Geothermal Power Market, Rising investments and government initiatives to boost market growth - Technavio

NEW YORK, Sept. 19, 2022 /PRNewswire/ -- The geothermal power market size is expected to grow by 48935.01 GW at a CAGR of 8.2% during the forecast period of 2022-2026. Technavio report is compiled on research from a mix of primary interviews and secondary research, along with analytical tools that have been used to build the forecast and predictive models.

The report will comprise of detailed analysis of emerging market trends, regional outlook, competitive landscape, and comprehensive analysis of different market segments helping you to plan your business strategies. Grab your Free Sample Report on the Geothermal Power Market Right Away!

The geothermal power market provides a detailed analysis of market overview, market drivers, opportunities, and potential applications.

Geothermal Power Market Vendors

  • Aboitiz Power Corp.
  • Calpine Corp.
  • Cyrq Energy
  • DEEP Earth Energy Production Corp.
  • Enel Spa
  • Energy Development Corp.
  • EnergySource LLC
  • First Gen
  • Geotherm Inc.
  • Geothermal Engineering Ltd.
  • HS ORKA
  • Innergex Renewable Energy Inc.
  • Kenya Electricity Generating Co. Ltd.

The geothermal power market will be affected by the rising geothermal capacity. Apart from this, other market trends include Growing technical advances in the geothermal energy industry, Presence of substantial unexplored geothermal resources. Buy Sample Report.

Geothermal Power Market Split 

  • By Type
    • Flash
    • Dry steam
    • Binary
  • By Geography
    • APAC
    • North America
    • The Middle East and Africa
    • Europe
    • South America

The regional distribution of geothermal power market industries is considered for this market analysis, the result of which is utilized to estimate the performance of the International market over the period from 2021-2026. The geothermal power market research report shed light on the foremost regions: APAC, North America, the Middle East, Africa, Europe, and South America. Download Free Sample Report.

Imperative Insights on the following aspects:

  • What was the size of the global geothermal power industry by value?
  • What will be the size of the global geothermal power industry in 2026?
  • What factors are affecting the strength of competition in the global geothermal power industry?
  • How has the industry performed over the last five years?
  • What are the main segments that make up the global geothermal power market?

The geothermal power market research report presents critical information and factual data about the geothermal power industry, with an overall statistical study of this market based on market drivers, market limitations, and its future prospects. The widespread trends and opportunities are also taken into consideration in the geothermal power market study.

Why buy?

  • Identify growth Strategies across markets
  • Track competitor gains and losses in market share.
  • Get a Holistic View of the Market

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Geothermal Power Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 8.2%

Market growth 2022-2026

48935.01 GW

Market structure

Fragmented

YoY growth (%)

7.75

Regional analysis

APAC, North America, Middle East and Africa, Europe, and South America

Performing market contribution

APAC at 42%

Key consumer countries

US, Mexico, Turkey, Indonesia, The Philippines, and New Zealand

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Aboitiz Power Corp., Calpine Corp., Cyrq Energy, DEEP Earth Energy Production Corp., Enel Spa, Energy Development Corp., EnergySource LLC, First Gen, Geotherm Inc., Geothermal Engineering Ltd., HS ORKA, Innergex Renewable Energy Inc., Kenya Electricity Generating Co. Ltd., Kyushu Electric Power Co. Inc., NTPC Ltd., Ormat Technologies Inc., PT Pertamina Geothermal Energy, Reykjavik Geothermal, and Star Energy Geothermal

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio "Utilities" Research Reports

Table of Content:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 (GW)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 (GW)
    • Exhibit 15: Chart on Global Market- Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market- Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

