Organic Rankine Cycle (ORC) Technology Market Surges from $298.8 Million in 2022 to Projected $1.3 Billion by 2030 with 20% CAGR – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Organic Rankine Cycle – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.

The global market for Organic Rankine Cycle (ORC) technology is on a robust growth trajectory, with the market estimated at $298.8 million in 2022 and projected to reach $1.3 billion by 2030. This growth is driven by a remarkable Compound Annual Growth Rate (CAGR) of 20% during the analysis period from 2022 to 2030.

Key Segment Insights

• Geothermal: The geothermal segment is anticipated to lead the growth with a CAGR of 20.4%. It is poised to reach $1.1 billion by the end of the analysis period.
• Waste Heat Recovery: The waste heat recovery segment is estimated to grow at an 18% CAGR for the next 8 years.

Select Key Competitors

• Toshiba Corporation
• General Electric Company
• Siemens Energy AG
• Toshiba Mitsubishi Electric Industrial Systems Co., Ltd.
• Barber-Nichols, Inc.
• Enogia, SAS
• R&D Dynamics Corporation
• Air Squared, Inc.
• Sigma Thermal
• ElectraTherm, Inc.
• Entropea Labs Limited
• Opel Energy Systems Private Limited
• TransPacific Energy, Inc.
• Turboden SPA
• Boustead International Heaters Limited

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
• As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
• World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
• COVID-19 Crisis Underlines the Need for Sustainable Development
• Investment Scenario on Renewable Energy Remains Impacted
• Global Investments in Clean Energy & Efficiency Technologies (In US$ Billion) for the Years 2018, 2019 & 2020
• Inevitable Rise in Energy Demand Post COVID-19 to Throw Spotlight on Renewable Energy Driving the Organic Rankine Cycle Market
• COVID-19 Brings Serious Challenges for Biomass Power Industry
• COVID-19 Brings Geothermal Projects to a Standstill in Turkey
• Organic Rankine Cycle – Global Key Competitors Percentage Market Share in 2023 (E)
• An Introduction to Organic Rankine Cycle (ORC)
• ORC Technology: Primary Applications
• Global Energy Mix: 1990 Vs 2020 Vs 2030
• Global Renewable Energy Breakdown by Type: 2010 Vs 2030
• Global Market Prospects & Outlook
• Clean Energy Generation Bonanza Portends Radical Gains for Global ORC Market
• ORC Waste Heat to Power Market Enjoys Real Moment with Adoption of Clean Energy Generation Technologies
• Researchers Bet on Innovative ORC Technology to Exploit Industrial Waste Heat
• Analysis by Application
• World Organic Rankine Cycle Market by Application (2021 & 2027): Percentage Breakdown of Revenues for Geothermal, Waste Heat Recovery, and Other Applications
• Regional Analysis
• World Organic Rankine Cycle Market (2021 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
• World Organic Rankine Cycle Market – Geographic Regions Ranked by Value CAGR for 2020-2027: USA, Asia-Pacific, Rest of World, Europe, and Canada
• Competitive Scenario
• Recent Market Activity
• Select Global Brands
• Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Industrial Applications of ORC
• Rising Demand for Single-Stage and Cascaded ORC Systems
• Commercial Use of Organic ORC Systems for Small and Large Scale Thermal Conversion
• Steam Rankine Cycle Systems for Nuclear Plants and Coal-fired Power Plants
• Recycling Waste Heat with ORC for Self-consumption of Plant
• Novel ORC Couples Subcritical and Supercritical Heat Absorption Procedures
• Optimized Regenerative ORC Enhance Performance of Internal Combustion Engines
• ORC Technology Helps Recover Potentially Huge Amount of Waste Heat
• The Role of ORC in Decarbonization Goals
• Domestic GHG Emission Reduction Targets of Select Regions/Countries
• World Carbon Footprint Management Market by Vertical (2020 & 2027): Percentage Breakdown of Revenues for Energy & Utilities, Manufacturing, Transportation & Logistics, Residential & Commercial Buildings, and IT & Telecom
• ORC System Seeks Role in Waste Heat Recovery Technologies
• Global Waste Generation, by Region (in millions of tonnes/year): 2016, 2030, 2050
• Percentage of Municipal Solid Waste Burned with Energy Recovery in Select Countries
• Novel Opportunities in Waste to Energy Sector
• Uptrend in Geothermal Power Sector Augurs Well
• Global Geothermal Energy Installed Capacity (GW) for the Years 2010-2019
• Geothermal Power Installed Capacity (in MW) by Country for 2020
• Geothermal Capacity Additions (in GW) by Region/Country for 2019, 2020 & 2021
• Impact of Geothermal Stations on the Environment
• Patent Activity in Geothermal Energy Sector
• # of Patent Applications in Advanced Geothermal Market for 2000-2019
• Expanding Biomass Sector Offers Opportunities
• Biomass CHP as a Percentage of Total CHP Generation in Select Countries
• Issues Linked to ORC and Possible Solutions

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/269s6f

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