Latest research report on “Geothermal Power Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Geothermal power, namely geothermal electricity, is electricity generated by geothermal energy. Technologies in use include dry steam power stations, flash steam power stations and binary cycle power stations. Geothermal electricity generation is currently used in 24 countries.
Geothermal power is considered to be a sustainable, renewable source of energy because the heat extraction is small compared with the Earth’s heat content. However, it displays features of conventional power generation methods due to high capacity factors and ability to supply base load. Low emissions and non-reliance on fossil fuels are major drivers for the industry. Strong regulatory and policy framework in numerous countries across the world would foster and sustain development in the sector in the long-term.
This report contains market size and forecasts of Geothermal Power in global, including the following market information:
Global Geothermal Power Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Geothermal Power Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Geothermal Power companies in 2021 (%)
The global Geothermal Power market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Dry Steam Stations Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Geothermal Power include Mitsubishi, Ormat, Toshiba, Fuji, Alstom and General Electric, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Geothermal Power manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Geothermal Power Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Geothermal Power Market Segment Percentages, by Type, 2021 (%)
– Dry Steam Stations
– Flash Steam Power Stations
– Binary Cycle Stations
Global Geothermal Power Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Geothermal Power Market Segment Percentages, by Application, 2021 (%)
– Dry Steam Stations
– Flash Steam Power Stations
– Binary Cycle Stations
Global Geothermal Power Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Geothermal Power Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Geothermal Power revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Geothermal Power revenues share in global market, 2021 (%)
Key companies Geothermal Power sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Geothermal Power sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Mitsubishi
– Ormat
– Toshiba
– Fuji
– Alstom
– General Electric
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