In 2019, the global Geothermal Heat Pump market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025. The Market report covers an in-depth description, size, share, key vendors, competitive scenario, and business strategy adopted by competitors along with their SWOT analysis, revenue, growth, and Five Forces Analysis.
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Some of the top companies that have been included in the report are:
Ageothermal heat pumporground source heat pump (GSHP) is a centralheatingand/or cooling system that transfersheatto or from the ground. It uses the earth all the time, without any intermittency, as aheatsource (in the winter) or aheatsink (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 global Geothermal Heat Pump market was 3640 million US$ in 2018 and is expected to 7420 million US$ by the end of 2025, growing at a CAGR of 10.7% between 2019 and 2025.
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Geothermal Heat Pump Market by Applications:
Geothermal Heat Pump Market by Types:
Geothermal Heat Pump Market Segment by Regions, regional analysis covers:
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Major Points from Table of Contents:1 Study Coverage1.1 Geothermal Heat Pump Product1.2 Market Segments1.3 Key Manufacturers Covered1.4 Market by Type1.4.1 Global Geothermal Heat Pump Market Size Growth Rate by Product1.5 Market by End User1.5.1 Global Geothermal Heat Pump Market Size Growth Rate by End User1.6 Study Objectives1.7 Years Considered2 Executive Summary2.1 Global Geothermal Heat Pump Market Size2.1.1 Global Geothermal Heat Pump Revenue 2014-20252.1.2 Global Geothermal Heat Pump Sales 2014-20252.2 Geothermal Heat Pump Growth Rate by Regions2.2.1 Global Geothermal Heat Pump Sales by Regions2.2.2 Global Geothermal Heat Pump Revenue by Regions3 Breakdown Data by Manufacturers3.1 Geothermal Heat Pump Sales by Manufacturers3.1.1 Geothermal Heat Pump Sales by Manufacturers3.1.2 Geothermal Heat Pump Sales Market Share by Manufacturers3.1.3 Global Geothermal Heat Pump Market Concentration Ratio (CR5 and HHI)3.2 Geothermal Heat Pump Revenue by Manufacturers3.2.1 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 Manufacturers3.4 Geothermal Heat Pump Manufacturing Base Distribution, Product Types3.4.1 Geothermal Heat Pump Manufacturers Manufacturing Base Distribution, Headquarters3.4.2 Manufacturers Geothermal Heat Pump Product Type3.4.3 Date of International Manufacturers Enter into Geothermal Heat Pump Market3.5 Manufacturers Mergers and Acquisitions, Expansion Plans4 Breakdown Data by Product4.1 Global Geothermal Heat Pump Sales by Product4.2 Global Geothermal Heat Pump Revenue by Product4.3 Geothermal Heat Pump Price by Product5 Breakdown Data by End User5.1 Overview5.2 Global Geothermal Heat Pump Breakdown Data by End User6 North America6.1 North America Geothermal Heat Pump by Countries6.1.1 North America Geothermal Heat Pump Sales by Countries6.1.2 North America Geothermal Heat Pump Revenue by Countries6.1.3 United States6.1.4 Canada6.1.5 Mexico6.2 North America Geothermal Heat Pump by Product6.3 North America Geothermal Heat Pump by End User7 Europe7.1 Europe Geothermal Heat Pump by Countries7.1.1 Europe Geothermal Heat Pump Sales by Countries7.1.2 Europe Geothermal Heat Pump Revenue by Countries7.1.3 Germany7.1.4 France7.1.5 UK7.1.6 Italy7.1.7 Russia7.2 Europe Geothermal Heat Pump by Product7.3 Europe Geothermal Heat Pump by End User8 Asia Pacific8.1 Asia Pacific Geothermal Heat Pump by Countries8.1.1 Asia Pacific Geothermal Heat Pump Sales by Countries8.1.2 Asia Pacific Geothermal Heat Pump Revenue by Countries8.1.3 China8.1.4 Japan8.1.5 Korea8.1.6 India8.1.7 Australia8.1.8 Indonesia8.1.9 Malaysia8.1.10 Philippines8.1.11 Thailand8.1.12 Vietnam8.1.13 Singapore8.2 Asia Pacific Geothermal Heat Pump by Product8.3 Asia Pacific Geothermal Heat Pump by End User9 Central and South America9.1 Central and South America Geothermal Heat Pump by Countries9.1.1 Central and South America Geothermal Heat Pump Sales by Countries9.1.2 Central and South America Geothermal Heat Pump Revenue by Countries9.1.3 Brazil9.2 Central and South America Geothermal Heat Pump by Product9.3 Central and South America Geothermal Heat Pump by End User10 Middle East and Africa10.1 Middle East and Africa Geothermal Heat Pump by Countries10.1.1 Middle East and Africa Geothermal Heat Pump Sales by Countries10.1.2 Middle East and Africa Geothermal Heat Pump Revenue by Countries10.1.3 GCC Countries10.1.4 Turkey10.1.5 Egypt10.1.6 South Africa10.2 Middle East and Africa Geothermal Heat Pump by Product10.3 Middle East and Africa Geothermal Heat Pump by End User
11 Company Profiles
12 Future Forecast12.1 Geothermal Heat Pump Market Forecast by Regions12.1.1 Global Geothermal Heat Pump Sales Forecast by Regions 2019-202512.1.2 Global Geothermal Heat Pump Revenue Forecast by Regions 2019-202512.2 Geothermal Heat Pump Market Forecast by Product12.2.1 Global Geothermal Heat Pump Sales Forecast by Product 2019-202512.2.2 Global Geothermal Heat Pump Revenue Forecast by Product 2019-202512.3 Geothermal Heat Pump Market Forecast by End User12.4 North America Geothermal Heat Pump Forecast12.5 Europe Geothermal Heat Pump Forecast12.6 Asia Pacific Geothermal Heat Pump Forecast12.7 Central and South America Geothermal Heat Pump Forecast12.8 Middle East and Africa Geothermal Heat Pump Forecast13 Market Opportunities, Challenges, Risks and Influences Factors Analysis13.1 Market Opportunities and Drivers13.2 Market Challenges13.3 Market Risks/Restraints13.4 Macroscopic Indicators14 Value Chain and Sales Channels Analysis14.1 Value Chain Analysis14.2 Geothermal Heat Pump Customers14.3 Sales Channels Analysis14.3.1 Sales Channels14.3.2 Distributors15 Research Findings and Conclusion16 Appendix16.1 Research Methodology16.1.1 Methodology/Research Approach16.1.2 Data Source16.2 Author Details16.3 Disclaimer
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