This report studies the Geothermal Power market, covering market size for segment by type (Dry Steam Geothermal Power, Flash Steam Geothermal Power, etc.), by application (Industrial, Commercial, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Mitsubishi, Ormat, Toshiba, Fuji, Alstom, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
This report provides detailed historical analysis of global market for Geothermal Power from 2017-2022, and provides extensive market forecasts from 2023-2031 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Geothermal Power market.
The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
Leading players of Geothermal Power including:
Mitsubishi
Ormat
Toshiba
Fuji
Alstom
General Electric
Chevron
Calpine
Energy Development
Comisión Federal de Electricidad
Enel Green Power
KenGen
Contact Energy
Orkuveita Reykjavikur
Pertamina Geothermal Energy
CalEnergy Generation
Star Energy Ltd
Northern California Power Agency
Terra-Gen
Market split by Type, can be divided into:
Dry Steam Geothermal Power
Flash Steam Geothermal Power
Binary Cycle Geothermal Power
Market split by Application, can be divided into:
Industrial
Commercial
Residential
Market split by Sales Channel, can be divided into:
Direct Channel
Distribution Channel
Market segment by Region/Country including:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
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Chapter 1 Geothermal Power Market Overview
1.1 Geothermal Power Definition
1.2 Global Geothermal Power Market Size Status and Outlook (2017-2031)
1.3 Global Geothermal Power Market Size Comparison by Region (2017-2031)
1.4 Global Geothermal Power Market Size Comparison by Type (2017-2031)
1.5 Global Geothermal Power Market Size Comparison by Application (2017-2031)
1.6 Global Geothermal Power Market Size Comparison by Sales Channel (2017-2031)
1.7 Geothermal Power Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Mergers/Acquisitions/Expansion)
1.7.4 COVID-19 Impacts
1.7.5 Russia-Ukraine War Impacts
Chapter 2 Geothermal Power Market Segment Analysis by Player
2.1 Global Geothermal Power Sales and Market Share by Player (2020-2022)
2.2 Global Geothermal Power Revenue and Market Share by Player (2020-2022)
2.3 Global Geothermal Power Average Price by Player (2020-2022)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 Geothermal Power Market Segment Analysis by Type
3.1 Global Geothermal Power Market by Type
3.1.1 Dry Steam Geothermal Power
3.1.2 Flash Steam Geothermal Power
3.1.3 Binary Cycle Geothermal Power
3.2 Global Geothermal Power Sales and Market Share by Type (2017-2022)
3.3 Global Geothermal Power Revenue and Market Share by Type (2017-2022)
3.4 Global Geothermal Power Average Price by Type (2017-2022)
3.5 Leading Players of Geothermal Power by Type in 2022
3.6 Conclusion of Segment by Type
Chapter 4 Geothermal Power Market Segment Analysis by Application
4.1 Global Geothermal Power Market by Application
4.1.1 Industrial
4.1.2 Commercial
4.1.3 Residential
4.2 Global Geothermal Power Revenue and Market Share by Application (2017-2022)
4.3 Leading Consumers of Geothermal Power by Application in 2022
4.4 Conclusion of Segment by Application
Chapter 5 Geothermal Power Market Segment Analysis by Sales Channel
5.1 Global Geothermal Power Market by Sales Channel
5.1.1 Direct Channel
5.1.2 Distribution Channel
5.2 Global Geothermal Power Revenue and Market Share by Sales Channel (2017-2022)
5.3 Leading Distributors/Dealers of Geothermal Power by Sales Channel in 2022
5.4 Conclusion of Segment by Sales Channel
Chapter 6 Geothermal Power Market Segment Analysis by Region
6.1 Global Geothermal Power Market Size and CAGR by Region (2017-2031)
6.2 Global Geothermal Power Sales and Market Share by Region (2017-2022)
6.3 Global Geothermal Power Revenue and Market Share by Region (2017-2022)
6.4 North America
6.4.1 North America Market by Country
6.4.2 North America Geothermal Power Market Share by Type
6.4.3 North America Geothermal Power Market Share by Application
6.4.4 United States
