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Colombia Geothermal Heat Pump Market Size & Outlook, 2025-2033


Colombia Geothermal Heat Pump Market Highlights

  • Market Strides analysis indicates that the Colombia Geothermal Heat Pump Market size, valued at USD 0.02 Million in 2024, is expected to expand to USD 0.04 Million by 2033.
  • The Colombia market is forecasted to expand at a CAGR of 6.20% spanning 2025–2033.
  • Closed Loop held the leading position among By Type segments in 2024, based on market size.
  • Hybrid is projected to post the fastest growth rate, sustaining its position as the most attractive By Type segment during the forecast horizon.
Colombia Geothermal Heat Pump Market Overview
Source: MS Analysis Company Publications, Primary Interviews.

Other Key Findings


  • Colombia accounted for 0% of the global Geothermal Heat Pump Market size in 2024.
  • By 2033, United States is expected to remain the top global market in terms of size.
  • Within LATAM, Brazil is forecasted to dominate the regional Geothermal Heat Pump Market size by 2033.
  • Argentina will be the fastest-growing market in LATAM, projected to achieve USD 1063.95 Million by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 0.02 Million
Market Size In 2033 USD 0.04 Million
Largest segment Closed Loop
Units Revenue in USD Million
CAGR 6.20% (2025-2033)
Segmnetation Covered
By Type
  1. Closed Loop
  2. Open Loop
  3. Hybrid
By Application
  1. Residential
  2. Commercial
  3. Industrial
By System Design
  1. Horizontal
  2. Vertical
  3. Pond/Lake
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Colombia Geothermal Heat Pump Market By Type 2025-2033 (USD Million)

By Type 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Closed Loop XX.x XX.x XX.x 0.01 XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Open Loop XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Hybrid XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Total XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Source: MS Analysis Company Publications, Primary Interviews.

Colombia Geothermal Heat Pump Market By Application 2025-2033 (USD Million)

By Application 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Residential XX.x XX.x XX.x 0.01 XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Commercial XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Industrial XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Total XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Source: MS Analysis Company Publications, Primary Interviews.

Colombia Geothermal Heat Pump Market By System Design 2025-2033 (USD Million)

By System Design 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Horizontal XX.x XX.x XX.x 0.01 XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Vertical XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Pond/Lake XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Total XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x XX.x
Source: MS Analysis Company Publications, Primary Interviews.

Author :

Market Strides Research Team

The Market Strides Research Team delivers concise, data-driven insights across Construction & Manufacturing, Energy & Power, and Machinery & Equipment markets. With expertise covering materials, machinery, automation, infrastructure, power systems, renewables, and industrial technologies, the team provides reliable research and clear market intelligence for global businesses and decision-makers.

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Report Details
Author Market Strides Research Team
Format PDF & Excel
Language English
Published Nov, 2025
USD 2100
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