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    Europe District Heating & Cooling Market Growth By Energy Source (District Heating {Geothermal, CHP, Solar, Heat only Boilers}, District Cooling {Absorption Cooling, Free Cooling, Heat Pumps, Electric Chillers}), Application (Commercial, Residential, Industrial), Regional Outlook (Germany, Poland, Sweden, Italy, France, Russia, Finland, Austria), Industry Size, Share, Growth Trends & Forecast, 2018 – 2024
    Published Date: March 2019   |   Report ID: GR1150   |   Delivery: PDF  Request Free Sample

    Europe District Heating & Cooling Market is predicted to exceed USD 150 billion by 2024. Rapid climatic change owing to global warming coupled with stringent environmental regulations to curtail carbon emissions will foster the industry growth. Introduction of numerous government mandates and norms toward the development of sustainable building standards & codes along with the ongoing adoption of energy efficient technologies will further stimulate the market. For instance, in 2015, U.S. Environmental Protection Agency proposed the standards pertaining to pollution in the Clean Air Act (CAA) to monitor and curb the carbon emissions across the nation.

    Rapid industrialization and urbanization across the emerging economies on the account of demographic changes, improved standard of living and rising disposable incomes will drive the market size. Flexibility of fuel options, technological advancement and stringent energy efficiency mandates are the essential parameters which will drive the industry growth. In addition, declining sale and import of conventional cooling technologies coupled with green building revolution across the developed nations will positively influence the business landscape.

    CHP energy source is anticipated to grow on account of its simplified installation, low CO2 emissions and integration of thermal & power generation. Improved product capabilities and higher operational efficiencies along with the increasing demand for captive power generation will boost the market growth. Furthermore, favorable government incentives including feed in tariff (FIT), financial assistance and tax rebates will complement the product demand.

    Shifting trend toward the sustainable energy technologies along with the introduction of the stringent regulatory norms pertaining to the conventional cooling & heating systems and building emissions will augment the residential district heating & cooling market. In addition, the rising demand of the small-scale district heating & cooling technology across Tier-II & Tier-III cities will encourage the industry growth.

    Germany district heating & cooling market in 2017, was valued over USD 14 billion. Growing demand for DHC systems from commercial & residential sector along with the stringent regulatory mandates pertaining to decarbonization of buildings will stimulate the business growth. In addition, torrid climatic conditions coupled with increasing adoption of energy efficient solutions will positively impact the industry landscape. For instance, in June 2017, Vattenfall proposed an investment worth USD 116.87 million pertaining to the development of power to heat assets and heat only gas boilers in Berlin.

    Key industry players catering across the market comprises of Ramboll, Cetetherm, Fortum, Vattenfall, Goteborg Energi, Siemens, Engie, Logstor, Veolia, Wien Energi, Helen and, Alfa Laval.

    Segments we cover:

     Market Statistics (By Energy Source)

    District Heating

    • Geothermal
    • CHP
    • Solar
    • Heat only Boilers

    District Cooling

    • Absorption Cooling
    • Free Cooling
    • Heat Pumps
    • Electric Chillers
     Market Trends (By Application)
    • Commercial
    • Residential
    • Industrial

    The above information is provided for the following countries:

    • Germany
    • Poland
    • Sweden
    • Italy
    • France
    • Russia
    • Finland
    • Austria


    Frequently Asked Question(FAQ) :

    At What Value is Europe District Heating & Cooling Market predicted to reach by 2024?
    Europe District Heating & Cooling Market is predicted to exceed USD 150 billion by 2024.
    Which factors drive the Europe District Heating & Cooling Market size?
    Rapid industrialization and urbanization across the emerging economies on the account of demographic changes, improved standard of living and rising disposable incomes will drive the market size.
    Which are the Key industry players catering across the market?
    Key industry players catering across the market comprises of Ramboll, Cetetherm, Fortum, Vattenfall, Goteborg Energi, Siemens, Engie, Logstor, Veolia, Wien Energi, Helen and, Alfa Laval.

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