地熱発電・ヒートポンプ市場：技術、定格容量、導入、導入タイプ、最終用途別-2025-2030年の世界予測

地熱発電・ヒートポンプ市場は、2024年には128億2,000万米ドルとなり、2025年には138億5,000万米ドル、CAGR 7.97%で成長し、2030年には203億1,000万米ドルに達すると予測されています。

世界のエネルギー産業は、既存のエネルギー源から革新的でクリーンかつ持続可能な代替エネルギーへのパラダイム・シフトが起こりつつあります。地熱発電とヒートポンプ技術は、この変革の極めて重要な構成要素として登場し、発電と暖房の両方のニーズに効率的で環境に優しいソリューションを産業と地域社会に提供しています。排出量削減の動きが強まるにつれ、利害関係者は地熱システムの可能性にますます注目しています。

このイントロダクションでは、技術のアップグレードやインフラ整備への大きな投資を後押ししている市場動向について、詳しく見ていきます。政府支援の拡大、掘削・設置技術の向上、再生可能エネルギーへの需要の高まりにより、この市場は加速度的に拡大する見込みです。既存の発電プロセスの強化だけでなく、住宅、商業、工業の各分野でエネルギー利用を最適化する革新的なヒートポンプシステムの統合にも焦点が当てられています。

進化する市場力学、規制状況、最新の技術進歩を検証することで、後続のセクションでは、成長の主要促進要因について包括的なレビューを提供します。この分析ではまた、市場参入企業が変化し続ける消費者の需要や環境課題にどのように適応しているかを明らかにし、この再生可能エネルギー分野が持続可能なイノベーションの最前線であり続けることを確実にします。

地熱・ヒートポンプ分野における変革的変化

近年、地熱とヒートポンプの分野では、市場の境界を再定義し、技術導入を加速させるような変革的な変化が起きています。新たな技術革新は、より効率的なシステムの開発を促進し、利害関係者が設置、メンテナンス、性能の信頼性にまつわる過去の課題を克服することを可能にしています。規制の枠組みの変化、財政的インセンティブの増加、カーボンニュートラルへの世界のコミットメント、これらすべてが、この分野へのさらなる投資のための肥沃な環境を提供するために集結しています。

制御システムとデータ分析の進化もまた、デジタル変革によってオペレーターがプラント性能を最適化し、運転コストを削減できるようになるため、重要な役割を果たしています。モニタリングとリアルタイム診断の強化は、生産的な資産利用を保証し、適応制御メカニズムはエネルギー変換効率を高める。一方、材料科学の進歩は、長期の地熱活動を維持できる、より強靭なインフラを育んでいます。

さらに、技術開発者、金融機関、公的機関の間の戦略的パートナーシップは、市場の進化のペースを加速させ、実験やパイロットプロジェクトを奨励する状況を作り出しています。この活気あるエコシステムは、政策の変化と技術の飛躍的進歩に後押しされ、従来の地熱発電所を卓越した運用モデルへと急速に変貌させつつあります。様々な用途で統合型ヒートポンプソリューションの導入が進んでいることは、地熱エネルギーを活用することの経済的・環境的メリットをさらに強調しています。世界中の企業が次世代機器やインフラへの投資を続ける中、この分野は技術革新と市場浸透において持続的な勢いを経験することになると思われます。

地熱とヒートポンプ市場の主なセグメンテーション洞察

市場の詳細なセグメンテーションは、地熱エネルギーソリューションの需要を促進する様々なコンポーネントとアプリケーションに関する貴重な洞察を提供します。技術に基づく分析では、ヒートポンプシステムと発電インフラの用途を区別しています。ヒートポンプの分野では、空気熱源、地中熱源、水熱源が評価されています。地上熱源ヒートポンプを詳細に評価すると、クローズドループシステムとオープンループシステムにさらに区別され、クローズドループは水平ループ、池／湖システム、垂直ループで分析されます。発電の分野では、バイナリーサイクル、ドライスチーム、フラッシュスチームの各ソリューションに重点が置かれ、それぞれが運転効率や地理的な実現可能性に関して独自の利点を提供しています。

市場は定格容量に基づいてさらに区分され、3kWから1500kWの範囲内のシステム、3kW未満のシステム、1500kWを超えるシステムが調査されます。この容量ベースの評価は、技術のスケーラビリティを明らかにするだけでなく、異なるシステム・サイズに期待される性能と設置の課題についても示しています。容量だけでなく、導入パターンも重要な役割を果たし、オフショア導入とオンショア導入で分析が分かれます。配備の種類を考慮するとセグメンテーションはさらに深まり、新規配備と改修・近代化活動を区別し、インフラ更新の勢いを明らかにします。

最後に、最終用途に基づく検討により、市場の需要を包括的に把握することができます。このセグメンテーションでは、商業、工業、住宅などの主要な消費カテゴリーを特定します。産業分野では、農業やエネルギー・電力など、それぞれ運用上のニーズや規制環境が異なる分野を区分することで、さらなる洞察が得られます。こうしたセグメンテーションの洞察は、成長ポケットを特定し、進化する市場の需要に対応する投資戦略を調整する上で極めて重要です。

目次

第1章 序文

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 市場の概要

第5章 市場洞察

• 市場力学
  • 促進要因
    • 住宅部門におけるエネルギー効率の高い暖房・冷房ソリューションの需要増加
    • 地熱発電所の導入拡大に向けた政府の政策とインセンティブ
    • 省エネと地熱発電への移行への注目が高まる
  • 抑制要因
    • 初期設置コストが高く、地上部分の大幅な改修が必要となる
  • 機会
    • 世界中の地熱発電所開発への新たな投資
    • 地熱発電とヒートポンプの技術的進歩と設計の改善
  • 課題
    • 地熱発電・ヒートポンプにおける掘削技術と熱抽出効率に関する重要な課題
• 市場セグメンテーション分析
  • 定格容量：インフラプロジェクト全体の有効性と効率性を維持するためのシステム開発に向けた研究開発の増加
  • 発電所の種類：効率性と技術的なシンプルさからフラッシュ蒸気発電所の需要が高まっています
  • 展開：地熱発電所の沖合展開による将来のエネルギーソリューションの探究
  • 導入タイプ：既存構造物の更新のための改修・近代化の導入増加
  • 最終用途：住宅部門全体で地熱発電とヒートポンプの需要が増加
• ポーターのファイブフォース分析
• PESTEL分析
  • 政治的
  • 経済
  • 社会
  • 技術的
  • 法律上
  • 環境

第6章 地熱発電・ヒートポンプ市場：技術別

• ヒートポンプ
  • 空気熱源ヒートポンプ
  • 地中熱ヒートポンプ
    • クローズドループ
    • 水平ループ
    • 池/湖システム
    • 垂直ループ
    • オープンループ
  • 水熱源ヒートポンプ
• 発電
  • バイナリサイクル
  • 乾き蒸気
  • フラッシュスチーム

第7章 地熱発電・ヒートポンプ市場定格容量別

• 3kW～1500kW
• 3kW未満
• 1,500kW以上

第8章 地熱発電・ヒートポンプ市場：展開別

• オフショア
• オンショア

第9章 地熱発電・ヒートポンプ市場：展開タイプ別

• 新しい展開
• 改修と近代化

第10章 地熱発電・ヒートポンプ市場：最終用途別

• 商業用
• 産業
  • 農業
  • エネルギーと電力
• 住宅用

第11章 南北アメリカの地熱発電・ヒートポンプ市場

• アルゼンチン
• ブラジル
• カナダ
• メキシコ
• 米国

第12章 アジア太平洋地域の地熱発電・ヒートポンプ市場

• オーストラリア
• 中国
• インド
• インドネシア
• 日本
• マレーシア
• ニュージーランド
• フィリピン
• シンガポール
• 韓国
• 台湾
• タイ
• ベトナム

第13章 欧州・中東・アフリカの地熱発電・ヒートポンプ市場

• デンマーク
• エジプト
• フィンランド
• フランス
• ドイツ
• アイスランド
• イスラエル
• イタリア
• ケニア
• オランダ
• ナイジェリア
• ノルウェー
• ポーランド
• カタール
• ロシア
• サウジアラビア
• 南アフリカ
• スペイン
• スウェーデン
• スイス
• トルコ
• アラブ首長国連邦
• 英国

第14章 競合情勢

• 市場シェア分析, 2024
• FPNVポジショニングマトリックス, 2024
• 競合シナリオ分析
• 戦略分析と提言

企業一覧

• AltaRock Energy, Inc.
• Baker Hughes Company
• Bostech Mechanical Ltd.
• Brightcore Energy LLC
• Carrier Corporation
• ClimateMaster, Inc. by NIBE Industrier AB
• Daikin Industries, Ltd.
• Dandelion Energy, Inc.
• Danfoss A/S
• De Dietrich by BDR Thermea France S.A.S.
• EnergySmart Alternatives, LLC
• Fujitsu Limited
• Geo-Flo Corporation
• GeoComfort by Enertech Global, LLC
• Geoflex Systems Inc.
• GeoSmart Energy
• GeoStar
• Haier Group Corporation
• Hydro-Temp Corporation
• Kensa Group Ltd
• LG Electronics Inc.
• Maritime Geothermal Ltd.
• Menerga d.o.o.
• Miami Heat Pump
• Mitsubishi Electric Corporation
• OCHSNER Warmepumpen GmbH
• Oilon Group Oy
• Ormat Technologies, Inc.
• Power World Machinery Equipment Co., Ltd.
• Robert Bosch GmbH
• Shuangliang Eco-energy Systems Co., Ltd.
• Siemens AG
• STIEBEL ELTRON GmbH & Co. KG
• TermoShop D.o.o.
• Toyesi Pty Ltd
• Trane Technologies plc
• WaterFurnace International, Inc.

LIST OF FIGURES

• FIGURE 1. GEOTHERMAL POWER & HEAT PUMP MARKET MULTI-CURRENCY
• FIGURE 2. GEOTHERMAL POWER & HEAT PUMP MARKET MULTI-LANGUAGE
• FIGURE 3. GEOTHERMAL POWER & HEAT PUMP MARKET RESEARCH PROCESS
• FIGURE 4. GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, 2024 VS 2030
• FIGURE 5. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, 2018-2030 (USD MILLION)
• FIGURE 6. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY REGION, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 7. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 8. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2024 VS 2030 (%)
• FIGURE 9. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 10. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2024 VS 2030 (%)
• FIGURE 11. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 12. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2024 VS 2030 (%)
• FIGURE 13. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 14. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2024 VS 2030 (%)
• FIGURE 15. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 16. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2024 VS 2030 (%)
• FIGURE 17. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 18. AMERICAS GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY COUNTRY, 2024 VS 2030 (%)
• FIGURE 19. AMERICAS GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 20. UNITED STATES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY STATE, 2024 VS 2030 (%)
• FIGURE 21. UNITED STATES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY STATE, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 22. ASIA-PACIFIC GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY COUNTRY, 2024 VS 2030 (%)
• FIGURE 23. ASIA-PACIFIC GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 24. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY COUNTRY, 2024 VS 2030 (%)
• FIGURE 25. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 26. GEOTHERMAL POWER & HEAT PUMP MARKET SHARE, BY KEY PLAYER, 2024
• FIGURE 27. GEOTHERMAL POWER & HEAT PUMP MARKET, FPNV POSITIONING MATRIX, 2024

LIST OF TABLES

• TABLE 1. GEOTHERMAL POWER & HEAT PUMP MARKET SEGMENTATION & COVERAGE
• TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2024
• TABLE 3. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, 2018-2030 (USD MILLION)
• TABLE 4. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 5. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 6. GEOTHERMAL POWER & HEAT PUMP MARKET DYNAMICS
• TABLE 7. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 8. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, BY REGION, 2018-2030 (USD MILLION)
• TABLE 9. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY AIR-SOURCE HEAT PUMPS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 10. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 11. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, BY REGION, 2018-2030 (USD MILLION)
• TABLE 12. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HORIZONTAL LOOPS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 13. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POND/LAKE SYSTEMS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 14. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY VERTICAL LOOPS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 15. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 16. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY OPEN LOOP, BY REGION, 2018-2030 (USD MILLION)
• TABLE 17. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 18. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY WATER-SOURCE HEAT PUMPS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 19. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 20. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, BY REGION, 2018-2030 (USD MILLION)
• TABLE 21. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY BINARY CYCLE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 22. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DRY STEAM, BY REGION, 2018-2030 (USD MILLION)
• TABLE 23. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY FLASH STEAM, BY REGION, 2018-2030 (USD MILLION)
• TABLE 24. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 25. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 26. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY 3 KW TO 1500 KW, BY REGION, 2018-2030 (USD MILLION)
• TABLE 27. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY LESS THAN 3 KW, BY REGION, 2018-2030 (USD MILLION)
• TABLE 28. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY MORE THAN 1,500 KW, BY REGION, 2018-2030 (USD MILLION)
• TABLE 29. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 30. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY OFFSHORE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 31. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY ONSHORE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 32. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 33. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY NEW DEPLOYMENT, BY REGION, 2018-2030 (USD MILLION)
• TABLE 34. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RETROFITTING & MODERNIZATION, BY REGION, 2018-2030 (USD MILLION)
• TABLE 35. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 36. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY COMMERCIAL, BY REGION, 2018-2030 (USD MILLION)
• TABLE 37. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, BY REGION, 2018-2030 (USD MILLION)
• TABLE 38. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY AGRICULTURE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 39. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY ENERGY & POWER, BY REGION, 2018-2030 (USD MILLION)
• TABLE 40. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 41. GLOBAL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RESIDENTIAL, BY REGION, 2018-2030 (USD MILLION)
• TABLE 42. AMERICAS GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 43. AMERICAS GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 44. AMERICAS GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 45. AMERICAS GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 46. AMERICAS GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 47. AMERICAS GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 48. AMERICAS GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 49. AMERICAS GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 50. AMERICAS GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 51. AMERICAS GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 52. AMERICAS GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 53. ARGENTINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 54. ARGENTINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 55. ARGENTINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 56. ARGENTINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 57. ARGENTINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 58. ARGENTINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 59. ARGENTINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 60. ARGENTINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 61. ARGENTINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 62. ARGENTINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 63. BRAZIL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 64. BRAZIL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 65. BRAZIL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 66. BRAZIL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 67. BRAZIL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 68. BRAZIL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 69. BRAZIL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 70. BRAZIL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 71. BRAZIL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 72. BRAZIL GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 73. CANADA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 74. CANADA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 75. CANADA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 76. CANADA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 77. CANADA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 78. CANADA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 79. CANADA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 80. CANADA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 81. CANADA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 82. CANADA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 83. MEXICO GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 84. MEXICO GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 85. MEXICO GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 86. MEXICO GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 87. MEXICO GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 88. MEXICO GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 89. MEXICO GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 90. MEXICO GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 91. MEXICO GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 92. MEXICO GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 93. UNITED STATES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 94. UNITED STATES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 95. UNITED STATES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 96. UNITED STATES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 97. UNITED STATES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 98. UNITED STATES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 99. UNITED STATES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 100. UNITED STATES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 101. UNITED STATES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 102. UNITED STATES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 103. UNITED STATES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
• TABLE 104. ASIA-PACIFIC GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 105. ASIA-PACIFIC GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 106. ASIA-PACIFIC GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 107. ASIA-PACIFIC GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 108. ASIA-PACIFIC GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 109. ASIA-PACIFIC GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 110. ASIA-PACIFIC GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 111. ASIA-PACIFIC GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 112. ASIA-PACIFIC GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 113. ASIA-PACIFIC GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 114. ASIA-PACIFIC GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 115. AUSTRALIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 116. AUSTRALIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 117. AUSTRALIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 118. AUSTRALIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 119. AUSTRALIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 120. AUSTRALIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 121. AUSTRALIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 122. AUSTRALIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 123. AUSTRALIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 124. AUSTRALIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 125. CHINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 126. CHINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 127. CHINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 128. CHINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 129. CHINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 130. CHINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 131. CHINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 132. CHINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 133. CHINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 134. CHINA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 135. INDIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 136. INDIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 137. INDIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 138. INDIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 139. INDIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 140. INDIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 141. INDIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 142. INDIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 143. INDIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 144. INDIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 145. INDONESIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 146. INDONESIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 147. INDONESIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 148. INDONESIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 149. INDONESIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 150. INDONESIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 151. INDONESIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 152. INDONESIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 153. INDONESIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 154. INDONESIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 155. JAPAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 156. JAPAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 157. JAPAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 158. JAPAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 159. JAPAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 160. JAPAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 161. JAPAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 162. JAPAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 163. JAPAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 164. JAPAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 165. MALAYSIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 166. MALAYSIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 167. MALAYSIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 168. MALAYSIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 169. MALAYSIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 170. MALAYSIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 171. MALAYSIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 172. MALAYSIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 173. MALAYSIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 174. MALAYSIA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 175. NEW ZEALAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 176. NEW ZEALAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 177. NEW ZEALAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 178. NEW ZEALAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 179. NEW ZEALAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 180. NEW ZEALAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 181. NEW ZEALAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 182. NEW ZEALAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 183. NEW ZEALAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 184. NEW ZEALAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 185. PHILIPPINES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 186. PHILIPPINES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 187. PHILIPPINES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 188. PHILIPPINES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 189. PHILIPPINES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 190. PHILIPPINES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 191. PHILIPPINES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 192. PHILIPPINES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 193. PHILIPPINES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 194. PHILIPPINES GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 195. SINGAPORE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 196. SINGAPORE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 197. SINGAPORE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 198. SINGAPORE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 199. SINGAPORE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 200. SINGAPORE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 201. SINGAPORE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 202. SINGAPORE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 203. SINGAPORE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 204. SINGAPORE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 205. SOUTH KOREA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 206. SOUTH KOREA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 207. SOUTH KOREA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 208. SOUTH KOREA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 209. SOUTH KOREA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 210. SOUTH KOREA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 211. SOUTH KOREA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 212. SOUTH KOREA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 213. SOUTH KOREA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 214. SOUTH KOREA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 215. TAIWAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 216. TAIWAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 217. TAIWAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 218. TAIWAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 219. TAIWAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 220. TAIWAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 221. TAIWAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 222. TAIWAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 223. TAIWAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 224. TAIWAN GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 225. THAILAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 226. THAILAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 227. THAILAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 228. THAILAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 229. THAILAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 230. THAILAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 231. THAILAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 232. THAILAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 233. THAILAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 234. THAILAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 235. VIETNAM GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 236. VIETNAM GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 237. VIETNAM GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 238. VIETNAM GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 239. VIETNAM GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 240. VIETNAM GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 241. VIETNAM GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 242. VIETNAM GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 243. VIETNAM GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 244. VIETNAM GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 245. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 246. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 247. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 248. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 249. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 250. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 251. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 252. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 253. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 254. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 255. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 256. DENMARK GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 257. DENMARK GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 258. DENMARK GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 259. DENMARK GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 260. DENMARK GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 261. DENMARK GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 262. DENMARK GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 263. DENMARK GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 264. DENMARK GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 265. DENMARK GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 266. EGYPT GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 267. EGYPT GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 268. EGYPT GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 269. EGYPT GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 270. EGYPT GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 271. EGYPT GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 272. EGYPT GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 273. EGYPT GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 274. EGYPT GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 275. EGYPT GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 276. FINLAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 277. FINLAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 278. FINLAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 279. FINLAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 280. FINLAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 281. FINLAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 282. FINLAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 283. FINLAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 284. FINLAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 285. FINLAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 286. FRANCE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 287. FRANCE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 288. FRANCE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 289. FRANCE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 290. FRANCE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 291. FRANCE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 292. FRANCE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 293. FRANCE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 294. FRANCE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 295. FRANCE GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 296. GERMANY GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 297. GERMANY GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 298. GERMANY GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 299. GERMANY GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 300. GERMANY GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 301. GERMANY GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 302. GERMANY GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 303. GERMANY GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 304. GERMANY GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 305. GERMANY GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)
• TABLE 306. ICELAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 307. ICELAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY HEAT PUMP, 2018-2030 (USD MILLION)
• TABLE 308. ICELAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY GROUND-SOURCE HEAT PUMPS, 2018-2030 (USD MILLION)
• TABLE 309. ICELAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY CLOSED LOOP, 2018-2030 (USD MILLION)
• TABLE 310. ICELAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY POWER GENERATION, 2018-2030 (USD MILLION)
• TABLE 311. ICELAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY RATED CAPACITY, 2018-2030 (USD MILLION)
• TABLE 312. ICELAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT, 2018-2030 (USD MILLION)
• TABLE 313. ICELAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY DEPLOYMENT TYPE, 2018-2030 (USD MILLION)
• TABLE 314. ICELAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 315. ICELAND GEOTHERMAL POWER & HEAT PUMP MARKET SIZE, BY INDUSTRIAL, 2018-2030 (USD MILLION)

TABLE

The Geothermal Power & Heat Pump Market was valued at USD 12.82 billion in 2024 and is projected to grow to USD 13.85 billion in 2025, with a CAGR of 7.97%, reaching USD 20.31 billion by 2030.

The global energy industry is undergoing a paradigm shift as established energy sources give way to innovative, clean, and sustainable alternatives. Geothermal power and heat pump technologies have emerged as pivotal components in this transformation, offering industries and communities efficient and eco-friendly solutions for both power generation and heating needs. As the drive toward reduced emissions intensifies, stakeholders are increasingly turning their attention to the potential of geothermal systems, which uniquely leverage the Earth's natural heat to deliver continuous energy output.

This introduction sets the stage for an in-depth look at market trends that are fueling significant investments in technology upgrades and infrastructure overhaul. With growing governmental support, improvements in drilling and installation techniques, and a rising demand for renewable energy, this market is positioned for accelerated expansion. The focus is not only on enhancing existing power generation processes but also on integrating innovative heat pump systems that optimize energy usage across residential, commercial, and industrial segments.

By examining the evolving market dynamics, regulatory landscapes, and the latest technological advancements, the subsequent sections provide a comprehensive review of the key drivers of growth. This analysis also highlights how market participants are adapting to ever-changing consumer demands and environmental challenges, ensuring that this renewable energy segment remains at the forefront of sustainable innovation.

Transformative Shifts in the Geothermal and Heat Pump Sector

Over recent years, the geothermal and heat pump sector has seen transformative shifts that have redefined market boundaries and accelerated technological adoption. Emerging innovations are driving the development of more efficient systems, enabling stakeholders to overcome historical challenges associated with installation, maintenance, and performance reliability. Changes in regulatory frameworks, increasing financial incentives, and a global commitment to carbon neutrality are all converging to offer a fertile environment for further investment in this space.

The evolution in control systems and data analytics is also playing a crucial role, as digital transformation allows operators to optimize plant performance and reduce operational costs. Enhanced monitoring and real-time diagnostics ensure productive asset utilization, while adaptive control mechanisms enhance energy conversion efficiency. Meanwhile, advancements in materials science are fostering more resilient infrastructure capable of sustaining prolonged geothermal activity.

Additionally, strategic partnerships between technology developers, financial institutions, and public agencies have accelerated the market's evolutionary pace, creating conditions that encourage experimentation and pilot projects. This vibrant ecosystem, driven by policy changes and technological breakthroughs, is rapidly transforming traditional geothermal power plants into models of operational excellence. The increasing deployment of integrated heat pump solutions across various applications further underscores the economic and environmental benefits of leveraging geothermal energy. As companies worldwide continue to invest in next-generation equipment and infrastructure, the sector is set to experience sustained momentum in innovation and market penetration.

Key Segmentation Insights in the Geothermal and Heat Pump Market

Detailed segmentation of the market offers valuable insights into the varied components and applications driving demand for geothermal energy solutions. The analysis based on technology distinguishes between the applications of heat pump systems and power generation infrastructures. Within heat pumps, the market is assessed across air-source, ground-source, and water-source variants. A closer evaluation of ground-source heat pumps reveals further differentiation into closed loop and open loop systems, with closed loops being analyzed across horizontal loops, pond/lake systems, and vertical loops. In the realm of power generation, the segmentation focuses on binary cycle, dry steam, and flash steam solutions, each offering unique advantages regarding operational efficiency and geographic feasibility.

The market is further segmented on the basis of rated capacity, which examines systems falling within the 3 kW to 1500 kW range, those below 3 kW, and those exceeding 1500 kW. This capacity-based evaluation not only highlights the scalability of technologies but also provides a window into performance expectations and installation challenges across different system sizes. In addition to capacity, deployment patterns play a significant role, with analysis segregated between offshore and onshore implementations. The segmentation deepens when the deployment type is considered, distinguishing between new deployments and retrofitting or modernization activities, revealing the momentum behind infrastructural renewal.

Lastly, examination based on end-use application offers a comprehensive view of market demand. This segmentation identifies key consumption categories such as commercial, industrial, and residential. In the industrial space, further insight is drawn by separating sectors like agriculture and energy and power, each with distinct operational needs and regulatory environments. These segmentation insights are critical for identifying growth pockets and tailoring investment strategies to meet evolving market demands.

Based on Technology, market is studied across Heat Pump and Power Generation. The Heat Pump is further studied across Air-Source Heat Pumps, Ground-Source Heat Pumps, and Water-Source Heat Pumps. The Ground-Source Heat Pumps is further studied across Closed Loop and Open Loop. The Closed Loop is further studied across Horizontal Loops, Pond/Lake Systems, and Vertical Loops. The Power Generation is further studied across Binary Cycle, Dry Steam, and Flash Steam.

Based on Rated Capacity, market is studied across 3 kW to 1500 kW, Less than 3 kW, and More than 1,500 kW.

Based on Deployment, market is studied across Offshore and Onshore.

Based on Deployment Type, market is studied across New Deployment and Retrofitting & Modernization.

Based on End-Use, market is studied across Commercial, Industrial, and Residential. The Industrial is further studied across Agriculture and Energy & Power.

Key Regional Insights Shaping Market Dynamics

The geothermal and heat pump market exhibits diverse regional dynamics that play a pivotal role in defining global growth trajectories. In the Americas, a strong focus on energy independence combined with supportive policy frameworks has promoted rapid adoption of innovative heat pump technologies and geothermal power solutions. Both government initiatives and private sector investments are contributing to significant infrastructure developments in this region.

Europe, Middle East & Africa continues to lead with progressive climate policies and ambitious renewable energy targets. In these regions, mature markets have embraced retrofitting and modernization trends, while new developments benefit from advanced technologies and favorable market conditions that maximize energy efficiency and sustainability. Country-specific initiatives illustrate the sector's potential in reducing carbon footprints while driving economic forward momentum.

In the Asia-Pacific region, urbanization, rapid industrialization, and increasing energy demands stimulate market expansion and infrastructure improvements. Rapid economic growth in several countries is facilitating investments in innovative geothermal solutions and heat pump systems. The collaborative environment among industry stakeholders and technological innovators in Asia-Pacific is fostering new opportunities that address both energy security and environmental challenges. This juxtaposition of regional trends underscores the important role that geographic factors play in shaping the market's evolution.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across Alaska, California, Hawaii, Idaho, Nevada, New Mexico, Oregon, and Utah. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Iceland, Israel, Italy, Kenya, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

Key Companies Insights Driving Market Innovation

Industry leaders are at the forefront of developing and commercializing next-generation geothermal and heat pump solutions, ensuring that innovation remains a constant driver in this market. Notable companies such as AltaRock Energy, Inc. and Baker Hughes Company have pioneered groundbreaking drilling techniques and advanced system monitoring to optimize energy extraction efficiency. In parallel, Bostech Mechanical Ltd. and Brightcore Energy LLC are transforming how thermal energy solutions are integrated into industrial applications, thereby enhancing operational reliability and cost-effectiveness.

Beyond these, Carrier Corporation and ClimateMaster, Inc. by NIBE Industrier AB have leveraged innovative engineering to push the boundaries of system performance, while companies like Daikin Industries, Ltd. and Dandelion Energy, Inc. are rapidly expanding their product portfolios to address the diverse needs of both power generation and residential heating markets. Established leaders such as Danfoss A/S and De Dietrich by BDR Thermea France S.A.S. have set benchmarks for quality and durability, and their influence is further extended by the proactive efforts of EnergySmart Alternatives, LLC.

Other significant players include Fujitsu Limited, Geo-Flo Corporation, and GeoComfort by Enertech Global, LLC, whose relentless focus on technological research and development consistently drives market advancements. Moreover, contributions from GeoSmart Energy, GeoStar, Haier Group Corporation, Hydro-Temp Corporation, Kensa Group Ltd, and LG Electronics Inc. further enrich this competitive landscape. Maritime Geothermal Ltd., Menerga d.o.o., Miami Heat Pump, Mitsubishi Electric Corporation, OCHSNER Warmepumpen GmbH, Oilon Group Oy, Ormat Technologies, Inc., Power World Machinery Equipment Co., Ltd., Robert Bosch GmbH, Shuangliang Eco-energy Systems Co., Ltd., Siemens AG, STIEBEL ELTRON GmbH & Co. KG, TermoShop D.o.o., Toyesi Pty Ltd, Trane Technologies plc, and WaterFurnace International, Inc. are all actively contributing to this dynamic ecosystem. Their collaborative and competitive efforts not only stimulate further product innovations but also ensure a robust supply chain and service network that supports market expansion globally.

