Geothermal Power Market Size, Share, and Trends 2024 to 2034

The global geothermal power market size was USD 6.30 billion in 2023, estimated at USD 6.62 billion in 2024 and is anticipated to reach around USD 10.78 billion by 2034, expanding at a CAGR of 5% from 2024 to 2034.

  • Last Updated : September 2023
  • Report Code : 1769
  • Category : Energy and Power

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Geothermal Power Market 

5.1. COVID-19 Landscape: Geothermal Power Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Geothermal Power Market, By Plant Type

8.1. Geothermal Power Market, by Plant Type, 2024-2034

8.1.1Binary Cycle Power Plants

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. Flash Steam Plants

8.1.2.1. Market Revenue and Forecast (2021-2034)

8.1.3. Dry Steam Plants

8.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Geothermal Power Market, By End User

9.1. Geothermal Power Market, by End User, 2024-2034

9.1.1. Residential

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. Industrial

9.1.2.1. Market Revenue and Forecast (2021-2034)

9.1.3. Commercial

9.1.3.1. Market Revenue and Forecast (2021-2034)

9.1.4. Others

9.1.4.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Geothermal Power Market, By Power Output 

10.1. Geothermal Power Market, by Power Output, 2024-2034

10.1.1. Up to 5 MW

10.1.1.1. Market Revenue and Forecast (2021-2034)

10.1.2. Above 5 MW

10.1.2.1. Market Revenue and Forecast (2021-2034)

Chapter 11. Global Geothermal Power Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.1.2. Market Revenue and Forecast, by End User (2021-2034)

11.1.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.1.4.2. Market Revenue and Forecast, by End User (2021-2034)

11.1.4.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.1.5.2. Market Revenue and Forecast, by End User (2021-2034)

11.1.5.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.2.2. Market Revenue and Forecast, by End User (2021-2034)

11.2.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.2.4.2. Market Revenue and Forecast, by End User (2021-2034)

11.2.4.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.2.5.2. Market Revenue and Forecast, by End User (2021-2034)

11.2.5.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.2.6.2. Market Revenue and Forecast, by End User (2021-2034)

11.2.6.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.2.7.2. Market Revenue and Forecast, by End User (2021-2034)

11.2.7.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.3.2. Market Revenue and Forecast, by End User (2021-2034)

11.3.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.3.4.2. Market Revenue and Forecast, by End User (2021-2034)

11.3.4.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.3.5.2. Market Revenue and Forecast, by End User (2021-2034)

11.3.5.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.3.6.2. Market Revenue and Forecast, by End User (2021-2034)

11.3.6.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.3.7.2. Market Revenue and Forecast, by End User (2021-2034)

11.3.7.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.4.2. Market Revenue and Forecast, by End User (2021-2034)

11.4.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.4.4.2. Market Revenue and Forecast, by End User (2021-2034)

11.4.4.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.4.5.2. Market Revenue and Forecast, by End User (2021-2034)

11.4.5.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.4.6.2. Market Revenue and Forecast, by End User (2021-2034)

11.4.6.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.4.7.2. Market Revenue and Forecast, by End User (2021-2034)

11.4.7.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.5.2. Market Revenue and Forecast, by End User (2021-2034)

11.5.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.5.4.2. Market Revenue and Forecast, by End User (2021-2034)

11.5.4.3. Market Revenue and Forecast, by Power Output (2021-2034)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Plant Type (2021-2034)

11.5.5.2. Market Revenue and Forecast, by End User (2021-2034)

11.5.5.3. Market Revenue and Forecast, by Power Output (2021-2034)

Chapter 12. Company Profiles

12.1.Calpine

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Ormat Technologies Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Enel Green Power North America Inc.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Gradient Resources

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Toshiba International Corp.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. EthosEnergy Group

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. ThermaSource LLC

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Terra-Gen Power LLC

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Chevron Corp.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Berkshire Hathaway Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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