Marine Engines Market by Engine (Propulsion and Auxiliary), Type (Two Stroke and Four Stroke), Power Range (Up to 1,000 hp, 1,001-5,000 hp, 5,001-10,000 hp, 10,001-20,000 hp, and Above 20,000 hp), Fuel, Vessel and Region - Global Forecast to 2029

April 2024 | 323 pages | ID: MFB31B4E3E3EN
MarketsandMarkets

Abstracts

The global marine engines market is on a trajectory to reach USD 15.2 billion by 2029, a notable increase from the estimated USD 13.1 billion in 2024, with a steady CAGR of 3.0% spanning the period from 2024 to 2029.

The future of the marine engine market is poised for significant change, driven by a confluence of environmental concerns, technological advancements, and a growing focus on sustainability. Stricter environmental regulations and a global push for cleaner shipping will lead to a continued decline in the use of Heavy Fuel Oil (HFO). Cleaner alternatives like Liquefied Natural Gas (LNG) are expected to gain significant market share, particularly for new vessels. Biofuels and synthetic fuels derived from renewable sources are also emerging as promising options, although infrastructure development and cost competitiveness will be crucial factors. Manufacturers will focus on developing engines with improved fuel efficiency, lower emissions, and the capability to operate on multiple fuel types. Engines designed to seamlessly switch between traditional fuels like MGO and cleaner alternatives like LNG or biofuels will offer ship operators greater flexibility and adaptability to evolving regulations and fuel availability. Technologies that capture and utilize waste heat from engine operation for additional power generation or other onboard processes will improve overall energy efficiency. Integration of sensors, advanced controls, and remote monitoring systems will optimize engine performance, enable predictive maintenance, and improve operational efficiency. The entire maritime industry, including engine manufacturers, shipbuilders, and fuel suppliers, will collaborate towards achieving sustainability goals. This could involve the development of carbon-neutral fuels, investment in shore-side power infrastructure for ports, and the creation of regulations that incentivize the adoption of cleaner technologies. The future of the marine engine market is bright with innovation. The industry is on a trajectory towards cleaner, more efficient, and sustainable operations. As technology advances, regulations evolve, and the focus on environmental responsibility intensifies, we can expect to see significant changes in the types of engines powering the vessels that traverse our oceans.

“Oil tankers segment, by Vessel, to hold second-largest market share from 2024 to 2029.”

Oil tankers are designed to transport vast quantities of crude oil and refined petroleum products. These behemoths, particularly Ultra Large Crude Carriers (ULCCs) and Very Large Crude Carriers (VLCCs), require immensely powerful engines to overcome drag and efficiently navigate long distances across oceans. Oil tankers undertake long journeys, often spanning weeks, to transport oil from production sites to refineries or storage facilities. This necessitates engines built for continuous operation and exceptional reliability. Unlike some other vessel types that might prioritize fuel efficiency over raw power, oil tankers prioritize the ability to efficiently propel massive loads over long distances. This translates to a significant demand for high-horsepower, two-stroke engines that remain the dominant choice for these vessels. In conclusion, the immense size, cargo capacity, long-distance operation, and reliance on high-power engines make oil tankers the primary driver of the marine engine market, likely holding the second-largest market share in this sector.

“Auxiliary segment, by engine, to be the second-largest market from 2024 to 2029.”

Auxiliary engines hold the second-largest market share in the marine engine market. Auxiliary engines come in a range of power outputs, catering to the specific needs of different onboard systems. From smaller engines powering lighting systems to larger ones driving powerful pumps or winches, the versatility in auxiliary engine power contributes to their widespread use. Auxiliary engines play a critical role in ensuring the overall reliability of a vessel. They often operate in a redundant configuration, meaning there might be multiple auxiliary engines on board. This redundancy ensures that a malfunction in one engine doesn't cripple vital onboard systems. Their reliable operation is essential for uninterrupted power supply and safe vessel operations. The increasing automation of onboard systems and the growing demand for amenities on passenger vessels necessitates a reliable source of power. This translates to a continued demand for auxiliary engines to support these evolving needs. Manufacturers are constantly developing auxiliary engines with improved fuel efficiency, lower emissions, and better noise reduction capabilities. These advancements make auxiliary engines a more environmentally friendly and cost-effective solution for onboard power generation. The extensive application across various vessel types, diverse power requirements, focus on redundancy and reliability, advancements in technology, and the growing complexity of onboard systems all contribute to auxiliary engines holding the second-largest market share in the marine engine sector. They are the workhorses behind the scenes, ensuring the smooth and efficient operation of a vessel, even if they aren't directly responsible for propulsion.

“Europe to be second-largest region in marine engines market.”

Europe's position as the second-largest market share holder in the marine engine market can be attributed to a confluence of factors that make it a hub for shipbuilding, technological innovation, and stringent environmental regulations. Europe boasts a long and rich history in shipbuilding, with renowned shipyards at the forefront of technological innovation. These shipyards often collaborate with engine manufacturers to develop and integrate cutting-edge engines into their vessels. This focus on advanced technology positions Europe as a leader in the high-power engine segment, particularly for large container ships and cruise liners. Europe enforces some of the world's strictest environmental regulations for maritime emissions. This focus on clean air and water quality incentivizes the development and adoption of cleaner burning engines that comply with regulations in Emission Control Areas (ECAs), designated areas with stricter emission controls. European manufacturers are at the forefront of developing engines that utilize cleaner fuels like LNG and exploring alternative options like biofuels. European ship owners and maritime companies are increasingly prioritizing sustainability in their operations. This translates to a demand for cleaner and more efficient engines that meet not only current but also anticipated future environmental regulations. Engine manufacturers in Europe are actively developing future-proof technologies like dual-fuel engines capable of operating on cleaner alternatives alongside traditional fuels. Europe has a vast and diverse maritime fleet encompassing large container ships, cruise liners, ferries, offshore service vessels, and specialized research vessels. This diversity necessitates a wide range of engine types and powers, contributing to the overall market share held by European manufacturers catering to these varied needs. Europe's strong shipbuilding tradition, focus on technological innovation, stringent environmental regulations, diverse maritime fleet, and robust after-sales infrastructure all contribute to its position as the second-largest market share holder in the marine engine market. However, competition from Asia and the high initial investment costs of cleaner technologies are challenges that European manufacturers need to navigate to maintain their leadership position.

Breakdown of Primaries:

In-depth interviews with key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, were conducted to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The primary interviews were distributed as follows:

By Company Type: Tier 1-30%, Tier 2-55%, and Tier 3-15%

By Designation: C-Level-30%, D-Level-20%, and Others-50%

By Region: North America–18%, Europe–8%, Asia Pacific–60%, South America–4% and

Middle East & Africa–10%.

Note: “Others” include sales managers, engineers, and regional managers

The tiers of the companies are defined based on their total revenue as of 2021: Tier 1: >USD 1 billion, Tier 2: USD 500 million–1 billion, and Tier 3:
The marine engines market is predominantly governed by well-established global leaders. Notable players in the marine engines market include Caterpillar (US), Wдrtsilд (Finland), AB Volvo Penta (Sweden), Man Energy Solutions (Germany), Rolls-Royce Plc (UK), Mitsubishi Heavy Industries, Ltd. (Japan), HDHyundai Heavy Industries Co., Ltd. (South Korea), Cummins Inc. (US), Daihatsu Diesel Mfg. Co., Ltd. (Japan), Deutz AG (Germany), and several others.

Research Coverage:

The report provides a comprehensive definition, description, and forecast of the marine engines market based on various parameters, including engine (Propulsion and Auxiliary), type (Four Stroke and Two Stroke), Power Range (Up to 1,000 hp, 1,001-5,000 hp, 5,001-10,000 hp, 10,001-20,000 hp, Above 20,000 hp), Fuel (Marine Diesel Oil, Others, Heavy Fuel Oil, and Marine Gas Oil), Vessel (Bulk Carrier, Oil Tankers, Offshore Support Vessels, General Cargo, Others, Container Ships, Tugs, and Product Tankers), and region (Asia Pacific, North America, Europe, Middle East and Africa, South America). The report also offers a thorough qualitative and quantitative analysis of the marine engines market, encompassing a comprehensive examination of the key market drivers, limitations, opportunities, and challenges. Additionally, it covers critical facets of the market, such as an assessment of the competitive landscape, an analysis of market dynamics, value-based market estimates, and future trends in the marine engines market. The report provides investment and funding information of key players in the marine engines market.

Key Benefits of Buying the Report

The report is thoughtfully designed to benefit both established industry leaders and newcomers in the marine engines market. It provides reliable revenue forecasts for the entire market as well as its individual sub-segments. This data is a valuable resource for stakeholders, enabling them to gain a comprehensive understanding of the competitive landscape and formulate effective market strategies for their businesses. Furthermore, the report serves as a channel for stakeholders to grasp the current state of the market, providing essential insights into market drivers, limitations, challenges, and growth opportunities. By incorporating these insights, stakeholders can make well-informed decisions and stay informed about the constantly evolving dynamics of the marine engines industry.

• Analysis of key drivers: (Growth in international marine freight transport, Aging fleet, Adoption of smart engines for performance and safety), restraints (Stringent environmental regulations, Soaring freight rates and fees, Dependce on heavy liquid fluids), opportunities (Rise of e-commerce and online trade, Rising demand for duel fuel and hybrid engines), and challenges (Structural factors increasing maritime transport costs, Volatile oil & gas prices) influencing the growth of the marine engines market.
• Product Development/ Innovation: The marine engines market is in a constant state of evolution, with a primary focus on product development and innovation. Leading industry players like Caterpillar, Wдrtsilд, Man Energy Solutions, and AB Volvo Penta are at the forefront of advancing their product offerings to address shifting demands and environmental considerations. There is a notable shift towards enhancing the intelligence of recloser.
• Market Development: The marine engine market is on an exciting trajectory, driven by a confluence of environmental concerns, technological advancements, and a growing emphasis on sustainability. Stricter environmental regulations and a global push for cleaner shipping are leading to a decline in the use of Heavy Fuel Oil (HFO). Liquefied Natural Gas (LNG) is emerging as a significant contender, particularly for new vessels. Biofuels and synthetic fuels derived from renewable sources are also gaining traction, although infrastructure development and cost competitiveness will be crucial factors in their wider adoption. Manufacturers are constantly innovating to develop engines with improved fuel efficiency, lower emissions, and the capability to operate on multiple fuel types. Dual-Fuel and Multi-Fuel Engines can seamlessly switch between traditional fuels like MGO and cleaner alternatives like LNG or biofuels, offering ship owners greater flexibility and adaptability to evolving regulations and fuel availability. Waste Heat Recovery Systems Technologies capture waste heat from engine operation for additional power generation or other onboard processes will improve overall energy efficiency. While internal combustion engines will likely remain dominant in the near future, alternative propulsion technologies like electric and hybrid systems are gaining traction, particularly for smaller vessels and harbor operations. Advancements in battery technology and efficient charging infrastructure will be crucial for wider adoption of electric propulsion in larger vessels. The entire maritime industry, including engine manufacturers, shipbuilders, fuel suppliers, and regulatory bodies, are increasingly collaborating towards achieving sustainability goals. This could involve the development of carbon-neutral fuels, investment in shore-side power infrastructure for ports, and the creation of regulations that incentivize the adoption of cleaner technologies. The development of the marine engine market is exciting and dynamic. As technology advances, regulations evolve, and the focus on environmental responsibility intensifies, we can expect to see a continued shift towards cleaner, more efficient, and sustainable marine propulsion solutions.
• Market Diversification: The marine engine market is undergoing significant diversification driven by a confluence of factors, including stricter environmental regulations, technological advancements, and the pursuit of sustainable practices. This diversification manifests in several key areas. Traditionally, the marine engine market relied heavily on Heavy Fuel Oil (HFO) due to its cost-effectiveness. However, stricter regulations aimed at reducing air and water pollution are driving a shift towards cleaner burning fuels. LNG is emerging as a significant alternative, particularly for new vessels. It offers lower emissions of sulfur oxides (SOx) and nitrogen oxides (NOx) compared to HFO. However, infrastructure development for LNG bunkering facilities is crucial for wider adoption. Derived from renewable sources like biomass or waste products, these fuels offer a carbon-neutral alternative. While still in their early stages of development, advancements in production methods and cost reduction could make them more viable options in the future. New engine technologies aim to reduce fuel consumption and operating costs while maintaining power output. This can involve advancements in combustion processes, waste heat recovery systems, and engine optimization software. Cleaner burning technologies like exhaust gas aftertreatment systems and selective catalytic reduction (SCR) are being developed to comply with stricter emission regulations. The marine engine market is no longer a one-size-fits-all solution. Market diversification is fostering innovation across fuel options, engine technologies, and after-sales services. This caters to the diverse needs of different vessel types and operational requirements. As environmental concerns intensify and the focus on sustainability grows, we can expect further diversification in the marine engine market with the development of even cleaner, more efficient, and future-proof propulsion solutions for the global maritime industry.
• Competitive Assessment: A comprehensive evaluation has been conducted to scrutinize the market presence, growth strategies, and service offerings of key players in the marine engines market. These prominent companies include Caterpillar (US), Wдrtsilд (Finland), Man Energy Solutions (Germany), AB Volvo Penta (Sweden), Rolls-Royce Plc (UK), HDHyundai Heavy Industries Co., Ltd. (South Korea), Mitsubishi Heavy Industries, Ltd. (Japan), Cummins Inc. (US), Daihatsu Diesel Mfg. Co., Ltd. (Japan), Deutz AG (Germany), and others. This analysis provides in-depth insights into the competitive positions of these major players, their approaches to driving market growth, and the range of services they offer within the marine engines segment.

Contents

1 INTRODUCTION

1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 INCLUSIONS AND EXCLUSIONS
  1.3.1 INCLUSIONS AND EXCLUSIONS, BY ENGINE
  1.3.2 INCLUSIONS AND EXCLUSIONS, BY TYPE
  1.3.3 INCLUSIONS AND EXCLUSIONS, BY POWER RANGE
  1.3.4 INCLUSIONS AND EXCLUSIONS, BY FUEL
  1.3.5 INCLUSIONS AND EXCLUSIONS, BY VESSEL
  1.3.6 INCLUSIONS AND EXCLUSIONS, BY REGION
1.4 MARKET SCOPE
  1.4.1 MARINE ENGINES MARKET SEGMENTATION
1.5 REGIONS COVERED
1.6 YEARS CONSIDERED
1.7 CURRENCY CONSIDERED
1.8 LIMITATIONS
1.9 STAKEHOLDERS
1.10 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
FIGURE 1 MARINE ENGINES MARKET: RESEARCH DESIGN
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 2 DATA TRIANGULATION
  2.2.1 SECONDARY DATA
    2.2.1.1 Key data from secondary sources
    2.2.1.2 List of major secondary sources
  2.2.2 PRIMARY DATA
    2.2.2.1 Breakdown of primaries
    2.2.2.2 Key data from primary sources
FIGURE 3 BREAKDOWN OF INTERVIEWS WITH EXPERTS: BY COMPANY TYPE, DESIGNATION, AND REGION
FIGURE 4 MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND FOR MARINE ENGINES
    2.2.2.3 Participant companies for primary research
2.3 MARKET SIZE ESTIMATION
  2.3.1 BOTTOM-UP APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
  2.3.2 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
  2.3.3 DEMAND-SIDE ANALYSIS
    2.3.3.1 Regional analysis
    2.3.3.2 Country analysis
    2.3.3.3 Demand-side assumptions
    2.3.3.4 Demand-side calculations
  2.3.4 SUPPLY-SIDE ANALYSIS
FIGURE 7 KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF MARINE ENGINES
FIGURE 8 MARINE ENGINES MARKET: SUPPLY-SIDE ANALYSIS
    2.3.4.1 Supply-side assumptions
    2.3.4.2 Supply-side calculations
  2.3.5 FORECAST
    2.3.5.1 Impact of recession
    2.3.5.2 Research assumptions

3 EXECUTIVE SUMMARY

TABLE 1 MARINE ENGINES MARKET SNAPSHOT
FIGURE 9 ASIA PACIFIC DOMINATED MARINE ENGINES MARKET IN 2023
FIGURE 10 PROPULSION ENGINES SEGMENT TO ACCOUNT FOR LARGER SHARE BETWEEN 2024 AND 2029
FIGURE 11 ABOVE 20,000 HP POWER RANGE SEGMENT TO LEAD MARINE ENGINES MARKET BETWEEN 2024 AND 2029
FIGURE 12 TWO-STROKE ENGINES SEGMENT TO DOMINATE MARINE ENGINES MARKET BETWEEN 2024 AND 2029
FIGURE 13 MARINE DIESEL OIL SEGMENT TO ACCOUNT FOR LARGEST SHARE OF MARINE ENGINES MARKET BETWEEN 2024 AND 2029
FIGURE 14 BULK CARRIERS TO LEAD MARINE ENGINES MARKET BETWEEN 2024 AND 2029

4 PREMIUM INSIGHTS

4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MARINE ENGINES MARKET
FIGURE 15 INTERNATIONAL MARINE FREIGHT TRANSPORT, OFFSHORE ACTIVITIES, AND ADOPTION OF SMART ENGINES FOR PERFORMANCE AND SAFETY TO DRIVE MARKET BETWEEN 2024 AND 2029
4.2 MARINE ENGINES MARKET, BY REGION
FIGURE 16 ASIA PACIFIC MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
4.3 ASIA PACIFIC: MARINE ENGINES MARKET, BY VESSEL AND COUNTRY, 2023
FIGURE 17 OIL TANKERS SEGMENT AND CHINA HELD LARGEST SHARES IN 2023
4.4 MARINE ENGINES MARKET, BY ENGINE, 2029
FIGURE 18 PROPULSION ENGINES SEGMENT TO ACCOUNT FOR LARGER SHARE
4.5 MARINE ENGINES MARKET, BY TYPE, 2029
FIGURE 19 TWO-STROKE SEGMENT TO DOMINATE MARINE ENGINES MARKET
4.6 MARINE ENGINES MARKET, BY POWER RANGE, 2029
FIGURE 20 ABOVE 20,000 HP SEGMENT TO HOLD LARGEST SHARE OF MARINE ENGINES MARKET
4.7 MARINE ENGINES MARKET, BY FUEL, 2029
FIGURE 21 MARINE DIESEL OIL SEGMENT TO DOMINATE MARINE ENGINES MARKET
4.8 MARINE ENGINES MARKET, BY VESSEL, 2029
FIGURE 22 BULK CARRIERS SEGMENT TO LEAD MARINE ENGINES MARKET

5 MARKET OVERVIEW

5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 23 MARINE ENGINES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  5.2.1 DRIVERS
    5.2.1.1 Rising demand for marine freight transportation
FIGURE 24 WORLD SEABORNE TRADE, 2023
    5.2.1.2 Flourishing cruise industry
FIGURE 25 GLOBAL CRUISE CAPACITY PROJECTIONS, 2016–2028
    5.2.1.3 Growth in offshore activities
FIGURE 26 OFFSHORE OIL AND GAS PRODUCTION SCENARIO, 2016–2040
  5.2.2 RESTRAINTS
    5.2.2.1 Stringent environmental regulations to decarbonize shipping
FIGURE 27 CARBON DIOXIDE EMISSIONS BY MAIN VESSEL TYPE, 2012–2023 (TON)
    5.2.2.2 Geopolitical uncertainties and potential disruptions to trade routes
FIGURE 28 AVERAGE DISTANCE TRAVELLED, 1999–2024 (NAUTICAL MILE)
    5.2.2.3 Technological hurdles in use of alternative fuels for marine engines
FIGURE 29 NUMBER OF SHIPS OPERATING ON ALTERNATIVE MARINE FUELS, 2023
  5.2.3 OPPORTUNITIES
    5.2.3.1 Enhancements in fuel efficiency offers significant opportunities
    5.2.3.2 Rising demand for dual-fuel and hybrid engines
    5.2.3.3 Digitalization and automation in marine industry
  5.2.4 CHALLENGES
    5.2.4.1 Structural factors increasing maritime transport costs
    5.2.4.2 uel price volatility
FIGURE 30 AVERAGE CRUDE OIL PRICES, 2015–2024
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR MARINE ENGINE PROVIDERS
FIGURE 31 REVENUE SHIFT FOR MARINE ENGINE PROVIDERS
5.4 ECOSYSTEM ANALYSIS
FIGURE 32 MARINE ENGINES MARKET: KEY PLAYERS IN ECOSYSTEM
TABLE 2 MARINE ENGINES MARKET: ROLE IN ECOSYSTEM
5.5 INVESTMENT AND FUNDING SCENARIO
FIGURE 33 FUNDING RAISED BY TOP PLAYERS IN MARINE ENGINES MARKET, 2020–2024
5.6 SUPPLY CHAIN ANALYSIS
FIGURE 34 SUPPLY CHAIN ANALYSIS: MARINE ENGINES MARKET
  5.6.1 RAW MATERIAL PROVIDERS/SUPPLIERS
  5.6.2 COMPONENT MANUFACTURERS
  5.6.3 MARINE ENGINE MANUFACTURERS/ASSEMBLERS
  5.6.4 DISTRIBUTORS
  5.6.5 END USERS
  5.6.6 POST-SALES SERVICES
5.7 TECHNOLOGY ANALYSIS
  5.7.1 KEY TECHNOLOGIES
    5.7.1.1 Liquefied Natural Gas (LNG) engines
    5.7.1.2 Hybrid and electric marine propulsion
5.8 PRICING ANALYSIS
  5.8.1 INDICATIVE PRICING ANALYSIS, BY POWER RANGE
TABLE 3 INDICATIVE PRICING ANALYSIS OF MARINE ENGINES, 2023
  5.8.2 AVERAGE SELLING PRICE TREND, BY REGION, 2020–2024
5.9 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 4 MARINE ENGINES MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2024–2025
5.10 TARIFFS, CODES, AND REGULATIONS
  5.10.1 TARIFFS RELATED TO MARINE ENGINES
TABLE 5 IMPORT TARIFFS IN TERMS OF % OF IMPORTED VALUE FOR HS 840810 MARINE PROPULSION ENGINES IN 2022
  5.10.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 6 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 7 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 8 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 REST OF WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  5.10.3 CODES AND REGULATIONS RELATED TO MARINE ENGINES
TABLE 10 MARINE ENGINES: CODES AND REGULATIONS
5.11 TRADE ANALYSIS
  5.11.1 TRADE ANALYSIS FOR COMPRESSION-IGNITION INTERNAL COMBUSTION PISTON ENGINEDIESEL OR SEMI-DIESEL ENGINE, FOR MARINE PROPULSION
  5.11.2 IMPORT DATA
TABLE 11 IMPORT SCENARIO FOR HS CODE 840810 - COMPLIANT PRODUCTS, BY COUNTRY, 2021–2023 (USD THOUSAND)
FIGURE 35 IMPORT DATA FOR HS CODE 840810-COMPLIANT PRODUCTS FOR TOP 5 COUNTRIES, 2019–2023 (USD THOUSAND)
  5.11.3 EXPORT DATA
TABLE 12 EXPORT SCENARIO FOR HS CODE 840810-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2023 (USD)
FIGURE 36 EXPORT DATA FOR HS CODE 840810-COMPLIANT PRODUCTS FOR TOP 5 COUNTRIES, 2019–2023 (USD THOUSAND)
5.12 PATENT ANALYSIS
FIGURE 37 MARINE ENGINES MARKET: INNOVATIONS AND PATENT REGISTRATIONS, 2013–2023
TABLE 13 MARINE ENGINES MARKET: INNOVATIONS AND PATENT REGISTRATIONS, DECEMBER 2020–DECEMBER 2023
5.13 PORTER’S FIVE FORCES ANALYSIS
FIGURE 38 PORTER’S FIVE FORCES ANALYSIS FOR MARINE ENGINES MARKET
TABLE 14 MARINE ENGINES MARKET: PORTER’S FIVE FORCES ANALYSIS
  5.13.1 THREAT OF SUBSTITUTES
  5.13.2 BARGAINING POWER OF SUPPLIERS
  5.13.3 BARGAINING POWER OF BUYERS
  5.13.4 THREAT OF NEW ENTRANTS
  5.13.5 INTENSITY OF COMPETITIVE RIVALRY
5.14 KEY STAKEHOLDERS & BUYING CRITERIA
  5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 39 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VESSEL TYPES
TABLE 15 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VESSEL TYPES
  5.14.2 BUYING CRITERIA
FIGURE 40 KEY BUYING CRITERIA FOR TOP 3 VESSEL TYPES
TABLE 16 KEY BUYING CRITERIA FOR TOP 3 VESSEL TYPES
5.15 CASE STUDY ANALYSIS
  5.15.1 MAINTAINING MANEUVERABILITY AND MEETING REGULATIONS: BISSO TOWBOAT UPGRADES FLEET WITH MODERN ASD TRACTOR TUG
    5.15.1.1 Problem statement
    5.15.1.2 Solution
  5.15.2 POWERING GREEN GROWTH: EDDA WIND EQUIPS FLEET FOR SUSTAINABLE OFFSHORE WIND OPERATIONS
    5.15.2.1 Problem statement
    5.15.2.2 Solution
  5.15.3 POWERING SUSTAINABLE BALTIC SEA TRAVEL: FINNLINES INTEGRATES HYBRID TECHNOLOGY FOR ECO-FRIENDLY FERRY OPERATIONS
    5.15.3.1 Problem statement
    5.15.3.2 Solution
  5.15.4 SEASPAN FERRIES CHARTS COURSE FOR SUSTAINABLE SHIPPING WITH HYBRID TECHNOLOGY AND OPERATIONAL OPTIMIZATION
    5.15.4.1 Problem statement
    5.15.4.2 Solution

