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Geothermal Power Market Size At Around US$ 7.1 Bn In 2030

The geothermal power market would grow at a CAGR of 5% over the predicted time frame. The market is expected to increase in value from US$ 7.1 Bn in 2022 to US$ 7.1 Bn in 2030.

Geothermal Power Market Size 2021 to 2030

The on geothermal power Market, which provides a business strategy, research & development activities, concise outline of the market valuation, valuable insights pertaining to market share, size, supply chain analysis, competitive landscape and regional proliferation of this industry.

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Report Scope of the Geothermal Power Market

Report CoverageDetails
Market Size by 2030USD 7.1 Billion
Growth Rate from 2022 to 2030

CAGR of 5%

Largest MarketNorth America
Fastest Growing RegionAsia Pacific
Base Year2021
Forecast Period2022 to 2030
Segments CoveredPlant, End User, Power Output, Region

A recent report provides crucial insights along with application based and forecast information in the Global Geothermal power Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of this market. This study also provides a detailed overview of the opportunities along with the current trends observed in the Geothermal power market.

A quantitative analysis of the industry is compiled for a period of 10 years in order to assist players to grow in the market. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period.

Companies and Manufacturers Covered

The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight. These insights were thoroughly analysed and prime business strategies and products that offer high revenue generation capacities were identified. Key players of the global Geothermal power market are included as given below:

Geothermal power Market Key Players

  • Calpine
  • Ormat Technologies Inc.
  • Enel Green Power North America Inc.
  • Gradient Resources
  • Toshiba International Corp.
  • EthosEnergy Group
  • ThermaSource LLC
  • Terra-Gen Power LLC
  • Chevron Corp.
  • Berkshire Hathaway Inc.
  • U.S. Geothermal Inc.

Market Segments

 By Plant Type

  • Binary Cycle Power Plants
  • Flash Steam Plants
  • Dry Steam Plants

By End User

  • Residential
  • Industrial
  • Commercial
  • Others

By Power Output

  • Up to 5 MW
  • Above 5 MW

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Philippines
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of the Middle East & Africa

Report Objectives

  • To define, describe, and forecast the global geothermal power market based on product, and region
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, opportunities, and industry-specific challenges)
  • To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and contributions to the total market
  • To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To forecast the size of market segments with respect to four main regions—North America, Europe, Asia Pacific and the Rest of the World (RoW)2
  • To strategically profile key players and comprehensively analyze their product portfolios, market shares, and core competencies3
  • To track and analyze competitive developments such as acquisitions, expansions, new product launches, and partnerships in the geothermal power market

Table of Content

 Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Geothermal Power Market 

5.1. COVID-19 Landscape: Geothermal Power Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Geothermal Power Market, By Plant Type

8.1. Geothermal Power Market, by Plant Type, 2022-2030

8.1.1Binary Cycle Power Plants

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Flash Steam Plants

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Dry Steam Plants

8.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Geothermal Power Market, By End User

9.1. Geothermal Power Market, by End User, 2022-2030

9.1.1. Residential

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Industrial

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Commercial

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Others

9.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Geothermal Power Market, By Power Output 

10.1. Geothermal Power Market, by Power Output, 2022-2030

10.1.1. Up to 5 MW

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Above 5 MW

10.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Geothermal Power Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.1.2. Market Revenue and Forecast, by End User (2017-2030)

11.1.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.1.4.2. Market Revenue and Forecast, by End User (2017-2030)

11.1.4.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.1.5.2. Market Revenue and Forecast, by End User (2017-2030)

11.1.5.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.2.2. Market Revenue and Forecast, by End User (2017-2030)

11.2.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.2.4.2. Market Revenue and Forecast, by End User (2017-2030)

11.2.4.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.2.5.2. Market Revenue and Forecast, by End User (2017-2030)

11.2.5.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.2.6.2. Market Revenue and Forecast, by End User (2017-2030)

11.2.6.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.2.7.2. Market Revenue and Forecast, by End User (2017-2030)

11.2.7.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.3.2. Market Revenue and Forecast, by End User (2017-2030)

11.3.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.3.4.2. Market Revenue and Forecast, by End User (2017-2030)

11.3.4.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.3.5.2. Market Revenue and Forecast, by End User (2017-2030)

11.3.5.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.3.6.2. Market Revenue and Forecast, by End User (2017-2030)

11.3.6.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.3.7.2. Market Revenue and Forecast, by End User (2017-2030)

11.3.7.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.4.2. Market Revenue and Forecast, by End User (2017-2030)

11.4.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.4.4.2. Market Revenue and Forecast, by End User (2017-2030)

11.4.4.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.4.5.2. Market Revenue and Forecast, by End User (2017-2030)

11.4.5.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.4.6.2. Market Revenue and Forecast, by End User (2017-2030)

11.4.6.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.4.7.2. Market Revenue and Forecast, by End User (2017-2030)

11.4.7.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.5.2. Market Revenue and Forecast, by End User (2017-2030)

11.5.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.5.4.2. Market Revenue and Forecast, by End User (2017-2030)

11.5.4.3. Market Revenue and Forecast, by Power Output (2017-2030)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Plant Type (2017-2030)

11.5.5.2. Market Revenue and Forecast, by End User (2017-2030)

11.5.5.3. Market Revenue and Forecast, by Power Output (2017-2030)

Chapter 12. Company Profiles

12.1.Calpine

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Ormat Technologies Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Enel Green Power North America Inc.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Gradient Resources

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Toshiba International Corp.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. EthosEnergy Group

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. ThermaSource LLC

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Terra-Gen Power LLC

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Chevron Corp.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Berkshire Hathaway Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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