Organic Rankine Cycle Market, By Applications (Waste Heat Recovery, Geothermal Power Generation, Solar Thermal Power Generation, Biomass Power Generation, and Industrial Combined Heat and Power (CHP) Systems), By Capacity, By End-User, By Country, and By Region Global Industry Analysis, Market Size, Market Share & Forecast from 2025-2032
REPORT HIGHLIGHT
Organic Rankine Cycle Market size was valued at US$ 816.90 Million in 2024, expanding at a CAGR of 1.12% from 2025 to 2032.
The Organic Rankine Cycle (ORC) market revolves around a thermodynamic process that converts low-temperature heat into usable electricity. Similar to the conventional Rankine cycle, ORC systems use an organic fluid with a lower boiling point instead of water. This enables efficient power generation from waste heat sources, geothermal energy, and solar thermal energy. ORC technology is widely applied in industrial processes, waste-to-energy plants, and remote power generation. The market is driven by the increasing demand for renewable energy solutions and improved energy efficiency. Technological advancements, including the development of enhanced working fluids and optimized system designs, are further improving ORC performance and cost-effectiveness. As industries strive for sustainable energy solutions to lower carbon emissions, the ORC market is expected to experience significant growth.
Organic Rankine Cycle Market- Market Dynamics
- Utilization of Waste Heat Recovery in Industrial Processes for Energy
Waste heat recovery in industrial processes plays a crucial role in driving the Organic Rankine Cycle (ORC) market. Many energy-intensive industries, such as cement, steel, and chemical manufacturing, generate substantial amounts of waste heat, much of which remains unused. ORC systems enable the conversion of this excess heat into electricity, enhancing overall energy efficiency and reducing dependence on conventional energy sources. As industries strive to lower operational costs and minimize environmental impact, waste heat recovery has gained significant traction. According to the U.S. Department of Energy, industrial sectors have the potential to recover 20-30% of their energy through waste heat recovery systems. This growing emphasis on energy efficiency is accelerating the adoption of ORC technology in industrial applications.
Organic Rankine Cycle Market- Segmentation Analysis:
The Global Organic Rankine Cycle Market is segmented on the basis of Applications, Capacity, End-User, and Region.
The Organic Rankine Cycle (ORC) market is segmented by application into five primary categories: Waste Heat Recovery, Geothermal Power Generation, Solar Thermal Power Generation, Biomass Power Generation, and Industrial Combined Heat and Power (CHP) Systems. Among these, Waste Heat Recovery is the most significant segment, driven by a global emphasis on energy efficiency and sustainability. Industries such as cement, steel, and chemical manufacturing produce substantial waste heat, which can be converted into electricity using ORC systems. This process reduces carbon footprints and lowers energy costs by transforming otherwise wasted energy into usable power. As global regulations on energy conservation and emissions become stricter, waste heat recovery has become a crucial driver for ORC market growth, solidifying its dominance in the application segment.
In terms of capacity, the ORC market is divided into three categories: Low Capacity (up to 1 MW), Medium Capacity (1 MW to 5 MW), and High Capacity (above 5 MW). The Medium Capacity (1 MW to 5 MW) segment is the most prominent, favored for its versatility across various industries, including manufacturing, waste heat recovery, and small-scale power generation. It offers an ideal balance between energy output and cost-efficiency, making it suitable for both industrial and commercial sectors seeking sustainable energy solutions. The demand for medium-capacity ORC systems is driven by the need for affordable energy recovery in regions with moderate power requirements. As businesses and industries aim to improve energy efficiency while reducing carbon footprints, medium-capacity ORC systems are emerging as the preferred solution, reinforcing their prominence in the market.
Government initiatives and supportive policies play a significant role in promoting the adoption of ORC systems. For instance, various countries have implemented legislation encouraging the use of renewable resources and energy-saving technologies, including waste heat recovery systems. Government assistance, in the form of subsidies and tax credits, motivates businesses to adopt ORC solutions to achieve specific targets for emission reduction and fuel consumption. In the United States, the waste heat recovery systems market is projected to exceed USD 24.5 billion by 2032, driven by increasing awareness of energy efficiency and environmental sustainability, coupled with supportive government policies and technological advancements.
