Global Marine Propulsion Engine Market Outlook to 2026

DUBLIN, November 25, 2021 /PRNewswire/ — Added “Marine Propulsion Engine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report to ResearchAndMarkets.com’s offer.

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The global marine propulsion engine market showed moderate growth in 2015-2020. A marine propulsion engine burns fuel and allows ships to move across the water. It includes a piston, valves, turrets, housings, bearings, bottom plates, crankcases, crankshafts, flywheels, generators, transformers, gearboxes, control panels, rotor blades, electrical controls and cylinder blocks and liners. It has generators that supply electrical power to engines and can run on heavy fuel or diesel fuel. Today, it is widely used in modern merchant ships and offshore support vessels as a prime mover around the world.

Increasing international trade due to increasing globalization and industrialization is increasing the demand for container ships for the transportation of a variety of products, such as oil, natural gas, mineral ores and consumer products. This is one of the key factors supporting the global marine propulsion engine market growth. In addition, the increasing focus on reducing fossil fuel consumption and improving energy efficiency is escalating the adoption of electric marine propulsion engines worldwide.

In addition, the emergence of nuclear propulsion and the growing preference for liquefied natural gas (LNG) are contributing to the market growth. In addition, technological advances and increasing environmental awareness are resulting in the use of alternative fuels, such as biomethane and algae oil, to run marine propulsion engines with minimal exhaust emissions. Moreover, the market players are focusing on improving the efficiency of marine propulsion engines to increase the cargo capacity of new generation tankers, which is expected to drive the market growth. Looking ahead, the publisher expects the global marine propulsion engine market to grow at a CAGR of 3.5% in 2021-2026.

Competitive landscape:

The report has also analyzed the competitive landscape of the market, with some of the key players being AB Volvo, Caterpillar Inc., Cummins Inc., Fairbanks Morse, Hyundai Heavy Industries Group, Man SE (Volkswagen Group), Masson Marine, Mitsubishi Heavy Industries Ltd., Rolls-Royce Plc and Wartsila Oyj Abp.

Important questions answered in this report:

  • How has the global marine propulsion engine market performed so far and how will it perform in the coming years?

  • What is the impact of COVID-19 on the global Marine Propulsion Engine market?

  • What are the main regional markets?

  • What is the breakup of the market based on the engine type?

  • What is the breakup of the market based on the power source?

  • What is the breakup of the market based on the power range?

  • What is the breakup of the market based on the type of ship?

  • What are the different stages in the industry value chain?

  • What are the key drivers and challenges in the industry?

  • What is the structure of the global Marine Propulsion Engine market and who are the key players?

  • What is the level of competition in the industry?

Main topics covered:

1 Preface

2 Scope and methodology

3 Summary

4 Introduction
4.1 Overview
4.2 Key industry trends

5 Global Marine Propulsion Engine Market
5.1 Market overview
5.2 Market performance
5.3 Impact of COVID-19
5.4 Market forecast

6 Market breakdown by engine type
6.1 2-stroke engine
6.1.1 Market trends
6.1.2 Market forecast
6.2 4-stroke engine
6.2.1 Market trends
6.2.2 Market forecast

7 Market Breakdown by Power Source
7.1 Diesel
7.1.1 Market trends
7.1.2 Market forecast
7.2 Gas Turbine
7.2.1 Market trends
7.2.2 Market forecast
7.3 Natural gas
7.3.1 Market trends
7.3.2 Market forecast
7.4 Steam Turbine
7.4.1 Market trends
7.4.2 Market forecast
7.5 Fuel cell
7.5.1 Market trends
7.5.2 Market forecast
7.6 Others
7.6.1 Market trends
7.6.2 Market forecast

8 Market Breakdown by Power Range
8.1 80-750 hp
8.1.1 Market trends
8.1.2 Market forecast
8.2 751-5000 hp
8.2.1 Market trends
8.2.2 Market forecast
8.3 5001-10000 HP
8.3.1 Market trends
8.3.2 Market forecast
8.4 10001-20,000 hp
8.4.1 Market trends
8.4.2 Market forecast
8.5 Above 20,000 HP
8.5.1 Market trends
8.5.2 Market forecast

9 Market breakdown by ship type
9.1 Bulk carriers
9.1.1 Market trends
9.1.2 Market forecast
9.2 Container ships
9.2.1 Market trends
9.2.2 Market forecast
9.3 Passenger ships
9.3.1 Market trends
9.3.2 Market forecast
9.4 Support Vessels
9.4.1 Market trends
9.4.2 Market forecast
9.5 Tankers
9.5.1 Market trends
9.5.2 Market forecast
9.6 Gas carriers
9.6.1 Market trends
9.6.2 Market forecast
9.7 Military ships
9.7.1 Market trends
9.7.2 Market forecast
9.8 Other
9.8.1 Market trends
9.8.2 Market forecast

10 Market Breakdown by Region

11 SWOT analysis

12 Value Chain Analysis

13 Porter’s Five Forces Analysis

14 Price analysis

15 Competitive Landscape
15.1 Market structure
15.2 Key players
15.3 Profiles of protagonists
15.3.1 AB Volvo
15.3.1.1 Company overview
15.3.1.2 Product portfolio
15.3.1.3 Financial data
15.3.1.4 SWOT analysis
15.3.2 Caterpillar Inc.
15.3.2.1 Company overview
15.3.2.2 Product portfolio
15.3.2.3 Financial data
15.3.2.4 SWOT analysis
15.3.3 Cummins Inc.
15.3.3.1 Company overview
15.3.3.2 Product portfolio
15.3.3.3 Financial data
15.3.3.4 SWOT analysis
15.3.4 Fairbanks Morse
15.3.4.1 Company overview
15.3.4.2 Product portfolio
15.3.5 Hyundai Heavy Industries Group
15.3.5.1 Company overview
15.3.5.2 Product portfolio
15.3.5.3 Financial data
15.3.6 Man SE (Volkswagen Group)
15.3.6.1 Company overview
15.3.6.2 Product portfolio
15.3.6.3 Financial data
15.3.6.4 SWOT analysis
15.3.7 Masson Marine
15.3.7.1 Company overview
15.3.7.2 Product portfolio
15.3.8 Mitsubishi Heavy Industries Ltd.
15.3.8.1 Company overview
15.3.8.2 Product portfolio
15.3.8.3 Financial data
15.3.8.4 SWOT analysis
15.3.9 Rolls-Royce Plc
15.3.9.1 Company overview
15.3.9.2 Product portfolio
15.3.10 Wartsila Oyj Abp
15.3.10.1 Company overview
15.3.10.2 Product portfolio
15.3.10.3 Financial data
15.3.10.4 SWOT analysis

For more information on this report, please visit https://www.researchandmarkets.com/r/ohegii

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