Press release
Global Geothermal Heat Pump Market Size Brief Analysis by Top Key Players - Bosch Thermotechnology, Carrier, Vaillant, BDR Thermea, Modine, Nibe Industrier, Mitsubishi Electric, Viessmann, Trane, Stiebel Eltron, Danfoss Group, Weishaupt, Swegon, Wolf, OCH
According to this study, over the next five years the Geothermal Heat Pump market will register a 10.6% CAGR in terms of revenue, the global market size will reach US$ 6020 million by 2024, from US$ 3640 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Geothermal Heat Pump business, shared in Chapter 3.
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).
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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 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.
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.
This study considers the Geothermal Heat Pump value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Vertical Closed Loop
Horizontal Closed Loop
Open Loop
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential Buildings
Commercial Buildings
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
APAC
Europe
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Bosch Thermotechnology
Carrier
Vaillant
BDR Thermea
Modine
Nibe Industrier
Mitsubishi Electric
Viessmann
Trane
Stiebel Eltron
Danfoss Group
Weishaupt
Swegon
Wolf
OCHSNER Warmepumpen
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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Research objectives
To study and analyze the global Geothermal Heat Pump consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Geothermal Heat Pump market by identifying its various subsegments.
Focuses on the key global Geothermal Heat Pump manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Geothermal Heat Pump with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Geothermal Heat Pump submarkets, with respect to key regions (along with their respective key countries).
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.
Table of Contents
2019-2024 Global Geothermal Heat Pump Consumption Market Report
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
2.3.1 Global Geothermal Heat Pump Consumption Market Share by Type (2014-2019)
2.3.2 Global Geothermal Heat Pump Revenue and Market Share by Type (2014-2019)
2.3.3 Global Geothermal Heat Pump Sale Price by Type (2014-2019)
2.4 Geothermal Heat Pump Segment by Application
2.4.1 Residential Buildings
2.4.2 Commercial Buildings
2.5 Geothermal Heat Pump Consumption by Application
2.5.1 Global Geothermal Heat Pump Consumption Market Share by Application (2014-2019)
2.5.2 Global Geothermal Heat Pump Value and Market Share by Application (2014-2019)
2.5.3 Global Geothermal Heat Pump Sale Price by Application (2014-2019)
3 Global Geothermal Heat Pump by Players
3.1 Global Geothermal Heat Pump Sales Market Share by Players
3.1.1 Global Geothermal Heat Pump Sales by Players (2017-2019)
3.1.2 Global Geothermal Heat Pump Sales Market Share by Players (2017-2019)
3.2 Global Geothermal Heat Pump Revenue Market Share by Players
3.2.1 Global Geothermal Heat Pump Revenue by Players (2017-2019)
3.2.2 Global Geothermal Heat Pump Revenue Market Share by Players (2017-2019)
3.3 Global Geothermal Heat Pump Sale Price by Players
3.4 Global Geothermal Heat Pump Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Geothermal Heat Pump Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Geothermal Heat Pump Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Geothermal Heat Pump by Regions
4.1 Geothermal Heat Pump by Regions
4.1.1 Global Geothermal Heat Pump Consumption by Regions
4.1.2 Global Geothermal Heat Pump Value by Regions
4.2 Americas Geothermal Heat Pump Consumption Growth
4.3 APAC Geothermal Heat Pump Consumption Growth
4.4 Europe Geothermal Heat Pump Consumption Growth
4.5 Middle East & Africa Geothermal Heat Pump Consumption Growth
5 Americas
5.1 Americas Geothermal Heat Pump Consumption by Countries
5.1.1 Americas Geothermal Heat Pump Consumption by Countries (2014-2019)
5.1.2 Americas Geothermal Heat Pump Value by Countries (2014-2019)
5.2 Americas Geothermal Heat Pump Consumption by Type
5.3 Americas Geothermal Heat Pump Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Geothermal Heat Pump Consumption by Countries
6.1.1 APAC Geothermal Heat Pump Consumption by Countries (2014-2019)
6.1.2 APAC Geothermal Heat Pump Value by Countries (2014-2019)
6.2 APAC Geothermal Heat Pump Consumption by Type
6.3 APAC Geothermal Heat Pump Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Geothermal Heat Pump by Countries
7.1.1 Europe Geothermal Heat Pump Consumption by Countries (2014-2019)
7.1.2 Europe Geothermal Heat Pump Value by Countries (2014-2019)
7.2 Europe Geothermal Heat Pump Consumption by Type
7.3 Europe Geothermal Heat Pump Consumption by Application
More Details on this Report: https://www.marketstudyreport.com/reports/global-geothermal-heat-pump-market-growth-2019-2024/?utm_source=openpr.com&utm_medium=DEEPAK
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