Organic Rankine Cycle - Global Market Trajectory & Analytics

Global Organic Rankine Cycle Market to Reach $776 Million by 2027

Amid the COVID-19 crisis, global market for Organic Rankine Cycle estimated at US$225 Million in the year 2020, is projected to reach a revised size of US$776 Million by 2027, growing at a CAGR of 19.4% over the period 2020-2027. Geothermal, one of the segments analyzed in the report, is projected to record more than 19% CAGR and reach more than US$625 Million by the end of the analysis period.

The Asia-Pacific Market is Estimated at $77.6 Million, While the US is Forecast to Grow at More than 20% CAGROrganic Rankine Cycle market in Asia-Pacific is estimated at US$77.6 Million in the year 2020 and is forecast to reach more than US$260 Million by the end of the analysis period. The US is forecast to reach a projected market size of more than US$250 Million by the year 2027 trailing a CAGR of more than 20% over the period 2020-2027. Among the other noteworthy geographic markets is Rest of World, forecast to grow at more than 18% over the period.

Select Competitors (Total 48 Featured)

Atlas Copco North America LLC.
Calnetix Technologies, LLC.
ELVOSOLAR a.s.
ENOGIA SAS
Exergy International Srl
INTEC GMK GmbH
KAISHAN GROUP CO., LTD.
Orcan Energy AG
Ormat Technologies Inc.
SUMEC GeoPower AG
Triogen NL
Turboden S.p.A.

What's New for 2022?

Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to a digital archives and Research Platform
Complimentary updates for one year

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
COVID-19 Crisis Underlines the Need for Sustainable Development
Investment Scenario on Renewable Energy Remains Impacted
Global Investments in Clean Energy & Efficiency Technologies (In US$ Billion) for the Years 2018, 2019 & 2020
Inevitable Rise in Energy Demand Post COVID-19 to Throw Spotlight on Renewable Energy Driving the Organic Rankine Cycle Market
COVID-19 Brings Serious Challenges for Biomass Power Industry
COVID-19 Brings Geothermal Projects to a Standstill in Turkey
Organic Rankine Cycle - Global Key Competitors Percentage Market Share in 2022 (E)
An Introduction to Organic Rankine Cycle (ORC)
ORC Technology: Primary Applications
Global Energy Mix: 1990 Vs 2020 Vs 2030
Global Renewable Energy Breakdown by Type: 2010 Vs 2030
Global Market Prospects & Outlook
Clean Energy Generation Bonanza Portends Radical Gains for Global ORC Market
ORC Waste Heat to Power Market Enjoys Real Moment with Adoption of Clean Energy Generation Technologies
Researchers Bet on Innovative ORC Technology to Exploit Industrial Waste Heat
Analysis by Application
World Organic Rankine Cycle Market by Application (2021 & 2027): Percentage Breakdown of Revenues for Geothermal, Waste Heat Recovery, and Other Applications
Regional Analysis
World Organic Rankine Cycle Market (2021 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
World Organic Rankine Cycle Market - Geographic Regions Ranked by Value CAGR for 2020-2027: USA, Asia-Pacific, Rest of World, Europe, and Canada
Competitive Scenario
Recent Market Activity
Select Global Brands
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Industrial Applications of ORC
Rising Demand for Single-Stage and Cascaded ORC Systems
Commercial Use of Organic ORC Systems for Small and Large Scale Thermal Conversion
Steam Rankine Cycle Systems for Nuclear Plants and Coal-fired Power Plants
Recycling Waste Heat with ORC for Self-consumption of Plant
Novel ORC Couples Subcritical and Supercritical Heat Absorption Procedures
Optimized Regenerative ORC Enhance Performance of Internal Combustion Engines
ORC Technology Helps Recover Potentially Huge Amount of Waste Heat
The Role of ORC in Decarbonization Goals
Domestic GHG Emission Reduction Targets of Select Regions/Countries
World Carbon Footprint Management Market by Vertical (2020 & 2027): Percentage Breakdown of Revenues for Energy & Utilities, Manufacturing, Transportation & Logistics, Residential & Commercial Buildings, and IT & Telecom
ORC System Seeks Role in Waste Heat Recovery Technologies
Global Waste Generation, by Region (in millions of tonnes/year): 2016, 2030, 2050
Percentage of Municipal Solid Waste Burned with Energy Recovery in Select Countries
Novel Opportunities in Waste to Energy Sector
Uptrend in Geothermal Power Sector Augurs Well
Global Geothermal Energy Installed Capacity (GW) for the Years 2010-2019
Geothermal Power Installed Capacity (in MW) by Country for 2020
Geothermal Capacity Additions (in GW) by Region/Country for 2019, 2020 & 2021
Impact of Geothermal Stations on the Environment
Patent Activity in Geothermal Energy Sector
# of Patent Applications in Advanced Geothermal Market for 2000-2019
Expanding Biomass Sector Offers Opportunities
Biomass CHP as a Percentage of Total CHP Generation in Select Countries
Issues Linked to ORC and Possible Solutions

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: World Recent Past, Current & Future Analysis for Organic Rankine Cycle by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 2: World 7-Year Perspective for Organic Rankine Cycle by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027
TABLE 3: World Recent Past, Current & Future Analysis for Geothermal by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 4: World 7-Year Perspective for Geothermal by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 5: World Recent Past, Current & Future Analysis for Waste Heat Recovery by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 6: World 7-Year Perspective for Waste Heat Recovery by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 7: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 8: World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027

III. MARKET ANALYSIS

UNITED STATES

Organic Rankine Cycle Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
TABLE 9: USA Recent Past, Current & Future Analysis for Organic Rankine Cycle by Application - Geothermal, Waste Heat Recovery and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 10: USA 7-Year Perspective for Organic Rankine Cycle by Application - Percentage Breakdown of Value Revenues for Geothermal, Waste Heat Recovery and Other Applications for the Years 2021 & 2027

CANADA

TABLE 11: Canada Recent Past, Current & Future Analysis for Organic Rankine Cycle by Application - Geothermal, Waste Heat Recovery and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 12: Canada 7-Year Perspective for Organic Rankine Cycle by Application - Percentage Breakdown of Value Revenues for Geothermal, Waste Heat Recovery and Other Applications for the Years 2021 & 2027

EUROPE

Organic Rankine Cycle Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
TABLE 13: Europe Recent Past, Current & Future Analysis for Organic Rankine Cycle by Geographic Region - Germany, Italy, Turkey and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 14: Europe 7-Year Perspective for Organic Rankine Cycle by Geographic Region - Percentage Breakdown of Value Revenues for Germany, Italy, Turkey and Rest of Europe Markets for Years 2021 & 2027
TABLE 15: Europe Recent Past, Current & Future Analysis for Organic Rankine Cycle by Application - Geothermal, Waste Heat Recovery and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 16: Europe 7-Year Perspective for Organic Rankine Cycle by Application - Percentage Breakdown of Value Revenues for Geothermal, Waste Heat Recovery and Other Applications for the Years 2021 & 2027

GERMANY

Organic Rankine Cycle Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
TABLE 17: Germany Recent Past, Current & Future Analysis for Organic Rankine Cycle by Application - Geothermal, Waste Heat Recovery and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 18: Germany 7-Year Perspective for Organic Rankine Cycle by Application - Percentage Breakdown of Value Revenues for Geothermal, Waste Heat Recovery and Other Applications for the Years 2021 & 2027

ITALY

TABLE 19: Italy Recent Past, Current & Future Analysis for Organic Rankine Cycle by Application - Geothermal, Waste Heat Recovery and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 20: Italy 7-Year Perspective for Organic Rankine Cycle by Application - Percentage Breakdown of Value Revenues for Geothermal, Waste Heat Recovery and Other Applications for the Years 2021 & 2027
TURKEY
TABLE 21: Turkey Recent Past, Current & Future Analysis for Organic Rankine Cycle by Application - Geothermal, Waste Heat Recovery and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 22: Turkey 7-Year Perspective for Organic Rankine Cycle by Application - Percentage Breakdown of Value Revenues for Geothermal, Waste Heat Recovery and Other Applications for the Years 2021 & 2027

REST OF EUROPE

TABLE 23: Rest of Europe Recent Past, Current & Future Analysis for Organic Rankine Cycle by Application - Geothermal, Waste Heat Recovery and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 24: Rest of Europe 7-Year Perspective for Organic Rankine Cycle by Application - Percentage Breakdown of Value Revenues for Geothermal, Waste Heat Recovery and Other Applications for the Years 2021 & 2027

ASIA-PACIFIC

Organic Rankine Cycle Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
TABLE 25: Asia-Pacific Recent Past, Current & Future Analysis for Organic Rankine Cycle by Application - Geothermal, Waste Heat Recovery and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 26: Asia-Pacific 7-Year Perspective for Organic Rankine Cycle by Application - Percentage Breakdown of Value Revenues for Geothermal, Waste Heat Recovery and Other Applications for the Years 2021 & 2027

REST OF WORLD

TABLE 27: Rest of World Recent Past, Current & Future Analysis for Organic Rankine Cycle by Application - Geothermal, Waste Heat Recovery and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 28: Rest of World 7-Year Perspective for Organic Rankine Cycle by Application - Percentage Breakdown of Value Revenues for Geothermal, Waste Heat Recovery and Other Applications for the Years 2021 & 2027

IV. COMPETITION

Total Companies Profiled: 48

Companies Mentioned

A selection of companies mentioned in this report includes:

Atlas Copco North America LLC.
Calnetix Technologies, LLC.
ELVOSOLAR a.s.
ENOGIA SAS
Exergy International Srl
INTEC GMK GmbH
KAISHAN GROUP CO., LTD.
Orcan Energy AG
Ormat Technologies Inc.
SUMEC GeoPower AG
Triogen NL
Turboden S.p.A.

Global Organic Rankine Cycle Market to Reach $776 Million by 2027

Select Competitors (Total 48 Featured)

What's New for 2022?

Table of Contents

Companies Mentioned

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