Geothermal Heat Pump Market Size- By Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Description

Introduction and Overview

According to SPER Market Research, 'Geothermal Heat Pump Market Size- By Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Geothermal Heat Pump Market is predicted to reach USD 18.11 billion by 2033 with a CAGR of 6.7%.

Another name for a geothermal heat pump is a ground source heat pump. The air delivery system, ground heat exchanger, and heat pump unit make up this setup. In the winter, geothermal heat pumps move heat from the earth into buildings, and in the summer, the opposite occurs. Because it is the most economical and energy-efficient heating and cooling system, its utility increases. It is a continuous energy source, meaning it doesn't rely on the sun or wind and is obtained without burning fossil fuels, which results in no emissions.

Furthermore, numerous companies' operations and sales have been significantly impacted by the global problems and commercial uncertainties brought on by the COVID-19 pandemic. The rise of the domestic heat pump market was negatively impacted by the imposition of lockdown measures in several countries and the shutdown of heat pump production facilities. Closed borders, travel bans, and import-export restrictions further hindered the availability of raw materials, which included iron castings, stainless steel components, and aluminium tubing.

Scope of the Report

Report Metric Details:

Market size available for years: 2019-2033

Base year considered: 2022

Forecast period: 2023-2033

Segments covered: By Type, By Application

Regions covered: North America, Asia-Pacific, Latin America, Middle East & Africa and Europe

Companies Covered: Bard HVAC, Bostech Mechanical Ltd., Carrier Corporation, ClimateMaster, Inc., Daikin Industries Ltd., Dandelion, Free Energy Innovations, Maritime Geothermal Ltd., Mitsubishi Electric Corporation, Pfister Energy,

Market Segmentation

By Type: Based on the Type, Global Geothermal Heat Pump Market is segmented as; Closed Loop Systems (Horizontal, Vertical), Open Loop Systems.

By Application: Based on the Application, Global Geothermal Heat Pump Market is segmented as; Commercial, Industrial, Residential.

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

Product Code: POAE2379

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data Source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Geothermal Heat Pump Market

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Geothermal Heat Pump Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Geothermal Heat Pump Market

7. Global Geothermal Heat Pump Market, By Type (USD Million)

7.1. Global Geothermal Heat Pump Market Value Share and Forecast, By Type, 2023-2033
7.2. Closed Loop Systems
- 7.2.1. Horizontal
- 7.2.2. Vertical
7.3. Open Loop Systems

8. Global Geothermal Heat Pump Market, By Application (USD Million)

8.1. Global Geothermal Heat Pump Market Value Share and Forecast, By Application, 2023-2033
8.2. Commercial
8.3. Industrial
8.4. Residential

9. Global Geothermal Heat Pump Market Forecast, 2019-2033 (USD Million)

9.1. Global Geothermal Heat Pump Market Size and Market Share

10. Global Geothermal Heat Pump Market, By Type, 2019-2033 (USD Million)

10.1. Global Geothermal Heat Pump Market Size and Market Share By Type (2019-2026)
10.2. Global Geothermal Heat Pump Market Size and Market Share By Type (2027-2033)

11. Global Geothermal Heat Pump Market, By Application, 2019-2033 (USD Million)

11.1. Global Geothermal Heat Pump Market Size and Market Share By Application (2019-2026)
11.2. Global Geothermal Heat Pump Market Size and Market Share By Application (2027-2033)

12. Global Geothermal Heat Pump Market, By Region, 2019-2033 (USD Million)

12.1. Global Geothermal Heat Pump Market Size and Market Share By Region (2019-2026)
12.2. Global Geothermal Heat Pump Market Size and Market Share By Region (2027-2033)
12.3. Asia-Pacific
- 12.3.1. Australia
- 12.3.2. China
- 12.3.3. India
- 12.3.4. Japan
- 12.3.5. South Korea
- 12.3.6. Rest of Asia-Pacific
12.4. Europe
- 12.4.1. France
- 12.4.2. Germany
- 12.4.3. Italy
- 12.4.4. Spain
- 12.4.5. United Kingdom
- 12.4.6. Rest of Europe
12.5. Middle East and Africa
- 12.5.1. Kingdom of Saudi Arabia
- 12.5.2. United Arab Emirates
- 12.5.3. Rest of Middle East & Africa
12.6. North America
- 12.6.1. Canada
- 12.6.2. Mexico
- 12.6.3. United States
12.7. Latin America
- 12.7.1. Argentina
- 12.7.2. Brazil
- 12.7.3. Rest of Latin America

13. Company Profile

13.1. Bard HVAC
- 13.1.1. Company details
- 13.1.2. Financial outlook
- 13.1.3. Product summary
- 13.1.4. Recent developments
13.2. Bostech Mechanical Ltd
- 13.2.1. Company details
- 13.2.2. Financial outlook
- 13.2.3. Product summary
- 13.2.4. Recent developments
13.3. Carrier Corporation
- 13.3.1. Company details
- 13.3.2. Financial outlook
- 13.3.3. Product summary
- 13.3.4. Recent developments
13.4. ClimateMaster, Inc.
- 13.4.1. Company details
- 13.4.2. Financial outlook
- 13.4.3. Product summary
- 13.4.4. Recent developments
13.5. Daikin Industries Ltd.
- 13.5.1. Company details
- 13.5.2. Financial outlook
- 13.5.3. Product summary
- 13.5.4. Recent developments
13.6. Dandelion
- 13.6.1. Company details
- 13.6.2. Financial outlook
- 13.6.3. Product summary
- 13.6.4. Recent developments
13.7. De Dietrich S.A.S.
- 13.7.1. Company details
- 13.7.2. Financial outlook
- 13.7.3. Product summary
- 13.7.4. Recent developments
13.8. Ecoforest S.A.
- 13.8.1. Company details
- 13.8.2. Financial outlook
- 13.8.3. Product summary
- 13.8.4. Recent developments
13.9. EnergySmart Alternatives
- 13.9.1. Company details
- 13.9.2. Financial outlook
- 13.9.3. Product summary
- 13.9.4. Recent developments
13.10. Free Energy Innovations
- 13.10.1. Company details
- 13.10.2. Financial outlook
- 13.10.3. Product summary
- 13.10.4. Recent developments
13.11. Maritime Geothermal Ltd
- 13.11.1. Company details
- 13.11.2. Financial outlook
- 13.11.3. Product summary
- 13.11.4. Recent developments
13.12. Mitsubishi Electric Corporation
- 13.12.1. Company details
- 13.12.2. Financial outlook
- 13.12.3. Product summary
- 13.12.4. Recent developments
13.13. Pfister Energy
- 13.13.1. Company details
- 13.13.2. Financial outlook
- 13.13.3. Product summary
- 13.13.4. Recent developments
13.14. Robert Bosch LLC
- 13.14.1. Company details
- 13.14.2. Financial outlook
- 13.14.3. Product summary
- 13.14.4. Recent developments
13.15. Sauer-Danfoss Inc.
- 13.15.1. Company details
- 13.15.2. Financial outlook
- 13.15.3. Product summary
- 13.15.4. Recent developments
13.16. Spectrum Manufacturing
- 13.16.1. Company details
- 13.16.2. Financial outlook
- 13.16.3. Product summary
- 13.16.4. Recent developments
13.17. Wolf GmbH
- 13.17.1. Company details
- 13.17.2. Financial outlook
- 13.17.3. Product summary
- 13.17.4. Recent developments
13.18. Others