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Stirling Engine Market

Publisher Fortune Business Insights Pvt. Ltd.
Published Sep 01, 2024
Length 235 Pages
SKU # FOB19185544

Description

Stirling Engine Market



Growth Factors of Stirling Engine Market

The Stirling Engine Market size was valued at USD 870.73 million in 2023. The market is projected to grow from USD 918.42 million in 2024 to USD 1,494.17 million by 2032 during the forecast period of 2024-2032.

The COVID-19 pandemic notably disrupted the Stirling engine market. Lockdowns and regulations halted production strategies, main to deliver chain disruptions and delays in project timelines. The demand for Stirling engines, specially in industrial packages, declined as many industries scaled returned operations. Additionally, the uncertainty surrounding global monetary situations induced buyers to hesitate, similarly slowing the marketplace's increase. However, as economies began to get better and awareness on sustainability accelerated, there was a renewed interest in clean energy answers, providing a pathway for the Stirling engine marketplace's slow recuperation.

A awesome fashion inside the Stirling engine marketplace is the growing interest in hybrid electricity systems that combine Stirling engines with renewable strength sources, including solar power. This integration enhances the performance and reliability of strength manufacturing, making Stirling engines extra attractive for off-grid and faraway programs. The fashion is pushed by using improvements in power storage technology and a worldwide push toward lowering carbon emissions. As a result, companies are increasingly making an investment in research and development to create greater efficient and cost-powerful Stirling engine solutions for sustainable power production.

The primary riding factor in the Stirling engine market is the growing demand for clean and sustainable energy solutions. As governments international put into effect stricter environmental policies and carbon reduction targets, industries are in search of opportunity electricity resources which can be each efficient and environmentally pleasant. Stirling engines, regarded for their ability to operate on diverse fuels, which includes renewable assets, are gaining attention as a feasible solution. Their ability to generate energy with minimal emissions makes them an appealing option for industries trying to transition closer to greener electricity practices.

Comprehensive Analysis of Stirling Engine Market

The Stirling Engine Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by type, by application and by end user. By Type include Alpha, Beta ,Gamma. By Application include Heating and Cooling, Solar Power Generation, Others. By End-User include Residential, Commercial, Utility, Others.

The Asia Pacific region lead the Stirling Engine Market share by benefitting a market size of USD 622.42 million due to rapid industrialization and urbanization, driving the demand for energy across various industries such as manufacturing, automotive, electronics, and construction.

The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.

April 2023: Microgen Energy Corporation become proud to announce the sector's first EU 303-five licensed wood jacket micro-heating and power cogeneration. For two years, Microgen and Waltis have been working on a strong and dependable timber-burning micro-CHP unit. Beta versions will be to be had quickly for the first clients who want to participate in checking out this product. In collaboration with early clients, Microgen and Waltis plan to expand the tool similarly inside the coming years.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 6.27% from 2024 to 2032

Unit Value (USD Million)

Segmentation By Type

- Alpha

- Beta

- Gamma

By Application

- Heating and Cooling

- Solar Power Generation

- Others

By End-User

- Residential

- Commercial

- Utility

- Others

By Region

- North America (By Type, Application, End-User, and Country)
  • U.S. (By Application)
  • Canada (By Application)
- Europe (By Type, Application, End-User, and Country)
  • Germany (By Application)
  • Poland (By Application)
  • Netherlands (By Application)
  • Italy (By Application)
  • France (By Application)
  • Spain (By Application)
  • Rest of Europe (By Application)
- Asia Pacific (By Type, Application, End-User, and Country)
  • China (By Application)
  • Japan (By Application)
  • Australia (By Application)
  • Southeast Asia (By Application)
  • Rest of the Asia Pacific (By Application)
- Latin America (By Type, Application, and End-User)
  • Brazil (By Application)
  • Mexico (By Application)
  • Rest of Latin America (By Application)
- Middle East & Africa (By Type, Application, and End-User)
  • GCC (By Application)
  • South Africa (By Application)
  • Rest of the Middle East & Africa (By Application)


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Table of Contents

235 Pages
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions & Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Insight on Regulatory Landscape
4.4. Porters Five Forces Analysis
4.5. Impact of COVID-19 on the Stirling Engine Market
5. Global Stirling Engine Market (USD Million) Analysis, Insights, and Forecast, 2019-2032
5.1. Key Findings
5.2. Market Analysis, Insights, and Forecast – By Type
5.2.1. Alpha
5.2.2. Beta
5.2.3. Gamma
5.3. Market Analysis, Insights, and Forecast – By Application
5.3.1. Heating and Cooling
5.3.2. Solar Power Generation
5.3.3. Others
5.4. Market Analysis, Insights, and Forecast – By End-User
5.4.1. Residential
5.4.2. Commercial
5.4.3. Utility
5.4.4. Others
5.5. Market Analysis, Insights, and Forecast – By Region
5.5.1. North America
5.5.2. Europe
5.5.3. Asia Pacific
5.5.4. Latin America
5.5.5. Middle East and Africa
6. North America Stirling Engine Market (USD Million) Analysis, Insights, and Forecast, 2019-2032
6.1. Key Findings
6.2. Market Analysis, Insights, and Forecast – By Type
6.2.1. Alpha
6.2.2. Beta
6.2.3. Gamma
6.3. Market Analysis, Insights, and Forecast – By Application
6.3.1. Heating and Cooling
6.3.2. Solar Power Generation
6.3.3. Others
6.4. Market Analysis, Insights, and Forecast – By End-User
6.4.1. Residential
6.4.2. Commercial
6.4.3. Utility
6.4.4. Others
6.5. Market Analysis, Insights, and Forecast – By Country
6.5.1. U.S. Market Analysis, Insights, and Forecast – By Application
6.5.1.1. Heating and Cooling
6.5.1.2. Solar Power Generation
6.5.1.3. Others
6.5.2. Canada Market Analysis, Insights, and Forecast – By Application
6.5.2.1. Heating and Cooling
6.5.2.2. Solar Power Generation
6.5.2.3. Others
7. Europe Stirling Engine Market (USD Million) Analysis, Insights, and Forecast, 2019-2032
7.1. Key Findings
7.2. Market Analysis, Insights, and Forecast – By Type
7.2.1. Alpha
7.2.2. Beta
7.2.3. Gamma
7.3. Market Analysis, Insights, and Forecast – By Application
7.3.1. Heating and Cooling
7.3.2. Solar Power Generation
7.3.3. Others
7.4. Market Analysis, Insights, and Forecast – By End-User
7.4.1. Residential
7.4.2. Commercial
7.4.3. Utility
7.4.4. Others
7.5. Market Analysis, Insights, and Forecast – By Country
7.5.1. Germany Market Analysis, Insights, and Forecast – By Application
7.5.1.1. Heating and Cooling
7.5.1.2. Solar Power Generation
7.5.1.3. Others
7.5.2. Poland Market Analysis, Insights, and Forecast – By Application
7.5.2.1. Heating and Cooling
7.5.2.2. Solar Power Generation
7.5.2.3. Others
7.5.3. Netherlands Market Analysis, Insights, and Forecast – By Application
7.5.3.1. Heating and Cooling
7.5.3.2. Solar Power Generation
7.5.3.3. Others
7.5.4. Italy Market Analysis, Insights, and Forecast – By Application
7.5.4.1. Heating and Cooling
7.5.4.2. Solar Power Generation
7.5.4.3. Others
7.5.5. France Market Analysis, Insights, and Forecast – By Application
7.5.5.1. Heating and Cooling
7.5.5.2. Solar Power Generation
7.5.5.3. Others
7.5.6. Spain Market Analysis, Insights, and Forecast – By Application
7.5.6.1. Heating and Cooling
7.5.6.2. Solar Power Generation
7.5.6.3. Others
8.
8.1.
8.1.1. Rest of Europe Market Analysis, Insights, and Forecast – By Application
8.1.1.1. Heating and Cooling
8.1.1.2. Solar Power Generation
8.1.1.3. Others
9. Asia Pacific Stirling Engine Market (USD Million) Analysis, Insights, and Forecast, 2019-2032
9.1. Key Findings
9.2. Market Analysis, Insights, and Forecast – By Type
9.2.1. Alpha
9.2.2. Beta
9.2.3. Gamma
9.3. Market Analysis, Insights, and Forecast – By Application
9.3.1. Heating and Cooling
9.3.2. Solar Power Generation
9.3.3. Others
9.4. Market Analysis, Insights, and Forecast – By End-User
9.4.1. Residential
9.4.2. Commercial
9.4.3. Utility
9.4.4. Others
9.5. Market Analysis, Insights, and Forecast – By Country
9.5.1. China Market Analysis, Insights, and Forecast – By Application
9.5.1.1. Heating and Cooling
9.5.1.2. Solar Power Generation
9.5.1.3. Others
9.5.2. Japan Market Analysis, Insights, and Forecast – By Application
9.5.2.1. Heating and Cooling
9.5.2.2. Solar Power Generation
9.5.2.3. Others
9.5.3. Australia Market Analysis, Insights, and Forecast – By Application
9.5.3.1. Heating and Cooling
9.5.3.2. Solar Power Generation
9.5.3.3. Others
9.5.4. Southeast Asia Market Analysis, Insights, and Forecast – By Application
9.5.4.1. Heating and Cooling
9.5.4.2. Solar Power Generation
9.5.4.3. Others
9.5.5. Rest of Asia-Pacific Market Analysis, Insights, and Forecast – By Application
9.5.5.1. Heating and Cooling
9.5.5.2. Solar Power Generation
9.5.5.3. Others
10. Latin America Stirling Engine Market (USD Million) Analysis, Insights, and Forecast, 2019-2032
10.1. Key Findings
10.2. Market Analysis, Insights, and Forecast – By Type
10.2.1. Alpha
10.2.2. Beta
10.2.3. Gamma
10.3. Market Analysis, Insights, and Forecast – By Application
10.3.1. Heating and Cooling
10.3.2. Solar Power Generation
10.3.3. Others
10.4. Market Analysis, Insights, and Forecast – By End-User
10.4.1. Residential
10.4.2. Commercial
10.4.3. Utility
10.4.4. Others
10.5. Market Analysis, Insights, and Forecast – By Country
10.5.1. Brazil Market Analysis, Insights, and Forecast – By Application
10.5.1.1. Heating and Cooling
10.5.1.2. Solar Power Generation
10.5.1.3. Others
10.5.2. Mexico Market Analysis, Insights, and Forecast – By Application
10.5.2.1. Heating and Cooling
10.5.2.2. Solar Power Generation
10.5.2.3. Others
10.5.3. Rest of Latin America Market Analysis, Insights, and Forecast – By Application
10.5.3.1. Heating and Cooling
10.5.3.2. Solar Power Generation
10.5.3.3. Others
11. Middle East and Africa Stirling Engine Market (USD Million) Analysis, Insights, and Forecast, 2019-2032
11.1. Key Findings
11.2. Market Analysis, Insights, and Forecast – By Type
11.2.1. Alpha
11.2.2. Beta
11.2.3. Gamma
11.3. Market Analysis, Insights, and Forecast – By Application
11.3.1. Heating and Cooling
11.3.2. Solar Power Generation
11.3.3. Others
11.4. Market Analysis, Insights, and Forecast – By End-User
11.4.1. Residential
11.4.2. Commercial
11.4.3. Utility
11.4.4. Others
11.5. Market Analysis, Insights, and Forecast – By Country
11.5.1. GCC Market Analysis, Insights, and Forecast – By Application
11.5.1.1. Heating and Cooling
11.5.1.2. Solar Power Generation
11.5.1.3. Others
11.5.2. South Africa Market Analysis, Insights, and Forecast – By Application
11.5.2.1. Heating and Cooling
11.5.2.2. Solar Power Generation
11.5.2.3. Others
11.5.3. Rest of MEA Market Analysis, Insights, and Forecast – By Application
11.5.3.1. Heating and Cooling
11.5.3.2. Solar Power Generation
11.5.3.3. Others
12. Competitive Analysis
12.1. Company Market Share Analysis, 2023
12.2. Company Profile
12.2.1. BioLife Solutions Inc.
12.2.1.1. Business Overview
12.2.1.2. Product and Service Offerings
12.2.1.3. Recent Developments
12.2.1.4. Financials (Based on Availability)
12.2.2. Swedish Stirling AB
12.2.2.1. Business Overview
12.2.2.2. Product and Service Offerings
12.2.2.3. Recent Developments
12.2.2.4. Financials (Based on Availability)
12.2.3. Stirling Cryogenics
12.2.3.1. Business Overview
12.2.3.2. Product and Service Offerings
12.2.3.3. Recent Developments
12.2.3.4. Financials (Based on Availability)
12.2.4. Microgen Engine Corporation
12.2.4.1. Business Overview
12.2.4.2. Product and Service Offerings
12.2.4.3. Recent Developments
12.2.4.4. Financials (Based on Availability)
12.2.5. Qnergy
12.2.5.1. Business Overview
12.2.5.2. Product and Service Offerings
12.2.5.3. Recent Developments
12.2.5.4. Financials (Based on Availability)
12.2.6. Shanghai MicroPowers Ltd.
12.2.6.1. Business Overview
12.2.6.2. Product and Service Offerings
12.2.6.3. Recent Developments
12.2.6.4. Financials (Based on Availability)
12.2.7. Azelio
12.2.7.1. Business Overview
12.2.7.2. Product and Service Offerings
12.2.7.3. Recent Developments
12.2.7.4. Financials (Based on Availability)
12.2.8. Sunpower Inc.
12.2.8.1. Business Overview
12.2.8.2. Product and Service Offerings
12.2.8.3. Recent Developments
12.2.8.4. Financials (Based on Availability)
12.2.9. Frauscher Motors GmbH
12.2.9.1. Business Overview
12.2.9.2. Product and Service Offerings
12.2.9.3. Recent Developments
12.2.9.4. Financials (Based on Availability)
12.2.10. Kontax Engineering Ltd.
12.2.10.1. Business Overview
12.2.10.2. Product and Service Offerings
12.2.10.3. Recent Developments
12.2.10.4. Financials (Based on Availability)

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