This market report is the utmost comprehensive review of the global Geothermal Energy market available today. It is considered the industry's Gold Standard for Geothermal Energy market research reports. This report aims to provide today's strategic decision-makers with an expert 360-degree, time-sensitive, detailed view of this interconnected market.
With 308 pages, 93 tables and 181 figures, the Geothermal Energy Market (with COVID-19 & COP26 Impacts) & Technologies - 2022-2032 report contains a thorough analysis of 8 vertical, 8 technology sectors, five regional, 56 national and 5 revenue source markets, detailing 2018-2032 market size.
According to the COP26 updated report, after 20 years of low (up to 4.5%) annual growth rates, the market will boost unprecedented 2020-2032 two-digit CAGR This remarkable growth is attributed to three key factors:
Enhanced Geothermal System (EGS). Driven by the oil and gas companies, EGS technologies will mature within a few years, developing cost-effective EGS technology and proliferating the EGS into new geographic regions that non-ESG couldn't use.
Direct Geothermal. Buildings' direct heating and cooling (with and without heat pumps) are driven by governments to lower emissions footprint. The number of Direct Geothermal installations are forecasted to grow from 2.5 million by 2020 to more than 35 million by 2032.
Rising coal, gas and oil prices.
Other drivers:
Government R&D, project financing & subsidies,
Geothermal technology is renewable, reliable and it provides a baseload Geothermal running 24 / 7 to the electric grid regardless of weather conditions,
Geothermal energy plants' footprint per GWh is less than 0.1% of Wind or Solar-PV footprint,
Decarbonization is crucial to climate stabilization.
Companies Mentioned
Alstom
Ansaldo Energia
BDR Thermea
Bosch Thermotechnology
Carrier
Fuji Electric
General Electric
Mitsubishi Electric
Mitsubishi Heavy Industry
Modine
Nibe Industrier
OCHSNER Warmepumpen
Ormat
Stiebel Eltron
Toshiba
Trane
Vaillant
Viessmann
Key Topics Covered:
1 Executive Summary 1.1 Key Findings 1.2 Key Conclusions 1.3 Global Geothermal Energy Market Research Vectors 1.4 Global Geothermal Energy Market - 2018-2032 1.4.1 Markets: By Applications 1.4.2 Technology Markets 1.4.3 Market by Revenue Source 1.4.4 Regional Markets 1.4.5 National Markets
7 Global Geothermal Energy Technology Markets 7.1 Geothermal Energy Market Size by Technology - 2018-2032 7.2 Global Market Breakdown by Technology - 2018-2032
8 Enhanced Geothermal Systems (EGS) Market - 2018-2032 8.1 Enhanced Geothermal Systems (EGS) Market Background 8.2 Global Enhanced Geothermal Systems (EGS) Market - 2018-2032
9 Binary Cycle Power Generation Market - 2018-2032 9.1 Binary Cycle Power Generation Market Background 9.1.1 Introduction 9.1.2 Binary Cycle Technologies 9.1.2.1 Rankine Vapor Cycle 9.1.2.2 Dual Pressure 9.1.2.3 Dual Fluid 9.2 Global Binary Cycle Power Generation Market - 2018-2032
10 Dry Steam Power Generation Market - 2018-2032 10.1 Dry Steam Power Generation Market Background 10.2 Global Dry Steam Power Generation Market - 2018-2032
11 Flash Steam Power Generation Market - 2018-2032 11.1 Flash Steam Power Generation Market Background 11.2 Global Flash Steam Power Generation Market - 2018-2032
12 Geothermal Deep Learning & AI Market - 2018-2032 12.1 Geothermal Deep Learning & AI Market Background 12.2 Global Geothermal Deep Learning & AI Market - 2018-2032
15 Other Geothermal Technologies Market - 2018-2032
16 Global Geothermal Energy Market by Application 16.1 Geothermal Energy Market Size by Application - 2018-2032 16.2 Global Market Breakdown by Application - 2018-2032
17 Geothermal Residential & District Heating & Cooling Market - 2018-2032 17.1 Residential & District Heating & Cooling Geothermal Energy Market Background 17.1.1 Introduction 17.1.2 Geothermal Heat Pumps 17.1.3 Present Status of Geothermal HAVC 17.1.4 District Heating & Cooling (DHC) Systems 17.1.5 Geothermal Cooling & Heating Market: Inhibitors 17.1.6 Geothermal Heating Proliferation 17.1.7 Geothermal Heat Pump Efficiency 17.1.8 Direct Geothermal Heat 17.1.9 Geothermal Heating & Cooling: Market Drivers 17.2 Global Residential & District Heating & Cooling Geothermal Energy Market - 2018-2032 17.2.1 Residential & District Heating & Cooling Market Size - 2018-2032
18 Citywide Heating & Cooling Geothermal Energy Market - 2018-2032 18.1 Citywide Heating & Cooling Geothermal Energy Market Background 18.2 Global Citywide Heating & Cooling Geothermal Energy Market - 2018-2032
20 Agriculture Heating & Cooling Geothermal Energy Market - 2018-2032 20.1 Agriculture Heating & Cooling Geothermal Energy Market Background 20.1.1 Introduction 20.1.2 Geothermal Drying Agricultural Products 20.1.3 Geothermal Greenhouse Heating 20.1.4 Geothermal Fluid Systems 20.1.5 Geothermal Soil Heating 20.1.6 Geothermal Aqua Culture 20.1.7 Geothermal Fish Farming 20.1.8 Geothermal ALGAE Cultivation 20.1.9 Geothermal Food drying 20.1.10 Geothermal Milk Pasteurization 20.1.11 Irrigation Using Geothermal Water 20.2 Global Geothermal Agriculture Heating & Cooling Market - 2018-2032
21 Industrial & Commercial Power Generation Geothermal Energy Market - 2018-2032 21.1 Industrial & Commercial Power Generation Geothermal Energy Market Background 21.2 Global Geothermal Industrial & Commercial Power Generation Market - 2018-2032
22 Electric Grid Geothermal Energy Market - 2018-2032 22.1 Global Geothermal Electric Grid Market - 2018-2032
23 Geothermal Desalination Geothermal Energy Market - 2018-2032 23.1 Geothermal Desalination Geothermal Energy Market Background 23.2 Global Geothermal Desalination Geothermal Energy Market - 2018-2032
24 Other Geothermal Energy Applications Market - 2018-2032 24.1 Global Other Applications Geothermal Energy Market - 2018-2032 24.1.1 Other Applications Market Size - 2018-2032
25 Global Geothermal Energy Market by Revenue Source 25.1 Global Geothermal Energy Market by Revenue Source 2018-2032 25.2 Global Geothermal Energy Market Share by Revenue Source - 2018-2032