PUBLISHER: Grand View Research | PRODUCT CODE: 1751441
PUBLISHER: Grand View Research | PRODUCT CODE: 1751441
The global district heating market size was estimated at USD 197.5 billion in 2024 and is projected to grow at a CAGR of 5.3% from 2025 to 2030. A significant factor driving the industry is the increasing focus on energy efficiency and sustainability.
District heating systems offer efficiency gains compared to individual heating systems by utilizing waste heat from industrial processes, power generation, or renewable sources such as biomass and geothermal energy. This efficient use of heat resources not only reduces overall energy consumption but also lowers greenhouse gas emissions, aligning with global climate goals.
Another driver is urbanization and the densification of cities. As urban populations grow and cities expand vertically, the demand for heating in densely populated areas intensifies. District heating systems are particularly well-suited for these environments due to their ability to serve a large number of buildings efficiently from a centralized location. This scalability makes them an attractive solution for urban planners seeking sustainable and cost-effective heating options.
Global District Heating Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global district heating market report based on heat source, application, plant type, and region: