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Marine Engines Market - Global Forecast 2026-2032- Product Image
Marine Engines Market - Global Forecast 2026-2032- Product Image
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Marine Engines Market - Global Forecast 2026-2032

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    Report

  • 194 Pages
  • January 2026
  • Region: Global
  • 360iResearch™
  • ID: 4896735
1h Free Analyst Time
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The marine engines market is reshaping global fleet operations as industry leaders respond to evolving regulation, innovative propulsion technologies, and heightened supply chain challenges. Senior executives are focused on sustaining resilience and operational agility amid changing standards and business models.

Market Snapshot: Marine Engines Market Growth and Outlook

The marine engines market expanded from USD 13.17 billion in 2025 to USD 13.89 billion in 2026, and is forecast to reach USD 20.94 billion by 2032, with a compound annual growth rate of 6.84%. This upward trajectory is driven by the growing integration of hybrid and electric propulsion systems, advanced digital controls, and agile supply chain methodologies. Stakeholders are modifying product and service strategies to capitalize on regional shifts in vessel construction standards, expanding their responsiveness to evolving industry requirements and operational priorities. Enhanced market adaptability remains critical for enduring success.

Scope & Segmentation

  • Product Types: Inboard engines provide durable, high-density power for large vessels. Outboard engines leverage advancements in electronics and lightweight materials to improve efficiency. Jet and stern drive systems address niche requirements in specialized marine segments.
  • Fuel Choices: Diesel engines continue to anchor commercial and long-range operations, while gasoline engines excel in recreational and light-duty uses. Electric and hybrid drives are gaining traction as battery systems and supporting infrastructure mature.
  • Application Needs: Commercial vessels prioritize reliability and performance throughout the lifecycle. Fishing craft require robust construction and simplified maintenance. Military buyers focus on security and integration, while recreational operators seek low-noise, user-friendly engine solutions.
  • Distribution Pathways: Aftermarket networks deliver essential parts, maintenance, and retrofitting to extend fleet value. OEM channels meet new build requirements with integrated warranties and configuration flexibility.
  • Regional Markets: The Americas benefit from modular marine engine designs that align with diverse regulatory frameworks. Europe, the Middle East, and Africa face rising environmental and defense imperatives, influencing fleet modernization. Asia-Pacific emphasizes fleet expansion, localization through regional partnerships, and a wide variety of vessel classes across the market.
  • Technologies: Hybrid and electric propulsion see increased adoption, underpinned by digital engine controls, predictive maintenance solutions, modular hardware, and advanced composite materials—each enhancing efficiency and reliability across marine engine platforms.

Key Takeaways for Senior Decision-Makers

  • Electrification and digitalization trends are prompting targeted investments in hybrid propulsion and digital business models for greater operational flexibility.
  • More stringent emissions regulations are spurring adoption of alternative fuels and comprehensive compliance programs in both new build and retrofit applications.
  • Ongoing supply chain volatility is accelerating the strategic shift to supplier base diversification, nearshoring of production, and risk mitigation via modular engine architectures.
  • Fleet renewal and retrofit initiatives are intensifying, particularly in regions with strong environmental policies and regulatory oversight, impacting procurement strategies.
  • Deeper integration of propulsion, onboard energy storage, and advanced software is unlocking market opportunities for both new entrants and established OEMs seeking to deliver next-generation propulsion solutions.
  • Adoption of remote diagnostics and condition-driven maintenance is transforming aftermarket services, boosting asset uptime and enabling recurring value streams for service providers.

Tariff Impact: Strategic Response to U.S. Tariff Measures

U.S. tariffs introduced in 2025 have significantly reshaped sourcing and procurement in the marine engines sector. Increased component costs are driving OEMs toward nearshoring, diversifying suppliers, and localizing manufacturing to protect operational margins. Use of contractual tools like pass-through pricing and multi-supplier requirements is now standard to manage risk and maintain project schedules. Modularity in product design proves essential for navigating single-source supply risks. As organizations transition, fluctuating lead times and increased emphasis on supply chain transparency demand a proactive approach from senior management overseeing diverse portfolios.

Methodology & Data Sources

This research employs a comprehensive mixed-methods approach, combining primary interviews with OEM leaders, fleet managers, and system integrators. The study also analyzes engineering literature, regulatory documents, and supply chain analytics—including tariff and customs reviews—to assess market dynamics. Regional comparative analysis incorporates infrastructure and service network readiness, providing actionable intelligence across all market segments.

Why This Report Matters

  • Equips senior leaders with targeted, actionable insights for managing technological, regulatory, and supply chain challenges in the marine engines market.
  • Supports strategic decision-making for investments and operations by mapping demand shifts, regional market structures, and the growing influence of electrification and digitalization.
  • Advises OEMs and aftermarket providers on effective risk management and modular design adoption, maximizing opportunities from digital service offerings and recurring revenue streams.

Conclusion

Sustained competitiveness in the marine engines sector requires adaptive design, robust procurement processes, and an operational focus on full lifecycle value. Aligning business strategies with ongoing regulatory, technological, and supply chain trends positions organizations for continued leadership and long-term market success.

 

Additional Product Information:

  • Purchase of this report includes 1 year online access with quarterly updates.
  • This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Definition
1.3. Market Segmentation & Coverage
1.4. Years Considered for the Study
1.5. Currency Considered for the Study
1.6. Language Considered for the Study
1.7. Key Stakeholders
2. Research Methodology
2.1. Introduction
2.2. Research Design
2.2.1. Primary Research
2.2.2. Secondary Research
2.3. Research Framework
2.3.1. Qualitative Analysis
2.3.2. Quantitative Analysis
2.4. Market Size Estimation
2.4.1. Top-Down Approach
2.4.2. Bottom-Up Approach
2.5. Data Triangulation
2.6. Research Outcomes
2.7. Research Assumptions
2.8. Research Limitations
3. Executive Summary
3.1. Introduction
3.2. CXO Perspective
3.3. Market Size & Growth Trends
3.4. Market Share Analysis, 2025
3.5. FPNV Positioning Matrix, 2025
3.6. New Revenue Opportunities
3.7. Next-Generation Business Models
3.8. Industry Roadmap
4. Market Overview
4.1. Introduction
4.2. Industry Ecosystem & Value Chain Analysis
4.2.1. Supply-Side Analysis
4.2.2. Demand-Side Analysis
4.2.3. Stakeholder Analysis
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Market Outlook
4.5.1. Near-Term Market Outlook (0-2 Years)
4.5.2. Medium-Term Market Outlook (3-5 Years)
4.5.3. Long-Term Market Outlook (5-10 Years)
4.6. Go-to-Market Strategy
5. Market Insights
5.1. Consumer Insights & End-User Perspective
5.2. Consumer Experience Benchmarking
5.3. Opportunity Mapping
5.4. Distribution Channel Analysis
5.5. Pricing Trend Analysis
5.6. Regulatory Compliance & Standards Framework
5.7. ESG & Sustainability Analysis
5.8. Disruption & Risk Scenarios
5.9. Return on Investment & Cost-Benefit Analysis
6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025
8. Marine Engines Market, by Product Type
8.1. Inboard
8.2. Jet Drive
8.3. Outboard
8.4. Stern Drive
9. Marine Engines Market, by Fuel Type
9.1. Diesel
9.2. Electric
9.3. Gasoline
10. Marine Engines Market, by Application
10.1. Commercial
10.2. Fishing
10.3. Military
10.4. Recreational
11. Marine Engines Market, by Distribution Channel
11.1. Aftermarket
11.2. OEM
12. Marine Engines Market, by Region
12.1. Americas
12.1.1. North America
12.1.2. Latin America
12.2. Europe, Middle East & Africa
12.2.1. Europe
12.2.2. Middle East
12.2.3. Africa
12.3. Asia-Pacific
13. Marine Engines Market, by Group
13.1. ASEAN
13.2. GCC
13.3. European Union
13.4. BRICS
13.5. G7
13.6. NATO
14. Marine Engines Market, by Country
14.1. United States
14.2. Canada
14.3. Mexico
14.4. Brazil
14.5. United Kingdom
14.6. Germany
14.7. France
14.8. Russia
14.9. Italy
14.10. Spain
14.11. China
14.12. India
14.13. Japan
14.14. Australia
14.15. South Korea
15. United States Marine Engines Market
16. China Marine Engines Market
17. Competitive Landscape
17.1. Market Concentration Analysis, 2025
17.1.1. Concentration Ratio (CR)
17.1.2. Herfindahl Hirschman Index (HHI)
17.2. Recent Developments & Impact Analysis, 2025
17.3. Product Portfolio Analysis, 2025
17.4. Benchmarking Analysis, 2025
17.5. AB Volvo Penta
17.6. ABB Ltd
17.7. Anglo Belgian Corporation
17.8. Bergen Engines
17.9. Caterpillar Inc
17.10. CNPC Jichai Power Company Limited
17.11. Cummins Inc
17.12. Daihatsu Diesel Mfg Co Ltd
17.13. Deere & Company
17.14. DEUTZ AG
17.15. Fairbanks Morse Defense
17.16. FPT Industrial
17.17. General Electric Company
17.18. HD Hyundai Heavy Industries Co Ltd
17.19. Honda Motor Co Ltd
17.20. IHI Power Systems Co Ltd
17.21. Isuzu Motors Ltd
17.22. Kawasaki Heavy Industries Ltd
17.23. Kubota Corporation
17.24. MAN Energy Solutions SE
17.25. Mercury Marine
17.26. Mitsubishi Heavy Industries Ltd
17.27. Rolls-Royce Holdings plc
17.28. Scania AB
17.29. Weichai Holding Group Co Ltd
17.30. WinGD Winterthur Gas & Diesel Ltd
17.31. Wärtsilä Corporation
17.32. Yanmar Holdings Co Ltd
List of Figures
FIGURE 1. GLOBAL MARINE ENGINES MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 2. GLOBAL MARINE ENGINES MARKET SHARE, BY KEY PLAYER, 2025
FIGURE 3. GLOBAL MARINE ENGINES MARKET, FPNV POSITIONING MATRIX, 2025
FIGURE 4. GLOBAL MARINE ENGINES MARKET SIZE, BY PRODUCT TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 5. GLOBAL MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 6. GLOBAL MARINE ENGINES MARKET SIZE, BY APPLICATION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 7. GLOBAL MARINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 8. GLOBAL MARINE ENGINES MARKET SIZE, BY REGION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 9. GLOBAL MARINE ENGINES MARKET SIZE, BY GROUP, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 10. GLOBAL MARINE ENGINES MARKET SIZE, BY COUNTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 11. UNITED STATES MARINE ENGINES MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 12. CHINA MARINE ENGINES MARKET SIZE, 2018-2032 (USD MILLION)
List of Tables
TABLE 1. GLOBAL MARINE ENGINES MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 2. GLOBAL MARINE ENGINES MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 3. GLOBAL MARINE ENGINES MARKET SIZE, BY INBOARD, BY REGION, 2018-2032 (USD MILLION)
TABLE 4. GLOBAL MARINE ENGINES MARKET SIZE, BY INBOARD, BY GROUP, 2018-2032 (USD MILLION)
TABLE 5. GLOBAL MARINE ENGINES MARKET SIZE, BY INBOARD, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 6. GLOBAL MARINE ENGINES MARKET SIZE, BY JET DRIVE, BY REGION, 2018-2032 (USD MILLION)
TABLE 7. GLOBAL MARINE ENGINES MARKET SIZE, BY JET DRIVE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 8. GLOBAL MARINE ENGINES MARKET SIZE, BY JET DRIVE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 9. GLOBAL MARINE ENGINES MARKET SIZE, BY OUTBOARD, BY REGION, 2018-2032 (USD MILLION)
TABLE 10. GLOBAL MARINE ENGINES MARKET SIZE, BY OUTBOARD, BY GROUP, 2018-2032 (USD MILLION)
TABLE 11. GLOBAL MARINE ENGINES MARKET SIZE, BY OUTBOARD, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 12. GLOBAL MARINE ENGINES MARKET SIZE, BY STERN DRIVE, BY REGION, 2018-2032 (USD MILLION)
TABLE 13. GLOBAL MARINE ENGINES MARKET SIZE, BY STERN DRIVE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 14. GLOBAL MARINE ENGINES MARKET SIZE, BY STERN DRIVE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 15. GLOBAL MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 16. GLOBAL MARINE ENGINES MARKET SIZE, BY DIESEL, BY REGION, 2018-2032 (USD MILLION)
TABLE 17. GLOBAL MARINE ENGINES MARKET SIZE, BY DIESEL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 18. GLOBAL MARINE ENGINES MARKET SIZE, BY DIESEL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 19. GLOBAL MARINE ENGINES MARKET SIZE, BY ELECTRIC, BY REGION, 2018-2032 (USD MILLION)
TABLE 20. GLOBAL MARINE ENGINES MARKET SIZE, BY ELECTRIC, BY GROUP, 2018-2032 (USD MILLION)
TABLE 21. GLOBAL MARINE ENGINES MARKET SIZE, BY ELECTRIC, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 22. GLOBAL MARINE ENGINES MARKET SIZE, BY GASOLINE, BY REGION, 2018-2032 (USD MILLION)
TABLE 23. GLOBAL MARINE ENGINES MARKET SIZE, BY GASOLINE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 24. GLOBAL MARINE ENGINES MARKET SIZE, BY GASOLINE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 25. GLOBAL MARINE ENGINES MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 26. GLOBAL MARINE ENGINES MARKET SIZE, BY COMMERCIAL, BY REGION, 2018-2032 (USD MILLION)
TABLE 27. GLOBAL MARINE ENGINES MARKET SIZE, BY COMMERCIAL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 28. GLOBAL MARINE ENGINES MARKET SIZE, BY COMMERCIAL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 29. GLOBAL MARINE ENGINES MARKET SIZE, BY FISHING, BY REGION, 2018-2032 (USD MILLION)
TABLE 30. GLOBAL MARINE ENGINES MARKET SIZE, BY FISHING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 31. GLOBAL MARINE ENGINES MARKET SIZE, BY FISHING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 32. GLOBAL MARINE ENGINES MARKET SIZE, BY MILITARY, BY REGION, 2018-2032 (USD MILLION)
TABLE 33. GLOBAL MARINE ENGINES MARKET SIZE, BY MILITARY, BY GROUP, 2018-2032 (USD MILLION)
TABLE 34. GLOBAL MARINE ENGINES MARKET SIZE, BY MILITARY, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 35. GLOBAL MARINE ENGINES MARKET SIZE, BY RECREATIONAL, BY REGION, 2018-2032 (USD MILLION)
TABLE 36. GLOBAL MARINE ENGINES MARKET SIZE, BY RECREATIONAL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 37. GLOBAL MARINE ENGINES MARKET SIZE, BY RECREATIONAL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 38. GLOBAL MARINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 39. GLOBAL MARINE ENGINES MARKET SIZE, BY AFTERMARKET, BY REGION, 2018-2032 (USD MILLION)
TABLE 40. GLOBAL MARINE ENGINES MARKET SIZE, BY AFTERMARKET, BY GROUP, 2018-2032 (USD MILLION)
TABLE 41. GLOBAL MARINE ENGINES MARKET SIZE, BY AFTERMARKET, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 42. GLOBAL MARINE ENGINES MARKET SIZE, BY OEM, BY REGION, 2018-2032 (USD MILLION)
TABLE 43. GLOBAL MARINE ENGINES MARKET SIZE, BY OEM, BY GROUP, 2018-2032 (USD MILLION)
TABLE 44. GLOBAL MARINE ENGINES MARKET SIZE, BY OEM, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 45. GLOBAL MARINE ENGINES MARKET SIZE, BY REGION, 2018-2032 (USD MILLION)
TABLE 46. AMERICAS MARINE ENGINES MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 47. AMERICAS MARINE ENGINES MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 48. AMERICAS MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 49. AMERICAS MARINE ENGINES MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 50. AMERICAS MARINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 51. NORTH AMERICA MARINE ENGINES MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 52. NORTH AMERICA MARINE ENGINES MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 53. NORTH AMERICA MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 54. NORTH AMERICA MARINE ENGINES MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 55. NORTH AMERICA MARINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 56. LATIN AMERICA MARINE ENGINES MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 57. LATIN AMERICA MARINE ENGINES MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 58. LATIN AMERICA MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 59. LATIN AMERICA MARINE ENGINES MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 60. LATIN AMERICA MARINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 61. EUROPE, MIDDLE EAST & AFRICA MARINE ENGINES MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 62. EUROPE, MIDDLE EAST & AFRICA MARINE ENGINES MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 63. EUROPE, MIDDLE EAST & AFRICA MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 64. EUROPE, MIDDLE EAST & AFRICA MARINE ENGINES MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 65. EUROPE, MIDDLE EAST & AFRICA MARINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 66. EUROPE MARINE ENGINES MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 67. EUROPE MARINE ENGINES MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 68. EUROPE MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 69. EUROPE MARINE ENGINES MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 70. EUROPE MARINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 71. MIDDLE EAST MARINE ENGINES MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 72. MIDDLE EAST MARINE ENGINES MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 73. MIDDLE EAST MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 74. MIDDLE EAST MARINE ENGINES MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 75. MIDDLE EAST MARINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 76. AFRICA MARINE ENGINES MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 77. AFRICA MARINE ENGINES MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 78. AFRICA MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 79. AFRICA MARINE ENGINES MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 80. AFRICA MARINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 81. ASIA-PACIFIC MARINE ENGINES MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 82. ASIA-PACIFIC MARINE ENGINES MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 83. ASIA-PACIFIC MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 84. ASIA-PACIFIC MARINE ENGINES MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 85. ASIA-PACIFIC MARINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 86. GLOBAL MARINE ENGINES MARKET SIZE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 87. ASEAN MARINE ENGINES MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 88. ASEAN MARINE ENGINES MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 89. ASEAN MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 90. ASEAN MARINE ENGINES MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 91. ASEAN MARINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 92. GCC MARINE ENGINES MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 93. GCC MARINE ENGINES MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 94. GCC MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 95. GCC MARINE ENGINES MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 96. GCC MARINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 97. EUROPEAN UNION MARINE ENGINES MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 98. EUROPEAN UNION MARINE ENGINES MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 99. EUROPEAN UNION MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 100. EUROPEAN UNION MARINE ENGINES MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 101. EUROPEAN UNION MARINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 102. BRICS MARINE ENGINES MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 103. BRICS MARINE ENGINES MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 104. BRICS MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 105. BRICS MARINE ENGINES MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 106. BRICS MARINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 107. G7 MARINE ENGINES MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 108. G7 MARINE ENGINES MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 109. G7 MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 110. G7 MARINE ENGINES MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 111. G7 MARINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 112. NATO MARINE ENGINES MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 113. NATO MARINE ENGINES MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 114. NATO MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 115. NATO MARINE ENGINES MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 116. NATO MARINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 117. GLOBAL MARINE ENGINES MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 118. UNITED STATES MARINE ENGINES MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 119. UNITED STATES MARINE ENGINES MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 120. UNITED STATES MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 121. UNITED STATES MARINE ENGINES MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 122. UNITED STATES MARINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 123. CHINA MARINE ENGINES MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 124. CHINA MARINE ENGINES MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 125. CHINA MARINE ENGINES MARKET SIZE, BY FUEL TYPE, 2018-2032 (USD MILLION)
TABLE 126. CHINA MARINE ENGINES MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 127. CHINA MARINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)

Companies Mentioned

The key companies profiled in this Marine Engines market report include:
  • AB Volvo Penta
  • ABB Ltd
  • Anglo Belgian Corporation
  • Bergen Engines
  • Caterpillar Inc
  • CNPC Jichai Power Company Limited
  • Cummins Inc
  • Daihatsu Diesel Mfg Co Ltd
  • Deere & Company
  • DEUTZ AG
  • Fairbanks Morse Defense
  • FPT Industrial
  • General Electric Company
  • HD Hyundai Heavy Industries Co Ltd
  • Honda Motor Co Ltd
  • IHI Power Systems Co Ltd
  • Isuzu Motors Ltd
  • Kawasaki Heavy Industries Ltd
  • Kubota Corporation
  • MAN Energy Solutions SE
  • Mercury Marine
  • Mitsubishi Heavy Industries Ltd
  • Rolls-Royce Holdings plc
  • Scania AB
  • Weichai Holding Group Co Ltd
  • WinGD Winterthur Gas & Diesel Ltd
  • Wärtsilä Corporation
  • Yanmar Holdings Co Ltd

Table Information

Report AttributeDetails
No. of Pages194
PublishedJanuary 2026
Forecast Period2026 - 2032
Estimated Market Value ( USD ) in 2026 $ 13.89 Billion
Forecasted Market Value ( USD ) by 2032 $ 20.94 Billion
Compound Annual Growth Rate6.8%
Regions CoveredGlobal
No. of Companies Mentioned29

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About the Marine Engine Market

The Marine Engine market is a key component of the Shipbuilding and Ship Parts industry. It encompasses the production and sale of engines used in marine vessels, such as ships, boats, and submarines. These engines are typically powered by diesel, gas, or steam, and are designed to provide propulsion and power for the vessel. They are also used to generate electricity, and to provide auxiliary power for other onboard systems. The Marine Engine market is highly competitive, with a range of manufacturers offering a variety of engine types and sizes. Companies must continually innovate to stay ahead of the competition, and must also meet stringent safety and environmental regulations. Some of the major players in the Marine Engine market include Wärtsilä, MAN Energy Solutions, Caterpillar, Rolls-Royce, Mitsubishi Heavy Industries, Hyundai Heavy Industries, and Doosan Engine. Show Less Read more

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