"Actionable Insights to Fuel Your Growth"

Geothermal Energy Market Size, Share & Industry Growth Analysis, By Type (Binary Cycle, Flash, and Dry Steam), By Application (Industrial, Commercial, Residential, and Others), and Regional Forecast, 2024-2032

Last Updated: July 01, 2024 | Format: PDF | Report ID: FBI106341

 

  1. Introduction
    1. Research Scope
    2. Market Segmentation
    3. Research Methodology
    4. Definitions and Assumptions
  2. Executive Summary
  3. Market Dynamics
    1. Market Drivers
    2. Market Restraints
    3. Market Opportunities
  4. Key Insights
    1. Key Emerging Trends
    2. Key Developments: Mergers, Acquisitions, Partnership, etc.
    3. Latest Technological Advancement
    4. Regulatory Landscape
    5. Industry SWOT Analysis
    6. Porter’s Five Forces Analysis
    7. Impact of COVID-19 on Geothermal Energy Market
  5. Global Geothermal Energy Market Analysis (USD Billion) (MW), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Type
      1. Binary
      2. Flash
      3. Dry Steam
    3. Market Analysis, Insights and Forecast – By Application
      1. Residential
      2. Commercial
      3. Industrial
      4. Others
    4. Market Analysis, Insights and Forecast – By Region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
  6. North America Geothermal Energy Market Analysis (USD Billion) (MW), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Type
      1. Binary
      2. Flash
      3. Dry Steam
    3. Market Analysis, Insights and Forecast – By Application
      1. Residential
      2. Commercial
      3. Industrial
      4. Others
  7. Europe Geothermal Energy Market Analysis (USD Billion) (MW), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Type
      1. Binary
      2. Flash
      3. Dry Steam
    3. Market Analysis, Insights and Forecast – By Application
      1. Residential
      2. Commercial
      3. Industrial
      4. Others
    4. Market Analysis, Insights and Forecast – By Country
      1. Turkey Market Analysis, Insights and Forecast – By Type
        1. Binary
        2. Flash
        3. Dry Steam
      2. Iceland Market Analysis, Insights and Forecast – By Type
        1. Binary
        2. Flash
        3. Dry Steam
      3. Italy Market Analysis, Insights and Forecast – By Type
        1. Binary
        2. Flash
        3. Dry Steam
      4. Rest of Europe Market Analysis, Insights and Forecast – By Type
        1. Binary
        2. Flash
        3. Dry Steam
  8. Asia Pacific Geothermal Energy Market Analysis (USD Billion) (MW), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Type
      1. Binary
      2. Flash
      3. Dry Steam
    3. Market Analysis, Insights and Forecast – By Application
      1. Residential
      2. Commercial
      3. Industrial
      4. Others
    4. Market Analysis, Insights and Forecast – By Country
      1. Philippines Market Analysis, Insights and Forecast – By Type
        1. Binary
        2. Flash
        3. Dry Steam
      2. Indonesia Market Analysis, Insights and Forecast – By Type
        1. Binary
        2. Flash
        3. Dry Steam
      3. New Zealand Market Analysis, Insights and Forecast – By Type
        1. Binary
        2. Flash
        3. Dry Steam
      4. Rest of Asia Pacific Market Analysis, Insights and Forecast – By Type
        1. Binary
        2. Flash
        3. Dry Steam
  9. Latin America Geothermal Energy Market Analysis (USD Billion) (MW), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Type
      1. Binary
      2. Flash
      3. Dry Steam
    3. Market Analysis, Insights and Forecast – By Application
      1. Residential
      2. Commercial
      3. Industrial
      4. Others
    4. Market Analysis, Insights and Forecast – By Country
      1. Costa Rica Market Analysis, Insights and Forecast – By Type
        1. Binary
        2. Flash
        3. Dry Steam
      2. Mexico Market Analysis, Insights and Forecast – By Type
        1. Binary
        2. Flash
        3. Dry Steam
      3. El Salvador Market Analysis, Insights and Forecast – By Type
        1. Binary
        2. Flash
        3. Dry Steam
      4. Rest of Latin America Market Analysis, Insights and Forecast – By Type
        1. Binary
        2. Flash
        3. Dry Steam
  10. Middle East & Africa Geothermal Energy Market Analysis (USD Billion) (MW), Insights and Forecast, 2019-2032
    1. Key Findings / Summary
    2. Market Analysis, Insights and Forecast – By Type
      1. Binary
      2. Flash
      3. Dry Steam
    3. Market Analysis, Insights and Forecast – By Application
      1. Residential
      2. Commercial
      3. Industrial
      4. Others
    4. Market Analysis, Insights and Forecast – By Country
      1. Kenya Market Analysis, Insights and Forecast – By Type
        1. Binary
        2. Flash
        3. Dry Steam
      2. Rest of Middle East & Africa Market Analysis, Insights and Forecast – By Type
        1. Binary
        2. Flash
        3. Dry Steam
  11. Competitive Analysis
    1. Company Market Share Analysis, 2023
    2. Company Profile
      1. Ormat Technologies Inc.
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      2. Calpine
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      3. Mitsubishi Corporation
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      4. Enel Green Power North America Inc.
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      5. EthosEnergy
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      6. GEG Power
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      7. ElectraTherm
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      8. Toshiba International Corporation
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      9. First Gen Corporation
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      10. Berkshire Hathaway Energy
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      11. Turboden S.p.A.
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
      12. Reykjavik Geothermal
        1. Business Overview
        2. Product & Service Offering
        3. Overall Revenue
        4. Recent Development
Read Less

Figure 1: Global Geothermal Energy Market Revenue Breakdown (USD Billion, %) by Region, 2023 & 2032

Figure 2: Global Geothermal Energy Market Value Share (%), By Type, 2023 & 2032

Figure 3: Global Geothermal Energy Market Forecast (USD Billion), by Binary Cycle, 2019-2032

Figure 4: Global Geothermal Energy Market Forecast (USD Billion), by Flash, 2019-2032

Figure 5: Global Geothermal Energy Market Forecast (USD Billion), by Dry steam, 2019-2032

Figure 6: Global Geothermal Energy Market Value Share (%), By Application, 2023 & 2032

Figure 7: Global Geothermal Energy Market Forecast (USD Billion), by Residential, 2019-2032

Figure 8: Global Geothermal Energy Market Forecast (USD Billion), by Commercial, 2019-2032

Figure 9: Global Geothermal Energy Market Forecast (USD Billion), by Industrial, 2019-2032

Figure 10: Global Geothermal Energy Market Forecast (USD Billion), by Others,2019-2032

Figure 11: Global Geothermal Energy Market Value (USD Billion), by Region, 2023 & 2032

Figure 12: Global Geothermal Energy Market Value Share (%), by Region, 2023

Figure 13: North America Geothermal Energy Market Value Share (%), By Type, 2023 & 2032

Figure 14: North America Geothermal Energy Market Forecast (USD Billion), by Binary Cycle, 2019-2032

Figure 15: North America Geothermal Energy Market Forecast (USD Billion), by Flash, 2019-2032

Figure 16: North America Geothermal Energy Market Forecast (USD Billion), by Dry steam, 2019-2032

Figure 17: North America Geothermal Energy Market Value Share (%), By Application, 2023 & 2032

Figure 18: North America Geothermal Energy Market Forecast (USD Billion), by Residential, 2019-2032

Figure 19: North America Geothermal Energy Market Forecast (USD Billion), by Commercial, 2019-2032

Figure 20: North America Geothermal Energy Market Forecast (USD Billion), by Industrial, 2019-2032

Figure 21: North America Geothermal Energy Market Forecast (USD Billion), by Others, 2019-2032

