The North America District Heating Market would witness market growth of 5.4% CAGR during the forecast period (2022-2028).
District heating (also known as heat networks or teleheating) is a technique for distributing heat generated in a central place through a network of insulated pipes for residential and commercial space heating and water heating needs. The heat is often derived from a cogeneration plant that burns fossil fuels or biomass, however heat-only boiler stations, geothermal heating, heat pumps, central solar heating, and heat waste from manufacturing and nuclear power electricity generation are also utilized.
District heating facilities are more efficient and provide superior pollution control than local boilers. District heating with combined heat and power (CHPDH) is the most cost-effective option for reducing carbon emissions and has one of the smallest carbon footprints among fossil power facilities.
Fifth-generation district heat networks do not use on-site combustion and have zero CO2 and NO2 emissions; they employ heat transmission utilizing electricity, which may be supplied from renewable energy or remote fossil-fueled power plants. The Stockholm multi-energy system employs a combination of CHP and centralized heat pumps. This enables the creation of heat via electricity when intermittent power production is abundant, and the cogeneration of electric power and district heating when intermittent power production is scarce.
With 25 GW in the industrial sector, 2 GW in the commercial sector, and 43 GW in the electric power sector, the United States combined heat and power (CHP) producing capacity by the end of 2011 was close to 70 gigawatts (GW), or almost 7% of the country's total capacity. In 2011, the generators of industrial CHP plants ran at maximum capacity an average of 57% of the time, or 57% capacity factor. Combined heat and power plants are commonly established in tandem with enterprises that demand heat or steam.
The US market dominated the North America District Heating Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $32,766.8 million by 2028. The Canada market is poised to grow at a CAGR of 7.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 6.9% during (2022 - 2028).
Based on Application, the market is segmented into Residential, Commercial and Industrial. Based on Plant Type, the market is segmented into Combined Heat & Power, Boiler Plants and Others. Based on Heat Source, the market is segmented into Natural Gas, Coal, Oil & Petroleum Products, Renewables and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global District Heating Market is Estimated to reach $231.3 Billion by 2028, at a CAGR of 6.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fortum Corporation, Vattenfall AB, ENGIE, The Danfoss Group, Statkraft AS, LOGSTOR Denmark Holding ApS (Kingspan Group PLC), Vital Energi Ltd., Alfa Laval AB, SHINRYO CORPORATION, and NRG Energy, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Residential
- Commercial
- Industrial
By Plant Type
- Combined Heat & Power
- Boiler Plants
- Defense
- Others
By Heat Source
- Natural Gas
- Coal
- Oil & Petroleum Products
- Renewables
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Fortum Corporation
- Vattenfall AB
- ENGIE
- The Danfoss Group
- Statkraft AS
- LOGSTOR Denmark Holding ApS (Kingspan Group PLC)
- Vital Energi Ltd.
- Alfa Laval AB
- SHINRYO CORPORATION
- NRG Energy, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America District Heating Market, by Application
1.4.2 North America District Heating Market, by Plant Type
1.4.3 North America District Heating Market, by Heat Source
1.4.4 North America District Heating Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Acquisition and Mergers
3.2.3 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2018, Dec – 2022, Mar) Leading Players
Chapter 4. North America District Heating Market by Application
4.1 North America Residential Market by Country
4.2 North America Commercial Market by Country
4.3 North America Industrial Market by Country
Chapter 5. North America District Heating Market by Plant Type
5.1 North America Combined Heat & Power Market by Country
5.2 North America Boiler Plants Market by Country
5.3 North America Others Market by Country
Chapter 6. North America District Heating Market by Heat Source
6.1 North America Natural Gas Market by Country
6.2 North America Coal Market by Country
6.3 North America Oil & Petroleum Products Market by Country
6.4 North America Renewables Market by Country
6.5 North America Others Market by Country
Chapter 7. North America District Heating Market by Country
7.1 US District Heating Market
7.1.1 US District Heating Market by Application
7.1.2 US District Heating Market by Plant Type
7.1.3 US District Heating Market by Heat Source
7.2 Canada District Heating Market
7.2.1 Canada District Heating Market by Application
7.2.2 Canada District Heating Market by Plant Type
7.2.3 Canada District Heating Market by Heat Source
7.3 Mexico District Heating Market
7.3.1 Mexico District Heating Market by Application
7.3.2 Mexico District Heating Market by Plant Type
7.3.3 Mexico District Heating Market by Heat Source
7.4 Rest of North America District Heating Market
7.4.1 Rest of North America District Heating Market by Application
7.4.2 Rest of North America District Heating Market by Plant Type
7.4.3 Rest of North America District Heating Market by Heat Source
Chapter 8. Company Profiles
8.1 The Danfoss Group
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Acquisition and Mergers:
8.2 Fortum Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition, Mergers and Joint Ventures:
8.3 Vattenfall AB
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Geographical Expansions:
8.4 ENGIE
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.5 Statkraft AS
