District Heating Market Growth Insights and Trends (2021-2031)

District Heating Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Heat Source (Coal. Natural Gas, Oil and Petroleum Products, and Others), Plant Type (Boiler, Combined Heat and Power, and Others), Application (Residential, Commercial, and Industrial), and Geography

Publication Month : May 2025

  • Report Code : TIPRE00007183
  • Category : Energy and Power
  • Status : Published
  • No. of Pages : 231
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The District Heating Market size is expected to reach US$  2,98,725.11 million by 2031 from US$ 2,14,011.98 million in 2024. The market is estimated to register a CAGR of 4.6% during 2025–2031. The rising energy demand worldwide is likely to bring new trends to the market in the coming years.

District Heating Market Analysis

District heating is a water-based heating system that uses excess renewable energy from local sources such as biofuels, garbage, and industrial heat waste. It generates thermal energy from a central energy plant and distributes it to multiple buildings. This system supports energy plants to generate steam or hot water that is distributed 24/7 via well-insulated subsurface thermal piping networks. The thermal energy flows to the building's heating system, eliminating the need for boilers in individual buildings. District heating serves as a vital infrastructure by enhancing energy efficiency, reducing emissions, allowing flexibility in fuel supply, simplifying building operations and maintenance, and saving costs. It plays a significant role in transitioning to a more circular economy and reducing greenhouse gas emissions. District heating can free up capacity on the electric grid and is utilized as a renewable alternative to fossil fuels in buildings and industry, which increases its installation.

District Heating Market Overview

The rising energy demand, growing investment and installation of heat pumps, and high focus on achieving net zero drive the demand for district heating worldwide. The surging smart city projects across urban regions and the investment toward the expansion of district heating networks further fuel the market growth. The soaring research and development activities, the growing usage of waste heat from industrial processes, and the evolution of fifth-generation district heating and cooling (5GDHC) networks are expected to generate future growth opportunities in the market.

The district heating market is segmented on the basis of heat source, plant type, application, and geography. Based on heat source, the market is divided into coal, natural gas, oil and petroleum products, and others. In terms of plant type, the market is categorized into boiler, combined heat and power (CHP), and others. On the basis of application, the district heating market is categorized as residential, commercial, and industrial. By region, the district heating market is segmented into North America and Europe. Europe holds a larger share of the market, followed by Asia Pacific and North America. The district heating market in Europe is witnessing tremendous growth owing to the expansion of heating network, the rising smart city projects, the integration of advanced technologies such as IoT and 5G, favorable government initiatives, and funding for the development and expansion of district heating networks.

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District Heating Market: Strategic Insights

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District Heating Market Drivers and Opportunities

Rising Energy Demand Worldwide

The district heating plants (such as boilers and combined heat and power) are used for central generation and delivery of heat (usually in the form of hot water or steam) to residential, commercial, and industrial buildings via an interconnected network of insulated pipes. According to International Energy Agency (IEA) data from March 2025, the demand for energy is soaring owing to the increasing electricity consumption and growing supply of renewables and natural gas. In 2024, global energy consumption increased by 2.2%, quicker than the average yearly demand increase of 1.3% between 2013 and 2023. In 2024, developing economies such as China (4,060 million tonnes (mtoe)), US (2,172 mtoe), India (1,135 mtoe), Russia (838 mtoe), Japan (391 mtoe), Brazil (336 mtoe), and other emerging economies accounted for more than 80% of global energy demand growth. Among these countries, China's energy consumption increased by approximately 3% in 2023.  The scalability of district heating solutions makes them a popular choice in highly populated urban areas for a reliable heat supply. These solutions deliver the appropriate amount of heat to a large number of buildings while minimizing overall energy waste. Thus, the growing demand for sustainable solutions and rising energy consumption surges the adoption of district heating solutions in the residential, commercial, and industrial sectors. These solutions support sectors with the optimal usage of energy and promote them to reduce greenhouse gas emissions.

