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Marine Propulsion Engine Market Global Analysis and Forecasts by Key Players: Rolls Royce, Mitsubishi, Volvo Penta, Sinopec, Wärtsilä, Yamaha, Caterpillar, MAN Diesel & Turbo, Hydraulic Marine Systems, and Cummins

07-27-2018 03:00 PM CET | Logistics & Transport

Press release from: Global Market Insights, Inc.

Marine Propulsion Engine Market Global Analysis and Forecasts

Market Overview:-

Global Marine Propulsion Engine Market is set to be over USD 13 billion by 2024 with a CAGR of more than 4%. Increasing the efficiency of ships by using renewable resources is forecast to enable modernization and reduce the impact on diesel engines. Next generation tankers capability to carry large loads will augment marine propulsion engine market.

Request For Sample Copy Of This Report @ https://www.gminsights.com/request-sample/detail/791

Top Key Players:-

The key players of global Marine Propulsion Engine Market are Volvo Penta, Rolls Royce, Sinopec, Mitsubishi, Wärtsilä, Yamaha, Caterpillar, MAN Diesel & Turbo, Hydraulic Marine Systems, and Cummins.

Regional Segmentations:-

Asia Pacific contributed to over half of the total revenue generated in 2015 due to China and Korea marine propulsion engine market growth. U.S. may witness high adoption rate of LNG during the forecast period.

Major Points of Table Of Content:-

3. Marine Propulsion Engine Industry Insights

3.1. Industry segmentation
3.2. Industry Size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.4. Technological landscape
3.5. Industry Impact forces
3.5.1 Growth drivers
3.5.1.1 Rising demand for operationally-dependable and efficient ships
3.5.1.2 Introdution of nuclear propulsion engines
3.5.1.3 Rising LNG prominence
3.5.1.4 Growing prefrence for non-conventional energy sources
3.5.2 Industry pitfalls & challenges
3.5.2.1 Strict emission standards
3.5.2.2 Renewable energy sources limitations for primary propulsion
3.6. Growth potential analysis
3.7. Porter’s analysis
3.8. Key competitor landscape
3.9. PESTEL analysis

Browse Full Report @ https://www.gminsights.com/industry-analysis/marine-propulsion-engine-market

Importance of advanced technologies and increasing awareness for environmental conservation has led government to take severe actions in emissions. Instances such as oil spills, exhaust gases, chemical spills, air pollution and sewage waste leads to water contamination. Marine Pollution Convention (MARPOL) guidelines supports in environment protection from locomotive exhaust gases. Stringent emission standards and non-compliance to rules will lead to huge penalties for various organizations. Environmental regulations posed by government for reducing CO2 emissions will certainly have impact on marine propulsion engine market.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
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Email: sales@gminsights.com
Web: www.gminsights.com

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