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Enhanced Geothermal System Market, Global Outlook and Forecast 2023-2032

The global Enhanced Geothermal System market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

This report aims to provide a comprehensive presentation of the global market for Enhanced Geothermal System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Enhanced Geothermal System. This report contains market size and forecasts of Enhanced Geothermal System in global, including the following market information:

  • Global Enhanced Geothermal System Market Revenue, 2018-2023, 2024-2032, ($ millions)
  • Global top five companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Deep Enhanced Geothermal System Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Enhanced Geothermal System include Enel SpA, Ormat Technologies, Inc., AltaRock Energy, Inc., Royal Dutch Shell Plc, Kenya Electricity Generating Company Limited, BESTEC GmbH, SA Geothermie Bouillante, Fuji Electric Co., Ltd. and Calpine Corporation, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
WE surveyed the Enhanced Geothermal System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Enhanced Geothermal System Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Enhanced Geothermal System Market Segment Percentages, by Type, 2022 (%)
  • Deep Enhanced Geothermal System
  • Shallow Enhanced Geothermal System
Global Enhanced Geothermal System Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Enhanced Geothermal System Market Segment Percentages, by Application, 2022 (%)
  • Commercial
  • Industrial
Global Enhanced Geothermal System Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Enhanced Geothermal System Market Segment Percentages, By Region and Country, 2022 (%)
  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:
  • Key companies Enhanced Geothermal System revenues in global market, 2018-2023 (estimated), ($ millions)
  • Key companies Enhanced Geothermal System revenues share in global market, 2022 (%)

key players include:

  • Enel SpA
  • Ormat Technologies, Inc.
  • AltaRock Energy, Inc.
  • Royal Dutch Shell Plc
  • Kenya Electricity Generating Company Limited
  • BESTEC GmbH
  • SA Geothermie Bouillante
  • Fuji Electric Co., Ltd.
  • Calpine Corporation
  • Energy Development Corporation
  • Mitsubishi Heavy Industries, Ltd
  • Toshiba Corporation
  • Ansaldo Energia S.p.A.
  • Siemens AG
Outline of Major Chapters:
Chapter 1: Introduces the definition of Enhanced Geothermal System, market overview.
Chapter 2: Global Enhanced Geothermal System market size in revenue.
Chapter 3: Detailed analysis of Enhanced Geothermal System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Enhanced Geothermal System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.