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Europe Geothermal Heating and Cooling Systems Market, Global Outlook and Forecast 2025-2032

Europe Geothermal Heating and Cooling Systems Market, Global Outlook and Forecast 2025-2032

  • Category:Machines
  • Published on : 02 January 2025
  • Pages :205
  • Formats:
  • Report Code:SMR-8026255
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Geothermal Heating Cooling Systems Market Size, Share 2025


Market size in 2024 US$ 11.97 billion
 Forecast Market size by 2030 US$ 16.6 billion
Growth Rate CAGR of 5.6% Number of Pages 205 Pages

Report Includes

The Europe Geothermal Heating and Cooling Systems market size was valued at US$ 11.97 billion in 2024 and is projected to reach US$ 16.6 billion by 2030, at a CAGR of 5.6% during the forecast period 2024-2030.

This report is an essential reference for who looks for detailed information on Europe Geothermal Heating and Cooling Systems. The report covers data on Europe markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Europe major vendors¡¯ information. In addition to the data part, the report also provides overview of Geothermal Heating and Cooling Systems, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Europe Geothermal Heating and Cooling Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Geothermal Heating and Cooling Systems. This report contains market size and forecasts of Geothermal Heating and Cooling Systems in Europe, including the following market information:

We surveyed the Geothermal Heating and Cooling Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

  • Germany

  • United Kingdom

  • France

  • Italy

  • Spain

  • Netherlands

  • Belgium

by Products type:

  • Vertical Coil Installation

  • Horizontal Coil Installation

  • Pond Systems Installation

by Application:

  • Residential

  • Commercial

  • Industrial

key players include:

  • Ormat Technologies

  • Enel Green Power

  • ENGIE

  • Mannvit Engineering

  • Star Energy

  • RWE

  • Climeon

  • Exergy International S.r.l.

  • Bestec GmbH

  • Green Energy Geothermal

  • Including or excluding key companies relevant to your analysis.

Competitor Analysis

  • The report also provides analysis of leading market participants including:

  • Key companies Geothermal Heating and Cooling Systems revenues in Europe market, 2019-2025 (Estimated), ($ millions)

  • Key companies Geothermal Heating and Cooling Systems revenues share in Europe market, 2023 (%)

  • Key companies Geothermal Heating and Cooling Systems sales in Europe market, 2019-2025 (Estimated),

  • Key companies Geothermal Heating and Cooling Systems sales share in Europe market, 2023 (%)

FAQs on Europe Geothermal Heating and Cooling Systems Market

1. What is the current market size of the Europe Geothermal Heating and Cooling Systems market?

The Europe Geothermal Heating and Cooling Systems market was valued at US$ 11.97 billion in 2024.

2. What is the projected market size of the Europe Geothermal Heating and Cooling Systems market by 2030?

The market is expected to grow to US$ 16.6 billion by 2030, demonstrating steady growth over the forecast period.

3. What is the compound annual growth rate (CAGR) of the Europe Geothermal Heating and Cooling Systems market from 2024 to 2030?

The market is anticipated to grow at a CAGR of 5.6% during the forecast period.

4. What are geothermal heating and cooling systems, and how do they work?

Geothermal systems use the Earth’s stable underground temperatures to heat and cool buildings. These systems work by:

  • Heating: Extracting heat from the ground and distributing it indoors.

  • Cooling: Transferring heat from indoors back into the ground.

    This process is facilitated by a network of pipes (ground loops) and heat pumps.

5. What factors are driving the growth of the Europe Geothermal Heating and Cooling Systems market?

Key growth drivers include:

  • Increasing focus on renewable energy and sustainable heating solutions.

  • Rising government incentives and subsidies for geothermal system adoption.

  • Growing awareness of the long-term cost savings and environmental benefits of geothermal systems.

Key Points of this Report:

  • The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

  • The report covers Europe and country-wise market of Geothermal Heating and Cooling Systems

  • It describes present situation, historical background and future forecast

  • Comprehensive data showing Geothermal Heating and Cooling Systems capacities, production, consumption, trade statistics, and prices in the recent years are provided

  • The report indicates a wealth of information on Geothermal Heating and Cooling Systems manufacturers

  • Geothermal Heating and Cooling Systems forecast for next five years, including market volumes and prices is also provided

  • Raw Material Supply and Downstream Consumer Information is also included

  • Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

  • Analyzing the outlook of the market with the recent trends and SWOT analysis

  • Market dynamics scenario, along with growth opportunities of the market in the years to come

  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

  • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

  • Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

  • Distribution Channel sales Analysis by Value

  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

  • 1-year analyst support, along with the data support in excel format.

