District Heating and Cooling Market
Installing DHC system requires high initial cost for the construction of pipeline networks , connections , and plants , which is a key factor hampering the market ’ s trajectory . The need for expensive equipment such as boilers , heat absorbers , chillers , heat pumps , heat accumulators , and heat exchangers for the system to run unhindered also creates bottlenecks for the market . Additionally , the advent of off-grid and renewable energy systems , coupled with the rising share of decentralized energy systems , is a key factor restraining the market ’ s overall growth . With an increasing number of commercial and industrial facilities and households producing heat and electricity through renewable sources and CHP , the demand for centralized DHC systems could suffer in the near future .
Nonetheless , awareness regarding long term cost-savings offered by DHC systems , combined with favorable government incentives will boost adoption of these systems across emerging economies . This will in turn create opportunities for the growth of the global DHC market in the near future .
The report segments the global district heating and cooling market as : Global District Heating and Cooling Market : Consumption Analysis by Technology Type
• District Heating
• District Cooling
Global District Heating and Cooling Market : Generation Analysis by Components Type
• Chillers
• Boilers
Global District Heating and Cooling Market : Distribution Analysis by Components Type
• Pipes
• Pressure Pumps
• Valves
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