Global Geothermal Energy Market Analysis, Trends, Size and Forecasts to 2024 - ResearchAndMarkets.com
The "Geothermal
Energy Market: Global Industry Analysis, Trends, Market Size and
Forecasts up to 2024" report has been added to ResearchAndMarkets.com's
offering.
The report predicts the global geothermal energy market to grow with a
CAGR of 12.2% over the forecast period of 2018-2024.
Increasing electricity security concerns owing to the clean and
eco-friendly resources are driving the growth of the geothermal energy
market.
In addition, increasing demand for heating and cooling systems including
ground source heat pump and district heating are estimated to fuel the
growth of the geothermal energy market.
However, potential emissions, surface instability, and high capital cost
required for building a plant are likely to hamper the growth of the
geothermal energy market during the forecast period.
Furthermore, government-undertaken initiatives such as financial
benefits and tax refunds to promote sustainable energy production are
estimated to generate numerous growth opportunities for the geothermal
energy market over the upcoming years.
Among the geographies, North America dominated the geothermal energy
market in 2017. The U.S. is the key region driving the growth in the
North America geothermal energy market owing to increasing clean
electricity demand coupled with growing emission reduction measures.
Also, rising demand for cooling and heating systems coupled with
increasing investments towards the development of green building
infrastructure will positively affect the Germany geothermal energy
market.
Moreover, growing electricity demand in China and India coupled with
increasing government intervention to produce electricity through
renewable resources is likely to further enhance the market growth in
the Asia Pacific region.
Key Topics Covered
1. Preface
2. Executive Summary
3. Global Geothermal Energy Market Overview
4. Geothermal Energy Market Macro Indicator Analysis
5. Global Geothermal Energy Market by Types
6. Global Geothermal Energy Market by Applications
7. Global Geothermal Energy Market by Region 2018-2024
8. Company Profiles
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Calpine
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Ormat Technologies Inc.
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U.S. Geothermal Inc.
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Terra-Gen Power LLC
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Chevron Corp.
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Berkshire Hathaway Inc.
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Enel Green Power North America Inc.
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Gradient Resources
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Toshiba International Corp.
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EthosEnergy Group
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ThermaSource LLC
For more information about this report visit https://www.researchandmarkets.com/research/c9sclg/global_geothermal?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180822005518/en/
Copyright Business Wire 2018
Source: Business Wire
(August 22, 2018 - 12:17 PM EDT)
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