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Global Geothermal Power Generation Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031
Published Date: June 2025
|
Report Code: QYRE-Auto-13F13010
Home | Market Reports | Business & Industrial| Energy & Utilities| Renewable & Alternative Energy
Global Geothermal Power Generation Sales Market Report 2023
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Global Geothermal Power Generation Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031

Code: QYRE-Auto-13F13010
Report
June 2025
Pages:142
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Energy Development
Comisión 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

Geothermal Power Generation Market Size

In 2024, the global market size of Geothermal Power Generation was estimated to be worth US$ 28510 million and is forecast to reach approximately US$ 44610 million by 2031 with a CAGR of 6.7% during the forecast period 2025-2031.

Geothermal Power Generation Market

Geothermal Power Generation Market

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, Comisión 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%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Geothermal Power Generation, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Geothermal Power Generation.
The Geothermal Power Generation market size, estimations, and forecasts are provided in terms of sales volume (MW) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Geothermal Power Generation market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Geothermal Power Generation manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and regions.

Scope of Geothermal Power Generation Market Report

Report Metric Details
Report Name Geothermal Power Generation Market
Forecasted market size in 2031 approximately US$ 44610 million
CAGR 6.7%
Forecasted years 2025 - 2031
Segment by Type
  • Dry Steam Stations
  • Flash Steam Power Stations
  • Binary Cycle Stations
Segment by Application
  • Residential
  • Industrial
  • Others
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Energy Development, Comisión 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
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Sales (consumption), revenue of Geothermal Power Generation in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 3: Detailed analysis of Geothermal Power Generation manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Geothermal Power Generation sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
  • Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 14: Research Findings and Conclusion.

FAQ for this report

What is the Geothermal Power Generation Market size in 2031?

Ans: The Geothermal Power Generation Market size in 2031 will be approximately US$ 44610 million.

What is the market share of major companies in Geothermal Power Generation Market?

Ans: 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%.

Who are the main players in the Geothermal Power Generation Market report?

Ans: The main players in the Geothermal Power Generation Market are Energy Development, Comisión 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

What are the Application segmentation covered in the Geothermal Power Generation Market report?

Ans: The Applications covered in the Geothermal Power Generation Market report are Residential, Industrial, Others

What are the Type segmentation covered in the Geothermal Power Generation Market report?

Ans: The Types covered in the Geothermal Power Generation Market report are Dry Steam Stations, Flash Steam Power Stations, Binary Cycle Stations

