Automotive and Transportation

Marine Propulsion Engine Market by Power Source (Diesel, Gas Turbine, Natural Gas, and Others {Steam Turbine, Renewable Energy, Hybrid, and Fuel Cell}) and Ship Type (Cargo or Container Ships, Tanker, Bulk Carrier, Offshore Vessel, Passenger Ships, and Others {Tugs & Service Ships}) - Global Opportunity Analysis and Industry Forecast, 2014-2022

  • ALL1053308
  • 180 Pages
  • January 2017
  • Automotive and Transportation

Marine propulsion engine is a machine that, creates thrust to move ships forward or backward. This system comprises sources of energy, engine, and propeller. The marine propulsion engine market is expected to witness robust growth during the forecast period. This is mainly due to various ongoing government investments in shipbuilding industry and waterways. Ships may integrate with one or more than one propulsion engines, depending on the size (gross tonnage) of ships. Moreover, in the early stage of marine propulsion, steam turbines were used; however, due to advancement in technology nowadays, diesel or alternative fuel engine and gas turbine have greater penetration.

Prominent market players invest significantly in R&D to enhance their technical expertise and product portfolio. For instance, in November 2016, Caterpillar launched C7.1, a six-cylinder, inline, four-stroke diesel marine propulsion engine with turbocharging and after-cooling.

The global marine propulsion market is driven by increase in production & sales of ships globally and rise in international seaborne trade. Rise in demand for resources such as crude oil, coal, steel, and iron from developing countries farther fuels the market growth. However, stringent environmental rules & regulations and huge capital investment required to set up new manufacturing facilities restrain the market growth. Irrespective of these challenges, rise in usage of inland waterways and advancement in technology, such as new alternative fuel propulsion engine, are expected to provide various opportunities for new products and boost the market growth.

The market is segmented based on power source, ship types, and geography. On the basis of power source, the market is divided into diesel, gas turbine, natural gas, and others (steam turbine, renewable energy, hybrid, and fuel cell). By ship types, the market is categorized into cargo & container, tanker, bulk carrier, offshore vessel, passenger ship, and others (tugs & service ships). Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Prominent players profiled in the report include Caterpillar, Cummins Inc., Rolls-Royce plc, Wärtsilä, MAN Diesel & Turbo, Hyundai Heavy Industries Co., Ltd., MITSUBISHI HEAVY INDUSTRIES, LTD., Scania, YANMAR CO., LTD., DAIHATSU DIESEL MFG.CO., LTD., Nigata Power Systems Co., Ltd., Fairbanks Morse Engine, Masson-Marine, and General Electric Company.


  • The report includes an extensive analysis of the factors that drive as well as restrain the global marine propulsion engine market.
  • The market projections from 2014 to 2022 are included along with the affecting factors.
  • The report also provides quantitative as well as qualitative trends to assist the stakeholders understand the situations prevailing in the market.
  • An in-depth analysis of key segments demonstrates stakeholders with different types of ships and different power sources.
  • Competitive intelligence highlights the business practices followed by leading market players across various geographies.



  • Diesel
  • Gas Turbine
  • Natural Gas
  • Others (Steam Turbine, Renewable Energy, Hybrid, and Fuel Cell)


  • Cargo or Container Ship
  • Tanker
  • Bulk Carrier
  • Offshore Vessel
  • Passenger Ship
  • Others (Tugs & Service Ships)


  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Romania
    • Italy
    • Norway
    • Rest of Europe
  • Asia-Pacific
    • China
    • South Korea
    • Japan
    • Rest of Asia-Pacific
    • Latin America
    • Middle East
    • Africa


  • Caterpillar
  • Cummins Inc.
  • Rolls-Royce Plc
  • Wärtsilä
  • MAN Diesel & Turbo
  • Hyundai Heavy Industries Co., Ltd.
  • Scania
  • Nigata Power Systems Co., Ltd.
  • Fairbanks Morse Engine
  • Masson-Marine
  • General Electric Company
Please Select Format

Enquiry About Report

Need More Information

Contact us
+ 1-800-910-6452
+91 20 66346066
--- or ---



Intelligent Transport System Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

Intelligent transportation system (ITS) is advanced application which aim to deliver innovative services relating to different modes of transport and traffic management. ITS enable users to be better informed and ...

April 2018| $4995 | Pre Book Price:$4371

Forklift Truck Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

Fork lift truck or fork truck is an industrial truck which is powered to lift and transport materials in warehouses, shipping depots, manufacturing and many others. After the World War ...

April 2018| $4995 | Pre Book Price:$4371

E-Commerce Logistics Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

E-commerce logistics have evolved substantially globally over the last few years. Customer preferences are changing by experiences they have made with innovative business areas. The new requirements primarily consist of ...

April 2018| $4995 | Pre Book Price:$4371

Automotive Turbocharger Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015- 2024

Automotive turbocharger market is expected to witness rapid growth in the coming years supported by its rising application in automotive sector. OEM and aftermarket are the main application areas where ...

April 2018| $4995 | Pre Book Price:$4371

World Automotive Camera & Camera Module Market - Opportunities and Forecasts, 2015 - 2020

Automotive camera is a camera installed at front side, rear side, or inside a vehicle for safety purposes. Camera modules contain image sensors that are coupled with electronics components in ...

April 2018| $5370 | Pre Book Price:$4699

World Composite Materials Market - Opportunities and Forecasts, 2015 - 2020

Composite materials are materials composed of two or more fibers and polymers. These materials enhance the efficiency of vehicle by reducing its overall weight. Composite materials reduce emission of greenhouse ...

April 2018| $5370 | Pre Book Price:$4699

2018 © Copyright Big Market Research

View Pricing >>