Report Detail
Global Geothermal Heat Pump Market Insights, Forecast to 2025
- RnM3167404 |
- 22 March, 2019 |
- Global |
- 129 Pages |
- QYResearch |
- Machinery & Equipment
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.
The Geothermal Heat Pump market was valued at 3640 Million US$ in 2018 and is projected to reach 7420 Million US$ by 2025, at a CAGR of 10.7% during the forecast period. In this study, 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 presents the worldwide Geothermal Heat Pump market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Bosch Thermotechnology
Carrier
Vaillant
BDR Thermea
Modine
Nibe Industrier
Mitsubishi Electric
Viessmann
Trane
Stiebel Eltron
Danfoss Group
Weishaupt
Swegon
Wolf
OCHSNER Warmepumpen
Geothermal Heat Pump Breakdown Data by Type
Vertical Closed Loop
Horizontal Closed Loop
Open Loop
Others
Geothermal Heat Pump Breakdown Data by Application
Residential Buildings
Commercial Buildings
Geothermal Heat Pump Production by Region
United States
Europe
China
Japan
Other Regions
Geothermal Heat Pump Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Geothermal Heat Pump status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Geothermal Heat Pump manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Geothermal Heat Pump :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Geothermal Heat Pump market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Study Coverage
- 1.1 Geothermal Heat Pump Product
- 1.2 Key Market Segments in This Study
- 1.3 Key Manufacturers Covered
- 1.4 Market by Type
- 1.4.1 Global Geothermal Heat Pump Market Size Growth Rate by Type
- 1.4.2 Vertical Closed Loop
- 1.4.3 Horizontal Closed Loop
- 1.4.4 Open Loop
- 1.4.5 Others
- 1.5 Market by Application
- 1.5.1 Global Geothermal Heat Pump Market Size Growth Rate by Application
- 1.5.2 Residential Buildings
- 1.5.3 Commercial Buildings
- 1.6 Study Objectives
- 1.7 Years Considered
2 Executive Summary
- 2.1 Global Geothermal Heat Pump Market Size
- 2.1.1 Global Geothermal Heat Pump Revenue 2014-2025
- 2.1.2 Global Geothermal Heat Pump Production 2014-2025
- 2.2 Geothermal Heat Pump Growth Rate (CAGR) 2019-2025
- 2.3 Analysis of Competitive Landscape
- 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 2.3.2 Key Geothermal Heat Pump Manufacturers
- 2.3.2.1 Geothermal Heat Pump Manufacturing Base Distribution, Headquarters
- 2.3.2.2 Manufacturers Geothermal Heat Pump Product Offered
- 2.3.2.3 Date of Manufacturers Enter into Geothermal Heat Pump Market
- 2.4 Key Trends for Geothermal Heat Pump Markets & Products
3 Market Size by Manufacturers
- 3.1 Geothermal Heat Pump Production by Manufacturers
- 3.1.1 Geothermal Heat Pump Production by Manufacturers
- 3.1.2 Geothermal Heat Pump Production Market Share by Manufacturers
- 3.2 Geothermal Heat Pump Revenue by Manufacturers
- 3.2.1 Geothermal Heat Pump Revenue by Manufacturers (2014-2019)
- 3.2.2 Geothermal Heat Pump Revenue Share by Manufacturers (2014-2019)
- 3.3 Geothermal Heat Pump Price by Manufacturers
- 3.4 Mergers & Acquisitions, Expansion Plans
4 Geothermal Heat Pump Production by Regions
- 4.1 Global Geothermal Heat Pump Production by Regions
- 4.1.1 Global Geothermal Heat Pump Production Market Share by Regions
- 4.1.2 Global Geothermal Heat Pump Revenue Market Share by Regions
- 4.2 United States
- 4.2.1 United States Geothermal Heat Pump Production
- 4.2.2 United States Geothermal Heat Pump Revenue
- 4.2.3 Key Players in United States
- 4.2.4 United States Geothermal Heat Pump Import & Export
- 4.3 Europe
- 4.3.1 Europe Geothermal Heat Pump Production
- 4.3.2 Europe Geothermal Heat Pump Revenue
- 4.3.3 Key Players in Europe
- 4.3.4 Europe Geothermal Heat Pump Import & Export
- 4.4 China
- 4.4.1 China Geothermal Heat Pump Production
- 4.4.2 China Geothermal Heat Pump Revenue
- 4.4.3 Key Players in China
- 4.4.4 China Geothermal Heat Pump Import & Export
- 4.5 Japan
- 4.5.1 Japan Geothermal Heat Pump Production
