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Geothermal Power Generation Global Market Report 2025
Global Geothermal Power Generation Market Report 2025

Report Price : $4490.00

Pages : 175

Format : PDF

Published : January 2025

Delivery Time : 2-3 Business Days

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Geothermal Power Generation Global Market Report 2025

By Type (Binary Cycle, Dry Steam, Flash Steam), By Application (Dry Steam Power Stations, Flash Steam Power Stations, Binary Cycle Power Stations), By End Users (Commercial, Residential, Industrial, Other End Users) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Geothermal Power Generation Market Overview

• Geothermal Power Generation market size has reached to $11.17 billion in 2024

• Expected to grow to $19.15 billion in 2029 at a compound annual growth rate (CAGR) of 11.1%

• Growth Driver: Role Of Increasing Renewable Energy Demand In Geothermal Power Generation Market Expansion

• Market Trend: Strategic Partnerships Drive Innovation In Geothermal Power Generation

Asia-Pacific was the largest region in 2024.

What Is Covered Under Geothermal Power Generation Market?

Geothermal power generation refers to the process of harnessing heat energy from beneath the Earth's surface to generate electricity. These systems utilize the heat from geothermal reservoirs or underground hot water and steam to drive turbines, which in turn produce electricity.

The main types of geothermal power generation are binary cycles, dry steam, and flash steam. Binary cycle power generation refers to the utilization of moderate-temperature geothermal resources by transferring heat from the geothermal fluid to a secondary fluid with a lower boiling point. It is used for various applications, including dry steam power stations, flash steam power stations, and binary cycle power stations, which are used by various end user industries, including commercial, residential, industrial, and others.

Geothermal Power Generation Market Size and growth rate 2025 to 2029: Graph

What Is The Geothermal Power Generation Market Size 2025 And Growth Rate?

The geothermal power generation market size has grown rapidly in recent years. It will grow from $11.17 billion in 2024 to $12.59 billion in 2025 at a compound annual growth rate (CAGR) of 12.6%. The growth in the historic period can be attributed to government incentives and subsidies, technological advancements in geothermal drilling and exploration, increasing environmental concerns and regulations, rising energy demand, growing investments in renewable energy.

What Is The Geothermal Power Generation Market Growth Forecast?

The geothermal power generation market size is expected to see rapid growth in the next few years. It will grow to $19.15 billion in 2029 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to advancements in enhanced geothermal systems (EGS) technology, expansion of geothermal projects in developing countries, growing emphasis on decarbonization and sustainability, increasing global energy demand, supportive government policies and regulations. Major trends in the forecast period include integration of geothermal energy with other renewable sources in hybrid energy systems, emergence of innovative financing models for geothermal projects, adoption of digital technologies for optimizing geothermal plant performance, expansion of geothermal power generation capacity.

The forecast of 11.1% growth over the next five years reflects a sligth reduction of 0.2% from the previous projection. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through slower expansion of clean energy capacity, as tariffs on corrosion-resistant piping and control systems from Sweden and Italy increase operational costs for geothermal facilities. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Electrical and Electronics Industry?

The rapid rise in U.S. tariffs and the subsequent trade frictions in spring 2025 are having a major impact on the electrical and electronics sector, with semiconductors, display panels, and rare-earth metals (essential for batteries and motors) subject to steep duties. Consumer electronics brands face profit erosion, as competitive markets limit their ability to pass costs to buyers. Industrial electronics manufacturers, meanwhile, grapple with delayed projects due to shortages of tariff-impacted components like printed circuit boards. Companies are responding by relocating assembly to tariff-exempt countries, increasing inventory buffers, and redesigning products to reduce dependency on restricted materials.

How Is The Geothermal Power Generation Market Segmented?

The geothermal power generation market covered in this report is segmented –

1) By Type: Binary Cycle, Dry Steam, Flash Steam

2) By Application: Dry Steam Power Stations, Flash Steam Power Stations, Binary Cycle Power Stations

3) By End Users: Commercial, Residential, Industrial, Other End Users

Subsegments:

1) By Binary Cycle: Organic Rankine Cycle (ORC) Systems, Dual-Flash Binary Cycle Systems, Other Binary Cycle Systems

2) By Dry Steam: Conventional Dry Steam Power Plants, Enhanced Dry Steam Systems

3) By Flash Steam: Single-Flash Steam Systems, Double-Flash Steam Systems

What Is Driving The Geothermal Power Generation Market? Role Of Increasing Renewable Energy Demand In Geothermal Power Generation Market Expansion

The growing demand for renewable energy is expected to fuel the growth of the geothermal power generation market going forward. Renewable energy refers to energy derived from naturally replenishing sources that are virtually inexhaustible on human timescales. The increasing demand for renewable energy is driven by its cost-effectiveness, environmental benefits, and the broader global transition towards sustainable energy systems. Renewable energy, including geothermal power generation, contributes to sustainable development, environmental protection, and the transition towards a cleaner and more resilient energy future. Geothermal energy is considered a clean and sustainable energy source because IT relies on a constantly replenished heat source within the Earth and generates minimal greenhouse gases when used to generate power. For instance, in December 2022, according to the International Energy Agency (IEA), a France-based intergovernmental organization, the global renewable power capacity is projected to grow by 2,400 gigawatts (GW) over the 2022–2027 period, representing a remarkable 30% increase compared to previous forecasts. Therefore, the growing demand for renewable energy is driving the growth of the geothermal power generation market.

Who Are The Major Players In The Global Geothermal Power Generation Market?

Major companies operating in the geothermal power generation market are Chevron Corp., Enel Green Power S.p.A., Mitsubishi Corporation, Siemens AG, General Electric SE, Sumitomo Corporation, ABB Ltd., Berkshire Hathaway Energy, Toshiba Corporation, Atlas Copco AB, Calpine Corporation, Fuji Electric Co. Ltd., Tata Power Company Limited, Aboitiz Power Corporation, First Gen Corporation, Ansaldo Energia S.P.A., Ormat Technologies Inc., Innergex Renewable Energy Inc., Climatemaster Inc., Green Mountain Energy Company, Exergy Inc., GEG Power Equipments Private Limited, ElectraTherm Inc., Fervo Energy Co., Climeon AB

What Are The Key Trends Of The Global Geothermal Power Generation Market? Strategic Partnerships Drive Innovation In Geothermal Power Generation

Major companies operating in the geothermal power generation market are focused on developing strategic partnerships to gain a competitive edge in the market. A geothermal power project partnership involves a collaborative arrangement between two or more entities to plan, develop, and operate a geothermal power generation facility. For instance, in November 2023, Google LLC, a US-based technology company, partnered with Fervo, a US-based clean-energy startup, to develop a first-of-its-kind geothermal power project in Nevada that aims to provide carbon-free energy to support Google's data centers and operations. Fervo uses advanced drilling techniques, which were originally developed by the oil and gas industry, to extract heat from beneath the earth's surface. Fervo has demonstrated the ability to produce round-the-clock carbon-free electricity using less land compared to other clean energy sources by installing fiber-optic cables to monitor the flow, temperature, and performance of the geothermal system in real-time.

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What Are Latest Mergers And Acquisitions In The Geothermal Power Generation Market? Ormat Technologies Inc. Strengthens Leadership In Renewable Energy Sector Acquisition Of Enel Green Power North America (EGPNA)

In October 2023, Ormat Technologies Inc., a US-based company that specializes in the manufacturing and development of geothermal power generation equipment, acquired the 150 MW portfolio of geothermal and solar assets from Enel Green Power North America (EGPNA) for approximately $271 million. This acquisition will enable Ormat to significantly expand its portfolio of renewable energy assets, and enhance its position as a leading player in the renewable energy sector. Enel Green Power North America (EGPNA) is a US-based owner and operator of geothermal and renewable energy plants in North America.

What Is The Regional Outlook For The Global Geothermal Power Generation Market?

Asia-Pacific was the largest region in the geothermal power generation market in 2024. The regions covered in the geothermal power generation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the geothermal power generation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Geothermal Power Generation Market?

The geothermal power generation market consists of revenues earned by entities by providing services such as exploration, resource assessment, drilling services, plant design, and construction. The market value includes the value of related goods sold by the service provider or included within the service offering. The geothermal power generation market also includes sales of geothermal heat pumps, drilling rigs, and well casing. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Geothermal Power Generation Industry?

The geothermal power generation market research report is one of a series of new reports from The Business Research Company that provides geothermal power generation market statistics, including geothermal power generation industry global market size, regional shares, competitors with geothermal power generation market share, detailed geothermal power generation market segments, market trends, and opportunities, and any further data you may need to thrive in the geothermal power generation industry. This geothermal power generation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Geothermal Power Generation Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $12.59 billion
Revenue Forecast In 2034 $19.15 billion
Growth Rate CAGR of 11.1% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Type: Binary Cycle, Dry Steam, Flash Steam
2) By Application: Dry Steam Power Stations, Flash Steam Power Stations, Binary Cycle Power Stations
3) By End Users: Commercial, Residential, Industrial, Other End Users Subsegments: 1) By Binary Cycle: Organic Rankine Cycle (ORC) Systems, Dual-Flash Binary Cycle Systems, Other Binary Cycle Systems
2) By Dry Steam: Conventional Dry Steam Power Plants, Enhanced Dry Steam Systems
3) By Flash Steam: Single-Flash Steam Systems, Double-Flash Steam Systems
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Chevron Corp., Enel Green Power S.p.A., Mitsubishi Corporation, Siemens AG, General Electric SE, Sumitomo Corporation, ABB Ltd., Berkshire Hathaway Energy, Toshiba Corporation, Atlas Copco AB, Calpine Corporation, Fuji Electric Co. Ltd., Tata Power Company Limited, Aboitiz Power Corporation, First Gen Corporation, Ansaldo Energia S.P.A., Ormat Technologies Inc., Innergex Renewable Energy Inc., Climatemaster Inc., Green Mountain Energy Company, Exergy Inc., GEG Power Equipments Private Limited, ElectraTherm Inc., Fervo Energy Co., Climeon AB
Customization ScopeRequest for Sample
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Table Of Contents

1. Executive Summary

2. Geothermal Power Generation Market Characteristics

3. Geothermal Power Generation Market Trends And Strategies

4. Geothermal Power Generation Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Geothermal Power Generation Growth Analysis And Strategic Analysis Framework

5.1. Global Geothermal Power Generation PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Geothermal Power Generation Market Growth Rate Analysis

5.4. Global Geothermal Power Generation Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Geothermal Power Generation Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Geothermal Power Generation Total Addressable Market (TAM)

6. Geothermal Power Generation Market Segmentation

6.1. Global Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Binary Cycle

Dry Steam

Flash Steam

6.2. Global Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Dry Steam Power Stations

Flash Steam Power Stations

Binary Cycle Power Stations

6.3. Global Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Commercial

Residential

Industrial

Other End Users

6.4. Global Geothermal Power Generation Market, Sub-Segmentation Of Binary Cycle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Organic Rankine Cycle (ORC) Systems

Dual-Flash Binary Cycle Systems

Other Binary Cycle Systems

6.5. Global Geothermal Power Generation Market, Sub-Segmentation Of Dry Steam, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Conventional Dry Steam Power Plants

Enhanced Dry Steam Systems

6.6. Global Geothermal Power Generation Market, Sub-Segmentation Of Flash Steam, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Single-Flash Steam Systems

Double-Flash Steam Systems

7. Geothermal Power Generation Market Regional And Country Analysis

7.1. Global Geothermal Power Generation Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Geothermal Power Generation Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Geothermal Power Generation Market

8.1. Asia-Pacific Geothermal Power Generation Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Geothermal Power Generation Market

