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Ground Source Heat Pump

Ground-source heat pumps transfer heat between a building and a ground or water source through a refrigerant system.

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Product & engineering

Understand the product.

Source-loop geometry, ground conditions and circulation influence available heat transfer. The heat pump and external loop have different design responsibilities.

Heating and cooling loads change the source's thermal balance. A unit rating does not establish the performance of the installed ground loop.

What turns activity into demand

Ground-source heat pumps connect building loads to a ground or water heat exchanger, with the source loop shaping long-term performance.

The commercial boundary

Separate heat-pump units from drilling, source loops and complete building installations.

Technical reading

Selected research

Industry Growth & Trends

Global Ground Source Heat Pump Industry Growth and Trends Forecast to 2032

3 July 2026116 pages

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Industry ResearchGround Source Heat Pump Industry Research Report 2026132 pages · $2,950 USDIndustry Growth & TrendsGlobal Ground Source Heat Pump Industry Growth and Trends Forecast to 2032116 pages · $3,450 USDMarket StructureGlobal Ground Source Heat Pump Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032195 pages · $3,950 USDMarket Outlook & Growth OpportunitiesGlobal Ground Source Heat Pump Market Outlook and Growth Opportunities 2026199 pages · $4,250 USDMarket Analysis & ForecastGlobal Ground Source Heat Pump Market Analysis and Forecast 2026-2032215 pages · $4,950 USD

Market perspective

The global Ground Source Heat Pump market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.

The North America market for Ground Source Heat Pump is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.

The Europe market for Ground Source Heat Pump is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.

Read the full market overview

The Asia Pacific market for Ground Source Heat Pump is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

Leading global manufacturers of Ground Source Heat Pump include Bosch, Carrier, Climatemaster, NEURA, OCHSNER Warmepumpen, Spectrum Manufacturing, Dimplex, EarthLinked Technologies and Enertech Global, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.

Report Scope

This report provides a structured, data-driven view of the global Ground Source Heat Pump market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The Ground Source Heat Pump market size, estimates, and forecasts are presented in terms of sales volume (k units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Ground Source Heat Pump market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Ground Source Heat Pump.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global Ground Source Heat Pump market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

Ground Source Heat Pump Market by Company

Bosch

Carrier

Climatemaster

NEURA

OCHSNER Warmepumpen

Spectrum Manufacturing

Dimplex

EarthLinked Technologies

Enertech Global

Finn Geotherm

Kensa Heat Pumps

WaterFurnace Renewable Energy

Danfoss Group

Trane

Bryant Heating and Cooling Systems

Ground Source Heat Pump Segment by Type

Direct Exchange (DX)

Closed Loop

Open Loop

Ground Source Heat Pump Segment by Application

Household

Commercial

Industrial

Other

Ground Source Heat Pump Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Ground Source Heat Pump market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Ground Source Heat Pump and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Ground Source Heat Pump.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Ground Source Heat Pump manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Ground Source Heat Pump in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Major Company of Direct Exchange (DX) Table 2. Major Company of Closed Loop Table 3. Major Company of Open Loop Table 4. Global Ground Source Heat Pump Sales by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 5. Global Ground Source Heat Pump Sales by Type (2021-2026) & (k units) Table 6. Global Ground Source Heat Pump Sales Market Share in Volume by Type (2021-2026) Table 7. Global Ground Source Heat Pump Sales by Type (2021-2026) & (US$ Million) Table 8. Global Ground Source Heat Pump Sales Market Share in Value by Type (2021-2026) Table 9. Global Ground Source Heat Pump Price by Type (2021-2026) & (USD/unit) Table 10. Global Ground Source Heat Pump Sales by Type (2027-2032) & (k units) Table 11. Global Ground Source Heat Pump Sales Market Share in Volume by Type (2027-2032) Table 12. Global Ground Source Heat Pump Sales by Type (2027-2032) & (US$ Million) Table 13. Global Ground Source Heat Pump Sales Market Share in Value by Type (2027-2032) Table 14. Global Ground Source Heat Pump Price by Type (2027-2032) & (USD/unit) Table 15. North America Ground Source Heat Pump Sales by Type (2021-2026) & (k units) Table 16. North America Ground Source Heat Pump Sales by Type (2021-2026) & (US$ Million) Table 17. Europe Ground Source Heat Pump Sales by Type (2021-2026) & (k units) Table 18. Europe Ground Source Heat Pump Sales by Type (2021-2026) & (US$ Million) Table 19. Asia-Pacific Ground Source Heat Pump Sales by Type (2021-2026) & (k units) Table 20. Asia-Pacific Ground Source Heat Pump Sales by Type (2021-2026) & (US$ Million) Table 21. Latin America Ground Source Heat Pump Sales by Type (2021-2026) & (k units) Table 22. Latin America Ground Source Heat Pump Sales by Type (2021-2026) & (US$ Million) Table 23. Middle East and Africa Ground Source Heat Pump Sales by Type (2021-2026) & (k units) Table 24. Middle East and Africa Ground Source Heat Pump Sales by Type (2021-2026) & (US$ Million) Table 25. Ground Source Heat Pump Industry Trends Table 26. Ground Source Heat Pump Industry Drivers Table 27. Ground Source Heat Pump Industry Opportunities and Challenges Table 28. Ground Source Heat Pump Industry Restraints Table 29. Global Ground Source Heat Pump Sales Revenue by Company (US$ Million) & (2021-2026) Table 30. Global Ground Source Heat Pump Revenue Market Share by Company (2021-2026) Table 31. Global Ground Source Heat Pump Sales by Company (2021-2026) & (k units) Table 32. Global Ground Source Heat Pump Sales Share by Company (2021-2026) Table 33. Global Ground Source Heat Pump Market Price by Company (2021-2026) & (USD/unit) Table 34. Global Ground Source Heat Pump Industry Company Ranking, 2024 VS 2025 VS 2026 Table 35. Global Ground Source Heat Pump Major Company Production Sites and Headquarters Table 36. Global Ground Source Heat Pump Company, Product Type & Application Table 37. Global Ground Source Heat Pump Company Establishment Date Table 38. Global Company Market Concentration Ratio (CR5 and HHI) Table 39. Global Ground Source Heat Pump by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 40. Global Ground Source Heat Pump Market Size Comparison by Region (US$ Million): 2021 VS 2025 VS 2032 Table 41. Global Ground Source Heat Pump Sales by Region (2021-2026) & (k units) Table 42. Global Ground Source Heat Pump Sales Market Share in Volume by Region (2021-2026) Table 43. Global Ground Source Heat Pump Sales by Region (2021-2026) & (US$ Million) Table 44. Global Ground Source Heat Pump Sales Market Share in Value by Region (2021-2026) Table 45. Global Ground Source Heat Pump Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 46. Global Ground Source Heat Pump Sales by Region (2027-2032) & (k units) Table 47. Global Ground Source Heat Pump Sales Market Share in Volume by Region (2027-2032) Table 48. Global Ground Source Heat Pump Sales by Region (2027-2032) & (US$ Million) Table 49. Global Ground Source Heat Pump Sales Market Share in Value by Region (2027-2032) Table 50. Global Ground Source Heat Pump Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2027-2032) Table 51. Global Ground Source Heat Pump Sales by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 52. Global Ground Source Heat Pump Sales by Application (2021-2026) & (k units) Table 53. Global Ground Source Heat Pump Sales Market Share in Volume by Application (2021-2026) Table 54. Global Ground Source Heat Pump Sales by Application (2021-2026) & (US$ Million) Table 55. Global Ground Source Heat Pump Sales Market Share in Value by Application (2021-2026) Table 56. Global Ground Source Heat Pump Price by Application (2021-2026) & (USD/unit) Table 57. Global Ground Source Heat Pump Sales by Application (2027-2032) & (k units) Table 58. Global Ground Source Heat Pump Sales Market Share in Volume by Application (2027-2032) Table 59. Global Ground Source Heat Pump Sales by Application (2027-2032) & (US$ Million) Table 60. Global Ground Source Heat Pump Sales Market Share in Value by Application (2027-2032) Table 61. Global Ground Source Heat Pump Price by Application (2027-2032) & (USD/unit) Table 62. North America Ground Source Heat Pump Sales by Application (2021-2026) & (k units) Table 63. North America Ground Source Heat Pump Sales by Application (2021-2026) & (US$ Million) Table 64. Europe Ground Source Heat Pump Sales by Application (2021-2026) & (k units) Table 65. Europe Ground Source Heat Pump Sales by Application (2021-2026) & (US$ Million) Table 66. Asia-Pacific Ground Source Heat Pump Sales by Application (2021-2026) & (k units) Table 67. Asia-Pacific Ground Source Heat Pump Sales by Application (2021-2026) & (US$ Million) Table 68. Latin America Ground Source Heat Pump Sales by Application (2021-2026) & (k units) Table 69. Latin America Ground Source Heat Pump Sales by Application (2021-2026) & (US$ Million) Table 70. Middle East and Africa Ground Source Heat Pump Sales by Application (2021-2026) & (k units) Table 71. Middle East and Africa Ground Source Heat Pump Sales by Application (2021-2026) & (US$ Million) Table 72. Bosch Company Information Table 73. Bosch Business Overview Table 74. Bosch Ground Source Heat Pump Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 75. Bosch Ground Source Heat Pump Product Portfolio Table 76. Bosch Recent Development Table 77. Carrier Company Information Table 78. Carrier Business Overview Table 79. Carrier Ground Source Heat Pump Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 80. Carrier Ground Source Heat Pump Product Portfolio Table 81. Carrier Recent Development Table 82. Climatemaster Company Information Table 83. Climatemaster Business Overview Table 84. Climatemaster Ground Source Heat Pump Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 85. Climatemaster Ground Source Heat Pump Product Portfolio Table 86. Climatemaster Recent Development Table 87. NEURA Company Information Table 88. NEURA Business Overview Table 89. NEURA Ground Source Heat Pump Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 90. NEURA Ground Source Heat Pump Product Portfolio Table 91. NEURA Recent Development Table 92. OCHSNER Warmepumpen Company Information Table 93. OCHSNER Warmepumpen Business Overview Table 94. OCHSNER Warmepumpen Ground Source Heat Pump Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 95. OCHSNER Warmepumpen Ground Source Heat Pump Product Portfolio Table 96. OCHSNER Warmepumpen Recent Development Table 97. Spectrum Manufacturing Company Information Table 98. Spectrum Manufacturing Business Overview Table 99. Spectrum Manufacturing Ground Source Heat Pump Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 100. Spectrum Manufacturing Ground Source Heat Pump Product Portfolio Table 101. Spectrum Manufacturing Recent Development Table 102. Dimplex Company Information Table 103. Dimplex Business Overview Table 104. Dimplex Ground Source Heat Pump Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 105. Dimplex Ground Source Heat Pump Product Portfolio Table 106. Dimplex Recent Development Table 107. EarthLinked Technologies Company Information Table 108. EarthLinked Technologies Business Overview Table 109. EarthLinked Technologies Ground Source Heat Pump Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 110. EarthLinked Technologies Ground Source Heat Pump Product Portfolio Table 111. EarthLinked Technologies Recent Development Table 112. Enertech Global Company Information Table 113. Enertech Global Business Overview Table 114. Enertech Global Ground Source Heat Pump Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 115. Enertech Global Ground Source Heat Pump Product Portfolio Table 116. Enertech Global Recent Development Table 117. Finn Geotherm Company Information Table 118. Finn Geotherm Business Overview Table 119. Finn Geotherm Ground Source Heat Pump Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 120. Finn Geotherm Ground Source Heat Pump Product Portfolio Table 121. Finn Geotherm Recent Development Table 122. Kensa Heat Pumps Company Information Table 123. Kensa Heat Pumps Business Overview Table 124. Kensa Heat Pumps Ground Source Heat Pump Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 125. Kensa Heat Pumps Ground Source Heat Pump Product Portfolio Table 126. Kensa Heat Pumps Recent Development Table 127. WaterFurnace Renewable Energy Company Information Table 128. WaterFurnace Renewable Energy Business Overview Table 129. WaterFurnace Renewable Energy Ground Source Heat Pump Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 130. WaterFurnace Renewable Energy Ground Source Heat Pump Product Portfolio Table 131. WaterFurnace Renewable Energy Recent Development Table 132. Danfoss Group Company Information Table 133. Danfoss Group Business Overview Table 134. Danfoss Group Ground Source Heat Pump Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 135. Danfoss Group Ground Source Heat Pump Product Portfolio Table 136. Danfoss Group Recent Development Table 137. Trane Company Information Table 138. Trane Business Overview Table 139. Trane Ground Source Heat Pump Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 140. Trane Ground Source Heat Pump Product Portfolio Table 141. Trane Recent Development Table 142. Bryant Heating and Cooling Systems Company Information Table 143. Bryant Heating and Cooling Systems Business Overview Table 144. Bryant Heating and Cooling Systems Ground Source Heat Pump Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 145. Bryant Heating and Cooling Systems Ground Source Heat Pump Product Portfolio Table 146. Bryant Heating and Cooling Systems Recent Development Table 147. North America Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 148. North America Ground Source Heat Pump Sales by Country (2021-2026) & (k units) Table 149. North America Ground Source Heat Pump Sales Market Share by Country (2021-2026) Table 150. North America Ground Source Heat Pump Sales Forecast by Country (2027-2032) & (k units) Table 151. North America Ground Source Heat Pump Sales Market Share Forecast by Country (2027-2032) Table 152. North America Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 153. North America Ground Source Heat Pump Market Size by Country (2021-2026) & (US$ Million) Table 154. North America Ground Source Heat Pump Market Share by Country (2021-2026) Table 155. North America Ground Source Heat Pump Market Size Forecast by Country (2027-2032) & (US$ Million) Table 156. North America Ground Source Heat Pump Market Share Forecast by Country (2027-2032) Table 157. Europe Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 158. Europe Ground Source Heat Pump Sales by Country (2021-2026) & (k units) Table 159. Europe Ground Source Heat Pump Sales Market Share by Country (2021-2026) Table 160. Europe Ground Source Heat Pump Sales Forecast by Country (2027-2032) & (k units) Table 161. Europe Ground Source Heat Pump Sales Market Share Forecast by Country (2027-2032) Table 162. Europe Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 163. Europe Ground Source Heat Pump Market Size by Country (2021-2026) & (US$ Million) Table 164. Europe Ground Source Heat Pump Market Share by Country (2021-2026) Table 165. Europe Ground Source Heat Pump Market Size Forecast by Country (2027-2032) & (US$ Million) Table 166. Europe Ground Source Heat Pump Market Share Forecast by Country (2027-2032) Table 167. Asia-Pacific Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 168. Asia-Pacific Ground Source Heat Pump Sales by Country (2021-2026) & (k units) Table 169. Asia-Pacific Ground Source Heat Pump Sales Market Share by Country (2021-2026) Table 170. Asia-Pacific Ground Source Heat Pump Sales Forecast by Country (2027-2032) & (k units) Table 171. Asia-Pacific Ground Source Heat Pump Sales Market Share Forecast by Country (2027-2032) Table 172. Asia-Pacific Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 173. Asia-Pacific Ground Source Heat Pump Market Size by Country (2021-2026) & (US$ Million) Table 174. Asia-Pacific Ground Source Heat Pump Market Share by Country (2021-2026) Table 175. Asia-Pacific Ground Source Heat Pump Market Size Forecast by Country (2027-2032) & (US$ Million) Table 176. Asia-Pacific Ground Source Heat Pump Market Share Forecast by Country (2027-2032) Table 177. Latin America Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 178. Latin America Ground Source Heat Pump Sales by Country (2021-2026) & (k units) Table 179. Latin America Ground Source Heat Pump Sales Market Share by Country (2021-2026) Table 180. Latin America Ground Source Heat Pump Sales Forecast by Country (2027-2032) & (k units) Table 181. Latin America Ground Source Heat Pump Sales Market Share Forecast by Country (2027-2032) Table 182. Latin America Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 183. Latin America Ground Source Heat Pump Market Size by Country (2021-2026) & (US$ Million) Table 184. Latin America Ground Source Heat Pump Market Share by Country (2021-2026) Table 185. Latin America Ground Source Heat Pump Market Size Forecast by Country (2027-2032) & (US$ Million) Table 186. Latin America Ground Source Heat Pump Market Share Forecast by Country (2027-2032) Table 187. Middle East and Africa Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 188. Middle East and Africa Ground Source Heat Pump Sales by Country (2021-2026) & (k units) Table 189. Middle East and Africa Ground Source Heat Pump Sales Market Share by Country (2021-2026) Table 190. Middle East and Africa Ground Source Heat Pump Sales Forecast by Country (2027-2032) & (k units) Table 191. Middle East and Africa Ground Source Heat Pump Sales Market Share Forecast by Country (2027-2032) Table 192. Middle East and Africa Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 193. Middle East and Africa Ground Source Heat Pump Market Size by Country (2021-2026) & (US$ Million) Table 194. Middle East and Africa Ground Source Heat Pump Market Share by Country (2021-2026) Table 195. Middle East and Africa Ground Source Heat Pump Market Size Forecast by Country (2027-2032) & (US$ Million) Table 196. Middle East and Africa Ground Source Heat Pump Market Share Forecast by Country (2027-2032) Table 197. Key Raw Materials Table 198. Raw Materials Key Suppliers Table 199. Ground Source Heat Pump Distributors List Table 200. Ground Source Heat Pump Customers List Table 201. Research Programs/Design for This Report Table 202. Authors List of This Report Table 203. Secondary Sources Table 204. Primary Sources List of Figures Figure 1. Ground Source Heat Pump Image Figure 2. Global Ground Source Heat Pump Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Ground Source Heat Pump Market Size (2021-2032) & (US$ Million) Figure 4. Global Ground Source Heat Pump Sales (2021-2032) & (k units) Figure 5. Direct Exchange (DX) Image Figure 6. Global Direct Exchange (DX) Sales YoY Growth (2021-2032) & (k units) Figure 7. Closed Loop Image Figure 8. Global Closed Loop Sales YoY Growth (2021-2032) & (k units) Figure 9. Open Loop Image Figure 10. Global Open Loop Sales YoY Growth (2021-2032) & (k units) Figure 11. Global Ground Source Heat Pump Market Size Overview by Type (2021-2032) & (US$ Million) Figure 12. Global Ground Source Heat Pump Market Share by Type 2025 VS 2032 Figure 13. North America Ground Source Heat Pump Sales Market Share in Volume by Type in 2025 Figure 14. North America Ground Source Heat Pump Sales Market Share in Value by Type in 2025 Figure 15. Europe Ground Source Heat Pump Sales Market Share in Volume by Type in 2025 Figure 16. Europe Ground Source Heat Pump Sales Market Share in Value by Type in 2025 Figure 17. Asia-Pacific Ground Source Heat Pump Sales Market Share in Volume by Type in 2025 Figure 18. Asia-Pacific Ground Source Heat Pump Sales Market Share in Value by Type in 2025 Figure 19. Latin America Ground Source Heat Pump Sales Market Share in Volume by Type in 2025 Figure 20. Latin America Ground Source Heat Pump Sales Market Share in Value by Type in 2025 Figure 21. Middle East and Africa Ground Source Heat Pump Sales Market Share in Volume by Type in 2025 Figure 22. Middle East and Africa Ground Source Heat Pump Sales Market Share in Value by Type in 2025 Figure 23. Global Top 5 and 10 Ground Source Heat Pump Players Market Share by Revenue in 2025 Figure 24. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 25. Household Image Figure 26. Global Household Sales YoY Growth (2021-2032) & (k units) Figure 27. Commercial Image Figure 28. Global Commercial Sales YoY Growth (2021-2032) & (k units) Figure 29. Industrial Image Figure 30. Global Industrial Sales YoY Growth (2021-2032) & (k units) Figure 31. Other Image Figure 32. Global Other Sales YoY Growth (2021-2032) & (k units) Figure 33. Global Ground Source Heat Pump Market Size Overview by Application (2021-2032) & (US$ Million) Figure 34. Global Ground Source Heat Pump Market Share by Application 2025 VS 2032 Figure 35. North America Ground Source Heat Pump Sales Market Share in Volume by Application in 2025 Figure 36. North America Ground Source Heat Pump Sales Market Share in Value by Application in 2025 Figure 37. Europe Ground Source Heat Pump Sales Market Share in Volume by Application in 2025 Figure 38. Europe Ground Source Heat Pump Sales Market Share in Value by Application in 2025 Figure 39. Asia-Pacific Ground Source Heat Pump Sales Market Share in Volume by Application in 2025 Figure 40. Asia-Pacific Ground Source Heat Pump Sales Market Share in Value by Application in 2025 Figure 41. Latin America Ground Source Heat Pump Sales Market Share in Volume by Application in 2025 Figure 42. Latin America Ground Source Heat Pump Sales Market Share in Value by Application in 2025 Figure 43. Middle East and Africa Ground Source Heat Pump Sales Market Share in Volume by Application in 2025 Figure 44. Middle East and Africa Ground Source Heat Pump Sales Market Share in Value by Application in 2025 Figure 45. North America Ground Source Heat Pump Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 46. North America Ground Source Heat Pump Sales Share by Country: 2021 VS 2025 VS 2032 Figure 47. North America Ground Source Heat Pump Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 48. North America Ground Source Heat Pump Market Share by Country: 2021 VS 2025 VS 2032 Figure 49. Europe Ground Source Heat Pump Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 50. Europe Ground Source Heat Pump Sales Share by Country: 2021 VS 2025 VS 2032 Figure 51. Europe Ground Source Heat Pump Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 52. Europe Ground Source Heat Pump Market Share by Country: 2021 VS 2025 VS 2032 Figure 53. Asia-Pacific Ground Source Heat Pump Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 54. Asia-Pacific Ground Source Heat Pump Sales Share by Country: 2021 VS 2025 VS 2032 Figure 55. Asia-Pacific Ground Source Heat Pump Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 56. Asia-Pacific Ground Source Heat Pump Market Share by Country: 2021 VS 2025 VS 2032 Figure 57. Latin America Ground Source Heat Pump Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 58. Latin America Ground Source Heat Pump Sales Share by Country: 2021 VS 2025 VS 2032 Figure 59. Latin America Ground Source Heat Pump Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 60. Latin America Ground Source Heat Pump Market Share by Country: 2021 VS 2025 VS 2032 Figure 61. Middle East and Africa Ground Source Heat Pump Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 62. Middle East and Africa Ground Source Heat Pump Sales Share by Country: 2021 VS 2025 VS 2032 Figure 63. Middle East and Africa Ground Source Heat Pump Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 64. Middle East and Africa Ground Source Heat Pump Market Share by Country: 2021 VS 2025 VS 2032 Figure 65. Ground Source Heat Pump Value Chain Figure 66. Key Raw Materials Price Figure 67. Manufacturing Cost Structure Figure 68. Ground Source Heat Pump Production Mode & Process Figure 69. Direct Comparison with Distribution Share Figure 70. Distributors Profiles Figure 71. Years Considered Figure 72. Research Process Figure 73. Key Executives Interviewed

