Lucintel Forecasts the Global Solar District Heating Market to Grow with a CAGR of 6.8% from 2025 to 2031
Lucintel Forecasts the Global Solar District Heating Market to Grow with a CAGR of 6.8% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global solar district heating market looks promising with opportunities in the residential, commercial, and industrial markets. The global solar district heating market is expected to grow with a CAGR of 6.8% from 2025 to 2031. The major drivers for this market are the increase in demand for renewable energy sources, the rising need for eco-friendly heating solutions, and the growing adoption of government incentives.
A more than 150-page report to understand trends, opportunity and forecast in global solar district heating market to 2031 by increase in demand for renewable energy sources, the rising need for eco-friendly heating solutions, and the growing adoption of government incentives.
Lucintel forecasts that, within the type category, thermal energy storage is expected to witness higher growth over the forecast period due to the increase in need for efficient energy storage systems.
Within the application category, residential is expected to witness the highest growth due to the growing focus on sustainable living.
In terms of region, APAC is expected to witness the highest growth over the forecast period.
DESMI, Goteborg Energi, Keppel DHCS, Korea District Heating Corporation, LOGSTOR, Orsted, Ramboll Group, Shinryo, Statkraft, STEAG are the major suppliers in the solar district heating market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056