Marine Engine Market: growth in capital expenditure for development of ship engines by 2021

Scope and Regional Forecast of the Marine Engine Market:
According to the IndustryARC research analysis studies on the Marine Engine Market, 4-stroke engine marine are expected to have the highest demand and growth in this market when compared to other types of engines. Companies invest high revenue for the development of the engines for improving the performance of ship engines.
North America and Europe are anticipated to witness high growth in the Marine Engine Market according to the IndustryARC analytics, offshore projects, sea exploration and defense ships are the major users of this market during 2016-2021.
Make an Inquiry @ http://industryarc.com/inquiry-before-buying.php?id=15099
Asia Pacific is the leading region in the Marine Engine Market with China, India and Japan leading the charge with high use and production of marine engine parts. Yanmar engines are the top selling engine for marine applications from Japan. There is high demand for yanmar marine diesel engines in Asia Pacific as well as in the global market during 2016-2021.
Segmentation of the Marine Engine Market:
The Marine Engine Market is segmented into various categories in the IndustryARC marketing research report by fuel type, by propulsion, by type of vessel, by engine power in terms of HP, by application, by use and by geography as follows:
By fuel type: Gas, Marine Diesel Oil, Heavy Fuel Oil, Intermediate Fuel Oil, Gasoline and others
By propulsion: 2- Stroke, 4- Stroke, Diesel Electric Engine and others
By type of vessel: Commercial, Offshore Support and Inland Water Ways
By engine power in terms of HP: Up To 20000 HP, 20000 - 40000 HP, 40000 - 60000 HP, 60000 - 80000 HP and Above 80000 HP
By application: General Cargo, LNG/LPG Carrier, Reefer, Tanker, Product Carrier, Multi-Purpose Vessel, Pure Car Carrier, Special Carriers and others
By use: Crew Vessel, Platform Supply Vessel, Multi-Purpose Supply Vessel, Standby & Rescue Vessel, Anchor Handling Tug And Supply Vessel and others
By geography: North America, South America, Europe, Asia Pacific and ROW
Key Players of the Marine Engine Market:
The key players in the Marine Engine Market according to the IndustryARC research report are as follows:
• Caterpillar Inc. (U.S.)
• Mercury Marine (U.S.)
• GM Powertrain (Italy)
• Rolls Royce (U.K.)
• Wartsila Corporation (Finland)
The Marine Engine Market is a rapidly growing market with high utilization of man marine diesel engines, marine parts and inboard motor on ships and marine vessels for various end user industries such as oil and gas, transportation, travel, exploration and others. This market is expected to have high growth owing to the increasing investment of diesel engine parts and diesel motors for marine use, growing use of man marine engines and high R&D for inboard engine efficiency by companies in various regions across the globe during 2016-2021.
Request Sample Brochure @ http://industryarc.com/pdfdownload.php?id=15099
About IndustryARC:
IndustryARC is a Research and consulting firm that publishes more than 500 Reports Annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Media Contact
Contact Person: Sanjay Matthews
Email: sales@industryarc.com
Phone: 1-614-588-8538 (Ext: 101)
Company Name: IndustryARCTM
Connect with us on LinkedIn @ http://www.linkedin.com/company/industryarc
Get More Insights on Reports @ http://goo.gl/Ga7fq7

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market.

Company Name: IndustryARCTM,
Address: Plot No. S-1, Serial No. 1043 & 1048, Phase -1 & 2, Opp. BSNL Office, Kukatpally Housing Board Colony, Kukatpally, Hyderabad, Telangana 500072,
adithya.chennavaram@industryarc.com

This release was published on openPR.