Global Geothermal Energy Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

Summary

According to APO Research, The global Geothermal Energy market is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Geothermal Energy is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Geothermal Energy is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The China market for Geothermal Energy is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Geothermal Energy is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global companies of Geothermal Energy include Energy Development, Comisión Federal de Electricidad, Ormat, Enel Green Power, Calpine, KenGen, Pertamina Geothermal Energy, Contact Energy and Orkuveita Reykjavikur, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Includes


This report presents an overview of global market for Geothermal Energy, market size. Analyses of the global market trends, with historic market revenue data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.

This report researches the key producers of Geothermal Energy, also provides the revenue of main regions and countries. Of the upcoming market potential for Geothermal Energy, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Geothermal Energy revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Geothermal Energy market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2020 to 2031. Evaluation and forecast the market size for Geothermal Energy revenue, projected growth trends, production technology, application and end-user industry.


Geothermal Energy Segment by Company

Energy Development
Comisión 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

Geothermal Energy Segment by Type

Hydrothermal Geothermal Energy
Hot Dry Rock Geothermal Energy

Geothermal Energy Segment by Application

Direct Use
Geothermal Power

Geothermal Energy Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Geothermal Energy market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Geothermal Energy and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Geothermal Energy.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. Revenue of Geothermal Energy in global and regional 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, and capacity of each country in the world. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Geothermal Energy industry.
Chapter 3: Detailed analysis of Geothermal Energy companies' competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the revenue, 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 revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Geothermal Energyrevenue, gross margin, and recent development, etc.
Chapter 7: North America (US & Canada) by type, by application and by country, revenue for each segment.
Chapter 8: Europe by type, by application and by country, revenue for each segment.
Chapter 9: China by type, and by application, revenue for each segment.
Chapter 10: Asia (excluding China) by type, by application and by region, revenue for each segment.
Chapter 11: South America, Middle East & Africa by type, by application and by country, revenue for each segment.
Chapter 12: Concluding Insights of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview
1.1 Product Definition
1.2 Market Analysis by Type
1.2.1 Global Geothermal Energy Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Hydrothermal Geothermal Energy
1.2.3 Hot Dry Rock Geothermal Energy
1.3 Market Analysis by Application
1.3.1 Global Geothermal Energy Market Size Growth Rate by Application: 2020 VS 2024 VS 2031
1.3.2 Direct Use
1.3.3 Geothermal Power
1.4 Global Market Growth Prospects
1.5 Global Geothermal Energy Growth Trends by Region
1.5.1 Global Geothermal Energy Market Size by Region: 2020 VS 2024 VS 2031
1.5.2 Geothermal Energy Market Size by Region (2020-2025)
1.5.3 Geothermal Energy Market Size by Region (2026-2031)
1.6 Assumptions and Limitations
1.7 Study Goals and Objectives
1.8 Years Considered
2 Global Geothermal Energy Market Dynamics
2.1 Geothermal Energy Industry Trends
2.2 Geothermal Energy Industry Drivers
2.3 Geothermal Energy Industry Opportunities and Challenges
2.4 Geothermal Energy Industry Restraints
3 Competitive Landscape by Company
3.1 Global Geothermal Energy Revenue by Company (2020-2025)
3.2 Global Geothermal Energy Players Revenue Ranking, 2023 VS 2024 VS 2025
3.3 Global Geothermal Energy Key Company Head office and Area Served
3.4 Global Geothermal Energy Company, Product Type & Application
3.5 Global Geothermal Energy Company Establishment Date
3.6 Market Competitive Analysis
3.6.1 Global Geothermal Energy Market CR5 and HHI
3.6.2 Global Top 5 and 10 Geothermal Energy Players Market Share by Revenue in 2024
3.6.3 2024 Geothermal Energy Tier 1, Tier 2, and Tier 3
4 Geothermal Energy Market by Type
4.1 Global Geothermal Energy Market Size by Type (2020 VS 2024 VS 2031)
4.2 Global Geothermal Energy Market Size by Type (2020-2031)
4.3 Global Geothermal Energy Market Size Share by Type (2020-2031)
5 Geothermal Energy Market by Application
5.1 Global Geothermal Energy Market Size by Application (2020 VS 2024 VS 2031)
5.2 Global Geothermal Energy Market Size by Application (2020-2031)
5.3 Global Geothermal Energy Market Size Share by Application (2020-2031)
6 Company Profiles
6.1 Energy Development
6.1.1 Energy Development Comapny Information
6.1.2 Energy Development Business Overview
6.1.3 Energy Development Geothermal Energy Revenue and Gross Margin (US$ Million) & (2020-2025)
6.1.4 Energy Development Geothermal Energy Product Portfolio
6.1.5 Energy Development Recent Developments
6.2 Comisión Federal de Electricidad
6.2.1 Comisión Federal de Electricidad Comapny Information
6.2.2 Comisión Federal de Electricidad Business Overview
6.2.3 Comisión Federal de Electricidad Geothermal Energy Revenue and Gross Margin (US$ Million) & (2020-2025)
6.2.4 Comisión Federal de Electricidad Geothermal Energy Product Portfolio
6.2.5 Comisión Federal de Electricidad Recent Developments
6.3 Ormat
6.3.1 Ormat Comapny Information
6.3.2 Ormat Business Overview
6.3.3 Ormat Geothermal Energy Revenue and Gross Margin (US$ Million) & (2020-2025)
6.3.4 Ormat Geothermal Energy Product Portfolio
6.3.5 Ormat Recent Developments
6.4 Enel Green Power
6.4.1 Enel Green Power Comapny Information
6.4.2 Enel Green Power Business Overview
6.4.3 Enel Green Power Geothermal Energy Revenue and Gross Margin (US$ Million) & (2020-2025)
6.4.4 Enel Green Power Geothermal Energy Product Portfolio
6.4.5 Enel Green Power Recent Developments
6.5 Calpine
6.5.1 Calpine Comapny Information
6.5.2 Calpine Business Overview
6.5.3 Calpine Geothermal Energy Revenue and Gross Margin (US$ Million) & (2020-2025)
6.5.4 Calpine Geothermal Energy Product Portfolio
6.5.5 Calpine Recent Developments
6.6 KenGen
6.6.1 KenGen Comapny Information
6.6.2 KenGen Business Overview
6.6.3 KenGen Geothermal Energy Revenue and Gross Margin (US$ Million) & (2020-2025)
6.6.4 KenGen Geothermal Energy Product Portfolio
6.6.5 KenGen Recent Developments
6.7 Pertamina Geothermal Energy
6.7.1 Pertamina Geothermal Energy Comapny Information
6.7.2 Pertamina Geothermal Energy Business Overview
6.7.3 Pertamina Geothermal Energy Geothermal Energy Revenue and Gross Margin (US$ Million) & (2020-2025)
6.7.4 Pertamina Geothermal Energy Geothermal Energy Product Portfolio
6.7.5 Pertamina Geothermal Energy Recent Developments
6.8 Contact Energy
