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Global Geothermal Power Generation Market Research Report 2024
Synopsis
Geothermal power, namely geothermal electricity, is electricity generated by geothermal energy. Technologies in use include dry steam power stations, flash steam power stations and binary cycle power stations. Geothermal electricity generation is currently used in 24 countries.
Geothermal power is considered to be a sustainable, renewable source of energy because the heat extraction is small compared with the Earth's heat content. However, it displays features of conventional power generation methods due to high capacity factors and ability to supply base load. Low emissions and non-reliance on fossil fuels are major drivers for the industry. Strong regulatory and policy framework in numerous countries across the world would foster and sustain development in the sector in the long-term. In this report, the use of geothermal energy for power generation purposes are mainly analyzed. In addition, the direct uses of geothermal energy are also introduced in chapter 6.
The global Geothermal Power Generation market was valued at US$ 25040 million in 2023 and is anticipated to reach US$ 39680 million by 2030, witnessing a CAGR of 6.7% during the forecast period 2024-2030.
Global core geothermal power generation 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%.
This report aims to provide a comprehensive presentation of the global market for Geothermal Power Generation, 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 Generation.
Report Scope
The Geothermal Power Generation market size, estimations, and forecasts are provided in terms of output/shipments (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 Generation 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.
The report will help the Geothermal Power Generation manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
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
Segment by Type
Dry Steam Stations
Flash Steam Power Stations
Binary Cycle Stations
Segment by Application
Residential
Industrial
Others
Production by Region
North America
Europe
Southeast Asia
Mexico
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. 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: Detailed analysis of Geothermal Power Generation manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Geothermal Power Generation by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Geothermal Power Generation in regional level and country 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 production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Geothermal power, namely geothermal electricity, is electricity generated by geothermal energy. Technologies in use include dry steam power stations, flash steam power stations and binary cycle power stations. Geothermal electricity generation is currently used in 24 countries.
Geothermal power is considered to be a sustainable, renewable source of energy because the heat extraction is small compared with the Earth's heat content. However, it displays features of conventional power generation methods due to high capacity factors and ability to supply base load. Low emissions and non-reliance on fossil fuels are major drivers for the industry. Strong regulatory and policy framework in numerous countries across the world would foster and sustain development in the sector in the long-term. In this report, the use of geothermal energy for power generation purposes are mainly analyzed. In addition, the direct uses of geothermal energy are also introduced in chapter 6.
The global Geothermal Power Generation market was valued at US$ 25040 million in 2023 and is anticipated to reach US$ 39680 million by 2030, witnessing a CAGR of 6.7% during the forecast period 2024-2030.
Global core geothermal power generation 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%.
This report aims to provide a comprehensive presentation of the global market for Geothermal Power Generation, 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 Generation.
Report Scope
The Geothermal Power Generation market size, estimations, and forecasts are provided in terms of output/shipments (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 Generation 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.
The report will help the Geothermal Power Generation manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
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
Segment by Type
Dry Steam Stations
Flash Steam Power Stations
Binary Cycle Stations
Segment by Application
Residential
Industrial
Others
Production by Region
North America
Europe
Southeast Asia
Mexico
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. 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: Detailed analysis of Geothermal Power Generation manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Geothermal Power Generation by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Geothermal Power Generation in regional level and country 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 production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Geothermal Power Generation Market Overview
1.1 Product Definition
1.2 Geothermal Power Generation Segment by Type
1.2.1 Global Geothermal Power Generation Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Dry Steam Stations
1.2.3 Flash Steam Power Stations
1.2.4 Binary Cycle Stations
1.3 Geothermal Power Generation Segment by Application
1.3.1 Global Geothermal Power Generation Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential
1.3.3 Industrial
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Geothermal Power Generation Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Geothermal Power Generation Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Geothermal Power Generation Production Estimates and Forecasts (2019-2030)
1.4.4 Global Geothermal Power Generation Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Geothermal Power Generation Production Market Share by Manufacturers (2019-2024)
2.2 Global Geothermal Power Generation Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Geothermal Power Generation, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Geothermal Power Generation Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Geothermal Power Generation Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Geothermal Power Generation, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Geothermal Power Generation, Product Offered and Application
2.8 Global Key Manufacturers of Geothermal Power Generation, Date of Enter into This Industry
2.9 Geothermal Power Generation Market Competitive Situation and Trends
2.9.1 Geothermal Power Generation Market Concentration Rate
2.9.2 Global 5 and 10 Largest Geothermal Power Generation Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Geothermal Power Generation Production by Region
3.1 Global Geothermal Power Generation Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Geothermal Power Generation Production Value by Region (2019-2030)
3.2.1 Global Geothermal Power Generation Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Geothermal Power Generation by Region (2025-2030)
3.3 Global Geothermal Power Generation Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Geothermal Power Generation Production by Region (2019-2030)
3.4.1 Global Geothermal Power Generation Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Geothermal Power Generation by Region (2025-2030)
3.5 Global Geothermal Power Generation Market Price Analysis by Region (2019-2024)
3.6 Global Geothermal Power Generation Production and Value, Year-over-Year Growth
3.6.1 North America Geothermal Power Generation Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Geothermal Power Generation Production Value Estimates and Forecasts (2019-2030)
3.6.3 Southeast Asia Geothermal Power Generation Production Value Estimates and Forecasts (2019-2030)
3.6.4 Mexico Geothermal Power Generation Production Value Estimates and Forecasts (2019-2030)
4 Geothermal Power Generation Consumption by Region
4.1 Global Geothermal Power Generation Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Geothermal Power Generation Consumption by Region (2019-2030)
4.2.1 Global Geothermal Power Generation Consumption by Region (2019-2024)
4.2.2 Global Geothermal Power Generation Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Geothermal Power Generation Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Geothermal Power Generation Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Geothermal Power Generation Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Geothermal Power Generation Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Geothermal Power Generation Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Geothermal Power Generation Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Geothermal Power Generation Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Geothermal Power Generation Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Geothermal Power Generation Production by Type (2019-2030)
5.1.1 Global Geothermal Power Generation Production by Type (2019-2024)
5.1.2 Global Geothermal Power Generation Production by Type (2025-2030)
5.1.3 Global Geothermal Power Generation Production Market Share by Type (2019-2030)
5.2 Global Geothermal Power Generation Production Value by Type (2019-2030)
5.2.1 Global Geothermal Power Generation Production Value by Type (2019-2024)
5.2.2 Global Geothermal Power Generation Production Value by Type (2025-2030)
5.2.3 Global Geothermal Power Generation Production Value Market Share by Type (2019-2030)
5.3 Global Geothermal Power Generation Price by Type (2019-2030)
6 Segment by Application
6.1 Global Geothermal Power Generation Production by Application (2019-2030)
6.1.1 Global Geothermal Power Generation Production by Application (2019-2024)
6.1.2 Global Geothermal Power Generation Production by Application (2025-2030)
6.1.3 Global Geothermal Power Generation Production Market Share by Application (2019-2030)
6.2 Global Geothermal Power Generation Production Value by Application (2019-2030)
6.2.1 Global Geothermal Power Generation Production Value by Application (2019-2024)
6.2.2 Global Geothermal Power Generation Production Value by Application (2025-2030)
6.2.3 Global Geothermal Power Generation Production Value Market Share by Application (2019-2030)
6.3 Global Geothermal Power Generation Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Energy Development
7.1.1 Energy Development Geothermal Power Generation Corporation Information
7.1.2 Energy Development Geothermal Power Generation Product Portfolio
7.1.3 Energy Development Geothermal Power Generation Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Energy Development Main Business and Markets Served
7.1.5 Energy Development Recent Developments/Updates
7.2 Comisión Federal de Electricidad
7.2.1 Comisión Federal de Electricidad Geothermal Power Generation Corporation Information
7.2.2 Comisión Federal de Electricidad Geothermal Power Generation Product Portfolio
7.2.3 Comisión Federal de Electricidad Geothermal Power Generation Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Comisión Federal de Electricidad Main Business and Markets Served
7.2.5 Comisión Federal de Electricidad Recent Developments/Updates
7.3 Ormat
7.3.1 Ormat Geothermal Power Generation Corporation Information
7.3.2 Ormat Geothermal Power Generation Product Portfolio
7.3.3 Ormat Geothermal Power Generation Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Ormat Main Business and Markets Served
7.3.5 Ormat Recent Developments/Updates
7.4 Enel Green Power
7.4.1 Enel Green Power Geothermal Power Generation Corporation Information
7.4.2 Enel Green Power Geothermal Power Generation Product Portfolio
7.4.3 Enel Green Power Geothermal Power Generation Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Enel Green Power Main Business and Markets Served
7.4.5 Enel Green Power Recent Developments/Updates
7.5 Calpine
7.5.1 Calpine Geothermal Power Generation Corporation Information
7.5.2 Calpine Geothermal Power Generation Product Portfolio
7.5.3 Calpine Geothermal Power Generation Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Calpine Main Business and Markets Served
7.5.5 Calpine Recent Developments/Updates
7.6 KenGen
7.6.1 KenGen Geothermal Power Generation Corporation Information
7.6.2 KenGen Geothermal Power Generation Product Portfolio
7.6.3 KenGen Geothermal Power Generation Production, Value, Price and Gross Margin (2019-2024)
7.6.4 KenGen Main Business and Markets Served
7.6.5 KenGen Recent Developments/Updates
7.7 Pertamina Geothermal Energy
7.7.1 Pertamina Geothermal Energy Geothermal Power Generation Corporation Information
7.7.2 Pertamina Geothermal Energy Geothermal Power Generation Product Portfolio
7.7.3 Pertamina Geothermal Energy Geothermal Power Generation Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Pertamina Geothermal Energy Main Business and Markets Served
7.7.5 Pertamina Geothermal Energy Recent Developments/Updates
7.8 Contact Energy
7.8.1 Contact Energy Geothermal Power Generation Corporation Information
7.8.2 Contact Energy Geothermal Power Generation Product Portfolio
7.8.3 Contact Energy Geothermal Power Generation Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Contact Energy Main Business and Markets Served
7.7.5 Contact Energy Recent Developments/Updates
7.9 Orkuveita Reykjavikur
7.9.1 Orkuveita Reykjavikur Geothermal Power Generation Corporation Information
7.9.2 Orkuveita Reykjavikur Geothermal Power Generation Product Portfolio
7.9.3 Orkuveita Reykjavikur Geothermal Power Generation Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Orkuveita Reykjavikur Main Business and Markets Served
7.9.5 Orkuveita Reykjavikur Recent Developments/Updates
7.10 Star Energy Ltd
7.10.1 Star Energy Ltd Geothermal Power Generation Corporation Information
7.10.2 Star Energy Ltd Geothermal Power Generation Product Portfolio
7.10.3 Star Energy Ltd Geothermal Power Generation Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Star Energy Ltd Main Business and Markets Served
7.10.5 Star Energy Ltd Recent Developments/Updates
7.11 Berkshire Hathaway Energy
7.11.1 Berkshire Hathaway Energy Geothermal Power Generation Corporation Information
7.11.2 Berkshire Hathaway Energy Geothermal Power Generation Product Portfolio
7.11.3 Berkshire Hathaway Energy Geothermal Power Generation Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Berkshire Hathaway Energy Main Business and Markets Served
7.11.5 Berkshire Hathaway Energy Recent Developments/Updates
7.12 Northern California Power Agency
7.12.1 Northern California Power Agency Geothermal Power Generation Corporation Information
7.12.2 Northern California Power Agency Geothermal Power Generation Product Portfolio
7.12.3 Northern California Power Agency Geothermal Power Generation Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Northern California Power Agency Main Business and Markets Served
7.12.5 Northern California Power Agency Recent Developments/Updates
7.13 HS Orka
7.13.1 HS Orka Geothermal Power Generation Corporation Information
7.13.2 HS Orka Geothermal Power Generation Product Portfolio
7.13.3 HS Orka Geothermal Power Generation Production, Value, Price and Gross Margin (2019-2024)
7.13.4 HS Orka Main Business and Markets Served
7.13.5 HS Orka Recent Developments/Updates
7.14 Cyrq Energy
7.14.1 Cyrq Energy Geothermal Power Generation Corporation Information
7.14.2 Cyrq Energy Geothermal Power Generation Product Portfolio
7.14.3 Cyrq Energy Geothermal Power Generation Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Cyrq Energy Main Business and Markets Served
7.14.5 Cyrq Energy Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Geothermal Power Generation Industry Chain Analysis
8.2 Geothermal Power Generation Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Geothermal Power Generation Production Mode & Process
8.4 Geothermal Power Generation Sales and Marketing
8.4.1 Geothermal Power Generation Sales Channels
8.4.2 Geothermal Power Generation Distributors
8.5 Geothermal Power Generation Customers
9 Geothermal Power Generation Market Dynamics
9.1 Geothermal Power Generation Industry Trends
9.2 Geothermal Power Generation Market Drivers
9.3 Geothermal Power Generation Market Challenges
9.4 Geothermal Power Generation Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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