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Global Geothermal Heat Pump (GHP) Systems Market Research Report 2025
Published Date: August 2025
|
Report Code: QYRE-Auto-2V14271
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Global Geothermal Heat Pump GHP Systems Market Research Report 2023
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Global Geothermal Heat Pump (GHP) Systems Market Research Report 2025

Code: QYRE-Auto-2V14271
Report
August 2025
Pages:114
QYResearch
Buy Now with 15% Discount
DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Kensa Heat Pumps
Finn Geotherm
STIEBEL ELTRON
Glen Dimplex
Trane Inc
Ecoforest
Climate Master
Modine
Danfoss
Carrier
Bryant Heating & Cooling Systems
Viessmann
WaterFurnace
Bard HVAC
Vaillant Group
Robert Bosch

Geothermal Heat Pump (GHP) Systems Market Size

The global market for Geothermal Heat Pump (GHP) Systems was valued at US$ 4767 million in the year 2024 and is projected to reach a revised size of US$ 6044 million by 2031, growing at a CAGR of 3.5% during the forecast period.

Geothermal Heat Pump (GHP) Systems Market

Geothermal Heat Pump (GHP) Systems Market

North American market for Geothermal Heat Pump (GHP) Systems is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Geothermal Heat Pump (GHP) Systems is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Geothermal Heat Pump (GHP) Systems include Robert Bosch, Kensa Heat Pumps, Finn Geotherm, Stiebel Eltron, Glen Dimplex, Trane, Ecoforest, Climate Master, MODINE, Danfoss, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Geothermal Heat Pump (GHP) Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Geothermal Heat Pump (GHP) Systems.
The Geothermal Heat Pump (GHP) Systems market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Geothermal Heat Pump (GHP) Systems market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Geothermal Heat Pump (GHP) Systems manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Geothermal Heat Pump (GHP) Systems Market Report

Report Metric Details
Report Name Geothermal Heat Pump (GHP) Systems Market
Accounted market size in year US$ 4767 million
Forecasted market size in 2031 US$ 6044 million
CAGR 3.5%
Base Year year
Forecasted years 2025 - 2031
by Type
  • Surface Water Heat Pump
  • Hybrid Heat Pump
  • Others
by Application
  • Residential
  • Government Center
  • Office Buildings
  • Educational Institutes
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Robert Bosch, Kensa Heat Pumps, Finn Geotherm, Stiebel Eltron, Glen Dimplex, Trane, Ecoforest, Climate Master, MODINE, Danfoss, Carrier, Bryant Heating & Cooling Systems, Viessmann, WaterFurnace, Bard HVAC, Vaillant Group
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of Geothermal Heat Pump (GHP) Systems manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Geothermal Heat Pump (GHP) Systems by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of Geothermal Heat Pump (GHP) Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: 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 10: The main points and conclusions of the report.

FAQ for this report

How fast is Geothermal Heat Pump (GHP) Systems Market growing?

Ans: The Geothermal Heat Pump (GHP) Systems Market witnessing a CAGR of 3.5% during the forecast period 2025-2031.

What is the Geothermal Heat Pump (GHP) Systems Market size in 2031?

Ans: The Geothermal Heat Pump (GHP) Systems Market size in 2031 will be US$ 6044 million.

Who are the main players in the Geothermal Heat Pump (GHP) Systems Market report?

Ans: The main players in the Geothermal Heat Pump (GHP) Systems Market are Robert Bosch, Kensa Heat Pumps, Finn Geotherm, Stiebel Eltron, Glen Dimplex, Trane, Ecoforest, Climate Master, MODINE, Danfoss, Carrier, Bryant Heating & Cooling Systems, Viessmann, WaterFurnace, Bard HVAC, Vaillant Group

What are the Application segmentation covered in the Geothermal Heat Pump (GHP) Systems Market report?

Ans: The Applications covered in the Geothermal Heat Pump (GHP) Systems Market report are Residential, Government Center, Office Buildings, Educational Institutes

What are the Type segmentation covered in the Geothermal Heat Pump (GHP) Systems Market report?

