Global Organic Rankine Cycle Orc Waste Heat To Power Market
市场规模(十亿美元)
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 2,217,035.39 Thousand |
Market Size (Forecast Year) |
USD 4,289,545.00 Thousand |
CAGR |
|
Major Markets Players |
>全球有机朗肯循环 (ORC) 废热发电市场,按规模(小型、中型和大型)、容量(小于 1000 kW、1001-4000 kW、4001-7000 kW 和大于 7000 kW)、模型(稳态和动态)、应用(内燃机或燃气轮机、废物转化为能源、金属生产、水泥和石灰工业、玻璃工业、石油精炼、化学工业、垃圾填埋场内燃机等)划分 - 行业趋势和预测到 2031 年。
有机朗肯循环 (ORC) 废热发电市场分析及规模
有机朗肯循环 (ORC) 废热发电市场可有效利用将液体或气体废热转化为碳中性电力,这些电力来源于地热或工业废热。ORC 技术可产生额外电力并减少对传统燃料来源的依赖,从而帮助公司满足日益增长的电力需求,尤其是通过大规模实施废热回收。
Data Bridge Market Research 分析了全球有机朗肯循环 (ORC) 废热发电市场,该市场在 2023 年为 22,17,035.39 千美元,预计到 2031 年将达到 42,89,545 千美元,在 2024-2031 年的预测期内以 8.60% 的复合年增长率增长。除了对市场价值、增长率、细分、地理覆盖范围和主要参与者等市场情景的见解外,Data Bridge Market Research 策划的市场报告还包括深入的专家分析、按地理代表的公司生产和产能、分销商和合作伙伴的网络布局、详细和更新的价格趋势分析以及供应链和需求的缺口分析。
报告范围和市场细分
报告指标 |
细节 |
预测期 |
2024-2031 |
基准年 |
2023 |
历史岁月 |
2022 (可定制为 2016-2021) |
定量单位 |
收入(千美元)、销量(单位)、定价(美元) |
涵盖的领域 |
尺寸(小型、中型和大型)、容量(小于 1000 kW、1001-4000 kW、4001-7000 kW 和大于 7000 kW)、模型(稳态和动态)、应用(内燃机或燃气轮机、废物转化为能源、金属生产、水泥和石灰工业、玻璃工业、石油精炼、化学工业、垃圾填埋场内燃机等) |
覆盖国家 |
美国、加拿大、墨西哥、巴西、阿根廷、南美洲其他地区、德国、法国、意大利、英国、比利时、西班牙、俄罗斯、土耳其、荷兰、瑞士、欧洲其他地区、日本、中国、印度、韩国、澳大利亚、新加坡、马来西亚、泰国、印度尼西亚、菲律宾、亚太其他地区、阿联酋、沙特阿拉伯、埃及、南非、以色列、中东和非洲其他地区 |
涵盖的市场参与者 |
MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan), Kaishan USA (U.S.), Strebl Energy Pte Ltd (Singapore), ORCAN ENERGY AG (Switzerland), ALFA LAVAL (Sweden), Fujian Snowman Co., Ltd. (China), Ormat (U.S.), Rank (U.K.), TMEIC (Japan), Triogen (Netherlands), ABB (Switzerland), Siemens Energy (Germany), Dürr Group (Germany), ElectraTherm Inc. (U.S.), Enerbasque (Spain), Enertime (France), Enogia (France), EXERGY (Italy), CLIMEON (Sweden), INTEC Engineering GmbH (Germany), Zuccato Energia srl. (Italy), Opel Energy Systems Pvt. Ltd. (India), Corycos Group (Greece), CTMI - Steam Turbines (India), BorgWarner Inc. (U.S.) |
Market Opportunities |
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Market Definition
Organic rankine cycle (ORC) systems harness low to medium-temperature heat sources (80 to 350 °C), enabling power production from otherwise wasted low-grade heat. Unsuch as the conventional Clausius-Rankine cycle, ORC employs organic substances with lower boiling points and higher vapor pressures than water, facilitating electricity generation from low-temperature heat sources.
Global Organic Rankine Cycle (ORC) Waste Heat to Power Market Dynamics
Drivers
- Rise in the Reduction of Usage of Primary Energy in Industrial Operations
As industries increasingly prioritize energy efficiency, the ORC technology stands out as a key solution. Its ability to efficiently harness and convert waste heat into usable power aligns with the global trend towards sustainability, offering a compelling strategy for reducing reliance on primary energy sources and mitigating environmental impact. This shift underscores the growing importance of ORC systems in advancing sustainable energy practices on a global scale.
- Reducing Greenhouse Gas Emissions Fuels the Increased Adoption of ORC Systems
Governments and industries worldwide are increasingly embracing ORC technology as a sustainable solution, driven by its ability to harness low-grade heat sources and generate carbon-neutral power. This shift aligns with global efforts to combat climate change, making ORC systems a key player in the ongoing transition towards cleaner and more environmentally friendly energy solutions, thereby fueling the growth of the global ORC waste heat to power market.
Opportunities
- Rapid Industrialization Increases the Demand for Energy
As industries expand, the demand for energy rises, and ORC technology can effectively harness and convert the excess heat generated during industrial processes into valuable power. This offers a sustainable solution, enhancing energy efficiency and reducing environmental impact. The global ORC market is poised to capitalize on the growing need for cleaner energy sources within the industrial sector, fostering a more sustainable and carbon-neutral approach to power generation.
