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Geothermal Heat Pumps Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2023 to 2031

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    Report

  • 117 Pages
  • January 2023
  • Region: Global
  • Acute Market Reports
  • ID: 5753142
Description Jump to:
Geothermal heat pumps are most suitable and advanced platform to transfer heat directly to/from the ground. Global geothermal heat pumps market is expected to witness significant growth on account of rising demand for cost-effective energy solutions for air conditioning and heating concern. Low maintenance cost and full automation of geothermal heat pumps are also expected to contribute towards the global market growth over the forecast period. Additionally, these heat pumps can cut energy bills by up to 65% compared to traditional heating, ventilation and air conditioning units is one of the major factors simulate the market growth.

Cost effective geothermal heat pump is a significant advancement to conventional cooling and heating systems, thus observed significant penetration globally. Geothermal heat pump offers pollution free air and no cost fluctuations determined by gas and oil prices can gradually rise the market demand. Additionally, higher efficiency and lesser noise generation are expected to serve as high impact rendering factors for the geothermal heat pumps market growth. However, high initial cost sets a major challenge for geothermal heat pumps market. Favorable government initiatives including financial support, subsidies and tax-free installation, offers viable market for geothermal heat pumps across the globe.

Geothermal heat pump (GHP) market is segmented, by installation type, into closed and open loop. GHP market is dominantly covered especially by closed loop GHP system over open loop GHP systems owing to less water consumption. Closed loop geothermal heat pump market is further segmented into vertical, horizontal and pond GHP systems. However, Vertical installation is preferred over horizontal, considering its less space requirement. Hybrid heat pump adds complexity to the system, thus creates unique challenge for open loop geothermal heat pumps market.

North America is the largest regional market for geothermal heat pumps where the demand for renewable energy resources is increasing exponentially. Growing focus on development of renewable energy is expected to drive geothermal heat pumps market in china in following years. Canada has got considerable rise in demand for geothermal heat pumps owing to the incentives offered by Canadian government. Similarly, rising industrialization along with rising disposable incomes makes Latin America, potential market for geothermal heat pump.

Major restraint of geothermal heat pumps market:

  • High initial costs
  • Space constraints in urban areas
  • Limited production volumes leads to higher cost
  • Limited number of trained installers
  • Low market awareness among consumer
  • Environment regulations in some region restrict ground water re-injection
Key players identified in global geothermal heat pump market include but are not limited to: Climatemaster Inc., Energy Star, Mississippi Power Company, Bryant Heating and Cooling Systems, Bosch Thermotechnik GmbH, Water Furnace International Ltd., GeoMaster LLC, Danfoss Heat Pumps U.K., Florida Heat Pump Manufacturing, Kensa Heat Pumps Ltd. and Others.

Historical & Forecast Period

This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. Key data points that enables the estimation of Geothermal Heat Pumps market are as follows:
  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Geothermal Heat Pumps market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Component

  • Ground Heat Exchanger
  • Heat pump unit
  • Air compressor
  • Air delivery system

Applications

  • Residential sector
  • Commercial sector

Installation Type

  • Open loop system
    • Hybrid system
  • Closed loop system
    • Horizontal system
    • Vertical system
    • Pond/lack system

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Geothermal Heat Pumps market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2031.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Geothermal Heat Pumps market?
  • Which is the largest regional market for Geothermal Heat Pumps market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Geothermal Heat Pumps market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Geothermal Heat Pumps market worldwide?


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Table of Contents

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted

2. Executive Summary
2.1. Market Snapshot: Global Geothermal Heat Pumps Market
2.2. Global Geothermal Heat Pumps Market, By Component, 2022 (US$ Million)
2.3. Global Geothermal Heat Pumps Market, By Applications, 2022 (US$ Million)
2.4. Global Geothermal Heat Pumps Market, By Installation Type, 2022 (US$ Million)
2.5. Global Geothermal Heat Pumps Market, By Geography, 2022 (US$ Million)
2.6. Attractive Investment Proposition by Geography, 2022

3. Geothermal Heat Pumps Market: Competitive Analysis
3.1. Market Positioning of Key Geothermal Heat Pumps Market Vendors
3.2. Strategies Adopted by Geothermal Heat Pumps Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2022 Versus 2031

