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Marine Propulsion Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Marine Propulsion Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024
The report on global marine propulsion market provides qualitative and quantitative analysis for the period of 2016 to 2024. The report predicts the global marine propulsion market to grow with a CAGR of 3.8% over the forecast period of 2018-2024. The study on marine propulsion market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
Increasing government investments in ship building industry and inland waterways and increasing need for fuel-efficient ships drives the growth of the marine propulsion market. In addition increasing in cross border trading activities through marine sub-waters and growth in ecommerce sector are anticipated to boost the growth of the marine propulsion market. However, Increase in seaborne trade has resulted in spillage of marine fuel in the marine ecosystem. This in turn is hampering the growth of the marine propulsion market. Shipping companies are required to comply with the International Maritime Organization (IMO) and the International Convention for the prevention of pollution from Ships emissions rules.
Furthermore, increasing cost in air cargo transport system is shifting its demand towards marine transportation that is providing several growth opportunities for the key layers in the marine propulsion market over the upcoming years. On the other hand development of electric motor, that reduce fossil fuel consumption will definitely have positive impact for the market growth.Hence,the depletion of shale gas and conventional reserves will increase the demand for LNG especially for the marine fuel.
Among the geographies, Asia Pacific is anticipated to be the most lucrative market for the marine propulsion market. The growth in the Asia Pacific is due to rise in seaborne trade and increase in the manufacture of new vessels as well as upgrade of existing vessels. Asian navies in particular are rapidly building their defense capabilities and this should increase the size of the marine propulsion engine market across the Asia Pacific region. Moreover, highly environment conscious in Europe and North America are projected to lead the global marine propulsion market in the near future.
The report on marine propulsion market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global marine propulsion market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global marine propulsion market over the period of 2016 to 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global marine propulsion market is segmented on the basis of power source, ship type, combustion type and output power rating.

Global Marine Propulsion Market by Power Source
Diesel
Gas Turbine
Natural Gas
Others(Steam Turbine,Renewable Energy,Fuel Cell)
Global Marine Propulsion Market by Ship Type
Tanker
Bulk Carrier
Cargo Or Contanier Ship
Offshore Vessel
Passenger Ship
Others
Global Marine Propulsion Market by Combustion Type
2-Stroke Engine
4-Stroke Engine
Global Marine Propulsion Market by Output Power Rating
80-750 Hp (light-to-medium Duty Engines)
1000-5000 Hp (light-to-medium Duty Engines)
5000-10,000 Hp (heavy Duty Engines)
Above 10,000 Hp (heavy Duty Engines)

Company Profiles
Caterpillar
Cummins Inc.
Rolls-Royce Plc
Wärtsilä
MAN Diesel & Turbo
Hyundai Heavy Industries Co., Ltd.
MITSUBISHI HEAVY INDUSTRIES, LTD.
Scania
YANMAR CO., LTD.
DAIHATSU DIESEL MFG.CO., LTD.

How this report delivers?
1. Comprehensive analysis of global as well as regional markets of marine propulsion market .
2. Complete coverage of all the segments in marine propulsion market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global marine propulsion market . The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.


The report on marine propulsion market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global marine propulsion market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.

