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Marine Engines Market by Power’000 HP (up to 1HP, 1-5HP, 5-10HP, 10-20HP & Above 20HP), Vessel Type (Commercial & Offshore Support Vessels), Fuel (Heavy Fuel, Intermediate Fuel, Marine Diesel & Marine Gas Oil), & Region - Global forecast to 2021

Marine Engines Market by Power’000 HP (up to 1HP, 1-5HP, 5-10HP, 10-20HP & Above 20HP), Vessel Type (Commercial & Offshore Support Vessels), Fuel (Heavy Fuel, Intermediate Fuel, Marine Diesel & Marine Gas Oil), & Region - Global forecast to 2021

“The marine engines market is projected to grow at a CAGR of 3.85 % from 2016 to 2021”
The marine engines market is projected to reach USD 13.53 billion by 2021, growing at a CAGR of 3.85% from 2016 to 2021. Increased demand of commercial vessels and rise in ship-building industry will drive the growth in the marine engines market. A slowdown in the oil & gas industry has been identified as a major restraint for the market along with stringent emission norms.

“Commercial vessels: The fastest growing segment of marine engines by vessel type”
Commercial vessels including bulk cargo carriers, gas carrier vessels, and pleasure vessels will have an increased demand largely due to economic recovery in China and developed economies as well as recovery of the oil & gas industry since the 2015 slow-down. Another factor would be increased maritime activity, mainly due to high economic growth in emerging economies in South Asia and South-east Asia, particularly in China, Indonesia, and India.

“Asia-Pacific dominates the global marine engines market”
Asia-Pacific will dominate the marine engines market largely due to rise in ship-building activity in China, South Korea, and Japan. These countries already constitute the largest share in ship-building together, with more than 80% share in worldwide ship-building in 2015. Furthermore, due to increase in maritime trade and investments in the ship-building industry in China and South Korea, along with the rising economy in south-east Asia, more orders for gas carriers and cargo vessels are expected. Thus, increasing the share for the commercial vessel segment.

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: Director Level-37%, C-Level-25%, and Others*-38%
By Region: Americas-25%, 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 = <SD 1 billion

Research Coverage
The report segments marine engines by Vessel Type (Commercial and Offshore support vessels), by Fuel (Heavy Fuel Oil, Intermediate Fuel Oil, Marine Diesel Oil, Marine Gas Oil & Other fuels), by Power (up to 1,000 HP, 1,001 to 5,000 HP, 5,001 to 10,000 HP, 10,000 to 20,000 HP and above 20,000 HP) and by Region. It also covers an analysis of the value chain, a competitive landscape, market dynamics, market estimates in terms of value, and future trends in the transformer monitoring system market.

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 of key applications of marine engines, by vessel type. It analyzes historical trends and also forecasts for 2021, assisting in strategic decision making.
3. It 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.
4. The report also presents the key drivers, restraints, opportunities, and challenges in the industry to make OEMs and distributors to understand the market better and carve out strategies.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATION
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
      • ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • HISTORICAL BACKDROP, EVOLUTION, &CURRENT SCENARIO
    • FUTURE OUTLOOK
    • CONCLUSION
  • PREMIUM INSIGHTS
    • ATTRACTIVE GROWTH OPPORTUNITIES IN THE MARINE ENGINES MARKET
    • BY APPLICATION
    • ASIA-PACIFIC MARINE ENGINES MARKET, 2016
    • EUROPE IS EXPECTED TO HAVE A SIGNIFICANT GROWTH DURING THE FORECAST PERIOD
    • MARINE ENGINE LIFE CYCLE
  • MARKET OVERVIEW
    • INTRODUCTION
    • REGULATION AND POLICIES
      • Table ENGINE CATEGORIES AND TYPES
      • NOX EMISSION STANDARDS
        • Table NOX EMISSION STANDARDS
      • SULFUR NORMS
        • Table SULFUR NORMS
      • GREENHOUSE GAS EMISSIONS
    • PRICE ANALYSIS
    • MARINE ENGINE: MARKET SEGMENTATION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • MARINE ENGINES MARKET, BY POWER
    • INTRODUCTION
      • Table MARINE ENGINES MARKET SIZE, BY POWER, 2014-2021 (USD MILLION)
    • UP TO 1,000 HP
      • Table UP TO 1,000 HP MARINE ENGINES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • 1,001 HP TO 5,000 HP
      • Table 1,001 HP TO 5,000 HP MARINE ENGINES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • 5,001 HP TO 10,000 HP
      • Table 5,001 HP TO 10,000 HP MARINE ENGINES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • 10,001 HP TO 20,000 HP
      • Table 10,001 HP TO 20,000 HP MARINE ENGINES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • ABOVE 20,000 HP
      • Table ABOVE 20,000 HP MARINE ENGINES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • MARINE ENGINES MARKET, BY APPLICATION
    • INTRODUCTION
      • Table MARINE ENGINES MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
    • COMMERCIAL VESSELS
      • Table MARINE ENGINES MARKET, BY COMMERCIAL VESSELS, BY REGION, 2014-2021 (USD MILLION)
      • BULKERS
      • FERRIES
      • CRUISE SHIPS
      • CONTAINER SHIPS
      • GENERAL CARGO
      • MULTI-PURPOSE VESSELS
      • PURE CAR CARRIERS
      • REEFER
      • ROLL ON/ROLL OUT (RO-RO)
      • TANKER
      • CHEMICAL CARRIER
      • LNG CARRIER
      • LPG CARRIER
      • PRODUCT CARRIER
      • SPECIAL CARRIER
      • OTHER CARRIERS
        • Table MARINE ENGINES MARKET, BY COMMERCIAL VESSELS, 2014-2021 (USD MILLION)
    • OFFSHORE SUPPORT VESSELS
      • Table MARINE ENGINES MARKET, BY OFFSHORE VESSELS, BY REGION, 2014-2021 (USD MILLION)
      • ANCHOR HANDLING TUG AND SUPPLY VESSEL (AHTS)
      • PLATFORM SUPPLY VESSEL (PSV)
      • MULTI-PURPOSE SUPPLY VESSEL
      • STANDBY AND RESCUE VESSEL
      • CREW VESSEL
      • OTHER OFFSHORE VESSELS
        • Table MARINE ENGINES MARKET BY OFFSHORE VESSELS, 2014-2021 (USD MILLION)
    • OTHER VESSELS
      • Table MARINE ENGINES BY OTHER VESSEL BY REGION, 2016-2021 (USD MILLION)
      • BUNKERING AND FLEET REPLENISHMENT VESSEL
      • DREDGER
      • LANDING CRAFT
      • TUGS
        • Table MARINE ENGINES MARKET, BY OTHER VESSELS, 2016-2021 (USD MILLION)
  • MARINE ENGINES MARKET, BY FUEL
    • INTRODUCTION
      • Table MARINE ENGINES MARKET SIZE, BY FUEL, 2014-2021 (USD MILLION)
    • HEAVY FUEL OIL
      • Table HFO: MARINE ENGINES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • INTERMEDIATE FUEL OIL
      • Table IFO: MARINE ENGINES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • MARINE DIESEL OIL
      • Table MDO: MARINE ENGINES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • MARINE GAS OIL
      • Table MGO: MARINE ENGINES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHER FUELS
      • Table OTHER FUEL: MARINE ENGINES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • MARINE ENGINES MARKET, BY REGION
    • INTRODUCTION
      • Table MARINE ENGINES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • ASIA-PACIFIC
      • BY POWER
        • Table ASIA-PACIFIC: MARINE ENGINES MARKET SIZE, BY POWER, 2014-2021 (USD MILLION)
      • BY APPLICATION
        • Table ASIA-PACIFIC: MARINE ENGINES MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • BY FUEL
        • Table ASIA-PACIFIC: MARINE ENGINES MARKET SIZE, BY FUEL, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table ASIA-PACIFIC: MARINE ENGINES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table CHINA: MARINE ENGINES MARKET SIZE, BY FUEL, 2014-2021
        • Table JAPAN: MARINE ENGINES MARKET SIZE, BY FUEL, 2014-2021 (USD MILLION)
        • Table SOUTH KOREA: MARINE ENGINES MARKET SIZE, BY FUEL, 2014-2021 (USD MILLION)
        • Table AUSTRALIA: MARINE ENGINES MARKET, BY FUEL, 2014-2021 (USD MILLION)
        • Table INDIA: MARINE ENGINES MARKET SIZE, BY FUEL, 2014-2021 (USD MILLION)
        • Table REST OF ASIA PACIFIC: MARINE ENGINES MARKET SIZE, BY FUEL, 2014-2021
