The increase can be attributed to factors such as the increase in international maritime transport, the growth of maritime tourism, and access to intelligent machines for awareness and protection.
By Power, the 5,001–10,000 hp division is the largest contributor to the marine engine market during the period.
The report divides the marine engine market, by electricity, up to 1,000 hp, 1001 – 5000 hp, 5,001 – 10,000 hp, 10,001 – 20,000 hp, and over 20,000 hp. The 5,001 – 10,000 hp division is expected to hold the largest segment of the market by 2024. The 5001-10,000 hp engine has a powerful engine, through application and market share, in value. These machines, usually high-speed engines, are used in applications such as plates, sailing vessels, shipping and other support vessels overseas, bus and rescue, chemical transport, body, defense. such as coa.
The marine engine market, by boat, is divided into commercial, domestic, and other commercial support. Market share is expected to maintain the largest market share and fastest-growing market with increasing international maritime trade which has increased sales volume, increasing the use of maritime machines. in commercial vessels. In addition, globalization has led to the exchange of consumer goods between countries around the world.
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Key Market Segments:
Key Market Players:
Hyundai Heavy Industries (South Korea), Caterpillar (US), MAN SE (Germany), Mitsubishi Heavy Industries (Japan) Volvo Group (Sweden), Rolls-Royce (UK), Wärtsilä (Finland), Cummins (US), GE Transportation (US), and DEUTZ AG (Germany).
On the basis of Power Range:
- Up to 1,000 hp
- 1,001 – 5,000 hp
- 5,001 – 10,000 hp
- 10,001 – 20,000 hp
- Above 20,000 hp
On the basis of Vessel:
- Offshore support
On the basis of Fuel:
- Heavy Fuel Oil
- Intermediate Fuel Oil
- Marine Diesel Oil
- Marine Gas Oil
On the basis of Engine:
On the basis of Type:
On the basis of Region:
- Asia Pacific
- North America
- Middle East & Africa
- South America
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The Pacific Ocean is expected to have the largest market size during the forecast period
In this report, the regional marine motors market in 5 regions, namely, North America, Europe, South America, Asia Pacific, and Central & Africa. The Asia Pacific market is considered to be the biggest market from 2019 to 2025. Countries like China, South Korea, and Japan are considered major manufacturing facilities for the machine. at sea. Also, the rise in maritime trade has resulted in a demand for shipping for ships that are used to transport goods to different parts of the world.
Table of Content:
Chapter 1 Global Application Marine Engines Market Overview
Chapter 2 Global Economic Impact on Application Marine Engines Industry
Chapter 3 Global Application Marine Engines Market Competition by Manufacturers
Chapter 4 Global Application Marine Engines Production, Revenue (Value) by Region (2012-2018)
Chapter 5 Global Application Marine Engines Supply (Production), Consumption, Export, Import by Regions (2012-2018)
Chapter 6 Global Application Marine Engines Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Application Marine Engines Market Analysis by Application
Chapter 8 Application Marine Engines Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Application Marine Engines Market Forecast (2018-2023)
Chapter 13 Appendix
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