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Marine Turbine Propulsion Engine-Global Market Insights and Sales Trends 2025
Synopsis
The global Marine Turbine Propulsion Engine market size is expected to reach US$ 3604 million by 2029, growing at a CAGR of 4.4% from 2023 to 2029. The market is mainly driven by the significant applications of Marine Turbine Propulsion Engine in various end use industries. The expanding demands from the Transport Vessels, Working Vessel, Military Vessel and Others, are propelling Marine Turbine Propulsion Engine market. Diesel Engine, 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 Gas Turbine Engine segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Marine Turbine Propulsion Engine market, driven by demand from China, the second largest economy with some signs of stabilising, the Marine Turbine Propulsion Engine 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 Turbine Propulsion Engine, 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 Turbine Propulsion Engine 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 Turbine Propulsion Engine market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Marine Turbine Propulsion Engine 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 Turbine Propulsion Engine covered in this report include GE Aviation, Kawasaki Heavy Industries, Hyundai Heavy Industries, Mitsubishi Heavy Industries, Rolls-Royce, Zorya-Mashproekt, CSIC and CSSC, etc.
The global Marine Turbine Propulsion Engine 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 Aviation
Kawasaki Heavy Industries
Hyundai Heavy Industries
Mitsubishi Heavy Industries
Rolls-Royce
Zorya-Mashproekt
CSIC
CSSC
Global Marine Turbine Propulsion Engine 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 Turbine Propulsion Engine market, Segment by Type:
Diesel Engine
Gas Turbine Engine
Steam Turbine Engine
Others
Global Marine Turbine Propulsion Engine market, by Application
Transport Vessels
Working Vessel
Military Vessel
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 Turbine Propulsion Engine manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Marine Turbine Propulsion Engine 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 Turbine Propulsion Engine market size is expected to reach US$ 3604 million by 2029, growing at a CAGR of 4.4% from 2023 to 2029. The market is mainly driven by the significant applications of Marine Turbine Propulsion Engine in various end use industries. The expanding demands from the Transport Vessels, Working Vessel, Military Vessel and Others, are propelling Marine Turbine Propulsion Engine market. Diesel Engine, 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 Gas Turbine Engine segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Marine Turbine Propulsion Engine market, driven by demand from China, the second largest economy with some signs of stabilising, the Marine Turbine Propulsion Engine 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 Turbine Propulsion Engine, 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 Turbine Propulsion Engine 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 Turbine Propulsion Engine market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Marine Turbine Propulsion Engine 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 Turbine Propulsion Engine covered in this report include GE Aviation, Kawasaki Heavy Industries, Hyundai Heavy Industries, Mitsubishi Heavy Industries, Rolls-Royce, Zorya-Mashproekt, CSIC and CSSC, etc.
The global Marine Turbine Propulsion Engine 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 Aviation
Kawasaki Heavy Industries
Hyundai Heavy Industries
Mitsubishi Heavy Industries
Rolls-Royce
Zorya-Mashproekt
CSIC
CSSC
Global Marine Turbine Propulsion Engine 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 Turbine Propulsion Engine market, Segment by Type:
Diesel Engine
Gas Turbine Engine
Steam Turbine Engine
Others
Global Marine Turbine Propulsion Engine market, by Application
Transport Vessels
Working Vessel
Military Vessel
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 Turbine Propulsion Engine manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Marine Turbine Propulsion Engine 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 Turbine Propulsion Engine Market Overview
1.1 Marine Turbine Propulsion Engine Product Overview
1.2 Marine Turbine Propulsion Engine Market Segment by Type
1.2.1 Diesel Engine
1.2.2 Gas Turbine Engine
1.2.3 Steam Turbine Engine
1.2.4 Others
1.3 Global Marine Turbine Propulsion Engine Market Size by Type
1.3.1 Global Marine Turbine Propulsion Engine Market Size Overview by Type (2018-2029)
1.3.2 Global Marine Turbine Propulsion Engine Historic Market Size Review by Type (2018-2023)
1.3.3 Global Marine Turbine Propulsion Engine Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Marine Turbine Propulsion Engine Sales Breakdown by Type (2018-2023)
1.4.2 Europe Marine Turbine Propulsion Engine Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Marine Turbine Propulsion Engine Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Marine Turbine Propulsion Engine Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Marine Turbine Propulsion Engine Sales Breakdown by Type (2018-2023)
2 Global Marine Turbine Propulsion Engine Market Competition by Company
2.1 Global Top Players by Marine Turbine Propulsion Engine Sales (2018-2023)
2.2 Global Top Players by Marine Turbine Propulsion Engine Revenue (2018-2023)
2.3 Global Top Players by Marine Turbine Propulsion Engine Price (2018-2023)
2.4 Global Top Manufacturers Marine Turbine Propulsion Engine Manufacturing Base Distribution, Sales Area, Product Type
2.5 Marine Turbine Propulsion Engine Market Competitive Situation and Trends
2.5.1 Marine Turbine Propulsion Engine Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Marine Turbine Propulsion Engine 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 Turbine Propulsion Engine as of 2022)
2.7 Date of Key Manufacturers Enter into Marine Turbine Propulsion Engine Market
2.8 Key Manufacturers Marine Turbine Propulsion Engine Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Marine Turbine Propulsion Engine Status and Outlook by Region
3.1 Global Marine Turbine Propulsion Engine Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Marine Turbine Propulsion Engine Historic Market Size by Region
3.2.1 Global Marine Turbine Propulsion Engine Sales in Volume by Region (2018-2023)
3.2.2 Global Marine Turbine Propulsion Engine Sales in Value by Region (2018-2023)
3.2.3 Global Marine Turbine Propulsion Engine Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Marine Turbine Propulsion Engine Forecasted Market Size by Region
3.3.1 Global Marine Turbine Propulsion Engine Sales in Volume by Region (2024-2029)
3.3.2 Global Marine Turbine Propulsion Engine Sales in Value by Region (2024-2029)
3.3.3 Global Marine Turbine Propulsion Engine Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Marine Turbine Propulsion Engine by Application
4.1 Marine Turbine Propulsion Engine Market Segment by Application
4.1.1 Transport Vessels
4.1.2 Working Vessel
4.1.3 Military Vessel
4.1.4 Others
4.2 Global Marine Turbine Propulsion Engine Market Size by Application
4.2.1 Global Marine Turbine Propulsion Engine Market Size Overview by Application (2018-2029)
4.2.2 Global Marine Turbine Propulsion Engine Historic Market Size Review by Application (2018-2023)
4.2.3 Global Marine Turbine Propulsion Engine Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Marine Turbine Propulsion Engine Sales Breakdown by Application (2018-2023)
4.3.2 Europe Marine Turbine Propulsion Engine Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Marine Turbine Propulsion Engine Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Marine Turbine Propulsion Engine Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Marine Turbine Propulsion Engine Sales Breakdown by Application (2018-2023)
5 North America Marine Turbine Propulsion Engine by Country
5.1 North America Marine Turbine Propulsion Engine Historic Market Size by Country
5.1.1 North America Marine Turbine Propulsion Engine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Marine Turbine Propulsion Engine Sales in Volume by Country (2018-2023)
5.1.3 North America Marine Turbine Propulsion Engine Sales in Value by Country (2018-2023)
5.2 North America Marine Turbine Propulsion Engine Forecasted Market Size by Country
5.2.1 North America Marine Turbine Propulsion Engine Sales in Volume by Country (2024-2029)
5.2.2 North America Marine Turbine Propulsion Engine Sales in Value by Country (2024-2029)
6 Europe Marine Turbine Propulsion Engine by Country
6.1 Europe Marine Turbine Propulsion Engine Historic Market Size by Country
6.1.1 Europe Marine Turbine Propulsion Engine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Marine Turbine Propulsion Engine Sales in Volume by Country (2018-2023)
6.1.3 Europe Marine Turbine Propulsion Engine Sales in Value by Country (2018-2023)
6.2 Europe Marine Turbine Propulsion Engine Forecasted Market Size by Country
6.2.1 Europe Marine Turbine Propulsion Engine Sales in Volume by Country (2024-2029)
6.2.2 Europe Marine Turbine Propulsion Engine Sales in Value by Country (2024-2029)
7 Asia-Pacific Marine Turbine Propulsion Engine by Region
7.1 Asia-Pacific Marine Turbine Propulsion Engine Historic Market Size by Region
7.1.1 Asia-Pacific Marine Turbine Propulsion Engine Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Marine Turbine Propulsion Engine Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Marine Turbine Propulsion Engine Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Marine Turbine Propulsion Engine Forecasted Market Size by Region
7.2.1 Asia-Pacific Marine Turbine Propulsion Engine Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Marine Turbine Propulsion Engine Sales in Value by Region (2024-2029)
8 Latin America Marine Turbine Propulsion Engine by Country
8.1 Latin America Marine Turbine Propulsion Engine Historic Market Size by Country
8.1.1 Latin America Marine Turbine Propulsion Engine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Marine Turbine Propulsion Engine Sales in Volume by Country (2018-2023)
8.1.3 Latin America Marine Turbine Propulsion Engine Sales in Value by Country (2018-2023)
8.2 Latin America Marine Turbine Propulsion Engine Forecasted Market Size by Country
8.2.1 Latin America Marine Turbine Propulsion Engine Sales in Volume by Country (2024-2029)
8.2.2 Latin America Marine Turbine Propulsion Engine Sales in Value by Country (2024-2029)
9 Middle East and Africa Marine Turbine Propulsion Engine by Country
9.1 Middle East and Africa Marine Turbine Propulsion Engine Historic Market Size by Country
9.1.1 Middle East and Africa Marine Turbine Propulsion Engine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Marine Turbine Propulsion Engine Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Marine Turbine Propulsion Engine Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Marine Turbine Propulsion Engine Forecasted Market Size by Country
9.2.1 Middle East and Africa Marine Turbine Propulsion Engine Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Marine Turbine Propulsion Engine Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 GE Aviation
10.1.1 GE Aviation Company Information
10.1.2 GE Aviation Introduction and Business Overview
10.1.3 GE Aviation Marine Turbine Propulsion Engine Sales, Revenue and Gross Margin (2018-2023)
10.1.4 GE Aviation Marine Turbine Propulsion Engine Products Offered
10.1.5 GE Aviation Recent Development
10.2 Kawasaki Heavy Industries
10.2.1 Kawasaki Heavy Industries Company Information
10.2.2 Kawasaki Heavy Industries Introduction and Business Overview
10.2.3 Kawasaki Heavy Industries Marine Turbine Propulsion Engine Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Kawasaki Heavy Industries Marine Turbine Propulsion Engine Products Offered
10.2.5 Kawasaki Heavy Industries Recent Development
10.3 Hyundai Heavy Industries
10.3.1 Hyundai Heavy Industries Company Information
10.3.2 Hyundai Heavy Industries Introduction and Business Overview
10.3.3 Hyundai Heavy Industries Marine Turbine Propulsion Engine Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Hyundai Heavy Industries Marine Turbine Propulsion Engine Products Offered
10.3.5 Hyundai Heavy Industries Recent Development
10.4 Mitsubishi Heavy Industries
10.4.1 Mitsubishi Heavy Industries Company Information
10.4.2 Mitsubishi Heavy Industries Introduction and Business Overview
10.4.3 Mitsubishi Heavy Industries Marine Turbine Propulsion Engine Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Mitsubishi Heavy Industries Marine Turbine Propulsion Engine Products Offered
10.4.5 Mitsubishi Heavy Industries Recent Development
10.5 Rolls-Royce
10.5.1 Rolls-Royce Company Information
10.5.2 Rolls-Royce Introduction and Business Overview
10.5.3 Rolls-Royce Marine Turbine Propulsion Engine Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Rolls-Royce Marine Turbine Propulsion Engine Products Offered
10.5.5 Rolls-Royce Recent Development
10.6 Zorya-Mashproekt
10.6.1 Zorya-Mashproekt Company Information
10.6.2 Zorya-Mashproekt Introduction and Business Overview
10.6.3 Zorya-Mashproekt Marine Turbine Propulsion Engine Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Zorya-Mashproekt Marine Turbine Propulsion Engine Products Offered
10.6.5 Zorya-Mashproekt Recent Development
10.7 CSIC
10.7.1 CSIC Company Information
10.7.2 CSIC Introduction and Business Overview
10.7.3 CSIC Marine Turbine Propulsion Engine Sales, Revenue and Gross Margin (2018-2023)
10.7.4 CSIC Marine Turbine Propulsion Engine Products Offered
10.7.5 CSIC Recent Development
10.8 CSSC
10.8.1 CSSC Company Information
10.8.2 CSSC Introduction and Business Overview
10.8.3 CSSC Marine Turbine Propulsion Engine Sales, Revenue and Gross Margin (2018-2023)
10.8.4 CSSC Marine Turbine Propulsion Engine Products Offered
10.8.5 CSSC Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Marine Turbine Propulsion Engine 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 Turbine Propulsion Engine Industrial Chain Analysis
11.4 Marine Turbine Propulsion Engine Market Dynamics
11.4.1 Marine Turbine Propulsion Engine Industry Trends
11.4.2 Marine Turbine Propulsion Engine Market Drivers
11.4.3 Marine Turbine Propulsion Engine Market Challenges
11.4.4 Marine Turbine Propulsion Engine Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Marine Turbine Propulsion Engine Distributors
12.3 Marine Turbine Propulsion Engine 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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