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Europe Geothermal Heat Pump Market Share

Report ID: GMI5851
Published Date: May 2023
Report Format: PDF

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Europe Geothermal Heat Pump Market Share

The major market players are focusing on strategic partnerships and collaborations, new product launch along with mergers and acquisitions to gain their competitive edge over the others. Leading market players across the Europe geothermal heat pump sector include

CeraPhi
WOLF
Viessmann
Weishaupt Group
Trane
Vaillant Group International GmbH
STIEBEL ELTRON GmbH & Co. KG
Danfoss
MODINE MANUFACTURING COMPANY
Mitsubishi Materials Techno Co.
Daikin
NIBE Group
Carrier
OCHSNER
Bosch Thermotechnology Corp
NORTEK GLOBAL HVAC
Finn Geotherm UK Limited
Kensa Heat Pumps
De Dietrich

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of geothermal heat pump in Europe was exceeded USD 1.1 billion in 2023 and is anticipated to register 5.3% CAGR during 2024 to 2032, explains GMI report.

Closed loop geothermal heat pump industry size will witness significant growth by 2032 owing to surging demand for space heating & cooling as well as the widespread use of these systems across commercial & residential applications.

What is the size of geothermal heat pump industry in Germany?

CeraPhi, WOLF, Viessmann, Vaillant Group International GmbH, Weishaupt Group, Trane, STIEBEL ELTRON GmbH & Co. KG, Danfoss, Mitsubishi Materials Techno Co., Daikin, NIBE Group, Carrier, OCHSNER, and Bosch Thermotechnology Corp.