Global Organic Rankine Cycle (ORC) Waste Heat To Power Market - 2023-2030

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,350	184 Pages	DataM Intelligence 4Market Research LLP	May, 2023	DTAM17899740

Best Price Guarantee
Price	from $4,350
Length	184 Pages
Publisher	DataM Intelligence 4Market Research LLP
Published Date	May, 2023
SKU	DTAM17899740

Global Organic Rankine Cycle (ORC) Waste Heat To Power Market - 2023-2030

Market Overview

The global organic Rankine cycle (ORC) waste heat to power market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 11.8% during the forecast period (2023-2030).

The ORC technology can be used in a wide range of industrial applications, including cement, steel, glass, and chemical manufacturing, to convert waste heat into electricity. This helps reduce the environmental impact of these industries by reducing their carbon footprint and improving their energy efficiency. It also provides a source of renewable energy that can be used to power homes and businesses, reducing dependence on fossil fuels.

Market Dynamics

Growing demand for renewable energy

The global demand for renewable energy is being driven by several factors, including the need to reduce greenhouse gas emissions, combat climate change and meet increasing energy demand in a sustainable manner. ORC waste heat to power systems play a critical role in meeting these needs because they are an effective way to convert waste heat into clean electricity, without producing additional emissions or using additional resources. As a result, many industries around the world are adopting ORC systems as a way to improve their sustainability and competitiveness, driving the growth of the global ORC waste heat to power market.

High installation costs

To overcome this challenge, the industry is focusing on reducing the overall costs of ORC systems, including developing new technologies to improve efficiency, reduce the cost of organic fluids and simplify the installation and maintenance process. In addition, government incentives and subsidies can also help reduce the upfront costs of ORC systems and encourage more industries to adopt them. Therefore, while the high installation costs of ORC systems can be a challenge, the economic and environmental benefits they provide can often outweigh the initial costs, making them a viable solution for industries looking to improve their sustainability and energy efficiency.

COVID-19 Impact Analysis

The COVID-19 analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with pricing dynamics (including pricing change during and post-pandemic comparing it with pre-COVID scenarios), demand-supply spectrum (shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), government initiatives (initiatives to revive market, sector or industry by government bodies) and manufacturers strategic initiatives (what manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The global organic Rankine cycle (ORCheatste Heat to power market is segmented based on product, application and region.

Due to the significant amount of waste heat conversion in petroleum refinery, the segment contributes to the growth of the global market

The petroleum refining industry is a significant contributor to the global ORC waste heat to power market and its dominance is expected to continue due to the increasing demand for energy-efficient and sustainable solutions. However, other end-users such as cement, steel, and chemical industries are also adopting ORC waste heat to power systems due to their numerous benefits. Moreover, stringent environmental regulations and increasing pressure to reduce greenhouse gas emissions have led the petroleum refining industry to adopt ORC Waste Heat to Power systems to generate clean energy. These systems help the industry to meet its sustainability goals and reduce its carbon footprint.

Geographical Analysis

The well-established industrial sector in the region bolsters the European ORC waste to heat power market growth

The region has a well-established industrial sector that generates a significant amount of waste heat. The need to reduce energy costs and increase energy efficiency in industrial processes has driven the adoption of ORC waste heat to power systems in the region. Europe has a strong focus on sustainability and there is a growing demand for clean energy solutions across various industries, including manufacturing, oil and gas and chemical processing. The need to meet this demand has driven the adoption of ORC waste heat to power systems in the region.

In addition, several leading players in the ORC waste heat to power market are based in Europe, including Siemens AG, Turboden S.p.A. and Enertime SA. These companies have developed advanced technologies and solutions for ORC waste heat to power systems, driving innovation in the market and creating opportunities for growth.

Competitive Landscape

The major global players include Turboden S.p. A., Kaishan USA, Siemens AG, Boustead International Heaters, TransPacific Energy Inc., General Electric, Strebl Energy Pvt Ltd, Mitsubishi Hitachi Power Systems, Ltd., Climeon AB, and IHI Corporation.

Why Purchase the Report?
• To visualize the global organic Rankine cycle (ORC) waste heat to power market segmentation based on product, application and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of data center infrastructure management market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global organic Rankine cycle (ORC) waste heat to power market report would provide approximately 53 tables, 49 figures and 184 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

1. Methodology and Scope: 1.1. Research Methodology; 1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary: 3.1. Snippet by Product; 3.2. Snippet by Application; 3.3. Snippet by Region
4. Dynamics: 4.1. Impacting Factors; 4.1.1. Drivers; 4.1.1.1. Growing demand for renewable energy; 4.1.2. Restraints; 4.1.2.1. High installation costs; 4.1.3. Opportunity; 4.1.4. Impact Analysis
5. Industry Analysis: 5.1. Porter's Five Forces Analysis; 5.2. Supply Chain Analysis; 5.3. Pricing Analysis; 5.4. Regulatory Analysis
6. COVID-19 Analysis: 6.1. Analysis of COVID-19; 6.1.1. Before COVID-19 Scenario; 6.1.2. Present COVID-19 Scenario; 6.1.3. Post COVID-19 or Future Scenario; 6.2. Pricing Dynamics Amid COVID-19; 6.3. Demand-Supply Spectrum; 6.4. Government Initiatives Related to the Market During Pandemic; 6.5. Manufacturers Strategic Initiatives; 6.6. Conclusion
7. By Product: 7.1. Introduction; 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product; 7.1.2. Market Attractiveness Index, By Product; 7.2. Steam Rankine Cycle*; 7.2.1. Introduction; 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%); 7.3. Organic Rankine Cycle; 7.4. Kalina Cycle
8. By Application: 8.1. Introduction; 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 8.1.2. Market Attractiveness Index, By Application; 8.2. Petroleum Refining*; 8.2.1. Introduction; 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%); 8.3. Cement Industry; 8.4. Heavy Metal Production; 8.5. Chemical Industry; 8.6. Others
9. By Region: 9.1. Introduction; 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region; 9.1.2. Market Attractiveness Index, By Region; 9.2. North America; 9.2.1. Introduction; 9.2.2. Key Region-Specific Dynamics; 9.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product; 9.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 9.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country; 9.2.5.1. The U.S.; 9.2.5.2. Canada; 9.2.5.3. Mexico; 9.3. Europe; 9.3.1. Introduction; 9.3.2. Key Region-Specific Dynamics; 9.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product; 9.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 9.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country; 9.3.5.1. Germany; 9.3.5.2. The U.K.; 9.3.5.3. France; 9.3.5.4. Italy; 9.3.5.5. Russia; 9.3.5.6. Rest of Europe; 9.4. South America; 9.4.1. Introduction; 9.4.2. Key Region-Specific Dynamics; 9.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product; 9.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 9.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country; 9.4.5.1. Brazil; 9.4.5.2. Argentina; 9.4.5.3. Rest of South America; 9.5. Asia-Pacific; 9.5.1. Introduction; 9.5.2. Key Region-Specific Dynamics; 9.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product; 9.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 9.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country; 9.5.5.1. China; 9.5.5.2. India; 9.5.5.3. Japan; 9.5.5.4. Australia; 9.5.5.5. Rest of Asia-Pacific; 9.6. Middle East and Africa; 9.6.1. Introduction; 9.6.2. Key Region-Specific Dynamics; 9.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product; 9.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
10. Competitive Landscape: 10.1. Competitive Scenario; 10.2. Market Positioning/Share Analysis; 10.3. Mergers and Acquisitions Analysis
11. Company Profiles: 11.1. Turboden S.p. A.*; 11.1.1. Company Overview; 11.1.2. Product Portfolio and Description; 11.1.3. Financial Overview; 11.1.4. Key Developments; 11.2. Kaishan USA; 11.3. Siemens AG; 11.4. Boustead International Heaters; 11.5. TransPacific Energy Inc.; 11.6. General Electric; 11.7. Strebl Energy Pvt Ltd; 11.8. Mitsubishi Hitachi Power Systems, Ltd.; 11.9. Climeon AB; 11.10. IHI Corporation; LIST NOT EXHAUSTIVE
12. Appendix: 12.1. About Us and Services; 12.2. Contact Us