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The geothermal energy power equipment market is forecasted to grow by USD 1.39 billion during 2024-2029, accelerating at a CAGR of 6.2% during the forecast period. The report on the geothermal energy power equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by focus on capacity additions, government initiatives, and rising demand for electricity.
The geothermal energy power equipment market is segmented as below:
By Type
- Turbines
- Generators
- Heat exchangers
- Others
By Application
- Electricity generation
- District heating
- Industrial heating
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the geothermal energy power equipment market covers the following areas:
- Geothermal Energy Power Equipment Market sizing
- Geothermal Energy Power Equipment Market forecast
- Geothermal Energy Power Equipment Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Application
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global geothermal energy power equipment market: Ansaldo Energia Spa, Baker Hughes Co., ElectraTherm Inc, Enel SPA, ERGIL, EthosEnergy Group Ltd., First Gen Corp, Fuji Electric Co. Ltd., Hitachi Ltd., Holtec International, Mitsubishi Gas Chemical Co. Inc., Ormat Technologies Inc., Schlumberger Ltd., TAS Energy Inc., Toshiba Corp., Turboden SpA, and Zenith Energy Pty Ltd.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is integration of ai and iot."
According to the report, one of the major drivers for this market is the focus on capacity additions.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ansaldo Energia Spa
- Baker Hughes Co.
- ElectraTherm Inc
- Enel SPA
- ERGIL
- EthosEnergy Group Ltd.
- First Gen Corp
- Fuji Electric Co. Ltd.
- Hitachi Ltd.
- Holtec International
- Mitsubishi Gas Chemical Co. Inc.
- Ormat Technologies Inc.
- Schlumberger Ltd.
- TAS Energy Inc.
- Toshiba Corp.
- Turboden SpA
- Zenith Energy Pty Ltd
