Global Geothermal Heat Pump Market Analysis and Forecast 2025-2031

Summary

According to APO Research, the global market for Geothermal Heat Pump was estimated to be worth US$ XX million in 2024 and is forecasted to reach US$ XX million by 2031, with a CAGR of XX% during the forecast period 2025-2031. The North American market for Geothermal Heat Pump is valued at US$ million in 2024 and will reach US$ million by 2031, growing at a CAGR of % during the forecast period. The Asia-Pacific market for Geothermal Heat Pump was valued at US$ million in 2024 and will reach US$ million by 2031 at a CAGR of %. Similarly, the European market was valued at US$ million in 2024 and projected to reach US$ million by 2031, growing at a CAGR of %.
Geothermal Heat Pump's global sales reached XX (K Units) with a value of US$ XX Million, marking an increase of XX% compared to the previous year. This performance has positioned Bosch Thermotechnology as the global sales leader, a title it has maintained for several consecutive years. Notably, Bosch Thermotechnology's performance in primary markets is also remarkable. In the Chinese market, sales were XX (K Units), a decrease of XX% from the previous year. In Europe, sales were XX (K Units), showing a year-on-year increase of XX%. In the US, sales were XX (K Units), a year-on-year rise of XX%.

The major global manufacturers in the Geothermal Heat Pump market include Company One, Company Two, Company Three, Company Four, Company Five, Company Six, Company Seven, Company Eight, and Company Nine. In 2024, the top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Geothermal Heat Pump production, growth rate, market share by manufacturers and by region (region level and country level), from 2020 to 2025, and forecast to 2031.

In terms of consumption side, this report focuses on the sales of Geothermal Heat Pump by region (region level and country level), by Company, by Type and by Application. from 2020 to 2025 and forecast to 2031.

This report presents an overview of global market for Geothermal Heat Pump, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.

This report researches the key producers of Geothermal Heat Pump, also provides the consumption of main regions and countries. Of the upcoming market potential for Geothermal Heat Pump, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Geothermal Heat Pump sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Geothermal Heat Pump market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Geothermal Heat Pump sales, projected growth trends, production technology, application and end-user industry.

Geothermal Heat Pump Segment by Company

Bosch Thermotechnology
Carrier
BDR Thermea
Mitsubishi Electric
Modine
Nibe Industrier
Vaillant
Viessmann
Trane
Stiebel Eltron
Danfoss Group
Weishaupt
Geothermal Heat Pump Segment by Type

Vertical Closed Loop
Open Loop
Horizontal Closed Loop
Others
Geothermal Heat Pump Segment by Application

