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Marine Engines Market Share
- Report ID: GMI2572
- Published Date: Jul 2020
- Report Format: PDF
Marine Engines Market Share
The manufacturers are primarily focusing on mergers & acquisitions, new product launch, and R&D to achieve competitive advantage in the industry. Key players operating in the marine engines market include
- MAN Energy Solutions
- Duetz
- Shanghai Diesel Engine
- John Deere
- Volvo Penta
- Weichai
- Yanmar Holdings
- Wärtsila
- Brunswick
- Cummins
- Anglo Belgian Corporation
- Caterpillar
- Rolls Royce
- STX Engines
- Scania
- Yamaha
- IHI
Frequently Asked Questions (FAQ) :
The overall marine engines industry is anticipated to acquire a revenue share of USD 8.8 bn by the end of 2026.
< 1,000 HP marine engines will be the products of choice for stakeholders, as they fulfil the massive capacity requirement of merchant ships. < 1,000 HP segment may register 4.1% CAGR through 2026.
Two-stroke marine engines business is expected to witness 5.1% CAGR through 2026, propelled by the myriad technological developments in tandem with enhanced operational efficiency of these engines.
Marine engines will be extremely popular in the UAE, which in 2019 held more than 14% of the Middle East marine engines market share owing to rising number of production and exploration activities.
Marine Engines Market Scope
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