District Heating: Discover Key Drivers that will Boost Growth
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The Global District Heating Market is projected to grow by $ 21.67 bn, accelerating at a CAGR of almost 3% till 2025. This research report delineates the growth drivers that will boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth.
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District Heating Market: Key Market Drivers
Technavio has identified Implementation of district heating in smart cities as one of the key factors that will drive this market. This research report provides a comprehensive analysis of this and all the other factors that will propel market growth. The report also takes into account the current market scenario, trends, and challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.
District Heating Market: Segment List
This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. District Heating Market is segmented by Technology (Fossil fuels and Renewables) and Geography (Europe, APAC, North America, MEA, and South America). Request our Free Sample Report
District Heating Market: Vendor Landscape
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Alfa Laval AB, Danfoss AS, Fortum Oyj, John Wood Group Plc, Korea District Heating Corp., NRG Energy Inc., Ramboll Group AS, Statkraft AS, Vattenfall AB, and Xylem Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.
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District Heating Market Size to Grow by $ 21.67 Billion through 2021-2025 | Forecast and Trend Analysis
Technavio has been monitoring the district heating market and it is expected to grow by $ 21.67 bn, accelerating at a CAGR of almost 3% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
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District Heating Market: Emerging Trends to Impact Market Growth
The increasing use of biomass district heating is one of the key district heating market trends which is rapidly gaining traction. To minimize the environmental impact and improve energy efficiency, wood pellets are being used as a viable alternative fuel for district heating. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus.
The district heating network along with district cooling has emerged as a crucial infrastructure solution to decarbonize the cities. When compared with the individual systems for heating, the district heating networks provide several advantages such as cost-efficiency and lesser emissions. This analysis will enable clients to assess their play in the market and plan for growth opportunities.
District Heating Market: Vendor Analysis
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Alfa Laval AB, Danfoss AS, Fortum Oyj, John Wood Group Plc, Korea District Heating Corp., NRG Energy Inc., Ramboll Group AS, Statkraft AS, Vattenfall AB, and Xylem Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
For more insights into this market:Download a Free Sample Report