9.1. China Geothermal Power Generation Market Overview

9.2. China Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Geothermal Power Generation Market

10.1. India Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Geothermal Power Generation Market

11.1. Japan Geothermal Power Generation Market Overview

11.2. Japan Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Geothermal Power Generation Market

12.1. Australia Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Geothermal Power Generation Market

13.1. Indonesia Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Geothermal Power Generation Market

14.1. South Korea Geothermal Power Generation Market Overview

14.2. South Korea Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Geothermal Power Generation Market

15.1. Western Europe Geothermal Power Generation Market Overview

15.2. Western Europe Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Geothermal Power Generation Market

16.1. UK Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Geothermal Power Generation Market

17.1. Germany Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Geothermal Power Generation Market

18.1. France Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Geothermal Power Generation Market

19.1. Italy Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Geothermal Power Generation Market

20.1. Spain Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Geothermal Power Generation Market

21.1. Eastern Europe Geothermal Power Generation Market Overview

21.2. Eastern Europe Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Geothermal Power Generation Market

22.1. Russia Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Geothermal Power Generation Market

23.1. North America Geothermal Power Generation Market Overview

23.2. North America Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Geothermal Power Generation Market

24.1. USA Geothermal Power Generation Market Overview

24.2. USA Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Geothermal Power Generation Market

25.1. Canada Geothermal Power Generation Market Overview

25.2. Canada Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Geothermal Power Generation Market

26.1. South America Geothermal Power Generation Market Overview

26.2. South America Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Geothermal Power Generation Market

27.1. Brazil Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Geothermal Power Generation Market

28.1. Middle East Geothermal Power Generation Market Overview

28.2. Middle East Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Geothermal Power Generation Market

29.1. Africa Geothermal Power Generation Market Overview

29.2. Africa Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Geothermal Power Generation Market Competitive Landscape And Company Profiles

30.1. Geothermal Power Generation Market Competitive Landscape

30.2. Geothermal Power Generation Market Company Profiles

30.2.1. Chevron Corp. Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Enel Green Power S.p.A. Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Mitsubishi Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Siemens AG Overview, Products and Services, Strategy and Financial Analysis

30.2.5. General Electric SE Overview, Products and Services, Strategy and Financial Analysis

31. Geothermal Power Generation Market Other Major And Innovative Companies

31.1. Sumitomo Corporation

31.2. ABB Ltd.

31.3. Berkshire Hathaway Energy

31.4. Toshiba Corporation

31.5. Atlas Copco AB

31.6. Calpine Corporation

31.7. Fuji Electric Co. Ltd.

31.8. Tata Power Company Limited

31.9. Aboitiz Power Corporation

31.10. First Gen Corporation

31.11. Ansaldo Energia S.P.A.

31.12. Ormat Technologies Inc.

31.13. Innergex Renewable Energy Inc.

31.14. Climatemaster Inc.

31.15. Green Mountain Energy Company

32. Global Geothermal Power Generation Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Geothermal Power Generation Market

34. Recent Developments In The Geothermal Power Generation Market

35. Geothermal Power Generation Market High Potential Countries, Segments and Strategies

35.1 Geothermal Power Generation Market In 2029 - Countries Offering Most New Opportunities

35.2 Geothermal Power Generation Market In 2029 - Segments Offering Most New Opportunities

35.3 Geothermal Power Generation Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Geothermal Power Generation Market, Sub-Segmentation Of Binary Cycle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Geothermal Power Generation Market, Sub-Segmentation Of Dry Steam, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Geothermal Power Generation Market, Sub-Segmentation Of Flash Steam, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Geothermal Power Generation Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Geothermal Power Generation Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Asia-Pacific, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: China, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: India, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: Japan, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Australia, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Indonesia, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: South Korea, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Western Europe, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: UK, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Germany, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: France, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Italy, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Spain, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Eastern Europe, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Russia, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: North America, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: USA, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: Canada, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: South America, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Brazil, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Middle East, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Africa, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Chevron Corp. Financial Performance
  • Table 78: Enel Green Power S.p.A. Financial Performance
  • Table 79: Mitsubishi Corporation Financial Performance
  • Table 80: Siemens AG Financial Performance
  • Table 81: General Electric SE Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Geothermal Power Generation Market, Sub-Segmentation Of Binary Cycle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Geothermal Power Generation Market, Sub-Segmentation Of Dry Steam, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Geothermal Power Generation Market, Sub-Segmentation Of Flash Steam, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Geothermal Power Generation Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Geothermal Power Generation Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Asia-Pacific, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: China, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: India, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: Japan, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Australia, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Indonesia, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: South Korea, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Western Europe, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: UK, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Germany, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: France, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Italy, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Spain, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Eastern Europe, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Russia, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: North America, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: USA, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: Canada, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: South America, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Brazil, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Middle East, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Africa, Geothermal Power Generation Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Geothermal Power Generation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Geothermal Power Generation Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Chevron Corp. Financial Performance
  • Figure 78: Enel Green Power S.p.A. Financial Performance
  • Figure 79: Mitsubishi Corporation Financial Performance
  • Figure 80: Siemens AG Financial Performance
  • Figure 81: General Electric SE Financial Performance

Frequently Asked Questions

Geothermal power generation refers to the process of harnessing heat energy from beneath the Earth's surface to generate electricity. These systems utilize the heat from geothermal reservoirs or underground hot water and steam to drive turbines, which in turn produce electricity. For further insights on this market, request a sample here

The market major growth driver - Role Of Increasing Renewable Energy Demand In Geothermal Power Generation Market Expansion. For further insights on this market, request a sample here

The geothermal power generation market size has grown rapidly in recent years. It will grow from $11.17 billion in 2024 to $12.59 billion in 2025 at a compound annual growth rate (CAGR) of 12.6%. The growth in the historic period can be attributed to government incentives and subsidies, technological advancements in geothermal drilling and exploration, increasing environmental concerns and regulations, rising energy demand, growing investments in renewable energy. The geothermal power generation market size is expected to see rapid growth in the next few years. It will grow to $19.15 billion in 2029 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to advancements in enhanced geothermal systems (EGS) technology, expansion of geothermal projects in developing countries, growing emphasis on decarbonization and sustainability, increasing global energy demand, supportive government policies and regulations. Major trends in the forecast period include integration of geothermal energy with other renewable sources in hybrid energy systems, emergence of innovative financing models for geothermal projects, adoption of digital technologies for optimizing geothermal plant performance, expansion of geothermal power generation capacity. For further insights on this market, request a sample here

The geothermal power generation market covered in this report is segmented –
1) By Type: Binary Cycle, Dry Steam, Flash Steam
2) By Application: Dry Steam Power Stations, Flash Steam Power Stations, Binary Cycle Power Stations
3) By End Users: Commercial, Residential, Industrial, Other End Users Subsegments:
1) By Binary Cycle: Organic Rankine Cycle (ORC) Systems, Dual-Flash Binary Cycle Systems, Other Binary Cycle Systems
2) By Dry Steam: Conventional Dry Steam Power Plants, Enhanced Dry Steam Systems
3) By Flash Steam: Single-Flash Steam Systems, Double-Flash Steam Systems For further insights on this market,
request a sample here

Asia-Pacific was the largest region in the geothermal power generation market in 2024. The regions covered in the geothermal power generation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the geothermal power generation market are Chevron Corp., Enel Green Power S.p.A., Mitsubishi Corporation, Siemens AG, General Electric SE, Sumitomo Corporation, ABB Ltd., Berkshire Hathaway Energy, Toshiba Corporation, Atlas Copco AB, Calpine Corporation, Fuji Electric Co. Ltd., Tata Power Company Limited, Aboitiz Power Corporation, First Gen Corporation, Ansaldo Energia S.P.A., Ormat Technologies Inc., Innergex Renewable Energy Inc., Climatemaster Inc., Green Mountain Energy Company, Exergy Inc., GEG Power Equipments Private Limited, ElectraTherm Inc., Fervo Energy Co., Climeon AB. For further insights on this market, request a sample here.

Major trends in this market include Strategic Partnerships Drive Innovation In Geothermal Power Generation. For further insights on this market, request a sample here.

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