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PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1791568

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PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1791568

Closed Loop Geothermal Heat Pumps

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Global Closed Loop Geothermal Heat Pumps Market to Reach US$4.2 Billion by 2030

The global market for Closed Loop Geothermal Heat Pumps estimated at US$3.4 Billion in the year 2024, is expected to reach US$4.2 Billion by 2030, growing at a CAGR of 3.9% over the analysis period 2024-2030. Vertical Heat Pump, one of the segments analyzed in the report, is expected to record a 4.5% CAGR and reach US$2.5 Billion by the end of the analysis period. Growth in the Horizontal Heat Pump segment is estimated at 2.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$881.2 Million While China is Forecast to Grow at 3.8% CAGR

The Closed Loop Geothermal Heat Pumps market in the U.S. is estimated at US$881.2 Million in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$678.4 Million by the year 2030 trailing a CAGR of 3.8% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.6% and 3.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.

Global Closed Loop Geothermal Heat Pumps Market - Key Trends & Drivers Summarized

Why Are Closed Loop Geothermal Heat Pumps Gaining Popularity?

The closed loop geothermal heat pump market is experiencing rapid growth due to increasing demand for energy-efficient and sustainable heating and cooling solutions. With rising concerns over climate change and carbon emissions, governments and industries worldwide are adopting geothermal technologies as a viable alternative to traditional heating and cooling systems. Closed loop geothermal heat pumps provide consistent and renewable energy, reducing reliance on fossil fuels and lowering operational costs for residential, commercial, and industrial applications. Furthermore, advancements in geothermal system design and installation techniques have made these systems more accessible and cost-effective. Unlike open-loop systems, closed loop configurations eliminate the risk of groundwater contamination and require less maintenance, making them an attractive option for long-term energy savings. As more consumers become aware of environmental regulations and incentives, the adoption of closed loop geothermal heat pumps continues to accelerate across various sectors.

How Is Technology Driving Market Expansion?

Innovations in heat pump efficiency, smart controls, and geothermal system integration are reshaping the market landscape. The advent of variable-speed compressors, smart thermostats, and AI-driven energy optimization has significantly improved the performance of closed loop geothermal heat pumps, making them more adaptable to different climatic conditions and usage patterns. These advancements enhance energy efficiency, reduce electricity consumption, and provide users with real-time energy monitoring capabilities. Additionally, enhanced drilling and loop installation techniques have reduced the overall installation costs of geothermal systems, making them more viable for both residential and commercial buildings. The integration of geothermal heat pumps with solar and battery storage solutions is another emerging trend, allowing for hybrid energy systems that maximize sustainability and self-sufficiency. With ongoing research and development, manufacturers are focusing on compact and modular designs to cater to space-constrained applications, further expanding the market potential.

Which Industries and Regions Are Leading the Adoption?

The residential sector is a major contributor to the growth of closed loop geothermal heat pumps, as homeowners seek cost-effective and low-maintenance heating and cooling solutions. Additionally, commercial establishments such as hospitals, office buildings, and educational institutions are increasingly turning to geothermal heat pumps to achieve long-term energy savings and sustainability goals. The industrial sector is also leveraging geothermal technologies for process heating and cooling applications, particularly in manufacturing and agricultural operations. Regionally, North America and Europe dominate the market due to strong government policies, financial incentives, and a high awareness of renewable energy benefits. Countries such as the United States, Canada, Germany, and Sweden are at the forefront of geothermal heat pump adoption. Meanwhile, emerging economies in Asia-Pacific are witnessing increased investments in sustainable infrastructure, with governments pushing for energy-efficient building codes and green energy initiatives. This trend is expected to drive significant market expansion in the coming years.

What Are the Key Growth Drivers for the Market?

