growing region in the District Heating market?
  • What growth strategies are the players considering to increase their presence in District Heating  ?
  • What are the upcoming opportunities and trends for the District Heating Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the District Heating Market?
  • Who are the leading companies and what are their portfolios in District Heating Market?
  • What segments are covered in the District Heating Market?
  • Who are the key players in the District Heating market?

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Get a closer look at the game-changing products driving success :

  • Past Size and Competitive Landscape
    • Past Pricing and price curve by region
    • Size, Share, Size Forecast by different segment
    • Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
    • Segmentation A detailed analysis by segment with their sub-segments and Region
    • Competitive Landscape Profiles of selected key players by region from a strategic perspective

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