District Heating Market 2018 - Global Forecast to 2023: Opportunities in Initiatives Related to Clean Energy Production and Stringent Legislative Regulation to Reduce Greenhouse Gas Emission
DUBLIN, Dec. 5, 2018 /PRNewswire/ --
The "District Heating Market by Heat Source (Coal, Natural Gas, Renewable, Oil & Petroleum Products), Plant Type (Boiler Plant, CHP), Application (Residential, Commercial, Industrial), and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The overall district heating market was valued at USD 163.76 billion in 2017 and is projected to reach USD 203.00 billion by 2023, at a CAGR of 3.5% from 2018 to 2023.
District heating is a system in which heat procured from various sources, such as boilers, geothermal, heat pump, and combined heat is distributed for space heating and water heating requirements of residential and commercial consumers. District heating systems are energy and cost-efficient, thereby leading to environment-friendly heating. The growth of the district heating market is driven by factors such as demand for energy-efficient and cost-effective heating systems and growing urbanization and industrialization.
Urbanization is one of the megatrends in the world; continuous urban development boosts the demand for district heating. Public expenditures have been increasing due to a rising population shift from rural to urban areas. There has been a steady rise in the demand for heating; as a result, substantial investments have been made in the district heating sector. Growing urbanization leads to organized infrastructure developments suitable for district heating solution. Growing urban cities create a demand for sustainable, efficient, and reliable utility services including district heating and electricity production.
High infrastructure cost inhibits the growth of the district heating market. Furthermore, the need for robust transportation equipment is a major challenge of the district heating market.
However, factors such as increasing technological advancement and digitalization, and growing initiatives related to clean energy production can generate huge opportunities for the district heating market in the near future. Legislative authorities in various countries, such as Denmark, Sweden, China, and Germany, prepare energy policy with ambitious initiatives related to clean energy, energy efficiency, and renewable energy production.
For instance, the Danish government aims for 50% of electricity consumption supplied by wind power, and more than 35% of final energy consumption supplied from renewable energy sources. Such initiatives will help reduce greenhouse gas emissions and create significant opportunities for the district heating market in the near future.
Key Topics Covered:
1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.4 Currency
1.5 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Overall District Heating Market
4.2 District Heating Market, By Application
4.3 District Heating Market, By Application and Country
4.4 District Heating Market, By Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for Energy-Efficient and Cost-Effective Heating Systems
5.2.1.2 Growing Urbanization and Industrialization
5.2.2 Restraints
5.2.2.1 High Infrastructure Cost
5.2.3 Opportunities
5.2.3.1 Technological Advancements and Digitalization
5.2.3.2 Initiatives Related to Clean Energy Production and Stringent Legislative Regulation to Reduce Greenhouse Gas Emission
5.2.4 Challenges
5.2.4.1 Need for Robust Transportation Equipment
6 District Heating Market, By Heat Source
6.1 Introduction
6.2 Coal
6.2.1 APAC is Expected to Dominate the Growth of the Coal Source Used for District Heating
6.3 Natural Gas
6.3.1 The Growth of the Natural Gas Source is Driven By Its High Efficiency on Net Calorific Values
6.4 Renewable
6.4.1 The Growth of the Renewable Heat Source is Primarily Attributed to Growing Initiatives to Reduce Greenhouse Gas Emission
6.5 Oil and Petroleum Products
6.5.1 Europe Hold Largest Share of the Oil and Petroleum Products Source for District Heating
6.6 Others
6.6.1 Financial Benefits and Efficient Use of Heat Driving the Growth of Others Hear Source
7 District Heating Market, By Plant Type
7.1 Introduction
7.2 Boiler
7.2.1 Convenient Heating Driving the Growth of the Boiler Plants
7.3 Combined Heat and Power (CHP)
7.3.1 The Growth of the CHP Plant is Attributed to Low Capital Investment and Reduced Heat Losses
7.4 Others
7.4.1 Efficient Use of Heat Sources Driving the Growth of the Other Plant
8 District Heating Market, By Application
8.1 Introduction
8.2 Residential
8.2.1 The Initiatives Taken By the Government to Reduce Greenhouse Gas Emission Propelling the Growth of the District Heating Market in Residential Applications
8.3 Commercial
8.3.1 Higher Adoption Rate of District Heating Solution for Offices and Malls Driving the Growth of the Commercial Application
8.4 Industrial
8.4.1 Growing Industrialization Driving the Growth of the District Heating Market in Industrial Application
9 Geographic Analysis
9.1 Introduction
9.2 Americas
9.2.1 US
9.2.1.1 Growing Modern Construction in Residential and Commercial Buildings Driving the Growth of the Market in the US
9.2.2 Canada
9.2.2.1 Government Initiatives to Reduce Greenhouse Gas Emission Propelling the Growth of the Market in Canada
9.2.3 South America
9.2.3.1 Growing Public-Private Partnerships to Set Out Policies and Investment Required for District Heating Driving the Growth of the Market in South America
9.3 Europe
9.3.1 Russia
9.3.1.1 Residential Application Expected to Dominate the Growth of the Market in Russia
9.3.2 Germany
9.3.2.1 The Growth of the Market in Germany is Attributed to the Legislative Framework of the Country to Reduce the Greenhouse Gas Emission
9.3.3 UK
9.3.3.1 Government Initiatives are Likely to Drive the Growth of the Market in the UK
9.3.4 France
9.3.4.1 Rising Residential Building Permits and Low Housing Loan Interest Rate Propelling the Growth of the Residential Application in France
9.3.5 Sweden
9.3.5.1 Renewable Heat Source Hold the Largest Share of District Heating Market in the Country
9.3.6 Denmark
9.3.6.1 CHP Plant Hold Largest Share of the District Heating Market in Denmark
9.3.7 Other Scandinavian Countries
9.3.7.1 Residential Application Hold Largest Share of the District Heating Market in the Region
9.3.8 Rest of Europe
9.3.8.1 Renewable Heat Source is Expected to Dominate the Growth of the District Heating Market in the Region
9.4 APAC
9.4.1 China
9.4.1.1 Rapid Growing Urbanization in the Country is Propelling the Growth of the District Heating Market
9.4.2 Japan
9.4.2.1 Government Initiatives are Expected to Drive the District Heating Market in Japan
9.4.3 South Korea
9.4.3.1 Continuous Increase in the Number of Households Connected to District Heating Drives the Market in the Country
10 Competitive Landscape
10.1 Introduction
10.2 Ranking Analysis of Players in District Heating Market
10.3 Competitive Situations and Trends
10.3.1 Product Launches
10.3.2 Agreements, Partnerships, Contracts, and Collaborations
10.3.3 Expansions
11 Company Profiles
11.1 Key Players
11.1.1 Fortum
11.1.2 Vattenfall
11.1.3 Engie
11.1.4 Danfoss
11.1.5 NRG Energy
11.1.6 Statkraft
11.1.7 Shinryo Corporation
11.1.8 Logstor
11.1.9 Vital Energi
11.1.10 Kelag
11.2 Other Key Players
11.2.1 Goteborg Energi
11.2.2 FVB Energy
11.2.3 Alfa Laval
11.2.4 Ramboll Group
11.2.5 Savon Voima
11.2.6 Enwave Energy
11.2.7 Orsted
11.2.8 Helen
11.2.9 Keppel Dhcs
11.2.10 Steag New Energies
For more information about this report visit https://www.researchandmarkets.com/research/lm7gfw/district_heating?w=5
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