The growth in the closed loop geothermal heat pump market is driven by several factors, including rising energy costs, stringent environmental regulations, and increasing consumer awareness of renewable energy solutions. As more countries implement carbon reduction targets and net-zero policies, the demand for geothermal heating and cooling systems is expected to rise significantly. Furthermore, government incentives and subsidies for renewable energy installations are playing a crucial role in accelerating adoption. Many regions are offering tax credits, grants, and low-interest financing options to encourage homeowners and businesses to switch to geothermal heat pumps. Additionally, the push for building electrification and decarbonization is fueling demand, particularly in urban areas where traditional heating systems are being phased out in favor of clean energy alternatives. As advancements in geothermal heat pump technology continue to emerge, the market is set for robust expansion. Industry leaders are investing in next-generation designs, improved installation techniques, and smart energy integration to make geothermal heating and cooling more accessible and efficient. The future of the closed loop geothermal heat pump market is promising, with continued innovation and policy support paving the way for a more sustainable energy landscape.

SCOPE OF STUDY:

The report analyzes the Closed Loop Geothermal Heat Pumps market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:

Type (Vertical Heat Pump, Horizontal Heat Pump); Application (Commercial Application, Residential Application)

Geographic Regions/Countries:

World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 36 Featured) -

  • Bard HVAC
  • Bard Manufacturing Company
  • Bosch Thermotechnology
  • Carrier Global Corporation
  • ClimateMaster, Inc.
  • Daikin Industries, Ltd.
  • Dandelion Energy
  • Eavor Technologies
  • Enertech Global, LLC
  • Florida Heat Pump (FHP)
  • GeoComfort
  • GeoSmart Energy
  • GeoStar
  • Hydron Module
  • Johnson Controls International
  • Lennox International Inc.
  • Miami Heat Pump
  • Nordic Heat Pumps
  • Trane Technologies
  • WaterFurnace International

AI INTEGRATIONS

We're transforming market and competitive intelligence with validated expert content and AI tools.

Instead of following the general norm of querying LLMs and Industry-specific SLMs, we built repositories of content curated from domain experts worldwide including video transcripts, blogs, search engines research, and massive amounts of enterprise, product/service, and market data.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by increasing the Cost of Goods Sold (COGS), reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

Product Code: MCP30004

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • 1. MARKET OVERVIEW
    • Influencer Market Insights
    • Tariff Impact on Global Supply Chain Patterns
    • Closed Loop Geothermal Heat Pumps - Global Key Competitors Percentage Market Share in 2025 (E)
    • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
  • 2. FOCUS ON SELECT PLAYERS
  • 3. MARKET TRENDS & DRIVERS
    • Rising Adoption of Renewable Heating and Cooling Technologies Propels Demand for Closed Loop Geothermal Systems
    • Growing Emphasis on Net-Zero and Low-Carbon Buildings Drives Market for Geothermal Heat Pumps
    • Increased Government Incentives for Clean Energy Transitions Support Market Growth
    • Expansion of Green Building Certifications Enhances Adoption of Sustainable HVAC Systems
    • Technological Innovations in Ground Heat Exchange Materials Improve System Efficiency and Lifespan
    • Growing Residential and Commercial Sector Investment in Sustainable Infrastructure Fuels Market Adoption
    • OEM Focus on Hybrid and Integrated HVAC Systems Expands Use Cases for Closed Loop Heat Pumps
    • Rising Energy Prices and Need for Energy Cost Reduction Strengthen Business Case for Geothermal Solutions
    • Integration with Smart Building Management Systems Enhances Operational Efficiency and Control
    • Increased Construction of Off-Grid and Rural Developments Supports Closed Loop Installations
    • Growing Popularity of Vertical Borehole Systems in Urban Environments Drives System Adoption
    • Adoption in Educational, Governmental, and Institutional Projects Enhances Market Penetration
    • Improved Drilling Techniques and Installation Equipment Reduce Project Timelines and Costs
    • Rising Demand for Quiet and Low-Maintenance HVAC Systems Spurs Interest in Geothermal Solutions
    • Growing Public and Private Sector Awareness Campaigns Accelerate Consumer Education and Adoption
  • 4. GLOBAL MARKET PERSPECTIVE
    • TABLE 1: World Closed Loop Geothermal Heat Pumps Market Analysis of Annual Sales in US$ Million for Years 2015 through 2030
    • TABLE 2: World Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 3: World Historic Review for Closed Loop Geothermal Heat Pumps by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 4: World 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2015, 2025 & 2030
    • TABLE 5: World Recent Past, Current & Future Analysis for Vertical Heat Pump by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 6: World Historic Review for Vertical Heat Pump by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 7: World 15-Year Perspective for Vertical Heat Pump by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
    • TABLE 8: World Recent Past, Current & Future Analysis for Horizontal Heat Pump by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 9: World Historic Review for Horizontal Heat Pump by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 10: World 15-Year Perspective for Horizontal Heat Pump by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
    • TABLE 11: World Recent Past, Current & Future Analysis for Commercial Application by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 12: World Historic Review for Commercial Application by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 13: World 15-Year Perspective for Commercial Application by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030
    • TABLE 14: World Recent Past, Current & Future Analysis for Residential Application by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 15: World Historic Review for Residential Application by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 16: World 15-Year Perspective for Residential Application by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2025 & 2030

III. MARKET ANALYSIS

  • UNITED STATES
    • Closed Loop Geothermal Heat Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
    • TABLE 17: USA Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 18: USA Historic Review for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 19: USA 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Type - Percentage Breakdown of Value Sales for Vertical Heat Pump and Horizontal Heat Pump for the Years 2015, 2025 & 2030
    • TABLE 20: USA Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 21: USA Historic Review for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 22: USA 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Application - Percentage Breakdown of Value Sales for Commercial Application and Residential Application for the Years 2015, 2025 & 2030
  • CANADA
    • TABLE 23: Canada Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 24: Canada Historic Review for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 25: Canada 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Type - Percentage Breakdown of Value Sales for Vertical Heat Pump and Horizontal Heat Pump for the Years 2015, 2025 & 2030
    • TABLE 26: Canada Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 27: Canada Historic Review for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 28: Canada 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Application - Percentage Breakdown of Value Sales for Commercial Application and Residential Application for the Years 2015, 2025 & 2030
  • JAPAN
    • Closed Loop Geothermal Heat Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)
    • TABLE 29: Japan Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 30: Japan Historic Review for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 31: Japan 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Type - Percentage Breakdown of Value Sales for Vertical Heat Pump and Horizontal Heat Pump for the Years 2015, 2025 & 2030
    • TABLE 32: Japan Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 33: Japan Historic Review for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 34: Japan 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Application - Percentage Breakdown of Value Sales for Commercial Application and Residential Application for the Years 2015, 2025 & 2030
  • CHINA
    • Closed Loop Geothermal Heat Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
    • TABLE 35: China Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 36: China Historic Review for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 37: China 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Type - Percentage Breakdown of Value Sales for Vertical Heat Pump and Horizontal Heat Pump for the Years 2015, 2025 & 2030
    • TABLE 38: China Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 39: China Historic Review for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 40: China 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Application - Percentage Breakdown of Value Sales for Commercial Application and Residential Application for the Years 2015, 2025 & 2030
  • EUROPE
    • Closed Loop Geothermal Heat Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
    • TABLE 41: Europe Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 42: Europe Historic Review for Closed Loop Geothermal Heat Pumps by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 43: Europe 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2015, 2025 & 2030
    • TABLE 44: Europe Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 45: Europe Historic Review for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 46: Europe 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Type - Percentage Breakdown of Value Sales for Vertical Heat Pump and Horizontal Heat Pump for the Years 2015, 2025 & 2030
    • TABLE 47: Europe Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 48: Europe Historic Review for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 49: Europe 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Application - Percentage Breakdown of Value Sales for Commercial Application and Residential Application for the Years 2015, 2025 & 2030
  • FRANCE
    • Closed Loop Geothermal Heat Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)
    • TABLE 50: France Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 51: France Historic Review for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 52: France 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Type - Percentage Breakdown of Value Sales for Vertical Heat Pump and Horizontal Heat Pump for the Years 2015, 2025 & 2030
    • TABLE 53: France Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 54: France Historic Review for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 55: France 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Application - Percentage Breakdown of Value Sales for Commercial Application and Residential Application for the Years 2015, 2025 & 2030