Figure 22: Europe Geothermal Energy Market Value Share (%), By Type, 2023 & 2032

Figure 23: Europe Geothermal Energy Market Forecast (USD Billion), by Binary Cycle, 2019-2032

Figure 24: Europe Geothermal Energy Market Forecast (USD Billion), by Flash, 2019-2032

Figure 25: Europe Geothermal Energy Market Value Share (%), By Application, 2023 & 2032

Figure 26: Europe Geothermal Energy Market Forecast (USD Billion), by Residential, 2019-2032

Figure 27: Europe Geothermal Energy Market Forecast (USD Billion), by Commercial, 2019-2032

Figure 28: Europe Geothermal Energy Market Forecast (USD Billion), by Industrial, 2019-2032

Figure 29: Europe Geothermal Energy Market Forecast (USD Billion), by Others, 2019-2032

Figure 30: Europe Geothermal Energy Market Value (USD Billion), by Country, 2023 & 2032

Figure 31: Europe Geothermal Energy Market Value Share (%), by Country, 2023

Figure 32: Asia Pacific Geothermal Energy Market Value Share (%), By Type, 2023 & 2032

Figure 33: Asia Pacific Geothermal Energy Market Forecast (USD Billion), by Binary Cycle, 2019-2032

Figure 34: Asia Pacific Geothermal Energy Market Forecast (USD Billion), by Flash, 2019-2032

Figure 35: Asia Pacific Geothermal Energy Market Forecast (USD Billion), by Dry Steam, 2019-2032

Figure 36: Asia Pacific Geothermal Energy Market Value Share (%), By Application, 2023 & 2032

Figure 37: Asia Pacific Geothermal Energy Market Forecast (USD Billion), by Residential, 2019-2032

Figure 38: Asia Pacific Geothermal Energy Market Forecast (USD Billion), by Commercial, 2019-2032

Figure 39: Asia Pacific Geothermal Energy Market Forecast (USD Billion), by Industrial, 2019-2032

Figure 40: Asia Pacific Geothermal Energy Market Forecast (USD Billion), by Others, 2019-2032

Figure 41: Asia Pacific Geothermal Energy Market Value (USD Billion), by Country, 2023 & 2032

Figure 42: Asia Pacific Geothermal Energy Market Value Share (%), by Country, 2023

Figure 43: Latin America Geothermal Energy Market Value Share (%), By Type, 2023 & 2032

Figure 44: Latin America Geothermal Energy Market Forecast (USD Billion), by Binary Cycle, 2019-2032

Figure 45: Latin America Geothermal Energy Market Forecast (USD Billion), by Flash, 2019-2032

Figure 46: Latin America Geothermal Energy Market Forecast (USD Billion), by Dry Steam, 2019-2032

Figure 47: Latin America Geothermal Energy Market Value Share (%), By Application, 2023 & 2032

Figure 48: Latin America Geothermal Energy Market Forecast (USD Billion), by Residential, 2019-2032

Figure 49: Latin America Geothermal Energy Market Forecast (USD Billion), by Commercial, 2019-2032

Figure 50: Latin America Geothermal Energy Market Forecast (USD Billion), by Industrial, 2019-2032

Figure 51: Latin America Geothermal Energy Market Forecast (USD Billion), by Others,2019-2032

Figure 52: Latin America Geothermal Energy Market Value (USD Billion), by Country, 2023 & 2032

Figure 53: Latin America Geothermal Energy Market Value Share (%), by Country, 2023

Figure 54: Middle East & Africa Geothermal Energy Market Value Share (%), By Type, 2023 & 2032

Figure 55: Middle East & Africa Geothermal Energy Market Forecast (USD Billion), by Binary Cycle, 2019-2032

Figure 56: Middle East & Africa Geothermal Energy Market Forecast (USD Billion), by Flash, 2019-2032

Figure 57: Middle East & Africa Geothermal Energy Market Forecast (USD Billion), by Dry Steam, 2019-2032

