According to our (Global Info Research) latest study, the global Organic Rankine Cycle (ORC) Technology market size was valued at US$ 1152 million in 2025 and is forecast to a readjusted size of US$ 1676 million by 2032 with a CAGR of 5.6% during review period.
Organic Rankine Cycle (ORC) technology is a distributed power generation technology that utilizes low-boiling-point organic working fluids to replace water vapor, achieving efficient conversion of thermal energy into mechanical energy and then into electrical energy under the drive of low-temperature heat sources (such as industrial waste heat, geothermal energy, biomass combustion flue gas, and solar thermal energy) at temperatures between 80 and 300°C. It features modularity, automation, low maintenance, and environmental friendliness, and is widely used in waste heat recovery in the steel, cement, and chemical industries, as well as in renewable energy sectors. Its upstream industry chain includes suppliers of core components such as turbine expanders, heat exchangers, working fluid pumps, and condensers, as well as manufacturers of organic working fluids, high-temperature sealing materials, and control systems. The midstream consists of ORC system integrators and equipment manufacturers, who need to master thermodynamic cycle design, working fluid selection, turbine efficiency optimization, and grid connection control technologies. The downstream primarily targets high-energy-consuming industrial enterprises, geothermal power plant developers, and integrated energy service providers. Due to high technical barriers, strong project customization, and its status as clean energy equipment, the overall gross profit margin of the industry is between 30% and 50%.
This report is a detailed and comprehensive analysis for global Organic Rankine Cycle (ORC) Technology market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Organic Rankine Cycle (ORC) Technology market size and forecasts, in consumption value ($ Million), 2021-2032
Global Organic Rankine Cycle (ORC) Technology market size and forecasts by region and country, in consumption value ($ Million), 2021-2032
Global Organic Rankine Cycle (ORC) Technology market size and forecasts, by Type and by Application, in consumption value ($ Million), 2021-2032
Global Organic Rankine Cycle (ORC) Technology market shares of main players, in revenue ($ Million), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Organic Rankine Cycle (ORC) Technology
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Organic Rankine Cycle (ORC) Technology market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Turboden, Exergy ORC, MITSUBISHI HEAVY INDUSTRIES, LTD., Rank, Frigel, Alfa Laval, ENOGIA, E.ON SE, Climeon, KCORC, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Organic Rankine Cycle (ORC) Technology market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Waste Heat ORC System
Geothermal ORC System
Biomass ORC System
Solar Thermal ORC System
Market segment by Working Fluid Type
Hydrocarbon Working Fluid ORC
Siloxane Working Fluid ORC
Refrigerant Working Fluid ORC
Market segment by Application
Manufacturing & Heavy Industry
Renewable Energy Sector
Oil & Gas and Chemical Plants
Other
Market segment by players, this report covers
Turboden
Exergy ORC
MITSUBISHI HEAVY INDUSTRIES, LTD.
Rank
Frigel
Alfa Laval
ENOGIA
E.ON SE
Climeon
KCORC
Taikkiso
Market segment by regions, regional analysis covers
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 and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Organic Rankine Cycle (ORC) Technology product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Organic Rankine Cycle (ORC) Technology, with revenue, gross margin, and global market share of Organic Rankine Cycle (ORC) Technology from 2021 to 2026.
Chapter 3, the Organic Rankine Cycle (ORC) Technology competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2021 to 2032.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2021 to 2026.and Organic Rankine Cycle (ORC) Technology market forecast, by regions, by Type and by Application, with consumption value, from 2027 to 2032.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Organic Rankine Cycle (ORC) Technology.
Chapter 13, to describe Organic Rankine Cycle (ORC) Technology research findings and conclusion.
Summary:
Get latest Market Research Reports on Organic Rankine Cycle (ORC) Technology. Industry analysis & Market Report on Organic Rankine Cycle (ORC) Technology is a syndicated market report, published as Global Organic Rankine Cycle (ORC) Technology Market 2026 by Company, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Organic Rankine Cycle (ORC) Technology market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.