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Geothermal Energy Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Geothermal Energy Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

The report on global geothermal energy market provides qualitative and quantitative analysis for the period of 2016 to 2024. The report predicts the global geothermal energy market to grow with a CAGR of 12.2% over the forecast period of 2018-2024. The study on geothermal energy market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
Geothermal energy is a form of energy in which heat energy within the earth is captured and harnessed for electrical power generation, cooking, and other uses. The geothermal energy of the Earth's crust originates from the original formation of the globe and from radioactive decay of materials such as potassium, thorium, and uranium in Earth’s crust. Geothermal power is cost-effective, reliable, sustainable, and environmentally friendly source of power. The estimated energy that can be recovered and utilized on the surface is 1.4 × 106 terawatt-years.
Increasing electricity security concern owing to the clean and eco-friendly resources are driving the growth of the geothermal energy market. In addition, increasing demand for heating and cooling systems including ground source heat pump and district heating are estimated to fuel the growth of the geothermal energy market. However, potential emissions, surface instability, and high capital cost required for building a plant are likely to hamper the growth of the geothermal energy market during the forecast period. Furthermore, government-undertaken initiatives such as financial benefits and tax refunds to promote sustainable energy production are estimated to generate numerous growth opportunities for the geothermal energy market over the upcoming years.
Among the geographies, North America dominated the geothermal energy market in 2017. U.S is the key region driving the growth in the North America geothermal energy market owing to increasing clean electricity demand coupled with growing emission reduction measures. Moreover, rising demand for cooling and heating systems coupled with increasing investments towards the development of green building infrastructure will positively affect the Germany geothermal energy market. Moreover, growing electricity demand in China and India coupled with increasing government intervention to produce electricity through renewable resources is likely to further enhance the market growth in the Asia Pacific region.
The report on geothermal energy market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global geothermal energy market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global geothermal energy market over the period of 2016 to 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global geothermal energy market is segmented on the basis of types and applications.

Global Geothermal Energy Market by Types
Binary Plants
Direct Dry Steam Plants
Flash Plants
Others(Combined Cycle Or Hybrid Cycle)
Global Geothermal Energy Market by Applications
Domestic
Tertiary Uses
District Heating Networks
Power Production
Heat Production (via Heat Pumps Or By Direct Heat Exchange)

Company Profiles
Calpine
Ormat Technologies Inc.
U.S. Geothermal Inc.
Terra-Gen Power LLC
Chevron Corp.
Berkshire Hathaway Inc.
Enel Green Power North America Inc.
Gradient Resources
Toshiba International Corp.
EthosEnergy Group
ThermaSource LLC

How this report delivers?
1. Comprehensive analysis of global as well as regional markets of geothermal energy market.
2. Complete coverage of all the segments in geothermal energy market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global geothermal energy market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.


The report on geothermal energy market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global geothermal energy market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.

1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
2. Executive Summary
2.1. Geothermal Energy Market Highlights
2.2. Geothermal Energy Market Projection
2.3. Geothermal Energy Market Regional Highlights
3. Global Geothermal Energy Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Types
3.4.2. IGR-Growth Matrix Analysis by Applications
3.4.3. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Geothermal Energy Market
4. Geothermal Energy Market Macro Indicator Analysis
5. Global Geothermal Energy Market by Types
5.1. Binary Plants
5.2. Direct Dry Steam Plants
5.3. Flash Plants
5.4. Others(Combined Cycle Or Hybrid Cycle)
6. Global Geothermal Energy Market by Applications
6.1. Domestic
6.2. Tertiary Uses
6.3. District Heating Networks
6.4. Power Production
6.5. Heat Production (via Heat Pumps Or By Direct Heat Exchange)
7. Global Geothermal Energy Market by Region 2018-2024
7.1. North America
7.1.1. North America Geothermal Energy Market by Types
7.1.2. North America Geothermal Energy Market by Applications
7.1.3. North America Geothermal Energy Market by Country
7.2. Europe
7.2.1. Europe Geothermal Energy Market by Types
7.2.2. Europe Geothermal Energy Market by Applications
7.2.3. Europe Geothermal Energy Market by Country
7.3. Asia-Pacific
7.3.1. Asia-Pacific Geothermal Energy Market by Types
7.3.2. Asia-Pacific Geothermal Energy Market by Applications
7.3.3. Asia-Pacific Geothermal Energy Market by Country
7.4. RoW
7.4.1. RoW Geothermal Energy Market by Types
7.4.2. RoW Geothermal Energy Market by Applications
7.4.3. RoW Geothermal Energy Market by Sub-region
8. Company profiles and competitive landscape
8.1. Competitive Landscape in the Global Geothermal Energy Market
8.2. Companies Profiles
8.2.1. Calpine
8.2.1.1. Overview
8.2.1.2. Company Snapshot
8.2.1.3. Financial Snapshot
8.2.1.4. Product portfolio
8.2.1.5. Recent developments
8.2.2. Ormat Technologies Inc.
8.2.2.1. Overview
8.2.2.2. Company Snapshot
8.2.2.3. Financial Snapshot
8.2.2.4. Product portfolio
8.2.2.5. Recent developments
8.2.3. U.s. Geothermal Inc.
8.2.3.1. Overview
8.2.3.2. Company Snapshot
8.2.3.3. Financial Snapshot
8.2.3.4. Product portfolio
8.2.3.5. Recent developments
8.2.4. Terra-gen Power Llc
8.2.4.1. Overview
8.2.4.2. Company Snapshot
8.2.4.3. Financial Snapshot
8.2.4.4. Product portfolio
8.2.4.5. Recent developments
8.2.5. Chevron Corp.
8.2.5.1. Overview
8.2.5.2. Company Snapshot
8.2.5.3. Financial Snapshot
8.2.5.4. Product portfolio
8.2.5.5. Recent developments
8.2.6. Berkshire Hathaway Inc.
8.2.6.1. Overview
8.2.6.2. Company Snapshot
8.2.6.3. Financial Snapshot
8.2.6.4. Product portfolio
8.2.6.5. Recent developments
8.2.7. Enel Green Power North America Inc.
8.2.7.1. Overview
8.2.7.2. Company Snapshot
8.2.7.3. Financial Snapshot
8.2.7.4. Product portfolio
8.2.7.5. Recent developments
8.2.8. Gradient Resources
8.2.8.1. Overview
8.2.8.2. Company Snapshot
8.2.8.3. Financial Snapshot
8.2.8.4. Product portfolio
8.2.8.5. Recent developments
8.2.9. Toshiba International Corp.
8.2.9.1. Overview
8.2.9.2. Company Snapshot
8.2.9.3. Financial Snapshot
8.2.9.4. Product portfolio
8.2.9.5. Recent developments
8.2.10. Ethosenergy Group
8.2.10.1. Overview
8.2.10.2. Company Snapshot
8.2.10.3. Financial Snapshot
8.2.10.4. Product portfolio
8.2.10.5. Recent developments
8.2.11. Thermasource Llc
8.2.11.1. Overview
8.2.11.2. Company Snapshot
8.2.11.3. Financial Snapshot
8.2.11.4. Product portfolio
8.2.11.5. Recent developments
9. Appendix
9.1. Primary research findings and questionnaire

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