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Global Parallel Hybrid Marine Propulsion System Market Research Report 2025

Global Parallel Hybrid Marine Propulsion System Market Research Report 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1765751

No of Pages : 92

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Synopsis
Serial hybrid marine propulsion systems use electric motors, one or more, for their propulsion. The combustion engine and propeller shaft are not mechanically connected, which means that the electric motor drives the propeller. The main purpose of the combustion engine is to generate electricity for the electric motor, and for charging the battery bank. Large batteries can allow for long periods of fully electric propulsion. The engine can operate at a steady rpm with high efficiency, which is optimal from a usage standpoint. This also allows operators to lower their emission levels – possibly to a minimum, depending on the battery capacity. Serial hybrid marine propulsion is ideal for, for example, short-distance public transportation vessels, such as city ferries. Their batteries need to have a high power density and large capacity, in order to keep up with demand. Most hybrid ferries have batteries that can be charged both via the engine and an on-shore charging station. From an environmental and emissions perspective, It would say that onshore charging is essential in this context.

Global Parallel Hybrid Marine Propulsion System market is projected to reach US$ 551 million in 2029, increasing from US$ 511 million in 2022, with the CAGR of 1.1% 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 Parallel Hybrid Marine Propulsion System market research.

Key manufacturers engaged in the Parallel Hybrid Marine Propulsion System industry include Wärtsilä, MAN Energy Solutions, Mitsubishi Heavy Industries, Caterpillar, Daihatsu, Cummins, GE, Yanmar and Volvo Penta, etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.

For production bases, global Parallel Hybrid Marine Propulsion System production is dominated by and . The two regions contributed to % production share globally in 2022.

When refers to consumption region, % volume of Parallel Hybrid Marine Propulsion System were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Parallel Hybrid Marine Propulsion System market and estimated to attract more attentions from industry insiders and investors.

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 Parallel Hybrid Marine Propulsion System market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.

By Company

  • Wärtsilä
  • MAN Energy Solutions
  • Mitsubishi Heavy Industries
  • Caterpillar
  • Daihatsu
  • Cummins
  • GE
  • Yanmar
  • Volvo Penta
  • SCANIA
  • Deere＆Company
  • Doosan
  • Weichai

Segment by Type

  • Plug-In Hybrid
  • Conventional Hybrid

Segment by Application

  • City Ferry
  • Leisure Boats
  • Tugboats
  • Others

Production by Region

  • North America
  • Europe
  • China
  • Japan

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil,Turkey, GCC Countries)

The Parallel Hybrid Marine Propulsion System 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

