The global District Heating and Cooling market size was US$ 264540 million in 2024 and is forecast to a readjusted size of US$ 512760 million by 2031 with a CAGR of 10.1% during the forecast period 2025-2031.
District energy, both heating and cooling, tie together the energy generating sources in a city with buildings and facilities having a need of heating and/or cooling. Instead of each building having its own heating or cooling system, the energy is delivered to several buildings in a larger area from a central plant. The water based distribution system guarantees that heat and cooling arrive safely to the end users. With district heating, energy is saved overall, as it takes advantage of resources that would otherwise not be have been used, making it an efficient and sustainable solution to satisfy the local heat and cooling demand in a city.
The key players of District Heating and Cooling include ENGIE, NRG Energy, Fortum, etc. The top three players hold a share over 15%. Asia-Pacific is the largest market, with a share about 32%. In terms of product type, District Heating is the largest segment, which occupied for a share of about 75%. For application, Residential is the largest segment, which has a share about 39%.
The global District Heating and Cooling market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
ENGIE
NRG Energy
Fortum
Empower
ADC Energy Systems
STEAG
Ørsted A/S
Tabreed
Vattenfall
RWE AG
Goteborg Energi
Logstor
Shinryo
Emicool
Keppel DHCS
Statkraft
Ramboll
By Type: (Dominant Segment vs High-Margin Innovation)
District Heating
District Cooling
By Application: (Core Demand Driver vs Emerging Opportunity)
Residential
Commercial
Industrial
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., ENGIE in Europe)
- Emerging Product Trends: District Heating adoption vs. District Cooling premiumization
- Demand-Side Dynamics: Residential growth in China vs. Commercial potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
North America
Europe
China
Japan
UAE
Singapore
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of District Heating and Cooling market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., District Cooling in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Commercial in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the District Heating and Cooling value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Market Overview
1.1 District Heating and Cooling Product Scope
1.2 District Heating and Cooling by Type
1.2.1 Global District Heating and Cooling Sales by Type (2020 & 2024 & 2031)
1.2.2 District Heating
1.2.3 District Cooling
1.3 District Heating and Cooling by Application
1.3.1 Global District Heating and Cooling Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Residential
1.3.3 Commercial
1.3.4 Industrial
1.4 Global District Heating and Cooling Market Estimates and Forecasts (2020-2031)
1.4.1 Global District Heating and Cooling Market Size in Value Growth Rate (2020-2031)
1.4.2 Global District Heating and Cooling Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global District Heating and Cooling Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global District Heating and Cooling Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global District Heating and Cooling Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global District Heating and Cooling Sales Market Share by Region (2020-2025)
2.2.2 Global District Heating and Cooling Revenue Market Share by Region (2020-2025)
2.3 Global District Heating and Cooling Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global District Heating and Cooling Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global District Heating and Cooling Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America District Heating and Cooling Market Size and Prospective (2020-2031)
2.4.2 Europe District Heating and Cooling Market Size and Prospective (2020-2031)
2.4.3 China District Heating and Cooling Market Size and Prospective (2020-2031)
2.4.4 Japan District Heating and Cooling Market Size and Prospective (2020-2031)
2.4.5 UAE District Heating and Cooling Market Size and Prospective (2020-2031)
2.4.6 Singapore District Heating and Cooling Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global District Heating and Cooling Historic Market Review by Type (2020-2025)
3.1.1 Global District Heating and Cooling Sales by Type (2020-2025)
3.1.2 Global District Heating and Cooling Revenue by Type (2020-2025)
3.1.3 Global District Heating and Cooling Price by Type (2020-2025)
3.2 Global District Heating and Cooling Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global District Heating and Cooling Sales Forecast by Type (2026-2031)
3.2.2 Global District Heating and Cooling Revenue Forecast by Type (2026-2031)
3.2.3 Global District Heating and Cooling Price Forecast by Type (2026-2031)
3.3 Different Types District Heating and Cooling Representative Players
4 Global Market Size by Application
4.1 Global District Heating and Cooling Historic Market Review by Application (2020-2025)
4.1.1 Global District Heating and Cooling Sales by Application (2020-2025)
4.1.2 Global District Heating and Cooling Revenue by Application (2020-2025)
4.1.3 Global District Heating and Cooling Price by Application (2020-2025)
4.2 Global District Heating and Cooling Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global District Heating and Cooling Sales Forecast by Application (2026-2031)
4.2.2 Global District Heating and Cooling Revenue Forecast by Application (2026-2031)
4.2.3 Global District Heating and Cooling Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in District Heating and Cooling Application
5 Competition Landscape by Players
5.1 Global District Heating and Cooling Sales by Players (2020-2025)
5.2 Global Top District Heating and Cooling Players by Revenue (2020-2025)
5.3 Global District Heating and Cooling Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in District Heating and Cooling as of 2024)
5.4 Global District Heating and Cooling Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of District Heating and Cooling, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of District Heating and Cooling, Product Type & Application
5.7 Global Key Manufacturers of District Heating and Cooling, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America District Heating and Cooling Sales by Company
6.1.1.1 North America District Heating and Cooling Sales by Company (2020-2025)
6.1.1.2 North America District Heating and Cooling Revenue by Company (2020-2025)
6.1.2 North America District Heating and Cooling Sales Breakdown by Type (2020-2025)
6.1.3 North America District Heating and Cooling Sales Breakdown by Application (2020-2025)
6.1.4 North America District Heating and Cooling Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe District Heating and Cooling Sales by Company
6.2.1.1 Europe District Heating and Cooling Sales by Company (2020-2025)
6.2.1.2 Europe District Heating and Cooling Revenue by Company (2020-2025)
6.2.2 Europe District Heating and Cooling Sales Breakdown by Type (2020-2025)
6.2.3 Europe District Heating and Cooling Sales Breakdown by Application (2020-2025)
6.2.4 Europe District Heating and Cooling Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China District Heating and Cooling Sales by Company
6.3.1.1 China District Heating and Cooling Sales by Company (2020-2025)
6.3.1.2 China District Heating and Cooling Revenue by Company (2020-2025)
6.3.2 China District Heating and Cooling Sales Breakdown by Type (2020-2025)
6.3.3 China District Heating and Cooling Sales Breakdown by Application (2020-2025)
6.3.4 China District Heating and Cooling Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan District Heating and Cooling Sales by Company
6.4.1.1 Japan District Heating and Cooling Sales by Company (2020-2025)
6.4.1.2 Japan District Heating and Cooling Revenue by Company (2020-2025)
6.4.2 Japan District Heating and Cooling Sales Breakdown by Type (2020-2025)
6.4.3 Japan District Heating and Cooling Sales Breakdown by Application (2020-2025)
6.4.4 Japan District Heating and Cooling Major Customer
6.4.5 Japan Market Trend and Opportunities
6.5 UAE Market: Players, Segments, Downstream and Major Customers
6.5.1 UAE District Heating and Cooling Sales by Company
6.5.1.1 UAE District Heating and Cooling Sales by Company (2020-2025)
6.5.1.2 UAE District Heating and Cooling Revenue by Company (2020-2025)
6.5.2 UAE District Heating and Cooling Sales Breakdown by Type (2020-2025)
6.5.3 UAE District Heating and Cooling Sales Breakdown by Application (2020-2025)
6.5.4 UAE District Heating and Cooling Major Customer
6.5.5 UAE Market Trend and Opportunities
6.6 Singapore Market: Players, Segments, Downstream and Major Customers
6.6.1 Singapore District Heating and Cooling Sales by Company
6.6.1.1 Singapore District Heating and Cooling Sales by Company (2020-2025)
6.6.1.2 Singapore District Heating and Cooling Revenue by Company (2020-2025)
6.6.2 Singapore District Heating and Cooling Sales Breakdown by Type (2020-2025)
6.6.3 Singapore District Heating and Cooling Sales Breakdown by Application (2020-2025)
6.6.4 Singapore District Heating and Cooling Major Customer
6.6.5 Singapore Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 ENGIE
7.1.1 ENGIE Company Information
7.1.2 ENGIE Business Overview
7.1.3 ENGIE District Heating and Cooling Sales, Revenue and Gross Margin (2020-2025)
7.1.4 ENGIE District Heating and Cooling Products Offered
7.1.5 ENGIE Recent Development
7.2 NRG Energy
7.2.1 NRG Energy Company Information
7.2.2 NRG Energy Business Overview
7.2.3 NRG Energy District Heating and Cooling Sales, Revenue and Gross Margin (2020-2025)
7.2.4 NRG Energy District Heating and Cooling Products Offered
7.2.5 NRG Energy Recent Development
7.3 Fortum
7.3.1 Fortum Company Information
7.3.2 Fortum Business Overview
7.3.3 Fortum District Heating and Cooling Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Fortum District Heating and Cooling Products Offered
7.3.5 Fortum Recent Development
7.4 Empower
7.4.1 Empower Company Information
7.4.2 Empower Business Overview
7.4.3 Empower District Heating and Cooling Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Empower District Heating and Cooling Products Offered
7.4.5 Empower Recent Development
7.5 ADC Energy Systems
7.5.1 ADC Energy Systems Company Information
7.5.2 ADC Energy Systems Business Overview
7.5.3 ADC Energy Systems District Heating and Cooling Sales, Revenue and Gross Margin (2020-2025)
7.5.4 ADC Energy Systems District Heating and Cooling Products Offered
7.5.5 ADC Energy Systems Recent Development
7.6 STEAG
7.6.1 STEAG Company Information
7.6.2 STEAG Business Overview
7.6.3 STEAG District Heating and Cooling Sales, Revenue and Gross Margin (2020-2025)
7.6.4 STEAG District Heating and Cooling Products Offered
7.6.5 STEAG Recent Development
7.7 Ørsted A/S
7.7.1 Ørsted A/S Company Information
7.7.2 Ørsted A/S Business Overview
7.7.3 Ørsted A/S District Heating and Cooling Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Ørsted A/S District Heating and Cooling Products Offered
7.7.5 Ørsted A/S Recent Development
7.8 Tabreed
7.8.1 Tabreed Company Information
7.8.2 Tabreed Business Overview
7.8.3 Tabreed District Heating and Cooling Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Tabreed District Heating and Cooling Products Offered
7.8.5 Tabreed Recent Development
7.9 Vattenfall
7.9.1 Vattenfall Company Information
7.9.2 Vattenfall Business Overview
7.9.3 Vattenfall District Heating and Cooling Sales, Revenue and Gross Margin (2020-2025)
7.9.4 Vattenfall District Heating and Cooling Products Offered
7.9.5 Vattenfall Recent Development
7.10 RWE AG
7.10.1 RWE AG Company Information
7.10.2 RWE AG Business Overview
7.10.3 RWE AG District Heating and Cooling Sales, Revenue and Gross Margin (2020-2025)
7.10.4 RWE AG District Heating and Cooling Products Offered
7.10.5 RWE AG Recent Development
7.11 Goteborg Energi
7.11.1 Goteborg Energi Company Information
7.11.2 Goteborg Energi Business Overview
7.11.3 Goteborg Energi District Heating and Cooling Sales, Revenue and Gross Margin (2020-2025)
7.11.4 Goteborg Energi District Heating and Cooling Products Offered
7.11.5 Goteborg Energi Recent Development
7.12 Logstor
7.12.1 Logstor Company Information
7.12.2 Logstor Business Overview
7.12.3 Logstor District Heating and Cooling Sales, Revenue and Gross Margin (2020-2025)
7.12.4 Logstor District Heating and Cooling Products Offered
7.12.5 Logstor Recent Development
7.13 Shinryo
7.13.1 Shinryo Company Information
7.13.2 Shinryo Business Overview
7.13.3 Shinryo District Heating and Cooling Sales, Revenue and Gross Margin (2020-2025)
7.13.4 Shinryo District Heating and Cooling Products Offered
7.13.5 Shinryo Recent Development
7.14 Emicool
7.14.1 Emicool Company Information
7.14.2 Emicool Business Overview
7.14.3 Emicool District Heating and Cooling Sales, Revenue and Gross Margin (2020-2025)
7.14.4 Emicool District Heating and Cooling Products Offered
7.14.5 Emicool Recent Development
7.15 Keppel DHCS
7.15.1 Keppel DHCS Company Information
7.15.2 Keppel DHCS Business Overview
7.15.3 Keppel DHCS District Heating and Cooling Sales, Revenue and Gross Margin (2020-2025)
7.15.4 Keppel DHCS District Heating and Cooling Products Offered
7.15.5 Keppel DHCS Recent Development
7.16 Statkraft
7.16.1 Statkraft Company Information
7.16.2 Statkraft Business Overview
7.16.3 Statkraft District Heating and Cooling Sales, Revenue and Gross Margin (2020-2025)
7.16.4 Statkraft District Heating and Cooling Products Offered
7.16.5 Statkraft Recent Development
7.17 Ramboll
7.17.1 Ramboll Company Information
7.17.2 Ramboll Business Overview
7.17.3 Ramboll District Heating and Cooling Sales, Revenue and Gross Margin (2020-2025)
7.17.4 Ramboll District Heating and Cooling Products Offered
7.17.5 Ramboll Recent Development
8 District Heating and Cooling Manufacturing Cost Analysis
8.1 District Heating and Cooling Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of District Heating and Cooling
8.4 District Heating and Cooling Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 District Heating and Cooling Distributors List
9.3 District Heating and Cooling Customers
10 District Heating and Cooling Market Dynamics
10.1 District Heating and Cooling Industry Trends
10.2 District Heating and Cooling Market Drivers
10.3 District Heating and Cooling Market Challenges
10.4 District Heating and Cooling Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
ENGIE
NRG Energy
Fortum
Empower
ADC Energy Systems
STEAG
Ørsted A/S
Tabreed
Vattenfall
RWE AG
Goteborg Energi
Logstor
Shinryo
Emicool
Keppel DHCS
Statkraft
Ramboll
Ìý
Ìý
*If Applicable.