    • EUROPE
      • BY POWER
        • Table EUROPE: MARINE ENGINES MARKET, BY POWER, 2014-2021 (USD MILLION)
      • BY APPLICATION
        • Table EUROPE: MARINE ENGINES MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
      • BY FUEL
        • Table EUROPE: MARINE ENGINES MARKET SIZE, BY FUEL, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table EUROPE: MARINE ENGINES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table GERMANY: MARINE ENGINES MARKET, BY FUEL, 2014-2021 (USD MILLION)
        • Table ITALY: MARINE ENGINES MARKET, BY FUEL, 2014-2021 (USD MILLION)
        • Table THE NETHERLANDS: MARINE ENGINES MARKET, BY FUEL, 2014-2021 (USD MILLION)
        • Table POLAND: MARINE ENGINES MARKET, BY FUEL, 2014-2021 (USD MILLION)
        • Table FRANCE: MARINE ENGINES MARKET, BY FUEL, 2014-2021 (USD MILLION)
        • Table REST OF EUROPE: MARINE ENGINES MARKET, BY FUEL, 2014-2021 (USD MILLION)
    • NORTH AMERICA
      • BY POWER
        • Table NORTH AMERICA: MARINE ENGINES MARKET, BY POWER, 2014-2021 (USD MILLION)
      • BY APPLICATION
        • Table NORTH AMERICA: MARINE ENGINES MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
      • BY FUEL
        • Table NORTH AMERICA: MARINE ENGINES MARKET SIZE, BY FUEL, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table NORTH AMERICA: MARINE ENGINES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table U.S.: MARINE ENGINES MARKET, BY FUEL, 2014-2021 (USD MILLION)
        • Table CANADA: MARINE ENGINES MARKET, BY FUEL, 2014-2021 (USD MILLION)
        • Table MEXICO: MARINE ENGINES MARKET, BY FUEL, 2014-2021 (USD MILLION)
    • MIDDLE EAST
      • BY POWER
        • Table MIDDLE EAST: MARINE ENGINES MARKET SIZE, BY POWER, 2014-2021 (USD MILLION)
      • BY APPLICATION
        • Table MIDDLE EAST: MARINE ENGINES MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • BY FUEL
        • Table MIDDLE EAST: MARINE ENGINES MARKET SIZE, BY FUEL, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table IRAN: MARINE ENGINES MARKET SIZE, BY FUEL, 2014-2021
        • Table UAE: MARINE ENGINES MARKET SIZE, BY FUEL, 2014-2021
        • Table QATAR: MARINE ENGINES MARKET SIZE, BY FUEL, 2014-2021
        • Table SAUDI ARABIA: MARINE ENGINES MARKET SIZE, BY FUEL, 2014-2021
        • Table REST OF MIDDLE EAST: MARINE ENGINES MARKET SIZE, BY FUEL, 2014-2021
    • SOUTH AMERICA
      • BY POWER
        • Table SOUTH AMERICA: MARINE ENGINES MARKET, BY POWER, 2014-2021 (USD MILLION)
      • BY APPLICATION
        • Table SOUTH AMERICA: MARINE ENGINES MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
      • BY FUEL
        • Table SOUTH AMERICA: MARINE ENGINES MARKET SIZE, BY FUEL, 2016-2021 (USD MILLION)
      • BY COUNTRY
        • Table SOUTH AMERICA: MARINE ENGINES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table BRAZIL: MARINE ENGINES MARKET SIZE, BY FUEL, 2016-2021 (USD MILLION)
        • Table ARGENTINA: MARINE ENGINES MARKET SIZE, BY FUEL, 2016-2021 (USD MILLION)
        • Table REST OF SOUTH AMERICA: MARINE ENGINES MARKET SIZE, BY FUEL, 2014-2021 (USD MILLION)
    • AFRICA
      • BY POWER
        • Table AFRICA: MARINE ENGINES MARKET SIZE, BY POWER, 2014-2021 (USD MILLION)
      • BY APPLICATION
        • Table AFRICA: MARINE ENGINES MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • BY FUEL
        • Table AFRICA: MARINE ENGINES MARKET SIZE, BY FUEL, 2016-2021 (USD MILLION)
      • BY COUNTRY
        • Table AFRICA: MARINE ENGINES MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table NIGERIA: MARINE ENGINES MARKET SIZE, BY FUEL (USD MILLION), 2014-2021
        • Table SOUTH AFRICA: MARINE ENGINES MARKET SIZE, BY FUEL (USD THOUSAND) 2014-2021
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATION & TRENDS
    • CONTRACTS & AGREEMENTS
      • Table KEY CONTRACTS & AGREEMENTS
    • NEW PRODUCT LAUNCH
      • Table KEY NEW PRODUCT LAUNCHES
    • EXPANSIONS
      • Table KEY EXPANSIONS
    • OTHER DEVELOPMENTS
      • Table OTHER DEVELOPMENTS
  • COMPANY PROFILE
    • INTRODUCTION
    • CATERPILLAR, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2013-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • MAN DIESEL & TURBO SE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • WÄRTSILÄ
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • MITSUBISHI HEAVY INDUSTRIES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • ROLLS-ROYCE POWER SYSTEMS AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • BRUNSWICK CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2015-2016
    • VOLVO GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS
    • CUMMINS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
    • GE TRANSPORTATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
    • YANMAR CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS
    • SCANIA AB
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • JOHN DEERE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS
    • DAIHATSU DIESEL MFG. CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • DRESSER-RAND
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • DEUTZ AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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