Enhanced Geothermal System Market Size & Share, by Power Station Type (Dry Steam Power Stations, Flash Steam Power Stations, Binary Cycle Power Stations); End-User (Commercial, Industrial, Residential) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 5001
  • Published Date: Nov 01, 2023
  • Report Format: PDF, PPT
  1. Introduction
    1. Market Definition
    2. Market Segmentation
    3. Product Overview
  2. Assumptions and Acronyms
  3. Research Methodology
    1. Research Process
    2. Primary Research
      1. Solution Providers
      2. End Users
    3. Secondary Research
    4. Market Size Estimation
  4. Analyst Review
  5. Executive Summary – Global Enhanced Geothermal System Market
  6. Analysis of Market Dynamics
    1. Growth Drivers
    2. Market Trends
  7. Key Market Opportunities
  8. Major Roadblocks for the Market Growth
  9. Regulatory & Standards Landscape
  10. Industry Risk Analysis
  11. Decarbonization Strategy and Carbon Credit Benefits for Market Players
  12. Global Economic Outlook: Challenges for Global Recovery and its Impact on Global Enhanced Geothermal Systems Market
    1. Ukraine-Russia crisis
    2. Potential US economic slowdown
  13. Impact of Recession on the Global Economy
  14. Technology Transition & Adoption Analysis
  15. Competitive Positioning
  16. Competitive Model: A Detailed Inside View for Investors
    1. Company Market Share (2022)
    2. Competitive Benchmarking
    3. Business Profile of Key Enterprise
      1. AltaRock Energy, Inc
      2. Fuji Electric Co., Ltd
      3. Calpine
      4. Bestec GmbH
      5. MITSUBISHI HEAVY INDUSTRIES, LTD
      6. Enel SpA
      7. Toshiba Corporation
      8. Ansaldo Energia
      9. Energy Development Corporation
  17. Global Enhanced Geothermal Systems Market Outlook
    1. Market Overview
    2. Market Value (USD Million)
    3. Market Volume (MW)
    4. Global Enhanced Geothermal Systems Market Segmentation Analysis (2022-2035)
      1. By Power Station
        1. Dry Steam Power Stations, Market Value (USD Million) and CAGR 2022-2035F
        2. Flash Steam Power Stations, Market Value (USD Million) and CAGR 2022-2035F
        3. Binary Cycle Power Stations, Market Value (USD Million) and CAGR 2022-2035F
      2. By End-User
        1. Commercial, Market Value (USD Million) and CAGR 2022-2035F
        2. Industrial, Market Value (USD Million) and CAGR 2022-2035F
        3. Residential, Market Value (USD Million) and CAGR 2022-2035F
      3. By Geography
        1. North America, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        2. Europe, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        3. Asia Pacific, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        4. Latin America, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        5. Middle East and Africa, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
      4. Cross Analysis of Power Station Type w.r.t. End-User (USD Million), 2022
  18. North America Enhanced Geothermal Systems Market Outlook
    1. Market Overview
    2. Market Value (USD Million)
    3. Market Volume (MW)
    4. North America Enhanced Geothermal Systems Market Segmentation Analysis (2022-2035)
      1. By Power Station
        1. Dry Steam Power Stations, Market Value (USD Million) and CAGR 2022-2035F
        2. Flash Steam Power Stations, Market Value (USD Million) and CAGR 2022-2035F
        3. Binary Cycle Power Stations, Market Value (USD Million) and CAGR 2022-2035F
      2. By End-User
        1. Commercial, Market Value (USD Million) and CAGR 2022-2035F
        2. Industrial, Market Value (USD Million) and CAGR 2022-2035F
        3. Residential, Market Value (USD Million) and CAGR 2022-2035F
      3. By Geography
        1. US, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        2. Canada, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
  19. Europe Enhanced Geothermal Systems Market Outlook
    1. Market Overview
    2. Market Value (USD Million)
    3. Market Volume (MW)
    4. Europe Enhanced Geothermal Systems Market Segmentation Analysis (2022-2035)
      1.  By Power Station
      2. By End-User
      3. By Country
        1. Germany, Market Value (USD Million), Volume (MW), and CAGR &, 2022-2035F
        2. UK, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        3. France, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        4. Italy, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        5. Spain, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        6. Russia, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        7. NORDIC, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        8. Rest of Europe, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
  20. Asia Pacific Enhanced Geothermal Systems Market Outlook
    1. Market Overview
    2. Market Value (USD Million)
    3. Market Volume (MW)
    4. Asia Pacific Enhanced Geothermal Systems Market Segmentation Analysis (2022-2035)
      1. By Power Station
      2. By End-User
      3. By Country
        1. China, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        2. India, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        3. Japan, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        4. South Korea, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        5. Singapore, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        6. Australia, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        7. Thailand, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        8. Indonesia, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        9. Malaysia, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        10. Rest of Asia Pacific, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
  21. Latin America Enhanced Geothermal Systems Market Outlook
    1. Market Overview
    2. Market Value (USD Million)
    3. Market Volume (MW)
    4. Latin America Enhanced Geothermal Systems Market Segmentation Analysis (2022-2035)
      1. By Power Station
      2. By End-User
      3. By Country
        1. Brazil, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        2. Argentina, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        3. Mexico, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        4. Rest of Latin America, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
  22. Middle East & Africa Enhanced Geothermal Systems Market Outlook
    1. Market Overview
    2. Market Value (USD Million)
    3. Market Volume (MW)
    4. Middle East & Africa Enhanced Geothermal Systems Market Segmentation Analysis (2022-2035)
      1. By Power Station
      2. By End-User
      3. By Country
        1. GCC, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        2. Israel, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        3. South Africa, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F
        4. Rest of Middle East & Africa, Market Value (USD Million), Volume (MW), and CAGR, 2022-2035F

Companies Dominating the Enhanced Geothermal System Landscape

top-features-companies
    • 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 Market Insights with Data Illustration:

In-the-news

In The News

  • February 25, 2021: A comprehensive geothermal power station, the Tauhara Geothermal Power Station in New Zealand, was expected to be built by Fuji Electric Co., Ltd. under a contract granted by Sumitomo Corporation, the firm stated. Contact Energy ("Contact"), a significant private-sector energy producing utility in New Zealand, will be the project's owner, while Sumitomo will serve as the project's primary EPC contractor. 
  • December 5, 2022: PT Pertamina Geothermal Energy (PGE), the geothermal energy subsidiary of Indonesia's state-owned oil and natural gas corporation PT Pertamina (Persero), has placed an order with Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), for a 55 MW power generating unit consisting of a steam turbine, generator, and related equipment for the Lumut Balai Unit 2 geothermal power plant.

Author Credits:  Payel Roy, Dhruv Bhatia


  • Report ID: 5001
  • Published Date: Nov 01, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are 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.

The market size of enhanced geothermal system is anticipated to attain a CAGR of 6.3% over the forecast period, i.e., 2023-2035.

The major players in the market are AltaRock Energy, Inc, Fuji Electric Co., Ltd, Calpine, Bestec GmbH, and others.

The flash steam power stations segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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