Selbyville, Delaware, Nov. 23, 2020 (GLOBE NEWSWIRE) -- According to market analysts, adoption of renewable energy solutions facilitated by implementation of regulations by government and other authorities for reducing environmental impact of heat generation is projected to drive North America solar district heating industry growth during the forecast period.
In order to gain a better understanding of the overall market size, the authors of the report have classified the industry based on system type, application scope, and regional extent. These segments are studied extensively in terms of their revenue share and growth potential to identify the top growth prospects going forward. Proceeding further, the document analyzes the competitive landscape with the help of detailed business profiles comprising of important data points such as geographical presence, product portfolio, strengths & weakness, and production capacities among others.
Moreover, escalating demand for energy-efficient and sustainable heating infrastructure in consort with ongoing development of residential and commercial sites will expand the business horizon. Further, increasing efforts towards replacing conventional district heating systems with sustainable technologies is boosting the growth of solar district heating market in North America.
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Notably, reduced environmental footprint, extended lifespan, along with lower maintenance & operational cost are the key benefits fueling the demand for solar district heating systems. In addition, technological innovations in terms of product design & development is likely to bolster the market scenario.
System type overview
North America solar district heating market is bifurcated into small systems and large systems. Both these segments are further split into industrial, commercial, and residential. Large scale solar DH (district heating) systems are bound to witness an increased demand over the forecast timeframe due to sustained investments in commercial and industrial sector. These systems are deployed as pre-built blocks across hotels, industries, multi-story buildings, and data centers.
Application scope
North America solar district heating market application spectrum includes residential, commercial, and industrial sectors. The commercial segment is further divided into office buildings, college/universities, government/military, and others. Whereas, industrial segment is fragmented into refinery, chemicals, paper, and others.
Among these, commercial segment is anticipated to showcase strong growth trends in the forthcoming years owing to increasing establishment of commercial spaces in the region.
Regional outlook
North America solar district heating industry size spans across United States and Canada, wherein the latter is expected to contribute significantly to the overall remuneration in the ensuing years. Increasing residential and commercial infrastructure development along with improving living standards are fueling the industry growth in Canada. Further, government efforts to dilate the share of renewables into the energy mix is boosting the industry growth in the nation. In fact, International Renewable Energy Agency (IRENA) cites that between 2013 to 2018, Canada increased its solar capacity by 61.62%.
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North America Solar District Heating Market Systems Sub-Segments (Revenue, USD Million, 2014-2025)
Small Systems
- Industrial
- Residential
- Commercial
Large Systems
- Industrial
- Residential
- Commercial
North America Solar District Heating Market Application Sub-Segments (Revenue, USD Million, 2014-2025)
Residential
Commercial
- Office Buildings
- College/Universities
- Government/Military
- Others
Industrial
- Refinery
- Chemical
- Papers
- Others
North America Solar District Heating Market Geographical Fragmentation (Revenue, USD Million, 2014-2025)
- United States
- Canada
North America Solar District Heating Market Competitive Dashboard (Revenue, USD Million, 2014-2025)
- General Electric
- National-Oilwell Varco, Inc.
- Welspun Corp.
- CRC-Evans Pipeline International
- Petrobras
- Chevron Corp.
