- By Component (A Frame, Bearings, Bedplate, ….., …..)
- By Ship Type (Commercial Ship, Naval Ship)
- By Commercial Ship (Bulk Carrier, Container Ship, Fishing Vessel, General Cargo Ship, Offshore Vessel, Passenger Ship, Recreational Boats, Tankers, Tugs, Others)
- By Naval Ship (Submarine, Amphibious Assault Ships, Auxiliary Ship, Frigate – Destroyer – Corvette, Patrol Boats, Others)
- By Power Range (Up to 1000 HP, 1000 to 5000 HP, 5000 to 10000 HP, 10000 HP to 20000 HP, 20000 HP to 40000 HP, Above 40000 HP)
- By Point of Sale (Line Fit, Retro Fit)
MARINE ENGINE MARKET REPORT CUSTOMIZATION Request Sample PDF for Undisclosed Values
| Additional Qualitative Customization |
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|---|---|
| Additional Segment Customization |
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| Cross Segment Customization |
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| Additional Country Level Analysis in Customization |
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REPORT OVERVIEW
The marine engine market report offers a comprehensive analysis of industry trends, growth opportunities, and the competitive landscape. It includes detailed market projections, evaluates supply chain dynamics, and highlights technological advancements such as fuel-efficient engines, hybrid propulsion systems, and compliance with environmental regulations. The report explores key industry developments, market entry strategies, merger and acquisition opportunities, and regional growth drivers influenced by rising maritime trade, increasing demand for commercial vessels, and a growing focus on sustainable shipping solutions. It provides actionable insights to help stakeholders capitalize on emerging opportunities and navigate this evolving market effectively.
Marine Engine is the core of marine propulsion system which generates thrust which will drive the vessel. Marine engines run on different fuels such as heavy fuel oil, intermediate fuel oil, marine diesel oil, hybrid fuels and so on. Different components of the engine consist of bedplate, cylinder blocks, valves, heat exchangers, turbochargers and so on.
Paradigm shift towards sustainable marine transport and green fuel initiatives have witnessed significant investments from ship owners and operators. Growing demand for new build ships and engine retrofitting has proliferated the global marine engine market growth. For instance, in January 2024, MAN Energy Solution received an order of 48 MAN 18V51/60DF dual-fuel engines from Karpowership. MAN 18V51/60DF dual-fuel engine has flexibility to run on natural gas, marine gas oil (MGO), marine diesel oil (MDO), heavy fuel oil (HFO) and crude oil. Such demand from various end users across the globe catalyzes the marine engine market.
GLOBAL MARINE ENGINE MARKET TREND
Adoption of Low Emission and Hybrid Engines is a Prominent Trend for Global Marine Engine Market
Recent advancements in utilization of methanol, ammonia, and dual fuels such as LNG-IFO, LNG-HFO, LNG-MDO, LNG-MDO-HFO, MGO-HFO, LNG-MGO, LNG-MGO-HFO and so on increased the demand of dual fuel engines. For example, in November 2023, Wärtsilä launched ammonia fueled 4 stroke engine for maritime industry. Ammonia is considered to be the potential option for green and sustainable shipping.
Initiatives towards net zero emission by 2050 in maritime industry has further catalyzed the demand of dual fuel engines. For example, in September 2023, HD Hyundai Heavy Industries was awarded a contract to supply 16 sets of methanol dual fuel engines (8H32DF-LM). Besides new build ship, retrofitting of dual fuel engine is also an emerging trend in the market. In October 2023, Maersk awarded a contract for retrofitting of methanol dual fuel engine in containership. The contract was given to Zhoushan Xinya Shipyard in collaboration with MAN Energy Solutions. Such initiatives towards low emission shipping are fueling the global marine engine market growth during the forecast period.
DRIVING FACTORS FOR GLOBAL MARINE ENGINE MARKET OUTLOOK
Key Developments in Green Shipping and Investments in Advanced Propulsion System is a Key Driving Factor in Marine Engine Market Forecast
Implementation of several emission norms by International Maritime Organization (IMO) paved the way for increased investments in line fit and retro fit of advanced marine engines. Under GHG strategy, IMO has aimed to achieve net zero GHG emission by 2050. IMO has stated the plan to implement Carbon Intensity Indicator (CII) from A to E for marine vessels. Ships with poor ratings will be fined and ship owners have to take corrective measures. Such initiatives will catalyze the investments in fleet upgradation with efficient and sustainable propulsion to match the emission standards.
For example, in July 2023, Seaspan and Hapag-Lloyd signed an agreement with MAN Energy Solutions for retrofitting of their vessels. MAN Energy Solutions will provide 15 MAN B&W S90 marine engine to Seaspan and ME-LGIM dual fuel engines to Hapag-Lloyd. Similar demand has been witnessed from majority of shipping companies and individual owners in response to net zero emission strategy of IMO which propels the global marine engine market growth.
World Seaborne Trade (in Billion Tons)
RESTRAINING FACTORS FOR GLOBAL MARINE ENGINE MARKET ECONOMY
High Cost of Retrofitting and Increased Lead Time may Hamper the Marine Engine Market Growth
Maritime energy transition by 2050 would require conversion of thousands of ships with alternative fuel engine and propulsion system. Lack of shipyards with capability to convert conventional ships with advanced propulsion system may hamper the market growth during the forecast period. As per the estimate, besides existing old fleet, nearly 30% of new build ships will also require retrofitting within next decade owing to emission norms and regulations.
