ORC Industrial Waste Heat to Power Market Set to Witness Significant Growth by 2033 | Enogia SAS, ElectraTherm Inc., Triogen B.V., Kaishan USA, General Electric Company

The ORC Industrial Waste Heat-to-Power Market was valued at approximately USD 4.95 billion in 2024 and is projected to reach around USD 14.60 billion by 2033, growing at a compound annual growth rate (CAGR) of roughly 12.8% from 2025 to 2033.

🔋 ORC Industrial Waste Heat to Power Market Overview

The ORC (Organic Rankine Cycle) Industrial Waste Heat-to-Power market focuses on converting waste heat from industrial processes-found in sectors like oil & gas, cement, glass, and steel-into electricity, thereby enhancing energy efficiency and reducing emissions. In 2024, the market stood at around USD 4.95 billion, supported by growing sustainability mandates, government incentives, and rising energy costs. Industries are increasingly adopting ORC solutions to optimize operational expenses, comply with regulations, and support clean energy objectives. Technological advancements now enable effective heat recovery even from lower-temperature sources, broadening the use cases. Asia-Pacific, particularly China, India, and Japan, leads growth, followed by strong uptake in North America and Europe driven by strict energy and emission policies. As industries accelerate decarbonization and industrial modernization, the ORC market is set for robust expansion at a CAGR of ~12.8% through 2033.

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Advantages of requesting a Sample Copy of the Report:
1) To understand how our report can bring a difference to your business strategy
2) To understand the analysis and growth rate in your region
3) Graphical introduction of global as well as the regional analysis
4) Know the top key players in the market with their revenue analysis
5) SWOT analysis, PEST analysis, and Porter's five force analysis

The report further explores the key business players along with their in-depth profiling
Ormat Technologies Inc., Mitsubishi Heavy Industries Ltd., Enogia SAS, ElectraTherm Inc., Triogen B.V., Kaishan USA, General Electric Company, Exergy S.p.A., Dürr Group, and Turboden S.p.A.

🔄 ORC Industrial Waste Heat to Power Market Segments

🔹 By Application
• Cement Industry
• Steel Industry
• Glass Industry
• Chemical Industry
• Oil & Gas
• Pulp & Paper
• Others (Food Processing, Textiles, etc.)

🔹 By Power Output Capacity
• < 1 MW
• 1-5 MW
• 5 MW

🔹 By End User
• Heavy Industries
• Utilities
• Independent Power Producers
• Commercial Facilities

🔹 By Component
• Turbine
• Heat Exchanger
• Pump
• Evaporator
• Condenser
• Generator
• Working Fluid

Report Drivers & Trends Analysis:
The report also discusses the factors driving and restraining market growth, as well as their specific impact on demand over the forecast period. Also highlighted in this report are growth factors, developments, trends, challenges, limitations, and growth opportunities. This section highlights emerging ORC Industrial Waste Heat to Power Market trends and changing dynamics. Furthermore, the study provides a forward-looking perspective on various factors that are expected to boost the market's overall growth.

Competitive Landscape Analysis:
In any market research analysis, the main field is competition. This section of the report provides a competitive scenario and portfolio of the ORC Industrial Waste Heat to Power Market's key players. Major and emerging market players are closely examined in terms of market share, gross margin, product portfolio, production, revenue, sales growth, and other significant factors. Furthermore, this information will assist players in studying critical strategies employed by market leaders in order to plan counterstrategies to gain a competitive advantage in the market.

Regional Outlook:
The following section of the report offers valuable insights into different regions and the key players operating within each of them. To assess the growth of a specific region or country, economic, social, environmental, technological, and political factors have been carefully considered. The section also provides readers with revenue and sales data for each region and country, gathered through comprehensive research. This information is intended to assist readers in determining the potential value of an investment in a particular region.

» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

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Key Benefits for Stakeholders:
⏩ The study represents a quantitative analysis of the present ORC Industrial Waste Heat to Power Market trends, estimations, and dynamics of the market size from 2025 to 2032 to determine the most promising opportunities.
⏩ Porter's five forces study emphasizes the importance of buyers and suppliers in assisting stakeholders to make profitable business decisions and expand their supplier-buyer network.
⏩ In-depth analysis, as well as the market size and segmentation, help you identify current ORC Industrial Waste Heat to Power Market opportunities.
⏩ The largest countries in each region are mapped according to their revenue contribution to the market.
⏩ The ORC Industrial Waste Heat to Power Market research report gives a thorough analysis of the current status of the ORC Industrial Waste Heat to Power Market's major players.

Key questions answered in the report:
➧ What will the market development pace of the ORC Industrial Waste Heat to Power Market?
➧ What are the key factors driving the ORC Industrial Waste Heat to Power Market?
➧ Who are the key manufacturers in the market space?
➧ What are the market openings, market hazards,s and market outline of the ORC Industrial Waste Heat to Power Market?
➧ What are the sales, revenue, and price analysis of the top manufacturers of the ORC Industrial Waste Heat to Power Market?
➧ Who are the distributors, traders, and dealers of ORC Industrial Waste Heat to Power Market?
➧ What are the market opportunities and threats faced by the vendors in the ORC Industrial Waste Heat to Power Market?
➧ What are deals, income, and value examination by types and utilizations of the ORC Industrial Waste Heat to Power Market?
➧ What are deals, income, and value examination by areas of enterprises in the ORC Industrial Waste Heat to Power Market?

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Reasons To Buy The ORC Industrial Waste Heat to Power Market Report:
➼ In-depth analysis of the market on the global and regional levels.
➼ Major changes in market dynamics and competitive landscape.
➼ Segmentation on the basis of type, application, geography, and others.
➼ Historical and future market research in terms of size, share growth, volume, and sales.
➼ Major changes and assessment in market dynamics and developments.
➼ Emerging key segments and regions
➼ Key business strategies by major market players and their key methods

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