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. 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.
As, 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.
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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. Currently North-America is
leading the global Stirling engine market followed by Asia-Pacific.
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).
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