Marine Internal Combustion Engine Global Market Report - Key Players (Hyundai, Doosan, Mitsui, STX, Caterpillar (MAK), Rolls-Royce (MTU) Profil, Yanmar, Mitsubishi, STX etc.) 2014-2026

Marine Internal Combustion Engine Global Market Report - Key Players (Hyundai, Doosan, Mitsui, STX, Caterpillar (MAK), Rolls-Royce (MTU) Profil, Yanmar, Mitsubishi, STX etc.) 2014-2026

According to the report, the Marine Internal Combustion Engine market is predicted to achieve USD 12,530 million by 2026. This report examines the status quo and projections of the global Marine Internal Combustion Engine market and analyzes the Marine Internal Combustion Engine market by manufacturer, type, application, and region. This report focuses on top manufacturers in North America, Europe, Japan, China, India, Southeast Asia, and other regions (Central and South America, Middle East and Africa).

Market Summary

Overview:

A marine internal combustion engine is a device applied to a ship propulsion system. It supplies power to the marine ships. The marine internal combustion engine is quite vast compared with the engines used in automobiles. It consists of several parts, such as cylinder block, crankshaft, base, piston, cylinder head, and valve. Generally speaking, a marine internal combustion engine takes heavy oil and diesel as fuel.

China is one of the largest consumption markets of the marine internal combustion engine. But Chinese manufacturers didn’t provide enough products. The products made in China don’t have the same quality compared with by the product made in aboard, though they have the same design and solutions, this is because of the low performance of base parts.

The Marine Internal Combustion Engine market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include Hyundai, Doosan, Mitsui, STX, Caterpillar (MAK), Rolls-Royce (MTU) Profil, Yanmar, Mitsubishi, STX, DAIHATSU, Kawasaki, Diesel United, Niigata, CSSC, Antai Power, Rongan Power, Antai Power, Jinan Diesel Engine, Yangpu Heavy Machinery, ZGPT Diesel, and etc.

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Value:

It is estimated that the total market value of the Marine Internal Combustion Engine global market is poised to reach USD 12,530 million in 2026 from USD 8,922 million in 2019, with a CAGR of 4.97%.

Facilitating and Limiting Factors:

Factors such as an increase in production leisure marine travelers (cruisers) and the development of the global seaborne transport industry fuel the growth of the global marine internal combustion engine market. Increase in awareness towards efficient use of fuel is also expected to boost the adoption of such engines, as they will gradually replace the traditional steam engines.  Added to above, the rise in disposable income of the people is anticipated to further boost the market. Yet, the growth of the market may be hindered by depletion in the global reserve of conventional fuels and rise in the adoption of renewable sources of energy.

The global Marine Internal Combustion Engine market is broadly divided based on type, application, and region:

By type - Low-speed engine, Medium-speed engine, High-speed engine

By application - Container Ship, Bulk Freighter, Tanker, Cruise, Others

By region - North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others

Europe and North America are the two major markets for marine internal combustion engines, followed by the Asia-Pacific region, accounting for 35.27%, 33.65% and 23.65% of the global sales respectively. In the Asia-Pacific region, South Korea, Japan and China are the major consumer markets for marine internal combustion engines. Among them, South Korea is the leader in the low-speed marine internal combustion engine market, while ship manufacturers generally prefer to build the medium-speed ship in Japan and China. In China, the marine internal combustion engine industry is encouraged by the government. In this year, CSSC and CISC have already signed a technology license contract with Mann. With the development of macro-economy, the marine internal combustion engine industry may develop rapidly.

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What Information does this report contain?

l   The report covers the prediction and analysis of the global Marine Internal Combustion Engine market at the global and regional levels.

l   The report includes drivers and constraints that affect market growth.

l   Discussed details about market opportunities

l   The assessments for the regional market layout characteristics in the world.

l   The report includes detailed company profiles for prominent market participants.

Audience:

l   Marine Internal Combustion Engine manufacturers

l   Marine Internal Combustion Engine importers and exporters

l   Marine Internal Combustion Engine traders, distributors, and suppliers

l   Marine Internal Combustion Engine industry associations

l   Product managers, Marine Internal Combustion Engine industry administrator, C-level executives of the industries

l   Market Research and consulting firms

l   Small and Medium-sized Enterprises (SMEs)

l   Government agencies and NGOs

Table of Content

1 Report Overview

1.1  Product Definition and Scope

1.2  PEST (Political, Economic, Social and Technological) Analysis of Marine Internal Combustion Engine Market

2 Market Trends and Competitive Landscape

3 Segmentation of Marine Internal Combustion Engine Market by Types

4 Segmentation of Marine Internal Combustion Engine Market by End-Users

5 Market Analysis by Major Regions

6 Product Commodity of Marine Internal Combustion Engine Market in Major Countries

7 North America Marine Internal Combustion Engine Landscape Analysis

8 Europe Marine Internal Combustion Engine Landscape Analysis

9 Asia Pacific Marine Internal Combustion Engine Landscape Analysis

10 Latin America, Middle East & Africa Marine Internal Combustion Engine Landscape Analysis  

11 Major Players Profile

11.1 Hyundai

11.1.1 Hyundai Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Doosan

11.3 Mitsui

11.4 STX

11.5 Caterpillar (MAK)

11.6 Rolls-Royce (MTU) Profil

11.7 Yanmar

11.8 Mitsubishi

11.9 STX

11.10 DAIHATSU

11.11 Kawasaki

11.12 Diesel United

11.13 Niigata

11.14 CSSC

11.15 Antai Power

11.16 Rongan Power

11.17 Antai Power

11.18 Jinan Diesel Engine

11.19 Yangpu Heavy Machinery

11.20 ZGPT Diesel

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