1 Study Coverage
1.1 Geothermal Power Generation Product Introduction
1.2 Market by Type
1.2.1 Global Geothermal Power Generation Market Size Growth Rate by Type (2020 VS 2024 VS 2031)
1.2.2 Dry Steam Stations
1.2.3 Flash Steam Power Stations
1.2.4 Binary Cycle Stations
1.3 Market by Application
1.3.1 Global Geothermal Power Generation Market Size Growth Rate by Application (2020 VS 2024 VS 2031)
1.3.2 Residential
1.3.3 Industrial
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Geothermal Power Generation Market Size Estimates and Forecasts
2.1.1 Global Geothermal Power Generation Revenue 2020-2031
2.1.2 Global Geothermal Power Generation Sales 2020-2031
2.2 Geothermal Power Generation Market Size by Region: 2024 Versus 2031
2.3 Geothermal Power Generation Sales by Region (2020-2031)
2.3.1 Global Geothermal Power Generation Sales by Region: 2020-2025
2.3.2 Global Geothermal Power Generation Sales Forecast by Region (2026-2031)
2.3.3 Global Geothermal Power Generation Sales Market Share by Region (2020-2031)
2.4 Geothermal Power Generation Market Estimates and Projections by Region (2026-2031)
2.4.1 Global Geothermal Power Generation Revenue by Region: 2020-2025
2.4.2 Global Geothermal Power Generation Revenue Forecast by Region (2026-2031)
2.4.3 Global Geothermal Power Generation Revenue Market Share by Region (2020-2031)
3 Market Segments
3.1 Breakdown Data by Type
3.1.1 Global Geothermal Power Generation Sales by Type (2020-2031)
3.1.1.1 Global Geothermal Power Generation Sales Volume by Type (2020-2031)
3.1.1.2 Global Geothermal Power Generation Sales Market Share by Type (2020-2031)
3.1.2 Global Geothermal Power Generation Revenue by Type (2020-2031)
3.1.2.1 Global Geothermal Power Generation Revenue by Type (2020-2031)
3.1.2.2 Global Geothermal Power Generation Revenue Market Share by Type (2020-2031)
3.1.3 Geothermal Power Generation Average Selling Price (ASP) by Type (2020-2031)
3.2 Breakdown Data by Application
3.2.1 Global Geothermal Power Generation Sales by Application (2020-2031)
3.2.1.1 Global Geothermal Power Generation Sales Volume by Application (2020-2031)
3.2.1.2 Global Geothermal Power Generation Sales Market Share by Application (2020-2031)
3.2.2 Global Geothermal Power Generation Revenue by Application (2020-2031)
3.2.2.1 Global Geothermal Power Generation Revenue by Application (2020-2031)
3.2.2.2 Global Geothermal Power Generation Revenue Market Share by Application (2020-2031)
3.2.3 Geothermal Power Generation Average Selling Price (ASP) by Application (2020-2031)
3.3 by Type and by Application Crossing Analysis
3.3.1 Dry Steam Stations of Geothermal Power Generation Revenue Market Share by Application
3.3.2 Flash Steam Power Stations of Geothermal Power Generation Revenue Market Share by Application
3.3.3 Binary Cycle Stations of Geothermal Power Generation Revenue Market Share by Application
4 Global Geothermal Power Generation by Manufacturers
4.1 Global Top Geothermal Power Generation Manufacturers by Sales (2020-2025)
4.1.1 Global Geothermal Power Generation Sales by Manufacturer (2020-2025)
4.1.2 Global Geothermal Power Generation Sales Market Share by Manufacturer (2020-2025)
4.2 Global Top Geothermal Power Generation Manufacturers by Revenue (2020-2025)
4.2.1 Global Geothermal Power Generation Revenue by Manufacturer (2020-2025)
4.2.2 Global Geothermal Power Generation Revenue Share by Manufacturer (2020-2025)
4.3 Global Geothermal Power Generation Price by Manufacturer (2020-2025)
4.4 Competitive Landscape
4.4.1 Key Geothermal Power Generation Manufacturers Covered: Ranking by Revenue
4.4.2 Global Geothermal Power Generation Market Concentration Ratio (CR5 and HHI) & (2020-2025)
4.4.3 Global Geothermal Power Generation Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.5 Global Geothermal Power Generation Manufacturing Base Distribution, Product Type
4.5.1 Geothermal Power Generation Manufacturers Manufacturing Base Distribution, Headquarters
4.5.2 Date of International Manufacturers Enter into Geothermal Power Generation Market
4.5.3 Manufacturers Geothermal Power Generation Product Type and Application
4.5.4 Dry Steam Stations Market Sales of Geothermal Power Generation by Manufacturer
4.5.5 Flash Steam Power Stations Market Sales of Geothermal Power Generation by Manufacturer
4.5.6 Binary Cycle Stations Market Sales of Geothermal Power Generation by Manufacturer
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
5 Company Profiles
5.1 Energy Development
5.1.1 Energy Development Company Information
5.1.2 Energy Development Description, Business Overview
5.1.3 Energy Development Geothermal Power Generation Products Offered
5.1.4 Energy Development Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
5.1.5 Energy Development Geothermal Power Generation Sales by Product in 2024
5.1.6 Energy Development Geothermal Power Generation Sales by Application in 2024
5.1.7 Energy Development Geothermal Power Generation Sales by Geographic Area in 2024
5.1.8 Energy Development Recent Developments
5.2 Comisión Federal de Electricidad
5.2.1 Comisión Federal de Electricidad Company Information
5.2.2 Comisión Federal de Electricidad Description, Business Overview
5.2.3 Comisión Federal de Electricidad Geothermal Power Generation Products Offered
5.2.4 Comisión Federal de Electricidad Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
5.2.5 Comisión Federal de Electricidad Geothermal Power Generation Sales by Product in 2024
5.2.6 Comisión Federal de Electricidad Geothermal Power Generation Sales by Application in 2024
5.2.7 Comisión Federal de Electricidad Geothermal Power Generation Sales by Geographic Area in 2024
5.2.8 Comisión Federal de Electricidad Recent Developments
5.3 Ormat
5.3.1 Ormat Company Information
5.3.2 Ormat Description, Business Overview
5.3.3 Ormat Geothermal Power Generation Products Offered
5.3.4 Ormat Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
5.3.5 Ormat Geothermal Power Generation Sales by Product in 2024
5.3.6 Ormat Geothermal Power Generation Sales by Application in 2024
5.3.7 Ormat Geothermal Power Generation Sales by Geographic Area in 2024
5.3.8 Ormat Recent Developments
5.4 Enel Green Power
5.4.1 Enel Green Power Company Information
5.4.2 Enel Green Power Description, Business Overview
5.4.3 Enel Green Power Geothermal Power Generation Products Offered
5.4.4 Enel Green Power Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
5.4.5 Enel Green Power Geothermal Power Generation Sales by Product in 2024
5.4.6 Enel Green Power Geothermal Power Generation Sales by Application in 2024
5.4.7 Enel Green Power Geothermal Power Generation Sales by Geographic Area in 2024
5.4.8 Enel Green Power Recent Developments
5.5 Calpine
5.5.1 Calpine Company Information
5.5.2 Calpine Description, Business Overview
5.5.3 Calpine Geothermal Power Generation Products Offered
5.5.4 Calpine Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
5.5.5 Calpine Geothermal Power Generation Sales by Product in 2024
5.5.6 Calpine Geothermal Power Generation Sales by Application in 2024
5.5.7 Calpine Geothermal Power Generation Sales by Geographic Area in 2024
5.5.8 Calpine Recent Developments
5.6 KenGen
5.6.1 KenGen Company Information
5.6.2 KenGen Description, Business Overview
5.6.3 KenGen Geothermal Power Generation Products Offered
5.6.4 KenGen Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
5.6.5 KenGen Geothermal Power Generation Sales by Product in 2024
5.6.6 KenGen Geothermal Power Generation Sales by Application in 2024
5.6.7 KenGen Geothermal Power Generation Sales by Geographic Area in 2024
5.6.8 KenGen Recent Developments
5.7 Pertamina Geothermal Energy
5.7.1 Pertamina Geothermal Energy Company Information
5.7.2 Pertamina Geothermal Energy Description, Business Overview
5.7.3 Pertamina Geothermal Energy Geothermal Power Generation Products Offered
5.7.4 Pertamina Geothermal Energy Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
5.7.5 Pertamina Geothermal Energy Geothermal Power Generation Sales by Product in 2024
5.7.6 Pertamina Geothermal Energy Geothermal Power Generation Sales by Application in 2024
5.7.7 Pertamina Geothermal Energy Geothermal Power Generation Sales by Geographic Area in 2024
5.7.8 Pertamina Geothermal Energy Recent Developments
5.8 Contact Energy
5.8.1 Contact Energy Company Information
5.8.2 Contact Energy Description, Business Overview
5.8.3 Contact Energy Geothermal Power Generation Products Offered
5.8.4 Contact Energy Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
5.8.5 Contact Energy Geothermal Power Generation Sales by Product in 2024
5.8.6 Contact Energy Geothermal Power Generation Sales by Application in 2024
5.8.7 Contact Energy Geothermal Power Generation Sales by Geographic Area in 2024
5.8.8 Contact Energy Recent Developments
5.9 Orkuveita Reykjavikur
5.9.1 Orkuveita Reykjavikur Company Information
5.9.2 Orkuveita Reykjavikur Description, Business Overview
5.9.3 Orkuveita Reykjavikur Geothermal Power Generation Products Offered
5.9.4 Orkuveita Reykjavikur Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
5.9.5 Orkuveita Reykjavikur Geothermal Power Generation Sales by Product in 2024
5.9.6 Orkuveita Reykjavikur Geothermal Power Generation Sales by Application in 2024
5.9.7 Orkuveita Reykjavikur Geothermal Power Generation Sales by Geographic Area in 2024
5.9.8 Orkuveita Reykjavikur Recent Developments
5.10 Star Energy Ltd
5.10.1 Star Energy Ltd Company Information
5.10.2 Star Energy Ltd Description, Business Overview
5.10.3 Star Energy Ltd Geothermal Power Generation Products Offered
5.10.4 Star Energy Ltd Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
5.10.5 Star Energy Ltd Geothermal Power Generation Sales by Product in 2024
5.10.6 Star Energy Ltd Geothermal Power Generation Sales by Application in 2024
5.10.7 Star Energy Ltd Geothermal Power Generation Sales by Geographic Area in 2024
5.10.8 Star Energy Ltd Recent Developments
5.11 Berkshire Hathaway Energy
5.11.1 Berkshire Hathaway Energy Company Information
5.11.2 Berkshire Hathaway Energy Description, Business Overview
5.11.3 Berkshire Hathaway Energy Geothermal Power Generation Products Offered
5.11.4 Berkshire Hathaway Energy Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
5.11.5 Berkshire Hathaway Energy Geothermal Power Generation Sales by Product in 2024