Moreover, retrofitting a ship with advanced marine engine is costlier than line fit solutions owing to increased complexity. High cost of alternative fuels such as ammonia and methanol also affects the profitability of shipping companies which paves the way for alternative solutions such as marine scrubber. Hence, such limitations pose major challenges and hamper the global marine engine market growth.
REGIONAL INSIGHTS
Geographically, the marine engine market is bifurcated into Asia Pacific, Europe, Latin America, Middle East & Africa, and North America. Key developments towards sustainable maritime industry have paved the way for advanced and dual duel marine engine across the globe. Major shipping companies across the globe such as CHINA COSCO SHIPPING, Maersk Supply Service, NYK Line, Hapag-Lloyd, and so on have invested in hybrid propulsion and marine engine system to reduce GHG emission in support of IMO’s 2050 net zero strategy.
Additionally, initiatives towards green finance also propels the decarbonization activities from shipyards and ship owners. Green Finance, Sustainability-Linked Finance and Transition Finance are the ways to get loans for facility development towards sustainable and green marine industry. For instance, in January 2024, Seatrium, a Singapore based shipbuilding and repairing company, has secured more than USD 1.5 billion green and sustainability linked loans. Under its sustainability vision, Seatrium has aimed to reduce GHG emissions by 40% by 2030. Such developments catalyze the investments towards low emission and advanced systems which propel the marine engine market growth.
Global Marine Fleet Ownership – By Country
KEY INDUSTRY PLAYERS
Key Players are Focusing on Technological Advancements and Acquisition to increase the Global Marine Engine Market Share
The global marine engine market is relatively consolidated in nature with presence of key players, such as Caterpillar, HD Hyundai Heavy Industries, MAN Energy Solutions, Wärtsilä and so on. These players are focusing on developing new marine engines which can run on non-conventional fuels such as methanol, ammonia, fuel cells and so on. Few market players have acquired regional players to strengthen their product offerings and global presence.
LIST OF KEY MARKET PLAYERS
- Bergen Engines (Norway)
- Caterpillar (US)
- CNPC Jichai Power Company Limited (China)
- GE Marine (US)
- HD Hyundai Heavy Industries (South Korea)
- MAN Energy Solutions (Germany)
- Mitsubishi Heavy Industries, Ltd. (Japan)
- Scania AB (Sweden)
- Volvo Penta (Sweden)
- Wärtsilä (Finland)
- Yanmar (Japan)
KEY INDUSTRY DEVELOPMENTS:
In January 2024, MAN Energy Solution received an order of 48 MAN 18V51/60DF dual-fuel engines from Karpowership. MAN 18V51/60DF dual-fuel engine has flexibility to run on natural gas, marine gas oil (MGO), marine diesel oil (MDO), heavy fuel oil (HFO) and crude oil.
In November 2023, Wärtsilä launched ammonia fueled 4 stroke engine for maritime industry. Ammonia is considered to be the potential option for green and sustainable shipping.
In September 2023, HD Hyundai Heavy Industries was awarded a contract to supply 16 sets of methanol dual fuel engines (8H32DF-LM).
In July 2023, Seaspan and Hapag-Lloyd signed an agreement with MAN Energy Solutions for retrofitting of their vessels. MAN Energy Solutions will provide 15 MAN B&W S90 marine engine to Seaspan and ME-LGIM dual fuel engines to Hapag-Lloyd.
MARINE ENGINE MARKET REPORT SCOPE & SEGMENTATION
| Study Period | 2019-2032 |
|---|---|
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Period | 2019-2022 |
| Unit | Value (USD Billion) |
| Market Segmentation | By Component
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By Point of Sale
| |
By Ship Type
| |
By Power Range
| |
| By Geography |
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Frequently Asked Questions
Marine Engine is the core of marine propulsion system which generates thrust which will drive the vessel. Marine engine runs on different fuels such as heavy fuel oil, intermediate fuel oil, marine diesel oil, hybrid fuels and so on. Different components of engine consist of bedplate, cylinder blocks, valves, heat exchangers, turbochargers and so on.
Key Developments in Green Shipping and Investments in Advanced Propulsion System is a Key Driving Factor in Marine Engine Market Forecast
High Cost of Retrofitting and Increased Lead Time may Hamper the Marine Engine Market Growth
Some of the top players in the market are Caterpillar, HD Hyundai Heavy Industries, MAN Energy Solutions, Wärtsilä and so on.
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Key Insights
4.1. Market Penetration Strategies – Merger & Acquisition, Partnership & Collaboration, R&D Investment and Others
4.2. Regulatory Landscape
4.3. Supply Chain Analysis
4.4. Latest Technological Advancements
5. Global Marine Engine Market Analysis, Insights and Forecast, 2019-2032
5.1 Key Findings / Definition
5.2. Market Analysis, Insights and Forecast – By Component
5.2.1. A Frame
5.2.2. Bearings
5.2.3. Bedplate
5.2.4. …..
5.2.5. …..
5.2.6. …..
5.3. Market Analysis, Insights and Forecast – By Ship Type
5.3.1. Commercial Ship
5.3.2. Naval Ship
5.4. Market Analysis, Insights and Forecast – By Commercial Ship
5.4.1. Bulk Carrier
5.4.2. Container Ship
5.4.3. Fishing Vessel
5.4.4. General Cargo Ship
5.4.5. Offshore Vessel
5.4.6. Passenger Ship
5.4.7. Recreational Boats
5.4.8. Tankers
5.4.9. Tugs
5.4.10. Others
5.5. Market Analysis, Insights and Forecast – By Naval Ship
5.5.1. Submarine
5.5.2. Amphibious Assault Ships
5.5.3. Auxiliary Ship
5.5.4. Frigate – Destroyer – Corvette
5.5.5. Patrol Boats
5.5.6. Others
5.6. Market Analysis, Insights and Forecast – By Power Range
5.6.1. Up to 1,000 HP
5.6.2. 1,000 to 5,000 HP
5.6.3. 5,000 to 10,000 HP
5.6.4. 10,000 HP to 20,000 HP
5.6.5. 20,000 HP to 40,000 HP
5.6.6. Above 40,000 HP
5.7. Market Analysis, Insights and Forecast – By Point of Sale
5.7.1. OEM
5.7.2. Aftermarket
5.8. Market Analysis, Insights and Forecast – By Region
5.8.1. North America
5.8.2. Europe
5.8.3. Asia Pacific
5.8.4. Middle East and Africa
5.8.5. Latin America
6. North America Marine Engine Market Analysis, Insights and Forecast, 2019-2032
6.1. Market Analysis, Insights and Forecast – By Component
6.1.1. A Frame
6.1.2. Bearings
6.1.3. Bedplate
6.1.4. …..
6.1.5. …..
6.1.6. …..
6.2. Market Analysis, Insights and Forecast – By Ship Type
6.2.1. Commercial Ship
6.2.2. Naval Ship
6.3. Market Analysis, Insights and Forecast – By Commercial Ship
6.3.1. Bulk Carrier
6.3.2. Container Ship
6.3.3. Fishing Vessel
6.3.4. General Cargo Ship
6.3.5. Offshore Vessel
6.3.6. Passenger Ship
6.3.7. Recreational Boats
6.3.8. Tankers
6.3.9. Tugs
6.3.10. Others
6.4. Market Analysis, Insights and Forecast – By Naval Ship
6.4.1. Submarine
6.4.2. Amphibious Assault Ships
6.4.3. Auxiliary Ship
6.4.4. Frigate – Destroyer – Corvette
6.4.5. Patrol Boats
6.4.6. Others
6.5. Market Analysis, Insights and Forecast – By Power Range
6.5.1. Up to 1,000 HP
6.5.2. 1,000 to 5,000 HP
6.5.3. 5,000 to 10,000 HP
6.5.4. 10,000 HP to 20,000 HP
6.5.5. 20,000 HP to 40,000 HP
6.5.6. Above 40,000 HP
6.6. Market Analysis, Insights and Forecast – By Point of Sale
6.6.1. OEM
6.6.2. Aftermarket
6.7. Market Analysis, Insights and Forecast – By Country
6.7.1. U.S.
6.7.1.1. Market Analysis, Insights and Forecast – By Ship Type
6.7.1.1.1. Commercial Ship
6.7.1.1.2. Naval Ship
6.7.2. Canada
6.7.2.1. Market Analysis, Insights and Forecast – By Ship Type
6.7.2.1.1. Commercial Ship
6.7.2.1.2. Naval Ship
7. Europe Marine Engine Market Analysis, Insights and Forecast, 2019-2032
7.1. Market Analysis, Insights and Forecast – By Component
7.1.1. A Frame
7.1.2. Bearings
7.1.3. Bedplate
7.1.4. …..
7.1.5. …..
7.1.6. …..
7.2. Market Analysis, Insights and Forecast – By Ship Type
7.2.1. Commercial Ship
7.2.2. Naval Ship
7.3. Market Analysis, Insights and Forecast – By Commercial Ship
7.3.1. Bulk Carrier
7.3.2. Container Ship
7.3.3. Fishing Vessel
7.3.4. General Cargo Ship
7.3.5. Offshore Vessel
7.3.6. Passenger Ship
7.3.7. Recreational Boats
7.3.8. Tankers
7.3.9. Tugs
7.3.10. Others
7.4. Market Analysis, Insights and Forecast – By Naval Ship
7.4.1. Submarine
7.4.2. Amphibious Assault Ships
7.4.3. Auxiliary Ship
7.4.4. Frigate – Destroyer – Corvette
7.4.5. Patrol Boats
7.4.6. Others
7.5. Market Analysis, Insights and Forecast – By Power Range
7.5.1. Up to 1,000 HP
7.5.2. 1,000 to 5,000 HP
7.5.3. 5,000 to 10,000 HP
7.5.4. 10,000 HP to 20,000 HP
7.5.5. 20,000 HP to 40,000 HP
7.5.6. Above 40,000 HP
7.6. Market Analysis, Insights and Forecast – By Point of Sale
7.6.1. OEM
7.6.2. Aftermarket
7.7. Market Analysis, Insights and Forecast – By Country
7.7.1. U.K.
7.7.1.1. Market Analysis, Insights and Forecast – By Ship Type
7.7.1.1.1. Commercial Ship
7.7.1.1.2. Naval Ship
7.7.2. Germany
7.7.2.1. Market Analysis, Insights and Forecast – By Ship Type
7.7.2.1.1. Commercial Ship
7.7.2.1.2. Naval Ship
7.7.3. France
7.7.3.1. Market Analysis, Insights and Forecast – By Ship Type
7.7.3.1.1. Commercial Ship
7.7.3.1.2. Naval Ship
7.7.4. Russia
7.7.4.1. Market Analysis, Insights and Forecast – By Ship Type
7.7.4.1.1. Commercial Ship
7.7.4.1.2. Naval Ship
7.7.5. Greece
7.7.5.1. Market Analysis, Insights and Forecast – By Ship Type
7.7.5.1.1. Commercial Ship
7.7.5.1.2. Naval Ship
7.7.6. Norway
7.7.6.1. Market Analysis, Insights and Forecast – By Ship Type
7.7.6.1.1. Commercial Ship
7.7.6.1.2. Naval Ship
7.7.7. Netherlands
7.7.7.1. Market Analysis, Insights and Forecast – By Ship Type
7.7.7.1.1. Commercial Ship
7.7.7.1.2. Naval Ship
7.7.8. Rest of Europe
7.7.8.1. Market Analysis, Insights and Forecast – By Ship Type
7.7.8.1.1. Commercial Ship
7.7.8.1.2. Naval Ship
8. Asia Pacific Marine Engine Market Analysis, Insights and Forecast, 2019-2032
8.1. Market Analysis, Insights and Forecast – By Component
8.1.1. A Frame
8.1.2. Bearings
8.1.3. Bedplate
8.1.4. …..
8.1.5. …..
8.1.6. …..
8.2. Market Analysis, Insights and Forecast – By Ship Type
8.2.1. Commercial Ship
8.2.2. Naval Ship
8.3. Market Analysis, Insights and Forecast – By Commercial Ship
8.3.1. Bulk Carrier
8.3.2. Container Ship
8.3.3. Fishing Vessel
8.3.4. General Cargo Ship
8.3.5. Offshore Vessel
8.3.6. Passenger Ship
8.3.7. Recreational Boats
8.3.8. Tankers
8.3.9. Tugs
8.3.10. Others
8.4. Market Analysis, Insights and Forecast – By Naval Ship
8.4.1. Submarine
8.4.2. Amphibious Assault Ships
8.4.3. Auxiliary Ship
8.4.4. Frigate – Destroyer – Corvette
8.4.5. Patrol Boats
8.4.6. Others
8.5. Market Analysis, Insights and Forecast – By Power Range
8.5.1. Up to 1,000 HP
8.5.2. 1,000 to 5,000 HP
8.5.3. 5,000 to 10,000 HP
8.5.4. 10,000 HP to 20,000 HP
8.5.5. 20,000 HP to 40,000 HP
8.5.6. Above 40,000 HP
8.6. Market Analysis, Insights and Forecast – By Point of Sale
8.6.1. OEM
8.6.2. Aftermarket
8.7. Market Analysis, Insights and Forecast – By Country
8.7.1. China
8.7.1.1. Market Analysis, Insights and Forecast – By Ship Type
8.7.1.1.1. Commercial Ship
8.7.1.1.2. Naval Ship
8.7.2. India
8.7.2.1. Market Analysis, Insights and Forecast – By Ship Type
8.7.2.1.1. Commercial Ship
8.7.2.1.2. Naval Ship
8.7.3. Japan
8.7.3.1. Market Analysis, Insights and Forecast – By Ship Type
8.7.3.1.1. Commercial Ship
8.7.3.1.2. Naval Ship
8.7.4. South Korea
8.7.4.1. Market Analysis, Insights and Forecast – By Ship Type
8.7.4.1.1. Commercial Ship
8.7.4.1.2. Naval Ship
8.7.5. Australia
8.7.5.1. Market Analysis, Insights and Forecast – By Ship Type
8.7.5.1.1. Commercial Ship
8.7.5.1.2. Naval Ship
8.7.6. Rest of Asia Pacific
8.7.6.1. Market Analysis, Insights and Forecast – By Ship Type
8.7.6.1.1. Commercial Ship
8.7.6.1.2. Naval Ship
9. Middle East and Africa Marine Engine Market Analysis, Insights and Forecast, 2019-2032
9.1. Market Analysis, Insights and Forecast – By Component
9.1.1. A Frame
9.1.2. Bearings
9.1.3. Bedplate
9.1.4. …..
9.1.5. …..
9.1.6. …..
9.2. Market Analysis, Insights and Forecast – By Ship Type
9.2.1. Commercial Ship
9.2.2. Naval Ship
9.3. Market Analysis, Insights and Forecast – By Commercial Ship
9.3.1. Bulk Carrier
9.3.2. Container Ship
9.3.3. Fishing Vessel
9.3.4. General Cargo Ship
9.3.5. Offshore Vessel
9.3.6. Passenger Ship
9.3.7. Recreational Boats
9.3.8. Tankers
9.3.9. Tugs
9.3.10. Others
9.4. Market Analysis, Insights and Forecast – By Naval Ship
9.4.1. Submarine
9.4.2. Amphibious Assault Ships
9.4.3. Auxiliary Ship
9.4.4. Frigate – Destroyer – Corvette
9.4.5. Patrol Boats
9.4.6. Others
9.5. Market Analysis, Insights and Forecast – By Power Range
9.5.1. Up to 1,000 HP
9.5.2. 1,000 to 5,000 HP
9.5.3. 5,000 to 10,000 HP
9.5.4. 10,000 HP to 20,000 HP
9.5.5. 20,000 HP to 40,000 HP
9.5.6. Above 40,000 HP
9.6. Market Analysis, Insights and Forecast – By Point of Sale
9.6.1. OEM
9.6.2. Aftermarket
9.7. Market Analysis, Insights and Forecast – By Country
9.7.1. UAE
9.7.1.1. Market Analysis, Insights and Forecast – By Ship Type
9.7.1.1.1. Commercial Ship
9.7.1.1.2. Naval Ship
9.7.2. Saudi Arabia
9.7.2.1. Market Analysis, Insights and Forecast – By Ship Type
9.7.2.1.1. Commercial Ship
9.7.2.1.2. Naval Ship
9.7.3. Turkey
9.7.3.1. Market Analysis, Insights and Forecast – By Ship Type
9.7.3.1.1. Commercial Ship
9.7.3.1.2. Naval Ship
9.7.4. South Africa
9.7.4.1. Market Analysis, Insights and Forecast – By Ship Type
9.7.4.1.1. Commercial Ship
9.7.4.1.2. Naval Ship
9.7.5. Rest of Middle East and Africa
9.7.5.1. Market Analysis, Insights and Forecast – By Ship Type
9.7.5.1.1. Commercial Ship
9.7.5.1.2. Naval Ship
10. Latin America Marine Engine Market Analysis, Insights and Forecast, 2019-2032
10.1. Market Analysis, Insights and Forecast – By Component
10.1.1. A Frame
10.1.2. Bearings
10.1.3. Bedplate
10.1.4. …..
10.1.5. …..
10.1.6. …..
10.2. Market Analysis, Insights and Forecast – By Ship Type
10.2.1. Commercial Ship
10.2.2. Naval Ship
10.3. Market Analysis, Insights and Forecast – By Commercial Ship
10.3.1. Bulk Carrier
10.3.2. Container Ship
10.3.3. Fishing Vessel
10.3.4. General Cargo Ship
10.3.5. Offshore Vessel
10.3.6. Passenger Ship
10.3.7. Recreational Boats
10.3.8. Tankers
10.3.9. Tugs
10.3.10. Others
10.4. Market Analysis, Insights and Forecast – By Naval Ship
10.4.1. Submarine
10.4.2. Amphibious Assault Ships
10.4.3. Auxiliary Ship
10.4.4. Frigate – Destroyer – Corvette
10.4.5. Patrol Boats
10.4.6. Others
10.5. Market Analysis, Insights and Forecast – By Power Range
10.5.1. Up to 1,000 HP
10.5.2. 1,000 to 5,000 HP
10.5.3. 5,000 to 10,000 HP
10.5.4. 10,000 HP to 20,000 HP
10.5.5. 20,000 HP to 40,000 HP
10.5.6. Above 40,000 HP
10.6. Market Analysis, Insights and Forecast – By Point of Sale
10.6.1. OEM
10.6.2. Aftermarket
10.7. Market Analysis, Insights and Forecast – By Country
10.7.1. Brazil
10.7.1.1. Market Analysis, Insights and Forecast – By Ship Type
10.7.1.1.1. Commercial Ship
10.7.1.1.2. Naval Ship
10.7.2. Mexico
10.7.2.1. Market Analysis, Insights and Forecast – By Ship Type
10.7.2.1.1. Commercial Ship
10.7.2.1.2. Naval Ship
10.7.3. Rest of Latin America
10.7.3.1. Market Analysis, Insights and Forecast – By Ship Type
10.7.3.1.1. Commercial Ship
10.7.3.1.2. Naval Ship
11. Competitive Analysis
11.1. Global Market Rank Analysis (2023)
11.2. Competitive Dashboard
12. Company Profiles (Overview, Products & Services, Financials (Based on Availability), Recent Developments, Strategies, SWOT Analysis)
12.1. Bergen Engines (Norway)
12.2. Caterpillar (US)
12.3. CNPC Jichai Power Company Limited (China)
12.4. GE Transportation (US)
12.5. HD Hyundai Heavy Industries (South Korea)
12.6. MAN Energy Solutions (Germany)
12.7. Mitsubishi Heavy Industries, Ltd. (Japan)
12.8. Scania AB (Sweden)
12.9. Volvo Penta (Sweden)
12.10. Wärtsilä (Finland)
12.11. Yanmar (Japan)
Table 1: Global Marine Engine Market, (USD Billion) Forecast, By Component, 2019-2032
Table 2: Global Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 3: Global Marine Engine Market, (USD Billion) Forecast, By Commercial Ship, 2019-2032
Table 4: Global Marine Engine Market, (USD Billion) Forecast, By Naval Ship, 2019-2032
Table 5: Global Marine Engine Market, (USD Billion) Forecast, By Power Range, 2019-2032
Table 6: Global Marine Engine Market, (USD Billion) Forecast, By Point of Sale, 2019-2032
Table 7: Global Marine Engine Market (USD Billion) Forecast, By Region, 2019-2032
Table 8: North America Marine Engine Market, (USD Billion) Forecast, By Component, 2019-2032
Table 9: North America Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 10: North America Marine Engine Market, (USD Billion) Forecast, By Commercial Ship, 2019-2032
Table 11: North America Marine Engine Market, (USD Billion) Forecast, By Naval Ship, 2019-2032
Table 12: North America Marine Engine Market, (USD Billion) Forecast, By Power Range, 2019-2032
Table 13: North America Marine Engine Market, (USD Billion) Forecast, By Point of Sale, 2019-2032
Table 14: North America Marine Engine Market (USD Billion) Forecast, By Country, 2019-2032
Table 15: U.S. Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 16: Canada Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 17: Europe Marine Engine Market, (USD Billion) Forecast, By Component, 2019-2032
Table 18: Europe Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 19: Europe Marine Engine Market, (USD Billion) Forecast, By Commercial Ship, 2019-2032
Table 20: Europe Marine Engine Market, (USD Billion) Forecast, By Naval Ship, 2019-2032
Table 21: Europe Marine Engine Market, (USD Billion) Forecast, By Power Range, 2019-2032
Table 22: Europe Marine Engine Market, (USD Billion) Forecast, By Point of Sale, 2019-2032
