August 1, 2016 - 2:00 AM EDT
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Marine Diesel Engine Market Trends Review for 2016 to 2021 in New Research Reports

PUNE, India, August 1, 2016 /PRNewswire/ -- adds two brand new marine diesel engine market research reports titled " Global and China Marine Diesel Engine Industry Report, 2016" and " Global Marine Diesel Engine Industry 2016 Market Research Report" to its online business intelligence library.

In 2015, the global marine diesel engine market size was 33.43 million kilowatts, up 10.2% from a year earlier. The global marine diesel engine production was mainly concentrated in China, Japan, and South Korea. And South Korea mainly produced low-speed marine diesel engines while China and Japan primarily focused on medium-speed engines. In 2015, fuelled by the growing starts in vessels, the output of marine diesel engines in China rose by 15.1% year on year to 16.99 million kilowatts, with the output of low-speed, medium-speed, and high-speed engines accounting for 41.2%, 40.1%, and 18.7%, respectively. Complete Report of 96 pages on marine diesel engine market is available at .

In China, marine diesel engines are mainly reduced through patent licensing. Low-speed engines are absolutely dominated by MAN, Wartsila, and Mitsubishi Heavy Industries; in medium-speed engine market, Wartsila, MAN, and Caterpillar represented a combined market share of 82% (in 2015); high-speed engine brands primarily include MTU, Deutz, MWM, SACM, Pielstick, Ruston, and Paxman. China's marine diesel engine market started late, so much so that it is poor in production technology and R&D capability. In 2015, China imported USD1.07 billion worth of marine diesel engines and exported USD94.95 million engines, with a trade deficit of as much as USD970 million. In China's low-speed diesel engine market, Hudong Heavy Machinery, Dalian Marine Diesel, and Yichang Marine Diesel Engine accounted for an aggregate market share of roughly 95.9%; in medium-speed diesel engine market, Weichai Heavy Machinery and CSSC Marine Power made up a 58.9% marine diesel engine market share; high-speed diesel engine manufacturers mainly include Weichai Heavy Machinery, Shaanxi Diesel Engine Heavy Industry, and Henan Diesel Engine Industry, of which Weichai Heavy Machinery has a market share of around 26%.

Order a copy of Global and China Marine Diesel Engine Industry Report, 2016 at .

To improve the competitiveness in marine diesel engine market, major Chinese diesel engine manufacturers are working on new product development. Hudong Heavy Machinery is the largest manufacturer of low-speed marine diesel engines in China (a roughly 65% share in domestic market). In April 2016, the company's high-pressure marine air supply system became China's first certified FGSS, thus breaking the monopoly of Japan and South Korea in the product market. In May 2016, CSSC Marine Power company's 6S60ME low-speed diesel engine started operation. Henan Diesel Engine Industry released the first domestic HPCR high-speed high-power diesel engine -- CHD622V20CR in December 2015, a move that helped fill the gap in the domestic 3500kw-above high-speed marine diesel engine market. Yichang Marine Diesel Engine completed the bench test of its first 8S60ME-C8.2 diesel engine in August 2015, and the performance indicators of the product satisfied the design requirements.

Companies mentioned in Global and China Marine Diesel Engine Market Report, 2016 are Hudong Heavy Machinery, Dalian Marine Diesel , Yichang Marine Diesel Engine, Weichai Heavy Machinery, Shaanxi Diesel Engine Heavy Industry , CSSC Marine Power , Zibo Diesel Engine Parent Company, Henan Diesel Engine Industry, Jiangsu Antai Power Machinery Co., Ltd., Shanghai Xinzhong Power Machine Co., Ltd., Hefei RongAn Power Machinery Co., Ltd. , ZGPT Diesel Heavy Industry Co. Ltd., Ningbo C.S.I. Power & Machinery Group Co., Ltd., ZhongJi Hitachi Zosen Diesel Engine Co., Ltd. , Yuchai Marine Power Co., Ltd, and CSR Ziyang Locomotive Co., Ltd.

Explore more Engines & Motors Industry research and other reports related to marine diesel engine market at .

Another research titled Global Marine Diesel Engine Industry 2016 Market Research Report provides marine diesel engine market analysis for the international market including development history, competitive landscape analysis, and major regions' development status. This report states import/export, supply and consumption figures as well as cost, price, revenue and gross margin by regions (United States, EU, China and Japan). Then, the marine diesel engine market report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Overall, the report provides major statistics on the state of marine diesel engine market and is a valuable source of guidance and direction for companies and individuals interested in the market. Companies mentioned in this report are are Cummins, Caterpiller, MITSUBISHI, Yanmar, Daimler, VOLVO, Kubota and Hatz, Kohler. Read more at .

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Source: PR Newswire (August 1, 2016 - 2:00 AM EDT)

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