4. Geothermal Heat Pumps Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Geothermal Heat Pumps Market Value, 2021 - 2031, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis

5. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2022 Versus 2031
5.3. Market Segmentation
5.3.1. Ground Heat Exchanger
5.3.2. Heat pump unit
5.3.3. Air compressor
5.3.4. Air delivery system

6. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2022 Versus 2031
6.3. Market Segmentation
6.3.1. Residential sector
6.3.2. Commercial sector

7. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
7.1. Market Overview
7.2. Growth & Revenue Analysis: 2022 Versus 2031
7.3. Market Segmentation
7.3.1. Open loop system
7.3.1.1. Hybrid system
7.3.2. Closed loop system
7.3.2.1. Horizontal system
7.3.2.2. Vertical system
7.3.2.3. Pond/lack system

8. North America Geothermal Heat Pumps Market, 2021-2031, USD (Million)
8.1. Market Overview
8.2. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
8.3. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
8.4. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
8.5.Geothermal Heat Pumps Market: By Region, 2021-2031, USD (Million)
8.5.1.North America
8.5.1.1. U.S.
8.5.1.1.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
8.5.1.1.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
8.5.1.1.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
8.5.1.2. Canada
8.5.1.2.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
8.5.1.2.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
8.5.1.2.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
8.5.1.3. Rest of North America
8.5.1.3.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
8.5.1.3.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
8.5.1.3.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)

9. UK and European Union Geothermal Heat Pumps Market, 2021-2031, USD (Million)
9.1. Market Overview
9.2. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
9.3. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
9.4. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
9.5.Geothermal Heat Pumps Market: By Region, 2021-2031, USD (Million)
9.5.1.UK and European Union
9.5.1.1. UK
9.5.1.1.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
9.5.1.1.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
9.5.1.1.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
9.5.1.2. Germany
9.5.1.2.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
9.5.1.2.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
9.5.1.2.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
9.5.1.3. Spain
9.5.1.3.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
9.5.1.3.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
9.5.1.3.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
9.5.1.4. Italy
9.5.1.4.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
9.5.1.4.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
9.5.1.4.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
9.5.1.5. France
9.5.1.5.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
9.5.1.5.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
9.5.1.5.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
9.5.1.6. Rest of Europe
9.5.1.6.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
9.5.1.6.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
9.5.1.6.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)

10. Asia Pacific Geothermal Heat Pumps Market, 2021-2031, USD (Million)
10.1. Market Overview
10.2. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
10.3. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
10.4. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
10.5.Geothermal Heat Pumps Market: By Region, 2021-2031, USD (Million)
10.5.1.Asia Pacific
10.5.1.1. China
10.5.1.1.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
10.5.1.1.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
10.5.1.1.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
10.5.1.2. Japan
10.5.1.2.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
10.5.1.2.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
10.5.1.2.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
10.5.1.3. India
10.5.1.3.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
10.5.1.3.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
10.5.1.3.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
10.5.1.4. Australia
10.5.1.4.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
10.5.1.4.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
10.5.1.4.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
10.5.1.5. South Korea
10.5.1.5.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
10.5.1.5.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
10.5.1.5.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
10.5.1.6. Rest of Asia Pacific
10.5.1.6.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
10.5.1.6.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
10.5.1.6.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)

11. Latin America Geothermal Heat Pumps Market, 2021-2031, USD (Million)
11.1. Market Overview
11.2. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
11.3. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
11.4. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
11.5.Geothermal Heat Pumps Market: By Region, 2021-2031, USD (Million)
11.5.1.Latin America
11.5.1.1. Brazil
11.5.1.1.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
11.5.1.1.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
11.5.1.1.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
11.5.1.2. Mexico
11.5.1.2.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
11.5.1.2.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
11.5.1.2.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
11.5.1.3. Rest of Latin America
11.5.1.3.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
11.5.1.3.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
11.5.1.3.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)

