Global Organic Rankine Cycle Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Organic Rankine Cycle Market is presumed to reach the market size of nearly USD 1006.57 Million by 2032 from USD 835.59 Million in 2023 with a CAGR of 2.09% under the study period 2024-2032.

The organic Rankine cycle (ORC) is a thermodynamic process used to generate electricity from low- to medium-temperature heat sources by exploiting the vaporization and condensation of an organic working fluid. Like the conventional Rankine cycle used in steam power plants, the ORC operates in a closed-loop system where the working fluid is pumped, vaporized, expanded through a turbine to produce mechanical work, and then condensed into liquid form to repeat the cycle. ORC systems are commonly used in renewable energy applications such as geothermal power plants, biomass combustion, waste heat recovery, and solar thermal systems to convert heat into electricity efficiently and sustainably.

MARKET DYNAMICS

The increasing focus on renewable energy sources and waste heat recovery drives the adoption of ORC systems as efficient and sustainable solutions for converting low-temperature heat into electricity in various industrial processes and applications. As industries seek to improve energy efficiency, reduce emissions, and lower operating costs, there is a growing demand for ORC systems that offer flexible and scalable power generation solutions to capture and utilize waste heat streams from sources such as exhaust gases, process fluids, and geothermal reservoirs. Moreover, advancements in ORC technology, such as improved organic working fluids, enhanced heat exchanger designs, and advanced control systems, drive organic Rankine cycle market growth by offering solutions that optimize performance, reliability, and cost-effectiveness to meet customer needs and regulatory requirements.

Additionally, the increasing adoption of ORC systems in distributed power generation, cogeneration, and combined heat and power (CHP) applications drives organic Rankine cycle market expansion by offering decentralized and onsite energy solutions that enhance energy security, resilience, and sustainability for industrial, commercial, and residential users. Furthermore, the growing interest in ORC systems for renewable energy integration, grid stabilization, and energy storage applications creates opportunities for market players to innovate and develop ORC solutions that contribute to the transition towards a low-carbon energy future. However, advancements in waste heat recovery technologies or shifts towards renewable energy may challenge the organic Rankine cycle market growth.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Organic Rankine Cycle. The growth and trends of Organic Rankine Cycle industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Organic Rankine Cycle market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Application

Waste Heat Recovery (Petroleum Refinery, Chemical, Glass, Cement, Metal Production And Casting (Iron & Steel))
Biomass
Geothermal
Solar Thermal
Oil & Gas (Gas Pipeline Pressure Stations)
Waste To Energy

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Organic Rankine Cycle market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Organic Rankine Cycle market include Turboden S.P.A., Exergy International Srl, Zhejiang Kaishan Compressor Co. Ltd., Enogia SAS, Triogen, Calnetix Technologies LLC, ABB, Atlas Copco AB, TAS Energy Inc. (TAS), Elvosolar, A.S. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR112114572

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. ORGANIC RANKINE CYCLE - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Application
- 3.7.2 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL ORGANIC RANKINE CYCLE MARKET ANALYSIS BY APPLICATION

5.1. Overview By Application
5.2. Historical and Forecast Data
5.3. Analysis By Application
5.4. Waste Heat Recovery (Petroleum Refinery, Chemical, Glass, Cement, Metal Production And Casting (Iron & Steel)) Historic and Forecast Sales By Regions
5.5. Biomass Historic and Forecast Sales By Regions
5.6. Geothermal Historic and Forecast Sales By Regions
5.7. Solar Thermal Historic and Forecast Sales By Regions
5.8. Oil & Gas (Gas Pipeline Pressure Stations) Historic and Forecast Sales By Regions
5.9. Waste To Energy Historic and Forecast Sales By Regions

6. GLOBAL ORGANIC RANKINE CYCLE MARKET ANALYSIS BY GEOGRAPHY

6.1. Regional Outlook
6.2. Introduction
6.3. North America Sales Analysis
- 6.3.1 Overview, Historic and Forecast Data Sales Analysis
- 6.3.2 North America By Segment Sales Analysis
- 6.3.3 North America By Country Sales Analysis
- 6.3.4 United States Sales Analysis
- 6.3.5 Canada Sales Analysis
- 6.3.6 Mexico Sales Analysis
6.4. Europe Sales Analysis
- 6.4.1 Overview, Historic and Forecast Data Sales Analysis
- 6.4.2 Europe By Segment Sales Analysis
- 6.4.3 Europe By Country Sales Analysis
- 6.4.4 United Kingdom Sales Analysis
- 6.4.5 France Sales Analysis
- 6.4.6 Germany Sales Analysis
- 6.4.7 Italy Sales Analysis
- 6.4.8 Russia Sales Analysis
- 6.4.9 Rest Of Europe Sales Analysis
6.5. Asia Pacific Sales Analysis
- 6.5.1 Overview, Historic and Forecast Data Sales Analysis
- 6.5.2 Asia Pacific By Segment Sales Analysis
- 6.5.3 Asia Pacific By Country Sales Analysis
- 6.5.4 China Sales Analysis
- 6.5.5 India Sales Analysis
- 6.5.6 Japan Sales Analysis
- 6.5.7 South Korea Sales Analysis
- 6.5.8 Australia Sales Analysis
- 6.5.9 South East Asia Sales Analysis
- 6.5.10 Rest Of Asia Pacific Sales Analysis
6.6. Latin America Sales Analysis
- 6.6.1 Overview, Historic and Forecast Data Sales Analysis
- 6.6.2 Latin America By Segment Sales Analysis
- 6.6.3 Latin America By Country Sales Analysis
- 6.6.4 Brazil Sales Analysis
- 6.6.5 Argentina Sales Analysis
- 6.6.6 Peru Sales Analysis
- 6.6.7 Chile Sales Analysis
- 6.6.8 Rest of Latin America Sales Analysis
6.7. Middle East & Africa Sales Analysis
- 6.7.1 Overview, Historic and Forecast Data Sales Analysis
- 6.7.2 Middle East & Africa By Segment Sales Analysis
- 6.7.3 Middle East & Africa By Country Sales Analysis
- 6.7.4 Saudi Arabia Sales Analysis
- 6.7.5 UAE Sales Analysis
- 6.7.6 Israel Sales Analysis
- 6.7.7 South Africa Sales Analysis
- 6.7.8 Rest Of Middle East And Africa Sales Analysis

7. COMPETITIVE LANDSCAPE OF THE ORGANIC RANKINE CYCLE COMPANIES

7.1. Organic Rankine Cycle Market Competition
7.2. Partnership/Collaboration/Agreement
7.3. Merger And Acquisitions
7.4. New Product Launch
7.5. Other Developments

8. COMPANY PROFILES OF ORGANIC RANKINE CYCLE INDUSTRY

8.1. Top Companies Market Share Analysis
8.2. Market Concentration Rate
8.3. Turboden S.P.A.
- 8.3.1 Company Overview
- 8.3.2 Company Revenue
- 8.3.3 Products
- 8.3.4 Recent Developments
8.4. Exergy International Srl
- 8.4.1 Company Overview
- 8.4.2 Company Revenue
- 8.4.3 Products
- 8.4.4 Recent Developments
8.5. Zhejiang Kaishan Compressor Co. Ltd.
- 8.5.1 Company Overview
- 8.5.2 Company Revenue
- 8.5.3 Products
- 8.5.4 Recent Developments
8.6. Enogia SAS
- 8.6.1 Company Overview
- 8.6.2 Company Revenue
- 8.6.3 Products
- 8.6.4 Recent Developments
8.7. Triogen
- 8.7.1 Company Overview
- 8.7.2 Company Revenue
- 8.7.3 Products
- 8.7.4 Recent Developments
8.8. Calnetix Technologies LLC
- 8.8.1 Company Overview
- 8.8.2 Company Revenue
- 8.8.3 Products
- 8.8.4 Recent Developments
8.9. ABB
- 8.9.1 Company Overview
- 8.9.2 Company Revenue
- 8.9.3 Products
- 8.9.4 Recent Developments
8.10. Atlas Copco AB
- 8.10.1 Company Overview
- 8.10.2 Company Revenue
- 8.10.3 Products
- 8.10.4 Recent Developments
8.11. TAS Energy Inc. (TAS)
- 8.11.1 Company Overview
- 8.11.2 Company Revenue
- 8.11.3 Products
- 8.11.4 Recent Developments
8.12. Elvosolar A.S
- 8.12.1 Company Overview
- 8.12.2 Company Revenue
- 8.12.3 Products
- 8.12.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies