
A geothermal generator is a power generation system that harnesses heat from the Earth's internal thermal energy to produce electricity. It typically utilizes geothermal reservoirs, which are areas where hot water or steam is naturally present underground. The generator extracts this heat through wells or boreholes and uses it to generate steam, which drives turbines connected to electrical generators. Geothermal generators can operate using either steam or binary cycle technology, where a heat exchanger transfers heat from geothermal fluid to a secondary fluid with a lower boiling point, such as isobutane or pentane, which then drives a turbine. Geothermal power generation is considered a renewable energy source with low greenhouse gas emissions and provides a stable and reliable source of electricity, particularly in regions with high geothermal potential.
The global Geothermal Generator market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
The “Geothermal Generator Industry Forecast” looks at past sales and reviews total world Geothermal Generator sales in 2022, providing a comprehensive analysis by region and market sector of projected Geothermal Generator sales for 2023 through 2029. With Geothermal Generator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Geothermal Generator industry.
This Insight Report provides a comprehensive analysis of the global Geothermal Generator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Geothermal Generator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Geothermal Generator market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Geothermal Generator and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Geothermal Generator.
United States market for Geothermal Generator is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Geothermal Generator is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Geothermal Generator is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Geothermal Generator players cover Toshiba, Ormat Technologies, Mitsubishi Power, Fuji Electric, ABB, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Geothermal Generator market by product type, application, key players and key regions and countries.
Segmentation by Type:
Flash System
Binary Cycle System
Dry Steam System
Segmentation by Application:
Hydrothermal Geothermal Energy
Dry Hot Rock Geothermal Energy
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Flash System
Binary Cycle System
Dry Steam System
Segmentation by Application:
Hydrothermal Geothermal Energy
Dry Hot Rock Geothermal Energy
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Toshiba
Ormat Technologies
Mitsubishi Power
Fuji Electric
ABB
GE
Enel Green Power
Climeon
Turboatom
Ansaldo Energia
Kawasaki Heavy Industries
Taiyo Electric
Harbin Electric
DongFang Electric
Kaishan Holding
Fervo Energy
AltaRock Energy
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Geothermal Generator Market Size 2019-2030
2.1.2 Geothermal Generator Market Size CAGR by Region (2019 VS 2023 VS 2030)
2.1.3 World Current & Future Analysis for Geothermal Generator by Country/Region, 2019, 2023 & 2030
2.2 Geothermal Generator Segment by Type
2.2.1 Flash System
2.2.2 Binary Cycle System
2.2.3 Dry Steam System
2.3 Geothermal Generator Market Size by Type
2.3.1 Geothermal Generator Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Geothermal Generator Market Size Market Share by Type (2019-2024)
2.4 Geothermal Generator Segment by Application
2.4.1 Hydrothermal Geothermal Energy
2.4.2 Dry Hot Rock Geothermal Energy
2.5 Geothermal Generator Market Size by Application
2.5.1 Geothermal Generator Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Geothermal Generator Market Size Market Share by Application (2019-2024)
3 Geothermal Generator Market Size by Player
3.1 Geothermal Generator Market Size Market Share by Player
3.1.1 Global Geothermal Generator Revenue by Player (2019-2024)
3.1.2 Global Geothermal Generator Revenue Market Share by Player (2019-2024)
3.2 Global Geothermal Generator Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Geothermal Generator by Region
