Marine Engines Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032

Report code : IS164, Status : Published, Published on: Oct, 2020, Pages : 200 Pages, Format : PDF/PPT/Excel

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Description

Marine engines are mechanical engines which helps in the supply of power to various types of auxiliary equipment, vessels, propulsion systems, generators and central systems to maritime undertakings and vehicles. Various types of marine engines are widely available in the market which helps in serving several distinct purposes of various marine systems and vehicles. Marine engines can be categorized depending upon different criteria such as the propulsion system type in utilization, fuel involved to power the engine, power range of the engine and other major applications.

The employment of renewable sources of energy including wind and solar energy to fulfill the auxiliary requirements of power is anticipated to increase over the coming years, thus in turn bolstering the growth of the global marine engines market. Increasing demand for effective as well as operationally reliable ships is projected to lead to modernization over the foreseeable years. Moreover, increasing emphasis on rising diesel engine capacity to drive advanced and new generation tanks with huge cargo holding capacities is further anticipated to propel the growth of the global marine engines market.

Increase in the number of relaxation marine travellers, advent of advanced technology and highly consistent engines, rapid expansion of the global seaborne transport industry, increasing per capita disposable incomes and economic stability are some of the key aspects driving the growth of the global that have driven the global marine engines market in the past few years. Although, strict governmental legislations and regulations concerning harmful emissions from marine engines as well as rising awareness across consumers regarding the demand for the adoption of greener fuels as well as depleting reserves of traditional fuels are more likely to bolster the growth of the global marine engines market.

The global marine engines market is anticipated to foresee large number of developments in products which conform to the stringent legislator regulations regarding the emission of gases as well as work with relatively greener fuels such as solar, LNG and wind power among others. Moreover, some of the other major factors contributing to the growth of the global market include easy availability of repair networks, spare parts, and trained professionals for repairing marine engines across the globe.

The global marine engines market can be segmented on the basis of fuel, power, application and geography. On the basis of fuel, the global marine engines market can be segmented into marine diesel oil, marine gas oil, heavy fuel oil, intermediate fuel oil and others. On the basis of power, the global marine engines market can be segmented into Up to 1,000 HP, 1,001 HP to 5,000 HP, 5,001 HP to 10,000 HP, 10,001 HP to 20,000 HP and above 20,000 HP. On the basis of application, the global marine engines market can be segmented into commercial vessels, offshore support vessels and other vessels. On the basis of geography, the global marine engines market can be segmented into North America, Europe, Asia-Pacific and Rest of the World.

Some of the key players in the global marine engines market include GM Powertrain, Caterpillar, Inc., Cummins Engines, Wartsila Corporation, Yamaha, Rolls Royce, Sinopec, Volvo Penta, Shell, Idemitsu, Hydrosta BV, Hydraulic Marine Systems, Exxon Mobil Corporation and Cummins among others.

Segmentation:

By Fuel

Marine Diesel Oil
Marine Gas Oil
Heavy Fuel Oil
Intermediate Fuel Oil
Others

By Power

By Application

Commercial Vessels
Offshore Support Vessels
Other Vessels

By Geography

North America
Europe
Asia Pacific
Middle East & Africa
South America

Table Of Content

Introduction
- Research Objectives
- Report Assumptions
- Research Methodology
- Abbreviations
Preface
- Market Definition
- Report Scope and Market Segmentation
- Research Highlights
Market Synopsis: Global Marine Engine Market
Global Marine Engine Market Qualitative Analysis
- Trends
  - Market trends
  - Technology Trends
- PESTLE Analysis (For 3 prominent countries)
- Market Influencers
  - Driving Forces
  - Hindering Forces
  - Opportunities
- COVID-19 impact
Global Marine Engine Market Analysis and Forecast, by Engine Type
- Overview and definitions
- Key segment analysis
- Global Marine Engine Market Estimates (US$ Mn), by Engine Type, 2019 – 2032
  - Auxiliary engine
  - Propulsion engine
  - Generator drive engine
  - Others

Global Marine Engine Market Analysis and Forecast, by Power Range
- Overview and definitions
- Key segment analysis
- Global Marine Engine Market Estimates (US$ Mn), by Power Range, 2019 – 2032
  - Up to 1000 HP
  - 1001 – 5000 hp
  - 5001 – 10000 hp
  - 10001 – 20000 hp
  - Above 20000 hp

Global Marine Engine Market Analysis and Forecast, by Vessel
- Overview and definitions
- Key segment analysis
- Global Marine Engine Market Estimates (US$ Mn), by Vessel, 2019 – 2032
  - Commercial
  - Offshore
  - Others

Global Marine Engine Market Analysis and Forecast, by Fuel Type
- Overview and definitions
- Key segment analysis
- Global Marine Engine Market Estimates (US$ Mn), by Fuel Type, 2019 – 2032
  - Marine Diesel Oil
  - Marine Gas Oil
  - Heavy Fuel Oil
  - Intermediate Fuel Oil
  - Others

Global Marine Engine Market Analysis and Forecast, by Stroke
- Overview and definitions
- Key segment analysis
- Global Marine Engine Market Estimates (US$ Mn), by Stroke, 2019 – 2032
  - Four Stroke
  - Two Stroke

Global Marine Engine Market Analysis and Forecast, by Region
- Overview and definitions
- Key segment analysis
- Global Marine Engine Market Estimates (US$ Mn), by Region, 2019 – 2032
  - North America
  - Europe
  - Asia Pacific
  - Middle East & Africa
  - South America

North America Marine Engine Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- North America Marine Engine Market Estimates (US$ Mn), by Engine Type, 2019 – 2032
  - Auxiliary engine
  - Propulsion engine
  - Generator drive engine
  - Others
- North America Marine Engine Market Estimates (US$ Mn), by Power Range, 2019 – 2032
  - Up to 1000 HP
  - 1001 – 5000 hp
  - 5001 – 10000 hp
  - 10001 – 20000 hp
  - Above 20000 hp
- North America Marine Engine Market Estimates (US$ Mn), by Vessel, 2019 – 2032
  - Commercial
  - Offshore
  - Others
- North America Marine Engine Market Estimates (US$ Mn), by Fuel Type, 2019 – 2032
  - Marine Diesel Oil
  - Marine Gas Oil
  - Heavy Fuel Oil
  - Intermediate Fuel Oil
  - Others
- North America Marine Engine Market Estimates (US$ Mn), by Stroke, 2019 – 2032
  - Four Stroke
  - Two Stroke
- North America Marine Engine Market Estimates (US$ Mn), Country, 2019 – 2032
  - The U.S.
  - Canada
  - Rest of North America

Europe Marine Engine Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Europe Marine Engine Market Estimates (US$ Mn), by Engine Type, 2019 – 2032
  - Auxiliary engine
  - Propulsion engine
  - Generator drive engine
  - Others
- Europe Marine Engine Market Estimates (US$ Mn), by Power Range, 2019 – 2032
  - Up to 1000 HP
  - 1001 – 5000 hp
  - 5001 – 10000 hp
  - 10001 – 20000 hp
  - Above 20000 hp
- Europe Marine Engine Market Estimates (US$ Mn), by Vessel, 2019 – 2032
  - Commercial
  - Offshore
  - Others
- Europe Marine Engine Market Estimates (US$ Mn), by Fuel Type, 2019 – 2032
  - Marine Diesel Oil
  - Marine Gas Oil
  - Heavy Fuel Oil
  - Intermediate Fuel Oil
  - Others
- Europe Marine Engine Market Estimates (US$ Mn), by Stroke, 2019 – 2032
  - Four Stroke
  - Two Stroke
- Europe Marine Engine Market Estimates (US$ Mn), Country, 2019 – 2032
  - Germany
  - United Kingdom
  - Italy
  - France
  - Spain
  - Rest of Europe

Asia Pacific Marine Engine Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Asia Pacific Marine Engine Market Estimates (US$ Mn), by Engine Type, 2019 – 2032
  - Auxiliary engine
  - Propulsion engine
  - Generator drive engine
  - Others
- Asia Pacific Marine Engine Market Estimates (US$ Mn), by Power Range, 2019 – 2032
  - Up to 1000 HP
  - 1001 – 5000 hp
  - 5001 – 10000 hp
  - 10001 – 20000 hp
  - Above 20000 hp
- Asia Pacific Marine Engine Market Estimates (US$ Mn), by Vessel, 2019 – 2032
  - Commercial
  - Offshore
  - Others
- Asia Pacific Marine Engine Market Estimates (US$ Mn), by Fuel Type, 2019 – 2032
  - Marine Diesel Oil
  - Marine Gas Oil
  - Heavy Fuel Oil
  - Intermediate Fuel Oil
  - Others
- Asia Pacific Marine Engine Market Estimates (US$ Mn), by Stroke, 2019 – 2032
  - Four Stroke
  - Two Stroke
- Asia Pacific Marine Engine Market Estimates (US$ Mn), Country, 2019 – 2032
  - Japan
  - India
  - China
  - Australia
  - Rest of Asia Pacific

Middle East & Africa Marine Engine Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Middle East & Africa Marine Engine Market Estimates (US$ Mn), by Engine Type, 2019 – 2032
  - Auxiliary engine
  - Propulsion engine
  - Generator drive engine
  - Others
- Middle East & Africa Marine Engine Market Estimates (US$ Mn), by Power Range, 2019 – 2032
  - Up to 1000 HP
  - 1001 – 5000 hp
  - 5001 – 10000 hp
  - 10001 – 20000 hp
  - Above 20000 hp
- Middle East & Africa Marine Engine Market Estimates (US$ Mn), by Vessel, 2019 – 2032
  - Commercial
  - Offshore
  - Others
- Middle East & Africa Marine Engine Market Estimates (US$ Mn), by Fuel Type, 2019 – 2032
  - Marine Diesel Oil
  - Marine Gas Oil
  - Heavy Fuel Oil
  - Intermediate Fuel Oil
  - Others
- Middle East & Africa Marine Engine Market Estimates (US$ Mn), by Stroke, 2019 – 2032
  - Four Stroke
  - Two Stroke
- Middle East & Africa Marine Engine Market Estimates (US$ Mn), Country, 2019 – 2032
  - Saudi Arabia
  - UAE
  - South Africa
  - Rest of Middle East

South America Marine Engine Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- South America Marine Engine Market Estimates (US$ Mn), by Engine Type, 2019 – 2032
  - Auxiliary engine
  - Propulsion engine
  - Generator drive engine
  - Others
- South America Marine Engine Market Estimates (US$ Mn), by Power Range, 2019 – 2032
  - Up to 1000 HP
  - 1001 – 5000 hp
  - 5001 – 10000 hp
  - 10001 – 20000 hp
  - Above 20000 hp
- South America Marine Engine Market Estimates (US$ Mn), by Vessel, 2019 – 2032
  - Commercial
  - Offshore
  - Others
- South America Marine Engine Market Estimates (US$ Mn), by Fuel Type, 2019 – 2032
  - Marine Diesel Oil
  - Marine Gas Oil
  - Heavy Fuel Oil
  - Intermediate Fuel Oil
  - Others
- South America Marine Engine Market Estimates (US$ Mn), by Stroke, 2019 – 2032
  - Four Stroke
  - Two Stroke
- South America Marine Engine Market Estimates (US$ Mn), Country, 2019 – 2032
  - Brazil
  - Rest of South America

Competition Analysis – Marine Engine Market
- Market Composition
- Market Share Analysis (%), by Supplier (2022)
- Company Profiles
  - GM Powertrain
    - Business overview
    - Geographic presence
    - Product portfolio
    - Financial facts
    - Relevant news and strategic view
  - Caterpillar, Inc.
  - Cummins Engines
  - Wartsila Corporation
  - Yamaha
  - Rolls Royce
  - GE Transportation
  - Volvo Penta
  - Shell
  - MAN SE
  - Hydraulic Marine Systems
  - Hyundai Heavy Industries
  - Mitsubishi Heavy Industries
  - Exxon Mobil Corporation

Conclusion & Recommendations

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Frequently asked questions about this report

What are the factors driving the Marine Engines market?

increasing emphasis on rising diesel engine capacity to drive advanced and new generation tanks with huge cargo holding capacities is further anticipated to propel the growth of the global marine engines market.

Who are the key players in Marine Engines market?

Some key players operating in the Marine Engines market include GM Powertrain, Caterpillar, Inc., Cummins Engines, Wartsila Corporation, Yamaha, Rolls Royce, Sinopec, Volvo Penta, Shell, Idemitsu, Hydrosta BV, Hydraulic Marine Systems, Exxon Mobil Corporation and Cummins among others..

What segments are covered in the Marine Engines market report?

The global Marine Engines market segmented on the basis of Fuel, power,Application and Geographya.