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Global Serial Hybrid Marine Propulsion System Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Serial Hybrid Marine Propulsion System Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2029

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1774415

No of Pages : 112

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Synopsis
The global Serial Hybrid Marine Propulsion System market size was valued at USD 515.5 million in 2022 and is forecast to a readjusted size of USD 558.4 million by 2029 with a CAGR of 1.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Parallel hybrid marine propulsion systems can use both the electric motor and the combustion engine, simultaneously or separately, for their propulsion. Both the combustion engine and the electric motor are directly connected – via a gear with a PTI (Power Take In) for an electric motor – to the drive shaft for the propeller. This gear allows power transferral between two sources. Accordingly, the electric motor, the combustion engine, or both in parallel, can power the propeller. During normal operation, the parallel hybrid marine propulsion system will typically run on both the electric motor and the combustion engine throughout the driving cycle. This in order to achieve maximum efficiency and performance. The combustion engine will run during high speed transportation. Similarly, the electric motor is ideal to use at low speeds, but can also provide extra power when required. The combustion engine’s operation varies, as it is more affected by the driving cycle (or driving pattern) compared to that of the fixed rpm of the engine in a serial hybrid marine propulsion system. This often means more emissions, by comparison. That said, the batteries do not need to be as large as in a serial hybrid marine propulsion system, thereby reducing the weight of the vessel. This may also have a positive effect on its fuel consumption. Parallel hybrid marine propulsion systems are used in a variety of vessels – from leisure boats to tugboats, wind farm boats and high-speed passenger ferries.
This report is a detailed and comprehensive analysis for global Serial Hybrid Marine Propulsion System market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

  • Global Serial Hybrid Marine Propulsion System market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
  • Global Serial Hybrid Marine Propulsion System market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
  • Global Serial Hybrid Marine Propulsion System market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
  • Global Serial Hybrid Marine Propulsion System market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023.

The Primary Objectives in This Report Are:

  • To determine the size of the total market opportunity of global and key countries
  • To assess the growth potential for Serial Hybrid Marine Propulsion System
  • To forecast future growth in each product and end-use market
  • To assess competitive factors affecting the marketplace.

This report profiles key players in the global Serial Hybrid Marine Propulsion System market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Wärtsilä, MAN Energy Solutions, Mitsubishi Heavy Industries, Caterpillar and Daihatsu, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Serial Hybrid Marine Propulsion System market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

  • Plug-In Hybrid
  • Conventional Hybrid

Market segment by Application

  • Leisure Boats
  • Tugboats
  • Wind Farm Boats
  • High-Speed Passenger Ferries
  • Others

Major players covered

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

Market segment by region, regional analysis covers

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Serial Hybrid Marine Propulsion System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Serial Hybrid Marine Propulsion System, with price, sales, revenue and global market share of Serial Hybrid Marine Propulsion System from 2018 to 2023.
Chapter 3, the Serial Hybrid Marine Propulsion System competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Serial Hybrid Marine Propulsion System breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Serial Hybrid Marine Propulsion System market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Serial Hybrid Marine Propulsion System.
Chapter 14 and 15, to describe Serial Hybrid Marine Propulsion System sales channel, distributors, customers, research findings and conclusion.

