Los Angeles, CA -- (SBWIRE) -- 11/22/2018 -- This study focuses on the production side and consumption side of Geothermal Heat Pumps (GHPs), presents the global Geothermal Heat Pumps (GHPs) market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the Geothermal Heat Pumps (GHPs) capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Geothermal Heat Pumps (GHPs) by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

A geothermal heat pump (GHPs) or ground source heat pump is a central water heating system that uses geothermal energy to heat the water.

The increasing concern of policy makers towards energy security, environmental sustainability, and trend towards bio-economy based development and well-being of the nation is driving the global geothermal heat pump market.

Europe is the largest market of geothermal heat pump followed closely by United States and Asia Pacific. Country wise, Denmark Sweden and Switzerland are the largest market of geothermal heat pump in Europe.

Asia Pacific is the fasted growing market fueled mainly by the growing demand of the geothermal technology in economically growing countries in this region such as China, Japan and India.

The Geothermal Heat Pumps (GHPs) market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Geothermal Heat Pumps (GHPs).

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This report includes the following manufacturers; we can also add the other companies as you want.

Alstom

Altarock Energy

Baker Hughes

Calpine

Climatemaster

Contact Energy

Exorka

Florida Heat Pumps

Geodynamics

Geoglobal Energy

Magma Energy

Nevada Geothermal Power

Water Furnace

Market Segment by Product Type

Ground Heat Exchange

Direct Heat Exchange

Close Loop System

Open Loop System

Market Segment by Application

Domestic

Commercial

Industrial

Key Regions split in this report:

North America

United States

Canada

Mexico

Asia-Pacific

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