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Global Organic Rankine Cycle Market Size study, by By Product Type (Geothermal, Biomass Boilers/Gasifiers, Waste Heat Sources, Solar pools), By Application (Combined Cycle Power Plant (CCPP), Waste Heat Recycling), By Region, And Segment Forecasts, 2021 - 2027

October 2021 | 200 pages | ID: G54BBF741976EN
Bizwit Research & Consulting LLP

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Global Organic Rankine Cycle Market to reach 807.67 million USD by 2027.

Global Organic Rankine Cycle Market is valued approximately USD 211.5 million in 2020 and is anticipated to grow with a healthy growth rate of more than 20.3% over the forecast period 2021-2027. Organic Rankine Cycle is a technology that allows low-grade heat to be used in power production. Organic Rankine Cycle produces more vapor in comparison to water as it uses organic fluid which contains a lower boiling point. As a result, Organic Rankine Cycle technology produces a similar amount of power with comparatively less temperature and provides a long life run to equipment. These factors support the growth of the ORC market. However, ORC technology comes up against alternative technology such as the steam Rankine Cycle (SRC), which is used in similar application areas such as geothermal, biomass, and waste heat recovery. SRC technology is adaptable to a wider temperature range, including low, medium, and high temperatures, and it costs less USD/kW than ORC which impedes the growth of the market over the forecast period of 2021-2027. Also, to encourage the adoption of energy efficient methods, major governments are launching awareness and support initiatives in the form of financial incentives. As a result, the industrial sector has been tasked with identifying viable solutions to improve energy efficiency in both the current and future scenarios. As a result, the industrial sector has begun to re-use waste heat in order to improve energy efficiency, which has contributed to the increased adoption of ORC technology and is likely to increase the market growth during the forecast period.

The regional analysis of global Organic Rankine Cycle Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading region across the world in terms of market share owing to the construction of two large-scale ORC-based geothermal plants, one in Indonesia and the other in New Zealand. Whereas Europe is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as executing favorable policies and supporting mechanism for the expansion of renewable energy and energy efficiency projects across the globe would create lucrative growth prospects for the Organic Rankine Cycle Market across Asia-Pacific region.

Major market player included in this report are:
Turboden (Mitsubishi Heavy Industries)
Againity
DeVeTec GmbH
Enertime
Durr
Baker Hughes (GE)
Enogia
ABB
EXERGY
Orcan Energy

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:

Biomass Boilers/Gasifiers
Waste Heat Sources
Geothermal
Solar pools

By Application:

Combined Cycle Power Plant (CCPP)
Waste Heat Recycling


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Organic Rankine Cycle Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Million)
  1.2.1. Organic Rankine Cycle Market, by Region, 2019-2027 (USD Million)
  1.2.2. Organic Rankine Cycle Market, by Product Type, 2019-2027 (USD Million)
  1.2.3. Organic Rankine Cycle Market, by Application, 2019-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL ORGANIC RANKINE CYCLE MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL ORGANIC RANKINE CYCLE MARKET DYNAMICS

3.1. Organic Rankine Cycle Market Impact Analysis (2019-2027)
  3.1.1. Market Drivers
    3.1.1.1. High power production at low temperature
    3.1.1.2. Increasing adoption of energy efficient methods
  3.1.2. Market Challenges
    3.1.2.1. Availability of low-cost substitute
  3.1.3. Market Opportunities
    3.1.3.1. Financial incentives by government

CHAPTER 4. GLOBAL ORGANIC RANKINE CYCLE MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL ORGANIC RANKINE CYCLE MARKET, BY PRODUCT TYPE

5.1. Market Snapshot
5.2. Global Organic Rankine Cycle Market by Product Type, Performance - Potential Analysis
5.3. Global Organic Rankine Cycle Market Estimates & Forecasts by Product Type 2018-2027 (USD Million)
5.4. Organic Rankine Cycle Market, Sub Segment Analysis
  5.4.1. Biomass Boilers/Gasifiers
  5.4.2. Waste Heat Sources
  5.4.3. Geothermal
  5.4.4. Solar pools

CHAPTER 6. GLOBAL ORGANIC RANKINE CYCLE MARKET, BY APPLICATION

6.1. Market Snapshot
6.2. Global Organic Rankine Cycle Market by Application, Performance - Potential Analysis
6.3. Global Organic Rankine Cycle Market Estimates & Forecasts by Application 2018-2027 (USD Million)
6.4. Organic Rankine Cycle Market, Sub Segment Analysis
  6.4.1. Combined Cycle Power Plant (CCPP)
  6.4.2. Waste Heat Recycling

CHAPTER 7. GLOBAL ORGANIC RANKINE CYCLE MARKET, REGIONAL ANALYSIS

7.1. Organic Rankine Cycle Market, Regional Market Snapshot
7.2. North America Organic Rankine Cycle Market
  7.2.1. U.S. Organic Rankine Cycle Market
    7.2.1.1. Product Type breakdown estimates & forecasts, 2018-2027
    7.2.1.2. Application breakdown estimates & forecasts, 2018-2027
  7.2.2. Canada Organic Rankine Cycle Market
7.3. Europe Organic Rankine Cycle Market Snapshot
  7.3.1. U.K. Organic Rankine Cycle Market
  7.3.2. Germany Organic Rankine Cycle Market
  7.3.3. France Organic Rankine Cycle Market
  7.3.4. Spain Organic Rankine Cycle Market
  7.3.5. Italy Organic Rankine Cycle Market
  7.3.6. Rest of Europe Organic Rankine Cycle Market
7.4. Asia-Pacific Organic Rankine Cycle Market Snapshot
  7.4.1. China Organic Rankine Cycle Market
  7.4.2. India Organic Rankine Cycle Market
  7.4.3. Japan Organic Rankine Cycle Market
  7.4.4. Australia Organic Rankine Cycle Market
  7.4.5. South Korea Organic Rankine Cycle Market
  7.4.6. Rest of Asia Pacific Organic Rankine Cycle Market
7.5. Latin America Organic Rankine Cycle Market Snapshot
  7.5.1. Brazil Organic Rankine Cycle Market
  7.5.2. Mexico Organic Rankine Cycle Market
7.6. Rest of The World Organic Rankine Cycle Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Top Market Strategies
8.2. Company Profiles
  8.2.1. Turboden (Mitsubishi Heavy Industries)
    8.2.1.1. Key Information
    8.2.1.2. Overview
    8.2.1.3. Financial (Subject to Data Availability)
    8.2.1.4. Product Summary
    8.2.1.5. Recent Developments
  8.2.2. Againity
  8.2.3. DeVeTec GmbH
  8.2.4. Enertime
  8.2.5. Durr
  8.2.6. Baker Hughes (GE)
  8.2.7. Enogia
  8.2.8. ABB
  8.2.9. EXERGY
  8.2.10. Orcan Energy

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Organic Rankine Cycle Market, report scope
TABLE 2. Global Organic Rankine Cycle Market estimates & forecasts by Region 2018-2027 (USD Million)
TABLE 3. Global Organic Rankine Cycle Market estimates & forecasts by Product Type 2018-2027 (USD Million)
TABLE 4. Global Organic Rankine Cycle Market estimates & forecasts by Application 2018-2027 (USD Million)
TABLE 5. Global Organic Rankine Cycle Market by segment, estimates & forecasts, 2018-2027 (USD Million)
TABLE 6. Global Organic Rankine Cycle Market by region, estimates & forecasts, 2018-2027 (USD Million)
TABLE 7. Global Organic Rankine Cycle Market by segment, estimates & forecasts, 2018-2027 (USD Million)
TABLE 8. Global Organic Rankine Cycle Market by region, estimates & forecasts, 2018-2027 (USD Million)
TABLE 9. Global Organic Rankine Cycle Market by segment, estimates & forecasts, 2018-2027 (USD Million)
TABLE 10. Global Organic Rankine Cycle Market by region, estimates & forecasts, 2018-2027 (USD Million)
TABLE 11. Global Organic Rankine Cycle Market by segment, estimates & forecasts, 2018-2027 (USD Million)
TABLE 12. Global Organic Rankine Cycle Market by region, estimates & forecasts, 2018-2027 (USD Million)
TABLE 13. Global Organic Rankine Cycle Market by segment, estimates & forecasts, 2018-2027 (USD Million)
TABLE 14. Global Organic Rankine Cycle Market by region, estimates & forecasts, 2018-2027 (USD Million)
TABLE 15. U.S. Organic Rankine Cycle Market estimates & forecasts, 2018-2027 (USD Million)
TABLE 16. U.S. Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 17. U.S. Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 18. Canada Organic Rankine Cycle Market estimates & forecasts, 2018-2027 (USD Million)
TABLE 19. Canada Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 20. Canada Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 21. UK Organic Rankine Cycle Market estimates & forecasts, 2018-2027 (USD Million)
TABLE 22. UK Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 23. UK Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 24. Germany Organic Rankine Cycle Market estimates & forecasts, 2018-2027 (USD Million)
TABLE 25. Germany Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 26. Germany Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 27. RoE Organic Rankine Cycle Market estimates & forecasts, 2018-2027 (USD Million)
TABLE 28. RoE Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 29. RoE Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 30. China Organic Rankine Cycle Market estimates & forecasts, 2018-2027 (USD Million)
TABLE 31. China Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 32. China Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 33. India Organic Rankine Cycle Market estimates & forecasts, 2018-2027 (USD Million)
TABLE 34. India Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 35. India Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 36. Japan Organic Rankine Cycle Market estimates & forecasts, 2018-2027 (USD Million)
TABLE 37. Japan Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 38. Japan Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 39. RoAPAC Organic Rankine Cycle Market estimates & forecasts, 2018-2027 (USD Million)
TABLE 40. RoAPAC Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 41. RoAPAC Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 42. Brazil Organic Rankine Cycle Market estimates & forecasts, 2018-2027 (USD Million)
TABLE 43. Brazil Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 44. Brazil Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 45. Mexico Organic Rankine Cycle Market estimates & forecasts, 2018-2027 (USD Million)
TABLE 46. Mexico Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 47. Mexico Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 48. RoLA Organic Rankine Cycle Market estimates & forecasts, 2018-2027 (USD Million)
TABLE 49. RoLA Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 50. RoLA Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 51. Row Organic Rankine Cycle Market estimates & forecasts, 2018-2027 (USD Million)
TABLE 52. Row Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 53. Row Organic Rankine Cycle Market estimates & forecasts by segment 2018-2027 (USD Million)
TABLE 54. List of secondary sources, used in the study of global Organic Rankine Cycle Market
TABLE 55. List of primary sources, used in the study of global Organic Rankine Cycle Market
TABLE 56. Years considered for the study
TABLE 57. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Organic Rankine Cycle Market, research methodology
FIG 2. Global Organic Rankine Cycle Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Organic Rankine Cycle Market, key trends 2020
FIG 5. Global Organic Rankine Cycle Market, growth prospects 2021-2027
FIG 6. Global Organic Rankine Cycle Market, porters 5 force model
FIG 7. Global Organic Rankine Cycle Market, pest analysis
FIG 8. Global Organic Rankine Cycle Market, value chain analysis
FIG 9. Global Organic Rankine Cycle Market by segment, 2018 & 2027 (USD Million)
FIG 10. Global Organic Rankine Cycle Market by segment, 2018 & 2027 (USD Million)
FIG 11. Global Organic Rankine Cycle Market by segment, 2018 & 2027 (USD Million)
FIG 12. Global Organic Rankine Cycle Market by segment, 2018 & 2027 (USD Million)
FIG 13. Global Organic Rankine Cycle Market by segment, 2018 & 2027 (USD Million)
FIG 14. Global Organic Rankine Cycle Market, regional snapshot 2018 & 2027
FIG 15. North America Organic Rankine Cycle Market 2018 & 2027 (USD Million)
FIG 16. Europe Organic Rankine Cycle Market 2018 & 2027 (USD Million)
FIG 17. Asia pacific Organic Rankine Cycle Market 2018 & 2027 (USD Million)
FIG 18. Latin America Organic Rankine Cycle Market 2018 & 2027 (USD Million)
FIG 19. Global Organic Rankine Cycle Market, company market share analysis (2020)


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