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Marine Diesel Engine Market Size
- Report ID: GMI158
- Published Date: Apr 2023
- Report Format: PDF
Marine Diesel Engine Market Size
Marine Diesel Engine Market size surpassed USD 5 billion in 2023 and is anticipated to witness 4.8% CAGR from 2024 to 2032, backed by the continuously increasing seaborne trade activities due to the ongoing developments across emerging economies.
In recent years, the rapidly expanding world population has resulted in the rising import and export of merchandise as well as commodities, such as ores, crude oil, and minerals, further complimenting the popularity of seaborne trade. The growing focus on industrial developments through improved trade integration, manufacturing growth, and regional economic integration will further bolster the adoption of marine diesel engines.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Marine Diesel Engine Market Size in 2023: | USD 5 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 4.8% |
| 2032 Value Projection: | USD 7.6 Billion |
| Historical Data for: | 2019 to 2023 |
| No. of Pages: | 700 |
| Tables, Charts & Figures: | 1,278 |
| Segments covered: | Technology, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Marine Diesel Engine Market Scope
