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Marine Propulsion-Global Market Insights and Sales Trends 2025

Marine Propulsion-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1859558

No of Pages : 106

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Synopsis
Marine propulsion is a mechanism or system used to generate thrust to move a ship or boat across water. The setup of a propulsion system depends on the vessel size, transport system, and type of operation. Diesel marine propulsion system is a common type of marine propulsion system.
The global Marine Propulsion market size is expected to reach US$ 13270 million by 2029, growing at a CAGR of 2.3% from 2023 to 2029. The market is mainly driven by the significant applications of Marine Propulsion in various end use industries. The expanding demands from the Inland Waterways and Coastal/Cross-border Waterways, are propelling Marine Propulsion market. Full Electric, 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 Diesel segment is estimated at % CAGR for the next seven-year period.
The segment constitutes more than 46% share of the global marine propulsion market. Diesel marine propulsion systems are used in almost all types of vessels such as mall boats, ferries, defense vessels, and recreational vessels. In full electric marine propulsion systems, the engine is directly connected to the generator. Full electric marine propulsion enhances the overall efficiency of the vessel and also reduces the carbon footprint. Full electric marine propulsion system consists of a series of motors and generators. Electric power is transmitted from the engine to the propeller shaft through the motor controller and electric motor.
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 Propulsion, 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 Propulsion 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 Propulsion market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Marine Propulsion 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 Propulsion covered in this report include Cummins, Caterpillar, AB Volvo Penta, BAE Systems, Wärtsilä, Rolls Royce, Niigata Power Systems, Fairbanks Morse Engine and Masson-Marine, etc.
The global Marine Propulsion market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cummins
Caterpillar
AB Volvo Penta
BAE Systems
Wärtsilä
Rolls Royce
Niigata Power Systems
Fairbanks Morse Engine
Masson-Marine
GE
STEYR MOTORS
MAN Diesel & Turbo
Torqeedo
Global Marine Propulsion 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 Propulsion market, Segment by Type:
Full Electric
Diesel
Renewable
Nuclear
Gas turbine
Fuel Cell
Hybrid
Others
Global Marine Propulsion market, by Application
Inland Waterways
Coastal/Cross-border Waterways
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 Propulsion manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Marine Propulsion 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.
Index
1 Marine Propulsion Market Overview
1.1 Marine Propulsion Product Overview
1.2 Marine Propulsion Market Segment by Type
1.2.1 Full Electric
1.2.2 Diesel
1.2.3 Renewable
1.2.4 Nuclear
1.2.5 Gas turbine
1.2.6 Fuel Cell
1.2.7 Hybrid
1.2.8 Others
1.3 Global Marine Propulsion Market Size by Type
1.3.1 Global Marine Propulsion Market Size Overview by Type (2018-2029)
1.3.2 Global Marine Propulsion Historic Market Size Review by Type (2018-2023)
1.3.3 Global Marine Propulsion Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Marine Propulsion Sales Breakdown by Type (2018-2023)
1.4.2 Europe Marine Propulsion Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Marine Propulsion Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Marine Propulsion Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Marine Propulsion Sales Breakdown by Type (2018-2023)
2 Global Marine Propulsion Market Competition by Company
2.1 Global Top Players by Marine Propulsion Sales (2018-2023)
2.2 Global Top Players by Marine Propulsion Revenue (2018-2023)
2.3 Global Top Players by Marine Propulsion Price (2018-2023)
2.4 Global Top Manufacturers Marine Propulsion Manufacturing Base Distribution, Sales Area, Product Type
2.5 Marine Propulsion Market Competitive Situation and Trends
2.5.1 Marine Propulsion Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Marine Propulsion 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 Propulsion as of 2022)
2.7 Date of Key Manufacturers Enter into Marine Propulsion Market
2.8 Key Manufacturers Marine Propulsion Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Marine Propulsion Status and Outlook by Region
3.1 Global Marine Propulsion Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Marine Propulsion Historic Market Size by Region
3.2.1 Global Marine Propulsion Sales in Volume by Region (2018-2023)
3.2.2 Global Marine Propulsion Sales in Value by Region (2018-2023)
3.2.3 Global Marine Propulsion Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Marine Propulsion Forecasted Market Size by Region
3.3.1 Global Marine Propulsion Sales in Volume by Region (2024-2029)
3.3.2 Global Marine Propulsion Sales in Value by Region (2024-2029)
3.3.3 Global Marine Propulsion Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Marine Propulsion by Application
4.1 Marine Propulsion Market Segment by Application
4.1.1 Inland Waterways
4.1.2 Coastal/Cross-border Waterways
4.2 Global Marine Propulsion Market Size by Application
4.2.1 Global Marine Propulsion Market Size Overview by Application (2018-2029)
4.2.2 Global Marine Propulsion Historic Market Size Review by Application (2018-2023)
4.2.3 Global Marine Propulsion Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Marine Propulsion Sales Breakdown by Application (2018-2023)
4.3.2 Europe Marine Propulsion Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Marine Propulsion Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Marine Propulsion Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Marine Propulsion Sales Breakdown by Application (2018-2023)
5 North America Marine Propulsion by Country
5.1 North America Marine Propulsion Historic Market Size by Country
5.1.1 North America Marine Propulsion Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Marine Propulsion Sales in Volume by Country (2018-2023)
5.1.3 North America Marine Propulsion Sales in Value by Country (2018-2023)
5.2 North America Marine Propulsion Forecasted Market Size by Country
5.2.1 North America Marine Propulsion Sales in Volume by Country (2024-2029)
5.2.2 North America Marine Propulsion Sales in Value by Country (2024-2029)
6 Europe Marine Propulsion by Country
6.1 Europe Marine Propulsion Historic Market Size by Country
6.1.1 Europe Marine Propulsion Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Marine Propulsion Sales in Volume by Country (2018-2023)
6.1.3 Europe Marine Propulsion Sales in Value by Country (2018-2023)
6.2 Europe Marine Propulsion Forecasted Market Size by Country
6.2.1 Europe Marine Propulsion Sales in Volume by Country (2024-2029)
6.2.2 Europe Marine Propulsion Sales in Value by Country (2024-2029)
7 Asia-Pacific Marine Propulsion by Region
7.1 Asia-Pacific Marine Propulsion Historic Market Size by Region
7.1.1 Asia-Pacific Marine Propulsion Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Marine Propulsion Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Marine Propulsion Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Marine Propulsion Forecasted Market Size by Region
7.2.1 Asia-Pacific Marine Propulsion Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Marine Propulsion Sales in Value by Region (2024-2029)
8 Latin America Marine Propulsion by Country
8.1 Latin America Marine Propulsion Historic Market Size by Country
8.1.1 Latin America Marine Propulsion Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Marine Propulsion Sales in Volume by Country (2018-2023)
8.1.3 Latin America Marine Propulsion Sales in Value by Country (2018-2023)
8.2 Latin America Marine Propulsion Forecasted Market Size by Country
8.2.1 Latin America Marine Propulsion Sales in Volume by Country (2024-2029)
8.2.2 Latin America Marine Propulsion Sales in Value by Country (2024-2029)
9 Middle East and Africa Marine Propulsion by Country
9.1 Middle East and Africa Marine Propulsion Historic Market Size by Country
9.1.1 Middle East and Africa Marine Propulsion Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Marine Propulsion Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Marine Propulsion Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Marine Propulsion Forecasted Market Size by Country
9.2.1 Middle East and Africa Marine Propulsion Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Marine Propulsion Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Cummins
10.1.1 Cummins Company Information
10.1.2 Cummins Introduction and Business Overview
10.1.3 Cummins Marine Propulsion Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Cummins Marine Propulsion Products Offered
10.1.5 Cummins Recent Development
10.2 Caterpillar
10.2.1 Caterpillar Company Information
10.2.2 Caterpillar Introduction and Business Overview
10.2.3 Caterpillar Marine Propulsion Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Caterpillar Marine Propulsion Products Offered
10.2.5 Caterpillar Recent Development
10.3 AB Volvo Penta
10.3.1 AB Volvo Penta Company Information
10.3.2 AB Volvo Penta Introduction and Business Overview
10.3.3 AB Volvo Penta Marine Propulsion Sales, Revenue and Gross Margin (2018-2023)
10.3.4 AB Volvo Penta Marine Propulsion Products Offered
10.3.5 AB Volvo Penta Recent Development
10.4 BAE Systems
10.4.1 BAE Systems Company Information
10.4.2 BAE Systems Introduction and Business Overview
10.4.3 BAE Systems Marine Propulsion Sales, Revenue and Gross Margin (2018-2023)
10.4.4 BAE Systems Marine Propulsion Products Offered
10.4.5 BAE Systems Recent Development
10.5 Wärtsilä
10.5.1 Wärtsilä Company Information
10.5.2 Wärtsilä Introduction and Business Overview
10.5.3 Wärtsilä Marine Propulsion Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Wärtsilä Marine Propulsion Products Offered
10.5.5 Wärtsilä Recent Development
10.6 Rolls Royce
10.6.1 Rolls Royce Company Information
10.6.2 Rolls Royce Introduction and Business Overview
10.6.3 Rolls Royce Marine Propulsion Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Rolls Royce Marine Propulsion Products Offered
10.6.5 Rolls Royce Recent Development
10.7 Niigata Power Systems
10.7.1 Niigata Power Systems Company Information
10.7.2 Niigata Power Systems Introduction and Business Overview
10.7.3 Niigata Power Systems Marine Propulsion Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Niigata Power Systems Marine Propulsion Products Offered
10.7.5 Niigata Power Systems Recent Development
10.8 Fairbanks Morse Engine
10.8.1 Fairbanks Morse Engine Company Information
10.8.2 Fairbanks Morse Engine Introduction and Business Overview
10.8.3 Fairbanks Morse Engine Marine Propulsion Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Fairbanks Morse Engine Marine Propulsion Products Offered
10.8.5 Fairbanks Morse Engine Recent Development
10.9 Masson-Marine
10.9.1 Masson-Marine Company Information
10.9.2 Masson-Marine Introduction and Business Overview
10.9.3 Masson-Marine Marine Propulsion Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Masson-Marine Marine Propulsion Products Offered
10.9.5 Masson-Marine Recent Development
10.10 GE
10.10.1 GE Company Information
10.10.2 GE Introduction and Business Overview
10.10.3 GE Marine Propulsion Sales, Revenue and Gross Margin (2018-2023)
10.10.4 GE Marine Propulsion Products Offered
10.10.5 GE Recent Development
10.11 STEYR MOTORS
10.11.1 STEYR MOTORS Company Information
10.11.2 STEYR MOTORS Introduction and Business Overview
10.11.3 STEYR MOTORS Marine Propulsion Sales, Revenue and Gross Margin (2018-2023)
10.11.4 STEYR MOTORS Marine Propulsion Products Offered
10.11.5 STEYR MOTORS Recent Development
10.12 MAN Diesel & Turbo
10.12.1 MAN Diesel & Turbo Company Information
10.12.2 MAN Diesel & Turbo Introduction and Business Overview
10.12.3 MAN Diesel & Turbo Marine Propulsion Sales, Revenue and Gross Margin (2018-2023)
10.12.4 MAN Diesel & Turbo Marine Propulsion Products Offered
10.12.5 MAN Diesel & Turbo Recent Development
10.13 Torqeedo
10.13.1 Torqeedo Company Information
10.13.2 Torqeedo Introduction and Business Overview
10.13.3 Torqeedo Marine Propulsion Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Torqeedo Marine Propulsion Products Offered
10.13.5 Torqeedo Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Marine Propulsion 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 Propulsion Industrial Chain Analysis
11.4 Marine Propulsion Market Dynamics
11.4.1 Marine Propulsion Industry Trends
11.4.2 Marine Propulsion Market Drivers
11.4.3 Marine Propulsion Market Challenges
11.4.4 Marine Propulsion Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Marine Propulsion Distributors
12.3 Marine Propulsion 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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