Press release
Geothermal Heat Pumps (GHPs) Market Higher Mortality Rates by 2020
Request for Report Sample: https://www.persistencemarketresearch.com/samples/3517
On the basis of the major end user application of geothermal heat pumps, the market can be segmented in three broad categories namely domestic geothermal heat pump, commercial geothermal heat pump and industrial geothermal heat pump. Based on the technology used, the market is segmented as ground heat exchange, direct heat exchange, close loop system (vertical, horizontal, radial or directional and pond) and open loop system.
Among the major end user application segments, the domestic geothermal heat pump was the largest application segment whereas the close loop geothermal heat pump was the fasted growing market segment in 2013.
Request for Report TOC: https://www.persistencemarketresearch.com/toc/3517
The increasing concern of policy makers towards energy security, environmental sustainability, and trend towards bio-economy based development and well-being of the nation is driving the global geothermal heat pump market. Moreover geothermal heat pump provides lessen energy consumption and helpful in minimizing greenhouse gas (GHG) emissions which is further helping the market. Moreover, in long run geothermal water pump also offers cost benefits over the tradition water heater system.
High installation cost of geothermal heat pumps systems along with lack of consumer awareness or confidence in geothermal heat pump’s benefits is acting as major challenge in overall acceptance of this technology in major developing countries around the globe. Moreover lack of technological advancement and technique towards the cost and performance benefits of geothermal heat pump is limiting the market growth for geothermal heat pump.
Europe is the largest market of geothermal heat pump followed closely by North America and Asia Pacific. Country wise, Denmark Sweden and Switzerland are the largest market of geothermal heat pump in Europe. The U.S. accounted for the largest market share in geothermal heat pump market in North America in 2013. Asia Pacific is the fasted growing market fueled mainly by the growing demand of the geothermal technology in economically growing countries in this region such as China, Japan and India.
Some of the major companies operating in global agrochemicals market include, Alstom SA, Altarock Energy Inc., Baker Hughes Inc., Calpine Corp., Climatemaster Inc., Contact Energy Ltd., Exorka GmbH., Florida Heat Pumps., Geodynamics Ltd., Geoglobal Energy Llc., Magma Energy Corp., Nevada Geothermal Power Inc., and Water Furnace International Inc.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA,Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Geothermal Heat Pumps (GHPs) Market Higher Mortality Rates by 2020 here
News-ID: 1076888 • Views: …
More Releases from Persistence Market Research
Cable Cars and Ropeways Market Set to Reach US$ 9.7 Bn by 2032, Growing at 11.4% …
The Cable Cars and Ropeways Market has emerged as a critical component of modern transportation infrastructure, particularly in regions with challenging terrain, dense urban centers, and growing tourism activities. Cable cars and ropeways are transport systems equipped with installed cables, supported by one or two stationary ropes and powered by an operational rope for propulsion. Often referred to as elevated streetcars, these systems offer an efficient, sustainable, and space-saving alternative…
Automotive Tape Market to Reach US$ 5.6 Bn by 2033 as Key Players 3M, Avery Denn …
The automotive tape market has emerged as a critical enabler of modern vehicle manufacturing, driven by the industry's shift toward lightweight materials, advanced bonding solutions, and streamlined assembly processes. Automotive tapes are increasingly replacing traditional mechanical fasteners such as screws, bolts, and welds, offering superior bonding strength, vibration dampening, corrosion resistance, and enhanced aesthetic finishes. These functional advantages make automotive tapes indispensable across both interior and exterior vehicle applications, including…
Automotive DC-DC Converter Market to Reach US$ 22.7 Bn by 2032 as Key Players In …
The Automotive DC-DC Converter Market is undergoing a transformative phase as the global automotive industry rapidly pivots toward electrification, digitalization, and energy efficiency. Automotive DC-DC converters play a critical role in managing power distribution within vehicles by converting high-voltage battery power into low-voltage energy suitable for auxiliary systems such as infotainment, lighting, safety electronics, and control units. As modern vehicles integrate more electronic components, the need for efficient and compact…
Asia Pacific Polyol Esters Market Predicted to Hit US$ 2.8 Bn by 2032 Driven by …
Introduction: Setting the Stage for Polyol Ester Growth in Asia Pacific
The Asia Pacific polyol esters market is gaining remarkable momentum as industries increasingly seek high-performance, environmentally friendly, and thermally stable lubricant solutions. Polyol esters are synthetic or naturally derived esters widely used in refrigeration oils, aviation turbine oils, industrial lubricants, and automotive engine formulations. Their superior viscosity control, oxidation resistance, and biodegradability make them an ideal choice for modern industrial…
More Releases for Geothermal
Geothermal Heating Systems Market to See Thriving Worldwide | Trane Technologies …
HTF MI just released the Global Geothermal Heating Systems Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Giants in Geothermal Heating Systems Market are:
Trane Technologies (US),…
Geothermal Power Generation Geothermal Power Generation Industry Shows Massive i …
Geothermal energy is the natural heat produced in the deep Earth. Geothermal energy is obtained from the hot rocks present few miles deep into earth. It's clean and sustainable making it a renewable energy source which is constantly available. Center of the Earth has around the same temperatures as the sun's surface, 9932°F (5,500°C). Water is sent down the earth gets heated to form steam; a geothermal power plants use…
Geothermal Energy Market Key players in geothermal energy market are Ormat, Terr …
With the extensive global attempts to eliminate hazardous fuel emissions, geothermal energy market is on its way to establish itself as one of the most dynamically evolving energy markets of recent times. Geothermal energy, virtually considered the underdog among renewable energies, had been slightly lagging in development compared to the other forms of renewable energy, for a long time. With its commendable proliferation pertaining to the global requirement for electric…
Geothermal Energy Market a Comprehensive Analysis | Key Players - U.S. Geotherma …
Increasing energy demand from heating & cooling systems including ground source heat pump and district heating will positively drive the geothermal energy market. Favorable legislations to reduce GHG emissions will further stimulate demand. The EU has introduced several action plans and framework including Paris Climate agreement and 2030 climate and energy framework with an aim to reduce the emissions to 47% from 1990 level. Directive also focusses to increase sustainable…
Geothermal Energy Market Key players in the industry include U.S. Geothermal, Ex …
Increasing energy demand from heating & cooling systems including ground source heat pump and district heating will positively drive the geothermal energy market. Favorable legislations to reduce GHG emissions will further stimulate demand. The EU has introduced several action plans and framework including Paris Climate agreement and 2030 climate and energy framework with an aim to reduce the emissions to 47% from 1990 level. Directive also focusses to increase sustainable…
Global Geothermal Heat Pump Market 2017 : Carrier, Maritime Geothermal, York Geo …
A market study based on the "Geothermal Heat Pump Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Geothermal Heat Pump Market 2017’. The research report analyses the historical as well as present performance of the worldwide Geothermal Heat Pump industry, and makes predictions on the future status of Geothermal Heat Pump market on the basis of this analysis.
Get Free Sample Copy of Report…
