The global Geothermal Heat Pumps market was valued at 376.74 Million USD in 2020 and will grow with a CAGR of 10.29% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A 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 systems consist of the heat pump unit, the ground heat exchanger, and the air delivery system (ductwork). The heat exchanger has a system of pipes called a loop, which is buried in the ground near the building. Fluid will circulate within the heat exchanger system. The pump exchanger either takes the heat from the building and transfers it to the ground or absorbs the heat from the ground and uses it to warm the house. The main advantage of geothermal heat pumps is that they use the stable underground temperature to increase the efficiency and decrease the operational cost of the cooling and heating systems. Global geothermal heat pump market size in 2017 was valued over USD 3 billion and the annual installation is projected to exceed 873 thousand units by 2025. Growing concerns toward environmental sustainability and energy security along with shifting trends toward bio economy-based development will drive the global geothermal heat pump market size. Introduction of energy efficiency protocols by regulators with an aim to reduce carbon footprint will further propel the industry outlook. In 2016, Government of Germany introduced Climate Action Plan 2050 across the nation with an aim to curb GHG emissions up to 55% by 2030 compared with 1990 levels.
By Market Verdors:
Bosch Thermotechnology
Carrier
Vaillant
BDR Thermea
Modine
Nibe Industrier
Mitsubishi Electric
Viessmann
Trane
Stiebel Eltron
Danfoss Group
Weishaupt
Swegon
Wolf
OCHSNER Warmepumpen
By Types:
Vertical Closed Loop
Horizontal Closed Loop
Open Loop
By Applications:
Residential Buildings
Commercial Buildings
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market's competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.4.1 North America Market States and Outlook (2022-2027)
1.4.2 East Asia Market States and Outlook (2022-2027)
1.4.3 Europe Market States and Outlook (2022-2027)
1.4.4 South Asia Market States and Outlook (2022-2027)
1.4.5 Southeast Asia Market States and Outlook (2022-2027)
1.4.6 Middle East Market States and Outlook (2022-2027)
1.4.7 Africa Market States and Outlook (2022-2027)
1.4.8 Oceania Market States and Outlook (2022-2027)
1.4.9 South America Market States and Outlook (2022-2027)
1.5 Global Geothermal Heat Pumps Market Size Analysis from 2022 to 2027
1.5.1 Global Geothermal Heat Pumps Market Size Analysis from 2022 to 2027 by Consumption Volume
1.5.2 Global Geothermal Heat Pumps Market Size Analysis from 2022 to 2027 by Value
1.5.3 Global Geothermal Heat Pumps Price Trends Analysis from 2022 to 2027
1.6 COVID-19 Outbreak: Geothermal Heat Pumps Industry Impact
Chapter 2 Global Geothermal Heat Pumps Competition by Types, Applications, and Top Regions and Countries
2.1 Global Geothermal Heat Pumps (Volume and Value) by Type
2.1.1 Global Geothermal Heat Pumps Consumption and Market Share by Type (2016-2021)
2.1.2 Global Geothermal Heat Pumps Revenue and Market Share by Type (2016-2021)
2.2 Global Geothermal Heat Pumps (Volume and Value) by Application
2.2.1 Global Geothermal Heat Pumps Consumption and Market Share by Application (2016-2021)
2.2.2 Global Geothermal Heat Pumps Revenue and Market Share by Application (2016-2021)
2.3 Global Geothermal Heat Pumps (Volume and Value) by Regions
2.3.1 Global Geothermal Heat Pumps Consumption and Market Share by Regions (2016-2021)
2.3.2 Global Geothermal Heat Pumps Revenue and Market Share by Regions (2016-2021)
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.1.1 2016-2021 Global Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis
3.1.2 2016-2021 Major Manufacturers Performance and Market Share
3.2 Regional Production Market Analysis
3.2.1 2016-2021 Regional Market Performance and Market Share
3.2.2 North America Market
3.2.3 East Asia Market
3.2.4 Europe Market
3.2.5 South Asia Market
3.2.6 Southeast Asia Market
3.2.7 Middle East Market
3.2.8 Africa Market
3.2.9 Oceania Market
3.2.10 South America Market
3.2.11 Rest of the World Market
Chapter 4 Global Geothermal Heat Pumps Sales, Consumption, Export, Import by Regions (2016-2021)
4.1 Global Geothermal Heat Pumps Consumption by Regions (2016-2021)
4.2 North America Geothermal Heat Pumps Sales, Consumption, Export, Import (2016-2021)
4.3 East Asia Geothermal Heat Pumps Sales, Consumption, Export, Import (2016-2021)
4.4 Europe Geothermal Heat Pumps Sales, Consumption, Export, Import (2016-2021)
4.5 South Asia Geothermal Heat Pumps Sales, Consumption, Export, Import (2016-2021)
4.6 Southeast Asia Geothermal Heat Pumps Sales, Consumption, Export, Import (2016-2021)
4.7 Middle East Geothermal Heat Pumps Sales, Consumption, Export, Import (2016-2021)
4.8 Africa Geothermal Heat Pumps Sales, Consumption, Export, Import (2016-2021)
4.9 Oceania Geothermal Heat Pumps Sales, Consumption, Export, Import (2016-2021)
4.10 South America Geothermal Heat Pumps Sales, Consumption, Export, Import (2016-2021)
Chapter 5 North America Geothermal Heat Pumps Market Analysis
5.1 North America Geothermal Heat Pumps Consumption and Value Analysis
5.1.1 North America Geothermal Heat Pumps Market Under COVID-19
5.2 North America Geothermal Heat Pumps Consumption Volume by Types
5.3 North America Geothermal Heat Pumps Consumption Structure by Application
5.4 North America Geothermal Heat Pumps Consumption by Top Countries
5.4.1 United States Geothermal Heat Pumps Consumption Volume from 2016 to 2021
5.4.2 Canada Geothermal Heat Pumps Consumption Volume from 2016 to 2021
5.4.3 Mexico Geothermal Heat Pumps Consumption Volume from 2016 to 2021
Chapter 6 East Asia Geothermal Heat Pumps Market Analysis
6.1 East Asia Geothermal Heat Pumps Consumption and Value Analysis
6.1.1 East Asia Geothermal Heat Pumps Market Under COVID-19
6.2 East Asia Geothermal Heat Pumps Consumption Volume by Types
6.3 East Asia Geothermal Heat Pumps Consumption Structure by Application
6.4 East Asia Geothermal Heat Pumps Consumption by Top Countries
6.4.1 China Geothermal Heat Pumps Consumption Volume from 2016 to 2021
6.4.2 Japan Geothermal Heat Pumps Consumption Volume from 2016 to 2021
6.4.3 South Korea Geothermal Heat Pumps Consumption Volume from 2016 to 2021
Chapter 7 Europe Geothermal Heat Pumps Market Analysis
7.1 Europe Geothermal Heat Pumps Consumption and Value Analysis
7.1.1 Europe Geothermal Heat Pumps Market Under COVID-19
7.2 Europe Geothermal Heat Pumps Consumption Volume by Types
7.3 Europe Geothermal Heat Pumps Consumption Structure by Application
7.4 Europe Geothermal Heat Pumps Consumption by Top Countries
7.4.1 Germany Geothermal Heat Pumps Consumption Volume from 2016 to 2021
7.4.2 UK Geothermal Heat Pumps Consumption Volume from 2016 to 2021
7.4.3 France Geothermal Heat Pumps Consumption Volume from 2016 to 2021
7.4.4 Italy Geothermal Heat Pumps Consumption Volume from 2016 to 2021
