Albany, NY -- (SBWire) -- 03/20/2019 --This report presents the worldwide Geothermal Energy market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geothermal energy is the heat from the Earth. It's clean and sustainable. Resources of geothermal energy range from the shallow ground to hot water and hot rock found a few miles beneath the Earth's surface, and down even deeper to the extremely high temperatures of molten rock called magma.
The U.S. is a major geothermal power producer in North America. Planned capacity expansions in existing power plants coupled with upcoming geothermal projects are expected to drive the market growth in the region over the next six years. Technological advancements and presence of large number of geothermal reserves in the region are expected to further complement the market growth. Policy barriers and inadequate transmission infrastructure in the region are expected to pose challenges to the North American market. Asia Pacific is expected to register considerable growth owing to large scale geothermal production in Philippines, Japan and Indonesia. Growing electricity demand in China and India coupled with increasing government intervention to produce electricity through renewable resources is expected to further augment the market growth in the region. Feed-in-tariffs in Japan are expected to drive geothermal production in the region through small scale projects which in turn is expected to complement the Asia Pacific market growth. The market in Africa is expected to be driven by growing geothermal power generation in Kenya and Ethiopia.
The Geothermal Energy market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Geothermal Energy.
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The following manufacturers are covered in this report:
AltaRock Energy
Berkshire Hathaway Energy
Calpine
Cyrq Energy
Enel Green Power North America
Imperial Irrigation District
Ormat Technologies
Raser Technologies
Terra-Gen Power
US Geothermal
Chevron
Halliburto
Geothermal Energy Breakdown Data by Type
Binary
Single Flash
Double Flash
Triple Flash
Dry
Back Pressure
Geothermal Energy Breakdown Data by Application
Civlil Use
Military Use
Geothermal Energy Production by Region
United States
Europe
China
Japan
Other Regions
Geothermal Energy Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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Geothermal Energy Market 2025: Analysis of Key Players, Potential Growth, Share, Demand and Forecast
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