As the global economy mends, the 2021 growth of Geothermal Heat Pump (GHP) Systems will have significant change from previous year. According to our (LP Information) latest study, the global Geothermal Heat Pump (GHP) Systems market size is USD million in 2022 from USD 4382.8 million in 2021, with a change of % between 2021 and 2022. The global Geothermal Heat Pump (GHP) Systems market size will reach USD 8412 million in 2028, growing at a CAGR of 9.8% over the analysis period.
The United States Geothermal Heat Pump (GHP) Systems market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Geothermal Heat Pump (GHP) Systems market, reaching US$ million by the year 2028. As for the Europe Geothermal Heat Pump (GHP) Systems landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Geothermal Heat Pump (GHP) Systems players cover Robert Bosch, Kensa Heat Pumps, Finn Geotherm, and Stiebel Eltron, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
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: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
Surface Water Heat Pump
Hybrid Heat Pump
Others
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Residential
Government Center
Office Buildings
Educational Institutes
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
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 report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
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