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Ground-source Heat Pump System Market Share: Global Industry Trends, Growth, Size, Segmentation, Future Demands, Latest Innovation, Forecast to 2027 | Bosch Thermotechnology,Carrier,Vaillant,BDR Thermea,Modine,Nibe Industrier

10-25-2021 10:50 AM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

In the forecast period 2021-2027, the “Ground-source Heat Pump System Market” study extensively describes the demand and consumption of numerous products/services related to the growth dynamics of the market. In quantitative terms, a comprehensive market assessment of the many opportunities in the market segment is carried out. The Ground-source Heat Pump System market covers several areas including constraints, issues and opportunities, as well as geographic considerations. Customers will benefit from this study because it provides historical and statistically significant data, which makes it useful and informative.

In accordance with the Ground-source Heat Pump System marketplace is about to develop at a CAGR of 11.98% over the forecast period (2021-2027).

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https://www.marketintelligencedata.com/reports/525598/global-ground-source-heat-pump-system-market-research-report-2021/inquiry?mode=rukaiyya

Major Companies:

Bosch Thermotechnology,Carrier,Vaillant,BDR Thermea,Modine,Nibe Industrier,Mitsubishi Electric,Viessmann,Trane,Stiebel Eltron,Danfoss Group,Weishaupt,Swegon,Wolf,OCHSNER Warmepumpen

Recent Development:

Carrier has acquired 15 companies, including 5 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 10 assets. Carrier’s largest acquisition to date was in 2005 when it acquired CommAir Mechanical Services for $32M. Its largest disclosed sale occurred in 2021 when it sold Chubb Fire & Security Group to API Group for $3.1B. Carrier has acquired in 7 different US states, and 5 countries. The Company’s most targeted sectors include distribution (22%) and manufacturing (22%).
BDR Thermea Group B.V. has acquired 1 company. The Company’s most targeted sectors include machinery (100%).BDR Thermea is a significant manufacturer of heating products and is a supplier of domestic boilers.
NIBE has acquired 7 companies, including 3 in the last 5 years. NIBE’s largest acquisition to date was in 2016 when it acquired The Climate Control Group for $364M. NIBE has been acquired in 3 different US states, and 4 countries. The Company’s most targeted sectors include electrical equipment (86%) and consumer products (15%). NIBE is an international heating technology company. Operations are conducted within three business areas – NIBE Energy Systems, NIBE Element and NIBE Stoves – all of which work according to a single vision of creating world-class solutions in sustainable energy. NIBE was founded in 1949 and is based in Markaryd, Sweden.

Market Segmentation:

By Type:

Underground Tube Ground Source Heat Pump System
Groundwater Source Heat Pump System
Surface Water Ground Source Heat Pump System

By Application:

Household
Commerical

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The Asia Pacific and Europe dominate the market:

The Asia Pacific held the largest revenue share of 37.1% in 2019. Improving economic conditions and rapid industrialization and commercialization are anticipated to augment the market growth over the coming years. A strong consumer base in the region has led to a surge in demand for GHP. Furthermore, it is one of the biggest manufacturing sectors with a dense population, which is projected to positively impact market growth.
Europe is projected to be the second-largest regional market over the forecast period. Favourable government initiatives associated with reducing energy consumption are anticipated to boost the product demand. The recovering construction sector is also projected to contribute to market growth in the near future.

The Global Ground-source Heat Pump System Market is further categorized by region as follows:

North America (United States, Canada), Market size, Y-O-Y Growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
The Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of the Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

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Objectives of this report:

To estimate the market size for the Ground-source Heat Pump System market on a regional and global basis.
To identify major segments in the Ground-source Heat Pump System market and evaluate their market shares and demand.
To provide a competitive scenario for the Ground-source Heat Pump System market with major developments observed by key companies in the historic years.
To compare key elements governing the dynamics of the Ground-source Heat Pump System marketplace with their capacity gravity at some point of the forecast period.

Reasons to Buy This Report:

Provides area of interest insights for selections approximately every feasible phase supporting withinside the strategic decision-making process.
Market length estimation of the Ground-source Heat Pump System marketplace on a local and international basis.
A specific studies layout for marketplace length estimation and forecast.
Identification of primary corporations running withinside the marketplace with associated developments
Exhaustive scope to cowl all of the feasible segments supporting each stakeholder withinside the Ground-source Heat Pump System

Impact of COVID-19 on the Ground-source Heat Pump System Market:

The rise of COVID-19 has tempered showcase improvement; anyhow, the market is consistently choosing up-tempo because of growing lockdowns. The fast increment in CAGR is thanks to the request and extension of this marketplace, which is a practicality to come to pre-pandemic ranges once the large, is gone.

We conjointly supply customizations in reports supported specific client requirements:

The Global Ground-source Heat Pump System Market report is also changed to satisfy your specific business wants. As a result of we tend to perceive what our purchasers need, we provide the twenty-fifth customization for any of our middle reports at no further value to any or all or any of our purchasers.

Please contact our sales skilled (sales@marketintelligencedata.com ), we'll make sure you get the report that works for your wants.

About Us:

Market intelligence data may be a global front-runner within the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customised research reports.

Contact Us:

Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA

Phone: +1 (704) 266-3234

Mail to: sales@marketintelligencedata.com

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