Planet Market Reports has added a report, titled, “Global Marine Engines Outlook, For Outdoor Power Market Forecast to 2023.”
Planet Market Reports projects that the Marine Engines market size will grow from USD 11.65 Billion in 2017 to USD 14.66 Billion by 2023, at an estimated CAGR of 3.89%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The growth will be mainly driven by increased commercial vessels and rise in ship-building activity.Marine engines are used in various vessel types such as commercial vessels, offshore support vessels and other vessel types. The report indicated that high demand for commercial vessels will drive the growth in the marine engines market. The report further sub-segments commercial vessels into bulkers, container ships, cargo vessels, LNG carriers, LPG carriers, pure car carriers, chemical carriers among other commercial vessel types. The high demand for commercial vessels will be bolstered by rise in maritime trade and increased world-wide demand for natural gas.
By Market Players
Caterpillar, Inc. , Man Diesel & Turbo Se , Wartsila, Mitsubishi Heavy Industries , Rolls-Royce Power Systems AG , Brunswick Corporation , Volvo Group , Cummins, Inc. , GE Transportation , Yanmar Co., Ltd. , Scania AB , John Deere , Daihatsu Diesel MFG. Co. Ltd. , Dresser-Rand , Deutz AG, ,
By Power
Up to 1,000 HP , 1,001 HP to 5,000 HP , 5,001 HP to 10,000 HP , 10,001 HP to 20,000 HP , Above 20,000 HP
By Application
Commercial Vessels , Offshore Support Vessels , Other Vessels , ,
By Fuel
Heavy Fuel Oil , Intermediate Fuel Oil , Marine Diesel Oil , Marine Gas Oil , Other Fuels
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
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Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, By Type, By Application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
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