Scope & coverage.

Types
  • Direct Exchange (DX)
  • Closed Loop
  • Open Loop
Applications
  • Household
  • Commercial
  • Industrial
  • Other
Companies covered
  • Bosch
  • Carrier
  • Climatemaster
  • NEURA
  • OCHSNER Warmepumpen
  • Spectrum Manufacturing
  • Dimplex
  • EarthLinked Technologies
  • Enertech Global
  • Finn Geotherm
  • Kensa Heat Pumps
  • WaterFurnace Renewable Energy
  • Danfoss Group
  • Trane
  • Bryant Heating and Cooling Systems

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global Ground Source Heat Pump Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global Ground Source Heat Pump Sales Estimates and Forecasts (2021-2032)
  5. 1.3 Ground Source Heat Pump Market by Type
  6. 1.3.1 Direct Exchange (DX)
  7. 1.3.2 Closed Loop
  8. 1.3.3 Open Loop
  9. 1.4 Global Ground Source Heat Pump Market Size by Type
  10. 1.4.1 Global Ground Source Heat Pump Market Size Overview by Type (2021-2032)
  11. 1.4.2 Global Ground Source Heat Pump Historic Market Size Review by Type (2021-2026)
  12. 1.4.3 Global Ground Source Heat Pump Forecasted Market Size by Type (2027-2032)
  13. 1.5 Key Regions Market Size by Type
  14. 1.5.1 North America Ground Source Heat Pump Sales Breakdown by Type (2021-2026)
  15. 1.5.2 Europe Ground Source Heat Pump Sales Breakdown by Type (2021-2026)
  16. 1.5.3 Asia-Pacific Ground Source Heat Pump Sales Breakdown by Type (2021-2026)
  17. 1.5.4 South America Ground Source Heat Pump Sales Breakdown by Type (2021-2026)
  18. 1.5.5 Middle East and Africa Ground Source Heat Pump Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 Ground Source Heat Pump Industry Trends
  2. 2.2 Ground Source Heat Pump Industry Drivers
  3. 2.3 Ground Source Heat Pump Industry Opportunities and Challenges
  4. 2.4 Ground Source Heat Pump Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by Ground Source Heat Pump Revenue (2021-2026)
  2. 3.2 Global Top Players by Ground Source Heat Pump Sales (2021-2026)
  3. 3.3 Global Top Players by Ground Source Heat Pump Price (2021-2026)
  4. 3.4 Global Ground Source Heat Pump Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Ground Source Heat Pump Major Company Production Sites & Headquarters
  6. 3.6 Global Ground Source Heat Pump Company, Product Type & Application
  7. 3.7 Global Ground Source Heat Pump Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global Ground Source Heat Pump Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 Ground Source Heat Pump Players Market Share by Revenue in 2025
  11. 3.8.3 2025 Ground Source Heat Pump Tier 1, Tier 2, and Tier 3
4 Ground Source Heat Pump Regional Status and Outlook
  1. 4.1 Global Ground Source Heat Pump Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global Ground Source Heat Pump Historic Market Size by Region
  3. 4.2.1 Global Ground Source Heat Pump Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global Ground Source Heat Pump Sales in Value by Region (2021-2026)
  5. 4.2.3 Global Ground Source Heat Pump Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global Ground Source Heat Pump Forecasted Market Size by Region
  7. 4.3.1 Global Ground Source Heat Pump Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global Ground Source Heat Pump Sales in Value by Region (2027-2032)
  9. 4.3.3 Global Ground Source Heat Pump Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Ground Source Heat Pump by Application
  1. 5.1 Ground Source Heat Pump Market by Application
  2. 5.1.1 Household
  3. 5.1.2 Commercial
  4. 5.1.3 Industrial
  5. 5.1.4 Other
  6. 5.2 Global Ground Source Heat Pump Market Size by Application
  7. 5.2.1 Global Ground Source Heat Pump Market Size Overview by Application (2021-2032)
  8. 5.2.2 Global Ground Source Heat Pump Historic Market Size Review by Application (2021-2026)
  9. 5.2.3 Global Ground Source Heat Pump Forecasted Market Size by Application (2027-2032)
  10. 5.3 Key Regions Market Size by Application
  11. 5.3.1 North America Ground Source Heat Pump Sales Breakdown by Application (2021-2026)
  12. 5.3.2 Europe Ground Source Heat Pump Sales Breakdown by Application (2021-2026)
  13. 5.3.3 Asia-Pacific Ground Source Heat Pump Sales Breakdown by Application (2021-2026)
  14. 5.3.4 South America Ground Source Heat Pump Sales Breakdown by Application (2021-2026)
