From GlobeNewswire: 2025-05-08 10:04:00

The global District Heating Market is seeing significant growth due to increased demand from the energy industry. Cities are adopting centralized heat distribution for residential, commercial, and industrial buildings through insulated pipes to meet urbanization and environmental regulations. Europe leads the market, with Asia-Pacific showing high growth potential.

In 2024, the District Heating Market was valued at US$ 214.01 billion and is projected to reach US$ 298.73 billion by 2031, with a CAGR of 4.6%. The demand for energy is rising globally, with a focus on renewable sources and waste heat recovery. District heating solutions are popular in urban areas due to their scalability and energy efficiency.

The focus on achieving net-zero emissions is driving the adoption of district heating systems to reduce carbon emissions. Combined heat and power engines are key to decarbonization by utilizing renewable heat sources. Countries like China, the EU, the US, and India are leading the charge towards sustainability, promoting the adoption of district heating systems.

The installation of heat pumps in district heating networks is on the rise, reducing reliance on fossil fuels and promoting renewable energy sources. Europe, especially Germany, is leading the way in heat pump projects to support decarbonization efforts. This trend is contributing to the growth of the District Heating Market.

Europe dominated the District Heating Market in 2024, followed by Asia Pacific and North America. Asia Pacific is expected to have the highest CAGR in the coming years. Major players in the market include Danfoss AS, Veolia, Fortum Corp, and Siemens AG. The market is segmented based on heat source, plant type, and application.

Rising energy demand, heat pump installations, and a focus on net-zero emissions are driving the global District Heating Market. Smart city projects and expanding heating networks present growth opportunities. Research and development, waste heat utilization, and 5GDHC networks are expected to shape the market’s future. Stakeholders can leverage insights from The Insight Partners’ report to navigate market changes.

For more information on the latest District Heating Market trends, visit The Insight Partners’ website. Recent headlines include Danfoss acquiring ENFOR’s district energy software and Siemens Energy building a heat pump plant in Germany. Stay informed with the latest market updates and reports from The Insight Partners.

For a premium copy of the Global District Heating Market report (2025-2031), visit The Insight Partners’ website. Contact them directly for any queries or further information about the report. The Insight Partners specializes in providing actionable intelligence for various industries, including Semiconductor, Healthcare, and Technology. Contact Ankit Mathur at [email protected] or +1-646-491-9876 for more details.



Read more at GlobeNewswire: District Heating Market Size Projected to Surge $ 298.73