Press release
Global Marine Hybrid Propulsion System Market Size, Status and Forecast 2018-2025
Marine propulsion is the mechanism or system used to generate thrust to move a ship or boat across water. Most modern ships are propelled by mechanical systems consisting of an electric motor or engine turning a propeller, or less frequently, in pump-jets, an impeller.
Hybrid ferries combine traditional diesel power with electric battery power, resulting in reductions in fossil fuel consumption, carbon emissions and other pollutants.
In 2017, the global Marine Hybrid Propulsion System market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
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The key players covered in this study
General Electric
Siemens
Caterpillar
BAE Systems
Wartsila
Mitsubishi Heavy Industries
Torqeedo
Steyr Motors
ABB
MAN Diesel & Turbo
Schottel
Market segment by Type, the product can be split into
Diesel-Electric
Gas-Electric
Others
Market segment by Application, split into
Commercial
Logistics
Offshore Drilling
Naval
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Marine Hybrid Propulsion System status, future forecast, growth opportunity, key market and key players.
To present the Marine Hybrid Propulsion System development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Marine Hybrid Propulsion System are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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