Global Geothermal Energy Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Geothermal Energy market size will reach 161,798 Million USD in 2025 and is projected to reach 263,919 Million USD by 2032, with a CAGR of 7.24% (2025-2032). Notably, the China Geothermal Energy market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Geothermal energy is a renewable and sustainable form of energy derived from the Earth＇s internal heat. It harnesses the natural heat stored beneath the Earth＇s surface and converts it into electricity or directly uses it for heating applications. Geothermal power plants typically tap into high-temperature reservoirs of hot water or steam found deep below the Earth＇s crust. The heat is brought to the surface through wells, and the steam is used to drive turbines, generating electricity. Geothermal energy can also be utilized for direct heating in residential, commercial, and industrial settings through the use of heat pumps or by tapping into naturally occurring hot springs. With low greenhouse gas emissions and a continuous and reliable source of energy, geothermal power contributes to a sustainable energy mix, providing electricity and thermal energy while minimizing environmental impact.
The major global suppliers of Geothermal Energy include Energy Development, Comisión Federal de Electricidad, Ormat, Enel Green Power, Calpine, KenGen, Pertamina Geothermal Energy, Contact Energy, Orkuveita Reykjavikur, Berkshire Hathaway Energy, Star Energy Ltd, Northern California Power Agency, HS Orka, Cyrq Energy, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Geothermal Energy. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major suppliers, as well as the market status and trends of different product types and applications in the global Geothermal Energy market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Geothermal Energy market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Geothermal Energy industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Suppliers of Geothermal Energy Include:
Energy Development
Comisión Federal de Electricidad
Ormat
Enel Green Power
Calpine
KenGen
Pertamina Geothermal Energy
Contact Energy
Orkuveita Reykjavikur
Berkshire Hathaway Energy
Star Energy Ltd
Northern California Power Agency
HS Orka
Cyrq Energy
Geothermal Energy Product Segment Include:
Hydrothermal Geothermal Energy
Hot Dry Rock Geothermal Energy
Geothermal Energy Product Application Include:
Direct Use
Geothermal Power
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Geothermal Energy Industry PESTEL Analysis
Chapter 3: Global Geothermal Energy Industry Porter's Five Forces Analysis
Chapter 4: Global Geothermal Energy Major Regional Market Size (Revenue) and Forecast Analysis
Chapter 5: Global Geothermal Energy Competitive Analysis of Key Suppliers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 6: Global Geothermal Energy Revenue and Forecast Analysis by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 8: Industrial Chain Analysis, Geothermal Energy Different Application Market Analysis (Revenue and Forecast) and Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Geothermal Energy market size will reach 161,798 Million USD in 2025 and is projected to reach 263,919 Million USD by 2032, with a CAGR of 7.24% (2025-2032). Notably, the China Geothermal Energy market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Geothermal energy is a renewable and sustainable form of energy derived from the Earth＇s internal heat. It harnesses the natural heat stored beneath the Earth＇s surface and converts it into electricity or directly uses it for heating applications. Geothermal power plants typically tap into high-temperature reservoirs of hot water or steam found deep below the Earth＇s crust. The heat is brought to the surface through wells, and the steam is used to drive turbines, generating electricity. Geothermal energy can also be utilized for direct heating in residential, commercial, and industrial settings through the use of heat pumps or by tapping into naturally occurring hot springs. With low greenhouse gas emissions and a continuous and reliable source of energy, geothermal power contributes to a sustainable energy mix, providing electricity and thermal energy while minimizing environmental impact.
The major global suppliers of Geothermal Energy include Energy Development, Comisión Federal de Electricidad, Ormat, Enel Green Power, Calpine, KenGen, Pertamina Geothermal Energy, Contact Energy, Orkuveita Reykjavikur, Berkshire Hathaway Energy, Star Energy Ltd, Northern California Power Agency, HS Orka, Cyrq Energy, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Geothermal Energy. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major suppliers, as well as the market status and trends of different product types and applications in the global Geothermal Energy market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Geothermal Energy market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Geothermal Energy industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Suppliers of Geothermal Energy Include:
Energy Development
Comisión Federal de Electricidad
Ormat
Enel Green Power
Calpine
KenGen
Pertamina Geothermal Energy
Contact Energy
Orkuveita Reykjavikur
Berkshire Hathaway Energy
Star Energy Ltd
Northern California Power Agency
HS Orka
Cyrq Energy
Geothermal Energy Product Segment Include:
Hydrothermal Geothermal Energy
Hot Dry Rock Geothermal Energy
Geothermal Energy Product Application Include:
Direct Use
Geothermal Power
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Geothermal Energy Industry PESTEL Analysis
Chapter 3: Global Geothermal Energy Industry Porter's Five Forces Analysis
Chapter 4: Global Geothermal Energy Major Regional Market Size (Revenue) and Forecast Analysis
Chapter 5: Global Geothermal Energy Competitive Analysis of Key Suppliers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 6: Global Geothermal Energy Revenue and Forecast Analysis by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 8: Industrial Chain Analysis, Geothermal Energy Different Application Market Analysis (Revenue and Forecast) and Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Geothermal Energy Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Geothermal Energy Product by Type
- 1.2.1 Hydrothermal Geothermal Energy
- 1.2.2 Hot Dry Rock Geothermal Energy
- 1.3 Geothermal Energy Product by Application
- 1.3.1 Direct Use
- 1.3.2 Geothermal Power
- 1.4 Global Geothermal Energy Market Size Analysis (2020-2032)
- 1.5 Geothermal Energy Market Development Status and Trends
- 1.5.1 Geothermal Energy Industry Development Status Analysis
- 1.5.2 Geothermal Energy Industry Development Trends Analysis
- 2 Geothermal Energy Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Geothermal Energy Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Geothermal Energy Market Analysis by Country
- 4.1 Global Geothermal Energy Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Geothermal Energy Revenue Analysis by Country (2020-2025)
- 4.1.2 Global Geothermal Energy Revenue Forecast Analysis by Country (2026-2032)
- 4.2 United States Geothermal Energy Market Revenue and Growth Rate (2020-2032)
- 4.3 Germany Geothermal Energy Market Revenue and Growth Rate (2020-2032)
- 4.4 Japan Geothermal Energy Market Revenue and Growth Rate (2020-2032)
- 4.5 China Geothermal Energy Market Revenue and Growth Rate (2020-2032)
- 4.6 France Geothermal Energy Market Revenue and Growth Rate (2020-2032)
- 4.7 U.K. Geothermal Energy Market Revenue and Growth Rate (2020-2032)
- 4.8 South Korea Geothermal Energy Market Revenue and Growth Rate (2020-2032)
- 4.9 Canada Geothermal Energy Market Revenue and Growth Rate (2020-2032)
- 4.10 Italy Geothermal Energy Market Revenue and Growth Rate (2020-2032)
- 4.11 Russia Geothermal Energy Market Revenue and Growth Rate (2020-2032)
- 4.12 Mexico Geothermal Energy Market Revenue and Growth Rate (2020-2032)
- 4.13 Brazil Geothermal Energy Market Revenue and Growth Rate (2020-2032)
- 4.14 India Geothermal Energy Market Revenue and Growth Rate (2020-2032)
- 4.15 Vietnam Geothermal Energy Market Revenue and Growth Rate (2020-2032)
- 4.16 Thailand Geothermal Energy Market Revenue and Growth Rate (2020-2032)
- 4.17 South Africa Geothermal Energy Market Revenue and Growth Rate (2020-2032)
- 5 Competition by Suppliers
- 5.1 Global Geothermal Energy Market Revenue by Key Suppliers (2021-2025)
- 5.2 Geothermal Energy Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Geothermal Energy Competitive Landscape Analysis
- 5.2.2 Global Key Suppliers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Geothermal Energy Market Analysis by Type
- 6.1 Global Geothermal Energy Market Size Analysis by Type: 2024 VS 2025 VS 2032
- 6.2 Global Geothermal Energy Revenue and Forecast Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 Energy Development
- 7.1.1 Energy Development Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 Energy Development Geothermal Energy Product Portfolio
- 7.1.3 Energy Development Geothermal Energy Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.2 Comisión Federal de Electricidad
- 7.2.1 Comisión Federal de Electricidad Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Comisión Federal de Electricidad Geothermal Energy Product Portfolio
- 7.2.3 Comisión Federal de Electricidad Geothermal Energy Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.3 Ormat
- 7.3.1 Ormat Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Ormat Geothermal Energy Product Portfolio
- 7.3.3 Ormat Geothermal Energy Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.4 Enel Green Power
- 7.4.1 Enel Green Power Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Enel Green Power Geothermal Energy Product Portfolio
- 7.4.3 Enel Green Power Geothermal Energy Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.5 Calpine
- 7.5.1 Calpine Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Calpine Geothermal Energy Product Portfolio
- 7.5.3 Calpine Geothermal Energy Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.6 KenGen
- 7.6.1 KenGen Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 KenGen Geothermal Energy Product Portfolio
- 7.6.3 KenGen Geothermal Energy Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.7 Pertamina Geothermal Energy
- 7.7.1 Pertamina Geothermal Energy Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 Pertamina Geothermal Energy Geothermal Energy Product Portfolio
- 7.7.3 Pertamina Geothermal Energy Geothermal Energy Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.8 Contact Energy
- 7.8.1 Contact Energy Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 Contact Energy Geothermal Energy Product Portfolio
- 7.8.3 Contact Energy Geothermal Energy Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.9 Orkuveita Reykjavikur
- 7.9.1 Orkuveita Reykjavikur Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Orkuveita Reykjavikur Geothermal Energy Product Portfolio
- 7.9.3 Orkuveita Reykjavikur Geothermal Energy Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.10 Berkshire Hathaway Energy
- 7.10.1 Berkshire Hathaway Energy Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 Berkshire Hathaway Energy Geothermal Energy Product Portfolio
- 7.10.3 Berkshire Hathaway Energy Geothermal Energy Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.11 Star Energy Ltd
- 7.11.1 Star Energy Ltd Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.11.2 Star Energy Ltd Geothermal Energy Product Portfolio
- 7.11.3 Star Energy Ltd Geothermal Energy Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.12 Northern California Power Agency
- 7.12.1 Northern California Power Agency Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.12.2 Northern California Power Agency Geothermal Energy Product Portfolio
- 7.12.3 Northern California Power Agency Geothermal Energy Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.13 HS Orka
- 7.13.1 HS Orka Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.13.2 HS Orka Geothermal Energy Product Portfolio
- 7.13.3 HS Orka Geothermal Energy Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.14 Cyrq Energy
- 7.14.1 Cyrq Energy Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.14.2 Cyrq Energy Geothermal Energy Product Portfolio
- 7.14.3 Cyrq Energy Geothermal Energy Market Data Analysis (Revenue, Gross Margin and Market Sha
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