Geothermal Heat Pumps (GHPs) Market Size By Application, Industry Analysis Report, Regional Outlook (Europe, North America, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
50003 | Date :
Jan, 2023 | Pages :
180 | Region : Global |
Publisher : RI
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 2030.
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.
The Global Geothermal Heat Pumps (GHPs) Market size was xxx million USD with a CAGR xx % from 2018-2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023-2030.
As the report focuses on global Geothermal Heat Pumps (GHPs) Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Bosch Thermotechnology
Carrier
Vaillant
BDR Thermea
Modine
Nibe Industrier
Mitsubishi Electric
Viessmann
Trane
Stiebel Eltron
Danfoss Group
Weishaupt
Swegon
Wolf
OCHSNER Warmepumpen
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Vertical Closed Loop
Horizontal Closed Loop
Open Loop
Others
In Market segmentation by applications :
Residential Buildings
Commercial Buildings
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Geothermal Heat Pumps (GHPs) Market for the forecast period 2023-2030?
• What are the driving forces in the Geothermal Heat Pumps (GHPs) Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Geothermal Heat Pumps (GHPs) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
Table of Contents
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Geothermal Heat Pumps (GHPs) Market Size Growth Rate by Type (2020-2030)
1.3.2 Vertical Closed Loop
1.3.3 Horizontal Closed Loop
1.3.4 Open Loop
1.3.5 Others
1.4 Market Segment by Application
1.4.1 Global Geothermal Heat Pumps (GHPs) Market Share by Application (2020-2030)
1.4.2 Residential Buildings
1.4.3 Commercial Buildings
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Geothermal Heat Pumps (GHPs) Production Value 2015-2030
2.1.2 Global Geothermal Heat Pumps (GHPs) Production 2015-2030
2.1.3 Global Geothermal Heat Pumps (GHPs) Capacity 2015-2030
2.1.4 Global Geothermal Heat Pumps (GHPs) Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2020-2030
2.2.1 Global Geothermal Heat Pumps (GHPs) Market Size CAGR of Key Regions
2.2.2 Global Geothermal Heat Pumps (GHPs) Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Geothermal Heat Pumps (GHPs) Capacity by Manufacturers
3.1.2 Global Geothermal Heat Pumps (GHPs) Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Geothermal Heat Pumps (GHPs) Revenue by Manufacturers (2018-2022)
3.2.2 Geothermal Heat Pumps (GHPs) Revenue Share by Manufacturers (2018-2022)
3.2.3 Global Geothermal Heat Pumps (GHPs) Market Concentration Ratio (CR5 and HHI)
3.3 Geothermal Heat Pumps (GHPs) Price by Manufacturers
3.4 Key Manufacturers Geothermal Heat Pumps (GHPs) Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Geothermal Heat Pumps (GHPs) Market
3.6 Key Manufacturers Geothermal Heat Pumps (GHPs) Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Vertical Closed Loop Production and Production Value (2018-2022)
4.1.2 Horizontal Closed Loop Production and Production Value (2018-2022)
4.1.3 Open Loop Production and Production Value (2018-2022)
4.1.4 Others Production and Production Value (2018-2022)
4.2 Global Geothermal Heat Pumps (GHPs) Production Market Share by Type
4.3 Global Geothermal Heat Pumps (GHPs) Production Value Market Share by Type
4.4 Geothermal Heat Pumps (GHPs) Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global Geothermal Heat Pumps (GHPs) Consumption by Application
6 Production by Regions
6.1 Global Geothermal Heat Pumps (GHPs) Production (History Data) by Regions 2015-2020
6.2 Global Geothermal Heat Pumps (GHPs) Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Geothermal Heat Pumps (GHPs) Production Growth Rate 2015-2020
6.3.2 United States Geothermal Heat Pumps (GHPs) Production Value Growth Rate 2015-2020
6.3.3 Key Players in United States
6.3.4 United States Geothermal Heat Pumps (GHPs) Import & Export
6.4 European Union
6.4.1 European Union Geothermal Heat Pumps (GHPs) Production Growth Rate 2015-2020
6.4.2 European Union Geothermal Heat Pumps (GHPs) Production Value Growth Rate 2015-2020
6.4.3 Key Players in European Union
6.4.4 European Union Geothermal Heat Pumps (GHPs) Import & Export
6.5 China
6.5.1 China Geothermal Heat Pumps (GHPs) Production Growth Rate 2015-2020
6.5.2 China Geothermal Heat Pumps (GHPs) Production Value Growth Rate 2015-2020
6.5.3 Key Players in China
6.5.4 China Geothermal Heat Pumps (GHPs) Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia
7 Geothermal Heat Pumps (GHPs) Consumption by Regions
7.1 Global Geothermal Heat Pumps (GHPs) Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Geothermal Heat Pumps (GHPs) Consumption by Type
7.2.2 United States Geothermal Heat Pumps (GHPs) Consumption by Application
7.3 European Union
7.3.1 European Union Geothermal Heat Pumps (GHPs) Consumption by Type
7.3.2 European Union Geothermal Heat Pumps (GHPs) Consumption by Application
7.4 China
7.4.1 China Geothermal Heat Pumps (GHPs) Consumption by Type
7.4.2 China Geothermal Heat Pumps (GHPs) Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Geothermal Heat Pumps (GHPs) Consumption by Type
7.5.2 Rest of World Geothermal Heat Pumps (GHPs) Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia
8 Company Profiles
8.1 Bosch Thermotechnology
8.1.1 Bosch Thermotechnology Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Geothermal Heat Pumps (GHPs)
8.1.4 Geothermal Heat Pumps (GHPs) Product Introduction
8.1.5 Bosch Thermotechnology Recent Development
8.2 Carrier
8.2.1 Carrier Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Geothermal Heat Pumps (GHPs)
8.2.4 Geothermal Heat Pumps (GHPs) Product Introduction
8.2.5 Carrier Recent Development
8.3 Vaillant
8.3.1 Vaillant Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Geothermal Heat Pumps (GHPs)
8.3.4 Geothermal Heat Pumps (GHPs) Product Introduction
8.3.5 Vaillant Recent Development
8.4 BDR Thermea
8.4.1 BDR Thermea Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Geothermal Heat Pumps (GHPs)
8.4.4 Geothermal Heat Pumps (GHPs) Product Introduction
8.4.5 BDR Thermea Recent Development
8.5 Modine
8.5.1 Modine Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Geothermal Heat Pumps (GHPs)
8.5.4 Geothermal Heat Pumps (GHPs) Product Introduction
8.5.5 Modine Recent Development
8.6 Nibe Industrier
8.6.1 Nibe Industrier Company Details
8.6.2 Company Description and Business Overview
8.6.3 Production and Revenue of Geothermal Heat Pumps (GHPs)
8.6.4 Geothermal Heat Pumps (GHPs) Product Introduction
8.6.5 Nibe Industrier Recent Development
8.7 Mitsubishi Electric
8.7.1 Mitsubishi Electric Company Details
8.7.2 Company Description and Business Overview
8.7.3 Production and Revenue of Geothermal Heat Pumps (GHPs)
8.7.4 Geothermal Heat Pumps (GHPs) Product Introduction
8.7.5 Mitsubishi Electric Recent Development
8.8 Viessmann
8.8.1 Viessmann Company Details
8.8.2 Company Description and Business Overview
8.8.3 Production and Revenue of Geothermal Heat Pumps (GHPs)
8.8.4 Geothermal Heat Pumps (GHPs) Product Introduction
8.8.5 Viessmann Recent Development
8.9 Trane
8.9.1 Trane Company Details
8.9.2 Company Description and Business Overview
8.9.3 Production and Revenue of Geothermal Heat Pumps (GHPs)
8.9.4 Geothermal Heat Pumps (GHPs) Product Introduction
8.9.5 Trane Recent Development
8.10 Stiebel Eltron
8.10.1 Stiebel Eltron Company Details
8.10.2 Company Description and Business Overview
8.10.3 Production and Revenue of Geothermal Heat Pumps (GHPs)
8.10.4 Geothermal Heat Pumps (GHPs) Product Introduction
8.10.5 Stiebel Eltron Recent Development
8.11 Danfoss Group
8.12 Weishaupt
8.13 Swegon
8.14 Wolf
8.15 OCHSNER Warmepumpen
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Geothermal Heat Pumps (GHPs) Capacity, Production Forecast 2020-2030
9.1.2 Global Geothermal Heat Pumps (GHPs) Production Value Forecast 2020-2030
9.2 Market Forecast by Regions
9.2.1 Global Geothermal Heat Pumps (GHPs) Production and Value Forecast by Regions 2020-2030
9.2.2 Global Geothermal Heat Pumps (GHPs) Consumption Forecast by Regions 2020-2030
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global Geothermal Heat Pumps (GHPs) Production Forecast by Type
9.7.2 Global Geothermal Heat Pumps (GHPs) Production Value Forecast by Type
9.8 Consumption Forecast by Application
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porters Five Forces Analysis
12 Key Findings
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
Research Methodology
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