Table 23: Europe Marine Engine Market (USD Billion) Forecast, By Country, 2019-2032
Table 24: U.K. Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 25: Germany Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 26: France Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 27: Russia Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 28: Greece Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 29: Norway Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 30: Netherlands Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 31: Rest of Europe Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 32: Asia Pacific Marine Engine Market, (USD Billion) Forecast, By Component, 2019-2032
Table 33: Asia Pacific Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 34: Asia Pacific Marine Engine Market, (USD Billion) Forecast, By Commercial Ship, 2019-2032
Table 35: Asia Pacific Marine Engine Market, (USD Billion) Forecast, By Naval Ship, 2019-2032
Table 36: Asia Pacific Marine Engine Market, (USD Billion) Forecast, By Power Range, 2019-2032
Table 37: Asia Pacific Marine Engine Market, (USD Billion) Forecast, By Point of Sale, 2019-2032
Table 38: Asia Pacific Marine Engine Market (USD Billion) Forecast, By Country, 2019-2032
Table 39: China Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 40: India Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 41: Japan Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 42: South Korea Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 43: Australia Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 44: Rest of Asia Pacific Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 45: Middle East and Africa Marine Engine Market, (USD Billion) Forecast, By Component, 2019-2032
Table 46: Middle East and Africa Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 47: Middle East and Africa Marine Engine Market, (USD Billion) Forecast, By Commercial Ship, 2019-2032
Table 48: Middle East and Africa Marine Engine Market, (USD Billion) Forecast, By Naval Ship, 2019-2032
Table 49: Middle East and Africa Marine Engine Market, (USD Billion) Forecast, By Power Range, 2019-2032
Table 50: Middle East and Africa Marine Engine Market, (USD Billion) Forecast, By Point of Sale, 2019-2032
Table 51: Middle East and Africa Marine Engine Market (USD Billion) Forecast, By Country, 2019-2032
Table 52: UAE Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 53: Saudi Arabia Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 54: Turkey Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 55: South Africa Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 56: Rest of Middle East and Africa Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 57: Latin America Marine Engine Market, (USD Billion) Forecast, By Component, 2019-2032
Table 58: Latin America Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 59: Latin America Marine Engine Market, (USD Billion) Forecast, By Commercial Ship, 2019-2032
Table 60: Latin America Marine Engine Market, (USD Billion) Forecast, By Naval Ship, 2019-2032
Table 61: Latin America Marine Engine Market, (USD Billion) Forecast, By Power Range, 2019-2032
Table 62: Latin America Marine Engine Market, (USD Billion) Forecast, By Point of Sale, 2019-2032
Table 63: Latin America Marine Engine Market (USD Billion) Forecast, By Country, 2019-2032
Table 64: Brazil Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 65: Mexico Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Table 66: Rest of Latin America Marine Engine Market, (USD Billion) Forecast, By Ship Type, 2019-2032
Figure 1: Global Marine Engine Market Revenue Breakdown (USD Billion, %) By Region, 2024 & 2032
Figure 2: Global Marine Engine Market (%) Breakdown By Component, 2023 & 2032
Figure 3: Global Marine Engine Market (USD Billion) Breakdown By A Frame, 2019-2032
Figure 4: Global Marine Engine Market (USD Billion) Breakdown By Bearings, 2019-2032
Figure 5: Global Marine Engine Market (USD Billion) Breakdown By Bedplate, 2019-2032
Figure 6: Global Marine Engine Market (USD Billion) Breakdown By ….., 2019-2032
Figure 7: Global Marine Engine Market (USD Billion) Breakdown By ….., 2019-2032
Figure 8: Global Marine Engine Market (USD Billion) Breakdown By ….., 2019-2032
Figure 9: Global Marine Engine Market (USD Billion) Breakdown By ….., 2019-2032
Figure 10: Global Marine Engine Market (USD Billion) Breakdown By ….., 2019-2032
Figure 11: Global Marine Engine Market (%) Breakdown By Ship Type, 2023 & 2032
Figure 12: Global Marine Engine Market (USD Billion) Breakdown By Commercial Ship, 2019-2032
Figure 13: Global Marine Engine Market (USD Billion) Breakdown By Naval Ship, 2019-2032
Figure 14: Global Marine Engine Market (%) Breakdown By Commercial Ship, 2023 & 2032
Figure 15: Global Marine Engine Market (USD Billion) Breakdown By Bulk Carrier, 2019-2032
Figure 16: Global Marine Engine Market (USD Billion) Breakdown By Container Ship, 2019-2032
Figure 17: Global Marine Engine Market (USD Billion) Breakdown By Fishing Vessel, 2019-2032
Figure 18: Global Marine Engine Market (USD Billion) Breakdown By General Cargo Ship, 2019-2032
Figure 19: Global Marine Engine Market (USD Billion) Breakdown By Offshore Vessel, 2019-2032
Figure 20: Global Marine Engine Market (USD Billion) Breakdown By Passenger Ship, 2019-2032
Figure 21: Global Marine Engine Market (USD Billion) Breakdown By Recreational Boats, 2019-2032
Figure 22: Global Marine Engine Market (USD Billion) Breakdown By Tankers, 2019-2032
Figure 23: Global Marine Engine Market (USD Billion) Breakdown By Tugs, 2019-2032
Figure 24: Global Marine Engine Market (USD Billion) Breakdown By Others, 2019-2032
