Italy Geothermal Heat Pump Market Size & Outlook
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Italy geothermal heat pump market highlights
- The Italy geothermal heat pump market generated a revenue of USD 96.3 million in 2019 and is expected to reach USD 155.9 million by 2027.
- The Italy market is expected to grow at a CAGR of 6.2% from 2020 to 2027.
- In terms of segment, closed loop was the largest revenue generating type in 2019.
- Closed Loop is the most lucrative type segment registering the fastest growth during the forecast period.
Geothermal heat pump market data book summary
| Market revenue in 2019 | USD 96.3 million |
| Market revenue in 2027 | USD 155.9 million |
| Growth rate | 6.2% (CAGR from 2019 to 2027) |
| Largest segment | Closed loop |
| Fastest growing segment | Closed Loop |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Closed Loop, Open Loop |
| Key market players worldwide | Ingersoll Rand Inc, Daikin Industries Ltd, NIBE Industrier AB ADR, Carrier Global Corp Ordinary Shares, Spectrum Brands Holdings Inc, Stiebel Eltron, Vaillant Group, Viessmann, ClimateMaster, Bard Manufacturing Company, Ochsner Health System, Maritime Geothermal, Robert Bosch Engineering & Business Solutions, Dandelion Energy |
Other key industry trends
- In terms of revenue, Italy accounted for 1.0% of the global geothermal heat pump market in 2019.
- Country-wise, China is expected to lead the global market in terms of revenue in 2027.
- In Europe, Sweden geothermal heat pump market is projected to lead the regional market in terms of revenue in 2027.
- Finland is the fastest growing regional market in Europe and is projected to reach USD 495.5 million by 2027.
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Geothermal Heat Pump Market Scope
Geothermal Heat Pump Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Dandelion Energy | View profile | 51-100 | Mount Kisco, New York, United States, North America | https://dandelionenergy.com |
| Robert Bosch Engineering & Business Solutions | View profile | 10001+ | Bangalore, Karnataka, India, Asia | http://www.bosch-india-software.com |
| Maritime Geothermal | View profile | 11-50 | Petitcodiac, New Brunswick, Canada, North America | https://www.nordicghp.com |
| Ochsner Health System | View profile | 10001+ | New Orleans, Louisiana, United States, North America | https://www.ochsner.org/ |
| Bard Manufacturing Company | View profile | 251-500 | Ohio, Illinois, United States, North America | http://www.bardhvac.com/ |
| ClimateMaster | View profile | 501-1000 | Oklahoma City, Oklahoma, United States, North America | http://climatemaster.com |
| Viessmann | View profile | 10001+ | Allendorf-eder, Hessen, Germany, Europe | http://www.viessmann.de |
| Vaillant Group | View profile | 10001+ | Remscheid, Nordrhein-Westfalen, Germany, Europe | https://www.vaillant-group.com |
| Stiebel Eltron | View profile | 11-50 | West Hatfield, Massachusetts, United States, North America | http://www.stiebel-eltron-usa.com |
| NIBE Industrier AB ADR | View profile | 22500 | Hannabadsvagen 5, Box 14, Markaryd, Sweden, SE- 285 21 | https://www.nibe.com |
| Ingersoll Rand Inc | View profile | 18000 | 525 Harbour Place Drive, Suite 600, Davidson, NC, United States, 28036 | https://www.irco.com |
| Carrier Global Corp Ordinary Shares | View profile | 53000 | 13995 Pasteur Boulevard, Palm Beach Gardens, FL, United States, 33418 | https://www.corporate.carrier.com |
| Daikin Industries Ltd | View profile | 107127 | Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, Japan, 530-8323 | http://www.daikin.com |
| Spectrum Brands Holdings Inc | View profile | 3100 | 3001 Deming Way, Middleton, WI, United States, 53562 | https://www.spectrumbrands.com |
Italy geothermal heat pump market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to geothermal heat pump market will help companies and investors design strategic landscapes.
Closed loop was the largest segment with a revenue share of 85.36% in 2019. Horizon Databook has segmented the Italy geothermal heat pump market based on closed loop, open loop covering the revenue growth of each sub-segment from 2016 to 2027.
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Our clientele includes a mix of geothermal heat pump market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy geothermal heat pump market , including forecasts for subscribers. This country databook contains high-level insights into Italy geothermal heat pump market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Italy geothermal heat pump market size, by type, 2016-2027 (US$M)
Italy Geothermal Heat Pump Market Outlook Share, 2019 & 2027 (US$M)
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