District Heating Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

District Heating Market: Overview

District energy systems provide heating and cooling to buildings, often in a neighborhood, downtown district, or campuses. These systems are powered from a central plant or a complex of distributed sources via a network of underground pipes. District heating is a system used for distributing heat over a span of area through system of insulated pipes for commercial and residential requirements such as water heating and space heating. The heat is mostly obtained through a cogeneration plant burning biomass or fossil fuels. Furthermore, heat pumps, solar heating, and geothermal heating are used in district heating. Waste heat from nuclear electricity can also be used in district heating. District heating systems are able to provide high efficiency and good pollution control than the locally operating boilers. District heating with combined heat and power (CHPDH) is one of the cheapest means of minimizing carbon emissions and has the lowest carbon emission of all the fossil generation plants.

District Heating Market: Trends & Demands

There were five different generations of district heating systems. Powered by coal, the first generation was a steam based system, which made use of concrete ducts. These were not very efficient. The second generation was powered by coal and oil, and the energy was transmitted through pressurized hot water as heat carrier. The third generation was powered by biomass, coal, and waste. Pre-insulated pipes were used for transmission. The fourth generation was powered by CHP plants, utilizing waste heat from industry, biomass power plants, and geothermal and solar thermal energy. The fifth generation was powered by remote fossil fuel power stations or renewable energy sources. The fifth generation is currently used in districting heating.

District heating offers advantages over the individual heating system. It is energy efficient, as simultaneous production of heat and electricity takes place in combined heat and power generation plants. This reduces the overall carbon emission. The surplus heat from industries can also be used in district heating, thus reducing the fuel cost. The district heating system may vary in size according to the installation. A system can be designed to cover entire city, a small village, or for limited number of dwellings. The usage of solar powered district heating is increasing on a large scale. Under this, solar panels are ground mounted.

District Heating Market: Key Segments

The global district heating market can be segmented based on heat source, application, plant type, and region. In terms of heat source, the district heating market can be classified into natural gas, renewable energy, coal, oil & petroleum products, and others. Based on application, the global district cooling market can be divided into residential, industrial, and commercial. In terms of plant type, the district heating market can be bifurcated into boilers and combined heat and power (CHP).

District Heating Market: Regional Outlook

In term of region, the global district heating market can be split into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. North America is expected to dominate the global market during the forecast period. It is anticipated to be followed by Europe. The market in Asia Pacific is estimated to expand at a moderate pace during the forecast period. Latin America and Middle East & Africa are expected to account for a small share of the global district heating market in the near future.

District Heating Market: Key Players

Key players operating in the global district heating market include Vattenfall AB, Fortum, Ramboll Group A/S, Danfoss, ENGIE, NRG Energy, Inc., Vital Energi Ltd., SHINRYO CORPORATION, Statkraft, FVB Energy Inc., LOGSTOR A/S, Kelag, ALFA LAVAL, Orsted, Enwave Energy Corporation, Keppel Corporation Limited, and STEAG GMBH.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

• Customer Experience Maps
• Insights and Tools based on data-driven research
• Actionable Results to meet all the business priorities
• Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

• North America
• Asia Pacific
• Europe
• Latin America
• The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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