Europe District Heating Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Europe District heating market is estimated to register a CAGR of 5.73% for the forecast period, 2022-2027. The introduction of new technologies like machine learning, IoT services, and smart meters have helped in optimizing the heating cycles according to the varying demands in Europe.
Key HighlightsThe Europe District Heating Market is moderately fragmented. Different companies offer services limited to their respective region and other European countries. The paradigm shift in adopting renewable energy resources is driving the fragmentation as the brands continue to establish their individual greener supply chains. Government regulations and incentives in terms of taxation play a vital role. Companies are coming forward with new and improved solutions for district heating.
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