Call +1(917) 993 7467 or connect with one of our experts to get full access to the most comprehensive and verified construction projects happening in your area. Close Section
Global Geothermal Energy Market Outlook to 2028

Global Geothermal Energy Market Outlook to 2028

Market Research Reports | Q1 2024 | Report ID: BR0193

About the Report

Only five countries produce above 1 GW of geothermal energy, out of which US comes 1st with a capacity of 3653 MW as of 2018, and 913 MW proposed to install by 2022. Constant availability of energy is a significant advantage in Geothermal energy. The unlimited flow of heat from the Earth ensures a continuous supply of energy for trillions of years to come; as a result, geothermal energy generation market is expected to grow at a high pace. Currently, the overutilization of non-renewable energy resources has led to the scarcity of fossil fuels and their extracts.


Governments across the world along with various bodies and regulatory committees, have formulated rules and regulations regarding harmless energy production as fossil fuels lead to increased carbon emissions, which contribute to air pollution and global warming. The regulations on energy production will further stimulate the use of renewable energy resources. Geothermal energy is also used for heating and cooling purposes of large infrastructural buildings, which acts as a contribution to the market growth.


However, the high installation costs (exploration and drilling costs) of geothermal energy and the availability of the energy is limited to tectonically active areas, may become a restraint for the growth of the market hence underdeveloped and developing countries are not interested in these kinds of energy production due to low financial capability.


Direct Dry Steam Plant, Flash Plant, Binary Plant and combined cycle plants are four types in Geothermal energy production. Out of this, 65% are flash plants which are primarily used to produce energy. Global tectonically active areas are in Indonesia, US and Philippines, but the Investor interest in Indonesia is more when compared to other countries, Indonesian Geothermal is expected to rise in near future crossing significant players globally.


The report provides a detailed analysis of the Global Geothermal Energy market, the present and the forecast of the market has been analysed from different sources. It provides a comprehensive market analysis along with the market share, market sizing, and market segmentation. It provides a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and detailed profiling and market analysis.

  Table of Contents

1. Executive Summary

2. Research Scope and Methodology

3. Market Analysis

  • 3.1 Introduction
  • 3.2 Market Dynamics
  • 3.3 Market Trends & Developments
  • 3.4 Market Opportunities
  • 3.5 Market Size and Forecast

4. Industry Analysis

  • 4.1 Supply Chain Analysis
  • 4.2 Porter’s Five Forces Analysis

5. Regional Market Analysis

  • 5.1 North America
  • 5.2 Europe
  • 5.3 Asia-Pacific
  • 5.4 South America
  • 5.5 Rest of the World

6. Key Company Profiles

  • 6.1 Advanced Solar LLC.
  • 6.2 Aboitiz Power Corporation
  • 6.3 Calpine Corporation
  • 6.4 Alpine Geothermal Drilling
  • 6.5 Ormat Technoologies Inc
  • 6.6 Enel Green power
  • 6.7 Comision Federal de Electricadad (CFE)
  • 6.8 Pertamina Geothermal Energy (PGE)
  • 6.9 Alterra Power
  • 6.10 Comision Federal de Electricadad (CFE)

7. Competitive Landscape

  • 7.1 List of Notable Players in the Market
  • 7.2 M&A, JV, and Agreements
  • 7.3 Market Share Analysis
  • 7.4 Strategies of Key Players

8. Conclusions and Recommendations

List of Tables & Figures


Additional Notes


  This report helps to:-

  • Form an idea about growth of Geothermal Energy market in various regions and segments
  • Forecast market sizes of Flash technology and other technologies
  • Understand the market dynamics and set targets for particular regions
  • Understand how the drivers and restraints will impact on the market
  • Defend your Market Share or Win Competitors
  • Know about Known and Unknown Factors Impacting the Geothermal Energy Market.


  Who need this report?

• Geothermal Infrastructure Manufacturers
• Emerging Geothermal countries 
• Geysers and steam turbine manufacturers
• Investor and Financing companies

  What's included

Report - Global Geothermal Energy Market Outlook to 2028.pdf
Market Data - Global Geothermal Energy Market Outlook to 2028.xls

  Why buy this report?

  • Gain a deeper understanding of the impact of Covid-19 on the <Global Geothermal Energy Market>.
  • Equip yourself with rigorous analysis and forward-looking insights into the <Global Geothermal Energy Market> across multiple regions.
  • Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development.
  • Assess market size data and forecasts to understand how the demand across various segments evolves over the next few years.
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities.
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players.
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position

  Want to know about Current Offers?

Offer 1 - Save with Multiple Purchases - Buy two reports or more and instantly save up to 15% off.

Offer 2 - Introductory offer for new customers - Flat 10% off on your first purchase.

To learn more about the report and our other current offers, contact us here or You can send an email to

  Analyst access from Blackridge Research

All report purchases come with up to 60 minutes of phone time with an expert analyst who will assist you in connecting the report's key findings to the business issues you're dealing with. This must be used within three months of the report's purchase.

The above telephone time is excluding the post-purchase analyst support for any queries that you may have up to one year.

  Free Report Customization

We offer free customization of value USD 1500 for every report that you purchase. Get in touch with us to know more about free customization and our exciting custom research services.

  Further information

If you have any questions about this market research study, please do not hesitate to contact our research team using the top Contact us button, or you may also reach out at or call one of our Business Development managers:

AMERICAS (USA): +1 (917) 993 7467

ASIA (India): +91 8500 460 460

  Common Questions

You can purchase the report directly by selecting the licence type above and paying with a credit or debit card. Please contact for other payment options.

We can provide quarterly and half yearly report updates. Please contact for more information.

Single User License
The Single User License will provide access to only one user.

Team User License
The Team License will provide access only up to 7 users. This is great for a team.

Corporate License
This Premium package is ideal for large companies. By having Corporate license, any employee of your organization or its subsidiaries can access the report. You will also receive free industry update after six months and also a white label powerpoint presentation.

Yes, if you'd like to select certain sections of the report, please contact

The report publication process involves several steps: Secondary Research, Discussion Guide Preparation, Primary Research (interviews, surveys, among others), Data Triangulation, Market Engineering, Data Validation, and Report Writing. One of the research specialists will explain the research process in detail. For more details about the report methodology, contact us at

If for any reason you're not satisfied with the report, just email us at We will make sure it's resolved!

We're here to help from day one, with 24/6 outstanding support. For report purchases, we will provide post-purchase analyst support for any queries that you may have related to report up to one year.

Got a Question?

Sujith will help you find what you are looking for.

Call: +1 (917) 993 7467
+91 8500 460 460


Haven’t found what you’re looking for?

More than 70% of our clients seek customized reports. Reach us out to get yours today!

Please Enter Business Email Address

By clicking "Submit" you are indicating that you have read and agree to be bound by the Blackridge Terms of Service and Privacy Policy .