Press release
Global Marine Auxiliary Engine Market to grow at a CAGR of 2.96% during the period 2017-2021
The objectives of this study are as follows:
To define, describe, and forecast the "Marine Auxiliary Engine" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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About Marine Auxiliary Engine
Marine auxiliary engines are used for generating electricity to power electronic devices and equipment on board marine vessels, whereas the main diesel engine is used for propulsion of the ship. Initially, steam turbines were used for marine propulsion, later they were replaced by diesel, Liquefied Natural Gas (LNG), nuclear, and other fuels.
Technavios analysts forecast the global marine auxiliary engine market to grow at a CAGR of 2.96% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global marine auxiliary engine market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of marine auxiliary engines.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Marine Auxiliary Engine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Caterpillar
Cummins
Doosan Infracore
Wrtsil
Yanmar
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Other prominent vendors
Volvo Penta
Daihatsu
SCANIA
Megatech Power
John Deere
Kubota
GE
MTU
Perkins
Mitsubishi Heavy Industries
Market driver
Energy demand fueling growth of FPSO vessels
For a full, detailed list, view our report
Market challenge
Stringent emission regulations
For a full, detailed list, view our report
Market trend
Emergence of turbochargers in marine auxiliary engines
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
Market overview
Market size
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market segmentation by end-user
Market overview
Commercial ships
Leisure ships
PART 07: Geographical segmentation
Market overview
APAC
Americas
EMEA
PART 08: Market drivers
Increase in seaborne trade
Energy demand fueling growth of FPSO vessels
Growth in LNG carriers driving demand for dual-fuel auxiliary engine
PART 09: Impact of drivers
PART 10: Market challenges
Stringent emission regulations
Threat from shaft generators
Slowdown in Chinese economy
PART 11: Impact of drivers and challenges
PART 12: Market trends
Emergence of turbochargers in marine auxiliary engines
Waste heat recovery system in vessels
Replacement of old ships
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PART 13: Vendor landscape
Competitive landscape
Other prominent vendors
PART 14: Key vendor analysis
Caterpillar
Cummins
Doosan Infracore
Wrtsil
Yanmar
PART 15: Appendix
List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Market size estimation
Exhibit 02: Global marine auxiliary engine market by end-user
Exhibit 03: Key countries in each region
Exhibit 04: Product offerings
Exhibit 05: Global marine auxiliary engine market by end-user
Exhibit 06: Global marine auxiliary engine market value 2016-2021
Exhibit 07: Global marine auxiliary engine market by geography
Exhibit 08: Global marine auxiliary engine market value 2016-2021
Exhibit 09: Overview of global marine auxiliary engine market
Exhibit 10: Expected growth factors for new shipbuilding orders
Exhibit 11: Global marine auxiliary engine market 2016-2021 ($ billions)
Exhibit 12: Five forces analysis
Exhibit 13: Global marine auxiliary engine market by end-user 2016 and 2021
Exhibit 14: Global marine auxiliary engine market by commercial ships 2016-2021 ($ billions)
Exhibit 15: Global marine auxiliary engine market by leisure ships 2016-2021 ($ billions)
Exhibit 16: Global marine auxiliary engine market by region 2016 and 2021
Exhibit 17: Marine auxiliary engine market in APAC 2016-2021 ($ billions)
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