7.4.5 Russia Geothermal Heat Pumps Consumption Volume from 2016 to 2021
7.4.6 Spain Geothermal Heat Pumps Consumption Volume from 2016 to 2021
7.4.7 Netherlands Geothermal Heat Pumps Consumption Volume from 2016 to 2021
7.4.8 Switzerland Geothermal Heat Pumps Consumption Volume from 2016 to 2021
7.4.9 Poland Geothermal Heat Pumps Consumption Volume from 2016 to 2021
Chapter 8 South Asia Geothermal Heat Pumps Market Analysis
8.1 South Asia Geothermal Heat Pumps Consumption and Value Analysis
8.1.1 South Asia Geothermal Heat Pumps Market Under COVID-19
8.2 South Asia Geothermal Heat Pumps Consumption Volume by Types
8.3 South Asia Geothermal Heat Pumps Consumption Structure by Application
8.4 South Asia Geothermal Heat Pumps Consumption by Top Countries
8.4.1 India Geothermal Heat Pumps Consumption Volume from 2016 to 2021
8.4.2 Pakistan Geothermal Heat Pumps Consumption Volume from 2016 to 2021
8.4.3 Bangladesh Geothermal Heat Pumps Consumption Volume from 2016 to 2021
Chapter 9 Southeast Asia Geothermal Heat Pumps Market Analysis
9.1 Southeast Asia Geothermal Heat Pumps Consumption and Value Analysis
9.1.1 Southeast Asia Geothermal Heat Pumps Market Under COVID-19
9.2 Southeast Asia Geothermal Heat Pumps Consumption Volume by Types
9.3 Southeast Asia Geothermal Heat Pumps Consumption Structure by Application
9.4 Southeast Asia Geothermal Heat Pumps Consumption by Top Countries
9.4.1 Indonesia Geothermal Heat Pumps Consumption Volume from 2016 to 2021
9.4.2 Thailand Geothermal Heat Pumps Consumption Volume from 2016 to 2021
9.4.3 Singapore Geothermal Heat Pumps Consumption Volume from 2016 to 2021
9.4.4 Malaysia Geothermal Heat Pumps Consumption Volume from 2016 to 2021
9.4.5 Philippines Geothermal Heat Pumps Consumption Volume from 2016 to 2021
9.4.6 Vietnam Geothermal Heat Pumps Consumption Volume from 2016 to 2021
9.4.7 Myanmar Geothermal Heat Pumps Consumption Volume from 2016 to 2021
Chapter 10 Middle East Geothermal Heat Pumps Market Analysis
10.1 Middle East Geothermal Heat Pumps Consumption and Value Analysis
10.1.1 Middle East Geothermal Heat Pumps Market Under COVID-19
10.2 Middle East Geothermal Heat Pumps Consumption Volume by Types
10.3 Middle East Geothermal Heat Pumps Consumption Structure by Application
10.4 Middle East Geothermal Heat Pumps Consumption by Top Countries
10.4.1 Turkey Geothermal Heat Pumps Consumption Volume from 2016 to 2021
10.4.2 Saudi Arabia Geothermal Heat Pumps Consumption Volume from 2016 to 2021
10.4.3 Iran Geothermal Heat Pumps Consumption Volume from 2016 to 2021
10.4.4 United Arab Emirates Geothermal Heat Pumps Consumption Volume from 2016 to 2021
10.4.5 Israel Geothermal Heat Pumps Consumption Volume from 2016 to 2021
10.4.6 Iraq Geothermal Heat Pumps Consumption Volume from 2016 to 2021
10.4.7 Qatar Geothermal Heat Pumps Consumption Volume from 2016 to 2021
10.4.8 Kuwait Geothermal Heat Pumps Consumption Volume from 2016 to 2021
10.4.9 Oman Geothermal Heat Pumps Consumption Volume from 2016 to 2021
Chapter 11 Africa Geothermal Heat Pumps Market Analysis
11.1 Africa Geothermal Heat Pumps Consumption and Value Analysis
11.1.1 Africa Geothermal Heat Pumps Market Under COVID-19
11.2 Africa Geothermal Heat Pumps Consumption Volume by Types
11.3 Africa Geothermal Heat Pumps Consumption Structure by Application
11.4 Africa Geothermal Heat Pumps Consumption by Top Countries
11.4.1 Nigeria Geothermal Heat Pumps Consumption Volume from 2016 to 2021
11.4.2 South Africa Geothermal Heat Pumps Consumption Volume from 2016 to 2021
11.4.3 Egypt Geothermal Heat Pumps Consumption Volume from 2016 to 2021
11.4.4 Algeria Geothermal Heat Pumps Consumption Volume from 2016 to 2021
11.4.5 Morocco Geothermal Heat Pumps Consumption Volume from 2016 to 2021
Chapter 12 Oceania Geothermal Heat Pumps Market Analysis
12.1 Oceania Geothermal Heat Pumps Consumption and Value Analysis
12.2 Oceania Geothermal Heat Pumps Consumption Volume by Types
12.3 Oceania Geothermal Heat Pumps Consumption Structure by Application
12.4 Oceania Geothermal Heat Pumps Consumption by Top Countries
12.4.1 Australia Geothermal Heat Pumps Consumption Volume from 2016 to 2021
12.4.2 New Zealand Geothermal Heat Pumps Consumption Volume from 2016 to 2021
Chapter 13 South America Geothermal Heat Pumps Market Analysis
13.1 South America Geothermal Heat Pumps Consumption and Value Analysis
13.1.1 South America Geothermal Heat Pumps Market Under COVID-19
13.2 South America Geothermal Heat Pumps Consumption Volume by Types
13.3 South America Geothermal Heat Pumps Consumption Structure by Application
13.4 South America Geothermal Heat Pumps Consumption Volume by Major Countries
13.4.1 Brazil Geothermal Heat Pumps Consumption Volume from 2016 to 2021
13.4.2 Argentina Geothermal Heat Pumps Consumption Volume from 2016 to 2021
13.4.3 Columbia Geothermal Heat Pumps Consumption Volume from 2016 to 2021
13.4.4 Chile Geothermal Heat Pumps Consumption Volume from 2016 to 2021
13.4.5 Venezuela Geothermal Heat Pumps Consumption Volume from 2016 to 2021
13.4.6 Peru Geothermal Heat Pumps Consumption Volume from 2016 to 2021
13.4.7 Puerto Rico Geothermal Heat Pumps Consumption Volume from 2016 to 2021
13.4.8 Ecuador Geothermal Heat Pumps Consumption Volume from 2016 to 2021
Chapter 14 Company Profiles and Key Figures in Geothermal Heat Pumps Business
14.1 Bosch Thermotechnology
14.1.1 Bosch Thermotechnology Company Profile
14.1.2 Bosch Thermotechnology Geothermal Heat Pumps Product Specification
14.1.3 Bosch Thermotechnology Geothermal Heat Pumps Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.2 Carrier
14.2.1 Carrier Company Profile
14.2.2 Carrier Geothermal Heat Pumps Product Specification
14.2.3 Carrier Geothermal Heat Pumps Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.3 Vaillant
14.3.1 Vaillant Company Profile
14.3.2 Vaillant Geothermal Heat Pumps Product Specification
14.3.3 Vaillant Geothermal Heat Pumps Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.4 BDR Thermea
14.4.1 BDR Thermea Company Profile
14.4.2 BDR Thermea Geothermal Heat Pumps Product Specification
14.4.3 BDR Thermea Geothermal Heat Pumps Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.5 Modine
14.5.1 Modine Company Profile
14.5.2 Modine Geothermal Heat Pumps Product Specification
14.5.3 Modine Geothermal Heat Pumps Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.6 Nibe Industrier
14.6.1 Nibe Industrier Company Profile
14.6.2 Nibe Industrier Geothermal Heat Pumps Product Specification
14.6.3 Nibe Industrier Geothermal Heat Pumps Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.7 Mitsubishi Electric
14.7.1 Mitsubishi Electric Company Profile
14.7.2 Mitsubishi Electric Geothermal Heat Pumps Product Specification
14.7.3 Mitsubishi Electric Geothermal Heat Pumps Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.8 Viessmann
14.8.1 Viessmann Company Profile
14.8.2 Viessmann Geothermal Heat Pumps Product Specification
