Global Geothermal Power Generation Market Report 2024

Geothermal Power Generation Global Market Report 2024 – By Type (Binary Cycle, Dry Steam, Flash Steam), By Application (Dry Steam Power Stations, Flash Steam Power Stations, Binary Cycle Power Stations), By End Users (Commercial, Residential, Industrial, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

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Geothermal Power Generation Market Definition And Segments

Geothermal power generation refers to the process of harnessing heat energy from beneath the Earth's surface to generate electricity. These systems utilize the heat from geothermal reservoirs or underground hot water and steam to drive turbines, which in turn produce electricity.

The main types of geothermal power generation are binary cycles, dry steam, and flash steam. Binary cycle power generation refers to the utilization of moderate-temperature geothermal resources by transferring heat from the geothermal fluid to a secondary fluid with a lower boiling point. It is used for various applications, including dry steam power stations, flash steam power stations, and binary cycle power stations, which are used by various end user industries, including commercial, residential, industrial, and others.

The geothermal power generation market covered in this report is segmented –

1) By Type: Binary Cycle, Dry Steam, Flash Steam

2) By Application: Dry Steam Power Stations, Flash Steam Power Stations, Binary Cycle Power Stations

3) By End Users: Commercial, Residential, Industrial, Other End Users

The geothermal power generation market size has grown rapidly in recent years. It will grow from $9.83 billion in 2023 to $11.17 billion in 2024 at a compound annual growth rate (CAGR) of 13.7%. The growth in the historic period can be attributed to government incentives and subsidies, technological advancements in geothermal drilling and exploration, increasing environmental concerns and regulations, rising energy demand, growing investments in renewable energy.

The geothermal power generation market size is expected to see rapid growth in the next few years. It will grow to $17.54 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%. The growth in the forecast period can be attributed to advancements in enhanced geothermal systems (EGS) technology, expansion of geothermal projects in developing countries, growing emphasis on decarbonization and sustainability, increasing global energy demand, supportive government policies and regulations. Major trends in the forecast period include integration of geothermal energy with other renewable sources in hybrid energy systems, emergence of innovative financing models for geothermal projects, adoption of digital technologies for optimizing geothermal plant performance, expansion of geothermal power generation capacity.

Role Of Increasing Renewable Energy Demand In Geothermal Power Generation Market Expansion

The growing demand for renewable energy is expected to fuel the growth of the geothermal power generation market going forward. Renewable energy refers to energy derived from naturally replenishing sources that are virtually inexhaustible on human timescales. The increasing demand for renewable energy is driven by its cost-effectiveness, environmental benefits, and the broader global transition towards sustainable energy systems. Renewable energy, including geothermal power generation, contributes to sustainable development, environmental protection, and the transition towards a cleaner and more resilient energy future. Geothermal energy is considered a clean and sustainable energy source because it relies on a constantly replenished heat source within the Earth and generates minimal greenhouse gases when used to generate power. For instance, in December 2022, according to the International Energy Agency (IEA), a France-based intergovernmental organization, the global renewable power capacity is projected to grow by 2,400 gigawatts (GW) over the 2022–2027 period, representing a remarkable 30% increase compared to previous forecasts. Therefore, the growing demand for renewable energy is driving the growth of the geothermal power generation market.

Major companies operating in the geothermal power generation market are Chevron Corp., Enel Green Power S.p.A., Mitsubishi Corporation, Siemens AG, General Electric SE, Sumitomo Corporation, ABB Ltd., Berkshire Hathaway Energy, Toshiba Corporation, Atlas Copco AB, Calpine Corporation, Fuji Electric Co. Ltd., Tata Power Company Limited, Aboitiz Power Corporation, First Gen Corporation, Ansaldo Energia S.P.A., Ormat Technologies Inc., Innergex Renewable Energy Inc., Climatemaster Inc., Green Mountain Energy Company, Exergy Inc., GEG Power Equipments Private Limited, ElectraTherm Inc., Fervo Energy Co., Climeon AB

Strategic Partnerships Drive Innovation In Geothermal Power Generation

Major companies operating in the geothermal power generation market are focused on developing strategic partnerships to gain a competitive edge in the market. A geothermal power project partnership involves a collaborative arrangement between two or more entities to plan, develop, and operate a geothermal power generation facility. For instance, in November 2023, Google LLC, a US-based technology company, partnered with Fervo, a US-based clean-energy startup, to develop a first-of-its-kind geothermal power project in Nevada that aims to provide carbon-free energy to support Google's data centers and operations. Fervo uses advanced drilling techniques, which were originally developed by the oil and gas industry, to extract heat from beneath the earth's surface. Fervo has demonstrated the ability to produce round-the-clock carbon-free electricity using less land compared to other clean energy sources by installing fiber-optic cables to monitor the flow, temperature, and performance of the geothermal system in real-time.

Ormat Technologies Inc. Strengthens Leadership In Renewable Energy Sector Acquisition Of Enel Green Power North America (EGPNA)

In October 2023, Ormat Technologies Inc., a US-based company that specializes in the manufacturing and development of geothermal power generation equipment, acquired the 150 MW portfolio of geothermal and solar assets from Enel Green Power North America (EGPNA) for approximately $271 million. With this acquisition, Ormat will significantly expand its portfolio of renewable energy assets, enhancing its position as a leading player in the renewable energy sector. Enel Green Power North America (EGPNA) is a US-based owner and operator of geothermal and renewable energy plants in North America.

Asia-Pacific was the largest region in the geothermal power generation market in 2023. The regions covered in the geothermal power generation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the geothermal power generation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The geothermal power generation market consists of revenues earned by entities by providing services such as exploration, resource assessment, drilling services, plant design, and construction. The market value includes the value of related goods sold by the service provider or included within the service offering. The geothermal power generation market also includes sales of geothermal heat pumps, drilling rigs, and well casing. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The geothermal power generation market research report is one of a series of new reports from The Business Research Company that provides geothermal power generation market statistics, including geothermal power generation industry global market size, regional shares, competitors with geothermal power generation market share, detailed geothermal power generation market segments, market trends, and opportunities, and any further data you may need to thrive in the geothermal power generation industry. This geothermal power generation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Geothermal Power Generation Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $11.17 billion
Revenue Forecast In 2033 $17.54 billion
Growth Rate CAGR of 11.9% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Binary Cycle, Dry Steam, Flash Steam
2) By Application: Dry Steam Power Stations, Flash Steam Power Stations, Binary Cycle Power Stations
3) By End Users: Commercial, Residential, Industrial, Other End Users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Chevron Corp.; Enel Green Power S.p.A.; Mitsubishi Corporation; Siemens AG; General Electric SE; Sumitomo Corporation; ABB Ltd.; Berkshire Hathaway Energy; Toshiba Corporation; Atlas Copco AB; Calpine Corporation; Fuji Electric Co. Ltd.; Tata Power Company Limited; Aboitiz Power Corporation; First Gen Corporation; Ansaldo Energia S.P.A.; Ormat Technologies Inc.; Innergex Renewable Energy Inc.; Climatemaster Inc.; Green Mountain Energy Company; Exergy Inc.; GEG Power Equipments Private Limited; ElectraTherm Inc.; Fervo Energy Co.; Climeon AB
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Geothermal Power Generation Market Characteristics

    3. Geothermal Power Generation Market Trends And Strategies

    4. Geothermal Power Generation Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Geothermal Power Generation Market Size and Growth

    5.1. Global Geothermal Power Generation Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Geothermal Power Generation Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Geothermal Power Generation Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Geothermal Power Generation Market Segmentation

    6.1. Global Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Binary Cycle

    Dry Steam

    Flash Steam

    6.2. Global Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Dry Steam Power Stations

    Flash Steam Power Stations

    Binary Cycle Power Stations

    6.3. Global Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Commercial

    Residential

    Industrial

    Other End Users

    7. Geothermal Power Generation Market Regional And Country Analysis

    7.1. Global Geothermal Power Generation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Geothermal Power Generation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Geothermal Power Generation Market

