Market Research Logo

Marine Engine Market by propulsion (2 stroke, 4 stroke, diesel electric & others), by power 000’ HP (up to 20, 20-40, 40-60, 60-80 & above 80), by vessels (commercial, offshore support, & inland waterways) by fuel & by region - Global Forecast to 2020

Marine Engine Market by propulsion (2 stroke, 4 stroke, diesel electric & others), by power 000’ HP (up to 20, 20-40, 40-60, 60-80 & above 80), by vessels (commercial, offshore support, & inland waterways) by fuel & by region - Global Forecast to 2020

The marine engines market is expected to reach a value of USD 11 billion by 2020, at a CAGR of 4.0% from 2015 to 2020. Currently, gradual growth in the shipbuilding industry and stringent environmental regulations to replace existing marines with energy efficient ones are driving the marine engines market worldwide.

“Inland waterways: The fastest growing application of marine engines”
Inland waterways are gaining popularity and heavy investments in both developed and developing countries as it is the cheapest and comparatively a faster mode of transport for goods and passengers. In addition to these advantages, increase in trade, offshore wind farms, and port construction activities have fuelled the growth of this application.
“Asia-Pacific dominates the global marine engines market”
Asia-Pacific dominates the global marine engines market due to the presence of major shipbuilding countries such as China, Japan, and South Korea. These countries are investing heavily in R&D to make energy efficient marine engines to replace the existing engines with new ones.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants among other experts to obtain & verify critical qualitative and quantitative information as well as assess future market prospects. Distribution of primary interviews is as follows
By Company Type: Tier 1- 25%, Tier2-25%, and Tier 3-50%
By Designation: C-Level-25%, Director Level-37%, and Others*-38%
By Region: Americas-30%, EMEA-37%, Asia-Pacific-38%

Note: *Others include sales managers, marketing managers, and product managers

The tier of the companies is defined on the basis of their total revenue, as of 2013: Tier 1 = >USD 5 billion, Tier 2 = USD 1 billion to USD 5 billion, and Tier 3 = <USD 1 billion
Leading players of this industry have been profiled with their recent developments and other strategic activities. These include Caterpillar Inc. (U.S.), GM Powertrain (Italy), Rolls Royce (U.K.), Wartsila Corporation (Finland), and Mercury Marine (U.S.) among others.

Why buy this report?
1. The report identifies and addresses key markets for marine engines, which is useful for shipbuilding companies and OEMs to review production and distribution plans.
2. The report includes analysis for key applications by vessel type of marine engines. It analyzes historical trends and also forecast for 2020, assisting in strategic decision making.
3. It also presents competition by analyzing recent market developments such as key contracts, expansions, and new product launches from the key global market players. It helps understand the competition strategies and plan respective initiatives.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY & PRICING
    • LIMITATION
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • INTRODUCTION
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS & LIMITATIONS
      • ASSUMPTIONS
      • LIMITATION
  • EXECUTIVE SUMMARY
    • INTRODUCTION
    • HISTOTICAL BACKDROP AND EVOLUTION
    • CURRENT SCENARIO
    • FUTURE OUTLOOK
    • CONCLUSION
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE GLOBAL MARINE ENGINES MARKET
    • MARINE ENGINES MARKET, BY FUEL
    • MARINE ENGINES MARKET, BY APPLICATION
    • MARINE ENGINES MARKET, BY REGION
    • MARINE ENGINES MARKET, BY POWER RANGE (HP)
    • MARINE ENGINES MARKET: COMMERCIAL VESSELS VS. INLAND WATERWAYS
    • MARINE ENGINES MARKET, BY PROPULSION TYPE
    • LIFE CYCLE ANALYSIS
  • MARKET OVERVIEW
    • INTRODUCTION
    • AVERAGE PRICE OF MARINE ENGINES
    • MARKET SEGMENTATION
      • MARINE ENGINES MARKET: BY REGION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
        • Table MARPOL REGULATIONS TO CONTROL SOX & PARTICULATE MATTER EMISSIONS
      • OPPORTUNITIES
        • Table TECHNOLOGY & RELEVANT REGULATION
      • CHALLENGES
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
  • MARINE ENGINES MARKET, BY APPLICATION
    • INTRODUCTION
      • Table MARINE ENGINES MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • COMMERCIAL VESSELS
      • Table COMMERCIAL VESSELS MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • Table COMMERCIAL VESSELS MARKET SIZE, BY PROPULSION TYPE, 2013-2020 (USD MILLION)
      • Table COMMERCIAL VESSELS MARKET SIZE, BY FUEL TYPE, 2013-2020 (USD MILLION)
      • Table COMMERCIAL VESSELS MARKET SIZE, BY HP RANGE, 2013-2020 (USD MILLION)
    • OFFSHORE SUPPORT VESSELS
      • Table OFFSHORE SUPPORT VESSELS MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • Table OFFSHORE SUPPORT VESSELS MARKET SIZE, BY PROPULSION TYPE, 2013-2020 (USD MILLION)
      • Table OFFSHORE SUPPORT VESSELS MARKET SIZE, BY FUEL TYPE, 2013-2020 (USD MILLION)
      • Table OFFSHORE SUPPORT VESSELS MARKET SIZE, BY HP RANGE, 2013-2020 (USD MILLION)
    • INLAND WATERWAYS
      • Table INLAND WATERWAYS MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • Table INLAND WATERWAYS MARKET SIZE, BY PROPULSION TYPE, 2013-2020 (USD MILLION)
      • Table INLAND WATERWAYS MARKET SIZE, BY FUEL TYPE, 2013-2020 (USD MILLION)
      • Table INLAND WATERWAYS MARKET SIZE, BY HP RANGE, 2013-2020 (USD MILLION)
  • COMMERCIAL VESSELS MARKET, BY REGION
    • INTRODUCTION
      • Table COMMERCIAL VESSELS MARKET SIZE , BY VESSEL TYPE, 2013-2020 (USD MILLION)
    • BULKERS
      • Table BULKER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • CONTAINERSHIPS
      • Table CONTAINERSHIP MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • GENERAL CARGO
      • Table GENERAL CARGO MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • MULTI-PURPOSE VESSELS
      • Table MULTI-PURPOSE VESSEL MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • PURE CAR CARRIER
      • Table PURE CAR CARRIER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • REEFER
      • Table REEFER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • ROLL ON/ROLL OUT
      • Table ROLL ON/ROLL OUT MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • TANKER
      • Table TANKER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • CHEMICAL CARRIER
      • Table CHEMICAL CARRIER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • LNG CARRIER
      • Table LNG CARRIER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • LPG CARRIER
      • Table LPG CARRIER: MARINE ENGINES MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • PRODUCT CARRIER
      • Table PRODUCT CARRIER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • SPECIAL CARRIER
      • Table SPECIAL CARRIER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • OTHER CARRIERS
      • Table OTHER CARRIERS MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
  • OFFSHORE SUPPORT VESSELS MARKET, BY REGION
    • INTRODUCTION
      • Table OFFSHORE SUPPORT VESSELS MARKET SIZE, BY VESSEL TYPE, 2013-2020 (USD MILLION)
    • ANCHOR HANDLING TUG & SUPPLY VESSEL
      • Table ANCHOR HANDLING TUG & SUPPLY VESSEL MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • PLATFORM SUPPLY VESSEL
      • Table PLATFORM SUPPLY VESSEL: MARINE ENGINES MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • MULTI-PURPOSE SUPPLY VESSEL
      • Table MULTI-PURPOSE SUPPORT VESSEL MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • STANDBY & RESCUE VESSEL
      • Table STANDBY & RESCUE VESSEL MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • CREW VESSEL
      • Table CREW VESSEL MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • OTHERS
      • Table OTHERS MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
  • INLAND WATERWAYS MARKET, BY REGION
    • INTRODUCTION
      • Table INLAND WATERWAYS MARKET SIZE , BY VESSEL TYPE, 2013-2020 (USD MILLION)
    • BUNKERING & FLEET REPLENISHMENT VESSEL
      • Table BUNKERING & FLEET REPLENISHMENT VESSEL MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • CRUISE
      • Table CRUISE MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • DREDGER
      • Table DREDGER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • FERRIES
      • Table FERRIES MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • LANDING CRAFT
