Global Geothermal Power Generation Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031

Publication ID:

PB504262367

Publication Date:

April 25, 2025

Pages:

Publisher:

MRRPB5

Countries:

Global [1]

USD 4,250.00

Electricity [2]

Energy & Utilities [3]

Description:

The global Geothermal Power Generation market size was US$ 28510 million in 2024 and is forecast to a readjusted size of US$ 44610 million by 2031 with a CAGR of 6.7% during the forecast period 2025-2031.
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. In this report, the use of geothermal energy for power generation purposes are mainly analyzed. In addition, the direct uses of geothermal energy are also introduced in chapter 6.
Global core geothermal power generation manufacturers include Energy Development, Comisi贸n Federal de Electricidad etc.The top 3 companies hold a share about 20%.Asia Pacific is the largest market, with a share about 36%, followed by North America and Europe with the share about 30% and 12%.
The global Geothermal Power Generation market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
Energy Development
Comisi贸n Federal de Electricidad
Ormat
Enel Green Power
Calpine
KenGen
Pertamina Geothermal Energy
Contact Energy
Orkuveita Reykjavikur
Star Energy Ltd
Berkshire Hathaway Energy
Northern California Power Agency
HS Orka
Cyrq Energy
By Type: (Dominant Segment vs High-Margin Innovation)
Dry Steam Stations
Flash Steam Power Stations
Binary Cycle Stations
By Application: (Core Demand Driver vs Emerging Opportunity)
Residential
Industrial
Others
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., Energy Development in Europe)
- Emerging Product Trends: Dry Steam Stations adoption vs. Flash Steam Power Stations premiumization
- Demand-Side Dynamics: Residential growth in China vs. Industrial potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
North America
Europe
Southeast Asia
Mexico
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Geothermal Power Generation market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis 鈥� Uncovering blue ocean markets (e.g., Flash Steam Power Stations in China).
Chapter 5: Application-based segmentation analysis 鈥� High-growth downstream opportunities (e.g., Industrial in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles 鈥� Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics 鈥� Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Geothermal Power Generation value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Market Overview
1.1 Geothermal Power Generation Product Scope
1.2 Geothermal Power Generation by Type
1.2.1 Global Geothermal Power Generation Sales by Type (2020 & 2024 & 2031)
1.2.2 Dry Steam Stations
1.2.3 Flash Steam Power Stations
1.2.4 Binary Cycle Stations
1.3 Geothermal Power Generation by Application
1.3.1 Global Geothermal Power Generation Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Residential
1.3.3 Industrial
1.3.4 Others
1.4 Global Geothermal Power Generation Market Estimates and Forecasts (2020-2031)
1.4.1 Global Geothermal Power Generation Market Size in Value Growth Rate (2020-2031)
1.4.2 Global Geothermal Power Generation Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global Geothermal Power Generation Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global Geothermal Power Generation Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global Geothermal Power Generation Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global Geothermal Power Generation Sales Market Share by Region (2020-2025)
2.2.2 Global Geothermal Power Generation Revenue Market Share by Region (2020-2025)
2.3 Global Geothermal Power Generation Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global Geothermal Power Generation Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global Geothermal Power Generation Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America Geothermal Power Generation Market Size and Prospective (2020-2031)
2.4.2 Europe Geothermal Power Generation Market Size and Prospective (2020-2031)
2.4.3 Southeast Asia Geothermal Power Generation Market Size and Prospective (2020-2031)
2.4.4 Mexico Geothermal Power Generation Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global Geothermal Power Generation Historic Market Review by Type (2020-2025)
3.1.1 Global Geothermal Power Generation Sales by Type (2020-2025)
3.1.2 Global Geothermal Power Generation Revenue by Type (2020-2025)
3.1.3 Global Geothermal Power Generation Price by Type (2020-2025)
3.2 Global Geothermal Power Generation Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global Geothermal Power Generation Sales Forecast by Type (2026-2031)
3.2.2 Global Geothermal Power Generation Revenue Forecast by Type (2026-2031)
3.2.3 Global Geothermal Power Generation Price Forecast by Type (2026-2031)
3.3 Different Types Geothermal Power Generation Representative Players
4 Global Market Size by Application
4.1 Global Geothermal Power Generation Historic Market Review by Application (2020-2025)
4.1.1 Global Geothermal Power Generation Sales by Application (2020-2025)
4.1.2 Global Geothermal Power Generation Revenue by Application (2020-2025)
4.1.3 Global Geothermal Power Generation Price by Application (2020-2025)
4.2 Global Geothermal Power Generation Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global Geothermal Power Generation Sales Forecast by Application (2026-2031)
4.2.2 Global Geothermal Power Generation Revenue Forecast by Application (2026-2031)
4.2.3 Global Geothermal Power Generation Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in Geothermal Power Generation Application
5 Competition Landscape by Players
5.1 Global Geothermal Power Generation Sales by Players (2020-2025)
5.2 Global Top Geothermal Power Generation Players by Revenue (2020-2025)
5.3 Global Geothermal Power Generation Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Geothermal Power Generation as of 2024)
5.4 Global Geothermal Power Generation Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of Geothermal Power Generation, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Geothermal Power Generation, Product Type & Application
5.7 Global Key Manufacturers of Geothermal Power Generation, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America Geothermal Power Generation Sales by Company
6.1.1.1 North America Geothermal Power Generation Sales by Company (2020-2025)
6.1.1.2 North America Geothermal Power Generation Revenue by Company (2020-2025)
6.1.2 North America Geothermal Power Generation Sales Breakdown by Type (2020-2025)
6.1.3 North America Geothermal Power Generation Sales Breakdown by Application (2020-2025)
6.1.4 North America Geothermal Power Generation Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe Geothermal Power Generation Sales by Company
6.2.1.1 Europe Geothermal Power Generation Sales by Company (2020-2025)
6.2.1.2 Europe Geothermal Power Generation Revenue by Company (2020-2025)
6.2.2 Europe Geothermal Power Generation Sales Breakdown by Type (2020-2025)
6.2.3 Europe Geothermal Power Generation Sales Breakdown by Application (2020-2025)
6.2.4 Europe Geothermal Power Generation Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 Southeast Asia Market: Players, Segments, Downstream and Major Customers
6.3.1 Southeast Asia Geothermal Power Generation Sales by Company
6.3.1.1 Southeast Asia Geothermal Power Generation Sales by Company (2020-2025)
6.3.1.2 Southeast Asia Geothermal Power Generation Revenue by Company (2020-2025)
6.3.2 Southeast Asia Geothermal Power Generation Sales Breakdown by Type (2020-2025)
6.3.3 Southeast Asia Geothermal Power Generation Sales Breakdown by Application (2020-2025)
6.3.4 Southeast Asia Geothermal Power Generation Major Customer
6.3.5 Southeast Asia Market Trend and Opportunities
6.4 Mexico Market: Players, Segments, Downstream and Major Customers
6.4.1 Mexico Geothermal Power Generation Sales by Company
6.4.1.1 Mexico Geothermal Power Generation Sales by Company (2020-2025)
6.4.1.2 Mexico Geothermal Power Generation Revenue by Company (2020-2025)
6.4.2 Mexico Geothermal Power Generation Sales Breakdown by Type (2020-2025)
6.4.3 Mexico Geothermal Power Generation Sales Breakdown by Application (2020-2025)
6.4.4 Mexico Geothermal Power Generation Major Customer
6.4.5 Mexico Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 Energy Development
7.1.1 Energy Development Company Information
7.1.2 Energy Development Business Overview
7.1.3 Energy Development Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
7.1.4 Energy Development Geothermal Power Generation Products Offered
7.1.5 Energy Development Recent Development
7.2 Comisi贸n Federal de Electricidad
7.2.1 Comisi贸n Federal de Electricidad Company Information
7.2.2 Comisi贸n Federal de Electricidad Business Overview
7.2.3 Comisi贸n Federal de Electricidad Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
7.2.4 Comisi贸n Federal de Electricidad Geothermal Power Generation Products Offered
