지열 히트 펌프 시장 : 세계 산업 규모, 점유율, 동향, 기회, 예측 - 유형별(오픈 루프, 클로즈드 루프), 용도별(주택, 상업, 산업), 지역별, 경쟁별(2020-2030년)

The Global Geothermal Heat Pump Market was valued at USD 12.5 billion in 2024 and is projected to reach USD 20.9 billion by 2030, expanding at a CAGR of 8.8% during the forecast period. Geothermal heat pumps (GHPs) are gaining traction as an efficient and sustainable HVAC solution for residential, commercial, and industrial buildings. By leveraging the earth's constant underground temperature, GHPs can deliver up to four times more energy than they consume, enabling significant energy cost savings. This makes them a highly attractive option amid rising energy prices and growing concerns over greenhouse gas emissions. Government support through tax incentives, rebates, and grant programs is further boosting adoption, especially in countries promoting clean energy transitions. Technological improvements have enhanced installation efficiency, reduced operational complexity, and enabled integration with smart home systems. The expansion of sustainable construction and the demand for environmentally responsible energy systems are positioning geothermal heat pumps as a vital component of future-ready infrastructure across key global markets.

Key Market Drivers

Rising Demand for Energy-Efficient and Cost-Effective HVAC Solutions

The increasing focus on energy efficiency and sustainability is a major driver of growth in the global geothermal heat pump market. Unlike conventional HVAC systems, which are often energy-intensive and dependent on fossil fuels, GHPs use the earth's steady thermal energy for heating and cooling, cutting energy consumption by 30% to 60%. This results in lower utility bills and long-term cost benefits for end users. Despite a higher upfront cost, the return on investment becomes evident over time due to reduced operational expenses and minimal maintenance requirements. GHP systems have impressive longevity-lasting 20-25 years for interior components and over 50 years for underground loops. These factors, combined with increasing electricity demand from data centers and advanced technologies, are driving partnerships such as Meta's agreement with Sage Geosystems and the growth of companies like Fervo Energy, which has surpassed a USD 1 billion valuation with plans for an IPO in the coming years.

Key Market Challenges

High Initial Installation Costs and Long Payback Periods

A key barrier to widespread adoption of geothermal heat pump systems is the high capital cost associated with installation. This includes equipment, site evaluation, drilling or trenching for ground loops, permitting, and specialized labor-resulting in a significantly higher investment compared to traditional HVAC systems. In densely populated urban areas or in regions with difficult soil conditions, installation becomes even more complex and costly, particularly for vertical loop systems that require deep drilling. For many residential consumers, the large initial expense outweighs the perceived benefits, despite future energy savings. These high upfront costs contribute to extended payback periods, limiting accessibility and slowing market penetration, especially in regions lacking strong financial incentives or awareness of long-term economic benefits.

Key Market Trends

Integration of Smart Technologies and IoT with Geothermal Heat Pump Systems

The growing integration of smart technologies and IoT is transforming geothermal heat pump systems into intelligent, connected solutions. These modern systems allow users to monitor and control heating and cooling operations remotely via mobile devices or home automation platforms. They adapt based on usage patterns, external weather conditions, and user preferences to optimize energy efficiency and comfort. Integration with platforms like Google Nest, Amazon Alexa, and Ecobee is increasingly common, enabling seamless operation within smart building ecosystems. These technologies not only enhance convenience and performance but also support predictive maintenance and energy analytics, helping users maximize cost savings and system lifespan. The adoption of smart geothermal systems is expected to grow in tandem with advancements in home automation and intelligent energy management.

Key Market Players

• Carrier Global Corporation
• Trane Technologies plc
• WaterFurnace Renewable Energy, Inc.
• ClimateMaster, Inc.
• Bosch Thermotechnology Corp.
• Viessmann Group
• Stiebel Eltron, Inc.
• Dandelion Energy

Report Scope:

In this report, the Global Geothermal Heat Pump Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Geothermal Heat Pump Market, By Type:

• Open Loop
• Closed Loop

Geothermal Heat Pump Market, By Application:

• Residential
• Commercial
• Industrial

Geothermal Heat Pump Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
• South America
  • Brazil
  • Colombia
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Geothermal Heat Pump Market.

Available Customizations:

Global Geothermal Heat Pump Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, and Trends

4. Voice of Customer

5. Global Geothermal Heat Pump Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Type (Open Loop, Closed Loop)
  • 5.2.2. By Application (Residential, Commercial, Industrial)
  • 5.2.3. By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)
• 5.3. By Company (2024)
• 5.4. Market Map

6. North America Geothermal Heat Pump Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Type
  • 6.2.2. By Application
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Geothermal Heat Pump Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Type
      • 6.3.1.2.2. By Application
  • 6.3.2. Canada Geothermal Heat Pump Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Type
      • 6.3.2.2.2. By Application
  • 6.3.3. Mexico Geothermal Heat Pump Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Type
      • 6.3.3.2.2. By Application

7. Europe Geothermal Heat Pump Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Type
  • 7.2.2. By Application
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Geothermal Heat Pump Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Type
      • 7.3.1.2.2. By Application
  • 7.3.2. France Geothermal Heat Pump Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Type
      • 7.3.2.2.2. By Application
  • 7.3.3. United Kingdom Geothermal Heat Pump Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Type
      • 7.3.3.2.2. By Application
  • 7.3.4. Italy Geothermal Heat Pump Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Type
      • 7.3.4.2.2. By Application
  • 7.3.5. Spain Geothermal Heat Pump Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Type
      • 7.3.5.2.2. By Application

8. Asia Pacific Geothermal Heat Pump Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Type
  • 8.2.2. By Application
  • 8.2.3. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Geothermal Heat Pump Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Type
      • 8.3.1.2.2. By Application
  • 8.3.2. India Geothermal Heat Pump Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Type
      • 8.3.2.2.2. By Application
  • 8.3.3. Japan Geothermal Heat Pump Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Type
      • 8.3.3.2.2. By Application
  • 8.3.4. South Korea Geothermal Heat Pump Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Type
      • 8.3.4.2.2. By Application
  • 8.3.5. Australia Geothermal Heat Pump Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Type
      • 8.3.5.2.2. By Application

9. Middle East & Africa Geothermal Heat Pump Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Type
  • 9.2.2. By Application
  • 9.2.3. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Geothermal Heat Pump Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Type
      • 9.3.1.2.2. By Application
  • 9.3.2. UAE Geothermal Heat Pump Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Type
      • 9.3.2.2.2. By Application
  • 9.3.3. South Africa Geothermal Heat Pump Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Type
      • 9.3.3.2.2. By Application

10. South America Geothermal Heat Pump Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Type
  • 10.2.2. By Application
  • 10.2.3. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Geothermal Heat Pump Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Type
      • 10.3.1.2.2. By Application
  • 10.3.2. Colombia Geothermal Heat Pump Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Type
      • 10.3.2.2.2. By Application
  • 10.3.3. Argentina Geothermal Heat Pump Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Type
      • 10.3.3.2.2. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends and Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Company Profiles

• 13.1. Carrier Global Corporation
  • 13.1.1. Business Overview
  • 13.1.2. Key Revenue and Financials
  • 13.1.3. Recent Developments
  • 13.1.4. Key Personnel
  • 13.1.5. Key Product/Services Offered
• 13.2. Trane Technologies plc
• 13.3. WaterFurnace Renewable Energy, Inc.
• 13.4. ClimateMaster, Inc.
• 13.5. Bosch Thermotechnology Corp.
• 13.6. Viessmann Group
• 13.7. Stiebel Eltron, Inc.
• 13.8. Dandelion Energy

14. Strategic Recommendations

15. About Us & Disclaimer