Global Geothermal Energy Supply, Demand and Key Producers, 2026-2032
1 Supply Summary
- 1.1 Geothermal Energy Introduction
- 1.2 World Geothermal Energy Market Size & Forecast (2021 & 2025 & 2032)
- 1.3 World Geothermal Energy Total Market by Region (by Headquarter Location)
- 1.3.1 World Geothermal Energy Market Size by Region (2021-2032), (by Headquarter Location)
- 1.3.2 United States Based Company Geothermal Energy Revenue (2021-2032)
- 1.3.3 China Based Company Geothermal Energy Revenue (2021-2032)
- 1.3.4 Europe Based Company Geothermal Energy Revenue (2021-2032)
- 1.3.5 Japan Based Company Geothermal Energy Revenue (2021-2032)
- 1.3.6 South Korea Based Company Geothermal Energy Revenue (2021-2032)
- 1.3.7 ASEAN Based Company Geothermal Energy Revenue (2021-2032)
- 1.3.8 India Based Company Geothermal Energy Revenue (2021-2032)
- 1.4 Market Drivers, Restraints and Trends
- 1.4.1 Geothermal Energy Market Drivers
- 1.4.2 Factors Affecting Demand
- 1.4.3 Major Market Trends
2 Demand Summary
- 2.1 World Geothermal Energy Consumption Value (2021-2032)
- 2.2 World Geothermal Energy Consumption Value by Region
- 2.2.1 World Geothermal Energy Consumption Value by Region (2021-2026)
- 2.2.2 World Geothermal Energy Consumption Value Forecast by Region (2027-2032)
- 2.3 United States Geothermal Energy Consumption Value (2021-2032)
- 2.4 China Geothermal Energy Consumption Value (2021-2032)
- 2.5 Europe Geothermal Energy Consumption Value (2021-2032)
- 2.6 Japan Geothermal Energy Consumption Value (2021-2032)
- 2.7 South Korea Geothermal Energy Consumption Value (2021-2032)
- 2.8 ASEAN Geothermal Energy Consumption Value (2021-2032)
- 2.9 India Geothermal Energy Consumption Value (2021-2032)
3 World Geothermal Energy Companies Competitive Analysis
- 3.1 World Geothermal Energy Revenue by Player (2021-2026)
- 3.2 Industry Rank and Concentration Rate (CR)
- 3.2.1 Global Geothermal Energy Industry Rank of Major Players
- 3.2.2 Global Concentration Ratios (CR4) for Geothermal Energy in 2025
- 3.2.3 Global Concentration Ratios (CR8) for Geothermal Energy in 2025
- 3.3 Geothermal Energy Company Evaluation Quadrant
- 3.4 Geothermal Energy Market: Overall Company Footprint Analysis
- 3.4.1 Geothermal Energy Market: Region Footprint
- 3.4.2 Geothermal Energy Market: Company Product Type Footprint
- 3.4.3 Geothermal Energy Market: Company Product Application Footprint
- 3.5 Competitive Environment
- 3.5.1 Historical Structure of the Industry
- 3.5.2 Barriers of Market Entry
- 3.5.3 Factors of Competition
- 3.6 Mergers & Acquisitions Activity
4 United States VS China VS Rest of World (by Headquarter Location)
- 4.1 United States VS China: Geothermal Energy Revenue Comparison (by Headquarter Location)
- 4.1.1 United States VS China: Geothermal Energy Revenue Comparison (2021 & 2025 & 2032) (by Headquarter Location)
- 4.1.2 United States VS China: Geothermal Energy Revenue Market Share Comparison (2021 & 2025 & 2032)
- 4.2 United States Based Companies VS China Based Companies: Geothermal Energy Consumption Value Comparison
- 4.2.1 United States VS China: Geothermal Energy Consumption Value Comparison (2021 & 2025 & 2032)
- 4.2.2 United States VS China: Geothermal Energy Consumption Value Market Share Comparison (2021 & 2025 & 2032)
- 4.3 United States Based Geothermal Energy Companies and Market Share, 2021-2026
- 4.3.1 United States Based Geothermal Energy Companies, Headquarters (States, Country)
- 4.3.2 United States Based Companies Geothermal Energy Revenue, (2021-2026)
- 4.4 China Based Companies Geothermal Energy Revenue and Market Share, 2021-2026
- 4.4.1 China Based Geothermal Energy Companies, Company Headquarters (Province, Country)
- 4.4.2 China Based Companies Geothermal Energy Revenue, (2021-2026)
- 4.5 Rest of World Based Geothermal Energy Companies and Market Share, 2021-2026
- 4.5.1 Rest of World Based Geothermal Energy Companies, Headquarters (Province, Country)
- 4.5.2 Rest of World Based Companies Geothermal Energy Revenue (2021-2026)
5 Market Analysis by Type
- 5.1 World Geothermal Energy Market Size Overview by Type: 2021 VS 2025 VS 2032
- 5.2 Segment Introduction by Type
- 5.2.1 Hydrothermal Geothermal Energy
- 5.2.2 Hot Dry Rock Geothermal Energy
- 5.3 Market Segment by Type
- 5.3.1 World Geothermal Energy Market Size by Type (2021-2026)
- 5.3.2 World Geothermal Energy Market Size by Type (2027-2032)
