Market Research Report

Global Geothermal Steam Turbine Market Insights, Size, and Forecast By Application (Electricity Generation, Direct Use Applications, District Heating, Desalination), By End Use (Residential, Commercial, Industrial, Utility), By Capacity (Small Scale, Medium Scale, Large Scale), By Design Type (Single-Flash Turbines, Double-Flash Turbines, Binary Cycle Turbines, Combined Cycle Turbines), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Key Companies, Competitive Analysis, Trends, and Projections for 2026-2035

Report ID:69883
Published Date:Jan 2026
No. of Pages:232
Base Year for Estimate:2025
Format:
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Key Market Insights

Global Geothermal Steam Turbine Market is projected to grow from USD 1.45 Billion in 2025 to USD 2.52 Billion by 2035, reflecting a compound annual growth rate of 6.4% from 2026 through 2035. This growth is primarily fueled by the increasing global demand for clean and renewable energy sources, coupled with technological advancements enhancing the efficiency and cost-effectiveness of geothermal power generation. Geothermal steam turbines are pivotal components in harnessing the Earth's internal heat to generate electricity, offering a reliable, base-load power supply that is less intermittent than other renewables like solar or wind. The market's expansion is further propelled by supportive government policies and incentives aimed at decarbonization and reducing reliance on fossil fuels. Key drivers include stringent environmental regulations promoting low carbon emission technologies, the rising awareness of climate change impacts, and the decreasing levelized cost of electricity from geothermal sources. However, the market faces restraints such as high upfront capital investment for geothermal power plants, exploration risks associated with identifying viable geothermal reservoirs, and geographical limitations of suitable sites. Despite these challenges, the significant potential for untapped geothermal resources globally presents substantial market opportunities for turbine manufacturers and project developers.

Global Geothermal Steam Turbine Market Value (USD Billion) Analysis, 2025-2035

maklogo
6.4%
CAGR from
2025 - 2035
Source:
www.makdatainsights.com

Asia Pacific stands out as both the dominant and fastest-growing region in the global geothermal steam turbine market. Its dominance is attributed to a confluence of factors, including abundant geothermal resources, particularly in the Pacific Ring of Fire countries, and robust government support for renewable energy development. Countries like Indonesia, the Philippines, and New Zealand are actively investing in large-scale geothermal projects to meet their burgeoning energy demands and achieve climate targets. The rapid growth in Asia Pacific is driven by accelerating industrialization and urbanization, which necessitate increased power generation capacity. Furthermore, growing environmental consciousness and international pressure to transition to cleaner energy sources are spurring investments in geothermal technology across the region. The increasing adoption of binary cycle power plants, which can utilize lower-temperature geothermal resources, is also expanding the addressable market and contributing to regional growth.

The market for geothermal steam turbines is characterized by intense competition among established players and emerging innovators. Key players such as Mitsubishi, Alstom, Ormat Technologies, Toshiba, and Siemens are at the forefront, focusing on strategic initiatives including research and development to enhance turbine efficiency, capacity, and operational lifespan. These companies are also engaging in partnerships, collaborations, and mergers and acquisitions to expand their geographical footprint and product portfolios. For instance, companies are developing advanced turbine designs, such as single flash, double flash, and binary cycle turbines, to cater to diverse geothermal resource conditions and project scales. The Electricity Generation segment remains the leading application, underscoring the primary role of geothermal steam turbines in power production. As the global energy transition accelerates, the geothermal steam turbine market is poised for continued innovation and expansion, with a strong emphasis on sustainability and energy security.

Quick Stats

  • Market Size (2025):

    USD 1.45 Billion
  • Projected Market Size (2035):

    USD 2.52 Billion
  • Leading Segment:

    Electricity Generation (88.4% Share)
  • Dominant Region (2025):

    Asia Pacific (41.2% Share)
  • CAGR (2026-2035):

    6.4%

What is Geothermal Steam Turbine?

A geothermal steam turbine is a power generation device harnessing Earth's internal heat. Deep wells extract superheated steam or hot water. This high pressure steam then rotates the turbine blades. The turbine is mechanically linked to an electrical generator, converting the rotational energy into electricity. After passing through the turbine, the steam is condensed back into water and often reinjected into the geothermal reservoir, ensuring a sustainable energy cycle. This technology provides a continuous, renewable, and low carbon source of electricity, utilizing heat energy naturally occurring beneath the planet's surface for power production.