Index

1 Market Overview
1.1 Product Overview and Scope of Serial Hybrid Marine Propulsion System
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Serial Hybrid Marine Propulsion System Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 Plug-In Hybrid
1.3.3 Conventional Hybrid
1.4 Market Analysis by Application
1.4.1 Overview: Global Serial Hybrid Marine Propulsion System Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Leisure Boats
1.4.3 Tugboats
1.4.4 Wind Farm Boats
1.4.5 High-Speed Passenger Ferries
1.4.6 Others
1.5 Global Serial Hybrid Marine Propulsion System Market Size & Forecast
1.5.1 Global Serial Hybrid Marine Propulsion System Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Serial Hybrid Marine Propulsion System Sales Quantity (2018-2029)
1.5.3 Global Serial Hybrid Marine Propulsion System Average Price (2018-2029)
2 Manufacturers Profiles
2.1 Wärtsilä
2.1.1 Wärtsilä Details
2.1.2 Wärtsilä Major Business
2.1.3 Wärtsilä Serial Hybrid Marine Propulsion System Product and Services
2.1.4 Wärtsilä Serial Hybrid Marine Propulsion System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Wärtsilä Recent Developments/Updates
2.2 MAN Energy Solutions
2.2.1 MAN Energy Solutions Details
2.2.2 MAN Energy Solutions Major Business
2.2.3 MAN Energy Solutions Serial Hybrid Marine Propulsion System Product and Services
2.2.4 MAN Energy Solutions Serial Hybrid Marine Propulsion System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 MAN Energy Solutions Recent Developments/Updates
2.3 Mitsubishi Heavy Industries
2.3.1 Mitsubishi Heavy Industries Details
2.3.2 Mitsubishi Heavy Industries Major Business
2.3.3 Mitsubishi Heavy Industries Serial Hybrid Marine Propulsion System Product and Services
2.3.4 Mitsubishi Heavy Industries Serial Hybrid Marine Propulsion System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Mitsubishi Heavy Industries Recent Developments/Updates
2.4 Caterpillar
2.4.1 Caterpillar Details
2.4.2 Caterpillar Major Business
2.4.3 Caterpillar Serial Hybrid Marine Propulsion System Product and Services
2.4.4 Caterpillar Serial Hybrid Marine Propulsion System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Caterpillar Recent Developments/Updates
2.5 Daihatsu
2.5.1 Daihatsu Details
2.5.2 Daihatsu Major Business
2.5.3 Daihatsu Serial Hybrid Marine Propulsion System Product and Services
2.5.4 Daihatsu Serial Hybrid Marine Propulsion System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Daihatsu Recent Developments/Updates
2.6 Cummins
2.6.1 Cummins Details
2.6.2 Cummins Major Business
2.6.3 Cummins Serial Hybrid Marine Propulsion System Product and Services
2.6.4 Cummins Serial Hybrid Marine Propulsion System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Cummins Recent Developments/Updates
2.7 GE
2.7.1 GE Details
2.7.2 GE Major Business
2.7.3 GE Serial Hybrid Marine Propulsion System Product and Services
2.7.4 GE Serial Hybrid Marine Propulsion System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 GE Recent Developments/Updates
2.8 Yanmar
2.8.1 Yanmar Details
2.8.2 Yanmar Major Business
2.8.3 Yanmar Serial Hybrid Marine Propulsion System Product and Services
2.8.4 Yanmar Serial Hybrid Marine Propulsion System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Yanmar Recent Developments/Updates
2.9 Volvo Penta
2.9.1 Volvo Penta Details
2.9.2 Volvo Penta Major Business
2.9.3 Volvo Penta Serial Hybrid Marine Propulsion System Product and Services
2.9.4 Volvo Penta Serial Hybrid Marine Propulsion System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Volvo Penta Recent Developments/Updates
2.10 SCANIA
2.10.1 SCANIA Details
2.10.2 SCANIA Major Business
2.10.3 SCANIA Serial Hybrid Marine Propulsion System Product and Services
2.10.4 SCANIA Serial Hybrid Marine Propulsion System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 SCANIA Recent Developments/Updates
2.11 Deere＆Company
2.11.1 Deere＆Company Details
2.11.2 Deere＆Company Major Business
2.11.3 Deere＆Company Serial Hybrid Marine Propulsion System Product and Services
2.11.4 Deere＆Company Serial Hybrid Marine Propulsion System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 Deere＆Company Recent Developments/Updates
2.12 Doosan
2.12.1 Doosan Details
2.12.2 Doosan Major Business
2.12.3 Doosan Serial Hybrid Marine Propulsion System Product and Services
2.12.4 Doosan Serial Hybrid Marine Propulsion System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Doosan Recent Developments/Updates
2.13 Weichai
2.13.1 Weichai Details
2.13.2 Weichai Major Business
2.13.3 Weichai Serial Hybrid Marine Propulsion System Product and Services
2.13.4 Weichai Serial Hybrid Marine Propulsion System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 Weichai Recent Developments/Updates
2.14 STEYR MOTORS
2.14.1 STEYR MOTORS Details
2.14.2 STEYR MOTORS Major Business
2.14.3 STEYR MOTORS Serial Hybrid Marine Propulsion System Product and Services
2.14.4 STEYR MOTORS Serial Hybrid Marine Propulsion System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.14.5 STEYR MOTORS Recent Developments/Updates
2.15 CSIC
2.15.1 CSIC Details
2.15.2 CSIC Major Business
2.15.3 CSIC Serial Hybrid Marine Propulsion System Product and Services
2.15.4 CSIC Serial Hybrid Marine Propulsion System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.15.5 CSIC Recent Developments/Updates
