| Product Code: ETC12919393 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Philippines continued to rely on imports of marine internal combustion engines in 2024, with top exporters being Thailand, China, Singapore, Malaysia, and Vietnam. Despite a modest compound annual growth rate of 0.93% from 2020 to 2024, the market experienced a significant decline in growth rate from 2023 to 2024 at -41.01%. The high concentration of market share among a few key exporting countries, as indicated by the high Herfindahl-Hirschman Index (HHI), suggests a competitive landscape that may impact pricing and market dynamics in the coming years.

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 Philippines Marine Internal Combustion Engine Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Marine Internal Combustion Engine Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Marine Internal Combustion Engine Market - Industry Life Cycle |
3.4 Philippines Marine Internal Combustion Engine Market - Porter's Five Forces |
3.5 Philippines Marine Internal Combustion Engine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Marine Internal Combustion Engine Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.7 Philippines Marine Internal Combustion Engine Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Marine Internal Combustion Engine Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Philippines Marine Internal Combustion Engine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Marine Internal Combustion Engine Market Trends |
6 Philippines Marine Internal Combustion Engine Market, By Types |
6.1 Philippines Marine Internal Combustion Engine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Marine Internal Combustion Engine Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Philippines Marine Internal Combustion Engine Market Revenues & Volume, By 2-Stroke Engine, 2021 - 2031F |
6.1.4 Philippines Marine Internal Combustion Engine Market Revenues & Volume, By 4-Stroke Engine, 2021 - 2031F |
6.1.5 Philippines Marine Internal Combustion Engine Market Revenues & Volume, By Hybrid Engine, 2021 - 2031F |
6.2 Philippines Marine Internal Combustion Engine Market, By Fuel Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Marine Internal Combustion Engine Market Revenues & Volume, By Diesel, 2021 - 2031F |
6.2.3 Philippines Marine Internal Combustion Engine Market Revenues & Volume, By LNG, 2021 - 2031F |
6.2.4 Philippines Marine Internal Combustion Engine Market Revenues & Volume, By Dual Fuel, 2021 - 2031F |
6.3 Philippines Marine Internal Combustion Engine Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Marine Internal Combustion Engine Market Revenues & Volume, By Cargo Ships, 2021 - 2031F |
6.3.3 Philippines Marine Internal Combustion Engine Market Revenues & Volume, By Cruise Ships, 2021 - 2031F |
6.3.4 Philippines Marine Internal Combustion Engine Market Revenues & Volume, By Naval Vessels, 2021 - 2031F |
6.4 Philippines Marine Internal Combustion Engine Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Philippines Marine Internal Combustion Engine Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.4.3 Philippines Marine Internal Combustion Engine Market Revenues & Volume, By Tourism, 2021 - 2031F |
6.4.4 Philippines Marine Internal Combustion Engine Market Revenues & Volume, By Military, 2021 - 2031F |
7 Philippines Marine Internal Combustion Engine Market Import-Export Trade Statistics |
7.1 Philippines Marine Internal Combustion Engine Market Export to Major Countries |
7.2 Philippines Marine Internal Combustion Engine Market Imports from Major Countries |
8 Philippines Marine Internal Combustion Engine Market Key Performance Indicators |
9 Philippines Marine Internal Combustion Engine Market - Opportunity Assessment |
9.1 Philippines Marine Internal Combustion Engine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Marine Internal Combustion Engine Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.3 Philippines Marine Internal Combustion Engine Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Marine Internal Combustion Engine Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Philippines Marine Internal Combustion Engine Market - Competitive Landscape |
10.1 Philippines Marine Internal Combustion Engine Market Revenue Share, By Companies, 2024 |
10.2 Philippines Marine Internal Combustion Engine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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