Geothermal Heat Pump Market worth 6020 Million US$ by 2024 with a CAGR of 10.6%

Geothermal Heat Pump Market research report 2019-2024 presents a comprehensive study of the Geothermal Heat Pump Market in Global Industry. 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). This report presents a comprehensive overview, market shares, and growth opportunities of Geothermal Heat Pump market by product type, application, key manufacturers and key regions and countries.

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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.

Geothermal Heat Pump Market Top Key Players:
- Bosch Thermotechnology
- Carrier
- Vaillant
- BDR Thermea
- Modine
- Nibe Industrier
- Mitsubishi Electric
- Viessmann
- Trane
- Stiebel Eltron
- Danfoss Group
- Weishaupt
- Swegon
- Wolf
- OCHSNER Warmepumpen and others…

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Segmentation by product type:
- Vertical Closed Loop
- Horizontal Closed Loop
- Open Loop
- Others
Segmentation by application:
- Residential Buildings
- Commercial Buildings

This report also splits the market by region:
- Americas: United States, Canada, Mexico, Brazil
- APAC: China, Japan, Korea, Southeast Asia, India, Australia
- Europe: Germany, France, UK, Italy, Russia, Spain
- Middle East & Africa: Egypt, South Africa, Israel, Turkey, GCC Countries

Research Objectives of The Report:
1) To study and analyse the global Geothermal Heat Pump market size by key regions/countries, product type and application.
2) To understand the structure of Geothermal Heat Pump market by identifying its various sub segments.
3) Focuses on the key global Geothermal Heat Pump key players, to define, describe and analyse the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
4) To analyse the Geothermal Heat Pump market with respect to individual growth trends, future prospects, and their contribution to the total market.
5) To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
6) To project the size of Geothermal Heat Pump submarkets, with respect to key regions (along with their respective key countries).
7) To analyse competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
8) To strategically profile the key players and comprehensively analyse their growth strategies.

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Table of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Geothermal Heat Pump Consumption 2014-2024
2.1.2 Geothermal Heat Pump Consumption CAGR by Region
2.2 Geothermal Heat Pump Segment by Type
2.2.1 Vertical Closed Loop
2.2.2 Horizontal Closed Loop
2.2.3 Open Loop
2.2.4 Others
2.3 Geothermal Heat Pump Consumption by Type and others…

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This release was published on openPR.