- 5.3.3 World Geothermal Energy Market Size Market Share by Type (2027-2032)
6 Market Analysis by Application
- 6.1 World Geothermal Energy Market Size Overview by Application: 2021 VS 2025 VS 2032
- 6.2 Segment Introduction by Application
- 6.2.1 Direct Use
- 6.2.2 Geothermal Power
- 6.3 Market Segment by Application
- 6.3.1 World Geothermal Energy Market Size by Application (2021-2026)
- 6.3.2 World Geothermal Energy Market Size by Application (2027-2032)
- 6.3.3 World Geothermal Energy Market Size Market Share by Application (2021-2032)
7 Company Profiles
- 7.1 Energy Development
- 7.1.1 Energy Development Details
- 7.1.2 Energy Development Major Business
- 7.1.3 Energy Development Geothermal Energy Product and Services
- 7.1.4 Energy Development Geothermal Energy Revenue, Gross Margin and Market Share (2021-2026)
- 7.1.5 Energy Development Recent Developments/Updates
- 7.1.6 Energy Development Competitive Strengths & Weaknesses
- 7.2 Comisión Federal de Electricidad
- 7.2.1 Comisión Federal de Electricidad Details
- 7.2.2 Comisión Federal de Electricidad Major Business
- 7.2.3 Comisión Federal de Electricidad Geothermal Energy Product and Services
- 7.2.4 Comisión Federal de Electricidad Geothermal Energy Revenue, Gross Margin and Market Share (2021-2026)
- 7.2.5 Comisión Federal de Electricidad Recent Developments/Updates
- 7.2.6 Comisión Federal de Electricidad Competitive Strengths & Weaknesses
- 7.3 Ormat
- 7.3.1 Ormat Details
- 7.3.2 Ormat Major Business
- 7.3.3 Ormat Geothermal Energy Product and Services
- 7.3.4 Ormat Geothermal Energy Revenue, Gross Margin and Market Share (2021-2026)
- 7.3.5 Ormat Recent Developments/Updates
- 7.3.6 Ormat Competitive Strengths & Weaknesses
- 7.4 Enel Green Power
- 7.4.1 Enel Green Power Details
- 7.4.2 Enel Green Power Major Business
- 7.4.3 Enel Green Power Geothermal Energy Product and Services
- 7.4.4 Enel Green Power Geothermal Energy Revenue, Gross Margin and Market Share (2021-2026)
- 7.4.5 Enel Green Power Recent Developments/Updates
- 7.4.6 Enel Green Power Competitive Strengths & Weaknesses
- 7.5 Calpine
- 7.5.1 Calpine Details
- 7.5.2 Calpine Major Business
- 7.5.3 Calpine Geothermal Energy Product and Services
- 7.5.4 Calpine Geothermal Energy Revenue, Gross Margin and Market Share (2021-2026)
- 7.5.5 Calpine Recent Developments/Updates
- 7.5.6 Calpine Competitive Strengths & Weaknesses
- 7.6 KenGen
- 7.6.1 KenGen Details
- 7.6.2 KenGen Major Business
- 7.6.3 KenGen Geothermal Energy Product and Services
- 7.6.4 KenGen Geothermal Energy Revenue, Gross Margin and Market Share (2021-2026)
- 7.6.5 KenGen Recent Developments/Updates
- 7.6.6 KenGen Competitive Strengths & Weaknesses
- 7.7 Pertamina Geothermal Energy
- 7.7.1 Pertamina Geothermal Energy Details
- 7.7.2 Pertamina Geothermal Energy Major Business
- 7.7.3 Pertamina Geothermal Energy Geothermal Energy Product and Services
- 7.7.4 Pertamina Geothermal Energy Geothermal Energy Revenue, Gross Margin and Market Share (2021-2026)
- 7.7.5 Pertamina Geothermal Energy Recent Developments/Updates
- 7.7.6 Pertamina Geothermal Energy Competitive Strengths & Weaknesses
- 7.8 Contact Energy
- 7.8.1 Contact Energy Details
- 7.8.2 Contact Energy Major Business
- 7.8.3 Contact Energy Geothermal Energy Product and Services
- 7.8.4 Contact Energy Geothermal Energy Revenue, Gross Margin and Market Share (2021-2026)
- 7.8.5 Contact Energy Recent Developments/Updates
- 7.8.6 Contact Energy Competitive Strengths & Weaknesses
- 7.9 Orkuveita Reykjavikur
- 7.9.1 Orkuveita Reykjavikur Details
- 7.9.2 Orkuveita Reykjavikur Major Business
- 7.9.3 Orkuveita Reykjavikur Geothermal Energy Product and Services
- 7.9.4 Orkuveita Reykjavikur Geothermal Energy Revenue, Gross Margin and Market Share (2021-2026)
- 7.9.5 Orkuveita Reykjavikur Recent Developments/Updates
- 7.9.6 Orkuveita Reykjavikur Competitive Strengths & Weaknesses
- 7.10 Star Energy Ltd
- 7.10.1 Star Energy Ltd Details
- 7.10.2 Star Energy Ltd Major Business
- 7.10.3 Star Energy Ltd Geothermal Energy Product and Services
- 7.10.4 Star Energy Ltd Geothermal Energy Revenue, Gross Margin and Market Share (2021-2026)
- 7.10.5 Star Energy Ltd Recent Developments/Updates
- 7.10.6 Star Energy Ltd Competitive Strengths & Weaknesses
- 7.11 Berkshire Hathaway Energy
- 7.11.1 Berkshire Hathaway Energy Details
- 7.11.2 Berkshire Hathaway Energy Major Business
