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PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1646786

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PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1646786

Geothermal Heat Pumps

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Global Geothermal Heat Pumps Market to Reach US$11.4 Billion by 2030

The global market for Geothermal Heat Pumps estimated at US$7.9 Billion in the year 2024, is expected to reach US$11.4 Billion by 2030, growing at a CAGR of 6.3% over the analysis period 2024-2030. Closed Loop Systems, one of the segments analyzed in the report, is expected to record a 6.6% CAGR and reach US$9.7 Billion by the end of the analysis period. Growth in the Open Loop Systems segment is estimated at 4.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.2 Billion While China is Forecast to Grow at 6.1% CAGR

The Geothermal Heat Pumps market in the U.S. is estimated at US$2.2 Billion in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2030 trailing a CAGR of 6.1% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 5.4% and 5.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.

Global Geothermal Heat Pumps Market - Key Trends & Drivers Summarized

How Are Technological Advancements Improving Geothermal Heat Pumps?

Technological advancements in geothermal heat pump systems are enhancing their efficiency and affordability, making them more accessible to residential and commercial consumers. Innovations in heat exchanger designs and variable-speed compressors have increased energy efficiency, while advancements in drilling technology have reduced installation costs. Furthermore, the integration of smart thermostats and IoT technology enables remote monitoring and management, allowing users to optimize energy use. These improvements are making geothermal heat pumps a more attractive option for environmentally conscious consumers looking for sustainable heating and cooling solutions.

Why Is Demand for Renewable Heating Solutions on the Rise?

Demand for renewable heating solutions is increasing as governments and consumers prioritize sustainable energy sources. Geothermal heat pumps are gaining popularity as they provide a low-emission alternative to traditional heating and cooling systems, reducing dependency on fossil fuels. Incentives and rebates for renewable energy installations in regions like North America and Europe are encouraging more consumers to adopt geothermal systems. These pumps offer a stable, efficient energy source that reduces greenhouse gas emissions, aligning with global efforts to combat climate change and reduce carbon footprints.

What Role Does the Construction Sector Play in Market Growth?

The construction sector, particularly in residential and commercial building development, plays a key role in the adoption of geothermal heat pumps. As green building standards and energy-efficient certifications become more common, builders are integrating geothermal systems to enhance the sustainability profile of new projects. High-efficiency heating and cooling systems are increasingly being marketed as value-added features, appealing to eco-conscious buyers and tenants. This trend is accelerating in regions with stringent building codes that require sustainable energy solutions, positioning geothermal heat pumps as a preferred choice for developers.

What Drives the Growth of the Geothermal Heat Pumps Market?

The growth in the geothermal heat pumps market is driven by factors including technological advancements, rising demand for renewable energy solutions, and the construction sector’s focus on sustainability. Advances in heat pump technology and installation methods have made these systems more efficient and cost-effective, expanding their market appeal. Increasing interest in renewable energy solutions, supported by government incentives, is promoting the adoption of geothermal systems as a low-emission alternative. Additionally, the construction industry’s commitment to green building practices is supporting demand, positioning geothermal heat pumps as a key component in sustainable building design and energy management.

SCOPE OF STUDY:

The report analyzes the Geothermal Heat Pumps market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:

Technology (Closed Loop Systems, Open Loop Systems); End-Use (Residential, Industrial, Commercial)

Geographic Regions/Countries:

World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 58 Featured) -

  • Alstom SA
  • AltaRock Energy, Inc.
  • Baker Hughes, Inc.
  • Calpine Corporation
  • Climatemaster Inc.
  • Contact Energy Ltd.
  • ReNu Energy Ltd.
Product Code: MCP16429

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • 1. MARKET OVERVIEW
    • Influencer Market Insights
    • World Market Trajectories
    • Impact of Covid-19 and a Looming Global Recession
    • Geothermal Heat Pumps - Global Key Competitors Percentage Market Share in 2024 (E)
    • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • 2. FOCUS ON SELECT PLAYERS
  • 3. MARKET TRENDS & DRIVERS
    • Rising Awareness of Renewable Heating Solutions
    • Increasing Adoption of Energy-Efficient HVAC Systems
    • Technological Advancements in Heat Pump Efficiency
    • Growth in Construction of Green Buildings Utilizing Geothermal Heat
    • Government Incentives Promoting Renewable Heating Options
    • Expansion of Commercial Sector Demand for Geothermal Solutions
    • Rising Focus on Reducing Carbon Footprint in Residential Heating
    • Growth in Retrofitting of Existing Buildings with Geothermal Pumps
    • Demand for Hybrid Systems Integrating Geothermal and Solar Power
    • Increased Investments in Infrastructure Supporting Geothermal Installations
    • Growth of Smart Home Systems Integrating Geothermal Technologies
    • Expanding Interest in Off-Grid and Independent Energy Solutions
    • Increasing Adoption of Energy Efficient HVAC Systems
    • Expanding Interest in Off Grid and Independent Energy Solutions
  • 4. GLOBAL MARKET PERSPECTIVE
    • TABLE 1: World Geothermal Heat Pumps Market Analysis of Annual Sales in US$ Million for Years 2015 through 2030
    • TABLE 2: World Recent Past, Current & Future Analysis for Geothermal Heat Pumps by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 3: World Historic Review for Geothermal Heat Pumps by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 4: World 15-Year Perspective for Geothermal Heat Pumps by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2015, 2025 & 2030
    • TABLE 5: World Recent Past, Current & Future Analysis for Closed Loop Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 6: World Historic Review for Closed Loop Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 7: World 15-Year Perspective for Closed Loop Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
    • TABLE 8: World Recent Past, Current & Future Analysis for Open Loop Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 9: World Historic Review for Open Loop Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 10: World 15-Year Perspective for Open Loop Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
    • TABLE 11: World Recent Past, Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 12: World Historic Review for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 13: World 15-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
    • TABLE 14: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 15: World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 16: World 15-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
    • TABLE 17: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 18: World Historic Review for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 19: World 15-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030

III. MARKET ANALYSIS

  • UNITED STATES
    • Geothermal Heat Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
    • TABLE 20: USA Recent Past, Current & Future Analysis for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 21: USA Historic Review for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 22: USA 15-Year Perspective for Geothermal Heat Pumps by Technology - Percentage Breakdown of Value Sales for Closed Loop Systems and Open Loop Systems for the Years 2015, 2025 & 2030
    • TABLE 23: USA Recent Past, Current & Future Analysis for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 24: USA Historic Review for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 25: USA 15-Year Perspective for Geothermal Heat Pumps by End-Use - Percentage Breakdown of Value Sales for Residential, Industrial and Commercial for the Years 2015, 2025 & 2030
  • CANADA
    • TABLE 26: Canada Recent Past, Current & Future Analysis for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 27: Canada Historic Review for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 28: Canada 15-Year Perspective for Geothermal Heat Pumps by Technology - Percentage Breakdown of Value Sales for Closed Loop Systems and Open Loop Systems for the Years 2015, 2025 & 2030
    • TABLE 29: Canada Recent Past, Current & Future Analysis for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 30: Canada Historic Review for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 31: Canada 15-Year Perspective for Geothermal Heat Pumps by End-Use - Percentage Breakdown of Value Sales for Residential, Industrial and Commercial for the Years 2015, 2025 & 2030
  • JAPAN
    • Geothermal Heat Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)
    • TABLE 32: Japan Recent Past, Current & Future Analysis for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 33: Japan Historic Review for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 34: Japan 15-Year Perspective for Geothermal Heat Pumps by Technology - Percentage Breakdown of Value Sales for Closed Loop Systems and Open Loop Systems for the Years 2015, 2025 & 2030
    • TABLE 35: Japan Recent Past, Current & Future Analysis for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 36: Japan Historic Review for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 37: Japan 15-Year Perspective for Geothermal Heat Pumps by End-Use - Percentage Breakdown of Value Sales for Residential, Industrial and Commercial for the Years 2015, 2025 & 2030
  • CHINA
    • Geothermal Heat Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
    • TABLE 38: China Recent Past, Current & Future Analysis for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 39: China Historic Review for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 40: China 15-Year Perspective for Geothermal Heat Pumps by Technology - Percentage Breakdown of Value Sales for Closed Loop Systems and Open Loop Systems for the Years 2015, 2025 & 2030
    • TABLE 41: China Recent Past, Current & Future Analysis for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 42: China Historic Review for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 43: China 15-Year Perspective for Geothermal Heat Pumps by End-Use - Percentage Breakdown of Value Sales for Residential, Industrial and Commercial for the Years 2015, 2025 & 2030
  • EUROPE
    • Geothermal Heat Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
    • TABLE 44: Europe Recent Past, Current & Future Analysis for Geothermal Heat Pumps by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 45: Europe Historic Review for Geothermal Heat Pumps by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 46: Europe 15-Year Perspective for Geothermal Heat Pumps by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2015, 2025 & 2030
    • TABLE 47: Europe Recent Past, Current & Future Analysis for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 48: Europe Historic Review for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 49: Europe 15-Year Perspective for Geothermal Heat Pumps by Technology - Percentage Breakdown of Value Sales for Closed Loop Systems and Open Loop Systems for the Years 2015, 2025 & 2030
    • TABLE 50: Europe Recent Past, Current & Future Analysis for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 51: Europe Historic Review for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 52: Europe 15-Year Perspective for Geothermal Heat Pumps by End-Use - Percentage Breakdown of Value Sales for Residential, Industrial and Commercial for the Years 2015, 2025 & 2030
  • FRANCE
    • Geothermal Heat Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)
    • TABLE 53: France Recent Past, Current & Future Analysis for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 54: France Historic Review for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 55: France 15-Year Perspective for Geothermal Heat Pumps by Technology - Percentage Breakdown of Value Sales for Closed Loop Systems and Open Loop Systems for the Years 2015, 2025 & 2030
    • TABLE 56: France Recent Past, Current & Future Analysis for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 57: France Historic Review for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 58: France 15-Year Perspective for Geothermal Heat Pumps by End-Use - Percentage Breakdown of Value Sales for Residential, Industrial and Commercial for the Years 2015, 2025 & 2030
  • GERMANY
    • Geothermal Heat Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)
    • TABLE 59: Germany Recent Past, Current & Future Analysis for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 60: Germany Historic Review for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 61: Germany 15-Year Perspective for Geothermal Heat Pumps by Technology - Percentage Breakdown of Value Sales for Closed Loop Systems and Open Loop Systems for the Years 2015, 2025 & 2030
    • TABLE 62: Germany Recent Past, Current & Future Analysis for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 63: Germany Historic Review for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 64: Germany 15-Year Perspective for Geothermal Heat Pumps by End-Use - Percentage Breakdown of Value Sales for Residential, Industrial and Commercial for the Years 2015, 2025 & 2030
  • ITALY
    • TABLE 65: Italy Recent Past, Current & Future Analysis for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 66: Italy Historic Review for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 67: Italy 15-Year Perspective for Geothermal Heat Pumps by Technology - Percentage Breakdown of Value Sales for Closed Loop Systems and Open Loop Systems for the Years 2015, 2025 & 2030
    • TABLE 68: Italy Recent Past, Current & Future Analysis for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 69: Italy Historic Review for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 70: Italy 15-Year Perspective for Geothermal Heat Pumps by End-Use - Percentage Breakdown of Value Sales for Residential, Industrial and Commercial for the Years 2015, 2025 & 2030
  • UNITED KINGDOM
    • Geothermal Heat Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)
    • TABLE 71: UK Recent Past, Current & Future Analysis for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 72: UK Historic Review for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 73: UK 15-Year Perspective for Geothermal Heat Pumps by Technology - Percentage Breakdown of Value Sales for Closed Loop Systems and Open Loop Systems for the Years 2015, 2025 & 2030
    • TABLE 74: UK Recent Past, Current & Future Analysis for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 75: UK Historic Review for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 76: UK 15-Year Perspective for Geothermal Heat Pumps by End-Use - Percentage Breakdown of Value Sales for Residential, Industrial and Commercial for the Years 2015, 2025 & 2030
  • REST OF EUROPE
    • TABLE 77: Rest of Europe Recent Past, Current & Future Analysis for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 78: Rest of Europe Historic Review for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 79: Rest of Europe 15-Year Perspective for Geothermal Heat Pumps by Technology - Percentage Breakdown of Value Sales for Closed Loop Systems and Open Loop Systems for the Years 2015, 2025 & 2030
    • TABLE 80: Rest of Europe Recent Past, Current & Future Analysis for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 81: Rest of Europe Historic Review for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 82: Rest of Europe 15-Year Perspective for Geothermal Heat Pumps by End-Use - Percentage Breakdown of Value Sales for Residential, Industrial and Commercial for the Years 2015, 2025 & 2030
  • ASIA-PACIFIC
    • Geothermal Heat Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
    • TABLE 83: Asia-Pacific Recent Past, Current & Future Analysis for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 84: Asia-Pacific Historic Review for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 85: Asia-Pacific 15-Year Perspective for Geothermal Heat Pumps by Technology - Percentage Breakdown of Value Sales for Closed Loop Systems and Open Loop Systems for the Years 2015, 2025 & 2030
    • TABLE 86: Asia-Pacific Recent Past, Current & Future Analysis for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 87: Asia-Pacific Historic Review for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 88: Asia-Pacific 15-Year Perspective for Geothermal Heat Pumps by End-Use - Percentage Breakdown of Value Sales for Residential, Industrial and Commercial for the Years 2015, 2025 & 2030
  • REST OF WORLD
    • TABLE 89: Rest of World Recent Past, Current & Future Analysis for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 90: Rest of World Historic Review for Geothermal Heat Pumps by Technology - Closed Loop Systems and Open Loop Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 91: Rest of World 15-Year Perspective for Geothermal Heat Pumps by Technology - Percentage Breakdown of Value Sales for Closed Loop Systems and Open Loop Systems for the Years 2015, 2025 & 2030
    • TABLE 92: Rest of World Recent Past, Current & Future Analysis for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 93: Rest of World Historic Review for Geothermal Heat Pumps by End-Use - Residential, Industrial and Commercial Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 94: Rest of World 15-Year Perspective for Geothermal Heat Pumps by End-Use - Percentage Breakdown of Value Sales for Residential, Industrial and Commercial for the Years 2015, 2025 & 2030

IV. COMPETITION

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