Geothermal Power Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,500	150 Pages	Coherent Market Insights	June, 2023	CMI18049134

Best Price Guarantee
Price	from $4,500
Length	150 Pages
Publisher	Coherent Market Insights
Published Date	June, 2023
SKU	CMI18049134

Geothermal Power Market, By Power Station Type (Dry Steam Power Stations, Flash Steam Power Stations, Binary Cycle Power Stations), By End Use (Residential, Commercial, Industrial, Others), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

Geothermal energy is a renewable resource that offers clean, reliable, and cost-effective power. This is because, unlike fossil fuels, it does not pollute the air or create greenhouse gasses that contribute to global warming. It can be produced in a variety of ways, depending on the type of geothermal system available. The most common are steam- and hot water-based power plants, often located near hot springs, volcanic activity, or tectonic plate boundaries. At these sites, energy is extracted from underground by pumping superheated water or steam to the surface. The steam flows through a turbine, drives a generator, and produces electricity. Water that is not used for electricity is returned to the underground reservoirs.

Market Dynamics:

The global geothermal power market is thriving with the advent of new technology and growing demand for renewable energy sources. Due to the rapid industrialization and urbanization in developing countries, there is a major need for electricity. Thus, the global geothermal power market is projected to grow at a high rate in the forecast period. Moreover, key players in the global geothermal power market are focusing on developing their production facilities to tap the potential of geothermal resources. Furthermore, increasing government policies to encourage the use of geothermal energy are another factor boosting growth of the market. These policies offer a variety of financial incentives to support the development and deployment of the power generation from geothermal resources.

On the other hand, high cost associated with the establishing power plant is expected to hamper the market growth.

Key features of the study:

This report provides in-depth analysis of the global geothermal power market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global geothermal power market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include ABB, EDF, Enel SPA (Enel), General Electric (GE), The Tata Power Company Limited, Mitsubishi Hitachi Power Systems Inc., Toshiba Corporation, Korea Electric Power Corporation, Siemens AG, and Yokogawa Electric Corporation

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global geothermal power market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global geothermal power market

Detailed Segmentation:

Global Geothermal Power Market, By Power Station Type

Dry Steam Power Stations

Flash Steam Power Stations

Binary Cycle Power Stations

Global Geothermal Power Market, By End Use

Residential

Commercial

Industrial

Others

Global Geothermal Power Market, By Region

North America

Europe

Asia Pacific

LAMEA

Company Profiles

ABB

EDF

Enel SPA (Enel)

General Electric (GE)

The Tata Power Company Limited

Mitsubishi Hitachi Power Systems Inc.

Toshiba Corporation

Korea Electric Power Corporation

Siemens AG

Yokogawa Electric Corporation

1. Research Objectives and Assumptions: Research Objectives; Assumptions; Abbreviations
2. Market Purview: Report Description; Market Definition and Scope; Executive Summary; Market Snapshot, By Power Station Type; Market Snapshot, By End Use; Market Snapshot, By Region; Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis: Market Dynamics; Growing demand for renewable source of energy; High cost of establishing geothermal facility; Growing demand for energy across developing countries; Impact Analysis; Key Highlights; Regulatory Scenario; Product launch/Approvals; PEST Analysis; PORTER’s Analysis; Merger and Acquisition Scenario
4. Global Geothermal Power Market – Impact of Coronavirus (COVID-19) Pandemic: COVID-19 Epidemiology; Supply Side and Demand Side Analysis; Economic Impact
5. Global Geothermal Power Market , By Power Station Type, 2023-2030, (US$ Bn): Introduction; Market Share Analysis, 2023 and 2030 (%); Y-o-Y Growth Analysis, 2018 – 2030; Segment Trends; Dry Steam Power Stations; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn); Flash Steam Power Stations; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn); Binary Cycle Power Stations; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
6. Global Geothermal Power Market , By End Use, 2023-2030, (US$ Bn): Introduction; Market Share Analysis, 2023 and 2030 (%); Y-o-Y Growth Analysis, 2018 – 2030; Segment Trends; Residential; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion); Commercial; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion); Industrial; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion); Others; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
7. Global Geothermal Power Market , By Region, 2023-2030, (US$ Bn): Introduction; Market Share Analysis, By Country, 2023 and 2030 (%); Y-o-Y Growth Analysis, For Country 2018 –2030; Country Trends; North America; Introduction; Market Size and Forecast, and Y-o-Y Growth, By Power Station Type, 2023-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By End Use, 2023-2030,(US$ Bn); Europe; Introduction; Market Size and Forecast, and Y-o-Y Growth, By Power Station Type, 2023-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By End Use, 2023-2030,(US$ Bn); Asia Pacific; Introduction; Market Size and Forecast, and Y-o-Y Growth, By Power Station Type, 2023-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By End Use, 2023-2030,(US$ Bn); LAMEA; Introduction; Market Size and Forecast, and Y-o-Y Growth, By Power Station Type, 2023-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By End Use, 2023-2030,(US$ Bn)
8. Competitive Landscape: ABB; Company Highlights; Product Portfolio; Key Developments; Financial Performance; Strategies; EDF; Enel SPA (Enel); General Electric (GE); The Tata Power Company Limited; Mitsubishi Hitachi Power Systems Inc.; Toshiba Corporation; Korea Electric Power Corporation; Siemens AG; Yokogawa Electric Corporation; Analyst Views
9. Section: Research Methodology; About us; *Browse 24 market data tables and 28 figures on "Global Geothermal Power Market” - Global forecast to 2030