6.8.1 Contact Energy Comapny Information
6.8.2 Contact Energy Business Overview
6.8.3 Contact Energy Geothermal Energy Revenue and Gross Margin (US$ Million) & (2020-2025)
6.8.4 Contact Energy Geothermal Energy Product Portfolio
6.8.5 Contact Energy Recent Developments
6.9 Orkuveita Reykjavikur
6.9.1 Orkuveita Reykjavikur Comapny Information
6.9.2 Orkuveita Reykjavikur Business Overview
6.9.3 Orkuveita Reykjavikur Geothermal Energy Revenue and Gross Margin (US$ Million) & (2020-2025)
6.9.4 Orkuveita Reykjavikur Geothermal Energy Product Portfolio
6.9.5 Orkuveita Reykjavikur Recent Developments
6.10 Star Energy Ltd
6.10.1 Star Energy Ltd Comapny Information
6.10.2 Star Energy Ltd Business Overview
6.10.3 Star Energy Ltd Geothermal Energy Revenue and Gross Margin (US$ Million) & (2020-2025)
6.10.4 Star Energy Ltd Geothermal Energy Product Portfolio
6.10.5 Star Energy Ltd Recent Developments
6.11 Berkshire Hathaway Energy
6.11.1 Berkshire Hathaway Energy Comapny Information
6.11.2 Berkshire Hathaway Energy Business Overview
6.11.3 Berkshire Hathaway Energy Geothermal Energy Revenue and Gross Margin (US$ Million) & (2020-2025)
6.11.4 Berkshire Hathaway Energy Geothermal Energy Product Portfolio
6.11.5 Berkshire Hathaway Energy Recent Developments
6.12 Northern California Power Agency
6.12.1 Northern California Power Agency Comapny Information
6.12.2 Northern California Power Agency Business Overview
6.12.3 Northern California Power Agency Geothermal Energy Revenue and Gross Margin (US$ Million) & (2020-2025)
6.12.4 Northern California Power Agency Geothermal Energy Product Portfolio
6.12.5 Northern California Power Agency Recent Developments
6.13 HS Orka
6.13.1 HS Orka Comapny Information
6.13.2 HS Orka Business Overview
6.13.3 HS Orka Geothermal Energy Revenue and Gross Margin (US$ Million) & (2020-2025)
6.13.4 HS Orka Geothermal Energy Product Portfolio
6.13.5 HS Orka Recent Developments
6.14 Cyrq Energy
6.14.1 Cyrq Energy Comapny Information
6.14.2 Cyrq Energy Business Overview
6.14.3 Cyrq Energy Geothermal Energy Revenue and Gross Margin (US$ Million) & (2020-2025)
6.14.4 Cyrq Energy Geothermal Energy Product Portfolio
6.14.5 Cyrq Energy Recent Developments
7 North America
7.1 North America Geothermal Energy Market Size (2020-2031)
7.2 North America Geothermal Energy Market Size by Type
7.2.1 North America Geothermal Energy Market Size by Type (2020-2025)
7.2.2 North America Geothermal Energy Market Size by Type (2026-2031)
7.2.3 North America Geothermal Energy Market Share by Type (2020-2031)
7.3 North America Geothermal Energy Market Size by Application
7.3.1 North America Geothermal Energy Market Size by Application (2020-2025)
7.3.2 North America Geothermal Energy Market Size by Application (2026-2031)
7.3.3 North America Geothermal Energy Market Share by Application (2020-2031)
7.4 North America Geothermal Energy Market Size by Country
7.4.1 North America Geothermal Energy Market Size by Country (2020 VS 2024 VS 2031)
7.4.2 North America Geothermal Energy Market Size by Country (2020-2025)
7.4.3 North America Geothermal Energy Market Size by Country (2026-2031)
7.4.4 North America Geothermal Energy Market Share by Country (2020-2031)
7.4.5 United States
7.4.6 Canada
7.4.7 Mexico
8 Europe
8.1 Europe Geothermal Energy Market Size (2020-2031)
8.2 Europe Geothermal Energy Market Size by Type
8.2.1 Europe Geothermal Energy Market Size by Type (2020-2025)
8.2.2 Europe Geothermal Energy Market Size by Type (2026-2031)
8.2.3 Europe Geothermal Energy Market Share by Type (2020-2031)
8.3 Europe Geothermal Energy Market Size by Application
8.3.1 Europe Geothermal Energy Market Size by Application (2020-2025)
8.3.2 Europe Geothermal Energy Market Size by Application (2026-2031)
