District Heating & Cooling Market Share and Growth Forecast to 2024 |Top Key Players are Engie, Stellar, Keppel, Veolia, Vattenfall, ADC, Korea District Heating, Goteborg, Cetetherm, Tabreed, Shinryo, SNC Lavalin, STEAG, Danfoss

Global District Heating & Cooling market report added by MarketstudyReport.com is one of the most comprehensive research studies on District Heating & Cooling offering 551 data tables, 75 figures, covering 32 companies and regional outlook for 18 countries on segments covered in this report.

The global district heating & cooling market is poised to witness robust growth in the imminent future, attributed to escalating regulatory initiatives for decreasing carbon emissions along with fluctuating climatic conditions resulting from global warming. In addition to this, the rapid adoption of sustainable energy alternatives in tandem with various regulatory mandates and norms supporting green infrastructure standards would fuel market growth. For instance, by the year 2011 South Africa already had 15 Green Star rated buildings, and the number is doubling almost every year. The SA government has introduced Green Building Council of SA (GBCSA) to keep a watch on the development of green infrastructure in the region. GBC’s efforts are evident in popular cities of SA such as Mauritius, Rwanda, Namibia, Zambia, Tanzania, Ghana, and Kenya. Likewise, more such global initiatives wherein sustainability consultants and construction engineers work in conjunction to protect the environment would bolster district heating & cooling market share in the upcoming future. District Heating & Cooling Market Research Report for the period of 2018-2024 that shows the growth of the market is rising at a Steady CAGR to 2024.

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District Heating & Cooling Market share is predicted to surpass USD 400 billion by 2024. Stringent environmental norms pertaining to GHG emissions along with the ongoing adoption of ecofriendly solutions will accelerate the district heating & cooling market growth. Extreme climatic conditions owing to increasing surface temperature primarily across the Middle East will foster the business landscape. For instance, as per the Clean Air Act, the U.S. EPA regulates the release of hazardous pollutants including CO2, NOX and SO2 emissions.

China district heating & cooling market is projected to exceed the consumption of 5,000 PJ by 2024. Rising demand for thermal energy across the commercial and residential sector coupled with rapid economic development will increase the product penetration. Escalating industrialization & urbanization owing to refurbishment of the existing infrastructure will positively impact the industry landscape. In 2016, a loan of USD 100 million was approved by the World Bank for the refurbishment of sustainable heating infrastructure across the province of Hebai.

Eminent players serving the district heating & cooling market includes Stellar, Keppel, Veolia, Vattenfall, ADC, Korea District Heating, Goteborg, Cetetherm, Tabreed, Shinryo, Engie, SNC Lavalin, STEAG, Danfoss, Empower, Emicool, Qatar Cool, Logstor AS, Pal Technology, Fortum, Ramboll and NRG Energy.

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Low operating cost, easy installation, environmental performance and economic viability are some of the major factors that will accelerate the solar district heating & cooling market growth. The SDH plan proposed by European Commission aims at promoting and deploying of SDH systems across Denmark, Czech Republic, Germany and Italy. It further directs to add a capacity of approximately 8 GWth by the year 2020.

Technological advancements in the CHP systems to provide sustainable power generation along with the increasing adoption of sustainable standards and codes will foster the commercial district heating & cooling market growth. In addition, the increasing investments pertaining to real-estate industry coupled with ongoing development across the service sector will increase the product demand. Innovative energy efficiency solutions, energy management systems and refurbishment of sustainable heating infrastructure will further complement the industry growth.

Table of Content:

Chapter 1. Methodology & Scope

Chapter 2. Executive Summary

Chapter 3 District Heating & Cooling Industry Insights

Chapter 4 District Heating & Cooling Market, By Energy Source

Chapter 5 District Heating & Cooling Market, By Application

Chapter 6 District Heating & Cooling Market, By Region

Chapter 7 District Heating & Cooling Market Company Profiles

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Related Report:

2018-2023 Global District Heating and Cooling Consumption Market Report
District energy, both heating and cooling, tie together the energy generating sources in a city with buildings and facilities having a need of heating and/or cooling. Instead of each building having its own heating or cooling system, the energy is delivered to several buildings in a larger area from a central plant. The water based distribution system guarantees that heat and cooling arrive safely to the end users.
The global average price of district heating and cooling is in the decreasing trend, from 52.7 USD/GWh in 2013 to 50.3 USD/GWh in 2017. With the situation of global economy, prices will be in decreasing trend in the following five years.

https://www.marketstudyreport.com/reports/2018-2023-global-district-heating-and-cooling-consumption-market-report?utm_source=RR-SP

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