openPR Logo
Press release

Geothermal Power Generation Market - Global Industry Analysis 2019 | Research Report

06-09-2017 05:58 PM CET | Energy & Environment

Press release from: Transparency Market Research-Energy

Geothermal Power Generation Market - Global Industry Analysis

The global market for geothermal power generation is likely to advance at a promising pace, thanks to the increasing bulk of investments and enhancement of production capacities. Geothermal power production uses the steam generated from hot water reservoirs that are found some miles below the surface of the earth, in order to produce electricity. The steam propels a turbine to activate a generator, thereby producing electricity. The findings of the report by Transparency Market Research (TMR) reveal that by 2019 the global market for geothermal power generation is expected to attain a revenue worth US$8.9 bn, expanding at an exceptional CAGR of 23.58% during the forecast period 2013-2019.

This 147 page report gives readers a comprehensive overview of the Geothermal Power Generation Market . Browse through to unlock the hidden opportunities in this market @

Q. Which technologies are slated to contribute significant revenue to the global geothermal power generation market?

By technology, the global market for geothermal power generation has been segmented into flash steam, dry steam, and binary cycle. The increasing acceptance of these geothermal power generation technologies across the total energy sector has been assisting the development of the market. Of these major technologies, flash steam is expected to lead the global market for geothermal power generation over the next few years. Moreover, the increasing demand witnessed by the binary cycle power plants worldwide is likely to place this segment among the leading segments as well.

Q. What are the key catalysts and deterrents of the global market for geothermal power generation?

The cost efficient tariff rates alongside improved scalability have been some primary propellants of the global market for geothermal power generation. The environmental advantages such as GHG emissions offered by geothermal power is perhaps one of the foremost factors inspiring the adoption of this technology. Moreover, the growth of the market for geothermal power is being accelerated by greater capacity utilization as well as promised stability of power supply. On the other hand, the emission-related problems, high investments, and limited access to raw materials can restrict the expansion of the global market for geothermal power generation.

Get accurate market forecast and analysis on the Geothermal Power Generation Market . Request a sample to stay abreast on the key trends impacting this market @

Q. Which regional segments bear maximum growth opportunities in the global geothermal power generation market?

Of the key regional segments, Asia Pacific and North America have emerged as the most significant market segments. The increasing demand for binary cycle power plants in North America is responsible for the outstanding expansion of this regional market. Developing countries in Asia Pacific, Latin America, and South Africa have been establishing new geothermal power generation plants. Indonesia, India, China, Thailand, Ethiopia, and Kenya are likely to become the key contributors. For instance, Malaysia is awaiting the establishment of its premier power plant which is expected to be come on steam by the end of 2019. Located in Tawau, the private project is undertaken by Tawau Green Technology Sdn Bhd, reported the Malaysian Minister for Energy, Green Technology, and Water.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.


Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Geothermal Power Generation Market - Global Industry Analysis 2019 | Research Report here

News-ID: 572795 • Views: 450

More Releases from Transparency Market Research-Energy

Titanium Diboride Market
Titanium diboride is a part of metallic hard materials group. It is widely known for its extreme hardness and its composition. It is composed of boron and titanium that are known for its resistance to mechanical erosion. It is also known to be a reasonable electrical conductor and therefore has application as a cathode material in aluminum smelting. It can also be shaped by electrical discharge machining. Titanium diboride is
Static VAR Generator Market Projected to Grow at Steady Rate through 2025
Static VAR (Volt-Ampere Reactive) Generator which is also called high-voltage dynamic responsive power gadget & static synchronous compensator, performs dynamic power compensation with the help of reactive power compensation by a self-commutated control semiconductor connect inverter. Power quality has critical effect on power efficiency of static VAR generator. Good power quality lessens the vitality of energy loss and expands equipment lifespan for lower cost of static VAR generator. Various industries are
Torque Limiter Market Assessment and Forecast Report by Transparency Market Rese …
Torque Limiter Market: Overview A torque limiter is a device that automatically shields mechanical equipment and its work from being damaged because of mechanical overload. It is possible for the torque limiter either uncouple the load completely (shear pin) or simply limit torque by slippage. A torque limiter is particularly useful to reduce damage caused by crash jams and stops. Torque limiters could either be packaged as a hub for sheave
Stormwater Treatment Systems Market Set to Witness Steady Growth through 2017-20 …
Global Stormwater Treatment Systems Market: Overview Stormwater originates during ice melts and precipitation events. It can run off or be held on the surface eventually getting evaporated or soak into the soil (called infiltration). Stormwater treatment means the removal of toxins and pollutants from the water. Running stormwater is a major source of pollution. The increased flow of stormwater can encourage weed

All 5 Releases

More Releases for Geothermal

Geothermal Energy Market a Comprehensive Analysis | Key Players - U.S. Geotherma …
Increasing energy demand from heating & cooling systems including ground source heat pump and district heating will positively drive the geothermal energy market. Favorable legislations to reduce GHG emissions will further stimulate demand. The EU has introduced several action plans and framework including Paris Climate agreement and 2030 climate and energy framework with an aim to reduce the emissions to 47% from 1990 level. Directive also focusses to increase sustainable
Global Geothermal Heat Pump Market 2017 : Carrier, Maritime Geothermal, York Geo …
A market study based on the "Geothermal Heat Pump Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Geothermal Heat Pump Market 2017’. The research report analyses the historical as well as present performance of the worldwide Geothermal Heat Pump industry, and makes predictions on the future status of Geothermal Heat Pump market on the basis of this analysis. Get Free Sample Copy of Report
Global Geothermal Heat Pump Market 2017 - Carrier, WaterFurnace International, E …
Global Geothermal Heat Pump Market 2017, presents a professional and in-depth study on the current state of the Geothermal Heat Pump market globally, providing basic overview of Geothermal Heat Pump market including definitions, classifications, applications and industry chain structure, Geothermal Heat Pump Market report provides development policies and plans are discussed as well as manufacturing processes and cost structures. Global Geothermal Heat Pump Industry 2017 is a comprehensive, professional report delivering
Global Geothermal Power Market Research Report 2016
Summary This report studies Geothermal Power in Global market, especially in North America, Europe, China, Japan, Latin America and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Baker Hughes Inc. ALSTOM SA Altarock Energy Inc. Calpine Corp Climatemaster Inc. Contact Energy Ltd Get Sample Report @ Ente Nazionale Per L’Energia Elettrica SPA Exorka GmbH First Gen Corp Florida Heat Pumps Geodynamics Ltd. Iceland America Energy Inc. Geoglobal Energy LLC MAGMA Energy Corp MANNVIT REYKJAVIK Nevada
Brady Adds to Geothermal Team
RALEIGH, N.C. (November 23, 2010) — Brady (, a company that provides energy systems and comprehensive building solutions for commercial and industrial facilities across North Carolina, announces today Tony Dillon has earned certification from the International Ground Source Heat Pump Association. “The efficiency and utility savings realized by the use of geothermal technology has made this a desirable solution for the operation of commercial buildings,” says Randy Katz, Raleigh general
International Geothermal Conference showed sustained interest in deep geothermal …
Freiburg has been once again the meeting point for the geothermal sector: Around 230 experts from Germany and abroad met for two days in the framework of the 6th International Geothermal Conference for discussions on current challenges and the future of the geothermal sector. Almost 50 speakers provided information about topics such as exploitation of geothermal reservoirs, power plant technology, geothermal energy for municipal power supply, financing and seismicity. In