Press release
North America Organic Rankine Cycle (ORC) Waste Heat to Power Market - Grow at a Significant CAGR 9.2%, Leading Brands, Key Highlights, Business Opportunities, Industry Trends and Forecast to 2029
The winning North America Organic Rankine Cycle (ORC) Waste Heat to Power market study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. The market survey report gives the details about market trends, future prospects, market restraints, leading market drivers, several market segments, key developments, key players in the market, and competitor strategies. To understand the competitive landscape in the market, an analysis of Porter's five forces model for the market has also been included. Furthermore, businesses can decide upon the strategies about the product, customer, key player, sales, promotion or marketing by acquiring a detailed analysis of competitive markets via North America Organic Rankine Cycle (ORC) Waste Heat to Power report.An international North America Organic Rankine Cycle (ORC) Waste Heat to Power market research report examines competitive companies and manufacturers in the global market. It studies market by product type, applications and growth factors. Moreover, industry status and outlook for major applications, end users, and usage area is also included for the market study. This market document puts light on various aspects of marketing research that range from important industry trends, market size, market share estimates, sales volume, emerging trends, product consumption, customer preferences, historic data along with future forecast and key player analysis. An unswerving North America Organic Rankine Cycle (ORC) Waste Heat to Power report has answers to many important questions that companies may have when operating in the North America Organic Rankine Cycle (ORC) Waste Heat to Power industry.
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Data Bridge Market Research analyses that the North America organic rankine cycle (ORC) waste heat to power market is expected to reach the value of USD 1,379,245.87 thousand by 2029, at a CAGR of 9.2% during the forecast period. The organic rankine cycle (ORC) waste heat to power market report also comprehensively covers pricing analysis, patent analysis, and technological advancements.
Market Definition
Organic rankine cycle (ORC) systems are used for power production from low to medium-temperature heat sources at 80 to 350 °C and for small-medium applications at any temperature. This technology allows for the exploitation of low-grade heat that otherwise would be wasted. The working principle of an organic rankine cycle power plant is similar to the most widely used process for power generation, the clausius-rankine cycle.
The main difference is using organic substances instead of water (steam) as a working fluid. The organic working fluid has a lower boiling point and a higher vapor pressure than water and is, therefore, able to use low-temperature heat sources to produce electricity. The organic fluid is chosen to best fit the heat source according to their differing thermodynamic properties, thus obtaining higher efficiencies of both cycle and expander.
Recent Development
In September 2020, BorgWarner Inc. entered into a partnership with Plug and Play. The main objective behind this strategic partnership was to enhance inventive ideas in the automotive and tech sector to boost the sector's capabilities to new heights. Through this company expanded its automotive and tech sector market.
In December 2018, Corycos Group partnered with Clean Energy Technologies, Inc. The partnership aimed to develop an innovative organic rankine cycle (ORC) heat recovery generator for the biogas industry. Through this partnership, both companies strengthen their market and regional presence.
North America Organic Rankine Cycle (ORC) Waste Heat to Power Market Scope
North America organic rankine cycle (ORC) waste heat to power market is segmented on the basis of size, capacity, model, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Size
Small
Medium
Large
On the basis of size, the North America organic rankine cycle (ORC) waste heat to power market is segmented into small, medium, and large.
Capacity
Less Than 1000 kW
1001-4000 kW
4001-7000 kW
More than 7000 kW
On the basis of capacity, the North America organic rankine cycle (ORC) waste heat to power market has been segmented into less than 1000 kW, 1001-4000 kW, 4001-7000 kW, and more than 7000 kW.
Model
Steady-State
Dynamic
On the basis of the model, the North America organic rankine cycle (ORC) waste heat to power market has been segmented into steady-state and dynamic.
Application
ICE or Gas Turbine
Waste to Energy
Metal Production
Cement and Lime Industry
Glass Industry
Petroleum Refining
Chemical Industry
Landfill ICE
Others
On the basis of application, the North America organic rankine cycle (ORC) waste heat to power market is segmented into ICE or gas turbine, waste to energy, metal production, cement and lime industry, glass industry, petroleum refining, chemical industry, landfill ICE, and others.
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North America Organic Rankine Cycle (ORC) Waste Heat to Power Market Share Analysis
North America organic rankine cycle (ORC) waste heat to power market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the organic rankine cycle (ORC) waste heat to the power market.
Some of the major players operating in the North America organic rankine cycle (ORC) waste heat to power market are MITSUBISHI HEAVY INDUSTRIES, LTD., Kaishan USA, Strebl Energy Pte Ltd, ORCAN ENERGY AG, ALFA LAVAL, Fujian Snowman Co., Ltd., Ormat, Rank, TMEIC, Triogen, ABB, Siemens Energy (Siemens AG), Dürr Group, ElectraTherm Inc. (BITZER Group), Enerbasque, Enertime, Enogia, EXERGY, CLIMEON, INTEC Engineering GmbH, Zuccato Energia srl., Opel Energy Systems Pvt. Ltd., Corycos Group, CTMI - Steam Turbines, BorgWarner Inc.
North America Organic Rankine Cycle (ORC) Waste Heat to Power Market Regional Analysis/Insights
North America organic rankine cycle (ORC) waste heat to power market is analyzed, and market size insights and trends are provided by country, size, capacity, model, and application as referenced above.
The countries covered in the organic rankine cycle (ORC) waste heat to power market report are the U.S., Canada, and Mexico.
U.S. dominates the organic rankine cycle (ORC) waste heat to power market owing to the rise in importance of generating power from waste heat recovery.
Key questions answered in the report:
What will the market development pace of North America Organic Rankine Cycle (ORC) Waste Heat to Power market?
What are the key factors driving the Global North America Organic Rankine Cycle (ORC) Waste Heat to Power market?
Who are the key manufacturers in market space?
What are the market openings, market hazard and market outline of the market?
What are sales, revenue, and price analysis of top manufacturers of North America Organic Rankine Cycle (ORC) Waste Heat to Power market?
Who are the distributors, traders, and dealers of North America Organic Rankine Cycle (ORC) Waste Heat to Power market?
What are the North America Organic Rankine Cycle (ORC) Waste Heat to Power market opportunities and threats faced by the vendors in the Global North America Organic Rankine Cycle (ORC) Waste Heat to Power industries?
What are deals, income, and value examination by types and utilizations of the market?
What are deals, income, and value examination by areas of enterprises?
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