July 3, 2018 - 10:47 AM EDT
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Global Geothermal Turbines Market 2018-2022: Rising Energy Concerns is Driving the Market and Ansaldo Energia, Fuji Electric, Mitsubishi Heavy Industry, Ormat and Toshiba are Dominating - ResearchAndMarkets.com


The "Global Geothermal Turbines Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The Global Geothermal Turbines Market is expected to grow at a CAGR of 3.25% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend affecting this market is the high geothermal potential. While the use of geothermal energy is limited due to the high cost involved in drilling and exploring, the governmental support is expected to reduce investment risks, which in turn, will fuel the growth of geothermal energy production during the forecast period.

According to the report, one driver influencing this market is the rising energy concerns. The development of renewable fuels and the gradual depletion of fossil fuels are resulting in an increased renewable energy investment for reducing the dependency on fossil fuels.

Further, the report states that one challenge affecting this market is the high upfront costs and investment risks. Financing a geothermal project is one of the major barriers to the growth of the market, as investment risks are high during the initial stage of project development.

Key Vendors

  • Ansaldo Energia
  • Fuji Electric
  • Mitsubishi Heavy Industry
  • Ormat
  • Toshiba

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Technology

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/qd3947/global_geothermal?w=4

Laura Wood, Senior Manager
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Related Topics: Geothermal Energy, Turbines

Source: Business Wire (July 3, 2018 - 10:47 AM EDT)

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