  • GERMANY
    • Closed Loop Geothermal Heat Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)
    • TABLE 56: Germany Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 57: Germany Historic Review for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 58: Germany 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Type - Percentage Breakdown of Value Sales for Vertical Heat Pump and Horizontal Heat Pump for the Years 2015, 2025 & 2030
    • TABLE 59: Germany Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 60: Germany Historic Review for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 61: Germany 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Application - Percentage Breakdown of Value Sales for Commercial Application and Residential Application for the Years 2015, 2025 & 2030
  • ITALY
    • TABLE 62: Italy Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 63: Italy Historic Review for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 64: Italy 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Type - Percentage Breakdown of Value Sales for Vertical Heat Pump and Horizontal Heat Pump for the Years 2015, 2025 & 2030
    • TABLE 65: Italy Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 66: Italy Historic Review for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 67: Italy 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Application - Percentage Breakdown of Value Sales for Commercial Application and Residential Application for the Years 2015, 2025 & 2030
  • UNITED KINGDOM
    • Closed Loop Geothermal Heat Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)
    • TABLE 68: UK Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 69: UK Historic Review for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 70: UK 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Type - Percentage Breakdown of Value Sales for Vertical Heat Pump and Horizontal Heat Pump for the Years 2015, 2025 & 2030
    • TABLE 71: UK Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 72: UK Historic Review for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 73: UK 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Application - Percentage Breakdown of Value Sales for Commercial Application and Residential Application for the Years 2015, 2025 & 2030
  • REST OF EUROPE
    • TABLE 74: Rest of Europe Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 75: Rest of Europe Historic Review for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 76: Rest of Europe 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Type - Percentage Breakdown of Value Sales for Vertical Heat Pump and Horizontal Heat Pump for the Years 2015, 2025 & 2030
    • TABLE 77: Rest of Europe Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 78: Rest of Europe Historic Review for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 79: Rest of Europe 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Application - Percentage Breakdown of Value Sales for Commercial Application and Residential Application for the Years 2015, 2025 & 2030
  • ASIA-PACIFIC
    • Closed Loop Geothermal Heat Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
    • TABLE 80: Asia-Pacific Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 81: Asia-Pacific Historic Review for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 82: Asia-Pacific 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Type - Percentage Breakdown of Value Sales for Vertical Heat Pump and Horizontal Heat Pump for the Years 2015, 2025 & 2030
    • TABLE 83: Asia-Pacific Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 84: Asia-Pacific Historic Review for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 85: Asia-Pacific 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Application - Percentage Breakdown of Value Sales for Commercial Application and Residential Application for the Years 2015, 2025 & 2030
  • REST OF WORLD
    • TABLE 86: Rest of World Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 87: Rest of World Historic Review for Closed Loop Geothermal Heat Pumps by Type - Vertical Heat Pump and Horizontal Heat Pump Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 88: Rest of World 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Type - Percentage Breakdown of Value Sales for Vertical Heat Pump and Horizontal Heat Pump for the Years 2015, 2025 & 2030
    • TABLE 89: Rest of World Recent Past, Current & Future Analysis for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 90: Rest of World Historic Review for Closed Loop Geothermal Heat Pumps by Application - Commercial Application and Residential Application Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 91: Rest of World 15-Year Perspective for Closed Loop Geothermal Heat Pumps by Application - Percentage Breakdown of Value Sales for Commercial Application and Residential Application for the Years 2015, 2025 & 2030

IV. COMPETITION

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