Geothermal Power Market 2024-2028
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overview_1
Incremental Growth2024-2028 (US$mn)

$ 9124.5

overview_2
2024 Year-over-Year Growth

18.8%

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CAGR (2024-2028)

21.1%

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Report Coverage

Global

Geothermal Power Market Segmentation

Market Segmentation & Scope
Type
Flash Binary Dry steam
End-user
Industrial Commercial Residential

Geography

Europe

UK France Germany

APAC

China India Japan South Korea

North America

US Canada

South America

Brazil

Middle East and Africa

UAE

Market Segment by Geographic Landscape

regional_img

36%

of the growth will originate

from APAC

Global Market Size 2018 - 2028 (US$ Mn)

Market is segmented by Type into Flash, Binary, Dry steam

The Flash is expected to be largest growing segment during 2024-2028

Largest Segment - Flash

US$ 10,616.90 Mn

Geothermal Power Market by Type into Flash; 2018-2028 (US$ Mn)

Flash Market Revenue and Forecast 2018-2028 (US$ Mn)

Flash

  • Flash Market Size and Forecast 2018 to 2028 (US$ Mn)

Geothermal Power Market by Type into Binary; 2018-2028 (US$ Mn)

Binary Market Revenue and Forecast 2018-2028 (US$ Mn)

Binary

  • Binary Market Size and Forecast 2018 to 2028 (US$ Mn)

Geothermal Power Market by Type into Dry steam; 2018-2028 (US$ Mn)

Dry steam Market Revenue and Forecast 2018-2028 (US$ Mn)

Dry steam

  • Dry steam Market Size and Forecast 2018 to 2028 (US$ Mn)

Market is segmented by End-user into Industrial, Commercial, Residential

The Industrial is expected to be largest growing segment during 2024-2028

Largest Segment - Industrial

US$ 8,101.90 Mn

Geothermal Power Market Size by Segmentation, by End-user (US$ Mn)

End-user 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
Industrial 1364.10 XX XX XX XX XX XX XX XX XX XX XX
Commercial XX 1178.80 XX XX XX XX XX XX XX XX XX XX
Residential XX XX 1091.40 XX XX XX XX XX XX XX XX XX

Geothermal Power Market by End-user into Industrial; 2018-2028 (US$ Mn)

Industrial Market Revenue and Forecast 2018-2028 (US$ Mn)

Industrial

  • Industrial Market Size and Forecast 2018 to 2028 (US$ Mn)

Geothermal Power Market by End-user into Commercial; 2018-2028 (US$ Mn)

Commercial Market Revenue and Forecast 2018-2028 (US$ Mn)

Commercial

  • Commercial Market Size and Forecast 2018 to 2028 (US$ Mn)

Geothermal Power Market by End-user into Residential; 2018-2028 (US$ Mn)

Residential Market Revenue and Forecast 2018-2028 (US$ Mn)

Residential

  • Residential Market Size and Forecast 2018 to 2028 (US$ Mn)

Market is segmented by Geography into APAC, North America, Europe, South America, Middle East and Africa

The APAC is estimated to contribute 36% to the growth of global market during the forecast period 2024-2028.

Largest Segment - APAC

36%

Regional share of different regions, including APAC, North America, Europe, South America

Region 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
APAC 1048.90 XX XX XX XX XX XX XX XX XX XX XX
North America XX 934.60 XX XX XX XX XX XX XX XX XX XX
Europe XX XX 918.80 XX XX XX XX XX XX XX XX XX
South America XX XX XX 498.10 532.30 XX XX XX XX XX XX XX
Middle East and Africa XX XX XX XX XX XX XX XX XX XX XX XX

Geothermal Power Market Size by Geography into APAC; 2018-2028 (US$ Mn)

APAC Market Revenue and Forecast 2018-2028 (US$ Mn)

Geothermal Power Market Size by Geography into North America; 2018-2028 (US$ Mn)

North America Market Revenue and Forecast 2018-2028 (US$ Mn)

Geothermal Power Market Size by Country into US; 2018-2028 (US$ Mn)

US Market Revenue and Forecast 2018-2028 (US$ Mn)

Geothermal Power Market Size by Geography into Europe; 2018-2028 (US$ Mn)

Europe Market Revenue and Forecast 2018-2028 (US$ Mn)

Geothermal Power Market Size by Geography into South America; 2018-2028 (US$ Mn)

South America Market Revenue and Forecast 2018-2028 (US$ Mn)

Geothermal Power Market Size by Geography into Middle East and Africa; 2018-2028 (US$ Mn)

Middle East and Africa Market Revenue and Forecast 2018-2028 (US$ Mn)

Major Companies

Market Companies

Name Profile Employees Headquarters Website
Aboitiz Power Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Calpine Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Cyrq Energy IncView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
DEEP Earth Energy Production Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Enel SpaView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Energy Development Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
EnergySource LLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
First Gen CorpView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Geotherm Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Geothermal Engineering Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
HS OrkaView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Innergex Renewable Energy Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Kenya Electricity Generating Company PLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
KYUSHU ELECTRIC POWER CO., INC.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
NTPC Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Ormat Technologies Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
PT Pertamina Geothermal Energy TbkView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Reykjavik GeothermalView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Star Energy GeothermalView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com

Geothermal Power Market Scope

  1. By Type
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Type, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Type, 2024 to 2028
      1. Flash
      2. Binary
      3. Dry steam
    4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Type, 2024 to 2028
  2. By End-user
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By End-user, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By End-user, 2024 to 2028
      1. Industrial
      2. Commercial
      3. Residential
    4. Y-o-Y Growth Trend Analysis By End-user, 2018 to 2022
    5. Absolute $ Opportunity Analysis By End-user, 2024 to 2028
  3. By Region
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Region, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Region, 2024 to 2028
      1. APAC
      2. North America
      3. Europe
      4. South America
      5. Middle East and Africa
  4. APAC Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Type
    4. By End-user
  5. North America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. US
    4. By Type
    5. By End-user
  6. Europe Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Type
    4. By End-user
  7. South America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Type
    4. By End-user
  8. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Type
    4. By End-user

Major Companies

Market companies

Name Profile Employees Headquarters Website
Aboitiz Power Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Calpine Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Cyrq Energy IncView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
DEEP Earth Energy Production Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Enel SpaView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Energy Development Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
EnergySource LLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
First Gen CorpView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Geotherm Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Geothermal Engineering Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
HS OrkaView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Innergex Renewable Energy Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Kenya Electricity Generating Company PLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
KYUSHU ELECTRIC POWER CO., INC.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
NTPC Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Ormat Technologies Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
PT Pertamina Geothermal Energy TbkView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Reykjavik GeothermalView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Star Energy GeothermalView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
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