7.2.5 Comisi贸n Federal de Electricidad Recent Development
7.3 Ormat
7.3.1 Ormat Company Information
7.3.2 Ormat Business Overview
7.3.3 Ormat Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Ormat Geothermal Power Generation Products Offered
7.3.5 Ormat Recent Development
7.4 Enel Green Power
7.4.1 Enel Green Power Company Information
7.4.2 Enel Green Power Business Overview
7.4.3 Enel Green Power Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Enel Green Power Geothermal Power Generation Products Offered
7.4.5 Enel Green Power Recent Development
7.5 Calpine
7.5.1 Calpine Company Information
7.5.2 Calpine Business Overview
7.5.3 Calpine Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Calpine Geothermal Power Generation Products Offered
7.5.5 Calpine Recent Development
7.6 KenGen
7.6.1 KenGen Company Information
7.6.2 KenGen Business Overview
7.6.3 KenGen Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
7.6.4 KenGen Geothermal Power Generation Products Offered
7.6.5 KenGen Recent Development
7.7 Pertamina Geothermal Energy
7.7.1 Pertamina Geothermal Energy Company Information
7.7.2 Pertamina Geothermal Energy Business Overview
7.7.3 Pertamina Geothermal Energy Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Pertamina Geothermal Energy Geothermal Power Generation Products Offered
7.7.5 Pertamina Geothermal Energy Recent Development
7.8 Contact Energy
7.8.1 Contact Energy Company Information
7.8.2 Contact Energy Business Overview
7.8.3 Contact Energy Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Contact Energy Geothermal Power Generation Products Offered
7.8.5 Contact Energy Recent Development
7.9 Orkuveita Reykjavikur
7.9.1 Orkuveita Reykjavikur Company Information
7.9.2 Orkuveita Reykjavikur Business Overview
7.9.3 Orkuveita Reykjavikur Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
7.9.4 Orkuveita Reykjavikur Geothermal Power Generation Products Offered
7.9.5 Orkuveita Reykjavikur Recent Development
7.10 Star Energy Ltd
7.10.1 Star Energy Ltd Company Information
7.10.2 Star Energy Ltd Business Overview
7.10.3 Star Energy Ltd Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
7.10.4 Star Energy Ltd Geothermal Power Generation Products Offered
7.10.5 Star Energy Ltd Recent Development
7.11 Berkshire Hathaway Energy
7.11.1 Berkshire Hathaway Energy Company Information
7.11.2 Berkshire Hathaway Energy Business Overview
7.11.3 Berkshire Hathaway Energy Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
7.11.4 Berkshire Hathaway Energy Geothermal Power Generation Products Offered
7.11.5 Berkshire Hathaway Energy Recent Development
7.12 Northern California Power Agency
7.12.1 Northern California Power Agency Company Information
7.12.2 Northern California Power Agency Business Overview
7.12.3 Northern California Power Agency Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
7.12.4 Northern California Power Agency Geothermal Power Generation Products Offered
7.12.5 Northern California Power Agency Recent Development
7.13 HS Orka
7.13.1 HS Orka Company Information
7.13.2 HS Orka Business Overview
7.13.3 HS Orka Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
7.13.4 HS Orka Geothermal Power Generation Products Offered
7.13.5 HS Orka Recent Development
7.14 Cyrq Energy
7.14.1 Cyrq Energy Company Information
7.14.2 Cyrq Energy Business Overview
7.14.3 Cyrq Energy Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
7.14.4 Cyrq Energy Geothermal Power Generation Products Offered
7.14.5 Cyrq Energy Recent Development
8 Geothermal Power Generation Manufacturing Cost Analysis
8.1 Geothermal Power Generation Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Geothermal Power Generation
8.4 Geothermal Power Generation Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Geothermal Power Generation Distributors List
9.3 Geothermal Power Generation Customers
10 Geothermal Power Generation Market Dynamics
10.1 Geothermal Power Generation Industry Trends
10.2 Geothermal Power Generation Market Drivers
10.3 Geothermal Power Generation Market Challenges
10.4 Geothermal Power Generation Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer

Companies Mentioned:

Energy Development
Comisi贸n Federal de Electricidad
Ormat
Enel Green Power
Calpine
KenGen
Pertamina Geothermal Energy
Contact Energy
Orkuveita Reykjavikur
Star Energy Ltd
Berkshire Hathaway Energy
Northern California Power Agency
HS Orka
Cyrq Energy

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