리서치사:Market Glass, Inc. (Formerly Global Industry Analysts, Inc.)
발행일:2025년 02월
페이지 정보:영문 194 Pages
라이선스 & 가격 (부가세 별도)
한글목차
2030년까지 세계 유기 랭킨 사이클 시장 규모는 17억 달러에 달할 것으로 예상됩니다.
2024년 5억 7,000만 달러로 추정되는 유기 랭킨 사이클 세계 시장은 2024년부터 2030년까지 연평균 20.3%로 성장하여 2030년에는 17억 달러에 달할 것으로 예상됩니다. 본 보고서에서 분석한 부문 중 하나인 지열 응용 분야는 CAGR 20.6%를 기록하여 분석 기간 종료 시점에 14억 달러에 도달할 것으로 예상됩니다. 폐열 회수 응용 분야의 성장률은 분석 기간 동안 CAGR 18.3%로 추정됩니다.
세계 CP22435 유기 랭킨 사이클 시장 - 주요 동향 및 촉진요인 정리
Organic Rankine Cycle(ORC)은 열에너지를 기계적 동력으로 변환하여 전력으로 변환할 수 있는 열역학적 공정입니다. 이 공정은 물보다 끓는점이 낮은 유기 유체를 이용하기 때문에 지열, 바이오매스 연소, 산업 폐열, 태양열과 같은 저온 열원에서 열을 활용하는 데 특히 적합하며, ORC는 기존의 증기 터빈과 유사하게 작동하지만, 더 낮은 온도에서 더 작은 온도 차이로 효과적으로 작동하기 때문에 다른 방법으로 낭비되는 여열을 회수하여 활용할 수 있는 실용적인 솔루션을 제공합니다.
제조, 발전, 화학 처리 등 제품별로 잉여 열이 발생하는 산업에서 ORC 기술을 도입하면 에너지 효율을 크게 향상시킬 수 있습니다. 이 폐열을 추가 전력으로 전환함으로써 시설들은 에너지 비용과 탄소 배출량을 줄여 지속 가능한 이니셔티브를 지원할 수 있습니다. 또한, ORC의 유연성은 지열 및 태양열 발전소와 같은 재생 가능 에너지 프로젝트에도 매력적인 선택이 될 수 있습니다. 또한, ORC 시스템을 이러한 용도에 적용하면 특히 외딴 지역이나 비전기화 지역에서 보다 안정적이고 신뢰할 수 있는 에너지 공급을 촉진하고, 에너지 안보를 강화하며, 인프라가 제한된 지역에서도 안정적인 전력을 공급할 수 있습니다.
유기농 순환 시장의 성장은 여러 가지 요인에 의해 주도되고 있습니다. 환경에 미치는 영향에 대한 세계적인 인식과 규제 압력으로 인해 산업계는 더 깨끗하고 에너지 효율적인 기술을 채택하고 있습니다. 폐열을 재사용하고 온실 가스 배출을 줄일 수 있는 ORC 시스템은 이러한 요구를 충족시키는 데 특히 적합합니다. 기술 발전도 중요한 역할을 하고 있으며, ORC 효율이 향상되고 보다 견고하고 적응력이 뛰어난 시스템이 개발되면서 다양한 열 조건과 산업 환경에 적용이 확대되고 있습니다. 또한, 보조금, 세제 혜택, 에너지 효율 및 재생 에너지 사용을 촉진하기 위한 유리한 정부 정책과 같은 경제적 인센티브가 ORC 시스템의 세계 보급을 가속화하고 있습니다. 또한, 에너지 가격이 계속 상승함에 따라 구매 전력에 대한 의존도를 낮추기 위해 ORC 기술을 도입해야 한다는 경제적 논리가 더욱 설득력을 얻고 있으며, 이는 효율적이고 지속 가능한 에너지 솔루션에 대한 추가 투자를 촉진하고 있습니다.
