Geothermal Energy Market

- Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025

  • Date July 2017
  • price $3619
 
 

Geothermal energy is the energy generated from the heat of the earths crust. The energy is generated through various processes such as decay of radioactive elements and friction. The heat energy generated through the above-mentioned process is brought to the earths surface directly from hot springs or through geothermal energy pumps. Geothermal energy pumps can take advantage of this asset to warm and cool structures.

A geothermal energy pump framework comprises a warmth pump, an air conveyance framework (ventilation work), and an energy exchanger-an arrangement of funnels covered in the shallow ground close to a building. In the winter, the heat pump expels warmth from the heat exchanger and pumps it into the indoor air conveyance framework. In late spring, the procedure is turns and the heat pump moves warm indoor air into the heat exchanger. The heat expelled from the indoor air amid the late spring can likewise be utilized to give a free wellspring of boiling water.

Geothermal energy is used for both direct and indirect uses. Direct uses include heating water at fish farms, providing heat to industrial process, and raising plants in greenhouses. Electricity generation is the major indirect use of geothermal energy.

The growing electricity demand from remote locations associated with rapid industrialization across emerging countries is the major driving factor for the global geothermal energy market. Rising energy security concerns due to speedy fossil fuel exhaustion boots the geothermal energy market.

The market is segmented based on technology and geography. Based on technology, the market is classified into single flash, binary, double flash, triple flash, back pressure, and dry. The binary segment is projected to witness significant growth because of its cost-effective conversion features. Moreover, it vast usage in numerous applications across low temperature regions boost the market. The geographic breakdown and deep analysis of each of the previously mentioned segments have been covered for North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

  • Government regulations regarding greenhouse gas emissions
  • Increased electricity demand from emerging economies
  • Energy concerns owing to fossil fuel depletion

Restraints:

  • Requirement of heavy capital investments
  • Long lead time

Market Players:

The top players in the global geothermal energy market are Ormat, Calpine, Terra Gen, Enel Green Power, Mitsubishi heavy industry, Reykjavik geothermal, Toshiba, Haliburton, Fuji Electric, Chevron, Ansaldo Energia, Exergy, Turboden, U.S. Geothermal, General Electric, U.S. Geothermal, and TAS Energy.

KEY TAKEAWAYS

MARKET LANDSCAPE

By Technology

  • Binary
  • Single Flash
  • Double Flash
  • Triple Flash
  • Dry
  • Back Pressure

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Turkey
    • Iceland
    • Italy
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • China
    • Philippines
    • Indonesia
    • New Zealand
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Costa Rica
    • Kenya
    • Ethiopia
    • Rest of LAMEA
1. Executive Summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and Recent Industry Development Analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market Landscape
3.1. Growth Drivers
3.1.1. Impact analysis
3.2. Restrains and Challenges
3.2.1. Impact analysis
3.3. Porters Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Geothermal Energy Market Shares Analysis, 20142025
3.4.1. Global Geothermal Energy market share by technology, 20142025
3.4.2. Global Geothermal Energy market share by geography, 20142025
4. Market by Technology
4.1. Binary
4.1.1. Historical market size by Region, 20142016
4.1.2. Market forecast by Region, 20172025
4.2. Single Flash
4.2.1. Historical market size by Region, 20142016
4.2.2. Market forecast by Region, 20172025
4.3. Double Flash
4.3.1. Historical market size by Region, 20142016
4.3.2. Market forecast by Region, 20172025
4.4. Triple Flash
4.4.1. Historical market size by Region, 20142016
4.4.2. Market forecast by Region, 20172025
4.5. Dry
4.5.1. Historical market size by Region, 20142016
4.5.2. Market forecast by Region, 20172025
4.6. Back Pressure
4.6.1. Historical market size by Region, 20142016
4.6.2. Market forecast by Region, 20172025
5. Market by Geography
5.1. North America
5.1.1. U.S.
5.1.1.1. Historical market size, 20142016
5.1.1.2. Market forecast, 20172025
5.1.2. Canada
5.1.2.1. Historical market size, 20142016
5.1.2.2. Market forecast, 20172025
5.1.3. Mexico
5.1.3.1. Historical market size, 20142016
5.1.3.2. Market forecast, 20172025
5.2. Europe
5.2.1. Turkey
5.2.1.1. Historical market size, 20142016
5.2.1.2. Market forecast, 20172025
5.2.2. Iceland
5.2.2.1. Historical market size, 20142016
5.2.2.2. Market forecast, 20172025
5.2.3. Italy
5.2.3.1. Historical market size, 20142016
5.2.3.2. Market forecast, 20172025
5.2.4. Germany
5.2.4.1. Historical market size, 20142016
5.2.4.2. Market forecast, 20172025
5.2.5. Rest of Europe
5.2.5.1. Historical market size, 20142016
5.2.5.2. Market forecast, 20172025
5.3. Asia-Pacific
5.3.1. China
5.3.1.1. Historical market size, 20142016
5.3.1.2. Market forecast, 20172025
5.3.2. Philippines
5.3.2.1. Historical market size, 20142016
5.3.2.2. Market forecast, 20172025
5.3.3. Indonesia
5.3.3.1. Historical market size, 20142016
5.3.3.2. Market forecast, 20172025
5.3.4. New Zealand
5.3.4.1. Historical market size, 20142016
5.3.4.2. Market forecast, 20172025
5.3.5. Japan
5.3.5.1. Historical market size, 20142016
5.3.5.2. Market forecast, 20172025
5.3.6. Rest of Asia-Pacific
5.3.6.1. Historical market size, 20142016
5.3.6.2. Market forecast, 20172025
5.4. LAMEA
5.4.1. Costa Rica
5.4.1.1. Historical market size, 20142016
5.4.1.2. Market forecast, 20172025
5.4.2. Kenya
5.4.2.1. Historical market size, 20142016
5.4.2.2. Market forecast, 20172025
5.4.3. Ethiopia
5.4.3.1. Historical market size, 20142016
5.4.3.2. Market forecast, 20172025
5.4.4. Rest of LAMEA
5.4.4.1. Historical market size, 20142016
5.4.4.2. Market forecast, 20172025
6. Company Profiles
6.1. Ormat
6.1.1. Overview
6.1.2. Financials and business segments
6.1.3. Recent developments
6.2. Calpine
6.2.1. Overview
6.2.2. Financials and business segments
6.2.3. Recent developments
6.3. Terra Gen
6.3.1. Overview
6.3.2. Financials and business segments
6.3.3. Recent developments
6.4. Enel Green Power
6.4.1. Overview
6.4.2. Financials and business segments
6.4.3. Recent developments
6.5. Mitsubishi Heavy Industry
6.5.1. Overview
6.5.2. Financials and business segments
6.5.3. Recent developments
6.6. Reykjavik geothermal
6.6.1. Overview
6.6.2. Financials and business segments
6.6.3. Recent developments
6.7. Haliburton
6.7.1. Overview
6.7.2. Financials and business segments
6.7.3. Recent developments
6.8. General Electric
6.8.1. Overview
6.8.2. Financials and business segments
6.8.3. Recent developments
6.9. U.S. Geothermal
6.9.1. Overview
6.9.2. Financials and business segments
6.9.3. Recent developments
6.10. TAS Energy
6.10.1. Overview
6.10.2. Financials and business segments
6.10.3. Recent developments

List of Tables
Table 1. Geothermal Energy Market Value, by Technology, 2014-2025, $million
Table 2. Binary Geothermal Energy Market Value, by Region, 2017-2025, $million
Table 3. Single Flash Geothermal Energy Market Value, by Region, 2017-2025, $million
Table 4. Double Flash Geothermal Energy Market Value, by Region, 2017-2025, $million
Table 5. Triple Flash Geothermal Energy Market Value, by Region, 2017-2025, $million
Table 6. Dry Geothermal Energy Market Value, by Region, 2017-2025, $million
Table 7. Back Pressure Geothermal Energy Market Value, by Region, 2017-2025, $million
Table 8. Geothermal Energy Market Value for North America, by Country, 2014-2025, $million
Table 9. Geothermal Energy Market Value for North America, by Technology, 2014-2025, $million
Table 10. Geothermal Energy Market Value for Europe, by Country, 2014-2025, $million
Table 11. Geothermal Energy Market Value for Europe, by Technology, 2014-2025, $million
Table 12. Geothermal Energy Market Value for Asia-Pacific, by Country, 2014-2025, $million
Table 13. Geothermal Energy Market Value for Asia-Pacific, by Technology, 2014-2025, $million
Table 14. Geothermal Energy Market Value for LAMEA, by Country, 2014-2025, $million
Table 15. Geothermal Energy Market Value for LAMEA, by Technology, 2014-2025, $million
Table 16. Ormat - Company Snapshot
Table 17. Calpine - Company Snapshot
Table 18. Terra Gen - Company Snapshot
Table 19. Enel Green Power - Company Snapshot
Table 20. Mitsubishi Heavy Industry - Company Snapshot
Table 21. Reykjavik geothermal - Company Snapshot
Table 22. Haliburton - Company Snapshot
Table 23. General Electric - Company Snapshot
Table 24. U.S. Geothermal - Company Snapshot
Table 25. TAS Energy - Company Snapshot

List of Figures
Figure 1. Binary Geothermal Energy Market Value, 2014-2016, $million
Figure 2. Single Flash Geothermal Energy Market Value, 2014-2016, $million
Figure 3. Double Flash Geothermal Energy Market Value, 2014-2016, $million
Figure 4. Triple Flash Geothermal Energy Market Value, 2014-2016, $million
Figure 5. Dry Geothermal Energy Market Value, 2014-2016, $million
Figure 6. Back Pressure Geothermal Energy Market Value, 2014-2016, $million
Figure 7. Geothermal Energy: U.S. Market Value, 2014-2016, $million
Figure 8. Geothermal Energy: U.S. Market Value, 2017-2025, $million
Figure 9. Geothermal Energy: Canada Market Value, 2014-2016, $million
Figure 10. Geothermal Energy: Canada Market Value, 2017-2025, $million
Figure 11. Geothermal Energy: Mexico Market Value, 2014-2016, $million
Figure 12. Geothermal Energy: Mexico Market Value, 2017-2025, $million
Figure 13. Geothermal Energy: Turkey Market Value, 2014-2016, $million
Figure 14. Geothermal Energy: Turkey Market Value, 2017-2025, $million
Figure 15. Geothermal Energy: Iceland Market Value, 2014-2016, $million
Figure 16. Geothermal Energy: Iceland Market Value, 2017-2025, $million
Figure 17. Geothermal Energy: Germany Market Value, 2014-2016, $million
Figure 18. Geothermal Energy: Germany Market Value, 2017-2025, $million
Figure 19. Geothermal Energy: Italy Market Value, 2014-2016, $million
Figure 20. Geothermal Energy: Italy Market Value, 2017-2025, $million
Figure 21. Geothermal Energy: Rest of Europe Market Value, 2014-2016, $million
Figure 22. Geothermal Energy: Rest of Europe Market Value, 2017-2025, $million
Figure 23. Geothermal Energy: China Market Value, 2014-2016, $million
Figure 24. Geothermal Energy: China Market Value, 2017-2025, $million
Figure 25. Geothermal Energy: Philippines Market Value, 2014-2016, $million
Figure 26. Geothermal Energy: Philippines Market Value, 2017-2025, $million
Figure 27. Geothermal Energy: Indonesia Market Value, 2014-2016, $million
Figure 28. Geothermal Energy: Indonesia Market Value, 2017-2025, $million
Figure 29. Geothermal Energy: New Zealand Market Value, 2014-2016, $million
Figure 30. Geothermal Energy: New Zealand Market Value, 2017-2025, $million
Figure 31. Geothermal Energy: Japan Market Value, 2014-2016, $million
Figure 32. Geothermal Energy: Japan Market Value, 2017-2025, $million
Figure 33. Geothermal Energy: Rest of Asia-Pacific Market Value, 2014-2016, $million
Figure 34. Geothermal Energy: Rest of Asia-Pacific Market Value, 2017-2025, $million
Figure 35. Geothermal Energy: Costa Rica Market Value, 2014-2016, $million
Figure 36. Geothermal Energy: Costa Rica Market Value, 2017-2025, $million
Figure 37. Geothermal Energy: Kenya Market Value, 2014-2016, $million
Figure 38. Geothermal Energy: Kenya Market Value, 2017-2025, $million
Figure 39. Geothermal Energy: Ethiopia Market Value, 2014-2016, $million
Figure 40. Geothermal Energy: Ethiopia Market Value, 2017-2025, $million
Figure 41. Geothermal Energy: Rest of LAMEA Market Value, 2014-2016, $million
Figure 42. Geothermal Energy: Rest of LAMEA Market Value, 2017-2025, $millio
License Type
Single User PDF
Enterprise Online /PDF
Price
User / Sharing
Restricted to one authorized user
Unlimited within company / enterprise
Printing
One Print only
Unlimited within company / enterprise
Delivery Formats
ADDED BENIFITS

20% Free customization (Pre-sale)

16 Analyst hour support (Post Sale)

40 Analyst hour support (Post Sale)

160 hours of mini-consult

Free quarterly industry update

Free report on update (within 180 days)

MULTIPLE PURCHASE

Complimentary report with 2 reports

Complimentary report with 3 reports

Subscription Model

 
 

Are You?

  • Startup
  • Student or University
  • Research Scholar
  • Government Agencies
  • Non-profit Organization
  • NGO / Self Help Group
  • First Time Buyer

Get Discount     btn-arrow

Please Select Format

Need More Information

Why Progressive Markets

The market research services provided by Progressive Markets are restricted to publications, which may also include insignificant market data. The services are for the internal use of customers only and they do not have any rights to utilize this data for general publications or/and disclosure to third parties. As data is gathered through research activities such as online surveys and interviews with industry experts, it may have variations and fluctuation due to constantly changing market conditions. Thus, Progressive Markets holds no responsibility for misleading or false information gathered from these sources.

Progressive Markets understands and respects the privacy of persona

Recently Viewed Reports

Similar Market Research Report

blog
Aug
2017
Global Silver Market

The global silver consumption accounted for 37,704 tons in 2016 and expected to reach 49,860 tons by 2022, growing at a CAGR of 4.6% from 2017 to 2022. Silver is ... Read More >>

 

Get Email Alert