| Product Code: ETC5399682 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Canada`s import trend for marine propulsion systems experienced a notable decline in 2024, with a growth rate of -34.29% compared to the previous year. Despite this, the compound annual growth rate (CAGR) for the period 2020-2024 stood at 3.58%. This decline in import momentum in 2024 could be attributed to shifting demand patterns or fluctuations in market stability.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Marine Propulsion Systems Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Marine Propulsion Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Marine Propulsion Systems Market - Industry Life Cycle |
3.4 Canada Marine Propulsion Systems Market - Porter's Five Forces |
3.5 Canada Marine Propulsion Systems Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Canada Marine Propulsion Systems Market Revenues & Volume Share, By Power, 2021 & 2031F |
3.7 Canada Marine Propulsion Systems Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 Canada Marine Propulsion Systems Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.9 Canada Marine Propulsion Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Canada Marine Propulsion Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for energy-efficient propulsion systems in the marine industry |
4.2.2 Increasing focus on reducing emissions and environmental impact in maritime operations |
4.2.3 Technological advancements leading to the development of more efficient and reliable marine propulsion systems |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with installing advanced marine propulsion systems |
4.3.2 Regulatory challenges and compliance requirements affecting the adoption of new propulsion technologies |
4.3.3 Economic uncertainties and fluctuations impacting investment decisions in the marine sector |
5 Canada Marine Propulsion Systems Market Trends |
6 Canada Marine Propulsion Systems Market Segmentations |
6.1 Canada Marine Propulsion Systems Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Canada Marine Propulsion Systems Market Revenues & Volume, By Diesel, 2021-2031F |
6.1.3 Canada Marine Propulsion Systems Market Revenues & Volume, By Wind & Solar, 2021-2031F |
6.1.4 Canada Marine Propulsion Systems Market Revenues & Volume, By Gas Turbine, 2021-2031F |
6.1.5 Canada Marine Propulsion Systems Market Revenues & Volume, By Fuel Cell, 2021-2031F |
6.1.6 Canada Marine Propulsion Systems Market Revenues & Volume, By Steam Turbine, 2021-2031F |
6.1.7 Canada Marine Propulsion Systems Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.2 Canada Marine Propulsion Systems Market, By Power |
6.2.1 Overview and Analysis |
6.2.2 Canada Marine Propulsion Systems Market Revenues & Volume, By Below 1,000 HP, 2021-2031F |
6.2.3 Canada Marine Propulsion Systems Market Revenues & Volume, By 1,001-5,000 HP, 2021-2031F |
6.2.4 Canada Marine Propulsion Systems Market Revenues & Volume, By 5,001-10,000 HP, 2021-2031F |
6.2.5 Canada Marine Propulsion Systems Market Revenues & Volume, By 10,001-20,000 HP, 2021-2031F |
6.2.6 Canada Marine Propulsion Systems Market Revenues & Volume, By Above 20,000 HP, 2021-2031F |
6.3 Canada Marine Propulsion Systems Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Canada Marine Propulsion Systems Market Revenues & Volume, By Low Speed, 2021-2031F |
6.3.3 Canada Marine Propulsion Systems Market Revenues & Volume, By Medium Speed, 2021-2031F |
6.3.4 Canada Marine Propulsion Systems Market Revenues & Volume, By High Speed, 2021-2031F |
6.4 Canada Marine Propulsion Systems Market, By Propulsion |
6.4.1 Overview and Analysis |
6.4.2 Canada Marine Propulsion Systems Market Revenues & Volume, By 2 Stroke, 2021-2031F |
6.4.3 Canada Marine Propulsion Systems Market Revenues & Volume, By 4 Stroke, 2021-2031F |
6.5 Canada Marine Propulsion Systems Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Canada Marine Propulsion Systems Market Revenues & Volume, By Commercial, 2021-2031F |
6.5.3 Canada Marine Propulsion Systems Market Revenues & Volume, By Offshore, 2021-2031F |
6.5.4 Canada Marine Propulsion Systems Market Revenues & Volume, By Recreational, 2021-2031F |
6.5.5 Canada Marine Propulsion Systems Market Revenues & Volume, By Navy, 2021-2031F |
6.5.6 Canada Marine Propulsion Systems Market Revenues & Volume, By Others, 2021-2031F |
7 Canada Marine Propulsion Systems Market Import-Export Trade Statistics |
7.1 Canada Marine Propulsion Systems Market Export to Major Countries |
7.2 Canada Marine Propulsion Systems Market Imports from Major Countries |
8 Canada Marine Propulsion Systems Market Key Performance Indicators |
8.1 Fuel efficiency improvement rate of marine propulsion systems |
8.2 Adoption rate of alternative fuel propulsion systems in the Canadian marine industry |
8.3 Number of research and development initiatives focused on enhancing marine propulsion technologies |
8.4 Average age of vessels equipped with modern propulsion systems |
8.5 Rate of retrofitting traditional vessels with advanced propulsion technologies |
9 Canada Marine Propulsion Systems Market - Opportunity Assessment |
9.1 Canada Marine Propulsion Systems Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Canada Marine Propulsion Systems Market Opportunity Assessment, By Power, 2021 & 2031F |
9.3 Canada Marine Propulsion Systems Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.4 Canada Marine Propulsion Systems Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.5 Canada Marine Propulsion Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Canada Marine Propulsion Systems Market - Competitive Landscape |
10.1 Canada Marine Propulsion Systems Market Revenue Share, By Companies, 2024 |
10.2 Canada Marine Propulsion Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |