Product Code: ETC429380 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
India Marine Propulsion Systems market currently, in 2023, has witnessed an HHI of 8746, Which has increased moderately as compared to the HHI of 3490 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
India marine propulsion systems market has gained significance as the country seeks to strengthen its maritime capabilities and expand its naval and commercial fleets. Propulsion systems, including engines and propulsion technology, are vital for the maritime industry. With an emphasis on indigenous manufacturing and technological advancements, India has made strides in developing and adopting modern marine propulsion solutions.
The marine propulsion systems market in India is driven by the country`s expanding maritime and shipping industries. India extensive coastline and increasing seaborne trade contribute to the demand for marine propulsion systems, including engines, propellers, and thrusters. Environmental regulations and the shift toward cleaner and more efficient propulsion technologies are also driving factors.
The India Marine Propulsion Systems Market faces challenges concerning environmental regulations, fuel efficiency, and technological advancements. Stringent environmental regulations aim to reduce emissions and improve fuel efficiency in marine vessels, pushing manufacturers to invest in innovative propulsion systems. Adapting to these changes while remaining cost-effective is a major challenge for the industry.
The marine propulsion systems market in India was impacted by the pandemic, with a slowdown in the shipping and marine industries. Businesses in this market adapted by offering more fuel-efficient systems, focusing on maintenance and repair services, and exploring opportunities in the emerging green shipping sector.
The India marine propulsion systems market sees the active participation of significant players such as Kirloskar Proprietary Limited, W?rtsil? India Limited, Rolls-Royce India Pvt. Ltd., and Caterpillar India Pvt. Ltd. These companies are instrumental in providing advanced marine propulsion solutions, helping to meet the demands of India maritime and shipping industries.
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 India Marine Propulsion Systems Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Marine Propulsion Systems Market Revenues & Volume, 2021 & 2031F |
3.3 India Marine Propulsion Systems Market - Industry Life Cycle |
3.4 India Marine Propulsion Systems Market - Porter's Five Forces |
3.5 India Marine Propulsion Systems Market Revenues & Volume Share, By By Product, 2021 & 2031F |
3.6 India Marine Propulsion Systems Market Revenues & Volume Share, By By Power, 2021 & 2031F |
3.7 India Marine Propulsion Systems Market Revenues & Volume Share, By By Technology, 2021 & 2031F |
3.8 India Marine Propulsion Systems Market Revenues & Volume Share, By By Propulsion, 2021 & 2031F |
3.9 India Marine Propulsion Systems Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 India Marine Propulsion Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Marine Propulsion Systems Market Trends |
6 India Marine Propulsion Systems Market, By Types |
6.1 India Marine Propulsion Systems Market, By By Product |
6.1.1 Overview and Analysis |
6.1.2 India Marine Propulsion Systems Market Revenues & Volume, By By Product, 2021-2031F |
6.1.3 India Marine Propulsion Systems Market Revenues & Volume, By Diesel, 2021-2031F |
6.1.4 India Marine Propulsion Systems Market Revenues & Volume, By Wind & Solar, 2021-2031F |
6.1.5 India Marine Propulsion Systems Market Revenues & Volume, By Gas Turbine, 2021-2031F |
6.1.6 India Marine Propulsion Systems Market Revenues & Volume, By Fuel Cell, 2021-2031F |
6.1.7 India Marine Propulsion Systems Market Revenues & Volume, By Steam Turbine, 2021-2031F |
6.1.8 India Marine Propulsion Systems Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.2 India Marine Propulsion Systems Market, By By Power |
6.2.1 Overview and Analysis |
6.2.2 India Marine Propulsion Systems Market Revenues & Volume, By Below 1,000 HP, 2021-2031F |
6.2.3 India Marine Propulsion Systems Market Revenues & Volume, By 1,001-5,000 HP, 2021-2031F |
6.2.4 India Marine Propulsion Systems Market Revenues & Volume, By 5,001-10,000 HP, 2021-2031F |
6.2.5 India Marine Propulsion Systems Market Revenues & Volume, By 10,001-20,000 HP, 2021-2031F |
6.2.6 India Marine Propulsion Systems Market Revenues & Volume, By Above 20,000 HP, 2021-2031F |
6.3 India Marine Propulsion Systems Market, By By Technology |
6.3.1 Overview and Analysis |
6.3.2 India Marine Propulsion Systems Market Revenues & Volume, By Low Speed, 2021-2031F |
6.3.3 India Marine Propulsion Systems Market Revenues & Volume, By Medium Speed, 2021-2031F |
6.3.4 India Marine Propulsion Systems Market Revenues & Volume, By High Speed, 2021-2031F |
6.4 India Marine Propulsion Systems Market, By By Propulsion |
6.4.1 Overview and Analysis |
6.4.2 India Marine Propulsion Systems Market Revenues & Volume, By 2 Stroke, 2021-2031F |
6.4.3 India Marine Propulsion Systems Market Revenues & Volume, By 4 Stroke, 2021-2031F |
6.5 India Marine Propulsion Systems Market, By By Application |
6.5.1 Overview and Analysis |
6.5.2 India Marine Propulsion Systems Market Revenues & Volume, By Commercial, 2021-2031F |
6.5.3 India Marine Propulsion Systems Market Revenues & Volume, By Offshore, 2021-2031F |
6.5.4 India Marine Propulsion Systems Market Revenues & Volume, By Recreational, 2021-2031F |
6.5.5 India Marine Propulsion Systems Market Revenues & Volume, By Navy, 2021-2031F |
6.5.6 India Marine Propulsion Systems Market Revenues & Volume, By Others, 2021-2031F |
7 India Marine Propulsion Systems Market Import-Export Trade Statistics |
7.1 India Marine Propulsion Systems Market Export to Major Countries |
7.2 India Marine Propulsion Systems Market Imports from Major Countries |
8 India Marine Propulsion Systems Market Key Performance Indicators |
9 India Marine Propulsion Systems Market - Opportunity Assessment |
9.1 India Marine Propulsion Systems Market Opportunity Assessment, By By Product, 2021 & 2031F |
9.2 India Marine Propulsion Systems Market Opportunity Assessment, By By Power, 2021 & 2031F |
9.3 India Marine Propulsion Systems Market Opportunity Assessment, By By Technology, 2021 & 2031F |
9.4 India Marine Propulsion Systems Market Opportunity Assessment, By By Propulsion, 2021 & 2031F |
9.5 India Marine Propulsion Systems Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 India Marine Propulsion Systems Market - Competitive Landscape |
10.1 India Marine Propulsion Systems Market Revenue Share, By Companies, 2024 |
10.2 India Marine Propulsion Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |