Global Geothermal Heat Pumps Industry

Global Geothermal Heat Pumps Market to Reach $182. 2 Billion by 2027. Amid the COVID-19 crisis, the global market for Geothermal Heat Pumps estimated at US$81 Billion in the year 2020, is projected to reach a revised size of US$182.

New York, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Geothermal Heat Pumps Industry" - https://www.reportlinker.com/p05960951/?utm_source=GNW
2 Billion by 2027, growing at aCAGR of 12.3% over the period 2020-2027. Open Loop Systems, one of the segments analyzed in the report, is projected to record 11.5% CAGR and reach US$34.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Closed Loop Systems segment is readjusted to a revised 12.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $23.9 Billion, While China is Forecast to Grow at 11.9% CAGR

The Geothermal Heat Pumps market in the U.S. is estimated at US$23.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$32 Billion by the year 2027 trailing a CAGR of 11.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.7% and 10.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.1% CAGR.We bring years of research experience to this 9th edition of our report. The 187-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

• Alstom SA

• AltaRock Energy, Inc.

• Baker Hughes, Inc.

• Calpine Corporation

• Climatemaster Inc.

• Contact Energy Ltd.

• ReNu Energy Ltd.

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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Global Competitor Market Shares
Geothermal Heat Pumps Competitor Market Share Scenario
Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
Table 1: Geothermal Heat Pumps Global Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027

Table 2: Geothermal Heat Pumps Global Retrospective Market
Scenario in US$ Million by Region/Country: 2012-2019

Table 3: Geothermal Heat Pumps Market Share Shift across Key
Geographies Worldwide: 2012 VS 2020 VS 2027

Table 4: Open Loop Systems (Technology) World Market by
Region/Country in US$ Million: 2020 to 2027

Table 5: Open Loop Systems (Technology) Historic Market
Analysis by Region/Country in US$ Million: 2012 to 2019

Table 6: Open Loop Systems (Technology) Market Share Breakdown
of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027

Table 7: Closed Loop Systems (Technology) Potential Growth
Markets Worldwide in US$ Million: 2020 to 2027

Table 8: Closed Loop Systems (Technology) Historic Market
Perspective by Region/Country in US$ Million: 2012 to 2019

Table 9: Closed Loop Systems (Technology) Market Sales
Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027

Table 10: Residential (End-Use) Global Market Estimates &
Forecasts in US$ Million by Region/Country: 2020-2027

Table 11: Residential (End-Use) Retrospective Demand Analysis
in US$ Million by Region/Country: 2012-2019

Table 12: Residential (End-Use) Market Share Breakdown by
Region/Country: 2012 VS 2020 VS 2027

Table 13: Commercial (End-Use) Demand Potential Worldwide in
US$ Million by Region/Country: 2020-2027

Table 14: Commercial (End-Use) Historic Sales Analysis in US$
Million by Region/Country: 2012-2019

Table 15: Commercial (End-Use) Share Breakdown Review by
Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Geothermal Heat Pumps Market Share (in %) by Company: 2019 &
2025
Market Analytics
Table 16: Geothermal Heat Pumps Market in US$ Million in the
United States by Technology: 2020-2027

Table 17: United States Geothermal Heat Pumps Market
Retrospective Analysis in US$ Million by Technology: 2012-2019

Table 18: United States Geothermal Heat Pumps Market Share
Breakdown by Technology: 2012 VS 2020 VS 2027

Table 19: United States Geothermal Heat Pumps Latent Demand
Forecasts in US$ Million by End-Use: 2020 to 2027

Table 20: Geothermal Heat Pumps Historic Demand Patterns in the
United States by End-Use in US$ Million for 2012-2019

Table 21: Geothermal Heat Pumps Market Share Breakdown in the
United States by End-Use: 2012 VS 2020 VS 2027

CANADA
Table 22: Geothermal Heat Pumps Market Analysis in Canada in
US$ Million by Technology: 2020-2027

Table 23: Geothermal Heat Pumps Market in Canada: Historic
Review in US$ Million by Technology for the Period 2012-2019

Table 24: Canadian Geothermal Heat Pumps Market Share Breakdown
by Technology: 2012 VS 2020 VS 2027

Table 25: Canadian Geothermal Heat Pumps Market Quantitative
Demand Analysis in US$ Million by End-Use: 2020 to 2027

Table 26: Geothermal Heat Pumps Market in Canada: Summarization
of Historic Demand Patterns in US$ Million by End-Use for
2012-2019

Table 27: Canadian Geothermal Heat Pumps Market Share Analysis
by End-Use: 2012 VS 2020 VS 2027

JAPAN
Table 28: Japanese Medium & Long-Term Outlook for Geothermal
Heat Pumps Market in US$ Million by Technology: 2020-2027

Table 29: Geothermal Heat Pumps Market in Japan in US$ Million
by Technology: 2012-2019

Table 30: Japanese Geothermal Heat Pumps Market Percentage
Share Distribution by Technology: 2012 VS 2020 VS 2027

Table 31: Japanese Demand Estimates and Forecasts for
Geothermal Heat Pumps in US$ Million by End-Use: 2020 to 2027

Table 32: Japanese Geothermal Heat Pumps Market in US$ Million
by End-Use: 2012-2019

Table 33: Geothermal Heat Pumps Market Share Shift in Japan by
End-Use: 2012 VS 2020 VS 2027

CHINA
Table 34: Geothermal Heat Pumps Market Estimates and Forecasts
in China in US$ Million by Technology: 2020-2027

Table 35: Chinese Geothermal Heat Pumps Retrospective Market
Scenario in US$ Million by Technology: 2012-2019

Table 36: Geothermal Heat Pumps Market in China: Percentage
Share Analysis by Technology for 2012, 2020, and 2027

Table 37: Chinese Demand for Geothermal Heat Pumps in US$
Million by End-Use: 2020 to 2027

Table 38: Geothermal Heat Pumps Market Review in China in US$
Million by End-Use: 2012-2019

Table 39: Chinese Geothermal Heat Pumps Market Share Breakdown
by End-Use: 2012 VS 2020 VS 2027

EUROPE
Market Facts & Figures
European Geothermal Heat Pumps Market: Competitor Market Share
Scenario (in %) for 2019 & 2025
Market Analytics
Table 40: European Geothermal Heat Pumps Market Demand Scenario
in US$ Million by Region/Country: 2020-2027

Table 41: Geothermal Heat Pumps Market in Europe: A Historic
Market Perspective in US$ Million by Region/Country for the
Period 2012-2019

Table 42: European Geothermal Heat Pumps Market Share Shift by
Region/Country: 2012 VS 2020 VS 2027

Table 43: European Geothermal Heat Pumps Market Assessment in
US$ Million by Technology: 2020-2027

Table 44: European Geothermal Heat Pumps Historic Market Review
in US$ Million by Technology: 2012-2019

Table 45: Geothermal Heat Pumps Market in Europe: Percentage
Breakdown of Salesby Technology for 2012, 2020, and 2027

Table 46: European Geothermal Heat Pumps Addressable Market
Opportunity in US$ Million by End-Use: 2020-2027

Table 47: Geothermal Heat Pumps Market in Europe: Summarization
of Historic Demand in US$ Million by End-Use for the Period
2012-2019

Table 48: European Geothermal Heat Pumps Market Share Analysis
by End-Use: 2012 VS 2020 VS 2027

FRANCE
Table 49: French Geothermal Heat Pumps Market Estimates and
Projections in US$ Million by Technology: 2020-2027

Table 50: French Geothermal Heat Pumps Historic Market Analysis
in US$ Million by Technology: 2012-2019

Table 51: French Geothermal Heat Pumps Market Share Breakdown
by Technology: 2012 VS 2020 VS 2027

Table 52: Geothermal Heat Pumps Quantitative Demand Analysis in
France in US$ Million by End-Use: 2020-2027

Table 53: French Geothermal Heat Pumps Historic Market Review
in US$ Million by End-Use: 2012-2019

Table 54: French Geothermal Heat Pumps Market Share Analysis:
A 17-Year Perspective by End-Use for 2012, 2020, and 2027

GERMANY
Table 55: German Geothermal Heat Pumps Latent Demand Forecasts
in US$ Million by Technology: 2020-2027

Table 56: Geothermal Heat Pumps Market in Germany: A Historic
Perspective by Technology in US$ Million for the Period
2012-2019

Table 57: German Geothermal Heat Pumps Market Share Breakdown
by Technology: 2012 VS 2020 VS 2027

Table 58: Geothermal Heat Pumps Market in Germany: Annual Sales
Estimates and Forecasts in US$ Million by End-Use for the
Period 2020-2027

Table 59: German Geothermal Heat Pumps Market in Retrospect in
US$ Million by End-Use: 2012-2019

Table 60: Geothermal Heat Pumps Market Share Distribution in
Germany by End-Use: 2012 VS 2020 VS 2027

ITALY
Table 61: Geothermal Heat Pumps Market Estimates and Forecasts
in Italy in US$ Million by Technology: 2020-2027

Table 62: Italian Geothermal Heat Pumps Retrospective Market
Scenario in US$ Million by Technology: 2012-2019

Table 63: Geothermal Heat Pumps Market in Italy: Percentage
Share Analysis by Technology for 2012, 2020, and 2027

Table 64: Italian Demand for Geothermal Heat Pumps in US$
Million by End-Use: 2020 to 2027

Table 65: Geothermal Heat Pumps Market Review in Italy in US$
Million by End-Use: 2012-2019

Table 66: Italian Geothermal Heat Pumps Market Share Breakdown
by End-Use: 2012 VS 2020 VS 2027

UNITED KINGDOM
Table 67: United Kingdom Medium & Long-Term Outlook for
Geothermal Heat Pumps Market in US$ Million by Technology:
2020-2027

Table 68: Geothermal Heat Pumps Market in the United Kingdom in
US$ Million by Technology: 2012-2019

Table 69: United Kingdom Geothermal Heat Pumps Market
Percentage Share Distribution by Technology: 2012 VS 2020 VS
2027

Table 70: United Kingdom Demand Estimates and Forecasts for
Geothermal Heat Pumps in US$ Million by End-Use: 2020 to 2027

Table 71: United Kingdom Geothermal Heat Pumps Market in US$
Million by End-Use: 2012-2019

Table 72: Geothermal Heat Pumps Market Share Shift in the
United Kingdom by End-Use: 2012 VS 2020 VS 2027

REST OF EUROPE
Table 73: Rest of Europe Geothermal Heat Pumps Market
Assessment in US$ Million by Technology: 2020-2027

Table 74: Rest of Europe Geothermal Heat Pumps Historic Market
Review in US$ Million by Technology: 2012-2019

Table 75: Geothermal Heat Pumps Market in Rest of Europe:
Percentage Breakdown of Sales by Technology for 2012, 2020, and
2027

Table 76: Rest of Europe Geothermal Heat Pumps Addressable
Market Opportunity in US$ Million by End-Use: 2020-2027

Table 77: Geothermal Heat Pumps Market in Rest of Europe:
Summarization of Historic Demand in US$ Million by End-Use for
the Period 2012-2019

Table 78: Rest of Europe Geothermal Heat Pumps Market Share
Analysis by End-Use: 2012 VS 2020 VS 2027

ASIA-PACIFIC
Table 79: Asia-Pacific Geothermal Heat Pumps Market Estimates
and Projections in US$ Million by Technology: 2020-2027

Table 80: Asia-Pacific Geothermal Heat Pumps Historic Market
Analysis in US$ Million by Technology: 2012-2019

Table 81: Asia-Pacific Geothermal Heat Pumps Historic Market
Analysis in US$ Million by Technology: 2012 VS 2020 VS 2027

Table 82: Geothermal Heat Pumps Quantitative Demand Analysis in
Asia-Pacific in US$ Million by End-Use: 2020-2027

Table 83: Asia-Pacific Geothermal Heat Pumps Historic Market
Review in US$ Million by End-Use: 2012-2019

Table 84: Asia-Pacific Geothermal Heat Pumps Market Share
Analysis: A 17-Year Perspectiveby End-Use for 2012, 2020, and
2027

REST OF WORLD
Table 85: Geothermal Heat Pumps Market Analysis in Rest of
World in US$ Million by Technology: 2020-2027

Table 86: Geothermal Heat Pumps Market in Rest of World:
Historic Review in US$ Million by Technology for the Period
2012-2019

Table 87: Rest of World Geothermal Heat Pumps Market Share
Breakdown by Technology: 2012 VS 2020 VS 2027

Table 88: Rest of World Geothermal Heat Pumps Market
Quantitative Demand Analysis in US$ Million by End-Use: 2020 to
2027

Table 89: Geothermal Heat Pumps Market in Rest of World:
Summarization of Historic Demand Patterns in US$ Million by
End-Use for 2012-2019

Table 90: Rest of World Geothermal Heat Pumps Market Share
Analysis by End-Use: 2012 VS 2020 VS 2027

IV. COMPETITION
Total Companies Profiled: 58
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