Marine Hybrid Propulsion System Market Research Report Forecast to 2030

The marine hybrid propulsion system Market is anticipated to register a CAGR of 9.26% during the review period. During the time of estimating, the market will be driven by a few market drivers, remembering an increment for the development of freight boats and business and safeguard sends, an ascent in the interest for eco-friendly systems in the oceanic business, severe guidelines, and guidelines regarding fuel outflows from sea exercises, and a huge expansion in the financial plans dispensed to maritime guard.

The marine hybrid propulsion system market CAGR is growing because of expanded worldwide exchange. Most things that are exchanged worldwide are shipped by boats and freight vessels. Vessels with changing power necessities have better eco-friendliness on account of hybrid propulsion. The oceanic travel industry area has been developing over the long run-on account of rising extra cash and individuals' rising inclination to burn through cash on sea recreation exercises. Subsequently, extravagance yachts and traveler journey ships are currently used more consistently. Voyage Lines Global Affiliation (CLIA), one of the significant exchange associations for the journey business, attested in its report that the journey area has been growing reliably over the long run.

Market Segmentation

Commercial, logistics, offshore drilling, naval, and other applications are included in the market segmentation for marine hybrid propulsion systems.

Based on deadweight, the market is divided into three categories namely Less than 5,000 DWT, 5,000-10,000 DWT, and More than 10,000 DWT.

Diesel-electric, Gas-electric, and other types of hybrid propulsion systems are included in the market segmentation for marine applications.

Regional Insights

The Asia-Pacific marine hybrid propulsion system market region will rule this market. The market will be driven by quickly expanding exchange between countries, propelling innovation, and moving fuel costs. The Asia Pacific area's quickest developing country is anticipated to be India. This is principally a consequence of developing clinical the travel industry, expanding information on possibilities considering agreements and outsiders, and extending business and vacationer areas.

Europe's marine hybrid propulsion system market represents the second-biggest market share. The deep-rooted shipbuilding area, which makes complex military vessels including ships, voyage ships, uber yachts, and submarines, is credited with the development.

The North American marine hybrid propulsion system Market is supposed to develop at the quickest CAGR from 2023 to 2030. The market in the North American area is extending essentially because of developing exchange and the travel industry, longing for eco-friendly innovation, and severe discharge regulations.

Major Players

Key Companies in the marine hybrid propulsion system market are Mitsubishi Heavy Industries Ltd. (Japan), Siemens Torqeedo GmbH (Germany), AG (Germany), ABB Ltd. (Switzerland), Caterpillar Inc. (U.S.), General Electric Company (U.S.), Wartsila Corporation (Finland), BAE Systems (U.K), Steyr Motors GmbH (Austria), Schottel GmbH (Germany) MAN Diesel & Turbo SE (Germany), and Rolls-Royce plc (U.K.).

Product Code: MRFR/E&P/3823-HCR

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

1.1 GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET, BY TYPE
1.2 GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET, BY DEADWEIGHT
- 1.2.1 GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET, BY APPLICATION
- 1.2.2 GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET, BY SHIP TYPE
- 1.2.3 GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP DOWN & BOTTOM-UP APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 INCREASING DEMAND FOR ELECTRIC PROPULSION TECHNOLOGY IN SHIPBUILDING
- 4.2.2 GROWING SEABORNE TRADE ACTIVITIES
- 4.2.3 DRIVERS IMPACT ANALYSIS
4.3 RESTRAINTS
- 4.3.1 VOLATILITY IN CRUDE OIL PRICES
- 4.3.2 RESTRAINTS IMPACT ANALYSIS
4.4 OPPORTUNITIES
- 4.4.1 GROWING COLLABORATION AND ACQUISITION COUPLED WITH INNOVATIONS
4.5 IMPACT OF COVID-19 ON GLOBAL ECONOMY
4.6 IMPACT OF COVID-19 ON THE GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET
4.7 SUPPLY CHAIN IMPACT
- 4.7.1 IMPACT ON MANUFACTURER/DEVELOPER
- 4.7.2 IMPACT ON COMPONENT/SERVICES SUPPLIER
- 4.7.3 IMPACT ON DISTRIBUTION/LOGISTICS
- 4.7.4 IMPACT ON CONSUMER

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY/VALUE CHAIN ANALYSIS
- 5.1.1 R&D
- 5.1.2 MANUFACTURING
- 5.1.3 DISTRIBUTION & SALES
- 5.1.4 POST-SALES MONITORING
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 BARGAINING POWER OF BUYERS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 INTENSITY OF RIVALRY

6 GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET, BY TYPE

6.1 OVERVIEW
6.2 GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET SIZE, MARKET ESTIMATES & FORECAST BY TYPE, 2023-2030
- 6.2.1 GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET SIZE: MARKET ESTIMATES & FORECAST BY TYPE, 2023-2030

7 GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET, BY DEADWEIGHT

7.1 OVERVIEW
7.2 GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET SIZE: MARKET ESTIMATES & FORECAST BY DEADWEIGHT, 2023-2030
- 7.2.1 GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET SIZE: MARKET ESTIMATES & FORECAST BY DEADWEIGHT, 2023-2030

8 GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET, BY APPLICATION

8.1 OVERVIEW
8.2 GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET SIZE: MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2030
- 8.2.1 GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET SIZE: MARKET ESTIMATES & FORECAST BY APPLICATION, 2023-2030

9 GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET, BY SHIP TYPE

9.1 OVERVIEW
9.2 GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET SIZE: MARKET ESTIMATES & FORECAST BY SHIP TYPE, 2023-2030
- 9.2.1 GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET SIZE: MARKET ESTIMATES & FORECAST BY SHIP TYPE, 2023-2030

10 GLOBAL DRONE LOGISTICS AND TRANSPORATION MARKET, BY REGION

10.1 OVERVIEW
10.2 NORTH AMERICA
- 10.2.1 U.S.
- 10.2.2 CANADA
- 10.2.3 MEXICO
10.3 EUROPE
- 10.3.1 GERMANY
- 10.3.2 RUSSIA
- 10.3.3 UK
- 10.3.4 ITALY
- 10.3.5 SPAIN
- 10.3.6 REST OF EUROPE
10.4 ASIA PACIFIC
- 10.4.1 CHINA
- 10.4.2 INDIA
- 10.4.3 JAPAN
- 10.4.4 SOUTH KOREA
- 10.4.5 REST OF ASIA PACIFIC
10.5 MIDDLE EAST & AFRICA
- 10.5.1 SAUDI ARABIA
- 10.5.2 UAE
- 10.5.3 SOUTH AFRICA
- 10.5.4 REST OF MIDDLE EAST & AFRICA
10.6 SOUTH AMERICA
- 10.6.1 BRAZIL
- 10.6.2 ARGENTINA
- 10.6.3 REST OF SOUTH AMERICA

11 COMPETITIVE LANDSCAPE

11.1 COMPETITIVE OVERVIEW
11.2 COMPETITIVE BENCHMARKING
11.3 MAJOR PLAYERS IN THE GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET
11.1 MAJOR GROWTH STRATEGIES IN THE GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET
11.2 LEADING PLAYERS IN TERMS OF THE NUMBER OF DEVELOPMENTS IN THE GLOBAL MARINE HYBRID PROPULSION SYSTEM MARKET
11.3 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 11.3.1 CONTRACTS AND PRODUCT INTEGRATIONS
- 11.3.2 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
- 11.3.3 ACQUISITION