1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
2. Executive Summary
2.1. Marine Propulsion Market Highlights
2.2. Marine Propulsion Market Projection
2.3. Marine Propulsion Market Regional Highlights
3. Global Marine Propulsion Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Power Source
3.4.2. IGR-Growth Matrix Analysis by Ship Type
3.4.3. IGR-Growth Matrix Analysis by Combustion Type
3.4.4. IGR-Growth Matrix Analysis by Output Power Rating
3.4.5. IGR-Growth Matrix Analysis by Region
3.5. Value chain marine propulsion market
3.6. Import-Export data matrix
4. Marine Propulsion Market Macro Indicator Analysis
5. Global Marine Propulsion Market by Power Source
5.1. Diesel
5.2. Gas Turbine
5.3. Natural Gas
5.4. Others(Steam Turbine,Renewable Energy,Fuel Cell)
6. Global Marine Propulsion Market by Ship Type
6.1. Tanker
6.2. Bulk Carrier
6.3. Cargo Or Contanier Ship
6.4. Offshore Vessel
6.5. Passenger Ship
6.6. Others
7. Global Marine Propulsion Market by Combustion Type
7.1. 2-Stroke Engine
7.2. 4-Stroke Engine
8. Global Marine Propulsion Market by Output Power Rating
8.1. 80-750 Hp(light-to-medium Duty Engines)
8.2. 1000-5000 Hp (light-to-medium Duty Engines)
8.3. 5000-10,000 Hp (heavy Duty Engines)
8.4. Above 10,000 Hp (heavy Duty Engines)
9. Global Marine Propulsion Market by Region 2018-2024
9.1. North America
9.1.1. North America Marine Propulsion Market by Power Source
9.1.2. North America Marine Propulsion Market by Ship Type
9.1.3. North America Marine Propulsion Market by Combustion Type
9.1.4. North America Marine Propulsion Market by Output Power Rating
9.1.5. North America Marine Propulsion Market by Country
9.2. Europe
9.2.1. Europe Marine Propulsion Market by Power Source
9.2.2. Europe Marine Propulsion Market by Ship Type
9.2.3. Europe Marine Propulsion Market by Combustion Type
9.2.4. Europe Marine Propulsion Market by Output Power Rating
9.2.5. Europe Marine Propulsion Market by Country
9.3. Asia-Pacific
9.3.1. Asia-Pacific Marine Propulsion Market by Power Source
9.3.2. Asia-Pacific Marine Propulsion Market by Ship Type
9.3.3. Asia-Pacific Marine Propulsion Market by Combustion Type
9.3.4. Asia-Pacific Marine Propulsion Market by Output Power Rating
9.3.5. Asia-Pacific Marine Propulsion Market by Country
9.4. RoW
9.4.1. RoW Marine Propulsion Market by Power Source
9.4.2. RoW Marine Propulsion Market by Ship Type
9.4.3. RoW Marine Propulsion Market by Combustion Type
9.4.4. RoW Marine Propulsion Market by Output Power Rating
9.4.5. RoW Marine Propulsion Market by Sub-region
10. Company Profiles and Competitive Landscape
10.1. Competitive Landscape in the Global Marine Propulsion Market
10.2. Companies Profiles
10.2.1. Caterpillar
10.2.1.1. Overview
10.2.1.2. Company Snapshot
10.2.1.3. Financial Snapshot
10.2.1.4. Product portfolio
10.2.1.5. Recent developments
10.2.2. Cummins Inc.
10.2.2.1. Overview
10.2.2.2. Company Snapshot
10.2.2.3. Financial Snapshot
10.2.2.4. Product portfolio
10.2.2.5. Recent developments
10.2.3.Rolls-royce Plc
10.2.3.1. Overview
10.2.3.2. Company Snapshot
10.2.3.3. Financial Snapshot
10.2.3.4. Product portfolio
10.2.3.5. Recent developments
10.2.4. Wärtsilä
10.2.4.1. Overview
10.2.4.2. Company Snapshot
10.2.4.3. Financial Snapshot
10.2.4.4. Product portfolio
10.2.4.5. Recent developments
10.2.5. Man Diesel & Turbo
10.2.5.1. Overview
10.2.5.2. Company Snapshot
10.2.5.3. Financial Snapshot
10.2.5.4. Product portfolio
10.2.5.5. Recent developments
10.2.6. Hyundai Heavy Industries Co., Ltd.
10.2.6.1. Overview
10.2.6.2. Company Snapshot
10.2.6.3. Financial Snapshot
10.2.6.4. Product portfolio
10.2.6.5. Recent developments
10.2.7. Mitsubishi Heavy Industries, Ltd.
10.2.7.1. Overview
10.2.7.2. Company Snapshot
10.2.7.3. Financial Snapshot
10.2.7.4. Product portfolio
10.2.7.5. Recent developments
10.2.8. Scania
10.2.8.1. Overview
10.2.8.2. Company Snapshot
10.2.8.3. Financial Snapshot
10.2.8.4. Product portfolio
10.2.8.5. Recent developments
10.2.9. Yanmar Co., Ltd.
10.2.9.1. Overview
10.2.9.2. Company Snapshot
10.2.9.3. Financial Snapshot
10.2.9.4. Product portfolio
10.2.9.5. Recent developments
10.2.10. Daihatsu Diesel Mfg.co., Ltd.
10.2.10.1. Overview
10.2.10.2. Company Snapshot
10.2.10.3. Financial Snapshot
10.2.10.4. Product portfolio
10.2.10.5. Recent developments
11. Appendix
11.1. Primary research findings and questionnaire

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