부문
응용 분야(지열, 폐열 회수 및 기타 응용 분야)
조사 대상 기업 사례(총 48건)
Toshiba Corporation
General Electric Company
Siemens Energy AG
Toshiba Mitsubishi Electric Industrial Systems Co.
Barber-Nichols, Inc.
Enogia, Sas
R&D Dynamics Corporation
Air Squared, Inc.
Sigma Thermal
ElectraTherm, Inc.
Entropea Labs Limited
Opel Energy Systems Private Limited
TransPacific Energy, Inc.
Turboden SPA
Boustead International Heaters Limited
목차
제1장 조사 방법
제2장 주요 요약
시장 개요
주요 기업
시장 동향과 촉진요인
세계 시장 전망
제3장 시장 분석
미국
캐나다
유럽
독일
이탈리아
터키
기타 유럽
아시아태평양
기타 지역
제4장 경쟁
LSH
영문 목차
영문목차
Global Organic Rankine Cycle Market to Reach US$1.7 Billion by 2030
The global market for Organic Rankine Cycle estimated at US$570.0 Million in the year 2024, is expected to reach US$1.7 Billion by 2030, growing at a CAGR of 20.3% over the analysis period 2024-2030. Geothermal Application, one of the segments analyzed in the report, is expected to record a 20.6% CAGR and reach US$1.4 Billion by the end of the analysis period. Growth in the Waste Heat Recovery Application segment is estimated at 18.3% CAGR over the analysis period.
Global CP22435 Organic Rankine Cycle Market - Key Trends and Drivers Summarized
The Organic Rankine Cycle (ORC) is a thermodynamic process that converts thermal energy into mechanical power, which can then be converted into electricity. This process utilizes organic fluids with a lower boiling point than water, making it especially suited for harnessing heat from low-temperature sources such as geothermal heat, biomass combustion, industrial waste heat, and solar thermal energy. The ORC operates similarly to a traditional steam turbine, but because it can work effectively at lower temperatures and with smaller temperature differences, it provides a practical solution for capturing and utilizing residual heat that would otherwise be wasted.
In industries where excess heat is a byproduct—such as manufacturing, power generation, and chemical processing—the implementation of ORC technology can significantly enhance energy efficiency. By converting this waste heat into additional power, facilities can reduce their energy costs and carbon footprints, supporting sustainability initiatives. The flexibility of the ORC also makes it an attractive option for renewable energy projects, such as geothermal and solar thermal plants, where it can boost efficiency and output without the need for additional natural resources. Furthermore, the adoption of ORC systems in these applications promotes a more stable and reliable energy supply, particularly in remote or off-grid areas, enhancing energy security and providing consistent power in regions with limited infrastructure.
The growth in the Organic Rankine Cycle market is driven by several factors. Increasing global awareness and regulatory pressures regarding environmental impact have prompted industries to adopt cleaner and more energy-efficient technologies. ORC systems, with their ability to recycle waste heat and reduce greenhouse gas emissions, are particularly well-positioned to meet these needs. Technological advancements have also played a crucial role, as improvements in ORC efficiency and the development of more robust and adaptable systems have broadened their applicability across diverse thermal conditions and industrial settings. Additionally, economic incentives such as grants, tax benefits, and favorable government policies aimed at promoting energy efficiency and renewable energy utilization have accelerated the deployment of ORC systems worldwide. Moreover, as energy prices continue to rise, the economic case for implementing ORC technology to reduce dependency on purchased power becomes even more compelling, driving further investment into this efficient and sustainable energy solution.
SCOPE OF STUDY:
The report analyzes the Organic Rankine Cycle market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Application (Geothermal, Waste Heat Recovery, Other Applications)
Geographic Regions/Countries:
World; USA; Canada; Europe; Germany; Italy; Turkey; Rest of Europe; Asia-Pacific; Rest of World.
Select Competitors (Total 48 Featured) -
Toshiba Corporation
General Electric Company
Siemens Energy AG
Toshiba Mitsubishi Electric Industrial Systems Co., Ltd.
Barber-Nichols, Inc.
Enogia, Sas
R&D Dynamics Corporation
Air Squared, Inc.
Sigma Thermal
ElectraTherm, Inc.
Entropea Labs Limited
Opel Energy Systems Private Limited
TransPacific Energy, Inc.
Turboden SPA
Boustead International Heaters Limited
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
An Introduction to Organic Rankine Cycle (ORC)
ORC Technology: Primary Applications
Global Energy Mix: 1990 Vs 2020 Vs 2030
Global Renewable Energy Breakdown by Type: 2010 Vs 2030
Global Market Prospects & Outlook
Clean Energy Generation Bonanza Portends Radical Gains for Global ORC Market
ORC Waste Heat to Power Market Enjoys Real Moment with Adoption of Clean Energy Generation Technologies
Researchers Bet on Innovative ORC Technology to Exploit Industrial Waste Heat
Analysis by Application
World Organic Rankine Cycle Market by Application (2024 & 2030): Percentage Breakdown of Revenues for Geothermal, Waste Heat Recovery, and Other Applications
Regional Analysis
World Organic Rankine Cycle Market (2024 & 2030): Percentage Breakdown of Revenues for Developed and Developing Regions
World Organic Rankine Cycle Market - Geographic Regions Ranked by Value CAGR for 2023-2030: USA, Asia-Pacific, Rest of World, Europe, and Canada
Competitive Scenario
Organic Rankine Cycle - Global Key Competitors Percentage Market Share in 2024 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
Recent Market Activity
Select Global Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Industrial Applications of ORC
Rising Demand for Single-Stage and Cascaded ORC Systems
Commercial Use of Organic ORC Systems for Small and Large Scale Thermal Conversion
Steam Rankine Cycle Systems for Nuclear Plants and Coal-fired Power Plants
Recycling Waste Heat with ORC for Self-consumption of Plant
Novel ORC Couples Subcritical and Supercritical Heat Absorption Procedures
Optimized Regenerative ORC Enhance Performance of Internal Combustion Engines
ORC Technology Helps Recover Potentially Huge Amount of Waste Heat
The Role of ORC in Decarbonization Goals
Domestic GHG Emission Reduction Targets of Select Regions/Countries
World Carbon Footprint Management Market by Vertical (2024 & 2030): Percentage Breakdown of Revenues for Energy & Utilities, Manufacturing, Transportation & Logistics, Residential & Commercial Buildings, and IT & Telecom
ORC System Seeks Role in Waste Heat Recovery Technologies
Global Waste Generation, by Region (in millions of tonnes/year): 2016, 2030, 2050
Percentage of Municipal Solid Waste Burned with Energy Recovery in Select Countries
Novel Opportunities in Waste to Energy Sector
Uptrend in Geothermal Power Sector Augurs Well
Impact of Geothermal Stations on the Environment
Patent Activity in Geothermal Energy Sector
Expanding Biomass Sector Offers Opportunities
Biomass CHP as a Percentage of Total CHP Generation in Select Countries
Issues Linked to ORC and Possible Solutions
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Organic Rankine Cycle Market Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030
TABLE 2: World Recent Past, Current & Future Analysis for Organic Rankine Cycle by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2024 through 2030 and % CAGR
TABLE 3: World 6-Year Perspective for Organic Rankine Cycle by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Europe, Asia-Pacific and Rest of World Markets for Years 2025 & 2030
TABLE 4: World Recent Past, Current & Future Analysis for Geothermal by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2024 through 2030 and % CAGR
TABLE 5: World 6-Year Perspective for Geothermal by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
TABLE 6: World Recent Past, Current & Future Analysis for Waste Heat Recovery by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2024 through 2030 and % CAGR
TABLE 7: World 6-Year Perspective for Waste Heat Recovery by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
TABLE 8: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2024 through 2030 and % CAGR
TABLE 9: World 6-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
III. MARKET ANALYSIS
UNITED STATES
Organic Rankine Cycle Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
TABLE 10: USA Recent Past, Current & Future Analysis for Organic Rankine Cycle by Application - Geothermal, Waste Heat Recovery and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 11: USA 6-Year Perspective for Organic Rankine Cycle by Application - Percentage Breakdown of Value Revenues for Geothermal, Waste Heat Recovery and Other Applications for the Years 2025 & 2030
CANADA
TABLE 12: Canada Recent Past, Current & Future Analysis for Organic Rankine Cycle by Application - Geothermal, Waste Heat Recovery and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 13: Canada 6-Year Perspective for Organic Rankine Cycle by Application - Percentage Breakdown of Value Revenues for Geothermal, Waste Heat Recovery and Other Applications for the Years 2025 & 2030
EUROPE
Organic Rankine Cycle Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
TABLE 14: Europe Recent Past, Current & Future Analysis for Organic Rankine Cycle by Geographic Region - Germany, Italy, Turkey and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2024 through 2030 and % CAGR
TABLE 15: Europe 6-Year Perspective for Organic Rankine Cycle by Geographic Region - Percentage Breakdown of Value Revenues for Germany, Italy, Turkey and Rest of Europe Markets for Years 2025 & 2030
TABLE 16: Europe Recent Past, Current & Future Analysis for Organic Rankine Cycle by Application - Geothermal, Waste Heat Recovery and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 17: Europe 6-Year Perspective for Organic Rankine Cycle by Application - Percentage Breakdown of Value Revenues for Geothermal, Waste Heat Recovery and Other Applications for the Years 2025 & 2030
GERMANY
TABLE 18: Germany Recent Past, Current & Future Analysis for Organic Rankine Cycle by Application - Geothermal, Waste Heat Recovery and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 19: Germany 6-Year Perspective for Organic Rankine Cycle by Application - Percentage Breakdown of Value Revenues for Geothermal, Waste Heat Recovery and Other Applications for the Years 2025 & 2030
ITALY
TABLE 20: Italy Recent Past, Current & Future Analysis for Organic Rankine Cycle by Application - Geothermal, Waste Heat Recovery and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 21: Italy 6-Year Perspective for Organic Rankine Cycle by Application - Percentage Breakdown of Value Revenues for Geothermal, Waste Heat Recovery and Other Applications for the Years 2025 & 2030
TURKEY
TABLE 22: Turkey Recent Past, Current & Future Analysis for Organic Rankine Cycle by Application - Geothermal, Waste Heat Recovery and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 23: Turkey 6-Year Perspective for Organic Rankine Cycle by Application - Percentage Breakdown of Value Revenues for Geothermal, Waste Heat Recovery and Other Applications for the Years 2025 & 2030
REST OF EUROPE
TABLE 24: Rest of Europe Recent Past, Current & Future Analysis for Organic Rankine Cycle by Application - Geothermal, Waste Heat Recovery and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 25: Rest of Europe 6-Year Perspective for Organic Rankine Cycle by Application - Percentage Breakdown of Value Revenues for Geothermal, Waste Heat Recovery and Other Applications for the Years 2025 & 2030
ASIA-PACIFIC
Organic Rankine Cycle Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
TABLE 26: Asia-Pacific Recent Past, Current & Future Analysis for Organic Rankine Cycle by Application - Geothermal, Waste Heat Recovery and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 27: Asia-Pacific 6-Year Perspective for Organic Rankine Cycle by Application - Percentage Breakdown of Value Revenues for Geothermal, Waste Heat Recovery and Other Applications for the Years 2025 & 2030
REST OF WORLD
TABLE 28: Rest of World Recent Past, Current & Future Analysis for Organic Rankine Cycle by Application - Geothermal, Waste Heat Recovery and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2024 through 2030 and % CAGR
TABLE 29: Rest of World 6-Year Perspective for Organic Rankine Cycle by Application - Percentage Breakdown of Value Revenues for Geothermal, Waste Heat Recovery and Other Applications for the Years 2025 & 2030