Editoria e Media
Enterprise Adoption of Geothermal Heat Pumps Will Create a US$18.5 Billion Market in 2030 as Sustainable Heating Takes Center Stage
Approximately 415 thousand geothermal heat pump units were sold globally in 2022, ranging from small domestic use to large district heating projects. Non-residential GHP units consisted roughly 43% of the market in 2022 while contributing 69% of the revenue. This is due to larger units sold to enterprises and industries, which rapidly scale the cost. The Asia-Pacific region will continue to hold the largest market share in terms of units and revenue.
Major players such as Mitsubishi,Siemens, and Carrier will continue to push the boundaries of heat pumps. Current use cases include those in agriculture, using heat to dry crops and recovery of the heat to store in the ground to improve efficiency, and large-scale projects using waste heat to provide heating for thousands of homes and office buildings in cities.
The use of GHPs for enterprises and industries will continue to grow over the years to meet sustainability goals. "Residential applications will hold steady and not grow much in the future as they continue to demand a large space and higher installation costs for the public. However, enterprises and industries have the capital to invest in this technology with its options and applications, allowing the market to grow with a CAGR of 6% through to 2030," Torbet concludes.
These findings are from ABI Research's Smart Heating Technologies for Enterprises application analysis report. This report is part of the company's Smart Energy for Enterprises and Industries research service, which includes research, data, and ABI Insights. Based on extensive primary interviews, Application Analysis reports present an in-depth analysis of key market trends and factors for a specific technology.
ABI Research is a global technology intelligence firm delivering actionable research and strategic guidance to technology leaders, innovators, and decision makers around the world. Our research focuses on the transformative technologies that are dramatically reshaping industries, economies, and workforces today.
ABI Research是一家国际科技情报公司，为全球科技领袖、创新人士和决策者提供实用的市场研究和战略性指导。我们密切关注一切为各行各业、全球经济和劳动市场带来颠覆性变革的创新与技术。
For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe , +65.6592.0290 in Asia-Pacific , or visit www.abiresearch.com.
:
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com
Logo - https://mma.prnewswire.com/media/1471031/ABI_Research_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/enterprise-adoption-of-geothermal-heat-pumps-will-create-a-us18-5-billion-market-in-2030-as-sustainable-heating-takes-center-stage-301954436.html