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Solar District Heating Market is expected to grow at 8% CAGR by 2025

Author : Rahul Sankrityayan | Published Date : 2019-10-24 

The Solar District Heating Market Report renders deep perception of the key regional market status of the Solar District Heating Market on a global level that primarily aims the core regions which comprises of continents like Europe, North America, and Asia and the key countries such as United States, Germany, China and Japan.Solar district heating market forecast is expected to depict a major rise owing to increased urbanization along with population growth and continuously increasing heating demand across the world. District heating is one of the most vital concepts that helps in improving the overall energy efficiency of a community and allows incorporating a higher proportion of renewable heat. With the constantly rising energy prices and increasing expectations of comfort and indoor climate control, solar district heating industry outlook is poised to witness robust growth over the next few years.

With the majority of technological advancements and investments in the developing smart and energy-efficiency cities, the demand for district heating and cooling systems will rise considerably. Investment in renewable energy is rapidly expanding across the world to tackling global warming. Favorable government policies along with strategic mergers and acquisitions to expand production capacities will be profitable for utilities looking to accelerate solar power adoption. According to Global Market Insights, Inc., solar district heating market size is expected to surpass USD 7 Billion by 2025.

Get a Sample Copy of this Report:@ https://www.gminsights.com/request-sample/detail/3512

It has been observed that buildings consume a vast amount of conventional energy and substantially contribute towards fossil fuels emissions, coercing many countries to plan for introducing policies for minimizing the consumption, by transitioning buildings into more energy efficient structures. Governments are playing a major role by implementing stringent regulations to focus on integrating renewables into existing energy systems. Enumerated below are certain trends outlining the prospects for global solar district heating industry share.

Prominent reports suggest that global residential solar district heating market is likely to reach a valuation of USD 3 billion by 2025. In August 2019, Savosolar has reportedly signed an agreement with a French based company Kyotherm Solar to deliver a solar heating system in Issoudun France. Savosolar will provide the largest part of the solar thermal plant and the construction and system delivery will begin during autumn 2019, with handover projected to start around spring 2020. Similar developments and increasing R&D activities help in utilizing solar energy more efficiently, propelling solar district heating market size.

The government of Japan is accelerating efforts by massively spending on green innovations and promoting private and public partnerships to make the public aware about environmental preservation and economic development, augmenting opportunities for solar district heating industry. In 2018, Daiwa House in Japan had commenced its first energy self sufficient office, the first in Japan to use renewable energy and conduct verification testing and experiments for energy efficiency. Introduction of similar commercial buildings will foster possibilities for renewable-based heating and cooling.

In August 2019, Statkraft, a Norwegian state-owned hydropower company had acquired Airvolution Clean Energy, an onshore wind developer, for holding a 1.2GW renewables portfolio in the UK by 2025. The agreement has been made with the aim of deploying 600MW of solar power and onshore wind in the UK. With the initiation of these strategic agreements along with various government aided schemes, district heating and cooling systems can enjoy reliable sources of energy.

Partial Table of Contents (ToC) of the report:

Chapter 4 Solar District Heating Market, By Systems

4.1 Solar district heating market share by systems, 2018 & 2025

4.2 Small systems

4.2.1 Global market from small systems, 2014 – 2025

4.2.2 Global market from small systems, by region, 2014 - 2025

4.2.3 Residential

4.2.3.1 Global market from residential, 2014 – 2025

4.2.3.2 Global market from residential, by region, 2014 - 2025

4.2.4 Commercial

4.2.4.1 Global market from commercial, 2014 – 2025

4.2.4.2 Global market from commercial, by region, 2014 - 2025

4.2.5 Industrial

4.2.5.1 Global market from industrial, 2014 – 2025

4.2.5.2 Global market from industrial, by region, 2014 - 2025

4.3 Large systems

4.3.1 Global market from large systems, 2014 – 2025

4.3.2 Global market from large systems, by region, 2014 - 2025

4.3.3 Residential

4.3.3.1 Global market from residential, 2014 – 2025

4.3.3.2 Global market from residential, by region, 2014 - 2025

4.3.4 Commercial

4.3.4.1 Global market from commercial, 2014 – 2025

4.3.4.2 Global market from commercial, by region, 2014 - 2025

4.3.5 Industrial

4.3.5.1 Global market from industrial, 2014 – 2025

4.3.5.2 Global market from industrial, by region, 2014 - 2025

Chapter 5 Solar District Heating Market, By Application

5.1 Solar district heating market share by application, 2018 & 2025

5.2 Residential

5.2.1 Global market from residential, 2014 – 2025

5.2.2 Global market from residential, by region, 2014 - 2025

5.3 Commercial

5.3.1 Global market from commercial, 2014 – 2025

5.3.2 Global market from commercial, by region, 2014 - 2025

5.3.3 College/universities

5.3.3.1 Global market from college/universities, 2014 – 2025

5.3.3.2 Global market from college/universities, by region, 2014 - 2025

5.3.4 Office buildings

5.3.4.1 Global market from office buildings, 2014 – 2025

5.3.4.2 Global market from office buildings, by region, 2014 - 2025

5.3.5 Government/military

5.3.5.1 Global market from government/military, 2014 – 2025

5.3.5.2 Global market from government/military, by region, 2014 - 2025

5.3.6 Others

5.3.6.1 Global market from others, 2014 – 2025

5.3.6.2 Global market from others, by region, 2014 - 2025

5.4 Industrial

5.4.1 Global market from industrial, 2014 – 2025

5.4.2 Global market from industrial, by region, 2014 - 2025

5.4.3 Chemical

5.4.3.1 Global market from chemical, 2014 – 2025

5.4.3.2 Global market from chemical, by region, 2014 - 2025

5.4.4 Refinery

5.4.4.1 Global market from refinery, 2014 – 2025

5.4.4.2 Global market from refinery, by region, 2014 - 2025

5.4.5 Papers

5.4.5.1 Global market from papers, 2014 – 2025

5.4.5.2 Global market from papers, by region, 2014 - 2025

5.4.6 Others

5.4.6.1 Global market from others, 2014 – 2025

5.4.6.2 Global market from others, by region, 2014 - 2025

Browse complete table of content of this report @ https://www.gminsights.com/toc/detail/solar-district-heating-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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