Soaring Investment Toward the Expansion of the District Heating Network

Cities and governments focus on upgrading district heating networks and distributing thermal energy to multiple buildings. Governments are developing smart cities that require centralized heating systems that generate and store heat, collect waste heat from cities for further use, and reduce energy loss. The growing energy demand and the rising need for appropriate heating systems require high investment to expand the district heating network. Governments are investing in expanding district heating networks to fulfill the energy demands of individuals. According to lean Energy Wire data published in September 2024, Germany needs to invest nearly five billion euros (US$ 5.56 billion) each year by 2045 to provide district heating to one-third of all residences. According to World Nuclear Association data of February 2023, China invested CNY390 million (US$ 57 million) in its nuclear energy heating source project for constructing a heating pipe network and pumping station in the plant. This investment expands heating capacity to 9.7 million gigajoules (GJ) to provide heat to a 13 million square meter area, meeting the needs of 1 million residents and reducing CO2 emissions by 1.65 million tonnes. The capacity expansion of the district heating network can result in lower costs for fuel supply, maintenance, and operating efficiency.

The investments in district heating systems, such as additional pipelines, power plants, and distribution systems, enable more homes and businesses to obtain low-cost and efficient heating. Thus, the focus on emission reduction and expansion of district heating networks that reduce energy loss during heat distribution and increase the network's efficiency is expected to create future growth opportunities for the market.

District Heating Market Report Segmentation Analysis

Key segments that contributed to the derivation of the District Heating Market analysis are heat source, plant type, and application.

  • In terms of heat source, the market is categorized into coal, natural gas, oil and petroleum products, and others. The natural gas segment dominated the market in 2024.
  • By plant type, the market is categorized into boiler, combined heat and power, and others. The combined heat and power segment dominated the market in 2024.
  • Based on application, the market is divided into residential, commercial, and industrial. The residential segment dominated the market in 2024.

District Heating Market Share Analysis by Geography

The district heating market is segmented into five major regions: North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South and Central America (SAM). Europe dominated the market in 2024, followed by Asia Pacific and North America.

The district heating market in Europe is segmented into Germany, France, the UK, and Italy. The rising awareness among government and tech companies related to the benefits of integrating sustainable solutions and increasing investment toward the expansion of the district heating network propel the demand for these systems. According to Fern data of March 2025, Denmark's Greater Copenhagen Utility (HOFOR) is electrifying its district heating network, which was previously based on biomass and garbage combustion. The utility plans to install new heat pumps, of which three have already been installed. The HOFOR utility is investing 3 billion Danish kroner (US$ 418 million) to install 10 other heat pumps by 2033. This installation will supply 300 MW of heating capacity, reducing Copenhagen's dependency on biomass for district heating by ~one-third. In August 2024, The Danish Board of District Heating (DBDH) published data stating that Germany needs to invest at least 43.5 billion euros (US$ 47.64 billion) in district heating to achieve its climate targets by 2030. This investment supports the country to expand its heat production capacity, generate renewable energy, and transition to climate neutrality by 2045. The incorporation of heat pumps and other electrified systems in district heating networks supports the utility industry in lowering carbon emissions and increasing the heating network efficiency. Thus, increasing investment and government focus on net zero transition drive growth of the district heating market in Europe.

District Heating Market Report Scope

District Heating Market News and Recent Developments

The district heating market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the key developments in the District Heating Market are listed below:

  • Fortum agreed to support the development of Finnish technology company Steady Energy's district heating nuclear reactor with its simulation expertise. The goal is to create a comprehensive digital twin for Steady Energy's LDR-50 reactor using Apros software. (Source: Fortum, Press Release, March-2025)
  • Engie Polska, part of French utility Engie SA (EPA: ENGI), determined to phase out coal at its Polish heating plants by the end of 2025 by switching to biomass, natural gas, or waste heat. By 2026, its plant in Poland's northern town of Slupsk is expected to generate 80% of the heat from renewable energy sources, waste heat, and high-efficiency cogeneration. For this purpose, the company is converting the coal boiler to biomass and installing a heat pump, using the potential of waste heat from treated sewage. (Source: Engie SA, Press Release, March-2025)

District Heating Market Report Coverage and Deliverables

The "District Heating Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:

  • District Heating Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • District Heating Market trends, as well as market dynamics such as drivers, restraints, and key opportunities
  • Detailed PEST and SWOT analysis
  • District Heating Market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the District Heating Market
  • Detailed company profiles
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


What will be the global district heating market size by 2031?

The global district heating market is expected to reach US$ 298.72 billion in the year 2031.

Which are the key players holding the major market share of global district heating market?

The key players, holding majority shares, in global district heating market includes Fortum Corp, Vettanfall, Danfos, and Engie SA.

What are the future trends of the global district heating market?

The evolution of fifth generation district heating and cooling (5GDHC) networks is the future trends of the global district heating market.

What is the estimated market size for the global district heating market in 2024?

The global district heating market was valued at US$ 214.01 billion in 2024 and is projected to reach US$ 298.72 billion by 2031; it is expected to grow at a CAGR of 4.6% during 2025–2031.

What are the driving factors impacting the global district heating market?

Rising energy demand worldwide, growing towards the installation of heat-pump, and high focus on achieving net-zero emissions are the driving factors impacting the global district heating market.

Which region is holding the major market share of global district heating market?

The Europe held the largest market share in 2024, followed by APAC and North America.

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

2. Executive Summary

2.1 Analyst Market Outlook

2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research

3.2 Primary Research

3.2.1 Hypothesis formulation:

3.2.2 Macro-economic factor analysis:

3.2.3 Developing base number:

3.2.4 Data Triangulation:

3.2.5 Country level data:

4. District Heating Market Landscape

4.1 Overview

4.2 PEST Analysis

4.3 Ecosystem Analysis

4.3.1 Component Providers:

4.3.2 Technology Providers:

4.3.3 Transmission and Distribution Network:

4.3.4 Regulatory Bodies:

4.3.5 End users:

4.3.6 List of Vendors in the Value Chain

4.4 Average Selling Price - 2024 (Unit: US$/MWh)

4.5 Import Export Analysis, 2023 (Unit: US$ Thousand)

4.5.1 Import Export Analysis, 2023 - Central Heating Boilers (840310), (Unit: US$ Thousand)

4.5.2 Import Export Analysis, 2023 - Electric Instantaneous or Storage Water Heaters (851610), (Unit: US$ Thousand)

4.5.3 Import Export Analysis, 2023 - Industrial & Laboratory Electric Furnaces & Oven (851430), (Unit: US$ Thousand)

4.6 ESG Outlook

4.6.1 Environmental Considerations

4.6.2 Social Considerations

4.6.3 Governance Considerations

5. District Heating Market – Key Market Dynamics

5.1 District Heating Market – Key Market Dynamics

5.2 Market Drivers

5.2.1 Rising Energy Demand Worldwide

5.2.2 Growing Towards the Installation of Heat-Pump

5.2.3 High Focus on Achieving Net-Zero Emissions

5.3 Market Restraints

5.3.1 High Initial Capital Investment:

5.4 Market Opportunities

5.4.1 Rising Investment Toward the Expansion of District Heating Network

5.5 Future Trends

5.5.1 The Evolution of Fifth Generation District Heating and Cooling (5GDHC) Networks

5.6 Impact of Drivers and Restraints:

6. District Heating Market – Global Market Analysis

6.1 District Heating Market Revenue (US$ Million), 2021–2031

6.2 District Heating Market Forecast Analysis

7. District Heating Market Analysis – by Heat Source

7.1 Coal

7.1.1 Overview

7.1.2 Coal: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

7.2 Natural Gas

7.2.1 Overview

7.2.2 Natural Gas: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

7.3 Oil and Petroleum Products

7.3.1 Overview

7.3.2 Oil and Petroleum Products: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

7.4 Others

7.4.1 Overview

7.4.2 Others: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

8. District Heating Market Analysis – by Plant Type

8.1 Boiler

8.1.1 Overview

8.1.2 Boiler: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

8.2 Combined Heat and Power

8.2.1 Overview

8.2.2 Combined Heat and Power: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

8.3 Others

8.3.1 Overview

8.3.2 Others: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

9. District Heating Market Analysis – by Application

9.1 Residential

9.1.1 Overview

9.1.2 Residential: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

9.2 Commercial

9.2.1 Overview

9.2.2 Commercial: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

9.3 Industrial

9.3.1 Overview

9.3.2 Industrial: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

10. District Heating Market – Geographical Analysis

10.1 Overview

10.2 North America

10.2.1 North America District Heating Market Overview

10.2.2 North America: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.2.3 North America: District Heating Market Breakdown, by Heat Source

