
Marine Propulsion Engine Market by Power Source (Diesel, Fuel Cell, Gas Turbine), Ship Type (Bulk Carrier, Cargo or Container Ship, Offshore Vessel), Combustion Type, Power Rating - Global Forecast 2024-2030
Description
Marine Propulsion Engine Market by Power Source (Diesel, Fuel Cell, Gas Turbine), Ship Type (Bulk Carrier, Cargo or Container Ship, Offshore Vessel), Combustion Type, Power Rating - Global Forecast 2024-2030
The Marine Propulsion Engine Market size was estimated at USD 1.08 billion in 2023 and expected to reach USD 1.17 billion in 2024, at a CAGR 8.84% to reach USD 1.96 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Marine Propulsion Engine Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Marine Propulsion Engine Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Marine Propulsion Engine Market, highlighting leading vendors and their innovative profiles. These include Brunswick Corporation, Caterpillar, Inc., China National Petroleum Corporation, Cummins, Inc., Deere & Company, Exxon Mobil Corp, General Electric Company, Hydraulic Marine Systems, Inc., Hydrosta B.V., Idemitsu Kosan Company, Ltd., MAN Energy Solutions SE by Volkswagen AG, Mitsubishi Heavy Industries, Ltd., Shell PLC, Siemens AG, Wärtsilä Corporation, and Yamaha.
Market Segmentation & Coverage
This research report categorizes the Marine Propulsion Engine Market to forecast the revenues and analyze trends in each of the following sub-markets:
Power Source
Diesel
Fuel Cell
Gas Turbine
Natural Gas
Renewable Energy
Steam Turbine
Ship Type
Bulk Carrier
Cargo or Container Ship
Offshore Vessel
Passenger Ship
Tanker
Combustion Type
2-Stroke Engine
4-Stroke Engine
Power Rating
1000-5000 Hp (Light-to-medium Duty Engines)
5000-10,000 Hp (Heavy Duty Engines)
80-750 Hp (Light-to-medium Duty Engines)
Above 10,000 Hp (Heavy Duty Engines)
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Marine Propulsion Engine Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Marine Propulsion Engine Market?
3. What are the technology trends and regulatory frameworks in the Marine Propulsion Engine Market?
4. What is the market share of the leading vendors in the Marine Propulsion Engine Market?
5. Which modes and strategic moves are suitable for entering the Marine Propulsion Engine Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
183 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Marine Propulsion Engine Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Growth in international marine freight transport
- 5.1.1.2. Increase in demand due to increasing maritime tourism
- 5.1.1.3. Rising adoption of smart engines for situational awareness and safety
- 5.1.2. Restraints
- 5.1.2.1. High development cost
- 5.1.2.2. Fluctuations in oil & gas prices
- 5.1.3. Opportunities
- 5.1.3.1. Advancement in marine vessel propulsion systems
- 5.1.3.2. Adoption of electric propulsion solutions and development in the fuel cells
- 5.1.4. Challenges
- 5.1.4.1. Stringent environmental regulations for marine industry worldwide
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Marine Propulsion Engine Market, by Power Source
- 6.1. Introduction
- 6.2. Diesel
- 6.3. Fuel Cell
- 6.4. Gas Turbine
- 6.5. Natural Gas
- 6.6. Renewable Energy
- 6.7. Steam Turbine
- 7. Marine Propulsion Engine Market, by Ship Type
- 7.1. Introduction
- 7.2. Bulk Carrier
- 7.3. Cargo or Container Ship
- 7.4. Offshore Vessel
- 7.5. Passenger Ship
- 7.6. Tanker
- 8. Marine Propulsion Engine Market, by Combustion Type
- 8.1. Introduction
- 8.2. 2-Stroke Engine
- 8.3. 4-Stroke Engine
- 9. Marine Propulsion Engine Market, by Power Rating
- 9.1. Introduction
- 9.2. 1000-5000 Hp (Light-to-medium Duty Engines)
- 9.3. 5000-10,000 Hp (Heavy Duty Engines)
- 9.4. 80-750 Hp (Light-to-medium Duty Engines)
- 9.5. Above 10,000 Hp (Heavy Duty Engines)
- 10. Americas Marine Propulsion Engine Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Marine Propulsion Engine Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Marine Propulsion Engine Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. Brunswick Corporation
- 14.1.2. Caterpillar, Inc.
- 14.1.3. China National Petroleum Corporation
- 14.1.4. Cummins, Inc.
- 14.1.5. Deere & Company
- 14.1.6. Exxon Mobil Corp
- 14.1.7. General Electric Company
- 14.1.8. Hydraulic Marine Systems, Inc.
- 14.1.9. Hydrosta B.V.
- 14.1.10. Idemitsu Kosan Company, Ltd.
- 14.1.11. MAN Energy Solutions SE by Volkswagen AG
- 14.1.12. Mitsubishi Heavy Industries, Ltd.
- 14.1.13. Shell PLC
- 14.1.14. Siemens AG
- 14.1.15. Wärtsilä Corporation
- 14.1.16. Yamaha
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
- FIGURE 1. MARINE PROPULSION ENGINE MARKET RESEARCH PROCESS
- FIGURE 2. MARINE PROPULSION ENGINE MARKET SIZE, 2023 VS 2030
- FIGURE 3. MARINE PROPULSION ENGINE MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. MARINE PROPULSION ENGINE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. MARINE PROPULSION ENGINE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. MARINE PROPULSION ENGINE MARKET DYNAMICS
- FIGURE 7. MARINE PROPULSION ENGINE MARKET SIZE, BY POWER SOURCE, 2023 VS 2030 (%)
- FIGURE 8. MARINE PROPULSION ENGINE MARKET SIZE, BY POWER SOURCE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. MARINE PROPULSION ENGINE MARKET SIZE, BY SHIP TYPE, 2023 VS 2030 (%)
- FIGURE 10. MARINE PROPULSION ENGINE MARKET SIZE, BY SHIP TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. MARINE PROPULSION ENGINE MARKET SIZE, BY COMBUSTION TYPE, 2023 VS 2030 (%)
- FIGURE 12. MARINE PROPULSION ENGINE MARKET SIZE, BY COMBUSTION TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. MARINE PROPULSION ENGINE MARKET SIZE, BY POWER RATING, 2023 VS 2030 (%)
- FIGURE 14. MARINE PROPULSION ENGINE MARKET SIZE, BY POWER RATING, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS MARINE PROPULSION ENGINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS MARINE PROPULSION ENGINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES MARINE PROPULSION ENGINE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES MARINE PROPULSION ENGINE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC MARINE PROPULSION ENGINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC MARINE PROPULSION ENGINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA MARINE PROPULSION ENGINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA MARINE PROPULSION ENGINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. MARINE PROPULSION ENGINE MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 24. MARINE PROPULSION ENGINE MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.