Market Forecast By Power (Up to 1000 Hp, 1001 Hp to 5000 Hp, 5001 Hp to 10000 Hp, 10001 Hp to 20000 Hp, and Above 20000 Hp), By Applications (Commercial Vessels, Offshore Support Vessels, and Other Vessels), By Fuel (Heavy Fuel Oil, Intermediate Fuel Oil, Marine Diesel Oil, Marine Gas Oil, and Other Fuels), By Regions (North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa), By Key Countries and Competitive Landscape
Product Code: ETC000841 | Publication Date: Jul 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Global marine engine market report thoroughly covers the market by power, applications, fuel types, and regions including North America, Latin America, Europe, Asia Pacific, the Middle East & Africa, and key countries. The marine engine market outlook report provides an unbiased and detailed analysis of the ongoing global marine engine market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Global Marine Engine Market is expected to gain traction during the upcoming years on account of an increase in the global seaborne trade across the developing economies worldwide coupled with a progressive outlook of the shipping industry. Moreover, firm Government mandates towards using clean fuel for the vessels are triggering the market growth for marine engines. As various industries are shifting towards the replacement of low sulfur fuel with conventional fuel, the market for marine engines is anticipated to draw major growth impulsions in the future.
According to 6Wresearch, the Global marine engines market size is projected to reap sound growth projections during 2019-2025. The market is mainly driven by increased demand for economically feasible engines and is further expected to observe sound triggering demand patterns in the conjecture period also. Increasing penetration towards gas-based engines owing to their property of clean fuel is proliferating the growth of the market. The growing expansion of sea trade internationally is adding to the Marine Engines Market Growth. However, the stringent regulation imposed by the administration in order to reduce the emission of harmful substances is restraining the growth of the market.
Global Marine Engine Market is a wide range of global and regional and moreover national geopolitical drivers. Global Marine Engine Market has the complexity ranging the product demand for the new ship and its components also involved recreation to mining and mineral extraction to consumer goods. Globalization resulted in an exchange of consumer goods and many more products such as marine engine products generating great revenue in the forecast period.
Global marine engine market is anticipated to witness potential growth in the coming years on the back of the increasing proliferation of engines for awareness and security, growth in international marine freight, and growth in global maritime tourism. The rising use of medium-sized engines in containerships, cruise ships, defense vessels, cargo vessels, and chemical carriers is expected to drive potential demand projections for marine engines globally in the coming timeframe.
The global marine engine market is anticipated to gain traction in the upcoming six years on the back of the rising EXIM industry in developed and developing countries across the globe. Moreover, the North America region is estimated to have humongous revenues owing to an increase in the growth of the export practices through ships and the top exporting categories are aircraft and medical equipment. The top busiest seaports in the United States are the Port of Los Angeles and the port of long beaches therefore the demand for marine engines would also rise as a result is estimated to boost the global marine engine market Growth in the years ahead. Several key players operating in the global marine engine market are Deere and company, MAN SE, Deutz AG, Hyundai heavy industries, and Caterpillar.
On the basis of fuel, the Marine diesel fuel engine is anticipated to dominate the market as it deploys lesser costs coupled with thermal steadiness and amplified oxidation features. Additionally, as the demand for tugboats, yachts, and passenger's vessels mark cumulative growth patterns, the market for more than 20000 Hp engines would gather widespread revenues across the Globe. Moreover, the heavy ship composition in the industry would further cater to gathering high revenues for up to 1000 Hp engines.
Asia Pacific region dominates the overall global market. The region is observed raising high revenues for marine engines.
On the basis of application, the commercial vessels are expected to lead the overall market revenues owing to an increase in the marine trade and would benefit the sound growth of the Global marine engine market in the near future.
• Global Marine Engine Market Overview
• Global Marine Engine Market Outlook
• Global Marine Engine Market Forecast
• Historical Data of Marine Engine Market Revenues for the Period 2015-2018
• Global Marine Engine Market Size and Global Marine Engine Market Forecast of Revenues, Until 2025
• Historical Data of Global Marine Engine Market Revenues, by Power, for the Period 2015-2018
• Market Size & Forecast of Global Marine Engine Market Revenues, by Power, until 2025
• Historical Data of Global Marine Engine Market Revenues, By Applications, for the Period 2015-2018
• Market Size & Forecast of Global Marine Engine Market Revenues, By Applications, until 2025
• Historical Data of Global Marine Engine Market Revenues, by Fuel, for the Period 2015-2018
• Market Size & Forecast of Global Marine Engine Market Revenues, by Fuel, until 2025
• Historical Data of North America Marine Engine Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of North America Marine Engine Market Revenues, until 2025.
• Historical Data of Latin America Marine Engine Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Latin America Marine Engine Market Revenues, until 2025.
• Historical Data of Europe Marine Engine Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Europe Marine Engine Market Revenues, until 2025.
• Historical Data of Asia Pacific Marine Engine Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Asia Pacific Marine Engine Market Revenues, until 2025.
• Historical Data of the Middle East & Africa Marine Engine Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of the Middle East & Africa Marine Engine Market Revenues, until 2025.
• Market Drivers and Restraints
• Global Marine Engine Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Global Marine Engine Market Share, By Regions
• Global Marine Engine Market Share, By Players
• Global Marine Engine Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations
The Global marine engine market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Global Marine Engine Market Overview |
3.1 Global Marine Engine Market Revenues, 2015-2025F |
3.2 Global Marine Engine Market Revenue Share, By Power, 2018 & 2025F |
3.3 Global Marine Engine Market Revenue Share, By Applications, 2018 & 2025F |
3.4 Global Marine Engine Market Revenue Share, By Fuel, 2018 & 2025F |
3.5 Global Marine Engine Market Revenue Share, By Regions, 2018 & 2025F |
3.6 Global Marine Engine Market Industry Life Cycle |
3.7 Global Marine Engine Market- Porter's Five Forces |
4. Global Marine Engine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Global Marine Engine Market Trends |
6. Global Marine Engine Market Overview, By Power |
6.1 Global Upto 1000 Hp Market Revenues, 2015-2025F |
6.2 Global 1001 Hp to 5000 Hp Market Revenues, 2015-2025F |
6.3 Global 5001 Hp to 10000 Hp Market Revenues, 2015-2025F |
6.4 Global 10001 Hp to 20000 Hp Market Revenues, 2015-2025F |
6.5 Global Above 20000 Hp Market Revenues, 2015-2025F |
7. Global Marine Engine Market Overview, By Applications |
7.1 Global Commercial Vessels Market Revenues, 2015-2025F |
7.2 Global Offshore Support Vessels Market Revenues, 2015-2025F |
7.3 Global Other Vessels Market Revenues, 2015-2025F |
8. Global Marine Engine Market Overview, By Fuel |
8.1 Global Marine Engine Market Revenues, Heavy Fuel Oil 2015-2025F |
8.2 Global Marine Engine Market Revenues, By Intermediate Fuel Oil, 2015-2025F |
8.3 Global Marine Engine Market Revenues, By Marine Diesel Oil, 2015-2025F |
8.4 Global Marine Engine Market Revenues, By Marine Gas Oil, 2015-2025F |
8.5 Global Marine Engine Market Revenues, By Other Fuels, 2015-2025F |
9. North America Marine Engine Market Overview |
9.1 North America Marine Engine Market Revenues, 2015-2025F |
9.2 North America Marine Engine Market Revenues, By Power, 2015-2025F |
9.3 North America Marine Engine Market Revenues, By Applications, 2015-2025F |
9.4 North America Marine Engine Market Revenues, By Fuel, 2015-2025F |
9.5 North America Marine Engine Market Revenues, By Countries, 2015-2025F |
10. Latin America Marine Engine Market Overview |
10.1 Latin America Marine Engine Market Revenues, 2015-2025F |
10.2 Latin America Marine Engine Market Revenues, By Power, 2015-2025F |
10.3 Latin America Marine Engine Market Revenues, By Applications, 2015-2025F |
10.4 Latin America Marine Engine Market Revenues, By Fuel, 2015-2025F |
10.5 Latin America Marine Engine Market Revenues, By Countries, 2015-2025F |
11. Europe Marine Engine Market Overview |
11.1 Europe Marine Engine Market Revenues, 2015-2025F |
11.2 Europe Marine Engine Market Revenues, By Power, 2015-2025F |
11.3 Europe Marine Engine Market Revenues, By Applications, 2015-2025F |
11.4 Europe Marine Engine Market Revenues, By Fuel, 2015-2025F |
11.5 Europe Marine Engine Market Revenues, By Countries, 2015-2025F |
12. Asia Pacific Marine Engine Market Overview |
12.1 Asia Pacific Marine Engine Market Revenues, 2015-2025F |
12.2 Asia Pacific Marine Engine Market Revenues, By Power, 2015-2025F |
12.3 Asia Pacific Marine Engine Market Revenues, By Applications, 2015-2025F |
12.4 Asia Pacific Marine Engine Market Revenues, By Fuel, 2015-2025F |
12.5 Asia Pacific Marine Engine Market Revenues, By Countries, 2015-2025F |
13. The Middle East & Africa Marine Engine Market Overview |
13.1 the Middle East & Africa Marine Engine Market Revenues, 2015-2025F |
13.2 the Middle East & Africa Marine Engine Market Revenues, By Power, 2015-2025F |
13.3 the Middle East & Africa Marine Engine Market Revenues, By Applications, 2015-2025F |
13.4 the Middle East & Africa Marine Engine Market Revenues, By Fuel, 2015-2025F |
13.5 the Middle East & Africa Marine Engine Market Revenues, By Countries, 2015-2025F |
14. Global Marine Engine Market Opportunity Assessment |
14.1 Global Marine Engine Market Opportunity Assessment, By Power, 2025F |
14.2 Global Marine Engine Market Opportunity Assessment, By Applications, 2025F |
14.3 Global Marine Engine Market Opportunity Assessment, By Fuel, 2025F |
15. Global Marine Engine Market Competitive Landscape |
15.1 Global Marine Engine Market Revenue Share, By Companies, 2018 |
15.1.1 North America Marine Engine Market Revenue Share, By Companies, 2018 |
15.1.2 Latin America Marine Engine Market Revenue Share, By Companies, 2018 |
15.1.3 Europe Marine Engine Market Revenue Share, By Companies, 2018 |
15.1.4 Asia-Pacific Marine Engine Market Revenue Share, By Companies, 2018 |
15.1.5 MEA Marine Engine Market Revenue Share, By Companies, 2018 |
15.2 Global Marine Engine Market Competitive Benchmarking, By Operating Parameters |
16. Company Profiles |
17. Strategic Recommendations |
18. Disclaimer |