Geothermal Heat Pumps Market, By Type (Closed-Loop (Horizontal and Vertical), Open-Loop), By Application (Residential, Commercial, Industrial), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Published In : Jun 2023

Code : CMI5863

Pages :145

Formats :

Excel and PDF

Industry : Energy

Market News

Global Geothermal Heat Pumps Market: Key Developments

In November 2020, Daikin North America LLC, a subsidiary of Daikin Industries, Ltd. acquired Stevens Equipment Supply, a Minnesota based wholesale distributor of HVAC, food services industry equipment, parts and accessories. This acquisition was aimed at enhancing Daikin’s North American position as an indoor comfort solutions provider.

In July 2019, Stiebel Eltron opened a new flagship store Foshan, Guangdong Province, China. This new store will offer products and solutions in the areas of heating, cooling, and ventilation on behalf of the company.

In April 2023, EHP Technology Company has announced the launch of its revolutionary geothermal heating system. The Company's CEO, Mr. Anıl Çil made the announcement while speaking to reporters at an event organized by the company.