  15. 5.3.5 Middle East and Africa Ground Source Heat Pump Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 Bosch
  2. 6.1.1 Bosch Company Information
  3. 6.1.2 Bosch Business Overview
  4. 6.1.3 Bosch Ground Source Heat Pump Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 Bosch Ground Source Heat Pump Product Portfolio
  6. 6.1.5 Bosch Recent Developments
  7. 6.2 Carrier
  8. 6.2.1 Carrier Company Information
  9. 6.2.2 Carrier Business Overview
  10. 6.2.3 Carrier Ground Source Heat Pump Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 Carrier Ground Source Heat Pump Product Portfolio
  12. 6.2.5 Carrier Recent Developments
  13. 6.3 Climatemaster
  14. 6.3.1 Climatemaster Company Information
  15. 6.3.2 Climatemaster Business Overview
  16. 6.3.3 Climatemaster Ground Source Heat Pump Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 Climatemaster Ground Source Heat Pump Product Portfolio
  18. 6.3.5 Climatemaster Recent Developments
  19. 6.4 NEURA
  20. 6.4.1 NEURA Company Information
  21. 6.4.2 NEURA Business Overview
  22. 6.4.3 NEURA Ground Source Heat Pump Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 NEURA Ground Source Heat Pump Product Portfolio
  24. 6.4.5 NEURA Recent Developments
  25. 6.5 OCHSNER Warmepumpen
  26. 6.5.1 OCHSNER Warmepumpen Company Information
  27. 6.5.2 OCHSNER Warmepumpen Business Overview
  28. 6.5.3 OCHSNER Warmepumpen Ground Source Heat Pump Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 OCHSNER Warmepumpen Ground Source Heat Pump Product Portfolio
  30. 6.5.5 OCHSNER Warmepumpen Recent Developments
  31. 6.6 Spectrum Manufacturing
  32. 6.6.1 Spectrum Manufacturing Company Information
  33. 6.6.2 Spectrum Manufacturing Business Overview
  34. 6.6.3 Spectrum Manufacturing Ground Source Heat Pump Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 Spectrum Manufacturing Ground Source Heat Pump Product Portfolio
  36. 6.6.5 Spectrum Manufacturing Recent Developments
  37. 6.7 Dimplex
  38. 6.7.1 Dimplex Company Information
  39. 6.7.2 Dimplex Business Overview
  40. 6.7.3 Dimplex Ground Source Heat Pump Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 Dimplex Ground Source Heat Pump Product Portfolio
  42. 6.7.5 Dimplex Recent Developments
  43. 6.8 EarthLinked Technologies
  44. 6.8.1 EarthLinked Technologies Company Information
  45. 6.8.2 EarthLinked Technologies Business Overview
  46. 6.8.3 EarthLinked Technologies Ground Source Heat Pump Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 EarthLinked Technologies Ground Source Heat Pump Product Portfolio
  48. 6.8.5 EarthLinked Technologies Recent Developments
  49. 6.9 Enertech Global
  50. 6.9.1 Enertech Global Company Information
  51. 6.9.2 Enertech Global Business Overview
  52. 6.9.3 Enertech Global Ground Source Heat Pump Sales, Revenue and Gross Margin (2021-2026)
  53. 6.9.4 Enertech Global Ground Source Heat Pump Product Portfolio
  54. 6.9.5 Enertech Global Recent Developments
  55. 6.10 Finn Geotherm
  56. 6.10.1 Finn Geotherm Company Information
  57. 6.10.2 Finn Geotherm Business Overview
  58. 6.10.3 Finn Geotherm Ground Source Heat Pump Sales, Revenue and Gross Margin (2021-2026)
  59. 6.10.4 Finn Geotherm Ground Source Heat Pump Product Portfolio
  60. 6.10.5 Finn Geotherm Recent Developments
  61. 6.11 Kensa Heat Pumps
  62. 6.11.1 Kensa Heat Pumps Company Information
  63. 6.11.2 Kensa Heat Pumps Business Overview
  64. 6.11.3 Kensa Heat Pumps Ground Source Heat Pump Sales, Revenue and Gross Margin (2021-2026)
  65. 6.11.4 Kensa Heat Pumps Ground Source Heat Pump Product Portfolio
  66. 6.11.5 Kensa Heat Pumps Recent Developments
  67. 6.12 WaterFurnace Renewable Energy
  68. 6.12.1 WaterFurnace Renewable Energy Company Information
  69. 6.12.2 WaterFurnace Renewable Energy Business Overview
  70. 6.12.3 WaterFurnace Renewable Energy Ground Source Heat Pump Sales, Revenue and Gross Margin (2021-2026)
  71. 6.12.4 WaterFurnace Renewable Energy Ground Source Heat Pump Product Portfolio
  72. 6.12.5 WaterFurnace Renewable Energy Recent Developments
  73. 6.13 Danfoss Group
  74. 6.13.1 Danfoss Group Company Information
  75. 6.13.2 Danfoss Group Business Overview
  76. 6.13.3 Danfoss Group Ground Source Heat Pump Sales, Revenue and Gross Margin (2021-2026)
  77. 6.13.4 Danfoss Group Ground Source Heat Pump Product Portfolio
  78. 6.13.5 Danfoss Group Recent Developments
  79. 6.14 Trane
