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Global Geothermal Heat Pump (GHP) Systems Market Growth 2025-2031

Published Oct 06, 2025
Length 130 Pages
SKU # LPI20453031

Description

The global Geothermal Heat Pump (GHP) Systems market size is predicted to grow from US$ 4810 million in 2025 to US$ 5958 million in 2031; it is expected to grow at a CAGR of 3.6% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

United States market for Geothermal Heat Pump (GHP) Systems is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Geothermal Heat Pump (GHP) Systems is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Geothermal Heat Pump (GHP) Systems is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Geothermal Heat Pump (GHP) Systems players cover Robert Bosch, Kensa Heat Pumps, Finn Geotherm, Stiebel Eltron, Glen Dimplex, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Geothermal Heat Pump (GHP) Systems Industry Forecast” looks at past sales and reviews total world Geothermal Heat Pump (GHP) Systems sales in 2024, providing a comprehensive analysis by region and market sector of projected Geothermal Heat Pump (GHP) Systems sales for 2025 through 2031. With Geothermal Heat Pump (GHP) Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Geothermal Heat Pump (GHP) Systems industry.

This Insight Report provides a comprehensive analysis of the global Geothermal Heat Pump (GHP) Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Geothermal Heat Pump (GHP) Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Geothermal Heat Pump (GHP) Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Geothermal Heat Pump (GHP) Systems and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Geothermal Heat Pump (GHP) Systems.

This report presents a comprehensive overview, market shares, and growth opportunities of Geothermal Heat Pump (GHP) Systems market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Surface Water Heat Pump
Hybrid Heat Pump
Others

Segmentation by Application:
Residential
Government Center
Office Buildings
Educational Institutes

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Robert Bosch
Kensa Heat Pumps
Finn Geotherm
Stiebel Eltron
Glen Dimplex
Trane
Ecoforest
Climate Master
MODINE
Danfoss
Carrier
Bryant Heating & Cooling Systems
Viessmann
WaterFurnace
Bard HVAC
Vaillant Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Geothermal Heat Pump (GHP) Systems market?

What factors are driving Geothermal Heat Pump (GHP) Systems market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Geothermal Heat Pump (GHP) Systems market opportunities vary by end market size?

How does Geothermal Heat Pump (GHP) Systems break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

130 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Geothermal Heat Pump (GHP) Systems by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Geothermal Heat Pump (GHP) Systems by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
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