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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