Geothermal Heat Pumps Market - Evolving Trends, Growth and Industry Analysis by 2020
Geothermal heat pumps utilize the presence of stable temperature underground as the exchange medium to heat, cool, or supply hot water to buildings, through a ground heat exchanger. The technology is a significant advancement to conventional heating, ventilating, and air conditioning (HVAC) systems that are typically based on air-source heat pumps. Geothermal heat pumps and the technology are gaining increasing adoption across residential and commercial buildings, as they are considered as viable technology in renewable heating of homes.
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