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Geothermal Power Equipment Market By Type (Dry Steam Plants, Flash Steam Plants, Binary Cycle Power Plants), Product (Transformers, Turbines, Separators, Generators, Condensers) - Global Industry Analysis & Forecast to 2030

Published On : June 2024 Pages : 154 Category: Equipment Machine & Tooling Report Code : ME0917813

SEGMENTS & REGIONS:

  • By Type: Dry Steam Plants, Flash Steam Plants, Binary Cycle Power Plants
  • Product: Transformers, Turbines, Separators, Generators, Condensers
  • Regions: North America, Europe, Asia- Pacific, Latin America, Middle East & Africa

The global Geothermal Power Equipment Market is valued at USD XX billion in 2023 and is projected to reach USD XX billion by the end of 2030, growing at a CAGR of XX% during the period 2024 to 2030.

The report exhibit detail coverage of Geothermal Power Equipment industry and market trends. The report also analyses present and past market values to forecast potential market through the forecast period between 2024-2030. This research study of Geothermal Power Equipment Market involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.

In addition, the report provides insight into main drivers, challenges, opportunities and risk of the market and strategies of suppliers. Key players are profiled as well. Overall, this report covers the historical situation, present status and the future prospects of the global Geothermal Power Equipment Market for 2017-2030.

Crystal Market Research envisions that the span of the Geothermal Power Equipment Market will develop amid the estimated time frame as the Compound Annual Growth Rate boosts significantly. The objective of the market research report is the current status of the market and in accordance classifies it into a few portions. The report takes into consideration the prime market players in every area from over the globe.

Our research study analyses the size of the global market of Geothermal Power Equipment in primary regions such as North America, South America, Middle East & Africa, Asia Pacific and Europe. It also classifies the Geothermal Power Equipment Market by key manufacturers, region, type and application. Furthermore, this study examines in the status of the market, market share, future trends, growth rate, competitive landscape, opportunities, market driving factors and restraints, and challenges.

To stay updated with the latest technology and functions of the industry, Crystal Market Research regularly performs interviews with several industry experts and visits for its expert research analysts. The data sources include but not limited to reports of company’s, international organizations and governments, MMI market surveys, and related industry news.

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2017 to 2027. This report has segmented the Geothermal Power Equipment Market on the basis of type, application, and region:

Competitive Analysis                    

The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

  • Ormat Technologies Inc.
  • General Electric
  • Toshiba Corporation
  • Mitsubishi Heavy Industries, Ltd
  • Fuji Electric Co. Ltd
  • Boreal Geothermal
  • Loki Geothermal
  • Chevron Corporation
  • Turboden S.p.A
  • TAS Energy Inc.
  • Ergil
  • Ansaldo Energia S.p.A

By Type

  • Dry Steam Plants
  • Flash Steam Plants
  • Binary Cycle Power Plants

By Product

  • Transformers
  • Turbines
  • Separators
  • Generators
  • Condensers
  • Others

By Region

  • North America (US, Canada)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Mexico, Columbia, Rest of South America)
  • Middle East and Africa (Saudi Arabia, UAE, South Africa, Turkey, Rest of MEA)

Years considered for this report:
Historical Years: 2017-2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2024-2030

Some of the key questions answered by the report are:

  • What was the market size in 2017 and forecast from 2024 to 2030?
  • What will be the industry market growth from 2017 to 2030?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

Table of Contents

1.     Introduction

1.1.  Report Description

1.2.  Research Methodology

1.2.1.     Data Mining

1.2.2.     Market Modeling and Forecasting

1.2.3.     Data Validation

1.2.4.     Industry Analysis

2.     Market Dashboard

3.     Market Overview

3.1.  Introduction

3.1.1.     Market Definition

3.1.2.     Market Segmentation

3.2.  Market Dynamics

3.2.1.     Drivers

3.2.2.     Restraints

3.2.3.     Opportunities

3.2.4.     Challenges

4.     Geothermal Power Equipment Market, By Type

4.1.  Introduction

4.2.  Geothermal Power Equipment Market Size and Growth Rate By Type (2017-2022)

4.3.  Dry Steam Plants

4.3.1.     Global Dry Steam Plants Market Size and Growth Rate (2017-2022)

4.4.  Flash Steam Plants

4.4.1.     Global Flash Steam Plants Market Size and Growth Rate (2017-2022)

4.5.  Binary Cycle Power Plants

4.5.1.     Global Binary Cycle Power Plants Market Size and Growth Rate (2017-2022)

5.     Geothermal Power Equipment Market, By Product

5.1.  Introduction

5.2.  Geothermal Power Equipment Market Size and Growth Rate By Product (2017-2022)

5.3.  Transformers

5.3.1.     Global Transformers Market Size and Growth Rate (2017-2022)

5.4.  Turbines

5.4.1.     Global Turbines Market Size and Growth Rate (2017-2022)

5.5.  Separators

5.5.1.     Global Separators Market Size and Growth Rate (2017-2022)

5.6.  Generators

5.6.1.     Global Generators Market Size and Growth Rate (2017-2022)

5.7.  Condensers

5.7.1.     Global Condensers Market Size and Growth Rate (2017-2022)

5.8.  Others

5.8.1.     Global Others Market Size and Growth Rate (2017-2022)

6.     Geothermal Power Equipment Market, By Region

6.1.  Introduction

6.2.  Geothermal Power Equipment Market Size and Growth Rate By Regions

6.2  North America

6.2.1.     North America Geothermal Power Equipment Market Size and Growth Rate (2017-2022))

6.2.2.     North America Geothermal Power Equipment Market By Type (2017-2022)

6.2.3.     North America Geothermal Power Equipment Market By Product (2017-2022)

6.2.4.     North America Geothermal Power Equipment Market By Country (2017-2022)

6.2.5.     United States

6.2.5.1.United States Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.2.5.2.United States Geothermal Power Equipment Market By Type (2017-2022)

6.2.5.3.United States Geothermal Power Equipment Market By Product (2017-2022)

6.2.6.     Canada

6.2.6.1.Canada Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.2.6.2.Canada Geothermal Power Equipment Market By Type (2017-2022)

6.2.6.3.Canada Geothermal Power Equipment Market By Product (2017-2022)

6.3  Europe

6.3.1.     Europe Geothermal Power Equipment Market Size and Growth Rate (2017-2022))

6.3.2.     Europe Geothermal Power Equipment Market By Type (2017-2022)

6.3.3.     Europe Geothermal Power Equipment Market By Product (2017-2022)

6.3.4.     Europe Geothermal Power Equipment Market By Country (2017-2022)

6.3.5.     Germany

6.3.5.1.Germany Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.3.5.2.Germany Geothermal Power Equipment Market By Type (2017-2022)

6.3.5.3.Germany Geothermal Power Equipment Market By Product (2017-2022)

6.3.6.     France

6.3.6.1.France Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.3.6.2.France Geothermal Power Equipment Market By Type (2017-2022)

6.3.6.3.France Geothermal Power Equipment Market By Product (2017-2022)

6.3.7.     UK

6.3.7.1.UK Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.3.7.2.UK Geothermal Power Equipment Market By Type (2017-2022)

6.3.7.3.UK Geothermal Power Equipment Market By Product (2017-2022)

6.3.8.     Russia

6.3.8.1.Russia Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.3.8.2.Russia Geothermal Power Equipment Market By Type (2017-2022)

6.3.8.3.Russia Geothermal Power Equipment Market By Product (2017-2022)

6.3.9.     Italy

6.3.9.1.Italy Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.3.9.2.Italy Geothermal Power Equipment Market By Type (2017-2022)

6.3.9.3.Italy Geothermal Power Equipment Market By Product (2017-2022)

6.3.10.     Rest of Europe

6.3.10.1.Rest of Europe Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.3.10.2.Rest of Europe Geothermal Power Equipment Market By Type (2017-2022)

6.3.10.3.Rest of Europe Geothermal Power Equipment Market By Product (2017-2022)

6.4  Asia-Pacific

6.4.1.     Asia-Pacific Geothermal Power Equipment Market Size and Growth Rate (2017-2022))

6.4.2.     Asia-Pacific Geothermal Power Equipment Market By Type (2017-2022)

6.4.3.     Asia-Pacific Geothermal Power Equipment Market By Product (2017-2022)

6.4.4.     Asia-Pacific Geothermal Power Equipment Market By Country (2017-2022)

6.4.5.     China

6.4.5.1.China Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.4.5.2.China Geothermal Power Equipment Market By Type (2017-2022)

6.4.5.3.China Geothermal Power Equipment Market By Product (2017-2022)

6.4.6.     Japan

6.4.6.1.Japan Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.4.6.2.Japan Geothermal Power Equipment Market By Type (2017-2022)

6.4.6.3.Japan Geothermal Power Equipment Market By Product (2017-2022)

6.4.7.     Korea

6.4.7.1.Korea Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.4.7.2.Korea Geothermal Power Equipment Market By Type (2017-2022)

6.4.7.3.Korea Geothermal Power Equipment Market By Product (2017-2022)

6.4.8.     India

6.4.8.1.India Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.4.8.2.India Geothermal Power Equipment Market By Type (2017-2022)

6.4.8.3.India Geothermal Power Equipment Market By Product (2017-2022)

6.4.9.     Southeast Asia

6.4.9.1.Southeast Asia Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.4.9.2.Southeast Asia Geothermal Power Equipment Market By Type (2017-2022)

6.4.9.3.Southeast Asia Geothermal Power Equipment Market By Product (2017-2022)

6.4.10.     Rest of Asia-Pacific

6.4.10.1.Rest of Asia-Pacific Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.4.10.2.Rest of Asia-Pacific Geothermal Power Equipment Market By Type (2017-2022)

6.4.10.3.Rest of Asia-Pacific Geothermal Power Equipment Market By Product (2017-2022)

6.5  South America

6.5.1.     South America Geothermal Power Equipment Market Size and Growth Rate (2017-2022))

6.5.2.     South America Geothermal Power Equipment Market By Type (2017-2022)

6.5.3.     South America Geothermal Power Equipment Market By Product (2017-2022)

6.5.4.     South America Geothermal Power Equipment Market By Country (2017-2022)

6.5.5.     Brazil

6.5.5.1.Brazil Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.5.5.2.Brazil Geothermal Power Equipment Market By Type (2017-2022)

6.5.5.3.Brazil Geothermal Power Equipment Market By Product (2017-2022)

6.5.6.     Mexico

6.5.6.1.Mexico Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.5.6.2.Mexico Geothermal Power Equipment Market By Type (2017-2022)

6.5.6.3.Mexico Geothermal Power Equipment Market By Product (2017-2022)

6.5.7.     Columbia

6.5.7.1.Columbia Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.5.7.2.Columbia Geothermal Power Equipment Market By Type (2017-2022)

6.5.7.3.Columbia Geothermal Power Equipment Market By Product (2017-2022)

6.5.8.     Rest of South America

6.5.8.1.Rest of South America Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.5.8.2.Rest of South America Geothermal Power Equipment Market By Type (2017-2022)

6.5.8.3.Rest of South America Geothermal Power Equipment Market By Product (2017-2022)

6.6  Middle East and Africa

6.6.1.     Middle East and Africa Geothermal Power Equipment Market Size and Growth Rate (2017-2022))

6.6.2.     Middle East and Africa Geothermal Power Equipment Market By Type (2017-2022)

6.6.3.     Middle East and Africa Geothermal Power Equipment Market By Product (2017-2022)

6.6.4.     Middle East and Africa Geothermal Power Equipment Market By Country (2017-2022)

6.6.5.     Saudi Arabia

6.6.5.1.Saudi Arabia Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.6.5.2.Saudi Arabia Geothermal Power Equipment Market By Type (2017-2022)

6.6.5.3.Saudi Arabia Geothermal Power Equipment Market By Product (2017-2022)

6.6.6.     United Arab Emirates

6.6.6.1.United Arab Emirates Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.6.6.2.United Arab Emirates Geothermal Power Equipment Market By Type (2017-2022)

6.6.6.3.United Arab Emirates Geothermal Power Equipment Market By Product (2017-2022)

6.6.7.     South Africa

6.6.7.1.South Africa Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.6.7.2.South Africa Geothermal Power Equipment Market By Type (2017-2022)

6.6.7.3.South Africa Geothermal Power Equipment Market By Product (2017-2022)

6.6.8.     Rest of Middle East and Africa

6.6.8.1.Rest of Middle East and Africa Geothermal Power Equipment Market Size and Growth Rate (2017-2022)

6.6.8.2.Rest of Middle East and Africa Geothermal Power Equipment Market By Type (2017-2022)

6.6.8.3.Rest of Middle East and Africa Geothermal Power Equipment Market By Product (2017-2022)

7.     Company Profiles

7.1.  Ormat Technologies Inc.

7.1.1.     Business Overview

7.1.2.     Service Portfolio

7.1.3.     Strategic Developments

7.1.4.     Financial Overview

7.2.  General Electric

7.2.1.     Business Overview

7.2.2.     Service Portfolio

7.2.3.     Strategic Developments

7.2.4.     Financial Overview

7.3.  Toshiba Corporation

7.3.1.     Business Overview

7.3.2.     Service Portfolio

7.3.3.     Strategic Developments

7.3.4.     Financial Overview

7.4.  Mitsubishi Heavy Industries, Ltd

7.4.1.     Business Overview

7.4.2.     Service Portfolio

7.4.3.     Strategic Developments

7.4.4.     Financial Overview

7.5.  Fuji Electric Co. Ltd

7.5.1.     Business Overview

7.5.2.     Service Portfolio

7.5.3.     Strategic Developments

7.5.4.     Financial Overview

7.6.  Boreal Geothermal

7.6.1.     Business Overview

7.6.2.     Service Portfolio

7.6.3.     Strategic Developments

7.6.4.     Financial Overview

7.7.  Loki Geothermal

7.7.1.     Business Overview

7.7.2.     Service Portfolio

7.7.3.     Strategic Developments

7.7.4.     Financial Overview

7.8.  Chevron Corporation

7.8.1.     Business Overview

7.8.2.     Service Portfolio

7.8.3.     Strategic Developments

7.8.4.     Financial Overview

7.9.  Turboden S.p.A

7.9.1.     Business Overview

7.9.2.     Service Portfolio

7.9.3.     Strategic Developments

7.9.4.     Financial Overview

7.10.  TAS Energy Inc.

7.10.1.     Business Overview

7.10.2.     Service Portfolio

7.10.3.     Strategic Developments

7.10.4.     Financial Overview

7.11.  Ergil

7.11.1.     Business Overview

7.11.2.     Service Portfolio

7.11.3.     Strategic Developments

7.11.4.     Financial Overview

7.12.  Ansaldo Energia S.p.A

7.12.1.     Business Overview

7.12.2.     Service Portfolio

7.12.3.     Strategic Developments

7.12.4.     Financial Overview

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources
  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources
  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

data triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2027)
  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

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