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Marine Propulsion Engines - Global Market Trajectory & Analytics

  • ID: 5030108
  • Report
  • July 2020
  • Region: Global
  • 185 pages
  • Global Industry Analysts, Inc
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Global Marine Propulsion Engines Market to Reach US$12.2 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Marine Propulsion Engines estimated at US$10.2 Billion in the year 2020, is projected to reach a revised size of US$12.2 Billion by 2027, growing at a CAGR of 2.6% over the analysis period 2020-2027.Diesel, one of the segments analyzed in the report, is projected to grow at a 2.4% CAGR to reach US$7.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Gas Turbine segment is readjusted to a revised 2.7% CAGR for the next 7-year period. This segment currently accounts for a 9.9% share of the global Marine Propulsion Engines market.

The U. S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 4.8% CAGR for the Period of 2020-2027

The Marine Propulsion Engines market in the U. S. is estimated at US$2.8 Billion in the year 2020. The country currently accounts for a 27.05% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$2.4 Billion in the year 2027 trailing a CAGR of 4.8% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR while Rest of European market (as defined in the study) will reach US$2.4 Billion by the year 2027.

Other Segments Segment Corners a 27.9% Share in 2020

In the global Other Segments segment, USA, Canada, Japan, China and Europe will drive the 2.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.2 Billion in the year 2020 will reach a projected size of US$2.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.7 Billion by the year 2027, while Latin America will expand at a 3.9% CAGR through the analysis period. The publisher brings years of research experience to this 9th edition of our report. The 185-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others
  • Caterpillar, Inc.
  • Cummins, Inc.
  • Daihatsu Diesel Mfg. Co., Ltd.
  • Fairbanks Morse
  • Hyundai Heavy Industries Co., Ltd.
  • MAN Diesel & Turbo SE
  • Masson Marine SAS
  • Mitsubishi Heavy Industries Ltd.
  • Nigata Power Systems Co., Ltd.
  • Rolls-Royce Holdings PLC
  • Scania AB
  • Wartsila Corporation
  • Yanmar Co., Ltd.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares

Marine Propulsion Engine Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: Marine Propulsion Engines Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Marine Propulsion Engines Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
TABLE 3: Marine Propulsion Engines Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
TABLE 4: Diesel (Segment) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 5: Diesel (Segment) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
TABLE 6: Diesel (Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 7: Gas Turbine (Segment) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 8: Gas Turbine (Segment) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
TABLE 9: Gas Turbine (Segment) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
TABLE 10: Other Segments (Segment) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
TABLE 11: Other Segments (Segment) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
TABLE 12: Other Segments (Segment) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Marine Propulsion Engine Market Share (in %) by Company: 2019 & 2025

Market Analytics
TABLE 13: United States Marine Propulsion Engines Market Estimates and Projections in US$ Million by Segment: 2020 to 2027
TABLE 14: Marine Propulsion Engines Market in the United States by Segment: A Historic Review in US$ Million for 2012-2019
TABLE 15: United States Marine Propulsion Engines Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

CANADA

TABLE 16: Canadian Marine Propulsion Engines Market Estimates and Forecasts in US$ Million by Segment: 2020 to 2027
TABLE 17: Canadian Marine Propulsion Engines Historic Market Review by Segment in US$ Million: 2012-2019
TABLE 18: Marine Propulsion Engines Market in Canada: Percentage Share Breakdown of Sales by Segment for 2012, 2020, and 2027

JAPAN

TABLE 19: Japanese Market for Marine Propulsion Engines: Annual Sales Estimates and Projections in US$ Million by Segment for the Period 2020-2027
TABLE 20: Marine Propulsion Engines Market in Japan: Historic Sales Analysis in US$ Million by Segment for the Period 2012-2019
TABLE 21: Japanese Marine Propulsion Engines Market Share Analysis by Segment: 2012 VS 2020 VS 2027

CHINA

TABLE 22: Chinese Marine Propulsion Engines Market Growth Prospects in US$ Million by Segment for the Period 2020-2027
TABLE 23: Marine Propulsion Engines Historic Market Analysis in China in US$ Million by Segment: 2012-2019
TABLE 24: Chinese Marine Propulsion Engines Market by Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

EUROPE

Market Facts & Figures

European Marine Propulsion Engine Market: Competitor Market Share Scenario (in %) for 2019 & 2025

Market Analytics
TABLE 25: European Marine Propulsion Engines Market Demand Scenario in US$ Million by Region/Country: 2020-2027
TABLE 26: Marine Propulsion Engines Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
TABLE 27: European Marine Propulsion Engines Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
TABLE 28: European Marine Propulsion Engines Market Estimates and Forecasts in US$ Million by Segment: 2020-2027
TABLE 29: Marine Propulsion Engines Market in Europe in US$ Million by Segment: A Historic Review for the Period 2012-2019
TABLE 30: European Marine Propulsion Engines Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

FRANCE

TABLE 31: Marine Propulsion Engines Market in France by Segment: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 32: French Marine Propulsion Engines Historic Market Scenario in US$ Million by Segment: 2012-2019
TABLE 33: French Marine Propulsion Engines Market Share Analysis by Segment: 2012 VS 2020 VS 2027

GERMANY

TABLE 34: Marine Propulsion Engines Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
TABLE 35: German Marine Propulsion Engines Historic Market Analysis in US$ Million by Segment: 2012-2019
TABLE 36: German Marine Propulsion Engines Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

ITALY

TABLE 37: Italian Marine Propulsion Engines Market Growth Prospects in US$ Million by Segment for the Period 2020-2027
TABLE 38: Marine Propulsion Engines Historic Market Analysis in Italy in US$ Million by Segment: 2012-2019
TABLE 39: Italian Marine Propulsion Engines Market by Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED KINGDOM

TABLE 40: United Kingdom Market for Marine Propulsion Engines: Annual Sales Estimates and Projections in US$ Million by Segment for the Period 2020-2027
TABLE 41: Marine Propulsion Engines Market in the United Kingdom: Historic Sales Analysis in US$ Million by Segment for the Period 2012-2019
TABLE 42: United Kingdom Marine Propulsion Engines Market Share Analysis by Segment: 2012 VS 2020 VS 2027

SPAIN

TABLE 43: Spanish Marine Propulsion Engines Market Estimates and Forecasts in US$ Million by Segment: 2020 to 2027
TABLE 44: Spanish Marine Propulsion Engines Historic Market Review by Segment in US$ Million: 2012-2019
TABLE 45: Marine Propulsion Engines Market in Spain: Percentage Share Breakdown of Sales by Segment for 2012, 2020, and 2027

RUSSIA

TABLE 46: Russian Marine Propulsion Engines Market Estimates and Projections in US$ Million by Segment: 2020 to 2027
TABLE 47: Marine Propulsion Engines Market in Russia by Segment: A Historic Review in US$ Million for 2012-2019
TABLE 48: Russian Marine Propulsion Engines Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

REST OF EUROPE

TABLE 49: Rest of Europe Marine Propulsion Engines Market Estimates and Forecasts in US$ Million by Segment: 2020-2027
TABLE 50: Marine Propulsion Engines Market in Rest of Europe in US$ Million by Segment: A Historic Review for the Period 2012-2019
TABLE 51: Rest of Europe Marine Propulsion Engines Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

ASIA-PACIFIC

TABLE 52: Asia-Pacific Marine Propulsion Engines Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 53: Marine Propulsion Engines Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019
TABLE 54: Asia-Pacific Marine Propulsion Engines Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
TABLE 55: Marine Propulsion Engines Market in Asia-Pacific by Segment: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 56: Asia-Pacific Marine Propulsion Engines Historic Market Scenario in US$ Million by Segment: 2012-2019
TABLE 57: Asia-Pacific Marine Propulsion Engines Market Share Analysis by Segment: 2012 VS 2020 VS 2027

AUSTRALIA

TABLE 58: Marine Propulsion Engines Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
TABLE 59: Australian Marine Propulsion Engines Historic Market Analysis in US$ Million by Segment: 2012-2019
TABLE 60: Australian Marine Propulsion Engines Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

INDIA

TABLE 61: Indian Marine Propulsion Engines Market Estimates and Forecasts in US$ Million by Segment: 2020 to 2027
TABLE 62: Indian Marine Propulsion Engines Historic Market Review by Segment in US$ Million: 2012-2019
TABLE 63: Marine Propulsion Engines Market in India: Percentage Share Breakdown of Sales by Segment for 2012, 2020, and 2027

SOUTH KOREA

TABLE 64: Marine Propulsion Engines Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
TABLE 65: South Korean Marine Propulsion Engines Historic Market Analysis in US$ Million by Segment: 2012-2019
TABLE 66: Marine Propulsion Engines Market Share Distribution in South Korea by Segment: 2012 VS 2020 VS 2027

REST OF ASIA-PACIFIC

TABLE 67: Rest of Asia-Pacific Market for Marine Propulsion Engines: Annual Sales Estimates and Projections in US$ Million by Segment for the Period 2020-2027
TABLE 68: Marine Propulsion Engines Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million by Segment for the Period 2012-2019
TABLE 69: Rest of Asia-Pacific Marine Propulsion Engines Market Share Analysis by Segment: 2012 VS 2020 VS 2027

LATIN AMERICA

TABLE 70: Latin American Marine Propulsion Engines Market Trends by Region/Country in US$ Million: 2020-2027
TABLE 71: Marine Propulsion Engines Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019
TABLE 72: Latin American Marine Propulsion Engines Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
TABLE 73: Latin American Marine Propulsion Engines Market Growth Prospects in US$ Million by Segment for the Period 2020-2027
TABLE 74: Marine Propulsion Engines Historic Market Analysis in Latin America in US$ Million by Segment: 2012-2019
TABLE 75: Latin American Marine Propulsion Engines Market by Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

ARGENTINA

TABLE 76: Argentinean Marine Propulsion Engines Market Estimates and Forecasts in US$ Million by Segment: 2020-2027
TABLE 77: Marine Propulsion Engines Market in Argentina in US$ Million by Segment: A Historic Review for the Period 2012-2019
TABLE 78: Argentinean Marine Propulsion Engines Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

BRAZIL

TABLE 79: Marine Propulsion Engines Market in Brazil by Segment: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 80: Brazilian Marine Propulsion Engines Historic Market Scenario in US$ Million by Segment: 2012-2019
TABLE 81: Brazilian Marine Propulsion Engines Market Share Analysis by Segment: 2012 VS 2020 VS 2027

MEXICO

TABLE 82: Marine Propulsion Engines Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
TABLE 83: Mexican Marine Propulsion Engines Historic Market Analysis in US$ Million by Segment: 2012-2019
TABLE 84: Mexican Marine Propulsion Engines Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

REST OF LATIN AMERICA

TABLE 85: Rest of Latin America Marine Propulsion Engines Market Estimates and Projections in US$ Million by Segment: 2020 to 2027
TABLE 86: Marine Propulsion Engines Market in Rest of Latin America by Segment: A Historic Review in US$ Million for 2012-2019
TABLE 87: Rest of Latin America Marine Propulsion Engines Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

MIDDLE EAST

TABLE 88: The Middle East Marine Propulsion Engines Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 89: Marine Propulsion Engines Market in the Middle East by Region/Country in US$ Million: 2012-2019
TABLE 90: The Middle East Marine Propulsion Engines Market Share Breakdown by Region/Country: 2012, 2020, and 2027
TABLE 91: The Middle East Marine Propulsion Engines Market Estimates and Forecasts in US$ Million by Segment: 2020 to 2027
TABLE 92: The Middle East Marine Propulsion Engines Historic Market by Segment in US$ Million: 2012-2019
TABLE 93: Marine Propulsion Engines Market in the Middle East: Percentage Share Breakdown of Sales by Segment for 2012,2020, and 2027

IRAN

TABLE 94: Iranian Market for Marine Propulsion Engines: Annual Sales Estimates and Projections in US$ Million by Segment for the Period 2020-2027
TABLE 95: Marine Propulsion Engines Market in Iran: Historic Sales Analysis in US$ Million by Segment for the Period 2012-2019
TABLE 96: Iranian Marine Propulsion Engines Market Share Analysis by Segment: 2012 VS 2020 VS 2027

ISRAEL

TABLE 97: Israeli Marine Propulsion Engines Market Estimates and Forecasts in US$ Million by Segment: 2020-2027
TABLE 98: Marine Propulsion Engines Market in Israel in US$ Million by Segment: A Historic Review for the Period 2012-2019
TABLE 99: Israeli Marine Propulsion Engines Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

SAUDI ARABIA

TABLE 100: Saudi Arabian Marine Propulsion Engines Market Growth Prospects in US$ Million by Segment for the Period 2020-2027
TABLE 101: Marine Propulsion Engines Historic Market Analysis in Saudi Arabia in US$ Million by Segment: 2012-2019
TABLE 102: Saudi Arabian Marine Propulsion Engines Market by Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED ARAB EMIRATES

TABLE 103: Marine Propulsion Engines Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
TABLE 104: United Arab Emirates Marine Propulsion Engines Historic Market Analysis in US$ Million by Segment: 2012-2019
TABLE 105: Marine Propulsion Engines Market Share Distribution in United Arab Emirates by Segment: 2012 VS 2020 VS 2027

REST OF MIDDLE EAST

TABLE 106: Marine Propulsion Engines Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
TABLE 107: Rest of Middle East Marine Propulsion Engines Historic Market Analysis in US$ Million by Segment: 2012-2019
TABLE 108: Rest of Middle East Marine Propulsion Engines Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

AFRICA

TABLE 109: African Marine Propulsion Engines Market Estimates and Projections in US$ Million by Segment: 2020 to 2027
TABLE 110: Marine Propulsion Engines Market in Africa by Segment: A Historic Review in US$ Million for 2012-2019
TABLE 111: African Marine Propulsion Engines Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 44

Note: Product cover images may vary from those shown
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