Press release
Global Marine Hybrid Propulsion Market Size & Trends
Global Marine Hybrid Propulsion Market Size
The market will be driven during the forecast period by the increase in manufacturing of commercial and defence ships and cargo vessels, rising demand for fuel efficient systems in the maritime industry, stringent rules and regulations with respect to fuel emissions due to maritime activities and substantial increase in the budgets allotted to naval defense.
Browse 153 Market Data Tables and 113 Figures spread through 185 Pages and in-depth TOC on "Global Marine Hybrid Propulsion Market - Forecast to 2027'' https://www.globalmarketestimates.com/market-report/marine-hybrid-propulsion-market-3802
By Product Type (Diesel-Electric, Parallel Electric, and Serial Hybrid), By End-Use (Tugboats, Offshore Support Vessels, Ferries, Defense Vessels, Yacht, and Cruise Ships), By Power Ratings (0-300 kW, 301-500 kW, 501-800 kW, and Above 801 kW), By Stroke (Two Stroke and Four Stroke), By RPM (0-1,000 RPM, 1,001-2,500 RPM, and Above 2,500 RPM), By Region (North America, Asia Pacific, Central & South America, Europe, and the Middle East & Africa), End-User Landscape Analysis, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• As per the product type outlook, the diesel-electric is expected to be the largest segment in the marine hybrid propulsion market from 2022 to 2027
• The Asia Pacific region is analyzed to be the fastest-growing segment in the market
• United States (North America) has the largest share in the market during the forecast period of 2022-2027.
• As per the end-use outlook, the tugboats segment is expected to be the largest segment in the market from 2022 to 2027
• Cummins Inc, AB Volvo Penta, Rolls-Royce Plc, Nigata Power Systems Co., Ltd., Fairbanks Morse Engine, Masson-Marine S.A.S, Caterpillar Inc., BAE Systems pls, Wartsila Corporation and MAN Diesel & Turbo SE among others are the key players in the marine hybrid propulsion market.
Product Type Outlook (Revenue, USD Billion, 2022-2027)
• Diesel-Electric
• Parallel Electric
• Serial Hybrid
End-Use Outlook (Revenue, USD Billion, 2022-2027)
• Tugboats
• Offshore Support Vessels
• Ferries
• Defense Vessels
• Yacht
• Cruise Ships
Power Rating Outlook (Revenue, USD Billion, 2022-2027)
• 0-300 kW
• 301-500 kW
• 501-800 kW
• Above 801 kW
Stroke Outlook (Revenue, USD Billion, 2022-2027)
• Two Stroke
• Four Stroke
RPM Outlook (Revenue, USD Billion, 2022-2027)
• 0-1,000 RPM
• 1,001-2,500 RPM
• Above 2,500 RPM
Regional Outlook (Revenue, USD Billion, 2022-2027)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +1 6026667238
B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India
Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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