    8.1. Asia-Pacific Geothermal Power Generation Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Geothermal Power Generation Market

    9.1. China Geothermal Power Generation Market Overview

    9.2. China Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Geothermal Power Generation Market

    10.1. India Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Geothermal Power Generation Market

    11.1. Japan Geothermal Power Generation Market Overview

    11.2. Japan Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Geothermal Power Generation Market

    12.1. Australia Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Geothermal Power Generation Market

    13.1. Indonesia Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Geothermal Power Generation Market

    14.1. South Korea Geothermal Power Generation Market Overview

    14.2. South Korea Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Geothermal Power Generation Market

    15.1. Western Europe Geothermal Power Generation Market Overview

    15.2. Western Europe Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Geothermal Power Generation Market

    16.1. UK Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Geothermal Power Generation Market

    17.1. Germany Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Geothermal Power Generation Market

    18.1. France Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Geothermal Power Generation Market

    19.1. Italy Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Geothermal Power Generation Market

    20.1. Spain Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Geothermal Power Generation Market

    21.1. Eastern Europe Geothermal Power Generation Market Overview

    21.2. Eastern Europe Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Geothermal Power Generation Market

    22.1. Russia Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Geothermal Power Generation Market

    23.1. North America Geothermal Power Generation Market Overview

    23.2. North America Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Geothermal Power Generation Market

    24.1. USA Geothermal Power Generation Market Overview

    24.2. USA Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Geothermal Power Generation Market

    25.1. Canada Geothermal Power Generation Market Overview

    25.2. Canada Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Geothermal Power Generation Market

    26.1. South America Geothermal Power Generation Market Overview

    26.2. South America Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Geothermal Power Generation Market

    27.1. Brazil Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Geothermal Power Generation Market

    28.1. Middle East Geothermal Power Generation Market Overview

    28.2. Middle East Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Geothermal Power Generation Market

    29.1. Africa Geothermal Power Generation Market Overview

    29.2. Africa Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Geothermal Power Generation Market Competitive Landscape And Company Profiles

    30.1. Geothermal Power Generation Market Competitive Landscape

    30.2. Geothermal Power Generation Market Company Profiles

    30.2.1. Chevron Corp.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Enel Green Power S.p.A.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Mitsubishi Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Siemens AG

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. General Electric SE

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Geothermal Power Generation Market Other Major And Innovative Companies

    31.1. Sumitomo Corporation

    31.2. ABB Ltd.

    31.3. Berkshire Hathaway Energy

    31.4. Toshiba Corporation

    31.5. Atlas Copco AB

    31.6. Calpine Corporation

    31.7. Fuji Electric Co. Ltd.

    31.8. Tata Power Company Limited

    31.9. Aboitiz Power Corporation

    31.10. First Gen Corporation

    31.11. Ansaldo Energia S.P.A.

    31.12. Ormat Technologies Inc.

    31.13. Innergex Renewable Energy Inc.

    31.14. Climatemaster Inc.

    31.15. Green Mountain Energy Company

    32. Global Geothermal Power Generation Market Competitive Benchmarking

    33. Global Geothermal Power Generation Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Geothermal Power Generation Market

    35. Geothermal Power Generation Market Future Outlook and Potential Analysis

    35.1 Geothermal Power Generation Market In 2028 - Countries Offering Most New Opportunities

    35.2 Geothermal Power Generation Market In 2028 - Segments Offering Most New Opportunities

    35.3 Geothermal Power Generation Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Geothermal Power Generation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Geothermal Power Generation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Chevron Corp. Financial Performance
  • Table 75: Enel Green Power S.p.A. Financial Performance
  • Table 76: Mitsubishi Corporation Financial Performance
  • Table 77: Siemens AG Financial Performance
  • Table 78: General Electric SE Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Geothermal Power Generation Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Geothermal Power Generation Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Chevron Corp. Financial Performance
  • Figure 75: Enel Green Power S.p.A. Financial Performance
  • Figure 76: Mitsubishi Corporation Financial Performance
  • Figure 77: Siemens AG Financial Performance
  • Figure 78: General Electric SE Financial Performance
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Frequently Asked Questions

What is the definition of the geothermal power generation market?

