Global Marine Engines Market Analysis 2021

The Global Marine Engines market is expected to reach $16.60 billion by 2027 growing at a CAGR of 5.0% during 2020 to 2027. Marine engines are used to provide power to marine vehicles like ships, submarines, and boats. They are the engines that are installed in marine vehicles. These engines consist of different components including crankshaft, liner, pistons, bedplate, and head. They are constructed with corrosion-inhibiting materials and their seals & bearings are specially designed for the sea operating environment. Some of the factors such as the raise in maritime tourism, growth in shipbuilding activities, and increasing usage of environment-friendly LNG-fueled engines are driving the market. Though, strict environmental regulations coming into effect are hampering the market. The increasing command for dual-fuel engines is an opportunity for the marine engines market. Based on vessel, the commercial vessel segment is anticipated to grow at a significant rate during the forecast period due to the rise in the international seaborne trade. The bulk carriers in commercial vessels are used to transport loose dry cargoes such as ore, grains, and cement. The key vendors mentioned are General Electric Company, Mercury Marine Inc., Volvo Penta, Rolls-Royce Holdings PLC, Doosan Infracore, Hyundai Heavy Industries, General Motors, Man Diesel and Turbo, Kongsberg, Mitsubishi Heavy Industries, Chrysler, Caterpillar, Mahindra Powerol, Wartsila Corporation, Yanmar Holdings Co. Ltd, Cummins, Honda Motors Co. Ltd, Brunswick, Scania, John Deere, Daihatsudiesel, Dresser-Rand, and Deutz. Fuels Covered: • Intermediate Fuel Oil • Liquefied Natural Gas (LNG) • Marine Diesel Oil (MDO) • Marine Gas Oil (MGO) • Heavy Fuel Oil Power Ranges Covered: • Up to 1,000 HP • 1,001–5,000 HP • 5,001–10,000 HP • 10,001–20,000 HP • Above 20,000 HP Types Covered: • Outboard Engines • Inboard Engines Ship Types Covered: • Cargo • Ferries and Passenger ship • Cruise • Bulk Carriers • General Cargo Ships • Container Ships • Gas Carriers • Oil Tankers • Chemical Tankers • Support Vessel Vessels Covered: • Commercial Vessel • Inland Water Ways • Offshore Support Vessel Uses Covered: • Crew Vessel • StandBy & Rescue Vessel • Platform Supply Vessel • Anchor Handling Tug and Supply Vessel • Multi-Purpose Supply Vessel Speeds Covered: • Low Speed • Medium Speed • High Speed Engines Covered: • Propulsion Engine • Auxiliary Engine • Generator Drive Engines • Diesel Electric Engine Stroke Types Covered: • Two-Stroke • Four-Stroke Engine Types Covered: • Petrol • Gasoline • Hybrid Applications Covered: • Liquefied Natural Gas (LNG)/Liquefied Petroleum Gas (LPG) Carrier • Navy • Tanker • Product Carrier • Pure Car Carrier • Recreational • Reefer • Special Carriers Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2019 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period

1 Market Synopsis

2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources

3 Market Dynamics
3.1 Drivers
3.2 Restraints

4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Marine Engines Market, By Fuel
5.1 Introduction
5.2 Intermediate Fuel Oil
5.3 Liquefied Natural Gas (LNG)
5.4 Marine Diesel Oil (MDO)
5.5 Marine Gas Oil (MGO)
5.6 Heavy Fuel Oil

6 Global Marine Engines Market, By Power Range
6.1 Introduction
6.2 Up to 1,000 HP
6.3 1,001–5,000 HP
6.4 5,001–10,000 HP
6.5 10,001–20,000 HP
6.6 Above 20,000 HP

7 Global Marine Engines Market, By Type
7.1 Introduction
7.2 Outboard Engines
7.3 Inboard Engines

8 Global Marine Engines Market, By Ship Type
8.1 Introduction
8.2 Cargo
8.3 Ferries and Passenger ship
8.4 Cruise
8.5 Bulk Carriers
8.6 General Cargo Ships
8.7 Container Ships
8.8 Gas Carriers
8.9 Oil Tankers
8.10 Chemical Tankers
8.11 Support Vessel

9 Global Marine Engines Market, By Vessel
9.1 Introduction
9.2 Commercial Vessel
9.3 Inland Water Ways
9.4 Offshore Support Vessel

10 Global Marine Engines Market, By Use
10.1 Introduction
10.2 Crew Vessel
10.3 StandBy & Rescue Vessel
10.4 Platform Supply Vessel
10.5 Anchor Handling Tug and Supply Vessel
10.6 Multi-Purpose Supply Vessel

11 Global Marine Engines Market, By Speed
11.1 Introduction
11.2 Low Speed
11.3 Medium Speed
11.4 High Speed

12 Global Marine Engines Market, By Engine
12.1 Introduction
12.2 Propulsion Engine
12.3 Auxiliary Engine
12.4 Generator Drive Engines
12.5 Diesel Electric Engine

13 Global Marine Engines Market, By Stroke Type
13.1 Introduction
13.2 Two-Stroke
13.3 Four-Stroke

14 Global Marine Engines Market, By Engine Type
14.1 Introduction
14.2 Petrol
14.3 Gasoline
14.4 Hybrid

15 Global Marine Engines Market, By Application
15.1 Introduction
15.2 Liquefied Natural Gas (LNG)/Liquefied Petroleum Gas (LPG) Carrier
15.3 Navy
15.4 Tanker
15.5 Product Carrier
15.6 Pure Car Carrier
15.7 Recreational
15.8 Reefer
15.9 Special Carriers

16 Global Marine Engines Market, By Geography
16.1 Introduction
16.2 North America
16.3 Europe
16.4 Asia Pacific
16.5 South America
16.6 Middle East & Africa

17 Strategic Benchmarking

18 Vendors Landscape
18.1 General Electric Company
18.2 Mercury Marine Inc.
18.3 Volvo Penta
18.4 Rolls-Royce Holdings PLC
18.5 Doosan Infracore
18.6 Hyundai Heavy Industries
18.7 General Motors
18.8 Man Diesel and Turbo
18.9 Kongsberg
18.10 Mitsubishi Heavy Industries
18.11 Chrysler
18.12 Caterpillar
18.13 Mahindra Powerol
18.14 Wartsila Corporation
18.15 Yanmar Holdings Co. Ltd
18.16 Cummins
18.17 Honda Motors Co. Ltd
18.18 Brunswick
18.19 Scania
18.20 John Deere
18.21 Daihatsudiesel
18.22 Dresser-Rand
18.23 Deutz

List of Data Tables
1 Global Marine Engines Market Outlook, By Region (2019-2027) ($MN)
2 Global Marine Engines Market Outlook, By Fuel (2019-2027) ($MN)
3 Global Marine Engines Market Outlook, By Intermediate Fuel Oil (2019-2027) ($MN)
4 Global Marine Engines Market Outlook, By Liquefied Natural Gas (LNG) (2019-2027) ($MN)
5 Global Marine Engines Market Outlook, By Marine Diesel Oil (MDO) (2019-2027) ($MN)
6 Global Marine Engines Market Outlook, By Marine Gas Oil (MGO) (2019-2027) ($MN)
7 Global Marine Engines Market Outlook, By Heavy Fuel Oil (2019-2027) ($MN)
8 Global Marine Engines Market Outlook, By Power Range (2019-2027) ($MN)
9 Global Marine Engines Market Outlook, By Up to 1,000 HP (2019-2027) ($MN)
10 Global Marine Engines Market Outlook, By 1,001–5,000 HP (2019-2027) ($MN)
11 Global Marine Engines Market Outlook, By 5,001–10,000 HP (2019-2027) ($MN)
12 Global Marine Engines Market Outlook, By 10,001–20,000 HP (2019-2027) ($MN)
13 Global Marine Engines Market Outlook, By Above 20,000 HP (2019-2027) ($MN)
14 Global Marine Engines Market Outlook, By Type (2019-2027) ($MN)
15 Global Marine Engines Market Outlook, By Outboard Engines (2019-2027) ($MN)
16 Global Marine Engines Market Outlook, By Inboard Engines (2019-2027) ($MN)
17 Global Marine Engines Market Outlook, By Ship Type (2019-2027) ($MN)
18 Global Marine Engines Market Outlook, By Cargo (2019-2027) ($MN)
19 Global Marine Engines Market Outlook, By Ferries and Passenger ship (2019-2027) ($MN)
20 Global Marine Engines Market Outlook, By Cruise (2019-2027) ($MN)
21 Global Marine Engines Market Outlook, By Bulk Carriers (2019-2027) ($MN)
22 Global Marine Engines Market Outlook, By General Cargo Ships (2019-2027) ($MN)
23 Global Marine Engines Market Outlook, By Container Ships (2019-2027) ($MN)
24 Global Marine Engines Market Outlook, By Gas Carriers (2019-2027) ($MN)
25 Global Marine Engines Market Outlook, By Oil Tankers (2019-2027) ($MN)
26 Global Marine Engines Market Outlook, By Chemical Tankers (2019-2027) ($MN)
27 Global Marine Engines Market Outlook, By Support Vessel (2019-2027) ($MN)
28 Global Marine Engines Market Outlook, By Vessel (2019-2027) ($MN)
29 Global Marine Engines Market Outlook, By Commercial Vessel (2019-2027) ($MN)
30 Global Marine Engines Market Outlook, By Inland Water Ways (2019-2027) ($MN)
31 Global Marine Engines Market Outlook, By Offshore Support Vessel (2019-2027) ($MN)
32 Global Marine Engines Market Outlook, By Use (2019-2027) ($MN)
33 Global Marine Engines Market Outlook, By Crew Vessel (2019-2027) ($MN)
34 Global Marine Engines Market Outlook, By StandBy & Rescue Vessel (2019-2027) ($MN)
35 Global Marine Engines Market Outlook, By Platform Supply Vessel (2019-2027) ($MN)
36 Global Marine Engines Market Outlook, By Anchor Handling Tug and Supply Vessel (2019-2027) ($MN)
37 Global Marine Engines Market Outlook, By Multi-Purpose Supply Vessel (2019-2027) ($MN)
38 Global Marine Engines Market Outlook, By Speed (2019-2027) ($MN)
39 Global Marine Engines Market Outlook, By Low Speed (2019-2027) ($MN)
40 Global Marine Engines Market Outlook, By Medium Speed (2019-2027) ($MN)
41 Global Marine Engines Market Outlook, By High Speed (2019-2027) ($MN)
42 Global Marine Engines Market Outlook, By Engine (2019-2027) ($MN)
43 Global Marine Engines Market Outlook, By Propulsion Engine (2019-2027) ($MN)
44 Global Marine Engines Market Outlook, By Auxiliary Engine (2019-2027) ($MN)
45 Global Marine Engines Market Outlook, By Generator Drive Engines (2019-2027) ($MN)
46 Global Marine Engines Market Outlook, By Diesel Electric Engine (2019-2027) ($MN)
47 Global Marine Engines Market Outlook, By Stroke Type (2019-2027) ($MN)
48 Global Marine Engines Market Outlook, By Two-Stroke (2019-2027) ($MN)
49 Global Marine Engines Market Outlook, By Four-Stroke (2019-2027) ($MN)
50 Global Marine Engines Market Outlook, By Engine Type (2019-2027) ($MN)
51 Global Marine Engines Market Outlook, By Petrol (2019-2027) ($MN)
52 Global Marine Engines Market Outlook, By Gasoline (2019-2027) ($MN)
53 Global Marine Engines Market Outlook, By Hybrid (2019-2027) ($MN)
54 Global Marine Engines Market Outlook, By Application (2019-2027) ($MN)
55 Global Marine Engines Market Outlook, By Liquefied Natural Gas (LNG)/Liquefied Petroleum Gas (LPG) Carrier (2019-2027) ($MN)
56 Global Marine Engines Market Outlook, By Navy (2019-2027) ($MN)
57 Global Marine Engines Market Outlook, By Tanker (2019-2027) ($MN)
58 Global Marine Engines Market Outlook, By Product Carrier (2019-2027) ($MN)
