26 October 2018 - Blog
The District Heating and Cooling Market expected to exhibit a 6.2% CAGR over 2016 and 2024. In the past few years the demand for district heating and cooling systems has continued to expand at a significant level across the globe. Factors such as long term cost-savings, excellent ROI, government incentives, flexibility of fuel options, and strict environmental laws concerned with energy efficiency of a variety of systems have been central to the growth of the market in the past. The market is expected to reach to a revenue-wise valuation of US$243.42 bn by 2024. In terms of energy sales volume, the market is expected to reach 12,187,491.8 tera joules by 2024.