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Marine Gas Turbines-Global Market Insights and Sales Trends 2025
Synopsis
The global Marine Gas Turbines market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Marine Gas Turbines in various end use industries. The expanding demands from the Ship Service, Hydrofoils, Fast Ferries and Cruise Ships, are propelling Marine Gas Turbines market. Single Axis, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Dual Axis segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Marine Gas Turbines market, driven by demand from China, the second largest economy with some signs of stabilising, the Marine Gas Turbines market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Marine Gas Turbines, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Marine Gas Turbines market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Marine Gas Turbines market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Marine Gas Turbines sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Marine Gas Turbines covered in this report include GE(US), MAN Diesel & Turbo, OPRA Turbines BV, PW Power Systems, Rolls Royce(UK), Solar Turbines, Vericor Power Systems, Dresser-Rand and Niigata Power Systems, etc.
The global Marine Gas Turbines market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE(US)
MAN Diesel & Turbo
OPRA Turbines BV
PW Power Systems
Rolls Royce(UK)
Solar Turbines
Vericor Power Systems
Dresser-Rand
Niigata Power Systems
Zorya
Perm
Pratt & Whitney(US)
Global Marine Gas Turbines market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Marine Gas Turbines market, Segment by Type:
Single Axis
Dual Axis
Global Marine Gas Turbines market, by Application
Ship Service
Hydrofoils
Fast Ferries
Cruise Ships
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Marine Gas Turbines manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Marine Gas Turbines in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Marine Gas Turbines market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Marine Gas Turbines in various end use industries. The expanding demands from the Ship Service, Hydrofoils, Fast Ferries and Cruise Ships, are propelling Marine Gas Turbines market. Single Axis, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Dual Axis segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Marine Gas Turbines market, driven by demand from China, the second largest economy with some signs of stabilising, the Marine Gas Turbines market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Marine Gas Turbines, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Marine Gas Turbines market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Marine Gas Turbines market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Marine Gas Turbines sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Marine Gas Turbines covered in this report include GE(US), MAN Diesel & Turbo, OPRA Turbines BV, PW Power Systems, Rolls Royce(UK), Solar Turbines, Vericor Power Systems, Dresser-Rand and Niigata Power Systems, etc.
The global Marine Gas Turbines market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE(US)
MAN Diesel & Turbo
OPRA Turbines BV
PW Power Systems
Rolls Royce(UK)
Solar Turbines
Vericor Power Systems
Dresser-Rand
Niigata Power Systems
Zorya
Perm
Pratt & Whitney(US)
Global Marine Gas Turbines market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Marine Gas Turbines market, Segment by Type:
Single Axis
Dual Axis
Global Marine Gas Turbines market, by Application
Ship Service
Hydrofoils
Fast Ferries
Cruise Ships
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Marine Gas Turbines manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Marine Gas Turbines in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Marine Gas Turbines Market Overview
1.1 Marine Gas Turbines Product Overview
1.2 Marine Gas Turbines Market Segment by Type
1.2.1 Single Axis
1.2.2 Dual Axis
1.3 Global Marine Gas Turbines Market Size by Type
1.3.1 Global Marine Gas Turbines Market Size Overview by Type (2018-2029)
1.3.2 Global Marine Gas Turbines Historic Market Size Review by Type (2018-2023)
1.3.3 Global Marine Gas Turbines Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Marine Gas Turbines Sales Breakdown by Type (2018-2023)
1.4.2 Europe Marine Gas Turbines Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Marine Gas Turbines Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Marine Gas Turbines Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Marine Gas Turbines Sales Breakdown by Type (2018-2023)
2 Global Marine Gas Turbines Market Competition by Company
2.1 Global Top Players by Marine Gas Turbines Sales (2018-2023)
2.2 Global Top Players by Marine Gas Turbines Revenue (2018-2023)
2.3 Global Top Players by Marine Gas Turbines Price (2018-2023)
2.4 Global Top Manufacturers Marine Gas Turbines Manufacturing Base Distribution, Sales Area, Product Type
2.5 Marine Gas Turbines Market Competitive Situation and Trends
2.5.1 Marine Gas Turbines Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Marine Gas Turbines Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Marine Gas Turbines as of 2022)
2.7 Date of Key Manufacturers Enter into Marine Gas Turbines Market
2.8 Key Manufacturers Marine Gas Turbines Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Marine Gas Turbines Status and Outlook by Region
3.1 Global Marine Gas Turbines Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Marine Gas Turbines Historic Market Size by Region
3.2.1 Global Marine Gas Turbines Sales in Volume by Region (2018-2023)
3.2.2 Global Marine Gas Turbines Sales in Value by Region (2018-2023)
3.2.3 Global Marine Gas Turbines Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Marine Gas Turbines Forecasted Market Size by Region
3.3.1 Global Marine Gas Turbines Sales in Volume by Region (2024-2029)
3.3.2 Global Marine Gas Turbines Sales in Value by Region (2024-2029)
3.3.3 Global Marine Gas Turbines Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Marine Gas Turbines by Application
4.1 Marine Gas Turbines Market Segment by Application
4.1.1 Ship Service
4.1.2 Hydrofoils
4.1.3 Fast Ferries
4.1.4 Cruise Ships
4.1.5 Others
4.2 Global Marine Gas Turbines Market Size by Application
4.2.1 Global Marine Gas Turbines Market Size Overview by Application (2018-2029)
4.2.2 Global Marine Gas Turbines Historic Market Size Review by Application (2018-2023)
4.2.3 Global Marine Gas Turbines Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Marine Gas Turbines Sales Breakdown by Application (2018-2023)
4.3.2 Europe Marine Gas Turbines Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Marine Gas Turbines Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Marine Gas Turbines Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Marine Gas Turbines Sales Breakdown by Application (2018-2023)
5 North America Marine Gas Turbines by Country
5.1 North America Marine Gas Turbines Historic Market Size by Country
5.1.1 North America Marine Gas Turbines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Marine Gas Turbines Sales in Volume by Country (2018-2023)
5.1.3 North America Marine Gas Turbines Sales in Value by Country (2018-2023)
5.2 North America Marine Gas Turbines Forecasted Market Size by Country
5.2.1 North America Marine Gas Turbines Sales in Volume by Country (2024-2029)
5.2.2 North America Marine Gas Turbines Sales in Value by Country (2024-2029)
6 Europe Marine Gas Turbines by Country
6.1 Europe Marine Gas Turbines Historic Market Size by Country
6.1.1 Europe Marine Gas Turbines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Marine Gas Turbines Sales in Volume by Country (2018-2023)
6.1.3 Europe Marine Gas Turbines Sales in Value by Country (2018-2023)
6.2 Europe Marine Gas Turbines Forecasted Market Size by Country
6.2.1 Europe Marine Gas Turbines Sales in Volume by Country (2024-2029)
6.2.2 Europe Marine Gas Turbines Sales in Value by Country (2024-2029)
7 Asia-Pacific Marine Gas Turbines by Region
7.1 Asia-Pacific Marine Gas Turbines Historic Market Size by Region
7.1.1 Asia-Pacific Marine Gas Turbines Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Marine Gas Turbines Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Marine Gas Turbines Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Marine Gas Turbines Forecasted Market Size by Region
7.2.1 Asia-Pacific Marine Gas Turbines Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Marine Gas Turbines Sales in Value by Region (2024-2029)
8 Latin America Marine Gas Turbines by Country
8.1 Latin America Marine Gas Turbines Historic Market Size by Country
8.1.1 Latin America Marine Gas Turbines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Marine Gas Turbines Sales in Volume by Country (2018-2023)
8.1.3 Latin America Marine Gas Turbines Sales in Value by Country (2018-2023)
8.2 Latin America Marine Gas Turbines Forecasted Market Size by Country
8.2.1 Latin America Marine Gas Turbines Sales in Volume by Country (2024-2029)
8.2.2 Latin America Marine Gas Turbines Sales in Value by Country (2024-2029)
9 Middle East and Africa Marine Gas Turbines by Country
9.1 Middle East and Africa Marine Gas Turbines Historic Market Size by Country
9.1.1 Middle East and Africa Marine Gas Turbines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Marine Gas Turbines Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Marine Gas Turbines Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Marine Gas Turbines Forecasted Market Size by Country
9.2.1 Middle East and Africa Marine Gas Turbines Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Marine Gas Turbines Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 GE(US)
10.1.1 GE(US) Company Information
10.1.2 GE(US) Introduction and Business Overview
10.1.3 GE(US) Marine Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.1.4 GE(US) Marine Gas Turbines Products Offered
10.1.5 GE(US) Recent Development
10.2 MAN Diesel & Turbo
10.2.1 MAN Diesel & Turbo Company Information
10.2.2 MAN Diesel & Turbo Introduction and Business Overview
10.2.3 MAN Diesel & Turbo Marine Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.2.4 MAN Diesel & Turbo Marine Gas Turbines Products Offered
10.2.5 MAN Diesel & Turbo Recent Development
10.3 OPRA Turbines BV
10.3.1 OPRA Turbines BV Company Information
10.3.2 OPRA Turbines BV Introduction and Business Overview
10.3.3 OPRA Turbines BV Marine Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.3.4 OPRA Turbines BV Marine Gas Turbines Products Offered
10.3.5 OPRA Turbines BV Recent Development
10.4 PW Power Systems
10.4.1 PW Power Systems Company Information
10.4.2 PW Power Systems Introduction and Business Overview
10.4.3 PW Power Systems Marine Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.4.4 PW Power Systems Marine Gas Turbines Products Offered
10.4.5 PW Power Systems Recent Development
10.5 Rolls Royce(UK)
10.5.1 Rolls Royce(UK) Company Information
10.5.2 Rolls Royce(UK) Introduction and Business Overview
10.5.3 Rolls Royce(UK) Marine Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Rolls Royce(UK) Marine Gas Turbines Products Offered
10.5.5 Rolls Royce(UK) Recent Development
10.6 Solar Turbines
10.6.1 Solar Turbines Company Information
10.6.2 Solar Turbines Introduction and Business Overview
10.6.3 Solar Turbines Marine Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Solar Turbines Marine Gas Turbines Products Offered
10.6.5 Solar Turbines Recent Development
10.7 Vericor Power Systems
10.7.1 Vericor Power Systems Company Information
10.7.2 Vericor Power Systems Introduction and Business Overview
10.7.3 Vericor Power Systems Marine Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Vericor Power Systems Marine Gas Turbines Products Offered
10.7.5 Vericor Power Systems Recent Development
10.8 Dresser-Rand
10.8.1 Dresser-Rand Company Information
10.8.2 Dresser-Rand Introduction and Business Overview
10.8.3 Dresser-Rand Marine Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Dresser-Rand Marine Gas Turbines Products Offered
10.8.5 Dresser-Rand Recent Development
10.9 Niigata Power Systems
10.9.1 Niigata Power Systems Company Information
10.9.2 Niigata Power Systems Introduction and Business Overview
10.9.3 Niigata Power Systems Marine Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Niigata Power Systems Marine Gas Turbines Products Offered
10.9.5 Niigata Power Systems Recent Development
10.10 Zorya
10.10.1 Zorya Company Information
10.10.2 Zorya Introduction and Business Overview
10.10.3 Zorya Marine Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Zorya Marine Gas Turbines Products Offered
10.10.5 Zorya Recent Development
10.11 Perm
10.11.1 Perm Company Information
10.11.2 Perm Introduction and Business Overview
10.11.3 Perm Marine Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Perm Marine Gas Turbines Products Offered
10.11.5 Perm Recent Development
10.12 Pratt & Whitney(US)
10.12.1 Pratt & Whitney(US) Company Information
10.12.2 Pratt & Whitney(US) Introduction and Business Overview
10.12.3 Pratt & Whitney(US) Marine Gas Turbines Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Pratt & Whitney(US) Marine Gas Turbines Products Offered
10.12.5 Pratt & Whitney(US) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Marine Gas Turbines Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Marine Gas Turbines Industrial Chain Analysis
11.4 Marine Gas Turbines Market Dynamics
11.4.1 Marine Gas Turbines Industry Trends
11.4.2 Marine Gas Turbines Market Drivers
11.4.3 Marine Gas Turbines Market Challenges
11.4.4 Marine Gas Turbines Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Marine Gas Turbines Distributors
12.3 Marine Gas Turbines Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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