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Global Geothermal Heat Pumps Market Trends, Market Size and Forecasts to 2024 - ResearchAndMarkets.com

October 10, 2018

DUBLIN--(BUSINESS WIRE)--Oct 10, 2018--The “Geothermal Heat Pumps Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024” report has been added to ResearchAndMarkets.com’s offering.

The report predicts the global geothermal heat pumps market to grow with a CAGR of 9.8% over the forecast period of 2018-2024.

The ability to reduce the electricity bill by 30% to 60% when compared to traditional heating and cooling systems will make its adoption favorable among other available alternatives. In addition, low maintenance cost and full automation are also likely to boost the growth of the geothermal heat pumps market.However, high cost and lack of consumer awareness about geothermal heat pump’s benefit are likely to hamper the development of geothermal heat pumps market.Furthermore, geothermal heat pumps provide less energy consumption and help in minimizing greenhouse gas emissions which are further anticipated to provide several growth opportunities for the key players in the geothermal heat pumps market over the coming years.

Companies Profiled

NIBERobert BoschKensa Heat PumpsFinn GeothermStiebel EltronVaillant GroupBard HVACBryant Heating & Cooling SystemsEcoforestGlen Dimplex

Key Topics Covered

1. Preface

2. Executive Summary

3. Global Geothermal Heat Pumps Market Overview

4. Geothermal Heat Pumps Market Macro Indicator Analysis

5. Global Geothermal Heat Pumps Market by Type

6. Global Geothermal Heat Pumps Market by Applications

7. Global Geothermal Heat Pumps Market by Region 2018-2024

8. Company Profiles and Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/fdc9p6/global_geothermal?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181010005473/en/

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Related Topics:Geothermal Energy,Pumps

KEYWORD:

INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY MANUFACTURING OTHER MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 10/10/2018 07:49 AM/DISC: 10/10/2018 07:49 AM

http://www.businesswire.com/news/home/20181010005473/en

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