Marine Hybrid Propulsion Market by Power Sorurce and Ship Type - Global Industry Analysis and Forecast To 2023

2018-05-30 / 3800.00 / Automotive / 97 Pages

Description

Industry Trend Analysis

The global Marine Hybrid Propulsion Market was worth USD 2.68 billion in 2014 and is expected to reach approximately USD 5.73 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 8.79% during the forecast period. Marine propulsion engines are a machine that consumes fuel to produce thrust, which encourages boats to move crosswise over water. The marine drive motor market is foreseen to witness hearty development amid the conjecture time frame attributable to different continuous government interests in shipbuilding industry and inland waterways. Ships are coordinated with more than one propulsion engines, contingent upon their size (net tonnage). Also, in the beginning period of marine propulsion, steam turbines were made use of; nonetheless, because of enhancement in technology, diesel or elective fuel engine and gas turbine have significant infiltration.

Power Source Outlook and Trend Analysis

On the basis of power source the market is segmented into gas turbine, diesel, natural gas, and others (steam turbine, renewable energy, hybrid, and fuel cell). Diesel propulsion system is the most widely recognized marine propulsion system useful as a part of a wide range of vessel alongside little and recreational water crafts. Also, diesel marine propulsion system drove the general market, representing 70% out of 2015. This is ascribed to its advantages, for example, low support cost, temperate nature, high dependability, and simple accessibility of diesel all inclusive.

Ship Type Outlook and Trend Analysis

By ship types, the market is segmented into tanker, cargo & container, offshore vessel, bulk carrier, passenger ship, and others (tugs & service ships). Rising sales and production of ships around the globe and ascend in worldwide seaborne exchange drive the market development. Additionally, rising demand for assets, for example, steel, crude oil, coal and iron from creating nations powers the market development. However, stringent natural tenets and controls and vast capital speculation required to set up new assembling offices hamper the market development.

Regional Outlook and Trend Analysis

Asia-Pacific is the most lucrative marine propulsion engine market, attributable to increment in shipbuilding businesses in China and South Korea and development in number of joint endeavors with worldwide brands. In addition, ascend in seaborne exchange of crude oil for the most part from Middle East nations to Asia-Pacific is another factor that drives the Asia-Pacific marine propulsion engine market.

Competitive Insights

The leading players in the market are Hyundai Heavy Industries, MAN Diesel & Turbo, Niigata Power Systems, Yanmar, Caterpillar Inc, Mitsubishi Heavy Industries Ltd, General Electric Company and Rolls-Royce Holdings plc. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The Marine Hybrid Propulsion Market is segmented as follows-

By Power Source:


Gas Turbine
Diesel
Natural Gas
Others


By Ship Type:


Tanker
Bulk Carrier
Passenger Ship
Cargo or Container Ship
Offshore Vessel
Others


By Region


North America



U.S
Canada
Mexico



Europe



Germany
France
UK
Italy
Spain
Rest of Europe



Asia-Pacific



Japan
China
Australia
India
South Korea
Rest of Asia Pacific



Rest of the World



Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others


Some of the key questions answered by the report are:


What was the market size in 2014 and forecast from 2015 to 2023`
What will be the industry market growth from 2015 to 2023`
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast`
What are the major segments leading the market growth and why`
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition`

Table of Content

Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Growth in International Seaborne Trade
3.2.1.2. Rising Production and Sales of Ships Globally
3.2.2. Restraints
3.2.2.1. Strict Environmental Rules & Regulations
3.2.3. Opportunities
4. Marine Hybrid Propulsion Market, By Power Source
4.1. Introduction
4.2. Marine Hybrid Propulsion Market Assessment and Forecast, By Power Source, 2014-2023
4.3. Gas Turbine
4.3.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.4. Diesel
4.4.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.5. Natural Gas
4.5.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.6. Other Power Sources
4.6.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5. Marine Hybrid Propulsion Market, By Ship Type
5.1. Introduction
5.2. The Marine Hybrid Propulsion Market Assessment and Forecast, By Ship Type, 2014-2023
5.3. Bulk Carrier
5.3.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.4. Passenger Ship
5.4.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.5. Tanker
5.5.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.6. Cargo or Container Ship
5.6.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.7. Offshore Vessel
5.7.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
6. Marine Hybrid Propulsion Market, By Region
6.1. Introduction
6.2. Marine Hybrid Propulsion Market Assessment and Forecast, By Region, 2014-2023 ($Million)
6.3. North America
6.3.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
6.3.2. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.3.3. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.3.4. U.S.
6.3.4.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.3.4.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.3.5. Canada
6.3.5.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.3.5.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.3.6. Mexico
6.3.6.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.3.6.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.4. Europe
6.4.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
6.4.2. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.4.3. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.4.4. Germany
6.4.4.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.4.4.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.4.5. France
6.4.5.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.4.5.2. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.4.6. UK
6.4.6.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.4.6.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.4.7. Italy
6.4.7.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.4.7.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.4.8. Spain
6.4.8.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.4.8.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.4.9. Rest of Europe
6.4.9.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.4.9.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.5. Asia-Pacific
6.5.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
6.5.2. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.5.3. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.5.4. Japan
6.5.4.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.5.4.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.5.5. China
6.5.5.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.5.5.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.5.6. Australia
6.5.6.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.5.6.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.5.7. India
6.5.7.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.5.7.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.5.8. South Korea
6.5.8.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.5.8.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.5.9. Rest of Asia-Pacific
6.5.9.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.5.9.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.6. Rest of the World
6.6.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
6.6.2. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.6.3. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.6.4. Brazil
6.6.4.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.6.4.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.6.5. Turkey
6.6.5.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.6.5.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.6.6. Saudi Arabia
6.6.6.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.6.6.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.6.7. South Africa
6.6.7.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.6.7.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.6.8. United Arab Emirates
6.6.8.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.6.8.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
6.6.9. Others
6.6.9.1. Market Assessment and Forecast, By Power Source, 2014-2023 ($Million)
6.6.9.2. Market Assessment and Forecast, By Ship Type, 2014-2023 ($Million)
7. Company Profiles
7.1. Cummins Inc.
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Key Financials
7.1.4. Strategic Developments
7.2. Hyundai Heavy Industries Co., Ltd
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Strategic Developments
7.3. Mitsubishi Heavy Industries, Ltd.
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Key Financials
7.3.4. Strategic Developments
7.4. Caterpillar
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.5. Daihatsu Diesel Mfg. Co., Ltd.
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.6. Rolls-Royce Plc
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.7. Scania
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments


Table of Figures

Table: Global Marine Hybrid Propulsion Market, By Power Source ($Million), 2014-2023

Table: Gas Turbine Market, By Region ($Million), 2014-2023

Table: Diesel Market, By Region ($Million), 2014-2023

Table: Natural Gas Market, By Region ($Million), 2014-2023

Table: Other Power Sources Market, By Region ($Million), 2014-2023

Table: Global Marine Hybrid Propulsion Market, By Ship Type ($Million), 2014-2023

Table: Bulk Carrier Market, By Region ($Million), 2014-2023

Table: Passenger Ship Market, By Region ($Million), 2014-2023

Table: Tanker Market, By Region ($Million), 2014-2023

Table: Cargo or Container Ship Market, By Region ($Million), 2014-2023

Table: Offshore Vessel Market, By Region ($Million), 2014-2023

Table: Global Marine Hybrid Propulsion Market, By Region ($Million), 2014-2023

Table: North America Marine Hybrid Propulsion Market, By Country, 2014-2023 ($Million)

Table: North America Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: North America Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: U.S. Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: U.S. Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: Canada Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: Canada Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: Mexico Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: Mexico Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: Europe Marine Hybrid Propulsion Market, By Country, 2014-2023 ($Million)

Table: Europe Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: Europe Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: Germany Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: Germany Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: France Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: France Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: UK Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: UK Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: Italy Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: Italy Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: Spain Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: Spain Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: Rest of Europe Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: Rest of Europe Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: Asia-Pacific Marine Hybrid Propulsion Market, By Country, 2014-2023 ($Million)

Table: Asia-Pacific Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: .Asia-Pacific Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: Japan Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: Japan Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: China Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: China Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: Australia Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: Australia Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: India Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: India Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: South Korea Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: South Korea Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: Rest of Asia-Pacific Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: Rest of Asia-Pacific Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: Rest of the World Marine Hybrid Propulsion Market, By Country, 2014-2023 ($Million)

Table: Rest of the World Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: Rest of the World Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: Brazil Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: Brazil Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: Turkey Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: Turkey Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: Saudi Arabia Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: Saudi Arabia Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: South Africa Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: South Africa Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: United Arab Emirates Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: United Arab Emirates Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: Others Marine Hybrid Propulsion Market, By Power Source, 2014-2023 ($Million)

Table: Others Marine Hybrid Propulsion Market, By Ship Type, 2014-2023 ($Million)

Table: Cummins Inc.: Key Strategic Developments, 2015-2017

Table: Hyundai Heavy Industries Co., Ltd: Key Strategic Developments, 2015-2017

Table: Mitsubishi Heavy Industries, Ltd.: Key Strategic Developments, 2015-2017

Table: Caterpillar: Key Strategic Developments, 2015-2017

Table: Daihatsu Diesel Mfg. Co., Ltd.: Key Strategic Developments, 2015-2017

Table: Rolls-Royce Plc: Key Strategic Developments, 2015-2017

Table: Scania: Key Strategic Developments, 2015-2017

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