Geothermal Heat Pump Market Share, Growth Prospect and Industry Insights till 2025
Global Geothermal Heat Pump Market share on the basis of types spans Direct Exchange Geothermal Heat Pump, Closed Loop Systems, and Open Loop Systems. The word "Geothermal" has Greek origin; which means "earth heat". A central heating as well as a cooling system that assists the movement of heat to or from the ground is called a geothermal or ground source heat pump. It is also popularly known by different names such as geoexchange, earth-coupled, and earth energy systems. The system mainly employs a heat exchanger in order to get in touch with the ground or groundwater for the removal or dispersion of the amount of heat.
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