Marine Engines Market Technology Growth, Application over Globe and Key Players Like Brunswick, Anglo Belgian, Caterpillar, Daihatsu Diesel, Cummins, Deutz, Shanghai Diesel, John Deere, MAN D&T, Rolls Royce, STX, Scania, Volvo Penta, W?rtsil?, IHI Corpora

Global Marine Engines Market Report to 2024 serves overall Marine Engines details including latest trends, Marine Engines stats, and factors driving the growth. A detailed study of key Marine Engines players, supply chain analysis, strategies for business and Marine Engines advancement scheme is provided in this report. Different factors like Marine Engines growth scenario, value chain study, distribution status and Marine Engines landscape scheme are offered in this report. The forecast projection related to Global Marine Engines is structured in this report.

Limited maintenance and lightweight unit requirement are the prime imperative factors that will enhance the medium speed marine engines market. In addition, growing maritime tourism along with rising demand for cruise ships and ferries will positively impact the industry outlook. As per FCCA, in 2015, cruise ships voyaged over 23 billion passengers across the globe.

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MGO marine engines market is set to witness growth owing to the paradigm shift by shipowners toward adoption of eco-friendly fuel coupled with introduction of regulations and norms by IMO under the MARPOL. Generation of the lowest fuel concentration of SOx and NOx is one of the distinct feature propelling the product demand.

The U.S. marine engines market is anticipated to exceed USD 1 billion by 2024. Ongoing research activities to develop systems in compliance to the environmental norms will augment the industry landscape. In addition, ongoing retrofitting activities across shipping yards toward the deployment of low emission systems will further complement the product demand.

Large-scale adoption of vessels including tankers, bulk carriers and cargo will fuel the low-speed marine engines market growth. Global rise across seagoing vessel trade coupled with cost efficient fuel utilization will encourage the product demand. Furthermore, increasing adoption of these products across merchant and container vessels will stimulate the business growth.

Recreational marine engines market is projected to grow owing to rising disposable income coupled with improving standard of living. Increasing demand for comfort and luxury, resulting in growing investments toward cruise vessels will subsequently boost the industry landscape. Positive outlook toward tourism industry as a result of resurgent economic growth post-recession will further enhance the business landscape.

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Positive outlook towards shipbuilding industry along with technological innovations to develop clean fuel engines is set to stimulate Germany marine engines market growth. Shifting focus toward cruise ships, wind farm service, mega yachts, military and ro-pax will boost the product penetration.

Marine Engines market is predicted to exceed USD 13 billion by 2024. Positive outlook toward marine industry along with rising seaborne trade will drive the business growth. In line with developments in the world economy, demand for shipping services witnessed robust growth. According to UNCTAD, in 2016, the global maritime trade volumes increased by 2.6% with container trade accounting for more than 23% of the global marine trade.

Two-stroke marine engines market is projected to witness strong growth on account of technological advancements for the improvement in operational efficiency to comply with the environmental norms. These systems have thermal efficiency as high as over 50% and offers higher power even at low rotational speed.

Notable industry players include Brunswick, Anglo Belgian, Caterpillar, Daihatsu Diesel, Cummins, Deutz, Shanghai Diesel, John Deere, MAN D&T, Rolls Royce, STX, Scania, Volvo Penta, W?rtsil?, IHI Corporation, Yanmar, Yamaha, Yuchai and Weichai.

Table of Content

Chapter 1. Methodology and Scope

1.1. Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.1.4. Market definition and forecast parameters

1.2. Data Sources

1.2.1. Secondary

1.2.1.1. Paid Sources

1.2.1.2. Public Sources

1.2.2. Primary

Chapter 2. Executive Summary

2.1. Marine engines industry 360 degree synopsis, 2013 - 2024

2.1.1. Business trends

2.1.2. Fuel trends

2.1.3. Power trends

2.1.4. Technology trends

2.1.5. Propulsion trends

2.1.6. Application trends

2.1.7. Regional Trends

Chapter 3. Marine engines Market Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024 (USD Million)

3.3. Industry ecosystem analysis

3.3.1. Vendor Matrix

3.4. Innovation landscape

3.4.1. Wartsila

3.4.2. Caterpillar

3.4.3. General Electric

3.4.4. Other innovations

3.5. Regulatory landscape

3.5.1. IMO

3.5.1.1. MARPOL

3.5.1.2. NOx Emissions Standards

3.5.1.3. SOx Emission Standards

3.5.1.4. Greenhouse Gas Emissions

3.5.2. U.S.

3.5.2.1. 1999 Marine Engine Rule

3.5.2.2. 2002 Recreational Engine Rule

3.5.2.3. 2003 Category 3 Engine Rule

3.5.2.4. 2008 Category � Engine Rule

3.5.2.5. Environment Control Areas (ECAs)

3.5.2.6. California

3.5.3. Europe

3.5.3.1. Directive 2004/26/EC

3.5.3.2. Directive 1999/32/EC

3.5.4. China

3.5.4.1. China, I/II Standards

3.5.4.2. Domestic Emission Control Areas

3.5.5. Japan

3.6. Shipbuilding industry trends & outlook

3.7. Customer requirements

3.8. Customer group requirements

3.9. Entry barrier

3.10. Global operated fleet, by operators, 2017

3.11. Global ownership of fleet, by countries, 2017

3.12. Industry impact forces

3.12.1. Growth drivers

3.12.1.1. Expansion in seaborne trade

3.12.1.2. Increasing maritime tourism

3.12.1.3. Technological advancement in marine engines

3.12.2. Industry pitfalls & challenges

3.12.2.1. Stringent government regulations against emissions

3.13. Growth potential analysis

3.14. Porter's Analysis

3.15. Competitive landscape, 2017

3.15.1. Strategy Dashboard

3.15.1.1. Wartsila

3.15.1.1.1. Mergers & Acquisitions

3.15.1.1.2. Business Optimization Program

3.15.1.2. MAN Diesel & Turbo

3.15.1.2.1. Expansion of After-sales

3.15.1.2.2. New product launches

3.15.1.2.3. Mergers & Acquisitions

3.15.1.2.4. Joint Venture

3.15.1.2.5. Research and development

3.15.1.2.6. Overseas expansion

3.15.1.3. Volvo Penta

3.15.1.3.1. New product launches

3.15.1.3.2. Expansion of Distribution Network

3.15.1.4. Caterpillar

3.15.1.4.1. New product launches

3.15.1.5. Yamaha

3.15.1.5.1. New product launches

3.15.2. Company market share by region

3.15.2.1. North America

3.15.2.2. Europe

3.15.2.3. Asia Pacific

3.15.2.4. Middle East & Africa

3.15.2.5. Latin America

3.15.3. Company market share by technology

3.15.3.1. Low speed

3.15.3.2. Medium speed

3.16. PESTEL analysis

Chapter 4. Marine Engines Market, By Fuel

4.1. Global marine engines market share by fuel, 2017 & 2024

4.2. MDO

4.2.1. Global market by MDO, 2013-2024

4.2.2. Global market by MDO, by region 2013 - 2024

4.3. MGO

4.3.1. Global market by MGO, 2013-2024,

4.3.2. Global market by MGO, by region 2013 - 2024

4.4. LNG

4.4.1. Global market by LNG, 2013-2024,

4.4.2. Global market by LNG, by region 2013 - 2024

4.5. Hybrid

4.5.1. Global market by hybrid, 2013-2024,

4.5.2. Global market by hybrid, by region 2013 - 2024

4.6. Others

4.6.1. Global market by others, 2013-2024,

4.6.2. Global market by others, by region 2013 - 2024

Chapter 5. Marine Engines Market, By Power

5.1. Global marine engines market share by power, 2017 & 2024

5.2. > 1,000 HP

5.2.1. Global market by > 1,000 HP, 2013-2024

5.2.2. Global market by > 1,000 HP, by region 2013 - 2024

5.3. 1,000-5,000 HP

5.3.1. Global market by 1,000-5,000 HP, 2013-2024

5.3.2. Global market by 1,000-5,000 HP, by region 2013 - 2024

5.4. 5,000-10,000 HP

5.4.1. Global market by 5,000-10,000 HP, 2013-2024

5.4.2. Global market by 5,000-10,000 HP, by region 2013 - 2024

5.5. 10,000-20,000 HP

5.5.1. Global market by 10,000-20,000 HP, 2013-2024

5.5.2. Global market by 10,000-20,000 HP, by region 2013 - 2024

5.6. > 20,000 HP

5.6.1. Global market by > 20,000 HP, 2013-2024

5.6.2. Global market by > 20,000 HP, by region 2013 - 2024

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