According to Stratistics MRC, the Global Marine Engines Market is accounted for $12.91 billion in 2017 and is expected to reach $18.55 billion by 2026 growing at a CAGR of 4.1% from 2017 to 2026. Some of the factors such as increase in maritime tourism, growth in shipbuilding activities and rising usage of environment friendly LNG-fueled engines are favoring the market. However, strict environmental regulations coming into effect are hampering the market. Moreover, increasing demand for dual-fuel engines will provide ample opportunities for growth of the market.
Marine engines are used to provide power to marine vehicles like ships, submarines and boats. They are the engines which are installed in the marine vehicles. These engines consist of different components including crankshaft, liner, pistons, bedplate and head. They are constructed with corrosion inhibiting materials and their seals & bearings are especially designed for sea operating environment. Marine vehicles can be either commercial, defense or for personal use.
By Vessel, Commercial Vessel acquired significant share during forecast period due to rise in the international seaborne trade. The Bulk carriers in Commercial Vessels are used to transport loose dry cargoes such as ore, grains and cement. Based on Geography, Asia Pacific dominated the market growth due to increase in seaborne trade, rise in defense spending and flourishing shipbuilding industry.
Some of the key players in this market include Anglo Belgian Corporation, Dolphin Engines, Calcutt Boats Ltd, Caterpillar Marine Power Systems, Daihatsu Diesel Pro, Deutz Ag, GMT, IHI Corporation Ltd., Jason Engineering As, Scania, SIA Rigas Dizelis DG, STX Engine, GE Transportation, Cummins Inc. and Rolls-Royce Power Systems AG.
Power range Covered:
• Above 20,000 HP
• 10,001-20,000 HP
• 5,001-10,000 HP
• 1,001-5,000 HP
• Up to 1,000 HP
Fuels Covered:
• Heavy Fuel Oil
• Intermediate Fuel Oil
• Marine Diesel Oil (MDO)
• Gasoline
• Gas Turbine
• Marine Gas Oil (MGO)
• Hybrid
• Liquefied Natural Gas (LNG)
• Other Fuels
Types Covered:
• Two-Stroke
• Four-Stroke
• Other Types
Vessels Covered:
• Commercial Vessel
• Inland Water Ways
• Offshore Support Vessel
• Other Vessels
Ship Types Covered:
• Cargo
• Passenger Ship
Engines Covered:
• Propulsion Engine
• Auxiliary Engine
• Generator Drive Engines
• Diesel Electric Engine
• Other Engines
Uses Covered:
• Crew Vessel
• StandBy & Rescue Vessel
• Other Uses
Technologies Covered:
• Low Speed
• Medium Speed
• High Speed
Applications Covered:
• Commercial Vessels
• Offshore Vessels
• Recreational
• Navy
• Inland Waterways Vessels
• Tanker
• Special Carriers
• Pure Car Carrier
• Product Carrier
• Reefer
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Marine Engines Market, By Power Range
5.1 Introduction
5.2 Above 20,000 HP
5.3 10,001-20,000 HP
5.4 5,001-10,000 HP
5.5 1,001-5,000 HP
5.6 Up to 1,000 HP
6 Global Marine Engines Market, By Fuel
6.1 Introduction
6.2 Heavy Fuel Oil
6.3 Intermediate Fuel Oil
6.4 Marine Diesel Oil (MDO)
6.5 Gasoline
6.6 Gas Turbine
6.6 Marine Gas Oil (MGO)
6.8 Hybrid
6.9 Liquefied Natural Gas (LNG)
6.10 Other Fuels
7 Global Marine Engines Market, By Type
7.1 Introduction
7.2 Two-Stroke
7.3 Four-Stroke
7.4 Other Types
8 Global Marine Engines Market, By Ship Type
8.1 Introduction
8.2 Cargo
8.3 Passenger Ship
9 Global Marine Engines Market, By Engine
9.1 Introduction
9.2 Propulsion Engine
9.3 Auxiliary Engine
9.4 Generator Drive Engines
9.5 Diesel Electric Engine
9.6 Other Engines
10 Global Marine Engines Market, By Use
10.1 Introduction
10.2 Crew Vessel
10.3 StandBy & Rescue Vessel
10.4 Other Uses
11 Global Marine Engines Market, By Technology
11.1 Introduction
11.2 Low Speed
11.3 Medium Speed
11.4 High Speed
12 Global Marine Engines Market, By Application
12.1 Introduction
12.2 Commercial Vessels
12.2.1 Bulk Carriers
12.2.2 Tankers
12.2.3 Container Vessels
12.2.4 Roll On/Roll Off
12.2.5 Other Commercials
12.3 Offshore Vessels
12.3.1 Anchor Handling Tug Supply Vessels (AHTS)
12.3.2 Platform Supply Vessel ( PSV)
12.3.3 Multi-purpose Supply Vessel (MPSV)
12.3.4 Fast Supply Vessel (FSV)
12.3.5 Other Offshores
12.4 Recreational
12.4.1 Ferries
12.4.2 Cruise ships
12.4.3 Yachts
12.4.4 Other Recreationals
12.5 Navy
12.6 Inland Waterways Vessels
12.7 Tanker
12.8 Special Carriers
12.9 Pure Car Carrier
12.10 Product Carrier
12.11 Reefer
12.12 Other Applications
13 Global Marine Engines Market, By Geography
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 Italy
13.3.4 France
13.3.5 Spain
13.3.6 Rest of Europe
13.4 Asia Pacific
13.4.1 Japan
13.4.2 China
13.4.3 India
13.4.4 Australia
13.4.5 New Zealand
13.4.6 South Korea
13.4.7 Rest of Asia Pacific
13.5 South America
13.5.1 Argentina
13.5.2 Brazil
13.5.3 Chile
13.5.4 Rest of South America
13.6 Middle East & Africa
13.6.1 Saudi Arabia
13.6.2 UAE
13.6.3 Qatar
13.6.4 South Africa
13.6.5 Rest of Middle East & Africa
14 Key Developments
14.1 Agreements, Partnerships, Collaborations and Joint Ventures
14.2 Acquisitions & Mergers
14.3 New Product Launch
14.4 Expansions
14.5 Other Key Strategies
15 Company Profiling
15.1 Anglo Belgian Corporation
15.2 Dolphin Engines
15.3 Calcutt Boats Ltd
15.4 Caterpillar Marine Power Systems
15.5 Daihatsu Diesel Pro
15.6 Deutz Ag
15.7 GMT
15.8 IHI Corporation Ltd.
15.9 Jason Engineering As
15.10 Scania
15.11 SIA Rigas Dizelis DG
15.12 STX Engine
15.13 GE Transportation
15.14 Cummins Inc.
15.15 Rolls-Royce Power Systems AG
List of Tables
Table 1 Global Marine Engines Market Outlook, By Region (2016-2026) ($MN)
Table 2 Global Marine Engines Market Outlook, By Power Range (2016-2026) ($MN)
Table 3 Global Marine Engines Market Outlook, By Above 20,000 HP (2016-2026) ($MN)
Table 4 Global Marine Engines Market Outlook, By 10,001-20,000 HP (2016-2026) ($MN)
Table 5 Global Marine Engines Market Outlook, By 5,001-10,000 HP (2016-2026) ($MN)
Table 6 Global Marine Engines Market Outlook, By 1,001-5,000 HP (2016-2026) ($MN)
Table 7 Global Marine Engines Market Outlook, By Up to 1,000 HP (2016-2026) ($MN)
Table 8 Global Marine Engines Market Outlook, By Fuel (2016-2026) ($MN)
Table 9 Global Marine Engines Market Outlook, By Heavy Fuel Oil (2016-2026) ($MN)
Table 10 Global Marine Engines Market Outlook, By Intermediate Fuel Oil (2016-2026) ($MN)
Table 11 Global Marine Engines Market Outlook, By Marine Diesel Oil (MDO) (2016-2026) ($MN)
Table 12 Global Marine Engines Market Outlook, By Gasoline (2016-2026) ($MN)
Table 13 Global Marine Engines Market Outlook, By Gas Turbine (2016-2026) ($MN)
Table 14 Global Marine Engines Market Outlook, By Marine Gas Oil (MGO) (2016-2026) ($MN)
Table 15 Global Marine Engines Market Outlook, By Hybrid (2016-2026) ($MN)
Table 16 Global Marine Engines Market Outlook, By Liquefied Natural Gas (LNG) (2016-2026) ($MN)
Table 17 Global Marine Engines Market Outlook, By Other Fuels (2016-2026) ($MN)
Table 18 Global Marine Engines Market Outlook, By Type (2016-2026) ($MN)
Table 19 Global Marine Engines Market Outlook, By Two-Stroke (2016-2026) ($MN)
Table 20 Global Marine Engines Market Outlook, By Four-Stroke (2016-2026) ($MN)
Table 21 Global Marine Engines Market Outlook, By Other Types (2016-2026) ($MN)
Table 22 Global Marine Engines Market Outlook, By Ship Type (2016-2026) ($MN)
Table 23 Global Marine Engines Market Outlook, By Cargo (2016-2026) ($MN)
Table 24 Global Marine Engines Market Outlook, By Passenger Ship (2016-2026) ($MN)
Table 25 Global Marine Engines Market Outlook, By Engine (2016-2026) ($MN)
Table 26 Global Marine Engines Market Outlook, By Propulsion Engine (2016-2026) ($MN)
Table 27 Global Marine Engines Market Outlook, By Auxiliary Engine (2016-2026) ($MN)
Table 28 Global Marine Engines Market Outlook, By Generator Drive Engines (2016-2026) ($MN)
Table 29 Global Marine Engines Market Outlook, By Diesel Electric Engine (2016-2026) ($MN)
Table 30 Global Marine Engines Market Outlook, By Other Engines (2016-2026) ($MN)
Table 31 Global Marine Engines Market Outlook, By Use (2016-2026) ($MN)
Table 32 Global Marine Engines Market Outlook, By Crew Vessel (2016-2026) ($MN)
Table 33 Global Marine Engines Market Outlook, By StandBy & Rescue Vessel (2016-2026) ($MN)
Table 34 Global Marine Engines Market Outlook, By Other Uses (2016-2026) ($MN)
Table 35 Global Marine Engines Market Outlook, By Technology (2016-2026) ($MN)
Table 36 Global Marine Engines Market Outlook, By Low Speed (2016-2026) ($MN)
Table 37 Global Marine Engines Market Outlook, By Medium Speed (2016-2026) ($MN)
Table 38 Global Marine Engines Market Outlook, By High Speed (2016-2026) ($MN)
Table 39 Global Marine Engines Market Outlook, By Application (2016-2026) ($MN)
Table 40 Global Marine Engines Market Outlook, By Commercial Vessels (2016-2026) ($MN)
Table 41 Global Marine Engines Market Outlook, By Bulk Carriers (2016-2026) ($MN)
Table 42 Global Marine Engines Market Outlook, By Tankers (2016-2026) ($MN)
Table 43 Global Marine Engines Market Outlook, By Container Vessels (2016-2026) ($MN)
Table 44 Global Marine Engines Market Outlook, By Roll On/Roll Off (2016-2026) ($MN)
Table 45 Global Marine Engines Market Outlook, By Other Commercials (2016-2026) ($MN)
Table 46 Global Marine Engines Market Outlook, By Offshore Vessels (2016-2026) ($MN)
Table 47 Global Marine Engines Market Outlook, By Anchor Handling Tug Supply Vessels (AHTS) (2016-2026) ($MN)
Table 48 Global Marine Engines Market Outlook, By Platform Supply Vessel ( PSV) (2016-2026) ($MN)
Table 49 Global Marine Engines Market Outlook, By Multi-purpose Supply Vessel (MPSV) (2016-2026) ($MN)
Table 50 Global Marine Engines Market Outlook, By Fast Supply Vessel (FSV) (2016-2026) ($MN)
Table 51 Global Marine Engines Market Outlook, By Other Offshores (2016-2026) ($MN)
Table 52 Global Marine Engines Market Outlook, By Recreational (2016-2026) ($MN)
Table 53 Global Marine Engines Market Outlook, By Ferries (2016-2026) ($MN)
Table 54 Global Marine Engines Market Outlook, By Cruise ships (2016-2026) ($MN)
Table 55 Global Marine Engines Market Outlook, By Yachts (2016-2026) ($MN)
Table 56 Global Marine Engines Market Outlook, By Other Recreationals (2016-2026) ($MN)
Table 57 Global Marine Engines Market Outlook, By Navy (2016-2026) ($MN)
Table 58 Global Marine Engines Market Outlook, By Inland Waterways Vessels (2016-2026) ($MN)
Table 59 Global Marine Engines Market Outlook, By Tanker (2016-2026) ($MN)
Table 60 Global Marine Engines Market Outlook, By Special Carriers (2016-2026) ($MN)
Table 61 Global Marine Engines Market Outlook, By Pure Car Carrier (2016-2026) ($MN)
Table 62 Global Marine Engines Market Outlook, By Product Carrier (2016-2026) ($MN)
Table 63 Global Marine Engines Market Outlook, By Reefer (2016-2026) ($MN)
Table 64 Global Marine Engines Market Outlook, By Other Applications (2016-2026) ($MN)
Note: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the above manner.
Cross-segment Market Size and Analysis for
Mentioned Segments
