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Geothermal Energy Market Global Report 2026

Published Jan 22, 2026
Length 250 Pages
SKU # BRC20775271

Description

Geothermal Energy Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses geothermal energy market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
  • Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on end user analysis.
  • Benchmark performance against key competitors based on market share, innovation, and brand strength.
  • Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
  • Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
  • Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description:

Where is the largest and fastest growing market for geothermal energy ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The geothermal energy market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
  • The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
  • The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
  • The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
  • The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
  • The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope

Markets Covered:1) By Technology: Binary Cycle Plants; Flash Steam Plants; Dry Steam Plants; Ground Source Heat Pumps; Direct Systems; Other Technologies

2) By Application: Power Generation; Residential Heating And Cooling; Commercial Heating And Cooling

3) By End Use: Industrial; Residential; Commercial

Subsegments:

1) By Binary Cycle Plants: Organic Rankine Cycle (ORC) Systems; Dual-Flash Binary Cycle Systems; Other Binary Cycle Technologies

2) By Flash Steam Plants: Single-Flash Steam Systems; Double-Flash Steam Systems

3) By Dry Steam Plants: Conventional Dry Steam Systems; Enhanced Dry Steam Systems

3) By Ground Source Heat Pumps: Closed-Loop Ground Source Heat Pumps; Open-Loop Ground Source Heat Pumps

4) By Direct Systems: Direct Use Applications (Heating And Cooling); District Heating Systems

5) By Other Technologies: Enhanced Geothermal Systems (EGS); Hybrid Systems (Geothermal + Other Renewable Energy); Other Emerging Geothermal Technologies

Companies Mentioned: Berkshire Hathaway Energy; Chevron Corporation; Mitsubishi Corporation; Enel Group; Engie SA; Siemens AG; General Electric Group; KEPCO Group; PT. Pertamina Geothermal Energy; Asea Brown Boveri Ltd; Toshiba International Corporation; Calpine Corporation; Tetra Tech Inc; Aboitiz Power Corporation; First Gen Corporation; Ormat Technologies; Energy Development Corporation; EthosEnergy Group; Therma Source LLC; Sarulla Operations Ltd; Turboden S.P.A.; Terra-Green Power LLC; Gradient Resources; ElectraTherm; Reykjavik Geothermal

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Table of Contents

250 Pages
1. Executive Summary
1.1. Key Market Insights (2020-2035)
1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots
1.3. Major Factors Driving the Market
1.4. Top Three Trends Shaping the Market
2. Geothermal Energy Market Characteristics
2.1. Market Definition & Scope
2.2. Market Segmentations
2.3. Overview of Key Products and Services
2.4. Global Geothermal Energy Market Attractiveness Scoring And Analysis
2.4.1. Overview of Market Attractiveness Framework
2.4.2. Quantitative Scoring Methodology
2.4.3. Factor-Wise Evaluation
Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation
2.4.4. Market Attractiveness Scoring and Interpretation
2.4.5. Strategic Implications and Recommendations
3. Geothermal Energy Market Supply Chain Analysis
3.1. Overview of the Supply Chain and Ecosystem
3.2. List Of Key Raw Materials, Resources & Suppliers
3.3. List Of Major Distributors and Channel Partners
3.4. List Of Major End Users
4. Global Geothermal Energy Market Trends And Strategies
4.1. Key Technologies & Future Trends
4.1.1 Sustainability, Climate Tech & Circular Economy
4.1.2 Electric Mobility & Transportation Electrification
4.1.3 Industry 4.0 & Intelligent Manufacturing
4.1.4 Internet Of Things (Iot), Smart Infrastructure & Connected Ecosystems
4.1.5 Digitalization, Cloud, Big Data & Cybersecurity
4.2. Major Trends
4.2.1 Growing Adoption Of Geothermal Power Plants
4.2.2 Rising Demand For Ground Source Heat Pumps
4.2.3 Expansion Of Direct Heating Applications
4.2.4 Increasing Development Of Enhanced Geothermal Systems
4.2.5 Rising Use Of Geothermal Energy In Industrial Processing
5. Geothermal Energy Market Analysis Of End Use Industries
5.1 Industrial
5.2 Residential
5.3 Commercial
5.4 Power Generation Operators
5.5 District Heating Utilities
6. Geothermal Energy Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market
7. Global Geothermal Energy Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis
7.1. Global Geothermal Energy PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
7.2. Global Geothermal Energy Market Size, Comparisons And Growth Rate Analysis
7.3. Global Geothermal Energy Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)
7.4. Global Geothermal Energy Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)
8. Global Geothermal Energy Total Addressable Market (TAM) Analysis for the Market
8.1. Definition and Scope of Total Addressable Market (TAM)
8.2. Methodology and Assumptions
8.3. Global Total Addressable Market (TAM) Estimation
8.4. TAM vs. Current Market Size Analysis
8.5. Strategic Insights and Growth Opportunities from TAM Analysis
9. Geothermal Energy Market Segmentation
9.1. Global Geothermal Energy Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Binary Cycle Plants, Flash Steam Plants, Dry Steam Plants, Ground Source Heat Pumps, Direct Systems, Other Technologies
9.2. Global Geothermal Energy Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Power Generation, Residential Heating And Cooling, Commercial Heating And Cooling
9.3. Global Geothermal Energy Market, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Industrial, Residential, Commercial
9.4. Global Geothermal Energy Market, Sub-Segmentation Of Binary Cycle Plants, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Organic Rankine Cycle (ORC) Systems, Dual-Flash Binary Cycle Systems, Other Binary Cycle Technologies
9.5. Global Geothermal Energy Market, Sub-Segmentation Of Flash Steam Plants, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Single-Flash Steam Systems, Double-Flash Steam Systems
9.6. Global Geothermal Energy Market, Sub-Segmentation Of Dry Steam Plants, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Conventional Dry Steam Systems, Enhanced Dry Steam Systems
9.7. Global Geothermal Energy Market, Sub-Segmentation Of Ground Source Heat Pumps, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Closed-Loop Ground Source Heat Pumps, Open-Loop Ground Source Heat Pumps
9.8. Global Geothermal Energy Market, Sub-Segmentation Of Direct Systems, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Direct Use Applications (Heating And Cooling), District Heating Systems
9.9. Global Geothermal Energy Market, Sub-Segmentation Of Other Technologies, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Enhanced Geothermal Systems (EGS), Hybrid Systems (Geothermal + Other Renewable Energy), Other Emerging Geothermal Technologies
10. Geothermal Energy Market Regional And Country Analysis
10.1. Global Geothermal Energy Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
10.2. Global Geothermal Energy Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
11. Asia-Pacific Geothermal Energy Market
11.1. Asia-Pacific Geothermal Energy Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
11.2. Asia-Pacific Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
12. China Geothermal Energy Market
12.1. China Geothermal Energy Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
12.2. China Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
13. India Geothermal Energy Market
13.1. India Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
14. Japan Geothermal Energy Market
14.1. Japan Geothermal Energy Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Japan Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
15. Australia Geothermal Energy Market
15.1. Australia Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
16. Indonesia Geothermal Energy Market
16.1. Indonesia Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
17. South Korea Geothermal Energy Market
17.1. South Korea Geothermal Energy Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
17.2. South Korea Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
18. Taiwan Geothermal Energy Market
18.1. Taiwan Geothermal Energy Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
18.2. Taiwan Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
19. South East Asia Geothermal Energy Market
19.1. South East Asia Geothermal Energy Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
19.2. South East Asia Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
20. Western Europe Geothermal Energy Market
20.1. Western Europe Geothermal Energy Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
20.2. Western Europe Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
21. UK Geothermal Energy Market
21.1. UK Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
22. Germany Geothermal Energy Market
22.1. Germany Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
23. France Geothermal Energy Market
23.1. France Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
24. Italy Geothermal Energy Market
24.1. Italy Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
25. Spain Geothermal Energy Market
25.1. Spain Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
26. Eastern Europe Geothermal Energy Market
26.1. Eastern Europe Geothermal Energy Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
26.2. Eastern Europe Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
27. Russia Geothermal Energy Market
27.1. Russia Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
28. North America Geothermal Energy Market
28.1. North America Geothermal Energy Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
28.2. North America Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
29. USA Geothermal Energy Market
29.1. USA Geothermal Energy Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
29.2. USA Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
30. Canada Geothermal Energy Market
30.1. Canada Geothermal Energy Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
30.2. Canada Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
31. South America Geothermal Energy Market
31.1. South America Geothermal Energy Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
31.2. South America Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
32. Brazil Geothermal Energy Market
32.1. Brazil Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
33. Middle East Geothermal Energy Market
33.1. Middle East Geothermal Energy Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
33.2. Middle East Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
34. Africa Geothermal Energy Market
34.1. Africa Geothermal Energy Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
34.2. Africa Geothermal Energy Market, Segmentation By Technology, Segmentation By Application, Segmentation By End Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
35. Geothermal Energy Market Regulatory and Investment Landscape
36. Geothermal Energy Market Competitive Landscape And Company Profiles
36.1. Geothermal Energy Market Competitive Landscape And Market Share 2024
36.1.1. Top 10 Companies (Ranked by revenue/share)
36.2. Geothermal Energy Market - Company Scoring Matrix
36.2.1. Market Revenues
36.2.2. Product Innovation Score
36.2.3. Brand Recognition
36.3. Geothermal Energy Market Company Profiles
36.3.1. Berkshire Hathaway Energy Overview, Products and Services, Strategy and Financial Analysis
36.3.2. Chevron Corporation Overview, Products and Services, Strategy and Financial Analysis
36.3.3. Mitsubishi Corporation Overview, Products and Services, Strategy and Financial Analysis
36.3.4. Enel Group Overview, Products and Services, Strategy and Financial Analysis
36.3.5. Engie SA Overview, Products and Services, Strategy and Financial Analysis
37. Geothermal Energy Market Other Major And Innovative Companies
Siemens AG, General Electric Group, KEPCO Group, PT. Pertamina Geothermal Energy, Asea Brown Boveri Ltd, Toshiba International Corporation, Calpine Corporation, Tetra Tech Inc, Aboitiz Power Corporation, First Gen Corporation, Ormat Technologies, Energy Development Corporation, EthosEnergy Group, Therma Source LLC, Sarulla Operations Ltd
38. Global Geothermal Energy Market Competitive Benchmarking And Dashboard
39. Key Mergers And Acquisitions In The Geothermal Energy Market
40. Geothermal Energy Market High Potential Countries, Segments and Strategies
40.1 Geothermal Energy Market In 2030 - Countries Offering Most New Opportunities
40.2 Geothermal Energy Market In 2030 - Segments Offering Most New Opportunities
40.3 Geothermal Energy Market In 2030 - Growth Strategies
40.3.1 Market Trend Based Strategies
40.3.2 Competitor Strategies
41. Appendix
41.1. Abbreviations
41.2. Currencies
41.3. Historic And Forecast Inflation Rates
41.4. Research Inquiries
41.5. The Business Research Company
41.6. Copyright And Disclaimer
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