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ORC Waste Heat to Power Market Trends

Report ID: GMI5027
Published Date: Feb 2024
Report Format: PDF

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ORC Waste Heat to Power Market Trend

ORC Waste Heat to Power Market Size, 2022 - 2032 (USD Billion)

As the current industrial landscape unfolds, the clean energy sector in North America is navigating through a unique phase of policy uncertainty. Despite this, it is also benefiting from strong supporting factors that are likely to drive long-term growth. While those outside the industry might anticipate challenges stemming from regulatory intentions to withdraw from the Paris climate accord and dismantle the Clean Power Plan, the renewable energy sector is closely monitoring a trio of federal policy actions and proposals yet to be resolved, particularly those from December.

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of orc waste heat to power generated USD 5 billion in revenue in 2022 and is poised to exhibit sizable growth at 15.5% gains through 2032 driven by the rising clean energy demand.

The > 10 MWe power output segment is anticipated to grow at an 18% CAGR through 2032 on account of the high efficiency, dependability, and flexibility characteristics.

The Asia Pacific market is estimated to reach more than USD 7 billion by 2032 attributed to the growing concerns pertaining to GHG emissions.

Mitsubishi Heavy Industries, Atlas Copco AB, General Electric, Exergy International SrRankineat Technologies, Kaishan USA, Turboden S.p.a, Alfa Laval, Enorgia, ORCHAN ENERGY AG, INTEC GMK, Triogen, ABB, Enertime, and Elvosolar, a.s., amongst others are the top manufacturers engaged in the industry.