Marine Engines Market size was valued at USD 11.80 Bn. in 2022 and the total Marine Engines revenue is expected to grow at 2.8% through 2023 to 2029, reaching nearly USD 14.31 Bn.
Marine Engines Market Overview:
The purpose of this study is to provide an in-depth analysis of the Marine Engines Market by segments, industry, and geography. The study provides detailed information on the major factors influencing the growth of the Marine Engines industry. The study also provides a thorough examination of the market’s value chain.
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Marine Engines Market Scope:
The research method used to assess and forecast the Marine Engines market begins with gathering revenue data from key suppliers using secondary research sources. When defining market segmentation, vendor offerings are also considered. Using the bottom-up method, the income of major corporations was utilized to assess the total size of the Marine Engines market.
Marine Engines Market Segmentation:
by Type
Two Stroke
Four Stroke
by Engine
Propulsion Engine
Auxiliary Engine
by Fuel Type Heavy Fuel Oil
Marine Diesel Oil
Marine Gas Oil
Others
by Capacity
Up to 1,000 HP
1,001–5,000 HP
5,001–10,000 HP
10,001–20,000 HP
Above 20,000 HP
by Ship Type
Bulk Carriers
General Cargo Ships
Container Ships
Ferries & Passenger Ships
Oil Tankers
Others
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Marine Engines Market Key Players:
1. GM Powertrain
2. Caterpillar, Inc.
3. Cummins Engines
4. Wartsila Corporation
5. Rolls Royce
6. MAN Diesel & Turbo SE
7. Wärtsilä
8. Mitsubishi Heavy Industries
9. Hyundai Heavy Industries Co., Ltd.
10. Scania
11. YANMAR CO., LTD.
12. DAIHATSU DIESEL MFG.CO. LTD.
13. Nigata Power Systems Co., Ltd.
14. Fairbanks Morse Engine
15. Masson-Marine
16. General Electric Company
17. Mercury Marine
18. Sumitomo Heavy Industries
19. Brunswick Corporation
20. AB Volvo
21. John Deere
22. Daihatsu Diesel MFG. Co. Ltd.
23. Dresser-Rand Group, Inc.
24. Deutz AG
25. STX
Regional Analysis:
Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.
COVID-19 Impact Analysis on Marine Engines Market: The detailed review of COVID-19 impact on the Marine Engines market based on import, suppliers, ket players have also been included in the Marine Engines market report.
Key Questions Answered in the Marine Engines Market Report are:
Which segment had the largest share in the Marine Engines market?
How is the competitive landscape of the Marine Engines market?
Which are the key factors impacting the Marine Engines market growth?
Which region has the maximum share in the Marine Engines market?
What will be the CAGR of the Marine Engines market during the forecast period (2021-2027)?
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