  80. 6.14.1 Trane Company Information
  81. 6.14.2 Trane Business Overview
  82. 6.14.3 Trane Ground Source Heat Pump Sales, Revenue and Gross Margin (2021-2026)
  83. 6.14.4 Trane Ground Source Heat Pump Product Portfolio
  84. 6.14.5 Trane Recent Developments
  85. 6.15 Bryant Heating and Cooling Systems
  86. 6.15.1 Bryant Heating and Cooling Systems Company Information
  87. 6.15.2 Bryant Heating and Cooling Systems Business Overview
  88. 6.15.3 Bryant Heating and Cooling Systems Ground Source Heat Pump Sales, Revenue and Gross Margin (2021-2026)
  89. 6.15.4 Bryant Heating and Cooling Systems Ground Source Heat Pump Product Portfolio
  90. 6.15.5 Bryant Heating and Cooling Systems Recent Developments
7 North America by Country
  1. 7.1 North America Ground Source Heat Pump Sales by Country
  2. 7.1.1 North America Ground Source Heat Pump Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America Ground Source Heat Pump Sales by Country (2021-2026)
  4. 7.1.3 North America Ground Source Heat Pump Sales Forecast by Country (2027-2032)
  5. 7.2 North America Ground Source Heat Pump Market Size by Country
  6. 7.2.1 North America Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America Ground Source Heat Pump Market Size by Country (2021-2026)
  8. 7.2.3 North America Ground Source Heat Pump Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe Ground Source Heat Pump Sales by Country
  2. 8.1.1 Europe Ground Source Heat Pump Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe Ground Source Heat Pump Sales by Country (2021-2026)
  4. 8.1.3 Europe Ground Source Heat Pump Sales Forecast by Country (2027-2032)
  5. 8.2 Europe Ground Source Heat Pump Market Size by Country
  6. 8.2.1 Europe Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe Ground Source Heat Pump Market Size by Country (2021-2026)
  8. 8.2.3 Europe Ground Source Heat Pump Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific Ground Source Heat Pump Sales by Country
  2. 9.1.1 Asia-Pacific Ground Source Heat Pump Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific Ground Source Heat Pump Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific Ground Source Heat Pump Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific Ground Source Heat Pump Market Size by Country
  6. 9.2.1 Asia-Pacific Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific Ground Source Heat Pump Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific Ground Source Heat Pump Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America Ground Source Heat Pump Sales by Country
  2. 10.1.1 South America Ground Source Heat Pump Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America Ground Source Heat Pump Sales by Country (2021-2026)
  4. 10.1.3 South America Ground Source Heat Pump Sales Forecast by Country (2027-2032)
  5. 10.2 South America Ground Source Heat Pump Market Size by Country
  6. 10.2.1 South America Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America Ground Source Heat Pump Market Size by Country (2021-2026)
  8. 10.2.3 South America Ground Source Heat Pump Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa Ground Source Heat Pump Sales by Country
  2. 11.1.1 Middle East and Africa Ground Source Heat Pump Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa Ground Source Heat Pump Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa Ground Source Heat Pump Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa Ground Source Heat Pump Market Size by Country
  6. 11.2.1 Middle East and Africa Ground Source Heat Pump Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa Ground Source Heat Pump Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa Ground Source Heat Pump Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 Ground Source Heat Pump Value Chain Analysis
  2. 12.1.1 Ground Source Heat Pump Key Raw Materials
  3. 12.1.2 Key Raw Materials Price
  4. 12.1.3 Raw Materials Key Suppliers
  5. 12.1.4 Manufacturing Cost Structure
  6. 12.1.5 Ground Source Heat Pump Production Mode & Process
  7. 12.2 Ground Source Heat Pump Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 Ground Source Heat Pump Distributors
  10. 12.2.3 Ground Source Heat Pump Customers
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources
    8. 14.6 Disclaimer

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