Geothermal Energy Market Trends Analysis, Top Manufacturers, Shares, Growth Opportunities, Statistics & Forecast to 2024
Category: #business  By Partha Ray  Date: 2019-10-23
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Geothermal Energy Market Trends Analysis, Top Manufacturers, Shares, Growth Opportunities, Statistics & Forecast to 2024

The Geothermal Energy Market research report Added by Global Market Insights, LLC, offers a comprehensive study on the current industry trends. The report also offers a detailed abstract of the statistics, market valuation, and revenue forecast, which in addition underlines the status of the competitive spectrum and expansion strategies adopted by major industry players.

With the extensive global attempts to eliminate hazardous fuel emissions, geothermal energy market is on its way to establish itself as one of the most dynamically evolving energy markets of recent times. Geothermal energy, virtually considered the underdog among renewable energies, had been slightly lagging in development compared to the other forms of renewable energy, for a long time.

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Geothermal energy basically entails harnessing heat from the earth’s crust – from shallow backyards to deep wells. Having gradually established its place in the global energy landscape, geothermal energy industry size, say experts, will escalate remarkably over the span of the next few years. Scientists affirm that harnessing geothermal energy for power production could contribute heavily toward safeguarding the environment from carbon emissions. Statistics depicting the vast penetration of geothermal energy market are enumerated as follows:

  • In Geothermal Energy Market 2012, the U.S. National Renewable Energy Laboratory (NREL) declared that the geothermal facilities in 13 states have a capacity of 38,000 MW, which can generate 308 million MWh of power per year.
  • The year 2013 recorded a utility-scale geothermal capacity of more than 11,700 MW on a global level, which produced around 68 billion KWh, sufficient enough to fulfill the power requirement of more than 6 million U.S. homes.

Here’s a breakdown of the installed geothermal capacity across prominent regions in 2015. The capacity has a crucial role to play in the development of geothermal energy industry.

The region will depict a meteoric rise in the growth of geothermal energy market, given the numerous projects in the pipeline, a strict regulatory landscape, and the easy availability of low temperature resources. Some of the promising indicators of the regional geothermal energy industry growth are as follows:

  • As per a 2016 report by the National Renewable Energy Laboratory, geothermal installed capacity on the Salton Sea may cross 1.8 GW by 2030 – a factor that will heavily influence the regional geothermal energy market.
  • The DOE’s Berkeley National Laboratory is expected to lead a new geothermal project worth USD 9 million, to eliminate any possible issues related to the commercialization of enhanced geothermal systems (EGS), with a clean energy technology that may help to provide electricity to 100 million American homes. This initiative will suitably impel geothermal energy industry size, state scientists.

Mexico ranked in 2016, as far as geothermal installed capacity is concerned. The region boasted of a capacity of 1,017 MW, thereby making it a potential investment ground for energy companies. A stringent regulatory structure supports the growth of the regional geothermal energy market. Experts affirm that the installed geothermal capacity in Mexico may hit 1,400 MW by 2020.

Partial Table of Contents (ToC) of the Geothermal Energy Market report:

Chapter 4. Geothermal Energy Market, By Technology

4.1. Global Geothermal Energy Market share by technology, 2016 & 2024

4.2. Binary

4.2.1.   Binary market, 2013 – 2024

4.2.2.   Binary market volume by region, 2013 – 2024

4.2.3.   Binary market revenue by region, 2013 – 2024

4.3. Single Flash

4.3.1.   Single flash market, 2013 – 2024

4.3.2.   Single flash market volume by region, 2013 – 2024

4.3.3.   Single flash market revenue by region, 2013 – 2024

4.4. Double Flash

4.4.1.   Double flash mounted market, 2013 – 2024

4.4.2.   Double flash market volume by region, 2013 – 2024

4.4.3.   Double flash market revenue by region, 2013 – 2024

4.5. Triple Flash

4.5.1.   Double flash mounted market, 2013 – 2024

4.5.2.   Double flash market volume by region, 2013 – 2024

4.5.3.   Double flash market revenue by region, 2013 – 2024

4.6. Dry

4.6.1.   Dry market, 2013 – 2024

4.6.2.   Dry market volume by region, 2013 – 2024

4.6.3.   Dry market revenue by region, 2013 – 2024

4.7. Back Pressure

4.7.1.   Back Pressure mounted market, 2013 – 2024

4.7.2.   Back Pressure market volume by region, 2013 – 2024

4.7.3.   Back Pressure market revenue by region, 2013 – 2024

Chapter 5.   Geothermal Energy Market, By Region

5.1.   Global market share by region, 2016 & 2024

5.2.    North America

5.2.1.  Market estimates and forecast, 2013 – 2024

5.2.2.   Market estimates and forecast, by technology, 2013 – 2024

5.2.3.   U.S.

5.2.3.1.    Market estimates and forecast, 2013 – 2024

5.2.3.2.    Market estimates and forecast, by technology, 2013 – 2024

5.2.4.  Mexico

5.2.4.1.    Market estimates and forecast, 2013 – 2024

5.2.4.2.    Market estimates and forecast, by technology, 2013 – 2024

5.3. Europe

5.3.1.  Market estimates and forecast, 2013 – 2024

5.3.2.   Market estimates and forecast, by technology, 2013 – 2024

5.3.3.   Turkey

5.3.3.1.    Market estimates and forecast, 2013 – 2024

5.3.3.2.    Market estimates and forecast, by technology, 2013 – 2024

5.3.4.  Iceland

5.3.4.1.    Market estimates and forecast, 2013 – 2024

5.3.4.2.    Market estimates and forecast, by technology, 2013 – 2024

5.3.5.  Italy

5.3.5.1.    Market estimates and forecast, 2013 – 2024

5.3.5.2.    Market estimates and forecast, by technology, 2013 – 2024

5.3.6.  Germany

5.3.6.1.    Market estimates and forecast, 2013 – 2024

5.3.6.2.    Market estimates and forecast, by technology, 2013 – 2024

5.4. Asia Pacific

5.4.1.  Market estimates and forecast, 2013 – 2024

5.4.2.   Market estimates and forecast, by technology, 2013 – 2024

5.4.3.   China

5.4.3.1.    Market estimates and forecast, 2013 – 2024

5.4.3.2.    Market estimates and forecast, by technology, 2013 – 2024

5.4.4.  Philippines

5.4.4.1.    Market estimates and forecast, 2013 – 2024

5.4.4.2.    Market estimates and forecast, by technology, 2013 – 2024

5.4.5.  Indonesia

5.4.5.1.    Market estimates and forecast, 2013 – 2024

5.4.5.2.    Market estimates and forecast, by technology, 2013 – 2024

5.4.6.  New Zealand

5.4.6.1.    Market estimates and forecast, 2013 – 2024

5.4.6.2.    Market estimates and forecast, by technology, 2013 – 2024

5.4.7.  Japan

5.4.7.1.    Market estimates and forecast, 2013 – 2024

5.4.7.2.    Market estimates and forecast, by technology, 2013 – 2024

5.5. Latin America

5.5.1.  Market estimates and forecast, 2013 – 2024

5.5.2.   Market estimates and forecast, by technology, 2013 – 2024

5.5.3.   Costa Rica

5.5.3.1.    Market estimates and forecast, 2013 – 2024

5.5.3.2.    Market estimates and forecast, by technology, 2013 – 2024

5.5.4.  El Salvador

5.5.4.1.    Market estimates and forecast, 2013 – 2024

5.5.4.2.    Market estimates and forecast, by technology, 2013 – 2024

5.5.5.  Nicaragua

5.5.5.1.    Market estimates and forecast, 2013 – 2024

5.5.5.2.    Market estimates and forecast, by technology, 2013 – 2024

5.5.6.  Guatemala

5.5.6.1.    Market estimates and forecast, 2013 – 2024

5.5.6.2.    Market estimates and forecast, by technology, 2013 – 2024

5.6. Middle East & Africa

5.6.1.  Market estimates and forecast, 2013 – 2024

5.6.2.   Market estimates and forecast, by technology, 2013 – 2024

5.6.3.   Kenya

5.6.3.1.    Market estimates and forecast, 2013 – 2024

5.6.3.2.    Market estimates and forecast, by technology, 2013 – 2024

5.6.4.  Ethiopia

5.6.4.1.    Market estimates and forecast, 2013 – 2024

5.6.4.2.    Market estimates and forecast, by technology, 2013 – 2024

Browse complete table of content of this report @ https://www.gminsights.com/toc/detail/geothermal-energy-market

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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