External Combustion Engine Market - Global Industry Analysis

Market Overview

In terms of revenue, the global external combustion engine market accounted for USD 566.87 Million in 2020 and is expected to reach USD 787.82 Million by 2028, growing at a CAGR of 4.2% from 2021 to 2028.

In an external combustion engine, thermal energy is produced by burning fuel externally; which further releases energy which is used to heat water and convert water into steam. During this process high pressure steam generated due to the heating of the water which further moves a piston inside the cylinder. At this point, the kinetic energy of the moving piston is converted into mechanical energy. Now a days, Steam engine and Stirling engine are two types of external combustion engines which are widely used. The Stirling engine is widely in the yachts and submarines where no external valves are required, whereas Stirling engines are highly efficient, as compared to steam engines. Also, as compared to the noise and emission generated by internal combustion engines, External combustion engines produces less noise and emission.

OVID-19 Impact Analysis

COVID-19 outbreak have caused disruptions to global supply chains and other businesses. However, these epidemic did not impact the External Combustion Engine Market. With the upliftment of the Covid-19 restriction the industry is expected to regain its original position and start functioning and generating revenue in the forecast period.

Growth Factors

Now a days, the number of power stations are rising, thus increasing number of power stations is likely to boom the growth of external combustion engine market. Also, the environmental awareness across the globe is increasing, owing to which it is likely to boost the demand for use for external combustion engine, as external combustion engine use various sources including municipal waste, biomass, geothermal and solar to supply heat, which is anticipated to boost the external combustion engine market across the globe. Moreover, the rising demand for steam engine across the globe for development of electricity is anticipated to propel the demand for external combustion engine and furl the growth of the external combustion engine market.

Furthermore, as the external combustion engine generates less external noise and also helps to reduce exhaust high pressure combustion products; the demand for external combustion engine from major power plants are increasing further leading to propel the market growth in near future over the forecast period.

Report Scope:

Application Segment Analysis Preview:

The application segment is anticipated to hold the largest share for External Combustion Engine Market over the forecast period. External combustion engine are used in Steam Power Plant, Nuclear Power Plant. Now a days the number of power plants are increasing across the globe. These rising in number of power plant is anticipated to boost the External Combustion Engine Market in near future over the forecast period. Also, External combustion engine are used in Pump, Ship, and trains. The environmental awareness across the globe is increasing. As the External combustion engine use various sources including municipal waste, biomass, geothermal and solar to supply heat, it is expected to boom the External Combustion Engine Market over the forecast period.

Regional Analysis Preview

Europe is anticipated to hold the largest share for external combustion engine market. The growth of external combustion engine market in this region is attributed to rapid increase in industrialization across the region. Also, Owing to the increasing number of power stations in this region, the demand for external combustion engine is likely to increase further propelling the growth of external combustion engine market in near future over the forecast period.

Asia pacific is projected to have the fastest growth for external combustion engine market over the forecast period. The growth of external combustion engine market in this region is attributed to the presence of the major presence of thermal power plants across the region. Also, the major developed countries including china, japan have nuclear power plant which is likely to upsurge the demand for external combustion engines across these countries, further propelling the growth of external combustion engine market in this region in near future over the forecast period.

Key Market Players & Competitive Landscape

Some of key players in External Combustion Engine Market are,

• Stirling Thermal Motors Inc.
• Aisin Seiki Co. Ltd.
• Sterling Power Systems Corporation
• Sunpower Inc.
• Saab AB
• Reliable Engine Co.
• Microgen Engine Corporation
• Deere & Company
• Azelio
• Yanmar Holdings Co. Ltd

The External Combustion Engine Market is segmented as follows:

By Type

• Steam Engine
• Stirling Engine

By Application

• Pump
• Ship
• Train
• Steam Power Plant
• Nuclear Power Plant

Global Mold Inhibitors Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

• CHAPTER NO. 1: INTRODUCTION
  • 1.1. Report Description
    • 1.1.1. Purpose of the Report
    • 1.1.2. USP & Key Offerings
  • 1.2. Key Benefits for Stakehulders
  • 1.3. Target Audience
  • 1.4. Report Scope
• CHAPTER NO. 2: EXECUTIVE SUMMARY
  • 2.1. Key Findings
    • 2.1.1. Top Investment Pockets
      • 2.1.1.1. Market Attractiveness Analysis, By By Type
      • 2.1.1.2. Market Attractiveness Analysis, By By Application
      • 2.1.1.3. Market Attractiveness Analysis, By Region
  • 2.2. Market Snapshot
  • 2.3. Global External Combustion Engine Market, 2016 – 2028 (USD Million)
  • 2.4. Insights from Primary Respondents
• CHAPTER NO. 3: COVID 19 IMPACT ANALYSIS
  • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
    • 3.1.1. North America
    • 3.1.2. Europe
    • 3.1.3. Asia Pacific
    • 3.1.4. Latin America
    • 3.1.5. The Middle-East and Africa
  • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
  • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
  • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
  • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
    • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
  • 3.6. Short Term Dynamics
  • 3.7. Long Term Dynamics
• CHAPTER NO. 4: EXTERNAL COMBUSTION ENGINE MARKET – BY TYPE SEGMENT ANALYSIS
  • 4.1. Overview
    • 4.1.1. Market Revenue Share, By By Type, 2020 & 2028
  • 4.2. Steam Engine
    • 4.2.1. Market Size and Forecast, By Region (USD Million)
    • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
  • 4.3. Stirling Engine
    • 4.3.1. Market Size and Forecast, By Region (USD Million)
    • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
• CHAPTER NO. 5: EXTERNAL COMBUSTION ENGINE MARKET – BY APPLICATION SEGMENT ANALYSIS
  • 5.1. Overview
    • 5.1.1. Market Revenue Share, By By Application, 2020 & 2028
  • 5.2. Pump
    • 5.2.1. Market Size and Forecast, By Region (USD Million)
    • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
  • 5.3. Ship
    • 5.3.1. Market Size and Forecast, By Region (USD Million)
    • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
  • 5.4. Train
    • 5.4.1. Market Size and Forecast, By Region (USD Million)
    • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
  • 5.5. Steam Power Plant
    • 5.5.1. Market Size and Forecast, By Region (USD Million)
    • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
  • 5.6. Nuclear Power Plant
    • 5.6.1. Market Size and Forecast, By Region (USD Million)
    • 5.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 5.6.3. Key Market Trends, Growth Factors, & Opportunities
• CHAPTER NO. 6: EXTERNAL COMBUSTION ENGINE MARKET – REGIONAL ANALYSIS
  • 6.1. Overview
    • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
    • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Million)
  • 6.2. North America
    • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Million)
    • 6.2.2. North America Market Revenue, By By Type, 2016 – 2028
    • 6.2.3. North America Market Revenue, By By Application, 2016 – 2028
    • 6.2.4. U.S.
      • 6.2.4.1. U.S. Market Revenue, By By Type, 2016 – 2028
      • 6.2.4.2. U.S. Market Revenue, By By Application, 2016 – 2028
    • 6.2.5. Canada
      • 6.2.5.1. Canada Market Revenue, By By Type, 2016 – 2028
      • 6.2.5.2. Canada Market Revenue, By By Application, 2016 – 2028
    • 6.2.6. Mexico
      • 6.2.6.1. Mexico Market Revenue, By By Type, 2016 – 2028
      • 6.2.6.2. Mexico Market Revenue, By By Application, 2016 – 2028
  • 6.3. Europe
    • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Million)
    • 6.3.2. Europe Market Revenue, By By Type, 2016 – 2028
    • 6.3.3. Europe Market Revenue, By By Application, 2016 – 2028
    • 6.3.4. Germany
      • 6.3.4.1. Germany Market Revenue, By By Type, 2016 – 2028
      • 6.3.4.2. Germany Market Revenue, By By Application, 2016 – 2028
    • 6.3.5. France
      • 6.3.5.1. France Market Revenue, By By Type, 2016 – 2028
      • 6.3.5.2. France Market Revenue, By By Application, 2016 – 2028
    • 6.3.6. U.K.
      • 6.3.6.1. U.K. Market Revenue, By By Type, 2016 – 2028
      • 6.3.6.2. U.K. Market Revenue, By By Application, 2016 – 2028
    • 6.3.7. Italy
      • 6.3.7.1. Italy Market Revenue, By By Type, 2016 – 2028
      • 6.3.7.2. Italy Market Revenue, By By Application, 2016 – 2028
    • 6.3.8. Spain
      • 6.3.8.1. Spain Market Revenue, By By Type, 2016 – 2028
      • 6.3.8.2. Spain Market Revenue, By By Application, 2016 – 2028
    • 6.3.9. Rest of Europe
      • 6.3.9.1. Rest of Europe Market Revenue, By By Type, 2016 – 2028
      • 6.3.9.2. Rest of Europe Market Revenue, By By Application, 2016 – 2028
  • 6.4. Asia Pacific
    • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Million)
    • 6.4.2. Asia Pacific Market Revenue, By By Type, 2016 – 2028
    • 6.4.3. Asia Pacific Market Revenue, By By Application, 2016 – 2028
    • 6.4.4. China
      • 6.4.4.1. China Market Revenue, By By Type, 2016 – 2028
      • 6.4.4.2. China Market Revenue, By By Application, 2016 – 2028
    • 6.4.5. Japan
      • 6.4.5.1. Japan Market Revenue, By By Type, 2016 – 2028
      • 6.4.5.2. Japan Market Revenue, By By Application, 2016 – 2028
    • 6.4.6. India
      • 6.4.6.1. India Market Revenue, By By Type, 2016 – 2028
      • 6.4.6.2. India Market Revenue, By By Application, 2016 – 2028
    • 6.4.7. South Korea
      • 6.4.7.1. South Korea Market Revenue, By By Type, 2016 – 2028
      • 6.4.7.2. South Korea Market Revenue, By By Application, 2016 – 2028
    • 6.4.8. South-East Asia
      • 6.4.8.1. South-East Asia Market Revenue, By By Type, 2016 – 2028
      • 6.4.8.2. South-East Asia Market Revenue, By By Application, 2016 – 2028
    • 6.4.9. Rest of Asia Pacific
      • 6.4.9.1. Rest of Asia Pacific Market Revenue, By By Type, 2016 – 2028
      • 6.4.9.2. Rest of Asia Pacific Market Revenue, By By Application, 2016 – 2028
  • 6.5. Latin America
    • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Million)
    • 6.5.2. Latin America Market Revenue, By By Type, 2016 – 2028
    • 6.5.3. Latin America Market Revenue, By By Application, 2016 – 2028
    • 6.5.4. Brazil
      • 6.5.4.1. Brazil Market Revenue, By By Type, 2016 – 2028
      • 6.5.4.2. Brazil Market Revenue, By By Application, 2016 – 2028
    • 6.5.5. Argentina
      • 6.5.5.1. Argentina Market Revenue, By By Type, 2016 – 2028
      • 6.5.5.2. Argentina Market Revenue, By By Application, 2016 – 2028
    • 6.5.6. Rest of Latin America
      • 6.5.6.1. Rest of Latin America Market Revenue, By By Type, 2016 – 2028
      • 6.5.6.2. Rest of Latin America Market Revenue, By By Application, 2016 – 2028
  • 6.6. The Middle-East and Africa
    • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Million)
    • 6.6.2. The Middle-East and Africa Market Revenue, By By Type, 2016 – 2028
    • 6.6.3. The Middle-East and Africa Market Revenue, By By Application, 2016 – 2028
    • 6.6.4. GCC Countries
      • 6.6.4.1. GCC Countries Market Revenue, By By Type, 2016 – 2028
      • 6.6.4.2. GCC Countries Market Revenue, By By Application, 2016 – 2028
    • 6.6.5. South Africa
      • 6.6.5.1. South Africa Market Revenue, By By Type, 2016 – 2028
      • 6.6.5.2. South Africa Market Revenue, By By Application, 2016 – 2028
    • 6.6.6. Rest of Middle-East Africa
      • 6.6.6.1. Rest of Middle-East Africa Market Revenue, By By Type, 2016 – 2028
      • 6.6.6.2. Rest of Middle-East Africa Market Revenue, By By Application, 2016 – 2028
• CHAPTER NO. 7: EXTERNAL COMBUSTION ENGINE MARKET – INDUSTRY ANALYSIS
  • 7.1. Introduction
  • 7.2. Market Drivers
    • 7.2.1. Driving Factor 1 Analysis
    • 7.2.2. Driving Factor 2 Analysis
  • 7.3. Market Restraints
    • 7.3.1. Restraining Factor Analysis
  • 7.4. Market Opportunities
    • 7.4.1. Market Opportunity Analysis
  • 7.5. Porter’s Five Forces Analysis
  • 7.6. PEST Analysis
  • 7.7. Regulatory Landscape
  • 7.8. Technulogy Landscape
  • 7.9. Regional Market Trends
    • 7.9.1. North America
    • 7.9.2. Europe
    • 7.9.3. Asia Pacific
    • 7.9.4. Latin America
    • 7.9.5. The Middle-East and Africa
  • 7.10. Pricing Analysis
  • 7.11. Value Chain Analysis
  • 7.12. Downstream Buyers
  • 7.13. Distributors/Traders List
• CHAPTER NO. 8: COMPETITIVE LANDSCAPE
  • 8.1. Company Market Share Analysis – 2019
    • 8.1.1. Global External Combustion Engine Market: Company Market Share, 2019
    • 8.1.2. Global External Combustion Engine Market, Company Market Revenue, 2016 – 2019 (USD Million)
    • 8.1.3. Global External Combustion Engine Market, Company Y-o-Y Growth, 2017 – 2019 (%)
    • 8.1.4. Global External Combustion Engine Market: Radar Determinant Chart, 2019
  • 8.2. Strategic Developments
    • 8.2.1. Acquisitions & Mergers
    • 8.2.2. New Product Launch
    • 8.2.3. Regional Expansion
  • 8.3. Company Strategic Developments – Heat Map Analysis
• CHAPTER NO. 9: COMPANY PROFILES
  • 9.1. Stirling Thermal Motors Inc.
    • 9.1.1. Company Overview
    • 9.1.2. Key Executives
    • 9.1.3. Product Portfulio
    • 9.1.4. Financial Overview
    • 9.1.5. Operating Business Segments
    • 9.1.6. Business Performance
    • 9.1.7. Recent Developments
  • 9.2. Aisin Seiki Co. Ltd.
  • 9.3. Sterling Power Systems Corporation
  • 9.4. Sunpower Inc.
  • 9.5. Saab AB
  • 9.6. Reliable Engine Co.
  • 9.7. Microgen Engine Corporation
  • 9.8. Deere & Company
  • 9.9. Azelio
  • 9.10. Yanmar Huldings Co. Ltd
• CHAPTER NO. 10: MARKETING STRATEGY ANALYSIS
  • 10.1. Marketing Channel
  • 10.2. Direct Marketing
  • 10.3. Indirect Marketing
  • 10.4. Marketing Channel Development Trends
  • 10.5. Economic/Pulitical Environmental Change
• CHAPTER NO. 11: RESEARCH METHODulOGY
  • 11.1. Research Methodulogy
  • 11.2. Phase I - Secondary Research
  • 11.3. Phase II - Data Modeling
    • 11.3.1. Company Share Analysis Model
    • 11.3.2. Revenue Based Modeling
  • 11.4. Phase III - Primary Research
  • 11.5. Research Limitations
    • 11.5.1. Assumptions

