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According to the latest research analysis,the global market for Organic Rankine Cycle System for Waste Heat Recovery should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
By country, China accounted for percent of the global market last year and China’s market share increased from percent to percent. China Organic Rankine Cycle System for Waste Heat Recovery market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029. The United States Organic Rankine Cycle System for Waste Heat Recovery market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
By segment, Petroleum Refining grew percent to account for percent of the total market sales, and Heavy Metal Production grew percent.
Waste heat refers to the sensible heat and latent heat that have not been rationally utilized in the original design in the energy-consuming devices of industrial enterprises that have been put into operation due to the limitations of history, technology, ideas and other factors. It includes waste heat of high-temperature exhaust gas, waste heat of cooling medium, waste heat of waste steam and waste water, waste heat of high-temperature products and slag, waste heat of chemical reaction, waste heat of combustible waste gas and liquid, waste heat, etc. According to the survey, the total waste heat resources of various industries account for about 17% to 67% of their total fuel consumption, and the recyclable waste heat resources are about 60% of the total waste heat resources.
This report studies and analyses global Organic Rankine Cycle System for Waste Heat Recovery status and future trends, to help determine the Organic Rankine Cycle System for Waste Heat Recovery market size of the total market opportunity by Type, by Application, by company, and by region & country. This report is a detailed and comprehensive analysis of the world market for Organic Rankine Cycle System for Waste Heat Recovery, and provides market size (US$ million) and Year-over-Year growth, considering 2022 as the base year.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
To assess the competitive environment within the market including supplier revenue, market share, and company profiles.
Highlights
(1) Global Organic Rankine Cycle System for Waste Heat Recovery market size, history data 2018-2023, and forecast data 2024-2029, (US$ million)
(2) Global Organic Rankine Cycle System for Waste Heat Recovery by company, revenue, market share and industry ranking 2018-2023, (US$ million)
(3) China Organic Rankine Cycle System for Waste Heat Recovery by company, revenue, market share and industry ranking 2018-2023, (US$ million)
(4) Global Organic Rankine Cycle System for Waste Heat Recovery key consuming regions, consumption value and demand structure
(5) Organic Rankine Cycle System for Waste Heat Recovery industry chains, upstream, midstream and downstream
Understanding Market Segments by Key Players: Insights and Opportunities
ABB
MHI
Siemens
GE
Kawasaki
Ormat
Foster Wheeler
Bosch
Echogen Power Systems
EST (Wasabi)
Thermax
Understanding Market Segments by Type: A Comparative Analysis
Upstream Sector
Midstream Sector
Downstream Industry
Market Segmentation by Application: Dividing Key Markets and Identifying Opportunities
Petroleum Refining
Heavy Metal Production
Cement
Chemical
Others
Breaking Down Market Segments by Region: A Deep Dive Analysis
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Uncovering Market Potential: What Our Report Includes
Chapter 1: to describe Organic Rankine Cycle System for Waste Heat Recovery product scope, global consumption value, China consumption value, development opportunities, challenges, trends, and policies.
Chapter 2: Global Organic Rankine Cycle System for Waste Heat Recovery market share and ranking of major manufacturers, revenue, 2018-2023
Chapter 3: China Organic Rankine Cycle System for Waste Heat Recovery market share and ranking of major manufacturers, revenue, 2018-2023
Chapter 4: Organic Rankine Cycle System for Waste Heat Recovery industry chain, upstream, medium-stream, and downstream.
Chapter 5: Segment by Type, consumption value, percent & CAGR, 2018-2029
Chapter 6: Segment by Application, consumption value, percent & CAGR, 2018-2029
Chapter 7: Segment in regional level, consumption value, percent & CAGR, 2018-2029
Chapter 8: Segment in country level, consumption value, percent & CAGR, 2018-2029
Chapter 9: Company profile, introducing the basic situation of the main companies in the market in detail, including product specifications, application, recent development, revenue, gross margin.
