Geothermal Heat Pump (GHP) Systems Market by Type and Application - Global Industry Analysis & Forecast to 2027
Published On : December 2019 Pages : 160 Category: Instrumentation & Machinery Report Code : ME127604
Geothermal Heat Pump (GHP) Systems Market by Type (Surface Water Heat Pump, Hybrid Heat Pump, Other) Application (Residential, Office Buildings, Government Center, Educational Institutes) - Global Industry Analysis & Forecast to 2027
Industry Outlook and Trend Analysis
The geothermal heat pump (GHP) systems market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Geothermal heat pumps (GHPs), also known as ground-source heat pumps that can warmth, cool, and even supply boiling water to a home by moving warmth to or from the ground. Geothermal warmth pumps can work in any atmosphere hot or cold due to the world's consistent underground temperature that is from 45° to 75° F relying upon area. In fact, a huge number of GHP frameworks are as of now warming and cooling homes and organizations around the world. Benefits offered by geothermal heat pump are low energy use, free or reduced-cost hot water, low environmental impact and low maintenance.
Drivers and Restraints
Top-down and bottom-up approaches are used to validate the global geothermal heat pump (ghp) systems market size market and estimate the market size for company, regions segments, type segments and applications (end users). In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Regional Insights
The data for 2021 is an estimate, based on the history data and the integrated view of industry experts, manufacturers, distributors and end users etc.
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Columbia
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Nigeria
- South Africa
- Rest of MEA
Competitive Analysis
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
- Robert Bosch
- Danfoss
- Glen Dimplex
- Kensa Heat Pumps
- Climate Master
- Finn Geotherm
- Ecoforest
- Stiebel Eltron
- Trane
- MODINE
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2027?
- What will be the industry market growth from 2017 to 2027?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
· Geothermal Heat Pump (GHP) Systems Market, By Type, Estimates and Forecast, 2017-2027 ($Million)
o Surface Water Heat Pump
o Hybrid Heat Pump
o Other
· Geothermal Heat Pump (GHP) Systems Market, By Application, Estimates and Forecast, 2017-2027 ($Million)
o Residential
o Office Buildings
o Government Center
o Educational Institutes
· Geothermal Heat Pump (GHP) Systems Market, By Key Players, Estimates and Forecast, 2017-2027 ($Million)
o Robert Bosch
o Danfoss
o Glen Dimplex
o Kensa Heat Pumps
o Climate Master
o Finn Geotherm
o Ecoforest
o Stiebel Eltron
o Trane
o MODINE
· Geothermal Heat Pump (GHP) Systems Market, By Region, Estimates and Forecast, 2017-2027 ($Million)
o North America
§ North America Geothermal Heat Pump (GHP) Systems Market, By Country
o U.S. Geothermal Heat Pump (GHP) Systems Market
o Canada Geothermal Heat Pump (GHP) Systems Market
o Mexico Geothermal Heat Pump (GHP) Systems Market
o Europe
§ Europe Geothermal Heat Pump (GHP) Systems Market, By Country
o Germany Geothermal Heat Pump (GHP) Systems Market
o UK Geothermal Heat Pump (GHP) Systems Market
o France Geothermal Heat Pump (GHP) Systems Market
o Russia Geothermal Heat Pump (GHP) Systems Market
o Italy Geothermal Heat Pump (GHP) Systems Market
o Rest of Europe Geothermal Heat Pump (GHP) Systems Market
o Asia-Pacific
§ Asia-Pacific Geothermal Heat Pump (GHP) Systems Market, By Country
o China Geothermal Heat Pump (GHP) Systems Market
o Japan Geothermal Heat Pump (GHP) Systems Market
o South Korea Geothermal Heat Pump (GHP) Systems Market
o India Geothermal Heat Pump (GHP) Systems Market
o Southeast Asia Geothermal Heat Pump (GHP) Systems Market
o Rest of Asia-Pacific Geothermal Heat Pump (GHP) Systems Market
o South America
§ South America Geothermal Heat Pump (GHP) Systems Market
o Brazil Geothermal Heat Pump (GHP) Systems Market
o Argentina Geothermal Heat Pump (GHP) Systems Market
o Columbia Geothermal Heat Pump (GHP) Systems Market
o Rest of South America Geothermal Heat Pump (GHP) Systems Market
o Middle East and Africa
§ Middle East and Africa Geothermal Heat Pump (GHP) Systems Market
o Saudi Arabia Geothermal Heat Pump (GHP) Systems Market
o UAE Geothermal Heat Pump (GHP) Systems Market
o Egypt Geothermal Heat Pump (GHP) Systems Market
o Nigeria Geothermal Heat Pump (GHP) Systems Market
o South Africa Geothermal Heat Pump (GHP) Systems Market
o Rest of MEA Geothermal Heat Pump (GHP) Systems Market
Table of Contents:
1. Introduction
1.1. Report Description
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market Status and Outlook (2017-2027)
4.1.2. Canada Market Status and Outlook (2017-2027)
4.1.3. Mexico Market Status and Outlook (2017-2027)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market Status and Outlook (2017-2027)
4.2.2. France Market Status and Outlook (2017-2027)
4.2.3. UK Market Status and Outlook (2017-2027)
4.2.4. Russia Market Status and Outlook (2017-2027)
4.2.5. Italy Market Status and Outlook (2017-2027)
4.2.6. Rest of Europe Market Status and Outlook (2017-2027)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market Status and Outlook (2017-2027)
4.3.2. Japan Market Status and Outlook (2017-2027)
4.3.3. Korea Market Status and Outlook (2017-2027)
4.3.4. India Market Status and Outlook (2017-2027)
4.3.5. Southeast Asia Market Status and Outlook (2017-2027)
4.3.6. Rest of Asia-Pacific Market Status and Outlook (2017-2027)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market Status and Outlook (2017-2027)
4.4.2. Argentina Market Status and Outlook (2017-2027)
4.4.3. Columbia Market Status and Outlook (2017-2027)
4.4.4. Rest of South America Market Status and Outlook (2017-2027)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market Status and Outlook (2017-2027)
4.5.2. United Arab Emirates Market Status and Outlook (2017-2027)
4.5.3. Egypt Market Status and Outlook (2017-2027)
4.5.4. Nigeria Market Status and Outlook (2017-2027)
4.5.5. South Africa Market Status and Outlook (2017-2027)
4.5.6. Turkey Market Status and Outlook (2017-2027)
4.5.7. Rest of Middle East and Africa Market Status and Outlook (2017-2027)
5. Geothermal Heat Pump (GHP) Systems Market, By Type
5.1. Introduction
5.2. Global Geothermal Heat Pump (GHP) Systems Revenue and Market Share by Type (2017-2027)
5.2.1. Global Geothermal Heat Pump (GHP) Systems Revenue and Revenue Share by Type (2017-2027)
5.3. Surface Water Heat Pump
5.3.1. Global Surface Water Heat Pump Revenue and Growth Rate (2017-2027)
5.4. Hybrid Heat Pump
5.4.1. Global Hybrid Heat Pump Revenue and Growth Rate (2017-2027)
5.5. Other
5.5.1. Global Other Revenue and Growth Rate (2017-2027)
6. Geothermal Heat Pump (GHP) Systems Market, By Application
6.1. Introduction
6.2. Global Geothermal Heat Pump (GHP) Systems Revenue and Market Share by Application (2017-2027)
6.2.1. Global Geothermal Heat Pump (GHP) Systems Revenue and Revenue Share by Application (2017-2027)
6.3. Residential
6.3.1. Global Residential Revenue and Growth Rate (2017-2027)
6.4. Office Buildings
6.4.1. Global Office Buildings Revenue and Growth Rate (2017-2027)
6.5. Government Center
6.5.1. Global Government Center Revenue and Growth Rate (2017-2027)
6.6. Educational Institutes
6.6.1. Global Educational Institutes Revenue and Growth Rate (2017-2027)
7. Geothermal Heat Pump (GHP) Systems Market, By Region
7.1. Introduction
7.2. Global Geothermal Heat Pump (GHP) Systems Revenue and Market Share by Regions
7.2.1. Global Geothermal Heat Pump (GHP) Systems Revenue by Regions (2017-2027)
7.3. North America Geothermal Heat Pump (GHP) Systems by Countries
7.3.1. North America Geothermal Heat Pump (GHP) Systems Revenue and Growth Rate (2017-2027)
7.3.2. North America Geothermal Heat Pump (GHP) Systems Revenue (Million USD) by Countries (2017-2027)
7.3.3. United States
7.3.3.1. United States Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.3.4. Canada
7.3.4.1. Canada Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.3.5. Mexico
7.3.5.1. Mexico Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.4. Europe Geothermal Heat Pump (GHP) Systems by Countries
7.4.1. Europe Geothermal Heat Pump (GHP) Systems Revenue and Growth Rate (2017-2027)
7.4.2. Europe Geothermal Heat Pump (GHP) Systems Revenue (Million USD) by Countries (2017-2027)
7.4.3. Germany
7.4.3.1. Germany Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.4. France
7.4.4.1. France Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.5. UK
7.4.5.1. UK Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.6. Russia
7.4.6.1. Russia Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.7. Italy
7.4.7.1. Italy Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.8. Rest of Europe
7.4.8.1. Rest of Europe Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.5. Asia-Pacific Geothermal Heat Pump (GHP) Systems by Countries
7.5.1. Asia-Pacific Geothermal Heat Pump (GHP) Systems Revenue and Growth Rate (2017-2027)
7.5.2. Asia-Pacific Geothermal Heat Pump (GHP) Systems Revenue (Million USD) by Countries (2017-2027)
7.5.3. China
7.5.3.1. China Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.4. Japan
7.5.4.1. Japan Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.5. Korea
7.5.5.1. Korea Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.6. India
7.5.6.1. India Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.7. Southeast Asia
7.5.7.1. Southeast Asia Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.8. Rest of Asia-Pacific
7.5.8.1. Rest of Asia-Pacific Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.6. South America Geothermal Heat Pump (GHP) Systems by Countries
7.6.1. South America Geothermal Heat Pump (GHP) Systems Revenue and Growth Rate (2017-2027)
7.6.2. South America Geothermal Heat Pump (GHP) Systems Revenue (Million USD) by Countries (2017-2027)
7.6.3. Brazil
7.6.3.1. Brazil Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.4. Argentina
7.6.4.1. Argentina Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.5. Columbia
7.6.5.1. Columbia Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.6. Rest of South America
7.6.6.1. Rest of South America Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.7. Middle East and Africa Geothermal Heat Pump (GHP) Systems by Countries
7.7.1. Middle East and Africa Geothermal Heat Pump (GHP) Systems Revenue and Growth Rate (2017-2027)
7.7.2. Middle East and Africa Geothermal Heat Pump (GHP) Systems Revenue (Million USD) by Countries (2017-2027)
7.7.3. Saudi Arabia
7.7.3.1. Saudi Arabia Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.4. United Arab Emirates
7.7.4.1. United Arab Emirates Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.5. Egypt
7.7.5.1. Egypt Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.6. Nigeria
7.7.6.1. Nigeria Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.7. South Africa
7.7.7.1. South Africa Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.8. Turkey
7.7.8.1. Turkey Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.9. Rest of Middle East and Africa
7.7.9.1. Rest of Middle East and Africa Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
8. Company Profiles
8.1. Robert Bosch
8.1.1. Business Overview
8.1.2. Service Portfolio
8.1.3. Strategic Developments
8.1.4. Financial Overview
8.2. Danfoss
8.2.1. Business Overview
8.2.2. Service Portfolio
8.2.3. Strategic Developments
8.2.4. Financial Overview
8.3. Glen Dimplex
8.3.1. Business Overview
8.3.2. Service Portfolio
8.3.3. Strategic Developments
8.3.4. Financial Overview
8.4. Kensa Heat Pumps
8.4.1. Business Overview
8.4.2. Service Portfolio
8.4.3. Strategic Developments
8.4.4. Financial Overview
8.5. Climate Master
8.5.1. Business Overview
8.5.2. Service Portfolio
8.5.3. Strategic Developments
8.5.4. Financial Overview
8.6. Finn Geotherm
8.6.1. Business Overview
8.6.2. Service Portfolio
8.6.3. Strategic Developments
8.6.4. Financial Overview
8.7. Ecoforest
8.7.1. Business Overview
8.7.2. Service Portfolio
8.7.3. Strategic Developments
8.7.4. Financial Overview
8.8. Stiebel Eltron
8.8.1. Business Overview
8.8.2. Service Portfolio
8.8.3. Strategic Developments
8.8.4. Financial Overview
8.9. Trane
8.9.1. Business Overview
8.9.2. Service Portfolio
8.9.3. Strategic Developments
8.9.4. Financial Overview
8.10. MODINE
8.10.1. Business Overview
8.10.2. Service Portfolio
8.10.3. Strategic Developments
8.10.4. Financial Overview
9. Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.1. Global Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2027)
9.2. Geothermal Heat Pump (GHP) Systems Market Forecast by Regions (2017-2027)
9.2.1. North America Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.1.1. United States Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.1.2. Canada Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.1.3. Mexico Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.2. Europe Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.2.1. Germany Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.2.2. France Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.2.3. UK Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.2.4. Russia Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.2.5. Italy Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.2.6. Rest of Europe Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.3. Asia-Pacific Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.3.1. China Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.3.2. Japan Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.3.3. Korea Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.3.4. India Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.3.5. Southeast Asia Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.3.6. Rest of Asia-Pacific Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.4. South America Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.4.1. Brazil Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.4.2. Argentina Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.4.3. Columbia Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.4.4. Rest of South America Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.5. Middle East and Africa Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.5.1. Saudi Arabia Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.5.2. United Arab Emirates Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.5.3. Egypt Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.5.4. Nigeria Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.5.5. South Africa Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.5.6. Turkey Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.2.5.7. Rest of Middle East and Africa Geothermal Heat Pump (GHP) Systems Market Forecast (2017-2027)
9.3. Geothermal Heat Pump (GHP) Systems Market Forecast by Type (2017-2027)
9.3.1. Geothermal Heat Pump (GHP) Systems Forecast by Type (2017-2027)
9.3.2. Geothermal Heat Pump (GHP) Systems Market Share Forecast by Type (2017-2027)
9.4. Geothermal Heat Pump (GHP) Systems Market Forecast by Application (2017-2027)
9.4.1. Geothermal Heat Pump (GHP) Systems Forecast by Application (2017-2027)
9.4.2. Geothermal Heat Pump (GHP) Systems Market Share Forecast by Application (2017-2027)
List of Tables
List of Tables and Figures:
Figure United States Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Canada Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Mexico Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Germany Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure France Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure UK Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Russia Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Italy Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Rest of Europe Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure China Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Japan Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Korea Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure India Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Southeast Asia Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Rest of Asia-Pacific Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Brazil Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Argentina Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Columbia Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Rest of South America Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Saudi Arabia Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure United Arab Emirates Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Egypt Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Nigeria Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure South Africa Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Turkey Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Figure Rest of Middle East and Africa Geothermal Heat Pump (GHP) Systems Revenue (Million USD) and Growth Rate (2017-2025)
Table Global Geothermal Heat Pump (GHP) Systems Revenue and Revenue Share by Type (2017-2018)
Figure Global Surface Water Heat Pump Revenue and Growth Rate (2017-2018)
Figure Global Hybrid Heat Pump Revenue and Growth Rate (2017-2018)
Figure Global Other Revenue and Growth Rate (2017-2018)
Table Global Geothermal Heat Pump (GHP) Systems Revenue and Revenue Share by Application (2017-2018)
Figure Global Residential Revenue and Growth Rate (2017-2018)
Figure Global Office Buildings Revenue and Growth Rate (2017-2018)
Figure Global Government Center Revenue and Growth Rate (2017-2018)
Figure Global Educational Institutes Revenue and Growth Rate (2017-2018)
Table Global Geothermal Heat Pump (GHP) Systems Revenue by Regions (2017-2018)
Figure North America Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure North America Geothermal Heat Pump (GHP) Systems Revenue and Growth Rate (2017-2018)
Figure North America Geothermal Heat Pump (GHP) Systems by Countries (2017-2018)
Figure North America Geothermal Heat Pump (GHP) Systems Revenue (Million USD) by Countries (2017-2018)
Figure United States Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure United States Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Canada Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Canada Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Mexico Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Mexico Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Europe Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Europe Geothermal Heat Pump (GHP) Systems Revenue and Growth Rate (2017-2018)
Figure Europe Geothermal Heat Pump (GHP) Systems by Countries (2017-2018)
Figure Europe Geothermal Heat Pump (GHP) Systems Revenue (Million USD) by Countries (2017-2018)
Figure Germany Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Germany Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure France Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure France Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure UK Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure UK Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Russia Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Russia Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Italy Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Italy Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Rest of Europe Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Rest of Europe Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Asia-Pacific Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Asia-Pacific Geothermal Heat Pump (GHP) Systems Revenue and Growth Rate (2017-2018)
Figure Asia-Pacific Geothermal Heat Pump (GHP) Systems by Countries (2017-2018)
Figure Asia-Pacific Geothermal Heat Pump (GHP) Systems Revenue (Million USD) by Countries (2017-2018)
Figure China Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure China Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Japan Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Japan Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Korea Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Korea Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure India Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure India Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Southeast Asia Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Southeast Asia Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Rest of Asia-Pacific Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Rest of Asia-Pacific Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure South America Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure South America Geothermal Heat Pump (GHP) Systems Revenue and Growth Rate (2017-2018)
Figure South America Geothermal Heat Pump (GHP) Systems by Countries (2017-2018)
Figure South America Geothermal Heat Pump (GHP) Systems Revenue (Million USD) by Countries (2017-2018)
Figure Brazil Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Brazil Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Argentina Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Argentina Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Columbia Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Columbia Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Rest of South America Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Rest of South America Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Middle East and Africa Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Middle East and Africa Geothermal Heat Pump (GHP) Systems Revenue and Growth Rate (2017-2018)
Figure Middle East and Africa Geothermal Heat Pump (GHP) Systems by Countries (2017-2018)
Figure Middle East and Africa Geothermal Heat Pump (GHP) Systems Revenue (Million USD) by Countries (2017-2018)
Figure Saudi Arabia Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Saudi Arabia Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure United Arab Emirates Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure United Arab Emirates Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Egypt Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Egypt Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Nigeria Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Nigeria Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure South Africa Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure South Africa Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Turkey Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Turkey Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Rest of Middle East and Africa Geothermal Heat Pump (GHP) Systems Growth Rate (2017-2018)
Figure Rest of Middle East and Africa Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2017-2018)
Table Robert Bosch Geothermal Heat Pump (GHP) Systems Financial Overview
Table Danfoss Geothermal Heat Pump (GHP) Systems Financial Overview
Table Glen Dimplex Geothermal Heat Pump (GHP) Systems Financial Overview
Table Kensa Heat Pumps Geothermal Heat Pump (GHP) Systems Financial Overview
Table Climate Master Geothermal Heat Pump (GHP) Systems Financial Overview
Table Finn Geotherm Geothermal Heat Pump (GHP) Systems Financial Overview
Table Ecoforest Geothermal Heat Pump (GHP) Systems Financial Overview
Table Stiebel Eltron Geothermal Heat Pump (GHP) Systems Financial Overview
Table Trane Geothermal Heat Pump (GHP) Systems Financial Overview
Table MODINE Geothermal Heat Pump (GHP) Systems Financial Overview
Figure Global Geothermal Heat Pump (GHP) Systems Revenue (Millions USD) and Growth Rate (2018-2025)
Table Geothermal Heat Pump (GHP) Systems Market Forecast by Regions (2018-2025)
Figure North America Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure United States Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Canada Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Mexico Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Europe Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Germany Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure France Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure UK Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Russia Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Italy Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Rest of Europe Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Asia-Pacific Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure China Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Japan Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Korea Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure India Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Southeast Asia Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Rest of Asia-Pacific Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure South America Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Brazil Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Argentina Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Columbia Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Rest of South America Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Middle East and Africa Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Saudi Arabia Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure United Arab Emirates Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Egypt Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Nigeria Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure South Africa Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Turkey Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Rest of Middle East and Africa Geothermal Heat Pump (GHP) Systems Market Forecast (2018-2025)
Figure Global Geothermal Heat Pump (GHP) Systems Forecast by Type (2018-2025)
Figure Global Geothermal Heat Pump (GHP) Systems Market Share Forecast by Type (2018-2025)
Figure Global Geothermal Heat Pump (GHP) Systems Forecast by Type (2018-2025)
Figure Global Geothermal Heat Pump (GHP) Systems Forecast by Application (2018-2025)
Figure Global Geothermal Heat Pump (GHP) Systems Market Share Forecast by Application (2018-2025)
Figure Global Geothermal Heat Pump (GHP) Systems Forecast by Application (2018-2025)
Please Note: Data related to the Companies are subject to Availability.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Data Collection Matrix |
Supply Side |
Demand Side |
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Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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