Portugal Geothermal Heat Pumps Market (2025-2031) | Share, Revenue, Growth, Companies, Industry, Value, Forecast, Size, Trends, Outlook, Segmentation & Analysis
Market Forecast By Type (Closed Loop, Open Loop), By Application (Residential, Commercial, Industrial) And Competitive Landscape
| Product Code: ETC4660407 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Portugal Geothermal Heat Pumps Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The import shipments of geothermal heat pumps to Portugal have shown significant growth in 2024, with Spain, Italy, Metropolitan France, Denmark, and China being the top exporting countries. The market concentration, as measured by the HHI, increased from moderate to high in 2024, indicating a more consolidated market landscape. The impressive CAGR of 18.48% from 2020 to 2024 highlights the expanding demand for geothermal heat pumps in Portugal. Moreover, the notable growth rate of 36.28% from 2023 to 2024 suggests a rapid acceleration in import volumes, reflecting a strong market momentum.
Key Highlights of the Report:
- Portugal Geothermal Heat Pumps Market Outlook
- Market Size of Portugal Geothermal Heat Pumps Market, 2024
- Forecast of Portugal Geothermal Heat Pumps Market, 2031
- Historical Data and Forecast of Portugal Geothermal Heat Pumps Revenues & Volume for the Period 2021-2031
- Portugal Geothermal Heat Pumps Market Trend Evolution
- Portugal Geothermal Heat Pumps Market Drivers and Challenges
- Portugal Geothermal Heat Pumps Price Trends
- Portugal Geothermal Heat Pumps Porter`s Five Forces
- Portugal Geothermal Heat Pumps Industry Life Cycle
- Historical Data and Forecast of Portugal Geothermal Heat Pumps Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Portugal Geothermal Heat Pumps Market Revenues & Volume By Closed Loop for the Period 2021-2031
- Historical Data and Forecast of Portugal Geothermal Heat Pumps Market Revenues & Volume By Open Loop for the Period 2021-2031
- Historical Data and Forecast of Portugal Geothermal Heat Pumps Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Portugal Geothermal Heat Pumps Market Revenues & Volume By Residential for the Period 2021-2031
- Historical Data and Forecast of Portugal Geothermal Heat Pumps Market Revenues & Volume By Commercial for the Period 2021-2031
- Historical Data and Forecast of Portugal Geothermal Heat Pumps Market Revenues & Volume By Industrial for the Period 2021-2031
- Portugal Geothermal Heat Pumps Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- Portugal Geothermal Heat Pumps Top Companies Market Share
- Portugal Geothermal Heat Pumps Competitive Benchmarking By Technical and Operational Parameters
- Portugal Geothermal Heat Pumps Company Profiles
- Portugal Geothermal Heat Pumps Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Portugal Geothermal Heat Pumps Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Portugal Geothermal Heat Pumps Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Portugal Geothermal Heat Pumps Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Geothermal Heat Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Geothermal Heat Pumps Market - Industry Life Cycle |
3.4 Portugal Geothermal Heat Pumps Market - Porter's Five Forces |
3.5 Portugal Geothermal Heat Pumps Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Portugal Geothermal Heat Pumps Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Portugal Geothermal Heat Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on renewable energy sources in Portugal's energy mix |
4.2.2 Government incentives and subsidies for renewable energy projects |
4.2.3 Rising awareness about the environmental benefits of geothermal heat pumps |
4.3 Market Restraints |
4.3.1 High initial installation costs of geothermal heat pump systems |
4.3.2 Lack of widespread knowledge and understanding of geothermal technology among consumers |
4.3.3 Limited availability of skilled professionals for geothermal heat pump installation and maintenance |
5 Portugal Geothermal Heat Pumps Market Trends |
6 Portugal Geothermal Heat Pumps Market Segmentations |
6.1 Portugal Geothermal Heat Pumps Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Portugal Geothermal Heat Pumps Market Revenues & Volume, By Closed Loop, 2021-2031F |
6.1.3 Portugal Geothermal Heat Pumps Market Revenues & Volume, By Open Loop, 2021-2031F |
6.2 Portugal Geothermal Heat Pumps Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Portugal Geothermal Heat Pumps Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Portugal Geothermal Heat Pumps Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Portugal Geothermal Heat Pumps Market Revenues & Volume, By Industrial, 2021-2031F |
7 Portugal Geothermal Heat Pumps Market Import-Export Trade Statistics |
7.1 Portugal Geothermal Heat Pumps Market Export to Major Countries |
7.2 Portugal Geothermal Heat Pumps Market Imports from Major Countries |
8 Portugal Geothermal Heat Pumps Market Key Performance Indicators |
8.1 Number of new geothermal heat pump installations in Portugal |
8.2 Percentage increase in government spending on renewable energy projects |
8.3 Growth in the number of geothermal energy companies operating in Portugal |
9 Portugal Geothermal Heat Pumps Market - Opportunity Assessment |
9.1 Portugal Geothermal Heat Pumps Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Portugal Geothermal Heat Pumps Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Portugal Geothermal Heat Pumps Market - Competitive Landscape |
10.1 Portugal Geothermal Heat Pumps Market Revenue Share, By Companies, 2024 |
10.2 Portugal Geothermal Heat Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential assessment - trade Analytics for 2030
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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