- 4.5.2 Japan Geothermal Heat Pump Revenue
- 4.5.3 Key Players in Japan
- 4.5.4 Japan Geothermal Heat Pump Import & Export
- 4.6 Other Regions
- 4.6.1 South Korea
- 4.6.2 India
- 4.6.3 Southeast Asia
5 Geothermal Heat Pump Consumption by Regions
- 5.1 Global Geothermal Heat Pump Consumption by Regions
- 5.1.1 Global Geothermal Heat Pump Consumption by Regions
- 5.1.2 Global Geothermal Heat Pump Consumption Market Share by Regions
- 5.2 North America
- 5.2.1 North America Geothermal Heat Pump Consumption by Application
- 5.2.2 North America Geothermal Heat Pump Consumption by Countries
- 5.2.3 United States
- 5.2.4 Canada
- 5.2.5 Mexico
- 5.3 Europe
- 5.3.1 Europe Geothermal Heat Pump Consumption by Application
- 5.3.2 Europe Geothermal Heat Pump Consumption by Countries
- 5.3.3 Germany
- 5.3.4 France
- 5.3.5 UK
- 5.3.6 Italy
- 5.3.7 Russia
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific Geothermal Heat Pump Consumption by Application
- 5.4.2 Asia Pacific Geothermal Heat Pump Consumption by Countries
- 5.4.3 China
- 5.4.4 Japan
- 5.4.5 South Korea
- 5.4.6 India
- 5.4.7 Australia
- 5.4.8 Indonesia
- 5.4.9 Thailand
- 5.4.10 Malaysia
- 5.4.11 Philippines
- 5.4.12 Vietnam
- 5.5 Central & South America
- 5.5.1 Central & South America Geothermal Heat Pump Consumption by Application
- 5.5.2 Central & South America Geothermal Heat Pump Consumption by Country
- 5.5.3 Brazil
- 5.6 Middle East and Africa
- 5.6.1 Middle East and Africa Geothermal Heat Pump Consumption by Application
- 5.6.2 Middle East and Africa Geothermal Heat Pump Consumption by Countries
- 5.6.3 GCC Countries
- 5.6.4 Egypt
- 5.6.5 South Africa
6 Market Size by Type
- 6.1 Global Geothermal Heat Pump Production by Type
- 6.2 Global Geothermal Heat Pump Revenue by Type
- 6.3 Geothermal Heat Pump Price by Type
7 Market Size by Application
- 7.1 Overview
- 7.2 Global Geothermal Heat Pump Breakdown Dada by Application
- 7.2.1 Global Geothermal Heat Pump Consumption by Application
- 7.2.2 Global Geothermal Heat Pump Consumption Market Share by Application (2014-2019)
8 Manufacturers Profiles
- 8.1 Bosch Thermotechnology
- 8.1.1 Bosch Thermotechnology Company Details
- 8.1.2 Company Overview
- 8.1.3 Bosch Thermotechnology Geothermal Heat Pump Production Revenue and Gross Margin (2014-2019)
- 8.1.4 Bosch Thermotechnology Geothermal Heat Pump Product Description
- 8.1.5 Bosch Thermotechnology Recent Development
- 8.2 Carrier
- 8.2.1 Carrier Company Details
- 8.2.2 Company Overview
- 8.2.3 Carrier Geothermal Heat Pump Production Revenue and Gross Margin (2014-2019)
- 8.2.4 Carrier Geothermal Heat Pump Product Description
- 8.2.5 Carrier Recent Development
- 8.3 Vaillant
- 8.3.1 Vaillant Company Details
- 8.3.2 Company Overview
- 8.3.3 Vaillant Geothermal Heat Pump Production Revenue and Gross Margin (2014-2019)
- 8.3.4 Vaillant Geothermal Heat Pump Product Description
- 8.3.5 Vaillant Recent Development
- 8.4 BDR Thermea
- 8.4.1 BDR Thermea Company Details
- 8.4.2 Company Overview
- 8.4.3 BDR Thermea Geothermal Heat Pump Production Revenue and Gross Margin (2014-2019)
- 8.4.4 BDR Thermea Geothermal Heat Pump Product Description
- 8.4.5 BDR Thermea Recent Development
- 8.5 Modine
- 8.5.1 Modine Company Details
- 8.5.2 Company Overview
- 8.5.3 Modine Geothermal Heat Pump Production Revenue and Gross Margin (2014-2019)
- 8.5.4 Modine Geothermal Heat Pump Product Description
- 8.5.5 Modine Recent Development
- 8.6 Nibe Industrier
- 8.6.1 Nibe Industrier Company Details
- 8.6.2 Company Overview
- 8.6.3 Nibe Industrier Geothermal Heat Pump Production Revenue and Gross Margin (2014-2019)
- 8.6.4 Nibe Industrier Geothermal Heat Pump Product Description
- 8.6.5 Nibe Industrier Recent Development
- 8.7 Mitsubishi Electric
- 8.7.1 Mitsubishi Electric Company Details
- 8.7.2 Company Overview
- 8.7.3 Mitsubishi Electric Geothermal Heat Pump Production Revenue and Gross Margin (2014-2019)
