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有機ランキンサイクルの市場規模、市場シェア、アプリケーション分析、地域展望、成長動向、主要プレーヤー、競合戦略、予測、2023年～2031年まで

Organic Rankine Cycle Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2023 To 2031
出版日: | 発行: Acute Market Reports | ページ情報: 英文 118 Pages | 納期: 即日から翌営業日

価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=154.94円
有機ランキンサイクルの市場規模、市場シェア、アプリケーション分析、地域展望、成長動向、主要プレーヤー、競合戦略、予測、2023年～2031年まで
出版日: 2023年05月25日
発行: Acute Market Reports
ページ情報: 英文 118 Pages
納期: 即日から翌営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界の有機ランキンサイクルの市場は、ここ数年で大きな成長を遂げています。同市場は、2023年から2031年の予測期間中に10%のCAGRで成長すると予測されています。有機ランキンサイクルの（ORC）は、廃熱を使用可能な電気に変換する熱力学的プロセスであり、発電のための環境に優しいソリューションを提供します。クリーンで再生可能なエネルギー源に対する需要の増加、二酸化炭素排出量削減のための政府の取り組み、さまざまな最終用途産業におけるORCの採用率の上昇は、有機ランキンサイクルの市場の成長に寄与する主要な要因の一部です。有機ランキンサイクルの市場の主要な促進要因の1つは、クリーンエネルギー源に対する需要の高まりです。二酸化炭素の排出量や化石燃料への依存度を減らす必要性から、ORCのような再生可能エネルギー源の採用が進んでいます。ORC技術は、地熱井戸、バイオマス、排気ガスなど、さまざまなソースからの廃熱を利用することができ、効率的で費用対効果の高い発電方法を提供します。世界のいくつかの政府は、二酸化炭素排出量を削減し、クリーンなエネルギー源の採用を促進するために、さまざまな取り組みや政策を導入しています。例えば、欧州連合（EU）は、2020年までにエネルギーの20％を再生可能エネルギーで生産するという目標を掲げており、ORC技術に対する大きな需要が生まれています。一方、ORCシステムの設置費用やメンテナンス費用が高いことが、市場成長の抑制要因になる可能性があります。さらに、ORC技術に関する認知度の低さや代替技術の存在も、地域によってはORCシステムの採用を阻害する可能性があります。しかし、ORCシステムのコスト削減と効率向上のための研究開発が進んでおり、今後数年間は市場成長の機会を生み出すと期待されています。

クリーンエネルギーへの需要の高まり

クリーンエネルギーへの需要の高まりと環境問題の高まりが、有機ランキンサイクルの（ORC）市場の成長を後押ししています。ORC技術は、低温の廃熱を電気に変換するための高効率で費用対効果の高いソリューションと考えられており、さまざまな用途に使用することができます。国際エネルギー機関（IEA）の報告書によると、廃熱は産業用エネルギー消費の50％以上を占めており、ORCシステムはこの廃熱を最大80％回収できる可能性を持っています。さらに、クリーンエネルギーの推進と温室効果ガス排出量の削減を目的とした政府の取り組みも、ORC市場の成長を後押ししています。例えば、欧州連合（EU）では、エネルギー効率指令により、2030年までに32.5％の省エネを実現するという目標が設定されており、ORC技術はこの目標を達成するための重要なツールとみなされています。

地熱発電における採用の増加

地熱発電は、低コスト、高効率、低炭素であることから、普及が進んでいます。この再生可能エネルギーを利用した地熱発電に、ORC技術が広く採用されています。ORCシステムは、これまで利用できないとされていた低温の水や蒸気を利用した地熱資源からの発電が可能です。地熱発電へのORCシステムの採用が進むことで、ORC市場の成長が期待されています。例えば、国際地熱協会（IGA）によると、地熱発電の設備容量は2020年に15.4GWに達し、2025年には18.4GWに達すると予想されています。

産業用途での需要拡大

ORC技術は、廃熱回収、バイオマス発電、熱電併給（CHP）システムなど、さまざまな産業用途に広く利用されています。産業分野におけるエネルギー効率の高いソリューションに対する需要の高まりが、ORC市場の成長を後押ししています。ORCシステムは、鉄鋼生産、セメント生産、ガラス製造など、さまざまな産業プロセスから出る廃熱を回収し、発電するために使用されています。国際再生可能エネルギー機関（IRENA）の報告書によると、産業部門は世界のエネルギー消費の約37％を占めており、この部門における廃熱回収の可能性は大きいとされています。産業部門におけるエネルギー効率の高いソリューションに対する需要の高まりは、ORC市場の成長を促進すると予想されます。

