Geothermal Power Market by Power Station Type (Dry Steam Power Stations, Flash Steam Power Stations, and Binary Cycle Power Stations) and End Use (Residential, Commercial, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 20192026
- Published Date: 2020-10-07
- Report ID: 526
- Pages: 116
-
Format:
The global geothermal power market was valued at $4.6 billion in 2018 and is projected to reach $6.8 billion by 2026, growing at a CAGR of 5.0% from 2019 to 2026. Geothermal energy is defined as the energy derived from the natural heat of the earth, owing to decay of the natural radioactive isotopes of uranium, thorium, and potassium. Power generated by geothermal energy is referred to as geothermal power. Technologies used to generate power from geothermal energy include flash steam power stations, dry steam power stations, and binary cycle power stations.
Currently, geothermal electricity generation is used in 26 countries, whereas geothermal heating is in use in around 70 countries. Enforcement of stringent government regulations supporting the use of geothermal power for generating electricity acts as a key driver of the global geothermal power market. Leading countries in terms of production of geothermal energy are the U.S., Philippines, Indonesia, Mexico, and Japan. Presence of large geothermal reserves in the U.S., Mexico, Philippines, and Indonesia is one of the significant factors propelling geothermal production in these countries.
Other factors such as volatility in fossil fuel prices, increase in greenhouse gases emissions, and cost-effectiveness of geothermal energy are boosting the demand for geothermal power to generate electricity. As a result, it is expected that the geothermal power market will grow significantly during the forecast period. However, certain factors are expected to hamper the growth of the market such as requirement of huge investment for geothermal power plants and negative impact of geothermal energy on the environment =.
The global geothermal power market is segmented into power station type, end use, and region. By power station type, the market is fragmented into dry steam power stations, flash steam power stations, and binary cycle power stations. Market segmentation based on end use includes residential, commercial, industrial, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players operating in the global geothermal power market are ABB, EDF, Enel Spa, General Electric (GE), The Tata Power Company Limited, Mitsubishi Hitachi Power Systems Inc., Toshiba Corporation, Korea Electric Power Corporation, Siemens AG, Yokogawa Electric Corporation
KEY BENEFITS FOR STAKEHOLDERS
Porters five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for building strategies.
The report outlines the current trends and future scenario of the geothermal power market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets.
Major countries in four major regions, namely, North America, Asia-Pacific, Europe, and LAMEA have been mapped according to their individual revenue contribution in the market analysis at regional and country-level.
The geothermal power market trends such as drivers, restraints, and opportunities and their detailed impact analyses are elucidated in the study.
The profiles of key players along with their contribution in market growth are enlisted in the report.
KEY MARKET SEGMENTS
By Power Station Type
Dry Steam Power Stations
Flash Steam Power Stations
Binary Cycle Power Stations
By End-use Industry
Residential
Commercial
Industrial
Others
By Region
North America
o U.S.
o Canada
Europe
o Germany
o France
o Iceland
o Italy
o Portugal
o Rest of Europe
Asia-Pacific
o Indonesia
o Japan
o Philippines
o Rest of Asia-Pacific
LAMEA
o Chile
o Turkey
o Kenya
o Rest of LAMEA
KEY PLAYERS
ABB
EDF
Enel Spa
General Electric (GE)
The Tata Power Company Limited
Mitsubishi Hitachi Power Systems Inc.
