Global District Heating and Cooling Market Growth 2024-2030
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.
The global District Heating and Cooling market size is projected to grow from US$ 258790 million in 2024 to US$ 469470 million in 2030; it is expected to grow at a CAGR of 10.4% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “District Heating and Cooling Industry Forecast” looks at past sales and reviews total world District Heating and Cooling sales in 2023, providing a comprehensive analysis by region and market sector of projected District Heating and Cooling sales for 2024 through 2030. With District Heating and Cooling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world District Heating and Cooling industry.
This Insight Report provides a comprehensive analysis of the global District Heating and Cooling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on District Heating and Cooling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global District Heating and Cooling market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for District Heating and Cooling and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global District Heating and Cooling.
The key players of District Heating and Cooling include ENGIE, NRG Energy, Fortum, etc. The top three players hold a share over 15%. Asia-Pacific is the largest market, with a share about 32%. In terms of product type, District Heating is the largest segment, which occupied for a share of about 75%. For application, Residential is the largest segment, which has a share about 39%.
This report presents a comprehensive overview, market shares, and growth opportunities of District Heating and Cooling market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
District Heating
District Cooling
Segmentation by Application:
Residential
Commercial
Industrial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global District Heating and Cooling market?
What factors are driving District Heating and Cooling market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do District Heating and Cooling market opportunities vary by end market size?
How does District Heating and Cooling break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.