Global Marine and Maritime Engines Market Growth 2025-2031

The global Marine and Maritime Engines market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

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.

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.

LP Information, Inc. (LPI) ' newest research report, the “Marine and Maritime Engines Industry Forecast” looks at past sales and reviews total world Marine and Maritime Engines sales in 2024, providing a comprehensive analysis by region and market sector of projected Marine and Maritime Engines sales for 2025 through 2031. 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.

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

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 analysing 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 by Power, by Application?

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