Global Marine Propulsion Engines Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Marine Propulsion Engines Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

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

According to APO Research, The global Marine Propulsion Engines market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North American market for Marine Propulsion Engines is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Marine Propulsion Engines is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Marine Propulsion Engines is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Marine Propulsion Engines include Wärtsilä, MAN Energy Solutions, Rolls Royce, Mitsubishi Heavy Industries, Caterpillar, Daihatsu, Yanmar, Cummins and GE, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Marine Propulsion Engines, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Marine Propulsion Engines.
The Marine Propulsion Engines market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Marine Propulsion Engines market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

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
Marine Propulsion Engines segment by Type

Diesel Engine
Gas Turbine
Natural Engine
Hybrid Engine
Fuel Cell
Marine Propulsion Engines segment by Application

Working Vessel
Transport Vessel
Military Vessel
Pleasure Boats/Water Sports
Others
Marine Propulsion Engines by Distribution Channel

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Marine Propulsion Engines market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Marine Propulsion Engines and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Marine Propulsion Engines.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Marine Propulsion Engines manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Marine Propulsion Engines in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Marine Propulsion Engines Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Marine Propulsion Engines Sales Estimates and Forecasts (2019-2030)
1.3 Marine Propulsion Engines Market by Type
1.3.1 Diesel Engine
1.3.2 Gas Turbine
1.3.3 Natural Engine
1.3.4 Hybrid Engine
1.3.5 Fuel Cell
1.4 Global Marine Propulsion Engines Market Size by Type
1.4.1 Global Marine Propulsion Engines Market Size Overview by Type (2019-2030)
1.4.2 Global Marine Propulsion Engines Historic Market Size Review by Type (2019-2024)
1.4.3 Global Marine Propulsion Engines Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Marine Propulsion Engines Sales Breakdown by Type (2019-2024)
1.5.2 Europe Marine Propulsion Engines Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Marine Propulsion Engines Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Marine Propulsion Engines Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Marine Propulsion Engines Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Marine Propulsion Engines Industry Trends
2.2 Marine Propulsion Engines Industry Drivers
2.3 Marine Propulsion Engines Industry Opportunities and Challenges
2.4 Marine Propulsion Engines Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Marine Propulsion Engines Revenue (2019-2024)
3.2 Global Top Players by Marine Propulsion Engines Sales (2019-2024)
3.3 Global Top Players by Marine Propulsion Engines Price (2019-2024)
3.4 Global Marine Propulsion Engines Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Marine Propulsion Engines Key Company Manufacturing Sites & Headquarters
3.6 Global Marine Propulsion Engines Company, Product Type & Application
3.7 Global Marine Propulsion Engines Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Marine Propulsion Engines Market CR5 and HHI
3.8.2 Global Top 5 and 10 Marine Propulsion Engines Players Market Share by Revenue in 2023
3.8.3 2023 Marine Propulsion Engines Tier 1, Tier 2, and Tier 3
4 Marine Propulsion Engines Regional Status and Outlook
4.1 Global Marine Propulsion Engines Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Marine Propulsion Engines Historic Market Size by Region
4.2.1 Global Marine Propulsion Engines Sales in Volume by Region (2019-2024)
4.2.2 Global Marine Propulsion Engines Sales in Value by Region (2019-2024)
4.2.3 Global Marine Propulsion Engines Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Marine Propulsion Engines Forecasted Market Size by Region
4.3.1 Global Marine Propulsion Engines Sales in Volume by Region (2025-2030)
4.3.2 Global Marine Propulsion Engines Sales in Value by Region (2025-2030)
4.3.3 Global Marine Propulsion Engines Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Marine Propulsion Engines by Application
5.1 Marine Propulsion Engines Market by Application
5.1.1 Working Vessel
5.1.2 Transport Vessel
5.1.3 Military Vessel
5.1.4 Pleasure Boats/Water Sports
5.1.5 Others
5.2 Global Marine Propulsion Engines Market Size by Application
5.2.1 Global Marine Propulsion Engines Market Size Overview by Application (2019-2030)
5.2.2 Global Marine Propulsion Engines Historic Market Size Review by Application (2019-2024)
5.2.3 Global Marine Propulsion Engines Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Marine Propulsion Engines Sales Breakdown by Application (2019-2024)
5.3.2 Europe Marine Propulsion Engines Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Marine Propulsion Engines Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Marine Propulsion Engines Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Marine Propulsion Engines Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Wärtsilä
6.1.1 Wärtsilä Comapny Information
6.1.2 Wärtsilä Business Overview
6.1.3 Wärtsilä Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Wärtsilä Marine Propulsion Engines Product Portfolio
6.1.5 Wärtsilä Recent Developments
6.2 MAN Energy Solutions
6.2.1 MAN Energy Solutions Comapny Information
6.2.2 MAN Energy Solutions Business Overview
6.2.3 MAN Energy Solutions Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.2.4 MAN Energy Solutions Marine Propulsion Engines Product Portfolio
6.2.5 MAN Energy Solutions Recent Developments
6.3 Rolls Royce
6.3.1 Rolls Royce Comapny Information
6.3.2 Rolls Royce Business Overview
6.3.3 Rolls Royce Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Rolls Royce Marine Propulsion Engines Product Portfolio
6.3.5 Rolls Royce Recent Developments
6.4 Mitsubishi Heavy Industries
6.4.1 Mitsubishi Heavy Industries Comapny Information
6.4.2 Mitsubishi Heavy Industries Business Overview
6.4.3 Mitsubishi Heavy Industries Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Mitsubishi Heavy Industries Marine Propulsion Engines Product Portfolio
6.4.5 Mitsubishi Heavy Industries Recent Developments
6.5 Caterpillar
6.5.1 Caterpillar Comapny Information
6.5.2 Caterpillar Business Overview
6.5.3 Caterpillar Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Caterpillar Marine Propulsion Engines Product Portfolio
6.5.5 Caterpillar Recent Developments
6.6 Daihatsu
6.6.1 Daihatsu Comapny Information
6.6.2 Daihatsu Business Overview
6.6.3 Daihatsu Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Daihatsu Marine Propulsion Engines Product Portfolio
6.6.5 Daihatsu Recent Developments
6.7 Yanmar
6.7.1 Yanmar Comapny Information
6.7.2 Yanmar Business Overview
6.7.3 Yanmar Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Yanmar Marine Propulsion Engines Product Portfolio
6.7.5 Yanmar Recent Developments
6.8 Cummins
6.8.1 Cummins Comapny Information
6.8.2 Cummins Business Overview
6.8.3 Cummins Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Cummins Marine Propulsion Engines Product Portfolio
6.8.5 Cummins Recent Developments
6.9 GE
6.9.1 GE Comapny Information
6.9.2 GE Business Overview
6.9.3 GE Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.9.4 GE Marine Propulsion Engines Product Portfolio
6.9.5 GE Recent Developments
6.10 Volvo Penta
6.10.1 Volvo Penta Comapny Information
6.10.2 Volvo Penta Business Overview
6.10.3 Volvo Penta Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Volvo Penta Marine Propulsion Engines Product Portfolio
6.10.5 Volvo Penta Recent Developments
6.11 Fairbanks Morse Engine
6.11.1 Fairbanks Morse Engine Comapny Information
6.11.2 Fairbanks Morse Engine Business Overview
6.11.3 Fairbanks Morse Engine Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Fairbanks Morse Engine Marine Propulsion Engines Product Portfolio
6.11.5 Fairbanks Morse Engine Recent Developments
6.12 BAE Systems
6.12.1 BAE Systems Comapny Information
6.12.2 BAE Systems Business Overview
6.12.3 BAE Systems Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.12.4 BAE Systems Marine Propulsion Engines Product Portfolio
6.12.5 BAE Systems Recent Developments
6.13 SCANIA
6.13.1 SCANIA Comapny Information
6.13.2 SCANIA Business Overview
6.13.3 SCANIA Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.13.4 SCANIA Marine Propulsion Engines Product Portfolio
6.13.5 SCANIA Recent Developments
6.14 Deere&Company
6.14.1 Deere&Company Comapny Information
6.14.2 Deere&Company Business Overview
6.14.3 Deere&Company Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Deere&Company Marine Propulsion Engines Product Portfolio
6.14.5 Deere&Company Recent Developments
6.15 Doosan
6.15.1 Doosan Comapny Information
6.15.2 Doosan Business Overview
6.15.3 Doosan Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Doosan Marine Propulsion Engines Product Portfolio
6.15.5 Doosan Recent Developments
6.16 STEYR MOTORS
6.16.1 STEYR MOTORS Comapny Information
6.16.2 STEYR MOTORS Business Overview
