研究报告—地源热泵（附发展环境、全景概览、竞争格局及发展前景预测）

Core Viewpoint - The geothermal heat pump industry in China is a sustainable energy technology that utilizes low-temperature heat sources from shallow geological formations, aligning with national energy-saving and emission-reduction policies, and is expected to see significant growth in market demand and application by 2025 [1][2][11]. Industry Definition and Classification - Geothermal heat pumps are categorized into three types based on the "geothermal exchange" method: soil source heat pumps, well water source heat pumps, and surface water heat pumps [2][6]. - This technology is recognized as a high-efficiency energy-saving air conditioning system that can provide both heating and cooling [1][2]. Industry Policies - The geothermal heat pump industry is supported by various government policies aimed at increasing investment, encouraging technological innovation, and promoting widespread adoption [2][8]. - The "Action Plan for Promoting High-Quality Development of the Heat Pump Industry" outlines goals for enhancing manufacturing and R&D capabilities by 2030, including a 20% improvement in energy efficiency for key products [2][8]. Favorable Conditions - China's vast territory and abundant resources, along with a large and relatively inexpensive labor force, contribute to lower installation costs for geothermal heat pump systems [3][7]. - Government regulations are in place to prevent energy waste and environmental pollution, facilitating the implementation of geothermal heat pump technology [3][7]. Industry Chain Core Nodes - The upstream of the geothermal heat pump industry includes components such as compressors, condensers, evaporators, expansion valves, pumps, and throttling valves [3][8]. - The midstream involves the production of geothermal heat pump main units, system integration, and installation services, while the downstream applications span residential, commercial, public, and industrial buildings [3][8]. Development Scale - In 2020, the area served by geothermal heat pumps in China exceeded 800 million square meters, with an installed capacity of over 26,000 megawatts, and is projected to reach 2.85 million megawatts by 2024 and approximately 30,000 megawatts by 2025 [3][4][11]. Demand Capacity - The installed capacity of geothermal heat pumps in China was over 27,000 megawatts in 2022, with expectations for continued growth leading to around 30,000 megawatts by 2025 [4][12]. Competitive Landscape - The geothermal heat pump industry in China features a large number of enterprises with low market concentration, characterized by diverse market participants including manufacturers of air conditioning systems, energy/building companies, and specialized geothermal heat pump producers [4][14]. - Key market players include Tianjia Energy, Gree Electric Appliances, Yongyuan Heat Pump, and others [4][14][15]. Market Trends - Geothermal heat pump technology is anticipated to play a significant role in the development of central air conditioning systems in China, driven by ongoing technological advancements and strong government support [4][11].