Geothermal Energy Market by Application (Power generation, Residential & Commercial Heating and Cooling), Temperature (Low, Medium, & High temperature), Technology (Binary and Flash Cycle Plant, Dry Steam Plant, Ground Source Heat Pumps, Direct Systems),

The geothermal energy market is estimated to reach USD 13.56 billion by 2030 at a CAGR of 5.3% during the forecast period. The need for renewable power generation, increasing adoption of ground source heat pumps (GHP), and favorable government policies are the major factors driving the market for geothermal energy.

“Flash steam plants segment is projected to register the highest CAGR during the forecast period.”

By technology, the geothermal energy market has been segmented into binary cycle plants, flash steam plants, dry steam plants, ground source heat pumps, direct systems, and others. The flash steam plants segment is expected to grow at the highest CAGR during the forecast period. Flash steam plants vary in size depending on whether they are single (0.2-80 MW), double (2-110 MW), or triple-flash (60- 150 MW) plants. It produces about 27 kg/MWh of CO2 emissions, while a binary power plant produces zero CO2 emissions. The favorable government policies and the developed technology of dry steam plants are expected to drive the overall geothermal energy market.

“Power generation is expected to be the largest application during the forecast period.”

By application, the geothermal energy market has been segmented into power generation, residential heating and cooling, commercial heating and cooling, and others. The power generation segment is expected to be the largest application of geothermal energy during the forecast period due to the increasing demand for sustainable energy in every sector. Geothermal energy is preferred over other renewable forms of energy, such as wind, solar, and hydropower, for power generation.

“North America is estimated to be the second-largest market during the forecast period.”

North America is anticipated to be the second-largest geothermal energy market. The market in the region is driven by technological advancements in geologically favorable regions and a strong emphasis by countries on utilizing geothermal resources for electricity generation and other applications. Additionally, rising investments in new geothermal projects across the region are expected to further accelerate market growth. Innovation, strategic focus, and increased funding position North America as a key player in the global geothermal energy sector.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1 - 11%, Tier 2 - 85%, and Tier 3 - 24%

By Designation: C-Level - 30%, Managers - 25%, and Others - 45%

By Region: North America - 33%, Europe - 27%, Asia Pacific - 20%, Middle East & Africa - 12%, and South America - 18%

Note: The tiers of the companies are defined based on their total revenues as of 2024. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million

The geothermal energy market is dominated by a few major players that have a wide geographical presence. The leading players in the geothermal energy market are Ormat (US), MITSUBISHI HEAVY INDUSTRIES LTD. (Japan), GE Vernova (US), Ansaldo Energia (Italy), Fuji Electric Co., Ltd. (Japan), Toshiba Energy Systems & Solutions Corporation (Japan), Siemens AG (Germany), EXERGY INTERNATIONAL SRL (Italy), SLB (US), Halliburton (US), NOV (US), Weatherford (US), Welltec (Denmark), MANNVIT (Iceland), NIBE Group (Sweden), and others. The study includes an in-depth competitive analysis of these key players in the geothermal energy market, with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report defines, describes, and forecasts the global geothermal energy market by application (Power Generation, Residential & Commercial Heating and Cooling), Temperature (Low, Medium, and High Temperature), Technology (Binary and Flash Cycle Plant, Dry Steam Plant, Ground Source Heat Pumps, Direct Systems), and Region. The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the geothermal energy market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; contracts, partnerships, agreements, mergers & acquisitions; and recent developments associated with the geothermal energy market.

