Sep 21, 2022   SOURCE: BusinessWire

District Heating Global Market to Reach $202.21 Billion by 2026 - ResearchAndMarkets.com

The "District Heating Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

The global district heating market is expected to grow from $164.31 billion in 2021 to $171.26 billion in 2022 at a compound annual growth rate (CAGR) of 4.23%. The district heating market is expected to grow to $202.21 billion in 2026 at a compound annual growth rate (CAGR) of 4.24%.

Western Europe was the largest region in the district heating market in 2021. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the district heating market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Government initiatives in improving heating infrastructure are expected to propel the growth of the district heating market. Due to rapid growth in extreme weather in specific geographies and the lack of efficient heating systems, governments are investing in establishing district heating sectors to increase affordable and environmentally friendly heating access to their residents. For instance, according to the International Energy Agency, Europe alone invested $5.8 billion in district heating pipelines in 2019, and the length of district heat pipelines rose to 72 thousand Km in 2019. Therefore, the government initiatives in improving heating infrastructure will drive the growth of the district heating market.

Rapid technological development is a key trend in the district heating market. The major companies operating in the district heating sector are developing innovative technologies with a major focus on sustainability to meet the fast-growing end customer demands and strengthen their market position. For instance, Tractebel Engineering S.A., a Belgium-based provider of engineering services, is developing fourth-generation district heating and cooling technology, which utilizes low-temperature waste heat and connects the electricity network to the grid. The current ongoing developmental activities include district heating with geothermal heat coupled with a heat pump and district cooling using standard chillers coupled with ice thermal storage.

In January 2022, Egeria, an Independent Pan-European investment company, acquired Isoplus, a UK-based provider of pre-insulated district heating piping systems and district heating systems for an undisclosed amount. Through this acquisition, Isoplus is expected to attain financial support and operational support to expand its business operations across the Europe.

Scope

Markets Covered:

1) By Plant Type: Boiler; Combined Heat and Power (CHP); Others Plant Types

2) By Heat Source: Coal; Natural Gas; Renewables; Oil and Petroleum Products

3) By Application: Residential; Commercial; Industrial

Key Topics Covered:

1. Executive Summary

2. District Heating Market Characteristics

3. District Heating Market Trends And Strategies

4. Impact Of COVID-19 On District Heating

5. District Heating Market Size And Growth

6. District Heating Market Segmentation

7. District Heating Market Regional And Country Analysis

8. Asia-Pacific District Heating Market

9. China District Heating Market

10. India District Heating Market

11. Japan District Heating Market

12. Australia District Heating Market

13. Indonesia District Heating Market

14. South Korea District Heating Market

15. Western Europe District Heating Market

16. UK District Heating Market

17. Germany District Heating Market

18. France District Heating Market

19. Eastern Europe District Heating Market

20. Russia District Heating Market

21. North America District Heating Market

22. USA District Heating Market

23. South America District Heating Market

24. Brazil District Heating Market

25. Middle East District Heating Market

26. Africa District Heating Market

27. District Heating Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The District Heating Market

29. District Heating Market Future Outlook and Potential Analysis

30. Appendix

Companies Mentioned

  • Alfa Laval
  • Danfoss
  • FVB Energy
  • Keppel
  • LOGSTOR

For more information about this report visit https://www.researchandmarkets.com/r/klxp36