  • 5.1 Market segments
    • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
  • 5.2 Comparison by Type
    • Exhibit 26: Chart on Comparison by Type
    • Exhibit 27: Data Table on Comparison by Type
  • 5.3 Flash - Market size and forecast 2021-2026 
    • Exhibit 28: Chart on Flash - Market size and forecast 2021-2026 (GW)
    • Exhibit 29: Data Table on Flash - Market size and forecast 2021-2026 (GW)
    • Exhibit 30: Chart on Flash - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Flash - Year-over-year growth 2021-2026 (%)
  • 5.4 Dry steam - Market size and forecast 2021-2026 
    • Exhibit 32: Chart on Dry steam - Market size and forecast 2021-2026 (GW)
    • Exhibit 33: Data Table on Dry steam - Market size and forecast 2021-2026 (GW)
    • Exhibit 34: Chart on Dry steam - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Dry steam - Year-over-year growth 2021-2026 (%)
  • 5.5 Binary - Market size and forecast 2021-2026 
    • Exhibit 36: Chart on Binary - Market size and forecast 2021-2026 (GW)
    • Exhibit 37: Data Table on Binary - Market size and forecast 2021-2026 (GW)
    • Exhibit 38: Chart on Binary - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Binary - Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Type 
    • Exhibit 40: Market opportunity by Type (GW)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026 
    • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 (GW)
    • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 (GW)
    • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 North America - Market size and forecast 2021-2026 
    • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 (GW)
    • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 (GW)
    • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.5 Middle East and Africa - Market size and forecast 2021-2026 
    • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 (GW)
    • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 (GW)
    • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.6 Europe - Market size and forecast 2021-2026 
    • Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 (GW)
    • Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 (GW)
    • Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.7 South America - Market size and forecast 2021-2026 
    • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 (GW)
    • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 (GW)
    • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026 
    • Exhibit 66: Chart on US - Market size and forecast 2021-2026 (GW)
    • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 (GW)
    • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 Indonesia - Market size and forecast 2021-2026 
    • Exhibit 70: Chart on Indonesia - Market size and forecast 2021-2026 (GW)
    • Exhibit 71: Data Table on Indonesia - Market size and forecast 2021-2026 (GW)
    • Exhibit 72: Chart on Indonesia - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Indonesia - Year-over-year growth 2021-2026 (%)
  • 7.10 The Philippines - Market size and forecast 2021-2026 
    • Exhibit 74: Chart on The Philippines - Market size and forecast 2021-2026 (GW)
    • Exhibit 75: Data Table on The Philippines - Market size and forecast 2021-2026 (GW)
    • Exhibit 76: Chart on The Philippines - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on The Philippines - Year-over-year growth 2021-2026 (%)
  • 7.11 New Zealand - Market size and forecast 2021-2026 
    • Exhibit 78: Chart on New Zealand - Market size and forecast 2021-2026 (GW)
    • Exhibit 79: Data Table on New Zealand - Market size and forecast 2021-2026 (GW)
    • Exhibit 80: Chart on New Zealand - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on New Zealand - Year-over-year growth 2021-2026 (%)
  • 7.12 Turkey - Market size and forecast 2021-2026 
    • Exhibit 82: Chart on Turkey - Market size and forecast 2021-2026 (GW)
    • Exhibit 83: Data Table on Turkey - Market size and forecast 2021-2026 (GW)
    • Exhibit 84: Chart on Turkey - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Turkey - Year-over-year growth 2021-2026 (%)
  • 7.13 Mexico - Market size and forecast 2021-2026 
    • Exhibit 86: Chart on Mexico - Market size and forecast 2021-2026 (GW)
    • Exhibit 87: Data Table on Mexico - Market size and forecast 2021-2026 (GW)
    • Exhibit 88: Chart on Mexico - Year-over-year growth 2021-2026 (%)
    • Exhibit 89: Data Table on Mexico - Year-over-year growth 2021-2026 (%)
  • 7.14 Market opportunity by geography 
    • Exhibit 90: Market opportunity by geography (GW)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 93: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 94: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 95: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 96: Matrix on vendor position and classification
  • 10.3 Aboitiz Power Corp.
    • Exhibit 97: Aboitiz Power Corp. - Overview
    • Exhibit 98: Aboitiz Power Corp. - Business segments
    • Exhibit 99: Aboitiz Power Corp. - Key offerings
    • Exhibit 100: Aboitiz Power Corp. - Segment focus
  • 10.4 Calpine Corp.
    • Exhibit 101: Calpine Corp. - Overview
    • Exhibit 102: Calpine Corp. - Product / Service
    • Exhibit 103: Calpine Corp. - Key offerings
  • 10.5 Enel Spa
    • Exhibit 104: Enel Spa - Overview
    • Exhibit 105: Enel Spa - Business segments
    • Exhibit 106: Enel Spa - Key offerings
    • Exhibit 107: Enel Spa - Segment focus
  • 10.6 Energy Development Corp. 
    • Exhibit 108: Energy Development Corp. - Overview
    • Exhibit 109: Energy Development Corp. - Business segments
    • Exhibit 110: Energy Development Corp. - Key offerings
    • Exhibit 111: Energy Development Corp. - Segment focus
  • 10.7 First Gen
    • Exhibit 112: First Gen - Overview
    • Exhibit 113: First Gen - Product / Service
    • Exhibit 114: First Gen - Key offerings
  • 10.8 Geothermal Engineering Ltd. 
    • Exhibit 115: Geothermal Engineering Ltd. - Overview
    • Exhibit 116: Geothermal Engineering Ltd. - Product / Service
    • Exhibit 117: Geothermal Engineering Ltd. - Key offerings
  • 10.9 HS ORKA
    • Exhibit 118: HS ORKA - Overview
    • Exhibit 119: HS ORKA - Product / Service
    • Exhibit 120: HS ORKA - Key offerings
  • 10.10 Innergex Renewable Energy Inc. 
    • Exhibit 121: Innergex Renewable Energy Inc. - Overview
    • Exhibit 122: Innergex Renewable Energy Inc. - Business segments
    • Exhibit 123: Innergex Renewable Energy Inc. - Key news
    • Exhibit 124: Innergex Renewable Energy Inc. - Key offerings
    • Exhibit 125: Innergex Renewable Energy Inc. - Segment focus
  • 10.11 Kenya Electricity Generating Co. Ltd. 
    • Exhibit 126: Kenya Electricity Generating Co. Ltd. - Overview
    • Exhibit 127: Kenya Electricity Generating Co. Ltd. - Product / Service
    • Exhibit 128: Kenya Electricity Generating Co. Ltd. - Key offerings
  • 10.12 Ormat Technologies Inc. 
    • Exhibit 129: Ormat Technologies Inc. - Overview
    • Exhibit 130: Ormat Technologies Inc. - Business segments
    • Exhibit 131: Ormat Technologies Inc. - Key offerings
    • Exhibit 132: Ormat Technologies Inc. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 133: Inclusions checklist
    • Exhibit 134: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 135: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 136: Research methodology
    • Exhibit 137: Validation techniques employed for market sizing
    • Exhibit 138: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 139: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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