Title: PPT for District Heating Market Update 2017
1 District Heating Market Share Industry
Analysis, 2016 2024 Fractovia.org
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2Overview
- District heating market revenue is projected to
witness a notable growth over the years to come,
subject to its growing usage across residential,
industrial, and commercial sectors. - Robust demand for cost-efficient green systems
and rising energy requirement is expected to
accelerate market demand in future. - Enhanced system features such as high air
quality, renewable energy, and low heat loss will
produce lucrative avenues for the business. - According to Global Market Insights, Inc.,
District heating industry value, estimated at
USD 200 billion in 2016, is projected to hit USD
280 billion by 2024. - Residential applications are predicted to grow at
a CAGR of 3 over the period of 2017-2024, driven
by the rising popularity of district heating
systems in countries such as Denmark and France.
3Europe District Heating Market Size, By Source,
2016
4Product Trends
- Residential applications are predicted to grow at
a CAGR of 3 over the period of 2017-2024, driven
by the rising popularity of district heating
systems in countries such as Denmark and France.
In 2014, Denmark government had made it
obligatory for the builders to deploy district
heating systems in the new constructions and this
resulted in the installation of these systems in
more than 63 of the residential complexes in
Denmark. - District heating industry in the industrial
sector, worth USD 60 billion in 2016, is expected
to witness a notable expansion over the years to
come. Lower GHG emissions, effective services,
and reasonable costs are some of the key features
predicted to influence the business development.
5Regional Trends
- District heating industry in the U.S., worth USD
20 billion in 2016, is forecast to expand notably
over the span of few years. The growth can be
credited to the elevated demand for effective
heating systems across industrial and residential
sectors. Strict legislations favoring energy
efficient constructions will constructively
leverage district heating market size in Russia. - Shinryo Corporation, Dong Energy, Ramboll Group
A/S, Fortum Corporation, and Goteborg Energi are
the key participants of district heating
industry.
Competitive Trends
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