59 Global Marine Engines Market Outlook, By Pure Car Carrier (2019-2027) ($MN)
60 Global Marine Engines Market Outlook, By Recreational (2019-2027) ($MN)
61 Global Marine Engines Market Outlook, By Reefer (2019-2027) ($MN)
62 Global Marine Engines Market Outlook, By Special Carriers (2019-2027) ($MN)
63 North America Marine Engines Market Outlook, By Fuel (2019-2027) ($MN)
64 North America Marine Engines Market Outlook, By Power Range (2019-2027) ($MN)
65 North America Marine Engines Market Outlook, By Type (2019-2027) ($MN)
66 North America Marine Engines Market Outlook, By Ship Type (2019-2027) ($MN)
67 North America Marine Engines Market Outlook, By Vessel (2019-2027) ($MN)
68 North America Marine Engines Market Outlook, By Use (2019-2027) ($MN)
69 North America Marine Engines Market Outlook, By Speed (2019-2027) ($MN)
70 North America Marine Engines Market Outlook, By Engine (2019-2027) ($MN)
71 North America Marine Engines Market Outlook, By Stroke Type (2019-2027) ($MN)
72 North America Marine Engines Market Outlook, By Engine Type (2019-2027) ($MN)
73 North America Marine Engines Market Outlook, By Application (2019-2027) ($MN)
74 Europe Marine Engines Market Outlook, By Fuel (2019-2027) ($MN)
75 Europe Marine Engines Market Outlook, By Power Range (2019-2027) ($MN)
76 Europe Marine Engines Market Outlook, By Type (2019-2027) ($MN)
77 Europe Marine Engines Market Outlook, By Ship Type (2019-2027) ($MN)
78 Europe Marine Engines Market Outlook, By Vessel (2019-2027) ($MN)
79 Europe Marine Engines Market Outlook, By Use (2019-2027) ($MN)
80 Europe Marine Engines Market Outlook, By Speed (2019-2027) ($MN)
81 Europe Marine Engines Market Outlook, By Engine (2019-2027) ($MN)
82 Europe Marine Engines Market Outlook, By Stroke Type (2019-2027) ($MN)
83 Europe Marine Engines Market Outlook, By Engine Type (2019-2027) ($MN)
84 Europe Marine Engines Market Outlook, By Application (2019-2027) ($MN)
85 Asia Pacific Marine Engines Market Outlook, By Fuel (2019-2027) ($MN)
86 Asia Pacific Marine Engines Market Outlook, By Power Range (2019-2027) ($MN)
87 Asia Pacific Marine Engines Market Outlook, By Type (2019-2027) ($MN)
88 Asia Pacific Marine Engines Market Outlook, By Ship Type (2019-2027) ($MN)
89 Asia Pacific Marine Engines Market Outlook, By Vessel (2019-2027) ($MN)
90 Asia Pacific Marine Engines Market Outlook, By Use (2019-2027) ($MN)
91 Asia Pacific Marine Engines Market Outlook, By Speed (2019-2027) ($MN)
92 Asia Pacific Marine Engines Market Outlook, By Engine (2019-2027) ($MN)
93 Asia Pacific Marine Engines Market Outlook, By Stroke Type (2019-2027) ($MN)
94 Asia Pacific Marine Engines Market Outlook, By Engine Type (2019-2027) ($MN)
95 Asia Pacific Marine Engines Market Outlook, By Application (2019-2027) ($MN)
96 South America Marine Engines Market Outlook, By Fuel (2019-2027) ($MN)
97 South America Marine Engines Market Outlook, By Power Range (2019-2027) ($MN)
98 South America Marine Engines Market Outlook, By Type (2019-2027) ($MN)
99 South America Marine Engines Market Outlook, By Ship Type (2019-2027) ($MN)
100 South America Marine Engines Market Outlook, By Vessel (2019-2027) ($MN)
101 South America Marine Engines Market Outlook, By Use (2019-2027) ($MN)
102 South America Marine Engines Market Outlook, By Speed (2019-2027) ($MN)
103 South America Marine Engines Market Outlook, By Engine (2019-2027) ($MN)
104 South America Marine Engines Market Outlook, By Stroke Type (2019-2027) ($MN)
105 South America Marine Engines Market Outlook, By Engine Type (2019-2027) ($MN)
106 South America Marine Engines Market Outlook, By Application (2019-2027) ($MN)
107 Middle East & Africa Marine Engines Market Outlook, By Fuel (2019-2027) ($MN)
108 Middle East & Africa Marine Engines Market Outlook, By Power Range (2019-2027) ($MN)
109 Middle East & Africa Marine Engines Market Outlook, By Type (2019-2027) ($MN)
110 Middle East & Africa Marine Engines Market Outlook, By Ship Type (2019-2027) ($MN)
111 Middle East & Africa Marine Engines Market Outlook, By Vessel (2019-2027) ($MN)
112 Middle East & Africa Marine Engines Market Outlook, By Use (2019-2027) ($MN)
113 Middle East & Africa Marine Engines Market Outlook, By Speed (2019-2027) ($MN)
114 Middle East & Africa Marine Engines Market Outlook, By Engine (2019-2027) ($MN)
115 Middle East & Africa Marine Engines Market Outlook, By Stroke Type (2019-2027) ($MN)
116 Middle East & Africa Marine Engines Market Outlook, By Engine Type (2019-2027) ($MN)
117 Middle East & Africa Marine Engines Market Outlook, By Application (2019-2027) ($MN)