Residential Buildings
Commercial Buildings
Geothermal Heat Pump Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Geothermal Heat Pump market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Geothermal Heat Pump and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Geothermal Heat Pump.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Geothermal Heat Pump production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Geothermal Heat Pump in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 5: Detailed analysis of Geothermal Heat Pump manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Geothermal Heat Pump sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: South America, Middle East and Africa by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview
1.1 Product Definition
1.2 Geothermal Heat Pump Market by Type
1.2.1 Global Geothermal Heat Pump Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 Vertical Closed Loop
1.2.3 Open Loop
1.2.4 Horizontal Closed Loop
1.2.5 Others
1.3 Geothermal Heat Pump Market by Application
1.3.1 Global Geothermal Heat Pump Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Residential Buildings
1.3.3 Commercial Buildings
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives
2 Geothermal Heat Pump Market Dynamics
2.1 Geothermal Heat Pump Industry Trends
2.2 Geothermal Heat Pump Industry Drivers
2.3 Geothermal Heat Pump Industry Opportunities and Challenges
2.4 Geothermal Heat Pump Industry Restraints
3 Global Geothermal Heat Pump Production Overview
3.1 Global Geothermal Heat Pump Production Capacity (2020-2031)
3.2 Global Geothermal Heat Pump Production by Region: 2020 VS 2024 VS 2031
3.3 Global Geothermal Heat Pump Production by Region
3.3.1 Global Geothermal Heat Pump Production by Region (2020-2025)
3.3.2 Global Geothermal Heat Pump Production by Region (2026-2031)
3.3.3 Global Geothermal Heat Pump Production Market Share by Region (2020-2031)
3.4 North America
3.5 Europe
3.6 China
3.7 Japan
4 Global Market Growth Prospects
4.1 Global Geothermal Heat Pump Revenue Estimates and Forecasts (2020-2031)
4.2 Global Geothermal Heat Pump Revenue by Region
4.2.1 Global Geothermal Heat Pump Revenue by Region: 2020 VS 2024 VS 2031
4.2.2 Global Geothermal Heat Pump Revenue by Region (2020-2025)
4.2.3 Global Geothermal Heat Pump Revenue by Region (2026-2031)
4.2.4 Global Geothermal Heat Pump Revenue Market Share by Region (2020-2031)
4.3 Global Geothermal Heat Pump Sales Estimates and Forecasts 2020-2031
4.4 Global Geothermal Heat Pump Sales by Region
4.4.1 Global Geothermal Heat Pump Sales by Region: 2020 VS 2024 VS 2031
4.4.2 Global Geothermal Heat Pump Sales by Region (2020-2025)
4.4.3 Global Geothermal Heat Pump Sales by Region (2026-2031)
4.4.4 Global Geothermal Heat Pump Sales Market Share by Region (2020-2031)
4.5 North America
4.6 Europe
4.7 China
4.8 Asia (Excluding China)
4.9 South America, Middle East and Africa
5 Market Competitive Landscape by Manufacturers
5.1 Global Geothermal Heat Pump Revenue by Manufacturers
5.1.1 Global Geothermal Heat Pump Revenue by Manufacturers (2020-2025)
5.1.2 Global Geothermal Heat Pump Revenue Market Share by Manufacturers (2020-2025)
5.1.3 Global Geothermal Heat Pump Manufacturers Revenue Share Top 10 and Top 5 in 2024
5.2 Global Geothermal Heat Pump Sales by Manufacturers
5.2.1 Global Geothermal Heat Pump Sales by Manufacturers (2020-2025)
5.2.2 Global Geothermal Heat Pump Sales Market Share by Manufacturers (2020-2025)
5.2.3 Global Geothermal Heat Pump Manufacturers Sales Share Top 10 and Top 5 in 2024
5.3 Global Geothermal Heat Pump Sales Price by Manufacturers (2020-2025)
5.4 Global Geothermal Heat Pump Key Manufacturers Ranking, 2023 VS 2024 VS 2025
5.5 Global Geothermal Heat Pump Key Manufacturers Manufacturing Sites & Headquarters
5.6 Global Geothermal Heat Pump Manufacturers, Product Type & Application
5.7 Global Geothermal Heat Pump Manufacturers Commercialization Time
5.8 Market Competitive Analysis
5.8.1 Global Geothermal Heat Pump Market CR5 and HHI
5.8.2 2024 Geothermal Heat Pump Tier 1, Tier 2, and Tier 3
6 Geothermal Heat Pump Market by Type
6.1 Global Geothermal Heat Pump Revenue by Type
6.1.1 Global Geothermal Heat Pump Revenue by Type (2020-2031) & (US$ Million)
6.1.2 Global Geothermal Heat Pump Revenue Market Share by Type (2020-2031)
6.2 Global Geothermal Heat Pump Sales by Type
6.2.1 Global Geothermal Heat Pump Sales by Type (2020-2031) & (K Units)