Index

1 Parallel Hybrid Marine Propulsion System Market Overview
1.1 Product Definition
1.2 Parallel Hybrid Marine Propulsion System Segment by Type
1.2.1 Global Parallel Hybrid Marine Propulsion System Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Plug-In Hybrid
1.2.3 Conventional Hybrid
1.3 Parallel Hybrid Marine Propulsion System Segment by Application
1.3.1 Global Parallel Hybrid Marine Propulsion System Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 City Ferry
1.3.3 Leisure Boats
1.3.4 Tugboats
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Parallel Hybrid Marine Propulsion System Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Parallel Hybrid Marine Propulsion System Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Parallel Hybrid Marine Propulsion System Production Estimates and Forecasts (2018-2029)
1.4.4 Global Parallel Hybrid Marine Propulsion System Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Parallel Hybrid Marine Propulsion System Production Market Share by Manufacturers (2018-2023)
2.2 Global Parallel Hybrid Marine Propulsion System Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Parallel Hybrid Marine Propulsion System, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Parallel Hybrid Marine Propulsion System Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Parallel Hybrid Marine Propulsion System Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Parallel Hybrid Marine Propulsion System, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Parallel Hybrid Marine Propulsion System, Product Offered and Application
2.8 Global Key Manufacturers of Parallel Hybrid Marine Propulsion System, Date of Enter into This Industry
2.9 Parallel Hybrid Marine Propulsion System Market Competitive Situation and Trends
2.9.1 Parallel Hybrid Marine Propulsion System Market Concentration Rate
2.9.2 Global 5 and 10 Largest Parallel Hybrid Marine Propulsion System Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Parallel Hybrid Marine Propulsion System Production by Region
3.1 Global Parallel Hybrid Marine Propulsion System Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Parallel Hybrid Marine Propulsion System Production Value by Region (2018-2029)
3.2.1 Global Parallel Hybrid Marine Propulsion System Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Parallel Hybrid Marine Propulsion System by Region (2024-2029)
3.3 Global Parallel Hybrid Marine Propulsion System Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Parallel Hybrid Marine Propulsion System Production by Region (2018-2029)
3.4.1 Global Parallel Hybrid Marine Propulsion System Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Parallel Hybrid Marine Propulsion System by Region (2024-2029)
3.5 Global Parallel Hybrid Marine Propulsion System Market Price Analysis by Region (2018-2023)
3.6 Global Parallel Hybrid Marine Propulsion System Production and Value, Year-over-Year Growth
3.6.1 North America Parallel Hybrid Marine Propulsion System Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Parallel Hybrid Marine Propulsion System Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Parallel Hybrid Marine Propulsion System Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Parallel Hybrid Marine Propulsion System Production Value Estimates and Forecasts (2018-2029)
4 Parallel Hybrid Marine Propulsion System Consumption by Region
4.1 Global Parallel Hybrid Marine Propulsion System Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Parallel Hybrid Marine Propulsion System Consumption by Region (2018-2029)
4.2.1 Global Parallel Hybrid Marine Propulsion System Consumption by Region (2018-2023)
4.2.2 Global Parallel Hybrid Marine Propulsion System Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Parallel Hybrid Marine Propulsion System Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Parallel Hybrid Marine Propulsion System Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Parallel Hybrid Marine Propulsion System Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Parallel Hybrid Marine Propulsion System 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 Parallel Hybrid Marine Propulsion System Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Parallel Hybrid Marine Propulsion System 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 Parallel Hybrid Marine Propulsion System Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Parallel Hybrid Marine Propulsion System Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Parallel Hybrid Marine Propulsion System Production by Type (2018-2029)
5.1.1 Global Parallel Hybrid Marine Propulsion System Production by Type (2018-2023)
5.1.2 Global Parallel Hybrid Marine Propulsion System Production by Type (2024-2029)
5.1.3 Global Parallel Hybrid Marine Propulsion System Production Market Share by Type (2018-2029)
5.2 Global Parallel Hybrid Marine Propulsion System Production Value by Type (2018-2029)
5.2.1 Global Parallel Hybrid Marine Propulsion System Production Value by Type (2018-2023)
5.2.2 Global Parallel Hybrid Marine Propulsion System Production Value by Type (2024-2029)
5.2.3 Global Parallel Hybrid Marine Propulsion System Production Value Market Share by Type (2018-2029)
5.3 Global Parallel Hybrid Marine Propulsion System Price by Type (2018-2029)
6 Segment by Application
6.1 Global Parallel Hybrid Marine Propulsion System Production by Application (2018-2029)
6.1.1 Global Parallel Hybrid Marine Propulsion System Production by Application (2018-2023)
6.1.2 Global Parallel Hybrid Marine Propulsion System Production by Application (2024-2029)
6.1.3 Global Parallel Hybrid Marine Propulsion System Production Market Share by Application (2018-2029)
6.2 Global Parallel Hybrid Marine Propulsion System Production Value by Application (2018-2029)
6.2.1 Global Parallel Hybrid Marine Propulsion System Production Value by Application (2018-2023)
6.2.2 Global Parallel Hybrid Marine Propulsion System Production Value by Application (2024-2029)
6.2.3 Global Parallel Hybrid Marine Propulsion System Production Value Market Share by Application (2018-2029)
6.3 Global Parallel Hybrid Marine Propulsion System Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Wärtsilä
7.1.1 Wärtsilä Parallel Hybrid Marine Propulsion System Corporation Information
7.1.2 Wärtsilä Parallel Hybrid Marine Propulsion System Product Portfolio
7.1.3 Wärtsilä Parallel Hybrid Marine Propulsion System Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Wärtsilä Main Business and Markets Served
7.1.5 Wärtsilä Recent Developments/Updates
7.2 MAN Energy Solutions
7.2.1 MAN Energy Solutions Parallel Hybrid Marine Propulsion System Corporation Information
7.2.2 MAN Energy Solutions Parallel Hybrid Marine Propulsion System Product Portfolio
7.2.3 MAN Energy Solutions Parallel Hybrid Marine Propulsion System Production, Value, Price and Gross Margin (2018-2023)
7.2.4 MAN Energy Solutions Main Business and Markets Served
7.2.5 MAN Energy Solutions Recent Developments/Updates
7.3 Mitsubishi Heavy Industries
7.3.1 Mitsubishi Heavy Industries Parallel Hybrid Marine Propulsion System Corporation Information
7.3.2 Mitsubishi Heavy Industries Parallel Hybrid Marine Propulsion System Product Portfolio
7.3.3 Mitsubishi Heavy Industries Parallel Hybrid Marine Propulsion System Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Mitsubishi Heavy Industries Main Business and Markets Served
7.3.5 Mitsubishi Heavy Industries Recent Developments/Updates
7.4 Caterpillar
7.4.1 Caterpillar Parallel Hybrid Marine Propulsion System Corporation Information
7.4.2 Caterpillar Parallel Hybrid Marine Propulsion System Product Portfolio
7.4.3 Caterpillar Parallel Hybrid Marine Propulsion System Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Caterpillar Main Business and Markets Served
7.4.5 Caterpillar Recent Developments/Updates
7.5 Daihatsu
7.5.1 Daihatsu Parallel Hybrid Marine Propulsion System Corporation Information
7.5.2 Daihatsu Parallel Hybrid Marine Propulsion System Product Portfolio
7.5.3 Daihatsu Parallel Hybrid Marine Propulsion System Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Daihatsu Main Business and Markets Served
7.5.5 Daihatsu Recent Developments/Updates
7.6 Cummins
7.6.1 Cummins Parallel Hybrid Marine Propulsion System Corporation Information
7.6.2 Cummins Parallel Hybrid Marine Propulsion System Product Portfolio
7.6.3 Cummins Parallel Hybrid Marine Propulsion System Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Cummins Main Business and Markets Served
7.6.5 Cummins Recent Developments/Updates
7.7 GE
7.7.1 GE Parallel Hybrid Marine Propulsion System Corporation Information
7.7.2 GE Parallel Hybrid Marine Propulsion System Product Portfolio
7.7.3 GE Parallel Hybrid Marine Propulsion System Production, Value, Price and Gross Margin (2018-2023)
7.7.4 GE Main Business and Markets Served
7.7.5 GE Recent Developments/Updates
7.8 Yanmar
7.8.1 Yanmar Parallel Hybrid Marine Propulsion System Corporation Information
7.8.2 Yanmar Parallel Hybrid Marine Propulsion System Product Portfolio
7.8.3 Yanmar Parallel Hybrid Marine Propulsion System Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Yanmar Main Business and Markets Served
7.7.5 Yanmar Recent Developments/Updates
7.9 Volvo Penta
7.9.1 Volvo Penta Parallel Hybrid Marine Propulsion System Corporation Information
7.9.2 Volvo Penta Parallel Hybrid Marine Propulsion System Product Portfolio
7.9.3 Volvo Penta Parallel Hybrid Marine Propulsion System Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Volvo Penta Main Business and Markets Served
7.9.5 Volvo Penta Recent Developments/Updates
7.10 SCANIA
7.10.1 SCANIA Parallel Hybrid Marine Propulsion System Corporation Information
7.10.2 SCANIA Parallel Hybrid Marine Propulsion System Product Portfolio
7.10.3 SCANIA Parallel Hybrid Marine Propulsion System Production, Value, Price and Gross Margin (2018-2023)
7.10.4 SCANIA Main Business and Markets Served
7.10.5 SCANIA Recent Developments/Updates
7.11 Deere＆Company
7.11.1 Deere＆Company Parallel Hybrid Marine Propulsion System Corporation Information
7.11.2 Deere＆Company Parallel Hybrid Marine Propulsion System Product Portfolio
7.11.3 Deere＆Company Parallel Hybrid Marine Propulsion System Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Deere＆Company Main Business and Markets Served
7.11.5 Deere＆Company Recent Developments/Updates
7.12 Doosan
7.12.1 Doosan Parallel Hybrid Marine Propulsion System Corporation Information
7.12.2 Doosan Parallel Hybrid Marine Propulsion System Product Portfolio
7.12.3 Doosan Parallel Hybrid Marine Propulsion System Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Doosan Main Business and Markets Served
7.12.5 Doosan Recent Developments/Updates
7.13 Weichai
7.13.1 Weichai Parallel Hybrid Marine Propulsion System Corporation Information
7.13.2 Weichai Parallel Hybrid Marine Propulsion System Product Portfolio
7.13.3 Weichai Parallel Hybrid Marine Propulsion System Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Weichai Main Business and Markets Served
7.13.5 Weichai Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Parallel Hybrid Marine Propulsion System Industry Chain Analysis
8.2 Parallel Hybrid Marine Propulsion System Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Parallel Hybrid Marine Propulsion System Production Mode & Process
8.4 Parallel Hybrid Marine Propulsion System Sales and Marketing
8.4.1 Parallel Hybrid Marine Propulsion System Sales Channels
8.4.2 Parallel Hybrid Marine Propulsion System Distributors
8.5 Parallel Hybrid Marine Propulsion System Customers
9 Parallel Hybrid Marine Propulsion System Market Dynamics
9.1 Parallel Hybrid Marine Propulsion System Industry Trends
9.2 Parallel Hybrid Marine Propulsion System Market Drivers
9.3 Parallel Hybrid Marine Propulsion System Market Challenges
9.4 Parallel Hybrid Marine Propulsion System 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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