- Efficiently Harnessing Waste Heat from Various Sources Amid Climate Change Concerns
Amid rising climate change concerns, the global organic rankine cycle (orc) waste heat to power market presents a significant opportunity by efficiently reaching into waste heat from diverse sources. This technology addresses environmental challenges by converting residual heat into power, offering a sustainable solution for electricity generation. The market's growth potential is fueled by increasing awareness of eco-friendly practices and the imperative to harness untapped energy resources, positioning ORC systems as a key player in the transition towards more sustainable power solutions globally.
Restraints/Challenges
- High Maintenance Costs Associated with Complexity of Managing Organic Working Fluids
The complexity of handling these substances in ORC systems adds operational challenges, leading to increased maintenance expenses. The need for specialized expertise and resources to navigate the intricacies of organic fluid maintenance poses a barrier, hindering widespread adoption. As companies weigh the economic viability of ORC technology, the associated maintenance complexities contribute to reservations and limit its broader market penetration.
- Lack of Awareness about The Technology Limits the Market Growth
Insufficient understanding and recognition of the efficiency of ORC systems in converting waste heat into power act as a barrier, potentially hampering the broader adoption of this technology. This limited awareness could impede the market's growth as potential users may not fully grasp the benefits and applications of ORC waste heat to power systems.
The global organic rankine cycle (ORC) waste heat to power market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global organic rankine cycle (ORC) waste heat to power market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In September 2020, BorgWarner Inc. forged a strategic collaborated with Plug and Play, aiming to foster innovation in the automotive and tech sectors. The collaboration aimed to elevate the industry's capabilities by cultivating inventive ideas. This partnership facilitated BorgWarner's expansion in the automotive and tech sector markets, leveraging synergies to drive growth and advancement
Global Organic Rankine Cycle (ORC) Waste Heat to Power Market Scope
Global organic rankine cycle (ORC) waste heat to power market is segmented on the basis of size, capacity, model, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Size
- Small
- Medium
- Large
Capacity
- Less Than 1000 kW
- 1001-4000 kW
- 4001-7000 kW
- More than 7000 kW
Model
- Steady-State
- Dynamic
Application
- ICE or Gas Turbine
- Waste to Energy
- Metal Production
- Cement and Lime Industry
- Glass Industry
- Petroleum Refining
- Chemical Industry
- Landfill ICE
- Others
Global Organic Rankine Cycle (ORC) Waste Heat to Power Market Regional Analysis/Insights
The global organic rankine cycle (ORC) waste heat to power market is analyzed, and market size insights and trends are provided by country, size, capacity, model, and application as referenced above.
The countries covered in the global organic rankine cycle (ORC) waste heat to power market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Poland, Denmark, Finland, Sweden, Norway, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Taiwan, New Zealand, Vietnam, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, South Africa, Egypt, Israel, Qatar, Kuwait, Bahrain, Oman, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the organic rankine cycle (ORC) waste heat to power market, driven by a growing emphasis on power generation through waste heat recovery. The U.S., particularly, plays a dominant role, hosting major market players in the ORC waste heat to power sector. This regional dominance underscores the significance of leveraging waste heat for power generation in the evolving energy landscape.
In Europe, Germany dominates the market due to a notable increase in reducing the consumption of primary energy within industrial operations. This upsurge reflects Germany's commitment to energy efficiency practices, positioning the country as a leader in the region. The emphasis on minimizing primary energy usage contributes to Germany's stronghold, showcasing its proactive role in sustainable industrial practices.
The Asia-Pacific, China dominates the market due to robust government incentives encouraging green energy initiatives. The Chinese government's proactive policies and support for sustainable practices have propelled the nation to the forefront of the region's green energy landscape. These incentives play a pivotal role in driving China's leadership in promoting and adopting environmentally friendly technologies.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Organic Rankine Cycle (ORC) Waste Heat to Power Market Share Analysis
全球有机朗肯循环 (ORC) 废热发电市场竞争格局提供了竞争对手的详细信息。详细信息包括公司概况、公司财务状况、产生的收入、市场潜力、研发投资、新市场计划、全球影响力、生产基地和设施、生产能力、公司优势和劣势、产品发布、产品宽度和广度、应用主导地位。以上提供的数据点仅与公司对全球有机朗肯循环 (ORC) 废热发电市场的关注有关。
全球有机朗肯循环(ORC)废热发电市场的一些主要参与者包括:
- 三菱重工业株式会社(日本)
- 开山美国 (美国)
- Strebl Energy Pte Ltd(新加坡)
- ORCAN ENERGY AG(瑞士)
- 阿法拉伐(瑞典)
- 福建雪人股份有限公司 (中国)
- Ormat(美国)
- 排名(英国)
- TMEIC(日本)
- Triogen(荷兰)
- ABB(瑞士)
- 西门子能源(德国)
- 杜尔集团(德国)
- ElectraTherm Inc.(美国)
- 埃内巴斯克(西班牙)
- Enertime(法国)
- Enogia(法国)
- EXERGY(意大利)
- CLIMEON(瑞典)
- INTEC Engineering GmbH(德国)
- Zuccato Energia srl.(意大利)
- 欧宝能源系统私人有限公司 (印度)
- Corycos 集团(希腊)
- CTMI - 蒸汽轮机(印度)
- 博格华纳公司(美国)
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研究方法
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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