Ans: The Types covered in the Geothermal Heat Pump (GHP) Systems Market report are Surface Water Heat Pump, Hybrid Heat Pump, Others

1 Geothermal Heat Pump (GHP) Systems Market Overview
1.1 Product Definition
1.2 Geothermal Heat Pump (GHP) Systems by Type
1.2.1 Global Geothermal Heat Pump (GHP) Systems Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Surface Water Heat Pump
1.2.3 Hybrid Heat Pump
1.2.4 Others
1.3 Geothermal Heat Pump (GHP) Systems by Application
1.3.1 Global Geothermal Heat Pump (GHP) Systems Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Residential
1.3.3 Government Center
1.3.4 Office Buildings
1.3.5 Educational Institutes
1.4 Global Market Growth Prospects
1.4.1 Global Geothermal Heat Pump (GHP) Systems Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Geothermal Heat Pump (GHP) Systems Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Geothermal Heat Pump (GHP) Systems Production Estimates and Forecasts (2020-2031)
1.4.4 Global Geothermal Heat Pump (GHP) Systems Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Geothermal Heat Pump (GHP) Systems Production Market Share by Manufacturers (2020-2025)
2.2 Global Geothermal Heat Pump (GHP) Systems Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Geothermal Heat Pump (GHP) Systems, Industry Ranking, 2023 VS 2024
2.4 Global Geothermal Heat Pump (GHP) Systems Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Geothermal Heat Pump (GHP) Systems Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Geothermal Heat Pump (GHP) Systems, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Geothermal Heat Pump (GHP) Systems, Product Offered and Application
2.8 Global Key Manufacturers of Geothermal Heat Pump (GHP) Systems, Date of Enter into This Industry
2.9 Geothermal Heat Pump (GHP) Systems Market Competitive Situation and Trends
2.9.1 Geothermal Heat Pump (GHP) Systems Market Concentration Rate
2.9.2 Global 5 and 10 Largest Geothermal Heat Pump (GHP) Systems Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Geothermal Heat Pump (GHP) Systems Production by Region
3.1 Global Geothermal Heat Pump (GHP) Systems Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Geothermal Heat Pump (GHP) Systems Production Value by Region (2020-2031)
3.2.1 Global Geothermal Heat Pump (GHP) Systems Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Geothermal Heat Pump (GHP) Systems by Region (2026-2031)
3.3 Global Geothermal Heat Pump (GHP) Systems Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Geothermal Heat Pump (GHP) Systems Production Volume by Region (2020-2031)
3.4.1 Global Geothermal Heat Pump (GHP) Systems Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Geothermal Heat Pump (GHP) Systems by Region (2026-2031)
3.5 Global Geothermal Heat Pump (GHP) Systems Market Price Analysis by Region (2020-2025)
3.6 Global Geothermal Heat Pump (GHP) Systems Production and Value, Year-over-Year Growth
3.6.1 North America Geothermal Heat Pump (GHP) Systems Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Geothermal Heat Pump (GHP) Systems Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Geothermal Heat Pump (GHP) Systems Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Geothermal Heat Pump (GHP) Systems Production Value Estimates and Forecasts (2020-2031)
4 Geothermal Heat Pump (GHP) Systems Consumption by Region
4.1 Global Geothermal Heat Pump (GHP) Systems Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Geothermal Heat Pump (GHP) Systems Consumption by Region (2020-2031)
4.2.1 Global Geothermal Heat Pump (GHP) Systems Consumption by Region (2020-2025)
4.2.2 Global Geothermal Heat Pump (GHP) Systems Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Geothermal Heat Pump (GHP) Systems Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Geothermal Heat Pump (GHP) Systems Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Geothermal Heat Pump (GHP) Systems Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Geothermal Heat Pump (GHP) Systems Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Geothermal Heat Pump (GHP) Systems Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Geothermal Heat Pump (GHP) Systems Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Geothermal Heat Pump (GHP) Systems Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Geothermal Heat Pump (GHP) Systems Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Geothermal Heat Pump (GHP) Systems Production by Type (2020-2031)