What are the Key Drivers Shaping the Global Geothermal Steam Turbine Market

  • Increasing Global Focus on Renewable Energy Adoption

  • Advancements in Geothermal Power Plant Efficiency and Technology

  • Favorable Government Policies and Incentives for Geothermal Projects

  • Growing Demand for Sustainable and Reliable Baseload Power

  • Rising Energy Costs and Volatility of Fossil Fuels

Increasing Global Focus on Renewable Energy Adoption

The growing worldwide emphasis on combating climate change and achieving energy independence is a significant driver for the geothermal steam turbine market. Nations are increasingly recognizing the necessity of transitioning away from fossil fuels and embracing sustainable power sources. Geothermal energy offers a consistent reliable baseload power generation solution that aligns perfectly with these global renewable energy targets. International agreements and domestic policies are stimulating investments and research into geothermal technologies making it an attractive option for countries seeking to diversify their energy mix and reduce carbon emissions. This heightened awareness and commitment to green energy deployment directly translates into increased demand for geothermal steam turbines crucial components in harnessing this valuable resource.

Advancements in Geothermal Power Plant Efficiency and Technology

Innovations in geothermal power plant design and operation are significantly boosting the global geothermal steam turbine market. These advancements encompass enhanced binary cycle systems with optimized heat exchangers and working fluids, improving energy extraction from lower temperature geothermal resources. Supercritical geothermal technology, exploring deeper, hotter reservoirs, promises higher power output per well. Furthermore, advancements in drilling techniques reduce well construction costs and increase accessibility to geothermal resources. Digitalization and automation within power plants enhance operational efficiency and reduce downtime, making geothermal power more reliable and competitive. These technological leaps lower the levelized cost of electricity from geothermal sources, making it an increasingly attractive option for clean energy generation. Consequently, demand for efficient and robust steam turbines designed for these advanced plants is experiencing substantial growth globally.

Favorable Government Policies and Incentives for Geothermal Projects

Governments worldwide are increasingly recognizing geothermal energy's role in achieving climate goals and energy independence. This recognition translates into supportive policies and financial incentives that significantly drive the geothermal steam turbine market. These initiatives often include tax credits, grants, and subsidies for exploration, drilling, and power plant construction, making geothermal projects more financially viable and attractive to investors. Feed in tariffs guarantee a fixed price for electricity generated, providing long term revenue certainty. Streamlined permitting processes and reduced regulatory hurdles also accelerate project development. Public private partnerships further mitigate risks and share upfront costs. These combined governmental efforts reduce the capital intensity of geothermal development, encouraging new projects and expanding the existing operational base for steam turbines.

Global Geothermal Steam Turbine Market Restraints

High Upfront Investment and Long Project Development Cycles

The global geothermal steam turbine market faces a significant challenge from the substantial initial capital required for project development. Geothermal power plants necessitate extensive upfront investment for resource exploration, drilling, power plant construction, and grid infrastructure. These costs are often substantial, posing a barrier to entry for new developers and limiting expansion for existing ones.

Furthermore, the development of geothermal projects involves protracted timelines. From initial resource assessment to full commercial operation, the process can span several years due to complex geological surveys, drilling operations, power plant design, permitting, and construction. This lengthy development cycle ties up capital for extended periods, increasing financial risk and potentially deterring investors who seek quicker returns. The combination of high upfront costs and long project development cycles restricts market growth and investment.

Regulatory Uncertainty and Permitting Complexities

Geothermal projects face significant hurdles from evolving and often unpredictable regulatory frameworks across different nations. Developers grapple with diverse permitting requirements, ranging from land use approvals and environmental impact assessments to water rights and power purchase agreements. The approval processes are frequently protracted, demanding extensive documentation and multiple agency reviews, which lead to lengthy delays and increased project development costs. Inconsistent or unclear regulations across different jurisdictions further complicate international investment and technology deployment. This uncertainty creates substantial investment risk, deterring new entrants and slowing the expansion of existing geothermal power plants, thus directly impeding the global geothermal steam turbine market’s growth.

