Organic Rankine Cycle Market Size Worth $954.1 Million by 2025 | CAGR: 9.71%: Grand View Research, Inc.
Further, increase in awareness on energy efficiency in industrial sector is expected to drive the organic rankine cycle (ORC) further.
- Further, increase in awareness on energy efficiency in industrial sector is expected to drive the organic rankine cycle (ORC) further.
- This factor is driving the ORC market as it is being utilized for applications for renewable power generation technologies such as geothermal, biomass, and concentrated solar power.
- Due to which organic rankine cycle technology can generate a similar amount of power from the heat source at comparatively less temperature as compared to water.
- Grand View Research has segmented the global organic rankine cycle market based on application and region:
Organic Rankine Cycle Application Outlook (Revenue, USD Million, 2014 - 2025)