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Geothermal Heat Pumps - Global Market Trajectory & Analytics

  • ID: 5140685
  • Report
  • September 2020
  • Region: Global
  • 187 pages
  • Global Industry Analysts, Inc
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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$182.2 Billion by 2027, growing at a CAGR 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.
Note: Product cover images may vary from those shown
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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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