Global Geothermal Steam Turbine Market Opportunities

Growth in Binary Cycle Turbine Demand for Low-to-Medium Enthalpy Geothermal Projects

The global geothermal market presents a significant opportunity in the rising demand for binary cycle turbines. These specialized turbines efficiently harness heat from low to medium enthalpy geothermal resources, which are far more widespread and geographically accessible than high enthalpy sources traditionally required for conventional flash or dry steam plants. Many regions globally, including the rapidly expanding Asia Pacific, possess abundant low temperature geothermal reservoirs previously considered uneconomical. Advancements in binary cycle technology make tapping into these vast resources viable, enabling power generation in locations previously unsuitable for geothermal development. As countries increasingly prioritize diversified renewable energy portfolios and explore decentralized power solutions, projects utilizing these widespread low enthalpy reservoirs are proliferating. This trend directly fuels a substantial increase in demand for binary cycle turbines, creating a core growth area for manufacturers and technology providers within the geothermal steam turbine market.

Market for High-Efficiency Turbines in Emerging Geothermal Regions and Plant Modernization

The market for high efficiency turbines presents a substantial opportunity driven by two key trends. Firstly, emerging geothermal regions are actively developing new power plants. These regions prioritize acquiring advanced turbine technology from the outset to maximize energy extraction from their geothermal resources, ensuring optimal performance and economic viability for nascent projects. Suppliers offering superior, high efficiency models can capture this foundational demand. Secondly, a significant number of existing geothermal power plants globally require modernization. Many operational facilities are equipped with older, less efficient turbines nearing the end of their operational lifespan. Replacing these with cutting edge, high efficiency units dramatically improves power output, reduces operational costs, and extends the plant's overall productivity and profitability. This dual demand for both new installations and retrofits creates a robust market for innovative turbine manufacturers.

Global Geothermal Steam Turbine Market Segmentation Analysis

Key Market Segments

By Application

  • Electricity Generation
  • Direct Use Applications
  • District Heating
  • Desalination

By Design Type

  • Single-Flash Turbines
  • Double-Flash Turbines
  • Binary Cycle Turbines
  • Combined Cycle Turbines

By End Use

  • Residential
  • Commercial
  • Industrial
  • Utility

By Capacity

  • Small Scale
  • Medium Scale
  • Large Scale

Segment Share By Application

Share, By Application, 2025 (%)

  • Electricity Generation
  • Direct Use Applications
  • District Heating
  • Desalination
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$1.45BGlobal Market Size, 2025
Source:
www.makdatainsights.com

Why is Electricity Generation dominating the Global Geothermal Steam Turbine Market?

Electricity Generation commands an overwhelming majority share due to the intrinsic suitability of geothermal resources for continuous, baseload power production. Geothermal energy offers a stable and reliable source of electricity, unlike intermittent renewables. The substantial infrastructure and capital investment associated with geothermal projects are primarily justified by their contribution to national power grids, positioning electricity generation as the paramount driver for turbine deployment and market growth globally.

How do different Design Types influence market dynamics within the Geothermal Steam Turbine Market?

The selection of a specific design type is critical and directly correlates with the characteristics of the geothermal resource. Single flash and double flash turbines are widely adopted in regions possessing high temperature, high pressure reservoirs, enabling efficient direct conversion to electricity. Binary cycle turbines are increasingly preferred for lower temperature resources, owing to their closed loop system that prevents atmospheric emissions and their effectiveness in harnessing moderate heat, thereby expanding the viable application range of geothermal energy.

What role does End Use segmentation play in shaping demand for geothermal steam turbines?

The End Use segmentation, particularly the Utility sector, exerts the most significant influence on demand for geothermal steam turbines. Utility scale projects represent the vast majority of capacity installations, driven by large scale electricity generation for public consumption. While residential, commercial, and industrial applications exist for direct heat or smaller power needs, they typically utilize different geothermal technologies or smaller turbine configurations. The long term strategic planning and substantial capital allocation by utility companies underpin the demand for large and medium scale steam turbines.

What Regulatory and Policy Factors Shape the Global Geothermal Steam Turbine Market

The global geothermal steam turbine market navigates a complex regulatory environment shaped by national renewable energy mandates and international climate agreements. Governments worldwide are increasingly deploying supportive policies including feed in tariffs, tax credits, and direct subsidies to incentivize geothermal power generation. Long term power purchase agreements and streamlined permitting processes are crucial in de risking project investments, particularly in high growth regions like Southeast Asia, East Africa, and North America.

Environmental regulations encompassing impact assessments, land use, water rights, and H2S emission controls pose significant compliance requirements. Additionally, specific policies addressing seismic activity monitoring and mitigation are integral to project approval. Some nations offer risk sharing mechanisms for initial exploration drilling, reducing upfront capital barriers. Policy stability and clear regulatory frameworks are paramount for attracting private capital and accelerating the deployment of geothermal energy infrastructure globally.

What New Technologies are Shaping Global Geothermal Steam Turbine Market?

Innovations are significantly enhancing the global geothermal steam turbine market. Advanced binary cycle designs, particularly Organic Rankine Cycle (ORC) systems, are optimizing power generation from lower temperature geothermal resources, expanding the market’s reach. Material science advancements introduce corrosion and erosion resistant alloys, crucial for handling aggressive geothermal fluids and extending turbine operational life while reducing maintenance. Improved aerodynamic profiles and blade designs are further boosting efficiency across various turbine types.

Emerging technologies focus on next generation performance and resource utilization. Enhanced Geothermal Systems (EGS) and Advanced Geothermal Systems (AGS) are unlocking previously uneconomical dry or low permeability reservoirs, increasing geothermal potential. Supercritical CO2 power cycles are promising higher conversion efficiencies compared to traditional steam or binary systems. Digital twins and AI driven predictive analytics are becoming standard, enabling proactive maintenance, optimizing plant operations, and maximizing energy output, solidifying geothermal as a reliable baseload power source.

Global Geothermal Steam Turbine Market Regional Analysis

Global Geothermal Steam Turbine Market

Trends, by Region

Largest Market
Fastest Growing Market
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41.2%

Asia-Pacific Market
Revenue Share, 2025

Source:
www.makdatainsights.com

Dominant Region

Asia Pacific · 41.2% share

The Asia Pacific region commands a dominant position in the global geothermal steam turbine market, holding a significant 41.2% market share. This dominance stems from robust investments in renewable energy infrastructure across various nations. Countries like Indonesia and the Philippines are at the forefront, actively developing their vast geothermal reserves to meet escalating energy demands and reduce carbon footprints. Their governmental support and attractive policies for geothermal power projects incentivize new installations and expansions. Furthermore, technological advancements and increased awareness regarding sustainable energy solutions contribute to the region's sustained growth. The continuous pipeline of new projects and upgrades to existing plants further solidify Asia Pacific's leadership in this crucial sector.

Fastest Growing Region

Asia Pacific · 9.2% CAGR

Asia Pacific is projected to be the fastest growing region in the global geothermal steam turbine market with an impressive CAGR of 9.2% during the forecast period of 2026-2035. This robust growth is primarily fueled by an increasing focus on renewable energy sources and substantial governmental support for geothermal projects across several key economies. Countries like Indonesia and the Philippines, possessing significant geothermal resources, are actively investing in new power plant developments and expanding existing capacities. Furthermore technological advancements in drilling and turbine efficiency are making geothermal power more economically viable and attractive. The rising demand for stable baseload power coupled with environmental concerns over fossil fuels further accelerates the adoption of geothermal energy and consequently, geothermal steam turbines in the region.

Top Countries Overview

The U.S. plays a critical role in the global geothermal steam turbine market, primarily as a technology innovator and exporter. While domestic installations continue, American companies are prominent suppliers of advanced turbines worldwide, leveraging expertise in high-temperature and binary cycle systems. This positions the U.S. as a key driver of market growth and technological advancements, despite facing competition from European and Asian manufacturers.

China dominates the global geothermal steam turbine market. Chinese manufacturers offer competitive pricing and advanced technology, making them key suppliers globally. While domestic demand for geothermal is smaller, their export prowess, especially in developing nations embracing geothermal, solidifies their leading position. This expansion is further fueled by strategic partnerships and a strong manufacturing base.

India's role in the global geothermal steam turbine market is emerging, driven by domestic renewable energy targets. While not a major manufacturing hub currently, it represents a significant future market for global suppliers due to its vast geothermal potential. Local players are increasingly focused on developing domestic expertise and potentially manufacturing smaller components, influencing future market dynamics and supply chain strategies.