5.1.1 Global Geothermal Heat Pump (GHP) Systems Production by Type (2020-2025)
5.1.2 Global Geothermal Heat Pump (GHP) Systems Production by Type (2026-2031)
5.1.3 Global Geothermal Heat Pump (GHP) Systems Production Market Share by Type (2020-2031)
5.2 Global Geothermal Heat Pump (GHP) Systems Production Value by Type (2020-2031)
5.2.1 Global Geothermal Heat Pump (GHP) Systems Production Value by Type (2020-2025)
5.2.2 Global Geothermal Heat Pump (GHP) Systems Production Value by Type (2026-2031)
5.2.3 Global Geothermal Heat Pump (GHP) Systems Production Value Market Share by Type (2020-2031)
5.3 Global Geothermal Heat Pump (GHP) Systems Price by Type (2020-2031)
6 Segment by Application
6.1 Global Geothermal Heat Pump (GHP) Systems Production by Application (2020-2031)
6.1.1 Global Geothermal Heat Pump (GHP) Systems Production by Application (2020-2025)
6.1.2 Global Geothermal Heat Pump (GHP) Systems Production by Application (2026-2031)
6.1.3 Global Geothermal Heat Pump (GHP) Systems Production Market Share by Application (2020-2031)
6.2 Global Geothermal Heat Pump (GHP) Systems Production Value by Application (2020-2031)
6.2.1 Global Geothermal Heat Pump (GHP) Systems Production Value by Application (2020-2025)
6.2.2 Global Geothermal Heat Pump (GHP) Systems Production Value by Application (2026-2031)
6.2.3 Global Geothermal Heat Pump (GHP) Systems Production Value Market Share by Application (2020-2031)
6.3 Global Geothermal Heat Pump (GHP) Systems Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Robert Bosch
7.1.1 Robert Bosch Geothermal Heat Pump (GHP) Systems Company Information
7.1.2 Robert Bosch Geothermal Heat Pump (GHP) Systems Product Portfolio
7.1.3 Robert Bosch Geothermal Heat Pump (GHP) Systems Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Robert Bosch Main Business and Markets Served
7.1.5 Robert Bosch Recent Developments/Updates
7.2 Kensa Heat Pumps
7.2.1 Kensa Heat Pumps Geothermal Heat Pump (GHP) Systems Company Information
7.2.2 Kensa Heat Pumps Geothermal Heat Pump (GHP) Systems Product Portfolio
7.2.3 Kensa Heat Pumps Geothermal Heat Pump (GHP) Systems Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Kensa Heat Pumps Main Business and Markets Served
7.2.5 Kensa Heat Pumps Recent Developments/Updates
7.3 Finn Geotherm
7.3.1 Finn Geotherm Geothermal Heat Pump (GHP) Systems Company Information
7.3.2 Finn Geotherm Geothermal Heat Pump (GHP) Systems Product Portfolio
7.3.3 Finn Geotherm Geothermal Heat Pump (GHP) Systems Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Finn Geotherm Main Business and Markets Served
7.3.5 Finn Geotherm Recent Developments/Updates
7.4 Stiebel Eltron
7.4.1 Stiebel Eltron Geothermal Heat Pump (GHP) Systems Company Information
7.4.2 Stiebel Eltron Geothermal Heat Pump (GHP) Systems Product Portfolio
7.4.3 Stiebel Eltron Geothermal Heat Pump (GHP) Systems Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Stiebel Eltron Main Business and Markets Served
7.4.5 Stiebel Eltron Recent Developments/Updates
7.5 Glen Dimplex
7.5.1 Glen Dimplex Geothermal Heat Pump (GHP) Systems Company Information
7.5.2 Glen Dimplex Geothermal Heat Pump (GHP) Systems Product Portfolio
7.5.3 Glen Dimplex Geothermal Heat Pump (GHP) Systems Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Glen Dimplex Main Business and Markets Served
7.5.5 Glen Dimplex Recent Developments/Updates
7.6 Trane
7.6.1 Trane Geothermal Heat Pump (GHP) Systems Company Information
7.6.2 Trane Geothermal Heat Pump (GHP) Systems Product Portfolio
7.6.3 Trane Geothermal Heat Pump (GHP) Systems Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Trane Main Business and Markets Served
7.6.5 Trane Recent Developments/Updates
7.7 Ecoforest
7.7.1 Ecoforest Geothermal Heat Pump (GHP) Systems Company Information
7.7.2 Ecoforest Geothermal Heat Pump (GHP) Systems Product Portfolio
7.7.3 Ecoforest Geothermal Heat Pump (GHP) Systems Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Ecoforest Main Business and Markets Served
7.7.5 Ecoforest Recent Developments/Updates
7.8 Climate Master
7.8.1 Climate Master Geothermal Heat Pump (GHP) Systems Company Information
7.8.2 Climate Master Geothermal Heat Pump (GHP) Systems Product Portfolio
7.8.3 Climate Master Geothermal Heat Pump (GHP) Systems Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Climate Master Main Business and Markets Served
7.8.5 Climate Master Recent Developments/Updates
7.9 MODINE
