Marine Engines Global Market Report 2024

Global Marine Engines Market Report 2024

Marine Engines Global Market Report 2024 – By Engine Type (Diesel Engine, Gas Turbine, Natural Engine, Other Engine Types), By Ship Type (Oil Tankers, Bulk Carriers, General Cargo Ships, Container Ship), By Fuel Type (Heavy Fuel Oil, Intermediate Fuel Oil, Marine Diesel Oil, Marine Gas Oil, LNG, Other Fuel Types), By Stroke (Four Stroke, Two Stroke), By Power Range (Up to 1,000 HP, 1,001–5,000 HP, 5,001–10,000 HP, 10,001–20,000 HP, Above 20,000 HP) – Market Size, Trends, And Global Forecast 2024-2033

Name: Marine Engines Global Market Report 2024
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Marine Engines Global Market Report 2024

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Marine Engines Global Market Report 2024

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Marine Engines Market Definition

Marine engines refer to a heat engine used to transform heat energy into mechanical energy by burning fuel to propel a ship. It is installed or planned to be installed on a marine vessel. Marine engines are categorized as propulsion marine engine, which propels or guides the movement of a ship through the sea, and auxiliary marine engine refers to a propulsion-less marine engine.

The main types of marine engines are diesel engine, gas turbine, natural engine, and other engine types. The gas turbine can convert natural gas or other liquid fuels to mechanical energy. These marine engines are used ships like oil tankers, bulk carriers, general cargo ships, and container ship. The fuel used to power the marine engines categorized as heavy fuel oil, intermediate fuel oil, marine diesel oil, marine gas oil, LNG, and other fuel types. The marine engines are categorized as four stroke, and two stroke with power ranging from up to 1,000 HP, 1,001–5,000 HP, 5,001–10,000 HP, 10,001–20,000 HP, and above 20,000 HP.

Marine Engines Market Segmentation

The marine engines market covered in this report is segmented –

1) By Engine Type: Diesel Engine, Gas Turbine, Natural Engine, Other Engine Types

2) By Ship Type: Oil Tankers, Bulk Carriers, General Cargo Ships, Container Ship

3) By Fuel Type: Heavy Fuel Oil, Intermediate Fuel Oil, Marine Diesel Oil, Marine Gas Oil, LNG, Other Fuel Types

4) By Stroke: Four Stroke, Two Stroke

5) By Power Range: Up to 1,000 HP, 1,001–5,000 HP, 5,001–10,000 HP, 10,001–20,000 HP, Above 20,000 HP

Global Marine Engines Market Size 2023 to 2028: Graph

Marine Engines Market Size 2024 And Growth Rate

The marine engines market size has grown strongly in recent years. It will grow from $9.92 billion in 2023 to $10.48 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to infrastructure development and port expansion, industrialization and trade expansion, military and defense applications, growth in commercial shipping, development of passenger cruise industry.

Marine Engines Market Growth Forecast

The marine engines market size is expected to see strong growth in the next few years. It will grow to $13.07 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to impact of digitalization and IoT, rise in offshore wind and energy projects, focus on autonomous vessels, global trade expansion, expanding cruise and passenger shipping. Major trends in the forecast period include adoption of advanced propulsion systems, growth in compact and high-power engines, emphasis on durability and reliability, digitalization and IoT integration, development of autonomous vessels.

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Marine Engines Market Driver: Rising International Marine Freight Transport Fuels Demand For Marine Engines

Growth in international marine freight transport is expected to drive the marine engine market. Marine freight transport refers to ships or cargo used to move goods from one location to another. Marine transport is cheaper and more feasible than railroad and air transportation for international transport. According to an article published by World Economic Forum, in 2021, approximately 90% of the world's products were transported by water transport. Further, in the last 20 years, the average size of a container ship has doubled, with the most prominent ships capable of transporting 24,000 containers. Thus, an increase in international marine freight transport will increase the demand for marine engines.

Marine Engines Market Driver: Surge In Shipbuilding Activities Propels Growth In The Marine Engines Market

The increased shipbuilding activities are expected to propel the growth of the marine engines market in the coming years. Shipbuilding activities involve the construction and assembly of ships and other maritime vessels, encompassing design, fabrication, and outfitting processes. Marine engines are essential in shipbuilding for propelling, powering auxiliary systems, and ensuring the operational efficiency of vessels such as freighters, navy ships, and offshore platforms. For instance, in November 2023, according to Hellenic Shipping News Worldwide, a Greece-based media company dedicated to the international and Greek shipping, marine trade, shipbuilding, and allied sectors. Further, Korea produced 69.8 million DWT ships in 2022, an increase from 68.3 million DWT in 2021. Therefore, increased shipbuilding activities are driving the marine engines market.

Global Marine Engines Market Major Players

Major companies operating in the marine engines market report are Honda Motor Co Ltd., Caterpillar Marine Power Systems, Volvo Penta AB, Suzuki Motor Corporation, Hyundai Heavy Industries Co Ltd., Mitsubishi Heavy Industries Ltd., Cummins Inc., Isuzu Motors Ltd., Kubota Corporation, Scania AB, Rolls-Royce plc, Yanmar Holdings Co Ltd., AMTU Shipbuilding Pvt Ltd., MTU Friedrichshafen GmbH, Wärtsilä Oyj Abp, MAN Energy Solutions SE, Rheinmetall AG, Zhongwang Industries Co Ltd., Mercury Marine, Perkins Engines Company Limited, ABB Marine & Ports, DEUTZ AG, Johnson Marine, Detroit Diesel Corporation, Lister Petter Ltd., Evinrude, Nanni Diesel S.r.l., Beta Marine OY, Tohatsu Corporation, Osborne Engines Inc., Weichai Power Co Ltd.

Global Marine Engines Market Trend: Cloud-Based Monitoring Takes The Helm In The Marine Engines Market

Cloud-based technology to monitor marine engines is the key trend gaining popularity in the marine engines market. Cloud monitoring is a technique for examining, evaluating, and regulating the operational workflow of a cloud-based IT infrastructure. Increasing efforts toward expanding engine capacities have further led to the development initiatives for designing reliably advanced systems. For instance, in April 2021, Cummins Inc. introduced PrevenTech Marine, an advanced remote monitoring solution for marine vessels. PrevenTech Marine monitors Cummins powered assets remotely, using connectivity, big data, advanced analytics, and IoT and boosts uptime, reduces maintenance costs, and improve the service experience.

Global Marine Engines Market Trend: Innovative Propulsion Solutions Modular 4-Stroke Marine Engines For Decarbonized Maritime Operations

Major companies operating in the marine engine market are focusing on innovative products, such as modular 4-stroke marine engines, to better meet the needs of their existing consumers. Modular 4-stroke marine engines are maritime propulsion systems that are modular in design and run on a 4-stroke combustion cycle. For instance, in September 2022, Wartsila Corporation, a Finland-based company that manufactures marine engines and other equipment, launched a unique and innovative Wartsila 25 medium-speed 4-stroke engine. This Wärtsilä 25 engine addition to the company's engine portfolio is intended to expedite and support the marine industry's efforts to achieve decarbonized operations. The modularity of the Wartsila 25 engine provides shipowners and operators with maximum flexibility, while the engine's efficiency and fuel economy bring reduced emissions. The engine can run on diesel, LNG, gas, or liquid carbon-free biofuels and it can be updated to run on future carbon-neutral fuels as they become accessible. Having varied valve timing choices is a critical facilitator for future fuel and pollution optimization. The Wartsila 25 is the first Wartsila engine designed to run on ammonia as a fuel.

Marine Engines Market Merger And Acquisition:

Langley Holdings Acquires Bergen Engines To Drive Net-Zero Goals And Microgrid Industry Development

In January 2022, Langley Holdings, a UK-based engineering and industrial manufacturing group, acquired Bergen Engines AS from Rolls-Royce, for $103 million (€91 million). Through this acquisition, Langley Holdings will accomplish its net-zero goals and long-term environmental objectives through the developing microgrid industry. Bergen Engines is a Norway-based company that manufactures gas and diesel engines for land based, commercial marine and naval.

Regional Insights For The Global Marine Engines Market

Asia-Pacific was the largest region in the marine engines market share in 2023. The regions covered in the marine engines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the marine engines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The marine engines market consists of sales of outboard marine engines, inboard marine engines, sterndrive marine engines, and jet drive marine engines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The marine engines market research report is one of a series of new reports from The Business Research Company that provides marine engines market statistics, including marine engines industry global market size, regional shares, competitors with a marine engines market share, detailed marine engines market segments, market trends and opportunities, and any further data you may need to thrive in the marine engines industry. This marine engines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Marine Engines Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$10.48 billion
Revenue Forecast In 2033	$13.07 billion
Growth Rate	CAGR of 5.7% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Engine Type: Diesel Engine, Gas Turbine, Natural Engine, Other Engine Types 2) By Ship Type: Oil Tankers, Bulk Carriers, General Cargo Ships, Container Ship 3) By Fuel Type: Heavy Fuel Oil, Intermediate Fuel Oil, Marine Diesel Oil, Marine Gas Oil, LNG, Other Fuel Types 4) By Stroke: Four Stroke, Two Stroke 5) By Power Range: Up to 1,000 HP, 1,001–5,000 HP, 5,001–10,000 HP, 10,001–20,000 HP, Above 20,000 HP
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Honda Motor Co. Ltd.; Caterpillar Marine Power Systems; Volvo Penta AB; Suzuki Motor Corporation; Hyundai Heavy Industries Co. Ltd.; Mitsubishi Heavy Industries Ltd.; Cummins Inc.; Isuzu Motors Ltd.; Kubota Corporation; Scania AB; Rolls-Royce plc; Yanmar Holdings Co. Ltd.; AMTU Shipbuilding Pvt. Ltd.; MTU Friedrichshafen GmbH; Wärtsilä Oyj Abp; MAN Energy Solutions SE; Rheinmetall AG; Zhongwang Industries Co. Ltd.; Mercury Marine; Perkins Engines Company Limited; ABB Marine & Ports; DEUTZ AG; Johnson Marine; Detroit Diesel Corporation; Lister Petter Ltd.; Evinrude; Nanni Diesel S.r.l.; Beta Marine OY; Tohatsu Corporation; Osborne Engines Inc.; Weichai Power Co. Ltd.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Marine Engines Market Characteristics

3. Marine Engines Market Trends And Strategies

4. Marine Engines Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Marine Engines Market Size and Growth

5.1. Global Marine Engines Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Marine Engines Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Marine Engines Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Marine Engines Market Segmentation

6.1. Global Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Diesel Engine

Gas Turbine

Natural Engine

Other Engine Types

6.2. Global Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Oil Tankers

Bulk Carriers

General Cargo Ships

Container Ship

6.3. Global Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Heavy Fuel Oil

Intermediate Fuel Oil

Marine Diesel Oil

Marine Gas Oil

LNG

Other Fuel Types

6.4. Global Marine Engines Market, Segmentation By Stroke, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Four Stroke

Two Stroke

6.5. Global Marine Engines Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Up to 1,000 HP

1,001–5,000 HP

5,001–10,000 HP

10,001–20,000 HP

Above 20,000 HP

7. Marine Engines Market Regional And Country Analysis

7.1. Global Marine Engines Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Marine Engines Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Marine Engines Market

8.1. Asia-Pacific Marine Engines Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Marine Engines Market

9.1. China Marine Engines Market Overview

9.2. China Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Marine Engines Market

10.1. India Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Marine Engines Market

11.1. Japan Marine Engines Market Overview

11.2. Japan Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Marine Engines Market

12.1. Australia Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Marine Engines Market

13.1. Indonesia Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Marine Engines Market

14.1. South Korea Marine Engines Market Overview

14.2. South Korea Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Marine Engines Market

15.1. Western Europe Marine Engines Market Overview

15.2. Western Europe Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Marine Engines Market

16.1. UK Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Marine Engines Market

17.1. Germany Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Marine Engines Market

18.1. France Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Marine Engines Market

19.1. Italy Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Marine Engines Market

20.1. Spain Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Marine Engines Market

21.1. Eastern Europe Marine Engines Market Overview

21.2. Eastern Europe Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Marine Engines Market

22.1. Russia Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Marine Engines Market

23.1. North America Marine Engines Market Overview

23.2. North America Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Marine Engines Market

24.1. USA Marine Engines Market Overview

24.2. USA Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Marine Engines Market

25.1. Canada Marine Engines Market Overview

25.2. Canada Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Marine Engines Market

26.1. South America Marine Engines Market Overview

26.2. South America Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Marine Engines Market

27.1. Brazil Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Marine Engines Market

28.1. Middle East Marine Engines Market Overview

28.2. Middle East Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Marine Engines Market

29.1. Africa Marine Engines Market Overview

29.2. Africa Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Marine Engines Market Competitive Landscape And Company Profiles

30.1. Marine Engines Market Competitive Landscape

30.2. Marine Engines Market Company Profiles

30.2.1. Honda Motor Co. Ltd.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Caterpillar Marine Power Systems

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Volvo Penta AB

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Suzuki Motor Corporation

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Hyundai Heavy Industries Co. Ltd.

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Marine Engines Market Other Major And Innovative Companies

