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Asia Pacific Organic Rankine Cycle (ORC) Market Share

Report ID: GMI7065
Published Date: Oct 2023
Report Format: PDF

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Asia Pacific Organic Rankine Cycle Market Share

General Electric commands a substantial share in the Asia Pacific organic rankine cycle industry, distinguished for its extensive experience in engineering and producing diverse waste heat recovery technologies, encompassing SRC, ORC, among others. With a rich history deeply rooted in the sustainable technologies sector, the company has delivered ORC solutions across a broad spectrum of applications, spanning oil & gas, waste to energy, and geothermal sectors.

Some of the key market players operating across the Asia Pacific organic rankine cycle (ORC) industry are:

General Electric
Mitsubishi Heavy Industries, Ltd.
Turboden S.p.A
Zhejiang Kaishan Compressor Co., Ltd.
ENOGIA
ABB
Atlas Copco AB
ORCAN ENERGY AG
Enertime
Ormat Technologies
ALFA LAVAL

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

APAC organic rankine cycle (ORC) industry reached USD 3.9 billion in revenue in 2022 and is projected to witness 11.5% CAGR from 2023-2032 due to the ongoing government initiatives aimed at reducing CO2 emissions

Asia Pacific ORC market size from the > 10 MWe power output segment surpassed USD 55.2 million in 2022 owing to the greater need to generate power across a wide range of capacities, from large-scale installations to smaller sources

China recorded over 31.8% share of the APAC organic rankine cycle industry in 2022 driven by the significant emphasis on renewable energy sources to reduce its reliance on coal and combat air pollution

General Electric, Mitsubishi Heavy Industries, Ltd., Turboden S.p.A, Zhejiang Kaishan Compressor Co., Ltd., ENOGIA, ABB, and Atlas Copco AB are a few of the leading organic rankine cycle firms operating in the Asia Pacific