10.2.3.1 North America: District Heating Market– Revenue and Forecast Analysis – by Heat Source

10.2.4 North America: District Heating Market Breakdown, by Plant Type

10.2.4.1 North America: District Heating Market– Revenue and Forecast Analysis – by Plant Type

10.2.5 North America: District Heating Market Breakdown, by Application

10.2.5.1 North America: District Heating Market– Revenue and Forecast Analysis – by Application

10.2.6 North America: District Heating Market – Revenue and Forecast Analysis – by Country

10.2.6.1 North America: District Heating Market – Revenue and Forecast Analysis – by Country

10.2.6.2 United States: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.2.6.2.1 United States: District Heating Market Breakdown, by Heat Source

10.2.6.2.2 United States: District Heating Market Breakdown, by Plant Type

10.2.6.2.3 United States: District Heating Market Breakdown, by Application

10.2.6.3 Canada: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.2.6.3.1 Canada: District Heating Market Breakdown, by Heat Source

10.2.6.3.2 Canada: District Heating Market Breakdown, by Plant Type

10.2.6.3.3 Canada: District Heating Market Breakdown, by Application

10.2.6.4 Mexico: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.2.6.4.1 Mexico: District Heating Market Breakdown, by Heat Source

10.2.6.4.2 Mexico: District Heating Market Breakdown, by Plant Type

10.2.6.4.3 Mexico: District Heating Market Breakdown, by Application

10.3 Europe

10.3.1 Europe District Heating Market Overview

10.3.2 Europe: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.3.3 Europe: District Heating Market Breakdown, by Heat Source

10.3.3.1 Europe: District Heating Market– Revenue and Forecast Analysis – by Heat Source

10.3.4 Europe: District Heating Market Breakdown, by Plant Type

10.3.4.1 Europe: District Heating Market– Revenue and Forecast Analysis – by Plant Type

10.3.5 Europe: District Heating Market Breakdown, by Application

10.3.5.1 Europe: District Heating Market– Revenue and Forecast Analysis – by Application

10.3.6 Europe: District Heating Market – Revenue and Forecast Analysis – by Country

10.3.6.1 Europe: District Heating Market – Revenue and Forecast Analysis – by Country

10.3.6.2 Germany: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.3.6.2.1 Germany: District Heating Market Breakdown, by Heat Source

10.3.6.2.2 Germany: District Heating Market Breakdown, by Plant Type

10.3.6.2.3 Germany: District Heating Market Breakdown, by Application

10.3.6.3 United Kingdom: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.3.6.3.1 United Kingdom: District Heating Market Breakdown, by Heat Source

10.3.6.3.2 United Kingdom: District Heating Market Breakdown, by Plant Type

10.3.6.3.3 United Kingdom: District Heating Market Breakdown, by Application

10.3.6.4 France: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.3.6.4.1 France: District Heating Market Breakdown, by Heat Source

10.3.6.4.2 France: District Heating Market Breakdown, by Plant Type

10.3.6.4.3 France: District Heating Market Breakdown, by Application

10.3.6.5 Italy: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.3.6.5.1 Italy: District Heating Market Breakdown, by Heat Source

10.3.6.5.2 Italy: District Heating Market Breakdown, by Plant Type

10.3.6.5.3 Italy: District Heating Market Breakdown, by Application

10.3.6.6 Russia: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.3.6.6.1 Russia: District Heating Market Breakdown, by Heat Source

10.3.6.6.2 Russia: District Heating Market Breakdown, by Plant Type

10.3.6.6.3 Russia: District Heating Market Breakdown, by Application

10.3.6.7 Rest of Europe: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.3.6.7.1 Rest of Europe: District Heating Market Breakdown, by Heat Source