6.16.3 STEYR MOTORS Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.16.4 STEYR MOTORS Marine Propulsion Engines Product Portfolio
6.16.5 STEYR MOTORS Recent Developments
6.17 CSIC
6.17.1 CSIC Comapny Information
6.17.2 CSIC Business Overview
6.17.3 CSIC Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.17.4 CSIC Marine Propulsion Engines Product Portfolio
6.17.5 CSIC Recent Developments
6.18 CSSC
6.18.1 CSSC Comapny Information
6.18.2 CSSC Business Overview
6.18.3 CSSC Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.18.4 CSSC Marine Propulsion Engines Product Portfolio
6.18.5 CSSC Recent Developments
6.19 Weichai
6.19.1 Weichai Comapny Information
6.19.2 Weichai Business Overview
6.19.3 Weichai Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.19.4 Weichai Marine Propulsion Engines Product Portfolio
6.19.5 Weichai Recent Developments
6.20 SDEC
6.20.1 SDEC Comapny Information
6.20.2 SDEC Business Overview
6.20.3 SDEC Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.20.4 SDEC Marine Propulsion Engines Product Portfolio
6.20.5 SDEC Recent Developments
6.21 YUCHAI
6.21.1 YUCHAI Comapny Information
6.21.2 YUCHAI Business Overview
6.21.3 YUCHAI Marine Propulsion Engines Sales, Revenue and Gross Margin (2019-2024)
6.21.4 YUCHAI Marine Propulsion Engines Product Portfolio
6.21.5 YUCHAI Recent Developments
7 North America by Country
7.1 North America Marine Propulsion Engines Sales by Country
7.1.1 North America Marine Propulsion Engines Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Marine Propulsion Engines Sales by Country (2019-2024)
7.1.3 North America Marine Propulsion Engines Sales Forecast by Country (2025-2030)
7.2 North America Marine Propulsion Engines Market Size by Country
7.2.1 North America Marine Propulsion Engines Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Marine Propulsion Engines Market Size by Country (2019-2024)
7.2.3 North America Marine Propulsion Engines Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Marine Propulsion Engines Sales by Country
8.1.1 Europe Marine Propulsion Engines Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Marine Propulsion Engines Sales by Country (2019-2024)
8.1.3 Europe Marine Propulsion Engines Sales Forecast by Country (2025-2030)
8.2 Europe Marine Propulsion Engines Market Size by Country
8.2.1 Europe Marine Propulsion Engines Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Marine Propulsion Engines Market Size by Country (2019-2024)
8.2.3 Europe Marine Propulsion Engines Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Marine Propulsion Engines Sales by Country
9.1.1 Asia-Pacific Marine Propulsion Engines Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Marine Propulsion Engines Sales by Country (2019-2024)
9.1.3 Asia-Pacific Marine Propulsion Engines Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Marine Propulsion Engines Market Size by Country
9.2.1 Asia-Pacific Marine Propulsion Engines Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Marine Propulsion Engines Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Marine Propulsion Engines Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Marine Propulsion Engines Sales by Country
10.1.1 Latin America Marine Propulsion Engines Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Marine Propulsion Engines Sales by Country (2019-2024)
10.1.3 Latin America Marine Propulsion Engines Sales Forecast by Country (2025-2030)
10.2 Latin America Marine Propulsion Engines Market Size by Country
10.2.1 Latin America Marine Propulsion Engines Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Marine Propulsion Engines Market Size by Country (2019-2024)
10.2.3 Latin America Marine Propulsion Engines Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Marine Propulsion Engines Sales by Country
11.1.1 Middle East and Africa Marine Propulsion Engines Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Marine Propulsion Engines Sales by Country (2019-2024)
11.1.3 Middle East and Africa Marine Propulsion Engines Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Marine Propulsion Engines Market Size by Country
11.2.1 Middle East and Africa Marine Propulsion Engines Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Marine Propulsion Engines Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Marine Propulsion Engines Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Marine Propulsion Engines Value Chain Analysis
12.1.1 Marine Propulsion Engines Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Marine Propulsion Engines Production Mode & Process
12.2 Marine Propulsion Engines Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Marine Propulsion Engines Distributors
12.2.3 Marine Propulsion Engines Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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