Geothermal Drilling Market for Power Generation by Application, Area and Geography - Forecast and Analysis 2023-2027

Published: Aug 2023 Pages: 161 SKU: IRTNTR44744

Geothermal Drilling Market for Power Generation Report 2023-2027 

The Geothermal Drilling Market for Power generation is estimated to grow at a CAGR of 4.31% between 2022 and 2027. The market size is forecast to increase by USD 205.01 million. The growth of the market depends on several factors such as the rising demand for energy worldwide, the need for efficient use of resources and reduction of emissions, and the volatility in oil prices and increase in electricity prices boost demand for geothermal energy. 

This Geothermal Drilling Market for Power Generation report extensively covers market segmentation by application (binary plants and steam plants), area (below 1000m and 1000-2000m), and geography (APAC, North America, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Geothermal Drilling Market for Power Generation During the Forecast Period?

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Geothermal Drilling Market for Power Generation: Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Geothermal Drilling Market for Power Generation Driver

Volatility in oil prices and increase in electricity prices boost demand for geothermal energy is the key factor driving the growth of the market. Remarkable cost savings and environmental benefits are key factors driving geothermal drilling for the global power generation market. Additionally, various government initiatives are increasing the already growing demand for geothermal energy.

Furthermore, demand for geothermal drilling rig is expected to increase due to increased focus on the use of renewable energy to mitigate climate change and environmental degradation. Therefore, the geothermal drilling for power generation market is expected to witness significant growth during the forecast period.

Key Geothermal Drilling Market for Power Generation Trends

The development of EGS technology is the primary trend in the market. Enhanced geothermal system (EGS) technology creates an artificial reservoir in a hot rock layer with low natural permeability. EGS technology has the potential to expand the geothermal resource base and open up new markets and opportunities for geothermal power generation. EGS technology enables geothermal power generation in areas that may not have ideal geological conditions for conventional geothermal systems.

Moreover, EGS technology is a breakthrough in geothermal technology, offering the potential to significantly expand the geothermal drilling rig market and enhance the role of geothermal power generation in the global energy transition. Therefore, the development of EGS technology will increase the utilization of geothermal energy, which in turn will fuel the growth of the market during the forecast period.

Key Geothermal Drilling Market for Power Generation Challenge

The location- or geography-specific nature of geothermal resources is a challenge that affects the growth of the market. Unlike oil, gas, and electricity, geothermal energy cannot be easily transported over long distances and once geothermal resources are extracted, they can only be used to power a single area around a power plant. Due to these challenges, geothermal power generation is restricted to specific regions, and its applications are limited. Apart from technical challenges, the market associated with geothermal drilling faces several challenges related to resource information.

Moreover, the most important parameters for geothermal project development are permeability, temperature, and reservoir size. Complete information about these parameters is available through 3G; geophysical, geological, and geochemical investigations. Projected resource requirements from  3G studies and actual resource consumption after drilling geothermal fields can vary significantly. This can negatively impact project cost projections. Thus, such factors will impede the growth of the global Geothermal Drilling Market for Power Generation for power generation during the forecast period.

Geothermal Drilling Market for Power Generation Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Geothermal Drilling Market for Power Generation Customer Landscape

Who are the Major Geothermal Drilling Market for Power Generation Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Schlumberger Ltd.: The company offers geothermal drilling products for power generation such as compact wellhead system and compact wellhead system, which provide fluid control for virtually any type of geothermal reservoir, including vapor dominated, liquid dominated, dry hot rock, and geopressured reservoirs.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Baker Hughes Co.
  • Deep Rock Manufacturing Co.
  • Drillstar Industries
  • Fraste Spa
  • GA Drilling AS
  • Geotech Drilling Services Ltd.
  • Gill Rock Drill Co. Inc.
  • Halliburton Co.
  • Huisman Equipment BV
  • Hydro Resources
  • KCA Deutag Alpha Ltd.
  • KONYA SONDAJ
  • Laibe Corp.
  • Marton Geotechnical Services Ltd.
  • Ormat Technologies Inc.
  • PT Pertamina Persero
  • Quaise Energy
  • SIMCO Drilling Equipment Inc.
  • STDS Jantz GmbH and Co. KG

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the growing segments in the Geothermal Drilling Market for Power Generation?

The binary plants segment is estimated to witness significant growth during the forecast period. A binary power plant is a closed-loop system in which nothing escapes into the atmosphere except water vapor. Dry steam and flash steam systems use geothermal brine to directly drive turbines. Therefore, these plants are not available as low-temperature geothermal reserves. However,  binary power plants have a wider range of applications due to the availability of cold geothermal fluids.

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The binary plants segment was the largest segment and was valued at USD 394.99 million in 2017Binary power plants are built where low to medium-enthalpy geothermal fields exist. These plants use low to moderately-heated geothermal fluids through heat exchangers to heat secondary or binary fluids such as ammonia-water mixtures or hydrocarbons. Heat from the geothermal fluid evaporates the binary fluid into steam, which drives a turbine that drives a generator to produce electricity. In such power plants,  geothermal water and binary fluids are confined in separate closed systems, resulting in extremely low emission rates. Thus, such factors will drive the growth of the segment during the forecast period. 

Which are the Key Regions for the Geothermal Drilling Market for Power Generation?

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APAC is estimated to contribute 41% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The geothermal drilling rig market for power generation in APAC is expected to see positive growth as population growth and rapid industrialization in the region are increasing the demand for electricity. Additionally, the vast geothermal potential, particularly in Indonesia and the Philippines, is driving the geothermal market in the region.

Moreover, Indonesia and the Philippines will become major producers of geothermal power in the region. Both countries have numerous geothermal projects in operation or in the planning stages and expanding their production capacity. These countries have invested in geothermal projects to diversify their energy mix and reduce emissions of greenhouse gas. Hence, such factors are expected to drive market growth in this region during the forecast period. 

The outbreak of the COVID-19 pandemic in 2020 negatively affected the growth of the market in APAC. However, in 2021, the initiation of large-scale vaccination drives?lifted the lockdown restrictions, which led to the resumption of supply chain activities. Furthermore, changing preferences for sustainable energy sources and demand for green energy are expected to boost the adoption of geothermal energy, driving the growth of the regional market for geothermal drilling for power generation during the forecast period.

Segment Overview

The Geothermal Drilling Market for Power Generation report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Million, 2017 - 2027)
    • Binary plants
    • Steam plants
  • Area Outlook (USD Million, 2017 - 2027)
    • Below 1000m
    • 1000-2000m
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Brazil 
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Geothermal Drilling Market for Power Generation Scope

Report Coverage

Details

Page number

161

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.31%

Market growth 2023-2027

USD 205.01 million

Market structure

Fragmented

YoY growth 2022-2023(%)

4.11

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 41%

Key countries

US, Turkey, Indonesia, The Philippines, and New Zealand

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Baker Hughes Co., Deep Rock Manufacturing Co., Drillstar Industries, Fraste Spa, GA Drilling AS, Geotech Drilling Services Ltd., Gill Rock Drill Co. Inc., Halliburton Co., Huisman Equipment BV, Hydro Resources, KCA Deutag Alpha Ltd., KONYA SONDAJ, Laibe Corp., Marton Geotechnical Services Ltd., Ormat Technologies Inc., PT Pertamina Persero, Quaise Energy, Schlumberger Ltd., SIMCO Drilling Equipment Inc., and STDS Jantz GmbH and Co. KG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Geothermal Drilling Market for Power Generation Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market across APAC, North America, Europe, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Area
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global geothermal drilling market for power generation 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global geothermal drilling market for power generation 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Area Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Area Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Binary plants - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Binary plants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Binary plants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Binary plants - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Binary plants - Year-over-year growth 2022-2027 (%)
    • 6.4 Steam plants - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Steam plants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Steam plants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Steam plants - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Steam plants - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 42: Market opportunity by Application ($ million)
      • Exhibit 43: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Area

    • 7.1 Market segments
      • Exhibit 44: Chart on Area - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Area - Market share 2022-2027 (%)
    • 7.2 Comparison by Area
      • Exhibit 46: Chart on Comparison by Area
      • Exhibit 47: Data Table on Comparison by Area
    • 7.3 Below 1000m - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Below 1000m - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Data Table on Below 1000m - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Chart on Below 1000m - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Below 1000m - Year-over-year growth 2022-2027 (%)
    • 7.4 1000-2000m - Market size and forecast 2022-2027
      • Exhibit 52: Chart on 1000-2000m - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on 1000-2000m - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on 1000-2000m - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on 1000-2000m - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Area
      • Exhibit 56: Market opportunity by Area ($ million)
      • Exhibit 57: Data Table on Market opportunity by Area ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 63: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 64: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Indonesia - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Indonesia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Indonesia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Indonesia - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Indonesia - Year-over-year growth 2022-2027 (%)
    • 9.10 The Philippines - Market size and forecast 2022-2027
      • Exhibit 91: Chart on The Philippines - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on The Philippines - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on The Philippines - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on The Philippines - Year-over-year growth 2022-2027 (%)
    • 9.11 Turkey - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Turkey - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Turkey - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Turkey - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Turkey - Year-over-year growth 2022-2027 (%)
    • 9.12 New Zealand - Market size and forecast 2022-2027
      • Exhibit 99: Chart on New Zealand - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on New Zealand - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on New Zealand - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on New Zealand - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ million)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Baker Hughes Co.
              • Exhibit 111: Baker Hughes Co. - Overview
              • Exhibit 112: Baker Hughes Co. - Business segments
              • Exhibit 113: Baker Hughes Co. - Key news
              • Exhibit 114: Baker Hughes Co. - Key offerings
              • Exhibit 115: Baker Hughes Co. - Segment focus
            • 12.4 Deep Rock Manufacturing Co.
              • Exhibit 116: Deep Rock Manufacturing Co. - Overview
              • Exhibit 117: Deep Rock Manufacturing Co. - Product / Service
              • Exhibit 118: Deep Rock Manufacturing Co. - Key offerings
            • 12.5 Fraste Spa
              • Exhibit 119: Fraste Spa - Overview
              • Exhibit 120: Fraste Spa - Product / Service
              • Exhibit 121: Fraste Spa - Key offerings
            • 12.6 GA Drilling AS
              • Exhibit 122: GA Drilling AS - Overview
              • Exhibit 123: GA Drilling AS - Product / Service
              • Exhibit 124: GA Drilling AS - Key offerings
            • 12.7 Geotech Drilling Services Ltd.
              • Exhibit 125: Geotech Drilling Services Ltd. - Overview
              • Exhibit 126: Geotech Drilling Services Ltd. - Product / Service
              • Exhibit 127: Geotech Drilling Services Ltd. - Key offerings
            • 12.8 Gill Rock Drill Co. Inc.
              • Exhibit 128: Gill Rock Drill Co. Inc. - Overview
              • Exhibit 129: Gill Rock Drill Co. Inc. - Key offerings
            • 12.9 Halliburton Co.
              • Exhibit 130: Halliburton Co. - Overview
              • Exhibit 131: Halliburton Co. - Business segments
              • Exhibit 132: Halliburton Co. - Key news
              • Exhibit 133: Halliburton Co. - Key offerings
              • Exhibit 134: Halliburton Co. - Segment focus
            • 12.10 Huisman Equipment BV
              • Exhibit 135: Huisman Equipment BV - Overview
              • Exhibit 136: Huisman Equipment BV - Product / Service
              • Exhibit 137: Huisman Equipment BV - Key offerings
            • 12.11 Hydro Resources
              • Exhibit 138: Hydro Resources - Overview
              • Exhibit 139: Hydro Resources - Product / Service
              • Exhibit 140: Hydro Resources - Key offerings
            • 12.12 KCA Deutag Alpha Ltd.
              • Exhibit 141: KCA Deutag Alpha Ltd. - Overview
              • Exhibit 142: KCA Deutag Alpha Ltd. - Business segments
              • Exhibit 143: KCA Deutag Alpha Ltd. - Key news
              • Exhibit 144: KCA Deutag Alpha Ltd. - Key offerings
              • Exhibit 145: KCA Deutag Alpha Ltd. - Segment focus
            • 12.13 KONYA SONDAJ
              • Exhibit 146: KONYA SONDAJ - Overview
              • Exhibit 147: KONYA SONDAJ - Product / Service
              • Exhibit 148: KONYA SONDAJ - Key offerings
            • 12.14 Laibe Corp.
              • Exhibit 149: Laibe Corp. - Overview
              • Exhibit 150: Laibe Corp. - Key offerings
            • 12.15 Marton Geotechnical Services Ltd.
              • Exhibit 151: Marton Geotechnical Services Ltd. - Overview
              • Exhibit 152: Marton Geotechnical Services Ltd. - Product / Service
              • Exhibit 153: Marton Geotechnical Services Ltd. - Key offerings
            • 12.16 Ormat Technologies Inc.
              • Exhibit 154: Ormat Technologies Inc. - Overview
              • Exhibit 155: Ormat Technologies Inc. - Business segments
              • Exhibit 156: Ormat Technologies Inc. - Key offerings
              • Exhibit 157: Ormat Technologies Inc. - Segment focus
            • 12.17 Schlumberger Ltd.
              • Exhibit 158: Schlumberger Ltd. - Overview
              • Exhibit 159: Schlumberger Ltd. - Business segments
              • Exhibit 160: Schlumberger Ltd. - Key news
              • Exhibit 161: Schlumberger Ltd. - Key offerings
              • Exhibit 162: Schlumberger Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 163: Inclusions checklist
                • Exhibit 164: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 165: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 166: Research methodology
                • Exhibit 167: Validation techniques employed for market sizing
                • Exhibit 168: Information sources
              • 13.5 List of abbreviations
                • Exhibit 169: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              geothermal drilling market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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