10.3.6.7.2 Rest of Europe: District Heating Market Breakdown, by Plant Type

10.3.6.7.3 Rest of Europe: District Heating Market Breakdown, by Application

10.4 Asia Pacific

10.4.1 Asia Pacific District Heating Market Overview

10.4.2 Asia Pacific: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.4.3 Asia Pacific: District Heating Market Breakdown, by Heat Source

10.4.3.1 Asia Pacific: District Heating Market– Revenue and Forecast Analysis – by Heat Source

10.4.4 Asia Pacific: District Heating Market Breakdown, by Plant Type

10.4.4.1 Asia Pacific: District Heating Market– Revenue and Forecast Analysis – by Plant Type

10.4.5 Asia Pacific: District Heating Market Breakdown, by Application

10.4.5.1 Asia Pacific: District Heating Market– Revenue and Forecast Analysis – by Application

10.4.6 Asia Pacific: District Heating Market – Revenue and Forecast Analysis – by Country

10.4.6.1 Asia Pacific: District Heating Market – Revenue and Forecast Analysis – by Country

10.4.6.2 China: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.4.6.2.1 China: District Heating Market Breakdown, by Heat Source

10.4.6.2.2 China: District Heating Market Breakdown, by Plant Type

10.4.6.2.3 China: District Heating Market Breakdown, by Application

10.4.6.3 Japan: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.4.6.3.1 Japan: District Heating Market Breakdown, by Heat Source

10.4.6.3.2 Japan: District Heating Market Breakdown, by Plant Type

10.4.6.3.3 Japan: District Heating Market Breakdown, by Application

10.4.6.4 South Korea: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.4.6.4.1 South Korea: District Heating Market Breakdown, by Heat Source

10.4.6.4.2 South Korea: District Heating Market Breakdown, by Plant Type

10.4.6.4.3 South Korea: District Heating Market Breakdown, by Application

10.4.6.5 India: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.4.6.5.1 India: District Heating Market Breakdown, by Heat Source

10.4.6.5.2 India: District Heating Market Breakdown, by Plant Type

10.4.6.5.3 India: District Heating Market Breakdown, by Application

10.4.6.6 Australia: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.4.6.6.1 Australia: District Heating Market Breakdown, by Heat Source

10.4.6.6.2 Australia: District Heating Market Breakdown, by Plant Type

10.4.6.6.3 Australia: District Heating Market Breakdown, by Application

10.4.6.7 Rest of APAC: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.4.6.7.1 Rest of APAC: District Heating Market Breakdown, by Heat Source

10.4.6.7.2 Rest of APAC: District Heating Market Breakdown, by Plant Type

10.4.6.7.3 Rest of APAC: District Heating Market Breakdown, by Application

10.5 Middle East and Africa

10.5.1 Middle East and Africa District Heating Market Overview

10.5.2 Middle East and Africa: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.5.3 Middle East and Africa: District Heating Market Breakdown, by Heat Source

10.5.3.1 Middle East and Africa: District Heating Market– Revenue and Forecast Analysis – by Heat Source

10.5.4 Middle East and Africa: District Heating Market Breakdown, by Plant Type

10.5.4.1 Middle East and Africa: District Heating Market– Revenue and Forecast Analysis – by Plant Type

10.5.5 Middle East and Africa: District Heating Market Breakdown, by Application

10.5.5.1 Middle East and Africa: District Heating Market– Revenue and Forecast Analysis – by Application

10.5.6 Middle East and Africa: District Heating Market – Revenue and Forecast Analysis – by Country

10.5.6.1 Middle East and Africa: District Heating Market – Revenue and Forecast Analysis – by Country

10.5.6.2 South Africa: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.5.6.2.1 South Africa: District Heating Market Breakdown, by Heat Source

10.5.6.2.2 South Africa: District Heating Market Breakdown, by Plant Type

10.5.6.2.3 South Africa: District Heating Market Breakdown, by Application

10.5.6.3 Saudi Arabia: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.5.6.3.1 Saudi Arabia: District Heating Market Breakdown, by Heat Source

10.5.6.3.2 Saudi Arabia: District Heating Market Breakdown, by Plant Type

10.5.6.3.3 Saudi Arabia: District Heating Market Breakdown, by Application

10.5.6.4 United Arab Emirates: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.5.6.4.1 United Arab Emirates: District Heating Market Breakdown, by Heat Source

