Global District Heating and Cooling Market Research Report 2022

District energy, both heating and cooling, tie together the energy generating sources in a city with buildings and facilities having a need of heating and/or cooling. Instead of each building having its own heating or cooling system, the energy is delivered to several buildings in a larger area from a central plant. The water based distribution system guarantees that heat and cooling arrive safely to the end users.
With district heating, energy is saved overall, as it takes advantage of resources that would otherwise not be have been used, making it an efficient and sustainable solution to satisfy the local heat and cooling demand in a city.
Market Analysis and Insights: Global District Heating and Cooling Market
Due to the COVID-19 pandemic, the global District Heating and Cooling market size is estimated to be worth US$ 227660 million in 2022 and is forecast to a readjusted size of US$ 405530 million by 2028 with a CAGR of 10.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, District Heating accounting for % of the District Heating and Cooling global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Residential segment is altered to an % CAGR throughout this forecast period.
Global District Heating and Cooling key players include ENGIE, NRG Energy, Fortum, Empower, ADC Energy Systems, STEAG, Ørsted A/S, etc. Global top seven manufacturers hold a share about 25%.
Asia-Pacific is the largest market, with a share about 30%, followed by Europe and North America, have a share about 40 percent.
In terms of product, District Heating is the largest segment, with a share about 90%. And in terms of application, the largest application is Residential, followed by Commercial, Industrial.
Global District Heating and Cooling Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global District Heating and Cooling Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
District Heating
District Cooling
Segment by Application
Residential
Commercial
Industrial
By Company
ENGIE
NRG Energy
Fortum
Empower
ADC Energy Systems
STEAG
Ørsted A/S
Tabreed
Vattenfall
RWE AG
Goteborg Energi
Logstor
Shinryo
Emicool
Keppel DHCS
Statkraft
Ramboll
Production by Region
North America
Europe
China
Japan
Mid East & Africa
Southeast Asia
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina

Frequently Asked Questions