Product Code: ETC6187119 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market is seeing a rise in demand as industries seek more efficient ways to harness waste heat and convert it into usable power. ORC technology, which utilizes low-grade waste heat from industrial processes, is gaining popularity due to its ability to improve energy efficiency and reduce operational costs. Industries such as cement, steel, and chemical manufacturing are among the key users of ORC systems for waste heat recovery. The market is further supported by government policies encouraging energy efficiency and the adoption of renewable energy solutions. As Australia focuses on reducing greenhouse gas emissions and promoting sustainable industrial practices, the ORC waste heat to power market is positioned for significant growth.
The Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market is gaining momentum, driven by the increasing need for energy efficiency and sustainability in industrial sectors. ORC systems, which convert waste heat into electricity, offer a promising solution to reduce energy consumption and improve resource efficiency. With growing regulatory pressure on industries to reduce their environmental impact, the adoption of ORC systems for waste heat recovery is on the rise. Industries such as manufacturing, mining, and waste management are investing in ORC technology to harness untapped heat energy. The market`s growth is also fueled by Australia push towards clean energy solutions, making waste heat to power technologies more attractive for businesses seeking sustainable operations.
The challenges in the Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market are largely tied to technological limitations and high installation costs. While ORC systems can convert waste heat into electricity, their efficiency and output are often dependent on the temperature and quality of the waste heat. This can make ORC systems less effective in some industrial environments. Furthermore, businesses are often hesitant to invest in ORC technology due to the high upfront costs and the long payback period. The market also faces competition from other waste heat recovery technologies that may offer lower costs or better scalability.
The Australia Organic Rankine Cycle ORC Waste Heat to Power Market is set for expansion as industries seek ways to improve energy efficiency and reduce environmental impact. ORC technology is ideal for capturing low-temperature waste heat and converting it into electricity, offering a solution for industries such as manufacturing, mining, and waste treatment. With Australia increasing focus on reducing carbon emissions and promoting green energy solutions, there is ample opportunity for investment in ORC waste heat recovery systems. Companies involved in designing, producing, and installing ORC systems for industrial applications can leverage this growing trend to contribute to sustainable energy solutions while benefiting from the market`s expansion.
The government of Australia is heavily invested in promoting energy efficiency and the reduction of carbon emissions, which benefits the market for Organic Rankine Cycle (ORC) waste heat to power systems. Policies such as the Renewable Energy Target (RET) and support from the Clean Energy Finance Corporation (CEFC) have created a favorable environment for technologies that can convert waste heat into usable power. The Australia government is committed to funding projects that improve the efficiency of industrial processes and reduce reliance on fossil fuels. Additionally, regulations around industrial emissions and energy consumption standards provide an incentive for businesses to adopt ORC waste heat recovery systems. This, combined with the governments focus on advancing renewable energy solutions, has driven growth in the ORC waste heat to power market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market - Industry Life Cycle |
3.4 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market - Porter's Five Forces |
3.5 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.6 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume Share, By Model, 2021 & 2031F |
3.8 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on renewable energy sources and sustainability initiatives in Australia |
4.2.2 Growing awareness about the benefits of waste heat to power technology |
4.2.3 Supportive government policies and incentives promoting the adoption of organic Rankine cycle (ORC) technology |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with setting up ORC waste heat to power systems |
4.3.2 Technical challenges related to the integration and operation of ORC systems in existing industrial processes |
5 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Trends |
6 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market, By Types |
6.1 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market, By Size |
6.1.1 Overview and Analysis |
6.1.2 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, By Size, 2021- 2031F |
6.1.3 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, By Small, 2021- 2031F |
6.1.4 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, By Medium, 2021- 2031F |
6.1.5 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, By Large, 2021- 2031F |
6.2 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, By Less Than 1000 kW, 2021- 2031F |
6.2.3 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, By 1001-4000 kW, 2021- 2031F |
6.2.4 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, By 4001-7000 kW, 2021- 2031F |
6.2.5 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, By More than 7000 kW, 2021- 2031F |
6.3 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market, By Model |
6.3.1 Overview and Analysis |
6.3.2 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, By Steady-State, 2021- 2031F |
6.3.3 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, By Dynamic, 2021- 2031F |
6.4 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, By ICE or Gas Turbine, 2021- 2031F |
6.4.3 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, By Waste to Energy, 2021- 2031F |
6.4.4 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, By Metal Production, 2021- 2031F |
6.4.5 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, By Cement and Lime Industry, 2021- 2031F |
6.4.6 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, By Glass Industry, 2021- 2031F |
6.4.7 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, By Petroleum Refining, 2021- 2031F |
6.4.8 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, By Landfill ICE, 2021- 2031F |
6.4.9 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenues & Volume, By Landfill ICE, 2021- 2031F |
7 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Import-Export Trade Statistics |
7.1 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Export to Major Countries |
7.2 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Imports from Major Countries |
8 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Key Performance Indicators |
8.1 Energy efficiency improvements achieved through ORC systems |
8.2 Reduction in greenhouse gas emissions from industrial processes using ORC technology |
8.3 Number of new ORC waste heat to power projects initiated in Australia |
9 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market - Opportunity Assessment |
9.1 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Opportunity Assessment, By Size, 2021 & 2031F |
9.2 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Opportunity Assessment, By Model, 2021 & 2031F |
9.4 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market - Competitive Landscape |
10.1 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Revenue Share, By Companies, 2024 |
10.2 Australia Organic Rankine Cycle (ORC) Waste Heat to Power Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |