Global Marine Engines Market Growth 2023-2029

Global Marine Engines Market Growth 2023-2029

Increased demand of commercial vessels and rise in ship-building industry will drive the growth in the marine engines market.

LPI (LP Information)' newest research report, the “Marine Engines Industry Forecast” looks at past sales and reviews total world Marine Engines sales in 2022, providing a comprehensive analysis by region and market sector of projected Marine Engines sales for 2023 through 2029. With Marine Engines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Marine Engines industry.

This Insight Report provides a comprehensive analysis of the global Marine Engines landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Marine Engines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Marine Engines market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Marine Engines and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Marine Engines.

The global Marine Engines market size is projected to grow from US$ 11350 million in 2022 to US$ 13200 million in 2029; it is expected to grow at a CAGR of 13200 from 2023 to 2029.

Asia-Pacific will dominate the marine engines market largely due to rise in ship-building activity in China, South Korea, and Japan.

This report presents a comprehensive overview, market shares, and growth opportunities of Marine Engines market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Below 1,000HP
1,000～5,000HP
5,001～10,000HP
10,001～20,000HP
Above 20,000HP

Segmentation by application
Ferry
Cruise
Container Ship
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Caterpillar
Man Diesel & Turbo
Wartsila
Rolls-Royce Power Systems
Brunswick
Volvo
Cummins
GE Transportation
Scania
John Deere
Daihatsudiesel
Dresser-Rand
Deutz

Key Questions Addressed in this Report

What is the 10-year outlook for the global Marine Engines market?

What factors are driving Marine Engines market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Marine Engines market opportunities vary by end market size?

How does Marine Engines break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.