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Global Organic Rankine Cycle (ORC) Market Poised for Strong Growth, Expected to Reach Nearly USD 640 Million by 2030 with a CAGR of Nearly 5% | IGR

Global Organic Rankine Cycle (ORC) Market Poised for Strong

The Global Organic Rankine Cycle (ORC) Market is on the brink of significant expansion, with an anticipated valuation of nearly USD 640 million by 2030. This growth projection reflects a Compound Annual Growth Rate (CAGR) of approximately 5% during the forecast period from 2023 to 2030.

To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/476

Unlocking Clean and Renewable Energy Potential

Organic Rankine Cycle (ORC) is a revolutionary steam cycle that replaces traditional steam with hydrocarbons. This technology harnesses clean and renewable energy resources, including solar irradiation, waste heat from industrial processes, geothermal fluid, ocean thermal gradient, and heat from biomass combustion. ORC is primarily a closed thermodynamic cycle utilized for power generation from low to medium-high temperature heat sources, typically ranging from 80 to 400°C, making it suitable for a wide range of small to medium applications. ORC offers an environmentally friendly alternative for power generation, opening new opportunities across various industries.

Driving Factors for Market Growth

The adoption of ORC technology by biomass plants is driving market growth, thanks to its high efficiency and flexibility in adapting to fluctuating fuel supplies. Geothermal resources, a core renewable energy source, are also contributing significantly to the market. Geothermal brines are increasingly utilized for power generation through ORC systems. Despite the growing adoption of ORC in various industry verticals, there remains immense untapped potential for market expansion.

Regional Market Dynamics

Europe has emerged as a major hub for the ORC market, primarily due to the deployment of large-scale geothermal projects. North America is expected to exhibit robust demand for ORC installations in the coming years, driven by the industry's focus on developing renewable energy infrastructure. Support for clean energy projects and favorable regulatory environments are expected to bolster renewable energy infrastructure development, further accelerating market growth.

Market Segmentation

The global Organic Rankine Cycle (ORC) Market is segmented based on application:

Biomass
Geothermal
Waste Heat Recovery
Solar Thermal
Others
Companies Profiled:

The report provides profiles of the companies in the market such as Turboden S.p.A., Enogia SAS, ABB, Exergy International Srl, Triogen, Ormat Technologies Inc., Atlas Copco AB, ORC, General Electric, and Corycos Group.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Organic Rankine Cycle Market Highlights

2.2. Organic Rankine Cycle Market Projection

2.3. Organic Rankine Cycle Market Regional Highlights

Chapter 3. Global Organic Rankine Cycle Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Porter`s Five Forces Analysis

3.4. IGR-Growth Matrix Analysis

3.4.1. IGR-Growth Matrix Analysis by Application

3.4.2. IGR-Growth Matrix Analysis by Region

3.5. Value Chain Analysis of Organic Rankine Cycle Market

Chapter 4. Organic Rankine Cycle Market Macro Indicator Analysis

Chapter 5. Company Profiles and Competitive Landscape

5.1. Competitive Landscape in the Global Organic Rankine Cycle Market

5.2. Companies Profiles

5.2.1. Turboden S.p.A.

5.2.2. Enogia SAS

5.2.3. ABB

5.2.4. Exergy International Srl

5.2.5. Triogen

5.2.6. Ormat Technologies Inc.

5.2.7. Atlas Copco AB

5.2.8. ORC

5.2.9. General Electric

5.2.10. Corycos Group

Chapter 6. Global Organic Rankine Cycle Market by Application

6.1. Biomass

6.2. Geothermal

6.3. Waste Heat Recovery

6.4. Solar Thermal

6.5. Others

Chapter 7. Global Organic Rankine Cycle Market by Region 2023-2030

7.1. North America

7.1.1. North America Organic Rankine Cycle Market by Application

7.1.2. North America Organic Rankine Cycle Market by Country

7.1.2.1. The U.S. Organic Rankine Cycle Market

7.1.2.1.1. The U.S. Organic Rankine Cycle Market by Application

7.1.2.2. Canada Organic Rankine Cycle Market

7.1.2.2.1. Canada Organic Rankine Cycle Market by Application

7.1.2.3. Mexico Organic Rankine Cycle Market

7.1.2.3.1. Mexico Organic Rankine Cycle Market by Application

7.2. Europe

7.2.1. Europe Organic Rankine Cycle Market by Application

7.2.2. Europe Organic Rankine Cycle Market by Country

7.2.2.1. Germany Organic Rankine Cycle Market

7.2.2.1.1. Germany Organic Rankine Cycle Market by Application

7.2.2.2. United Kingdom Organic Rankine Cycle Market

7.2.2.2.1. United Kingdom Organic Rankine Cycle Market by Application

7.2.2.3. France Organic Rankine Cycle Market

7.2.2.3.1. France Organic Rankine Cycle Market by Application

7.2.2.4. Italy Organic Rankine Cycle Market

7.2.2.4.1. Italy Organic Rankine Cycle Market by Application

7.2.2.5. Rest of Europe Organic Rankine Cycle Market

7.2.2.5.1. Rest of Europe Organic Rankine Cycle Market by Application

7.3. Asia Pacific

7.3.1. Asia Pacific Organic Rankine Cycle Market by Application

7.3.2. Asia Pacific Organic Rankine Cycle Market by Country

7.3.2.1. China Organic Rankine Cycle Market

7.3.2.1.1. China Organic Rankine Cycle Market by Application

7.3.2.2. Japan Organic Rankine Cycle Market

7.3.2.2.1. Japan Organic Rankine Cycle Market by Application

7.3.2.3. India Organic Rankine Cycle Market

7.3.2.3.1. India Organic Rankine Cycle Market by Application

7.3.2.4. South Korea Organic Rankine Cycle Market

7.3.2.4.1. South Korea Organic Rankine Cycle Market by Application

7.3.2.5. Australia Organic Rankine Cycle Market

7.3.2.5.1. Australia Organic Rankine Cycle Market by Application

7.3.2.6. Rest of Asia-Pacific Organic Rankine Cycle Market

7.3.2.6.1. Rest of Asia-Pacific Organic Rankine Cycle Market by Application

7.4. RoW

7.4.1. RoW Organic Rankine Cycle Market by Application

7.4.2. RoW Organic Rankine Cycle Market by Sub-region

7.4.2.1. Latin America Organic Rankine Cycle Market

7.4.2.1.1. Latin America Organic Rankine Cycle Market by Application

7.4.2.2. Middle East Organic Rankine Cycle Market

7.4.2.2.1. Middle East Organic Rankine Cycle Market by Application

7.4.2.3. Africa Organic Rankine Cycle Market

7.4.2.3.1. Africa Organic Rankine Cycle Market by Application

More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/market-reports/enquiry/476

Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of the Organic Rankine Cycle.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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About Infinium Global Research:

Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.

Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.

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