Geothermal Energy Global Market Report 2025

Geothermal Energy Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on geothermal energy market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Description:

Where is the largest and fastest growing market for geothermal energy ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The geothermal energy market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope

Markets Covered:1) By Technology: Binary Cycle Plants; Flash Steam Plants; Dry Steam Plants; Ground Source Heat Pumps; Direct Systems; Other Technologies

2) By Application: Power Generation; Residential Heating And Cooling; Commercial Heating And Cooling

3) By End Use: Industrial; Residential; Commercial

Subsegments:

1) By Binary Cycle Plants: Organic Rankine Cycle (ORC) Systems; Dual-Flash Binary Cycle Systems; Other Binary Cycle Technologies

2) By Flash Steam Plants: Single-Flash Steam Systems; Double-Flash Steam Systems

3) By Dry Steam Plants: Conventional Dry Steam Systems; Enhanced Dry Steam Systems

3) By Ground Source Heat Pumps: Closed-Loop Ground Source Heat Pumps; Open-Loop Ground Source Heat Pumps

4) By Direct Systems: Direct Use Applications (Heating And Cooling); District Heating Systems

5) By Other Technologies: Enhanced Geothermal Systems (EGS); Hybrid Systems (Geothermal + Other Renewable Energy); Other Emerging Geothermal Technologies

Companies Mentioned: Berkshire Hathaway Energy; Chevron Corporation; Mitsubishi Corporation; Enel Group; Engie SA

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.


1. Executive Summary
2. Geothermal Energy Market Characteristics
3. Geothermal Energy Market Trends And Strategies
4. Geothermal Energy Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market
5. Global Geothermal Energy Growth Analysis And Strategic Analysis Framework
5.1. Global Geothermal Energy PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Geothermal Energy Market Growth Rate Analysis
5.4. Global Geothermal Energy Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Geothermal Energy Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Geothermal Energy Total Addressable Market (TAM)
6. Geothermal Energy Market Segmentation
6.1. Global Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Binary Cycle Plants
Flash Steam Plants
Dry Steam Plants
Ground Source Heat Pumps
Direct Systems
Other Technologies
6.2. Global Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Power Generation
Residential Heating And Cooling
Commercial Heating And Cooling
6.3. Global Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Industrial
Residential
Commercial
6.4. Global Geothermal Energy Market, Sub-Segmentation Of Binary Cycle Plants, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Organic Rankine Cycle (ORC) Systems
Dual-Flash Binary Cycle Systems
Other Binary Cycle Technologies
6.5. Global Geothermal Energy Market, Sub-Segmentation Of Flash Steam Plants, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Single-Flash Steam Systems
Double-Flash Steam Systems
6.6. Global Geothermal Energy Market, Sub-Segmentation Of Dry Steam Plants, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Conventional Dry Steam Systems
Enhanced Dry Steam Systems
6.7. Global Geothermal Energy Market, Sub-Segmentation Of Ground Source Heat Pumps, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Closed-Loop Ground Source Heat Pumps
Open-Loop Ground Source Heat Pumps
6.8. Global Geothermal Energy Market, Sub-Segmentation Of Direct Systems, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Direct Use Applications (Heating And Cooling)
District Heating Systems
6.9. Global Geothermal Energy Market, Sub-Segmentation Of Other Technologies, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Enhanced Geothermal Systems (EGS)
Hybrid Systems (Geothermal + Other Renewable Energy)
Other Emerging Geothermal Technologies
7. Geothermal Energy Market Regional And Country Analysis
7.1. Global Geothermal Energy Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Geothermal Energy Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Geothermal Energy Market
8.1. Asia-Pacific Geothermal Energy Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Geothermal Energy Market
9.1. China Geothermal Energy Market Overview
9.2. China Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Geothermal Energy Market
10.1. India Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Geothermal Energy Market
11.1. Japan Geothermal Energy Market Overview
11.2. Japan Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Geothermal Energy Market
12.1. Australia Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Geothermal Energy Market
13.1. Indonesia Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Geothermal Energy Market
14.1. South Korea Geothermal Energy Market Overview
14.2. South Korea Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Geothermal Energy Market
15.1. Western Europe Geothermal Energy Market Overview
15.2. Western Europe Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Geothermal Energy Market
16.1. UK Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Geothermal Energy Market
17.1. Germany Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Geothermal Energy Market
18.1. France Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Geothermal Energy Market
19.1. Italy Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Geothermal Energy Market
20.1. Spain Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Geothermal Energy Market
21.1. Eastern Europe Geothermal Energy Market Overview
21.2. Eastern Europe Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Geothermal Energy Market
22.1. Russia Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Geothermal Energy Market
23.1. North America Geothermal Energy Market Overview
23.2. North America Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Geothermal Energy Market
24.1. USA Geothermal Energy Market Overview
24.2. USA Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Geothermal Energy Market
25.1. Canada Geothermal Energy Market Overview
25.2. Canada Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Geothermal Energy Market
26.1. South America Geothermal Energy Market Overview
26.2. South America Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Geothermal Energy Market
27.1. Brazil Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Geothermal Energy Market
28.1. Middle East Geothermal Energy Market Overview
28.2. Middle East Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Geothermal Energy Market
29.1. Africa Geothermal Energy Market Overview
29.2. Africa Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Geothermal Energy Market Competitive Landscape And Company Profiles
30.1. Geothermal Energy Market Competitive Landscape
30.2. Geothermal Energy Market Company Profiles
30.2.1. Berkshire Hathaway Energy Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Chevron Corporation Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Mitsubishi Corporation Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Enel Group Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Engie SA Overview, Products and Services, Strategy and Financial Analysis
31. Geothermal Energy Market Other Major And Innovative Companies
31.1. Siemens AG
31.2. General Electric Group
31.3. KEPCO Group
31.4. PT. Pertamina Geothermal Energy
31.5. Asea Brown Boveri Ltd
31.6. Toshiba International Corporation
31.7. Calpine Corporation
31.8. Tetra Tech Inc
31.9. Aboitiz Power Corporation
31.10. First Gen Corporation
31.11. Ormat Technologies
31.12. Energy Development Corporation
31.13. EthosEnergy Group
31.14. Therma Source LLC
31.15. Sarulla Operations Ltd
32. Global Geothermal Energy Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Geothermal Energy Market
34. Recent Developments In The Geothermal Energy Market
35. Geothermal Energy Market High Potential Countries, Segments and Strategies
35.1 Geothermal Energy Market In 2029 - Countries Offering Most New Opportunities
35.2 Geothermal Energy Market In 2029 - Segments Offering Most New Opportunities
35.3 Geothermal Energy Market In 2029 - 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

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