Stirling Engines Market Size, Analysis and Trends by 2023 - Qnergy, United Sun Systems International Ltd, Sunpower, Genoastirling S.r.l., Microgen Engine Corp, Cool Energy and ADI Thermal Power Corp.

The global Stirling engines market is expected to grow at a CAGR of 7.5% during the forecast period. Stirling engines are gaining attention, owing to its higher thermodynamic efficiency than most other cycles (Otto & Diesel), low temperature differentials than most other engines and Stirling engine can use any external heat source from renewable or non- renewable resource, these factors will boost the global Stirling engines market. A Stirling engine is a heat engine that operates by cyclic compression and expansion of atmospheric air or other gas as a working fluid at different temperatures, such that there is net conversion of heat energy to mechanical work. More specifically, the Stirling engine is a closed-cycle regenerative heat engine with a permanently gaseous working fluid.

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The Stirling engine is known for its higher efficiency than steam engine, quiet operation, and the ability to use almost any heat source. The heat energy source is generated externally in the Stirling engine rather than being generated by internal combustion as in the Otto cycle or Diesel cycle. The Stirling engine is compatible with alternative and renewable energy sources, it could become significant, in the event of a price hike in conventional fuels, or peak oil and climate change. These factors are also expected to drive the growth of Stirling engines market during the forecast period. the cost of Stirling engines and the lack of market exposure & information of Stirling engines are the factors that may restrain growth of Stirling engines market.

Key Players

The major players operating in Stirling engine market are Qnergy. (U.S.), United Sun Systems International Ltd (Sweden), Sunpower Inc. (U.S.), Genoastirling S.r.l. (Italy), Microgen Engine Corporation (Netherlands), ÖkoFEN Forschungs- und Entwicklungs Ges.m.b.H. (Austria), Cool Energy, Inc (U.S) and ADI Thermal Power Corp. (U.S).

Intended Audience

• Distributer & Supplier companies
• End Users
• Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

Industry Segmentation

The global stirling engines market is segmented into type, application, end-user and region.

By type, the industry is classified into alpha, beta, gamma and others.

By application, the industry is classified into heating and cooling, solar power generation, marine engines and others.

By end-user, the industry is segmented into residential, commercial and utility.

By region, the global stirling engines market cover growth opportunities and latest trends across North America, Europe, Asia Pacific and Rest of the World.

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LIST OF TABLES

Table 1 Global Stirling Engines Market, By Type

Table 2 Global Stirling Engines Market, By Application

Table 3 Global Stirling Engines Market, By End User

Table 4 Global Stirling Engines Market, By Regions

Table 5 North America Stirling Engines Market, By Type

Table 6 North America Stirling Engines Market, By Application

Table 7 North America Stirling Engines Market, By End User

Table 8 U.S. Stirling Engines Market, By Type

Table 9 U.S. Stirling Engines Market, By Application

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LIST OF FIGURES

Figure 1 Research Application

Figure 2 Global Stirling Engines Market: By Type (%)

Figure 3 Global Stirling Engines Market: By Application (%)

Figure 4 Global Stirling Engines Market: By End User (%)

Figure 5 Global Stirling Engines Market: By Region

Figure 6 North America Stirling Engines Market, By Type (%)

Figure 7 North America Stirling Engines Market, By Application (%)

Figure 8 North America Stirling Engines Market, By End User (%)

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