ORC 폐열발전 시장 예측 : 기회, 성장 요인, 업계 동향 분석(2026-2035년)

The Global ORC Waste Heat to Power Market was valued at USD 4.6 billion in 2025 and is estimated to grow at a CAGR of 10.6% to reach USD 12.9 billion by 2035.

Growth is driven by accelerating decarbonization efforts, tightening environmental regulations, and rising pressure on industrial operators to improve energy efficiency. Large volumes of recoverable heat generated during industrial processes are increasingly viewed as an untapped energy resource rather than a loss. ORC technology enables this residual thermal energy to be converted into usable electricity, improving overall efficiency while reducing emissions. Volatile energy pricing and long-term cost control priorities are further strengthening adoption, as ORC systems help offset grid dependence and lower operational expenses. Continuous declines in the levelized cost of electricity, supported by technological maturity and scaling of system deployment, are expanding adoption beyond large facilities. Advances in system design, component efficiency, and operational reliability are improving output while reducing maintenance requirements, making ORC solutions more commercially attractive across a wider range of operating environments.

The greater than 5 to 10 MWe capacity segment is expected to reach USD 1.5 billion by 2035. Systems within this range are selected for high-volume heat recovery applications where large, stable thermal streams allow for meaningful on-site power generation. Regulatory compliance goals and long-term sustainability commitments continue to support investment in higher-capacity installations.

United States ORC Waste Heat to Power Market held 73% share in 2025, generating USD 660 million. Market growth is supported by favorable policy frameworks, rising energy costs, and increased focus on emissions reduction. Interest in distributed power generation and localized energy resilience further contributes to adoption momentum.

Key companies active in the Global ORC Waste Heat to Power Market include Turboden S.p.A, Ormat Technologies, Mitsubishi Heavy Industries, Ltd., ABB, General Electric, Atlas Copco AB, Alfa Laval, Kaishan USA, Enertime, ENOGIA, Exergy International Srl, ORCAN ENERGY AG, Calnetix Technologies, LLC, Elvosolar, a.s., INTEC GMK, and Triogen. Companies operating in the Global ORC Waste Heat to Power Market strengthen their market position through technology innovation, system efficiency improvements, and strategic expansion. Leading players invest in advanced system designs to increase conversion efficiency while lowering lifecycle costs. Portfolio diversification across different capacity ranges allows suppliers to address a broader customer base. Strategic partnerships with engineering firms and energy solution providers help accelerate project deployment and market access. Manufacturers also focus on modular system development to reduce installation time and improve scalability.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Research design
  • 1.1.1 Research approach
  • 1.1.2 Data collection methods
• 1.2 Base estimates and calculations
  • 1.2.1 Base year calculation
  • 1.2.2 Market estimates & forecast parameters
• 1.3 Forecast
  • 1.3.1 Key trends for market estimates
  • 1.3.2 Quantified market impact analysis
    • 1.3.2.1 Mathematical impact of growth parameters on forecast
  • 1.3.3 Scenario analysis framework
• 1.4 Primary research and validation
  • 1.4.1 Some of the primary sources (but not limited to)
• 1.5 Data mining sources
  • 1.5.1 Paid Sources
  • 1.5.2 Sources, by region
• 1.6 Research trail & scoring components
  • 1.6.1 Research trail components
  • 1.6.2 Scoring components
• 1.7 Research transparency addendum
  • 1.7.1 Source attribution framework
  • 1.7.2 Quality assurance metrics
  • 1.7.3 Our commitment to trust
• 1.8 Market definitions

Chapter 2 Executive Summary

• 2.1 Industry synopsis, 2022 - 2035
  • 2.1.1 Business trends
  • 2.1.2 Power output trends
  • 2.1.3 Regional trends

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Raw material availability & sourcing analysis
  • 3.1.2 Manufacturing capacity assessment
  • 3.1.3 Supply chain resilience & risk factors
  • 3.1.4 Distribution network analysis
• 3.2 Regulatory landscape
• 3.3 Industry impact forces
  • 3.3.1 Growth drivers
  • 3.3.2 Industry pitfalls & challenges
• 3.4 Growth potential analysis
• 3.5 Porter's analysis
  • 3.5.1 Bargaining power of suppliers
  • 3.5.2 Bargaining power of buyers
  • 3.5.3 Threat of new entrants
  • 3.5.4 Threat of substitutes
• 3.6 PESTEL analysis
  • 3.6.1 Political factors
  • 3.6.2 Economic factors
  • 3.6.3 Social factors
  • 3.6.4 Technological factors
  • 3.6.5 Legal factors
  • 3.6.6 Environmental factors
• 3.7 Cost structure analysis of induction heating systems
• 3.8 Emerging opportunities & trends
• 3.9 Investment analysis & future prospects
• 3.10 Sustainability initiatives & industry 4.0 integration

Chapter 4 Competitive Landscape, 2025

• 4.1 Introduction
• 4.2 Company market share analysis, by region, 2025
  • 4.2.1 North America
  • 4.2.2 Europe
  • 4.2.3 Asia Pacific
  • 4.2.4 Middle East & Africa
  • 4.2.5 Latin America
• 4.3 Strategic dashboard
• 4.4 Strategic initiatives
  • 4.4.1 Key partnerships & collaborations
  • 4.4.2 Major M&A activities
  • 4.4.3 Product innovations & launches
  • 4.4.4 Market expansion strategies
• 4.5 Competitive benchmarking
• 4.6 Innovation & sustainability landscape

Chapter 5 Market Size and Forecast, By Power Output, 2022 - 2035 (USD Million)

• 5.1 Key trends
• 5.2 ≤ 1 MWe
• 5.3 > 1 - 5 MWe
• 5.4 > 5 - 10 MWe
• 5.5 > 10 MWe

Chapter 6 Market Size and Forecast, By Region, 2022 - 2035 (USD Million)

• 6.1 Key trends
• 6.2 North America
  • 6.2.1 U.S.
  • 6.2.2 Canada
  • 6.2.3 Mexico
• 6.3 Europe
  • 6.3.1 Germany
  • 6.3.2 UK
  • 6.3.3 Italy
  • 6.3.4 France
  • 6.3.5 Belgium
  • 6.3.6 Spain
  • 6.3.7 Russia
• 6.4 Asia Pacific
  • 6.4.1 China
  • 6.4.2 Australia
  • 6.4.3 India
  • 6.4.4 Japan
  • 6.4.5 South Korea
• 6.5 Middle East & Africa
  • 6.5.1 Saudi Arabia
  • 6.5.2 UAE
  • 6.5.3 South Africa
• 6.6 Latin America
  • 6.6.1 Brazil
  • 6.6.2 Argentina

Chapter 7 Company Profiles

• 7.1 ABB
• 7.2 ALFA LAVAL
• 7.3 Atlas Copco AB
• 7.4 Calnetix Technologies, LLC
• 7.5 Elvosolar, a.s.
• 7.6 Enertime
• 7.7 ENOGIA
• 7.8 Exergy International Srl
• 7.9 General Electric
• 7.10 INTEC GMK
• 7.11 Kaishan USA
• 7.12 Mitsubishi Heavy Industries, Ltd.
• 7.13 ORCAN ENERGY AG
• 7.14 Ormat Technologies
• 7.15 Triogen
• 7.16 Turboden S.p.A