Key Benefits of Buying the Report

• Analysis of key drivers (Surging demand for ground source/geothermal heat pumps, Favorable government policies and initiatives, Use of geothermal energy for power generation, and Global focus on addressing climate crisis and reducing greenhouse gas emissions), restraints (High growth of solar, wind, gas, and other alternative renewable energy source, Lack of exploration and drilling techniques required to identify and develop undiscovered geothermal resources, Expensive geothermal well drilling leading to high upfront project costs.), opportunities (Emergence of advanced technologies, Geothermal potential for low- and medium-temperature resources, Mineral extraction using geothermal energy) and challenges (Multiple environmental reviews and assessments associated with geothermal projects, Absence of geothermal professionals, consultants, and businesses) influencing the growth of the geothermal energy market.
• Product Development/Innovation: Rapid development and innovation in geothermal energy, particularly through advancements in Enhanced Geothermal Systems (EGS), closed-loop, and supercritical geothermal technologies, expand access to the Earth’s heat resources. European projects like EnBW’s CASCADE, recognized for pioneering lithium extraction from geothermal brines, demonstrate how geothermal can simultaneously support energy and critical mineral supply chains. Innovations in the oil & gas sector, such as repurposing hydrocarbon wells for geothermal heating and improving drilling efficiency with advanced cooling techniques, are lowering costs and accelerating deployment. These breakthroughs position geothermal as a reliable, sustainable, and versatile solution for decarbonization and energy security.
• Market Development: Mitsubishi Heavy Industries Ltd. (Japan), via its Mitsubishi Power division, secured a contract in October 2024 to retrofit the Darajat Geothermal Power Plant in Indonesia with a new steam turbine, boosting its output from 121 to 129 MW.
• Market Diversification: Ormat Technologies completed its acquisition of the Blue Mountain geothermal power plant (20 MW) in Nevada from Cyrq Energy for USD 88 million in June 2025, a move that immediately strengthens its electricity generation portfolio. The plant, originally built with Ormat technology, currently operates under a power purchase agreement with NV Energy, which is set to expire at the end of 2029. Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, such as Ormat (US), MITSUBISHI HEAVY INDUSTRIES LTD. (Japan), GE Vernova (US), Ansaldo Energia (Italy), Fuji Electric Co., Ltd. (Japan), Toshiba Energy Systems & Solutions Corporation (Japan), Siemens AG (Germany), EXERGY INTERNATIONAL SRL (Italy), SLB (US), Halliburton (US), NOV (US), Weatherford (US), WELLTEC (Denmark), MANNVIT (Iceland), and NIBE Group (Sweden), are conducted.

Tables List

Table 1 Geothermal Energy Market Snapshot

Table 2 Major Developments Pertaining To Use Of Oil & Gas Wells For Geothermal Installations

Table 3 Personnel Requirements In Different Stages Of Geothermal Development (50 Mw)

Table 4 Geothermal Energy Market: Role In Ecosystem

Table 5 Geothermal Energy Market: List Of Conferences & Events, 2025–2026

Table 6 Geothermal Energy Systems: Codes And Regulations

Table 7 Global: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 8 North America: List Of Regulatory Bodies, Government

Agencies, And Other Organizations

Table 9 Europe: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 10 Asia Pacific: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 11 Rest Of The World: List Of Regulatory Bodies, Government Agencies, And Other Organizations

Table 12 Geothermal Energy Systems: Key Patents, April 2015–may 2022

Table 13 Geothermal Energy Market: Porter’s Five Forces Analysis

Table 14 Export Data For Hs Code 840681, By Country,

2022–2024 (Usd Thousand)

Table 15 Import Data For Hs Code 840681, By Country,

2022–2024 (Usd Thousand)

Table 16 Influence Of Stakeholders On Buying Process, By End User (%)

Table 17 Key Buying Criteria, By End User

Table 18 Average Capex Of Different Types Of Geothermal

Power Plants, By Region (Usd/Kw)

Table 19 World Gdp Growth, 2021–2028 (Usd Trillion)

Table 20 Inflation Rate (Annual Percent Change), 2024

Table 21 Us-adjusted Reciprocal Tariff Rates, 2024 (Usd Billion)

Table 22 Geothermal Energy Market, By Application, 2021–2024 (Usd Million)

Table 23 Geothermal Energy Market, By Application, 2025–2030 (Usd Million)

Table 24 Power Generation: Geothermal Energy Market, By Region,

2021–2024 (Usd Million)

Table 25 Power Generation: Geothermal Energy Market, By Region,

2025–2030 (Usd Million)

Table 26 Residential Heating & Cooling: Geothermal Energy Market,

By Region, 2021–2024 (Usd Million)

Table 27 Residential Heating & Cooling: Geothermal Energy Market,

By Region, 2025–2030 (Usd Million)

Table 28 Commercial Heating & Cooling: Geothermal Energy Market,

By Region, 2021–2024 (Usd Million)

Table 29 Commercial Heating & Cooling: Geothermal Energy Market,

By Region, 2025–2030 (Usd Million)

Table 30 Other Applications: Geothermal Energy Market, By Region,

2021–2024 (Usd Million)

Table 31 Other Applications: Geothermal Energy Market, By Region,

2025–2030 (Usd Million)

Table 32 Geothermal Energy Market, By Technology, 2021–2024 (Usd Million)

Table 33 Geothermal Energy Market, By Technology, 2025–2030 (Usd Million)

Table 34 Binary Cycle Plants: Geothermal Energy Market, By Region,

2021–2024 (Usd Million)

Table 35 Binary Cycle Plants: Geothermal Energy Market, By Region,

2025–2030 (Usd Million)

Table 36 Dry Steam Plants: Geothermal Energy Market, By Region,

2021–2024 (Usd Million)

Table 37 Dry Steam Plants: Geothermal Energy Market, By Region,

2025–2030 (Usd Million)

Table 38 Flash Steam Plants: Geothermal Energy Market, By Region,

2021–2024 (Usd Million)

Table 39 Flash Steam Plants: Geothermal Energy Market, By Region,

2025–2030 (Usd Million)

Table 40 Ground Source Heat Pumps: Geothermal Energy Market, By Region, 2021–2024 (Usd Million)

Table 41 Ground Source Heat Pumps: Geothermal Energy Market, By Region, 2025–2030 (Usd Million)

Table 42 Direct Systems: Geothermal Energy Market, By Region,

2021–2024 (Usd Million)

Table 43 Direct Systems: Geothermal Energy Market, By Region,

2025–2030 (Usd Million)

Table 44 Other Technologies: Geothermal Energy Market, By Region,

2021–2024 (Usd Million)

Table 45 Other Technologies: Geothermal Energy Market, By Region,

2025–2030 (Usd Million)

Table 46 Geothermal Energy Market, By Temperature, 2021–2024 (Usd Million)

Table 47 Geothermal Energy Market, By Temperature, 2025–2030 (Usd Million)

Table 48 Low Temperature: Geothermal Energy Market, By Region,

2021–2024 (Usd Million)

Table 49 Low Temperature: Geothermal Energy Market, By Region,

2025–2030 (Usd Million)

Table 50 Medium Temperature: Geothermal Energy Market, By Region,

2021–2024 (Usd Million)

Table 51 Medium Temperature: Geothermal Energy Market, By Region,

2025–2030 (Usd Million)

Table 52 High Temperature: Geothermal Energy Market, By Region,

2021–2024 (Usd Million)

Table 53 High Temperature: Geothermal Energy Market, By Region,

2025–2030 (Usd Million)

Table 54 Geothermal Energy Market, By Region, 2021–2024 (Usd Million)

Table 55 Geothermal Energy Market, By Region, 2025–2030 (Usd Million)

Table 56 Geothermal Energy Market, By Region, 2021–2024 (Mw)

Table 57 Geothermal Energy Market, By Region, 2025–2030 (Mw)

Table 58 Asia Pacific: Geothermal Energy Market, By Technology,

2021–2024 (Usd Million)

Table 59 Asia Pacific: Geothermal Energy Market, By Technology,

2025–2030 (Usd Million)

Table 60 Asia Pacific: Geothermal Energy Market, By Temperature,

2021–2024 (Usd Million)

Table 61 Asia Pacific: Geothermal Energy Market, By Temperature,

2025–2030 (Usd Million)

Table 62 Asia Pacific: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 63 Asia Pacific: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 64 Asia Pacific: Geothermal Energy Market, By Country,

2021–2024 (Usd Million)

Table 65 Asia Pacific: Geothermal Energy Market, By Country,

2025–2030 (Usd Million)

Table 66 China: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 67 China: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 68 Japan: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 69 Japan: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 70 Indonesia: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 71 Indonesia: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 72 Philippines: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 73 Philippines: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 74 New Zealand: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 75 New Zealand: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 76 Rest Of Asia Pacific: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 77 Rest Of Asia Pacific: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 78 North America: Geothermal Energy Market, By Technology,

2021–2024 (Usd Million)

Table 79 North America: Geothermal Energy Market, By Technology,

2025–2030 (Usd Million)

Table 80 North America: Geothermal Energy Market, By Temperature,

2021–2024 (Usd Million)

Table 81 North America: Geothermal Energy Market, By Temperature,

2025–2030 (Usd Million)

Table 82 North America: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 83 North America: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 84 North America: Geothermal Energy Market, By Country,

2021–2024 (Usd Million)

Table 85 North America: Geothermal Energy Market, By Country,

2025–2030 (Usd Million)

Table 86 Us: Geothermal Energy Market, By Application, 2021–2024 (Usd Million)

Table 87 Us: Geothermal Energy Market, By Application, 2025–2030 (Usd Million)

Table 88 Canada: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 89 Canada: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 90 Mexico: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 91 Mexico: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 92 Europe: Geothermal Energy Market, By Technology,

2021–2024 (Usd Million)

Table 93 Europe: Geothermal Energy Market, By Technology,

2025–2030 (Usd Million)

Table 94 Europe: Geothermal Energy Market, By Temperature,

2021–2024 (Usd Million)

Table 95 Europe: Geothermal Energy Market, By Temperature,

2025–2030 (Usd Million)

Table 96 Europe: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 97 Europe: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 98 Europe: Geothermal Energy Market, By Country,

2021–2024 (Usd Million)

Table 99 Europe: Geothermal Energy Market, By Country,

2025–2030 (Usd Million)

Table 100 Turkey: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 101 Turkey: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 102 Germany: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 103 Germany: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 104 Italy: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 105 Italy: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 106 Iceland: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 107 Iceland: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 108 Rest Of Europe: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 109 Rest Of Europe: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 110 South America: Geothermal Energy Market, By Technology,

2021–2024 (Usd Million)

Table 111 South America: Geothermal Energy Market, By Technology,

2025–2030 (Usd Million)

Table 112 South America: Geothermal Energy Market, By Temperature,

2021–2024 (Usd Million)

Table 113 South America: Geothermal Energy Market, By Temperature,

2025–2030 (Usd Million)

Table 114 South America: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 115 South America: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 116 South America: Geothermal Energy Market, By Country,

2021–2024 (Usd Million)

Table 117 South America: Geothermal Energy Market, By Country,

2025–2030 (Usd Million)

Table 118 Chile: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 119 Chile: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 120 Colombia: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 121 Colombia: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 122 Middle East & Africa: Geothermal Energy Market, By Technology, 2021–2024 (Usd Million)

Table 123 Middle East & Africa: Geothermal Energy Market, By Technology, 2025–2030 (Usd Million)

Table 124 Middle East & Africa: Geothermal Energy Market, By Temperature, 2021–2024 (Usd Million)

Table 125 Middle East & Africa: Geothermal Energy Market, By Temperature, 2025–2030 (Usd Million)

Table 126 Middle East & Africa: Geothermal Energy Market, By Application, 2021–2024 (Usd Million)

Table 127 Middle East & Africa: Geothermal Energy Market, By Application, 2025–2030 (Usd Million)

Table 128 Middle East & Africa: Geothermal Energy Market, By Country,

2021–2024 (Usd Million)

Table 129 Middle East & Africa: Geothermal Energy Market, By Country,

2020–2027 (Usd Million)

Table 130 Kenya: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 131 Kenya: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 132 Saudi Arabia: Geothermal Energy Market, By Application,

2021–2024 (Usd Million)

Table 133 Saudi Arabia: Geothermal Energy Market, By Application,

2025–2030 (Usd Million)

Table 134 Rest Of Middle East & Africa: Geothermal Energy Market,

By Application, 2021–2024 (Usd Million)

Table 135 Rest Of Middle East & Africa: Geothermal Energy Market,

By Application, 2025–2030 (Usd Million)

Table 136 Overview Of Key Strategies Adopted By Top Players, 2020– 2025

Table 137 Geothermal Energy Market For Surface Plant Equipment And Services: Degree Of Competition

Table 138 Geothermal Energy Market For Sub-surface Equipment And Services: Degree Of Competition

Table 139 Geothermal Energy Market For Ground Source/Geothermal Heat Pumps: Degree Of Competition

Table 140 Geothermal Energy Market: Company Footprint

Table 141 Geothermal Energy Market: Company Footprint, By Player’s

Role In Supply Chain

Table 142 Geothermal Energy Market: Application Footprint

Table 143 Geothermal Energy Market: Region Footprint

Table 144 Geothermal Energy Market: Detailed List Of Key Smes/Startups

Table 145 Geothermal Energy Market: Competitive Benchmarking

Of Key Smes/Startups

Table 146 Geothermal Energy Market: Product Launches, 2020–2025

Table 147 Geothermal Energy Market: Deals, 2020– 2025

Table 148 Geothermal Energy Market: Expansions, 2020– 2025

Table 149 Geothermal Energy Market: Other Developments, 2020– 2025

Table 150 Ormat: Company Overview

Table 151 Ormat: Products Offered

Table 152 Ormat: Product Launches

Table 153 Ormat: Deals

Table 154 Ormat: Expansions

Table 155 Ormat: Other Developments

Table 156 Mitsubishi Heavy Industries Ltd.: Company Overview

Table 157 Mitsubishi Heavy Industries Ltd.: Products Offered

Table 158 Mitsubishi Heavy Industries Ltd.: Deals

Table 159 Mitsubishi Heavy Industries Ltd.: Expansions

Table 160 Mitsubishi Heavy Industries Ltd.: Other Developments

Table 161 Ge Vernova: Company Overview

Table 162 Ge Vernova: Products Offered

Table 163 Ansaldo Energia: Company Overview

Table 164 Ansaldo Energia: Products Offered

Table 165 Ansaldo Energia: Expansions

Table 166 Fuji Electric: Company Overview

Table 167 Fuji Electric: Products Offered

Table 168 Fuji Electric: Other Developments

Table 169 Toshiba America Energy Systems Corporation: Company Overview

Table 170 Toshiba America Energy Systems Corporation: Products Offered

Table 171 Toshiba America Energy Systems Corporation: Deals

Table 172 Toshiba America Energy Systems Corporation: Other Developments

Table 173 Siemens Ag: Company Overview

Table 174 Siemens Ag: Products Offered

Table 175 Siemens Ag: Expansions

Table 176 Siemens Ag: Deals

Table 177 Baker Hughes Company: Company Overview

Table 178 Baker Hughes Company: Products Offered

Table 179 Baker Hughes Company: Product Launches

Table 180 Baker Hughes Company: Deals

Table 181 Slb: Company Overview

Table 182 Slb: Products Offered

Table 183 Slb: Product Launches

Table 184 Slb: Deals

Table 185 Slb: Expansions

Table 186 Slb: Other Developments

Table 187 Halliburton: Company Overview

Table 188 Halliburton: Products Offered

Table 189 Halliburton: Product Launches

Table 190 Halliburton: Deals

Table 191 Halliburton: Other Developments

Table 192 Nov: Company Overview

Table 193 Nov: Products Offered

Table 194 Nov: Product Launches

Table 195 Nov: Other Developments

Table 196 Weatherford: Company Overview

Table 197 Weatherford: Products Offered

Table 198 Weatherford: Product Launches

Table 199 Weatherford: Deals

Table 200 Weatherford: Other Developments

Table 201 Welltec: Company Overview

Table 202 Welltec: Products Offered

Table 203 Welltec: Deals

Table 204 Welltec: Other Developments

Table 205 Nibe Group: Company Overview

Table 206 Nibe Group: Products Offered

Table 207 Carrier Global Corporation: Company Overview

Table 208 Carrier Global Corporation: Products Offered

Table 209 Carrier Global Corporation: Deals

Figures List

Figure 1 Geothermal Energy Market: Research Design

Figure 2 Data Triangulation Methodology

Figure 3 Main Metrics Considered To Construct And Assess Demand For Geothermal Energy Systems

Figure 4 Geothermal Energy Market: Region-wise Analysis

Figure 5 Geothermal Energy Market: Supply-side Analysis

Figure 6 Key Metrics Considered To Assess Supply Of Geothermal

Energy Systems

Figure 7 Binary Cycle Plants To Be Leading Technology In Geothermal

Energy Market

Figure 8 Medium Temperature Segment To Register Highest Cagr

During Forecast Period

Figure 9 Power Generation Segment To Dominate Geothermal Energy

Market In 2025 And 2030

Figure 10 Asia Pacific To Account For Largest Share Of Geothermal

Energy Market Between 2025 And 2030

Figure 11 Favorable Renewable Energy Policies To Drive Geothermal

Energy Market During Forecast Period

Figure 12 South American Geothermal Energy Market To Register

Highest Cagr During Forecast Period

Figure 13 Binary Cycle Plants Segment Dominated Geothermal

Energy Market In 2024

Figure 14 Medium Temperature Segment Accounted For Largest

Share Of Geothermal Energy Market In 2024

Figure 15 Power Generation Segment Held Largest Share Of

Geothermal Energy Market In 2024

Figure 16 Geothermal Energy Market: Drivers, Restraints,

Opportunities, And Challenges

Figure 17 Us: Primary Consumption Of Geothermal Energy, 2010–2023

Figure 18 Us: Share Of Total Geothermal Electricity Generation, By State, 2023

Figure 19 Installed Electricity Capacity Worldwide, By Source (2022)

Figure 20 Revenue Shifts For Geothermal Energy System Providers

Figure 21 Ecosystem Analysis: Geothermal Energy Market

Figure 22 Supply Chain Analysis: Geothermal Combined Heat

And Power Generation

Figure 23 Supply Chain Analysis: Geothermal Energy Market –

Ground Source/Geothermal Heat Pumps

Figure 24 Geothermal Energy Market: Porter’s Five Forces Analysis

Figure 25 Export Scenario For Hs Code 840681, 2020–2024 (Usd Thousand)

Figure 26 Import Scenario For Hs Code 840681, 2020–2024 (Usd Thousand)

Figure 27 Influence Of Stakeholders On Buying Process, By End User

Figure 28 Key Buying Criteria For End Users

Figure 29 Average Capex Of Different Types Of Geothermal

Power Plants, By Region

Figure 30 Impact Of Gen Ai/Ai On Geothermal Energy Market, By Application

Figure 31 Geothermal Energy Market, By Application

Figure 32 Geothermal Energy Market, By Technology

Figure 33 Geothermal Energy Market, By Temperature

Figure 34 Geothermal Energy Market In South America To Grow At Highest Cagr From 2025 To 2030

Figure 35 Geothermal Energy Market Share, In Terms Of Value,

By Region, 2024 (%)

Figure 36 Asia Pacific: Geothermal Energy Market Snapshot

Figure 37 Europe: Geothermal Energy Market Snapshot

Figure 38 Geothermal Energy Market For Surface Plant Equipment And Services: Market Share Analysis, 2024

Figure 39 Geothermal Energy Market For Sub-surface Equipment And Services: Market Share Analysis, 2024

Figure 40 Geothermal Energy Market For Ground Source/Geothermal Heat Pumps: Market Share Analysis, 2024

Figure 41 Revenue Of Top Players In Geothermal Energy Market

From 2020 To 2024

Figure 42 Financial Metrics

Figure 43 Brand/Product Comparison

Figure 44 Competitive Leadership Mapping: Geothermal Energy Market, 2024

Figure 45 Geothermal Energy Market: Startup/Sme Evaluation Quadrant, 2024

Figure 46 Ormat: Company Snapshot

Figure 47 Mitsubishi Heavy Industries Ltd.: Company Snapshot

Figure 48 Ge Vernova: Company Snapshot

Figure 49 Fuji Electric: Company Snapshot

Figure 50 Siemens Ag: Company Snapshot

Figure 51 Baker Hughes Company: Company Snapshot

Figure 52 Slb: Company Snapshot

Figure 53 Halliburton: Company Snapshot

Figure 54 Nov: Company Snapshot

Figure 55 Weatherford: Company Snapshot

Figure 56 Nibe Group: Company Snapshot

Figure 57 Carrier Global Corporation: Company Snapshot