The report delves into recent significant developments in the Geothermal Power & Heat Pump Market, highlighting leading vendors and their innovative profiles. These include AltaRock Energy, Inc., Baker Hughes Company, Bostech Mechanical Ltd., Brightcore Energy LLC, Carrier Corporation, ClimateMaster, Inc. by NIBE Industrier AB, Daikin Industries, Ltd., Dandelion Energy, Inc., Danfoss A/S, De Dietrich by BDR Thermea France S.A.S., EnergySmart Alternatives, LLC, Fujitsu Limited, Geo-Flo Corporation, GeoComfort by Enertech Global, LLC, Geoflex Systems Inc., GeoSmart Energy, GeoStar, Haier Group Corporation, Hydro-Temp Corporation, Kensa Group Ltd, LG Electronics Inc., Maritime Geothermal Ltd., Menerga d.o.o., Miami Heat Pump, Mitsubishi Electric Corporation, OCHSNER Warmepumpen GmbH, Oilon Group Oy, Ormat Technologies, Inc., Power World Machinery Equipment Co., Ltd., Robert Bosch GmbH, Shuangliang Eco-energy Systems Co., Ltd., Siemens AG, STIEBEL ELTRON GmbH & Co. KG, TermoShop D.o.o., Toyesi Pty Ltd, Trane Technologies plc, and WaterFurnace International, Inc.. Actionable Recommendations for Industry Leaders

Industry leaders should prioritize comprehensive research and timely modernization to capitalize on emerging opportunities in the geothermal power and heat pump sector. It is essential to focus on strategic investments in technological innovation and R&D initiatives that enhance operational efficiencies and lower maintenance costs. By aligning with regulatory developments and embracing retrofit as well as new deployment strategies, companies can effectively expand their market presence while reducing environmental impact.

Companies are encouraged to foster cross-industry partnerships to leverage diverse technological perspectives and optimize supply chains. Emphasizing data analytics and digital integration is also critical, as these technologies enable real-time performance monitoring and predictive maintenance, thereby mitigating risks and enhancing overall reliability. In doing so, decision-makers can secure a competitive edge in today's rapidly evolving market landscape.

Conclusion: Summarizing Market Opportunities and Challenges

The analysis of the geothermal and heat pump market indicates that technological innovation, evolving consumer demand, and progressive regulatory policies are converging to create a robust platform for future growth. The segmentation of the market by technology, capacity, deployment, and end-use provides a detailed roadmap for investors and project developers, clarifying which segments offer the highest potential for scalability and ROI. Special attention to regional dynamics further highlights unique market characteristics and emerging opportunities across vast geographical areas.

In a rapidly changing energy landscape, continuous adaptation stands as the cornerstone of sustainable growth. The current momentum is powered by advancements in design, fabrication, and digital integration, while industry players work tirelessly to push the boundaries of efficiency and reliability. As the market evolves, proactive strategies and targeted investments will be essential to harnessing the long-term benefits of geothermal power and heat pump technologies, ultimately driving economies toward a greener, more resilient future.

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Increasing need for energy-efficient heating and cooling solutions in the residential sector
    • 5.1.1.2. Government policies and incentives to expand geothermal power plant deployment
    • 5.1.1.3. Increasing focus on energy conservation and shift to geothermal electricity generation
  • 5.1.2. Restraints
    • 5.1.2.1. High initial installation costs and need for severe above-ground alterations
  • 5.1.3. Opportunities
    • 5.1.3.1. New investments to develop geothermal power generation plants worldwide
    • 5.1.3.2. Technological advancements and design improvements in geothermal power & heat pumps
  • 5.1.4. Challenges
    • 5.1.4.1. Significant challenges related to drilling technology and efficiency of heat extraction in geothermal power & heat pump
• 5.2. Market Segmentation Analysis
  • 5.2.1. Rated Capacity: Rising R&D toward the development of systems to maintain effectiveness and efficiency across infrastructure projects
  • 5.2.2. Power Plant Type: Rising demand for flash steam power plants due to their efficiency and technological simplicity
  • 5.2.3. Deployment: Prospecting future energy solutions through offshore deployment of the geothermal plants
  • 5.2.4. Deployment Type: Rise in deployment of retrofitting and modernization for updating existing structure
  • 5.2.5. End-Use: Boost in demand for geothermal power & heat pumps across the residential sector
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Geothermal Power & Heat Pump Market, by Technology

• 6.1. Introduction
• 6.2. Heat Pump
  • 6.2.1. Air-Source Heat Pumps
  • 6.2.2. Ground-Source Heat Pumps
    • 6.2.2.1. Closed Loop
    • 6.2.2.1.1. Horizontal Loops
    • 6.2.2.1.2. Pond/Lake Systems
    • 6.2.2.1.3. Vertical Loops
    • 6.2.2.2. Open Loop
  • 6.2.3. Water-Source Heat Pumps
• 6.3. Power Generation
  • 6.3.1. Binary Cycle
  • 6.3.2. Dry Steam
  • 6.3.3. Flash Steam

7. Geothermal Power & Heat Pump Market, by Rated Capacity

• 7.1. Introduction
• 7.2. 3 kW to 1500 kW
• 7.3. Less than 3 kW
• 7.4. More than 1,500 kW

8. Geothermal Power & Heat Pump Market, by Deployment

• 8.1. Introduction
• 8.2. Offshore
• 8.3. Onshore

9. Geothermal Power & Heat Pump Market, by Deployment Type

• 9.1. Introduction
• 9.2. New Deployment
• 9.3. Retrofitting & Modernization

10. Geothermal Power & Heat Pump Market, by End-Use

• 10.1. Introduction
• 10.2. Commercial
• 10.3. Industrial
  • 10.3.1. Agriculture
  • 10.3.2. Energy & Power
• 10.4. Residential

11. Americas Geothermal Power & Heat Pump Market

• 11.1. Introduction
• 11.2. Argentina
• 11.3. Brazil
• 11.4. Canada
• 11.5. Mexico
• 11.6. United States

12. Asia-Pacific Geothermal Power & Heat Pump Market

• 12.1. Introduction
• 12.2. Australia
• 12.3. China
• 12.4. India
• 12.5. Indonesia
• 12.6. Japan
• 12.7. Malaysia
• 12.8. New Zealand
• 12.9. Philippines
• 12.10. Singapore
• 12.11. South Korea
• 12.12. Taiwan
• 12.13. Thailand
• 12.14. Vietnam

13. Europe, Middle East & Africa Geothermal Power & Heat Pump Market

• 13.1. Introduction
• 13.2. Denmark
• 13.3. Egypt
• 13.4. Finland
• 13.5. France
• 13.6. Germany
• 13.7. Iceland
• 13.8. Israel
• 13.9. Italy
• 13.10. Kenya
• 13.11. Netherlands
• 13.12. Nigeria
• 13.13. Norway
• 13.14. Poland
• 13.15. Qatar
• 13.16. Russia
• 13.17. Saudi Arabia
• 13.18. South Africa
• 13.19. Spain
• 13.20. Sweden
• 13.21. Switzerland
• 13.22. Turkey
• 13.23. United Arab Emirates
• 13.24. United Kingdom

14. Competitive Landscape

• 14.1. Market Share Analysis, 2024
• 14.2. FPNV Positioning Matrix, 2024
• 14.3. Competitive Scenario Analysis
  • 14.3.1. Bedrock Energy secures USD 12 million Series A to scale advanced geothermal heating and cooling solutions in the Mountain West
  • 14.3.2. Estonia launches innovative geothermal pilot plant aiming to reduce costs and fossil fuel dependency
  • 14.3.3. Brightcore Energy Initiates Geothermal Project at Bard College
  • 14.3.4. Rendesco's Strategic Development of GBP 150 Million Pipeline for Ground-Source Heat Pump Rollout in the United Kingdom Housing
  • 14.3.5. Daikin Air Conditioning UK Enhances Service Network Through Strategic Acquisition
  • 14.3.6. Innovative Hybrid Energy System in South Korea Enhances Greenhouse Efficiency
  • 14.3.7. Strategic Partnership Enhances Renewable Energy Access Through Solar and Geothermal Integration
  • 14.3.8. Significant Advancement in UK's Renewable Energy Sector Through Major Ground Source Heat Pump Investment
  • 14.3.9. Innovative Advancements in Heat Pump Technology and Cooling Solutions for Mission-Critical Environments
  • 14.3.10. EHP Technology Company Unveils Innovative Geothermal Heating Solution
  • 14.3.11. HANZA and Thermia Partnered on Geothermal Solutions
  • 14.3.12. Strategic Alliance to Enhance Geothermal Energy and Storage Solutions
  • 14.3.13. Equium's Innovative Thermo-Acoustic Heat Pump Core, a Leap in Heat Efficiency
• 14.4. Strategy Analysis & Recommendation
  • 14.4.1. Baker Hughes Company
  • 14.4.2. Carrier Corporation
  • 14.4.3. ClimateMaster, Inc.
  • 14.4.4. Kensa Group Ltd
  • 14.4.5. LG Electronics Inc.

Companies Mentioned

• 1. AltaRock Energy, Inc.
• 2. Baker Hughes Company
• 3. Bostech Mechanical Ltd.
• 4. Brightcore Energy LLC
• 5. Carrier Corporation
• 6. ClimateMaster, Inc. by NIBE Industrier AB
• 7. Daikin Industries, Ltd.
• 8. Dandelion Energy, Inc.
• 9. Danfoss A/S
• 10. De Dietrich by BDR Thermea France S.A.S.
• 11. EnergySmart Alternatives, LLC
• 12. Fujitsu Limited
• 13. Geo-Flo Corporation
• 14. GeoComfort by Enertech Global, LLC
• 15. Geoflex Systems Inc.
• 16. GeoSmart Energy
• 17. GeoStar
• 18. Haier Group Corporation
• 19. Hydro-Temp Corporation
• 20. Kensa Group Ltd
• 21. LG Electronics Inc.
• 22. Maritime Geothermal Ltd.
• 23. Menerga d.o.o.
• 24. Miami Heat Pump
• 25. Mitsubishi Electric Corporation
• 26. OCHSNER Warmepumpen GmbH
• 27. Oilon Group Oy
• 28. Ormat Technologies, Inc.
• 29. Power World Machinery Equipment Co., Ltd.
• 30. Robert Bosch GmbH
• 31. Shuangliang Eco-energy Systems Co., Ltd.
• 32. Siemens AG
• 33. STIEBEL ELTRON GmbH & Co. KG
• 34. TermoShop D.o.o.
• 35. Toyesi Pty Ltd
• 36. Trane Technologies plc
• 37. WaterFurnace International, Inc.