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.6 LOGSTOR Denmark Holding ApS (Kingspan Group PLC)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.7 SHINRYO CORPORATION
8.7.1 Company Overview
8.7.2 Financial Analysis
8.8 NRG Energy, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.9 Alfa Laval AB
8.9.1 Company Overview
8.10. Vital Energi Ltd.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America District Heating Market, 2018 - 2021, USD Million
TABLE 2 North America District Heating Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– District Heating Market
TABLE 4 Acquisition and Mergers– District Heating Market
TABLE 5 Geographical Expansions – District Heating Market
TABLE 6 North America District Heating Market by Application, 2018 - 2021, USD Million
TABLE 7 North America District Heating Market by Application, 2022 - 2028, USD Million
TABLE 8 North America Residential Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Residential Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Commercial Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Commercial Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Industrial Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Industrial Market by Country, 2022 - 2028, USD Million
TABLE 14 North America District Heating Market by Plant Type, 2018 - 2021, USD Million
TABLE 15 North America District Heating Market by Plant Type, 2022 - 2028, USD Million
TABLE 16 North America Combined Heat & Power Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Combined Heat & Power Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Boiler Plants Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Boiler Plants Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 22 North America District Heating Market by Heat Source, 2018 - 2021, USD Million
TABLE 23 North America District Heating Market by Heat Source, 2022 - 2028, USD Million
TABLE 24 North America Natural Gas Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Natural Gas Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Coal Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Coal Market by Country, 2022 - 2028, USD Million
TABLE 28 North America Oil & Petroleum Products Market by Country, 2018 - 2021, USD Million
TABLE 29 North America Oil & Petroleum Products Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Renewables Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Renewables Market by Country, 2022 - 2028, USD Million
TABLE 32 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 34 North America District Heating Market by Country, 2018 - 2021, USD Million
TABLE 35 North America District Heating Market by Country, 2022 - 2028, USD Million
TABLE 36 US District Heating Market, 2018 - 2021, USD Million
TABLE 37 US District Heating Market, 2022 - 2028, USD Million
TABLE 38 US District Heating Market by Application, 2018 - 2021, USD Million
TABLE 39 US District Heating Market by Application, 2022 - 2028, USD Million
TABLE 40 US District Heating Market by Plant Type, 2018 - 2021, USD Million
TABLE 41 US District Heating Market by Plant Type, 2022 - 2028, USD Million
TABLE 42 US District Heating Market by Heat Source, 2018 - 2021, USD Million
TABLE 43 US District Heating Market by Heat Source, 2022 - 2028, USD Million
TABLE 44 Canada District Heating Market, 2018 - 2021, USD Million
TABLE 45 Canada District Heating Market, 2022 - 2028, USD Million
TABLE 46 Canada District Heating Market by Application, 2018 - 2021, USD Million
TABLE 47 Canada District Heating Market by Application, 2022 - 2028, USD Million
TABLE 48 Canada District Heating Market by Plant Type, 2018 - 2021, USD Million
TABLE 49 Canada District Heating Market by Plant Type, 2022 - 2028, USD Million
TABLE 50 Canada District Heating Market by Heat Source, 2018 - 2021, USD Million
TABLE 51 Canada District Heating Market by Heat Source, 2022 - 2028, USD Million
TABLE 52 Mexico District Heating Market, 2018 - 2021, USD Million
TABLE 53 Mexico District Heating Market, 2022 - 2028, USD Million
TABLE 54 Mexico District Heating Market by Application, 2018 - 2021, USD Million
TABLE 55 Mexico District Heating Market by Application, 2022 - 2028, USD Million
TABLE 56 Mexico District Heating Market by Plant Type, 2018 - 2021, USD Million
TABLE 57 Mexico District Heating Market by Plant Type, 2022 - 2028, USD Million
TABLE 58 Mexico District Heating Market by Heat Source, 2018 - 2021, USD Million
TABLE 59 Mexico District Heating Market by Heat Source, 2022 - 2028, USD Million
TABLE 60 Rest of North America District Heating Market, 2018 - 2021, USD Million
TABLE 61 Rest of North America District Heating Market, 2022 - 2028, USD Million
TABLE 62 Rest of North America District Heating Market by Application, 2018 - 2021, USD Million
TABLE 63 Rest of North America District Heating Market by Application, 2022 - 2028, USD Million
TABLE 64 Rest of North America District Heating Market by Plant Type, 2018 - 2021, USD Million
TABLE 65 Rest of North America District Heating Market by Plant Type, 2022 - 2028, USD Million
TABLE 66 Rest of North America District Heating Market by Heat Source, 2018 - 2021, USD Million
TABLE 67 Rest of North America District Heating Market by Heat Source, 2022 - 2028, USD Million
TABLE 68 Key Information – The Danfoss Group
TABLE 69 Key Information – Fortum Corporation
TABLE 70 Key Information – Vattenfall AB
TABLE 71 Key Information – ENGIE
TABLE 72 Key Information – Statkraft AS
TABLE 73 Key Information – LOGSTOR Denmark Holding ApS
TABLE 74 Key Information – SHINRYO CORPORATION
TABLE 75 Key Information – nrg energy, inc.
TABLE 76 Key Information – ALFA laval Ab
TABLE 77 Key Information – vital energi ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2018, Dec – 2022, Mar) Leading Players
FIG 5 Recent strategies and developments: The Danfoss Group
FIG 6 Recent strategies and developments: Fortum corporation
FIG 7 Recent strategies and developments: Vattenfall AB