Press release
Global Geothermal Heat Pump Market: Carrier Corporation, Danfoss, Mitsubishi Electric, NIBE
This report studies the global Geothermal Heat Pump market status and forecast, categorizes the global Geothermal Heat Pump market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
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.
The soaring prices of oil and electricity in various parts of the world have stimulated the demand for low-cost alternatives such as geothermal system. The high installation cost of a geothermal system is a key factor limiting the uptake of these pumps. Nevertheless, several end-users are gradually recognizing the long-term benefits of the system, which is expected to unlock numerous exciting opportunities for market players.
EMEA dominates the geothermal heat pump market during the forecast period. The global dominance in the construction and manufacturing sectors is the primary reason contributing to the growth of the geothermal heat pump market in the region.
The global Geothermal Heat Pump market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
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The major manufacturers covered in this report
Carrier Corporation
Danfoss
Mitsubishi Electric
NIBE
BDR Thermea
Bosch Thermotechnology
CIAT
Hitachi Appliances
LSB Industries
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
Turkey
Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Open Loop
Closed Loop
By Application, the market can be split into
Residential
Government Center
Office Buildings
Educational Institutes
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The study objectives of this report are:
To analyze and study the global Geothermal Heat Pump capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Geothermal Heat Pump manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Geothermal Heat Pump are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Geothermal Heat Pump Manufacturers
Geothermal Heat Pump Distributors/Traders/Wholesalers
Geothermal Heat Pump Subcomponent Manufacturers
Industry Association
Downstream Vendors
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Geothermal Heat Pump market, by end-use.
Detailed analysis and profiles of additional market players.
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