Impact of Geopolitical and Macroeconomic Factors

Geopolitical stability profoundly influences geothermal investment, particularly in regions with high resource potential but elevated political risk like parts of East Africa or Southeast Asia. Government policies, including renewable energy mandates, tax incentives, and streamlined permitting processes, are critical drivers. Geothermal projects are capital intensive and long lived, making them sensitive to policy consistency and the rule of law. Inter national collaboration and technology transfer agreements, often facilitated by diplomatic relations, can accelerate market growth by bringing expertise and financing to developing nations. Trade policies impacting the import/export of specialized equipment also play a significant role in project costs and timelines.

Macroeconomically, interest rates directly affect project financing costs, influencing investment decisions. Inflation impacts the cost of materials and labor over a project's multi year development cycle. Energy prices, particularly for alternatives like natural gas, can make geothermal more or less competitive; high fossil fuel prices generally boost geothermal's attractiveness. Economic growth fuels electricity demand, creating a greater need for baseload power sources like geothermal. Currency fluctuations can impact the profitability of projects financed in one currency and generating revenue in another. Access to affordable capital through development banks or private investors is paramount for market expansion.

Recent Developments

  • March 2025

    Siemens Energy announced a strategic partnership with a prominent geothermal project developer in Indonesia to supply advanced steam turbine technology for a new 100MW power plant. This collaboration aims to accelerate the deployment of high-efficiency geothermal solutions in Southeast Asia, leveraging Siemens' expertise in turbine engineering and project management.

  • January 2025

    Mitsubishi Power unveiled its latest generation of modular geothermal steam turbines, specifically designed for smaller, decentralized geothermal projects. This product launch addresses the growing demand for flexible and scalable solutions, allowing for quicker deployment and reduced construction times for geothermal power plants between 10MW and 50MW.

  • November 2024

    Ormat Technologies completed the acquisition of a geothermal power plant portfolio from Calpine in California, significantly expanding its operational capacity in the US market. This strategic acquisition strengthens Ormat's position as a leading geothermal energy producer and integrates advanced steam turbine technologies from the acquired assets into its existing operations.

  • February 2025

    Invenergy announced a joint venture with Energia Geotermica to develop a large-scale geothermal project in the East African Rift Valley, aiming for over 200MW of capacity. This partnership combines Invenergy's project development and financing expertise with Energia Geotermica's regional knowledge and access to prime geothermal resources, likely incorporating advanced steam turbine technology from leading manufacturers.

  • April 2025

    Toshiba Energy Systems & Solutions launched a new R&D initiative focused on developing high-temperature, high-pressure steam turbines specifically for next-generation enhanced geothermal systems (EGS). This strategic initiative aims to overcome the technical challenges associated with extracting geothermal energy from deeper, hotter reservoirs, pushing the boundaries of current geothermal power generation capabilities.

Key Players Analysis

Mitsubishi, Toshiba, and Siemens are dominant players, offering advanced steam turbines and driving market growth through technological innovation and strategic partnerships. Ormat Technologies excels in binary cycle technology, while Calpine and Chevron are key project developers expanding geothermal power generation. Alstom and Clyde Bergemann, though having undergone corporate changes, historically contributed with turbine solutions. Invenergy and Energia Ge2otermica represent emerging developers focused on renewable energy expansion. These companies leverage a range of technologies including flash, dry steam, and binary cycle turbines, continuously improving efficiency and cost effectiveness to capitalize on the increasing global demand for sustainable energy.

List of Key Companies:

  1. Mitsubishi
  2. Clyde Bergemann
  3. Alstom
  4. Invenergy
  5. Energia Geotermica
  6. Ormat Technologies
  7. Calpine
  8. Chevron
  9. Toshiba
  10. Siemens
  11. Enel Green Power
  12. Exelon
  13. Aalborg Energie Technik
  14. Bosch Thermotechnology
  15. Alterra Power

Report Scope and Segmentation

Report ComponentDescription
Market Size (2025)USD 1.45 Billion
Forecast Value (2035)USD 2.52 Billion
CAGR (2026-2035)6.4%
Base Year2025
Historical Period2020-2025
Forecast Period2026-2035
Segments Covered
  • By Application:
    • Electricity Generation
    • Direct Use Applications
    • District Heating
    • Desalination
  • By Design Type:
    • Single-Flash Turbines
    • Double-Flash Turbines
    • Binary Cycle Turbines
    • Combined Cycle Turbines
  • By End Use:
    • Residential
    • Commercial
    • Industrial
    • Utility
  • By Capacity:
    • Small Scale
    • Medium Scale
    • Large Scale
Regional Analysis
  • North America
  • • United States
  • • Canada
  • Europe
  • • Germany
  • • France
  • • United Kingdom
  • • Spain
  • • Italy
  • • Russia
  • • Rest of Europe
  • Asia-Pacific
  • • China
  • • India
  • • Japan
  • • South Korea
  • • New Zealand
  • • Singapore
  • • Vietnam
  • • Indonesia
  • • Rest of Asia-Pacific
  • Latin America
  • • Brazil
  • • Mexico
  • • Rest of Latin America
  • Middle East and Africa
  • • South Africa
  • • Saudi Arabia
  • • UAE
  • • Rest of Middle East and Africa

Table of Contents:

1. Introduction
1.1. Objectives of Research
1.2. Market Definition
1.3. Market Scope
1.4. Research Methodology
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Market Factor Analysis
4.1. Porter's Five Forces Model Analysis
4.1.1. Rivalry among Existing Competitors
4.1.2. Bargaining Power of Buyers
4.1.3. Bargaining Power of Suppliers
4.1.4. Threat of Substitute Products or Services
4.1.5. Threat of New Entrants
4.2. PESTEL Analysis
4.2.1. Political Factors
4.2.2. Economic & Social Factors
4.2.3. Technological Factors
4.2.4. Environmental Factors
4.2.5. Legal Factors
4.3. Supply and Value Chain Assessment
4.4. Regulatory and Policy Environment Review
4.5. Market Investment Attractiveness Index
4.6. Technological Innovation and Advancement Review
4.7. Impact of Geopolitical and Macroeconomic Factors
4.8. Trade Dynamics: Import-Export Assessment (Where Applicable)
5. Global Geothermal Steam Turbine Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
5.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
5.1.1. Electricity Generation
5.1.2. Direct Use Applications
5.1.3. District Heating
5.1.4. Desalination
5.2. Market Analysis, Insights and Forecast, 2020-2035, By Design Type
5.2.1. Single-Flash Turbines
5.2.2. Double-Flash Turbines
5.2.3. Binary Cycle Turbines
5.2.4. Combined Cycle Turbines
5.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
5.3.1. Residential
5.3.2. Commercial
5.3.3. Industrial
5.3.4. Utility
5.4. Market Analysis, Insights and Forecast, 2020-2035, By Capacity
5.4.1. Small Scale
5.4.2. Medium Scale
5.4.3. Large Scale
5.5. Market Analysis, Insights and Forecast, 2020-2035, By Region
5.5.1. North America
5.5.2. Europe
5.5.3. Asia-Pacific
5.5.4. Latin America
5.5.5. Middle East and Africa
6. North America Geothermal Steam Turbine Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
6.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
6.1.1. Electricity Generation
6.1.2. Direct Use Applications
6.1.3. District Heating
6.1.4. Desalination
6.2. Market Analysis, Insights and Forecast, 2020-2035, By Design Type
6.2.1. Single-Flash Turbines
6.2.2. Double-Flash Turbines
6.2.3. Binary Cycle Turbines
6.2.4. Combined Cycle Turbines
6.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
6.3.1. Residential
6.3.2. Commercial
6.3.3. Industrial
6.3.4. Utility
6.4. Market Analysis, Insights and Forecast, 2020-2035, By Capacity
6.4.1. Small Scale
6.4.2. Medium Scale
6.4.3. Large Scale
6.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
6.5.1. United States
6.5.2. Canada
7. Europe Geothermal Steam Turbine Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
7.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
7.1.1. Electricity Generation
7.1.2. Direct Use Applications
7.1.3. District Heating
7.1.4. Desalination
7.2. Market Analysis, Insights and Forecast, 2020-2035, By Design Type
7.2.1. Single-Flash Turbines
7.2.2. Double-Flash Turbines
7.2.3. Binary Cycle Turbines
7.2.4. Combined Cycle Turbines
7.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
7.3.1. Residential
7.3.2. Commercial
7.3.3. Industrial
7.3.4. Utility
7.4. Market Analysis, Insights and Forecast, 2020-2035, By Capacity
7.4.1. Small Scale
7.4.2. Medium Scale
7.4.3. Large Scale
7.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
7.5.1. Germany
7.5.2. France
7.5.3. United Kingdom
7.5.4. Spain
7.5.5. Italy
7.5.6. Russia
7.5.7. Rest of Europe
8. Asia-Pacific Geothermal Steam Turbine Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
8.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
8.1.1. Electricity Generation
8.1.2. Direct Use Applications
8.1.3. District Heating
8.1.4. Desalination
8.2. Market Analysis, Insights and Forecast, 2020-2035, By Design Type
8.2.1. Single-Flash Turbines
8.2.2. Double-Flash Turbines
8.2.3. Binary Cycle Turbines
8.2.4. Combined Cycle Turbines
8.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
8.3.1. Residential
8.3.2. Commercial
8.3.3. Industrial
8.3.4. Utility
8.4. Market Analysis, Insights and Forecast, 2020-2035, By Capacity
8.4.1. Small Scale
8.4.2. Medium Scale
8.4.3. Large Scale
8.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
8.5.1. China
8.5.2. India
8.5.3. Japan
8.5.4. South Korea
8.5.5. New Zealand
8.5.6. Singapore
8.5.7. Vietnam
8.5.8. Indonesia
8.5.9. Rest of Asia-Pacific
9. Latin America Geothermal Steam Turbine Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
9.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
9.1.1. Electricity Generation
9.1.2. Direct Use Applications
9.1.3. District Heating
9.1.4. Desalination
9.2. Market Analysis, Insights and Forecast, 2020-2035, By Design Type
9.2.1. Single-Flash Turbines
9.2.2. Double-Flash Turbines
9.2.3. Binary Cycle Turbines
9.2.4. Combined Cycle Turbines
9.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
9.3.1. Residential
9.3.2. Commercial
9.3.3. Industrial
9.3.4. Utility
9.4. Market Analysis, Insights and Forecast, 2020-2035, By Capacity
9.4.1. Small Scale
9.4.2. Medium Scale
9.4.3. Large Scale
9.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
9.5.1. Brazil
9.5.2. Mexico
9.5.3. Rest of Latin America
10. Middle East and Africa Geothermal Steam Turbine Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
10.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
10.1.1. Electricity Generation
10.1.2. Direct Use Applications
10.1.3. District Heating
10.1.4. Desalination
10.2. Market Analysis, Insights and Forecast, 2020-2035, By Design Type
10.2.1. Single-Flash Turbines
10.2.2. Double-Flash Turbines
10.2.3. Binary Cycle Turbines
10.2.4. Combined Cycle Turbines
10.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
10.3.1. Residential
10.3.2. Commercial
10.3.3. Industrial
10.3.4. Utility
10.4. Market Analysis, Insights and Forecast, 2020-2035, By Capacity
10.4.1. Small Scale
10.4.2. Medium Scale
10.4.3. Large Scale
10.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
10.5.1. South Africa
10.5.2. Saudi Arabia
10.5.3. UAE
10.5.4. Rest of Middle East and Africa
11. Competitive Analysis and Company Profiles
11.1. Market Share of Key Players
11.1.1. Global Company Market Share
11.1.2. Regional/Sub-Regional Company Market Share
11.2. Company Profiles
11.2.1. Mitsubishi
11.2.1.1. Business Overview
11.2.1.2. Products Offering
11.2.1.3. Financial Insights (Based on Availability)
11.2.1.4. Company Market Share Analysis
11.2.1.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.1.6. Strategy
11.2.1.7. SWOT Analysis
11.2.2. Clyde Bergemann
11.2.2.1. Business Overview
11.2.2.2. Products Offering
11.2.2.3. Financial Insights (Based on Availability)
11.2.2.4. Company Market Share Analysis
11.2.2.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.2.6. Strategy
11.2.2.7. SWOT Analysis
11.2.3. Alstom
11.2.3.1. Business Overview
11.2.3.2. Products Offering
11.2.3.3. Financial Insights (Based on Availability)
11.2.3.4. Company Market Share Analysis
11.2.3.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.3.6. Strategy
11.2.3.7. SWOT Analysis
11.2.4. Invenergy
11.2.4.1. Business Overview
11.2.4.2. Products Offering
11.2.4.3. Financial Insights (Based on Availability)
11.2.4.4. Company Market Share Analysis
11.2.4.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.4.6. Strategy
11.2.4.7. SWOT Analysis
11.2.5. Energia Geotermica
11.2.5.1. Business Overview
11.2.5.2. Products Offering
11.2.5.3. Financial Insights (Based on Availability)
11.2.5.4. Company Market Share Analysis
11.2.5.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.5.6. Strategy
11.2.5.7. SWOT Analysis
11.2.6. Ormat Technologies
11.2.6.1. Business Overview
11.2.6.2. Products Offering
11.2.6.3. Financial Insights (Based on Availability)
11.2.6.4. Company Market Share Analysis
11.2.6.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.6.6. Strategy
11.2.6.7. SWOT Analysis
11.2.7. Calpine
11.2.7.1. Business Overview
11.2.7.2. Products Offering
11.2.7.3. Financial Insights (Based on Availability)
11.2.7.4. Company Market Share Analysis
11.2.7.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.7.6. Strategy
11.2.7.7. SWOT Analysis
11.2.8. Chevron
11.2.8.1. Business Overview
11.2.8.2. Products Offering
11.2.8.3. Financial Insights (Based on Availability)
11.2.8.4. Company Market Share Analysis
11.2.8.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.8.6. Strategy
11.2.8.7. SWOT Analysis
11.2.9. Toshiba
11.2.9.1. Business Overview
11.2.9.2. Products Offering
11.2.9.3. Financial Insights (Based on Availability)
11.2.9.4. Company Market Share Analysis
11.2.9.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.9.6. Strategy
11.2.9.7. SWOT Analysis
11.2.10. Siemens
11.2.10.1. Business Overview
11.2.10.2. Products Offering
11.2.10.3. Financial Insights (Based on Availability)
11.2.10.4. Company Market Share Analysis
11.2.10.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.10.6. Strategy
11.2.10.7. SWOT Analysis
11.2.11. Enel Green Power
11.2.11.1. Business Overview
11.2.11.2. Products Offering
11.2.11.3. Financial Insights (Based on Availability)
11.2.11.4. Company Market Share Analysis
11.2.11.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.11.6. Strategy
11.2.11.7. SWOT Analysis
11.2.12. Exelon
11.2.12.1. Business Overview
11.2.12.2. Products Offering
11.2.12.3. Financial Insights (Based on Availability)
11.2.12.4. Company Market Share Analysis
11.2.12.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.12.6. Strategy
11.2.12.7. SWOT Analysis
11.2.13. Aalborg Energie Technik
11.2.13.1. Business Overview
11.2.13.2. Products Offering
11.2.13.3. Financial Insights (Based on Availability)
11.2.13.4. Company Market Share Analysis
11.2.13.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.13.6. Strategy
11.2.13.7. SWOT Analysis
11.2.14. Bosch Thermotechnology
11.2.14.1. Business Overview
11.2.14.2. Products Offering
11.2.14.3. Financial Insights (Based on Availability)
11.2.14.4. Company Market Share Analysis
11.2.14.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.14.6. Strategy
11.2.14.7. SWOT Analysis
11.2.15. Alterra Power
11.2.15.1. Business Overview
11.2.15.2. Products Offering
11.2.15.3. Financial Insights (Based on Availability)
11.2.15.4. Company Market Share Analysis
11.2.15.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.15.6. Strategy
11.2.15.7. SWOT Analysis

List of Figures

List of Tables

Table 1: Global Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 2: Global Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Design Type, 2020-2035

Table 3: Global Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 4: Global Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Capacity, 2020-2035

Table 5: Global Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Region, 2020-2035

Table 6: North America Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 7: North America Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Design Type, 2020-2035

Table 8: North America Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 9: North America Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Capacity, 2020-2035

Table 10: North America Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Country, 2020-2035

Table 11: Europe Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 12: Europe Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Design Type, 2020-2035

Table 13: Europe Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 14: Europe Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Capacity, 2020-2035

Table 15: Europe Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 16: Asia Pacific Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 17: Asia Pacific Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Design Type, 2020-2035

Table 18: Asia Pacific Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 19: Asia Pacific Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Capacity, 2020-2035

Table 20: Asia Pacific Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 21: Latin America Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 22: Latin America Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Design Type, 2020-2035

Table 23: Latin America Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 24: Latin America Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Capacity, 2020-2035

Table 25: Latin America Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 26: Middle East & Africa Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 27: Middle East & Africa Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Design Type, 2020-2035

Table 28: Middle East & Africa Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 29: Middle East & Africa Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Capacity, 2020-2035

Table 30: Middle East & Africa Geothermal Steam Turbine Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Frequently Asked Questions

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