- 7.11.3 Berkshire Hathaway Energy Geothermal Energy Product and Services
- 7.11.4 Berkshire Hathaway Energy Geothermal Energy Revenue, Gross Margin and Market Share (2021-2026)
- 7.11.5 Berkshire Hathaway Energy Recent Developments/Updates
- 7.11.6 Berkshire Hathaway Energy Competitive Strengths & Weaknesses
- 7.12 Northern California Power Agency
- 7.12.1 Northern California Power Agency Details
- 7.12.2 Northern California Power Agency Major Business
- 7.12.3 Northern California Power Agency Geothermal Energy Product and Services
- 7.12.4 Northern California Power Agency Geothermal Energy Revenue, Gross Margin and Market Share (2021-2026)
- 7.12.5 Northern California Power Agency Recent Developments/Updates
- 7.12.6 Northern California Power Agency Competitive Strengths & Weaknesses
- 7.13 HS Orka
- 7.13.1 HS Orka Details
- 7.13.2 HS Orka Major Business
- 7.13.3 HS Orka Geothermal Energy Product and Services
- 7.13.4 HS Orka Geothermal Energy Revenue, Gross Margin and Market Share (2021-2026)
- 7.13.5 HS Orka Recent Developments/Updates
- 7.13.6 HS Orka Competitive Strengths & Weaknesses
- 7.14 Cyrq Energy
- 7.14.1 Cyrq Energy Details
- 7.14.2 Cyrq Energy Major Business
- 7.14.3 Cyrq Energy Geothermal Energy Product and Services
- 7.14.4 Cyrq Energy Geothermal Energy Revenue, Gross Margin and Market Share (2021-2026)
- 7.14.5 Cyrq Energy Recent Developments/Updates
- 7.14.6 Cyrq Energy Competitive Strengths & Weaknesses
8 Industry Chain Analysis
- 8.1 Geothermal Energy Industry Chain
- 8.2 Geothermal Energy Upstream Analysis
- 8.3 Geothermal Energy Midstream Analysis
- 8.4 Geothermal Energy Downstream Analysis
9 Research Findings and Conclusion
10 Appendix
- 10.1 Methodology
- 10.2 Research Process and Data Source
The global Geothermal Energy market size is expected to reach $ 247080 million by 2032, rising at a market growth of 7.1% CAGR during the forecast period (2026-2032).
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In terms of type, there are two types of geothermal energy: hydrothermal geothermal energy and hot dry rock geothermal energy, of which the hot dry rock geothermal energy holds the biggest share over 90%. And in terms of application, direct use and geothermal power are the main applications of geothermal energy.The direct use is the largest application that holds a share about 87%. The main players are Energy Development, misión Federal de Electricidad and Ormat, etc.
This report studies the global Geothermal Energy demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Geothermal Energy, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Geothermal Energy that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Geothermal Energy total market, 2021-2032, (USD Million)
Global Geothermal Energy total market by region & country, CAGR, 2021-2032, (USD Million)
U.S. VS China: Geothermal Energy total market, key domestic companies, and share, (USD Million)
Global Geothermal Energy revenue by player, revenue and market share 2021-2026, (USD Million)
Global Geothermal Energy total market by Type, CAGR, 2021-2032, (USD Million)
Global Geothermal Energy total market by Application, CAGR, 2021-2032, (USD Million)
This report profiles major players in the global Geothermal Energy market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Energy Development, Comisión Federal de Electricidad, Ormat, Enel Green Power, Calpine, KenGen, Pertamina Geothermal Energy, Contact Energy, Orkuveita Reykjavikur, Star Energy Ltd, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Geothermal Energy market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Geothermal Energy Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Geothermal Energy Market, Segmentation by Type:
Hydrothermal Geothermal Energy
Hot Dry Rock Geothermal Energy
Global Geothermal Energy Market, Segmentation by Application:
Direct Use
Geothermal Power
Companies Profiled:
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
Key Questions Answered
1. How big is the global Geothermal Energy market?
2. What is the demand of the global Geothermal Energy market?
3. What is the year over year growth of the global Geothermal Energy market?
4. What is the total value of the global Geothermal Energy market?
5. Who are the Major Players in the global Geothermal Energy market?
6. What are the growth factors driving the market demand?