District heating systems are used for distribution of heat produced via insulated pipes for various applications such as residential, industrial, and commercial. The system supply the heat from one source to a district. These system uses steam as a medium for heat distribution in place of water. Furthermore, growing awareness toward reutilizing of waste energy coupled with government orders to combat greenhouse gas emissions is set to drive the growth of the market.
MARKET DYNAMICS
Swift industrialization together with the rising energy demand is boosting the global district heating market. Nevertheless, the high set up costs might hinder the growth of the global district heating market. Furthermore, execution of heating systems in the smart cities is anticipated to create opportunities for district heating market during the forecast period.
MARKET SCOPE
The "Global District Heating Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the global district heating market with detailed market segmentation by heat source, plant type, application and geography. The global district heating market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading district heating market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global district heating market is segmented on the heat source, plant type, and application. On the basis of heat source, the district heating market is segmented into coal, natural gas, oil and petroleum products, and others. On the basis of plant type, the district heating market is segmented boiler, combined heat and power (CHP), and others. On the basis of application, the district heating market is segmented into residential, commercial, and industrial.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global district heating market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The district heating market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of eighteen countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the district heating market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces Analysis on a global scenario.
MARKET PLAYERS
The reports cover key developments in the district heating market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from district heating market are anticipated to lucrative growth opportunities in the future with the rising demand for aerospace bearings in the global market. Below mentioned is the list of few companies engaged in the district heating market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the district heating market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- Danfoss
- Engie Group
- Fortum Corporation
- Kelag - Kaerntner Elektrizitaets AG
- Logstor A/S
- NRG Energy
- Shinryo Corporation
- Statkraft
- Vattenfall AB
- Vital Energi
The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.