Marine Engines Market Size Strong Revenue and Competitive Outlook to Forecast 2030
Marine Engines Market Report 2025 by Delvens offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance, the Marine Engines Market size is projected to reach a CAGR of 3.9% to 2030.
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Marine propulsion is the system or mechanism used to generate thrust that allows a small boat or even a ship to move across waterways. Modern ships are usually equipped with mechanical systems consisting of an electric motor turning a propeller, or even pump-jets or an impeller, and they use reciprocating engines as the main source of power.
Regional Analysis
Asia Pacific is expected to be the largest marine engines market during the forecast period. Asia Pacific comprises China, Japan, South Korea, India, Australia, and the Rest of Asia Pacific.
Recent Developments
· Yanmar Marine International commenced installations of its new high horsepower 6LF diesel engines, with outstanding results reported from the first project completed in Europe. In the milestone installation, certified Yanmar dealer Motonáutica Balear in Mallorca repowered Magnum 40 motorboat Adriana with two Yanmar 6LF530 models and upgraded the electronics and controls.
· MAN Diesel & Turbo SE won the contract to supply the engines for a new harbor tug in Spain, which would be operated by P&O Reyser in the Port of Barcelona, which is expected to enter service from mid-2020.
Key Players of Marine Engines Market
· MAN Diesel & Turbo
· Wartsila
· Hyundai Heavy Industries Co. Ltd
· Daihatsu Diesel Mfg. Co. Ltd
· Caterpillar
· Mitsubishi Heavy Industries
· Volvo Penta
· Rolls-Royce
· Cummins
· GE Transportation
· Deutz AG and More
Marine Engines Market is segmented into range, engine, vessel, type, fuel and region.
On the basis of Range
· Up to 1000 hp
· 1001 – 5000 hp
· Above 20000 hp
On the basis of Engine
· Propulsion Engine
· Auxiliary Engine
On the basis of Vessel
· Commercial Vessel
· Offshore Support Vessel
· Others
On the basis of Type
· Two-stroke
· Four-stroke
On the basis of Fuel
· Heavy Fuel oil
· Marine Gas Oil
· Other
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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In addition to the market data for Marine Engines Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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