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Global Marine Engine Propulsion Market Research Report 2025
Synopsis
Marine Propulsion Engines are used to generate thrust to move a ship or boat across water.
Global Marine Engine Propulsion market is projected to reach US$ 12430 million in 2029, increasing from US$ 9994 million in 2022, with the CAGR of 3.1% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Marine Engine Propulsion market research.
Global Marine Propulsion Engines key players include Wärtsilä, MAN Energy Solutions, Rolls Royce, Mitsubishi Heavy Industries, Caterpillar etc. Global top five manufacturers hold a share over 45%.
Europe is the largest market, with a share over 20%, followed by Asia (Excluding China) and North America, both have a share over 40% percent.
In terms of product, Diesel Engine is the largest segment, with a share over 62%. And in terms of application, the largest application is Working Vessel followed by Transport Vessel.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Marine Engine Propulsion market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
ABB
ZF Friedrichshafen AG
Alpatek B.V.
Niigata Power Systems
Masson Marine
Poseidon Propulsion BV
C.M.T
ERIS PROPELLERS
Thrustmaster of Texas
Fountom Marine
VETH PROPULSION
Fischer Panda
Hydro Armor
Rolls-Royce
Dutch Thrustleader Marine Propulsion
Wartsila Corporation
Schottel
Jastram
Segment by Type
Propeller
Water Jet
Special Thrusters
Segment by Application
Yacht
Sailing
Tug
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Marine Engine Propulsion report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Marine Propulsion Engines are used to generate thrust to move a ship or boat across water.
Global Marine Engine Propulsion market is projected to reach US$ 12430 million in 2029, increasing from US$ 9994 million in 2022, with the CAGR of 3.1% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Marine Engine Propulsion market research.
Global Marine Propulsion Engines key players include Wärtsilä, MAN Energy Solutions, Rolls Royce, Mitsubishi Heavy Industries, Caterpillar etc. Global top five manufacturers hold a share over 45%.
Europe is the largest market, with a share over 20%, followed by Asia (Excluding China) and North America, both have a share over 40% percent.
In terms of product, Diesel Engine is the largest segment, with a share over 62%. And in terms of application, the largest application is Working Vessel followed by Transport Vessel.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Marine Engine Propulsion market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
ABB
ZF Friedrichshafen AG
Alpatek B.V.
Niigata Power Systems
Masson Marine
Poseidon Propulsion BV
C.M.T
ERIS PROPELLERS
Thrustmaster of Texas
Fountom Marine
VETH PROPULSION
Fischer Panda
Hydro Armor
Rolls-Royce
Dutch Thrustleader Marine Propulsion
Wartsila Corporation
Schottel
Jastram
Segment by Type
Propeller
Water Jet
Special Thrusters
Segment by Application
Yacht
Sailing
Tug
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Marine Engine Propulsion report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 Marine Engine Propulsion Market Overview
1.1 Product Definition
1.2 Marine Engine Propulsion Segment by Type
1.2.1 Global Marine Engine Propulsion Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Propeller
1.2.3 Water Jet
1.2.4 Special Thrusters
1.3 Marine Engine Propulsion Segment by Application
1.3.1 Global Marine Engine Propulsion Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Yacht
1.3.3 Sailing
1.3.4 Tug
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Marine Engine Propulsion Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Marine Engine Propulsion Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Marine Engine Propulsion Production Estimates and Forecasts (2018-2029)
1.4.4 Global Marine Engine Propulsion Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Marine Engine Propulsion Production Market Share by Manufacturers (2018-2023)
2.2 Global Marine Engine Propulsion Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Marine Engine Propulsion, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Marine Engine Propulsion Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Marine Engine Propulsion Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Marine Engine Propulsion, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Marine Engine Propulsion, Product Offered and Application
2.8 Global Key Manufacturers of Marine Engine Propulsion, Date of Enter into This Industry
2.9 Marine Engine Propulsion Market Competitive Situation and Trends
2.9.1 Marine Engine Propulsion Market Concentration Rate
2.9.2 Global 5 and 10 Largest Marine Engine Propulsion Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Marine Engine Propulsion Production by Region
3.1 Global Marine Engine Propulsion Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Marine Engine Propulsion Production Value by Region (2018-2029)
3.2.1 Global Marine Engine Propulsion Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Marine Engine Propulsion by Region (2024-2029)
3.3 Global Marine Engine Propulsion Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Marine Engine Propulsion Production by Region (2018-2029)
3.4.1 Global Marine Engine Propulsion Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Marine Engine Propulsion by Region (2024-2029)
3.5 Global Marine Engine Propulsion Market Price Analysis by Region (2018-2023)
3.6 Global Marine Engine Propulsion Production and Value, Year-over-Year Growth
3.6.1 North America Marine Engine Propulsion Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Marine Engine Propulsion Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Marine Engine Propulsion Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Marine Engine Propulsion Production Value Estimates and Forecasts (2018-2029)
3.6.5 South Korea Marine Engine Propulsion Production Value Estimates and Forecasts (2018-2029)
3.6.6 India Marine Engine Propulsion Production Value Estimates and Forecasts (2018-2029)
4 Marine Engine Propulsion Consumption by Region
4.1 Global Marine Engine Propulsion Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Marine Engine Propulsion Consumption by Region (2018-2029)
4.2.1 Global Marine Engine Propulsion Consumption by Region (2018-2023)
4.2.2 Global Marine Engine Propulsion Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Marine Engine Propulsion Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Marine Engine Propulsion Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Marine Engine Propulsion Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Marine Engine Propulsion Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Marine Engine Propulsion Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Marine Engine Propulsion Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Marine Engine Propulsion Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Marine Engine Propulsion Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Marine Engine Propulsion Production by Type (2018-2029)
5.1.1 Global Marine Engine Propulsion Production by Type (2018-2023)
5.1.2 Global Marine Engine Propulsion Production by Type (2024-2029)
5.1.3 Global Marine Engine Propulsion Production Market Share by Type (2018-2029)
5.2 Global Marine Engine Propulsion Production Value by Type (2018-2029)
5.2.1 Global Marine Engine Propulsion Production Value by Type (2018-2023)
5.2.2 Global Marine Engine Propulsion Production Value by Type (2024-2029)
5.2.3 Global Marine Engine Propulsion Production Value Market Share by Type (2018-2029)
5.3 Global Marine Engine Propulsion Price by Type (2018-2029)
6 Segment by Application
6.1 Global Marine Engine Propulsion Production by Application (2018-2029)
6.1.1 Global Marine Engine Propulsion Production by Application (2018-2023)
6.1.2 Global Marine Engine Propulsion Production by Application (2024-2029)
6.1.3 Global Marine Engine Propulsion Production Market Share by Application (2018-2029)
6.2 Global Marine Engine Propulsion Production Value by Application (2018-2029)
6.2.1 Global Marine Engine Propulsion Production Value by Application (2018-2023)
6.2.2 Global Marine Engine Propulsion Production Value by Application (2024-2029)
6.2.3 Global Marine Engine Propulsion Production Value Market Share by Application (2018-2029)
6.3 Global Marine Engine Propulsion Price by Application (2018-2029)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Marine Engine Propulsion Corporation Information
7.1.2 ABB Marine Engine Propulsion Product Portfolio
7.1.3 ABB Marine Engine Propulsion Production, Value, Price and Gross Margin (2018-2023)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 ZF Friedrichshafen AG
7.2.1 ZF Friedrichshafen AG Marine Engine Propulsion Corporation Information
7.2.2 ZF Friedrichshafen AG Marine Engine Propulsion Product Portfolio
7.2.3 ZF Friedrichshafen AG Marine Engine Propulsion Production, Value, Price and Gross Margin (2018-2023)
7.2.4 ZF Friedrichshafen AG Main Business and Markets Served
7.2.5 ZF Friedrichshafen AG Recent Developments/Updates
7.3 Alpatek B.V.
7.3.1 Alpatek B.V. Marine Engine Propulsion Corporation Information
7.3.2 Alpatek B.V. Marine Engine Propulsion Product Portfolio
7.3.3 Alpatek B.V. Marine Engine Propulsion Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Alpatek B.V. Main Business and Markets Served
7.3.5 Alpatek B.V. Recent Developments/Updates
7.4 Niigata Power Systems
7.4.1 Niigata Power Systems Marine Engine Propulsion Corporation Information
7.4.2 Niigata Power Systems Marine Engine Propulsion Product Portfolio
7.4.3 Niigata Power Systems Marine Engine Propulsion Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Niigata Power Systems Main Business and Markets Served
7.4.5 Niigata Power Systems Recent Developments/Updates
7.5 Masson Marine
7.5.1 Masson Marine Marine Engine Propulsion Corporation Information
7.5.2 Masson Marine Marine Engine Propulsion Product Portfolio
7.5.3 Masson Marine Marine Engine Propulsion Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Masson Marine Main Business and Markets Served
7.5.5 Masson Marine Recent Developments/Updates
7.6 Poseidon Propulsion BV
7.6.1 Poseidon Propulsion BV Marine Engine Propulsion Corporation Information
7.6.2 Poseidon Propulsion BV Marine Engine Propulsion Product Portfolio
7.6.3 Poseidon Propulsion BV Marine Engine Propulsion Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Poseidon Propulsion BV Main Business and Markets Served
7.6.5 Poseidon Propulsion BV Recent Developments/Updates
7.7 C.M.T
7.7.1 C.M.T Marine Engine Propulsion Corporation Information
7.7.2 C.M.T Marine Engine Propulsion Product Portfolio
7.7.3 C.M.T Marine Engine Propulsion Production, Value, Price and Gross Margin (2018-2023)
7.7.4 C.M.T Main Business and Markets Served
7.7.5 C.M.T Recent Developments/Updates
7.8 ERIS PROPELLERS
7.8.1 ERIS PROPELLERS Marine Engine Propulsion Corporation Information
7.8.2 ERIS PROPELLERS Marine Engine Propulsion Product Portfolio
7.8.3 ERIS PROPELLERS Marine Engine Propulsion Production, Value, Price and Gross Margin (2018-2023)
7.8.4 ERIS PROPELLERS Main Business and Markets Served
7.7.5 ERIS PROPELLERS Recent Developments/Updates
7.9 Thrustmaster of Texas
7.9.1 Thrustmaster of Texas Marine Engine Propulsion Corporation Information
7.9.2 Thrustmaster of Texas Marine Engine Propulsion Product Portfolio
7.9.3 Thrustmaster of Texas Marine Engine Propulsion Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Thrustmaster of Texas Main Business and Markets Served
7.9.5 Thrustmaster of Texas Recent Developments/Updates
7.10 Fountom Marine
7.10.1 Fountom Marine Marine Engine Propulsion Corporation Information
7.10.2 Fountom Marine Marine Engine Propulsion Product Portfolio
7.10.3 Fountom Marine Marine Engine Propulsion Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Fountom Marine Main Business and Markets Served
7.10.5 Fountom Marine Recent Developments/Updates
7.11 VETH PROPULSION
7.11.1 VETH PROPULSION Marine Engine Propulsion Corporation Information
7.11.2 VETH PROPULSION Marine Engine Propulsion Product Portfolio
7.11.3 VETH PROPULSION Marine Engine Propulsion Production, Value, Price and Gross Margin (2018-2023)
7.11.4 VETH PROPULSION Main Business and Markets Served
7.11.5 VETH PROPULSION Recent Developments/Updates
7.12 Fischer Panda
7.12.1 Fischer Panda Marine Engine Propulsion Corporation Information
7.12.2 Fischer Panda Marine Engine Propulsion Product Portfolio
7.12.3 Fischer Panda Marine Engine Propulsion Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Fischer Panda Main Business and Markets Served
7.12.5 Fischer Panda Recent Developments/Updates
7.13 Hydro Armor
7.13.1 Hydro Armor Marine Engine Propulsion Corporation Information
7.13.2 Hydro Armor Marine Engine Propulsion Product Portfolio
7.13.3 Hydro Armor Marine Engine Propulsion Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Hydro Armor Main Business and Markets Served
7.13.5 Hydro Armor Recent Developments/Updates
7.14 Rolls-Royce
7.14.1 Rolls-Royce Marine Engine Propulsion Corporation Information
7.14.2 Rolls-Royce Marine Engine Propulsion Product Portfolio
7.14.3 Rolls-Royce Marine Engine Propulsion Production, Value, Price and Gross Margin (2018-2023)
7.14.4 Rolls-Royce Main Business and Markets Served
7.14.5 Rolls-Royce Recent Developments/Updates
7.15 Dutch Thrustleader Marine Propulsion
7.15.1 Dutch Thrustleader Marine Propulsion Marine Engine Propulsion Corporation Information
7.15.2 Dutch Thrustleader Marine Propulsion Marine Engine Propulsion Product Portfolio
7.15.3 Dutch Thrustleader Marine Propulsion Marine Engine Propulsion Production, Value, Price and Gross Margin (2018-2023)
7.15.4 Dutch Thrustleader Marine Propulsion Main Business and Markets Served
7.15.5 Dutch Thrustleader Marine Propulsion Recent Developments/Updates
7.16 Wartsila Corporation
7.16.1 Wartsila Corporation Marine Engine Propulsion Corporation Information
7.16.2 Wartsila Corporation Marine Engine Propulsion Product Portfolio
7.16.3 Wartsila Corporation Marine Engine Propulsion Production, Value, Price and Gross Margin (2018-2023)
7.16.4 Wartsila Corporation Main Business and Markets Served
7.16.5 Wartsila Corporation Recent Developments/Updates
7.17 Schottel
7.17.1 Schottel Marine Engine Propulsion Corporation Information
7.17.2 Schottel Marine Engine Propulsion Product Portfolio
7.17.3 Schottel Marine Engine Propulsion Production, Value, Price and Gross Margin (2018-2023)
7.17.4 Schottel Main Business and Markets Served
7.17.5 Schottel Recent Developments/Updates
7.18 Jastram
7.18.1 Jastram Marine Engine Propulsion Corporation Information
7.18.2 Jastram Marine Engine Propulsion Product Portfolio
7.18.3 Jastram Marine Engine Propulsion Production, Value, Price and Gross Margin (2018-2023)
7.18.4 Jastram Main Business and Markets Served
7.18.5 Jastram Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Marine Engine Propulsion Industry Chain Analysis
8.2 Marine Engine Propulsion Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Marine Engine Propulsion Production Mode & Process
8.4 Marine Engine Propulsion Sales and Marketing
8.4.1 Marine Engine Propulsion Sales Channels
8.4.2 Marine Engine Propulsion Distributors
8.5 Marine Engine Propulsion Customers
9 Marine Engine Propulsion Market Dynamics
9.1 Marine Engine Propulsion Industry Trends
9.2 Marine Engine Propulsion Market Drivers
9.3 Marine Engine Propulsion Market Challenges
9.4 Marine Engine Propulsion Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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