Toshiba Corporation
Korea Electric Power Corporation
Siemens AG
Yokogawa Electric Corporation
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders:
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings
2.1.1. Top investment pockets
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key forces shaping geothermal power market
3.3. Market evolution/industry roadmap
3.4. Impact of government regulations on the global geothermal power market
3.5. Patent analysis
3.5.1. By region, 20122017
3.6. Case study
3.7. Market dynamics
3.7.1. Drivers
3.7.1.1. Rise in demand for renewable energy
3.7.1.2. Rise in electricity consumption
3.7.2. Restraint
3.7.2.1. High cost for establishment of geothermal power plant
3.7.3. Opportunity
3.7.3.1. Potential growth opportunities offered by emerging economies
CHAPTER 4: GEOTHERMAL POWER MARKET, BY POWER STATION TYPE
4.1. Overview
4.2. Dry steam power stations
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. Flash steam power stations
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.4. Binary cycle power stations
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country
CHAPTER 5: GEOTHERMAL POWER MARKET, BY END USE
5.1. Overview
5.2. Residential
5.2.1. Market size and forecast, by region
5.2.2. Market analysis by country
5.3. Commercial
5.3.1. Market size and forecast, by region
5.3.2. Market analysis by country
5.4. Industrial
5.4.1. Market size and forecast, by region
5.4.2. Market analysis by country
5.5. Others
5.5.1. Market size and forecast, by region
5.5.2. Market analysis by country
CHAPTER 6: GEOTHERMAL POWER MARKET, BY REGION
6.1. Overview
6.2. North America
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by power station type
6.2.3. Market size and forecast, by end use
6.2.4. Market analysis by country
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast, by power station type
6.2.4.1.2. Market size and forecast, by end use
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by power station type
6.2.4.2.2. Market size and forecast, by end use
6.3. Europe
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by power station type
6.3.3. Market size and forecast, by end use
6.3.4. Market analysis by country
6.3.4.1. France
6.3.4.1.1. Market size and forecast, by power station type
6.3.4.1.2. Market size and forecast, by end use
6.3.4.2. Germany
6.3.4.2.1. Market size and forecast, by power station type
6.3.4.2.2. Market size and forecast, by end use
6.3.4.3. Iceland
6.3.4.3.1. Market size and forecast, by power station type
6.3.4.3.2. Market size and forecast, by end use
6.3.4.4. Italy
6.3.4.4.1. Market size and forecast, by power station type
6.3.4.4.2. Market size and forecast, by end use
6.3.4.5. Portugal
6.3.4.5.1. Market size and forecast, by power station type
6.3.4.5.2. Market size and forecast, by end use
6.3.4.6. Rest of Europe
6.3.4.6.1. Market size and forecast, by power station type
6.3.4.6.2. Market size and forecast, by end use
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by power station type
6.4.3. Market size and forecast, by end use
6.4.4. Market analysis by country
6.4.4.1. Indonesia
6.4.4.1.1. Market size and forecast, by power station type
6.4.4.1.2. Market size and forecast, by end use
6.4.4.2. Japan
6.4.4.2.1. Market size and forecast, by power station type
6.4.4.2.2. Market size and forecast, by end use
6.4.4.3. Philippines
6.4.4.3.1. Market size and forecast, by power station type
6.4.4.3.2. Market size and forecast, by end use
6.4.4.4. Rest of Asia-Pacific
6.4.4.4.1. Market size and forecast, by power station type
6.4.4.4.2. Market size and forecast, by end use
6.5. LAMEA
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by power station type
6.5.3. Market size and forecast, by end use
6.5.4. Market analysis by country
6.5.4.1. Chile
6.5.4.1.1. Market size and forecast, by power station type
6.5.4.1.2. Market size and forecast, by end use
6.5.4.2. Turkey
6.5.4.2.1. Market size and forecast, by power station type
6.5.4.2.2. Market size and forecast, by end use
6.5.4.3. Kenya
6.5.4.3.1. Market size and forecast, by power station type
6.5.4.3.2. Market size and forecast, by end use
6.5.4.4. Rest of LAMEA
6.5.4.4.1. Market size and forecast, by power station type
6.5.4.4.2. Market size and forecast, by end use
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.1.1. MARKET PLAYER POSITIONING, 2018
7.2. Competitive Heatmap
CHAPTER 8: COMPANY PROFILES
8.1. ABB
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio
8.1.5. R&D expenditure
8.1.6. Business performance
8.2. EDF
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Plant Portfolio
8.2.5. Business performance
8.3. ENEL SPA
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Plant Portfolio
8.3.4. Business performance
8.4. GENERAL ELECTRIC
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Plant portfolio
8.4.5. R&D expenditure
8.4.6. Business performance
8.5. THE TATA POWER COMPANY LIMITED (TATA POWER)
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Plant portfolio
8.5.5. Business performance
8.6. Mitsubishi Hitachi Power Systems Inc.
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Plant portfolio
8.7. TOSHIBA CORPORATION
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Plant portfolio
8.7.5. Business performance
8.8. Korea Electric Power Corporation
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Plant portfolio
8.8.5. Business performance
8.9. Siemens AG
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio
8.9.5. Business performance
8.10. Yokogawa Electric Corporation
8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
8.10.5. Business performance
8.11. Other key player profiles
8.11.1. Key player snapshot
Call Us
( India toll free )
+91 835 605 0278
( US toll free )
+1 800 601 6071
Drop us an email at
sales@prudentmarkets.com
Get your pre and post sales queries resolved by our Subject matter experts.
We will assist you to customize the report to fit your research needs.
Our prime focus is to provide qualitative and accurate data.
Feel free to order a sample report before purchase.
Your personal and confidential information is safe and secured.
