Global Geothermal Power Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Geothermal Power Market Size, Manufacturers, Opportunities and Forecast to 2030


Geothermal power generation refers to taking geothermal energy as the power source to drive the generator to generate electricity. Geothermal power generation technology can be divided into dry steam, flash steam and binary cycle power plant and others. At present, 29 countries or regions in the world have geothermal power generation operation, with a total installed capacity of 15400 MW by the end of 2019. The countries with the largest installed capacity include the United States, Indonesia, the Philippines, New Zealand, etc.

According to APO Research, The global Geothermal Power market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global core geothermal power manufacturers include Energy Development, Comisión 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%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Geothermal Power, 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.

The Geothermal Power market size, estimations, and forecasts are provided in terms of sales volume (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Geothermal Power market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

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 Power segment by Type

Dry Steam Stations
Flash Steam Power Stations
Binary Cycle Stations

Geothermal Power segment by Application

Residential
Industrial
Others

Geothermal Power Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

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 Power 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 Power 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 Power.
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 study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Geothermal Power manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Geothermal Power in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: 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 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Geothermal Power Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Geothermal Power Sales Estimates and Forecasts (2019-2030)
1.3 Geothermal Power Market by Type
1.3.1 Dry Steam Stations
1.3.2 Flash Steam Power Stations
1.3.3 Binary Cycle Stations
1.4 Global Geothermal Power Market Size by Type
1.4.1 Global Geothermal Power Market Size Overview by Type (2019-2030)
1.4.2 Global Geothermal Power Historic Market Size Review by Type (2019-2024)
1.4.3 Global Geothermal Power Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Geothermal Power Sales Breakdown by Type (2019-2024)
1.5.2 Europe Geothermal Power Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Geothermal Power Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Geothermal Power Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Geothermal Power Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Geothermal Power Industry Trends
2.2 Geothermal Power Industry Drivers
2.3 Geothermal Power Industry Opportunities and Challenges
2.4 Geothermal Power Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Geothermal Power Revenue (2019-2024)
3.2 Global Top Players by Geothermal Power Sales (2019-2024)
3.3 Global Top Players by Geothermal Power Price (2019-2024)
3.4 Global Geothermal Power Industry Company Ranking, 20
22 VS 2023 VS 2024
3.5 Global Geothermal Power Key Company Manufacturing Sites & Headquarters
3.6 Global Geothermal Power Company, Product Type & Application
3.7 Global Geothermal Power Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Geothermal Power Market CR5 and HHI
3.8.2 Global Top 5 and
10 Geothermal Power Players Market Share by Revenue in 2023
3.8.3 20
23 Geothermal Power Tier 1, Tier 2, and Tier 3
4 Geothermal Power Regional Status and Outlook
4.1 Global Geothermal Power Market Size and CAGR by Region: 20
19 VS 2023 VS 2030
4.2 Global Geothermal Power Historic Market Size by Region
4.2.1 Global Geothermal Power Sales in Volume by Region (2019-2024)
4.2.2 Global Geothermal Power Sales in Value by Region (2019-2024)
4.2.3 Global Geothermal Power Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Geothermal Power Forecasted Market Size by Region
4.3.1 Global Geothermal Power Sales in Volume by Region (2025-2030)
4.3.2 Global Geothermal Power Sales in Value by Region (2025-2030)
4.3.3 Global Geothermal Power Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Geothermal Power by Application
5.1 Geothermal Power Market by Application
5.1.1 Residential
5.1.2 Industrial
5.1.3 Others
5.2 Global Geothermal Power Market Size by Application
5.2.1 Global Geothermal Power Market Size Overview by Application (2019-2030)
5.2.2 Global Geothermal Power Historic Market Size Review by Application (2019-2024)
5.2.3 Global Geothermal Power Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Geothermal Power Sales Breakdown by Application (2019-2024)
5.3.2 Europe Geothermal Power Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Geothermal Power Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Geothermal Power Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Geothermal Power Sales Breakdown by Application (2019-2024)
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 Power Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Energy Development Geothermal Power 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 Power Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Comisión Federal de Electricidad Geothermal Power 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 Power Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Ormat Geothermal Power 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 Power Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Enel Green Power Geothermal Power 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 Power Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Calpine Geothermal Power 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 Power Sales, Revenue and Gross Margin (2019-2024)
6.6.4 KenGen Geothermal Power 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 Power Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Pertamina Geothermal Energy Geothermal Power 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 Power Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Contact Energy Geothermal Power 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 Power Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Orkuveita Reykjavikur Geothermal Power 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 Power Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Star Energy Ltd Geothermal Power 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 Power Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Berkshire Hathaway Energy Geothermal Power 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 Power Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Northern California Power Agency Geothermal Power 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 Power Sales, Revenue and Gross Margin (2019-2024)
6.13.4 HS Orka Geothermal Power 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 Power Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Cyrq Energy Geothermal Power Product Portfolio
6.14.5 Cyrq Energy Recent Developments
7 North America by Country
7.1 North America Geothermal Power Sales by Country
7.1.1 North America Geothermal Power Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.1.2 North America Geothermal Power Sales by Country (2019-2024)
7.1.3 North America Geothermal Power Sales Forecast by Country (2025-2030)
7.2 North America Geothermal Power Market Size by Country
7.2.1 North America Geothermal Power Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.2.2 North America Geothermal Power Market Size by Country (2019-2024)
7.2.3 North America Geothermal Power Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Geothermal Power Sales by Country
8.1.1 Europe Geothermal Power Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.1.2 Europe Geothermal Power Sales by Country (2019-2024)
8.1.3 Europe Geothermal Power Sales Forecast by Country (2025-2030)
8.2 Europe Geothermal Power Market Size by Country
8.2.1 Europe Geothermal Power Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.2.2 Europe Geothermal Power Market Size by Country (2019-2024)
8.2.3 Europe Geothermal Power Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Geothermal Power Sales by Country
9.1.1 Asia-Pacific Geothermal Power Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.1.2 Asia-Pacific Geothermal Power Sales by Country (2019-2024)
9.1.3 Asia-Pacific Geothermal Power Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Geothermal Power Market Size by Country
9.2.1 Asia-Pacific Geothermal Power Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.2.2 Asia-Pacific Geothermal Power Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Geothermal Power Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Geothermal Power Sales by Country
10.1.1 Latin America Geothermal Power Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.1.2 Latin America Geothermal Power Sales by Country (2019-2024)
10.1.3 Latin America Geothermal Power Sales Forecast by Country (2025-2030)
10.2 Latin America Geothermal Power Market Size by Country
10.2.1 Latin America Geothermal Power Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.2.2 Latin America Geothermal Power Market Size by Country (2019-2024)
10.2.3 Latin America Geothermal Power Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Geothermal Power Sales by Country
11.1.1 Middle East and Africa Geothermal Power Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.1.2 Middle East and Africa Geothermal Power Sales by Country (2019-2024)
11.1.3 Middle East and Africa Geothermal Power Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Geothermal Power Market Size by Country
11.2.1 Middle East and Africa Geothermal Power Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.2.2 Middle East and Africa Geothermal Power Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Geothermal Power Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Geothermal Power Value Chain Analysis
12.1.1 Geothermal Power Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Geothermal Power Production Mode & Process
12.2 Geothermal Power Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Geothermal Power Distributors
12.2.3 Geothermal Power Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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