List of Figures    

FIG NO. 1. Market Attractiveness Analysis, By By Type
FIG NO. 2. Market Attractiveness Analysis, By By Application
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global External Combustion Engine Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By By Type, 2020 & 2028
FIG NO. 7. Global External Combustion Engine Market for Steam Engine, Revenue (USD Million) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of External Combustion Engine Market for Steam Engine, By Country, 2020 & 2028
FIG NO. 9. Global External Combustion Engine Market for Stirling Engine, Revenue (USD Million) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of External Combustion Engine Market for Stirling Engine, By Country, 2020 & 2028
FIG NO. 11. Market Revenue Share, By By Application, 2020 & 2028
FIG NO. 12. Global External Combustion Engine Market for Pump, Revenue (USD Million) 2016 – 2028
FIG NO. 13. Comparative Revenue Analysis of External Combustion Engine Market for Pump, By Country, 2020 & 2028
FIG NO. 14. Global External Combustion Engine Market for Ship, Revenue (USD Million) 2016 – 2028
FIG NO. 15. Comparative Revenue Analysis of External Combustion Engine Market for Ship, By Country, 2020 & 2028
FIG NO. 16. Global External Combustion Engine Market for Train, Revenue (USD Million) 2016 – 2028
FIG NO. 17. Comparative Revenue Analysis of External Combustion Engine Market for Train, By Country, 2020 & 2028
FIG NO. 18. Global External Combustion Engine Market for Steam Power Plant, Revenue (USD Million) 2016 – 2028
FIG NO. 19. Comparative Revenue Analysis of External Combustion Engine Market for Steam Power Plant, By Country, 2020 & 2028
FIG NO. 20. Global External Combustion Engine Market for Nuclear Power Plant, Revenue (USD Million) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of External Combustion Engine Market for Nuclear Power Plant, By Country, 2020 & 2028
FIG NO. 22. Global External Combustion Engine Market Revenue Share, By Region, 2020 & 2028
FIG NO. 23. North America External Combustion Engine Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 24. Porter’s Five Forces Analysis for Global External Combustion Engine Market
FIG NO. 25. PEST Analysis for Global External Combustion Engine Market
FIG NO. 26. Pricing Analysis for Global External Combustion Engine Market
FIG NO. 27. Value Chain Analysis for Global External Combustion Engine Market
FIG NO. 28. Company Share Analysis, 2019
FIG NO. 29. Radar Determinant Chart, 2019
FIG NO. 30. Company Strategic Developments – Heat Map Analysis
FIG NO. 31. Stirling Thermal Motors Inc. Business Segment Revenue Share, 2020 (%)
FIG NO. 32. Stirling Thermal Motors Inc. Geographical Segment Revenue Share, 2020 (%)
FIG NO. 33. Market Channels
FIG NO. 34. Marketing Channel Development Trend
FIG NO. 35. Growth in World Gross Product, 2008-2018
FIG NO. 36. Research Methodology – Detailed View
FIG NO. 37. Research Methodology
 

List of Tables 

TABLE NO. 1 Global External Combustion Engine Market: Snapshot
TABLE NO. 2 Quarterly External Combustion Engine Market Revenue by Region, 2020
TABLE NO. 3 Quarterly External Combustion Engine Market Revenue Forecast by Region, 2021
TABLE NO. 4 Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
TABLE NO. 5 Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
TABLE NO. 6 Global External Combustion Engine Market for Steam Engine, by Region, 2016 – 2028 (USD Million)
TABLE NO. 7 Global External Combustion Engine Market for Stirling Engine, by Region, 2016 – 2028 (USD Million)
TABLE NO. 8 Global External Combustion Engine Market for Pump, by Region, 2016 – 2028 (USD Million)
TABLE NO. 9 Global External Combustion Engine Market for Ship, by Region, 2016 – 2028 (USD Million)
TABLE NO. 10 Global External Combustion Engine Market for Train, by Region, 2016 – 2028 (USD Million)
TABLE NO. 11 Global External Combustion Engine Market for Steam Power Plant, by Region, 2016 – 2028 (USD Million)
TABLE NO. 12 Global External Combustion Engine Market for Nuclear Power Plant, by Region, 2016 – 2028 (USD Million)
TABLE NO. 13 Global External Combustion Engine Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 14 North America External Combustion Engine Market Revenue, By Country, 2016 – 2028 (USD Million)
TABLE NO. 15 North America External Combustion Engine Market Revenue, By By Type, 2016 – 2028 (USD Million)
TABLE NO. 16 North America External Combustion Engine Market Revenue, By By Application, 2016 – 2028 (USD Million)
TABLE NO. 17 U.S. External Combustion Engine Market Revenue, By By Type, 2016 – 2028 (USD Million)
TABLE NO. 18 U.S. External Combustion Engine Market Revenue, By By Application, 2016 – 2028 (USD Million)
TABLE NO. 19 Canada External Combustion Engine Market Revenue, By By Type, 2016 – 2028 (USD Million)
TABLE NO. 20 Canada External Combustion Engine Market Revenue, By By Application, 2016 – 2028 (USD Million)
TABLE NO. 21 Mexico External Combustion Engine Market Revenue, By By Type, 2016 – 2028 (USD Million)
TABLE NO. 22 Mexico External Combustion Engine Market Revenue, By By Application, 2016 – 2028 (USD Million)
TABLE NO. 23 Drivers for the External Combustion Engine Market: Impact Analysis
TABLE NO. 24 Restraints for the External Combustion Engine Market: Impact Analysis
TABLE NO. 25 Major Buyers of External Combustion Engine
TABLE NO. 26 Distributors/Traders List of External Combustion Engine
TABLE NO. 27 Global External Combustion Engine Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 28 Global External Combustion Engine Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)