8.3.3 Europe Geothermal Energy Market Share by Application (2020-2031)
8.4 Europe Geothermal Energy Market Size by Country
8.4.1 Europe Geothermal Energy Market Size by Country (2020 VS 2024 VS 2031)
8.4.2 Europe Geothermal Energy Market Size by Country (2020-2025)
8.4.3 Europe Geothermal Energy Market Size by Country (2026-2031)
8.4.4 Europe Geothermal Energy Market Share by Country (2020-2031)
8.4.5 Germany
8.4.6 France
8.4.7 U.K.
8.4.8 Italy
8.4.9 Russia
8.4.10 Nordic Countries
9 China
9.1 China Geothermal Energy Market Size (2020-2031)
9.2 China Geothermal Energy Market Size by Type
9.2.1 China Geothermal Energy Market Size by Type (2020-2025)
9.2.2 China Geothermal Energy Market Size by Type (2026-2031)
9.2.3 China Geothermal Energy Market Share by Type (2020-2031)
9.3 China Geothermal Energy Market Size by Application
9.3.1 China Geothermal Energy Market Size by Application (2020-2025)
9.3.2 China Geothermal Energy Market Size by Application (2026-2031)
9.3.3 China Geothermal Energy Market Share by Application (2020-2031)
10 Asia (Excluding China)
10.1 Asia Geothermal Energy Market Size (2020-2031)
10.2 Asia Geothermal Energy Market Size by Type
10.2.1 Asia Geothermal Energy Market Size by Type (2020-2025)
10.2.2 Asia Geothermal Energy Market Size by Type (2026-2031)
10.2.3 Asia Geothermal Energy Market Share by Type (2020-2031)
10.3 Asia Geothermal Energy Market Size by Application
10.3.1 Asia Geothermal Energy Market Size by Application (2020-2025)
10.3.2 Asia Geothermal Energy Market Size by Application (2026-2031)
10.3.3 Asia Geothermal Energy Market Share by Application (2020-2031)
10.4 Asia Geothermal Energy Market Size by Country
10.4.1 Asia Geothermal Energy Market Size by Country (2020 VS 2024 VS 2031)
10.4.2 Asia Geothermal Energy Market Size by Country (2020-2025)
10.4.3 Asia Geothermal Energy Market Size by Country (2026-2031)
10.4.4 Asia Geothermal Energy Market Share by Country (2020-2031)
10.4.5 Japan
10.4.6 South Korea
10.4.7 Taiwan
10.4.8 Southeast Asia
10.4.9 India
10.4.10 Australia
11 South America, Middle East & Africa
11.1 South America, Middle East & Africa Geothermal Energy Market Size (2020-2031)
11.2 South America, Middle East & Africa Geothermal Energy Market Size by Type
11.2.1 South America, Middle East & Africa Geothermal Energy Market Size by Type (2020-2025)
11.2.2 South America, Middle East & Africa Geothermal Energy Market Size by Type (2026-2031)
11.2.3 South America, Middle East & Africa Geothermal Energy Market Share by Type (2020-2031)
11.3 South America, Middle East & Africa Geothermal Energy Market Size by Application
11.3.1 South America, Middle East & Africa Geothermal Energy Market Size by Application (2020-2025)
11.3.2 South America, Middle East & Africa Geothermal Energy Market Size by Application (2026-2031)
11.3.3 South America, Middle East & Africa Geothermal Energy Market Share by Application (2020-2031)
11.4 South America, Middle East & Africa Geothermal Energy Market Size by Country
11.4.1 South America, Middle East & Africa Geothermal Energy Market Size by Country (2020 VS 2024 VS 2031)
11.4.2 South America, Middle East & Africa Geothermal Energy Market Size by Country (2020-2025)
11.4.3 South America, Middle East & Africa Geothermal Energy Market Size by Country (2026-2031)
11.4.4 South America, Middle East & Africa Geothermal Energy Market Share by Country (2020-2031)
11.4.5 Brazil
11.4.6 South Africa
11.4.7 Saudi Arabia
11.4.8 Turkey
11.4.9 Argentina
11.4.9 UAE
11.4.9 Egypt
11.4.9 Chile
12 Concluding Insights
13 Appendix
13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
13.5.1 Secondary Sources
13.5.2 Primary Sources
13.6 Disclaimer

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