Geothermal Power Market, Rising investments and government initiatives to boost market growth – Technavio

NEW YORK, Sept. 19, 2022 /PRNewswire/ — The geothermal power market size is expected to grow by 48935.01 GW at a CAGR of 8.2% during the forecast period of 2022-2026. Technavio report is compiled on research from a mix of primary interviews and secondary research, along with analytical tools that have been used to build the forecast and predictive models.

Technavio has announced its latest market research report titled Global Geothermal Power Market 2022-2026

The report will comprise of detailed analysis of emerging market trends, regional outlook, competitive landscape, and comprehensive analysis of different market segments helping you to plan your business strategies. Grab your Free Sample Report on the Geothermal Power Market Right Away!

The geothermal power market provides a detailed analysis of market overview, market drivers, opportunities, and potential applications.

Geothermal Power Market Vendors

  • Aboitiz Power Corp.

  • Calpine Corp.

  • Cyrq Energy

  • DEEP Earth Energy Production Corp.

  • Enel Spa

  • Energy Development Corp.

  • EnergySource LLC

  • First Gen

  • Geotherm Inc.

  • Geothermal Engineering Ltd.


  • Innergex Renewable Energy Inc.

  • Kenya Electricity Generating Co. Ltd.

The geothermal power market will be affected by the rising geothermal capacity. Apart from this, other market trends include Growing technical advances in the geothermal energy industry, Presence of substantial unexplored geothermal resources. Buy Sample Report.

Geothermal Power Market Split

  • By Type

  • By Geography

The regional distribution of geothermal power market industries is considered for this market analysis, the result of which is utilized to estimate the performance of the International market over the period from 2021-2026. The geothermal power market research report shed light on the foremost regions: APAC, North America, the Middle East, Africa, Europe, and South America. Download Free Sample Report.

Imperative Insights on the following aspects:

  • What was the size of the global geothermal power industry by value?

  • What will be the size of the global geothermal power industry in 2026?

  • What factors are affecting the strength of competition in the global geothermal power industry?

  • How has the industry performed over the last five years?

  • What are the main segments that make up the global geothermal power market?

The geothermal power market research report presents critical information and factual data about the geothermal power industry, with an overall statistical study of this market based on market drivers, market limitations, and its future prospects. The widespread trends and opportunities are also taken into consideration in the geothermal power market study.

Why buy?

  • Identify growth Strategies across markets

  • Track competitor gains and losses in market share.

  • Get a Holistic View of the Market

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Geothermal Power Market Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 8.2%

Market growth 2022-2026

48935.01 GW

Market structure


YoY growth (%)


Regional analysis

APAC, North America, Middle East and Africa, Europe, and South America

Performing market contribution

APAC at 42%

Key consumer countries

US, Mexico, Turkey, Indonesia, The Philippines, and New Zealand

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Aboitiz Power Corp., Calpine Corp., Cyrq Energy, DEEP Earth Energy Production Corp., Enel Spa, Energy Development Corp., EnergySource LLC, First Gen, Geotherm Inc., Geothermal Engineering Ltd., HS ORKA, Innergex Renewable Energy Inc., Kenya Electricity Generating Co. Ltd., Kyushu Electric Power Co. Inc., NTPC Ltd., Ormat Technologies Inc., PT Pertamina Geothermal Energy, Reykjavik Geothermal, and Star Energy Geothermal

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio “Utilities” Research Reports

Table of Content:

1 Executive Summary

  • 1.1 Market overview

2 Market Landscape

  • 2.1 Market ecosystem

3 Market Sizing

  • 3.1 Market definition

  • 3.3 Market size 2021

4 Five Forces Analysis

  • 4.1 Five forces summary

  • 4.6 Threat of rivalry

  • 4.7 Market condition

5 Market Segmentation by Type

  • 5.1 Market segments

  • 5.2 Comparison by Type

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers

  • 8.2 Market challenges

  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview

  • 9.2 Vendor landscape

  • 9.3 Landscape disruption

  • 9.4 Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered

  • 10.3 Aboitiz Power Corp.

  • 10.4 Calpine Corp.

  • 10.5 Enel Spa

  • 10.7 First Gen

  • 10.9 HS ORKA

11 Appendix

  • 11.1 Scope of the report

About Us

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Global Geothermal Power Market 2022-2026


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