Global Geothermal Heat Pump Sales Market Report 2023

Global Geothermal Heat Pump Sales Market Report 2023

Market Analysis and Insights: Global Geothermal Heat Pump Market

Due to the COVID-19 pandemic, the global Geothermal Heat Pump market size was US$ 3,889.15 million in 2022 and is forecast to a readjusted size of US$ 6,850.28 million by 2029 with a CAGR of 8.23% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Vertical Closed Loop accounting for 49.84% of the Geothermal Heat Pump global market in 2022, is projected to value US$ 3,438.16 million by 2029, growing at a revised 8.36% CAGR from 2023 to 2029. While Residential Buildings segment is altered to an 8.31% CAGR throughout this forecast period.

The North America Geothermal Heat Pump market size was US$ 1,164.80 million in 2022, while China was US$ 483.03 million. The proportion of the North America was 29.95% in 2022, while Chinese percentage was 12.42%, and it is predicted that China share will reach 15.08% in 2029, trailing a CAGR of 11.65% through the analysis period.

The global key manufacturers of Geothermal Heat Pump include Bosch Thermotechnology, Carrier, Vaillant, BDR Thermea, Modine, Nibe Industrier, Mitsubishi Electric, Viessmann, and Trane, etc. In 2022, the global top five players occupied for a share approximately 48.12% in terms of revenue.

Global Geothermal Heat Pump Scope and Market Size

The global Geothermal Heat Pump market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Geothermal Heat Pump market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.

By Company

Bosch Thermotechnology

Carrier

Vaillant

BDR Thermea

Modine

Nibe Industrier

Mitsubishi Electric

Viessmann

Trane

Stiebel Eltron

Weishaupt

Swegon

Wolf

OCHSNER Warmepumpen

Segment by Type

Vertical Closed Loop

Horizontal Closed Loop

Open Loop

Others

Segment by Application

Residential Buildings

Commercial Buildings

By Region

North America

Europe

China

Japan

Southeast Asia

India

Other Regions


1 Geothermal Heat Pump Market Overview
1.1 Geothermal Heat Pump Product Scope
1.2 Geothermal Heat Pump By Type
1.2.1 Global Geothermal Heat Pump Sales By Type (2018 & 2022 & 2029)
1.2.2 Vertical Closed Loop
1.2.3 Horizontal Closed Loop
1.2.4 Open Loop
1.2.5 Others
1.3 Geothermal Heat Pump By Application
1.3.1 Global Geothermal Heat Pump Sales Comparison By Application (2018 & 2022 & 2029)
1.3.2 Residential Buildings
1.3.3 Commercial Buildings
1.4 Global Geothermal Heat Pump Market Estimates And Forecasts (2018-2029)
1.4.1 Global Geothermal Heat Pump Market Size In Value Growth Rate (2018-2029)
1.4.2 Global Geothermal Heat Pump Market Size In Volume Growth Rate (2018-2029)
1.4.3 Global Geothermal Heat Pump Price Trends (2018-2029)
1.5 Assumptions And Limitations
2 Geothermal Heat Pump Estimates And Forecasts By Region
2.1 Global Geothermal Heat Pump Market Size By Region: 2018 Vs 2022 Vs 2029
2.2 Global Geothermal Heat Pump Retrospective Market Scenario By Region (2018-2023)
2.2.1 Global Geothermal Heat Pump Sales Market Share By Region (2018-2023)
2.2.2 Global Geothermal Heat Pump Revenue Market Share By Region (2018-2023)
2.3 Global Geothermal Heat Pump Market Estimates And Forecasts By Region (2024-2029)
2.3.1 Global Geothermal Heat Pump Sales Estimates And Forecasts By Region (2024-2029)
2.3.2 Global Geothermal Heat Pump Revenue Forecast By Region (2024-2029)
2.4 Geographic Market Analysis: Market Facts & Figures
2.4.1 North America Geothermal Heat Pump Estimates And Projections (2018-2029)
2.4.2 Europe Geothermal Heat Pump Estimates And Projections (2018-2029)
2.4.3 China Geothermal Heat Pump Estimates And Projections (2018-2029)
2.4.4 Japan Geothermal Heat Pump Estimates And Projections (2018-2029)
2.4.5 Southeast Asia Geothermal Heat Pump Estimates And Projections (2018-2029)
2.4.6 India Geothermal Heat Pump Estimates And Projections (2018-2029)
3 Geothermal Heat Pump Competition Landscape By Players
3.1 Global Geothermal Heat Pump Sales By Players (2018-2023)
3.2 Global Top Geothermal Heat Pump Players By Revenue (2018-2023)
3.3 Global Geothermal Heat Pump Market Share By Company Type (Tier 1, Tier 2, And Tier 3) & (Based On The Revenue In Geothermal Heat Pump As Of 2022)
3.4 Global Geothermal Heat Pump Average Price By Company (2018-2023)
3.5 Global Key Manufacturers Of Geothermal Heat Pump Founded Time & Headquarters
3.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Geothermal Heat Pump Market Size By Type
4.1 Global Geothermal Heat Pump Historic Market Review By Type (2018-2023)
4.1.1 Global Geothermal Heat Pump Sales By Type (2018-2023)
4.1.2 Global Geothermal Heat Pump Revenue By Type (2018-2023)
4.1.3 Global Geothermal Heat Pump Price By Type (2018-2023)
4.2 Global Geothermal Heat Pump Market Estimates And Forecasts By Type (2024-2029)
4.2.1 Global Geothermal Heat Pump Sales Forecast By Type (2024-2029)
4.2.2 Global Geothermal Heat Pump Revenue Forecast By Type (2024-2029)
4.2.3 Global Geothermal Heat Pump Price Forecast By Type (2024-2029)
5 Global Geothermal Heat Pump Market Size By Application
5.1 Global Geothermal Heat Pump Historic Market Review By Application (2018-2023)
5.1.1 Global Geothermal Heat Pump Sales By Application (2018-2023)