14.8.3 Viessmann Geothermal Heat Pumps Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.9 Trane
14.9.1 Trane Company Profile
14.9.2 Trane Geothermal Heat Pumps Product Specification
14.9.3 Trane Geothermal Heat Pumps Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.10 Stiebel Eltron
14.10.1 Stiebel Eltron Company Profile
14.10.2 Stiebel Eltron Geothermal Heat Pumps Product Specification
14.10.3 Stiebel Eltron Geothermal Heat Pumps Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.11 Danfoss Group
14.11.1 Danfoss Group Company Profile
14.11.2 Danfoss Group Geothermal Heat Pumps Product Specification
14.11.3 Danfoss Group Geothermal Heat Pumps Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.12 Weishaupt
14.12.1 Weishaupt Company Profile
14.12.2 Weishaupt Geothermal Heat Pumps Product Specification
14.12.3 Weishaupt Geothermal Heat Pumps Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.13 Swegon
14.13.1 Swegon Company Profile
14.13.2 Swegon Geothermal Heat Pumps Product Specification
14.13.3 Swegon Geothermal Heat Pumps Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.14 Wolf
14.14.1 Wolf Company Profile
14.14.2 Wolf Geothermal Heat Pumps Product Specification
14.14.3 Wolf Geothermal Heat Pumps Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.15 OCHSNER Warmepumpen
14.15.1 OCHSNER Warmepumpen Company Profile
14.15.2 OCHSNER Warmepumpen Geothermal Heat Pumps Product Specification
14.15.3 OCHSNER Warmepumpen Geothermal Heat Pumps Production Capacity, Revenue, Price and Gross Margin (2016-2021)
Chapter 15 Global Geothermal Heat Pumps Market Forecast (2022-2027)
15.1 Global Geothermal Heat Pumps Consumption Volume, Revenue and Price Forecast (2022-2027)
15.1.1 Global Geothermal Heat Pumps Consumption Volume and Growth Rate Forecast (2022-2027)
15.1.2 Global Geothermal Heat Pumps Value and Growth Rate Forecast (2022-2027)
15.2 Global Geothermal Heat Pumps Consumption Volume, Value and Growth Rate Forecast by Region (2022-2027)
15.2.1 Global Geothermal Heat Pumps Consumption Volume and Growth Rate Forecast by Regions (2022-2027)
15.2.2 Global Geothermal Heat Pumps Value and Growth Rate Forecast by Regions (2022-2027)
15.2.3 North America Geothermal Heat Pumps Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.4 East Asia Geothermal Heat Pumps Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.5 Europe Geothermal Heat Pumps Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.6 South Asia Geothermal Heat Pumps Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.7 Southeast Asia Geothermal Heat Pumps Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.8 Middle East Geothermal Heat Pumps Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.9 Africa Geothermal Heat Pumps Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.10 Oceania Geothermal Heat Pumps Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.11 South America Geothermal Heat Pumps Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.3 Global Geothermal Heat Pumps Consumption Volume, Revenue and Price Forecast by Type (2022-2027)
15.3.1 Global Geothermal Heat Pumps Consumption Forecast by Type (2022-2027)
15.3.2 Global Geothermal Heat Pumps Revenue Forecast by Type (2022-2027)
15.3.3 Global Geothermal Heat Pumps Price Forecast by Type (2022-2027)
15.4 Global Geothermal Heat Pumps Consumption Volume Forecast by Application (2022-2027)
15.5 Geothermal Heat Pumps Market Forecast Under COVID-19
Chapter 16 Conclusions
Research Methodology
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