Geothermal Energy Market

The "Global Geothermal Energy Market" was valued at US$ 126610 Million in 2024 and is projected to reach US$ 202610 million by 2030, at a CAGR of 6.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Geothermal Energy is the heat derived from the Earth's internal layers, harnessed for power generation, heating, or cooling. It is a sustainable and renewable energy source, utilizing natural reservoirs of heat found beneath the Earth's surface.

A Capping Machine is a machine that tightens or secures a containers cap.

Geothermal Energy Market aims to provide a comprehensive presentation of the global market for Geothermal Energy, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their

position in the current marketplace, and make informed business decisions regarding Geothermal Energy. Geothermal Energy Market contains market size and forecasts of Geothermal Energy in global, including the following market information:

• Global Geothermal Energy Market Revenue, 2018-2023, 2024-2029, ($ millions)
• Global top five companies in 2022 (%)

In terms of type, there are two types of geothermal energy: hydrothermal geothermal energy and hot dry rock geothermal energy, of which the hot dry rock geothermal energy holds the biggest share over 90%. And in terms of application, direct use and geothermal power are the main applications of geothermal energy.The direct use is the largest application that holds a share about 87%. The main players are Energy Development, misin Federal de Electricidad and Ormat, etc.

We surveyed the Geothermal Energy companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

B Type:

• Hydrothermal Geothermal Energy
• Hot Dry Rock Geothermal Energy

By Application:

• Direct Use
• Geothermal Power

By Region and Country:

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Geothermal Energy revenues in global market, 2018-2023 (estimated), ($ millions)
• Key companies Geothermal Energy revenues share in global market, 2022 (%)

Key Players Include:

• Energy Development
• Comisin Federal de Electricidad
• Ormat
• Enel Green Power
• Calpine
• KenGen
• Pertamina Geothermal Energy
• Contact Energy
• Orkuveita Reykjavikur
• Star Energy Ltd
• Berkshire Hathaway Energy
• Northern California Power Agency
• HS Orka
• Cyrq Energy

Outline of Major Chapters:

Chapter 1: Introduces the definition of Geothermal Energy, market overview.

Chapter 2: Global Geothermal Energy market size in revenue.

Chapter 3: Detailed analysis of Geothermal Energy company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Geothermal Energy in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.