Global Geothermal Power Market Analysis 2021

The Global Geothermal Power Market is expected to reach $8.27 billion by 2026 growing at a CAGR of 7.0% from 2019 to 2026. Geothermal power is the power that is generated by geothermal power plants from the heat energy stored under the earth’s crust. Geothermal power plants utilize steam that is produced from hot water reservoirs beneath the earth’s surface. The steam is primarily required for the rotation of the turbine and then it will generate electricity. Geothermal power plants have the capacity factor to generate electricity more than 90%. Factors such as rise in demand for renewable energy and rise in electricity consumption are driving the market growth. However, high cost for the establishment of the geothermal power plant is restraining the growth of the market. Based on the power station type, flash steam power station segment is expected to continue over the forecast period. Factors such as increasing demand for low-priced electricity will play a significant role in the flash segment to maintain its market position The key vendors mentioned are Aboitiz Power Corporation, Alterra Power Corp, Ansaldo Energia, Berkshire Hathaway Energy, Calpine Corporation , Contact Energy, Enel Spa, Ethos Energy Group, and Fuji Electric Co., Ltd, General Electric Company, Korea Electric Power Corporation, MASPO Energy , Mitsubishi Electric Corporation, Ormat Technologies Inc, ThermaSource LLC, Toshiba Corporation, U.S. Geothermal Inc. Power Station Types Covered: • Binary Cycle Power Stations • Dry Steam Power Stations • Flash Steam Power Stations • Flash-Binary Technology • Single Flash • Double Flash • Triple Flash Materials Covered: • Molten Salt • Phase Change Material (PCM) • Water Resource Types Covered: • Convective Hydrothermal • Sedimentary Basin • Geo-Pressured • Radiogenic • Solidified Hot Dry Rock • Part Still Molten Magma Technology’s Covered: • Ground Source Heat Pumps • Direct-Use Geothermal • Deep Geothermal Systems • Enhanced Geothermal Systems Storages Covered: • Latent Heat Storage • Sensible Heat Storage • Thermo Chemical Storage Distribution Channels Covered: • Offline • Online Power Outputs Covered: • Up to 5 MW • Above 5 MW Types Covered: • Geothermal Power Plant • Geothermal Industry Equipment Manufacturers • Power Distributors • Research Institutions • Government Agencies Applications Covered: • Desalination Use • District Heating & Cooling • Electricity Use • Factory • Heating Use • Household • Power Generation • Process Heating & Cooling • School • Research Use End Users Covered: • Agriculture • Commercial • Industrial • Industry Automation • Residential • Utility Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2018 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period

1 Market Synopsis

2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources

3 Market Dynamics
3.1 Drivers
3.2 Restraints

4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Geothermal Power Market, By Power Station Type
5.1 Introduction
5.2 Binary Cycle Power Stations
5.3 Dry Steam Power Stations
5.4 Flash Steam Power Stations
5.5 Flash-Binary Technology
5.6 Single Flash
5.7 Double Flash
5.8 Triple Flash

6 Global Geothermal Power Market, By Material
6.1 Introduction
6.2 Molten Salt
6.3 Phase Change Material (PCM)
6.4 Water

7 Global Geothermal Power Market, By Resource Type
7.1 Introduction
7.2 Convective Hydrothermal
7.3 Sedimentary Basin
7.4 Geo-Pressured
7.5 Radiogenic
7.6 Solidified Hot Dry Rock
7.7 Part Still Molten Magma

8 Global Geothermal Power Market, By Technology
8.1 Introduction
8.2 Ground Source Heat Pumps
8.3 Direct-Use Geothermal
8.4 Deep Geothermal Systems
8.5 Enhanced Geothermal Systems

9 Global Geothermal Power Market, By Storage
9.1 Introduction
9.2 Latent Heat Storage
9.3 Sensible Heat Storage
9.4 Thermo Chemical Storage

10 Global Geothermal Power Market, By Distribution Channel
10.1 Introduction
10.2 Offline
10.3 Online

11 Global Geothermal Power Market, By Power Output
11.1 Introduction
11.2 Up to 5 MW
11.3 Above 5 MW

12 Global Geothermal Power Market, By Type
12.1 Introduction
12.2 Geothermal Power Plant
12.3 Geothermal Industry Equipment Manufacturers
12.4 Power Distributors
12.5 Research Institutions
12.6 Government Agencies

13 Global Geothermal Power Market, By Application
13.1 Introduction
13.2 Desalination Use
13.3 District Heating & Cooling
13.4 Electricity Use
13.5 Factory
13.6 Heating Use
13.7 Household
13.8 Power Generation
13.9 Process Heating & Cooling
13.10 School
13.11 Research Use

14 Global Geothermal Power Market, By End User
14.1 Introduction
14.2 Agriculture
14.3 Commercial
14.4 Industrial
14.5 Industry Automation
14.6 Residential
14.7 Utility

15 Global Geothermal Power Market, By Geography
15.1 Introduction
15.2 North America
15.3 Europe
15.4 Asia Pacific
15.5 South America
15.6 Middle East & Africa

16 Strategic Benchmarking

17 Vendors Landscape
17.1 Aboitiz Power Corporation
17.2 Alterra Power Corp
17.3 Ansaldo Energia
17.4 Berkshire Hathaway Energy
17.5 Calpine Corporation
17.6 Contact Energy
17.7 Enel Spa
17.8 EthosEnergy Group
17.9 Fuji Electric Co., Ltd
17.10 General Electric Company
17.11 Korea Electric Power Corporation
17.12 MASPO Energy
17.13 Mitsubishi Electric Corporation
17.14 Ormat Technologies Inc
17.15 ThermaSource LLC
17.16 Toshiba Corporation
17.17 U.S. Geothermal Inc

List of Data Tables
1 Global Geothermal Power Market Outlook, By Region (2018-2026) ($MN)
2 Global Geothermal Power Market Outlook, By Power Station Type (2018-2026) ($MN)
3 Global Geothermal Power Market Outlook, By Binary Cycle Power Stations (2018-2026) ($MN)
4 Global Geothermal Power Market Outlook, By Dry Steam Power Stations (2018-2026) ($MN)
5 Global Geothermal Power Market Outlook, By Flash Steam Power Stations (2018-2026) ($MN)
6 Global Geothermal Power Market Outlook, By Flash-Binary Technology (2018-2026) ($MN)
7 Global Geothermal Power Market Outlook, By Single Flash (2018-2026) ($MN)
8 Global Geothermal Power Market Outlook, By Double Flash (2018-2026) ($MN)
9 Global Geothermal Power Market Outlook, By Triple Flash (2018-2026) ($MN)
10 Global Geothermal Power Market Outlook, By Material (2018-2026) ($MN)
11 Global Geothermal Power Market Outlook, By Molten Salt (2018-2026) ($MN)
12 Global Geothermal Power Market Outlook, By Phase Change Material (PCM) (2018-2026) ($MN)
13 Global Geothermal Power Market Outlook, By Water (2018-2026) ($MN)
14 Global Geothermal Power Market Outlook, By Resource Type (2018-2026) ($MN)
15 Global Geothermal Power Market Outlook, By Convective Hydrothermal (2018-2026) ($MN)
16 Global Geothermal Power Market Outlook, By Sedimentary Basin (2018-2026) ($MN)
17 Global Geothermal Power Market Outlook, By Geo-Pressured (2018-2026) ($MN)
18 Global Geothermal Power Market Outlook, By Radiogenic (2018-2026) ($MN)
19 Global Geothermal Power Market Outlook, By Solidified Hot Dry Rock (2018-2026) ($MN)
20 Global Geothermal Power Market Outlook, By Part Still Molten Magma (2018-2026) ($MN)
21 Global Geothermal Power Market Outlook, By Technology (2018-2026) ($MN)
22 Global Geothermal Power Market Outlook, By Ground Source Heat Pumps (2018-2026) ($MN)
23 Global Geothermal Power Market Outlook, By Direct-Use Geothermal (2018-2026) ($MN)
24 Global Geothermal Power Market Outlook, By Deep Geothermal Systems (2018-2026) ($MN)
25 Global Geothermal Power Market Outlook, By Enhanced Geothermal Systems (2018-2026) ($MN)
26 Global Geothermal Power Market Outlook, By Storage (2018-2026) ($MN)
27 Global Geothermal Power Market Outlook, By Latent Heat Storage (2018-2026) ($MN)
28 Global Geothermal Power Market Outlook, By Sensible Heat Storage (2018-2026) ($MN)
29 Global Geothermal Power Market Outlook, By Thermo Chemical Storage (2018-2026) ($MN)
30 Global Geothermal Power Market Outlook, By Distribution Channel (2018-2026) ($MN)
31 Global Geothermal Power Market Outlook, By Offline (2018-2026) ($MN)
32 Global Geothermal Power Market Outlook, By Online (2018-2026) ($MN)
33 Global Geothermal Power Market Outlook, By Power Output (2018-2026) ($MN)
34 Global Geothermal Power Market Outlook, By Up to 5 MW (2018-2026) ($MN)
35 Global Geothermal Power Market Outlook, By Above 5 MW (2018-2026) ($MN)
36 Global Geothermal Power Market Outlook, By Type (2018-2026) ($MN)
37 Global Geothermal Power Market Outlook, By Geothermal Power Plant (2018-2026) ($MN)
38 Global Geothermal Power Market Outlook, By Geothermal Industry Equipment Manufacturers (2018-2026) ($MN)
39 Global Geothermal Power Market Outlook, By Power Distributors (2018-2026) ($MN)
40 Global Geothermal Power Market Outlook, By Research Institutions (2018-2026) ($MN)
41 Global Geothermal Power Market Outlook, By Government Agencies (2018-2026) ($MN)
42 Global Geothermal Power Market Outlook, By Application (2018-2026) ($MN)
43 Global Geothermal Power Market Outlook, By Desalination Use (2018-2026) ($MN)
44 Global Geothermal Power Market Outlook, By District Heating & Cooling (2018-2026) ($MN)
45 Global Geothermal Power Market Outlook, By Electricity Use (2018-2026) ($MN)
46 Global Geothermal Power Market Outlook, By Factory (2018-2026) ($MN)
47 Global Geothermal Power Market Outlook, By Heating Use (2018-2026) ($MN)
48 Global Geothermal Power Market Outlook, By Household (2018-2026) ($MN)
49 Global Geothermal Power Market Outlook, By Power Generation (2018-2026) ($MN)
50 Global Geothermal Power Market Outlook, By Process Heating & Cooling (2018-2026) ($MN)
51 Global Geothermal Power Market Outlook, By School (2018-2026) ($MN)
52 Global Geothermal Power Market Outlook, By Research Use (2018-2026) ($MN)
53 Global Geothermal Power Market Outlook, By End User (2018-2026) ($MN)
54 Global Geothermal Power Market Outlook, By Agriculture (2018-2026) ($MN)
55 Global Geothermal Power Market Outlook, By Commercial (2018-2026) ($MN)
56 Global Geothermal Power Market Outlook, By Industrial (2018-2026) ($MN)
57 Global Geothermal Power Market Outlook, By Industry Automation (2018-2026) ($MN)
58 Global Geothermal Power Market Outlook, By Residential (2018-2026) ($MN)
59 Global Geothermal Power Market Outlook, By Utility (2018-2026) ($MN)
60 North America Geothermal Power Market Outlook, By Power Station Type (2018-2026) ($MN)
61 North America Geothermal Power Market Outlook, By Material (2018-2026) ($MN)
62 North America Geothermal Power Market Outlook, By Resource Type (2018-2026) ($MN)
63 North America Geothermal Power Market Outlook, By Technology (2018-2026) ($MN)
64 North America Geothermal Power Market Outlook, By Storage (2018-2026) ($MN)
65 North America Geothermal Power Market Outlook, By Distribution Channel (2018-2026) ($MN)
66 North America Geothermal Power Market Outlook, By Power Output (2018-2026) ($MN)
67 North America Geothermal Power Market Outlook, By Type (2018-2026) ($MN)
68 North America Geothermal Power Market Outlook, By Application (2018-2026) ($MN)
69 North America Geothermal Power Market Outlook, By End User (2018-2026) ($MN)
70 Europe Geothermal Power Market Outlook, By Power Station Type (2018-2026) ($MN)
71 Europe Geothermal Power Market Outlook, By Material (2018-2026) ($MN)
72 Europe Geothermal Power Market Outlook, By Resource Type (2018-2026) ($MN)
73 Europe Geothermal Power Market Outlook, By Technology (2018-2026) ($MN)
74 Europe Geothermal Power Market Outlook, By Storage (2018-2026) ($MN)
75 Europe Geothermal Power Market Outlook, By Distribution Channel (2018-2026) ($MN)
76 Europe Geothermal Power Market Outlook, By Power Output (2018-2026) ($MN)
77 Europe Geothermal Power Market Outlook, By Type (2018-2026) ($MN)
78 Europe Geothermal Power Market Outlook, By Application (2018-2026) ($MN)
79 Europe Geothermal Power Market Outlook, By End User (2018-2026) ($MN)
80 Asia Pacific Geothermal Power Market Outlook, By Power Station Type (2018-2026) ($MN)
81 Asia Pacific Geothermal Power Market Outlook, By Material (2018-2026) ($MN)
82 Asia Pacific Geothermal Power Market Outlook, By Resource Type (2018-2026) ($MN)
83 Asia Pacific Geothermal Power Market Outlook, By Technology (2018-2026) ($MN)
84 Asia Pacific Geothermal Power Market Outlook, By Storage (2018-2026) ($MN)
85 Asia Pacific Geothermal Power Market Outlook, By Distribution Channel (2018-2026) ($MN)
86 Asia Pacific Geothermal Power Market Outlook, By Power Output (2018-2026) ($MN)
87 Asia Pacific Geothermal Power Market Outlook, By Type (2018-2026) ($MN)
88 Asia Pacific Geothermal Power Market Outlook, By Application (2018-2026) ($MN)
89 Asia Pacific Geothermal Power Market Outlook, By End User (2018-2026) ($MN)
90 South America Geothermal Power Market Outlook, By Power Station Type (2018-2026) ($MN)
91 South America Geothermal Power Market Outlook, By Material (2018-2026) ($MN)
92 South America Geothermal Power Market Outlook, By Resource Type (2018-2026) ($MN)
93 South America Geothermal Power Market Outlook, By Technology (2018-2026) ($MN)
94 South America Geothermal Power Market Outlook, By Storage (2018-2026) ($MN)
95 South America Geothermal Power Market Outlook, By Distribution Channel (2018-2026) ($MN)
96 South America Geothermal Power Market Outlook, By Power Output (2018-2026) ($MN)
97 South America Geothermal Power Market Outlook, By Type (2018-2026) ($MN)
98 South America Geothermal Power Market Outlook, By Application (2018-2026) ($MN)
99 South America Geothermal Power Market Outlook, By End User (2018-2026) ($MN)
100 Middle East & Africa Geothermal Power Market Outlook, By Power Station Type (2018-2026) ($MN)
101 Middle East & Africa Geothermal Power Market Outlook, By Material (2018-2026) ($MN)
102 Middle East & Africa Geothermal Power Market Outlook, By Resource Type (2018-2026) ($MN)
103 Middle East & Africa Geothermal Power Market Outlook, By Technology (2018-2026) ($MN)
104 Middle East & Africa Geothermal Power Market Outlook, By Storage (2018-2026) ($MN)
105 Middle East & Africa Geothermal Power Market Outlook, By Distribution Channel (2018-2026) ($MN)
106 Middle East & Africa Geothermal Power Market Outlook, By Power Output (2018-2026) ($MN)
107 Middle East & Africa Geothermal Power Market Outlook, By Type (2018-2026) ($MN)
108 Middle East & Africa Geothermal Power Market Outlook, By Application (2018-2026) ($MN)
109 Middle East & Africa Geothermal Power Market Outlook, By End User (2018-2026) ($MN)