District Heating Market Size, Share & Analysis Report, 2022-2030
The global district heating market size was valued at US$ 181.15 billion in 2021 and is expected to surpass around US$ 295.35 billion by 2030 and poised to grow at a compound annual growth rate (CAGR) of 5.9% from 2022 to 2030.
Growth Factors:
The district heating is a cost-effective method of transferring heat generated in a central place to multiple buildings such as companies, residences, and factories via a network of insulated pipes. The heat is employed in a variety of household and commercial applications including room and floor heating as well as water heating. The central solar heating, geothermal heating, and heat waste from nuclear power plants are the most common sources of heat. The district heating is particularly fuel efficient, and its flexibility allows for replacement of greener alternatives, both of which are anticipated to drive the growth of the district heating market during the forecast period.
The regulations aimed at reducing greenhouse gas emissions as well as increased awareness about the waste recycling will drive the greater demand for district heating in the market. The strict regulations aimed at improving building energy efficiency through the use of sustainable technologies will help the district heating market grow at a rapid pace. Due to its cost-effectiveness and environmental friendliness, the global district heating market has seen a substantial growth. The heat supply from district heating is produced in an environmentally sustainable manner, reducing greenhouse gas emissions and positively impacting the product demand globally. The government initiatives aimed at reducing carbon emissions as well as increased adoption of sustainable energy will help to boost the growth of the market.
Report Scope of the District Heating Market
|
Report Coverage |
Details |
|
Market Size by 2030 |
USD 295.35 Billion |
|
Growth Rate from 2022 to 2030 |
CAGR of 5.9% |
|
Largest Market |
Europe |
|
Fastest Growing Market |
Asia Pacifc |
|
Base Year |
2021 |
|
Forecast Period |
2022 to 2030 |
|
Segments Covered |
Heat Source, Plant Type, Application, Geography |
|
Companies Mentioned |
Shinryo Corporation, Ramboll, Danfoss Group, E. on Energy Services, FVB Energy Inc., Dall Energy, Statkraft, Kelvion, NRG Energy, NextGen Heating |
The natural gas has steadily gained a healthy amount of market share in the global district heating industry as the trend toward power generation has switched away from fossil fuels, primarily due to environmental determinants. The natural gas' multiple advantages, including as lower costs and lower carbon emissions combined with outstanding efficiency, have aided the segment's expansion. The growing natural gas exploration activity in each region is also a factor in the growing popularity of these systems.
In recent years, non-conventional energy sources such as solar and wind have gained popularity. In various developed and developing countries, there has been a shift toward solar energy. However, since the district heat network serves a large number of people, and renewables are a newbie to the area, they have a limited market compared to natural gas. The natural gas-fired district heating has a higher established and installed capacity than renewable-fired district heating. However, due to the high cost of renewables, the money generated by using them surpasses that of natural gas. This trend is expected to continue, with the share of renewables increasing at a consistent rate.
Region Insights
Europe dominated the district heating market in 2020. The large power stations in Europe create waste heat. This heat is used to meet the region’s entire heating needs. Thus, this region is dominating with large market share.
Asia-Pacific, on the other hand, is expected to develop at the fastest rate during the forecast period. The expansion of the district heating market in the region is predicted to be fueled by population growth, rising disposable income, and more government efforts. Furthermore, the expansion of the district heating market is fueled by the surge in the number of households connected to district heating and a rising demand for thermal comfort.
Some of the prominent players in the District Heating Market include:
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2030 and covers subsequent region in its scope:
By Heat Source
By Plant Type
By Application
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Key Points Covered in District Heating Market Study:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on District Heating Market
5.1. COVID-19 Landscape: District Heating Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global District Heating Market, By Heat Source
8.1. District Heating Market, by Heat Source Type, 2022-2030
8.1.1. Coal
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Natural Gas
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Renewable
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Oil & Petroleum Heat Sources
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global District Heating Market, By Application
9.1. District Heating Market, by Application, 2022-2030
9.1.1. Residential
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Industrial
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Commercial
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global District Heating Market, By Plant Type
10.1. District Heating Market, by Plant Type, 2022-2030
10.1.1. Boiler
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Combined Heat and Power (CHP)
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Heat Exchangers
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Heat Meter
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Others
10.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global District Heating Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.1.2. Market Revenue and Forecast, by Application (2017-2030)
11.1.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.1.4.2. Market Revenue and Forecast, by Application (2017-2030)
11.1.4.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Application (2017-2030)
11.1.5.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.2.2. Market Revenue and Forecast, by Application (2017-2030)
11.2.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.2.4.2. Market Revenue and Forecast, by Application (2017-2030)
11.2.4.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Application (2017-2030)
11.2.5.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Application (2017-2030)
11.2.6.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Application (2017-2030)
11.2.7.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.3.2. Market Revenue and Forecast, by Application (2017-2030)
11.3.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.3.4.2. Market Revenue and Forecast, by Application (2017-2030)
11.3.4.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Application (2017-2030)
11.3.5.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Application (2017-2030)
11.3.6.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Application (2017-2030)
11.3.7.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.4.2. Market Revenue and Forecast, by Application (2017-2030)
11.4.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.4.4.2. Market Revenue and Forecast, by Application (2017-2030)
11.4.4.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Application (2017-2030)
11.4.5.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Application (2017-2030)
11.4.6.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Application (2017-2030)
11.4.7.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.5.2. Market Revenue and Forecast, by Application (2017-2030)
11.5.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.5.4.2. Market Revenue and Forecast, by Application (2017-2030)
11.5.4.3. Market Revenue and Forecast, by Plant Type (2017-2030)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Heat Source (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Application (2017-2030)
11.5.5.3. Market Revenue and Forecast, by Plant Type (2017-2030)
Chapter 12. Company Profiles
12.1. Shinryo Corporation
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Ramboll
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Danfoss Group
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. E. on Energy Services
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. FVB Energy Inc.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Dall Energy
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Statkraft
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Kelvion
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. NRG Energy
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. NextGen Heating
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers