Growth of Geothermal Heat Pumps Market 2014 - 2020

Transparency Market

Research

Geothermal Heat Pumps Market - Global Industry Analysis,

Size, Share, Growth, Trends, and Forecast 2014 - 2020

Published Date

29-Jan-2015

155 Page Report

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Press Release

Global Geothermal Heat Pump Installed Capacity and Market

Revenue is Anticipated to reach 119,303.66 MWt and USD 130.50

billion, respectively, by 2020

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Geothermal Heat Pumps Market

REPORT DESCRIPTION

Geothermal Heat Pumps Market - Global Industry Analysis, Size, Share, Growth, Trends, and

Forecast 2014 - 2020

Transparency Market Research has released a new market report titled Geothermal Heat Pumps Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 - 2020. According to this report,

the global installed capacity for geothermal heat pumps stood at 52,638.18 MWt in 2013 and is expected

to reach 119,303.66 MWt by 2020, at a CAGR of 12.8% from 2014 to 2020. In terms of revenue, the global

geothermal heat pumps market was valued at USD 55.30 billion in 2013 and is anticipated to reach USD

130.50 billion by 2020, at a CAGR of 13.1% from 2014 to 2020.

Browse Geothermal Heat Pumps Market Report with Full TOC at

http://www.transparencymarketresearch.com/geothermal-heat-pumps-market.html

Geothermal heat pump is a renewable heating technology which utilizes the earth as both a heat source

and heat sink. Geothermal heat pumps have proved to be highly capable of substituting conventional

heating, ventilating, and air conditioning (HVAC) systems globally. These heat pumps are a method of

directly utilizing geothermal energy for heating a building. Apart from heating, these systems can be

customized to provide cooling as well as hot water when required. Geothermal heat pumps are a widely

accepted technology in...