7.9.1 MODINE Geothermal Heat Pump (GHP) Systems Company Information
7.9.2 MODINE Geothermal Heat Pump (GHP) Systems Product Portfolio
7.9.3 MODINE Geothermal Heat Pump (GHP) Systems Production, Value, Price and Gross Margin (2020-2025)
7.9.4 MODINE Main Business and Markets Served
7.9.5 MODINE Recent Developments/Updates
7.10 Danfoss
7.10.1 Danfoss Geothermal Heat Pump (GHP) Systems Company Information
7.10.2 Danfoss Geothermal Heat Pump (GHP) Systems Product Portfolio
7.10.3 Danfoss Geothermal Heat Pump (GHP) Systems Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Danfoss Main Business and Markets Served
7.10.5 Danfoss Recent Developments/Updates
7.11 Carrier
7.11.1 Carrier Geothermal Heat Pump (GHP) Systems Company Information
7.11.2 Carrier Geothermal Heat Pump (GHP) Systems Product Portfolio
7.11.3 Carrier Geothermal Heat Pump (GHP) Systems Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Carrier Main Business and Markets Served
7.11.5 Carrier Recent Developments/Updates
7.12 Bryant Heating & Cooling Systems
7.12.1 Bryant Heating & Cooling Systems Geothermal Heat Pump (GHP) Systems Company Information
7.12.2 Bryant Heating & Cooling Systems Geothermal Heat Pump (GHP) Systems Product Portfolio
7.12.3 Bryant Heating & Cooling Systems Geothermal Heat Pump (GHP) Systems Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Bryant Heating & Cooling Systems Main Business and Markets Served
7.12.5 Bryant Heating & Cooling Systems Recent Developments/Updates
7.13 Viessmann
7.13.1 Viessmann Geothermal Heat Pump (GHP) Systems Company Information
7.13.2 Viessmann Geothermal Heat Pump (GHP) Systems Product Portfolio
7.13.3 Viessmann Geothermal Heat Pump (GHP) Systems Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Viessmann Main Business and Markets Served
7.13.5 Viessmann Recent Developments/Updates
7.14 WaterFurnace
7.14.1 WaterFurnace Geothermal Heat Pump (GHP) Systems Company Information
7.14.2 WaterFurnace Geothermal Heat Pump (GHP) Systems Product Portfolio
7.14.3 WaterFurnace Geothermal Heat Pump (GHP) Systems Production, Value, Price and Gross Margin (2020-2025)
7.14.4 WaterFurnace Main Business and Markets Served
7.14.5 WaterFurnace Recent Developments/Updates
7.15 Bard HVAC
7.15.1 Bard HVAC Geothermal Heat Pump (GHP) Systems Company Information
7.15.2 Bard HVAC Geothermal Heat Pump (GHP) Systems Product Portfolio
7.15.3 Bard HVAC Geothermal Heat Pump (GHP) Systems Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Bard HVAC Main Business and Markets Served
7.15.5 Bard HVAC Recent Developments/Updates
7.16 Vaillant Group
7.16.1 Vaillant Group Geothermal Heat Pump (GHP) Systems Company Information
7.16.2 Vaillant Group Geothermal Heat Pump (GHP) Systems Product Portfolio
7.16.3 Vaillant Group Geothermal Heat Pump (GHP) Systems Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Vaillant Group Main Business and Markets Served
7.16.5 Vaillant Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Geothermal Heat Pump (GHP) Systems Industry Chain Analysis
8.2 Geothermal Heat Pump (GHP) Systems Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Geothermal Heat Pump (GHP) Systems Production Mode & Process Analysis
8.4 Geothermal Heat Pump (GHP) Systems Sales and Marketing
8.4.1 Geothermal Heat Pump (GHP) Systems Sales Channels
8.4.2 Geothermal Heat Pump (GHP) Systems Distributors
8.5 Geothermal Heat Pump (GHP) Systems Customer Analysis
9 Geothermal Heat Pump (GHP) Systems Market Dynamics
9.1 Geothermal Heat Pump (GHP) Systems Industry Trends
9.2 Geothermal Heat Pump (GHP) Systems Market Drivers
9.3 Geothermal Heat Pump (GHP) Systems Market Challenges
9.4 Geothermal Heat Pump (GHP) Systems Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
FEATURED COMPANIES
Kensa Heat Pumps
Finn Geotherm
STIEBEL ELTRON
Glen Dimplex
Trane Inc
Ecoforest
Climate Master
Modine
Danfoss
Carrier
Bryant Heating & Cooling Systems
Viessmann
WaterFurnace
Bard HVAC
Vaillant Group
Robert Bosch
List of Tables
 Table 1. Global Geothermal Heat Pump (GHP) Systems Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Geothermal Heat Pump (GHP) Systems Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Geothermal Heat Pump (GHP) Systems Production Capacity (K Units) by Manufacturers in 2024
 Table 4. Global Geothermal Heat Pump (GHP) Systems Production by Manufacturers (2020-2025) & (K Units)
 Table 5. Global Geothermal Heat Pump (GHP) Systems Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Geothermal Heat Pump (GHP) Systems Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Geothermal Heat Pump (GHP) Systems Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Geothermal Heat Pump (GHP) Systems, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Geothermal Heat Pump (GHP) Systems as of 2024)
 Table 10. Global Market Geothermal Heat Pump (GHP) Systems Average Price by Manufacturers (USD/Unit) & (2020-2025)
 Table 11. Global Key Manufacturers of Geothermal Heat Pump (GHP) Systems, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Geothermal Heat Pump (GHP) Systems, Product Offered and Application
 Table 13. Global Key Manufacturers of Geothermal Heat Pump (GHP) Systems, Date of Enter into This Industry
 Table 14. Global Geothermal Heat Pump (GHP) Systems Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Geothermal Heat Pump (GHP) Systems Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Geothermal Heat Pump (GHP) Systems Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Geothermal Heat Pump (GHP) Systems Production Value Market Share by Region (2020-2025)
 Table 19. Global Geothermal Heat Pump (GHP) Systems Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Geothermal Heat Pump (GHP) Systems Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Geothermal Heat Pump (GHP) Systems Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 22. Global Geothermal Heat Pump (GHP) Systems Production (K Units) by Region (2020-2025)
 Table 23. Global Geothermal Heat Pump (GHP) Systems Production Market Share by Region (2020-2025)
 Table 24. Global Geothermal Heat Pump (GHP) Systems Production (K Units) Forecast by Region (2026-2031)
 Table 25. Global Geothermal Heat Pump (GHP) Systems Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Geothermal Heat Pump (GHP) Systems Market Average Price (USD/Unit) by Region (2020-2025)
 Table 27. Global Geothermal Heat Pump (GHP) Systems Market Average Price (USD/Unit) by Region (2026-2031)
 Table 28. Global Geothermal Heat Pump (GHP) Systems Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 29. Global Geothermal Heat Pump (GHP) Systems Consumption by Region (2020-2025) & (K Units)
 Table 30. Global Geothermal Heat Pump (GHP) Systems Consumption Market Share by Region (2020-2025)
 Table 31. Global Geothermal Heat Pump (GHP) Systems Forecasted Consumption by Region (2026-2031) & (K Units)
 Table 32. Global Geothermal Heat Pump (GHP) Systems Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Geothermal Heat Pump (GHP) Systems Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 34. North America Geothermal Heat Pump (GHP) Systems Consumption by Country (2020-2025) & (K Units)
 Table 35. North America Geothermal Heat Pump (GHP) Systems Consumption by Country (2026-2031) & (K Units)
 Table 36. Europe Geothermal Heat Pump (GHP) Systems Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 37. Europe Geothermal Heat Pump (GHP) Systems Consumption by Country (2020-2025) & (K Units)
 Table 38. Europe Geothermal Heat Pump (GHP) Systems Consumption by Country (2026-2031) & (K Units)
 Table 39. Asia Pacific Geothermal Heat Pump (GHP) Systems Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 40. Asia Pacific Geothermal Heat Pump (GHP) Systems Consumption by Region (2020-2025) & (K Units)
 Table 41. Asia Pacific Geothermal Heat Pump (GHP) Systems Consumption by Region (2026-2031) & (K Units)
 Table 42. Latin America, Middle East & Africa Geothermal Heat Pump (GHP) Systems Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 43. Latin America, Middle East & Africa Geothermal Heat Pump (GHP) Systems Consumption by Country (2020-2025) & (K Units)
 Table 44. Latin America, Middle East & Africa Geothermal Heat Pump (GHP) Systems Consumption by Country (2026-2031) & (K Units)
 Table 45. Global Geothermal Heat Pump (GHP) Systems Production (K Units) by Type (2020-2025)
 Table 46. Global Geothermal Heat Pump (GHP) Systems Production (K Units) by Type (2026-2031)
 Table 47. Global Geothermal Heat Pump (GHP) Systems Production Market Share by Type (2020-2025)
 Table 48. Global Geothermal Heat Pump (GHP) Systems Production Market Share by Type (2026-2031)
 Table 49. Global Geothermal Heat Pump (GHP) Systems Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Geothermal Heat Pump (GHP) Systems Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Geothermal Heat Pump (GHP) Systems Production Value Market Share by Type (2020-2025)
 Table 52. Global Geothermal Heat Pump (GHP) Systems Production Value Market Share by Type (2026-2031)
 Table 53. Global Geothermal Heat Pump (GHP) Systems Price (USD/Unit) by Type (2020-2025)
 Table 54. Global Geothermal Heat Pump (GHP) Systems Price (USD/Unit) by Type (2026-2031)
 Table 55. Global Geothermal Heat Pump (GHP) Systems Production (K Units) by Application (2020-2025)
 Table 56. Global Geothermal Heat Pump (GHP) Systems Production (K Units) by Application (2026-2031)
 Table 57. Global Geothermal Heat Pump (GHP) Systems Production Market Share by Application (2020-2025)
 Table 58. Global Geothermal Heat Pump (GHP) Systems Production Market Share by Application (2026-2031)
 Table 59. Global Geothermal Heat Pump (GHP) Systems Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Geothermal Heat Pump (GHP) Systems Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Geothermal Heat Pump (GHP) Systems Production Value Market Share by Application (2020-2025)
 Table 62. Global Geothermal Heat Pump (GHP) Systems Production Value Market Share by Application (2026-2031)
 Table 63. Global Geothermal Heat Pump (GHP) Systems Price (USD/Unit) by Application (2020-2025)
 Table 64. Global Geothermal Heat Pump (GHP) Systems Price (USD/Unit) by Application (2026-2031)
 Table 65. Robert Bosch Geothermal Heat Pump (GHP) Systems Company Information
 Table 66. Robert Bosch Geothermal Heat Pump (GHP) Systems Specification and Application
 Table 67. Robert Bosch Geothermal Heat Pump (GHP) Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 68. Robert Bosch Main Business and Markets Served
 Table 69. Robert Bosch Recent Developments/Updates
 Table 70. Kensa Heat Pumps Geothermal Heat Pump (GHP) Systems Company Information
 Table 71. Kensa Heat Pumps Geothermal Heat Pump (GHP) Systems Specification and Application
 Table 72. Kensa Heat Pumps Geothermal Heat Pump (GHP) Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 73. Kensa Heat Pumps Main Business and Markets Served
 Table 74. Kensa Heat Pumps Recent Developments/Updates
 Table 75. Finn Geotherm Geothermal Heat Pump (GHP) Systems Company Information
 Table 76. Finn Geotherm Geothermal Heat Pump (GHP) Systems Specification and Application
 Table 77. Finn Geotherm Geothermal Heat Pump (GHP) Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 78. Finn Geotherm Main Business and Markets Served
 Table 79. Finn Geotherm Recent Developments/Updates
 Table 80. Stiebel Eltron Geothermal Heat Pump (GHP) Systems Company Information
 Table 81. Stiebel Eltron Geothermal Heat Pump (GHP) Systems Specification and Application
 Table 82. Stiebel Eltron Geothermal Heat Pump (GHP) Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 83. Stiebel Eltron Main Business and Markets Served
 Table 84. Stiebel Eltron Recent Developments/Updates
 Table 85. Glen Dimplex Geothermal Heat Pump (GHP) Systems Company Information
 Table 86. Glen Dimplex Geothermal Heat Pump (GHP) Systems Specification and Application
 Table 87. Glen Dimplex Geothermal Heat Pump (GHP) Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 88. Glen Dimplex Main Business and Markets Served
 Table 89. Glen Dimplex Recent Developments/Updates
 Table 90. Trane Geothermal Heat Pump (GHP) Systems Company Information
 Table 91. Trane Geothermal Heat Pump (GHP) Systems Specification and Application
 Table 92. Trane Geothermal Heat Pump (GHP) Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 93. Trane Main Business and Markets Served
 Table 94. Trane Recent Developments/Updates
 Table 95. Ecoforest Geothermal Heat Pump (GHP) Systems Company Information
 Table 96. Ecoforest Geothermal Heat Pump (GHP) Systems Specification and Application
 Table 97. Ecoforest Geothermal Heat Pump (GHP) Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 98. Ecoforest Main Business and Markets Served
 Table 99. Ecoforest Recent Developments/Updates
 Table 100. Climate Master Geothermal Heat Pump (GHP) Systems Company Information
 Table 101. Climate Master Geothermal Heat Pump (GHP) Systems Specification and Application
 Table 102. Climate Master Geothermal Heat Pump (GHP) Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 103. Climate Master Main Business and Markets Served
 Table 104. Climate Master Recent Developments/Updates
 Table 105. MODINE Geothermal Heat Pump (GHP) Systems Company Information
 Table 106. MODINE Geothermal Heat Pump (GHP) Systems Specification and Application
 Table 107. MODINE Geothermal Heat Pump (GHP) Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 108. MODINE Main Business and Markets Served
 Table 109. MODINE Recent Developments/Updates
 Table 110. Danfoss Geothermal Heat Pump (GHP) Systems Company Information
 Table 111. Danfoss Geothermal Heat Pump (GHP) Systems Specification and Application
 Table 112. Danfoss Geothermal Heat Pump (GHP) Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 113. Danfoss Main Business and Markets Served
 Table 114. Danfoss Recent Developments/Updates
 Table 115. Carrier Geothermal Heat Pump (GHP) Systems Company Information
 Table 116. Carrier Geothermal Heat Pump (GHP) Systems Specification and Application
 Table 117. Carrier Geothermal Heat Pump (GHP) Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 118. Carrier Main Business and Markets Served
 Table 119. Carrier Recent Developments/Updates
 Table 120. Bryant Heating & Cooling Systems Geothermal Heat Pump (GHP) Systems Company Information
 Table 121. Bryant Heating & Cooling Systems Geothermal Heat Pump (GHP) Systems Specification and Application
 Table 122. Bryant Heating & Cooling Systems Geothermal Heat Pump (GHP) Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 123. Bryant Heating & Cooling Systems Main Business and Markets Served
 Table 124. Bryant Heating & Cooling Systems Recent Developments/Updates
 Table 125. Viessmann Geothermal Heat Pump (GHP) Systems Company Information
 Table 126. Viessmann Geothermal Heat Pump (GHP) Systems Specification and Application
 Table 127. Viessmann Geothermal Heat Pump (GHP) Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 128. Viessmann Main Business and Markets Served
 Table 129. Viessmann Recent Developments/Updates
 Table 130. WaterFurnace Geothermal Heat Pump (GHP) Systems Company Information
 Table 131. WaterFurnace Geothermal Heat Pump (GHP) Systems Specification and Application
 Table 132. WaterFurnace Geothermal Heat Pump (GHP) Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 133. WaterFurnace Main Business and Markets Served
 Table 134. WaterFurnace Recent Developments/Updates
 Table 135. Bard HVAC Geothermal Heat Pump (GHP) Systems Company Information
 Table 136. Bard HVAC Geothermal Heat Pump (GHP) Systems Specification and Application
 Table 137. Bard HVAC Geothermal Heat Pump (GHP) Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 138. Bard HVAC Main Business and Markets Served
 Table 139. Bard HVAC Recent Developments/Updates
 Table 140. Vaillant Group Geothermal Heat Pump (GHP) Systems Company Information
 Table 141. Vaillant Group Geothermal Heat Pump (GHP) Systems Specification and Application
 Table 142. Vaillant Group Geothermal Heat Pump (GHP) Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 143. Vaillant Group Main Business and Markets Served
 Table 144. Vaillant Group Recent Developments/Updates
 Table 145. Key Raw Materials Lists
 Table 146. Raw Materials Key Suppliers Lists
 Table 147. Geothermal Heat Pump (GHP) Systems Distributors List
 Table 148. Geothermal Heat Pump (GHP) Systems Customers List
 Table 149. Geothermal Heat Pump (GHP) Systems Market Trends
 Table 150. Geothermal Heat Pump (GHP) Systems Market Drivers
 Table 151. Geothermal Heat Pump (GHP) Systems Market Challenges
 Table 152. Geothermal Heat Pump (GHP) Systems Market Restraints
 Table 153. Research Programs/Design for This Report
 Table 154. Key Data Information from Secondary Sources
 Table 155. Key Data Information from Primary Sources
 Table 156. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Geothermal Heat Pump (GHP) Systems
 Figure 2. Global Geothermal Heat Pump (GHP) Systems Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Geothermal Heat Pump (GHP) Systems Market Share by Type: 2024 VS 2031
 Figure 4. Surface Water Heat Pump Product Picture
 Figure 5. Hybrid Heat Pump Product Picture
 Figure 6. Others Product Picture
 Figure 7. Global Geothermal Heat Pump (GHP) Systems Market Value by Application, (US$ Million) & (2020-2031)
 Figure 8. Global Geothermal Heat Pump (GHP) Systems Market Share by Application: 2024 VS 2031
 Figure 9. Residential
 Figure 10. Government Center
 Figure 11. Office Buildings
 Figure 12. Educational Institutes
 Figure 13. Global Geothermal Heat Pump (GHP) Systems Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 14. Global Geothermal Heat Pump (GHP) Systems Production Value (US$ Million) & (2020-2031)
 Figure 15. Global Geothermal Heat Pump (GHP) Systems Production Capacity (K Units) & (2020-2031)
 Figure 16. Global Geothermal Heat Pump (GHP) Systems Production (K Units) & (2020-2031)
 Figure 17. Global Geothermal Heat Pump (GHP) Systems Average Price (USD/Unit) & (2020-2031)
 Figure 18. Geothermal Heat Pump (GHP) Systems Report Years Considered
 Figure 19. Geothermal Heat Pump (GHP) Systems Production Share by Manufacturers in 2024
 Figure 20. Global Geothermal Heat Pump (GHP) Systems Production Value Share by Manufacturers (2024)
 Figure 21. Geothermal Heat Pump (GHP) Systems Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 22. The Global 5 and 10 Largest Players: Market Share by Geothermal Heat Pump (GHP) Systems Revenue in 2024
 Figure 23. Global Geothermal Heat Pump (GHP) Systems Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 24. Global Geothermal Heat Pump (GHP) Systems Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 25. Global Geothermal Heat Pump (GHP) Systems Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 26. Global Geothermal Heat Pump (GHP) Systems Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 27. North America Geothermal Heat Pump (GHP) Systems Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 28. Europe Geothermal Heat Pump (GHP) Systems Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. China Geothermal Heat Pump (GHP) Systems Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. Japan Geothermal Heat Pump (GHP) Systems Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 31. Global Geothermal Heat Pump (GHP) Systems Consumption by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 32. Global Geothermal Heat Pump (GHP) Systems Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 33. North America Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 34. North America Geothermal Heat Pump (GHP) Systems Consumption Market Share by Country (2020-2031)
 Figure 35. U.S. Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 36. Canada Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 37. Europe Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 38. Europe Geothermal Heat Pump (GHP) Systems Consumption Market Share by Country (2020-2031)
 Figure 39. Germany Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 40. France Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 41. U.K. Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 42. Italy Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 43. Netherlands Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 44. Asia Pacific Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 45. Asia Pacific Geothermal Heat Pump (GHP) Systems Consumption Market Share by Region (2020-2031)
 Figure 46. China Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 47. Japan Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 48. South Korea Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 49. China Taiwan Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 50. Southeast Asia Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 51. India Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 52. Latin America, Middle East & Africa Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 53. Latin America, Middle East & Africa Geothermal Heat Pump (GHP) Systems Consumption Market Share by Country (2020-2031)
 Figure 54. Mexico Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 55. Brazil Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 56. Turkey Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 57. GCC Countries Geothermal Heat Pump (GHP) Systems Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 58. Global Production Market Share of Geothermal Heat Pump (GHP) Systems by Type (2020-2031)
 Figure 59. Global Production Value Market Share of Geothermal Heat Pump (GHP) Systems by Type (2020-2031)
 Figure 60. Global Geothermal Heat Pump (GHP) Systems Price (USD/Unit) by Type (2020-2031)
 Figure 61. Global Production Market Share of Geothermal Heat Pump (GHP) Systems by Application (2020-2031)
 Figure 62. Global Production Value Market Share of Geothermal Heat Pump (GHP) Systems by Application (2020-2031)
 Figure 63. Global Geothermal Heat Pump (GHP) Systems Price (USD/Unit) by Application (2020-2031)
 Figure 64. Geothermal Heat Pump (GHP) Systems Value Chain
 Figure 65. Channels of Distribution (Direct Vs Distribution)
 Figure 66. Bottom-up and Top-down Approaches for This Report
 Figure 67. Data Triangulation
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