3 Competitive Environment: Serial Hybrid Marine Propulsion System by Manufacturer
3.1 Global Serial Hybrid Marine Propulsion System Sales Quantity by Manufacturer (2018-2023)
3.2 Global Serial Hybrid Marine Propulsion System Revenue by Manufacturer (2018-2023)
3.3 Global Serial Hybrid Marine Propulsion System Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Serial Hybrid Marine Propulsion System by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Serial Hybrid Marine Propulsion System Manufacturer Market Share in 2022
3.4.2 Top 6 Serial Hybrid Marine Propulsion System Manufacturer Market Share in 2022
3.5 Serial Hybrid Marine Propulsion System Market: Overall Company Footprint Analysis
3.5.1 Serial Hybrid Marine Propulsion System Market: Region Footprint
3.5.2 Serial Hybrid Marine Propulsion System Market: Company Product Type Footprint
3.5.3 Serial Hybrid Marine Propulsion System Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Serial Hybrid Marine Propulsion System Market Size by Region
4.1.1 Global Serial Hybrid Marine Propulsion System Sales Quantity by Region (2018-2029)
4.1.2 Global Serial Hybrid Marine Propulsion System Consumption Value by Region (2018-2029)
4.1.3 Global Serial Hybrid Marine Propulsion System Average Price by Region (2018-2029)
4.2 North America Serial Hybrid Marine Propulsion System Consumption Value (2018-2029)
4.3 Europe Serial Hybrid Marine Propulsion System Consumption Value (2018-2029)
4.4 Asia-Pacific Serial Hybrid Marine Propulsion System Consumption Value (2018-2029)
4.5 South America Serial Hybrid Marine Propulsion System Consumption Value (2018-2029)
4.6 Middle East and Africa Serial Hybrid Marine Propulsion System Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Serial Hybrid Marine Propulsion System Sales Quantity by Type (2018-2029)
5.2 Global Serial Hybrid Marine Propulsion System Consumption Value by Type (2018-2029)
5.3 Global Serial Hybrid Marine Propulsion System Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Serial Hybrid Marine Propulsion System Sales Quantity by Application (2018-2029)
6.2 Global Serial Hybrid Marine Propulsion System Consumption Value by Application (2018-2029)
6.3 Global Serial Hybrid Marine Propulsion System Average Price by Application (2018-2029)
7 North America
7.1 North America Serial Hybrid Marine Propulsion System Sales Quantity by Type (2018-2029)
7.2 North America Serial Hybrid Marine Propulsion System Sales Quantity by Application (2018-2029)
7.3 North America Serial Hybrid Marine Propulsion System Market Size by Country
7.3.1 North America Serial Hybrid Marine Propulsion System Sales Quantity by Country (2018-2029)
7.3.2 North America Serial Hybrid Marine Propulsion System Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Serial Hybrid Marine Propulsion System Sales Quantity by Type (2018-2029)
8.2 Europe Serial Hybrid Marine Propulsion System Sales Quantity by Application (2018-2029)
8.3 Europe Serial Hybrid Marine Propulsion System Market Size by Country
8.3.1 Europe Serial Hybrid Marine Propulsion System Sales Quantity by Country (2018-2029)
8.3.2 Europe Serial Hybrid Marine Propulsion System Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Serial Hybrid Marine Propulsion System Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Serial Hybrid Marine Propulsion System Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Serial Hybrid Marine Propulsion System Market Size by Region
9.3.1 Asia-Pacific Serial Hybrid Marine Propulsion System Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Serial Hybrid Marine Propulsion System Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Serial Hybrid Marine Propulsion System Sales Quantity by Type (2018-2029)
10.2 South America Serial Hybrid Marine Propulsion System Sales Quantity by Application (2018-2029)
10.3 South America Serial Hybrid Marine Propulsion System Market Size by Country
10.3.1 South America Serial Hybrid Marine Propulsion System Sales Quantity by Country (2018-2029)
10.3.2 South America Serial Hybrid Marine Propulsion System Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Serial Hybrid Marine Propulsion System Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Serial Hybrid Marine Propulsion System Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Serial Hybrid Marine Propulsion System Market Size by Country
11.3.1 Middle East & Africa Serial Hybrid Marine Propulsion System Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Serial Hybrid Marine Propulsion System Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Serial Hybrid Marine Propulsion System Market Drivers
12.2 Serial Hybrid Marine Propulsion System Market Restraints
12.3 Serial Hybrid Marine Propulsion System Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Serial Hybrid Marine Propulsion System and Key Manufacturers
13.2 Manufacturing Costs Percentage of Serial Hybrid Marine Propulsion System
13.3 Serial Hybrid Marine Propulsion System Production Process
13.4 Serial Hybrid Marine Propulsion System Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Serial Hybrid Marine Propulsion System Typical Distributors
14.3 Serial Hybrid Marine Propulsion System Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer

Published By : GlobalInfoResearch

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