高い初期投資コスト

有機ランキンサイクルの（ORC）市場の主な抑制要因の1つは、初期投資コストの高さです。ORCシステムには、タービンやエキスパンダー、ポンプ、熱交換器など、特殊な機器や技術が必要であり、設置や維持にコストがかかる場合があります。さらに、ORCシステムは複雑であるため、設計、設置、運用に熟練した経験豊富な専門家が必要であり、これも投資コスト全体を押し上げる要因となっています。例えば、国際エネルギー機関の報告書によると、ORCシステムの初期投資コストは、設置容量1kWあたり2,000～4,000ユーロであり、多くの中小企業にとって大きな投資となり得ます。さらに、高い資本コストは潜在的な投資家の市場参入を妨げ、ORC市場の成長を制限する可能性があります。しかし、近年の技術の進歩により、ORCシステムの初期コストの低減が進んでいます。例えば、モジュール化・標準化されたORCシステムの開発により、設置にかかる時間とコストが削減され、制御システムの統合により、システムの効率が向上し、メンテナンスと運用コストが削減されました。こうした進歩にもかかわらず、初期投資コストの高さがORC市場の成長にとって課題となっています。

アプリケーション別では廃熱回収セグメントが市場を席巻

有機ランキンサイクルの（ORC）市場のアプリケーション分野には、廃熱回収、バイオマス、地熱、太陽熱、石油・ガス（ガスパイプライン圧力ステーション）、廃棄物からエネルギーへの転換が含まれます。これらのアプリケーションのうち、廃熱回収セグメントは、産業廃熱からのエネルギー回収のためのORCシステムに対する需要の増加により、2022年の収益において最も高い市場シェアを占めています。廃熱回収アプリケーションセグメントは、2023年から2031年の予測期間中に最も高いCAGRで成長すると予想されます。さらに、再生可能エネルギー源の需要増加と持続可能な廃棄物管理手法の採用により、廃棄物からエネルギーへの応用分野も同期間に大きな成長が見込まれるとしています。

出力別では1～5MWe級が市場を席巻

有機ランキンサイクルの（ORC）市場は、出力容量に基づいて、1MWe未満、>1-5 MWe、>5-10 MWe、>10 MWeの4つのカテゴリーに分類することができます。地熱や廃熱回収の用途で小規模ORCシステムの需要が高まっていることから、2023年から2031年の予測期間中、≦1MWeの区分が最も高いCAGRを維持すると予想されます。これらのシステムは、低温の熱源から効率的に発電できるため、中小規模の産業で広く採用されています。バイオマス、廃熱回収、太陽熱の用途でORCシステムの設置が増加していることから、>1-5 MWeセグメントが2022年に最大の収益シェアを占めました。また、>5-10 MWeセグメントは、大規模な地熱および廃熱回収アプリケーションにおけるORCシステムの需要増加により、大きな成長が見込まれています。10MWe超セグメントは、主に地熱とバイオマス用途で設置台数が限られているため、予測期間中は緩やかな成長が見込まれています。温室効果ガス排出量の削減や再生可能エネルギー発電の増加に伴い、ORCシステムの需要はすべての出力セグメントで増加すると予想されますが、1MWe以下と1～5MWe超のセグメントで最も高い成長が見込まれます。

APACが世界の成長リーダーとして台頭

アジア太平洋地域は、電力需要の増加と持続可能なエネルギー源に対するニーズの高まりにより、予測期間中に最も高いCAGRを記録すると予想されています。アジア太平洋地域の有機ランキンサイクルの市場は、2023年から2031年の予測期間中に13.5%のCAGRで成長すると予測されます。同地域の市場成長は、政府の積極的な取り組み、再生可能エネルギーへの投資の増加、複数の主要プレイヤーの存在に起因しています。北米と欧州も、世界の有機ランキンサイクルの市場に大きく寄与しています。北米では、再生可能エネルギーへの需要の高まりと、二酸化炭素排出量削減への関心の高まりから、米国が市場を独占しています。また、欧州でもドイツ、フランス、英国などの国々が市場をリードし、大きな成長を遂げています。

市場競争は予測期間中に激化へ

世界の有機ランキンサイクルの市場は競争が激しく、細分化されており、複数の主要プレーヤーが市場で事業を展開しています。主要プレーヤーは、戦略的パートナーシップ、コラボレーション、M&Aに重点を置き、製品提供の拡大や市場での存在感を高めています。市場の主要プレイヤーの1つは、欧州とアジア太平洋地域で強い存在感を示しているTurboden S.p.A.社です。同社は、地熱、バイオマス、廃熱回収など、さまざまな用途の有機ランキンサイクルのシステムを提供しています。2020年には、新日鉄エンジニアリング株式会社と戦略的パートナーシップを結び、日本市場向けの有機ランキンサイクルの発電所を開発することを発表しています。結論として、世界の有機ランキンサイクルの市場は、再生可能エネルギーへの需要の高まりと、二酸化炭素排出量削減への注目の高まりにより、大きな成長を遂げています。市場は競争が激しく、主要企業は市場での存在感と収益を高めるために、パートナーシップ、コラボレーション、製品開発など様々な戦略を採用しています。

目次

第1章 序文

  • レポート内容
    • 報告書の目的
    • 対象読者
    • 主な提供商品
  • 市場セグメンテーション
  • 調査手法
    • フェーズⅠ-二次調査
    • フェーズⅡ-一次調査
    • フェーズⅢ-有識者別レビュー
    • 前提条件
    • 採用したアプローチ

第2章 エグゼクティブサマリー

  • 市場スナップショット：世界の有機ランキンサイクルの市場
  • アプリケーション別の世界の有機ランキンサイクルの市場 2022
  • 発電量別の世界の有機ランキンサイクルの市場 2022
  • 地域別の世界の有機ランキンサイクルの市場 2022
  • 魅力的な投資提案：地域別 2022

第3章 有機ランキンサイクルの市場：競合分析

  • 主要ベンダーの市場での位置付け
  • ベンダーが採用する戦略
  • 主要な産業戦略
  • ティア分析：2022 vs 2031

第4章 有機ランキンサイクルの市場：マクロ分析と市場力学

  • イントロダクション
  • 世界の有機ランキンサイクルの市場価値 2021-2031
  • 市場力学
    • 市場促進要因
    • 市場抑制要因
    • 主な課題
    • 主な機会
  • 促進要因と抑制要因の影響分析
  • シーソー分析

第5章 有機ランキンサイクルのアプリケーション別市場 2021-2031

  • 市場概要
  • 成長・収益分析：2022 vs 2031
  • 市場セグメンテーション
    • 廃熱回収
      • 石油精製所
      • 化学
      • ガラス
      • セメント
      • 金属の製造および鋳造（鉄鋼）
    • バイオマス
    • 地熱
    • 太陽熱
    • 石油とガス（ガスパイプライン圧力ステーション）
    • 廃棄物をエネルギーに

第6章 有機ランキンサイクルの発電量別市場 2021-2031

  • 市場概要
  • 成長・収益分析：2022 vs 2031
  • 市場セグメンテーション
    • ≤1MWe
    • >1-5 MWe
    • >5-10 MWe
    • >10MWe

第7章 北米有機ランキンサイクルの市場 2021-2031

  • 市場概要
  • 有機ランキンサイクルのアプリケーション別市場 2021-2031
  • 有機ランキンサイクルの発電量別市場 2021-2031
  • 有機ランキンサイクルの地域別市場 2021-2031
    • 北米
      • 米国
      • カナダ
      • その他北米地域

第8章 英国およびEU有機ランキンサイクルの市場 2021-2031

  • 市場概要
  • 有機ランキンサイクルのアプリケーション別市場 2021-2031
  • 有機ランキンサイクルの発電量別市場 2021-2031
  • 有機ランキンサイクルの地域別市場 2021-2031
    • 英国と欧州連合
      • 英国
      • ドイツ
      • スペイン
      • イタリア
      • フランス
      • その他欧州地域

第9章 アジア太平洋有機ランキンサイクルの市場 2021-2031

  • 市場概要
  • 有機ランキンサイクルのアプリケーション別市場 2021-2031
  • 有機ランキンサイクルの発電量別市場 2021-2031
  • 有機ランキンサイクルの地域別市場 2021-2031
    • アジア太平洋
      • 中国
      • 日本
      • インド
      • オーストラリア
      • 韓国
      • その他アジア太平洋地域

第10章 ラテンアメリカ有機ランキンサイクルの市場 2021-2031

  • 市場概要
  • 有機ランキンサイクルのアプリケーション別市場 2021-2031
  • 有機ランキンサイクルの発電量別市場 2021-2031
  • 有機ランキンサイクルの地域別市場 2021-2031
    • ラテンアメリカ
      • ブラジル
      • メキシコ
      • その他ラテンアメリカ地域

第11章 中東およびアフリカ有機ランキンサイクルの市場 2021-2031

  • 市場概要
  • 有機ランキンサイクルのアプリケーション別市場 2021-2031
  • 有機ランキンサイクルの発電量別市場 2021-2031
  • 有機ランキンサイクルの地域別市場 2021-2031
    • 中東・アフリカ
      • GCC
      • アフリカ
      • その他中東・アフリカ地域

第12章 企業プロファイル

  • Turboden S.p.A.
  • Nippon Steel Engineering Co. Ltd.
  • Exergy International S.r.l
  • Zhejiang Kaishan Compressor Co. Ltd.
  • Enogia
  • Triogen
  • Calnetix Technologies LLC
  • ABB Atlas Copco AB
  • TAS Energy Inc.
  • Elvosolar a.s.
  • General Electric
  • INTEC GMK
  • SUMEC GEOPOWER AG
  • ORCAN ENERGY AG
  • その他の注目企業
図表

List of Tables

  • TABLE 1 Global Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 2 Global Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 3 Global Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 4 North America Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 5 North America Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 6 North America Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 7 U.S. Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 8 U.S. Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 9 U.S. Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 10 Canada Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 11 Canada Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 12 Canada Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 13 Rest of North America Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 14 Rest of North America Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 15 Rest of North America Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 16 UK and European Union Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 17 UK and European Union Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 18 UK and European Union Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 19 UK Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 20 UK Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 21 UK Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 22 Germany Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 23 Germany Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 24 Germany Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 25 Spain Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 26 Spain Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 27 Spain Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 28 Italy Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 29 Italy Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 30 Italy Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 31 France Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 32 France Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 33 France Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 34 Rest of Europe Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 35 Rest of Europe Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 36 Rest of Europe Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 37 Asia Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 38 Asia Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 39 Asia Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 40 China Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 41 China Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 42 China Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 43 Japan Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 44 Japan Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 45 Japan Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 46 India Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 47 India Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 48 India Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 49 Australia Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 50 Australia Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 51 Australia Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 52 South Korea Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 53 South Korea Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 54 South Korea Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 55 Latin America Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 56 Latin America Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 57 Latin America Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 58 Brazil Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 59 Brazil Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 60 Brazil Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 61 Mexico Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 62 Mexico Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 63 Mexico Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 64 Rest of Latin America Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 65 Rest of Latin America Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 66 Rest of Latin America Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 67 Middle East and Africa Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 68 Middle East and Africa Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 69 Middle East and Africa Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 70 GCC Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 71 GCC Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 72 GCC Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 73 Africa Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 74 Africa Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 75 Africa Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)
  • TABLE 76 Rest of Middle East and Africa Organic Rankine Cycle Market By Application, 2021-2031, USD (Million)
  • TABLE 77 Rest of Middle East and Africa Organic Rankine Cycle Market By Waste Heat Recovery, 2021-2031, USD (Million)
  • TABLE 78 Rest of Middle East and Africa Organic Rankine Cycle Market By Power Output, 2021-2031, USD (Million)

List of Figures

  • FIG. 1 Global Organic Rankine Cycle Market: Market Coverage
  • FIG. 2 Research Methodology and Data Sources
  • FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
  • FIG. 4 Global Organic Rankine Cycle Market: Quality Assurance
  • FIG. 5 Global Organic Rankine Cycle Market, By Application, 2022
  • FIG. 6 Global Organic Rankine Cycle Market, By Power Output, 2022
  • FIG. 7 Global Organic Rankine Cycle Market, By Geography, 2022
  • FIG. 8 Market Geographical Opportunity Matrix - Global Organic Rankine Cycle Market, 2022
  • FIG. 9 Market Positioning of Key Organic Rankine Cycle Market Players, 2022
  • FIG. 10 Global Organic Rankine Cycle Market - Tier Analysis - Percentage of Revenues by Tier Level, 2022 Versus 2031
  • FIG. 11 Global Organic Rankine Cycle Market, By Application, 2022 Vs 2031, %
  • FIG. 12 Global Organic Rankine Cycle Market, By Power Output, 2022 Vs 2031, %
  • FIG. 13 U.S. Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 14 Canada Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 15 Rest of North America Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 16 UK Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 17 Germany Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 18 Spain Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 19 Italy Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 20 France Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 21 Rest of Europe Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 22 China Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 23 Japan Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 24 India Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 25 Australia Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 26 South Korea Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 27 Rest of Asia Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 28 Brazil Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 29 Mexico Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 30 Rest of Latin America Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 31 GCC Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 32 Africa Organic Rankine Cycle Market (US$ Million), 2021 - 2031
  • FIG. 33 Rest of Middle East and Africa Organic Rankine Cycle Market (US$ Million), 2021 - 2031
目次
Product Code: 139589-05-23

The global organic Rankine cycle market has been witnessing significant growth over the years. The market is expected to grow at a CAGR of 10% during the forecast period of 2023 to 2031. The organic Rankine cycle (ORC) is a thermodynamic process that converts waste heat into usable electricity, providing an eco-friendly solution for power generation. The increasing demand for clean and renewable energy sources, government initiatives to reduce carbon emissions, and the rising adoption of ORC in various end-use industries are some of the key drivers contributing to the growth of the organic Rankine cycle market. One of the major drivers for the organic Rankine cycle market is the growing demand for clean energy sources. The need to reduce carbon emissions and dependence on fossil fuels has led to the adoption of renewable energy sources such as ORC. The ORC technology can harness waste heat from various sources like geothermal wells, biomass, and exhaust gases, providing an efficient and cost-effective way to generate power. Several governments worldwide are introducing various initiatives and policies to reduce carbon emissions and promote the adoption of clean energy sources. For instance, the European Union has set a target of producing 20% of its energy from renewable sources by 2020, creating a significant demand for ORC technology. In contrast, the high installation and maintenance costs of ORC systems could act as a restraint for market growth. Additionally, the lack of awareness about ORC technology and the availability of alternative technologies could also hinder the adoption of ORC systems in some regions. Nevertheless, ongoing research and development activities to reduce the cost and enhance the efficiency of ORC systems are expected to create opportunities for market growth in the coming years.

Increasing Demand for Clean Energy

The increasing demand for clean energy and rising environmental concerns are driving the growth of the organic Rankine cycle (ORC) market. The ORC technology is considered a highly efficient and cost-effective solution for converting low-temperature waste heat into electricity, which can be used for various applications. As per the International Energy Agency (IEA) report, waste heat accounts for more than 50% of industrial energy consumption, and ORC systems have the potential to recover up to 80% of this waste heat. Furthermore, government initiatives to promote clean energy and reduce greenhouse gas emissions are also supporting the growth of the ORC market. For instance, in the European Union, the Energy Efficiency Directive has set a target of 32.5% energy savings by 2030, and ORC technology is seen as an important tool to achieve this target.

Increasing Adoption in Geothermal Power Generation

Geothermal energy is becoming increasingly popular due to its low cost, high efficiency, and low carbon emissions. The ORC technology is being widely adopted in geothermal power generation to harness this renewable energy source. The ORC system is capable of generating electricity from geothermal resources with low-temperature water or steam, which was previously considered unusable. The increasing adoption of ORC systems in geothermal power generation is expected to drive the growth of the ORC market. For instance, according to the International Geothermal Association (IGA), the installed capacity of geothermal power generation reached 15.4 GW in 2020, and it is expected to reach 18.4 GW by 2025.

Growing Demand from Industrial Applications

ORC technology is being widely used in various industrial applications such as waste heat recovery, biomass power generation, and combined heat and power (CHP) systems. The growing demand for energy-efficient solutions in the industrial sector is driving the growth of the ORC market. ORC systems are being used to recover waste heat from various industrial processes, such as steel production, cement production, and glass manufacturing, to generate electricity. According to a report by the International Renewable Energy Agency (IRENA), the industrial sector is responsible for approximately 37% of global energy consumption, and the potential for waste heat recovery in this sector is significant. The increasing demand for energy-efficient solutions in the industrial sector is expected to drive the growth of the ORC market.

High Initial Investment Costs

One of the main restraints for the organic Rankine cycle (ORC) market is the high initial investment costs. The ORC systems require specialized equipment and technology, such as a turbine or an expander, a pump, and a heat exchanger, among others, which can be costly to install and maintain. Additionally, the complexity of the ORC systems requires skilled and experienced professionals to design, install and operate them, which also adds to the overall investment cost. For instance, according to a report by the International Energy Agency, the initial investment cost of an ORC system ranges from €2,000 to €4,000 per kW of installed capacity, which can be a significant investment for many small and medium-sized enterprises. Furthermore, high capital costs may deter potential investors from entering the market and could limit the growth of the ORC market. However, recent advancements in technology have helped to reduce the initial costs of ORC systems. For example, the development of modular and standardized ORC systems has reduced installation time and costs, and the integration of control systems has increased the efficiency of the systems, reducing maintenance and operating costs. Despite these advancements, high initial investment costs remain a challenge for the growth of the ORC market.

Waste Heat Recovery Segment Dominating the Market by Application

The application segment of the organic Rankine cycle (ORC) market includes waste heat recovery, biomass, geothermal, solar thermal, oil & gas (gas pipeline pressure stations), and waste to energy. Among these applications, the waste heat recovery segment held the highest market share in revenue in 2022 due to the increasing demand for ORC systems for energy recovery from industrial waste heat. The waste heat recovery application segment is expected to grow at the highest CAGR during the forecast period of 2023-2031. The report further indicates that the waste-to-energy application segment is also expected to witness significant growth during the same period, driven by the increasing demand for renewable energy sources and the adoption of sustainable waste management practices.

The > 1 - 5 MWe Segment Dominating the Market by Power Output

The organic Rankine cycle (ORC) market can be segmented based on power output capacity, with four categories: ≤ 1 MWe, > 1 - 5 MWe, > 5 - 10 MWe, and > 10 MWe. The ≤ 1 MWe segment is expected to hold the highest CAGR during the forecast period of 2023 to 2031 due to the increasing demand for small-scale ORC systems in the geothermal and waste heat recovery applications. These systems are being widely adopted by small and medium-scale industries, as they provide an efficient way to generate power from low-temperature heat sources. The > 1 - 5 MWe segment held the largest revenue share in 2022 due to the increasing installation of ORC systems in biomass, waste heat recovery, and solar thermal applications. The > 5 - 10 MWe segment is also expected to witness significant growth due to the increasing demand for ORC systems in large-scale geothermal and waste heat recovery applications. The > 10 MWe segment is expected to witness moderate growth during the forecast period due to the limited number of installations in this category, mainly in the geothermal and biomass applications. With the increasing focus on reducing greenhouse gas emissions and increasing renewable energy generation, the demand for ORC systems is expected to increase in all power output segments, with the highest growth expected in the ≤ 1 MWe and > 1 - 5 MWe segments.

APAC Emerges as the Global Growth Leader

The Asia-Pacific region is expected to witness the highest CAGR during the forecast period owing to the increasing demand for electricity and the rising need for sustainable energy sources. The Asia-Pacific organic Rankine cycle market is projected to grow at a CAGR of 13.5% during the forecast period of 2023 to 2031. The region's market growth can be attributed to favorable government initiatives, increasing investments in renewable energy, and the presence of several key players. North America and Europe are also significant contributors to the global organic Rankine cycle market. In North America, the United States dominates the market due to the increasing demand for renewable energy sources and the rising focus on reducing carbon emissions. Europe is also witnessing significant growth, with countries like Germany, France, and the United Kingdom leading the market.

Market Competition to Intensify During the Forecast Period

The global organic Rankine cycle market is highly competitive and fragmented, with several key players operating in the market. The major players are focused on strategic partnerships, collaborations, and mergers and acquisitions to expand their product offerings and increase their market presence. One of the key players in the market is Turboden S.p.A., which has a strong presence in Europe and Asia-Pacific regions. The company offers a range of organic Rankine cycle systems for various applications, including geothermal, biomass, and waste heat recovery. In 2020, the company announced a strategic partnership with Nippon Steel Engineering Co., Ltd. to develop organic Rankine cycle power plants for the Japanese market. In conclusion, the global organic Rankine cycle market is witnessing significant growth due to the increasing demand for renewable energy sources and the rising focus on reducing carbon emissions. The market is highly competitive, with key players adopting various strategies such as partnerships, collaborations, and product development to increase their market presence and revenue.

Historical & Forecast Period

This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Organic Rankine Cycle market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.

Geographical revenues generate by countries considered in the report:

Micro and macro environment factors that are currently influencing the Organic Rankine Cycle market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Application

  • Waste Heat Recovery
  • Petroleum Refinery
  • Chemical
  • Glass
  • Cement
  • Metal Production and Casting (Iron & Steel)
  • Biomass
  • Geothermal
  • Solar Thermal
  • Oil & Gas (Gas Pipeline Pressure Stations)
  • Waste to Energy

Power Output

  • ≤ 1 MWe
  • > 1 - 5 MWe
  • > 5 - 10 MWe
  • > 10 MWe

Region Segment (2021-2031; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report:

  • What are the key micro and macro environmental factors that are impacting the growth of Organic Rankine Cycle market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2031.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Organic Rankine Cycle market?
  • Which is the largest regional market for Organic Rankine Cycle market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Organic Rankine Cycle market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Organic Rankine Cycle market worldwide?

Table of Contents

1. Preface

  • 1.1. Report Description
    • 1.1.1. Purpose of the Report
    • 1.1.2. Target Audience
    • 1.1.3. Key Offerings
  • 1.2. Market Segmentation
  • 1.3. Research Methodology
    • 1.3.1. Phase I - Secondary Research
    • 1.3.2. Phase II - Primary Research
    • 1.3.3. Phase III - Expert Panel Review
    • 1.3.4. Assumptions
    • 1.3.5. Approach Adopted

2. Executive Summary

  • 2.1. Market Snapshot: Global Organic Rankine Cycle Market
  • 2.2. Global Organic Rankine Cycle Market, By Application, 2022 (US$ Million)
  • 2.3. Global Organic Rankine Cycle Market, By Power Output, 2022 (US$ Million)
  • 2.4. Global Organic Rankine Cycle Market, By Geography, 2022 (US$ Million)
  • 2.5. Attractive Investment Proposition by Geography, 2022

3. Organic Rankine Cycle Market: Competitive Analysis

  • 3.1. Market Positioning of Key Organic Rankine Cycle Market Vendors
  • 3.2. Strategies Adopted by Organic Rankine Cycle Market Vendors
  • 3.3. Key Industry Strategies
  • 3.4. Tier Analysis 2022 Versus 2031

4. Organic Rankine Cycle Market: Macro Analysis & Market Dynamics

  • 4.1. Introduction
  • 4.2. Global Organic Rankine Cycle Market Value, 2021 - 2031, (US$ Million)
  • 4.3. Market Dynamics
    • 4.3.1. Market Drivers
    • 4.3.2. Market Restraints
    • 4.3.3. Key Challenges
    • 4.3.4. Key Opportunities
  • 4.4. Impact Analysis of Drivers and Restraints
  • 4.5. See-Saw Analysis

5. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)

  • 5.1. Market Overview
  • 5.2. Growth & Revenue Analysis: 2022 Versus 2031
  • 5.3. Market Segmentation
    • 5.3.1. Waste Heat Recovery
      • 5.3.1.1. Petroleum Refinery
      • 5.3.1.2. Chemical
      • 5.3.1.3. Glass
      • 5.3.1.4. Cement
      • 5.3.1.5. Metal Production and Casting (Iron & Steel)
    • 5.3.2. Biomass
    • 5.3.3. Geothermal
    • 5.3.4. Solar Thermal
    • 5.3.5. Oil & Gas (Gas Pipeline Pressure Stations)
    • 5.3.6. Waste to Energy

6. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)

  • 6.1. Market Overview
  • 6.2. Growth & Revenue Analysis: 2022 Versus 2031
  • 6.3. Market Segmentation
    • 6.3.1. ≤ 1 MWe
    • 6.3.2. > 1 - 5 MWe
    • 6.3.3. > 5 - 10 MWe
    • 6.3.4. > 10 MWe

7. North America Organic Rankine Cycle Market, 2021-2031, USD (Million)

  • 7.1. Market Overview
  • 7.2. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
  • 7.3. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
  • 7.4.Organic Rankine Cycle Market: By Region, 2021-2031, USD (Million)
    • 7.4.1.North America
      • 7.4.1.1. U.S.
        • 7.4.1.1.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 7.4.1.1.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
      • 7.4.1.2. Canada
        • 7.4.1.2.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 7.4.1.2.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
      • 7.4.1.3. Rest of North America
        • 7.4.1.3.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 7.4.1.3.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)

8. UK and European Union Organic Rankine Cycle Market, 2021-2031, USD (Million)

  • 8.1. Market Overview
  • 8.2. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
  • 8.3. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
  • 8.4.Organic Rankine Cycle Market: By Region, 2021-2031, USD (Million)
    • 8.4.1.UK and European Union
      • 8.4.1.1. UK
        • 8.4.1.1.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 8.4.1.1.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
      • 8.4.1.2. Germany
        • 8.4.1.2.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 8.4.1.2.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
      • 8.4.1.3. Spain
        • 8.4.1.3.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 8.4.1.3.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
      • 8.4.1.4. Italy
        • 8.4.1.4.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 8.4.1.4.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
      • 8.4.1.5. France
        • 8.4.1.5.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 8.4.1.5.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
      • 8.4.1.6. Rest of Europe
        • 8.4.1.6.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 8.4.1.6.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)

9. Asia Pacific Organic Rankine Cycle Market, 2021-2031, USD (Million)

  • 9.1. Market Overview
  • 9.2. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
  • 9.3. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
  • 9.4.Organic Rankine Cycle Market: By Region, 2021-2031, USD (Million)
    • 9.4.1.Asia Pacific
      • 9.4.1.1. China
        • 9.4.1.1.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 9.4.1.1.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
      • 9.4.1.2. Japan
        • 9.4.1.2.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 9.4.1.2.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
      • 9.4.1.3. India
        • 9.4.1.3.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 9.4.1.3.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
      • 9.4.1.4. Australia
        • 9.4.1.4.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 9.4.1.4.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
      • 9.4.1.5. South Korea
        • 9.4.1.5.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 9.4.1.5.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
      • 9.4.1.6. Rest of Asia Pacific
        • 9.4.1.6.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 9.4.1.6.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)

10. Latin America Organic Rankine Cycle Market, 2021-2031, USD (Million)

  • 10.1. Market Overview
  • 10.2. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
  • 10.3. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
  • 10.4.Organic Rankine Cycle Market: By Region, 2021-2031, USD (Million)
    • 10.4.1.Latin America
      • 10.4.1.1. Brazil
        • 10.4.1.1.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 10.4.1.1.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
      • 10.4.1.2. Mexico
        • 10.4.1.2.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 10.4.1.2.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
      • 10.4.1.3. Rest of Latin America
        • 10.4.1.3.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 10.4.1.3.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)

11. Middle East and Africa Organic Rankine Cycle Market, 2021-2031, USD (Million)

  • 11.1. Market Overview
  • 11.2. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
  • 11.3. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
  • 11.4.Organic Rankine Cycle Market: By Region, 2021-2031, USD (Million)
    • 11.4.1.Middle East and Africa
      • 11.4.1.1. GCC
        • 11.4.1.1.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 11.4.1.1.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
      • 11.4.1.2. Africa
        • 11.4.1.2.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 11.4.1.2.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)
      • 11.4.1.3. Rest of Middle East and Africa
        • 11.4.1.3.1. Organic Rankine Cycle Market: By Application, 2021-2031, USD (Million)
        • 11.4.1.3.1. Organic Rankine Cycle Market: By Power Output, 2021-2031, USD (Million)

12. Company Profile

  • 12.1. Turboden S.p.A.
    • 12.1.1. Company Overview
    • 12.1.2. Financial Performance
    • 12.1.3. Product Portfolio
    • 12.1.4. Strategic Initiatives
  • 12.2. Nippon Steel Engineering Co., Ltd.
    • 12.2.1. Company Overview
    • 12.2.2. Financial Performance
    • 12.2.3. Product Portfolio
    • 12.2.4. Strategic Initiatives
  • 12.3. Exergy International S.r.l
    • 12.3.1. Company Overview
    • 12.3.2. Financial Performance
    • 12.3.3. Product Portfolio
    • 12.3.4. Strategic Initiatives
  • 12.4. Zhejiang Kaishan Compressor Co., Ltd.
    • 12.4.1. Company Overview
    • 12.4.2. Financial Performance
    • 12.4.3. Product Portfolio
    • 12.4.4. Strategic Initiatives
  • 12.5. Enogia
    • 12.5.1. Company Overview
    • 12.5.2. Financial Performance
    • 12.5.3. Product Portfolio
    • 12.5.4. Strategic Initiatives
  • 12.6. Triogen
    • 12.6.1. Company Overview
    • 12.6.2. Financial Performance
    • 12.6.3. Product Portfolio
    • 12.6.4. Strategic Initiatives
  • 12.7. Calnetix Technologies, LLC
    • 12.7.1. Company Overview
    • 12.7.2. Financial Performance
    • 12.7.3. Product Portfolio
    • 12.7.4. Strategic Initiatives
  • 12.8. ABB, Atlas Copco AB
    • 12.8.1. Company Overview
    • 12.8.2. Financial Performance
    • 12.8.3. Product Portfolio
    • 12.8.4. Strategic Initiatives
  • 12.9. TAS Energy Inc.
    • 12.9.1. Company Overview
    • 12.9.2. Financial Performance
    • 12.9.3. Product Portfolio
    • 12.9.4. Strategic Initiatives
  • 12.10. Elvosolar, a.s.
    • 12.10.1. Company Overview
    • 12.10.2. Financial Performance
    • 12.10.3. Product Portfolio
    • 12.10.4. Strategic Initiatives
  • 12.11. General Electric
    • 12.11.1. Company Overview
    • 12.11.2. Financial Performance
    • 12.11.3. Product Portfolio
    • 12.11.4. Strategic Initiatives
  • 12.12. INTEC GMK
    • 12.12.1. Company Overview
    • 12.12.2. Financial Performance
    • 12.12.3. Product Portfolio
    • 12.12.4. Strategic Initiatives
  • 12.13. SUMEC GEOPOWER AG
    • 12.13.1. Company Overview
    • 12.13.2. Financial Performance
    • 12.13.3. Product Portfolio
    • 12.13.4. Strategic Initiatives
  • 12.14. ORCAN ENERGY AG
    • 12.14.1. Company Overview
    • 12.14.2. Financial Performance
    • 12.14.3. Product Portfolio
    • 12.14.4. Strategic Initiatives
  • 12.15. Other Notable Players
    • 12.15.1. Company Overview
    • 12.15.2. Financial Performance
    • 12.15.3. Product Portfolio
    • 12.15.4. Strategic Initiatives