DUBLIN, April 15, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/mqvq2d/global_geothermal) has announced the addition of the "Global Geothermal Power Generation Market Report" report to their offering.
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The analysts forecast the Global Geothermal Power Generation market to grow at a CAGR of 9.5 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing consumption of renewable energy. The Global Geothermal Power Generation market has also been witnessing increasing investments in R&D. However, the huge capital investment needed to construct geothermal power plants could pose a challenge to the growth of this market.
The report, the Global Geothermal Power Generation Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas and the EMEA and APAC regions; it also covers the Global Geothermal Power Generation market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The increasing R&D activity in geothermal power generation is one of the major trends observed in the Global Geothermal Power Generation market. Some of the international and national agencies such as the International Geothermal Association, and the Geothermal Energy Association are involved in the research for developing and locating feasible and proven geothermal reserves.
These associations are also attracting the investors toward the Geothermal Power projects. Further, it is expected that in the coming years huge investments will be made in the Geothermal Power industry.
According to the report, one of the major drivers is the increase in the consumption of renewable energy. Attributed to the increased focus on the issue of greenhouse gas emission from the fossil fuel-based power generation plants and depletion of energy resources, an increased focus on various renewable energy generation technologies has been observed, which leads to the increase in the consumption of power from geothermal power plants.
Further, the report states that one of the major challenges is the large capital cost involved in the generation of electricity through geothermal plants. The reason for the high capital cost is the location of the power plants, which are generally built in remote locations, making grid connectivity very difficult.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
1. Executive Summary
2. List of Abbreviations
4. Market Research Methodology
5. Scope of the Report
6. Market Landscape
7. Geographical Segmentation
8. Key Leading Countries
9. Vendor Landscape
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Key Vendor Analysis
17. Other Reports in this Series
- Associated Electrical Industries
- Atlas Copco Mafi-Trench Co. LLC
- British Thompson Houston
- Elliot Scott Ltd.
- Fuji Electric Holding Co. Ltd.
- GE Energy
- Kaluga Turbine Works
- Kawasaki Heavy Industries
- Mitsubishi Heavy Industries Ltd.
- Ormat Technologies Inc.
- Siemens AG
- Toshiba International Corp.
- Turbine Air System Ltd.
For more information visit http://www.researchandmarkets.com/research/mqvq2d/global_geothermal
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets