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In the last several years, global market of district heating and cooling developed rapidly, with an average growth rate of 6.15% during 2013 to 2017. In 2017, global revenue of district heating and cooling is nearly 165.68 Billion USD; the actual sales are about 3175 TWh.
The global average price of district heating and cooling is in the increasing trend, from 46.0 USD/MWh in 2013 to 52.1 USD/MWh in 2017. With the situation of global economy, prices will be in increasing trend in the following five years.
The classification of district heating and cooling includes district heating and district cooling, and the proportion of district heating in 2017 is about 86%, and the proportion is in decreasing trend from 2013 to 2017.
District heating and cooling is widely used in residential, commercial and industrial. The most proportion of district heating and cooling is used in commercial buildings, and the proportion in 2017 is 40%.
Asia Pacific is the largest consumption place, with a consumption market share nearly 37% in 2017. Following Asia Pacific, Europe is the second largest consumption place with the consumption market share of 25%.
Market competition is intense. ENGIE, NRG Energy, Fortum, Empower, ADC Energy Systems, STEAG, etc. are the leaders of the industry, with high-end customers.
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