District Heating & Cooling Market with Geographic Segmentation, Statistical Forecast and Competitive Landscape Report

District Heating & Cooling Market with Geographic Segmentation, Statistical Forecast and Competitive Landscape Report

How will increasing demand for thermal energy drive district heating & cooling market?
 

Stringent environmental norms owing to increasing GHG emissions complemented by growing adoption of sustainable solutions are driving district heating & cooling market size. Growing awareness about the health hazards caused by deteriorating air quality is expected to provide long term support for district heating & cooling market outlook. Several economies are planning for strictly regulating the release of hazardous pollutants, which will in turn fuel the market trends.  For instance, according to the Clean Air Act, U.S. EPA controls the release of hazardous pollutants such CO2, NOX and SO2.
 

The regions affected by global warming are anticipated to encourage the product adoption further fostering district heating & cooling industry share. The supportive climatic conditions created by global warming has been resulting in the increase of surface temperature across several regions of the globe, which may fuel the product demand over the forecast timeframe. For instance, the Middle East has been experiencing sharp rise in temperatures owing to the prevailing issue of global warming. Global district heating & cooling market is very likely to accumulate over USD 400 billion by 2024.
 

Furthermore, the growing investments toward the development of residential and commercial establishments across both the developed and emerging economies will propel district heating & cooling market growth. The product benefits such as lower thermal losses, flexible fuel options, higher operational efficiency coupled with the ongoing R&Ds to enhance product aspects are projected to stimulate the district heating & cooling industry trends over 2019-2025.
 

Request sample copy of this report @ https://www.decresearch.com/request-sample/detail/2877
 

How will rising demand for thermal energy drive the China district heating & cooling market growth?
 

Robust growth of Chinese economy is majorly influenced by the ongoing proliferation of industrial sector. Surging number of manufacturing units has led to rising demand for thermal energy in the region. In addition, escalating urbanization in the presence of rising per capita income has been fueling the product penetration across the residential sector.
 

Growing investments towards modernizing or upgrading the existing sustainable heating infrastructure will positively support the regional industry outlook. For instance, in 2016, the World Bank approved a loan of USD 100 million for refurbishment of sustainable heating infrastructure across the province of Hebai. Rapid urbanization complemented by robust industrialization will augment China district heating & cooling market share over the forecast timeline.
 

What will augment the commercial district heating & cooling market share?
 

Commercial district heating & cooling market is anticipated to witness substantial gains on account of growing adoption of sustainable building protocols imposed by the regulatory bodies. Thus, increasing investments toward building new establishments will foster the product demand.
 

Make Inquiry about this report @ https://www.decresearch.com/inquiry-before-buying/2877
 

In addition, technological advancements in the combined heat and power (CHP) systems to enhance energy sustainability and reduce heat losses will further augment the commercial district heating & cooling market share.
 

Which factors will accelerate the solar district heating & cooling market demand?
 

Solar district heating & cooling solutions offer unmatched benefits of easy installation, low operation cost along with better environmental performance and financial feasibility, which are likely to accelerate the solar district heating & cooling market trends. The European Commission proposes to deploy SDH systems across Germany, Denmark, Czech Republic, and Italy; for which it further aims to increase the capacity by adding approx. 8 GWth by 2020.