Geothermal Heat Pumps Market by Technology (Open Loop Systems and Closed Loop Systems), by End-user (Residential and Commercial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024

Global geothermal heat pumps market expected to reach USD 187.72 billion in 2024, growing at a CAGR of 13% between 2018 and 2024. For the geothermal heat pumps (GHP) market, machinery is a major development to ventilation, conventional heating, and air conditioning systems that are usually based on air-source heat pumps.

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20-Jul-2018 | Number of pages: 110 | Report Code: ZMR-2736 | Report Format : | Status : Published

Abstract

The report covers a global and regional level estimation and analysis for the geothermal heat pumps market. The study provides forecast from 2018 to 2024 along with a historical data from 2015 to 2017 based on revenue (USD Billion). The study includes major drivers and restraints for the geothermal heat pumps market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the geothermal heat pumps market on a global level.

For providing the users of this report a comprehensive view of the geothermal heat pumps, we have included a product portfolio of key vendors and a detailed competitive scenario. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the geothermal heat pumps market has also been included. The geothermal heat pumps market report covers an in-depth study of global and regional market and market attractiveness analysis, wherein technology and end-user segments are benchmarked based on their growth rate, general attractiveness and market size.

Global Geothermal Heat Pumps (GHP) Market

The study provides a decisive view of the geothermal heat pumps market by segmenting the market based on technology and end-user. The market is estimated from 2018 to 2024 and all the segments have been analyzed based on the future and present trends. On the basis of technology, the market has been segmented into open loop systems and closed loop systems. On the basis of the end-user, the market has been segmented into residential and commercial. The regional segmentation includes the current and forecasted demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The report also covers detailed description of key players which includes parameters such as financial overview, company overview, business and recent developments of the manufacturers. The key players in the global geothermal heat pumps market are Altarock Energy Inc., Climatemaster Inc., Baker Hughes Inc., Alstom SA, Calpine Corp., Exorka GmbH., Florida Heat Pumps., Geoglobal Energy Llc., Contact Energy Ltd., and Geodynamics Ltd. 

This report segments the geothermal heat pumps market as follows: 

Geothermal Heat Pumps Market: Technology

  • Open Loop Systems
  • Closed Loop Systems

Geothermal Heat Pumps Market: End-User Analysis

  • Residential
  • Commercial

Geothermal Heat Pumps Market: Region Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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