Geothermal Power Market (Updated Version Available)

The report offers detailed coverage of Geothermal Power industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Geothermal Power by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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.

At present there are no economic incentives for geothermal development in Mexico. As mentioned above, power generation with geothermal energy is considered conventional in Mexico, and thus it is set to compete under the same bases as fossil-fuel, conventional hydro and nuclear technologies. Therefore, it is fair to say that the main constraint for further geothermal development in this country is its economic disadvantage against modern fossil-fuel generation technologies.
An encouraging sign regarding geothermal development in Mexico is the fact that, for the first time, a private investor has carried out exploration and drilling activities. However, no information has been disclosed, presumably because there are unresolved legal issues that prevent the developer from effectively protecting its investment.

The report forecast global Geothermal Power market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

First, this report covers the present status and the future prospects of the global Geothermal Power market for 2015-2027.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Mitsubishi
Ormat
Toshiba
Fuji
Alstom
General Electric

At the same time, we classify Geothermal Power according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Dry Steam Stations
Flash Steam Power Stations
Binary Cycle Stations
Market by Application
Application I
Application II

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Geothermal Power market for the forecast period 2021 - 2027?
• What are the driving forces in the Geothermal Power market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Geothermal Power industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?