12. Middle East and Africa Geothermal Heat Pumps Market, 2021-2031, USD (Million)
12.1. Market Overview
12.2. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
12.3. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
12.4. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
12.5.Geothermal Heat Pumps Market: By Region, 2021-2031, USD (Million)
12.5.1.Middle East and Africa
12.5.1.1. GCC
12.5.1.1.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
12.5.1.1.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
12.5.1.1.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
12.5.1.2. Africa
12.5.1.2.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
12.5.1.2.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
12.5.1.2.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)
12.5.1.3. Rest of Middle East and Africa
12.5.1.3.1. Geothermal Heat Pumps Market: By Component, 2021-2031, USD (Million)
12.5.1.3.1. Geothermal Heat Pumps Market: By Applications, 2021-2031, USD (Million)
12.5.1.3.1. Geothermal Heat Pumps Market: By Installation Type, 2021-2031, USD (Million)

13. Company Profiles
13.1. Stiebel Eltron Ingersoll Rand (Trane)
13.1.1. Company Overview
13.1.2. Financial Performance
13.1.3. Product Portfolio
13.1.4. Strategic Initiatives
13.2. Vaillant Group
13.2.1. Company Overview
13.2.2. Financial Performance
13.2.3. Product Portfolio
13.2.4. Strategic Initiatives
13.3. Viessmann
13.3.1. Company Overview
13.3.2. Financial Performance
13.3.3. Product Portfolio
13.3.4. Strategic Initiatives
13.4. Glen Dimplex
13.4.1. Company Overview
13.4.2. Financial Performance
13.4.3. Product Portfolio
13.4.4. Strategic Initiatives
13.5. Daikin
13.5.1. Company Overview
13.5.2. Financial Performance
13.5.3. Product Portfolio
13.5.4. Strategic Initiatives
13.6. NIBE
13.6.1. Company Overview
13.6.2. Financial Performance
13.6.3. Product Portfolio
13.6.4. Strategic Initiatives
13.7. Carrier
13.7.1. Company Overview
13.7.2. Financial Performance
13.7.3. Product Portfolio
13.7.4. Strategic Initiatives
13.8. Climate
13.8.1. Company Overview
13.8.2. Financial Performance
13.8.3. Product Portfolio
13.8.4. Strategic Initiatives
13.9. Master, Inc.
13.9.1. Company Overview
13.9.2. Financial Performance
13.9.3. Product Portfolio
13.9.4. Strategic Initiatives
13.10. Bard HVAC
13.10.1. Company Overview
13.10.2. Financial Performance
13.10.3. Product Portfolio
13.10.4. Strategic Initiatives
13.11. Spectrum Manufacturing
13.11.1. Company Overview
13.11.2. Financial Performance
13.11.3. Product Portfolio
13.11.4. Strategic Initiatives
13.12. Dandelion
13.12.1. Company Overview
13.12.2. Financial Performance
13.12.3. Product Portfolio
13.12.4. Strategic Initiatives
13.13. Robert Bosch LLC
13.13.1. Company Overview
13.13.2. Financial Performance
13.13.3. Product Portfolio
13.13.4. Strategic Initiatives
13.14. Maritime Geothermal
13.14.1. Company Overview
13.14.2. Financial Performance
13.14.3. Product Portfolio
13.14.4. Strategic Initiatives
13.15. OCHSNER
13.15.1. Company Overview
13.15.2. Financial Performance
13.15.3. Product Portfolio
13.15.4. Strategic Initiatives
13.16. Others
13.16.1. Company Overview
13.16.2. Financial Performance
13.16.3. Product Portfolio
13.16.4. Strategic Initiatives

List of Figures
FIG. 1 Global Geothermal Heat Pumps Market: Market Coverage
FIG. 2 Research Methodology and Data Sources
FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
FIG. 4 Global Geothermal Heat Pumps Market: Quality Assurance
FIG. 5 Global Geothermal Heat Pumps Market, By Component, 2022
FIG. 6 Global Geothermal Heat Pumps Market, By Applications, 2022
FIG. 7 Global Geothermal Heat Pumps Market, By Installation Type, 2022
FIG. 8 Global Geothermal Heat Pumps Market, By Geography, 2022
FIG. 9 Market Geographical Opportunity Matrix - Global Geothermal Heat Pumps Market, 2022
FIG. 10 Market Positioning of Key Geothermal Heat Pumps Market Players, 2022
FIG. 11 Global Geothermal Heat Pumps Market - Tier Analysis - Percentage of Revenues by Tier Level, 2022 Versus 2031
FIG. 12 Global Geothermal Heat Pumps Market, By Component, 2022 Vs 2031, %
FIG. 13 Global Geothermal Heat Pumps Market, By Applications, 2022 Vs 2031, %
FIG. 14 Global Geothermal Heat Pumps Market, By Installation Type, 2022 Vs 2031, %
FIG. 15 U.S. Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 16 Canada Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 17 Rest of North America Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 18 UK Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 19 Germany Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 20 Spain Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 21 Italy Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 22 France Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 23 Rest of Europe Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 24 China Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 25 Japan Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 26 India Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 27 Australia Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 28 South Korea Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 29 Rest of Asia Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 30 Brazil Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 31 Mexico Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 32 Rest of Latin America Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 33 GCC Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 34 Africa Geothermal Heat Pumps Market (US$ Million), 2021 - 2031
FIG. 35 Rest of Middle East and Africa Geothermal Heat Pumps Market (US$ Million), 2021 - 2031

List of Tables
TABLE 1 Global Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 2 Global Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 3 Global Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 4 Global Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 5 Global Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 6 North America Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 7 North America Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 8 North America Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 9 North America Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 10 North America Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 11 U.S. Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 12 U.S. Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 13 U.S. Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 14 U.S. Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 15 U.S. Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 16 Canada Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 17 Canada Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 18 Canada Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 19 Canada Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 20 Canada Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 21 Rest of North America Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 22 Rest of North America Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 23 Rest of North America Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 24 Rest of North America Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 25 Rest of North America Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 26 UK and European Union Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 27 UK and European Union Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 28 UK and European Union Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 29 UK and European Union Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 30 UK and European Union Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 31 UK Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 32 UK Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 33 UK Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 34 UK Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 35 UK Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 36 Germany Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 37 Germany Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 38 Germany Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 39 Germany Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 40 Germany Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 41 Spain Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 42 Spain Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 43 Spain Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 44 Spain Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 45 Spain Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 46 Italy Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 47 Italy Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 48 Italy Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 49 Italy Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 50 Italy Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 51 France Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 52 France Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 53 France Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 54 France Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 55 France Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 56 Rest of Europe Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 57 Rest of Europe Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 58 Rest of Europe Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 59 Rest of Europe Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 60 Rest of Europe Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 61 Asia Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 62 Asia Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 63 Asia Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 64 Asia Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 65 Asia Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 66 China Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 67 China Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 68 China Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 69 China Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 70 China Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 71 Japan Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 72 Japan Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 73 Japan Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 74 Japan Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 75 Japan Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 76 India Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 77 India Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 78 India Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 79 India Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 80 India Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 81 Australia Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 82 Australia Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 83 Australia Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 84 Australia Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 85 Australia Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 86 South Korea Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 87 South Korea Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 88 South Korea Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 89 South Korea Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 90 South Korea Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 91 Latin America Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 92 Latin America Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 93 Latin America Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 94 Latin America Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 95 Latin America Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 96 Brazil Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 97 Brazil Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 98 Brazil Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 99 Brazil Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 100 Brazil Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 101 Mexico Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 102 Mexico Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 103 Mexico Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 104 Mexico Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 105 Mexico Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 106 Rest of Latin America Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 107 Rest of Latin America Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 108 Rest of Latin America Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 109 Rest of Latin America Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 110 Rest of Latin America Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 111 Middle East and Africa Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 112 Middle East and Africa Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 113 Middle East and Africa Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 114 Middle East and Africa Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 115 Middle East and Africa Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 116 GCC Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 117 GCC Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 118 GCC Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 119 GCC Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 120 GCC Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 121 Africa Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 122 Africa Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 123 Africa Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 124 Africa Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 125 Africa Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)
TABLE 126 Rest of Middle East and Africa Geothermal Heat Pumps Market By Component, 2021-2031, USD (Million)
TABLE 127 Rest of Middle East and Africa Geothermal Heat Pumps Market By Applications, 2021-2031, USD (Million)
TABLE 128 Rest of Middle East and Africa Geothermal Heat Pumps Market By Installation Type, 2021-2031, USD (Million)
TABLE 129 Rest of Middle East and Africa Geothermal Heat Pumps Market By Open loop system, 2021-2031, USD (Million)
TABLE 130 Rest of Middle East and Africa Geothermal Heat Pumps Market By Closed loop system, 2021-2031, USD (Million)

Companies Mentioned

  • Stiebel Eltron
  • Ingersoll Rand (Trane)
  • Vaillant Group
  • Viessmann
  • Glen Dimplex
  • Daikin
  • NIBE
  • Carrier
  • Climate, Master, Inc.
  • Bard HVAC
  • Spectrum Manufacturing
  • Dandelion
  • Robert Bosch LLC
  • Maritime Geothermal
  • OCHSNER

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