Market Overview:
The global district heating and cooling service market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient district heating and cooling systems across the globe. Additionally, the growing awareness about environment-friendly district heating and cooling systems is also contributing to the growth of this market. On the basis of type, the global district heating and cooling service market can be segmented into district heating and district cooling. District heating is a system in which heat is generated centrally at a single point and distributed through insulated pipes to various buildings or households located in close proximity to each other.
Product Definition:
District Heating and Cooling Service (DHCS) is the process of distributing heat or cooling energy from a single source to multiple buildings. DHCS can be used to heat or cool a campus, neighborhood, downtown area, or other geographical region. The importance of DHCS lies in its ability to provide thermal comfort and energy cost savings by using a single fuel source instead of multiple smaller sources.
District Heating:
The global district heating and cooling service market size was valued at USD 2.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. District heating systems are used for providing heat services in residential, commercial, industrial, educational buildings as well as transportation facilities such as airports and railway stations.
District Cooling:
The basic function of a district cooling system is to provide heat and cold to the central plant, which may be located in the same or different buildings. The heat generated by one building is passed on to another through a network of pipes, radiators or water. District cooling systems are used for reducing energy costs and increasing energy efficiency in commercial buildings as well as homes.
In district heating & cooling service market there are two types of customers namely consumers (residential/commercial).
Application Insights:
The demand for the global district heating and cooling service market by application is categorized into residential, commercial, and industrial. The residential sector dominated the market in 2017 owing to increasing urbanization across various regions coupled with favorable government policies promoting energy-efficient technologies is expected to drive growth over the forecast period.
District heating and cooling services are widely used in commercial buildings as a method of reducing space conditioning costs while improving operational efficiency. In addition, it helps reduce electricity bills by up to 30% when compared with conventional methods of air conditioning buildings such as central air conditioners or window ACs. These factors are anticipated to contribute towards segment growth during the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of the region can be attributed to rising disposable income, increasing population, rapid urbanization, and changing climatic conditions. Rising demand for HVAC systems in emerging economies such as India and China is also anticipated to drive regional market growth over the forecast period.
Europe accounted for a significant share of revenue in 2017 owing to growing adoption by commercial institutions such as hotels, hospitals, restaurants etc. In addition district cooling system has gained popularity due to less consumption of energy which results into lower electricity bills which further increases its demand across this region especially countries like Germany and Russia among others are expected drive regional market growth during the forecast period.
Growth Factors:
- Increasing demand for energy-efficient heating and cooling systems
- Growing awareness about the benefits of district heating and cooling systems
- Rising investments in smart city initiatives
- Proliferation of internet of things (IoT) enabled district heating and cooling systems
- Stringent government regulations mandating the use of energy-efficient heating and cooling systems
Scope Of The Report
Report Attributes
Report Details
Report Title
District Heating and Cooling Service Market Research Report
By Type
District Heating, District Cooling
By Application
Residential, Commercial, Industrial
By Companies
ENGIE, Fortum, Empower, ADC Energy Systems, STEAG, Ørsted A/S, Tabreed, Vattenfall, RWE AG, Goteborg Energi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global District Heating and Cooling Service Market Report Segments:
The global District Heating and Cooling Service market is segmented on the basis of:
Types
District Heating, District Cooling
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ENGIE
- Fortum
- Empower
- ADC Energy Systems
- STEAG
- Ørsted A/S
- Tabreed
- Vattenfall
- RWE AG
- Goteborg Energi
Highlights of The District Heating and Cooling Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- District Heating
- District Cooling
- By Application:
- Residential
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the District Heating and Cooling Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
District heating and cooling service is a type of home energy management system that uses centralized systems to heat or cool buildings. These systems are typically composed of a central boiler, an air handler unit, and ductwork in the building. Heat is transferred from the boiler to the air handler unit, where it is distributed to individual rooms through ductwork. Cooling takes place in a similar manner, with cold water being circulated through pipes throughout the building.
Some of the key players operating in the district heating and cooling service market are ENGIE, Fortum, Empower, ADC Energy Systems, STEAG, ˜rsted A/S, Tabreed, Vattenfall, RWE AG, Goteborg Energi.
The district heating and cooling service market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 District Heating and Cooling Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 District Heating and Cooling Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 District Heating and Cooling Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the District Heating and Cooling Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global District Heating and Cooling Service Market Size & Forecast, 2018-2028
4.5.1 District Heating and Cooling Service Market Size and Y-o-Y Growth
4.5.2 District Heating and Cooling Service Market Absolute $ Opportunity
Chapter 5 Global District Heating and Cooling Service Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 District Heating and Cooling Service Market Size Forecast by Type
5.2.1 District Heating
5.2.2 District Cooling
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global District Heating and Cooling Service Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 District Heating and Cooling Service Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global District Heating and Cooling Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 District Heating and Cooling Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America District Heating and Cooling Service Analysis and Forecast
9.1 Introduction
9.2 North America District Heating and Cooling Service Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America District Heating and Cooling Service Market Size Forecast by Type
9.6.1 District Heating
9.6.2 District Cooling
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America District Heating and Cooling Service Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe District Heating and Cooling Service Analysis and Forecast
10.1 Introduction
10.2 Europe District Heating and Cooling Service Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe District Heating and Cooling Service Market Size Forecast by Type
10.6.1 District Heating
10.6.2 District Cooling
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe District Heating and Cooling Service Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific District Heating and Cooling Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific District Heating and Cooling Service Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific District Heating and Cooling Service Market Size Forecast by Type
11.6.1 District Heating
11.6.2 District Cooling
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific District Heating and Cooling Service Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America District Heating and Cooling Service Analysis and Forecast
12.1 Introduction
12.2 Latin America District Heating and Cooling Service Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America District Heating and Cooling Service Market Size Forecast by Type
12.6.1 District Heating
12.6.2 District Cooling
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America District Heating and Cooling Service Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) District Heating and Cooling Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) District Heating and Cooling Service Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) District Heating and Cooling Service Market Size Forecast by Type
13.6.1 District Heating
13.6.2 District Cooling
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) District Heating and Cooling Service Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 District Heating and Cooling Service Market: Competitive Dashboard
14.2 Global District Heating and Cooling Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ENGIE
14.3.2 Fortum
14.3.3 Empower
14.3.4 ADC Energy Systems
14.3.5 STEAG
14.3.6 Ørsted A/S
14.3.7 Tabreed
14.3.8 Vattenfall
14.3.9 RWE AG
14.3.10 Goteborg Energi
