Increasing Demand For Renewable Substitutes For Energy Generation Is Expected To Fuel Demand For Ground-Source Heat Pumps Market

Posted on 2022-09-11 by Fact.MR in Internet & Online // 0 Comments

Dublin, Ireland, 2022-Sep-11 — /EPR Network/ —

250 Pages Geothermal Heat Pumps Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

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The report offers actionable and valuable market insights of Geothermal Heat Pumps. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Geothermal Heat Pumps Market across various industries and regions.

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Competitive Landscape:

Key geothermal heat pumps market players are focusing on expanding the scope of their offerings in order to increase their market presence on a global scale.

Geothermal heat pump suppliers are adopting various strategies to boost the expansion of their sales and services.

In March 2021, Dandelion Energy, a renowned residential geothermal organization based in the United States, announced that it would now be providing its services to the complete state of Connecticut along with the signing of a lease for a 21,000 square foot facility to manage its operations in this region.

Key Segments Covered in Geothermal Heat Pumps Industry Research

Geothermal Heat Pumps Market by Technology:
- Open Loop Systems
- Closed Loop Systems
  - Vertical Loops
  - Horizontal Loops
  - Pond/Lake Systems
Geothermal Heat Pumps Market by End User:
- Geothermal Heat Pumps for Residential Use
  - New Building Systems
  - Retrofit Systems
- Geothermal Heat Pumps for Commercial Use
  - New Building Systems
  - Retrofit Systems
Geothermal Heat Pumps Market by Region:
- North America Geothermal Heat Pumps Market
- Latin America Geothermal Heat Pumps Market
- Europe Geothermal Heat Pumps Market
- East Asia Geothermal Heat Pumps Market
- South Asia & Oceania Geothermal Heat Pumps Market
- MEA Geothermal Heat Pumps Market

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Report Attributes	Details
Geothermal Heat Pumps Market Size (2020)	US$ 115.74 Bn
Projected Year Value (2031F)	US$ 505.5 Bn
Global Market Growth Rate (2021-2031)	13.1% CAGR
Market Share of Closed Loop Systems	88%
Key Companies Profiled	GeoMaster LLCWaterFurnace InternationalDanfoss Heat Pumps U.K.Florida Heat Pump ManufacturingKensa Heat Pumps Ltd.

Rising focus on renewable energy and increasing popularity of geothermal systems are expected to boost the sales of dual-source heat pumps over the years to come.

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More Valuable Insights on Geothermal Heat Pumps Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Geothermal Heat Pumps, Sales and Demand of Geothermal Heat Pumps, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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Competitive Landscape:

Key Segments Covered in Geothermal Heat Pumps Industry Research

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