Geothermal Energy Market Size, Status and Global Outlook 2023 To 2030

The Global Geothermal Energy Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030. The market growth is supported by various growth factors and major market determinants. The market research report includes the analysis of the market based on geographical segmentation and market segmentation. The Global Geothermal Energy Market report is a valuable source of insightful statistics for business strategists. This Report offers an industry overview with historic and future cost and growth analysis, revenue, demand, and supply data. Our analyst offers a comprehensive overview of the value chain and analysis of your distributor. This market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Geothermal Energy Market Size Was Valued At USD 59.40 Billion In 2021. The Market Is Projected To Grow From USD 62.65 Billion In 2022 To USD 95.82 Billion By 2029, Exhibiting A CAGR Of 6.3% During The Forecast Period.

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Top Leading Companies of Global Geothermal Energy Market are

  • Ormat Technologies Inc. (U.S.)
  • Calpine (U.S.)
  • Mitsubishi Corporation (Japan)
  • Enel Green Power North America Inc. (U.S.)
  • EthosEnergy (U.S.)
  • GEG Power (Iceland)
  • ElectraTherm (U.S.)
  • Toshiba International Corporation (Japan)
  • First Gen Corporation (Philippines)
  • Berkshire Hathaway Energy (U.S.)
  • Turboden S.p.A. (Italy)
  • Reykjavik Geothermal (Iceland)
  • Others
  • , and others.

Report Segments are:

By Type:

Binary Cycle

Flash

Dry Steam

Others

By Application:

Residential

Commercial

Industrial

Others

Recent Market Developments:

  • March 2021 – Rock Energy Group has agreed to lock up newly issued shares in Net Trading Group (NTG). The agreement came after a successful reverse buy-out between the companies. NTG shareholders voted in favor of the acquisition of Rock Energy at a general meeting on April 29, 2021.
  • September 2020 – IGas Energy Plc, a UK-based oil and gas exploration company, announced the acquisition of GT Energy. Through the acquisition, IGas has diversified its energy business in the UK market. GT Energy’s ongoing 14 MW geothermal project in the Etruria Valley is expected to start operating by 2022.

Global Geothermal Energy Market: Regional Analysis

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

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Years considered for this report:

Historical Years: 2017-2021

Base Year: 2022

Estimated Year: 2022

Forecast Period: 2023-2030

Important Sections from the Table of Contents:

  • Global Geothermal Energy Market Overview
  • Economic Impact on Industry
  • Market Competition by Manufacturers
  • Production, Revenue (Value) by Region
  • Supply (Production), Consumption, Export, Import by Regions
  • Production, Revenue (Value), Price Trend by Type
  • Market Analysis by Application
  • Manufacturing Cost Analysis
  • Industrial Chain, Sourcing Strategy and Downstream Buyers
  • Marketing Strategy Analysis, Distributors/Traders
  • Market Effect Factors Analysis
  • Global Geothermal Energy Market Forecast

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