According to the research report titled ‘North America Solar District Heating Market Size By System, Application, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share, & Forecast, 2019 a?? 2025’, available with Market Study Report, North America solar district heating market is expected to register considerable growth during 2019-2025.
 

Strict regulatory measures towards reducing the environmental impact while producing heat has enhanced the demand for sustainable sources of energy, which in turn is a major factor driving the growth of solar heating market in North America. Growing demand for sustainable and efficient heating solutions along with increasing infrastructural development of commercial and residential establishments are further aiding the market expansion.
 

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Solar district heating solutions offer longer service life, low carbon emission and high energy efficiency at economical costs. Apart from this, focus towards adopting renewable technologies over conventional district heating solutions is stimulating the industry outlook.
 

As per system type, the report states that large systems segment is expected to register appreciable growth in the subsequent years. Escalating investments towards development of industrial and commercial sector are fueling the segmental share. Large solar district heating systems are widely adopted in data centers, industries, multistory buildings and hotels.
 

Elaborating on application spectrum, commercial segment is poised to witness significant growth during the forecast period. Rising number of commercial spaces and strict federal regulations towards reducing the pollution levels are boosting the adoption of solar district heating solutions in North America.
 

From the regional point of view, Canada solar district heating industry is set to record considerable growth during the analysis timeframe. Increasing development of commercial and residential infrastructure in tandem with evolving standards of living are favoring the market scenario in Canada. Favorable government initiatives which encourage the use of renewable sources of energy over conventional ones is also fueling the market growth.
 

The major companies operating in North America solar district heating market are General Electric Company, National Oilwell Varco, Welspun Corp Ltd., CRC Evans Pipeline International, Petróleo Brasileiro S.A., Chevron Corporation, and ExxonMobil Corp. among others.