31.1. Mitsubishi Heavy Industries Ltd.

31.2. Cummins Inc.

31.3. Isuzu Motors Ltd.

31.4. Kubota Corporation

31.5. Scania AB

31.6. Rolls-Royce plc

31.7. Yanmar Holdings Co. Ltd.

31.8. AMTU Shipbuilding Pvt. Ltd.

31.9. MTU Friedrichshafen GmbH

31.10. Wärtsilä Oyj Abp

31.11. MAN Energy Solutions SE

31.12. Rheinmetall AG

31.13. Zhongwang Industries Co. Ltd.

31.14. Mercury Marine

31.15. Perkins Engines Company Limited

32. Global Marine Engines Market Competitive Benchmarking

33. Global Marine Engines Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Marine Engines Market

35. Marine Engines Market Future Outlook and Potential Analysis

35.1 Marine Engines Market In 2028 - Countries Offering Most New Opportunities

35.2 Marine Engines Market In 2028 - Segments Offering Most New Opportunities

35.3 Marine Engines Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Marine Engines Market, Segmentation By Stroke, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Marine Engines Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Marine Engines Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Global Marine Engines Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: Asia-Pacific, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: China, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: India, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Japan, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Australia, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: Indonesia, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: South Korea, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Western Europe, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: UK, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: Germany, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: France, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Italy, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Spain, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Eastern Europe, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: Russia, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: North America, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: USA, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: Canada, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: South America, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Brazil, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Middle East, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Africa, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 76: Honda Motor Co. Ltd. Financial Performance

Table 77: Caterpillar Marine Power Systems Financial Performance

Table 78: Volvo Penta AB Financial Performance

Table 79: Suzuki Motor Corporation Financial Performance

Table 80: Hyundai Heavy Industries Co. Ltd. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Marine Engines Market, Segmentation By Stroke, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Marine Engines Market, Segmentation By Power Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Marine Engines Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Global Marine Engines Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: Asia-Pacific, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: China, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: India, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Japan, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Australia, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: Indonesia, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: South Korea, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Western Europe, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: UK, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: Germany, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: France, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Italy, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Spain, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Eastern Europe, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: Russia, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: North America, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: USA, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: Canada, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: South America, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Brazil, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Middle East, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Marine Engines Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Marine Engines Market, Segmentation By Ship Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Africa, Marine Engines Market, Segmentation By Fuel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 76: Honda Motor Co. Ltd. Financial Performance

Figure 77: Caterpillar Marine Power Systems Financial Performance

Figure 78: Volvo Penta AB Financial Performance

Figure 79: Suzuki Motor Corporation Financial Performance

Figure 80: Hyundai Heavy Industries Co. Ltd. Financial Performance

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Frequently Asked Questions

What is the definition of the marine engines market?

How will the marine engines market drivers and restraints affect the marine engines market dynamics? What forces will shape the marine engines industry going forward?

The marine engines market major growth driver - rising international marine freight transport fuels demand for marine engines. For further insights on the marine engines market, request a sample here

What is the forecast market size or the forecast market value of the marine engines market ?

The marine engines market size has grown strongly in recent years. It will grow from $9.92 billion in 2023 to $10.48 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to infrastructure development and port expansion, industrialization and trade expansion, military and defense applications, growth in commercial shipping, development of passenger cruise industry. The marine engines market size is expected to see strong growth in the next few years. It will grow to $13.07 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to impact of digitalization and IoT, rise in offshore wind and energy projects, focus on autonomous vessels, global trade expansion, expanding cruise and passenger shipping. Major trends in the forecast period include adoption of advanced propulsion systems, growth in compact and high-power engines, emphasis on durability and reliability, digitalization and IoT integration, development of autonomous vessels. For further insights on the marine engines market, request a sample here

How is the marine engines market segmented?

The marine engines market is segmented
1) By Engine Type: Diesel Engine, Gas Turbine, Natural Engine, Other Engine Types
2) By Ship Type: Oil Tankers, Bulk Carriers, General Cargo Ships, Container Ship
3) By Fuel Type: Heavy Fuel Oil, Intermediate Fuel Oil, Marine Diesel Oil, Marine Gas Oil, LNG, Other Fuel Types
4) By Stroke: Four Stroke, Two Stroke
5) By Power Range: Up to 1,000 HP, 1,001–5,000 HP, 5,001–10,000 HP, 10,001–20,000 HP, Above 20,000 HPFor further insights on the marine engines market, request a sample here

Which region has the largest share of the marine engines market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the marine engines market share in 2023. The regions covered in the marine engines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the marine engines market, request a sample here.

Who are the major players in the marine engines market?

What are the key trends in the marine engines market?

Major trend in the marine engines market - innovative propulsion solutions modular 4-stroke marine engines for decarbonized maritime operations. For further insights on the marine engines market, request a sample here.

What are the major opportunities in the marine engines market? What are the strategies for the marine engines market?

For detailed insights on the major opportunities and strategies in the marine engines market, request a sample here.

How does the marine engines market relate to the overall economy and other similar markets?

For detailed insights on marine engines market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the marine engines industry?

For detailed insights on the mergers and acquisitions in the marine engines industry, request a sample here.

What are the key dynamics influencing the marine engines market growth? SWOT analysis of the marine engines market.

For detailed insights on the key dynamics influencing the marine engines market growth and SWOT analysis of the marine engines industry, request a sample here.