Global Marine Low-Speed Diesel Engine Market Growth 2024-2030
Marine low-speed diesel engines are large diesel engines that usually rotate at speeds between 80 and 300 revolutions per minute (RPM). Compared with medium-speed and high-speed diesel engines, low-speed diesel engines have lower speeds but extremely high power output and efficiency, making them suitable for driving propellers on large ships. This type of engine is usually a two-stroke design, which can complete the intake, compression, combustion and exhaust processes through two strokes in each working cycle.
The global Marine Low-Speed Diesel Engine market size is projected to grow from US$ 278 million in 2024 to US$ 463 million in 2030; it is expected to grow at a CAGR of 8.9% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Marine Low-Speed Diesel Engine Industry Forecast” looks at past sales and reviews total world Marine Low-Speed Diesel Engine sales in 2023, providing a comprehensive analysis by region and market sector of projected Marine Low-Speed Diesel Engine sales for 2024 through 2030. With Marine Low-Speed Diesel Engine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Marine Low-Speed Diesel Engine industry.
This Insight Report provides a comprehensive analysis of the global Marine Low-Speed Diesel Engine 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 Low-Speed Diesel Engine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Marine Low-Speed Diesel Engine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Marine Low-Speed Diesel Engine 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 Low-Speed Diesel Engine.
United States market for Marine Low-Speed Diesel Engine is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Marine Low-Speed Diesel Engine is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Marine Low-Speed Diesel Engine is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Marine Low-Speed Diesel Engine players cover Japan Engine Corp, CSSC, RONG AN POWER, Antai Power Machinery, YICHANG MARINE DIESEL ENGINE COLTD, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Marine Low-Speed Diesel Engine market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Piston Engine
Cylinder Engine
Segmentation by Application:
Cargo Ship
Cruise 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 analysing the company's coverage, product portfolio, its market penetration.
Japan Engine Corp
CSSC
RONG AN POWER
Antai Power Machinery
YICHANG MARINE DIESEL ENGINE COLTD
Yungpu Heavy Machinery
Zhongji Hitachi Zosen Diesel Engine
MITSUI E&S
HANSHIN DIESEL WORKS
Hanwha Engine
Hyundai Marine Engine
China Shipbuilding Industry Group Power
Key Questions Addressed in this Report
What is the 10-year outlook for the global Marine Low-Speed Diesel Engine market?
What factors are driving Marine Low-Speed Diesel Engine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Marine Low-Speed Diesel Engine market opportunities vary by end market size?
How does Marine Low-Speed Diesel Engine break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.