District Heating Market revenue to cross USD 237 Bn by 2028: Global Market Insights Inc.

SELBYVILLE, Del., Feb. 23, 2022 /PRNewswire/ -- The district heating market size is anticipated to record a valuation of USD 237 billion by 2028, according to the most recent study by Global Market Insights Inc.  Market will witness an upsurge owing to favorable regulations to curb GHG emissions along with growing concerns toward recycling waste energies will positively sway the business scenario. Stringent government policies on the development of green buildings along with the growing adoption of clean energy sources will energize the industry dynamics. Increasing investments in the expansion of manufacturing facilities in line with the ongoing integration of fuel-efficient technologies will favor the market growth.

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Heat-only-boilers are used to generate thermal energy in the form of hot water for several district heating applications. Unlike CHP stations, which produce thermal energy as the by-product of power generation, heat-only-boilers have been set up dedicatedly for heat generation only. Fuels used across different heat-only boiler stations are natural gas, heating oil, wood chips, and straw. Favorable government incentive programs along with national renewable integration targets will further enhance the market expansion.

Industrial applications of the district heating market comprise the usage of heating systems across the chemical, refinery, and paper industries. Reduction in transmission losses and increasing safety toward gas leakage will propel the industry growth. Moreover, the development of new industrial spaces and the flourishing manufacturing sector across developing countries will facilitate the industrial segment growth.

Europe district heating market is poised to showcase 3% growth rate through 2028. Growing focus toward carbon emissions along with government funding & incentives toward the acceptance of district heating systems will drive the industry expansion. Furthermore, growing concerns toward recycling waste energies coupled with economic feasibility, cost competitiveness, and low dependency on conventional fuel will further stimulate the market progression.

Major companies operating in the district heating market include Vattenfall AB, Goteborg Energi, Fortum, STEAG, Shinryo Corporation, Statkraft, RWE AG, NRG Energy, Ørsted, Keppel DHCS Pte, Ramboll Group, Korea District Heating Corporation, Hafslund, Kelag Warme, and LOGSTOR.

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Table of Contents (ToC) of the report:

Chapter 3 District Heating Market Insights

3.1  Industry ecosystem analysis

3.1.1  Scenario I

3.1.2  Scenario II

3.1.3  Scenario III

3.1.4  Vendor Matrix

3.2  Innovation & sustainability

3.3  Regulatory landscape

3.4  Covid-19 impact on industry outlook

3.4.1  Top ten countries impacted by COVID-19

3.5  Industry impact forces

3.5.1  Growth drivers

3.5.2  Industry pitfalls & challenges

3.6  Growth potential analysis

3.7  Price trend analysis

3.8  Development of future district heating & cooling solutions

3.8.1  INDIGO

3.8.2  FLEXYNETS

3.8.3  E2District

3.8.4  InDeal

3.8.5  H-DisNet (H-DisNet Hybrid Thermo-Chemical District Networks)

3.9  Entry barriers

3.10  Degree of competition

3.11  Case study analysis – Integrated DHC system in Stockholm

3.11.1  Project Overview

3.11.2  Key facts & figures

3.11.3  Customer Segmentation

3.11.4  Policies & incentives supporting the DHC

3.12  Technical and operational parameters of district heating systems

3.13  Customer requirement

3.14  Customer group requirement

3.15  Porter's Analysis

3.16  Competitive landscape, 2021

3.17  PESTEL Analysis

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