Geothermal Power Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global geothermal power market is expected to grow at a CAGR of around 5.0% during 2023-2030. This report on global geothermal power market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global geothermal power market by segmenting the market based on platform, model, content type, service, end user, and region. Also, detailed profiles of companies operating in the Geothermal Power market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030
Market by Power Output
Market Drivers
- Growing Demands for Energy from Renewable Sources
- Increasing Government Support
- Initial Investments are Very High
Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030
Market by Power Output
- <5MW
- >5MW
- Binary Cycle Power Plant
- Flash Steam Plant
- Dry Steam Plant
- Residential
- Commercial
- Industrial
- Others
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Rest of Asia Pacific
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- Turkey
- Iran
- UAE
- Rest of Middle East & Africa
1. PREFACE
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. KEY INSIGHTS
3. GLOBAL GEOTHERMAL POWER MARKET
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. GLOBAL GEOTHERMAL POWER MARKET ANALYSIS
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
5. GLOBAL GEOTHERMAL POWER MARKET BY POWER OUTPUT
5.1. Introduction
5.2. <5MW
5.3. >5MW
6. GLOBAL GEOTHERMAL POWER MARKET BY TYPE
6.1. Introduction
6.2. Binary Cycle Power Plant
6.3. Flash Steam Plant
6.4. Dry Steam Plant
7. GLOBAL GEOTHERMAL POWER MARKET BY APPLICATION
7.1. Introduction
7.2. Residential
7.3. Commercial
7.4. Industrial
7.5. Other
8. GLOBAL GEOTHERMAL POWER MARKET BY REGION
8.1. Introduction
8.2. Europe
8.2.1. Germany
8.2.2. United Kingdom
8.2.3. France
8.2.4. Italy
8.2.5. Spain
8.2.6. Russia
8.2.7. Netherlands
8.2.8. Rest of the Europe
8.3. North America
8.3.1. United States
8.3.2. Canada
8.4. Asia Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. Indonesia
8.4.7. Rest of the Asia Pacific
8.5. Latin America
8.5.1. Mexico
8.5.2. Brazil
8.5.3. Argentina
8.5.4. Rest of Latin America
8.6. Middle East & Africa
8.6.1. Saudi Arabia
8.6.2. Turkey
8.6.3. Iran
8.6.4. United Arab Emirates
8.6.5. Rest of Middle East & Africa
9. SWOT ANALYSIS
10. PORTER’S FIVE FORCES
11. MARKET VALUE CHAIN ANALYSIS
12. COMPETITIVE LANDSCAPE
12.1. Competitive Scenario
12.2. Company Profiles
12.2.1. ABB
12.2.2. CALPINE
12.2.3. EDF
12.2.4. ENEL SPA
12.2.5. GENERAL ELECTRIC
12.2.6. GRADIENT RESOURCES
12.2.7. KOREA ELECTRIC POWER CORPORTION
12.2.8. MITSUBISHI HITACHI POWER SYSTEMS
12.2.9. ORMAT
12.2.10. SIEMENS AG
12.2.11. TATA POWER
12.2.12. TOSHIBA CORPORATION
12.2.13. YOKOGAWA ELECTRIC COPORATION
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. KEY INSIGHTS
3. GLOBAL GEOTHERMAL POWER MARKET
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. GLOBAL GEOTHERMAL POWER MARKET ANALYSIS
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
5. GLOBAL GEOTHERMAL POWER MARKET BY POWER OUTPUT
5.1. Introduction
5.2. <5MW
5.3. >5MW
6. GLOBAL GEOTHERMAL POWER MARKET BY TYPE
6.1. Introduction
6.2. Binary Cycle Power Plant
6.3. Flash Steam Plant
6.4. Dry Steam Plant
7. GLOBAL GEOTHERMAL POWER MARKET BY APPLICATION
7.1. Introduction
7.2. Residential
7.3. Commercial
7.4. Industrial
7.5. Other
8. GLOBAL GEOTHERMAL POWER MARKET BY REGION
8.1. Introduction
8.2. Europe
8.2.1. Germany
8.2.2. United Kingdom
8.2.3. France
8.2.4. Italy
8.2.5. Spain
8.2.6. Russia
8.2.7. Netherlands
8.2.8. Rest of the Europe
8.3. North America
8.3.1. United States
8.3.2. Canada
8.4. Asia Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. Indonesia
8.4.7. Rest of the Asia Pacific
8.5. Latin America
8.5.1. Mexico
8.5.2. Brazil
8.5.3. Argentina
8.5.4. Rest of Latin America
8.6. Middle East & Africa
8.6.1. Saudi Arabia
8.6.2. Turkey
8.6.3. Iran
8.6.4. United Arab Emirates
8.6.5. Rest of Middle East & Africa
9. SWOT ANALYSIS
10. PORTER’S FIVE FORCES
11. MARKET VALUE CHAIN ANALYSIS
12. COMPETITIVE LANDSCAPE
12.1. Competitive Scenario
12.2. Company Profiles
12.2.1. ABB
12.2.2. CALPINE
12.2.3. EDF
12.2.4. ENEL SPA
12.2.5. GENERAL ELECTRIC
12.2.6. GRADIENT RESOURCES
12.2.7. KOREA ELECTRIC POWER CORPORTION
12.2.8. MITSUBISHI HITACHI POWER SYSTEMS
12.2.9. ORMAT
12.2.10. SIEMENS AG
12.2.11. TATA POWER
12.2.12. TOSHIBA CORPORATION
12.2.13. YOKOGAWA ELECTRIC COPORATION
LIST OF TABLES
Table 1: Global Geothermal Power Market Portraiture
Table 2: Global Geothermal Power Market by Power Output (in US$ Million), 2022 & 2030
Table 3: Global Geothermal Power Market by Type (in US$ Million), 2022 & 2030
Table 4: Global Geothermal Power Market by Application (in US$ Million), 2022 & 2030
Table 5: Global Geothermal Power Market by Region (in US$ Million), 2022 & 2030
Table 6: Europe Geothermal Power Market by Country (in US$ Million), 2022 & 2030
Table 7: North America Geothermal Power Market by Country (in US$ Million), 2022 & 2030
Table 8: Asia Pacific Geothermal Power Market by Country (in US$ Million), 2022 & 2030
Table 9: Latin America Geothermal Power Market by Country (in US$ Million), 2022 & 2030
Table 10: Middle East & Africa Geothermal Power Market by Country (in US$ Million), 2022 & 2030
Table 11: List of Key Players
Table 1: Global Geothermal Power Market Portraiture
Table 2: Global Geothermal Power Market by Power Output (in US$ Million), 2022 & 2030
Table 3: Global Geothermal Power Market by Type (in US$ Million), 2022 & 2030
Table 4: Global Geothermal Power Market by Application (in US$ Million), 2022 & 2030
Table 5: Global Geothermal Power Market by Region (in US$ Million), 2022 & 2030
Table 6: Europe Geothermal Power Market by Country (in US$ Million), 2022 & 2030
Table 7: North America Geothermal Power Market by Country (in US$ Million), 2022 & 2030
Table 8: Asia Pacific Geothermal Power Market by Country (in US$ Million), 2022 & 2030
Table 9: Latin America Geothermal Power Market by Country (in US$ Million), 2022 & 2030
Table 10: Middle East & Africa Geothermal Power Market by Country (in US$ Million), 2022 & 2030
Table 11: List of Key Players
LIST OF FIGURES
Figure 1: Global Geothermal Power Market (in US$ Million), 2018-2022
Figure 2: Global Geothermal Power Market by Power Output, 2022
Figure 3: Global Geothermal Power Market by Type, 2022
Figure 4: Global Geothermal Power Market by Application, 2022
Figure 5: Global Geothermal Power Market by Region, 2022
Figure 6: Global Geothermal Power Market (in US$ Million), 2023-2030
Figure 7: Global Geothermal Power Market by Power Output (in %), 2022 & 2030
Figure 8: Global <5MW Geothermal Power Market (in US$ Million), 2018-2022
Figure 9: Global <5MW Geothermal Power Market (in US$ Million), 2023-2030
Figure 10: Global >5MW Geothermal Power Market (in US$ Million), 2018-2022
Figure 11: Global >5MW Geothermal Power Market (in US$ Million), 2023-2030
Figure 12: Global Geothermal Power Market by Type (in %), 2022 & 2030
Figure 13: Global Binary Cycle Power Plant Geothermal Power Market (in US$ Million), 2018-2022
Figure 14: Global Binary Cycle Power Plant Geothermal Power Market (in US$ Million), 2023-2030
Figure 15: Global Flash Steam Plant Geothermal Power Market (in US$ Million), 2018-2022
Figure 16: Global Flash Steam Plant Geothermal Power Market (in US$ Million), 2023-2030
Figure 17: Global Dry Steam Plant Geothermal Power Market (in US$ Million), 2018-2022
Figure 18: Global Dry Steam Plant Geothermal Power Market (in US$ Million), 2023-2030
Figure 19: Global Geothermal Power Market by Application (in %), 2022 & 2030
Figure 20: Global Residential Geothermal Power Market (in US$ Million), 2018-2022
Figure 21: Global Residential Geothermal Power Market (in US$ Million), 2023-2030
Figure 22: Global Commercial Geothermal Power Market (in US$ Million), 2018-2022
Figure 23: Global Commercial Geothermal Power Market (in US$ Million), 2023-2030
Figure 24: Global Industrial Geothermal Power Market (in US$ Million), 2018-2022
