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Global District Heating Market 2023 Size, Share, Insight And Segments Analysis By Top Key Players | Alfa Laval, Danfoss, FVB Energy, Keppel, LOGSTOR
District Heating Market
As per the District Heating Market report by The Business Research Company, rising industrialization is expected to propel the growth of the district heating market going forward. Industrialization refers to the approach by which an economy is converted from a primarily agricultural one to one based on the manufacturing of goods.
The global district heating market size grew from $164.58 billion in 2022 to $177.05 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The district heating market size is expected to grow to $212.24 billion in 2027 at a CAGR of 4.6%.
Read More On The District Heating Market Report Here:
https://www.thebusinessresearchcompany.com/report/district-heating-global-market-report
Major competitors in the District Heating Market include Alfa Laval, Danfoss, FVB Energy, Keppel, LOGSTOR, Ramboll Group, Shinryo Corporation, STEAG, Vattenfall, Vital Energi, NRG Energy, Enwave Energy Corporation, SP Group, and Xylem..
The District Heating Market is segmented -
By Plant Type: Boiler, Combined Heat and Power (CHP), Others Plant Types
By Heat Source: Coal, Natural Gas, Renewables, Oil and Petroleum Products
By Application: Residential, Commercial, Industrial
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europe was the largest region in the District Heating Market.
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District heating refers to an underground infrastructure element that distributes thermal energy from a central energy plant or plants to different buildings. The plant's steam or hot water is distributed around the clock using underground thermal pipe networks that are well insulated. The thermal energy is delivered to the building's heating system so that the need for individual building boilers could be eliminated. It increases efficiency and greatly helps in controlling emissions.
The Table Of Content For The District Heating Market Include:
1. Executive Summary
2. District Heating Market Characteristics
3. District Heating Market Trends And Strategies
4. District Heating Market - Macro Economic Scenario
5. District Heating Market Size And Growth
……
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
The "Global District Heating Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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