Global Marine Propulsion Engines Supply, Demand and Key Producers, 2026-2032

The global Marine Propulsion Engines market size is expected to reach $ 9990 million by 2032, rising at a market growth of -0.3% CAGR during the forecast period (2026-2032).

Marine Propulsion Engines are used to generate thrust to move a ship or boat across water.

Global Marine Propulsion Engines key players include Wärtsilä, MAN Energy Solutions, Rolls Royce, Mitsubishi Heavy Industries, Caterpillar etc. Global top five manufacturers hold a share over 45%.

Europe is the largest market, with a share over 20%, followed by Asia (Excluding China) and North America, both have a share over 40% percent.

In terms of product, Diesel Engine is the largest segment, with a share over 60%. And in terms of application, the largest application is Working Vessel followed by Transport Vessel.

This report studies the global Marine Propulsion Engines production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Marine Propulsion Engines and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Marine Propulsion Engines that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Marine Propulsion Engines total production and demand, 2021-2032, (K Units)

Global Marine Propulsion Engines total production value, 2021-2032, (USD Million)

Global Marine Propulsion Engines production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)

Global Marine Propulsion Engines consumption by region & country, CAGR, 2021-2032 & (K Units)

U.S. VS China: Marine Propulsion Engines domestic production, consumption, key domestic manufacturers and share

Global Marine Propulsion Engines production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)

Global Marine Propulsion Engines production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)

Global Marine Propulsion Engines production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)

This report profiles key players in the global Marine Propulsion Engines market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Wärtsilä, MAN Energy Solutions, Rolls Royce, Mitsubishi Heavy Industries, Caterpillar, Daihatsu, Yanmar, Cummins, GE, Volvo Penta, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Marine Propulsion Engines market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Marine Propulsion Engines Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Marine Propulsion Engines Market, Segmentation by Type:
Diesel Engine
Gas Turbine
Natural Engine
Hybrid Engine
Fuel Cell

Global Marine Propulsion Engines Market, Segmentation by Application:
Working Vessel
Transport Vessel
Military Vessel
Pleasure Boats/Water Sports
Others

Companies Profiled:
Wärtsilä
MAN Energy Solutions
Rolls Royce
Mitsubishi Heavy Industries
Caterpillar
Daihatsu
Yanmar
Cummins
GE
Volvo Penta
Fairbanks Morse Engine
BAE Systems
SCANIA
Deere＆Company
Doosan
STEYR MOTORS
CSIC
CSSC
Weichai
SDEC
YUCHAI

Key Questions Answered:

1. How big is the global Marine Propulsion Engines market?

2. What is the demand of the global Marine Propulsion Engines market?

3. What is the year over year growth of the global Marine Propulsion Engines market?

4. What is the production and production value of the global Marine Propulsion Engines market?

5. Who are the key producers in the global Marine Propulsion Engines market?

6. What are the growth factors driving the market demand? Show more