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Geothermal Power Equipment Global Market Report 2025
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Global Geothermal Power Equipment Market Report 2025

Report Price : $4490.00

Pages : 175

Format : PDF

Published : December 2025

Delivery Time : 2-3 Business Days

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Geothermal Power Equipment Global Market Report 2025

By Type (Full-Flow Power Generation System, Dual Cycle Power Generation System), By Product (Transformers, Turbines, Separators, Generators, Condensers, Other Products), By Application (Space Heating, Aquaculture, Horticulture, Recreation, Other Applications) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Geothermal Power Equipment Market Overview

• Geothermal Power Equipment market size has reached to $27.91 billion in 2024

• Expected to grow to $37.43 billion in 2029 at a compound annual growth rate (CAGR) of 6%

• Growth Driver: Impact Of The Industrial Sector On The Geothermal Power Equipment Market

• Market Trend: Robinson Partners With Dandelion Energy To Offer Innovative Geothermal Heating and Cooling Solutions

• Asia-Pacific was the largest region in 2024.

What Is Covered Under Geothermal Power Equipment Market?

Geothermal power equipment refers to the machinery, devices, and infrastructure used to generate electricity from geothermal energy. Geothermal power harnesses the heat stored within the Earth's crust to produce electricity through various processes. This equipment encompasses a range of technologies and components designed to efficiently harness the Earth's natural heat for clean, renewable electricity generation.

The main types of geothermal power equipment are full-flow power generation systems and dual-cycle power generation systems. A dual-cycle power generation system is a type of power generation system that combines two different thermodynamic cycles to maximize efficiency and energy output. It includes a variety of products, such as transformers, turbines, separators, generators, condensers, and other products. Transformers are electrical devices used to transfer electrical energy between two or more circuits through electromagnetic induction and are used for various applications such as space heating, aquaculture, horticulture, recreation, and others.

Geothermal Power Equipment Market Size and growth rate 2025 to 2029: Graph

What Is The Geothermal Power Equipment Market Size 2025 And Growth Rate?

The geothermal power equipment market size has grown strongly in recent years. It will grow from $27.91 billion in 2024 to $29.67 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to government incentives and policies, rising energy demand, volatility in fossil fuel prices, energy security concerns, public awareness and acceptance.

What Is The Geothermal Power Equipment Market Growth Forecast?

The geothermal power equipment market size is expected to see strong growth in the next few years. It will grow to $37.43 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to climate change mitigation policies, climate change mitigation policies, investment in energy storage solutions, geothermal resource potential, volatility in fossil fuel prices. Major trends in the forecast period include advancements in drilling technology, modular power plants, digitalization and remote monitoring, decentralized energy solutions, and product innovations.

The forecast of 6.0% growth over the next five years reflects a modest reduction of 0.4% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through higher installation and maintenance expenses, as tariffs on turbines and pressure vessels from Japan and South Korea inflate costs for utility-scale geothermal systems. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Electrical and Electronics Industry?

The rapid rise in U.S. tariffs and the subsequent trade frictions in spring 2025 are having a major impact on the electrical and electronics sector, with semiconductors, display panels, and rare-earth metals (essential for batteries and motors) subject to steep duties. Consumer electronics brands face profit erosion, as competitive markets limit their ability to pass costs to buyers. Industrial electronics manufacturers, meanwhile, grapple with delayed projects due to shortages of tariff-impacted components like printed circuit boards. Companies are responding by relocating assembly to tariff-exempt countries, increasing inventory buffers, and redesigning products to reduce dependency on restricted materials.

How Is The Geothermal Power Equipment Market Segmented?

The geothermal power equipment market covered in this report is segmented –

1) By Type: Full-Flow Power Generation System, Dual Cycle Power Generation System

2) By Product: Transformers, Turbines, Separators, Generators, Condensers, Other Products

3) By Application: Space Heating, Aquaculture, Horticulture, Recreation, Other Applications

Subsegments:

1) By Full-Flow Power Generation System: Flash Steam Power Plants, Binary Cycle Power Plants, Dry Steam Power Plants

2) By Dual Cycle Power Generation System: Combined Cycle Systems, Hybrid Systems

What Is Driving The Geothermal Power Equipment Market? Impact Of The Industrial Sector On The Geothermal Power Equipment Market

The rising industrial sector is expected to propel the growth of the geothermal power equipment market going forward. The industrial sector refers to a category of economic activity that involves the production of goods through manufacturing, construction, mining, agriculture, and other related activities. It aims to stimulate economic development, create employment opportunities, and boost exports. Geothermal power equipment is used in the industrial sector to reduce energy costs, decrease greenhouse gas emissions, and enhance operational efficiency through electricity generation and direct heat utilization. For instance, in July 2023, according to reports published by the Office for National Statistics, a UK-based government agency, the overall value of UK manufacturers' product sales in 2022 was 580.83 billion (£429.8 billion), up 38.34 billion (£28.4 billion) (7%) from 541.725 billion (£401.5 billion) in 2021. Therefore, the rising demand for clean energy is expected to propel the growth of the geothermal power equipment market.

Who Are The Major Players In The Global Geothermal Power Equipment Market?

Major companies operating in the geothermal power equipment market are Chevron Corporation, General Electric Company, Siemens Energy AG, Mitsubishi Heavy Industries Ltd., Toshiba Corporation, Schlumberger Limited, Baker Hughes Company, Halliburton Company, Alstom Transport SA, Fuji Electric Co. Ltd., Ansaldo Energia S.p.A., Holtec International, Thermax Limited, Ormat Technologies Inc., Exergy International S.r.l., TAS Energy Inc., Alterra Power Corp., Turboden S.p.A, Energy Venture Partners, Edge Energy Ltd, Ergil group, Borealis GeoPower Inc., GreenFire Energy Inc., Geothermal Engineering Ltd., Loki Geothermal, Gulf Coast Green Energy

What Are The Key Trends Of The Global Geothermal Power Equipment Market? Robinson Partners With Dandelion Energy To Offer Innovative Geothermal Heating and Cooling Solutions

Major companies operating in the geothermal power equipment market are adopting a strategic partnership approach to provide customers with innovative geothermal heating and cooling solutions. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in April 2022, Robinson, a US-based premier full-service home comfort company, partnered with Dandelion Energy, a US-based geothermal heating supplier. This partnership aims to allow Robison to provide Dandelion's sustainable geothermal system to customers seeking to transition their homes away from fossil fuels. By combining Dandelion's technology with Robison's service and customer support, the aim is to offer geothermal power services to customers with the best energy options and to expand Robison's offerings to include environmentally friendly solutions for residential heating and cooling.

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What Are Latest Mergers And Acquisitions In The Geothermal Power Equipment Market? PT United Tractors Expands into Renewable Energy Sector with Acquisition of PT Supreme Energy

In December 2023, PT United Tractors Tbk, an Indonesia-based construction company, acquired PT Supreme Energy for an undisclosed amount. This strategic move is part of United Tractors' broader strategy to expand its presence in the renewable energy market and reduce its dependency on traditional energy sectors. Also, this acquisition aligns with United Tractors' commitment to supporting green energy business development and its efforts to contribute to the growth of renewable and sustainable energy in Indonesia. PT Supreme Energy is an Indonesia-based geothermal power generation company that focuses on exploring, constructing, and operating geothermal energy projects.

What Is The Regional Outlook For The Global Geothermal Power Equipment Market?

Asia-Pacific was the largest region in the geothermal power equipment market in 2024. The regions covered in the geothermal power equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the geothermal power equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Geothermal Power Equipment Market?

The geothermal power equipment market consists of sales of products such as drilling rigs, turbines, generators, heat exchangers, pumps, and control systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Geothermal Power Equipment Industry?

The geothermal power equipment market research report is one of a series of new reports from The Business Research Company that provides geothermal power equipment market statistics, including geothermal power equipment industry global market size, regional shares, competitors with a geothermal power equipment market share, detailed geothermal power equipment market segments, market trends and opportunities, and any further data you may need to thrive in the geothermal power equipment industry. This geothermal power equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Geothermal Power Equipment Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $29.67 billion
Revenue Forecast In 2034 $37.43 billion
Growth Rate CAGR of 6% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Type: Full-Flow Power Generation System, Dual Cycle Power Generation System
2) By Product: Transformers, Turbines, Separators, Generators, Condensers, Other Products
3) By Application: Space Heating, Aquaculture, Horticulture, Recreation, Other Applications Subsegments: 1) By Full-Flow Power Generation System: Flash Steam Power Plants, Binary Cycle Power Plants, Dry Steam Power Plants
2) By Dual Cycle Power Generation System: Combined Cycle Systems, Hybrid Systems
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Chevron Corporation, General Electric Company, Siemens Energy AG, Mitsubishi Heavy Industries Ltd., Toshiba Corporation, Schlumberger Limited, Baker Hughes Company, Halliburton Company, Alstom Transport SA, Fuji Electric Co. Ltd., Ansaldo Energia S.p.A., Holtec International, Thermax Limited, Ormat Technologies Inc., Exergy International S.r.l., TAS Energy Inc., Alterra Power Corp., Turboden S.p.A, Energy Venture Partners, Edge Energy Ltd, Ergil group, Borealis GeoPower Inc., GreenFire Energy Inc., Geothermal Engineering Ltd., Loki Geothermal, Gulf Coast Green Energy
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

2. Geothermal Power Equipment Market Characteristics

3. Geothermal Power Equipment Market Trends And Strategies

4. Geothermal Power Equipment Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Geothermal Power Equipment Growth Analysis And Strategic Analysis Framework

5.1. Global Geothermal Power Equipment PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Geothermal Power Equipment Market Growth Rate Analysis

5.4. Global Geothermal Power Equipment Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Geothermal Power Equipment Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Geothermal Power Equipment Total Addressable Market (TAM)

6. Geothermal Power Equipment Market Segmentation

6.1. Global Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Full-Flow Power Generation System

Dual Cycle Power Generation System

6.2. Global Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Transformers

Turbines

Separators

Generators

Condensers

Other Products

6.3. Global Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Space Heating

Aquaculture

Horticulture

Recreation

Other Applications

6.4. Global Geothermal Power Equipment Market, Sub-Segmentation Of Full-Flow Power Generation System, ByType, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Flash Steam Power Plants

Binary Cycle Power Plants

Dry Steam Power Plants

6.5. Global Geothermal Power Equipment Market, Sub-Segmentation Of Dual Cycle Power Generation System, ByType, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Combined Cycle Systems

Hybrid Systems

7. Geothermal Power Equipment Market Regional And Country Analysis

7.1. Global Geothermal Power Equipment Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Geothermal Power Equipment Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Geothermal Power Equipment Market

8.1. Asia-Pacific Geothermal Power Equipment Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Geothermal Power Equipment Market

9.1. China Geothermal Power Equipment Market Overview

9.2. China Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Geothermal Power Equipment Market

10.1. India Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Geothermal Power Equipment Market

11.1. Japan Geothermal Power Equipment Market Overview

11.2. Japan Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Geothermal Power Equipment Market

12.1. Australia Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Geothermal Power Equipment Market

13.1. Indonesia Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Geothermal Power Equipment Market

14.1. South Korea Geothermal Power Equipment Market Overview

14.2. South Korea Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Geothermal Power Equipment Market

15.1. Western Europe Geothermal Power Equipment Market Overview

15.2. Western Europe Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Geothermal Power Equipment Market

16.1. UK Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Geothermal Power Equipment Market

17.1. Germany Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Geothermal Power Equipment Market

18.1. France Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Geothermal Power Equipment Market

19.1. Italy Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Geothermal Power Equipment Market

20.1. Spain Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Geothermal Power Equipment Market

21.1. Eastern Europe Geothermal Power Equipment Market Overview

21.2. Eastern Europe Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Geothermal Power Equipment Market

22.1. Russia Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Geothermal Power Equipment Market

23.1. North America Geothermal Power Equipment Market Overview

23.2. North America Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Geothermal Power Equipment Market

24.1. USA Geothermal Power Equipment Market Overview

24.2. USA Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Geothermal Power Equipment Market

25.1. Canada Geothermal Power Equipment Market Overview

25.2. Canada Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Geothermal Power Equipment Market

26.1. South America Geothermal Power Equipment Market Overview

26.2. South America Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Geothermal Power Equipment Market

27.1. Brazil Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Geothermal Power Equipment Market

28.1. Middle East Geothermal Power Equipment Market Overview

28.2. Middle East Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Geothermal Power Equipment Market

29.1. Africa Geothermal Power Equipment Market Overview

29.2. Africa Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Geothermal Power Equipment Market Competitive Landscape And Company Profiles

30.1. Geothermal Power Equipment Market Competitive Landscape

30.2. Geothermal Power Equipment Market Company Profiles

30.2.1. Chevron Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.2. General Electric Company Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Siemens Energy AG Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Mitsubishi Heavy Industries Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Toshiba Corporation Overview, Products and Services, Strategy and Financial Analysis

31. Geothermal Power Equipment Market Other Major And Innovative Companies

31.1. Schlumberger Limited

31.2. Baker Hughes Company

31.3. Halliburton Company

31.4. Alstom Transport SA

31.5. Fuji Electric Co. Ltd.

31.6. Ansaldo Energia S.p.A.

31.7. Holtec International

31.8. Thermax Limited

31.9. Ormat Technologies Inc.

31.10. Exergy International S.r.l.

31.11. TAS Energy Inc.

31.12. Alterra Power Corp.

31.13. Turboden S.p.A

31.14. Energy Venture Partners

31.15. Edge Energy Ltd

32. Global Geothermal Power Equipment Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Geothermal Power Equipment Market

34. Recent Developments In The Geothermal Power Equipment Market

35. Geothermal Power Equipment Market High Potential Countries, Segments and Strategies

35.1 Geothermal Power Equipment Market In 2029 - Countries Offering Most New Opportunities

35.2 Geothermal Power Equipment Market In 2029 - Segments Offering Most New Opportunities

35.3 Geothermal Power Equipment Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Geothermal Power Equipment Market, Sub-Segmentation Of Full-Flow Power Generation System, ByType, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Geothermal Power Equipment Market, Sub-Segmentation Of Dual Cycle Power Generation System, ByType, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Geothermal Power Equipment Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Geothermal Power Equipment Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Asia-Pacific, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Asia-Pacific, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: China, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: China, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: India, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: India, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: Japan, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: Japan, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Australia, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Australia, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Indonesia, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Indonesia, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: South Korea, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: South Korea, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: Western Europe, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Western Europe, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: UK, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: UK, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: Germany, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Germany, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: France, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: France, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: Italy, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Italy, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Spain, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Spain, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Eastern Europe, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Eastern Europe, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Russia, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Russia, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: North America, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: North America, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: USA, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: USA, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: Canada, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: Canada, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: South America, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: South America, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: Brazil, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Brazil, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Middle East, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Middle East, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Africa, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Africa, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Chevron Corporation Financial Performance
  • Table 77: General Electric Company Financial Performance
  • Table 78: Siemens Energy AG Financial Performance
  • Table 79: Mitsubishi Heavy Industries Ltd. Financial Performance
  • Table 80: Toshiba Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Geothermal Power Equipment Market, Sub-Segmentation Of Full-Flow Power Generation System, ByType, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Geothermal Power Equipment Market, Sub-Segmentation Of Dual Cycle Power Generation System, ByType, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Geothermal Power Equipment Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Geothermal Power Equipment Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Asia-Pacific, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Asia-Pacific, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: China, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: China, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: India, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: India, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: Japan, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: Japan, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Australia, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Australia, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Indonesia, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Indonesia, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: South Korea, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: South Korea, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: Western Europe, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Western Europe, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: UK, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: UK, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: Germany, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Germany, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: France, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: France, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: Italy, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Italy, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Spain, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Spain, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Eastern Europe, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Eastern Europe, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Russia, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Russia, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: North America, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: North America, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: USA, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: USA, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: Canada, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: Canada, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: South America, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: South America, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: Brazil, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Brazil, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Middle East, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Middle East, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Africa, Geothermal Power Equipment Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Africa, Geothermal Power Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Geothermal Power Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Chevron Corporation Financial Performance
  • Figure 77: General Electric Company Financial Performance
  • Figure 78: Siemens Energy AG Financial Performance
  • Figure 79: Mitsubishi Heavy Industries Ltd. Financial Performance
  • Figure 80: Toshiba Corporation Financial Performance

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Frequently Asked Questions

Geothermal power equipment refers to the machinery, devices, and infrastructure used to generate electricity from geothermal energy. Geothermal power harnesses the heat stored within the Earth's crust to produce electricity through various processes. This equipment encompasses a range of technologies and components designed to efficiently harness the Earth's natural heat for clean, renewable electricity generation. For further insights on this market, request a sample here

The market major growth driver - Impact Of The Industrial Sector On The Geothermal Power Equipment Market. For further insights on this market, request a sample here

The geothermal power equipment market size has grown strongly in recent years. It will grow from $27.91 billion in 2024 to $29.67 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to government incentives and policies, rising energy demand, volatility in fossil fuel prices, energy security concerns, public awareness and acceptance. The geothermal power equipment market size is expected to see strong growth in the next few years. It will grow to $37.43 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to climate change mitigation policies, climate change mitigation policies, investment in energy storage solutions, geothermal resource potential, volatility in fossil fuel prices. Major trends in the forecast period include advancements in drilling technology, modular power plants, digitalization and remote monitoring, decentralized energy solutions, and product innovations. For further insights on this market, request a sample here

The geothermal power equipment market covered in this report is segmented –
1) By Type: Full-Flow Power Generation System, Dual Cycle Power Generation System
2) By Product: Transformers, Turbines, Separators, Generators, Condensers, Other Products
3) By Application: Space Heating, Aquaculture, Horticulture, Recreation, Other Applications Subsegments:
1) By Full-Flow Power Generation System: Flash Steam Power Plants, Binary Cycle Power Plants, Dry Steam Power Plants
2) By Dual Cycle Power Generation System: Combined Cycle Systems, Hybrid Systems For further insights on this market, request a sample here

Asia-Pacific was the largest region in the geothermal power equipment market in 2024. The regions covered in the geothermal power equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the geothermal power equipment market are Chevron Corporation, General Electric Company, Siemens Energy AG, Mitsubishi Heavy Industries Ltd., Toshiba Corporation, Schlumberger Limited, Baker Hughes Company, Halliburton Company, Alstom Transport SA, Fuji Electric Co. Ltd., Ansaldo Energia S.p.A., Holtec International, Thermax Limited, Ormat Technologies Inc., Exergy International S.r.l., TAS Energy Inc., Alterra Power Corp., Turboden S.p.A, Energy Venture Partners, Edge Energy Ltd, Ergil group, Borealis GeoPower Inc., GreenFire Energy Inc., Geothermal Engineering Ltd., Loki Geothermal, Gulf Coast Green Energy. For further insights on this market, request a sample here.

Major trends in this market include Robinson Partners With Dandelion Energy To Offer Innovative Geothermal Heating and Cooling Solutions. For further insights on this market, request a sample here.

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Global Geothermal Power Equipment Market Report 2025

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