5.11.6 Berkshire Hathaway Energy Geothermal Power Generation Sales by Application in 2024
5.11.7 Berkshire Hathaway Energy Geothermal Power Generation Sales by Geographic Area in 2024
5.11.8 Berkshire Hathaway Energy Recent Developments
5.12 Northern California Power Agency
5.12.1 Northern California Power Agency Company Information
5.12.2 Northern California Power Agency Description, Business Overview
5.12.3 Northern California Power Agency Geothermal Power Generation Products Offered
5.12.4 Northern California Power Agency Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
5.12.5 Northern California Power Agency Geothermal Power Generation Sales by Product in 2024
5.12.6 Northern California Power Agency Geothermal Power Generation Sales by Application in 2024
5.12.7 Northern California Power Agency Geothermal Power Generation Sales by Geographic Area in 2024
5.12.8 Northern California Power Agency Recent Developments
5.13 HS Orka
5.13.1 HS Orka Company Information
5.13.2 HS Orka Description, Business Overview
5.13.3 HS Orka Geothermal Power Generation Products Offered
5.13.4 HS Orka Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
5.13.5 HS Orka Geothermal Power Generation Sales by Product in 2024
5.13.6 HS Orka Geothermal Power Generation Sales by Application in 2024
5.13.7 HS Orka Geothermal Power Generation Sales by Geographic Area in 2024
5.13.8 HS Orka Recent Developments
5.14 Cyrq Energy
5.14.1 Cyrq Energy Company Information
5.14.2 Cyrq Energy Description, Business Overview
5.14.3 Cyrq Energy Geothermal Power Generation Products Offered
5.14.4 Cyrq Energy Geothermal Power Generation Sales, Revenue and Gross Margin (2020-2025)
5.14.5 Cyrq Energy Geothermal Power Generation Sales by Product in 2024
5.14.6 Cyrq Energy Geothermal Power Generation Sales by Application in 2024
5.14.7 Cyrq Energy Geothermal Power Generation Sales by Geographic Area in 2024
5.14.8 Cyrq Energy Recent Developments
6 North America
6.1 North America Geothermal Power Generation Market Size YoY Growth 2020-2031
6.2 North America Geothermal Power Generation Market Facts & Figures by Country
6.2.1 North America Geothermal Power Generation Sales by Country (2020-2031)
6.2.2 North America Geothermal Power Generation Revenue by Country (2020-2031)
6.3 North America Geothermal Power Generation Sales by Type (2020-2025)
6.4 North America Geothermal Power Generation Sales by Application (2020-2025)
7 Asia-Pacific
7.1 Asia-Pacific Geothermal Power Generation Market Size YoY Growth 2020-2031
7.2 Asia-Pacific Geothermal Power Generation Market Facts & Figures by Region
7.2.1 Asia-Pacific Geothermal Power Generation Sales by Region (2020-2031)
7.2.2 Asia-Pacific Geothermal Power Generation Revenue by Region (2020-2031)
7.3 Asia-Pacific Geothermal Power Generation Sales by Type (2020-2025)
7.4 Asia-Pacific Geothermal Power Generation Sales by Application (2020-2025)
8 Europe
8.1 Europe Geothermal Power Generation Market Size YoY Growth 2020-2031
8.2 Europe Geothermal Power Generation Market Facts & Figures by Country
8.2.1 Europe Geothermal Power Generation Sales by Country (2020-2031)
8.2.2 Europe Geothermal Power Generation Revenue by Country (2020-2031)
8.3 Europe Geothermal Power Generation Sales by Type (2020-2025)
8.4 Europe Geothermal Power Generation Sales by Application (2020-2025)
9 Latin America
9.1 Latin America Geothermal Power Generation Market Size YoY Growth 2020-2031
9.2 Latin America Geothermal Power Generation Market Facts & Figures by Country
9.2.1 Latin America Geothermal Power Generation Sales by Country (2020-2031)
9.2.2 Latin America Geothermal Power Generation Revenue by Country (2020-2031)
9.3 Latin America Geothermal Power Generation Sales by Type (2020-2025)
9.4 Latin America Geothermal Power Generation Sales by Application (2020-2025)
10 Middle East and Africa
10.1 Latin America Geothermal Power Generation Market Size YoY Growth 2020-2031
10.2 Middle East and Africa Geothermal Power Generation Market Facts & Figures by Country
10.2.1 Middle East and Africa Geothermal Power Generation Sales by Country (2020-2031)
10.2.2 Middle East and Africa Geothermal Power Generation Revenue by Country (2020-2031)
10.3 Middle East and Africa Geothermal Power Generation Sales by Type (2020-2025)
10.4 Middle East and Africa Geothermal Power Generation Sales by Application (2020-2025)
11 Supply Chain and Sales Channel analysis
11.1 Geothermal Power Generation Supply Chain Analysis
11.2 Geothermal Power Generation Key Raw Materials and Upstream Suppliers
11.3 Geothermal Power Generation Clients Analysis
11.4 Geothermal Power Generation Sales Channel and Sales Model Analysis
11.4.1 Geothermal Power Generation Distribution Channel Analysis: Indirect Sales VS Direct Sales
11.4.2 Geothermal Power Generation Distribution Channel Analysis: Online Sales VS Offline Sales
11.4.3 Geothermal Power Generation Distributors
12 Geothermal Power Generation Market Dynamics
12.1 Geothermal Power Generation Industry Trends
12.2 Geothermal Power Generation Market Drivers
12.3 Geothermal Power Generation Market Challenges
12.4 Geothermal Power Generation Market Restraints
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
FEATURED COMPANIES
Energy Development
Comisión 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
List of Tables
 Table 1. Global Geothermal Power Generation Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Global Geothermal Power Generation Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 3. Global Geothermal Power Generation Market Size by Region (US$ Million): 2024 VS 2031
 Table 4. Global Geothermal Power Generation Sales by Region (2020-2025) & (MW)
 Table 5. Global Geothermal Power Generation Sales Forecast by Region (2026-2031) & (MW)
 Table 6. Global Geothermal Power Generation Revenue by Region (2020-2025) & (US$ Million)
 Table 7. Global Geothermal Power Generation Revenue Forecast by Region (2026-2031) & (US$ Million)
 Table 8. Global Geothermal Power Generation Sales Volume by Type (2020-2025) & (MW)
 Table 9. Global Geothermal Power Generation Sales Volume by Type (2026-2031) & (MW)
 Table 10. Global Geothermal Power Generation Revenue by Type (2020-2025) & (US$ Million)
 Table 11. Global Geothermal Power Generation Revenue Forecast by Type (2026-2031) & (US$ Million)
 Table 12. Global Geothermal Power Generation Sales Volume by Application (2020-2025) & (MW)
 Table 13. Global Geothermal Power Generation Sales Volume by Application (2026-2031) & (MW)
 Table 14. Global Geothermal Power Generation Revenue by Application (2020-2025) & (US$ Million)
 Table 15. Global Geothermal Power Generation Revenue by Application (2026-2031) & (US$ Million)
 Table 16. Global Geothermal Power Generation Sales by Manufacturer (2020-2025) & (MW)
 Table 17. Global Geothermal Power Generation Sales Share by Manufacturer (2020-2025)
 Table 18. Geothermal Power Generation Revenue by Manufacturer (2020-2025) & (US$ Million)
 Table 19. Geothermal Power Generation Revenue Share by Manufacturer (2020-2025)
 Table 20. Key Manufacturers Geothermal Power Generation Price (2020-2025) & (USD/MW)
 Table 21. Ranking of Global Top Geothermal Power Generation Manufacturers by Revenue (US$ Million) in 2024
 Table 22. Global Geothermal Power Generation Manufacturers Market Concentration Ratio (CR5 and HHI) & (2020-2025)
 Table 23. Global Geothermal Power Generation by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Geothermal Power Generation as of 2024)
 Table 24. Geothermal Power Generation Manufacturers Manufacturing Base Distribution and Headquarters
 Table 25. Date of International Manufacturers Enter into Geothermal Power Generation Market
 Table 26. Manufacturers Geothermal Power Generation Product Type and Application
 Table 27. Manufacturers Mergers & Acquisitions, Expansion Plans
 Table 28. Energy Development Company Information
 Table 29. Energy Development Description and Business Overview
 Table 30. Energy Development Geothermal Power Generation Product
 Table 31. Energy Development Geothermal Power Generation Sales (MW), Revenue (US$ Million), Price (USD/MW) and Gross Margin (2020-2025)
 Table 32. Energy Development Sales Proportion of Geothermal Power Generation by Product in 2024
 Table 33. Energy Development Sales Proportion of Geothermal Power Generation by Application in 2024
 Table 34. Energy Development Sales Proportion of Geothermal Power Generation by Geographic Area in 2024
 Table 35. Energy Development Recent Developments
 Table 36. Comisión Federal de Electricidad Company Information
 Table 37. Comisión Federal de Electricidad Description and Business Overview
 Table 38. Comisión Federal de Electricidad Geothermal Power Generation Product
 Table 39. Comisión Federal de Electricidad Geothermal Power Generation Sales (MW), Revenue (US$ Million), Price (USD/MW) and Gross Margin (2020-2025)
 Table 40. Comisión Federal de Electricidad Sales Proportion of Geothermal Power Generation by Product in 2024
 Table 41. Comisión Federal de Electricidad Sales Proportion of Geothermal Power Generation by Application in 2024
 Table 42. Comisión Federal de Electricidad Sales Proportion of Geothermal Power Generation by Geographic Area in 2024
 Table 43. Comisión Federal de Electricidad Recent Developments
 Table 44. Ormat Company Information
 Table 45. Ormat Description and Business Overview
 Table 46. Ormat Geothermal Power Generation Product
 Table 47. Ormat Geothermal Power Generation Sales (MW), Revenue (US$ Million), Price (USD/MW) and Gross Margin (2020-2025)
 Table 48. Ormat Sales Proportion of Geothermal Power Generation by Product in 2024
 Table 49. Ormat Sales Proportion of Geothermal Power Generation by Application in 2024
 Table 50. Ormat Sales Proportion of Geothermal Power Generation by Geographic Area in 2024
 Table 51. Ormat Recent Developments
 Table 52. Enel Green Power Company Information
 Table 53. Enel Green Power Description and Business Overview
 Table 54. Enel Green Power Geothermal Power Generation Product
 Table 55. Enel Green Power Geothermal Power Generation Sales (MW), Revenue (US$ Million), Price (USD/MW) and Gross Margin (2020-2025)
 Table 56. Enel Green Power Sales Proportion of Geothermal Power Generation by Product in 2024
 Table 57. Enel Green Power Sales Proportion of Geothermal Power Generation by Application in 2024
