Companies Dominating the Enhanced Geothermal System Landscape
- AltaRock Energy, Inc
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Fuji Electric Co., Ltd
- Calpine
- Bestec GmbH
- MITSUBISHI HEAVY INDUSTRIES, LTD
- Enel SpA
- Toshiba Corporation
- Ansaldo Energia
- Energy Development Corporation
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of enhanced geothermal system is assessed at USD 2.54 billion.
The enhanced geothermal system market size was over USD 2.3 billion in 2024 and is projected to reach USD 5.15 billion by 2037, witnessing around 6.4% CAGR during the forecast period i.e., between 2025-2037. The market growth is driven by surge in number of start-up in geothermal, development of deep EGS, growing use of enhanced geothermal system in building sector, and rising funding for renewable energy deployment.
North America industry is predicted to dominate majority revenue share of 36% by 2037, due to surge in number of enhanced geothermal predicted in this region.
The major players in the market are AltaRock Energy, Inc, Fuji Electric Co., Ltd, Calpine, Bestec GmbH, MITSUBISHI HEAVY INDUSTRIES, LTD, Enel SpA, Toshiba Corporation, Ansaldo Energia, Energy Development Corporation