| Product Code: ETC5682100 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The marine engines import market in Saint Vincent and the Grenadines saw a significant boost in 2023, with top exporters including the United States, Japan, Br. Virgin Isds, Saint Lucia, and Canada. Despite the high Herfindahl-Hirschman Index (HHI) indicating a concentrated market, the compound annual growth rate (CAGR) of 55.28% and a growth rate of 151.14% reflect a rapidly expanding sector. This data suggests a strong demand for marine engines in the region, with key players vying for market share and driving growth in the industry.

In the North America region, the Marine Engines market in St. Vincent and the Grenadines is projected to expand at a stable growth rate of 1.92% by 2027. The largest economy is United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Saint Vincent and the Grenadines Marine Engines Market Overview |
3.1 Saint Vincent and the Grenadines Country Macro Economic Indicators |
3.2 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume, 2021 & 2031F |
3.3 Saint Vincent and the Grenadines Marine Engines Market - Industry Life Cycle |
3.4 Saint Vincent and the Grenadines Marine Engines Market - Porter's Five Forces |
3.5 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume Share, By Power Range, 2021 & 2031F |
3.6 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume Share, By Vessel, 2021 & 2031F |
3.7 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume Share, By Fuel, 2021 & 2031F |
3.8 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume Share, By Engine, 2021 & 2031F |
3.9 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Saint Vincent and the Grenadines Marine Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for marine transportation services |
4.2.2 Growth in the tourism industry leading to higher demand for marine vessels |
4.2.3 Government initiatives to promote maritime activities |
4.3 Market Restraints |
4.3.1 High initial cost of marine engines and equipment |
4.3.2 Fluctuating fuel prices affecting operating costs |
4.3.3 Stringent environmental regulations impacting engine technology advancements |
5 Saint Vincent and the Grenadines Marine Engines Market Trends |
6 Saint Vincent and the Grenadines Marine Engines Market Segmentations |
6.1 Saint Vincent and the Grenadines Marine Engines Market, By Power Range |
6.1.1 Overview and Analysis |
6.1.2 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume, By Up to 1,000 hp, 2021-2031F |
6.1.3 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume, By 1,001 ? ?? 5,000 hp, 2021-2031F |
6.1.4 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume, By 5,001 ? ?? 10,000 hp, 2021-2031F |
6.1.5 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume, By 10,001 ? ?? 20,000 hp, 2021-2031F |
6.1.6 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume, By Above 20,000 hp, 2021-2031F |
6.2 Saint Vincent and the Grenadines Marine Engines Market, By Vessel |
6.2.1 Overview and Analysis |
6.2.2 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume, By Offshore support, 2021-2031F |
6.2.4 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume, By Others, 2021-2031F |
6.3 Saint Vincent and the Grenadines Marine Engines Market, By Fuel |
6.3.1 Overview and Analysis |
6.3.2 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume, By Heavy Fuel Oil, 2021-2031F |
6.3.3 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume, By Intermediate Fuel Oil, 2021-2031F |
6.3.4 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume, By Marine Diesel Oil, 2021-2031F |
6.3.5 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume, By Marine Gas Oil, 2021-2031F |
6.3.6 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume, By Others, 2021-2031F |
6.4 Saint Vincent and the Grenadines Marine Engines Market, By Engine |
6.4.1 Overview and Analysis |
6.4.2 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume, By Propulsion, 2021-2031F |
6.4.3 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume, By Auxiliary, 2021-2031F |
6.5 Saint Vincent and the Grenadines Marine Engines Market, By Type |
6.5.1 Overview and Analysis |
6.5.2 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume, By Two-stroke, 2021-2031F |
6.5.3 Saint Vincent and the Grenadines Marine Engines Market Revenues & Volume, By Four-stroke, 2021-2031F |
7 Saint Vincent and the Grenadines Marine Engines Market Import-Export Trade Statistics |
7.1 Saint Vincent and the Grenadines Marine Engines Market Export to Major Countries |
7.2 Saint Vincent and the Grenadines Marine Engines Market Imports from Major Countries |
8 Saint Vincent and the Grenadines Marine Engines Market Key Performance Indicators |
8.1 Average age of marine engines in the market |
8.2 Adoption rate of eco-friendly marine engine technologies |
8.3 Number of new marine engine installations |
8.4 Average fuel efficiency of marine engines |
8.5 Frequency of maintenance and servicing of marine engines |
9 Saint Vincent and the Grenadines Marine Engines Market - Opportunity Assessment |
9.1 Saint Vincent and the Grenadines Marine Engines Market Opportunity Assessment, By Power Range, 2021 & 2031F |
9.2 Saint Vincent and the Grenadines Marine Engines Market Opportunity Assessment, By Vessel, 2021 & 2031F |
9.3 Saint Vincent and the Grenadines Marine Engines Market Opportunity Assessment, By Fuel, 2021 & 2031F |
9.4 Saint Vincent and the Grenadines Marine Engines Market Opportunity Assessment, By Engine, 2021 & 2031F |
9.5 Saint Vincent and the Grenadines Marine Engines Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Saint Vincent and the Grenadines Marine Engines Market - Competitive Landscape |
10.1 Saint Vincent and the Grenadines Marine Engines Market Revenue Share, By Companies, 2024 |
10.2 Saint Vincent and the Grenadines Marine Engines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |