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Global Marine Propulsion Systems Market Research Report 2025
Synopsis
The global Marine Propulsion Systems market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Marine Propulsion Systems is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Marine Propulsion Systems is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Marine Propulsion Systems include Cummins Engines, Caterpillar, Daihatsu Diesel, Fairbanks Morse Engine, GE, Hyundai Heavy Industries, MAN Diesel & Turbo, Masson-Marine and Mitsubishi Heavy Industries, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Marine Propulsion Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Marine Propulsion Systems.
Report Scope
The Marine Propulsion Systems market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Marine Propulsion Systems market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Marine Propulsion Systems manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Cummins Engines
Caterpillar
Daihatsu Diesel
Fairbanks Morse Engine
GE
Hyundai Heavy Industries
MAN Diesel & Turbo
Masson-Marine
Mitsubishi Heavy Industries
Nigata Power Systems
Rolls-Royce
YANMAR Diesel
Wartsila
Segment by Type
Diesel Propulsion
Wind Propulsion
Nuclear Propulsion
Gas Turbine Propulsion
Fuel Cell Propulsion
Segment by Application
Bulk Carriers
Container Ships
Passenger Ships
Barges
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
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
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Marine Propulsion Systems manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Marine Propulsion Systems by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Marine Propulsion Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The global Marine Propulsion Systems market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Marine Propulsion Systems is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Marine Propulsion Systems is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Marine Propulsion Systems include Cummins Engines, Caterpillar, Daihatsu Diesel, Fairbanks Morse Engine, GE, Hyundai Heavy Industries, MAN Diesel & Turbo, Masson-Marine and Mitsubishi Heavy Industries, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Marine Propulsion Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Marine Propulsion Systems.
Report Scope
The Marine Propulsion Systems market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Marine Propulsion Systems market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Marine Propulsion Systems manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Cummins Engines
Caterpillar
Daihatsu Diesel
Fairbanks Morse Engine
GE
Hyundai Heavy Industries
MAN Diesel & Turbo
Masson-Marine
Mitsubishi Heavy Industries
Nigata Power Systems
Rolls-Royce
YANMAR Diesel
Wartsila
Segment by Type
Diesel Propulsion
Wind Propulsion
Nuclear Propulsion
Gas Turbine Propulsion
Fuel Cell Propulsion
Segment by Application
Bulk Carriers
Container Ships
Passenger Ships
Barges
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
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
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Marine Propulsion Systems manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Marine Propulsion Systems by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Marine Propulsion Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Marine Propulsion Systems Market Overview
1.1 Product Definition
1.2 Marine Propulsion Systems Segment by Type
1.2.1 Global Marine Propulsion Systems Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Diesel Propulsion
1.2.3 Wind Propulsion
1.2.4 Nuclear Propulsion
1.2.5 Gas Turbine Propulsion
1.2.6 Fuel Cell Propulsion
1.3 Marine Propulsion Systems Segment by Application
1.3.1 Global Marine Propulsion Systems Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Bulk Carriers
1.3.3 Container Ships
1.3.4 Passenger Ships
1.3.5 Barges
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Marine Propulsion Systems Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Marine Propulsion Systems Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Marine Propulsion Systems Production Estimates and Forecasts (2019-2030)
1.4.4 Global Marine Propulsion Systems Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Marine Propulsion Systems Production Market Share by Manufacturers (2019-2024)
2.2 Global Marine Propulsion Systems Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Marine Propulsion Systems, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Marine Propulsion Systems Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Marine Propulsion Systems Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Marine Propulsion Systems, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Marine Propulsion Systems, Product Offered and Application
2.8 Global Key Manufacturers of Marine Propulsion Systems, Date of Enter into This Industry
2.9 Marine Propulsion Systems Market Competitive Situation and Trends
2.9.1 Marine Propulsion Systems Market Concentration Rate
2.9.2 Global 5 and 10 Largest Marine Propulsion Systems Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Marine Propulsion Systems Production by Region
3.1 Global Marine Propulsion Systems Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Marine Propulsion Systems Production Value by Region (2019-2030)
3.2.1 Global Marine Propulsion Systems Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Marine Propulsion Systems by Region (2025-2030)
3.3 Global Marine Propulsion Systems Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Marine Propulsion Systems Production by Region (2019-2030)
3.4.1 Global Marine Propulsion Systems Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Marine Propulsion Systems by Region (2025-2030)
3.5 Global Marine Propulsion Systems Market Price Analysis by Region (2019-2024)
3.6 Global Marine Propulsion Systems Production and Value, Year-over-Year Growth
3.6.1 North America Marine Propulsion Systems Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Marine Propulsion Systems Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Marine Propulsion Systems Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Marine Propulsion Systems Production Value Estimates and Forecasts (2019-2030)
4 Marine Propulsion Systems Consumption by Region
4.1 Global Marine Propulsion Systems Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Marine Propulsion Systems Consumption by Region (2019-2030)
4.2.1 Global Marine Propulsion Systems Consumption by Region (2019-2024)
4.2.2 Global Marine Propulsion Systems Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Marine Propulsion Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Marine Propulsion Systems Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Marine Propulsion Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Marine Propulsion Systems Consumption by Country (2019-2030)
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 Propulsion Systems Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Marine Propulsion Systems Consumption by Region (2019-2030)
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 Propulsion Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Marine Propulsion Systems Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Marine Propulsion Systems Production by Type (2019-2030)
5.1.1 Global Marine Propulsion Systems Production by Type (2019-2024)
5.1.2 Global Marine Propulsion Systems Production by Type (2025-2030)
5.1.3 Global Marine Propulsion Systems Production Market Share by Type (2019-2030)
5.2 Global Marine Propulsion Systems Production Value by Type (2019-2030)
5.2.1 Global Marine Propulsion Systems Production Value by Type (2019-2024)
5.2.2 Global Marine Propulsion Systems Production Value by Type (2025-2030)
5.2.3 Global Marine Propulsion Systems Production Value Market Share by Type (2019-2030)
5.3 Global Marine Propulsion Systems Price by Type (2019-2030)
6 Segment by Application
6.1 Global Marine Propulsion Systems Production by Application (2019-2030)
6.1.1 Global Marine Propulsion Systems Production by Application (2019-2024)
6.1.2 Global Marine Propulsion Systems Production by Application (2025-2030)
6.1.3 Global Marine Propulsion Systems Production Market Share by Application (2019-2030)
6.2 Global Marine Propulsion Systems Production Value by Application (2019-2030)
6.2.1 Global Marine Propulsion Systems Production Value by Application (2019-2024)
6.2.2 Global Marine Propulsion Systems Production Value by Application (2025-2030)
6.2.3 Global Marine Propulsion Systems Production Value Market Share by Application (2019-2030)
6.3 Global Marine Propulsion Systems Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Cummins Engines
7.1.1 Cummins Engines Marine Propulsion Systems Corporation Information
7.1.2 Cummins Engines Marine Propulsion Systems Product Portfolio
7.1.3 Cummins Engines Marine Propulsion Systems Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Cummins Engines Main Business and Markets Served
7.1.5 Cummins Engines Recent Developments/Updates
7.2 Caterpillar
7.2.1 Caterpillar Marine Propulsion Systems Corporation Information
7.2.2 Caterpillar Marine Propulsion Systems Product Portfolio
7.2.3 Caterpillar Marine Propulsion Systems Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Caterpillar Main Business and Markets Served
7.2.5 Caterpillar Recent Developments/Updates
7.3 Daihatsu Diesel
7.3.1 Daihatsu Diesel Marine Propulsion Systems Corporation Information
7.3.2 Daihatsu Diesel Marine Propulsion Systems Product Portfolio
7.3.3 Daihatsu Diesel Marine Propulsion Systems Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Daihatsu Diesel Main Business and Markets Served
7.3.5 Daihatsu Diesel Recent Developments/Updates
7.4 Fairbanks Morse Engine
7.4.1 Fairbanks Morse Engine Marine Propulsion Systems Corporation Information
7.4.2 Fairbanks Morse Engine Marine Propulsion Systems Product Portfolio
7.4.3 Fairbanks Morse Engine Marine Propulsion Systems Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Fairbanks Morse Engine Main Business and Markets Served
7.4.5 Fairbanks Morse Engine Recent Developments/Updates
7.5 GE
7.5.1 GE Marine Propulsion Systems Corporation Information
7.5.2 GE Marine Propulsion Systems Product Portfolio
7.5.3 GE Marine Propulsion Systems Production, Value, Price and Gross Margin (2019-2024)
7.5.4 GE Main Business and Markets Served
7.5.5 GE Recent Developments/Updates
7.6 Hyundai Heavy Industries
7.6.1 Hyundai Heavy Industries Marine Propulsion Systems Corporation Information
7.6.2 Hyundai Heavy Industries Marine Propulsion Systems Product Portfolio
7.6.3 Hyundai Heavy Industries Marine Propulsion Systems Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Hyundai Heavy Industries Main Business and Markets Served
7.6.5 Hyundai Heavy Industries Recent Developments/Updates
7.7 MAN Diesel & Turbo
7.7.1 MAN Diesel & Turbo Marine Propulsion Systems Corporation Information
7.7.2 MAN Diesel & Turbo Marine Propulsion Systems Product Portfolio
7.7.3 MAN Diesel & Turbo Marine Propulsion Systems Production, Value, Price and Gross Margin (2019-2024)
7.7.4 MAN Diesel & Turbo Main Business and Markets Served
7.7.5 MAN Diesel & Turbo Recent Developments/Updates
7.8 Masson-Marine
7.8.1 Masson-Marine Marine Propulsion Systems Corporation Information
7.8.2 Masson-Marine Marine Propulsion Systems Product Portfolio
7.8.3 Masson-Marine Marine Propulsion Systems Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Masson-Marine Main Business and Markets Served
7.7.5 Masson-Marine Recent Developments/Updates
7.9 Mitsubishi Heavy Industries
7.9.1 Mitsubishi Heavy Industries Marine Propulsion Systems Corporation Information
7.9.2 Mitsubishi Heavy Industries Marine Propulsion Systems Product Portfolio
7.9.3 Mitsubishi Heavy Industries Marine Propulsion Systems Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Mitsubishi Heavy Industries Main Business and Markets Served
7.9.5 Mitsubishi Heavy Industries Recent Developments/Updates
7.10 Nigata Power Systems
7.10.1 Nigata Power Systems Marine Propulsion Systems Corporation Information
7.10.2 Nigata Power Systems Marine Propulsion Systems Product Portfolio
7.10.3 Nigata Power Systems Marine Propulsion Systems Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Nigata Power Systems Main Business and Markets Served
7.10.5 Nigata Power Systems Recent Developments/Updates
7.11 Rolls-Royce
7.11.1 Rolls-Royce Marine Propulsion Systems Corporation Information
7.11.2 Rolls-Royce Marine Propulsion Systems Product Portfolio
7.11.3 Rolls-Royce Marine Propulsion Systems Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Rolls-Royce Main Business and Markets Served
7.11.5 Rolls-Royce Recent Developments/Updates
7.12 YANMAR Diesel
7.12.1 YANMAR Diesel Marine Propulsion Systems Corporation Information
7.12.2 YANMAR Diesel Marine Propulsion Systems Product Portfolio
7.12.3 YANMAR Diesel Marine Propulsion Systems Production, Value, Price and Gross Margin (2019-2024)
7.12.4 YANMAR Diesel Main Business and Markets Served
7.12.5 YANMAR Diesel Recent Developments/Updates
7.13 Wartsila
7.13.1 Wartsila Marine Propulsion Systems Corporation Information
7.13.2 Wartsila Marine Propulsion Systems Product Portfolio
7.13.3 Wartsila Marine Propulsion Systems Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Wartsila Main Business and Markets Served
7.13.5 Wartsila Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Marine Propulsion Systems Industry Chain Analysis
8.2 Marine Propulsion Systems Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Marine Propulsion Systems Production Mode & Process
8.4 Marine Propulsion Systems Sales and Marketing
8.4.1 Marine Propulsion Systems Sales Channels
8.4.2 Marine Propulsion Systems Distributors
8.5 Marine Propulsion Systems Customers
9 Marine Propulsion Systems Market Dynamics
9.1 Marine Propulsion Systems Industry Trends
9.2 Marine Propulsion Systems Market Drivers
9.3 Marine Propulsion Systems Market Challenges
9.4 Marine Propulsion Systems 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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