Global District Heating Market Value to Increase by $32.81 Billion During 2020-2024 | Forecasting Strategies for New Normal

The district heating market is expected to grow by $ 32.81 billion and grow at an annual rate of over 3% over the forecast period.

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Technavio has announced its latest market research report titled Global District Heating Market 2020-2024 (Graphic: Business Wire).

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The implementation of district heating in smart cities is one of the main drivers for market growth. However, factors such as competition from fuel cell micro-CHP will hinder market growth.

More details:

District heating market: technology landscape

Based on the technology, the fossil fuel segment achieved maximum sales for the market in 2019. This is due to the increased use of coal, natural gas, and oil to create steam or water heating applications. The market growth in this segment will be significant in the forecast period.

District heating market: geographical landscape

Geographically, Europe will experience lucrative growth over the forecast period. About 73% of the total growth in the market is expected to come from Europe. Factors such as the existence of extensive network installations and the high demand from end users for heating requirements are driving the market growth in Europe.

Poland, Germany and Denmark are the key markets for district heating solutions in Europe. The market growth in this region will be slower than the market growth in North America.

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Covered companies:

What our reports offer:

  • Market share assessments for the segments at regional and country level

  • Strategic recommendations for newcomers

  • Covers market data for 2019, 2020 to 2024

  • Market trends (drivers, opportunities, threats, challenges, investment opportunities and recommendations)

  • Strategic recommendations in key business areas based on market assessments

  • Competitive landscaping that reflects key common trends

  • Company profiles with detailed strategies, financial data and current developments

  • Supply chain trends that reflect the latest technological advances

Technavio proposes three forecast scenarios (optimistic, likely and pessimistic) that take into account the effects of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacts on market research reports.

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Main topics covered:


Market landscape

  • Market ecosystem

  • Value chain analysis

Market size

Five forces analysis

Market segmentation by technology

  • Market segments

  • Comparison by technology

  • Fossil Fuels Market Size and Forecast 2019-2024

  • Renewable Energies – Market Size and Forecast 2019-2024

  • Market opportunity through technology

Customer landscape

Geographical landscape

  • Geographic segmentation

  • Geographic comparison

  • Europe – Market size and forecast 2019-2024

  • APAC – Market size and forecast 2019-2024

  • North America – Market size and forecast 2019-2024

  • MEA – Market Size and Forecast 2019-2024

  • South America – Market size and forecast 2019-2024

  • Major leading countries

  • Market opportunity by geography

  • Market leader

  • Market challenges

  • Market trends

Supplier landscape

  • Sales landscape

  • Landscape disturbance

  • Competitive scenario

Supplier analysis


about us

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Technavio Research
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