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District Heating Market Growth Analysis 2018-2024 with Top Industry Players - Logstor, NRG Energy, Fortum, Statkraft, Shinryo Corporation, Vattenfall, Ramboll, Dong Energy, Kelag Warme

11-02-2018 06:48 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

District Heating Market

District Heating Market

For instance, as per the Clean Air Act, the U.S. EPA has regulated the elimination of toxic air pollutants including SO2, Nox and CO2, emissions. As per the European Union, the DH system based on Combined Heat & Power (CHP) emits lesser carbon emissions, up to 60 % in comparison to the traditional boiler-based heating systems fueled by the same source.

District Heating Market is predicted to reach over USD 250 billion by 2024. Ongoing adoption of government regulations toward limiting carbon emissions along with advent of advanced technologies toward reusing and recycling the waste energy will augment the Industry growth.

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Solar district heating market is anticipated to expand over 8% by 2024. Key features including, ease of installation, lower operational cost, economic viability and environmental performance will enhance business landscape. The European Union is promoting the installation of solar DH systems, as per its SDHtake-off plan, across Denmark, Germany, Austria, Italy and Czech Republic. The program has added a capacity of about 500 MWth of SDH systems along with government plans for further addition of over 8 GWth till 2020.

Strict government standards and policies toward adoption of green & sustainable technologies and reducing the CO2 emissions will foster the Russia district heating market. By 2020, the country has planned to reduce the GHG emissions by 75% compared to the levels in 1990. Rapid modernization and renovation measures toward existing traditional heating systems to attain energy efficiency will encourage the product adoption.

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Commercial district heating market is predicted to gain over 6% by 2024. Growing demand for sustainable & advanced heating technologies coupled with active measures toward achieving energy security will support the buisness growth. The capability of DH systems to provide high operational performance, enhanced reliability and economic feasibility across commercial applications will accelerate the adoption of systems. Furthermore, the development of advanced technology solutions including pre-insulated piping network will encourage the district heating market growth.

China district heating market in 2017, contributed to more than 30% of the global market share. Effective government measures to curb air pollution and promotion of sustainable solutions for heating across consumers will complement the business landscape. For instance, the ministry of Housing & Urban-Rural Development has announced to increase the capacity of indoor heating zones across the upper belt in Southern China, with temperature falling below 50 C during winters. Moreover, in 2016, the World Bank had accepted a loan of worth USD 100 million for Hebai province of China for establishing the green heating deployments.

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/district-heating-market

Eminent players across the district heating market include: Goteborg, Fortum, Vattenfall, Statkraft, STEA, Shinryo, Ramboll, RWE, Ørsted, LOGSTOR, NRG., Hafslund, Keppel, Korea District Heating Co and Kelag.

District Heating market research report includes in-depth coverage of the industry with estimates & forecast in terms of PJ and USD from 2013 to 2024, for the following segments:

District Heating Market, By Source

CHP
Geothermal
Solar
Heat only Boiler
Others

Read More Related News @ http://cmferesearch.com/

District Heating Market, By Application

Commercial/Institutional
College/University
Office
Government/Military
Residential
Industrial
Chemical
Paper
Refinery

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporte Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

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