Global District Heating Market, By Heat Source (Coal, Natural Gas, Renewable, Oil & Petroleum Products, Others), Plant Type (Boiler, Combined Heat and Power (CHP), Others), Application (Residential, Commercial, Industrial), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global District Heating Market
Global district heating market is driven by the need for industrial robots, global district heating market in estimated value from USD 176,575.20 million in 2018 to an estimated value of USD 227,178.53 million by 2026, registering a CAGR of 3.2% in the forecast period of 2019-2026.
Market Definition: Global District Heating Market
District heating is the process of distributing heat among different points which is generated in a centralized place by the use of insulated pipes or ducts for the requirement of commercial and residential heating such as water heating and space heating. It is also known as teleheating or heat networks. For cutting carbon emissions, district heating with combined heat and power can be the cheapest method and keeps the lowest carbon footprints among all fossil generation plants.
- Growing demand for cost-effective and energy-efficient heating systems
- Increasing industrialization and urbanization
- High cost of infrastructure
Segmentation: Global District Heating Market
- By Heat Source
- Natural Gas
- Oil & Petroleum Products
- By Plant Type
- Combined Heat and Power (CHP)
- By Application
- By Geography
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
- North America
Key Developments in the Market:
- In March 2018, in Berlin for the district heating system, Vattenfall AB installed new smart heat meters.
- In July 2017, Engie inaugurated Ile-de-France’s second biggest district network, the biomass boiler unit of Saint-Danis. This new boiler would help in decresing CO2 emission in Ile-de-France.
Competitive Analysis: Global District Heating Market
Global district heating market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of district heating market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players: Global District Heating Market
Few of the major competitors currently working in district heating market are Fortum,Vattenfall AB, Engie, Danfoss AG, NRG 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 NEW ENERGIES among others.
Research Methodology: Global District Heating Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted 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 can 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. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved