Geothermal Power Equipment Market to reach US$ 32 Bn by 2027

1. Geothermal Power Equipment Market Report Id : TMRGL30158 Category : Power Published Date: 2019-08-20

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3. Research Methodology (1/2) Systematic Research Approach Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution Market profiling 1 2 Formulating discussion guide • Identifying key opinion leaders • Questionnaire design • In-depth interviews • Coverage across value chain 3 A Developing list of respondents Primary Research • Key industry experts • Channel study • Developments • Market dynamics • Products • Conclusions 4 Data collection SOLUTION B • Market participants • Key strengths • Product portfolio • Mapping as per value chain • Key focus segments 5 Desk Research Data validation 6 C • Paid Publications# • Secondary Research # Data analysis Primary Research # Company Analysis • Linkedin • Zoominfo • Salesforce • Avention • Company websites • Company annual reports • White papers • Financial reports • Factiva • GBI • Genios • Meltwater 7 Insights # includes sources of databases

4. Geothermal Power Equipment MarketAnalysis Geothermal Power Equipment Market: Key Highlights The global geothermal power equipment market was valued at ~ US$ 20 Bn in 2018, and is anticipated to expand at a CAGR of 5.5% during the forecast period. Among the plant types, the flash steam power plants segment accounted for a substantial share of the global geothermal power equipment market in 2018. Among the products, the turbines segment held a significant share of the global geothermal power equipment market in 2018. Asia Pacific is estimated to be the region with high growth potential for the geothermal power equipment market in the next few years, owing to the large-scale production of geothermal power in the Philippines, Japan, and Indonesia. Request A Sample of Geothermal Power Equipment Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=30158

5. Geothermal Power Equipment MarketAnalysis Asia Pacific a Prominent Region of the Geothermal Power Equipment Market Asia Pacific was the key region of the global geothermal power equipment market in 2018. Rising electricity demand in China and India, coupled with increasing government support to produce electricity through renewable resources is expected to augment the geothermal power equipment market in the region during the forecast period. Indonesia accounted for a prominent share of the geothermal power equipment market in Asia Pacific in 2018. Indonesia ranks second, globally, in terms of cumulative geothermal power capacity. Indonesia expanded its geothermal power capacity by 140 MW in 2018, surpassing the Philippines by a small margin, to rank second, globally, in terms of installed capacity. By the end of 2018, Indonesia had geothermal power plants of 1.95 GW capacity in operation. In North Sumatra, the 110-MW unit of the Sarulla plant was commissioned in 2018. Additionally, Indonesia started operations of its 30-MW Karaha Unit 1 in April 2018.

6. Geothermal Power Equipment MarketAnalysis Global Geothermal Power Equipment Market: Competition Landscape The global geothermal power equipment market is highly fragmented with the presence of a large number of players. High capital investments and ongoing technological advancements in the geothermal power equipment market are anticipated to lower the threat of entry of new players in the market in the near future. Key players operating in the geothermal power equipment market include MITSUBISHI HEAVY INDUSTRIES, LTD, General Electric, Toshiba Corporation, Fuji Electric Co., Ltd., Ormat Technologies Inc., Boreal Geothermal, Loki Geothermal, TurbodenS.p.A, Chevron Corporation, TAS Energy Inc., Ergil, and AnsaldoEnergiaS.p.A.