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Ground Source Heat Pump-Global Market Insights and Sales Trends 2025
Synopsis
The global Ground Source Heat Pump market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Ground Source Heat Pump in various end use industries. The expanding demands from the Household, Commercial, Industrial and Other, are propelling Ground Source Heat Pump market. Direct Exchange (DX), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Closed Loop segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Ground Source Heat Pump market, driven by demand from China, the second largest economy with some signs of stabilising, the Ground Source Heat Pump market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Ground Source Heat Pump, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Ground Source Heat Pump market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Ground Source Heat Pump market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Ground Source Heat Pump sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Ground Source Heat Pump covered in this report include Bosch, Carrier, Climatemaster, NEURA, OCHSNER Warmepumpen, Spectrum Manufacturing, Dimplex, EarthLinked Technologies and Enertech Global, etc.
The global Ground Source Heat Pump market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
Carrier
Climatemaster
NEURA
OCHSNER Warmepumpen
Spectrum Manufacturing
Dimplex
EarthLinked Technologies
Enertech Global
Finn Geotherm
Kensa Heat Pumps
WaterFurnace Renewable Energy
Danfoss Group
Trane
Bryant Heating and Cooling Systems
Global Ground Source Heat Pump market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Ground Source Heat Pump market, Segment by Type:
Direct Exchange (DX)
Closed Loop
Open Loop
Global Ground Source Heat Pump market, by Application
Household
Commercial
Industrial
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Ground Source Heat Pump manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Ground Source Heat Pump in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Ground Source Heat Pump market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Ground Source Heat Pump in various end use industries. The expanding demands from the Household, Commercial, Industrial and Other, are propelling Ground Source Heat Pump market. Direct Exchange (DX), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Closed Loop segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Ground Source Heat Pump market, driven by demand from China, the second largest economy with some signs of stabilising, the Ground Source Heat Pump market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Ground Source Heat Pump, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Ground Source Heat Pump market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Ground Source Heat Pump market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Ground Source Heat Pump sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Ground Source Heat Pump covered in this report include Bosch, Carrier, Climatemaster, NEURA, OCHSNER Warmepumpen, Spectrum Manufacturing, Dimplex, EarthLinked Technologies and Enertech Global, etc.
The global Ground Source Heat Pump market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
Carrier
Climatemaster
NEURA
OCHSNER Warmepumpen
Spectrum Manufacturing
Dimplex
EarthLinked Technologies
Enertech Global
Finn Geotherm
Kensa Heat Pumps
WaterFurnace Renewable Energy
Danfoss Group
Trane
Bryant Heating and Cooling Systems
Global Ground Source Heat Pump market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Ground Source Heat Pump market, Segment by Type:
Direct Exchange (DX)
Closed Loop
Open Loop
Global Ground Source Heat Pump market, by Application
Household
Commercial
Industrial
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Ground Source Heat Pump manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Ground Source Heat Pump in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Ground Source Heat Pump Market Overview
1.1 Ground Source Heat Pump Product Overview
1.2 Ground Source Heat Pump Market Segment by Type
1.2.1 Direct Exchange (DX)
1.2.2 Closed Loop
1.2.3 Open Loop
1.3 Global Ground Source Heat Pump Market Size by Type
1.3.1 Global Ground Source Heat Pump Market Size Overview by Type (2018-2029)
1.3.2 Global Ground Source Heat Pump Historic Market Size Review by Type (2018-2023)
1.3.3 Global Ground Source Heat Pump Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Ground Source Heat Pump Sales Breakdown by Type (2018-2023)
1.4.2 Europe Ground Source Heat Pump Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Ground Source Heat Pump Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Ground Source Heat Pump Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Ground Source Heat Pump Sales Breakdown by Type (2018-2023)
2 Global Ground Source Heat Pump Market Competition by Company
2.1 Global Top Players by Ground Source Heat Pump Sales (2018-2023)
2.2 Global Top Players by Ground Source Heat Pump Revenue (2018-2023)
2.3 Global Top Players by Ground Source Heat Pump Price (2018-2023)
2.4 Global Top Manufacturers Ground Source Heat Pump Manufacturing Base Distribution, Sales Area, Product Type
2.5 Ground Source Heat Pump Market Competitive Situation and Trends
2.5.1 Ground Source Heat Pump Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Ground Source Heat Pump Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Ground Source Heat Pump as of 2022)
2.7 Date of Key Manufacturers Enter into Ground Source Heat Pump Market
2.8 Key Manufacturers Ground Source Heat Pump Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Ground Source Heat Pump Status and Outlook by Region
3.1 Global Ground Source Heat Pump Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Ground Source Heat Pump Historic Market Size by Region
3.2.1 Global Ground Source Heat Pump Sales in Volume by Region (2018-2023)
3.2.2 Global Ground Source Heat Pump Sales in Value by Region (2018-2023)
3.2.3 Global Ground Source Heat Pump Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Ground Source Heat Pump Forecasted Market Size by Region
3.3.1 Global Ground Source Heat Pump Sales in Volume by Region (2024-2029)
3.3.2 Global Ground Source Heat Pump Sales in Value by Region (2024-2029)
3.3.3 Global Ground Source Heat Pump Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Ground Source Heat Pump by Application
4.1 Ground Source Heat Pump Market Segment by Application
4.1.1 Household
4.1.2 Commercial
4.1.3 Industrial
4.1.4 Other
4.2 Global Ground Source Heat Pump Market Size by Application
4.2.1 Global Ground Source Heat Pump Market Size Overview by Application (2018-2029)
4.2.2 Global Ground Source Heat Pump Historic Market Size Review by Application (2018-2023)
4.2.3 Global Ground Source Heat Pump Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Ground Source Heat Pump Sales Breakdown by Application (2018-2023)
4.3.2 Europe Ground Source Heat Pump Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Ground Source Heat Pump Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Ground Source Heat Pump Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Ground Source Heat Pump Sales Breakdown by Application (2018-2023)
5 North America Ground Source Heat Pump by Country
5.1 North America Ground Source Heat Pump Historic Market Size by Country
5.1.1 North America Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Ground Source Heat Pump Sales in Volume by Country (2018-2023)
5.1.3 North America Ground Source Heat Pump Sales in Value by Country (2018-2023)
5.2 North America Ground Source Heat Pump Forecasted Market Size by Country
5.2.1 North America Ground Source Heat Pump Sales in Volume by Country (2024-2029)
5.2.2 North America Ground Source Heat Pump Sales in Value by Country (2024-2029)
6 Europe Ground Source Heat Pump by Country
6.1 Europe Ground Source Heat Pump Historic Market Size by Country
6.1.1 Europe Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Ground Source Heat Pump Sales in Volume by Country (2018-2023)
6.1.3 Europe Ground Source Heat Pump Sales in Value by Country (2018-2023)
6.2 Europe Ground Source Heat Pump Forecasted Market Size by Country
6.2.1 Europe Ground Source Heat Pump Sales in Volume by Country (2024-2029)
6.2.2 Europe Ground Source Heat Pump Sales in Value by Country (2024-2029)
7 Asia-Pacific Ground Source Heat Pump by Region
7.1 Asia-Pacific Ground Source Heat Pump Historic Market Size by Region
7.1.1 Asia-Pacific Ground Source Heat Pump Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Ground Source Heat Pump Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Ground Source Heat Pump Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Ground Source Heat Pump Forecasted Market Size by Region
7.2.1 Asia-Pacific Ground Source Heat Pump Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Ground Source Heat Pump Sales in Value by Region (2024-2029)
8 Latin America Ground Source Heat Pump by Country
8.1 Latin America Ground Source Heat Pump Historic Market Size by Country
8.1.1 Latin America Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Ground Source Heat Pump Sales in Volume by Country (2018-2023)
8.1.3 Latin America Ground Source Heat Pump Sales in Value by Country (2018-2023)
8.2 Latin America Ground Source Heat Pump Forecasted Market Size by Country
8.2.1 Latin America Ground Source Heat Pump Sales in Volume by Country (2024-2029)
8.2.2 Latin America Ground Source Heat Pump Sales in Value by Country (2024-2029)
9 Middle East and Africa Ground Source Heat Pump by Country
9.1 Middle East and Africa Ground Source Heat Pump Historic Market Size by Country
9.1.1 Middle East and Africa Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Ground Source Heat Pump Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Ground Source Heat Pump Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Ground Source Heat Pump Forecasted Market Size by Country
9.2.1 Middle East and Africa Ground Source Heat Pump Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Ground Source Heat Pump Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Bosch
10.1.1 Bosch Company Information
10.1.2 Bosch Introduction and Business Overview
10.1.3 Bosch Ground Source Heat Pump Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Bosch Ground Source Heat Pump Products Offered
10.1.5 Bosch Recent Development
10.2 Carrier
10.2.1 Carrier Company Information
10.2.2 Carrier Introduction and Business Overview
10.2.3 Carrier Ground Source Heat Pump Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Carrier Ground Source Heat Pump Products Offered
10.2.5 Carrier Recent Development
10.3 Climatemaster
10.3.1 Climatemaster Company Information
10.3.2 Climatemaster Introduction and Business Overview
10.3.3 Climatemaster Ground Source Heat Pump Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Climatemaster Ground Source Heat Pump Products Offered
10.3.5 Climatemaster Recent Development
10.4 NEURA
10.4.1 NEURA Company Information
10.4.2 NEURA Introduction and Business Overview
10.4.3 NEURA Ground Source Heat Pump Sales, Revenue and Gross Margin (2018-2023)
10.4.4 NEURA Ground Source Heat Pump Products Offered
10.4.5 NEURA Recent Development
10.5 OCHSNER Warmepumpen
10.5.1 OCHSNER Warmepumpen Company Information
10.5.2 OCHSNER Warmepumpen Introduction and Business Overview
10.5.3 OCHSNER Warmepumpen Ground Source Heat Pump Sales, Revenue and Gross Margin (2018-2023)
10.5.4 OCHSNER Warmepumpen Ground Source Heat Pump Products Offered
10.5.5 OCHSNER Warmepumpen Recent Development
10.6 Spectrum Manufacturing
10.6.1 Spectrum Manufacturing Company Information
10.6.2 Spectrum Manufacturing Introduction and Business Overview
10.6.3 Spectrum Manufacturing Ground Source Heat Pump Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Spectrum Manufacturing Ground Source Heat Pump Products Offered
10.6.5 Spectrum Manufacturing Recent Development
10.7 Dimplex
10.7.1 Dimplex Company Information
10.7.2 Dimplex Introduction and Business Overview
10.7.3 Dimplex Ground Source Heat Pump Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Dimplex Ground Source Heat Pump Products Offered
10.7.5 Dimplex Recent Development
10.8 EarthLinked Technologies
10.8.1 EarthLinked Technologies Company Information
10.8.2 EarthLinked Technologies Introduction and Business Overview
10.8.3 EarthLinked Technologies Ground Source Heat Pump Sales, Revenue and Gross Margin (2018-2023)
10.8.4 EarthLinked Technologies Ground Source Heat Pump Products Offered
10.8.5 EarthLinked Technologies Recent Development
10.9 Enertech Global
10.9.1 Enertech Global Company Information
10.9.2 Enertech Global Introduction and Business Overview
10.9.3 Enertech Global Ground Source Heat Pump Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Enertech Global Ground Source Heat Pump Products Offered
10.9.5 Enertech Global Recent Development
10.10 Finn Geotherm
10.10.1 Finn Geotherm Company Information
10.10.2 Finn Geotherm Introduction and Business Overview
10.10.3 Finn Geotherm Ground Source Heat Pump Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Finn Geotherm Ground Source Heat Pump Products Offered
10.10.5 Finn Geotherm Recent Development
10.11 Kensa Heat Pumps
10.11.1 Kensa Heat Pumps Company Information
10.11.2 Kensa Heat Pumps Introduction and Business Overview
10.11.3 Kensa Heat Pumps Ground Source Heat Pump Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Kensa Heat Pumps Ground Source Heat Pump Products Offered
10.11.5 Kensa Heat Pumps Recent Development
10.12 WaterFurnace Renewable Energy
10.12.1 WaterFurnace Renewable Energy Company Information
10.12.2 WaterFurnace Renewable Energy Introduction and Business Overview
10.12.3 WaterFurnace Renewable Energy Ground Source Heat Pump Sales, Revenue and Gross Margin (2018-2023)
10.12.4 WaterFurnace Renewable Energy Ground Source Heat Pump Products Offered
10.12.5 WaterFurnace Renewable Energy Recent Development
10.13 Danfoss Group
10.13.1 Danfoss Group Company Information
10.13.2 Danfoss Group Introduction and Business Overview
10.13.3 Danfoss Group Ground Source Heat Pump Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Danfoss Group Ground Source Heat Pump Products Offered
10.13.5 Danfoss Group Recent Development
10.14 Trane
10.14.1 Trane Company Information
10.14.2 Trane Introduction and Business Overview
10.14.3 Trane Ground Source Heat Pump Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Trane Ground Source Heat Pump Products Offered
10.14.5 Trane Recent Development
10.15 Bryant Heating and Cooling Systems
10.15.1 Bryant Heating and Cooling Systems Company Information
10.15.2 Bryant Heating and Cooling Systems Introduction and Business Overview
10.15.3 Bryant Heating and Cooling Systems Ground Source Heat Pump Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Bryant Heating and Cooling Systems Ground Source Heat Pump Products Offered
10.15.5 Bryant Heating and Cooling Systems Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Ground Source Heat Pump Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Ground Source Heat Pump Industrial Chain Analysis
11.4 Ground Source Heat Pump Market Dynamics
11.4.1 Ground Source Heat Pump Industry Trends
11.4.2 Ground Source Heat Pump Market Drivers
11.4.3 Ground Source Heat Pump Market Challenges
11.4.4 Ground Source Heat Pump Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Ground Source Heat Pump Distributors
12.3 Ground Source Heat Pump Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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