- 8.7.4 Mitsubishi Electric Geothermal Heat Pump Product Description
- 8.7.5 Mitsubishi Electric Recent Development
- 8.8 Viessmann
- 8.8.1 Viessmann Company Details
- 8.8.2 Company Overview
- 8.8.3 Viessmann Geothermal Heat Pump Production Revenue and Gross Margin (2014-2019)
- 8.8.4 Viessmann Geothermal Heat Pump Product Description
- 8.8.5 Viessmann Recent Development
- 8.9 Trane
- 8.9.1 Trane Company Details
- 8.9.2 Company Overview
- 8.9.3 Trane Geothermal Heat Pump Production Revenue and Gross Margin (2014-2019)
- 8.9.4 Trane Geothermal Heat Pump Product Description
- 8.9.5 Trane Recent Development
- 8.10 Stiebel Eltron
- 8.10.1 Stiebel Eltron Company Details
- 8.10.2 Company Overview
- 8.10.3 Stiebel Eltron Geothermal Heat Pump Production Revenue and Gross Margin (2014-2019)
- 8.10.4 Stiebel Eltron Geothermal Heat Pump Product Description
- 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 Production Forecasts
- 9.1 Geothermal Heat Pump Production and Revenue Forecast
- 9.1.1 Global Geothermal Heat Pump Production Forecast 2019-2025
- 9.1.2 Global Geothermal Heat Pump Revenue Forecast 2019-2025
- 9.2 Geothermal Heat Pump Production and Revenue Forecast by Regions
- 9.2.1 Global Geothermal Heat Pump Revenue Forecast by Regions
- 9.2.2 Global Geothermal Heat Pump Production Forecast by Regions
- 9.3 Geothermal Heat Pump Key Producers Forecast
- 9.3.1 United States
- 9.3.2 Europe
- 9.3.3 China
- 9.3.4 Japan
- 9.4 Forecast by Type
- 9.4.1 Global Geothermal Heat Pump Production Forecast by Type
- 9.4.2 Global Geothermal Heat Pump Revenue Forecast by Type
10 Consumption Forecast
- 10.1 Geothermal Heat Pump Consumption Forecast by Application
- 10.2 Geothermal Heat Pump Consumption Forecast by Regions
- 10.3 North America Market Consumption Forecast
- 10.3.1 North America Geothermal Heat Pump Consumption Forecast by Regions 2019-2025
- 10.3.2 United States
- 10.3.3 Canada
- 10.3.4 Mexico
- 10.4 Europe Market Consumption Forecast
- 10.4.1 Europe Geothermal Heat Pump Consumption Forecast by Regions 2019-2025
- 10.4.2 Germany
- 10.4.3 France
- 10.4.4 UK
- 10.4.5 Italy
- 10.4.6 Russia
- 10.5 Asia Pacific Market Consumption Forecast
- 10.5.1 Asia Pacific Geothermal Heat Pump Consumption Forecast by Regions 2019-2025
- 10.5.2 China
- 10.5.3 Japan
- 10.5.4 South Korea
- 10.5.5 India
- 10.5.6 Australia
- 10.5.7 Indonesia
- 10.5.8 Thailand
- 10.5.9 Malaysia
- 10.5.10 Philippines
- 10.5.11 Vietnam
- 10.6 Central & South America Market Consumption Forecast
- 10.6.1 Central & South America Geothermal Heat Pump Consumption Forecast by Regions 2019-2025
- 10.6.2 Brazil
- 10.7 Middle East and Africa Market Consumption Forecast
- 10.7.1 Middle East and Africa Geothermal Heat Pump Consumption Forecast by Regions 2019-2025
- 10.7.2 GCC Countries
- 10.7.3 Egypt
- 10.7.4 South Africa
11 Value Chain and Sales Channels Analysis
- 11.1 Value Chain Analysis
- 11.2 Sales Channels Analysis
- 11.2.1 Geothermal Heat Pump Sales Channels
- 11.2.2 Geothermal Heat Pump Distributors
- 11.3 Geothermal Heat Pump Customers
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
- 12.1 Market Opportunities and Drivers
- 12.2 Market Challenges
- 12.3 Market Risks/Restraints
13 Key Findings in the Global Geothermal Heat Pump Study
14 Appendix
- 14.1 Research Methodology
- 14.1.1 Methodology/Research Approach
- 14.1.1.1 Research Programs/Design
- 14.1.1.2 Market Size Estimation
- 14.1.1.3 Market Breakdown and Data Triangulation
- 14.1.2 Data Source
- 14.1.2.1 Secondary Sources
- 14.1.2.2 Primary Sources
- 14.1.1 Methodology/Research Approach
- 14.2 Author Details
Summary:
Get latest Market Research Reports on Geothermal Heat Pump . Industry analysis & Market Report on Geothermal Heat Pump is a syndicated market report, published as Global Geothermal Heat Pump Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Geothermal Heat Pump market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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