Global Marine Propulsion Engine Market to 2023 by Propulsion Type, Application & Region - ResearchAndMarkets.com
The "Global
Marine Propulsion Engine Market - by Propulsion Type, Application,
Region - Market Size, Demand Forecasts, Company Profiles, Industry
Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's
offering.
The Global Marine Propulsion Engine Market was worth 9.8 Billion USD in
2017, and it is estimated to grow to 12.4 Billion USD by 2023 with a
CAGR of 4% between 2017 and 2023.
Marine propulsion is the system that is used to generate thrust that
allows a small boat or even a ship to move across waterways. Modern
ships are usually equipped with mechanical systems consisting of an
electric motor turning a propeller, or even pump-jets or an impeller.
Asia-Pacific region is expected to dominate the Global Marine Propulsion
Engine Market, followed by Europe.
Drivers Vs. Constraints
-
Increase in production & sales of ships, rising international seaborne
trade drive the market growth, increasing demand for resources such as
crude oil, coal, steel, and iron drives the growth of Global Marine
Propulsion Engine Market.
-
The stringent environmental rules & regulations and large capital
investment required to set up new manufacturing facilities are the
reasons which restrains this market growth.
Industry Structure and Updates
In March 2018, Hexion announced potentially path breaking one-shot resin
infusion process for marine composites like Propulsion Systems.
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Marine Propulsion Engine Market Segmentation, Forecasts and
Trends - by Propulsion Type
6. Global Marine Propulsion Engine Market Segmentation, Forecasts and
Trends - by Application
7. Global Marine Propulsion Engine Market Segmentation, Forecasts and
Trends - by Region
8. Company Market Share Analysis
9. Company Profiles
10. Industry Structure
11. Global Marine Propulsion Engine Market - Road Ahead
Companies Mentioned
-
Caterpillar
-
Cummins
-
MAN Diesel & Turbo
-
Rolls-Royce
-
Wärtsilä
-
Hyundai Heavy Industries
-
Mitsubishi Heavy Industries
-
BP
-
Hydraulic Marine Systems
-
Hydrosta
-
Ingeteam
-
Masson-Marine
-
Mercury Marine
-
Siemens
-
Volvo Penta
-
Yamaha
-
Dresser-Rand
-
Fairbanks Morse
-
Samsung Heavy Industries
-
Nigata Power Systems
-
Doosan
For more information about this report visit https://www.researchandmarkets.com/research/9rpj54/global_marine?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180907005344/en/
Copyright Business Wire 2018
Source: Business Wire
(September 7, 2018 - 11:38 AM EDT)
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