Figure 58: Middle East & Africa Geothermal Energy Market Value Share (%), By Application, 2023 & 2032

Figure 59: Middle East & Africa Geothermal Energy Market Forecast (USD Billion), by Residential, 2019-2032

Figure 60: Middle East & Africa Geothermal Energy Market Forecast (USD Billion), by Commercial, 2019-2032

Figure 61: Middle East & Africa Geothermal Energy Market Forecast (USD Billion), by Industrial, 2019-2032

Figure 62: Middle East & Africa Geothermal Energy Market Forecast (USD Billion), by Others, 2019-2032

Figure 63: Middle East & Africa Geothermal Energy Market Value (USD Billion), by Country, 2023 & 2032

Figure 64: Middle East & Africa Geothermal Energy Market Value Share (%), by Country, 2023

Figure 65: Company Market Share Analysis (%), 2023

Table 1: Global Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 2: Global Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 3: Global Geothermal Energy Market Revenue (USD Billion) Forecast, By Application, 2019–2032

Table 4: Global Geothermal Energy Market Volume (MW) Forecast, By Application, 2019–2032

Table 5: Global Geothermal Energy Market Revenue (USD Billion) Forecast, By End-user, 2019–2032

Table 6: Global Geothermal Energy Market Volume (MW) Forecast, By End-user, 2019–2032

Table 7: North America Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 8: North America Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 9: North America Geothermal Energy Market Revenue (USD Billion) Forecast, By Application, 2019–2032

Table 10: North America Geothermal Energy Market Volume (MW) Forecast, By Application, 2019–2032

Table 11: Europe Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 12: Europe Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 13: Europe Geothermal Energy Market Revenue (USD Billion) Forecast, By Application, 2019–2032

Table 14: Europe Geothermal Energy Market Volume (MW) Forecast, By Application, 2019–2032

Table 15: Turkey Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 16: Turkey Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 17: Iceland Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 18: Iceland Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 19: Italy Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 20: Italy Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 21: Rest of Europe Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 22: Rest of Europe Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 23: Asia Pacific Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 24: Asia Pacific Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 25: Asia Pacific Geothermal Energy Market Revenue (USD Billion) Forecast, By Application, 2019–2032

Table 26: Asia Pacific Geothermal Energy Market Volume (MW) Forecast, By Application, 2019–2032

Table 27: Philippines Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 28: Philippines Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 29: Indonesia Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 30: Indonesia Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 31: New Zealand Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 32: New Zealand Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 33: Rest of Asia Pacific Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 34: Rest of Asia Pacific Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 35: Latin America Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 36: Latin America Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 37: Latin America Geothermal Energy Market Revenue (USD Billion) Forecast, By Application, 2019–2032

Table 38: Latin America Geothermal Energy Market Volume (MW) Forecast, By Application, 2019–2032

Table 39: Costa Rica Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 40: Costa Rica Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 41: Mexico Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 42: Mexico Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 43: EL Salvador Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 44: EL Salvador Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 45: Rest of Latin America Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 46: Rest of Latin America Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 47: Middle East & Africa Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 48: Middle East & Africa Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 49: Middle East & Africa Geothermal Energy Market Revenue (USD Billion) Forecast, By Application, 2019–2032

Table 50: Middle East & Africa Geothermal Energy Market Volume (MW) Forecast, By Application, 2019–2032

Table 51: Kenya Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 52: Kenya Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

Table 53: Rest of Middle East & Africa Geothermal Energy Market Revenue (USD Billion) Forecast, By Type, 2019–2032

Table 54: Rest of Middle East & Africa Geothermal Energy Market Volume (MW) Forecast, By Type, 2019–2032

  • 2019-2032
  • 2023
  • 2019-2022
  • 237

Energy & Power Clients

Abb
Caterpillar
Fujifilm
GM
Hitachi
Itic
Itochu
Nikon
Ntt
Schlumberger
Sumitomo
The Japan Research
UL

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X