The Solar District Heating Market study put together by Global Market Insights, LLC, delivers a concise outlook of the powerful trends driving market growth. This report also includes valuable information pertaining to market share, market size, revenue forecasts, regional landscape and SWOT analysis of the industry. The report further elucidates the competitive backdrop of key players in the market as well as their product portfolio and business strategies.
Solar District Heating Market share is set to surpass USD 7 Billion by 2025. Stringent regulations toward emission control coupled with increasing adoption of sustainable energy systems will positively influence the industry growth. Torrid climatic conditions on account of global warming coupled with introduction of green building standards and codes will foster the business landscape.
Browse key industry insights spread across 370 pages with 650 market data tables & 31 figures & charts from the report, “Solar District Heating Market Outlook By System (Small [Residential, Commercial, Industrial], Large [Residential, Commercial, Industrial]), By Application (Residential, Commercial [College/University, Office Buildings, Government/Military], Industrial [Chemical, Refinery, Paper]) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, Poland, Russia, Sweden, Finland, Italy, Denmark, UK, Slovakia, Austria, Czech. Republic, France, China, Japan, South Korea), Application Potential, Competitive Market Share, & Forecast, 2019 - 2025” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/solar-district-heating-market
For instance, in 2019, the U.S. Environmental Protection Agency (EPA) introduced Affordable Clean Energy (ACE) Rule toward reduction in the GHG emissions. Furthermore, the ACE Rule has replaced the 2015's Clean Power Plan and aims to direct states to utilize prescribed technologies toward improving heat rate & controlling carbon emissions.
The U.S. solar district heating market is anticipated to grow over by 6% by 2025. Rising demand for efficient & sustainable heating infrastructure coupled with increasing investments toward establishment of residential & commercial facilities will augment the industry growth. Accelerating government promotional activities and efforts toward sustainable & efficient heating technologies along with stringent carbon emission standards will further encourage the product demand.
Rapid urbanization & industrialization across the emerging economies owning to demographic changes, rising disposable incomes and improved standard of living will drive the Asia Pacific solar district heating market. In addition, increasing investment toward construction and industrial sector along with rising primary energy consumption will boost the product demand. In 2018, as per United Nation statistics the 55% of the global population comprised of urban populace and is anticipated to increase to 68% by 2050.
Advancing technological improvement pertaining to product design & development, reducing thermal losses & improving energy efficiencies along with usage of sustainable systems as heating source will augment the industry landscape. Increasing adoption of solar thermal energy across various district & communities has provided favourable expansion prospects for the industry players.
Rising investment toward commercial & residential sector coupled with increasing penetration of DH systems in Tier II & III cities will drive the demand for small-scale systems. The capacity for these units' range between 3 - 10 kWth. Additionally, these systems provide renewable thermal facility to single family & multifamily houses, small & medium industries and commercial buildings.
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