Geothermal Power Generation Market

Geothermal power, namely geothermal electricity, is electricity generated by geothermal energy. Technologies in use include dry steam power stations, flash steam power stations and binary cycle power stations. Geothermal electricity generation is currently used in 24 countries.

Geothermal power is considered to be a sustainable, renewable source of energy because the heat extraction is small compared with the Earth's heat content. However, it displays features of conventional power generation methods due to high capacity factors and ability to supply base load. Low emissions and non-reliance on fossil fuels are major drivers for the industry. Strong regulatory and policy framework in numerous countries across the world would foster and sustain development in the sector in the long-term. In Geothermal Power Generation Market , the use of geothermal energy for power generation purposes are mainly analyzed. In addition, the direct uses of geothermal energy are also introduced in chapter 6.

Geothermal Power Generation Market aims to provide a comprehensive presentation of the global market for Geothermal Power Generation, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Geothermal Power Generation. Geothermal Power Generation Market contains market size and forecasts of Geothermal Power Generation in global, including the following market information:

• Global Geothermal Power Generation Market Revenue, 2018-2023, 2024-2029, ($ millions)
• Global Geothermal Power Generation Market Sales, 2018-2023, 2024-2029, (MW)

The global Geothermal Power Generation market was valued at US$ 25770 million in 2022 and is projected to reach US$ 39800 million by 2029, at a CAGR of 6.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global core geothermal power generation manufacturers include Energy Development, Comisi?n Federal de Electricidad etc.The top 3 companies hold a share about 20%.Asia Pacific is the largest market, with a share about 36%, followed by North America and Europe with the share about 30% and 12%.

We surveyed the Geothermal Power Generation manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Geothermal Power Generation Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MW)

Global Geothermal Power Generation Market Segment Percentages, by Type, 2022 (%)

• Dry Steam Stations
• Flash Steam Power Stations
• Binary Cycle Stations

• Residential
• Industrial
• Others

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

• Key companies Geothermal Power Generation revenues in global market, 2018-2023 (Estimated), ($ millions)
• Key companies Geothermal Power Generation revenues share in global market, 2022 (%)
• Key companies Geothermal Power Generation sales in global market, 2018-2023 (Estimated), (MW)
• Key companies Geothermal Power Generation sales share in global market, 2022 (%)

• Energy Development
• Comisi?n Federal de Electricidad
• Ormat
• Enel Green Power
• Calpine
• KenGen
• Pertamina Geothermal Energy
• Contact Energy
• Orkuveita Reykjavikur
• Star Energy Ltd
• Berkshire Hathaway Energy
• Northern California Power Agency
• HS Orka
• Cyrq Energy
• Outline of Major Chapters:
• Chapter 1: Introduces the definition of Geothermal Power Generation, market overview.
• Chapter 2: Global Geothermal Power Generation market size in revenue and volume.
• Chapter 3: Detailed analysis of Geothermal Power Generation manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Geothermal Power Generation in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global Geothermal Power Generation capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.