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Asia Pacific ORC Waste Heat to Power Market Share

Report ID: GMI8972
Published Date: Apr 2024
Report Format: PDF

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Asia Pacific ORC Waste Heat to Power Market Share

General Electric is one the key players for manufacturing various waste heat recovery technologies, including SRC and ORC. With a long-standing legacy in sustainable technology, the company has successfully deployed ORC solutions across diverse applications in sectors such as oil & gas, waste-to-energy, and geothermal.

Asia Pacific ORC Waste Heat to Power Market Companies

The key players operating across the industry include:

ABB
ALFA LAVAL
Atlas Copco AB
CTMI - Steam Turbines
Dürr Group
Enertime
ENOGIA
General Electric
Mitsubishi Heavy Industries, Ltd.
Opel Energy Systems Pvt. Ltd.
ORCAN ENERGY AG
Ormat Technologies
Siemens Energy
SRMtec
TMEIC
Turboden S.p.A
Zhejiang Kaishan Compressor Co., Ltd.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

Asia Pacific ORC waste heat to power industry size was USD 2.3 billion in 2023 and is expected to register 13.7% CAGR from 2024-2032 owing to the industry’s shift toward utilizing reliable medium and low-temperature heat sources to generate power in the region.

Asia Pacific ORC waste heat to power market from the ? 1 MWe segment is expected to exceed USD 2 billion by 2032 due to great dependability, adaptability, and efficiency of ORC systems, driving their widespread adoption in installations with smaller capacities.

China ORC waste heat to power industry is expected to cross USD 2.5 billion by 2032 due to strategic focus on renewable energy sources, aiming to diminish coal dependency and tackle air pollution in the country.

Enertime, General Electric, Mitsubishi Heavy Industries, Ltd., Opel Energy Systems Pvt. Ltd, ORCAN ENERGY AG, Ormat Technologies, Siemens Energy, SRMtec, TMEIC, Turboden S.p.A, Zhejiang Kaishan Compressor Co., Ltd., are some of the major ORC waste heat to power companies in Asia Pacific.