Global Geothermal Power Generation Market : Industry Analysis and Forecast (2019-2027), By Technology, Application, and Region.

Global Geothermal Power Generation Market was valued US$ 6.21 Bn in 2019 and is expected to reach US$ 14.85 Bn by 2027, at a CAGR of around 10.17% during a forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region. To know about the Research Methodology:-Request Free Sample Report Global geothermal power generation market is expected to witness significant growth due to increasing importance for sustainable energy sources. The geothermal electric power generation market growth outlook is optimistic because of its relatively low price. At the same time, factors such as rising energy demand, investments in renewable power generation, growing manufacturing sector, and technological advances are contributing to the growth of the market. This inclination coupled with growing importance for renewable electricity generation is projected to drive the market growth. Government initiatives such as financial benefits and tax rebates to promote sustainable energy generation are estimated to have a positive impact on the market.

Global Geothermal Power Generation Market Segment Analysis:

However, high initial costs, environmental concerns regarding geothermal power generation and increasing trade protectionism, risk of running out of steam over a period of time are the challenging factors and these factors hamper the growth of global geothermal power generation market. According to technology, the flash steam segment considered for the largest share of the geothermal power generation market in 2019. The highest growth is expected to come from the binary segment. Major factors for this growth contain technological advancements in geothermal power generation and increasing pressure to limit carbon emissions. Profile of the key players in the global geothermal power generation market will be provided, which contain key financials, product & services, new developments and business strategies.

Global Geothermal Power Generation Market Regional Analysis:

Geographically, Asia Pacific is anticipated to register significant growth due to large scale geothermal production in Philippines, Japan and Indonesia. Increasing electricity demand in China and India tied with rising government intervention to produce electricity through renewable resources is projected to further enhance the market growth in the region. Feed-in-tariffs in Japan are expected to drive geothermal production in the region through small scale projects which in turn is probable to complement the Asia Pacific market growth. The market in Africa is projected to be driven by growing geothermal power generation in Kenya and Ethiopia. The report gives a market summary covering key drivers and risks factors. The report is split by top global manufactures mentioning sales, revenue and prices as applicable. It also evaluates the competitive scenario of the leading players. The report enlarges to cover regional market data along with technology and application. The report forecasts sales and revenue from 2019 to 2027. The in-depth sales channel is also covered in the study. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global geothermal power generation market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global geothermal power generation market.

Global Geothermal Power Generation Market, Key Highlights:

• Global Geothermal Power Generation Market analysis and forecast, in terms of value. • Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Geothermal Power Generation Market • Global Geothermal Power Generation Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. • Global Geothermal Power Generation Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. • Global Geothermal Power Generation Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. • Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. • Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Geothermal Power Generation Market are also profiled. The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.

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Global Geothermal Power Generation Market, by Technology

• Dry steam • Flash steam • Binary cycle

Global Geothermal Power Generation Market, by Application

• Dry steam power stations • Flash steam power stations • Binary cycle power stations

Global Geothermal Power Generation Market, by Region

• North America • Europe • Asia Pacific • Middle East & Africa • South America

Global Geothermal Power Generation Market, Key Players

• Calpine • Enel Green Power North America Inc. • Gradient Resources • Berkshire Hathaway Energy • Terra-Gen Power LLC • US Geothermal • Toshiba International Corp. • EthosEnergy Group • ThermaSource LLC. • Aboitiz Power • Chevron Corporation • Comision Federal de Electricadad (CFE) • Energy Development Corporation (EDC) • Kenya Electricity Generating Company • Ormat Industries • Pertamina Geothermal Energy (PGE) • Fuji Electric Co., Ltd. • Alterra Power Corp. • Korea Electric Power Corporation • MASPO

Table of Content

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary : Global Geothermal Power Generation Market, by Market Value (US$ Bn) & Volume (MW) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7 Industry Trends in Global Geothermal Power Generation Market 5. Supply Side and Demand Side Indicators 6. Global Geothermal Power Generation Market Analysis and Forecast 6.1. Global Geothermal Power Generation Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Geothermal Power Generation Market Analysis and Forecast, by Technology 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Geothermal Power Generation Market Value Share Analysis, by Technology 7.4. Global Geothermal Power Generation Market Size (US$ Bn) Forecast, by Technology 7.5. Global Geothermal Power Generation Market Analysis, by Technology 7.6. Global Geothermal Power Generation Market Attractiveness Analysis, by Technology 8. Global Geothermal Power Generation Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Geothermal Power Generation Market Value Share Analysis, by Application 8.4. Global Geothermal Power Generation Market Size (US$ Bn) Forecast, by Application 8.5. Global Geothermal Power Generation Market Analysis, by Application 8.6. Global Geothermal Power Generation Market Attractiveness Analysis, by Application 9. Global Geothermal Power Generation Market Analysis, by Region 9.1. Global Geothermal Power Generation Market Value Share Analysis, by Region 9.2. Global Geothermal Power Generation Market Size (US$ Bn) Forecast, by Region 9.3. Global Geothermal Power Generation Market Attractiveness Analysis, by Region 10. North America Geothermal Power Generation Market Analysis 10.1. Key Findings 10.2. North America Geothermal Power Generation Market Overview 10.3. North America Geothermal Power Generation Market Value Share Analysis, by Technology 10.4. North America Geothermal Power Generation Market Forecast, by Technology 10.4.1. Dry steam 10.4.2. Flash steam 10.4.3. Binary cycle 10.5. North America Geothermal Power Generation Market Value Share Analysis, by Application 10.6. North America Geothermal Power Generation Market Forecast, by Application 10.6.1. Dry steam power stations 10.6.2. Flash steam power stations 10.6.3. Binary cycle power stations 10.7. North America Geothermal Power Generation Market Value Share Analysis, by Country 10.8. North America Geothermal Power Generation Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Geothermal Power Generation Market Analysis, by Country 10.10. U.S. Geothermal Power Generation Market Forecast, by Technology 10.10.1. Dry steam 10.10.2. Flash steam 10.10.3. Binary cycle 10.11. U.S. Geothermal Power Generation Market Forecast, by Application 10.11.1. Dry steam power stations 10.11.2. Flash steam power stations 10.11.3. Binary cycle power stations 10.12. Canada Geothermal Power Generation Market Forecast, by Technology 10.12.1. Dry steam 10.12.2. Flash steam 10.12.3. Binary cycle 10.13. Canada Geothermal Power Generation Market Forecast, by Application 10.13.1. Dry steam power stations 10.13.2. Flash steam power stations 10.13.3. Binary cycle power stations 10.14. North America Geothermal Power Generation Market Attractiveness Analysis 10.14.1. By Technology 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Geothermal Power Generation Market Analysis 11.1. Key Findings 11.2. Europe Geothermal Power Generation Market Overview 11.3. Europe Geothermal Power Generation Market Value Share Analysis, by Technology 11.4. Europe Geothermal Power Generation Market Forecast, by Technology 11.4.1. Dry steam 11.4.2. Flash steam 11.4.3. Binary cycle 11.5. Europe Geothermal Power Generation Market Value Share Analysis, by Application 11.6. Europe Geothermal Power Generation Market Forecast, by Application 11.6.1. Dry steam power stations 11.6.2. Flash steam power stations 11.6.3. Binary cycle power stations 11.7. Europe Geothermal Power Generation Market Value Share Analysis, by Country 11.8. Europe Geothermal Power Generation Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Geothermal Power Generation Market Analysis, by Country 11.10. Germany Geothermal Power Generation Market Forecast, by Technology 11.10.1. Dry steam 11.10.2. Flash steam 11.10.3. Binary cycle 11.11. Germany Geothermal Power Generation Market Forecast, by Application 11.11.1. Dry steam power stations 11.11.2. Flash steam power stations 11.11.3. Binary cycle power stations 11.12. U.K. Geothermal Power Generation Market Forecast, by Technology 11.12.1. Dry steam 11.12.2. Flash steam 11.12.3. Binary cycle 11.13. U.K. Geothermal Power Generation Market Forecast, by Application 