Global Geothermal Power Generation Market : Industry Analysis and Forecast (2018-2026)
Global Geothermal Power Generation Market was valued US$ 6.21 Bn in 2017 and is expected to reach US$ 14.85 Bn by 2026, at a CAGR of around 10.17% during a forecast period.
Global geothermal power generation market is expected to witness significant growth due to increasing importance for sustainable energy sources. The geothermal electric power generation market growth outlook is positive with significant growth potential for electricity because of its relatively low price. At the same time, factors such as rising energy demand, investments in renewable power generation, growing manufacturing sector, and technological advances are contributing to the growth of the market. This inclination coupled with growing importance for renewable electricity generation is projected to drive the market growth. Government initiatives such as financial benefits and tax rebates to promote sustainable energy generation are estimated to have a positive impact on the market.
However, high initial costs, environmental concerns regarding geothermal power generation and increasing trade protectionism, risk of running out of steam over a period of time are the challenging factors and these factor hampering the growth of global geothermal power generation market.
REQUEST FOR FREE SAMPLE REPORT: https://www.maximizemarketresearch.com/request-sample/30089
According to technology, the flash steam segment considered for the largest share of the geothermal power generation market in 2018. The highest growth is expected to come from the binary segment. Major factors for this growth contain technological advancements in geothermal power generation and increasing pressure to limit carbon emissions.
Profile of the key players in the global geothermal power generation market will be provided, which contain key financials, product & services, new developments and business strategies.
Geographically, Asia Pacific is anticipated to register significant growth due to large scale geothermal production in Philippines, Japan and Indonesia. Increasing electricity demand in China and India tied with rising government intervention to produce electricity through renewable resources is projected to further enhance 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 probable to complement the Asia Pacific market growth. The market in Africa is projected to be driven by growing geothermal power generation in Kenya and Ethiopia.
The report gives a market summary covering key drivers and risks factors. The report is split by top global manufactures mentioning sales, revenue and prices as applicable. It also evaluates the competitive scenario of the leading players. The report enlarges to cover regional market data along with technology and application. The report forecasts sales and revenue from 2018 to 2026. The in depth sales channel is also covered in the study.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global geothermal power generation market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global geothermal power generation market.
DO INQUIRY BEFORE PURCHASING REPORT HERE: https://www.maximizemarketresearch.com/inquiry-before-buying/30089
Scope of Global Geothermal Power Generation Market
Global Geothermal Power Generation Market, By Technology
• Dry steam
• Flash steam
• Binary cycle
Global Geothermal Power Generation Market, By Application
• Dry steam power stations
• Flash steam power stations
• Binary cycle power stations
Global Geothermal Power Generation Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating in Global Geothermal Power Generation Market
• Calpine
• Enel Green Power North America Inc.
• Gradient Resources
• Berkshire Hathaway Energy
• Terra-Gen Power LLC
• US Geothermal
• Toshiba International Corp.
• EthosEnergy Group
• ThermaSource LLC.
• Aboitiz Power
• Chevron Corporation
• Comision Federal de Electricadad (CFE)
• Energy Development Corporation (EDC)
• Kenya Electricity Generating Company
• Ormat Industries
• Pertamina Geothermal Energy (PGE)
Browse Full Report with Facts and Figures of Geothermal Power Generation Market Report at: https://www.maximizemarketresearch.com/market-report/global-geothermal-power-generation-market/30089/
MAJOR TOC OF THE REPORT
Chapter One: Geothermal Power Generation Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Geothermal Power Generation Market Competition, by Players
Chapter Four: Global Geothermal Power Generation Market Size by Regions
Chapter Five: North America Geothermal Power Generation Revenue by Countries
Chapter Six: Europe Geothermal Power Generation Revenue by Countries
Chapter Seven: Asia-Pacific Geothermal Power Generation Revenue by Countries
Chapter Eight: South America Geothermal Power Generation Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Geothermal Power Generation by Countries
Chapter Ten: Global Geothermal Power Generation Market Segment by Type
Chapter Eleven: Global Geothermal Power Generation Market Segment by Application
Chapter Twelve: Global Geothermal Power Generation Market Size Forecast (2019-2026)
About Us:
Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Contact info:
Name: Lumawant Godage
Organization: MAXIMIZE MARKET RESEARCH PVT. LTD.
Email: [email protected]
Contact: +919607065656/ +919607195908
Website: www.maximizemarketresearch.com