Geothermal power generation refers to the process of harnessing heat energy from beneath the Earth's surface to generate electricity. These systems utilize the heat from geothermal reservoirs or underground hot water and steam to drive turbines, which in turn produce electricity. For further insights on the geothermal power generation market, request a sample here

How will the geothermal power generation market drivers and restraints affect the geothermal power generation market dynamics? What forces will shape the geothermal power generation industry going forward?

The geothermal power generation market major growth driver - Role Of Increasing Renewable Energy Demand In Geothermal Power Generation Market Expansion. For further insights on the geothermal power generation market, request a sample here

What is the forecast market size or the forecast market value of the geothermal power generation market?

The geothermal power generation market size has grown rapidly in recent years. It will grow from $9.83 billion in 2023 to $11.17 billion in 2024 at a compound annual growth rate (CAGR) of 13.7%. The growth in the historic period can be attributed to government incentives and subsidies, technological advancements in geothermal drilling and exploration, increasing environmental concerns and regulations, rising energy demand, growing investments in renewable energy. The geothermal power generation market size is expected to see rapid growth in the next few years. It will grow to $17.54 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%. The growth in the forecast period can be attributed to advancements in enhanced geothermal systems (EGS) technology, expansion of geothermal projects in developing countries, growing emphasis on decarbonization and sustainability, increasing global energy demand, supportive government policies and regulations. Major trends in the forecast period include integration of geothermal energy with other renewable sources in hybrid energy systems, emergence of innovative financing models for geothermal projects, adoption of digital technologies for optimizing geothermal plant performance, expansion of geothermal power generation capacity. For further insights on the geothermal power generation market, request a sample here

How is the geothermal power generation market segmented?

The geothermal power generation market is segmented
1) By Type: Binary Cycle, Dry Steam, Flash Steam
2) By Application: Dry Steam Power Stations, Flash Steam Power Stations, Binary Cycle Power Stations
3) By End Users: Commercial, Residential, Industrial, Other End UsersFor further insights on the geothermal power generation market,
request a sample here

Which region has the largest share of the geothermal power generation market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the geothermal power generation market in 2023. The regions covered in the geothermal power generation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the geothermal power generation market, request a sample here.

Who are the major players in the geothermal power generation market?

Major companies operating in the geothermal power generation market are Chevron Corp., Enel Green Power S.p.A., Mitsubishi Corporation, Siemens AG, General Electric SE, Sumitomo Corporation, ABB Ltd., Berkshire Hathaway Energy, Toshiba Corporation, Atlas Copco AB, Calpine Corporation, Fuji Electric Co. Ltd., Tata Power Company Limited, Aboitiz Power Corporation, First Gen Corporation, Ansaldo Energia S.P.A., Ormat Technologies Inc., Innergex Renewable Energy Inc., Climatemaster Inc., Green Mountain Energy Company, Exergy Inc., GEG Power Equipments Private Limited, ElectraTherm Inc., Fervo Energy Co., Climeon AB For further insights on the geothermal power generation market, request a sample here.

What are the key trends in the geothermal power generation market?

Major trend in the geothermal power generation market - Strategic Partnerships Drive Innovation In Geothermal Power Generation. For further insights on the geothermal power generation market, request a sample here.

What are the major opportunities in the geothermal power generation market? What are the strategies for the geothermal power generation market?

For detailed insights on the major opportunities and strategies in the geothermal power generation market, request a sample here.

How does the geothermal power generation market relate to the overall economy and other similar markets?

For detailed insights on geothermal power generation market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the geothermal power generation industry?

For detailed insights on the mergers and acquisitions in the geothermal power generation industry, request a sample here.

What are the key dynamics influencing the geothermal power generation market growth? SWOT analysis of the geothermal power generation market.

For detailed insights on the key dynamics influencing the geothermal power generation market growth and SWOT analysis of the geothermal power generation industry, request a sample here.