Organic Rankine Cycle Market- Geographical Insights
The Asia Pacific region is witnessing substantial growth in the Organic Rankine Cycle (ORC) market, driven by the increasing demand for renewable energy and energy-efficient technologies. Countries such as China, India, and Japan are actively promoting green energy solutions, including waste heat recovery and geothermal energy, which align well with ORC systems. The region’s rapidly expanding industrial sectors, particularly in manufacturing and chemicals, present significant opportunities for ORC technology adoption to convert waste heat into usable electricity. Government policies and initiatives supporting clean energy and carbon reduction are further propelling market growth. Additionally, advancements in ORC system design are making these solutions more affordable and efficient, fostering widespread adoption across various industries. China is a key player in the Organic Rankine Cycle (ORC) market, driven by its rapid industrial growth and strong focus on sustainable energy solutions. The country is heavily investing in renewable energy, with waste heat recovery being a top priority in energy-intensive industries such as steel, cement, and chemical manufacturing. Government initiatives, such as the \"13th Five-Year Plan for Ecological and Environmental Protection,\" emphasize energy efficiency and carbon reduction, further boosting ORC adoption. Additionally, China’s vast geothermal energy potential is enhancing the appeal of ORC systems for clean power generation. As the country continues its transition toward green technologies, the ORC market is expected to expand significantly in the coming years.
Organic Rankine Cycle Market- Competitive Landscape:
The Organic Rankine Cycle (ORC) market is highly competitive, with several key players driving technological advancements and global expansion. Leading companies such as Ormat Technologies and Turboden dominate the market with proven ORC systems and extensive experience in energy recovery solutions. Meanwhile, Siemens Energy and Mitsubishi Heavy Industries are expanding their presence by integrating ORC technology into renewable energy projects, while Enel Green Power focuses on leveraging ORC for geothermal applications. Smaller players like Heliex Power and Climeon are concentrating on innovative solutions to improve system efficiency and affordability, contributing to the diversification of the ORC market. As competition intensifies, companies are prioritizing product performance enhancements, cost reductions, and alignment with sustainability trends, particularly in waste heat recovery and low-carbon technologies. Partnerships, mergers, and acquisitions remain common strategies as companies seek to strengthen their market position and expand their technological capabilities.
Recent Developments:
- September 2023: Enogia, a subsidiary of the South Korean conglomerate STX, signed a technology development agreement with STX Engine. The collaboration focuses on developing and supplying a compressor for a project aimed at designing and testing an exhaust gas sequestration system for ship engines. STX Engine is globally recognized for its expertise in manufacturing marine and industrial engines.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL ORGANIC RANKINE CYCLE MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Ø Ormat Technologies, Inc.
Ø Turboden S.p.A.
Ø Siemens Energy
Ø Mitsubishi Heavy Industries, Ltd.
Ø Enel Green Power
Ø GeothermEx, Inc.
Ø Climeon AB
Ø Elliot Group
Ø Wärtsilä Corporation
Ø Phoenix Power Group
Ø MAN Energy Solutions
Ø 2G Energy AG
Ø Heliex Power Ltd.
Ø Rentech Boiler Systems, Inc.
Ø Exergy International Srl
Ø ElectraTherm
Ø Enogia
GLOBAL ORGANIC RANKINE CYCLE MARKET, BY APPLICATIONS- MARKET ANALYSIS, 2019 - 2032
Ø Waste Heat Recovery
Ø Geothermal Power Generation
Ø Solar Thermal Power Generation
Ø Biomass Power Generation
Ø Industrial Combined Heat and Power (CHP) Systems
GLOBAL ORGANIC RANKINE CYCLE MARKET, BY CAPACITY- MARKET ANALYSIS, 2019 - 2032
Ø Low Capacity (Up to 1 MW)
Ø Medium Capacity (1 MW to 5 MW)
Ø High Capacity (Above 5 MW)
GLOBAL ORGANIC RANKINE CYCLE MARKET, BY END-USER- MARKET ANALYSIS, 2019 - 2032
Ø Manufacturing
Ø Power Generation
Ø Chemical
Ø Oil & Gas
Ø Food & Beverage
Ø Others
GLOBAL ORGANIC RANKINE CYCLE MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
Ø North America
o U.S.
o Canada
Ø Europe
o Germany
o UK
o France
o Italy
o Spain
o The Netherlands
o Sweden
o Russia
o Poland
o Rest of Europe
Ø Asia Pacific
o China
o India
o Japan
o South Korea
o Australia
o Indonesia
o Thailand
o Philippines
o Rest of APAC
Ø Latin America
o Brazil
o Mexico
o Argentina
o Colombia
o Rest of LATAM
Ø The Middle East and Africa
o Saudi Arabia
o UAE
o Israel
o Turkey
o Algeria
o Egypt
o Rest of MEA
TABLE OF CONTENT
1. Organic Rankine Cycle Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Organic Rankine Cycle Market Snippet by Applications
2.1.2. Organic Rankine Cycle Market Snippet by Capacity
2.1.3. Organic Rankine Cycle Market Snippet by End-User
2.1.4. Organic Rankine Cycle Market Snippet by Country
2.1.5. Organic Rankine Cycle Market Snippet by Region
2.2. Competitive Insights
3. Organic Rankine Cycle Key Market Trends
3.1. Organic Rankine Cycle Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Organic Rankine Cycle Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Organic Rankine Cycle Market Opportunities
3.4. Organic Rankine Cycle Market Future Trends
4. Organic Rankine Cycle Industry Study
4.1. PEST Analysis
4.2. Porter’s Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Organic Rankine Cycle Market: Impact of Escalating Geopolitical Tensions
5.1. Impact of COVID-19 Pandemic
5.2. Impact of Russia-Ukraine War
5.3. Impact of Middle East Conflicts
6. Organic Rankine Cycle Market Landscape
6.1. Organic Rankine Cycle Market Share Analysis, 2024
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players’ Analysis
6.2.2. Emerging Players’ Analysis
7. Organic Rankine Cycle Market – By Applications
7.1. Overview
7.1.1. Segment Share Analysis, By Applications, 2024 & 2032 (%)
7.1.2. Waste Heat Recovery
7.1.3. Geothermal Power Generation
7.1.4. Solar Thermal Power Generation
7.1.5. Biomass Power Generation
7.1.6. Industrial Combined Heat and Power (CHP) Systems
8. Organic Rankine Cycle Market – By Capacity
8.1. Overview
8.1.1. Segment Share Analysis, By Capacity, 2024 & 2032 (%)
8.1.2. Low Capacity (Up to 1 MW)
8.1.3. Medium Capacity (1 MW to 5 MW)
8.1.4. High Capacity (Above 5 MW)
9. Organic Rankine Cycle Market – By End-User
9.1. Overview
9.1.1. Segment Share Analysis, By End-User, 2024 & 2032 (%)
9.1.2. Manufacturing
9.1.3. Power Generation
9.1.4. Chemical
9.1.5. Oil & Gas
9.1.6. Food & Beverage
9.1.7. Others
10. Organic Rankine Cycle Market– By Geography
10.1. Introduction
10.1.1. Segment Share Analysis, By Geography, 2024 & 2032 (%)
10.2. North America
10.2.1. Overview
10.2.2. Organic Rankine Cycle Key Manufacturers in North America
10.2.3. North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
10.2.4. North America Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.2.5. North America Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.2.6. North America Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.7. U.S.
10.2.7.1. Overview
10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.7.3. U.S. Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.2.7.4. U.S. Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.2.7.5. U.S. Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.8. Canada
10.2.8.1. Overview
10.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.8.3. Canada Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.2.8.4. Canada Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.2.8.5. Canada Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.3. Europe
10.3.1. Overview
10.3.2. Organic Rankine Cycle Key Manufacturers in Europe
10.3.3. Europe Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
10.3.4. Europe Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.3.5. Europe Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.3.6. Europe Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.3.7. Germany
10.3.7.1. Overview
10.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.7.3. Germany Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.3.7.4. Germany Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.3.7.5. Germany Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.3.8. UK
10.3.8.1. Overview
10.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.8.3. UK Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.3.8.4. UK Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.3.8.5. UK Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.3.9. France
10.3.9.1. Overview
10.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.9.3. France Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.3.9.4. France Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.3.9.5. France Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.3.10. Italy
10.3.10.1. Overview
10.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.10.3. Italy Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.3.10.4. Italy Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.3.10.5. Italy Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.3.11. Spain
10.3.11.1. Overview
10.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.11.3. Spain Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.3.11.4. Spain Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.3.11.5. Spain Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.3.12. The Netherlands
10.3.12.1. Overview
10.3.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.12.3. The Netherlands Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.3.12.4. The Netherlands Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.3.12.5. The Netherlands Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.3.13. Sweden
10.3.13.1. Overview
10.3.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.13.3. Sweden Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.3.13.4. Sweden Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.3.13.5. Sweden Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.3.14. Russia
10.3.14.1. Overview
10.3.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.14.3. Russia Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.3.14.4. Russia Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.3.14.5. Russia Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.3.15. Poland
10.3.15.1. Overview
10.3.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.15.3. Poland Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.3.15.4. Poland Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.3.15.5. Poland Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.3.16. Rest of Europe
10.3.16.1. Overview
10.3.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.3.16.3. Rest of the Europe Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.3.16.4. Rest of the Europe Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.3.16.5. Rest of the Europe Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.4. Asia Pacific (APAC)
10.4.1. Overview
10.4.2. Organic Rankine Cycle Key Manufacturers in Asia Pacific
10.4.3. APAC Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
10.4.4. APAC Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.4.5. APAC Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.4.6. APAC Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.4.7. China
10.4.7.1. Overview
10.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.4.7.3. China Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.4.7.4. China Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.4.7.5. China Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.4.8. India
10.4.8.1. Overview
10.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.4.8.3. India Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.4.8.4. India Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.4.8.5. India Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.4.9. Japan
10.4.9.1. Overview
10.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.4.9.3. Japan Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.4.9.4. Japan Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.4.9.5. Japan Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.4.10. South Korea
10.4.10.1. Overview
10.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.4.10.3. South Korea Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.4.10.4. South Korea Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.4.10.5. South Korea Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.4.11. Australia
10.4.11.1. Overview
10.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.4.11.3. Australia Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.4.11.4. Australia Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.4.11.5. Australia Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.4.12. Indonesia
10.4.12.1. Overview
10.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.4.12.3. Indonesia Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.4.12.4. Indonesia Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.4.12.5. Indonesia Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.4.13. Thailand
10.4.13.1. Overview
10.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.4.13.3. Thailand Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.4.13.4. Thailand Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.4.13.5. Thailand Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.4.14. Philippines
10.4.14.1. Overview
10.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.4.14.3. Philippines Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.4.14.4. Philippines Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.4.14.5. Philippines Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.4.15. Rest of APAC
10.4.15.1. Overview
10.4.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.4.15.3. Rest of APAC Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.4.15.4. Rest of APAC Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.4.15.5. Rest of APAC Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.5. Latin America (LATAM)
10.5.1. Overview
10.5.2. Organic Rankine Cycle Key Manufacturers in Latin America
10.5.3. LATAM Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
10.5.4. LATAM Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.5.5. LATAM Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.5.6. LATAM Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.5.7. Brazil
10.5.7.1. Overview
10.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.5.7.3. Brazil Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.5.7.4. Brazil Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.5.7.5. Brazil Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.5.8. Mexico
10.5.8.1. Overview
10.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.5.8.3. Mexico Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.5.8.4. Mexico Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.5.8.5. Mexico Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.5.9. Argentina
10.5.9.1. Overview
10.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.5.9.3. Argentina Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.5.9.4. Argentina Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.5.9.5. Argentina Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.5.10. Colombia
10.5.10.1. Overview
10.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.5.10.3. Colombia Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.5.10.4. Colombia Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.5.10.5. Colombia Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.5.11. Rest of LATAM
10.5.11.1. Overview
10.5.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.5.11.3. Rest of LATAM Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.5.11.4. Rest of LATAM Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.5.11.5. Rest of LATAM Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.6. Middle East and Africa (MEA)
10.6.1. Overview
10.6.2. Organic Rankine Cycle Key Manufacturers in Middle East and Africa
10.6.3. MEA Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
10.6.4. MEA Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.6.5. MEA Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.6.6. MEA Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.6.7. Saudi Arabia
10.6.7.1. Overview
10.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.6.7.3. Saudi Arabia Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.6.7.4. Saudi Arabia Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.6.7.5. Saudi Arabia Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.6.8. UAE
10.6.8.1. Overview
10.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.6.8.3. UAE Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.6.8.4. UAE Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.6.8.5. UAE Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.6.9. Israel
10.6.9.1. Overview
10.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.6.9.3. Israel Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.6.9.4. Israel Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.6.9.5. Israel Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.6.10. Turkey
10.6.10.1. Overview
10.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.6.10.3. Turkey Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.6.10.4. Turkey Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.6.10.5. Turkey Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.6.11. Algeria
10.6.11.1. Overview
10.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.6.11.3. Algeria Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.6.11.4. Algeria Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.6.11.5. Algeria Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.6.12. Egypt
10.6.12.1. Overview
10.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.6.12.3. Egypt Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.6.12.4. Egypt Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.6.12.5. Egypt Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.6.13. Rest of MEA
10.6.13.1. Overview
10.6.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.6.13.3. Rest of MEA Market Size and Forecast, By Applications, 2019 - 2032 (US$ Million)
10.6.13.4. Rest of MEA Market Size and Forecast, By Capacity, 2019 - 2032 (US$ Million)
10.6.13.5. Rest of MEA Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
11. Key Vendor Analysis- Organic Rankine Cycle Industry
11.1. Competitive Dashboard
11.1.1. Competitive Benchmarking
11.1.2. Competitive Positioning
11.2. Company Profiles
11.2.1. Ormat Technologies, Inc.
11.2.2. Turboden S.p.A.
11.2.3. Siemens Energy
11.2.4. Mitsubishi Heavy Industries, Ltd.
11.2.5. Enel Green Power
11.2.6. GeothermEx, Inc.
11.2.7. Climeon AB
11.2.8. Elliot Group
11.2.9. Wärtsilä Corporation
11.2.10. Phoenix Power Group
11.2.11. MAN Energy Solutions
11.2.12. 2G Energy AG
11.2.13. Heliex Power Ltd.
11.2.14. Rentech Boiler Systems, Inc.
11.2.15. Exergy International Srl
11.2.16. ElectraTherm
11.2.17. Enogia
12. 360 Degree Analyst View
13. Appendix
13.1. Research Methodology
13.2. References
13.3. Abbreviations
13.4. Disclaimer
13.5. Contact Us
