Global Marine and Maritime Engines Market Growth 2023-2029

Global Marine and Maritime Engines Market Growth 2023-2029

The Marine and Maritime Engine refers to the petrol, diesel engines or dual-fuel engines that have been used in the marine environment.Marine and maritime engine are responsible for propulsion of the vessel from one port to another. Whether it’s of a small ship plying in the coastal areas or of a massive one voyaging international waters, a marine engine of either 4-stroke or 2-stroke is fitted onboard ship for the propulsion purpose.
LPI (LP Information)' newest research report, the “Marine and Maritime Engines Industry Forecast” looks at past sales and reviews total world Marine and Maritime Engines sales in 2022, providing a comprehensive analysis by region and market sector of projected Marine and Maritime Engines sales for 2023 through 2029. With Marine and Maritime Engines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Marine and Maritime Engines industry.
This Insight Report provides a comprehensive analysis of the global Marine and Maritime 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 and Maritime Engines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Marine and Maritime Engines market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Marine and Maritime Engines and breaks down the forecast by power, 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 and Maritime Engines.
The global Marine and Maritime Engines market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
The major manufacturers that provide marine engines in the Asia-Pacific region include Hyundai Heavy Industries and China State Shipbuilding Corporation. The first two manufacturers account for about 50% of the market. Among them, the power of 10,000 to 20,000 kilowatts and 20,000 to 30,000 kilowatts accounted for 25% and 20%, respectively. The most widely used are bulk carriers and oil tankers, accounting for 44% and 28% respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of Marine and Maritime Engines market by product power, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by power
Less than 2000 KW
2000 to 5000 KW
5000 to 10000 KW
10000 to 20000 KW
20000 to 30000 KW
More than30000 KW
Segmentation by application
Bulk Carriers
Oil Tankers
Container Ships
Gas Carriers
Chemical Tankers
Ferries And Passenger Ships
General Cargo Ships
Others
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.
Hyundai Heavy Industries
China State Shipbuilding Corporation
HSD Engine Co., Ltd
Mitsui E&S
Daihatsu Diesel
IHI Power Systems Co.,Ltd.
J-ENG
Wartsila
Man Energy Solution
Caterpillar
Yanmar
Key Questions Addressed in this Report
What is the 10-year outlook for the global Marine and Maritime Engines market?
What factors are driving Marine and Maritime Engines market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Marine and Maritime Engines market opportunities vary by end market size?
How does Marine and Maritime Engines break out power, 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.