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> Energy, Power and Mining> Geothermal Energy Market
Energy, Power and Mining EP0040 January 2020 Share

Geothermal Energy Market

Geothermal Energy market is expected to grow from USD 5.16 billion in 2019 to USD 7.79 billion by 2026 at a CAGR of 6% from 2020 to 2026.

Geothermal power is a stable and independent power generation system, which uses the warm vitality of the earth's magma to supply power. Geothermal power plants use the steam that is produced from predicament found around a mile or more below the surface to rotate turbines that start a generator, which further produces electricity. Three sorts of geothermal power plants are operating presently, which include binary cycle, dry steam, and flash steam. Government organizations are fixing efforts to scale back the dependency on oil for domestic energy use. To do so, several activities are explored and exploited to use renewable energy resources as an alternate energy source. For achieving this goal, the govt of Indonesia formulated a National Energy Policy, which involves guidelines for intensification, conservation, and diversification of energy. The global market is segregated on the basis of Product as Direct Dry Steam Plant, Binary Plant, and Flash Plant. Based on Application, the market is segmented in Residential, Industrial, and Commercial.

The global market report provides geographical analysis covering regions, such as The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Mitsubishi Heavy Industries, Berkshire Hathaway Energy, Enel Green Power North America Inc., Toshiba International Corp., Hyundai, Chevron Corporation, Pertamina Geothermal Energy, Energy Development Corporation, Aboitiz Power, Ormat Industries, and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

The global Geothermal Energy market has been segmented as below:

By Product

  • Direct Dry Steam Plant
  • Binary Plant
  • Flash Plant

By Application

  • Residential
  • Industrial
  • Commercial

Geothermal Energy Market, By Company

  • Mitsubishi Heavy Industries
  • Berkshire Hathaway Energy
  • Enel Green Power North America Inc.
  • Toshiba International Corp.
  • Hyundai
  • Chevron Corporation
  • Pertamina Geothermal Energy
  • Energy Development Corporation
  • Aboitiz Power
  • Ormat Industries
  • Gradient Resources.
  • Enel Green Power S.p.A.
  • Ormat Technologies Inc.
  • Kenya Pertamina Geothermal Energy
  • Electricity Generating Company PLC
  • Calpine Corporation
  • Aboitiz Power Corporation
  • Fuji Electric Co. Ltd

The report covers the below scope:

  • Global market sizes from 2019 to 2026, along with CAGR for 2020-2026
  • Market size comparison for 2020 vs 2026, with actual data for 2020, estimates for 2021 and forecast from 2021 to 2026
  • Global market trends, covering a comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis of competition pattern, portfolio comparisons, development trends, and strategic management
  • Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

  • Base year - 2019
  • Estimated year - 2020
  • Projected year - 2021
  • Forecast period - 2021 to 2026

Report Scope:

The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. Major industry players with significant revenue share include Mitsubishi Heavy Industries, Berkshire Hathaway Energy, Enel Green Power North America Inc., Toshiba International Corp., Hyundai, Chevron Corporation, Pertamina Geothermal Energy, Energy Development Corporation, Aboitiz Power, Ormat Industries, and others.

Why to Buy this Report:

  • Gain detailed insights on the Geothermal Energy industry trends
  • Find a complete analysis of the market status
  • Identify the market opportunities and growth segments
  • Analyze competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

The report targeted the existing players in the industry is as follows:

  • Market Manufacturers/Service Providers
  • Market Wholesale/Traders
  • Investment and Financial Institutions

Free and Paid Customization based on the requirement

Report Content

  1. Introduction

            1.1 Key Insights

            1.2 Report Overview

            1.3 Markets Covered

            1.4 Stakeholders

  1. Research Methodology

            2.1 Research Scope

            2.2 Market Research Process

            2.3 Research Data Analysis

                        2.4.1 Secondary Research

                        2.4.2 Primary Research

                        2.4.3 Models for Estimation

            2.5 Market Size Estimation

                        2.5.1 Bottom-Up Approach - Segmental Market Analysis

                        2.5.2 Top-Down Approach - Parent Market Analysis

  1. Executive Summary
  2. Market Overview

            4.1 Introduction

                        4.2.1 Drivers

                        4.2.2 Restraints

                        4.2.3 Opportunities

                        4.2.4 Challenges

            4.2 Porter's Five Force Analysis

  1. Geothermal Energy Market, By Product

            5.1 Introduction

            5.2 Direct Dry Steam Plant

                        5.2.1 Market Overview

                        5.2.2 Market Size and Forecast

            5.3 Binary Plant

                        5.3.1 Market Overview

                        5.3.2 Market Size and Forecast

            5.4 Flash Plant

                        5.4.1 Market Overview

                        5.4.2 Market Size and Forecast

  1. Geothermal Energy Market, By Application

            6.1 Introduction

            6.2 Residential

                        6.2.1 Market Overview

                        6.2.2 Market Size and Forecast

            6.3 Industrial

                        6.3.1 Market Overview

                        6.3.2 Market Size and Forecast

            6.4 Commercial

                        6.4.1 Market Overview

                        6.4.2 Market Size and Forecast

  1. Geothermal Energy Market, By Geography

            7.1 Introduction

            7.2 Europe

                        7.2.1 Europe Market, By Product

                        7.2.2 Europe Market, By Application

            7.3 North America

                        7.3.1 North America Market, By Product

                        7.3.2 North America Market, By Application

            7.4 Asia Pacific

                        7.4.1 Asia Pacific Market, By Product

                        7.4.2 Asia Pacific Market, By Application

            7.5 Rest of The World

                        7.5.1 Rest of The World Market, By Product

                        7.5.2 Rest of The World Market, By Application

  1. Competitive Insights

            8.1 Key Insights

            8.2 Company Market Share Analysis

            8.3 Strategic Outlook

                        8.3.1 Mergers & Acquisitions

                        8.3.2 New Product Development

                        8.3.3 Portfolio/Production Capacity Expansions

                        8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements

                        8.3.5 Others

  1. Company Profiles

(Overview, Key Financials, Recent Developments, Product and Service Offering)

  • Mitsubishi Heavy Industries
  • Berkshire Hathaway Energy
  • Enel Green Power North America Inc.
  • Toshiba International Corp.
  • Hyundai
  • Chevron Corporation
  • Pertamina Geothermal Energy
  • Energy Development Corporation
  • Aboitiz Power
  • Ormat Industries
  • Gradient Resources.
  • Enel Green Power S.p.A.
  • Ormat Technologies Inc.
  • Kenya Pertamina Geothermal Energy
  • Electricity Generating Company PLC
  • Calpine Corporation
  • Aboitiz Power Corporation
  • Fuji Electric Co. Ltd

The global Geothermal Energy market has been segmented as below:

By Product

  • Direct Dry Steam Plant
  • Binary Plant
  • Flash Plant

By Application

  • Residential
  • Industrial
  • Commercial

Geothermal Energy Market, By Company

  • Mitsubishi Heavy Industries
  • Berkshire Hathaway Energy
  • Enel Green Power North America Inc.
  • Toshiba International Corp.
  • Hyundai
  • Chevron Corporation
  • Pertamina Geothermal Energy
  • Energy Development Corporation
  • Aboitiz Power
  • Ormat Industries
  • Gradient Resources.
  • Enel Green Power S.p.A.
  • Ormat Technologies Inc.
  • Kenya Pertamina Geothermal Energy
  • Electricity Generating Company PLC
  • Calpine Corporation
  • Aboitiz Power Corporation
  • Fuji Electric Co. Ltd

FAQ's

The global Geothermal Energy market size is expected to surpass USD 7.79 billion by 2026.

Mitsubishi Heavy Industries, Berkshire Hathaway Energy, Enel Green Power North America Inc., Toshiba International Corp., Hyundai, Chevron Corporation, Pertamina Geothermal Energy, Energy Development Corporation, Aboitiz Power, Ormat Industries, Gradient Resources., Enel Green Power S.p.A., Ormat Technologies Inc., Kenya Pertamina Geothermal Energy, Electricity Generating Company PLC, Calpine Corporation, Aboitiz Power Corporation, Fuji Electric Co. Ltd are among the key players in the global Geothermal Energy market. We provide a minimum of 18 company profiles in the report.

The binary plant holdS a leading market share in the Geothermal Energy market share in 2019.

Yes, the individual sections of the report can be purchased. Please contact our sales representative to assist you in this regard.

Market Reports Library offers report customizations according to the client requirements, as we understand that the client requirements may not be solely satisfied by our syndicated reports. We offer a dedicated team for the customizations offering maximum value output for the money spent by the client. The modifications of report scope and additional insights are provided free as post-sale support to an extent of 10% of the report cost.

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