Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global District Heating Market: By Heat Source: Coal, Natural Gas, Renewable Resources, Oil and Petroleum Products, Others; By Plant Type: Boiler, CHP, Others; By Application: Residential, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global District Heating Market Outlook

The global market for district heating reached about USD 185.97 billion in 2021. The industry is further expected to grow at a CAGR of about 3.9% in the forecast period of 2022-2027. It will reach an approximate value of USD 233.95 billion by the end of 2027. The key drivers include the rising government initiatives and investments to improve district heating.

 

Asia Pacific is Leading the District Heating Market

Asia Pacific is the major market region for district heating due to expanding urbanisation, population growth, the disposable income that is increasing simultaneously, the rising need for energy-efficient and cost-effective heating systems, and the initiatives taken by the governments. The region's heating needs are satisfied by heat produced by the huge factories and plants, which would otherwise go to waste, the heat produced by the industrial plants is utilised to meet the rising demand for district heating in the region. Various policies to control the carbon emissions are being placed, which will encourage people to connect to the district heating service network instead of using personal/local equipment. With nations such as China increasing their investments in the market and deploying plants in their northern area, which experiences low temperatures, it is predicted to further propel the district heating market in this region.

 

Market Segmentations: District Heating

District heating is a system network consisting of insulated pipes between the production facilities and cities. The heat generated in the plant is then used for space cooling and heating, domestic water heating, and industrial process heat.

The global market, by heat source, can be broadly divided into:

  • Coal
  • Natural Gas
  • Renewable Resources
  • Oil and Petroleum
  • Others

Among these, coal and natural gas are the most used heat source.

The plant types in the global district heating market are:

  • Boiler
  • CHP
  • Others

On the basis of applications, the global district heating market includes:

  • Residential
  • Commercial
  • Industrial

The regional markets for district heating can be divided into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

 

The Rising Energy Demands and Government Initiatives for Sustainable Solution Aiding the Market Growth

Many countries are in the phase of industrialisation, and to get a better living standard, people have started to move from rural areas to urban areas, which in turn has increased the demand for energy across all sectors. The energy need is dramatically increasing with the growing population, and to fulfil the demand, governments are looking for sustainable options. Their aim is to reduce the increasing pollution and control the carbon emissions produced from local heating systems. This is where the district heating market comes as a lucrative option as it will help in reducing emissions by supplying heating facilities to all the connected houses and areas, meeting the needs, all while lowering the usage of local heating systems by a lot.

The rising support from government initiatives can also provide significant support to the growth of the market. The northern parts of many countries, such as the United States, China, and Japan, are being facilitated with these services. Renewable-based district heating services can be a big boon for the environment. It eliminates the need to burn other fuels, such as coal, which creates a lot of air pollution. Thus, further investment in renewable sources can bolster the market growth even more.

 

Key Players in the Global Market for District Heating

The report gives a detailed analysis of the following key players in the global district heating market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Fortum Oyj
  • Vattenfall AB
  • Engie Group
  • Danfoss A/S
  • NRG Energy, Inc.
  • Statkraft AS
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global District Heating Market Analysis

    8.1    Key Industry Highlights
    8.2    Global District Heating Historical Market (2017-2021) 
    8.3    Global District Heating Market Forecast (2022-2027)
    8.4    Global District Heating Market by Heat Source
        8.4.1    Coal
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Natural Gas
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Renewable Resources
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Oil and Petroleum Products
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Others
    8.5    Global District Heating Market by Plant Type
        8.5.1    Boiler
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    CHP
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Others
    8.6    Global District Heating Market by Application
        8.6.1    Residential
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Commercial
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Industrial
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
    8.7    Global District Heating Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Fortum Oyj
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Vattenfall AB
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Engie Group
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Danfoss A/S
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    NRG Energy, Inc.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Statkraft AS
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global District Heating Market: Key Industry Highlights, 2017 and 2027
2.    Global District Heating Historical Market: Breakup by Heat Source (USD Billion), 2017-2021
3.    Global District Heating Market Forecast: Breakup by Heat Source (USD Billion), 2022-2027
4.    Global District Heating Historical Market: Breakup by Plant Type (USD Billion), 2017-2021
5.    Global District Heating Market Forecast: Breakup by Plant Type (USD Billion), 2022-2027
6.    Global District Heating Historical Market: Breakup by Application (USD Billion), 2017-2021
7.    Global District Heating Market Forecast: Breakup by Application (USD Billion), 2022-2027
8.    Global District Heating Historical Market: Breakup by Region (USD Billion), 2017-2021
9.    Global District Heating Market Forecast: Breakup by Region (USD Billion), 2022-2027
10.    North America District Heating Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    North America District Heating Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Europe District Heating Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Europe District Heating Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Asia Pacific District Heating Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Asia Pacific District Heating Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Latin America District Heating Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Latin America District Heating Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Middle East and Africa District Heating Historical Market: Breakup by Country (USD Billion), 2017-2021
19.    Middle East and Africa District Heating Market Forecast: Breakup by Country (USD Billion), 2022-2027
20.    Global District Heating Market Structure

Key Questions Answered in the Report

In 2021, the global market attained a value of nearly USD 185.97 billion.

The market is projected to grow at a CAGR of 3.9% between 2022 and 2027.

The market is estimated to witness healthy growth in the forecast period of 2022-2027 to reach USD 233.95 billion by 2027.

The major industry drivers are reducing carbon emissions and rising energy demands.

The key industry trend is to shift towards a renewable-based heating system for reduced emissions.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with the Asia Pacific being the biggest market region.

The heat sources include coal, natural gas, renewable resources, oil and petroleum, among others, where coal and natural gas are the most used heat sources.

The plant types in the market include boiler and CHP, among others.

District heating finds wide applications in residential, commercial, and industrial sectors.

The major players in the industry are Fortum Oyj, Vattenfall AB, Engie Group, Danfoss A/S, NRG Energy, Inc., and Statkraft AS, among others.

Analyst Review

The global district heating market attained a value of USD 185.97 billion in 2021, driven by the rising inclination towards renewable energy sources and carbon emission control. Aided by the growing energy needs, the market is expected to grow at a CAGR of 3.9% in the forecast period of 2022-2027. The market is projected to reach USD 233.95 billion by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its heat source, the market can be segmented into coal, natural gas, renewable resources, oil and petroleum, among others, with coal and natural gas being the most used heat source. The plant type can be divided into boiler and CHP, among others. District heating finds applications in residential, commercial, and industrial sectors. The market regions can be divided into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa, with Asia Pacific being the largest and growing market. The key industry players are Fortum Oyj, Vattenfall AB, Engie Group, Danfoss A/S, NRG Energy, Inc., and Statkraft AS, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports





NEWSLETTER