District Heating Market
District Heating Market Size And Forecast
According to Verified Market Research, Global District Heating Market was valued at USD 168.75 Billion in 2018 and is projected to reach USD 230.35 Billion by 2026, growing at a CAGR of 3.95% from 2019 to 2026.
Global District Heating Market Outlook
This is an eco-friendly method of producing heat coupled with the cost efficiency of the system is fueling the growth of the market. Increasing an environmental concern coupled with the use of renewable energy for power generation is likely to boost the demand for the market to grow over the forecast period. However, the high initial investment for the building of proper infrastructure is likely to hinder the growth of the market. The compatibility of district heating with renewable energy sources is an opportunity for the market to grow over the forecast
Global District Heating Market Competitive Landscape
The Global District Heating Market study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Fortum, Vattenfall, Engie, Danfoss, NRG Energy, Statkraft, Shinryo Corporation, Logstor, Vital Energi, and Kelag.
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