

The global Geothermal Power market size was US$ million in 2024 and is forecast to a readjusted size of US$ million by 2031 with a CAGR of %during the forecast period 2025-2031.
Geothermal power generation refers to taking geothermal energy as the power source to drive the generator to generate electricity. Geothermal power generation technology can be divided into dry steam, flash steam and binary cycle power plant and others. At present, 29 countries or regions in the world have geothermal power generation operation, with a total installed capacity of 15400 MW by the end of 2019. The countries with the largest installed capacity include the United States, Indonesia, the Philippines, New Zealand, etc.
Global core geothermal power 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%.
The global Geothermal Power market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
Âé¶¹Ô´´ Segmentation
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
By Type: (Dominant Segment vs High-Margin Innovation)
Dry Steam Stations
Flash Steam Power Stations
Binary Cycle Stations
By Application: (Core Demand Driver vs Emerging Opportunity)
Residential
Industrial
Others
By Region
Macro-Regional Analysis: Âé¶¹Ô´´ Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Âé¶¹Ô´´ Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., Energy Development in Europe)
- Emerging Product Trends: Dry Steam Stations adoption vs. Flash Steam Power Stations premiumization
- Demand-Side Dynamics: Residential growth in China vs. Industrial potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Âé¶¹Ô´´s:
North America
Europe
Southeast Asia
Mexico
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Geothermal Power market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Flash Steam Power Stations in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Industrial in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Âé¶¹Ô´´ dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Geothermal Power value chain, addressing:
- Âé¶¹Ô´´ entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Âé¶¹Ô´´ Overview
1.1 Geothermal Power Product Scope
1.2 Geothermal Power by Type
1.2.1 Global Geothermal Power Sales by Type (2020 & 2024 & 2031)
1.2.2 Dry Steam Stations
1.2.3 Flash Steam Power Stations
1.2.4 Binary Cycle Stations
1.3 Geothermal Power by Application
1.3.1 Global Geothermal Power Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Residential
1.3.3 Industrial
1.3.4 Others
1.4 Global Geothermal Power Âé¶¹Ô´´ Estimates and Forecasts (2020-2031)
1.4.1 Global Geothermal Power Âé¶¹Ô´´ Size in Value Growth Rate (2020-2031)
1.4.2 Global Geothermal Power Âé¶¹Ô´´ Size in Volume Growth Rate (2020-2031)
1.4.3 Global Geothermal Power Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Âé¶¹Ô´´ Size and Prospective by Region
2.1 Global Geothermal Power Âé¶¹Ô´´ Size by Region: 2020 VS 2024 VS 2031
2.2 Global Geothermal Power Retrospective Âé¶¹Ô´´ Scenario by Region (2020-2025)
2.2.1 Global Geothermal Power Sales Âé¶¹Ô´´ Share by Region (2020-2025)
2.2.2 Global Geothermal Power Revenue Âé¶¹Ô´´ Share by Region (2020-2025)
2.3 Global Geothermal Power Âé¶¹Ô´´ Estimates and Forecasts by Region (2026-2031)
2.3.1 Global Geothermal Power Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global Geothermal Power Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Âé¶¹Ô´´ Analysis
2.4.1 North America Geothermal Power Âé¶¹Ô´´ Size and Prospective (2020-2031)
2.4.2 Europe Geothermal Power Âé¶¹Ô´´ Size and Prospective (2020-2031)
2.4.3 Southeast Asia Geothermal Power Âé¶¹Ô´´ Size and Prospective (2020-2031)
2.4.4 Mexico Geothermal Power Âé¶¹Ô´´ Size and Prospective (2020-2031)
3 Global Âé¶¹Ô´´ Size by Type
3.1 Global Geothermal Power Historic Âé¶¹Ô´´ Review by Type (2020-2025)
3.1.1 Global Geothermal Power Sales by Type (2020-2025)
3.1.2 Global Geothermal Power Revenue by Type (2020-2025)
3.1.3 Global Geothermal Power Price by Type (2020-2025)
3.2 Global Geothermal Power Âé¶¹Ô´´ Estimates and Forecasts by Type (2026-2031)
3.2.1 Global Geothermal Power Sales Forecast by Type (2026-2031)
3.2.2 Global Geothermal Power Revenue Forecast by Type (2026-2031)
3.2.3 Global Geothermal Power Price Forecast by Type (2026-2031)
3.3 Different Types Geothermal Power Representative Players
4 Global Âé¶¹Ô´´ Size by Application
4.1 Global Geothermal Power Historic Âé¶¹Ô´´ Review by Application (2020-2025)
4.1.1 Global Geothermal Power Sales by Application (2020-2025)
4.1.2 Global Geothermal Power Revenue by Application (2020-2025)
4.1.3 Global Geothermal Power Price by Application (2020-2025)
4.2 Global Geothermal Power Âé¶¹Ô´´ Estimates and Forecasts by Application (2026-2031)
4.2.1 Global Geothermal Power Sales Forecast by Application (2026-2031)
4.2.2 Global Geothermal Power Revenue Forecast by Application (2026-2031)
4.2.3 Global Geothermal Power Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in Geothermal Power Application
5 Competition Landscape by Players
5.1 Global Geothermal Power Sales by Players (2020-2025)
5.2 Global Top Geothermal Power Players by Revenue (2020-2025)
5.3 Global Geothermal Power Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Geothermal Power as of 2024)
5.4 Global Geothermal Power Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of Geothermal Power, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Geothermal Power, Product Type & Application
5.7 Global Key Manufacturers of Geothermal Power, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Âé¶¹Ô´´: Players, Segments, Downstream and Major Customers
6.1.1 North America Geothermal Power Sales by Company
6.1.1.1 North America Geothermal Power Sales by Company (2020-2025)
6.1.1.2 North America Geothermal Power Revenue by Company (2020-2025)
6.1.2 North America Geothermal Power Sales Breakdown by Type (2020-2025)
6.1.3 North America Geothermal Power Sales Breakdown by Application (2020-2025)
6.1.4 North America Geothermal Power Major Customer
6.1.5 North America Âé¶¹Ô´´ Trend and Opportunities
6.2 Europe Âé¶¹Ô´´: Players, Segments, Downstream and Major Customers
6.2.1 Europe Geothermal Power Sales by Company
6.2.1.1 Europe Geothermal Power Sales by Company (2020-2025)
6.2.1.2 Europe Geothermal Power Revenue by Company (2020-2025)
6.2.2 Europe Geothermal Power Sales Breakdown by Type (2020-2025)
6.2.3 Europe Geothermal Power Sales Breakdown by Application (2020-2025)
6.2.4 Europe Geothermal Power Major Customer
6.2.5 Europe Âé¶¹Ô´´ Trend and Opportunities
6.3 Southeast Asia Âé¶¹Ô´´: Players, Segments, Downstream and Major Customers
6.3.1 Southeast Asia Geothermal Power Sales by Company
6.3.1.1 Southeast Asia Geothermal Power Sales by Company (2020-2025)
6.3.1.2 Southeast Asia Geothermal Power Revenue by Company (2020-2025)
6.3.2 Southeast Asia Geothermal Power Sales Breakdown by Type (2020-2025)
6.3.3 Southeast Asia Geothermal Power Sales Breakdown by Application (2020-2025)
6.3.4 Southeast Asia Geothermal Power Major Customer
6.3.5 Southeast Asia Âé¶¹Ô´´ Trend and Opportunities
6.4 Mexico Âé¶¹Ô´´: Players, Segments, Downstream and Major Customers
6.4.1 Mexico Geothermal Power Sales by Company
6.4.1.1 Mexico Geothermal Power Sales by Company (2020-2025)
6.4.1.2 Mexico Geothermal Power Revenue by Company (2020-2025)
6.4.2 Mexico Geothermal Power Sales Breakdown by Type (2020-2025)
6.4.3 Mexico Geothermal Power Sales Breakdown by Application (2020-2025)
6.4.4 Mexico Geothermal Power Major Customer
6.4.5 Mexico Âé¶¹Ô´´ Trend and Opportunities
7 Company Profiles and Key Figures
7.1 Energy Development
7.1.1 Energy Development Company Information
7.1.2 Energy Development Business Overview
7.1.3 Energy Development Geothermal Power Sales, Revenue and Gross Margin (2020-2025)
7.1.4 Energy Development Geothermal Power Products Offered
7.1.5 Energy Development Recent Development
7.2 Comisión Federal de Electricidad
7.2.1 Comisión Federal de Electricidad Company Information
7.2.2 Comisión Federal de Electricidad Business Overview
7.2.3 Comisión Federal de Electricidad Geothermal Power Sales, Revenue and Gross Margin (2020-2025)
7.2.4 Comisión Federal de Electricidad Geothermal Power Products Offered
7.2.5 Comisión Federal de Electricidad Recent Development
7.3 Ormat
7.3.1 Ormat Company Information
7.3.2 Ormat Business Overview
7.3.3 Ormat Geothermal Power Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Ormat Geothermal Power Products Offered
7.3.5 Ormat Recent Development
7.4 Enel Green Power
7.4.1 Enel Green Power Company Information
7.4.2 Enel Green Power Business Overview
7.4.3 Enel Green Power Geothermal Power Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Enel Green Power Geothermal Power Products Offered
7.4.5 Enel Green Power Recent Development
7.5 Calpine
7.5.1 Calpine Company Information
7.5.2 Calpine Business Overview
7.5.3 Calpine Geothermal Power Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Calpine Geothermal Power Products Offered
7.5.5 Calpine Recent Development
7.6 KenGen
7.6.1 KenGen Company Information
7.6.2 KenGen Business Overview
7.6.3 KenGen Geothermal Power Sales, Revenue and Gross Margin (2020-2025)
7.6.4 KenGen Geothermal Power Products Offered
7.6.5 KenGen Recent Development
7.7 Pertamina Geothermal Energy
7.7.1 Pertamina Geothermal Energy Company Information
7.7.2 Pertamina Geothermal Energy Business Overview
7.7.3 Pertamina Geothermal Energy Geothermal Power Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Pertamina Geothermal Energy Geothermal Power Products Offered
7.7.5 Pertamina Geothermal Energy Recent Development
7.8 Contact Energy
7.8.1 Contact Energy Company Information
7.8.2 Contact Energy Business Overview
7.8.3 Contact Energy Geothermal Power Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Contact Energy Geothermal Power Products Offered
7.8.5 Contact Energy Recent Development
7.9 Orkuveita Reykjavikur
7.9.1 Orkuveita Reykjavikur Company Information
7.9.2 Orkuveita Reykjavikur Business Overview
7.9.3 Orkuveita Reykjavikur Geothermal Power Sales, Revenue and Gross Margin (2020-2025)
7.9.4 Orkuveita Reykjavikur Geothermal Power Products Offered
7.9.5 Orkuveita Reykjavikur Recent Development
7.10 Star Energy Ltd
7.10.1 Star Energy Ltd Company Information
7.10.2 Star Energy Ltd Business Overview
7.10.3 Star Energy Ltd Geothermal Power Sales, Revenue and Gross Margin (2020-2025)
7.10.4 Star Energy Ltd Geothermal Power Products Offered
7.10.5 Star Energy Ltd Recent Development
7.11 Berkshire Hathaway Energy
7.11.1 Berkshire Hathaway Energy Company Information
7.11.2 Berkshire Hathaway Energy Business Overview
7.11.3 Berkshire Hathaway Energy Geothermal Power Sales, Revenue and Gross Margin (2020-2025)
7.11.4 Berkshire Hathaway Energy Geothermal Power Products Offered
7.11.5 Berkshire Hathaway Energy Recent Development
7.12 Northern California Power Agency
7.12.1 Northern California Power Agency Company Information
7.12.2 Northern California Power Agency Business Overview
7.12.3 Northern California Power Agency Geothermal Power Sales, Revenue and Gross Margin (2020-2025)
7.12.4 Northern California Power Agency Geothermal Power Products Offered
7.12.5 Northern California Power Agency Recent Development
7.13 HS Orka
7.13.1 HS Orka Company Information
7.13.2 HS Orka Business Overview
7.13.3 HS Orka Geothermal Power Sales, Revenue and Gross Margin (2020-2025)
7.13.4 HS Orka Geothermal Power Products Offered
7.13.5 HS Orka Recent Development
7.14 Cyrq Energy
7.14.1 Cyrq Energy Company Information
7.14.2 Cyrq Energy Business Overview
7.14.3 Cyrq Energy Geothermal Power Sales, Revenue and Gross Margin (2020-2025)
7.14.4 Cyrq Energy Geothermal Power Products Offered
7.14.5 Cyrq Energy Recent Development
8 Geothermal Power Manufacturing Cost Analysis
8.1 Geothermal Power Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Geothermal Power
8.4 Geothermal Power Industrial Chain Analysis
9 Âé¶¹Ô´´ing Channel, Distributors and Customers
9.1 Âé¶¹Ô´´ing Channel
9.2 Geothermal Power Distributors List
9.3 Geothermal Power Customers
10 Geothermal Power Âé¶¹Ô´´ Dynamics
10.1 Geothermal Power Industry Trends
10.2 Geothermal Power Âé¶¹Ô´´ Drivers
10.3 Geothermal Power Âé¶¹Ô´´ Challenges
10.4 Geothermal Power Âé¶¹Ô´´ Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Âé¶¹Ô´´ Size Estimation
12.1.1.3 Âé¶¹Ô´´ Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
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
Ìý
Ìý
*If Applicable.