6.2.2 Global Geothermal Heat Pump Sales Market Share by Type (2020-2031)
6.3 Global Geothermal Heat Pump Price by Type
7 Geothermal Heat Pump Market by Application
7.1 Global Geothermal Heat Pump Revenue by Application
7.1.1 Global Geothermal Heat Pump Revenue by Application (2020-2031) & (US$ Million)
7.1.2 Global Geothermal Heat Pump Revenue Market Share by Application (2020-2031)
7.2 Global Geothermal Heat Pump Sales by Application
7.2.1 Global Geothermal Heat Pump Sales by Application (2020-2031) & (K Units)
7.2.2 Global Geothermal Heat Pump Sales Market Share by Application (2020-2031)
7.3 Global Geothermal Heat Pump Price by Application
8 Company Profiles
8.1 Bosch Thermotechnology
8.1.1 Bosch Thermotechnology Comapny Information
8.1.2 Bosch Thermotechnology Business Overview
8.1.3 Bosch Thermotechnology Geothermal Heat Pump Sales, Revenue, Price and Gross Margin (2020-2025)
8.1.4 Bosch Thermotechnology Geothermal Heat Pump Product Portfolio
8.1.5 Bosch Thermotechnology Recent Developments
8.2 Carrier
8.2.1 Carrier Comapny Information
8.2.2 Carrier Business Overview
8.2.3 Carrier Geothermal Heat Pump Sales, Revenue, Price and Gross Margin (2020-2025)
8.2.4 Carrier Geothermal Heat Pump Product Portfolio
8.2.5 Carrier Recent Developments
8.3 BDR Thermea
8.3.1 BDR Thermea Comapny Information
8.3.2 BDR Thermea Business Overview
8.3.3 BDR Thermea Geothermal Heat Pump Sales, Revenue, Price and Gross Margin (2020-2025)
8.3.4 BDR Thermea Geothermal Heat Pump Product Portfolio
8.3.5 BDR Thermea Recent Developments
8.4 Mitsubishi Electric
8.4.1 Mitsubishi Electric Comapny Information
8.4.2 Mitsubishi Electric Business Overview
8.4.3 Mitsubishi Electric Geothermal Heat Pump Sales, Revenue, Price and Gross Margin (2020-2025)
8.4.4 Mitsubishi Electric Geothermal Heat Pump Product Portfolio
8.4.5 Mitsubishi Electric Recent Developments
8.5 Modine
8.5.1 Modine Comapny Information
8.5.2 Modine Business Overview
8.5.3 Modine Geothermal Heat Pump Sales, Revenue, Price and Gross Margin (2020-2025)
8.5.4 Modine Geothermal Heat Pump Product Portfolio
8.5.5 Modine Recent Developments
8.6 Nibe Industrier
8.6.1 Nibe Industrier Comapny Information
8.6.2 Nibe Industrier Business Overview
8.6.3 Nibe Industrier Geothermal Heat Pump Sales, Revenue, Price and Gross Margin (2020-2025)
8.6.4 Nibe Industrier Geothermal Heat Pump Product Portfolio
8.6.5 Nibe Industrier Recent Developments
8.7 Vaillant
8.7.1 Vaillant Comapny Information
8.7.2 Vaillant Business Overview
8.7.3 Vaillant Geothermal Heat Pump Sales, Revenue, Price and Gross Margin (2020-2025)
8.7.4 Vaillant Geothermal Heat Pump Product Portfolio
8.7.5 Vaillant Recent Developments
8.8 Viessmann
8.8.1 Viessmann Comapny Information
8.8.2 Viessmann Business Overview
8.8.3 Viessmann Geothermal Heat Pump Sales, Revenue, Price and Gross Margin (2020-2025)
8.8.4 Viessmann Geothermal Heat Pump Product Portfolio
8.8.5 Viessmann Recent Developments
8.9 Trane
8.9.1 Trane Comapny Information
8.9.2 Trane Business Overview
8.9.3 Trane Geothermal Heat Pump Sales, Revenue, Price and Gross Margin (2020-2025)
8.9.4 Trane Geothermal Heat Pump Product Portfolio
8.9.5 Trane Recent Developments
8.10 Stiebel Eltron
8.10.1 Stiebel Eltron Comapny Information
8.10.2 Stiebel Eltron Business Overview
8.10.3 Stiebel Eltron Geothermal Heat Pump Sales, Revenue, Price and Gross Margin (2020-2025)
8.10.4 Stiebel Eltron Geothermal Heat Pump Product Portfolio
8.10.5 Stiebel Eltron Recent Developments
8.11 Danfoss Group
8.11.1 Danfoss Group Comapny Information
8.11.2 Danfoss Group Business Overview
8.11.3 Danfoss Group Geothermal Heat Pump Sales, Revenue, Price and Gross Margin (2020-2025)
8.11.4 Danfoss Group Geothermal Heat Pump Product Portfolio
8.11.5 Danfoss Group Recent Developments
8.12 Weishaupt
8.12.1 Weishaupt Comapny Information
8.12.2 Weishaupt Business Overview
8.12.3 Weishaupt Geothermal Heat Pump Sales, Revenue, Price and Gross Margin (2020-2025)
8.12.4 Weishaupt Geothermal Heat Pump Product Portfolio
8.12.5 Weishaupt Recent Developments
9 North America
9.1 North America Geothermal Heat Pump Market Size by Type
9.1.1 North America Geothermal Heat Pump Revenue by Type (2020-2031)
9.1.2 North America Geothermal Heat Pump Sales by Type (2020-2031)
9.1.3 North America Geothermal Heat Pump Price by Type (2020-2031)
9.2 North America Geothermal Heat Pump Market Size by Application
9.2.1 North America Geothermal Heat Pump Revenue by Application (2020-2031)
9.2.2 North America Geothermal Heat Pump Sales by Application (2020-2031)
9.2.3 North America Geothermal Heat Pump Price by Application (2020-2031)
9.3 North America Geothermal Heat Pump Market Size by Country
9.3.1 North America Geothermal Heat Pump Revenue Grow Rate by Country (2020 VS 2024 VS 2031)
9.3.2 North America Geothermal Heat Pump Sales by Country (2020 VS 2024 VS 2031)
9.3.3 North America Geothermal Heat Pump Price by Country (2020-2031)
9.3.4 United States
9.3.5 Canada
9.3.6 Mexico
10 Europe
10.1 Europe Geothermal Heat Pump Market Size by Type
10.1.1 Europe Geothermal Heat Pump Revenue by Type (2020-2031)
10.1.2 Europe Geothermal Heat Pump Sales by Type (2020-2031)
10.1.3 Europe Geothermal Heat Pump Price by Type (2020-2031)
10.2 Europe Geothermal Heat Pump Market Size by Application
10.2.1 Europe Geothermal Heat Pump Revenue by Application (2020-2031)
10.2.2 Europe Geothermal Heat Pump Sales by Application (2020-2031)
10.2.3 Europe Geothermal Heat Pump Price by Application (2020-2031)
10.3 Europe Geothermal Heat Pump Market Size by Country
10.3.1 Europe Geothermal Heat Pump Revenue Grow Rate by Country (2020 VS 2024 VS 2031)
10.3.2 Europe Geothermal Heat Pump Sales by Country (2020 VS 2024 VS 2031)
10.3.3 Europe Geothermal Heat Pump Price by Country (2020-2031)
10.3.4 Germany
10.3.5 France
10.3.6 U.K.
10.3.7 Italy
10.3.8 Russia
10.3.9 Spain
10.3.10 Netherlands
10.3.11 Switzerland
10.3.12 Sweden
11 China
11.1 China Geothermal Heat Pump Market Size by Type
11.1.1 China Geothermal Heat Pump Revenue by Type (2020-2031)
11.1.2 China Geothermal Heat Pump Sales by Type (2020-2031)
11.1.3 China Geothermal Heat Pump Price by Type (2020-2031)
11.2 China Geothermal Heat Pump Market Size by Application
11.2.1 China Geothermal Heat Pump Revenue by Application (2020-2031)
11.2.2 China Geothermal Heat Pump Sales by Application (2020-2031)
11.2.3 China Geothermal Heat Pump Price by Application (2020-2031)
12 Asia (Excluding China)
12.1 Asia Geothermal Heat Pump Market Size by Type
12.1.1 Asia Geothermal Heat Pump Revenue by Type (2020-2031)
12.1.2 Asia Geothermal Heat Pump Sales by Type (2020-2031)
12.1.3 Asia Geothermal Heat Pump Price by Type (2020-2031)
12.2 Asia Geothermal Heat Pump Market Size by Application
12.2.1 Asia Geothermal Heat Pump Revenue by Application (2020-2031)
12.2.2 Asia Geothermal Heat Pump Sales by Application (2020-2031)
12.2.3 Asia Geothermal Heat Pump Price by Application (2020-2031)
12.3 Asia Geothermal Heat Pump Market Size by Country
12.3.1 Asia Geothermal Heat Pump Revenue Grow Rate by Country (2020 VS 2024 VS 2031)
12.3.2 Asia Geothermal Heat Pump Sales by Country (2020 VS 2024 VS 2031)
12.3.3 Asia Geothermal Heat Pump Price by Country (2020-2031)
12.3.4 Japan
12.3.5 South Korea
12.3.6 India
12.3.7 Australia
12.3.8 Taiwan
12.3.9 Southeast Asia
13 South America, Middle East and Africa
13.1 SAMEA Geothermal Heat Pump Market Size by Type
13.1.1 SAMEA Geothermal Heat Pump Revenue by Type (2020-2031)
13.1.2 SAMEA Geothermal Heat Pump Sales by Type (2020-2031)
13.1.3 SAMEA Geothermal Heat Pump Price by Type (2020-2031)
13.2 SAMEA Geothermal Heat Pump Market Size by Application
13.2.1 SAMEA Geothermal Heat Pump Revenue by Application (2020-2031)
13.2.2 SAMEA Geothermal Heat Pump Sales by Application (2020-2031)
13.2.3 SAMEA Geothermal Heat Pump Price by Application (2020-2031)
13.3 SAMEA Geothermal Heat Pump Market Size by Country
13.3.1 SAMEA Geothermal Heat Pump Revenue Grow Rate by Country (2020 VS 2024 VS 2031)
13.3.2 SAMEA Geothermal Heat Pump Sales by Country (2020 VS 2024 VS 2031)
13.3.3 SAMEA Geothermal Heat Pump Price by Country (2020-2031)
13.3.4 Brazil
13.3.5 Argentina
13.3.6 Chile
13.3.7 Colombia
13.3.8 Peru
13.3.9 Saudi Arabia
13.3.10 Israel
13.3.11 UAE
13.3.12 Turkey
13.3.13 Iran
13.3.14 Egypt
14 Value Chain and Sales Channels Analysis
14.1 Geothermal Heat Pump Value Chain Analysis
14.1.1 Geothermal Heat Pump Key Raw Materials
14.1.2 Raw Materials Key Suppliers
14.1.3 Manufacturing Cost Structure
14.1.4 Geothermal Heat Pump Production Mode & Process
14.2 Geothermal Heat Pump Sales Channels Analysis
14.2.1 Direct Comparison with Distribution Share
14.2.2 Geothermal Heat Pump Distributors
14.2.3 Geothermal Heat Pump Customers
15 Concluding Insights
16 Appendix
16.1 Reasons for Doing This Study
16.2 Research Methodology
16.3 Research Process
16.4 Authors List of This Report
16.5 Data Source
16.5.1 Secondary Sources
16.5.2 Primary Sources
16.6 Disclaimer

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