Global $13Bn Marine Engines Market by 2024: Analysis by Fuel Type & Application
Marine Engines Market from recreational segment is projected to exceed USD 2 Billion by 2024 owing to rise in disposable income along with improvement in living standards.
Selbyville, United States – July 29, 2019 /MarketersMedia/ —
The U.S. marine engines market is anticipated to exceed USD 1 billion by 2024. Ongoing research activities to develop systems in compliance to the environmental norms will augment the industry landscape. In addition, ongoing retrofitting activities across shipping yards toward the deployment of low emission systems will further complement the product demand.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2572
Marine Engines market is predicted to exceed USD 13 billion by 2024. Positive outlook toward marine industry along with rising seaborne trade will drive the business growth. In line with developments in the world economy, demand for shipping services witnessed robust growth. According to UNCTAD, in 2016, the global maritime trade volumes increased by 2.6% with container trade accounting for more than 23% of the global marine trade.
MGO marine engines market is set to witness growth owing to the paradigm shift by shipowners toward adoption of eco-friendly fuel coupled with introduction of regulations and norms by IMO under the MARPOL. Generation of the lowest fuel concentration of Sox and Nox is one of the distinct feature propelling the product demand.
• Pages: 497
• Tables: 740
• Charts / Figures: 17
• Companies covered: 20
• Countries covered: 27
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2572
Large-scale adoption of vessels including tankers, bulk carriers and cargo will fuel the low-speed marine engines market growth. Global rise across seagoing vessel trade coupled with cost efficient fuel utilization will encourage the product demand. Furthermore, increasing adoption of these products across merchant and container vessels will stimulate the business growth.
Recreational marine engines market is projected to grow owing to rising disposable income coupled with improving standard of living. Increasing demand for comfort and luxury, resulting in growing investments toward cruise vessels will subsequently boost the industry landscape. Positive outlook toward tourism industry as a result of resurgent economic growth post-recession will further enhance the business landscape.
Positive outlook towards shipbuilding industry along with technological innovations to develop clean fuel engines is set to stimulate Germany marine engines market growth. Shifting focus toward cruise ships, wind farm service, mega yachts, military and ro-pax will boost the product penetration.
Limited maintenance and lightweight unit requirement are the prime imperative factors that will enhance the medium speed marine engines market. In addition, growing maritime tourism along with rising demand for cruise ships and ferries will positively impact the industry outlook. As per FCCA, in 2015, cruise ships voyaged over 23 billion passengers across the globe.
Two-stroke marine engines market is projected to witness strong growth on account of technological advancements for the improvement in operational efficiency to comply with the environmental norms. These systems have thermal efficiency as high as over 50% and offers higher power even at low rotational speed.
Browse Complete Summary of this report @ https://www.gminsights.com/industry-analysis/marine-engines-market
Companies Profiled based on Business Overview, Financial Data, Product Landscape, Strategic Outlook & SWOT Analysis:
1. Brunswick
2. Anglo Belgian
3. Caterpillar
4. Daihatsu
5. Deutz
6. Cummins
7. John Deere
8. MAN D&T
9. Shanghai Diesel
10. Rolls Royce
11. STX
12. Volvo Penta
13. Scania
14. IHI Corporation
15. Yanmar
16. Wärtsilä
17. Yamaha
18. Weichai
19. and Yuchai.
Notable industry players include Brunswick, Anglo Belgian, Caterpillar, Daihatsu Diesel, Cummins, Deutz, Shanghai Diesel, John Deere, MAN D&T, Rolls Royce, STX, Scania, Volvo Penta, Wartsila, IHI Corporation, Yanmar, Yamaha, Yuchai and Weichai.
Partial Table of Contents (ToC) of the report:
Chapter 4. Marine Engines Market, By Fuel
4.1. Global marine engines market share by fuel, 2017 & 2024
4.2. MDO
4.2.1. Global market by MDO, 2013-2024
4.2.2. Global market by MDO, by region 2013 – 2024
4.3. MGO
4.3.1. Global market by MGO, 2013-2024,
4.3.2. Global market by MGO, by region 2013 – 2024
4.4. LNG
4.4.1. Global market by LNG, 2013-2024,
4.4.2. Global market by LNG, by region 2013 – 2024
4.5. Hybrid
4.5.1. Global market by hybrid, 2013-2024,
4.5.2. Global market by hybrid, by region 2013 – 2024
4.6. Others
4.6.1. Global market by others, 2013-2024,
4.6.2. Global market by others, by region 2013 – 2024
Chapter 5. Marine Engines Market, By Power
5.1. Global marine engines market share by power, 2017 & 2024
5.2. 20,000 HP, by region 2013 – 2024
Chapter 6. Marine Engines Market, By Technology
6.1. Global marine engines market share by technology, 2017 & 2024
6.2. Low Speed
6.2.1. Global market by low speed, 2013-2024
6.2.2. Global market by low speed, by region 2013 – 2024
6.3. Medium Speed
6.3.1. Global market by medium speed, 2013-2024
6.3.2. Global market by medium speed, by region 2013 – 2024
6.4. High Speed
6.4.1. Global market by high speed, 2013-2024
6.4.2. Global market by high speed, by region 2013 – 2024
Chapter 7. Marine Engines Market, By Propulsion
7.1. Global marine engines market share by propulsion, 2017 & 2024
7.2. 2-stroke
7.2.1. Global market by 2-stroke, 2013-2024
7.2.2. Global market by 2-stroke, by region 2013 – 2024
7.3. 4-stroke
7.3.1. Global market by 4-stroke, 2013-2024
7.3.2. Global market by 4-stroke, by region 2013 – 2024
Chapter 8. Marine Engines Market, By Application
8.1. Global marine engines market share by application, 2017 & 2024
8.2. Commercial
8.2.1. Global market by commercial, 2013-2024
8.2.2. Global market by commercial, by region 2013 – 2024
8.2.3. Container Vessels
8.2.3.1. Global market by container vessels, 2014-2024
8.2.3.2. Global market by container vessels, by region 2013 – 2024
8.2.4. Tankers
8.2.4.1. Global market by tankers, 2013-2024
8.2.4.2. 8.2.4.2 Global market by tankers, by region 2013 – 2024
8.2.5. Bulk Carriers
8.2.5.1. Global market by bulk carriers, 2013-2024
8.2.5.2. Global market by bulk carriers, by region 2013 – 2024
8.2.6. Roll On/Roll Off
8.2.6.1. Global market by roll on/roll off, 2013-2024
8.2.6.2. Global market by roll on/roll off, by region 2013 – 2024
8.2.7. Others
8.2.7.1. Global market by others, 2013-2024
8.2.7.2. Global market by others, by region 2013 – 2024
8.3. Offshore
8.3.1. Global market by offshore, 2013-2024
8.3.2. Global market by offshore, by region 2013 – 2024
8.3.3. AHTS
8.3.3.1. Global market by AHTS, 2013-2024
8.3.3.2. Global market by AHTS, by region 2013 – 2024
8.3.4. PSV
8.3.4.1. Global market by PSV, 2013-2024
8.3.4.2. Global market by PSV, by region 2013 – 2024
8.3.5. FSV
8.3.5.1. Global market by FSV, 2013-2024
8.3.5.2. Global market by FSV, by region 2013 – 2024
8.3.6. MPSV
8.3.6.1. Global market by MPSV, 2013-2024
8.3.6.2. Global market by MPSV, by region 2013 – 2024
8.3.7. Others
8.3.7.1. Global market by others, 2013-2024
8.3.7.2. Global market by others, by region 2013 – 2024
8.4. Recreational
8.4.1. Global market by recreational, 2013-2024
8.4.2. Global market by recreational, by region 2013 – 2024
8.4.3. Cruise ships
8.4.3.1. Global market by cruise ships, 2013-2024
8.4.3.2. Global market by cruise ships, by region 2013 – 2024
8.4.4. Ferries
8.4.4.1. Global market by ferries, 2013-2024
8.4.4.2. Global market by ferries, by region 2013 – 2024
8.4.5. Yachts
8.4.5.1. Global market by yachts, 2013-2024
8.4.5.2. Global market by yachts, by region 2013 – 2024
8.4.6. Others
8.4.6.1. Global market by others, 2013-2024
8.4.6.2. Global market by others, by region 2013 – 2024
8.5. Navy
8.5.1. Global market by navy, 2013-2024
8.5.2. Global market by navy, by region 2013 – 2024
8.6. Others
8.6.1. Global market by others, 2013-2024
8.6.2. Global market by others, by region 2013 – 2024
Browse complete table of content of this report @ https://www.gminsights.com/toc/detail/marine-engines-market
Related Report
Marine Engines Market Study Report 2019-2024| Wartsila,Caterpillar,Cummins Inc.,Brunswick Corporation,
Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Global Market Insights, Inc.
Website: https://www.gminsights.com/pressrelease/marine-engines-market
Source: MarketersMedia
Release ID: 88902131
Copyright © 1999-2013 SproutNews.com
