by According to Precedence Research, during the forecast period of 2022 to 2030, the global geothermal power market is estimated to develop at a compound annual growth rate (CAGR) of 5%. The global geothermal power market was valued at USD 5.3 billion in 2021, and it is predicted to exceed USD 7.1 billion by 2030. The study investigates several elements and their consequences on the growth of the geothermal power market.
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This report focuses on geothermal power market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall geothermal power market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.
Report Scope of the Geothermal Power Market
| Report Coverage | Details |
| Market Size by 2030 | USD 7.1 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 5% |
| Largest Market | North America |
| Fastest Growing Region | Asia Pacific |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Plant, End User, Power Output, Region |
The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
In-Depth Analysis on Competitive Landscape
The report sheds light on leading manufacturers of geothermal power, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of geothermal power has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the geothermal power market.
Some of the prominent players in the geothermal power market include:
- 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.
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Segments Covered in the Report
- 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.
Regional Segmentation
- Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
- Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
- North America [United States, Canada, Mexico]
- South America [Brazil, Argentina, Columbia, Chile, Peru]
- Middle East & Africa [GCC, North Africa, South Africa]
Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- What value propositions should businesses aim at while making new research and development funding?
- Which regulations will be most helpful for stakeholders to boost their supply chain network?
- Which regions might see the demand maturing in certain segments in near future?
- What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
- Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
- Which government regulations might challenge the status of key regional markets?
- How will the emerging political and economic scenario affect opportunities in key growth areas?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Table of Contents
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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