Geothermal Heat Pumps Market Size Worth US$ 827.14 Billion with...

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2025-08-25 10:56:06 -

Geothermal Heat Pumps Market Size Worth US$ 827.14 Billion with 13.1% CAGR by 2035

The global geothermal heat pumps market is projected to be valued at USD 241.52 billion in 2025. According to Fact.MR, the market is anticipated to expand at a CAGR of 13.1%, reaching USD 827.14 billion by 2035. In 2024, the industry witnessed notable growth driven by favorable government incentives, rising emphasis on sustainable heating and cooling technologies, and large-scale...

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