(MENAFN- PR Newswire)
DUBLIN, Aug. 5, 2022 /PRNewswire/ -- The 'Geothermal Energy Market (with COVID-19 & COP26 Impacts) & Technologies - 2022-2032' report has been added to ResearchAndMarkets.com's offering.
The cumulative 2022-2032 market is $117.3 Billion
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 Findings1.2 Key Conclusions1.3 Global Geothermal Energy Market Research Vectors1.4 Global Geothermal Energy Market - 2018-20321.4.1 Markets: By Applications1.4.2 Technology Markets1.4.3 Market by Revenue Source1.4.4 Regional Markets1.4.5 National Markets 2 R&D, Business and Investment Opportunities 3 COP26 & COVID-19 Implications 3.1 COP26 Takeaway3.2 COVID-19 Implications 4 Geothermal Energy Market Drivers 5 Geothermal Energy Market Inhibitors 6 Geothermal Energy Market: SWOT Analysis 6.1 Strengths6.2 Weaknesses6.3 Opportunities6.4 Threats 7 Global Geothermal Energy Technology Markets 7.1 Geothermal Energy Market Size by Technology - 2018-20327.2 Global Market Breakdown by Technology - 2018-2032 8 Enhanced Geothermal Systems (EGS) Market - 2018-2032 8.1 Enhanced Geothermal Systems (EGS) Market Background8.2 Global Enhanced Geothermal Systems (EGS) Market - 2018-2032 9 Binary Cycle Power Generation Market - 2018-2032 9.1 Binary Cycle Power Generation Market Background9.1.1 Introduction9.1.2 Binary Cycle Technologies9.1.2.1 Rankine Vapor Cycle9.1.2.2 Dual Pressure9.1.2.3 Dual Fluid9.2 Global Binary Cycle Power Generation Market - 2018-2032 10 Dry Steam Power Generation Market - 2018-203 210.1 Dry Steam Power Generation Market Background10.2 Global Dry Steam Power Generation Market - 2018-2032 11 Flash Steam Power Generation Market - 2018-2032 11.1 Flash Steam Power Generation Market Background11.2 Global Flash Steam Power Generation Market - 2018-2032 12 Geothermal Deep Learning & AI Market - 2018-2032 12.1 Geothermal Deep Learning & AI Market Background12.2 Global Geothermal Deep Learning & AI Market - 2018-2032 13 Closed & Open Loop Geothermal Heat Pumps Market - 2018-2032 13.1 Closed & Open Loop Geothermal Heat Pumps Market Background13.1.1 Introduction13.1.2 Geothermal Heat Pumps Economy13.1.3 Drivers of Geothermal Heat Pumps13.2 Global Geothermal Heat Pumps Market - 2018-2032 14 Hybrid Geothermal Heat Pumps Market - 2018-2032 14.1 Hybrid Geothermal Heat Pumps Market Background14.2 Hybrid Geothermal Heat Pumps Vendors14.3 Global Hybrid Geothermal Heat Pumps 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 - 2018-203216.2 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 Background17.1.1 Introduction17.1.2 Geothermal Heat Pumps17.1.3 Present Status of Geothermal HAVC17.1.4 District Heating & Cooling (DHC) Systems17.1.5 Geothermal Cooling & Heating Market: Inhibitors17.1.6 Geothermal Heating Proliferation17.1.7 Geothermal Heat Pump Efficiency17.1.8 Direct Geothermal Heat17.1.9 Geothermal Heating & Cooling: Market Drivers17.2 Global Residential & District Heating & Cooling Geothermal Energy Market - 2018-203217.2.1 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 Background18.2 Global Citywide Heating & Cooling Geothermal Energy Market - 2018-2032 19 Commercial & Industrial Heating & Cooling Geothermal Energy Market - 2018-2032 19.1 Commercial & Industrial Heating & Cooling Geothermal Energy Market Background19.1.1 Introduction19.1.2 Market Drivers19.2 Global Commercial & Industrial Heating & Cooling Geothermal Energy Market - 2018-2032 20 Agriculture Heating & Cooling Geothermal Energy Market - 2018-2032 20.1 Agriculture Heating & Cooling Geothermal Energy Market Background20.1.1 Introduction20.1.2 Geothermal Drying Agricultural Products20.1.3 Geothermal Greenhouse Heating20.1.4 Geothermal Fluid Systems20.1.5 Geothermal Soil Heating20.1.6 Geothermal Aqua Culture20.1.7 Geothermal Fish Farming20.1.8 Geothermal ALGAE Cultivation20.1.9 Geothermal Food drying20.1.10 Geothermal Milk Pasteurization20.1.11 Irrigation Using Geothermal Water20.2 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 Background21.2 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 Background23.2 Global Geothermal Desalination Geothermal Energy Market - 2018-2032 24 Other Geothermal Energy Applications Market - 2018-2032 24.1 Global Other Applications Geothermal Energy Market - 2018-203224.1.1 Other Applications Market Size - 2018-2032 25 Global Geothermal Energy Market by Revenue Source 25.1 Global Geothermal Energy Market by Revenue Source 2018-203225.2 Global Geothermal Energy Market Share by Revenue Source - 2018-2032
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