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Table 185. Authors List of This Report List of Figures Figure 1. Research Methodology Figure 2. Research Process Figure 3. Key Executives Interviewed Figure 4. Geothermal Energy Product Picture Figure 5. Global Geothermal Energy Market Size Comparison by Type (2023-2029) & (US$ Million) Figure 6. Global Geothermal Energy Market Share by Type: 2022 VS 2029 Figure 7. Hydrothermal Geothermal Energy Product Picture Figure 8. Hot Dry Rock Geothermal Energy Product Picture Figure 9. Global Geothermal Energy Market Size by Application (2023-2029) & (US$ Million) Figure 10. Global Geothermal Energy Market Share by Application: 2022 VS 2029 Figure 11. Direct Use Product Picture Figure 12. Geothermal Power Product Picture Figure 13. Global Geothermal Energy Market Size (US$ Million), Year-over-Year: 2018-2029 Figure 14. Global Geothermal Energy Market Size, (US$ Million), 2018 VS 2022 VS 2029 Figure 15. Global Geothermal Energy Market Share by Region: 2022 VS 2029 Figure 16. Global Geothermal Energy Market Share by Players in 2022 Figure 17. Global Geothermal Energy Players, Date of Enter into This Industry Figure 18. Global Top 5 and 10 Geothermal Energy Players Market Share by Revenue in 2022 Figure 19. Players Type (Tier 1, Tier 2, and Tier 3): 2018 VS 2022 Figure 20. North America Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 21. North America Geothermal Energy Market Share by Country (2018-2029) Figure 22. United States Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 23. Canada Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 24. Europe Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 25. Europe Geothermal Energy Market Share by Country (2018-2029) Figure 26. Germany Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 27. France Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 28. U.K. Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 29. Italy Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 30. Russia Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 31. Nordic Countries Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 32. Asia-Pacific Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 33. Asia-Pacific Geothermal Energy Market Share by Country (2018-2029) Figure 34. China Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 35. Japan Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 36. South Korea Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 37. Southeast Asia Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 38. India Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 39. Australia Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 40. Latin America Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 41. Latin America Geothermal Energy Market Share by Country (2018-2029) Figure 42. Mexico Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 43. Brazil Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 44. Middle East & Africa Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 45. Middle East & Africa Geothermal Energy Market Share by Country (2018-2029) Figure 46. Turkey Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 47. Saudi Arabia Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 48. UAE Geothermal Energy Market Size YoY Growth (2018-2029) & (US$ Million) Figure 49. Energy Development Revenue Growth Rate in Geothermal Energy Business (2018-2023) Figure 50. Comisión Federal de Electricidad Revenue Growth Rate in Geothermal Energy Business (2018-2023) Figure 51. Ormat Revenue Growth Rate in Geothermal Energy Business (2018-2023) Figure 52. Enel Green Power Revenue Growth Rate in Geothermal Energy Business (2018-2023) Figure 53. Calpine Revenue Growth Rate in Geothermal Energy Business (2018-2023) Figure 54. KenGen Revenue Growth Rate in Geothermal Energy Business (2018-2023) Figure 55. Pertamina Geothermal Energy Revenue Growth Rate in Geothermal Energy Business (2018-2023) Figure 56. Contact Energy Revenue Growth Rate in Geothermal Energy Business (2018-2023) Figure 57. Orkuveita Reykjavikur Revenue Growth Rate in Geothermal Energy Business (2018-2023) Figure 58. Star Energy Ltd Revenue Growth Rate in Geothermal Energy Business (2018-2023) Figure 59. Berkshire Hathaway Energy Revenue Growth Rate in Geothermal Energy Business (2018-2023) Figure 60. Northern California Power Agency Revenue Growth Rate in Geothermal Energy Business (2018-2023) Figure 61. HS Orka Revenue Growth Rate in Geothermal Energy Business (2018-2023) Figure 62. Cyrq Energy Revenue Growth