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Download Free sampleA geothermal heat pump or ground source heat pump (GSHP) is a central heating and/or cooling system that transfers heat to or from the ground. It uses the earth all the time, without any intermittency, as a heat source (in the winter) or a heat sink (in the summer).
Geothermal Heat Pump Market contains market size and forecasts of Geothermal Heat Pump in global, including the following market information:
Global Geothermal Heat Pump Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Geothermal Heat Pump Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Geothermal Heat Pump companies in 2021 (%)
The global Geothermal Heat Pump market was valued at 4609.9 million in 2021 and is projected to reach US$ 8528.9 million by 2028, at a CAGR of 9.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Vertical Closed Loop Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Geothermal Heat Pump include Bosch Thermotechnology, Carrier, Vaillant, BDR Thermea, Modine, Nibe Industrier, Mitsubishi Electric, Viessmann and Trane, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Geothermal Heat Pump manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Geothermal Heat Pump Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Geothermal Heat Pump Market Segment Percentages, by Type, 2021 (%)
Vertical Closed Loop
Horizontal Closed Loop
Open Loop
Others
Global Geothermal Heat Pump Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Geothermal Heat Pump Market Segment Percentages, by Application, 2021 (%)
Residential Buildings
Commercial Buildings
Global Geothermal Heat Pump Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Geothermal Heat Pump Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Geothermal Heat Pump revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Geothermal Heat Pump revenues share in global market, 2021 (%)
Key companies Geothermal Heat Pump sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Geothermal Heat Pump sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bosch Thermotechnology
Carrier
Vaillant
BDR Thermea
Modine
Nibe Industrier
Mitsubishi Electric
Viessmann
Trane
Stiebel Eltron
Danfoss Group
Weishaupt
Swegon
Wolf
OCHSNER Warmepumpen
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