Chapter 10: Conclusions
1 Market Overview
1.1 Organic Rankine Cycle System for Waste Heat Recovery Definition
1.2 Global Organic Rankine Cycle System for Waste Heat Recovery Market Size and Forecast
1.3 China Organic Rankine Cycle System for Waste Heat Recovery Market Size and Forecast
1.4 China Percentage in Global Market
1.5 Organic Rankine Cycle System for Waste Heat Recovery Market Size: China VS Global Growth Rate, 2018-2029
1.6 Organic Rankine Cycle System for Waste Heat Recovery Market Dynamics
1.6.1 Organic Rankine Cycle System for Waste Heat Recovery Market Drivers
1.6.2 Organic Rankine Cycle System for Waste Heat Recovery Market Restraints
1.6.3 Organic Rankine Cycle System for Waste Heat Recovery Industry Trends
1.6.4 Organic Rankine Cycle System for Waste Heat Recovery Industry Policy
2 Global Leading Players and Market Share
2.1 By Revenue of Organic Rankine Cycle System for Waste Heat Recovery, Global Market Share by Company, 2018-2023
2.2 Global Organic Rankine Cycle System for Waste Heat Recovery Participants, Market Position (Tier 1, Tier 2, and Tier 3)
2.3 Global Organic Rankine Cycle System for Waste Heat Recovery Concentration Ratio
2.4 Global Organic Rankine Cycle System for Waste Heat Recovery Mergers & Acquisitions, Expansion Plans
2.5 Global Organic Rankine Cycle System for Waste Heat Recovery Major Companies Product Type
2.6 Head Office and Organic Rankine Cycle System for Waste Heat Recovery Production Site of Key Manufacturer
3 China Leading Players, Market Share and Ranking
3.1 By Revenue of Organic Rankine Cycle System for Waste Heat Recovery, China Market Share by Company, 2018-2023
3.2 China Organic Rankine Cycle System for Waste Heat Recovery Participants, Market Position (Tier 1, Tier 2, and Tier 3)
4 Industry Chain Analysis
4.1 Organic Rankine Cycle System for Waste Heat Recovery Industry Chain
4.2 Organic Rankine Cycle System for Waste Heat Recovery Upstream Analysis
4.2.1 Organic Rankine Cycle System for Waste Heat Recovery Core Raw Materials
4.2.2 Main Manufacturers of Organic Rankine Cycle System for Waste Heat Recovery Core Raw Materials
4.3 Midstream Analysis
4.4 Downstream Analysis
4.5 Organic Rankine Cycle System for Waste Heat Recovery Production Mode
4.6 Organic Rankine Cycle System for Waste Heat Recovery Procurement Model
4.7 Organic Rankine Cycle System for Waste Heat Recovery Industry Sales Model and Sales Channels
4.7.1 Organic Rankine Cycle System for Waste Heat Recovery Sales Model
4.7.2 Organic Rankine Cycle System for Waste Heat Recovery Typical Distributors
5 Sights by Type
5.1 Organic Rankine Cycle System for Waste Heat Recovery Classification
5.1.1 Upstream Sector
5.1.2 Midstream Sector
5.1.3 Downstream Industry
5.2 By Type, Global Organic Rankine Cycle System for Waste Heat Recovery Consumption Value & CAGR, 2018 VS 2022 VS 2029
5.3 By Type, Global Organic Rankine Cycle System for Waste Heat Recovery Consumption Value, 2018-2029
6 Sights by Application
6.1 Organic Rankine Cycle System for Waste Heat Recovery Segment by Application
6.1.1 Petroleum Refining
6.1.2 Heavy Metal Production
6.1.3 Cement
6.1.4 Chemical
6.1.5 Others
6.2 By Application, Global Organic Rankine Cycle System for Waste Heat Recovery Consumption Value & CAGR, 2018 VS 2022 VS 2029
6.3 By Application, Global Organic Rankine Cycle System for Waste Heat Recovery Consumption Value, 2018-2029
7 Sales Sights by Region
7.1 By Region, Global Organic Rankine Cycle System for Waste Heat Recovery Consumption Value, 2018 VS 2022 VS 2029
7.2 By Region, Global Organic Rankine Cycle System for Waste Heat Recovery Consumption Value, 2018-2029
7.3 North America
7.3.1 North America Organic Rankine Cycle System for Waste Heat Recovery & Forecasts, 2018-2029
7.3.2 By Country, North America Organic Rankine Cycle System for Waste Heat Recovery Market Size Market Share
7.4 Europe
7.4.1 Europe Organic Rankine Cycle System for Waste Heat Recovery Market Size & Forecasts, 2018-2029
7.4.2 By Country, Europe Organic Rankine Cycle System for Waste Heat Recovery Market Size Market Share
7.5 Asia Pacific
7.5.1 Asia Pacific Organic Rankine Cycle System for Waste Heat Recovery Market Size & Forecasts, 2018-2029
7.5.2 By Country/Region, Asia Pacific Organic Rankine Cycle System for Waste Heat Recovery Market Size Market Share
7.6 South America
7.6.1 South America Organic Rankine Cycle System for Waste Heat Recovery Market Size & Forecasts, 2018-2029
7.6.2 By Country, South America Organic Rankine Cycle System for Waste Heat Recovery Market Size Market Share
7.7 Middle East & Africa
8 Sales Sights by Country Level
8.1 By Country, Global Organic Rankine Cycle System for Waste Heat Recovery Market Size & CAGR, 2018 VS 2022 VS 2029
8.2 By Country, Global Organic Rankine Cycle System for Waste Heat Recovery Consumption Value, 2018-2029
8.3 U.S.
8.3.1 U.S. Organic Rankine Cycle System for Waste Heat Recovery Market Size, 2018-2029
8.3.2 By Type, U.S. Organic Rankine Cycle System for Waste Heat Recovery Consumption Value Market Share, 2022 VS 2029
8.3.3 By Application, U.S. Organic Rankine Cycle System for Waste Heat Recovery Consumption Value Market Share, 2022 VS 2029
8.4 Europe
8.4.1 Europe Organic Rankine Cycle System for Waste Heat Recovery Market Size, 2018-2029
8.4.2 By Type, Europe Organic Rankine Cycle System for Waste Heat Recovery Consumption Value Market Share, 2022 VS 2029
8.4.3 By Application, Europe Organic Rankine Cycle System for Waste Heat Recovery Consumption Value Market Share, 2022 VS 2029
8.5 China
8.5.1 China Organic Rankine Cycle System for Waste Heat Recovery Market Size, 2018-2029
8.5.2 By Type, China Organic Rankine Cycle System for Waste Heat Recovery Consumption Value Market Share, 2022 VS 2029
8.5.3 By Application, China Organic Rankine Cycle System for Waste Heat Recovery Consumption Value Market Share, 2022 VS 2029
8.6 Japan
8.6.1 Japan Organic Rankine Cycle System for Waste Heat Recovery Market Size, 2018-2029
8.6.2 By Type, Japan Organic Rankine Cycle System for Waste Heat Recovery Consumption Value Market Share, 2022 VS 2029
8.6.3 By Application, Japan Organic Rankine Cycle System for Waste Heat Recovery Consumption Value Market Share, 2022 VS 2029
8.7 South Korea
8.7.1 South Korea Organic Rankine Cycle System for Waste Heat Recovery Market Size, 2018-2029
8.7.2 By Type, South Korea Organic Rankine Cycle System for Waste Heat Recovery Consumption Value Market Share, 2022 VS 2029
8.7.3 By Application, South Korea Organic Rankine Cycle System for Waste Heat Recovery Consumption Value Market Share, 2022 VS 2029
8.8 Southeast Asia
8.8.1 Southeast Asia Organic Rankine Cycle System for Waste Heat Recovery Market Size, 2018-2029
8.8.2 By Type, Southeast Asia Organic Rankine Cycle System for Waste Heat Recovery Consumption Value Market Share, 2022 VS 2029
8.8.3 By Application, Southeast Asia Organic Rankine Cycle System for Waste Heat Recovery Consumption Value Market Share, 2022 VS 2029
8.9 India
8.9.1 India Organic Rankine Cycle System for Waste Heat Recovery Market Size, 2018-2029
8.9.2 By Type, India Organic Rankine Cycle System for Waste Heat Recovery Consumption Value Market Share, 2022 VS 2029
8.9.3 By Application, India Organic Rankine Cycle System for Waste Heat Recovery Consumption Value Market Share, 2022 VS 2029
8.10 Middle East & Africa
8.10.1 Middle East & Africa Organic Rankine Cycle System for Waste Heat Recovery Market Size, 2018-2029
8.10.2 By Type, Middle East & Africa Organic Rankine Cycle System for Waste Heat Recovery Consumption Value Market Share, 2022 VS 2029
8.10.3 By Application, Middle East & Africa Organic Rankine Cycle System for Waste Heat Recovery Consumption Value Market Share, 2022 VS 2029
9 Company Profile
9.1 ABB
9.1.1 ABB Company Information, Head Office, Market Area and Industry Position
9.1.2 ABB Company Profile and Main Business
9.1.3 ABB Organic Rankine Cycle System for Waste Heat Recovery Models, Specifications and Application
9.1.4 ABB Organic Rankine Cycle System for Waste Heat Recovery Revenue and Gross Margin, 2018-2023
9.1.5 ABB Recent Developments
9.2 MHI
9.2.1 MHI Company Information, Head Office, Market Area and Industry Position
9.2.2 MHI Company Profile and Main Business
9.2.3 MHI Organic Rankine Cycle System for Waste Heat Recovery Models, Specifications and Application
9.2.4 MHI Organic Rankine Cycle System for Waste Heat Recovery Revenue and Gross Margin, 2018-2023
9.2.5 MHI Recent Developments
9.3 Siemens
9.3.1 Siemens Company Information, Head Office, Market Area and Industry Position
9.3.2 Siemens Company Profile and Main Business
9.3.3 Siemens Organic Rankine Cycle System for Waste Heat Recovery Models, Specifications and Application
9.3.4 Siemens Organic Rankine Cycle System for Waste Heat Recovery Revenue and Gross Margin, 2018-2023
9.3.5 Siemens Recent Developments
9.4 GE
9.4.1 GE Company Information, Head Office, Market Area and Industry Position
9.4.2 GE Company Profile and Main Business
9.4.3 GE Organic Rankine Cycle System for Waste Heat Recovery Models, Specifications and Application
9.4.4 GE Organic Rankine Cycle System for Waste Heat Recovery Revenue and Gross Margin, 2018-2023
9.4.5 GE Recent Developments
9.5 Kawasaki
9.5.1 Kawasaki Company Information, Head Office, Market Area and Industry Position
9.5.2 Kawasaki Company Profile and Main Business
9.5.3 Kawasaki Organic Rankine Cycle System for Waste Heat Recovery Models, Specifications and Application
9.5.4 Kawasaki Organic Rankine Cycle System for Waste Heat Recovery Revenue and Gross Margin, 2018-2023
9.5.5 Kawasaki Recent Developments
9.6 Ormat
9.6.1 Ormat Company Information, Head Office, Market Area and Industry Position
9.6.2 Ormat Company Profile and Main Business
9.6.3 Ormat Organic Rankine Cycle System for Waste Heat Recovery Models, Specifications and Application
9.6.4 Ormat Organic Rankine Cycle System for Waste Heat Recovery Revenue and Gross Margin, 2018-2023
9.6.5 Ormat Recent Developments
9.7 Foster Wheeler
9.7.1 Foster Wheeler Company Information, Head Office, Market Area and Industry Position
9.7.2 Foster Wheeler Company Profile and Main Business
9.7.3 Foster Wheeler Organic Rankine Cycle System for Waste Heat Recovery Models, Specifications and Application
9.7.4 Foster Wheeler Organic Rankine Cycle System for Waste Heat Recovery Revenue and Gross Margin, 2018-2023
9.7.5 Foster Wheeler Recent Developments
9.8 Bosch
9.8.1 Bosch Company Information, Head Office, Market Area and Industry Position
9.8.2 Bosch Company Profile and Main Business
9.8.3 Bosch Organic Rankine Cycle System for Waste Heat Recovery Models, Specifications and Application
9.8.4 Bosch Organic Rankine Cycle System for Waste Heat Recovery Revenue and Gross Margin, 2018-2023
9.8.5 Bosch Recent Developments
9.9 Echogen Power Systems
9.9.1 Echogen Power Systems Company Information, Head Office, Market Area and Industry Position
9.9.2 Echogen Power Systems Company Profile and Main Business
9.9.3 Echogen Power Systems Organic Rankine Cycle System for Waste Heat Recovery Models, Specifications and Application
9.9.4 Echogen Power Systems Organic Rankine Cycle System for Waste Heat Recovery Revenue and Gross Margin, 2018-2023
9.9.5 Echogen Power Systems Recent Developments
9.10 EST (Wasabi)
9.10.1 EST (Wasabi) Company Information, Head Office, Market Area and Industry Position
9.10.2 EST (Wasabi) Company Profile and Main Business
9.10.3 EST (Wasabi) Organic Rankine Cycle System for Waste Heat Recovery Models, Specifications and Application
9.10.4 EST (Wasabi) Organic Rankine Cycle System for Waste Heat Recovery Revenue and Gross Margin, 2018-2023
9.10.5 EST (Wasabi) Recent Developments
9.11 Thermax
9.11.1 Thermax Company Information, Head Office, Market Area and Industry Position
9.11.2 Thermax Company Profile and Main Business
9.11.3 Thermax Organic Rankine Cycle System for Waste Heat Recovery Models, Specifications and Application
9.11.4 Thermax Organic Rankine Cycle System for Waste Heat Recovery Revenue and Gross Margin, 2018-2023
9.11.5 Thermax Recent Developments
10 Conclusion
11 Appendix
11.1 Research Methodology
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Market Estimation Model
11.4 Disclaimer
Research Methodology:
Organic Rankine Cycle System for Waste Heat Recovery Global and China Top Players Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Qualitative Analysis |
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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Total Market |
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