Geothermal heat pump systems consist of the heat pump unit, the ground heat exchanger, and the air delivery system (ductwork). The heat exchanger has a system of pipes called a loop, which is buried in the ground near the building. Fluid will circulate within the heat exchanger system. The pump exchanger either takes the heat from the building and transfers it to the ground or absorbs the heat from the ground and uses it to warm the house. The main advantage of geothermal heat pumps is that they use the stable underground temperature to increase the efficiency and decrease the operational cost of the cooling and heating systems.

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

Key market highlights

Closed loop system

Open loop system

PART 05: Market landscape

Market overview

Five forces analysis

PART 06: Market segmentation by end-user

Market overview

Residential

Non- residential

PART 07: Geographical segmentation

Market overview

EMEA

Americas

APAC

PART 08: Decision framework

PART 09: Drivers and challenges

Market drivers

Impact of drivers on key customer segments

Market challenges

Impact of challenges on key customer segments

PART 10: Market trends

Emergence of BEMS

Federal tax credits for retrofitting

Desuperheaters for heat recovery

PART 11: Vendor landscape

Competitive scenario

Other prominent vendors

PART 12: Key vendor analysis

Carrier Corporation

Danfoss

Mitsubishi Electric

NIBE

PART 13: Appendix

List of abbreviations

PART 14: Explore Technavio