- Exxon Mobil Corporation
Table of Content
Chapter 1. Methodology and Scope
1.1. Methodology
1.2. Market definitions
1.3. Market estimates and forecast parameters
1.4. Data sources
1.4.1. Primary
1.4.2. Secondary
1.4.2.1. Paid sources
1.4.2.2. Public sources
Chapter 2. Executive Summary
2.1. North America Solar district heating market 3600 synopsis, 2014 - 2025
2.1.1. Business Trends
2.1.2. System Trends
2.1.3. Application Trends
2.1.4. Regional Trends
Chapter 3. North America Solar District Heating Market Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 - 2025 (USD Million)
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.4. Innovation & sustainability
3.5. Regulatory landscape
Chapter 4. North America Solar District Heating Market Share, By Systems
4.1. North America Solar district heating market share by systems, 2018 & 2025
4.2. Small systems
4.2.1. Market estimates and forecast from small systems, 2014 - 2025
4.2.2. Market estimates and forecast from small systems, by region, 2014 - 2025
4.2.3. Residential
4.2.3.1. Market estimates and forecast from residential, 2014 - 2025
4.2.3.2. Market estimates and forecast from residential, by region, 2014 - 2025
4.2.4. Commercial
4.2.4.1. Market estimates and forecast from commercial, 2014 - 2025
4.2.4.2. Market estimates and forecast from commercial, by region, 2014 - 2025
4.2.5. Industrial
4.2.5.1. Market estimates and forecast market from industrial, 2014 - 2025
4.2.5.2. Market estimates and forecast from industrial, by region, 2014 - 2025
4.3. Large systems
4.3.1. Market estimates and forecast from large systems, 2014 - 2025
4.3.2. Market estimates and forecast from large systems, by region, 2014 - 2025
4.3.3. Residential
4.3.3.1. Market estimates and forecast from residential, 2014 - 2025
4.3.3.2. Market estimates and forecast from residential, by region, 2014 - 2025
4.3.4. Commercial
4.3.4.1. Market estimates and forecast from commercial, 2014 - 2025
4.3.4.2. Market estimates and forecast from commercial, by region, 2014 - 2025
4.3.5. Industrial
4.3.5.1. Market estimates and forecast from industrial, 2014 - 2025
4.3.5.2. Market estimates and forecast from industrial, by region, 2014 - 2025
Chapter 5. North America Solar District Heating Market Size, By Application
5.1. North America Solar district heating market share by application, 2018 & 2025
5.2. Residential
5.2.1. Market estimates and forecast from residential, 2014 - 2025
5.2.2. Market estimates and forecast from residential, by region, 2014 - 2025
5.3. Commercial
5.3.1. Market estimates and forecast from commercial, 2014 - 2025
5.3.2. Market estimates and forecast from commercial, by region, 2014 - 2025
5.3.3. College/universities
5.3.3.1. Market estimates and forecast from college/universities, 2014 - 2025
5.3.3.2. Market estimates and forecast from college/universities, by region, 2014 - 2025
5.3.4. Office buildings
5.3.4.1. Market estimates and forecast from office buildings, 2014 - 2025
5.3.4.2. Market estimates and forecast from office buildings, by region, 2014 - 2025
5.3.5. Government/military
5.3.5.1. Market estimates and forecast from government/military, 2014 - 2025
5.3.5.2. Market estimates and forecast from government/military, by region, 2014 - 2025
5.3.6. Others
5.3.6.1. Market estimates and forecast from others, 2014 - 2025
5.3.6.2. Market estimates and forecast from others, by region, 2014 - 2025
5.4. Industrial
5.4.1. Market estimates and forecast from industrial, 2014 - 2025
5.4.2. Market estimates and forecast from industrial, by region, 2014 - 2025
5.4.3. Chemical
5.4.3.1. Market estimates and forecast from chemical, 2014 - 2025
5.4.3.2. Market estimates and forecast from chemical, by region, 2014 - 2025
5.4.4. Refinery
5.4.4.1. Market estimates and forecast from refinery, 2014 - 2025
5.4.4.2. Market estimates and forecast from office buildings, by region, 2014 - 2025
5.4.5. Papers
5.4.5.1. Market estimates and forecast from government/military, 2014 - 2025
5.4.5.2. Market estimates and forecast from government/military, by region, 2014 - 2025
5.4.6. Others
5.4.6.1. Market estimates and forecast from others, 2014 - 2025
5.4.6.2. Market estimates and forecast from others, by region, 2014 - 2025
Chapter 6. North America Solar District Heating Market Value, By Region
Related Report:
District Heating Market Size By Source (CHP, Geothermal, Solar, Heat Only Boilers), By Application (Residential, Commercial {College/University, Office, Government/Military}, Industrial {Chemical, Refinery, Paper}), Industry Analysis Report, Regional Outlook, Price Trends, Competitive Market Share & Forecast, 2020 – 2026
District Heating Market in 2019, exceeded USD 150 Billion and is expected to surpass over 14,000 PJ by 2026, as per new research report. Increasing focus toward renewable energy establishments along with the extraction of sensible heat for industrial, commercial and residential applications will positively influence the district heating industry landscape. Rising demand for space heating systems in order to minimize energy consumption will drive the DHS industry scenario. Increasing per capita income, improved standard of living along with growing investment toward construction of new apartments & buildings is anticipated to augment the product demand over the forecast timeframe.
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