Abstract, Snapshot, Market Analysis & Market Definition: World Geothermal Heat Pump Market
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 2018 was valued over USD 3 billion and the annual installation is projected to exceed 873 thousand units by 2025. In 2019, the market size of Geothermal Heat Pump is 4025.4 million US$ and it will reach 8221.3 million US$ in 2025, growing at a CAGR of 10.7% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Geothermal Heat Pump. This report studies the global market size of Geothermal Heat Pump, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India, and Southeast Asia). This study presents the Geothermal Heat Pump production, revenue, market share, and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019
Market Segmentation, Outlook & Viewpoint: World Geothermal Heat Pump Market
Segmentation by Product Type: Breakdown of data from the year 2014 to 2019 and forecast until 2025: Vertical Closed Loop
Horizontal Closed Loop
Open Loop
Others
Segmentation by Application: Breakdown of data from the year 2014 to 2019 and forecast until 2025:
Residential Buildings
Commercial Buildings
Top Companies & Key Players: World Geothermal Heat Pump Market
Bosch Thermotechnology
Carrier
Vaillant
BDR Thermea
Modine
Nibe Industrier
Mitsubishi Electric
Viessmann
Trane
Stiebel Eltron
Danfoss Group
Weishaupt
Swegon
Wolf
OCHSNER Warmepumpen
Key Insights Covered: World Geothermal Heat Pump Market
1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue, and growth rate) of Geothermal Heat Pump industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate, and gross margin) of Geothermal Heat Pump industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue, and growth rate) of Geothermal Heat Pump industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Geothermal Heat Pump industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Geothermal Heat Pump industry.
Research Methodology: Global Geothermal Heat Pump Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.