Edit Content

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global District Heating Market to reach USD XX billion by the end of 2030.

Global District Heating Market Size study & Forecast, by Heat Source (Coal, Natural Gas, Renewable, Oil & Petroleum Products, Others), by Plant Type (Boiler, CHP, Others), by Application (Residential, Commercial, Industrial) and Regional Analysis, 2023-2030

Product Code: OIRIME-45371302
Publish Date: 20-02-2024
Page: 200

Global District Heating Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% during the forecast period 2023-2030. District heating is a centralized system for heating residential, commercial, and industrial buildings. Instead of each building having its heating system, district heating involves the production and distribution of heat from a central facility to multiple buildings through a network of insulated pipes. This system is designed to provide efficient and cost-effective heating solutions, especially in densely populated urban areas. The key factors driving the market growth are the growing demand for energy-efficient and cost-effective heating systems, increased use of renewable sources to run district heating systems, and growing rapid urbanization and industrialization that are anticipated to support the market growth during the projected period 2023-2030.

Additionally, increasing urbanization and higher population density in cities create a demand for efficient and centralized heating solutions. District heating is well-suited for densely populated areas where the concentration of buildings allows for cost-effective distribution of heat. According to The World Bank, in 2020, approximately 4.38 billion people that are around 55% of the world’s population were living in urban areas. In addition, it is predicted that by 2045, around 6 million people are living in cities, an increase of 1.5 times annually. Moreover, increasing focus on waste heat recovery for district heating, and integration of multiple energy sources in heat generation are anticipated to create lucrative opportunities for the market over the projected period. However, the need for high initial investment, and time-consuming and complex regulatory approval processes stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global District Heating Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the urbanization and densely populated areas, government support & regulations, growing focus on sustainable and renewable energy sources, such as biomass, geothermal, solar, which aligns with the goals of district heating systems. Whereas, the Asia Pacific is expected to grow at highest growth rate over the forecast period, owing to factors such as the growing rapid urbanization and population growth, rising awareness of environmental issues and the need for sustainable energy solutions, and integration of renewable energy sources, such as solar, geothermal, and biomass, into district heating systems is gaining attention.

Major market player included in this report are:
Danfoss Group (Denmark)
Ramboll (Denmark)
Dall Energy (Denmark)
Veolia (France)
Helen (Finland)
Alfa Level (Sweden)
GE (U.S.)
Statkraft (Norway)
Uniper (Germany)
ENGIE (France)

Recent Developments in the Market:
Ø March 2021 – Kvitebjørn Varme AS has entered into a multi-year agreement with SWEP. Within the framework of this contract, SWEP will supply Energy Transfer Stations (ETS) to support the growth of District Heating (DH) as part of Norway’s energy infrastructure.

Global District Heating Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Heat Source, Plant Type, Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Heat Source:
Natural Gas
Oil & Petroleum Products
By Plant Type:
By Application:
By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. District Heating Market, by Region, 2020-2030 (USD Billion)
1.2.2. District Heating Market, by Heat Source, 2020-2030 (USD Billion)
1.2.3. District Heating Market, by Plant Type, 2020-2030 (USD Billion)
1.2.4. District Heating Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global District Heating Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global District Heating Market Dynamics
3.1. District Heating Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Growing demand for energy-efficient and cost-effective heating systems Increased use of renewable sources to run district heating systems Growing rapid urbanization and industrialization
3.1.2. Market Challenges Need for high initial investment Time-consuming and complex regulatory approval processes
3.1.3. Market Opportunities Increasing focus on waste heat recovery for district heating Integration of multiple energy sources in heat generation
Chapter 4. Global District Heating Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global District Heating Market, by Heat Source
5.1. Market Snapshot
5.2. Global District Heating Market by Heat Source, Performance – Potential Analysis
5.3. Global District Heating Market Estimates & Forecasts by Heat Source 2020-2030 (USD Billion)
5.4. District Heating Market, Sub Segment Analysis
5.4.1. Coal
5.4.2. Natural Gas
5.4.3. Renewable
5.4.4. Oil & Petroleum Products
5.4.5. Others
Chapter 6. Global District Heating Market, by Plant Type
6.1. Market Snapshot
6.2. Global District Heating Market by Plant Type, Performance – Potential Analysis
6.3. Global District Heating Market Estimates & Forecasts by Plant Type 2020-2030 (USD Billion)
6.4. District Heating Market, Sub Segment Analysis
6.4.1. Boiler
6.4.2. CHP
6.4.3. Others
Chapter 7. Global District Heating Market, by Application
7.1. Market Snapshot
7.2. Global District Heating Market by Application, Performance – Potential Analysis
7.3. Global District Heating Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
7.4. District Heating Market, Sub Segment Analysis
7.4.1. Residential
7.4.2. Commercial
7.4.3. Industrial
Chapter 8. Global District Heating Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. District Heating Market, Regional Market Snapshot
8.4. North America District Heating Market
8.4.1. U.S. District Heating Market Heat Source breakdown estimates & forecasts, 2020-2030 Plant Type breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030
8.4.2. Canada District Heating Market
8.5. Europe District Heating Market Snapshot
8.5.1. U.K. District Heating Market
8.5.2. Germany District Heating Market
8.5.3. France District Heating Market
8.5.4. Spain District Heating Market
8.5.5. Italy District Heating Market
8.5.6. Rest of Europe District Heating Market
8.6. Asia-Pacific District Heating Market Snapshot
8.6.1. China District Heating Market
8.6.2. India District Heating Market
8.6.3. Japan District Heating Market
8.6.4. Australia District Heating Market
8.6.5. South Korea District Heating Market
8.6.6. Rest of Asia Pacific District Heating Market
8.7. Latin America District Heating Market Snapshot
8.7.1. Brazil District Heating Market
8.7.2. Mexico District Heating Market
8.8. Middle East & Africa District Heating Market
8.8.1. Saudi Arabia District Heating Market
8.8.2. South Africa District Heating Market
8.8.3. Rest of Middle East & Africa District Heating Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Danfoss Group (Denmark) Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.3.2. Ramboll (Denmark)
9.3.3. Dall Energy (Denmark)
9.3.4. Veolia (France)
9.3.5. Helen (Finland)
9.3.6. Alfa Level (Sweden)
9.3.7. GE (U.S.)
9.3.8. Statkraft (Norway)
9.3.9. Uniper (Germany)
9.3.10. ENGIE (France)
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now