 Table 58. Enel Green Power Sales Proportion of Geothermal Power Generation by Geographic Area in 2024
 Table 59. Enel Green Power Recent Developments
 Table 60. Calpine Company Information
 Table 61. Calpine Description and Business Overview
 Table 62. Calpine Geothermal Power Generation Product
 Table 63. Calpine Geothermal Power Generation Sales (MW), Revenue (US$ Million), Price (USD/MW) and Gross Margin (2020-2025)
 Table 64. Calpine Sales Proportion of Geothermal Power Generation by Product in 2024
 Table 65. Calpine Sales Proportion of Geothermal Power Generation by Application in 2024
 Table 66. Calpine Sales Proportion of Geothermal Power Generation by Geographic Area in 2024
 Table 67. Calpine Recent Developments
 Table 68. KenGen Company Information
 Table 69. KenGen Description and Business Overview
 Table 70. KenGen Geothermal Power Generation Product
 Table 71. KenGen Geothermal Power Generation Sales (MW), Revenue (US$ Million), Price (USD/MW) and Gross Margin (2020-2025)
 Table 72. KenGen Sales Proportion of Geothermal Power Generation by Product in 2024
 Table 73. KenGen Sales Proportion of Geothermal Power Generation by Application in 2024
 Table 74. KenGen Sales Proportion of Geothermal Power Generation by Geographic Area in 2024
 Table 75. KenGen Recent Developments
 Table 76. Pertamina Geothermal Energy Company Information
 Table 77. Pertamina Geothermal Energy Description and Business Overview
 Table 78. Pertamina Geothermal Energy Geothermal Power Generation Product
 Table 79. Pertamina Geothermal Energy Geothermal Power Generation Sales (MW), Revenue (US$ Million), Price (USD/MW) and Gross Margin (2020-2025)
 Table 80. Pertamina Geothermal Energy Sales Proportion of Geothermal Power Generation by Product in 2024
 Table 81. Pertamina Geothermal Energy Sales Proportion of Geothermal Power Generation by Application in 2024
 Table 82. Pertamina Geothermal Energy Sales Proportion of Geothermal Power Generation by Geographic Area in 2024
 Table 83. Pertamina Geothermal Energy Recent Developments
 Table 84. Contact Energy Company Information
 Table 85. Contact Energy Description and Business Overview
 Table 86. Contact Energy Geothermal Power Generation Product
 Table 87. Contact Energy Geothermal Power Generation Sales (MW), Revenue (US$ Million), Price (USD/MW) and Gross Margin (2020-2025)
 Table 88. Contact Energy Sales Proportion of Geothermal Power Generation by Product in 2024
 Table 89. Contact Energy Sales Proportion of Geothermal Power Generation by Application in 2024
 Table 90. Contact Energy Sales Proportion of Geothermal Power Generation by Geographic Area in 2024
 Table 91. Contact Energy Recent Developments
 Table 92. Orkuveita Reykjavikur Company Information
 Table 93. Orkuveita Reykjavikur Description and Business Overview
 Table 94. Orkuveita Reykjavikur Geothermal Power Generation Product
 Table 95. Orkuveita Reykjavikur Geothermal Power Generation Sales (MW), Revenue (US$ Million), Price (USD/MW) and Gross Margin (2020-2025)
 Table 96. Orkuveita Reykjavikur Sales Proportion of Geothermal Power Generation by Product in 2024
 Table 97. Orkuveita Reykjavikur Sales Proportion of Geothermal Power Generation by Application in 2024
 Table 98. Orkuveita Reykjavikur Sales Proportion of Geothermal Power Generation by Geographic Area in 2024
 Table 99. Orkuveita Reykjavikur Recent Developments
 Table 100. Star Energy Ltd Company Information
 Table 101. Star Energy Ltd Description and Business Overview
 Table 102. Star Energy Ltd Geothermal Power Generation Product
 Table 103. Star Energy Ltd Geothermal Power Generation Sales (MW), Revenue (US$ Million), Price (USD/MW) and Gross Margin (2020-2025)
 Table 104. Star Energy Ltd Sales Proportion of Geothermal Power Generation by Product in 2024
 Table 105. Star Energy Ltd Sales Proportion of Geothermal Power Generation by Application in 2024
 Table 106. Star Energy Ltd Sales Proportion of Geothermal Power Generation by Geographic Area in 2024
 Table 107. Star Energy Ltd Recent Developments
 Table 108. Berkshire Hathaway Energy Company Information
 Table 109. Berkshire Hathaway Energy Description and Business Overview
 Table 110. Berkshire Hathaway Energy Geothermal Power Generation Product
 Table 111. Berkshire Hathaway Energy Geothermal Power Generation Sales (MW), Revenue (US$ Million), Price (USD/MW) and Gross Margin (2020-2025)
 Table 112. Berkshire Hathaway Energy Sales Proportion of Geothermal Power Generation by Product in 2024
 Table 113. Berkshire Hathaway Energy Sales Proportion of Geothermal Power Generation by Application in 2024
 Table 114. Berkshire Hathaway Energy Sales Proportion of Geothermal Power Generation by Geographic Area in 2024
 Table 115. Berkshire Hathaway Energy Recent Developments
 Table 116. Northern California Power Agency Company Information
 Table 117. Northern California Power Agency Description and Business Overview
 Table 118. Northern California Power Agency Geothermal Power Generation Product
 Table 119. Northern California Power Agency Geothermal Power Generation Sales (MW), Revenue (US$ Million), Price (USD/MW) and Gross Margin (2020-2025)
 Table 120. Northern California Power Agency Sales Proportion of Geothermal Power Generation by Product in 2024
 Table 121. Northern California Power Agency Sales Proportion of Geothermal Power Generation by Application in 2024
 Table 122. Northern California Power Agency Sales Proportion of Geothermal Power Generation by Geographic Area in 2024
 Table 123. Northern California Power Agency Recent Developments
 Table 124. HS Orka Company Information
 Table 125. HS Orka Description and Business Overview
 Table 126. HS Orka Geothermal Power Generation Product
 Table 127. HS Orka Geothermal Power Generation Sales (MW), Revenue (US$ Million), Price (USD/MW) and Gross Margin (2020-2025)
 Table 128. HS Orka Sales Proportion of Geothermal Power Generation by Product in 2024
 Table 129. HS Orka Sales Proportion of Geothermal Power Generation by Application in 2024
 Table 130. HS Orka Sales Proportion of Geothermal Power Generation by Geographic Area in 2024
 Table 131. HS Orka Recent Developments
 Table 132. Cyrq Energy Company Information
 Table 133. Cyrq Energy Description and Business Overview
 Table 134. Cyrq Energy Geothermal Power Generation Product
 Table 135. Cyrq Energy Geothermal Power Generation Sales (MW), Revenue (US$ Million), Price (USD/MW) and Gross Margin (2020-2025)
 Table 136. Cyrq Energy Sales Proportion of Geothermal Power Generation by Product in 2024
 Table 137. Cyrq Energy Sales Proportion of Geothermal Power Generation by Application in 2024
 Table 138. Cyrq Energy Sales Proportion of Geothermal Power Generation by Geographic Area in 2024
 Table 139. Cyrq Energy Recent Developments
 Table 140. North America Geothermal Power Generation Sales by Country (2020-2025) & (MW)
 Table 141. North America Geothermal Power Generation Sales by Country (2026-2031) & (MW)
 Table 142. North America Geothermal Power Generation Revenue by Country (2020-2025) & (US$ Million)
 Table 143. North America Geothermal Power Generation Revenue by Country (2026-2031) & (US$ Million)
 Table 144. North America Geothermal Power Generation Sales by Type (2020-2025) & (MW)
 Table 145. North America Geothermal Power Generation Sales by Application (2020-2025) & (MW)
 Table 146. Asia-Pacific Geothermal Power Generation Sales by Region (2020-2025) & (MW)
 Table 147. Asia-Pacific Geothermal Power Generation Sales by Region (2026-2031) & (MW)
 Table 148. Asia-Pacific Geothermal Power Generation Revenue by Region (2020-2025) & (US$ Million)
 Table 149. Asia-Pacific Geothermal Power Generation Revenue by Region (2026-2031) & (US$ Million)
 Table 150. Asia-Pacific Geothermal Power Generation Sales by Type (2020-2025) & (MW)
 Table 151. Asia-Pacific Geothermal Power Generation Sales by Application (2020-2025) & (MW)
 Table 152. Europe Geothermal Power Generation Sales by Country (2020-2025) & (MW)
 Table 153. Europe Geothermal Power Generation Sales by Country (2026-2031) & (MW)
 Table 154. Europe Geothermal Power Generation Revenue by Country (2020-2025) & (US$ Million)
 Table 155. Europe Geothermal Power Generation Revenue by Country (2026-2031) & (US$ Million)
 Table 156. Europe Geothermal Power Generation Sales by Type (2020-2025) & (MW)
 Table 157. Europe Geothermal Power Generation Sales by Application (2020-2025) & (MW)
 Table 158. Latin America Geothermal Power Generation Sales by Country (2020-2025) & (MW)
 Table 159. Latin America Geothermal Power Generation Sales by Country (2026-2031) & (MW)
 Table 160. Latin America Geothermal Power Generation Revenue by Country (2020-2025) & (US$ Million)
 Table 161. Latin America Geothermal Power Generation Revenue by Country (2026-2031) & (US$ Million)
 Table 162. Latin America Geothermal Power Generation Sales by Type (2020-2025) & (MW)
 Table 163. Latin America Geothermal Power Generation Sales by Application (2020-2025) & (MW)
 Table 164. Middle East and Africa Geothermal Power Generation Sales by Country (2020-2025) & (MW)
 Table 165. Middle East and Africa Geothermal Power Generation Sales by Country (2026-2031) & (MW)
 Table 166. Middle East and Africa Geothermal Power Generation Revenue by Country (2020-2025) & (US$ Million)
 Table 167. Middle East and Africa Geothermal Power Generation Revenue by Country (2026-2031) & (US$ Million)
 Table 168. Middle East and Africa Geothermal Power Generation Sales by Type (2020-2025) & (MW)
 Table 169. Middle East and Africa Geothermal Power Generation Sales by Application (2020-2025) & (MW)
 Table 170. Geothermal Power Generation Key Raw Materials, Industry Status and Trend
 Table 171. Geothermal Power Generation Key Raw Materials and Upstream Suppliers
 Table 172. Geothermal Power Generation Clients Status and Trend
 Table 173. Geothermal Power Generation Typical Clients
 Table 174. Geothermal Power Generation Distributors
 Table 175. Geothermal Power Generation Market Trends
 Table 176. Geothermal Power Generation Market Drivers
 Table 177. Geothermal Power Generation Market Challenges
 Table 178. Geothermal Power Generation Market Restraints
 Table 179. Research Programs/Design for This Report
 Table 180. Key Data Information from Secondary Sources
 Table 181. Key Data Information from Primary Sources
 Table 182. QYR Business Unit and Senior & Team Lead Analysts