11.13.1. Dry steam power stations 11.13.2. Flash steam power stations 11.13.3. Binary cycle power stations 11.14. France Geothermal Power Generation Market Forecast, by Technology 11.14.1. Dry steam 11.14.2. Flash steam 11.14.3. Binary cycle 11.15. France Geothermal Power Generation Market Forecast, by Application 11.15.1. Dry steam power stations 11.15.2. Flash steam power stations 11.15.3. Binary cycle power stations 11.16. Italy Geothermal Power Generation Market Forecast, by Technology 11.16.1. Dry steam 11.16.2. Flash steam 11.16.3. Binary cycle 11.17. Italy Geothermal Power Generation Market Forecast, by Application 11.17.1. Dry steam power stations 11.17.2. Flash steam power stations 11.17.3. Binary cycle power stations 11.18. Spain Geothermal Power Generation Market Forecast, by Technology 11.18.1. Dry steam 11.18.2. Flash steam 11.18.3. Binary cycle 11.19. Spain Geothermal Power Generation Market Forecast, by Application 11.19.1. Dry steam power stations 11.19.2. Flash steam power stations 11.19.3. Binary cycle power stations 11.20. Rest of Europe Geothermal Power Generation Market Forecast, by Technology 11.20.1. Dry steam 11.20.2. Flash steam 11.20.3. Binary cycle 11.21. Rest of Europe Geothermal Power Generation Market Forecast, by Application 11.21.1. Dry steam power stations 11.21.2. Flash steam power stations 11.21.3. Binary cycle power stations 11.22. Europe Geothermal Power Generation Market Attractiveness Analysis 11.22.1. By Technology 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Development 12. Asia Pacific Geothermal Power Generation Market Analysis 12.1. Key Findings 12.2. Asia Pacific Geothermal Power Generation Market Overview 12.3. Asia Pacific Geothermal Power Generation Market Value Share Analysis, by Technology 12.4. Asia Pacific Geothermal Power Generation Market Forecast, by Technology 12.4.1. Dry steam 12.4.2. Flash steam 12.4.3. Binary cycle 12.5. Asia Pacific Geothermal Power Generation Market Value Share Analysis, by Application 12.6. Asia Pacific Geothermal Power Generation Market Forecast, by Application 12.6.1. Dry steam power stations 12.6.2. Flash steam power stations 12.6.3. Binary cycle power stations 12.7. Asia Pacific Geothermal Power Generation Market Value Share Analysis, by Country 12.8. Asia Pacific Geothermal Power Generation Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Geothermal Power Generation Market Analysis, by Country 12.10. China Geothermal Power Generation Market Forecast, by Technology 12.10.1. Dry steam 12.10.2. Flash steam 12.10.3. Binary cycle 12.11. China Geothermal Power Generation Market Forecast, by Application 12.11.1. Dry steam power stations 12.11.2. Flash steam power stations 12.11.3. Binary cycle power stations 12.12. India Geothermal Power Generation Market Forecast, by Technology 12.12.1. Dry steam 12.12.2. Flash steam 12.12.3. Binary cycle 12.13. India Geothermal Power Generation Market Forecast, by Application 12.13.1. Dry steam power stations 12.13.2. Flash steam power stations 12.13.3. Binary cycle power stations 12.14. Japan Geothermal Power Generation Market Forecast, by Technology 12.14.1. Dry steam 12.14.2. Flash steam 12.14.3. Binary cycle 12.15. Japan Geothermal Power Generation Market Forecast, by Application 12.15.1. Dry steam power stations 12.15.2. Flash steam power stations 12.15.3. Binary cycle power stations 12.16. ASEAN Geothermal Power Generation Market Forecast, by Technology 12.16.1. Dry steam 12.16.2. Flash steam 12.16.3. Binary cycle 12.17. ASEAN Geothermal Power Generation Market Forecast, by Application 12.17.1. Dry steam power stations 12.17.2. Flash steam power stations 12.17.3. Binary cycle power stations 12.18. Rest of Asia Pacific Geothermal Power Generation Market Forecast, by Technology 12.18.1. Dry steam 12.18.2. Flash steam 12.18.3. Binary cycle 12.19. Rest of Asia Pacific Geothermal Power Generation Market Forecast, by Application 12.19.1. Dry steam power stations 12.19.2. Flash steam power stations 12.19.3. Binary cycle power stations 12.20. Asia Pacific Geothermal Power Generation Market Attractiveness Analysis 12.20.1. By Technology 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Development 13. Middle East & Africa Geothermal Power Generation Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Geothermal Power Generation Market Overview 13.3. Middle East & Africa Geothermal Power Generation Market Value Share Analysis, by Technology 13.4. Middle East & Africa Geothermal Power Generation Market Forecast, by Technology 13.4.1. Dry steam 13.4.2. Flash steam 13.4.3. Binary cycle 13.5. Middle East & Africa Geothermal Power Generation