Global Geothermal Power Generation Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch＇s in-depth investigation and research, the global Geothermal Power Generation market size will reach 32,909 Million USD in 2025 and is projected to reach 50,439 Million USD by 2032, with a CAGR of 6.29% (2025-2032). Notably, the China Geothermal Power Generation 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 power generation harnesses the Earth＇s internal heat to produce electricity. It taps into the natural heat emanating from the Earth＇s interior, typically through volcanic activity or the natural radioactive decay of minerals. Geothermal power plants use wells to access hot water or steam reservoirs deep below the Earth＇s surface. The high-pressure steam or hot water is then brought to the surface and used to drive turbines connected to generators, converting the thermal energy into electricity. There are different types of geothermal power plants, including dry steam, flash steam, and binary cycle plants, each utilizing specific geothermal resources. Geothermal power generation provides a reliable and continuous source of renewable energy with low greenhouse gas emissions. It is considered an environmentally sustainable option, contributing to a diversified energy portfolio and reducing dependence on fossil fuels.

The major global  manufacturers of Geothermal Power Generation 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 Power Generation. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Geothermal Power Generation 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 Power Generation 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 Power Generation 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 Manufacturers of Geothermal Power Generation 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 Power Generation Product Segment Include:

Dry Steam Stations

Flash Steam Power Stations

Binary Cycle Stations

Geothermal Power Generation Product Application Include:

Residential

Industrial

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Geothermal Power Generation Industry PESTEL Analysis

Chapter 3: Global Geothermal Power Generation Industry Porter's Five Forces Analysis

Chapter 4: Global Geothermal Power Generation Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 5: Global Geothermal Power Generation Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 6: Global Geothermal Power Generation Sales, Revenue, Price and Forecast by Product Type

Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 8: Industrial Chain Analysis, Geothermal Power Generation Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology and Data Sources