PUBLISHER: The Business Research Company | PRODUCT CODE: 1966414
PUBLISHER: The Business Research Company | PRODUCT CODE: 1966414
Organic rankine cycle (ORC) waste heat to power refers to a technology that captures low- to medium-temperature waste heat and converts it into electricity using an organic working fluid. It improves energy efficiency in industrial and renewable energy applications by utilizing heat that would otherwise be lost.
The primary models in the organic rankine cycle (ORC) waste heat to power are steady-state and dynamic. A steady-state model represents system operation under constant conditions, where variables such as temperature, pressure, and flow remain unchanged over time. The various technologies include organic rankine cycle (ORC), Kalina cycle, steam rankine cycle, and combined heat and power (CHP) systems with multiple power output capacities that are categorized as <=1 megawatt electrical (MWe), >1-5 MWe, >5-10 MWe, and >10 MWe. The different applications involved are internal combustion engines (ICEs) or gas turbines, waste-to-energy facilities, metal production, the cement and lime industry, the glass industry, petroleum refining, the chemical sector, and landfill ICE, and they are used by several end-use industries such as manufacturing and industrial sectors, energy generation and utilities, chemical and petrochemical industries, food and beverage production, and automotive industry.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the ORC waste heat to power market by increasing costs of imported turbines, heat exchangers, generators, control systems, and specialized materials used in ORC installations. Industrial users in North America and Europe are most affected due to dependence on imported high-efficiency components, while Asia-Pacific faces cost pressure on ORC system exports. These tariffs are increasing project costs and lengthening payback periods. However, they are also encouraging domestic manufacturing of ORC components, regional system integration capabilities, and localized engineering support for waste heat recovery projects.
The organic rankine cycle (orc) waste heat to power market research report is one of a series of new reports from The Business Research Company that provides organic rankine cycle (orc) waste heat to power market statistics, including organic rankine cycle (orc) waste heat to power industry global market size, regional shares, competitors with a organic rankine cycle (orc) waste heat to power market share, detailed organic rankine cycle (orc) waste heat to power market segments, market trends and opportunities, and any further data you may need to thrive in the organic rankine cycle (orc) waste heat to power industry. This organic rankine cycle (orc) waste heat to power market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The organic rankine cycle (orc) waste heat to power market size has grown rapidly in recent years. It will grow from $3.64 billion in 2025 to $4.2 billion in 2026 at a compound annual growth rate (CAGR) of 15.2%. The growth in the historic period can be attributed to increasing industrial energy consumption, availability of recoverable waste heat streams, early adoption of combined heat and power systems, rising fuel cost pressures, improvements in organic working fluid technologies.
The organic rankine cycle (orc) waste heat to power market size is expected to see rapid growth in the next few years. It will grow to $7.32 billion in 2030 at a compound annual growth rate (CAGR) of 14.9%. The growth in the forecast period can be attributed to increasing demand for energy efficiency optimization, rising investments in decarbonization technologies, expansion of industrial electrification initiatives, growing adoption of distributed power generation, increasing focus on circular energy utilization. Major trends in the forecast period include increasing adoption of waste heat recovery systems, rising deployment of orc units in industrial plants, growing integration of orc with renewable energy sources, expansion of modular and scalable orc solutions, enhanced focus on low-temperature heat utilization.
The increasing adoption of renewable energy sources is expected to drive the growth of the organic Rankine cycle (ORC) waste heat to power market in the coming years. Renewable energy sources, such as sunlight, wind, and geothermal heat, are naturally replenished and provide sustainable, clean power without harming the environment. The rise in renewable energy use is mainly due to the global demand for clean and sustainable alternatives to fossil fuels to address climate change. ORC waste heat to power technology supports renewable energy by efficiently converting low-grade heat from industrial or geothermal processes into electricity, thereby enhancing energy recovery and sustainability. For example, in February 2025, the World Resources Institute, a US-based non-profit, reported that solar energy set a new record in 2024 by adding approximately 39.6 gigawatts (GW) of capacity, surpassing the 27.4 GW installed in 2023. Thus, the growing adoption of renewable energy sources is fueling the growth of the ORC waste heat to power market.
Major companies operating in the organic Rankine cycle (ORC) waste heat to power market are concentrating on developing advanced low-temperature waste heat conversion technologies to improve cost efficiency and reduce carbon emissions. Low-temperature waste heat conversion refers to technology that allows the production of clean electricity from thermal energy at lower temperature levels than conventional systems, ensuring energy that would otherwise go unused is transformed into productive power. For example, in March 2023, Durr Group, a Germany-based company, introduced the Cyplan ORC 70 NT module featuring a proven ORC circuit principle that converts waste heat into clean electricity from temperatures as low as 85 °C, making clean power generation economical even at lower heat levels. The system incorporates reliable standard components for rapid deployment and offers a plug-and-play solution for seamless integration into customer systems with a maximum gross output of 70 kWe. It operates reliably at high ambient temperatures and helps reduce energy costs while lowering CO2 emissions. The first installation at an agricultural machinery manufacturer has enhanced the carbon footprint and stabilized process management by utilizing heat peaks so that the combined heat and power unit functions at high efficiency.
In October 2023, BITZER SE, a Germany-based manufacturing company, acquired BPOWER for an undisclosed amount. Through this acquisition, BITZER aimed to strengthen its capabilities in waste heat utilization and green energy by incorporating Organic Rankine Cycle (ORC) systems into its product lineup to improve energy-efficiency solutions and advance decarbonization initiatives. BPOWER a. s., based in the Czech Republic, is an engineering company specializing in providing Organic Rankine Cycle (ORC) solutions and services for harnessing waste heat, heat recovery, and power generation from biomass, including system planning, project engineering, installation, and customer support.
Major companies operating in the organic rankine cycle (orc) waste heat to power market are General Electric Power, Siemens Energy AG, Mitsubishi Heavy Industries Ltd., Baker Hughes Company, Atlas Copco AB, GEA Group AG, Alfa Laval AB, Durr Cyplan GmbH, Ormat Technologies Inc., Exergy S.p.A, GMK Energy Co. Ltd., Turboden S.p.A, ElectraTherm Inc., Calnetix Technologies LLC, Orcan Energy AG, Enogia Societe Anonyme, Infinity Turbine LLC, Triogen B.V., Enertime S.A., Zuccato Energia S.r.l., Kaishan ORC Energy Equipment Co. Ltd.
North America was the largest region in the organic rankine cycle (ORC) waste heat to power market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the organic rankine cycle (orc) waste heat to power market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the organic rankine cycle (orc) waste heat to power market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The organic rankine cycle (ORC) waste heat to power market consists of revenues earned by entities by providing services such as system design and engineering, equipment manufacturing, installation, maintenance, and performance optimization. The market value includes the value of related goods sold by the service provider or included within the service offering. The organic rankine cycle (ORC) waste heat to power market also includes sales of pumps and feed systems, condensers, generators, skid-mounted ORC modules, bypass and safety systems, and retrofit kits. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Organic Rankine Cycle (ORC) Waste Heat To Power Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses organic rankine cycle (orc) waste heat to power market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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