Report overview
Marine Propulsion Engines are used to generate thrust to move a ship or boat across water.
This report aims to provide a comprehensive presentation of the global market for Marine Engine Propulsion, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Marine Engine Propulsion. This report contains market size and forecasts of Marine Engine Propulsion in global, including the following market information:
Global Marine Engine Propulsion Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Marine Engine Propulsion Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Marine Engine Propulsion companies in 2022 (%)
The global Marine Engine Propulsion market was valued at US$ 10280 million in 2022 and is projected to reach US$ 12620 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Marine Propulsion Engines key players include W?rtsil?, MAN Energy Solutions, Rolls Royce, Mitsubishi Heavy Industries, Caterpillar etc. Global top five manufacturers hold a share over 45%.
Europe is the largest market, with a share over 20%, followed by Asia (Excluding China) and North America, both have a share over 40% percent.
In terms of product, Diesel Engine is the largest segment, with a share over 62%. And in terms of application, the largest application is Working Vessel followed by Transport Vessel.
We surveyed the Marine Engine Propulsion manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Marine Engine Propulsion Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Marine Engine Propulsion Market Segment Percentages, by Type, 2022 (%)
Propeller
Water Jet
Special Thrusters
Global Marine Engine Propulsion Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Marine Engine Propulsion Market Segment Percentages, by Application, 2022 (%)
Yacht
Sailing
Tug
Others
Global Marine Engine Propulsion Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Marine Engine Propulsion Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Marine Engine Propulsion revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Marine Engine Propulsion revenues share in global market, 2022 (%)
Key companies Marine Engine Propulsion sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Marine Engine Propulsion sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
ZF Friedrichshafen AG
Alpatek B.V.
Niigata Power Systems
Masson Marine
Poseidon Propulsion BV
C.M.T
ERIS PROPELLERS
Thrustmaster of Texas
Fountom Marine
VETH PROPULSION
Fischer Panda
Hydro Armor
Rolls-Royce
Dutch Thrustleader Marine Propulsion
Wartsila Corporation
Schottel
Jastram
Outline of Major Chapters:
Chapter 1: Introduces the definition of Marine Engine Propulsion, market overview.
Chapter 2: Global Marine Engine Propulsion market size in revenue and volume.
Chapter 3: Detailed analysis of Marine Engine Propulsion manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Marine Engine Propulsion in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Marine Engine Propulsion capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