5.1.2 Global Geothermal Heat Pump Revenue By Application (2018-2023)
5.1.3 Global Geothermal Heat Pump Price By Application (2018-2023)
5.2 Global Geothermal Heat Pump Market Estimates And Forecasts By Application (2024-2029)
5.2.1 Global Geothermal Heat Pump Sales Forecast By Application (2024-2029)
5.2.2 Global Geothermal Heat Pump Revenue Forecast By Application (2024-2029)
5.2.3 Global Geothermal Heat Pump Price Forecast By Application (2024-2029)
6 North America Geothermal Heat Pump Market Facts & Figures
6.1 North America Geothermal Heat Pump Sales By Company
6.1.1 North America Geothermal Heat Pump Sales By Company (2018-2023)
6.1.2 North America Geothermal Heat Pump Sales Market Share By Company (2018-2023)
6.2 North America Geothermal Heat Pump Sales Breakdown By Type
6.2.1 North America Geothermal Heat Pump Sales Breakdown By Type (2018-2023)
6.2.2 North America Geothermal Heat Pump Sales Market Share Breakdown By Type (2018-2023)
6.3 North America Geothermal Heat Pump Sales Breakdown By Application
6.3.1 North America Geothermal Heat Pump Sales Breakdown By Application (2018-2023)
6.3.2 North America Geothermal Heat Pump Sales Market Share Breakdown By Application (2018-2023)
7 Europe Geothermal Heat Pump Market Facts & Figures
7.1 Europe Geothermal Heat Pump Sales By Company
7.1.1 Europe Geothermal Heat Pump Sales By Company (2018-2023)
7.1.2 Europe Geothermal Heat Pump Sales Market Share By Company (2018-2023)
7.2 Europe Geothermal Heat Pump Sales Breakdown By Type
7.2.1 Europe Geothermal Heat Pump Sales Breakdown By Type (2018-2023)
7.2.2 Europe Geothermal Heat Pump Sales Market Share Breakdown By Type (2018-2023)
7.3 Europe Geothermal Heat Pump Sales Breakdown By Application
7.3.1 Europe Geothermal Heat Pump Sales Breakdown By Application (2018-2023)
7.3.2 Europe Geothermal Heat Pump Sales Market Share Breakdown By Application (2018-2023)
8 China Geothermal Heat Pump Market Facts & Figures
8.1 China Geothermal Heat Pump Sales By Company
8.1.1 China Geothermal Heat Pump Sales By Company (2018-2023)
8.1.2 China Geothermal Heat Pump Sales Market Share By Company (2018-2023)
8.2 China Geothermal Heat Pump Sales Breakdown By Type
8.2.1 China Geothermal Heat Pump Sales Breakdown By Type (2018-2023)
8.2.2 China Geothermal Heat Pump Sales Market Share Breakdown By Type (2018-2023)
8.3 China Geothermal Heat Pump Sales Breakdown By Application
8.3.1 China Geothermal Heat Pump Sales Breakdown By Application (2018-2023)
8.3.2 China Geothermal Heat Pump Sales Market Share Breakdown By Application (2018-2023)
9 Japan Geothermal Heat Pump Market Facts & Figures
9.1 Japan Geothermal Heat Pump Sales By Company
9.1.1 Japan Geothermal Heat Pump Sales By Company (2018-2023)
9.1.2 Japan Geothermal Heat Pump Sales Market Share By Company (2018-2023)
9.2 Japan Geothermal Heat Pump Sales Breakdown By Type
9.2.1 Japan Geothermal Heat Pump Sales Breakdown By Type (2018-2023)
9.2.2 Japan Geothermal Heat Pump Sales Market Share Breakdown By Type (2018-2023)
9.3 Japan Geothermal Heat Pump Sales Breakdown By Application
9.3.1 Japan Geothermal Heat Pump Sales Breakdown By Application (2018-2023)
9.3.2 Japan Geothermal Heat Pump Sales Market Share Breakdown By Application (2018-2023)
10 Southeast Asia Geothermal Heat Pump Market Facts & Figures
10.1 Southeast Asia Geothermal Heat Pump Sales By Company
10.1.1 Southeast Asia Geothermal Heat Pump Sales By Company (2018-2023)
10.1.2 Southeast Asia Geothermal Heat Pump Sales Market Share By Company (2018-2023)
10.2 Southeast Asia Geothermal Heat Pump Sales Breakdown By Type
10.2.1 Southeast Asia Geothermal Heat Pump Sales Breakdown By Type (2018-2023)
10.2.2 Southeast Asia Geothermal Heat Pump Sales Market Share Breakdown By Type (2018-2023)
10.3 Southeast Asia Geothermal Heat Pump Sales Breakdown By Application
10.3.1 Southeast Asia Geothermal Heat Pump Sales Breakdown By Application (2018-2023)
10.3.2 Southeast Asia Geothermal Heat Pump Sales Market Share Breakdown By Application (2018-2023)
11 India Geothermal Heat Pump Market Facts & Figures
11.1 India Geothermal Heat Pump Sales By Company
11.1.1 India Geothermal Heat Pump Sales By Company (2018-2023)
11.1.2 India Geothermal Heat Pump Sales Market Share By Company (2018-2023)
11.2 India Geothermal Heat Pump Sales Breakdown By Type
11.2.1 India Geothermal Heat Pump Sales Breakdown By Type (2018-2023)
11.2.2 India Geothermal Heat Pump Sales Market Share Breakdown By Type (2018-2023)
11.3 India Geothermal Heat Pump Sales Breakdown By Application
11.3.1 India Geothermal Heat Pump Sales Breakdown By Application (2018-2023)
11.3.2 India Geothermal Heat Pump Sales Market Share Breakdown By Application (2018-2023)
12 Company Profiles And Key Figures
12.1 Bosch Thermotechnology
12.1.1 Bosch Thermotechnology Company Information
12.1.2 Bosch Thermotechnology Business Overview
12.1.3 Bosch Thermotechnology Geothermal Heat Pump Sales, Revenue And Gross Margin (2018-2023)
12.1.4 Bosch Thermotechnology Geothermal Heat Pump Products Offered
12.1.5 Bosch Thermotechnology Recent Development
12.2 Carrier
12.2.1 Carrier Company Information
12.2.2 Carrier Business Overview
12.2.3 Carrier Geothermal Heat Pump Sales, Revenue And Gross Margin (2018-2023)
12.2.4 Carrier Geothermal Heat Pump Products Offered
12.2.5 Carrier Recent Development
12.3 Bdr Thermea
12.3.1 Bdr Thermea Company Information
12.3.2 Bdr Thermea Business Overview
12.3.3 Bdr Thermea Geothermal Heat Pump Sales, Revenue And Gross Margin (2018-2023)
12.3.4 Bdr Thermea Geothermal Heat Pump Products Offered
12.3.5 Bdr Thermea Recent Development
12.4 Vaillant
12.4.1 Vaillant Company Information
12.4.2 Vaillant Business Overview
12.4.3 Vaillant Geothermal Heat Pump Sales, Revenue And Gross Margin (2018-2023)
12.4.4 Vaillant Geothermal Heat Pump Products Offered
12.4.5 Vaillant Recent Development
12.5 Nibe Industrier
12.5.1 Nibe Industrier Company Information
12.5.2 Nibe Industrier Business Overview
12.5.3 Nibe Industrier Geothermal Heat Pump Sales, Revenue And Gross Margin (2018-2023)
12.5.4 Nibe Industrier Geothermal Heat Pump Products Offered
12.5.5 Nibe Industrier Recent Development
12.6 Modine
12.6.1 Modine Company Information
12.6.2 Modine Business Overview
12.6.3 Modine Geothermal Heat Pump Sales, Revenue And Gross Margin (2018-2023)
12.6.4 Modine Geothermal Heat Pump Products Offered
12.6.5 Modine Recent Development
12.7 Mitsubishi Electric
12.7.1 Mitsubishi Electric Company Information
12.7.2 Mitsubishi Electric Business Overview
12.7.3 Mitsubishi Electric Geothermal Heat Pump Sales, Revenue And Gross Margin (2018-2023)
12.7.4 Mitsubishi Electric Geothermal Heat Pump Products Offered
12.7.5 Mitsubishi Electric Recent Development
12.8 Stiebel Eltron
12.8.1 Stiebel Eltron Company Information
12.8.2 Stiebel Eltron Business Overview
12.8.3 Stiebel Eltron Geothermal Heat Pump Sales, Revenue And Gross Margin (2018-2023)
12.8.4 Stiebel Eltron Geothermal Heat Pump Products Offered
12.8.5 Stiebel Eltron Recent Development
12.9 Viessmann
12.9.1 Viessmann Company Information
12.9.2 Viessmann Business Overview
12.9.3 Viessmann Geothermal Heat Pump Sales, Revenue And Gross Margin (2018-2023)
12.9.4 Viessmann Geothermal Heat Pump Products Offered
12.9.5 Viessmann Recent Development
12.10 Trane
12.10.1 Trane Company Information
12.10.2 Trane Business Overview
12.10.3 Trane Geothermal Heat Pump Sales, Revenue And Gross Margin (2018-2023)
12.10.4 Trane Geothermal Heat Pump Products Offered
12.10.5 Trane Recent Development
12.11 Weishaupt
12.11.1 Weishaupt Company Information
12.11.2 Weishaupt Business Overview
12.11.3 Weishaupt Geothermal Heat Pump Sales, Revenue And Gross Margin (2018-2023)
12.11.4 Weishaupt Geothermal Heat Pump Products Offered
12.11.5 Weishaupt Recent Development
12.12 Swegon
12.12.1 Swegon Company Information
12.12.2 Swegon Business Overview
12.12.3 Swegon Geothermal Heat Pump Sales, Revenue And Gross Margin (2018-2023)
12.12.4 Swegon Geothermal Heat Pump Products Offered
12.12.5 Swegon Recent Development
12.13 Wolf
12.13.1 Wolf Company Information
12.13.2 Wolf Business Overview
12.13.3 Wolf Geothermal Heat Pump Sales, Revenue And Gross Margin (2018-2023)
12.13.4 Wolf Geothermal Heat Pump Products Offered
12.13.5 Wolf Recent Development
12.14 Ochsner Warmepumpen
12.14.1 Ochsner Warmepumpen Company Information
12.14.2 Ochsner Warmepumpen Business Overview
12.14.3 Ochsner Warmepumpen Geothermal Heat Pump Sales, Revenue And Gross Margin (2018-2023)
12.14.4 Ochsner Warmepumpen Geothermal Heat Pump Products Offered
12.14.5 Ochsner Warmepumpen Recent Development
13 Geothermal Heat Pump Manufacturing Cost Analysis
13.1 Geothermal Heat Pump Key Raw Materials Analysis
13.2 Proportion Of Manufacturing Cost Structure
13.3 Manufacturing Process Analysis Of Geothermal Heat Pump
13.4 Geothermal Heat Pump Industrial Chain Analysis
14 Marketing Channel, Distributors And Customers
14.1 Marketing Channel
14.2 Geothermal Heat Pump Distributors List
14.3 Geothermal Heat Pump Customers
15 Geothermal Heat Pump Market Dynamics
15.1 Geothermal Heat Pump Industry Trends
15.2 Geothermal Heat Pump Market Drivers
15.3 Geothermal Heat Pump Market Challenges
15.4 Geothermal Heat Pump Market Restraints
16 Research Findings And Conclusion
17 Appendix
17.1 Research Methodology
17.1.1 Methodology/Research Approach
17.1.2 Data Source
17.2 Author Details
17.3 Disclaimer
List Of Tables
Table 1. Global Geothermal Heat Pump Sales (Us$ Million) Growth Rate By Type (2018 & 2022 & 2029)
Table 2. Global Geothermal Heat Pump Sales (Us$ Million) Comparison By Application (2018 & 2022 & 2029)
Table 3. Global Market Geothermal Heat Pump Market Size (Us$ Million) By Region:2018 Vs 2022 Vs 2029
Table 4. Global Geothermal Heat Pump Sales (K Units) By Region (2018-2023)
Table 5. Global Geothermal Heat Pump Sales Market Share By Region (2018-2023)
Table 6. Global Geothermal Heat Pump Revenue (Us$ Million) Market Share By Region (2018-2023)
Table 7. Global Geothermal Heat Pump Revenue Share By Region (2018-2023)
Table 8. Global Geothermal Heat Pump Sales (K Units) Forecast By Region (2024-2029)
Table 9. Global Geothermal Heat Pump Sales Market Share Forecast By Region (2024-2029)
Table 10. Global Geothermal Heat Pump Revenue (Us$ Million) Forecast By Region (2024-2029)
Table 11. Global Geothermal Heat Pump Revenue Share Forecast By Region (2024-2029)
Table 12. Global Geothermal Heat Pump Sales By Company (K Units) & (2018-2023)
Table 13. Global Geothermal Heat Pump Sales Share By Company (2018-2023)
Table 14. Global Geothermal Heat Pump Revenue By Company (Us$ Million) & (2018-2023)
Table 15. Global Geothermal Heat Pump Revenue Share By Company (2018-2023)
Table 16. Global Geothermal Heat Pump By Company Type (Tier 1, Tier 2, And Tier 3) & (Based On The Revenue In Geothermal Heat Pump As Of 2022)
Table 17. Global Market Geothermal Heat Pump Average Price By Company

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings