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Organic Rankine Cycle - Global Market Trajectory & Analytics

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    Report

  • 194 Pages
  • October 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5304228

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

Table of Contents

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.