10.5.6.4.2 United Arab Emirates: District Heating Market Breakdown, by Plant Type

10.5.6.4.3 United Arab Emirates: District Heating Market Breakdown, by Application

10.5.6.5 Rest of Middle East and Africa: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.5.6.5.1 Rest of Middle East and Africa: District Heating Market Breakdown, by Heat Source

10.5.6.5.2 Rest of Middle East and Africa: District Heating Market Breakdown, by Plant Type

10.5.6.5.3 Rest of Middle East and Africa: District Heating Market Breakdown, by Application

10.6 South and Central America

10.6.1 South and Central America District Heating Market Overview

10.6.2 South and Central America: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.6.3 South and Central America: District Heating Market Breakdown, by Heat Source

10.6.3.1 South and Central America: District Heating Market– Revenue and Forecast Analysis – by Heat Source

10.6.4 South and Central America: District Heating Market Breakdown, by Plant Type

10.6.4.1 South and Central America: District Heating Market– Revenue and Forecast Analysis – by Plant Type

10.6.5 South and Central America: District Heating Market Breakdown, by Application

10.6.5.1 South and Central America: District Heating Market– Revenue and Forecast Analysis – by Application

10.6.6 South and Central America: District Heating Market – Revenue and Forecast Analysis – by Country

10.6.6.1 South and Central America: District Heating Market – Revenue and Forecast Analysis – by Country

10.6.6.2 Brazil: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.6.6.2.1 Brazil: District Heating Market Breakdown, by Heat Source

10.6.6.2.2 Brazil: District Heating Market Breakdown, by Plant Type

10.6.6.2.3 Brazil: District Heating Market Breakdown, by Application

10.6.6.3 Argentina: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.6.6.3.1 Argentina: District Heating Market Breakdown, by Heat Source

10.6.6.3.2 Argentina: District Heating Market Breakdown, by Plant Type

10.6.6.3.3 Argentina: District Heating Market Breakdown, by Application

10.6.6.4 Rest of South and Central America: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

10.6.6.4.1 Rest of South and Central America: District Heating Market Breakdown, by Heat Source

10.6.6.4.2 Rest of South and Central America: District Heating Market Breakdown, by Plant Type

10.6.6.4.3 Rest of South and Central America: District Heating Market Breakdown, by Application

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players

11.2 Company Market Share Analysis, 2024

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 Product Development

12.4 Mergers & Acquisitions

13. Company Profiles

13.1 Danfoss AS

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Veolia

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Fortum Corp

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Engie SA

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 LOGSTOR Denmark Holding ApS

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Siemens AG

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Statkraft AS

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Vattenfall AB

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Shinryo Corporation

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Vital Energi Ltd

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

List of Tables

Table 1. District Heating Market Segmentation

Table 2. List of Vendors

Table 3. District Heating Market – Revenue, 2021- 2024 (US$ Million)

Table 4. District Heating Market – Revenue, 2025- 2031 (US$ Million)

Table 5. District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 6. District Heating Market – Revenue, 2025 - 2031(US$ Million) – by Heat Source

Table 7. District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 8. District Heating Market – Revenue, 2025 - 2031(US$ Million) – by Plant Type

Table 9. District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 10. District Heating Market – Revenue, 2025 - 2031(US$ Million) – by Application

Table 11. North America: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Heat Source

Table 12. North America: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 13. North America: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Plant Type

Table 14. North America: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 15. North America: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Application

Table 16. North America: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 17. North America: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Country

Table 18. North America: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Country

Table 19. United States: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 20. United States: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 21. United States: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 22. United States: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 23. United States: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 24. United States: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 25. Canada: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 26. Canada: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 27. Canada: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 28. Canada: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 29. Canada: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 30. Canada: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 31. Mexico: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 32. Mexico: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 33. Mexico: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 34. Mexico: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 35. Mexico: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 36. Mexico: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 37. Europe: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Heat Source

Table 38. Europe: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 39. Europe: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Plant Type

Table 40. Europe: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 41. Europe: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Application

Table 42. Europe: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 43. Europe: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Country

Table 44. Europe: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Country

Table 45. Germany: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 46. Germany: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 47. Germany: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 48. Germany: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 49. Germany: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 50. Germany: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 51. United Kingdom: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 52. United Kingdom: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 53. United Kingdom: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 54. United Kingdom: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 55. United Kingdom: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 56. United Kingdom: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 57. France: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 58. France: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 59. France: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 60. France: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 61. France: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 62. France: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 63. Italy: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 64. Italy: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 65. Italy: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 66. Italy: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 67. Italy: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 68. Italy: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 69. Russia: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 70. Russia: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 71. Russia: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 72. Russia: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 73. Russia: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 74. Russia: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 75. Rest of Europe: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 76. Rest of Europe: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 77. Rest of Europe: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 78. Rest of Europe: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 79. Rest of Europe: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 80. Rest of Europe: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 81. Asia Pacific: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Heat Source

Table 82. Asia Pacific: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 83. Asia Pacific: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Plant Type

Table 84. Asia Pacific: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 85. Asia Pacific: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Application

Table 86. Asia Pacific: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 87. Asia Pacific: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Country

Table 88. Asia Pacific: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Country

Table 89. China: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 90. China: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 91. China: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 92. China: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 93. China: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 94. China: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 95. Japan: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 96. Japan: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 97. Japan: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 98. Japan: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 99. Japan: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 100. Japan: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 101. South Korea: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 102. South Korea: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 103. South Korea: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 104. South Korea: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 105. South Korea: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 106. South Korea: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 107. India: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 108. India: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 109. India: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 110. India: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 111. India: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 112. India: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 113. Australia: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 114. Australia: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 115. Australia: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 116. Australia: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 117. Australia: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 118. Australia: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 119. Rest of APAC: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 120. Rest of APAC: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 121. Rest of APAC: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 122. Rest of APAC: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 123. Rest of APAC: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 124. Rest of APAC: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 125. Middle East and Africa: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Heat Source

Table 126. Middle East and Africa: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 127. Middle East and Africa: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Plant Type

Table 128. Middle East and Africa: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 129. Middle East and Africa: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Application

Table 130. Middle East and Africa: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 131. Middle East and Africa: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Country

Table 132. Middle East and Africa: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Country

Table 133. South Africa: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 134. South Africa: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 135. South Africa: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 136. South Africa: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 137. South Africa: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 138. South Africa: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 139. Saudi Arabia: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 140. Saudi Arabia: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 141. Saudi Arabia: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 142. Saudi Arabia: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 143. Saudi Arabia: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 144. Saudi Arabia: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 145. United Arab Emirates: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 146. United Arab Emirates: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 147. United Arab Emirates: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 148. United Arab Emirates: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 149. United Arab Emirates: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 150. United Arab Emirates: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 151. Rest of Middle East and Africa: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 152. Rest of Middle East and Africa: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 153. Rest of Middle East and Africa: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 154. Rest of Middle East and Africa: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 155. Rest of Middle East and Africa: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 156. Rest of Middle East and Africa: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 157. South and Central America: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Heat Source

Table 158. South and Central America: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 159. South and Central America: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Plant Type

Table 160. South and Central America: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 161. South and Central America: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Application

Table 162. South and Central America: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 163. South and Central America: District Heating Market – Revenue, 2021 - 2024 (US$ Million) – by Country

Table 164. South and Central America: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Country

Table 165. Brazil: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 166. Brazil: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 167. Brazil: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 168. Brazil: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 169. Brazil: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 170. Brazil: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 171. Argentina: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 172. Argentina: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 173. Argentina: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 174. Argentina: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 175. Argentina: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 176. Argentina: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 177. Rest of South and Central America: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Heat Source

Table 178. Rest of South and Central America: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Heat Source

Table 179. Rest of South and Central America: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Plant Type

Table 180. Rest of South and Central America: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Plant Type

Table 181. Rest of South and Central America: District Heating Market – Revenue, 2021 -2024(US$ Million) – by Application

Table 182. Rest of South and Central America: District Heating Market – Revenue, 2025 - 2031 (US$ Million) – by Application

Table 183. Heat Map Analysis by Key Players

List of Figures

Figure 1. District Heating Market Segmentation, by Geography

Figure 2. PEST Analysis

Figure 3. Impact Analysis of Drivers and Restraints

Figure 4. District Heating Market Revenue (US$ Million), 2021–2031

Figure 5. District Heating Market Share (%) – by Heat Source (2024 and 2031)

Figure 6. Coal: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

Figure 7. Natural Gas: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

Figure 8. Oil and Petroleum Products: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

Figure 9. Others: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

Figure 10. District Heating Market Share (%) – by Plant Type (2024 and 2031)

Figure 11. Boiler: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

Figure 12. Combined Heat and Power: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

Figure 13. Others: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

Figure 14. District Heating Market Share (%) – by Application (2024 and 2031)

Figure 15. Residential: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

Figure 16. Commercial: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

Figure 17. Industrial: District Heating Market – Revenue and Forecast to 2031 (US$ Million)

Figure 18. District Heating Market Breakdown by Region, 2024 and 2031 (%)

Figure 19. North America: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 20. North America: District Heating Market Breakdown, by Heat Source (2024 and 2031)

Figure 21. North America: District Heating Market Breakdown, by Plant Type (2024 and 2031)

Figure 22. North America: District Heating Market Breakdown, by Application (2024 and 2031)

Figure 23. North America: District Heating Market Breakdown, by Key Countries, 2024 and 2031 (%)

Figure 24. United States: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 25. Canada: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 26. Mexico: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 27. Europe: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 28. Europe: District Heating Market Breakdown, by Heat Source (2024 and 2031)

Figure 29. Europe: District Heating Market Breakdown, by Plant Type (2024 and 2031)

Figure 30. Europe: District Heating Market Breakdown, by Application (2024 and 2031)

Figure 31. Europe: District Heating Market Breakdown by Key Countries, 2024 and 2031 (%)

Figure 32. Germany: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 33. United Kingdom: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 34. France: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 35. Italy: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 36. Russia: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 37. Rest of Europe: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 38. Asia Pacific: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 39. Asia Pacific: District Heating Market Breakdown, by Heat Source (2024 and 2031)

Figure 40. Asia Pacific: District Heating Market Breakdown, by Plant Type (2024 and 2031)

Figure 41. Asia Pacific: District Heating Market Breakdown, by Application (2024 and 2031)

Figure 42. Asia Pacific: District Heating Market Breakdown, by Key Countries, 2024 and 2031 (%)

Figure 43. China: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 44. Japan: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 45. South Korea: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 46. India: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 47. Australia: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 48. Rest of APAC: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 49. Middle East and Africa: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 50. Middle East and Africa: District Heating Market Breakdown, by Heat Source (2024 and 2031)

Figure 51. Middle East and Africa: District Heating Market Breakdown, by Plant Type (2024 and 2031)

Figure 52. Middle East and Africa: District Heating Market Breakdown, by Application (2024 and 2031)

Figure 53. Middle East and Africa: District Heating Market Breakdown, by Key Countries, 2024 and 2031 (%)

Figure 54. South Africa: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 55. Saudi Arabia: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 56. United Arab Emirates: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 57. Rest of Middle East and Africa: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 58. South and Central America: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 59. South and Central America: District Heating Market Breakdown, by Heat Source (2024 and 2031)

Figure 60. South and Central America: District Heating Market Breakdown, by Plant Type (2024 and 2031)

Figure 61. South and Central America: District Heating Market Breakdown, by Application (2024 and 2031)

Figure 62. South and Central America: District Heating Market Breakdown, by Key Countries, 2024 and 2031 (%)

Figure 63. Brazil: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 64. Argentina: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 65. Rest of South and Central America: District Heating Market – Revenue, 2021 - 2031 (US$ Million)

Figure 66. Company Market Share Analysis, 2024

The List of Companies - District Heating Market

  • Danfoss AS
  • Veolia
  • Fortum Corp
  • Engie SA
  • LOGSTOR Denmark Holding ApS
  • Siemens AG
  • Statkraft AS
  • Vattenfall AB
  • Shinryo Corporation
  • Vital Energi Ltd

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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