Report Attributes Report Details
Report Title Europe Geothermal Heating and Cooling Systems Market, Global Outlook and Forecast 2025-2032
Market size in 2024 US$ 11.97 billion
Forecast Market size by 2030 US$ 16.6 billion
Growth Rate CAGR of 5.6%
Historical Year 2018 to 2022 (Data from 2010 can be provided as per availability)
Base Year 2024
Forecast Year 2032
Number of Pages 205 Pages
Customization Available Yes, the report can be customized as per your need.

TABLE OF CONTENTS

1 Market Overview    



1.1 Product Overview and Scope of Geothermal Heating and Cooling Systems 



1.2 Segment by Type    



1.2.1 Europe Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030    

1.2.2 Vertical Coil Installation    

1.2.3 Horizontal Coil Installation

1.2.4 Pond Systems Installation


1.3 Segment by Application  



1.3.1 Europe Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030    

1.3.2    Residential

1.3.3    Commercial

1.3.4    Industrial

1.4 Europe Market Growth Prospects    

1.4.1 Europe Revenue Estimates and Forecasts (2019-2030)    

1.4.2 Europe Production Estimates and Forecasts (2019-2030)  



2 Europe Growth Trends    



2.1 Industry Trends    

2.1.1 SWOT Analysis    

2.1.2 PESTEL Analysis    

2.1.3 Porter’s Five Forces Analysis    

2.2 Potential Market and Growth Potential Analysis    



3 Market Competition by Manufacturers  



3.1 Europe Production by Manufacturers (2019-2023)    

3.2 Europe Revenue Market Share by Manufacturers (2019-2023)    

3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)    

3.4 Europe Average Price by Manufacturers (2019-2023)    

3.5 Manufacturers Production Sites, Area Served, Product Type    

3.6 Market Competitive Situation and Trends    

3.6.1 Market Concentration Rate    

3.6.2 Europe 5 and 10 Largest Players Market Share by Revenue    

3.6.3 Mergers & Acquisitions, Expansion  



4 Production by Region



4.1 Europe Production    

4.1.1 Europe Production YoY Growth Rate (2019-2023)    

4.1.2 Europe Production, Revenue, Price and Gross Margin (2019-2025)  



5 Consumption by Region  



5.1 Europe    

5.1.1 Europe Consumption by Country    

5.1.2 Europe Sales, Consumption, Export, Import (2019-2023)    

5.1.1 Germany    

5.2.2 United Kingdom

5.3.3 France

5.4.4 Italy

5.5.5 Spain

5.6.6 Netherlands

5.7.7 Belgium


6 Segment by Type   



6.1 Europe Production Market Share by Type (2019-2025)    

6.2 Europe Revenue Market Share by Type (2019-2025)    

6.3 Europe Price by Type (2019-2025) 



7 Segment by Application  



7.1 Europe Production Market Share by Application (2019-2025)    

7.2 Europe Revenue Market Share by Application (2019-2025)    

7.3 Europe Price by Application (2019-2025)  



8 Key Companies Profiled    



8.1 Ormat Technologies    

8.1.1 Ormat Technologies Corporation Information    

8.1.2 Ormat Technologies Product Portfolio    

8.1.3 Ormat Technologies Production Capacity, Revenue, Price and Gross Margin (2019-2025)    

8.1.4 Ormat Technologies Main Business and Markets Served    

8.1.5 Ormat Technologies Recent Developments/Updates    

8.2 Enel Green Power    

8.2.1 Enel Green Power Corporation Information    

8.2.2 Enel Green Power Product Portfolio    

8.2.3 Enel Green Power Production Capacity, Revenue, Price and Gross Margin (2019-2025)    

8.2.4 Enel Green Power Main Business and Markets Served    

8.2.5 Enel Green Power Recent Developments/Updates    

8.3 ENGIE    

8.3.1 ENGIE Corporation Information    

8.3.2 ENGIE Product Portfolio    

8.3.3 ENGIE Production Capacity, Revenue, Price and Gross Margin (2019-2025)    

8.3.4 ENGIE Main Business and Markets Served    

8.3.5 ENGIE Recent Developments/Updates    

8.4 Mannvit Engineering    

8.4.1 Mannvit Engineering Corporation Information    

8.4.2 Mannvit Engineering Product Portfolio    

8.4.3 Mannvit Engineering Production Capacity, Revenue, Price and Gross Margin (2019-2025)    

8.4.4 Mannvit Engineering Main Business and Markets Served    

8.4.5 Mannvit Engineering Recent Developments/Updates    

8.5 Star Energy    

8.5.1 Star Energy Corporation Information    

8.5.2 Star Energy Product Portfolio    

8.5.3 Star Energy Production Capacity, Revenue, Price and Gross Margin (2019-2025)    

8.5.4 Star Energy Main Business and Markets Served    

8.5.5 Star Energy Recent Developments/Updates    

8.6 RWE    

8.6.1 RWE Corporation Information    

8.6.2 RWE Product Portfolio    

8.6.3 RWE Production Capacity, Revenue, Price and Gross Margin (2019-2025)    

8.6.4 RWE Main Business and Markets Served    

8.6.5 RWE Recent Developments/Updates    

8.7 Climeon    

8.7.1 Climeon Corporation Information    

8.7.2 Climeon Production Capacity, Revenue, Price and Gross Margin (2019-2025)    

8.7.3 Climeon Main Business and Markets Served    

8.7.4 Climeon Recent Developments/Updates    

8.8 Exergy International S.r.l.    

8.8.1 Exergy International S.r.l. Corporation Information    

8.8.2 Exergy International S.r.l. Product Portfolio    

8.8.3 Exergy International S.r.l. Production Capacity, Revenue, Price and Gross Margin (2019-2025)    

8.8.4 Exergy International S.r.l. Main Business and Markets Served    

8.8.5 Exergy International S.r.l. Recent Developments/Updates    

8.9 Bestec GmbH    

8.9.1 Bestec GmbH Corporation Information    

8.9.2 Bestec GmbH Product Portfolio    

8.9.3 Bestec GmbH Production Capacity, Revenue, Price and Gross Margin (2019-2025)    

8.9.4 Bestec GmbH Main Business and Markets Served    

8.9.5 Bestec GmbH Recent Developments/Updates    

8.10 Green Energy Geothermal    

8.10.1 Green Energy Geothermal Corporation Information    

8.10.2 Green Energy Geothermal Product Portfolio    

8.10.3 Green Energy Geothermal Production Capacity, Revenue, Price and Gross Margin (2019-2025)    

8.10.4 Green Energy Geothermal Main Business and Markets Served    

8.10.5 Green Energy Geothermal Recent Developments/Updates    


9 Manufacturing Cost Analysis    



9.1 Key Raw Materials Analysis    

9.1.1 Key Raw Materials    

9.1.2 Key Suppliers of Raw Materials    

9.2 Proportion of Manufacturing Cost Structure    

9.3 Manufacturing Process Analysis of Geothermal Heating and Cooling Systems    

9.4 Industrial Chain Analysis    



10 Marketing Channel, Distributors and Customers  



 10.1 Marketing Channel    

10.2 Distributors List    

10.3 Customers    



11 Market Dynamics



11.1 Industry Trends    

11.2 Market Drivers    

11.3 Market Challenges    

11.4 Market Restraints    



12 Production and Supply Forecast



12.1 Europe Production, Revenue Forecast (2025-2030)    



13 Consumption and Demand Forecast  



 13.1 Europe Forecasted Consumption of by Country    



14 Forecast by Type and by Application  



14.1 Europe Production, Revenue and Price Forecast by Type (2025-2030)    

14.1.1 Europe Forecasted Production of by Type (2025-2030)    

14.1.2 Europe Forecasted Revenue of by Type (2025-2030)    

14.1.3 Europe Forecasted Price of by Type (2025-2030)    

14.2 Europe Production, Revenue and Price Forecast by Application (2025-2030)    

14.2.1 Europe Forecasted Production of by Application (2025-2030)    

14.2.2 Europe Forecasted Revenue of by Application (2025-2030)    

14.2.3 Europe Forecasted Price of by Application (2025-2030)  



15 Research Findings and Conclusion   



16 Methodology and Data Source    



16.1 Methodology/Research Approach    

16.1.1 Research Programs/Design    

16.1.2 Market Size Estimation    

16.1.3 Market Breakdown and Data Triangulation    

16.2 Data Source    

16.2.1 Secondary Sources    

16.2.2 Primary Sources    

16.3 Author List    

16.4 Disclaimer    



17 Appendix    



17.1 Note    

17.2 Examples of Clients    

LIST OF TABLES & FIGURES



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