Geothermal Power Market

1
Opportunity Analysis and Industry Forecast,
2016-2023
Geothermal Power Market by Power Station Type and
End Use Global Opportunity Analysis and Industry
Forecast, 2019-2026
Pages 116 Tables 138 Charts 63
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• Top Impacting Factors
• The global geothermal power market was valued at
  4.6 billion in 2018, and is projected to reach
  6.8 billion by 2026, growing at a CAGR of 5.0
  from 2019 to 2026.
• The geothermal power market growth is driven by
  rise in investment in renewable energy projects
  in the region.
• Geothermal power plants utilize steam to produce
  energy.
• The industrial sectors are expected to consume
  more energy during the forecast period attributed
  to rise in use of geothermal power plants in the
  industrial sector.
• India is one of the major countries experiencing
  rapid growth in the Asia-Pacific geothermal power
  market.

Global Geothermal Power Market Outlook (2019
2026)
Pages 116 Tables 138 Charts 63
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• The global geothermal power market is segmented
  on the basis of power station type, end use, and
  region.
• As the demand for electricity increases due to
  growing urbanization, it is expected that the
  demand for binary cycle power station will
  increase significantly, which will propel the
  growth of the market.
• Market segmentation on the basis of end use
  includes residential, commercial, industrial, and
  others.
• The industrial and residential segments
  collectively accounted for around 69.7 market
  share in 2018, with the former constituting
  around 36.2 share.

Global Geothermal Power Market Outlook (2019
2026)
Pages 116 Tables 138 Charts 63
4

• Key Findings of The Geothermal Power Market
• In 2018, the Asia-Pacific market accounts for
  34.9 share in the geothermal power market.
• The binary cycle power stations segment is
  expected to hold a dominant position in the
  geothermal power market size during the forecast
  period.
• The dry steam power stations segment is projected
  to grow at a CAGR of 3.9 by 2026.
• The Industrial segment dominated the geothermal
  power market share in 2018 and is expected to
  grow with the CAGR of 5.0 during the forecast
  period.
• The qualitative data in the report aims on the
  geothermal power market trends, dynamics, and
  developments, while the quantitative data
  provides information about the market share and
  market size in terms of revenue and volume.

Global Geothermal Power Market Outlook (2019
2026)
Pages 116 Tables 138 Charts 63
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• The key players profiled in the report include
• ABB
• EDF
• Enel
• Spa
• General Electric (GE)
• The Tata Power Company Limited
• Mitsubishi Hitachi Power
• Systems Inc.
• Toshiba Corporation
• Korea Electric Power Corporation
• Siemens AG
• Yokogawa Electric Corporation.

Global Geothermal Power Market Outlook (2019
2026)
Pages 116 Tables 138 Charts 63
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Global Geothermal Power Market Outlook (2019
2026)
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