Global District Heating Market: Regional Insights
Based on geography, the global District Heating market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
At present, the Asia Pacific is expected to hold leading position in the global District Heating market over the forecast period. Factors such as rising disposable income, growing concern over carbon emissions, and higher consumption of heating and cooling systems are some of the major factors driving the growth of the studied Chinese market.
At the same time, Europe District Heating market is exhibiting rapid growth. Germany is one of Europe's largest district heating and cooling markets. In German homes, district heating is mainly used for heating. Industrial heat consumption tends to be highly dependent on economic development. Manufacturing companies typically use district heating and cooling in place of industrial processes.
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