District Heating Market 2024-2028
The district heating market is forecasted to grow by USD 49.5 bn during 2023-2028, accelerating at a CAGR of 4.8% during the forecast period. The report on the district heating market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by decarbonization goals, investments in energy sector, and increasing adoption of district heating systems in varied use cases.
Technavio's district heating market is segmented as below:
- By Source
- Fossil fuels
- Renewables
- Others
- By End-user
- Residential
- Commercial
- Industrial
- By Geographical Landscape
- Europe
- APAC
- North America
- South America
- Middle East and Africa
This study identifies the government initiatives to promote district heating projects as one of the prime reasons driving the district heating market growth during the next few years. Also, adoption of green district heating and strategic partnerships will lead to sizable demand in the market.
The report on the district heating market covers the following areas:
- District Heating Market sizing
- District Heating Market forecast
- District Heating Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading district heating market vendors that include Alfa Laval AB, BRUGG Rohrsystem AG, Danfoss AS, E.ON UK Plc, ENGIE SA, Fortum Oyj, FVB Energy Inc, Helen Ltd., LOGSTOR Denmark Holding ApS, Ramboll Group AS, REHAU Ltd., Statkraft AS, STEAG GmbH, Thermaflex, Uniper SE, Uponor Corp., Vattenfall UK, Veolia Environnement SA, Viessmann Werke GmbH and Co. KG, and Vital Energi Ltd.. Also, the district heating market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.