4.1 Geothermal Generator Market Size by Region (2019-2024)
4.2 Global Geothermal Generator Annual Revenue by Country/Region (2019-2024)
4.3 Americas Geothermal Generator Market Size Growth (2019-2024)
4.4 APAC Geothermal Generator Market Size Growth (2019-2024)
4.5 Europe Geothermal Generator Market Size Growth (2019-2024)
4.6 Middle East & Africa Geothermal Generator Market Size Growth (2019-2024)
5 Americas
5.1 Americas Geothermal Generator Market Size by Country (2019-2024)
5.2 Americas Geothermal Generator Market Size by Type (2019-2024)
5.3 Americas Geothermal Generator Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Geothermal Generator Market Size by Region (2019-2024)
6.2 APAC Geothermal Generator Market Size by Type (2019-2024)
6.3 APAC Geothermal Generator Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Geothermal Generator Market Size by Country (2019-2024)
7.2 Europe Geothermal Generator Market Size by Type (2019-2024)
7.3 Europe Geothermal Generator Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Geothermal Generator by Region (2019-2024)
8.2 Middle East & Africa Geothermal Generator Market Size by Type (2019-2024)
8.3 Middle East & Africa Geothermal Generator Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Geothermal Generator Market Forecast
10.1 Global Geothermal Generator Forecast by Region (2025-2030)
10.1.1 Global Geothermal Generator Forecast by Region (2025-2030)
10.1.2 Americas Geothermal Generator Forecast
10.1.3 APAC Geothermal Generator Forecast
10.1.4 Europe Geothermal Generator Forecast
10.1.5 Middle East & Africa Geothermal Generator Forecast
10.2 Americas Geothermal Generator Forecast by Country (2025-2030)
10.2.1 United States Market Geothermal Generator Forecast
10.2.2 Canada Market Geothermal Generator Forecast
10.2.3 Mexico Market Geothermal Generator Forecast
10.2.4 Brazil Market Geothermal Generator Forecast
10.3 APAC Geothermal Generator Forecast by Region (2025-2030)
10.3.1 China Geothermal Generator Market Forecast
10.3.2 Japan Market Geothermal Generator Forecast
10.3.3 Korea Market Geothermal Generator Forecast
10.3.4 Southeast Asia Market Geothermal Generator Forecast
10.3.5 India Market Geothermal Generator Forecast
10.3.6 Australia Market Geothermal Generator Forecast
10.4 Europe Geothermal Generator Forecast by Country (2025-2030)
10.4.1 Germany Market Geothermal Generator Forecast
10.4.2 France Market Geothermal Generator Forecast
10.4.3 UK Market Geothermal Generator Forecast
10.4.4 Italy Market Geothermal Generator Forecast
10.4.5 Russia Market Geothermal Generator Forecast
10.5 Middle East & Africa Geothermal Generator Forecast by Region (2025-2030)
10.5.1 Egypt Market Geothermal Generator Forecast
10.5.2 South Africa Market Geothermal Generator Forecast
10.5.3 Israel Market Geothermal Generator Forecast
10.5.4 Turkey Market Geothermal Generator Forecast
10.6 Global Geothermal Generator Forecast by Type (2025-2030)
10.7 Global Geothermal Generator Forecast by Application (2025-2030)
10.7.1 GCC Countries Market Geothermal Generator Forecast
11 Key Players Analysis
11.1 Toshiba
11.1.1 Toshiba Company Information
11.1.2 Toshiba Geothermal Generator Product Offered
11.1.3 Toshiba Geothermal Generator Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Toshiba Main Business Overview
11.1.5 Toshiba Latest Developments
11.2 Ormat Technologies
11.2.1 Ormat Technologies Company Information
11.2.2 Ormat Technologies Geothermal Generator Product Offered
11.2.3 Ormat Technologies Geothermal Generator Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Ormat Technologies Main Business Overview
11.2.5 Ormat Technologies Latest Developments
11.3 Mitsubishi Power
11.3.1 Mitsubishi Power Company Information
11.3.2 Mitsubishi Power Geothermal Generator Product Offered
11.3.3 Mitsubishi Power Geothermal Generator Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Mitsubishi Power Main Business Overview
11.3.5 Mitsubishi Power Latest Developments
11.4 Fuji Electric
11.4.1 Fuji Electric Company Information
11.4.2 Fuji Electric Geothermal Generator Product Offered
11.4.3 Fuji Electric Geothermal Generator Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Fuji Electric Main Business Overview
11.4.5 Fuji Electric Latest Developments
11.5 ABB
11.5.1 ABB Company Information
11.5.2 ABB Geothermal Generator Product Offered
11.5.3 ABB Geothermal Generator Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 ABB Main Business Overview
11.5.5 ABB Latest Developments
11.6 GE
11.6.1 GE Company Information
11.6.2 GE Geothermal Generator Product Offered
11.6.3 GE Geothermal Generator Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 GE Main Business Overview
11.6.5 GE Latest Developments
11.7 Enel Green Power
11.7.1 Enel Green Power Company Information
11.7.2 Enel Green Power Geothermal Generator Product Offered
11.7.3 Enel Green Power Geothermal Generator Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Enel Green Power Main Business Overview
11.7.5 Enel Green Power Latest Developments
11.8 Climeon
11.8.1 Climeon Company Information
11.8.2 Climeon Geothermal Generator Product Offered
11.8.3 Climeon Geothermal Generator Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Climeon Main Business Overview
11.8.5 Climeon Latest Developments
11.9 Turboatom
11.9.1 Turboatom Company Information
11.9.2 Turboatom Geothermal Generator Product Offered
11.9.3 Turboatom Geothermal Generator Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Turboatom Main Business Overview
11.9.5 Turboatom Latest Developments
11.10 Ansaldo Energia
11.10.1 Ansaldo Energia Company Information
11.10.2 Ansaldo Energia Geothermal Generator Product Offered
11.10.3 Ansaldo Energia Geothermal Generator Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Ansaldo Energia Main Business Overview
11.10.5 Ansaldo Energia Latest Developments
11.11 Kawasaki Heavy Industries
11.11.1 Kawasaki Heavy Industries Company Information
11.11.2 Kawasaki Heavy Industries Geothermal Generator Product Offered
11.11.3 Kawasaki Heavy Industries Geothermal Generator Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Kawasaki Heavy Industries Main Business Overview
11.11.5 Kawasaki Heavy Industries Latest Developments
11.12 Taiyo Electric
11.12.1 Taiyo Electric Company Information
11.12.2 Taiyo Electric Geothermal Generator Product Offered
11.12.3 Taiyo Electric Geothermal Generator Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Taiyo Electric Main Business Overview
11.12.5 Taiyo Electric Latest Developments
11.13 Harbin Electric
11.13.1 Harbin Electric Company Information
11.13.2 Harbin Electric Geothermal Generator Product Offered
11.13.3 Harbin Electric Geothermal Generator Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 Harbin Electric Main Business Overview
11.13.5 Harbin Electric Latest Developments
11.14 DongFang Electric
11.14.1 DongFang Electric Company Information
11.14.2 DongFang Electric Geothermal Generator Product Offered
11.14.3 DongFang Electric Geothermal Generator Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 DongFang Electric Main Business Overview
11.14.5 DongFang Electric Latest Developments
11.15 Kaishan Holding
11.15.1 Kaishan Holding Company Information
11.15.2 Kaishan Holding Geothermal Generator Product Offered
11.15.3 Kaishan Holding Geothermal Generator Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 Kaishan Holding Main Business Overview
11.15.5 Kaishan Holding Latest Developments
11.16 Fervo Energy
11.16.1 Fervo Energy Company Information
11.16.2 Fervo Energy Geothermal Generator Product Offered
11.16.3 Fervo Energy Geothermal Generator Revenue, Gross Margin and Market Share (2019-2024)
11.16.4 Fervo Energy Main Business Overview
11.16.5 Fervo Energy Latest Developments
11.17 AltaRock Energy
11.17.1 AltaRock Energy Company Information
11.17.2 AltaRock Energy Geothermal Generator Product Offered
11.17.3 AltaRock Energy Geothermal Generator Revenue, Gross Margin and Market Share (2019-2024)
11.17.4 AltaRock Energy Main Business Overview
11.17.5 AltaRock Energy Latest Developments
12 Research Findings and Conclusion
*If Applicable.