Market Value Share Analysis, by Application 13.6. Middle East & Africa Geothermal Power Generation Market Forecast, by Application 13.6.1. Dry steam power stations 13.6.2. Flash steam power stations 13.6.3. Binary cycle power stations 13.7. Middle East & Africa Geothermal Power Generation Market Value Share Analysis, by Country 13.8. Middle East & Africa Geothermal Power Generation Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Geothermal Power Generation Market Analysis, by Country 13.10. GCC Geothermal Power Generation Market Forecast, by Technology 13.10.1. Dry steam 13.10.2. Flash steam 13.10.3. Binary cycle 13.11. GCC Geothermal Power Generation Market Forecast, by Application 13.11.1. Dry steam power stations 13.11.2. Flash steam power stations 13.11.3. Binary cycle power stations 13.12. South Africa Geothermal Power Generation Market Forecast, by Technology 13.12.1. Dry steam 13.12.2. Flash steam 13.12.3. Binary cycle 13.13. South Africa Geothermal Power Generation Market Forecast, by Application 13.13.1. Dry steam power stations 13.13.2. Flash steam power stations 13.13.3. Binary cycle power stations 13.14. Rest of Middle East & Africa Geothermal Power Generation Market Forecast, by Technology 13.14.1. Dry steam 13.14.2. Flash steam 13.14.3. Binary cycle 13.15. Rest of Middle East & Africa Geothermal Power Generation Market Forecast, by Application 13.15.1. Dry steam power stations 13.15.2. Flash steam power stations 13.15.3. Binary cycle power stations 13.16. Middle East & Africa Geothermal Power Generation Market Attractiveness Analysis 13.16.1. By Technology 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Development 14. South America Geothermal Power Generation Market Analysis 14.1. Key Findings 14.2. South America Geothermal Power Generation Market Overview 14.3. South America Geothermal Power Generation Market Value Share Analysis, by Technology 14.4. South America Geothermal Power Generation Market Forecast, by Technology 14.4.1. Dry steam 14.4.2. Flash steam 14.4.3. Binary cycle 14.5. South America Geothermal Power Generation Market Value Share Analysis, by Application 14.6. South America Geothermal Power Generation Market Forecast, by Application 14.6.1. Dry steam power stations 14.6.2. Flash steam power stations 14.6.3. Binary cycle power stations 14.7. South America Geothermal Power Generation Market Value Share Analysis, by Country 14.8. South America Geothermal Power Generation Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Geothermal Power Generation Market Analysis, by Country 14.10. Brazil Geothermal Power Generation Market Forecast, by Technology 14.10.1. Dry steam 14.10.2. Flash steam 14.10.3. Binary cycle 14.11. Brazil Geothermal Power Generation Market Forecast, by Application 14.11.1. Dry steam power stations 14.11.2. Flash steam power stations 14.11.3. Binary cycle power stations 14.12. Mexico Geothermal Power Generation Market Forecast, by Technology 14.12.1. Dry steam 14.12.2. Flash steam 14.12.3. Binary cycle 14.13. Mexico Geothermal Power Generation Market Forecast, by Application 14.13.1. Dry steam power stations 14.13.2. Flash steam power stations 14.13.3. Binary cycle power stations 14.14. Rest of South America Geothermal Power Generation Market Forecast, by Technology 14.14.1. Dry steam 14.14.2. Flash steam 14.14.3. Binary cycle 14.15. Rest of South America Geothermal Power Generation Market Forecast, by Application 14.15.1. Dry steam power stations 14.15.2. Flash steam power stations 14.15.3. Binary cycle power stations 14.16. South America Geothermal Power Generation Market Attractiveness Analysis 14.16.1. By Technology 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward 15.2.3.3. Integration 15.3. Company Profiles: Key Players 15.3.1. Calpine 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Company Footprint 15.3.2. Enel Green Power North America Inc. 15.3.3. Gradient Resources 15.3.4. Berkshire Hathaway Energy 15.3.5. Terra-Gen Power LLC 15.3.6. US Geothermal 15.3.7. Toshiba International Corp. 15.3.8. EthosEnergy Group 15.3.9. ThermaSource LLC. 15.3.10. Aboitiz Power 15.3.11. Chevron Corporation 15.3.12. Comision Federal de Electricadad (CFE) 15.3.13. Energy Development Corporation (EDC) 15.3.14. Kenya Electricity Generating Company 15.3.15. Ormat Industries 15.3.16. Pertamina Geothermal Energy (PGE) 15.3.17. Fuji Electric Co., Ltd. 15.3.18. Alterra Power Corp. 15.3.19. Korea Electric Power Corporation 15.3.20. MASPO 16. Primary Key Insights

About This Report

Report ID 30089
Category Energy & Power
Published Date May 2019
Updated Date Oct 2020
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