Figure 25: Global Marine Engine Market (%) Breakdown By Naval Ship, 2023 & 2032
Figure 26: Global Marine Engine Market (USD Billion) Breakdown By Submarine, 2019-2032
Figure 27: Global Marine Engine Market (USD Billion) Breakdown By Amphibious Assault Ships, 2019-2032
Figure 28: Global Marine Engine Market (USD Billion) Breakdown By Auxiliary Ship, 2019-2032
Figure 29: Global Marine Engine Market (USD Billion) Breakdown By Frigate – Destroyer – Corvette, 2019-2032
Figure 30: Global Marine Engine Market (USD Billion) Breakdown By Patrol Boats, 2019-2032
Figure 31: Global Marine Engine Market (USD Billion) Breakdown By Others, 2019-2032
Figure 32: Global Marine Engine Market (%) Breakdown By Power Range, 2023 & 2032
Figure 33: Global Marine Engine Market (USD Billion) Breakdown By Up to 1,000 HP, 2019-2032
Figure 34: Global Marine Engine Market (USD Billion) Breakdown By 1,000 to 5,000 HP, 2019-2032
Figure 35: Global Marine Engine Market (USD Billion) Breakdown By 5,000 to 10,000 HP, 2019-2032
Figure 36: Global Marine Engine Market (USD Billion) Breakdown By 10,000 HP to 20,000 HP, 2019-2032
Figure 37: Global Marine Engine Market (USD Billion) Breakdown By 20,000 HP to 40,000 HP, 2019-2032
Figure 38: Global Marine Engine Market (USD Billion) Breakdown By Above 40,000 HP, 2019-2032
Figure 39: Global Marine Engine Market (%) Breakdown By Point of Sale, 2023 & 2032
Figure 40: Global Marine Engine Market (USD Billion) Breakdown By OEM, 2019-2032
Figure 41: Global Marine Engine Market (USD Billion) Breakdown By Aftermarket, 2019-2032
Figure 42: Global Marine Engine Market Share (%) By Region, 2023 & 2032
Figure 43: North America Marine Engine Market Value (USD Billion) By Component, 2023 & 2032
Figure 44: North America Marine Engine Market Value Share (%) By Component, 2023
Figure 45: North America Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 46: North America Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 47: North America Marine Engine Market Value (USD Billion) By Commercial Ship, 2023 & 2032
Figure 48: North America Marine Engine Market Value Share (%) By Commercial Ship, 2023
Figure 49: North America Marine Engine Market Value (USD Billion) By Naval Ship, 2023 & 2032
Figure 50: North America Marine Engine Market Value Share (%) By Naval Ship, 2023
Figure 51: North America Marine Engine Market Value (USD Billion) By Power Range, 2023 & 2032
Figure 52: North America Marine Engine Market Value Share (%) By Power Range, 2023
Figure 53: North America Marine Engine Market Value (USD Billion) By Point of Sale, 2023 & 2032
Figure 54: North America Marine Engine Market Value Share (%) By Point of Sale, 2023
Figure 55: North America Marine Engine Market Value (USD Billion) By Country, 2023 & 2032
Figure 56: North America Marine Engine Value Share (%) By Country, 2023
Figure 57: U.S. Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 58: U.S. Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 59: Canada Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 60: Canada Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 61: Europe Marine Engine Market Value (USD Billion) By Component, 2023 & 2032
Figure 62: Europe Marine Engine Market Value Share (%) By Component, 2023
Figure 63: Europe Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 64: Europe Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 65: Europe Marine Engine Market Value (USD Billion) By Commercial Ship, 2023 & 2032
Figure 66: Europe Marine Engine Market Value Share (%) By Commercial Ship, 2023
Figure 67: Europe Marine Engine Market Value (USD Billion) By Naval Ship, 2023 & 2032
Figure 68: Europe Marine Engine Market Value Share (%) By Naval Ship, 2023
Figure 69: Europe Marine Engine Market Value (USD Billion) By Power Range, 2023 & 2032
Figure 70: Europe Marine Engine Market Value Share (%) By Power Range, 2023
Figure 71: Europe Marine Engine Market Value (USD Billion) By Point of Sale, 2023 & 2032
Figure 72: Europe Marine Engine Market Value Share (%) By Point of Sale, 2023
Figure 73: Europe Marine Engine Market Value (USD Billion) By Country, 2023 & 2032
Figure 74: Europe Marine Engine Value Share (%) By Country, 2023
Figure 75: U.K. Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 76: U.K. Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 77: Germany Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 78: Germany Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 79: France Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 80: France Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 81: Russia Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 82: Russia Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 83: Greece Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 84: Greece Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 85: Norway Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 86: Norway Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 87: Netherlands Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 88: Netherlands Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 89: Rest of Europe Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 90: Rest of Europe Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 91: Asia Pacific Marine Engine Market Value (USD Billion) By Component, 2023 & 2032
Figure 92: Asia Pacific Marine Engine Market Value Share (%) By Component, 2023
Figure 93: Asia Pacific Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 94: Asia Pacific Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 95: Asia Pacific Marine Engine Market Value (USD Billion) By Commercial Ship, 2023 & 2032
Figure 96: Asia Pacific Marine Engine Market Value Share (%) By Commercial Ship, 2023
Figure 97: Asia Pacific Marine Engine Market Value (USD Billion) By Naval Ship, 2023 & 2032
Figure 98: Asia Pacific Marine Engine Market Value Share (%) By Naval Ship, 2023
Figure 99: Asia Pacific Marine Engine Market Value (USD Billion) By Power Range, 2023 & 2032
Figure 100: Asia Pacific Marine Engine Market Value Share (%) By Power Range, 2023
Figure 101: Asia Pacific Marine Engine Market Value (USD Billion) By Point of Sale, 2023 & 2032
Figure 102: Asia Pacific Marine Engine Market Value Share (%) By Point of Sale, 2023
Figure 103: Asia Pacific Marine Engine Market Value (USD Billion) By Country, 2023 & 2032
Figure 104: Asia Pacific Marine Engine Value Share (%) By Country, 2023
Figure 105: China Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 106: China Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 107: India Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 108: India Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 109: Japan Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 110: Japan Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 111: South Korea Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 112: South Korea Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 113: Australia Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 114: Australia Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 115: Rest of Asia Pacific Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 116: Rest of Asia Pacific Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 117: Middle East and Africa Marine Engine Market Value (USD Billion) By Component, 2023 & 2032
Figure 118: Middle East and Africa Marine Engine Market Value Share (%) By Component, 2023
Figure 119: Middle East and Africa Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 120: Middle East and Africa Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 121: Middle East and Africa Marine Engine Market Value (USD Billion) By Commercial Ship, 2023 & 2032
Figure 122: Middle East and Africa Marine Engine Market Value Share (%) By Commercial Ship, 2023
Figure 123: Middle East and Africa Marine Engine Market Value (USD Billion) By Naval Ship, 2023 & 2032
Figure 124: Middle East and Africa Marine Engine Market Value Share (%) By Naval Ship, 2023
Figure 125: Middle East and Africa Marine Engine Market Value (USD Billion) By Power Range, 2023 & 2032
Figure 126: Middle East and Africa Marine Engine Market Value Share (%) By Power Range, 2023
Figure 127: Middle East and Africa Marine Engine Market Value (USD Billion) By Point of Sale, 2023 & 2032
Figure 128: Middle East and Africa Marine Engine Market Value Share (%) By Point of Sale, 2023
Figure 129: Middle East and Africa Marine Engine Market Value (USD Billion) By Country, 2023 & 2032
Figure 130: Middle East and Africa Marine Engine Value Share (%) By Country, 2023
Figure 131: UAE Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 132: UAE Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 133: Saudi Arabia Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 134: Saudi Arabia Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 135: Turkey Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 136: Turkey Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 137: South Africa Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 138: South Africa Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 139: Rest of Middle East and Africa Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 140: Rest of Middle East and Africa Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 141: Latin America Marine Engine Market Value (USD Billion) By Component, 2023 & 2032
Figure 142: Latin America Marine Engine Market Value Share (%) By Component, 2023
Figure 143: Latin America Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 144: Latin America Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 145: Latin America Marine Engine Market Value (USD Billion) By Commercial Ship, 2023 & 2032
Figure 146: Latin America Marine Engine Market Value Share (%) By Commercial Ship, 2023
Figure 147: Latin America Marine Engine Market Value (USD Billion) By Naval Ship, 2023 & 2032
Figure 148: Latin America Marine Engine Market Value Share (%) By Naval Ship, 2023
Figure 149: Latin America Marine Engine Market Value (USD Billion) By Power Range, 2023 & 2032
Figure 150: Latin America Marine Engine Market Value Share (%) By Power Range, 2023
Figure 151: Latin America Marine Engine Market Value (USD Billion) By Point of Sale, 2023 & 2032
Figure 152: Latin America Marine Engine Market Value Share (%) By Point of Sale, 2023
Figure 153: Latin America Marine Engine Market Value (USD Billion) By Country, 2023 & 2032
Figure 154: Latin America Marine Engine Value Share (%) By Country, 2023
Figure 155: Brazil Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 156: Brazil Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 157: Mexico Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 158: Mexico Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 159: Rest of Latin America Marine Engine Market Value (USD Billion) By Ship Type, 2023 & 2032
Figure 160: Rest of Latin America Marine Engine Market Value Share (%) By Ship Type, 2023
Figure 161: Global Marine Engine Market Rank Analysis, By Key Players, 2023
MARINE ENGINE MARKET REPORT SCOPE & SEGMENTATION
| Study Period | 2019-2032 |
|---|---|
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Period | 2019-2022 |
| Unit | Value (USD Billion) |
| Market Segmentation | By Component
|
By Point of Sale
| |
By Ship Type
| |
By Power Range
| |
| By Geography |
|