Global Geothermal Heat Pump Sales Market Report 2023
Description
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
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
Table of Contents
136 Pages
- 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
Pricing
Currency Rates
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