12 COMPANY PROFILES

12.1 GENERAL ELECTRIC COMPANY
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 FINANCIAL OVERVIEW
- 12.1.3 PRODUCTS/SERVICES OFFERED
- 12.1.4 KEY DEVELOPMENTS
- 12.1.5 SWOT ANALYSIS
- 12.1.6 KEY STRATEGIES
12.2 ROLLS-ROYCE PLC
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 FINANCIAL OVERVIEW
- 12.2.3 PRODUCTS OFFERED
- 12.2.4 KEY DEVELOPMENTS
- 12.2.5 SWOT ANALYSIS
- 12.2.6 KEY STRATEGIES
12.3 SIEMENS AG
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 FINANCIAL OVERVIEW
- 12.3.3 PRODUCTS/SERVICES OFFERED
- 12.3.4 KEY DEVELOPMENTS
- 12.3.5 SWOT ANALYSIS
- 12.3.6 KEY STRATEGIES
12.4 BAE SYSTEMS
- 12.4.1 COMPANY OVERVIEW
- 12.4.2 FINANCIAL OVERVIEW
- 12.4.3 PRODUCTS OFFERED
- 12.4.4 KEY DEVELOPMENTS
- 12.4.5 SWOT ANALYSIS
- 12.4.6 KEY STRATEGIES
12.5 MAN ENERGY SOLUTIONS SE
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 FINANCIAL OVERVIEW
- 12.5.3 PRODUCTS/SERVICES OFFERED
- 12.5.4 KEY DEVELOPMENTS
- 12.5.5 SWOT ANALYSIS
- 12.5.6 KEY STRATEGIES
12.6 MITSUBISHI HEAVY INDUSTRIES, LTD.
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 FINANCIAL OVERVIEW
- 12.6.3 PRODUCTS/SERVICES OFFERED
- 12.6.4 KEY DEVELOPMENTS
- 12.6.5 SWOT ANALYSIS
- 12.6.6 KEY STRATEGIES
12.7 WARTSILA OYJ ABP
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 FINANCIAL OVERVIEW
- 12.7.3 PRODUCTS/SERVICES OFFERED
- 12.7.4 KEY DEVELOPMENTS
- 12.7.5 SWOT ANALYSIS
- 12.7.6 KEY STRATEGIES
12.8 ABB
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 FINANCIAL OVERVIEW
- 12.8.3 PRODUCTS OFFERED
- 12.8.4 KEY DEVELOPMENTS
- 12.8.5 SWOT ANALYSIS
- 12.8.6 KEY STRATEGIES
12.9 CATERPILLAR INC.
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 FINANCIAL OVERVIEW
- 12.9.3 PRODUCTS/SERVICES OFFERED
- 12.9.4 KEY DEVELOPMENTS
- 12.9.5 SWOT ANALYSIS
- 12.9.6 KEY STRATEGIES
12.10 CUMMINS INC.
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 FINANCIAL OVERVIEW
- 12.10.3 PRODUCTS/SERVICES OFFERED
- 12.10.4 KEY DEVELOPMENTS
- 12.10.5 SWOT ANALYSIS
- 12.10.6 KEY STRATEGIES
12.11 THALES GROUP
- 12.11.1 COMPANY OVERVIEW
- 12.11.2 FINANCIAL OVERVIEW
- 12.11.3 PRODUCTS OFFERED
- 12.11.4 KEY DEVELOPMENTS
12.12 AB VOLVO PENTA
- 12.12.1 COMPANY OVERVIEW
- 12.12.2 FINANCIAL OVERVIEW
- 12.12.3 PRODUCTS OFFERED
- 12.12.4 KEY DEVELOPMENTS
12.13 ZF FRIEDRICHSHAFEN AG
- 12.13.1 COMPANY OVERVIEW
- 12.13.2 FINANCIAL OVERVIEW
- 12.13.3 PRODUCTS OFFERED
- 12.13.4 KEY DEVELOPMENTS
12.14 IHI POWER SYSTEMS CO., LTD.
- 12.14.1 COMPANY OVERVIEW
- 12.14.2 FINANCIAL OVERVIEW
- 12.14.3 PRODUCTS/SERVICES OFFERED
- 12.14.4 KEY DEVELOPMENTS
12.15 TORQEEDO GMBH
- 12.15.1 COMPANY OVERVIEW
- 12.15.2 FINANCIAL OVERVIEW
- 12.15.3 PRODUCTS OFFERED
- 12.15.4 KEY DEVELOPMENTS
12.16 MASSON-MARINE S.A.S
- 12.16.1 COMPANY OVERVIEW
- 12.16.2 FINANCIAL OVERVIEW
- 12.16.3 PRODUCTS/SERVICES OFFERED
- 12.16.4 KEY DEVELOPMENTS
12.17 ASPIN KEMP & ASSOCIATES INC.
- 12.17.1 COMPANY OVERVIEW
- 12.17.2 FINANCIAL OVERVIEW
- 12.17.3 PRODUCTS/SERVICES OFFERED
- 12.17.4 KEY DEVELOPMENTS
12.18 SCHOTTEL GMBH
- 12.18.1 COMPANY OVERVIEW
- 12.18.2 FINANCIAL OVERVIEW
- 12.18.3 PRODUCTS OFFERED
- 12.18.4 KEY DEVELOPMENTS

13 APPENDIX

13.1 REFERENCES