Press release
ORC Waste Heat to Power Market is growing at a CAGR of 15.5% in the forecast period (2024-2031)
ORC Waste Heat to Power Market
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Global ORC Waste Heat to Power Market size was valued at USD 5 billion in 2022 and is poised to grow from USD 5.78 billion in 2023 to USD 18.29 billion by 2031, growing at a CAGR of 15.5% in the forecast period (2024- 2031).
Waste heat to power stands out as a highly viable renewable energy source for electricity generation. This method is recognized for its exceptional efficiency in power production, primarily achieved by curbing the consumption of energy and fuels within industrial processes. By harnessing waste heat, it is possible to produce emission-free electricity, which can be seamlessly integrated into regular industrial operations or supplied to the grid for broader distribution. The world's electricity generation remains heavily reliant on fossil fuel resources, including coal, natural gas, and oil. This dependence is evident through the proliferation of fossil-fired power generation plants worldwide, marking a notable global trend. Nevertheless, these power plants inherently generate waste heat as part of their operation, and the release of such heat into the environment is a prevailing concern.
Market Segmentation:
The global ORC waste heat to power market is segmented into four major segments i.e. by power output, model, application, products, regions.
Based on product the market is segmented as, single-mode readers, absorbance microplate readers, fluorescence microplate readers, luminescence microplate readers, others, multi-mode readers, filter-based microplate readers, monochromator-based microplate readers, hybrid microplate readers.
Based on application the market is segmented as, genomics & proteomics research, drug discovery, clinical diagnostics, others.
Based on end-use the market is segmented as, pharmaceutical & biotechnology companies & CROS, academic & research institutions, others.
Based on Region, the market is segmented as, North America, Europe, Asia Pacific, Latin America.
Top Player's Company Profiles
General Electric
Mitsubishi Heavy Industries, Ltd.
Exergy International Srl
Turboden S.p.A
Calnetix Technologies, LLC
Kaishan USA
ENOGIA
ABB
Atlas Copco North America LLC.
ELVOSOLAR a.s.
INTEC GMK GmbH
KAISHAN GROUP CO., LTD.
Orcan Energy AG
Ormat Technologies Inc.
SUMEC GeoPower AG
Triogen NL
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Essential regions of the ORC Waste Heat to Power market are:
• ORC Waste Heat to Power North America Market includes (Canada, Mexico, USA)
• ORC Waste Heat to Power Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
• ORC Waste Heat to Power Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
• ORC Waste Heat to Power South America Market includes (Brazil, Argentina)
FAQs: -
1. What are the sales, production, consumption, imports, and exports of the global market (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
2. Who are the major manufacturers who dominate the world market?
3. What are their current capacity, production, sales, pricing, cost, gross, and revenue operating levels?
4. What are the market's risks and opportunities?
What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global ORC Waste Heat to Power industry.
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Objectives of the Study:
• To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
• To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
• To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
• To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
• To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
• To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
• To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market
Looking ahead, the ORC Waste Heat to Power Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global ORC Waste Heat to Power Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.
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Table of Contents
Global ORC Waste Heat to Power Market Research Report 2024-2031
Chapter 1 ORC Waste Heat to Power Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global ORC Waste Heat to Power Market Forecast
...
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