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Market Research Report
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1028251

Marine Engine Market: Current Analysis and Forecast (2021-2027)

Published: | UnivDatos Market Insights Pvt Ltd | 340 Pages | Delivery time: 1-2 business days

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Marine Engine Market: Current Analysis and Forecast (2021-2027)
Published: August 1, 2021
UnivDatos Market Insights Pvt Ltd
Content info: 340 Pages
Delivery time: 1-2 business days
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  • Description
  • Table of Contents
Description

Marine transport sector is considered as the pillar of international trade. According to the International Chamber of Shipping (United Kingdom), more than 90% of the global merchandise trade in terms of volume is conceded via sea/ocean. Cost of transportation via sea is considered cheaper compared to that of rail and road transport. Asia-Pacific is considered as the leading supplier of manufactured goods, thus, the overall demand for container ships is significantly high in the Asia-Pacific region. Most shipbuilding companies, including manufacturers of propulsion systems and engines, are headquartered in the Asia-Pacific region. Thus, the demand for maritime transport services and the growth of the shipping industry in the Asia-Pacific region is expected to provide ample growth opportunity for the marine engines manufacturers during the forecast period 2021-2027.

Based on power range the global marine engine market is bifurcated into >1000 HP, 1001-5000 HP, 5001-10000 HP, 10001-20000 HP and Above 20000 HP. Current, 5001-10000 HP segment dominated the market, however XX segment is expected to witness highest CAGR growth during the forecast period 2021-2027. Based on Type, the market is bifurcated into Two-stroke and Four-stroke marine engine. In 2020, Two-stroke segment dominated the market, however Four-stroke segment is expected to witness highest CAGR growth during the forecast period.

Based on Engine, the market is bifurcated into Propulsion Engine and Auxiliary Engine. Current, Propulsion Engine segment dominated the market, however XX segment is expected to witness highest CAGR growth during the forecast period 2021-2027.

Based on Vessel type, the market is segmented into Commercial Vessel, Offshore Support Vessel, Others. In 2020, Commercial Vessel segment dominated the market, however XX segment is expected to witness highest CAGR growth during the forecast period.

Based on Fuel, the report segments the market into Heavy Fuel oil, Intermediate Fuel Oil, Marine Diesel Oil, Marine Gas Oil, Other. Current, Heavy Fuel oil segment dominated the market, however XX segment is expected to witness highest CAGR growth during the forecast period 2021-2027.

For better understanding of the market, the report provides detail analysis for major region and country including North America (US, Canada, rest of North America); Europe (Germany, UK, France, Spain, rest of Europe); Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific) and Rest of World. Currently North America dominated the market and is expected to maintain its dominance throughout the forecast period. However, Asia-Pacific is expected to witness highest CAGR growth during the forecast period.

Some of the major companies operating in the global marine engine market includes Hyundai Heavy Industries, Caterpillar, MAN SE, Mitsubishi Heavy Industries, Volvo Penta, Rolls-Royce, Cummins, Wartsila, GE Transportation, Deutz AG.

Table of Contents
Product Code: UMEP21378

TABLE OF CONTENTS

1 MARKET INTRODUCTION

  • 1.1. Market Definitions
  • 1.2. Limitation
  • 1.3. Stake Holders
  • 1.4. Currency Used in Report

2 RESEARCH METHODOLOGY OR ASSUMPTION

  • 2.1. Research Methodology for the Global Marine Engines Market
    • 2.1.1. Main Objective of the Global Marine Engines Market

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL MARINE ENGINES MARKET AMID COVID-19

6 GLOBAL MARINE ENGINES MARKET REVENUE (USD BN), 2019-2027F

7 MARKET INSIGHTS BY POWER RANGE

  • 7.1. >1000 hp
  • 7.2. 1001-5000 Hp
  • 7.3. 5001-10000 Hp
  • 7.4. 10001-20000 Hp
  • 7.5. Above 20000 Hp

8 MARKET INSIGHTS BY TYPE

  • 8.1. Two-stroke
  • 8.2. Four-stroke

9 MARKET INSIGHTS BY ENGINE

  • 9.1. Propulsion Engine
  • 9.2. Auxiliary Engine

10 MARKET INSIGHTS BY VESSEL

  • 10.1. Commercial Vessel
  • 10.2. Offshore Support Vessel
  • 10.3. Others

11 MARKET INSIGHTS BY FUEL

  • 11.1. Heavy Fuel oil
  • 11.2. Intermediate Fuel Oil
  • 11.3. Marine Diesel Oil
  • 11.4. Marine Gas Oil
  • 11.5. Other

12 MARKET INSIGHTS BY REGION

  • 12.1. North America Marine Engines Market
    • 12.1.1. United States
    • 12.1.2. Canada
    • 12.1.3. Rest of North America
  • 12.2. Europe Marine Engines Market
    • 12.2.1. Germany
    • 12.2.2. United Kingdom
    • 12.2.3. France
    • 12.2.4. Spain
    • 12.2.5. Rest of Europe
  • 12.3. Asia Pacific Marine Engines Market
    • 12.3.1. China
    • 12.3.2. Japan
    • 12.3.3. India
    • 12.3.4. Australia
    • 12.3.5. Rest of Asia-Pacific
  • 12.4. Rest of World Marine Engines Market

13 MARINE ENGINES MARKET DYNAMICS

  • 13.1. Market Drivers
  • 13.2. Market Challenges
  • 13.3. Impact Analysis

14 MARINE ENGINES MARKET OPPORTUNITIES

15 MARINE ENGINES MARKET TRENDS

16 LEGAL & REGULATORY FRAMEWORK

17 DEMAND AND SUPPLY SIDE ANALYSIS

  • 17.1. Demand Side Analysis
  • 17.2. Supply Side Analysis
    • 17.2.1. Top Product Launches
    • 17.2.2. Top Business Partnerships
    • 17.2.3. Top Business Expansions, Investments and Divestitures
    • 17.2.4. Top Merger and Acquisitions

18 VALUE CHAIN ANALYSIS

19 COMPETITIVE SCENARIO

  • 19.1. Porter's Five Forces Analysis
    • 19.1.1. Bargaining power of Supplier
    • 19.1.2. Bargaining power of Buyer
    • 19.1.3. Industry Rivalry
    • 19.1.4. Availability of Substitute
    • 19.1.5. Threat of new Entrants
  • 19.2. Competitive Landscape
    • 19.2.1. Company Shares, By Revenue

20 COMPANY PROFILED

  • 20.1. Cummins
  • 20.2. Caterpillar
  • 20.3. MAN SE
  • 20.4. Mitsubishi Heavy Industries
  • 20.5. Volvo Penta
  • 20.6. Rolls-Royce
  • 20.7. Hyundai Heavy Industries
  • 20.8. Wartsila
  • 20.9. GE Transportation
  • 20.10. Deutz AG

21 DISCLAIMER