Ground source heat pump is a kind of use of shallow geothermal resources (also known as ground energy, including soil, groundwater, lake water, etc.) can be heating and cooling energy efficient air conditioning equipment. Ground source heat pump through the input of a small amount of high-grade energy (such as electrical energy), to achieve from low temperature thermal energy to high temperature thermal energy transfer. Compared with the traditional air conditioning equipment, ground source heat pump has the advantages of energy saving and emission reduction, improving comfort, reducing operation and maintenance costs, and is considered to be an ideal clean energy technology.

According to data from the Champ Consulting Group,2023The development status of China's ground source heat pump industry is as follows:

（1) Policy environment: The national level has issued a series of policy plans to support the development of ground source heat pumps, clarified the development goals and key areas during the "14th Five-Year Plan" period, and encouraged localities to promote the use of ground source heat pump technology according to local conditions. At the same time, the country has put forward the strategic goals of "carbon peak" and "carbon neutrality", which provides a strong policy driving force for ground source heat pump, a low-carbon clean energy. Provinces and cities have also formulated corresponding local policy plans according to their own resource conditions and needs, and have given support and guidance to the technical standards, financial subsidies, and demonstration projects of ground source heat pumps.

（2) Market size: According to data from the Champ Consulting Group,2022National ground source heat pump industry heating/Refrigeration building area exceeds8100 million square meters, with an average annual compound growth rate of more20%。2023The full year is expected to exceed9100 million square meters, accounting for the national building heating/Nearly of the total refrigeration area10%. Among them, the northern cold region is the main market for ground source heat pump applications, accounting for about70%, mainly for heating and domestic hot water; warm and humid areas in the south are potential markets for ground source heat pump applications, accounting for approximately30%It is mainly used for refrigeration and dehumidification. By application area, civil buildings are the mainstay of ground-source heat pump applications, accounting for approximately60%, mainly including residential buildings, hotels, hospitals, etc.; public buildings are the focus of ground source heat pump applications, accounting for approximately30%, mainly including schools, office buildings, shopping malls, etc.; industrial buildings are an emerging field of ground source heat pump applications, accounting for approximately10%Mainly including food, pharmaceutical, chemical and so on.

（3) Technical level: After years of development, China's ground source heat pump technology has formed a relatively complete technical system, including ground source heat pump equipment, geothermal energy mining and utilization technology, ground source heat pump system design and operation control technology. Among them, the ground source heat pump equipment is the core of ground source heat pump technology, mainly including water-cooled heat pump units, water source heat pump units, screw heat pump units and so on. At present, China already has a strong production capacity of ground source heat pump equipment, and the market share of domestic equipment exceeds80%. At the same time, China is also constantly strengthening the innovation and standardization of ground source heat pump technology, improving the performance and reliability of ground source heat pumps, and reducing the cost and risk of ground source heat pumps.

（4) Competition pattern: The competition pattern of China's ground source heat pump industry shows the characteristics of diversification and differentiation. On the one hand, there are many types of enterprises in the industry, including enterprises specializing in the production of ground source heat pump equipment, enterprises providing design and construction services for ground source heat pump systems, and enterprises providing comprehensive ground source heat pump solutions. There is both competition and cooperation between these enterprises, forming a complex relationship of interests. On the other hand, there are obvious regional differences and scale differences in the industry, and there is a large gap in competitiveness and market share between enterprises of different regions and sizes. At present, the leading enterprises in the industry are mainly concentrated in Beijing, Hebei, Shandong and other northern provinces and cities, with strong brand influence and technical advantages, occupying a large market share. Small and medium-sized enterprises are distributed throughout the country, mainly relying on low-cost competition and regional advantages, occupying a certain market space.

according to champ consulting,2023China's ground source heat pump industry will face the following development trends and opportunities:

（1) Development trend: With the implementation of the national "double carbon" goal and the increasing demand for building energy conservation and emission reduction, ground source heat pump as a low-carbon clean energy technology will usher in a period of rapid development. expected2025National ground source heat pump heating/Refrigeration building area will reach12About 100 million square meters, the average annual compound growth rate will be maintained15%Left and right. At the same time, with the promotion of technological innovation and policy support, ground source heat pumps will make greater breakthroughs in performance, efficiency, and cost, and further improve market competitiveness and user satisfaction. In addition, as users' requirements for comfort and health increase, ground source heat pumps will be combined with emerging needs such as intelligence, personalization, and multi-functionality to form more product innovations and application scenarios.

（2) Development opportunities: In the next few years, China's ground source heat pump industry will face the following development opportunities:

Clean heating in winter in the north: the northern region is the main market for ground source heat pump applications, and it is also a key area for national clean heating. According to the planning of the National Energy Administration,2025In the year, the proportion of clean heating in the northern region will reach70%The proportion of non-fossil energy heating will reach20%. As an efficient and energy-saving non-fossil energy heating technology, ground source heat pump will play an important role in the clean heating in the northern winter, and is expected to obtain more policy support and market demand.

Southern summer refrigeration dehumidification: The southern region is a potential market for ground source heat pump applications and a key area for national energy conservation and consumption reduction. According to the plan of the National Development and Reform Commission,2025In, the energy consumption of building air conditioning in the southern region will decline.15%. As a high-efficiency and energy-saving refrigeration dehumidification technology, ground source heat pump will play an important role in the southern summer refrigeration dehumidification, and is expected to obtain more technological innovation and market promotion.

New urbanization construction: New urbanization construction is a major strategy during the country's "14th Five-Year Plan" period, and it is also an important field of ground source heat pump applications. According to the plan of the Ministry of Housing and Construction,2025The national urbanization rate will reach65%, in which the urbanization rate of the resident population will reach70%. As a low-carbon and comfortable building air-conditioning technology, ground source heat pump will play an important role in the construction of new urbanization, and it is expected to obtain more demonstration projects and market space.

Industrial energy saving and emission reduction: Industrial energy saving and emission reduction is an important guarantee for the national "double carbon" goal, and it is also an emerging field of ground source heat pump applications. According to the plan of the State Ministry of Industry and Information Technology,2025year, the national industrial energy intensity will decline15%Industrial carbon intensity will decline.18%. Ground source heat pump as an efficient and energy-saving industrial heating/Refrigeration technology will play an important role in industrial energy conservation and emission reduction, and is expected to obtain more technological breakthroughs and market opportunities.

To sum up,2023Under the guidance of the national "double carbon" goal, China's ground source heat pump industry will usher in a period of rapid development opportunities, but it is also facing challenges such as high cost, lack of standards and low awareness. it is necessary to strengthen technological innovation, policy support, market promotion and other measures to promote the healthy and sustainable development of the industry.