6.4.5 Canada
6.4.6 Mexico
6.5 Europe
6.5.1 Europe Market by Country
6.5.2 Europe Geothermal Power Market Share by Type
6.5.3 Europe Geothermal Power Market Share by Application
6.5.4 Germany
6.5.5 UK
6.5.6 France
6.5.7 Italy
6.5.8 Russia
6.5.9 Spain
6.6 Asia-Pacific
6.6.1 Asia-Pacific Market by Country
6.6.2 Asia-Pacific Geothermal Power Market Share by Type
6.6.3 Asia-Pacific Geothermal Power Market Share by Application
6.6.4 China
6.6.5 Japan
6.6.6 Korea
6.6.7 India
6.6.8 Southeast Asia
6.6.9 Australia
6.7 South America
6.7.1 South America Market by Country
6.7.2 South America Geothermal Power Market Share by Type
6.7.3 South America Geothermal Power Market Share by Application
6.7.4 Brazil
6.7.5 Argentina
6.7.6 Colombia
6.8 Middle East & Africa
6.8.1 Middle East & Africa Market by Country
6.8.2 Middle East & Africa Geothermal Power Market Share by Type
6.8.3 Middle East & Africa Geothermal Power Market Share by Application
6.8.4 UAE
6.8.5 Saudi Arabia
6.8.6 South Africa
6.9 Conclusion of Segment by Region
Chapter 7 Profile of Leading Geothermal Power Players
7.1 Mitsubishi
7.1.1 Company Snapshot
7.1.2 Product/Service Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.2 Ormat
7.3 Toshiba
7.4 Fuji
7.5 Alstom
7.6 General Electric
7.7 Chevron
7.8 Calpine
7.9 Energy Development
7.10 Comisión Federal de Electricidad
7.11 Enel Green Power
7.12 KenGen
7.13 Contact Energy
7.14 Orkuveita Reykjavikur
7.15 Pertamina Geothermal Energy
7.16 CalEnergy Generation
7.17 Star Energy Ltd
7.18 Northern California Power Agency
7.19 Terra-Gen
Chapter 8 Upstream and Downstream Analysis of Geothermal Power
8.1 Industrial Chain of Geothermal Power
8.2 Upstream of Geothermal Power
8.3 Downstream of Geothermal Power
Chapter 9 Development Trend of Geothermal Power (2023-2031)
9.1 Global Geothermal Power Market Size (Sales and Revenue) Forecast (2023-2031)
9.2 Global Geothermal Power Market Size and CAGR Forecast by Region (2023-2031)
9.3 Global Geothermal Power Market Size and CAGR Forecast by Type (2023-2031)
9.4 Global Geothermal Power Market Size and CAGR Forecast by Application (2023-2031)
9.5 Global Geothermal Power Market Size and CAGR Forecast by Sales Channel (2023-2031)
Chapter 10 Appendix
10.1 Research Methodology
10.2 Data Sources
10.3 Disclaimer
10.4 Analysts Certification
List of Tables and Figures
Figure Geothermal Power Example
Figure Global Geothermal Power Revenue (Million $) Status and Outlook (2017-2031)
Figure Global Geothermal Power Revenue (Million $) Comparison by Region (2017-2031)
Figure Global Geothermal Power Revenue (Million $) Comparison by Type (2017-2031)
Figure Global Geothermal Power Revenue (Million $) Comparison by Application (2017-2031)
Figure Global Geothermal Power Revenue (Million $) Comparison by Sales Channel (2017-2031)
Table Global Geothermal Power Sales by Player (2020-2022)
Table Global Geothermal Power Sales Market Share by Player (2020-2022)
Figure Global Geothermal Power Sales Market Share by Player in 2022
Table Global Geothermal Power Revenue (Million $) by Player (2020-2022)
Table Global Geothermal Power Revenue Market Share by Player (2020-2022)
Figure Global Geothermal Power Revenue Market Share by Player in 2022
Table Global Geothermal Power Average Price by Player (2020-2022)
Figure Global Geothermal Power Average Price by Player in 2022
Figure Global Geothermal Power Players Competition Situation – Top 5 Players’ Revenue Market Share in 2020
Figure Global Geothermal Power Players Competition Trends – Top 5 Players’ Revenue Market Share in 2022
Figure Example of Dry Steam Geothermal Power
Figure Global Dry Steam Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Flash Steam Geothermal Power
Figure Global Flash Steam Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Binary Cycle Geothermal Power
Figure Global Binary Cycle Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Table Global Geothermal Power Sales by Type (2017-2022)
Table Global Geothermal Power Sales Market Share by Type (2017-2022)
Figure Global Geothermal Power Sales Market Share by Type in 2022
Table Global Geothermal Power Revenue (Million $) by Type (2017-2022)
Table Global Geothermal Power Revenue Market Share by Type (2017-2022)
Figure Global Geothermal Power Revenue Market Share by Type in 2022
Table Global Geothermal Power Average Price by Type (2017-2022)
Figure Global Geothermal Power Average Price by Type in 2022
Table Leading Players of Geothermal Power by Type in 2022
Figure Example of Industrial
Figure Global Geothermal Power for Industrial Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Commercial
Figure Global Geothermal Power for Commercial Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Residential
Figure Global Geothermal Power for Residential Revenue (Million $) and Growth Rate (2017-2022)
Table Global Geothermal Power Sales by Application (2017-2022)
Table Global Geothermal Power Sales Market Share by Application (2017-2022)
Figure Global Geothermal Power Sales Market Share by Application in 2022
Table Leading Consumers of Geothermal Power by Application in 2022
Figure Example of Direct Channel
Figure Global Geothermal Power for Direct Channel Revenue (Million $) and Growth Rate (2017-2022)
Figure Example of Distribution Channel
Figure Global Geothermal Power for Distribution Channel Revenue (Million $) and Growth Rate (2017-2022)
Table Global Geothermal Power Revenue by Sales Channel (2017-2022)
Table Global Geothermal Power Revenue Market Share by Sales Channel (2017-2022)
Figure Global Geothermal Power Revenue Market Share by Sales Channel in 2022
Table Leading Distributors/Dealers of Geothermal Power by Sales Channel in 2022
Table Global Geothermal Power Market Size and CAGR by Region (2017-2031)
Table Global Geothermal Power Sales by Region (2017-2022)
Table Global Geothermal Power Sales Market Share by Region (2017-2022)
Figure Global Geothermal Power Sales Market Share by Region in 2022
Table Global Geothermal Power Revenue (Million $) by Region (2017-2022)
Table Global Geothermal Power Revenue Market Share by Region (2017-2022)
Figure Global Geothermal Power Revenue Market Share by Region in 2022
Table North America Geothermal Power Sales by Country (2017-2022)
Figure North America Geothermal Power Sales Market Share by Country (2017-2022)
Table North America Geothermal Power Revenue by Country (2017-2022)
Figure North America Geothermal Power Revenue Market Share by Country (2017-2022)
Figure North America Geothermal Power Market Share by Type in 2022
Figure North America Geothermal Power Market Share by Application in 2022
Figure United States Geothermal Power Sales and Growth Rate (2017-2022)
Figure United States Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Figure Canada Geothermal Power Sales and Growth Rate (2017-2022)
Figure Canada Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Figure Mexico Geothermal Power Sales and Growth Rate (2017-2022)
Figure Mexico Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Table Europe Geothermal Power Sales by Country (2017-2022)
Figure Europe Geothermal Power Sales Market Share by Country (2017-2022)
Table Europe Geothermal Power Revenue by Country (2017-2022)
Figure Europe Geothermal Power Revenue Market Share by Country (2017-2022)
Figure Europe Geothermal Power Market Share by Type in 2022
Figure Europe Geothermal Power Market Share by Application in 2022
Figure Germany Geothermal Power Sales and Growth Rate (2017-2022)
Figure Germany Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Figure UK Geothermal Power Sales and Growth Rate (2017-2022)
Figure UK Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Figure France Geothermal Power Sales and Growth Rate (2017-2022)
Figure France Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Figure Italy Geothermal Power Sales and Growth Rate (2017-2022)
Figure Italy Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Figure Russia Geothermal Power Sales and Growth Rate (2017-2022)
Figure Russia Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Figure Spain Geothermal Power Sales and Growth Rate (2017-2022)
