地熱エネルギー市場：技術、部品、用途、最終用途別-2025-2030年の世界予測

地熱エネルギー市場は、2024年に77億3,000万米ドルと評価され、2025年には81億4,000万米ドル、CAGR 5.47%で成長し、2030年には106億5,000万米ドルに達すると予測されています。

イントロダクション

地熱エネルギーは、持続可能な資源であるだけでなく、よりクリーンな未来に向けた革新的な道筋でもあります。地球内部の熱を利用するこのエネルギー形態は、その安定した出力と環境負荷の低さで、長い間認められてきました。今日のエネルギー市場では、温室効果ガス排出量の削減、長期的な安定供給、効率と性能の向上を推進し続ける進化し続ける技術状況などが主な利点となっています。このダイナミックな市場は、その可能性を活かそうとする幅広い利害関係者の関心を集めています。

掘削技術、貯留層工学、発電所設計における最近の進歩は、世界中の地熱発電施設の性能を大幅に向上させました。これらの技術革新は、エネルギー生産におけるより大きな経済的魅力と信頼性への道を開いた。同時に、研究開発への投資は、環境の持続可能性と経済成長を融合させる産業において、何が可能であるかの限界を押し広げ続けています。

地中の熱を電気や直接熱に変換する具体的なメカニズムを掘り下げることで、業界の専門家は、性能指標、コストへの影響、長期的な拡張性に関する包括的な見通しを得ることができます。この概要は、この後に続く市場力学とセグメンテーション分析をより深く掘り下げるための土台となり、古くからの自然プロセスと画期的な近代工学のバランスをとるこの産業の全体像を示すものです。

地熱エネルギー市場の変革

地熱エネルギーを取り巻く環境は、エネルギーの生産、管理、最適化の方法を再構築するような、変貌を遂げつつあります。こうした変化は、技術的な飛躍的進歩、進化する規制政策、そして商業、工業、住宅部門における需要パターンの変化という組み合わせによってもたらされています。特に、掘削と貯留層刺激技術の進歩は、以前はアクセス不可能だった地熱貯留層の利用可能性を高め、それによってこのエネルギー源の世界の普及率を高めています。

現代の開発には、発電所の効率の大幅な改善も含まれます。最先端の発電所設計は、無駄を省き、全体のエネルギー出力を新たな高みへと押し上げる革新的なサイクルと熱回収システムを統合しています。従来の手法は、運転上の安全性とリアルタイムでの性能最適化を保証する最先端の監視・自動化システムによって補完されています。さらに、気候変動の緊急性が高まるにつれて、意思決定者は、化石燃料による発電に代わる信頼性の高い低排出ガス発電として、地熱発電プロジェクトを優先するようになってきています。

政策改革と経済的インセンティブも重要な役割を果たしています。様々な地域でエネルギー政策と環境規制が開発され、再生可能エネルギー開発をより強力に支援する道が開かれつつあります。このような変化は、民間投資家や公的機関の間で新たな関心を呼び起こし、地熱発電をより重視したプロジェクト・ポートフォリオに見直すよう促しています。このような進化するシナリオの中で、地熱が多様化と持続可能性のイニシアチブの中で重要な役割を果たす、統合エネルギーネットワークへの決定的な動きを市場は示しています。

主要なセグメンテーション

地熱エネルギー市場のセグメンテーションは、利害関係者がその多面的な性質をより良く理解するのに役立つ詳細な見解を提供します。技術的な領域では、市場はユニークな運転メカニズムに基づくいくつかの発電所構成に分けられます。例えば、バイナリーサイクル発電所は、カリーナサイクルや有機ランキンサイクルなどのバリエーションをますます取り入れており、エネルギー抽出に柔軟性を提供しています。一方、乾式蒸気発電プラントは、タービンを効率的に駆動するために蒸気を直接使用します。また、フラッシュ蒸気発電プラントは、さらにダブルフラッシュとシングルフラッシュに分類され、それぞれが特定の貯水池の条件と期待される性能に合わせた明確な利点を備えています。

コンポーネントの観点からは、制御・監視システム、発電機、熱交換器、配管システム、タービン機器などの主要機器を評価するレンズを通して市場を精査します。発電機のカテゴリーは、従来型発電機と可変速発電機に細分化されており、それぞれ負荷や供給条件が変化する中で運転性能を最大化するように設計されています。同様に、熱交換器もその構造から分析され、プレート＆フレーム設計（プレート＆フレーム設計は、ろう付けプレートとガスケット・プレートのオプションにさらに分類される）、およびさまざまな熱交換要件に対応するシェル＆チューブ構成がさらに検討されます。配管システムは、ブライン/蒸気パイプライン構成とウェルヘッドアセンブリを区別することによって厳密に研究され、微細な性能の詳細まで確実に捕捉して分析します。

さらに、用途を検討する際には、エネルギー生産、地熱淡水化、冷暖房システムのような中核的な分野を分析対象としています。後者については、地域暖房システムと空間暖房の特殊な需要とのニュアンスの違いを考慮することで、さらに評価を深めています。最後に、最終用途セグメントは、商業、産業、住宅消費者の明確なニーズを捉えるように作成されており、バリューチェーン全体にわたる市場機会と成長分野を特定する包括的なマップを提供しています。

目次

第1章 序文

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 市場の概要

第5章 市場洞察

• 市場力学
  • 促進要因
    • 地球温暖化と気候変動の懸念により、持続可能な選択肢として地熱に注目が集まっている
    • 地熱産業への投資と開発を促進する政府のインセンティブと割引
    • 再生可能エネルギー源の需要増加により、世界中で地熱ソリューションへの関心が高まっている
  • 抑制要因
    • 地熱井の掘削と維持における技術的な複雑さ
  • 機会
    • 既存の地熱発電所を効率向上技術で強化することへの関心の高まり
    • クリーンエネルギー生産能力を拡大する強化地熱システムの進歩
  • 課題
    • 地熱資源の利用可能性と持続可能性に関する不確実性
• 市場セグメンテーション分析
  • 技術：高温の地熱蒸気を電気エネルギーに変換する乾式蒸気発電所の利用率の向上
  • 応用：地熱淡水化における地熱エネルギーの応用が拡大し、淡水化プロセスを推進
• ポーターのファイブフォース分析
• PESTEL分析
  • 政治的
  • 経済
  • 社会
  • 技術的
  • 法律上
  • 環境

第6章 地熱エネルギー市場：技術別

• バイナリーサイクル発電所
  • カリナサイクル
  • 有機ランキンサイクル
• 乾式蒸気発電所
• フラッシュ蒸気発電所
  • ダブルフラッシュ
  • シングルフラッシュ

第7章 地熱エネルギー市場：コンポーネント別

• 制御および監視システム
• 発電機
  • 従来型発電機
  • 可変速発電機
• 熱交換器
  • プレートとフレーム
    • ろう付けプレート
    • ガスケットプレート
  • シェル＆チューブ
• 配管システム
  • 塩水/蒸気パイプライン
  • ウェルヘッズ
• タービン機器

第8章 地熱エネルギー市場：用途別

• エネルギー生産
• 地熱淡水化
• 暖房・冷房システム
  • 地域暖房システム
  • 空間暖房

第9章 地熱エネルギー市場：最終用途別

• 商業用
• 産業
• 住宅用

第10章 南北アメリカの地熱エネルギー市場

• アルゼンチン
• ブラジル
• カナダ
• メキシコ
• 米国

第11章 アジア太平洋地域の地熱エネルギー市場

• オーストラリア
• 中国
• インド
• インドネシア
• 日本
• マレーシア
• ニュージーランド
• フィリピン
• シンガポール
• 韓国
• 台湾
• タイ
• ベトナム

第12章 欧州・中東・アフリカの地熱エネルギー市場

• デンマーク
• エジプト
• フィンランド
• フランス
• ドイツ
• アイスランド
• イスラエル
• イタリア
• ケニア
• オランダ
• ナイジェリア
• ノルウェー
• ポーランド
• カタール
• ロシア
• サウジアラビア
• 南アフリカ
• スペイン
• スウェーデン
• スイス
• トルコ
• アラブ首長国連邦
• 英国

第13章 競合情勢

• 市場シェア分析, 2024
• FPNVポジショニングマトリックス, 2024
• 競合シナリオ分析
• 戦略分析と提言

企業一覧

• ABB Ltd.
• Ansaldo Energia SpA
• AP Renewables Inc.
• Baker Hughes Company
• Berkshire Hathaway Energy
• Calpine Corporation
• Chevron Corporation
• Cyrq Energy Inc.
• Doosan Skoda Power
• Electratherm Inc.
• Enel Green Power S.p.A.
• Energy Development Corporation
• Engie SA
• EthosEnergy Group
• First Gen Corporation
• Fuji Electric Co. Ltd.
• Kenya Electricity Generating Company
• Mitsubishi Power Ltd.
• Ormat Technologies Inc.
• PT Pertamina Geothermal Energy
• Sosian Energy Limited
• Star Energy Group
• Terra-Gen Power LLC
• Tetra Tech Inc.
• Toshiba Corporation

LIST OF FIGURES

• FIGURE 1. GEOTHERMAL ENERGY MARKET MULTI-CURRENCY
• FIGURE 2. GEOTHERMAL ENERGY MARKET MULTI-LANGUAGE
• FIGURE 3. GEOTHERMAL ENERGY MARKET RESEARCH PROCESS
• FIGURE 4. GEOTHERMAL ENERGY MARKET SIZE, 2024 VS 2030
• FIGURE 5. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, 2018-2030 (USD MILLION)
• FIGURE 6. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY REGION, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 7. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 8. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2024 VS 2030 (%)
• FIGURE 9. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 10. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2024 VS 2030 (%)
• FIGURE 11. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 12. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2024 VS 2030 (%)
• FIGURE 13. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 14. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2024 VS 2030 (%)
• FIGURE 15. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 16. AMERICAS GEOTHERMAL ENERGY MARKET SIZE, BY COUNTRY, 2024 VS 2030 (%)
• FIGURE 17. AMERICAS GEOTHERMAL ENERGY MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 18. UNITED STATES GEOTHERMAL ENERGY MARKET SIZE, BY STATE, 2024 VS 2030 (%)
• FIGURE 19. UNITED STATES GEOTHERMAL ENERGY MARKET SIZE, BY STATE, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 20. ASIA-PACIFIC GEOTHERMAL ENERGY MARKET SIZE, BY COUNTRY, 2024 VS 2030 (%)
• FIGURE 21. ASIA-PACIFIC GEOTHERMAL ENERGY MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 22. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL ENERGY MARKET SIZE, BY COUNTRY, 2024 VS 2030 (%)
• FIGURE 23. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL ENERGY MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2030 (USD MILLION)
• FIGURE 24. GEOTHERMAL ENERGY MARKET SHARE, BY KEY PLAYER, 2024
• FIGURE 25. GEOTHERMAL ENERGY MARKET, FPNV POSITIONING MATRIX, 2024

LIST OF TABLES

• TABLE 1. GEOTHERMAL ENERGY MARKET SEGMENTATION & COVERAGE
• TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2024
• TABLE 3. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, 2018-2030 (USD MILLION)
• TABLE 4. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 5. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 6. GEOTHERMAL ENERGY MARKET DYNAMICS
• TABLE 7. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 8. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, BY REGION, 2018-2030 (USD MILLION)
• TABLE 9. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY KALINA CYCLE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 10. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY ORGANIC RANKINE CYCLE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 11. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 12. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY DRY STEAM POWER PLANT, BY REGION, 2018-2030 (USD MILLION)
• TABLE 13. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, BY REGION, 2018-2030 (USD MILLION)
• TABLE 14. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY DOUBLE FLASH, BY REGION, 2018-2030 (USD MILLION)
• TABLE 15. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY SINGLE FLASH, BY REGION, 2018-2030 (USD MILLION)
• TABLE 16. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 17. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 18. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY CONTROLS & MONITORING SYSTEMS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 19. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 20. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY CONVENTIONAL GENERATORS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 21. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY VARIABLE SPEED GENERATORS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 22. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 23. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, BY REGION, 2018-2030 (USD MILLION)
• TABLE 24. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, BY REGION, 2018-2030 (USD MILLION)
• TABLE 25. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY BRAZED PLATE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 26. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY GASKETED PLATE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 27. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 28. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY SHELL & TUBE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 29. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 30. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, BY REGION, 2018-2030 (USD MILLION)
• TABLE 31. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY BRINE/STEAM PIPELINE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 32. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY WELL HEADS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 33. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 34. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY TURBINE EQUIPMENT, BY REGION, 2018-2030 (USD MILLION)
• TABLE 35. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 36. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY ENERGY PRODUCTION, BY REGION, 2018-2030 (USD MILLION)
• TABLE 37. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY GEOTHERMAL DESALINATION, BY REGION, 2018-2030 (USD MILLION)
• TABLE 38. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 39. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY DISTRICT HEATING SYSTEMS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 40. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY SPACE HEATING, BY REGION, 2018-2030 (USD MILLION)
• TABLE 41. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 42. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 43. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY COMMERCIAL, BY REGION, 2018-2030 (USD MILLION)
• TABLE 44. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY INDUSTRIAL, BY REGION, 2018-2030 (USD MILLION)
• TABLE 45. GLOBAL GEOTHERMAL ENERGY MARKET SIZE, BY RESIDENTIAL, BY REGION, 2018-2030 (USD MILLION)
• TABLE 46. AMERICAS GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 47. AMERICAS GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 48. AMERICAS GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 49. AMERICAS GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 50. AMERICAS GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 51. AMERICAS GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 52. AMERICAS GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 53. AMERICAS GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 54. AMERICAS GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 55. AMERICAS GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 56. AMERICAS GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 57. AMERICAS GEOTHERMAL ENERGY MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 58. ARGENTINA GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 59. ARGENTINA GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 60. ARGENTINA GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 61. ARGENTINA GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 62. ARGENTINA GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 63. ARGENTINA GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 64. ARGENTINA GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 65. ARGENTINA GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 66. ARGENTINA GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 67. ARGENTINA GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 68. ARGENTINA GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 69. BRAZIL GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 70. BRAZIL GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 71. BRAZIL GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 72. BRAZIL GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 73. BRAZIL GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 74. BRAZIL GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 75. BRAZIL GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 76. BRAZIL GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 77. BRAZIL GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 78. BRAZIL GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 79. BRAZIL GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 80. CANADA GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 81. CANADA GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 82. CANADA GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 83. CANADA GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 84. CANADA GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 85. CANADA GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 86. CANADA GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 87. CANADA GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 88. CANADA GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 89. CANADA GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 90. CANADA GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 91. MEXICO GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 92. MEXICO GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 93. MEXICO GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 94. MEXICO GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 95. MEXICO GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 96. MEXICO GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 97. MEXICO GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 98. MEXICO GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 99. MEXICO GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 100. MEXICO GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 101. MEXICO GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 102. UNITED STATES GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 103. UNITED STATES GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 104. UNITED STATES GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 105. UNITED STATES GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 106. UNITED STATES GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 107. UNITED STATES GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 108. UNITED STATES GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 109. UNITED STATES GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 110. UNITED STATES GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 111. UNITED STATES GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 112. UNITED STATES GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 113. UNITED STATES GEOTHERMAL ENERGY MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
• TABLE 114. ASIA-PACIFIC GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 115. ASIA-PACIFIC GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 116. ASIA-PACIFIC GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 117. ASIA-PACIFIC GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 118. ASIA-PACIFIC GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 119. ASIA-PACIFIC GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 120. ASIA-PACIFIC GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 121. ASIA-PACIFIC GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 122. ASIA-PACIFIC GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 123. ASIA-PACIFIC GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 124. ASIA-PACIFIC GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 125. ASIA-PACIFIC GEOTHERMAL ENERGY MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 126. AUSTRALIA GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 127. AUSTRALIA GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 128. AUSTRALIA GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 129. AUSTRALIA GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 130. AUSTRALIA GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 131. AUSTRALIA GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 132. AUSTRALIA GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 133. AUSTRALIA GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 134. AUSTRALIA GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 135. AUSTRALIA GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 136. AUSTRALIA GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 137. CHINA GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 138. CHINA GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 139. CHINA GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 140. CHINA GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 141. CHINA GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 142. CHINA GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 143. CHINA GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 144. CHINA GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 145. CHINA GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 146. CHINA GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 147. CHINA GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 148. INDIA GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 149. INDIA GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 150. INDIA GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 151. INDIA GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 152. INDIA GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 153. INDIA GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 154. INDIA GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 155. INDIA GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 156. INDIA GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 157. INDIA GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 158. INDIA GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 159. INDONESIA GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 160. INDONESIA GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 161. INDONESIA GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 162. INDONESIA GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 163. INDONESIA GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 164. INDONESIA GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 165. INDONESIA GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 166. INDONESIA GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 167. INDONESIA GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 168. INDONESIA GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 169. INDONESIA GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 170. JAPAN GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 171. JAPAN GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 172. JAPAN GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 173. JAPAN GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 174. JAPAN GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 175. JAPAN GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 176. JAPAN GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 177. JAPAN GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 178. JAPAN GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 179. JAPAN GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 180. JAPAN GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 181. MALAYSIA GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 182. MALAYSIA GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 183. MALAYSIA GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 184. MALAYSIA GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 185. MALAYSIA GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 186. MALAYSIA GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 187. MALAYSIA GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 188. MALAYSIA GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 189. MALAYSIA GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 190. MALAYSIA GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 191. MALAYSIA GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 192. NEW ZEALAND GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 193. NEW ZEALAND GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 194. NEW ZEALAND GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 195. NEW ZEALAND GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 196. NEW ZEALAND GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 197. NEW ZEALAND GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 198. NEW ZEALAND GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 199. NEW ZEALAND GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 200. NEW ZEALAND GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 201. NEW ZEALAND GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 202. NEW ZEALAND GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 203. PHILIPPINES GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 204. PHILIPPINES GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 205. PHILIPPINES GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 206. PHILIPPINES GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 207. PHILIPPINES GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 208. PHILIPPINES GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 209. PHILIPPINES GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 210. PHILIPPINES GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 211. PHILIPPINES GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 212. PHILIPPINES GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 213. PHILIPPINES GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 214. SINGAPORE GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 215. SINGAPORE GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 216. SINGAPORE GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 217. SINGAPORE GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 218. SINGAPORE GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 219. SINGAPORE GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 220. SINGAPORE GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 221. SINGAPORE GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 222. SINGAPORE GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 223. SINGAPORE GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 224. SINGAPORE GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 225. SOUTH KOREA GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 226. SOUTH KOREA GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 227. SOUTH KOREA GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 228. SOUTH KOREA GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 229. SOUTH KOREA GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 230. SOUTH KOREA GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 231. SOUTH KOREA GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 232. SOUTH KOREA GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 233. SOUTH KOREA GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 234. SOUTH KOREA GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 235. SOUTH KOREA GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 236. TAIWAN GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 237. TAIWAN GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 238. TAIWAN GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 239. TAIWAN GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 240. TAIWAN GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 241. TAIWAN GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 242. TAIWAN GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 243. TAIWAN GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 244. TAIWAN GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 245. TAIWAN GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 246. TAIWAN GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 247. THAILAND GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 248. THAILAND GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 249. THAILAND GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 250. THAILAND GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 251. THAILAND GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 252. THAILAND GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 253. THAILAND GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 254. THAILAND GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 255. THAILAND GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 256. THAILAND GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 257. THAILAND GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 258. VIETNAM GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 259. VIETNAM GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 260. VIETNAM GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 261. VIETNAM GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 262. VIETNAM GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 263. VIETNAM GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 264. VIETNAM GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 265. VIETNAM GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 266. VIETNAM GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 267. VIETNAM GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 268. VIETNAM GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 269. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 270. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 271. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 272. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 273. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 274. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 275. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 276. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 277. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 278. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 279. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 280. EUROPE, MIDDLE EAST & AFRICA GEOTHERMAL ENERGY MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 281. DENMARK GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 282. DENMARK GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 283. DENMARK GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 284. DENMARK GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 285. DENMARK GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 286. DENMARK GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 287. DENMARK GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 288. DENMARK GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 289. DENMARK GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 290. DENMARK GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 291. DENMARK GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 292. EGYPT GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 293. EGYPT GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 294. EGYPT GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 295. EGYPT GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 296. EGYPT GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 297. EGYPT GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 298. EGYPT GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 299. EGYPT GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 300. EGYPT GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 301. EGYPT GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 302. EGYPT GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 303. FINLAND GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 304. FINLAND GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 305. FINLAND GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 306. FINLAND GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 307. FINLAND GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 308. FINLAND GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 309. FINLAND GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 310. FINLAND GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 311. FINLAND GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 312. FINLAND GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 313. FINLAND GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 314. FRANCE GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 315. FRANCE GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 316. FRANCE GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 317. FRANCE GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 318. FRANCE GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 319. FRANCE GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 320. FRANCE GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 321. FRANCE GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 322. FRANCE GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 323. FRANCE GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 324. FRANCE GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 325. GERMANY GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 326. GERMANY GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 327. GERMANY GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 328. GERMANY GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 329. GERMANY GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 330. GERMANY GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 331. GERMANY GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 332. GERMANY GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 333. GERMANY GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 334. GERMANY GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-2030 (USD MILLION)
• TABLE 335. GERMANY GEOTHERMAL ENERGY MARKET SIZE, BY END-USE, 2018-2030 (USD MILLION)
• TABLE 336. ICELAND GEOTHERMAL ENERGY MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
• TABLE 337. ICELAND GEOTHERMAL ENERGY MARKET SIZE, BY BINARY CYCLE POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 338. ICELAND GEOTHERMAL ENERGY MARKET SIZE, BY FLASH STEAM POWER PLANT, 2018-2030 (USD MILLION)
• TABLE 339. ICELAND GEOTHERMAL ENERGY MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
• TABLE 340. ICELAND GEOTHERMAL ENERGY MARKET SIZE, BY GENERATORS, 2018-2030 (USD MILLION)
• TABLE 341. ICELAND GEOTHERMAL ENERGY MARKET SIZE, BY HEAT EXCHANGER, 2018-2030 (USD MILLION)
• TABLE 342. ICELAND GEOTHERMAL ENERGY MARKET SIZE, BY PLATE & FRAME, 2018-2030 (USD MILLION)
• TABLE 343. ICELAND GEOTHERMAL ENERGY MARKET SIZE, BY PIPING SYSTEM, 2018-2030 (USD MILLION)
• TABLE 344. ICELAND GEOTHERMAL ENERGY MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 345. ICELAND GEOTHERMAL ENERGY MARKET SIZE, BY HEATING & COOLING SYSTEMS, 2018-20

The Geothermal Energy Market was valued at USD 7.73 billion in 2024 and is projected to grow to USD 8.14 billion in 2025, with a CAGR of 5.47%, reaching USD 10.65 billion by 2030.

Introduction

Geothermal energy represents not only a sustainable resource but also an innovative pathway toward a cleaner future. Harnessing heat from the earth's interior, this energy form has long been recognized for its steady output and low environmental impact. In today's energy market, key benefits include reduced greenhouse gas emissions, stable long-term supply, and an ever-evolving technological landscape that continues to drive efficiency and performance improvements. This dynamic market is attracting interest from a broad spectrum of stakeholders eager to capitalize on its potential.

Recent advancements in drilling technology, reservoir engineering, and power plant design have considerably boosted the performance of geothermal facilities around the globe. These innovations have paved the way for greater financial attractiveness and reliability in energy production. At the same time, investments in research and development continue to push the boundaries of what is capable in an industry that fuses environmental sustainability with economic growth.

By delving into the specific mechanisms that convert subterranean heat into electricity or direct heat, industry experts can gain a comprehensive outlook on performance metrics, cost implications, and long-term scalability. This overview sets the stage for a deeper exploration of the market dynamics and segmentation analysis that follows, offering a holistic view of an industry that balances age-old natural processes with breakthrough modern engineering.

Transformative Shifts in the Landscape

The geothermal energy landscape is undergoing transformative shifts that are reshaping how energy is produced, managed, and optimized. These changes are driven by a combination of technological breakthroughs, evolving regulatory policies, and shifting demand patterns among commercial, industrial, and residential sectors. In particular, advancements in drilling and reservoir stimulation techniques have enhanced the viability of tapping into previously inaccessible geothermal reservoirs, thereby increasing the global footprint of this energy source.

Contemporary developments include significant improvements in power plant efficiency. State-of-the-art plant designs now integrate innovative cycles and heat recovery systems that reduce waste and push overall energy output to new heights. Conventional methodologies are supplemented by cutting-edge monitoring and automation systems that ensure operational safety and real-time performance optimization. Furthermore, as the urgency of climate change intensifies, decision-makers are increasingly prioritizing geothermal projects as reliable, low-emission alternatives to fossil-fuel-based power generation.

Policy reforms and economic incentives also play a critical role. Emerging energy policies and environmental regulations across various regions are paving the way for more robust support for renewable energy developments. Such shifts have sparked renewed interest among private investors and public agencies alike, urging them to revisit and revamp project portfolios to include a greater focus on geothermal solutions. In this evolving scenario, the market is witnessing a decisive move towards integrated energy networks where geothermal plays an essential role in diversification and sustainability initiatives.

Key Segmentation Insights

The segmentation of the geothermal energy market offers a detailed view that helps stakeholders better understand its multifaceted nature. In the technological realm, the market is divided into several power plant configurations based on unique operational mechanisms. For instance, Binary Cycle Power Plants, which increasingly incorporate variations such as the Kalina Cycle and Organic Rankine Cycle, offer flexibility in energy extraction. Meanwhile, Dry Steam Power Plants work directly with steam to drive turbines efficiently, and Flash Steam Power Plants are further sub-categorized into Double Flash and Single Flash, each with distinct advantages tailored to specific reservoir conditions and performance expectations.

From a component perspective, the market is scrutinized through a lens that evaluates key equipment such as controls and monitoring systems, generators, heat exchangers, piping systems, and turbine equipment. The generator category is thoughtfully subdivided into conventional generators alongside variable speed generators, each designed to maximize operational performance under varying loads and supply conditions. Similarly, heat exchangers are analyzed in terms of their construction, with further explorations into Plate & Frame designs-which themselves are further broken down into Brazed Plate and Gasketed Plate options-and Shell & Tube configurations that cater to different thermal exchange requirements. Piping systems are rigorously studied by distinguishing Brine/Steam Pipeline configurations from well head assemblies, ensuring that even minute performance details are captured and analyzed.

Furthermore, when examining applications, the analysis covers core areas such as energy production, geothermal desalination, and heating and cooling systems. The latter is further evaluated by considering the nuances between district heating systems and the specific demands of space heating. Finally, the end-use segment is crafted to capture the distinct needs of commercial, industrial, and residential consumers, thus providing a comprehensive map that identifies market opportunities and growth areas across the value chain.

Based on Technology, market is studied across Binary Cycle Power Plant, Dry Steam Power Plant, and Flash Steam Power Plant. The Binary Cycle Power Plant is further studied across Kalina Cycle and Organic Rankine Cycle. The Flash Steam Power Plant is further studied across Double Flash and Single Flash.

Based on Component, market is studied across Controls & Monitoring Systems, Generators, Heat Exchanger, Piping System, and Turbine Equipment. The Generators is further studied across Conventional Generators and Variable Speed Generators. The Heat Exchanger is further studied across Plate & Frame and Shell & Tube. The Plate & Frame is further studied across Brazed Plate and Gasketed Plate. The Piping System is further studied across Brine/Steam Pipeline and Well Heads.

Based on Application, market is studied across Energy Production, Geothermal Desalination, and Heating & Cooling Systems. The Heating & Cooling Systems is further studied across District Heating Systems and Space Heating.

Based on End-Use, market is studied across Commercial, Industrial, and Residential.

Key Regional Insights

Regional dynamics play a critical role in shaping the geothermal energy market. The region known as the Americas is positioned as a frontrunner, with its diverse investment landscapes and a mix of mature and emerging geothermal resources that attract significant private and public investment. Complex regulatory environments and substantial natural resources contribute to the steady expansion of geothermal installations.

Across Europe, the Middle East, and Africa, unique geothermal potentials are emerging despite challenges posed by varied climatic and geological conditions. Here, innovative government policies and targeted investments are spurring developments that not only enhance energy security but also promote sustainable practices across multiple sectors. This region showcases a blend of high-tech intervention in existing frameworks alongside traditional practices, offering a fertile ground for incremental improvements and disruptive innovations alike.

In the Asia-Pacific region, an accelerating pace of industrialization combined with pressing energy demands has catalyzed the pursuit of alternative energy sources. Rapid urbanization and the continual push for sustainable development have prompted governments and investors to increasingly prioritize geothermal energy projects. Together, these regions exhibit distinct yet complementary roles that underscore the global reach and strategic importance of geothermal energy in supporting a sustainable energy future.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Iceland, Israel, Italy, Kenya, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

Key Companies Insights

The competitive landscape of the geothermal energy market is defined by a host of globally and regionally recognized firms that are at the forefront of innovation and project execution. Prominent players such as ABB Ltd. and Ansaldo Energia SpA have established themselves as leaders by consistently delivering cutting-edge technologies and tailored solutions that enhance plant efficiency. AP Renewables Inc. and Baker Hughes Company have continually pushed boundaries in both exploration and plant design innovations, setting high benchmarks for operational excellence.

Other key players including Berkshire Hathaway Energy and Calpine Corporation have optimized their project portfolios to encompass a diverse range of geothermal initiatives, reflecting a shift towards integrated energy strategies. Major oil and gas companies like Chevron Corporation have diversified their assets, moving into renewables such as geothermal, while innovative firms such as Cyrq Energy Inc. and Doosan Skoda Power have further bolstered the market with robust technical expertise and customized solutions.

Electratherm Inc., Enel Green Power S.p.A., and Energy Development Corporation are exemplary in their contributions to both R&D and deployment of next-generation geothermal systems. Engie SA, EthosEnergy Group, and First Gen Corporation add to this competitive mosaic by offering versatile, scalable solutions that meet varied market demands. Companies such as Fuji Electric Co. Ltd., Kenya Electricity Generating Company, Mitsubishi Power Ltd., and Ormat Technologies Inc. continue to spearhead some of the most transformative projects in this space. In addition, PT Pertamina Geothermal Energy, Sosian Energy Limited, Star Energy Group, Terra-Gen Power LLC, Tetra Tech Inc., and Toshiba Corporation further contribute to the broad and competitive outlook of this sector by pursuing initiatives that merge efficiency enhancements with environmental stewardship.

The report delves into recent significant developments in the Geothermal Energy Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Ansaldo Energia SpA, AP Renewables Inc., Baker Hughes Company, Berkshire Hathaway Energy, Calpine Corporation, Chevron Corporation, Cyrq Energy Inc., Doosan Skoda Power, Electratherm Inc., Enel Green Power S.p.A., Energy Development Corporation, Engie SA, EthosEnergy Group, First Gen Corporation, Fuji Electric Co. Ltd., Kenya Electricity Generating Company, Mitsubishi Power Ltd., Ormat Technologies Inc., PT Pertamina Geothermal Energy, Sosian Energy Limited, Star Energy Group, Terra-Gen Power LLC, Tetra Tech Inc., and Toshiba Corporation. Actionable Recommendations for Industry Leaders

For industry leaders committed to establishing or expanding their presence in the geothermal energy market, several actionable recommendations emerge from current analyses. First and foremost, investment in advanced technology remains imperative. Leaders should allocate resources to research and development initiatives that target improvements in power plant efficiency, resource mapping, and real-time performance monitoring. By collaborating with technology partners and academic institutions, companies can remain ahead of the innovation curve, ensuring that their systems evolve to meet increasing energy demands while maintaining environmental integrity.

Moreover, a strategic focus on diversification is essential. Key decision-makers must look to balance their portfolios by integrating both mature and emerging technologies. For example, incorporating a mix of conventional and advanced power plant configurations can ensure both stability and agile response to market shifts caused by regulatory changes or supply chain disruptions.

Responsive alignment with regional policies and market-specific conditions further enhances competitiveness. To this end, deepened engagements with local governments and regulatory bodies can secure favorable terms and facilitate smoother implementation of projects. Industry leaders are encouraged to document and share best practices derived from pilot projects and operational experiences, thereby contributing to a collective knowledge base that benefits the broader industry.

Finally, fostering strategic partnerships and joint ventures remains a potent catalyst for growth. Collaborations that span across technological, component, application, and end-use segments help spread risks and pool expertise. By engaging in such multifaceted partnerships, industry frontrunners can build resilient value chains that not only drive innovation but also sustainably scale operations in a rapidly evolving marketplace.

Conclusion

In summary, the evolving landscape of geothermal energy is characterized by robust technological innovation, refined segmentation strategies, and strategic regional and corporate positioning. This analysis underscores the importance of integrating advanced technologies with smart investment decisions to enhance efficiency and sustainability across power plant operations. The convergence of technological breakthroughs, favorable policy shifts, and market diversification is positioning geothermal energy as a leading contender in the global renewable energy mix.

The detailed segmentation insights reveal a complex matrix of product types, component innovations, application-specific requirements, and targeted end-use sectors. When combined with the diverse regional dynamics and competitive initiatives by leading companies, the geothermal energy market offers substantial growth opportunities that reward strategic foresight and agile market responsiveness.

For decision-makers and industry experts alike, it is clear that the future trajectory of geothermal energy hinges on embracing both technological advancements and sustainable, market-responsive strategies. The insights provided herein form a strategic blueprint for stakeholders aiming to harness the full potential of this dynamic energy resource.

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Rising global temperatures and climate change concerns spotlighting geothermal as a sustainable option
    • 5.1.1.2. Government incentives and rebates promoting investment and development in the geothermal industry
    • 5.1.1.3. Increasing demand for renewable energy sources catalyzing interest in geothermal solutions worldwide
  • 5.1.2. Restraints
    • 5.1.2.1. Technical complexities in drilling and maintaining geothermal wells
  • 5.1.3. Opportunities
    • 5.1.3.1. Growing interest in enhancing existing geothermal plants with improved efficiency technologies
    • 5.1.3.2. Advancements in enhanced geothermal systems expanding clean energy production capabilities
  • 5.1.4. Challenges
    • 5.1.4.1. Uncertainty in the availability and sustainability of geothermal resources
• 5.2. Market Segmentation Analysis
  • 5.2.1. Technology: Increasing utilization of dry steam power plants to convert high-temperature geothermal steam into electrical energy
  • 5.2.2. Application: Rising application of geothermal energy in geothermal desalination to drive desalination processes
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Geothermal Energy Market, by Technology

• 6.1. Introduction
• 6.2. Binary Cycle Power Plant
  • 6.2.1. Kalina Cycle
  • 6.2.2. Organic Rankine Cycle
• 6.3. Dry Steam Power Plant
• 6.4. Flash Steam Power Plant
  • 6.4.1. Double Flash
  • 6.4.2. Single Flash

7. Geothermal Energy Market, by Component

• 7.1. Introduction
• 7.2. Controls & Monitoring Systems
• 7.3. Generators
  • 7.3.1. Conventional Generators
  • 7.3.2. Variable Speed Generators
• 7.4. Heat Exchanger
  • 7.4.1. Plate & Frame
    • 7.4.1.1. Brazed Plate
    • 7.4.1.2. Gasketed Plate
  • 7.4.2. Shell & Tube
• 7.5. Piping System
  • 7.5.1. Brine/Steam Pipeline
  • 7.5.2. Well Heads
• 7.6. Turbine Equipment

8. Geothermal Energy Market, by Application

• 8.1. Introduction
• 8.2. Energy Production
• 8.3. Geothermal Desalination
• 8.4. Heating & Cooling Systems
  • 8.4.1. District Heating Systems
  • 8.4.2. Space Heating

9. Geothermal Energy Market, by End-Use

• 9.1. Introduction
• 9.2. Commercial
• 9.3. Industrial
• 9.4. Residential

10. Americas Geothermal Energy Market

• 10.1. Introduction
• 10.2. Argentina
• 10.3. Brazil
• 10.4. Canada
• 10.5. Mexico
• 10.6. United States

11. Asia-Pacific Geothermal Energy Market

• 11.1. Introduction
• 11.2. Australia
• 11.3. China
• 11.4. India
• 11.5. Indonesia
• 11.6. Japan
• 11.7. Malaysia
• 11.8. New Zealand
• 11.9. Philippines
• 11.10. Singapore
• 11.11. South Korea
• 11.12. Taiwan
• 11.13. Thailand
• 11.14. Vietnam

12. Europe, Middle East & Africa Geothermal Energy Market

• 12.1. Introduction
• 12.2. Denmark
• 12.3. Egypt
• 12.4. Finland
• 12.5. France
• 12.6. Germany
• 12.7. Iceland
• 12.8. Israel
• 12.9. Italy
• 12.10. Kenya
• 12.11. Netherlands
• 12.12. Nigeria
• 12.13. Norway
• 12.14. Poland
• 12.15. Qatar
• 12.16. Russia
• 12.17. Saudi Arabia
• 12.18. South Africa
• 12.19. Spain
• 12.20. Sweden
• 12.21. Switzerland
• 12.22. Turkey
• 12.23. United Arab Emirates
• 12.24. United Kingdom

13. Competitive Landscape

• 13.1. Market Share Analysis, 2024
• 13.2. FPNV Positioning Matrix, 2024
• 13.3. Competitive Scenario Analysis
  • 13.3.1. Zanskar Geothermal & Minerals acquires Lightning Dock geothermal power plant in New Mexico
  • 13.3.2. Baseload Capital and ThinkGeoEnergy announce partnership on geothermal news sharing
  • 13.3.3. US DOE unveils roadmap for next generation of geothermal power
• 13.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. ABB Ltd.
• 2. Ansaldo Energia SpA
• 3. AP Renewables Inc.
• 4. Baker Hughes Company
• 5. Berkshire Hathaway Energy
• 6. Calpine Corporation
• 7. Chevron Corporation
• 8. Cyrq Energy Inc.
• 9. Doosan Skoda Power
• 10. Electratherm Inc.
• 11. Enel Green Power S.p.A.
• 12. Energy Development Corporation
• 13. Engie SA
• 14. EthosEnergy Group
• 15. First Gen Corporation
• 16. Fuji Electric Co. Ltd.
• 17. Kenya Electricity Generating Company
• 18. Mitsubishi Power Ltd.
• 19. Ormat Technologies Inc.
• 20. PT Pertamina Geothermal Energy
• 21. Sosian Energy Limited
• 22. Star Energy Group
• 23. Terra-Gen Power LLC
• 24. Tetra Tech Inc.
• 25. Toshiba Corporation