Organic Rankine Cycle Market to Reach USD 1.3 Billion by 2033, Driven by Rising Demand for Waste Heat Recovery
The global organic Rankine cycle (ORC) market is gaining significant momentum as industries increasingly adopt energy-efficient technologies to recover waste heat and generate power. ORC systems are widely used in geothermal, biomass, and industrial waste heat recovery applications, supporting sustainable energy generation.

Market Overview
The global organic Rankine cycle market was valued at USD 680 million in 2024 and is projected to grow from USD 730 million in 2025 to USD 1.3 billion by 2033.