Organic Rankine Cycle (ORC) Waste Heat to Power Market Grows with Rising Demand for Renewable Energy Solutions

"Organic Rankine Cycle (ORC) Waste Heat to Power Market Size And Forecast by 2031

Data Bridge Market Research analyses that the Global Organic Rankine Cycle (ORC) Waste Heat to Power Market which was USD 2217035.39 Million in 2023 is expected to reach USD 4289545 Thousand by 2031 and is expected to undergo a CAGR of 8.60% during the forecast period of 2023 to 2031

Organic Rankine Cycle (ORC) Waste Heat to Power Market research report provides a comprehensive analysis of the market. The report aims to provide insights into Organic Rankine Cycle (ORC) Waste Heat to Power Market trends, growth opportunities, key drivers and challenges, competitive landscape, and other crucial factors that may impact the market in the forecast period (2024-2031).

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Which are the top companies operating in the Organic Rankine Cycle (ORC) Waste Heat to Power Market?

The study report on the Global Organic Rankine Cycle (ORC) Waste Heat to Power Market offers a comprehensive analysis of the industry, highlighting key trends, market dynamics, and competitive landscape. It profiles prominent organizations operating in the market, examining their successful strategies and market share contributions. This Organic Rankine Cycle (ORC) Waste Heat to Power Market report provides the information of the Top 10 Companies in Organic Rankine Cycle (ORC) Waste Heat to Power Market in the market their business strategy, financial situation etc.

**Segments**

- By Capacity (Up to 5 MW, >5 MW to 15 MW, >15 MW to 30 MW, >30 MW)
- By Application (Geothermal, Biomass, Waste Heat Recovery, Solar, Industrial)
- By End-User (Industrial, Commercial, Residential)

The global Organic Rankine Cycle (ORC) Waste Heat to Power market is segmented based on capacity, application, and end-user. In terms of capacity, the market is categorized into Up to 5 MW, >5 MW to 15 MW, >15 MW to 30 MW, and >30 MW segments. The application segment includes Geothermal, Biomass, Waste Heat Recovery, Solar, and Industrial applications. Furthermore, the end-user segment covers Industrial, Commercial, and Residential sectors. These segments provide a comprehensive view of the market, showcasing the diverse range of capacities, applications, and end-users benefiting from ORC waste heat to power systems.

**Market Players**

- Ormat Technologies Inc.
- Mitsubishi Hitachi Power Systems, Ltd.
- Siemens AG
- ABB
- General Electric
- Amec Foster Wheeler
- Enogia
- GETEC
- Exergy SPA
- Turboden S.p.A.
- TAS Energy
- WASTE HEAT TO POWER
- ElectraTherm

Key market players in the global Organic Rankine Cycle (ORC) Waste Heat to Power market include industry giants such as Ormat Technologies Inc., Mitsubishi Hitachi Power Systems, Ltd., Siemens AG, ABB, General Electric, Amec Foster Wheeler, Enogia, GETEC, Exergy SPA, Turboden S.p.A., TAS Energy, WASTE HEAT TO POWER, and ElectraTherm. These companies are actively involved in research and development, strategic partnerships, and expansions to enhance their product offerings and increase their market presence. Their strong foothold in the market signifies their commitment to advancing sustainable energy solutions and meetingThe global Organic Rankine Cycle (ORC) Waste Heat to Power market is witnessing significant growth driven by increasing focus on renewable energy sources and sustainable practices. The key players in the market are continually investing in research and development activities to enhance the efficiency and performance of ORC systems for waste heat to power generation. Ormat Technologies Inc. is one of the prominent players in the market known for its innovative solutions in geothermal and waste heat recovery applications. Mitsubishi Hitachi Power Systems, Ltd. is another major player leveraging its expertise in power generation technologies to develop efficient ORC systems. Siemens AG and ABB are renowned for their contributions to the industrial automation sector, bringing advanced solutions for waste heat utilization.

General Electric, with its extensive experience in the energy industry, offers a wide range of ORC solutions catering to different capacity requirements. Amec Foster Wheeler focuses on providing sustainable engineering solutions, including waste heat recovery systems, to meet the growing demand for environmentally friendly power generation. Enogia and GETEC are key players known for their expertise in small to medium-scale ORC systems, targeting niche markets with customized solutions. Exergy SPA and Turboden S.p.A. are leading the market with their advanced ORC technologies, catering to a diverse range of applications such as biomass, solar, and waste heat recovery.

TAS Energy and WASTE HEAT TO POWER are actively involved in the development of waste heat to power solutions for industrial applications, offering customized systems to maximize energy efficiency and reduce operational costs. ElectraTherm specializes in small-scale ORC systems, providing decentralized power generation solutions for commercial and residential sectors. These market players play a crucial role in driving the adoption of ORC waste heat to power systems across various industries, promoting sustainable energy practices and reducing carbon emissions.

In conclusion, the global ORC Waste Heat to Power market is characterized by intense competition and rapid technological advancements. The key market players are focused on innovation, partnerships, and strategic expansions to capitalize on the growing demand for renewable**Market Players**

- Ormat Technologies Inc.
- Mitsubishi Hitachi Power Systems, Ltd.
- Siemens AG
- ABB
- General Electric
- Amec Foster Wheeler
- Enogia
- GETEC
- Exergy SPA
- Turboden S.p.A.
- TAS Energy
- WASTE HEAT TO POWER
- ElectraTherm

**Additional Market Players**

- MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan)
- Kaishan USA (U.S.)
- Strebl Energy Pte Ltd (Singapore)
- ORCAN ENERGY AG (Switzerland)
- ALFA LAVAL (Sweden)
- Fujian Snowman Co., Ltd. (China)
- Rank (U.K.)
- TMEIC (Japan)
- Triogen (Netherlands)
- Siemens Energy (Germany)
- Dürr Group (Germany)
- Enerbasque (Spain)
- Enertime (France)
- CLIMEON (Sweden)
- INTEC Engineering GmbH (Germany)
- Zuccato Energia srl. (Italy)
- Opel Energy Systems Pvt. Ltd. (India)
- Corycos Group (Greece)
- CTMI - Steam Turbines (India)
- BorgWarner Inc. (U.S.)

The global Organic Rankine Cycle (ORC) Waste Heat to Power market is a competitive landscape with a diverse range of key market players dominating the industry. These companies are at

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Regional Analysis For Organic Rankine Cycle (ORC) Waste Heat to Power Market

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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Understand the current market situation and future growth potential of the Organic Rankine Cycle (ORC) Waste Heat to Power Market throughout the forecast period.
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This report provides Global Organic Rankine Cycle (ORC) Waste Heat to Power Market :

An in-depth overview of the global market for
Organic Rankine Cycle (ORC) Waste Heat to Power Market Assessment of the global industry trends, historical data from 2015, projections for the coming years, and anticipation of compound annual growth rates (CAGRs) by the end of the forecast period.
Discoveries of new market prospects and targeted marketing methodologies for Global Organic Rankine Cycle (ORC) Waste Heat to Power Market
Discussion of R&D, and the demand for new products launches and applications.
Wide-ranging company profiles of leading participants in the industry.
The composition of the market, in terms of dynamic molecule types and targets, underlining the major industry resources and players.
The growth in patient epidemiology and market revenue for the market globally and across the key players and Organic Rankine Cycle (ORC) Waste Heat to Power Market segments.
Study the market in terms of generic and premium product revenue.
Determine commercial opportunities in the market sales scenario by analyzing trends in authorizing and co-development deals.
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