Figure 25: Global Industrial Geothermal Power Market (in US$ Million), 2023-2030
Figure 26: Global Others Geothermal Power Market (in US$ Million), 2018-2022
Figure 27: Global Others Geothermal Power Market (in US$ Million), 2023-2030
Figure 28: Global Geothermal Power Market by Region (in %), 2022 & 2030
Figure 29: Europe Geothermal Power Market (in US$ Million), 2018-2022
Figure 30: Europe Geothermal Power Market (in US$ Million), 2023-2030
Figure 31: Europe Geothermal Power Market by Country (in %), 2022 & 2030
Figure 32: Germany Geothermal Power Market (in US$ Million), 2018-2030
Figure 33: United Kingdom Geothermal Power Market (in US$ Million), 2018-2030
Figure 34: France Geothermal Power Market (in US$ Million), 2018-2030
Figure 35: Italy Geothermal Power Market (in US$ Million), 2018-2030
Figure 36: Spain Geothermal Power Market (in US$ Million), 2018-2030
Figure 37: Russia Geothermal Power Market (in US$ Million), 2018-2030
Figure 38: Netherlands Geothermal Power Market (in US$ Million), 2018-2030
Figure 39: North America Geothermal Power Market (in US$ Million), 2018-2022
Figure 40: North America Geothermal Power Market (in US$ Million), 2023-2030
Figure 41: North America Geothermal Power Market by Country (in %), 2022 & 2030
Figure 42: United States Geothermal Power Market (in US$ Million), 2018-2030
Figure 43: Canada Geothermal Power Market (in US$ Million), 2018-2030
Figure 44: Asia Pacific Geothermal Power Market (in US$ Million), 2018-2022
Figure 45: Asia Pacific Geothermal Power Market (in US$ Million), 2023-2030
Figure 46: Asia Pacific Geothermal Power Market by Country (in %), 2022 & 2030
Figure 47: China Geothermal Power Market (in US$ Million), 2018-2030
Figure 48: Japan Geothermal Power Market (in US$ Million), 2018-2030
Figure 49: India Geothermal Power Market (in US$ Million), 2018-2030
Figure 50: South Korea Geothermal Power Market (in US$ Million), 2018-2030
Figure 51: Australia Geothermal Power Market (in US$ Million), 2018-2030
Figure 52: Indonesia Geothermal Power Market (in US$ Million), 2018-2030
Figure 53: Latin America Geothermal Power Market (in US$ Million), 2018-2022
Figure 54: Latin America Geothermal Power Market (in US$ Million), 2023-2030
Figure 55: Latin America Geothermal Power Market by Country (in %), 2022 & 2030
Figure 56: Mexico Geothermal Power Market (in US$ Million), 2018-2030
Figure 57: Brazil Geothermal Power Market (in US$ Million), 2018-2030
Figure 58: Argentina Geothermal Power Market (in US$ Million), 2018-2030
Figure 59: Middle East & Africa Geothermal Power Market (in US$ Million), 2018-2022
Figure 60: Middle East & Africa Geothermal Power Market (in US$ Million), 2023-2030
Figure 61: Middle East & Africa Geothermal Power Market by Country (in %), 2022 & 2030
Figure 62: Saudi Arabia Geothermal Power Market (in US$ Million), 2018-2030
Figure 63: Turkey Geothermal Power Market (in US$ Million), 2018-2030
Figure 64: Iran Geothermal Power Market (in US$ Million), 2018-2030
Figure 65: UAE Geothermal Power Market (in US$ Million), 2018-2030
Figure 66: Market Value Chain
Figure 1: Global Geothermal Power Market (in US$ Million), 2018-2022
Figure 2: Global Geothermal Power Market by Power Output, 2022
Figure 3: Global Geothermal Power Market by Type, 2022
Figure 4: Global Geothermal Power Market by Application, 2022
Figure 5: Global Geothermal Power Market by Region, 2022
Figure 6: Global Geothermal Power Market (in US$ Million), 2023-2030
Figure 7: Global Geothermal Power Market by Power Output (in %), 2022 & 2030
Figure 8: Global <5MW Geothermal Power Market (in US$ Million), 2018-2022
Figure 9: Global <5MW Geothermal Power Market (in US$ Million), 2023-2030
Figure 10: Global >5MW Geothermal Power Market (in US$ Million), 2018-2022
Figure 11: Global >5MW Geothermal Power Market (in US$ Million), 2023-2030
Figure 12: Global Geothermal Power Market by Type (in %), 2022 & 2030
Figure 13: Global Binary Cycle Power Plant Geothermal Power Market (in US$ Million), 2018-2022
Figure 14: Global Binary Cycle Power Plant Geothermal Power Market (in US$ Million), 2023-2030
Figure 15: Global Flash Steam Plant Geothermal Power Market (in US$ Million), 2018-2022
Figure 16: Global Flash Steam Plant Geothermal Power Market (in US$ Million), 2023-2030
Figure 17: Global Dry Steam Plant Geothermal Power Market (in US$ Million), 2018-2022
Figure 18: Global Dry Steam Plant Geothermal Power Market (in US$ Million), 2023-2030
Figure 19: Global Geothermal Power Market by Application (in %), 2022 & 2030
Figure 20: Global Residential Geothermal Power Market (in US$ Million), 2018-2022
Figure 21: Global Residential Geothermal Power Market (in US$ Million), 2023-2030
Figure 22: Global Commercial Geothermal Power Market (in US$ Million), 2018-2022
Figure 23: Global Commercial Geothermal Power Market (in US$ Million), 2023-2030
Figure 24: Global Industrial Geothermal Power Market (in US$ Million), 2018-2022
Figure 25: Global Industrial Geothermal Power Market (in US$ Million), 2023-2030
Figure 26: Global Others Geothermal Power Market (in US$ Million), 2018-2022
Figure 27: Global Others Geothermal Power Market (in US$ Million), 2023-2030
Figure 28: Global Geothermal Power Market by Region (in %), 2022 & 2030
Figure 29: Europe Geothermal Power Market (in US$ Million), 2018-2022
Figure 30: Europe Geothermal Power Market (in US$ Million), 2023-2030
Figure 31: Europe Geothermal Power Market by Country (in %), 2022 & 2030
Figure 32: Germany Geothermal Power Market (in US$ Million), 2018-2030
Figure 33: United Kingdom Geothermal Power Market (in US$ Million), 2018-2030
Figure 34: France Geothermal Power Market (in US$ Million), 2018-2030
Figure 35: Italy Geothermal Power Market (in US$ Million), 2018-2030
Figure 36: Spain Geothermal Power Market (in US$ Million), 2018-2030
Figure 37: Russia Geothermal Power Market (in US$ Million), 2018-2030
Figure 38: Netherlands Geothermal Power Market (in US$ Million), 2018-2030
Figure 39: North America Geothermal Power Market (in US$ Million), 2018-2022
Figure 40: North America Geothermal Power Market (in US$ Million), 2023-2030
Figure 41: North America Geothermal Power Market by Country (in %), 2022 & 2030
Figure 42: United States Geothermal Power Market (in US$ Million), 2018-2030
Figure 43: Canada Geothermal Power Market (in US$ Million), 2018-2030
Figure 44: Asia Pacific Geothermal Power Market (in US$ Million), 2018-2022
Figure 45: Asia Pacific Geothermal Power Market (in US$ Million), 2023-2030
Figure 46: Asia Pacific Geothermal Power Market by Country (in %), 2022 & 2030
Figure 47: China Geothermal Power Market (in US$ Million), 2018-2030
Figure 48: Japan Geothermal Power Market (in US$ Million), 2018-2030
Figure 49: India Geothermal Power Market (in US$ Million), 2018-2030
Figure 50: South Korea Geothermal Power Market (in US$ Million), 2018-2030
Figure 51: Australia Geothermal Power Market (in US$ Million), 2018-2030
Figure 52: Indonesia Geothermal Power Market (in US$ Million), 2018-2030
Figure 53: Latin America Geothermal Power Market (in US$ Million), 2018-2022
Figure 54: Latin America Geothermal Power Market (in US$ Million), 2023-2030
Figure 55: Latin America Geothermal Power Market by Country (in %), 2022 & 2030
Figure 56: Mexico Geothermal Power Market (in US$ Million), 2018-2030
Figure 57: Brazil Geothermal Power Market (in US$ Million), 2018-2030
Figure 58: Argentina Geothermal Power Market (in US$ Million), 2018-2030
Figure 59: Middle East & Africa Geothermal Power Market (in US$ Million), 2018-2022
Figure 60: Middle East & Africa Geothermal Power Market (in US$ Million), 2023-2030
Figure 61: Middle East & Africa Geothermal Power Market by Country (in %), 2022 & 2030
Figure 62: Saudi Arabia Geothermal Power Market (in US$ Million), 2018-2030
Figure 63: Turkey Geothermal Power Market (in US$ Million), 2018-2030
Figure 64: Iran Geothermal Power Market (in US$ Million), 2018-2030
Figure 65: UAE Geothermal Power Market (in US$ Million), 2018-2030
Figure 66: Market Value Chain