District Heating and Cooling Market to surpass USD 400 billion by 2024

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Global District Heating and Cooling Market to
surpass USD 400 billion by 2024 Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from District Heating and Cooling
Market

• Global District Heating Cooling Market size in
  2017 was valued over USD 200 billion and will
  reach USD 400 billion by 2024, as reported in the
  latest study by Global Market Insights, Inc.
  Increasing implementation of regulatory policies
  pertaining to carbon emissions coupled with
  growing adoption of sustainable energy
  technologies will stimulate the district heating
  cooling market share. Changing climatic
  conditions on account of accelerating surface
  temperature range will boost the industry growth.
  For instance, the U.S. EPA under its Clean Air
  Act controls the release of air pollutants
  including NOx, SO2 and CO2 emissions.
• China district heating and cooling market is set
  to exceed the consumption of 5,000 PJ by 2024.
  Rapid economic growth along with large scale
  deployment of heating cooling systems will
  encourage the product adoption. Escalating
  urbanization industrialization on account of
  rising infrastructure development will influence
  the industry landscape

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Continued...

• Increasing investments toward the development of
  residential commercial establishments across
  the emerging economies along with favorable
  regulatory policies pertaining to energy
  efficiency will propel the district heating and
  cooling market size. Technological advancement,
  ease of compatibility with various sources, lower
  thermal loses, and high operational efficiency
  are some of the underline parameters which makes
  its adoption preferable when compared with other
  conventional technologies.
• Commercial district heating cooling market will
  witness a growth on account of growing adoption
  of building codes and standards coupled with the
  development of combined heating and cooling
  technologies to provide sustainable energy
  solution. In addition, the flourishing service
  sector across the developed nations along with
  rising investments toward real-estate industry
  will encourage the product adoption. Ongoing
  expansion of efficient heating infrastructure,
  innovative energy efficiency solutions and energy
  management systems will further accelerate the
  industry growth.

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Sweden District Heating Cooling Market Size, by
Application, 2017 2024 (USD Million)

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Continued...

• Solar district heating and cooling market was
  valued over USD 4 billion in 2017. Ease of
  installation, lower operating cost, economic
  viability and environmental performance are some
  of the major factors which will propel the
  technology adoption. The European Commission, as
  per its SDH plan aims at deploying and promoting
  of SDH systems across Italy, Denmark, Germany and
  Czech Republic. The plan further aims to add a
  capacity of around 8 GWth by 2020.
• Ease of compatibility with various sustainable
  heating and cooling solutions will stimulate the
  heat pumps technology. In addition, the
  technology is widely accepted across residential
  and commercial establishments on account of there
  ability for trigeneration, providing electricity,
  heat and cool simultaneously. Increasing use of
  waste heat to generate energy thereby reducing
  the carbon emissions are some of the key
  parameters which will fuel the district heating
  cooling market share.

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Companies

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

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Industry Coverage

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Table OF Content
Chapter 1 Methodology Scope 1.1
Methodology 1.2 Market definitions 1.3 Market
estimation and forecast parameters 1.4 Data
Sources 1.4.1 Primary 1.4.2 Secondary 1.4.2.1
Paid sources 1.4.2.2 Public
sources Chapter 2 Executive Summary 2.1
District heating cooling 3600 synopsis, 2013
2024 2.1.1 Business trends 2.1.2 Energy
source trends 2.1.3 Application trends 2.1.4
Regional trends
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