List of Figures
 Figure 1. Geothermal Power Generation Product Picture
 Figure 2. Global Geothermal Power Generation Market Size by Type (US$ Million): 2020 VS 2024 VS 2031
 Figure 3. Global Geothermal Power Generation Sales Market Share by Type in 2024 & 2031
 Figure 4. Dry Steam Stations Product Picture
 Figure 5. Flash Steam Power Stations Product Picture
 Figure 6. Binary Cycle Stations Product Picture
 Figure 7. Global Geothermal Power Generation Market Size by Application (US$ Million): 2020 VS 2024 VS 2031
 Figure 8. Global Geothermal Power Generation Sales Market Share by Application in 2024 & 2031
 Figure 9. Residential
 Figure 10. Industrial
 Figure 11. Others
 Figure 12. Geothermal Power Generation Report Years Considered
 Figure 13. Global Geothermal Power Generation Revenue, (US$ Million), 2020 VS 2024 VS 2031
 Figure 14. Global Geothermal Power Generation Market Size 2020-2031 (US$ Million)
 Figure 15. Global Geothermal Power Generation Sales 2020-2031 (MW)
 Figure 16. Global Geothermal Power Generation Sales Market Share Forecast by Region (2020-2031)
 Figure 17. Global Geothermal Power Generation Revenue Market Share by Region (2020-2031)
 Figure 18. Global Geothermal Power Generation Sales Market Share Forecast by Type (2020-2031)
 Figure 19. Global Geothermal Power Generation Revenue Market Share Forecast by Type (2020-2031)
 Figure 20. Geothermal Power Generation Average Selling Price (ASP) by Type (2020-2025) & (USD/MW)
 Figure 21. Global Geothermal Power Generation Sales Market Share Forecast by Application (2020-2031)
 Figure 22. Global Geothermal Power Generation Revenue Market Share Forecast by Application (2020-2031)
 Figure 23. Geothermal Power Generation Average Selling Price (ASP) by Application (2020-2025) & (USD/MW)
 Figure 24. Dry Steam Stations of Geothermal Power Generation Revenue Market Share by Application, 2024 VS 2031
 Figure 25. Flash Steam Power Stations of Geothermal Power Generation Revenue Market Share by Application, 2024 VS 2031
 Figure 26. Binary Cycle Stations of Geothermal Power Generation Revenue Market Share by Application, 2024 VS 2031
 Figure 27. Global Geothermal Power Generation Sales Share by Manufacturer in 2024
 Figure 28. Geothermal Power Generation Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 29. Dry Steam Stations Market Sales Proportion by Manufacturer in 2024
 Figure 30. Flash Steam Power Stations Market Sales Proportion by Manufacturer in 2024
 Figure 31. Binary Cycle Stations Market Sales Proportion by Manufacturer in 2024
 Figure 32. North America Geothermal Power Generation Revenue 2020-2031 (US$ Million)
 Figure 33. North America Geothermal Power Generation Sales Market Share by Type (2020-2025)
 Figure 34. North America Geothermal Power Generation Sales Market Share by Application (2020-2025)
 Figure 35. Asia-Pacific Geothermal Power Generation Revenue 2020-2031 (US$ Million)
 Figure 36. Asia-Pacific Geothermal Power Generation Sales Market Share by Region (2020-2031)
 Figure 37. Asia-Pacific Geothermal Power Generation Revenue Market Share by Region (2020-2031)
 Figure 38. Asia-Pacific Geothermal Power Generation Sales Market Share by Type (2020-2025)
 Figure 39. Asia-Pacific Geothermal Power Generation Sales Market Share by Application (2020-2025)
 Figure 40. Europe Geothermal Power Generation Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 41. Europe Geothermal Power Generation Sales Market Share by Country (2020-2031)
 Figure 42. Europe Geothermal Power Generation Revenue Market Share by Country (2020-2031)
 Figure 43. Europe Geothermal Power Generation Sales Market Share by Type (2020-2025)
 Figure 44. Europe Geothermal Power Generation Sales Market Share by Application (2020-2025)
 Figure 45. Latin America Geothermal Power Generation Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 46. Latin America Geothermal Power Generation Sales Market Share by Country (2020-2031)
 Figure 47. Latin America Geothermal Power Generation Revenue Market Share by Country (2020-2025)
 Figure 48. Latin America Geothermal Power Generation Sales Market Share by Type (2020-2025)
 Figure 49. Latin America Geothermal Power Generation Sales Market Share by Application (2020-2025)
 Figure 50. Middle East and Africa Geothermal Power Generation Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 51. Middle East and Africa Geothermal Power Generation Sales Market Share by Country (2020-2031)
 Figure 52. Middle East and Africa Geothermal Power Generation Revenue Market Share by Country (2020-2031)
 Figure 53. Middle East and Africa Geothermal Power Generation Sales Market Share by Type (2020-2025)
 Figure 54. Middle East and Africa Geothermal Power Generation Sales Market Share by Application (2020-2025)
 Figure 55. Geothermal Power Generation Supply Chain (Upstream and Downstream Market)
 Figure 56. Global Production Market Share of Geothermal Power Generation Raw Materials by Region in 2024
 Figure 57. Geothermal Power Generation Distribution Channels
 Figure 58. Global Geothermal Power Generation Percentage 2020-2031: Indirect Sales VS Direct Sales
 Figure 59. Global Geothermal Power Generation Percentage 2020-2031: Online Sales VS Offline Sales
 Figure 60. Bottom-up and Top-down Approaches for This Report
 Figure 61. Data Triangulation
 Figure 62. Key Executives Interviewed
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