District Heating Market - Forecast(2021 - 2026)

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District Heating Market – Forecast (2021 - 2026)

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• The District Heating market size is forecast to reach $203.42 billion by 2026, growing at a CAGR of 4.7% from 2021 to 2026. District heating also known as teleheating which is a system of distributing heat generated in a centralized location through insulated pipes for residential and commercial heating requirements like space heating and water heating. The heat is generally achieved by geothermal heating, central solar heating and heat waste from the nuclear power plants, air conditioning and industrial refrigeration systems. District heating with combined heat and power is the cheapest method of cutting carbon emissions and has lowest carbon footprints of all fossil generation plants. Contact: (+1) 970-2363677 Email: sales@industryarc.com

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Key Takeaways • The demand for district heating system is increasing due to surging urban population along with rising investment across the real-estate industry. • District heating with combined heat and power is the cheapest method of cutting carbon emissions and has lowest carbon footprints of all fossil generation plants. • Better air quality, sustainability and low thermal losses are prominent features of district heating systems. • District heating market in APAC is expected to grow at the highest CAGR in the forecast period due to growing urbanization and increasing demand for energy-efficient and cost-effective heating solutions. Contact: (+1) 970-2363677 Email: sales@industryarc.com

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By Distribution Channel- Segment Analysis District Heating market is dominated by coal which accounts for 41% of the market in 2020. District heating systems now-a-days have the flexibility of allowing substitution to environmentally friendly alternatives. Renewable energy is energy generated by natural sources and includes geothermal heating, biomass, wind energy, water energy and solar energy. These energies are greenhouse neutral energies which doesn’t increase the concentration of greenhouse gases. Heat sources which are usually utilized in electricity generation such as water and wind energy are rarely used in district heating but the majority of renewables are used to a high degree in district heating. Contact: (+1) 970-2363677 Email: sales@industryarc.com

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District Heating Market Industry Outlook • • • • • • • • • •

Fortum Vattenfall ENGIE Danfoss NRG Energy StatKraft Shinryo Corporation LOGSTOR Goteborg Energi Kelag

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District Heating Market – Forecast (2021 - 2026) Learn More About the Report

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You Can Customize the Report as Per Your Need. We have included Some Customization Options:  Company Profile  Analyst Briefing  Data Tables  Key Contacts  Free Customization

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For More Details Contact Venkat Reddy Contact: (+1) 970-236-3677 Email: sales@industryarc.com Connect with us on LinkedIn @ http://www. linkedin.com/company/industryarc

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