Geothermal Energy Market in Sweden Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Sweden Top Geothermal Energy Companies and the market report provides an insight into the market size, growth, share, trends, analysis, government policies and regulations, competitive landscape, market dynamics, and opportunities.

Geothermal Energy Market in Sweden Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Sweden Geothermal Energy Market Size

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Sweden Geothermal Energy Market
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 2.50 %
Market Concentration High

Major Players

Sweden Geothermal Energy Market Size

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Sweden Geothermal Energy Market with other markets in Energy & Power Industry

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Sweden Geothermal Energy Market Analysis

The Sweden Geothermal Energy Market is expected to register a CAGR of greater than 2.5% during the forecast period.

  • An increase in investment and financial incentives from the government is expected to drive the market during the forecast period.
  • In the Swedish crystalline bedrock, which has a moderate geothermal gradient, very large borehole depths are required to reach sufficiently high geothermal temperatures. In Skane in the south of Sweden, where the geothermal gradient in the sedimentary rock is approximately 30°C/km, temperatures above 100°C may be reached at a depth of 3-3.5 km. Government participation and technological advancement are expected to produce both heat and electricity from Skane,and this, in turn, is expected to create an opportunity for the market to grow in the near future.
  • Increasing deployment of bioenergy as a district heating solution is likely to restrict market growth during the forecast period.

Sweden Geothermal Energy Industry Overview

Sweden geothermal energy market is consolidated. Some of the key players in the market include WSP Global Inc., Climeon AB, MalmbergGruppen AB, Mincon Group Plc, and E.ON SE.

Sweden Geothermal Energy Market Leaders

  1. WSP Global Inc.

  2. Climeon AB

  3. MalmbergGruppen AB

  4. Mincon Group Plc

  5. E.ON SE

  6. *Disclaimer: Major Players sorted in no particular order
WSP Global Inc.,  Climeon AB, MalmbergGruppen AB, Mincon Group Plc., E.ON SE
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Sweden Geothermal Energy Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Sweden Geothermal Energy Installed Capacity in MW, till 2025
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. COMPETITIVE LANDSCAPE

  • 5.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 5.2 Strategies Adopted by Leading Players
  • 5.3 Company Profiles
    • 5.3.1 WSP Global Inc.
    • 5.3.2 Climeon AB
    • 5.3.3 MalmbergGruppen AB
    • 5.3.4 Mincon Group Plc.
    • 5.3.5 E.ON SE
  • *List Not Exhaustive

6. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Sweden Geothermal Energy Industry Segmentation

The Sweden geothermal energy market report includes:

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Sweden Geothermal Energy Market Research FAQs

What is the current Sweden Geothermal Energy Market size?

The Sweden Geothermal Energy Market is projected to register a CAGR of greater than 2.5% during the forecast period (2025-2030)

Who are the key players in Sweden Geothermal Energy Market?

WSP Global Inc., Climeon AB, MalmbergGruppen AB, Mincon Group Plc and E.ON SE are the major companies operating in the Sweden Geothermal Energy Market.

What years does this Sweden Geothermal Energy Market cover?

The report covers the Sweden Geothermal Energy Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Sweden Geothermal Energy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Geothermal Energy in Sweden Industry Report

Statistics for the 2025 Sweden Geothermal Energy market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Sweden Geothermal Energy analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.