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Marine Gensets - Global Strategic Business Report

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    Report

  • 455 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4805231
The global market for Marine Gensets is estimated at US$5.3 Billion in 2023 and is projected to reach US$7 Billion by 2030, growing at a CAGR of 3.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Regional Analysis: Gain insights into the U.S. market, estimated at $1.1 Billion in 2023, and China, forecasted to grow at an impressive 4.8% CAGR to reach $1.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Marine Gensets Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Marine Gensets Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Marine Gensets Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as ABB Ltd., Caterpillar, Inc., Cummins, Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 114 Featured):

  • ABB Ltd.
  • Caterpillar, Inc.
  • Cummins, Inc.
  • Deere & Company
  • Ashok Leyland Ltd.
  • Generac Power Systems, Inc.
  • Daihatsu Diesel Mfg. Co., Ltd.
  • Fischer Panda GmbH
  • Gamesa Electric
  • GE`s Power Conversion
  • EthosEnergy
  • Genesal Energy
  • Anglo Belgian Corp. NV
  • Guangdong Honny Power-Tech Co., Ltd.
  • COELMO spa

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Impact of COVID-19 Pandemic and Looming Global Recession
  • Prolonged Pandemic, Ukraine-Russia Conflict and Ensuing Economic Disruptions Impact Growth Outlook
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 through 2024
  • Severe Impact of Pandemic on Supply Chain Networks Derails Market Momentum
  • Global Marine Gensets Market under the COVID-19 Lens
  • Sales of Recreational Boats, Watercrafts & Yachts Slump Impacting the Value Chain
  • Leisure Marine Industry amid COVID-19 Pandemic
  • Competitive Scenario
  • Marine Gensets - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Marine Gensets: Delivering Required Thrust to Marine Transportation
  • Marine Gensets Market: Prospects and Outlook
  • Post Pandemic Rebounding of the Shipbuilding Industry Offers Strong Hope
  • Key Challenges Impacting Industry Growth
  • Commercial Vessels Segment Poised for High Growth
  • Global Marine Gensets Market by Vessel Type (2024 & 2030): Percentage Breakdown of Sales for Commercial Vessels, Defense Vessels, Offshore Support Vessels, and Other Vessel Types
  • Diesel Fuel Dominates Market
  • Global Marine Gensets Market by Fuel (2024 & 2030): Percentage Breakdown of Sales for Diesel Fuel, Gas Fuel, and Hybrid Fuel
  • Asian Economies to Spearhead Future Growth
  • World Marine Gensets Market by Region (2024 & 2030): Percentage Breakdown of Sales for Developed and Developing Regions
  • World Marine Gensets Market - Geographic Regions Ranked by CAGR (Value Sales) for 2023-2030: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Europe, Japan, and Canada
  • An Introduction to Marine Gensets
  • Primary Factors Influencing Selection of Prudent & Right Marine Generator
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Marine Gensets Market Sails Ahoy & Rides the Great Wave of Proliferating Demand
  • Steady Growth in Seaborne Trade Volumes Drives Demand for Marine Gensets
  • Seaborne Trade Outlook: Projected Seaborne Trade Volume in Billion Tons for the Years 2025, 2030 and 2035
  • Rising Commercial Maritime Activity: Opportunity Indicator for Marine Gensets for Merchant Ships
  • Rise in Number of Container Ships and Gas Carrier Marine Freight Worldwide: An Opportunity for the Market
  • Percentage Share Breakdown of World Fleet in Dead-Weight Tonnage by Principal Vessel Type: 2018 & 2024E
  • Global Merchant Fleet by Flag of Registration for the Years 2012, 2015, 2018, 2021 and 2024E
  • Naval Ships: Geopolitical Conflicts & Quest for Military Supremacy Widen the Business Case
  • Healthy Defense Spending to Amplify the Need for Naval Ship Gensets: Projected Defense Budget (In US$ Billion) for the Years 2019, 2021 and 2023E
  • Shipbuilding Activity Trends Influence Dynamics of Marine Gensets Market
  • Expected Growth in Demand for Superyachts Post Pandemic to Benefit Boat Manufacturing Activities
  • Expected Gains in Yacht Building to Benefit OE Suppliers of Gensets: Global Number of Superyachts 100 FT or Larger (In Units) for Years 2017, 2019, 2022 & 2024E
  • Select Popular Boat Generators
  • Offshore E&P Projects and Offshore Wind Projects Drive Demand for Marine Gensets Used in OSVs
  • Offshore Exploration & Production Capital Expenditure in US$ Billion for 2019, 2022 and 2025F
  • Offshore Wind Power Capacity in GW for the Years 2018, 2020, 2022 and 2024E
  • Marine Gensets Market Stands to Gain from Prevailing Scenario in the FPSO Industry
  • A Snapshot of Select Major Under Construction FPSO Projects Worldwide
  • Expanding Fleet of High-Value Pleasure Vessels Presents Favorable Outlook for Marine Gensets Market
  • Global Luxury Yacht Market (In US$ Billion) for the Years 2018, 2021 and 2024E
  • Total Number of Cruise Ships in Service for the Years 2019, 2020, 2023 & 2026F
  • How Tourism & Leisure Industry Is Impacted by the Pandemic & What’s the New Normal?
  • Global Tourism Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025F
  • Superyachts Cruise Ahead Swiftly with Advances in Marine Generator Technology
  • Hydroelectric Generators for Yachts Boast Smart Functions & Green Credentials
  • Demand Rises for Hybrid-Fuel Powered Marine Gensets
  • Variable Speed Generators, a Simple Yet Potent Technology to Achieve Energy Savings
  • Relation Between Speed and Torque & Its Importance in Energy Efficiency
  • Advancements in Marine Generators: A Review
  • Kohler Develops Low CO Gasoline Marine Generator
  • Growing Demand for Power in New Age Boats Throws Spotlight on Designing of Efficient Gensets
  • Manufacturers Introduce Generators with Ignition-Protected Starters
  • Rise in Use of Permanent Magnets in Generator Designs
  • Advanced Electronic Control to Make Marine Diesel Gensets Competitive
  • Magnet Shaft Generator Technology
  • Variable Speed Generators for Commercial Ships
  • Enhancing Comfort and Safety on Recreational Boats
  • Stringent Environmental Regulations: A Major Market Deterrent for Diesel Gensets
  • Pollutant Emissions from Diesel Engines: A Review
  • Unique Challenges Encountered by Marine Gensets
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Marine Gensets Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Marine Gensets by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Marine Gensets by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Marine Gensets by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Commercial Vessels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Commercial Vessels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Commercial Vessels by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Defense Vessels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Defense Vessels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Defense Vessels by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Offshore Support Vessels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Offshore Support Vessels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Offshore Support Vessels by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Other Vessel Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Other Vessel Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for Other Vessel Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Diesel Fuel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Diesel Fuel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Diesel Fuel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Gas Fuel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Gas Fuel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Gas Fuel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Hybrid Fuel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Hybrid Fuel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Hybrid Fuel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Marine Gensets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Marine Gensets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Marine Gensets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Marine Gensets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Marine Gensets Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAMIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • Caterpillar, Inc.
  • Cummins, Inc.
  • Deere & Company
  • Ashok Leyland Ltd.
  • Generac Power Systems, Inc.
  • Daihatsu Diesel Mfg. Co., Ltd.
  • Fischer Panda GmbH
  • Gamesa Electric
  • GE`s Power Conversion
  • EthosEnergy
  • Genesal Energy
  • Anglo Belgian Corp. NV
  • Guangdong Honny Power-Tech Co., Ltd.
  • COELMO spa

Table Information