유기 랭킨 사이클 시장 : 부품별, 용도별 - 세계 예측(2025-2030년)

The Organic Rankine Cycle Market was valued at USD 556.15 million in 2023, expected to reach USD 585.04 million in 2024, and is projected to grow at a CAGR of 5.59%, to USD 813.95 million by 2030.

The Organic Rankine Cycle (ORC) is a thermodynamic process used for converting low-grade heat into mechanical energy, typically via the use of organic fluids, which have lower boiling points than water. The primary necessity for ORC systems lies in harnessing waste heat and utilizing renewable energy sources such as geothermal, biomass, or solar energy, thus increasing energy efficiency. ORC systems find application across various industries, including manufacturing, oil and gas, and power generation, and are used in end-use scenarios such as industrial waste heat recovery, biomass power plants, and geothermal power generation, among others. Market growth is fueled by increasing interest in energy efficiency and sustainability practices, rising energy costs, and favorable government regulations promoting renewable energy and emission reduction. The ORC market presents potential opportunities through continued research into advanced working fluids, integrated operational systems, and hybrid energy solutions, making it conducive to business growth. Recommendations include investing in R&D for improving system efficiency and reaching new application areas, especially in remote or off-grid locations where energy access is limited. However, the market also faces challenges, including high initial setup costs, technical complexity, and competition from other renewable technologies like heat pumps and photovoltaic cells. Policy changes and the intermittent nature of renewable energy sources can also influence market stability. Innovation should focus on reducing capital costs, enhancing efficiency through improved heat exchangers, and developing more environmentally friendly working fluids. The nature of the ORC market leans towards moderate growth, driven by technological advancements and increasing deployment in environmentally focused projects. Focusing on customized solutions and expanding applications in emerging markets can facilitate market expansion. Ensuring efficient after-sales support and building strategic partnerships with industry players also presents a pathway for sustained growth in this niche yet expanding field.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Organic Rankine Cycle Market

The Organic Rankine Cycle Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Increasing clean energy investment and production
  • Development of ORC-based geothermal power projects
  • Demand for energy efficiency technology
• Market Restraints
  • Presence of market substitutes such as steam rankine cycle (SRC)
• Market Opportunities
  • ORC application in commercial vehicles for continuing developments toward clean fuels
  • Advances in stationary ORC technology across scales and heat-source temperatures
• Market Challenges
  • Challenges in ORC systems modeling for low grade thermal energy recovery and dynamic behavior of ORC

Porter's Five Forces: A Strategic Tool for Navigating the Organic Rankine Cycle Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Organic Rankine Cycle Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Organic Rankine Cycle Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Organic Rankine Cycle Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Organic Rankine Cycle Market

A detailed market share analysis in the Organic Rankine Cycle Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Organic Rankine Cycle Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Organic Rankine Cycle Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Organic Rankine Cycle Market

A strategic analysis of the Organic Rankine Cycle Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Organic Rankine Cycle Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Calnetix Technologies, LLC, Clean Energy Technologies, Inc., Durr Systems AG, ELVOSOLAR A.S., Enertime, Enogia SA, Exergy International S.r.l., General Electric Company, INTEC GMK GmbH, Kaishan USA, Ormat Technologies, Inc., Siemens AG, TAS Energy Inc., and TURBODEN S.p.A. by Mitsubishi Heavy Industries, Ltd..

Market Segmentation & Coverage

This research report categorizes the Organic Rankine Cycle Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Component, market is studied across Condenser, Feed Pump, Heat Exchangers, and Turbine.
• Based on Application, market is studied across Biomass, Geothermal, Solar Thermal, and Waste Heat Recovery.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Increasing clean energy investment and production
    • 5.1.1.2. Development of ORC-based geothermal power projects
    • 5.1.1.3. Demand for energy efficiency technology
  • 5.1.2. Restraints
    • 5.1.2.1. Presence of market substitutes such as steam rankine cycle (SRC)
  • 5.1.3. Opportunities
    • 5.1.3.1. ORC application in commercial vehicles for continuing developments toward clean fuels
    • 5.1.3.2. Advances in stationary ORC technology across scales and heat-source temperatures
  • 5.1.4. Challenges
    • 5.1.4.1. Challenges in ORC systems modeling for low grade thermal energy recovery and dynamic behavior of ORC
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Organic Rankine Cycle Market, by Component

• 6.1. Introduction
• 6.2. Condenser
• 6.3. Feed Pump
• 6.4. Heat Exchangers
• 6.5. Turbine

7. Organic Rankine Cycle Market, by Application

• 7.1. Introduction
• 7.2. Biomass
• 7.3. Geothermal
• 7.4. Solar Thermal
• 7.5. Waste Heat Recovery

8. Americas Organic Rankine Cycle Market

• 8.1. Introduction
• 8.2. Argentina
• 8.3. Brazil
• 8.4. Canada
• 8.5. Mexico
• 8.6. United States

9. Asia-Pacific Organic Rankine Cycle Market

• 9.1. Introduction
• 9.2. Australia
• 9.3. China
• 9.4. India
• 9.5. Indonesia
• 9.6. Japan
• 9.7. Malaysia
• 9.8. Philippines
• 9.9. Singapore
• 9.10. South Korea
• 9.11. Taiwan
• 9.12. Thailand
• 9.13. Vietnam

10. Europe, Middle East & Africa Organic Rankine Cycle Market

• 10.1. Introduction
• 10.2. Denmark
• 10.3. Egypt
• 10.4. Finland
• 10.5. France
• 10.6. Germany
• 10.7. Israel
• 10.8. Italy
• 10.9. Netherlands
• 10.10. Nigeria
• 10.11. Norway
• 10.12. Poland
• 10.13. Qatar
• 10.14. Russia
• 10.15. Saudi Arabia
• 10.16. South Africa
• 10.17. Spain
• 10.18. Sweden
• 10.19. Switzerland
• 10.20. Turkey
• 10.21. United Arab Emirates
• 10.22. United Kingdom

11. Competitive Landscape

• 11.1. Market Share Analysis, 2023
• 11.2. FPNV Positioning Matrix, 2023
• 11.3. Competitive Scenario Analysis
• 11.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. ABB Ltd.
• 2. Calnetix Technologies, LLC
• 3. Clean Energy Technologies, Inc.
• 4. Durr Systems AG
• 5. ELVOSOLAR A.S.
• 6. Enertime
• 7. Enogia SA
• 8. Exergy International S.r.l.
• 9. General Electric Company
• 10. INTEC GMK GmbH
• 11. Kaishan USA
• 12. Ormat Technologies, Inc.
• 13. Siemens AG
• 14. TAS Energy Inc.
• 15. TURBODEN S.p.A. by Mitsubishi Heavy Industries, Ltd.