      • Table LANDING CRAFT MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • TUGS
      • Table TUGS MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
  • MARINE ENGINES MARKET, BY PROPULSION
    • INTRODUCTION
      • Table MARINE ENGINES MARKET SIZE , BY PROPULSION TYPE, 2013-2020 (USD MILLION)
    • DIESEL ELECTRIC ENGINE
      • Table DIESEL ELECTRIC ENGINE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • TWO-STROKE ENGINE
      • Table TWO STROKE ENGINE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • FOUR STROKE ENGINE
      • Table FOUR STROKE ENGINE MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • OTHERS
      • Table OTHERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
  • MARINE ENGINES MARKET, BY FUEL
    • INTRODUCTION
      • Table MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2013-2020 (USD MILLION)
    • HEAVY FUEL OIL
      • Table HEAVY FUEL OIL MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • INTERMEDIATE FUEL OIL
      • Table INTERMEDIATE FUEL OIL MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • MARINE DIESEL OIL
      • Table MARINE DIESEL OIL MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • MARINE GAS OIL
      • Table MARINE GAS OIL MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • OTHERS
      • Table OTHERS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
  • MARINE ENGINES MARKET, BY HP RANGE
    • INTRODUCTION
      • Table MARINE ENGINES MARKET SIZE, BY HP RANGE, 2013-2020 (USD MILLION)
    • UP TO 20,000 HP
      • Table UP TO 20,000 HP MARINE ENGINES MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • FROM 20,001 TO 40,000 HP
      • Table FROM 20,001 TO 40,000 HP MARINE ENGINES MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • FROM 40,001 TO 60,000 HP
      • Table FROM 40,001 TO 60,000 HP MARINE ENGINES MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • FROM 60,001 TO 80,000 HP
      • Table FROM 60,001 TO 80,000 HP MARINE ENGINES MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • ABOVE 80,000 HP
      • Table ABOVE 80,000 HP MARINE ENGINES MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
  • MARINE ENGINES MARKET, BY REGION
    • INTRODUCTION
      • Table MARINE ENGINES MARKET SIZE , BY REGION, 2013-2020 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: MARINE ENGINES MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: MARINE ENGINES MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • EUROPE
      • Table EUROPE: MARINE ENGINES MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: MARINE ENGINES MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: MARINE ENGINES MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATION & TRENDS
    • CONTRACTS & AGREEMENTS
      • Table CONTRACTS & AGREEMENTS, 2014-2015
    • NEW PRODUCT LAUNCHES
      • Table NEW PRODUCT LAUNCHES, 2015
    • EXPANSIONS
      • Table EXPANSIONS, 2013-2015
    • MERGERS & ACQUISITIONS
      • Table MERGERS & ACQUISITIONS, 2013-2015
    • OTHER DEVELOPMENTS
      • Table PARTNERSHIPS & JOINT VENTURES, 2013-2015
  • COMPANY PROFILES
    • INTRODUCTION
    • CATERPILLAR
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
        • Table CATERPILLAR: PRODUCTS & SERVICES
      • DEVELOPMENTS, 2014-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • BRUNSWICK (MERCURY MARINE)
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
        • Table BRUNSWICK (MERCURY MARINE): PRODUCTS & SERVICES
      • DEVELOPMENTS, 2015
      • SWOT ANALYSIS
      • MNM VIEW
    • MAN SE
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
        • Table MAN SE: PRODUCTS & SERVICES
      • DEVELOPMENTS, 2014-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • SCANIA
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
        • Table SCANIA: PRODUCTS & SERVICES
      • DEVELOPMENTS, 2015
    • WÄRTSILÄ CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
        • Table WÄRTSILÄ: PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS, 2015
      • SWOT ANALYSIS
      • MNM VIEW
    • ROLLS-ROYCE HOLDINGS PLC
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
        • Table ROLLS-ROYCE HOLDINGS PLC: PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS, 2015
      • SWOT ANALYSIS
      • MNM VIEW
    • YANMAR CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
        • Table YANMAR CO. LTD:-PRODUCTS & SERVICES
      • DEVELOPMENTS, 2013-2015
    • CNH INDUSTRIAL
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
        • Table CHN INDUSTRIAL: PRODUCTS & SERVICES
      • DEVELOPMENTS, 2013-2015
    • CUMMINS INC.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
        • Table CUMMINS INC: PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS, 2014-2015
    • GE TRANSPORTATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
        • Table GE TRANSPORTATION: PRODUCTS OFFERED
      • RECENT DEVELOPMENT,2013-2015
    • JOHN DEERE
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
        • Table JOHN DEERE: PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2013-2014
    • DAIHATSU DIESEL MFG. CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
        • Table DAIHATSU DIESEL MFG. CO. LTD: PRODUCTS & SERVICES
      • DEVELOPMENTS, 2013
    • GM POWERTRAIN
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
        • Table GM POWERTRAIN: PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS, 2015
    • IHI CORPORATION LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
        • Table IHI CORPORATION LTD.::-PRODUCTS & SERVICES
      • DEVELOPMENTS, 2013-2015
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • RECENT DEVELOPMENTS
      • Table MERGERS & ACQUISITIONS, 2010-2014
      • Table CONTRACTS & AGREEMENTS, 2011-2015
      • Table NEW PRODUCT LAUNCHES, 2013-2015
      • Table JOINT VENTURES, 2013-2015
      • Table EXPANSIONS, 2013-2015
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report