Figure Spain Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Table Asia-Pacific Geothermal Power Sales by Country (2017-2022)
Figure Asia-Pacific Geothermal Power Sales Market Share by Country (2017-2022)
Table Asia-Pacific Geothermal Power Revenue by Country (2017-2022)
Figure Asia-Pacific Geothermal Power Revenue Market Share by Country (2017-2022)
Figure Asia-Pacific Geothermal Power Market Share by Type in 2022
Figure Asia-Pacific Geothermal Power Market Share by Application in 2022
Figure China Geothermal Power Sales and Growth Rate (2017-2022)
Figure China Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Figure Japan Geothermal Power Sales and Growth Rate (2017-2022)
Figure Japan Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Figure Korea Geothermal Power Sales and Growth Rate (2017-2022)
Figure Korea Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Figure India Geothermal Power Sales and Growth Rate (2017-2022)
Figure India Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Figure Southeast Asia Geothermal Power Sales and Growth Rate (2017-2022)
Figure Southeast Asia Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Figure Australia Geothermal Power Sales and Growth Rate (2017-2022)
Figure Australia Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Table South America Geothermal Power Sales by Country (2017-2022)
Figure South America Geothermal Power Sales Market Share by Country (2017-2022)
Table South America Geothermal Power Revenue by Country (2017-2022)
Figure South America Geothermal Power Revenue Market Share by Country (2017-2022)
Figure South America Geothermal Power Market Share by Type in 2022
Figure South America Geothermal Power Market Share by Application in 2022
Figure Brazil Geothermal Power Sales and Growth Rate (2017-2022)
Figure Brazil Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Figure Argentina Geothermal Power Sales and Growth Rate (2017-2022)
Figure Argentina Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Figure Colombia Geothermal Power Sales and Growth Rate (2017-2022)
Figure Colombia Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Table Middle East & Africa Geothermal Power Sales by Country (2017-2022)
Figure Middle East & Africa Geothermal Power Sales Market Share by Country (2017-2022)
Table Middle East & Africa Geothermal Power Revenue by Country (2017-2022)
Figure Middle East & Africa Geothermal Power Revenue Market Share by Country (2017-2022)
Figure Middle East & Africa Geothermal Power Market Share by Type in 2022
Figure Middle East & Africa Geothermal Power Market Share by Application in 2022
Figure UAE Geothermal Power Sales and Growth Rate (2017-2022)
Figure UAE Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Figure Saudi Arabia Geothermal Power Sales and Growth Rate (2017-2022)
Figure Saudi Arabia Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Figure South Africa Geothermal Power Sales and Growth Rate (2017-2022)
Figure South Africa Geothermal Power Revenue (Million $) and Growth Rate (2017-2022)
Table Company Snapshot of Mitsubishi
Table Geothermal Power Introduction of Mitsubishi
Table Geothermal Power Sales, Price, Revenue, Gross Margin and Market Share of Mitsubishi (2020-2022)
Table Industrial Chain of Geothermal Power
Table Manufacturing Cost Structure of Geothermal Power
Table General Manufacturing Process of Geothermal Power
Table Leading Distributors/Dealers of Geothermal Power
Table Leading Consumers of Geothermal Power
Figure Global Geothermal Power Sales and Growth Rate Forecast (2023-2031)
Figure Global Geothermal Power Revenue and Growth Rate Forecast (2023-2031)
Table Global Geothermal Power Market Size and CAGR Forecast by Region (2023-2031)
Table Global Geothermal Power Market Size and CAGR Forecast by Type (2023-2031)
Table Global Geothermal Power Market Size and CAGR Forecast by Application (2023-2031)
Table Global Geothermal Power Market Size and CAGR Forecast by Sales Channel (2023-2031)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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