Rate in Geothermal Energy Business (2018-2023) Highlights The global Geothermal Energy market is projected to reach US$ million by 2029 from an estimated US$ million in 2023, at a CAGR of % during 2024 and 2029. North American market for Geothermal Energy is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2024 through 2029. Asia-Pacific market for Geothermal Energy is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2024 through 2029. The major global companies of Geothermal Energy include Energy Development, Comisión Federal de Electricidad, Ormat, Enel Green Power, Calpine, KenGen, Pertamina Geothermal Energy, Contact Energy and Orkuveita Reykjavikur, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue. The global market for Geothermal Energy in Direct Use is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2024 through 2029. Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, Hydrothermal Geothermal Energy, which accounted for % of the global market of Geothermal Energy in 2022, is expected to reach million US$ by 2029, growing at a revised CAGR of % from 2024 to 2029. Report Scope This report aims to provide a comprehensive presentation of the global market for Geothermal Energy, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Geothermal Energy. The Geothermal Energy market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Geothermal Energy market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments. The report will help the Geothermal Energy companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, product type, application, and regions. Key Companies & Market Share Insights In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue by companies for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include: Energy Development Comisión Federal de Electricidad Ormat Enel Green Power Calpine KenGen Pertamina Geothermal Energy Contact Energy Orkuveita Reykjavikur Star Energy Ltd Berkshire Hathaway Energy Northern California Power Agency HS Orka Cyrq Energy Product Type Insights Global markets are presented by Geothermal Energy type, along with growth forecasts through 2029. Estimates on revenue are based on the price in the supply chain at which the Geothermal Energy are procured by the companies. This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows revenue data by type, and during the historical period (2018-2023) and forecast period (2024-2029). Geothermal Energy segment by Type Hydrothermal Geothermal Energy Hot Dry Rock Geothermal Energy Application Insights This report has provided the market size (revenue data) by application, during the historical period (2018-2023) and forecast period (2024-2029). This report also outlines the market trends of each segment and consumer behaviors impacting the Geothermal Energy market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Geothermal Energy market. Geothermal Energy Segment by Application Direct Use Geothermal Power Regional Outlook This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue data of each region and country for the period 2018-2029. The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America, Middle East & Africa. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2022 because of the base year, with estimates for 2023 and forecast revenue for 2029. North America United States Canada Europe Germany France UK Italy Russia Nordic Countries Rest of Europe Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE Rest of MEA Key Drivers & Barriers High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects. COVID-19 and Russia-Ukraine War Influence Analysis The readers in the section will understand how the Geothermal Energy market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come. Reasons to Buy This Report This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Geothermal Energy market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market. This report will help stakeholders to understand the global industry status and trends of Geothermal Energy and provides them with information on key market drivers, restraints, challenges, and opportunities. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition. This report stays updated with novel technology integration, features, and the latest developments in the market This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Geothermal Energy industry. This report helps stakeholders to gain insights into which regions to target globally This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Geothermal Energy. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution. Core Chapters Chapter 1: Research objectives, research methods, data sources, data cross-validation; Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term. Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry. Chapter 6: Detailed analysis of Geothermal Energy companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. Chapter 13: The main points and conclusions of the report. Frequently Asked Questions What factors will challenge the Product Name market growth? Which end-use segment will expand at the fastest CAGR in the Product Name market? Which are the emerging players in the Product Name market? How concentrated is the Product Name market? Which factors are positively contributing to the Product Name market growth? Which are the novel product innovations in the Product Name market? Which product segment will emerge as the most lucrative in the Product Name market? Which factors are increasing the competition in the Product Name market? Which are the strategic measures taken by the Product Name industry players? Which region will witness inactive growth during the forecast period? What key trends are likely to emerge in the Product Name market in the coming years?
1 Preface 1.1 Scope of Report 1.2 Reasons for Doing This Study 1.3 Research Methodology 1.4 Research Process 1.5 Data Source 1.5.1 Secondary Sources 1.5.2 Primary Sources 2 Market Overview 2.1 Product Definition 2.2 Geothermal Energy by Type 2.2.1 Market Value Comparison by Type (2018 VS 2022 VS 2029) 1.2.2 Hydrothermal Geothermal Energy 1.2.3 Hot Dry Rock Geothermal Energy 2.3 Geothermal Energy by Application 2.3.1 Market Value Comparison by Application (2018 VS 2022 VS 2029) 2.3.2 Direct Use 2.3.3 Geothermal Power 2.4 Assumptions and Limitations 3 Geothermal Energy Breakdown Data by Type 3.1 Global Geothermal Energy Historic Market Size by Type (2018-2023) 3.2 Global Geothermal Energy Forecasted Market Size by Type (2023-2028) 4 Geothermal Energy Breakdown Data by Application 4.1 Global Geothermal Energy Historic Market Size by Application (2018-2023) 4.2 Global Geothermal Energy Forecasted Market Size by Application (2018-2023) 5 Global Growth Trends 5.1 Global Geothermal Energy Market Perspective (2018-2029) 5.2 Global Geothermal Energy Growth Trends by Region 5.2.1 Global Geothermal Energy Market Size by Region: 2018 VS 2022 VS 2029 5.2.2 Geothermal Energy Historic Market Size by Region (2018-2023) 5.2.3 Geothermal Energy Forecasted Market Size by Region (2024-2029) 5.3 Geothermal Energy Market Dynamics 5.3.1 Geothermal Energy Industry Trends 5.3.2 Geothermal Energy Market Drivers 5.3.3 Geothermal Energy Market Challenges 5.3.4 Geothermal Energy Market Restraints 6 Market Competitive Landscape by Players 6.1 Global Top Geothermal Energy Players by Revenue 6.1.1 Global Top Geothermal Energy Players by Revenue (2018-2023) 6.1.2 Global Geothermal Energy Revenue Market Share by Players (2018-2023) 6.2 Global Geothermal Energy Industry Players Ranking, 2021 VS 2022 VS 2023 6.3 Global Key Players of Geothermal Energy Head office and Area Served 6.4 Global Geothermal Energy Players, Product Type & Application 6.5 Global Geothermal Energy Players, Date of Enter into This Industry 6.6 Global Geothermal Energy Market CR5 and HHI 6.7 Global Players Mergers & Acquisition 7 North America 7.1 North America Geothermal Energy Market Size (2018-2029) 7.2 North America Geothermal Energy Market Growth Rate by Country: 2018 VS 2022 VS 2029 7.3 North America Geothermal Energy Market Size by Country (2018-2023) 7.4 North America Geothermal Energy Market Size by Country (2024-2029) 7.5 United States 7.6 Canada 8 Europe 8.1 Europe Geothermal Energy Market Size (2018-2029) 8.2 Europe Geothermal Energy Market Growth Rate by Country: 2018 VS 2022 VS 2029 8.3 Europe Geothermal Energy Market Size by Country (2018-2023) 8.4 Europe Geothermal Energy Market Size by Country (2024-2029) 7.4 Germany 7.5 France 7.6 U.K. 7.7 Italy 7.8 Russia 7.9 Nordic Countries 9 Asia-Pacific 9.1 Asia-Pacific Geothermal Energy Market Size (2018-2029) 9.2 Asia-Pacific Geothermal Energy Market Growth Rate by Country: 2018 VS 2022 VS 2029 9.3 Asia-Pacific Geothermal Energy Market Size by Country (2018-2023) 9.4 Asia-Pacific Geothermal Energy Market Size by Country (2024-2029) 8.4 China 8.5 Japan 8.6 South Korea 8.7 Southeast Asia 8.8 India 8.9 Australia 10 Latin America 10.1 Latin America Geothermal Energy Market Size (2018-2029) 10.2 Latin America Geothermal Energy Market Growth Rate by Country: 2018 VS 2022 VS 2029 10.3 Latin America Geothermal Energy Market Size by Country (2018-2023) 10.4 Latin America Geothermal Energy Market Size by Country (2024-2029) 9.4 Mexico 9.5 Brazil 11 Middle East & Africa 11.1 Middle East & Africa Geothermal Energy Market Size (2018-2029) 11.2 Middle East & Africa Geothermal Energy Market Growth Rate by Country: 2018 VS 2022 VS 2029 11.3 Middle East & Africa Geothermal Energy Market Size by Country (2018-2023) 11.4 Middle East & Africa Geothermal Energy Market Size by Country (2024-2029) 10.4 Turkey 10.5 Saudi Arabia 10.6 UAE 12 Players Profiled 11.1 Energy Development 11.1.1 Energy Development Company Detail 11.1.2 Energy Development Business Overview 11.1.3 Energy Development Geothermal Energy Introduction 11.1.4 Energy Development Revenue in Geothermal Energy Business (2017-2022) 11.1.5 Energy Development Recent Development 11.2 Comisión Federal de Electricidad 11.2.1 Comisión Federal de Electricidad Company Detail 11.2.2 Comisión Federal de Electricidad Business Overview 11.2.3 Comisión Federal de Electricidad Geothermal Energy Introduction 11.2.4 Comisión Federal de Electricidad Revenue in Geothermal Energy Business (2017-2022) 11.2.5 Comisión Federal de Electricidad Recent Development 11.3 Ormat 11.3.1 Ormat Company Detail 11.3.2 Ormat Business Overview 11.3.3 Ormat Geothermal Energy Introduction 11.3.4 Ormat Revenue in Geothermal Energy Business (2017-2022) 11.3.5 Ormat Recent Development 11.4 Enel Green Power 11.4.1 Enel Green Power Company Detail 11.4.2 Enel Green Power Business Overview 11.4.3 Enel Green Power Geothermal Energy Introduction 11.4.4 Enel Green Power Revenue in Geothermal Energy Business (2017-2022) 11.4.5 Enel Green Power Recent Development 11.5 Calpine 11.5.1 Calpine Company Detail 11.5.2 Calpine Business Overview 11.5.3 Calpine Geothermal Energy Introduction 11.5.4 Calpine Revenue in Geothermal Energy Business (2017-2022) 11.5.5 Calpine Recent Development 11.6 KenGen 11.6.1 KenGen Company Detail 11.6.2 KenGen Business Overview 11.6.3 KenGen Geothermal Energy Introduction 11.6.4 KenGen Revenue in Geothermal Energy Business (2017-2022) 11.6.5 KenGen Recent Development 11.7 Pertamina Geothermal Energy 11.7.1 Pertamina Geothermal Energy Company Detail 11.7.2 Pertamina Geothermal Energy Business Overview 11.7.3 Pertamina Geothermal Energy Geothermal Energy Introduction 11.7.4 Pertamina Geothermal Energy Revenue in Geothermal Energy Business (2017-2022) 11.7.5 Pertamina Geothermal Energy Recent Development 11.8 Contact Energy 11.8.1 Contact Energy Company Detail 11.8.2 Contact Energy Business Overview 11.8.3 Contact Energy Geothermal Energy Introduction 11.8.4 Contact Energy Revenue in Geothermal Energy Business (2017-2022) 11.8.5 Contact Energy Recent Development 11.9 Orkuveita Reykjavikur 11.9.1 Orkuveita Reykjavikur Company Detail 11.9.2 Orkuveita Reykjavikur Business Overview 11.9.3 Orkuveita Reykjavikur Geothermal Energy Introduction 11.9.4 Orkuveita Reykjavikur Revenue in Geothermal Energy Business (2017-2022) 11.9.5 Orkuveita Reykjavikur Recent Development 11.10 Star Energy Ltd 11.10.1 Star Energy Ltd Company Detail 11.10.2 Star Energy Ltd Business Overview 11.10.3 Star Energy Ltd Geothermal Energy Introduction 11.10.4 Star Energy Ltd Revenue in Geothermal Energy Business (2017-2022) 11.10.5 Star Energy Ltd Recent Development 11.11 Berkshire Hathaway Energy 11.11.1 Berkshire Hathaway Energy Company Detail 11.11.2 Berkshire Hathaway Energy Business Overview 11.11.3 Berkshire Hathaway Energy Geothermal Energy Introduction 11.11.4 Berkshire Hathaway Energy Revenue in Geothermal Energy Business (2017-2022) 11.11.5 Berkshire Hathaway Energy Recent Development 11.12 Northern California Power Agency 11.12.1 Northern California Power Agency Company Detail 11.12.2 Northern California Power Agency Business Overview 11.12.3 Northern California Power Agency Geothermal Energy Introduction 11.12.4 Northern California Power Agency Revenue in Geothermal Energy Business (2017-2022) 11.12.5 Northern California Power Agency Recent Development 11.13 HS Orka 11.13.1 HS Orka Company Detail 11.13.2 HS Orka Business Overview 11.13.3 HS Orka Geothermal Energy Introduction 11.13.4 HS Orka Revenue in Geothermal Energy Business (2017-2022) 11.13.5 HS Orka Recent Development 11.14 Cyrq Energy 11.14.1 Cyrq Energy Company Detail 11.14.2 Cyrq Energy Business Overview 11.14.3 Cyrq Energy Geothermal Energy Introduction 11.14.4 Cyrq Energy Revenue in Geothermal Energy Business (2017-2022) 11.14.5 Cyrq Energy Recent Development 13 Report Conclusion 14 Disclaimer