6 MARINE ENGINES MARKET, BY TYPE

6.1 INTRODUCTION
FIGURE 41 MARINE ENGINES MARKET SHARE, BY TYPE, 2023
TABLE 17 MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 18 MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
6.2 TWO-STROKE
  6.2.1 COST REDUCTION DUE TO LOW-GRADE FUEL TO DRIVE MARKET
TABLE 19 TWO-STROKE MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 20 TWO-STROKE MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3 FOUR-STROKE
  6.3.1 DEMAND FOR PASSENGER BOATS AND FERRIES TO DRIVE MARKET
TABLE 21 FOUR-STROKE MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 22 FOUR-STROKE MARINE ENGINES MARKET SIZE, BY REGION, 2024–2029 (USD MILLION)

7 MARINE ENGINES MARKET, BY ENGINE

7.1 INTRODUCTION
FIGURE 42 MARINE ENGINES MARKET SHARE, BY ENGINE, 2023
TABLE 23 MARINE ENGINES MARKET, BY ENGINE, 2020–2023 (USD MILLION)
TABLE 24 MARINE ENGINES MARKET, BY ENGINE, 2024–2029 (USD MILLION)
7.2 PROPULSION ENGINES
  7.2.1 PRIME MOVERS OF SHIPS TO DRIVE MARKET
TABLE 25 PROPULSION ENGINES: MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 26 PROPULSION ENGINES: MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)
7.3 AUXILIARY ENGINES
  7.3.1 SMOOTH OPERATION OF VESSEL'S PRIMARY ENGINES, PIPING SYSTEMS, AND EQUIPMENT TO DRIVE MARKET
TABLE 27 AUXILIARY ENGINES: MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 28 AUXILIARY ENGINES: MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)

8 MARINE ENGINES MARKET, BY POWER RANGE

8.1 INTRODUCTION
FIGURE 43 MARINE ENGINES MARKET SHARE, BY POWER RANGE, 2023
TABLE 29 MARINE ENGINES MARKET, BY POWER RANGE, 2020–2023 (USD MILLION)
TABLE 30 MARINE ENGINES MARKET, BY POWER RANGE, 2024–2029 (USD MILLION)
8.2 UP TO 1,000 HP
  8.2.1 APPLICATIONS IN SMALLER VESSELS TO DRIVE MARKET
TABLE 31 UP TO 1,000 HP MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 32 UP TO 1,000 HP MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 33 UP TO 1,000 HP MARINE ENGINES MARKET, BY REGION, 2020–2023 (UNIT)
TABLE 34 UP TO 1,000 HP MARINE ENGINES MARKET, BY REGION, 2024–2029 (UNIT)
8.3 1,001–5,000 HP
  8.3.1 EFFICIENT OPERATION AND FUEL ECONOMY TO DRIVE MARKET
TABLE 35 1,001–5,000 HP MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 36 1,001–5,000 HP MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 37 1,001–5,000 HP MARINE ENGINES MARKET, BY REGION, 2020–2023 (UNIT)
TABLE 38 1,001–5,000 HP MARINE ENGINES MARKET, BY REGION, 2024–2029 (UNIT)
8.4 5,001–10,000 HP
  8.4.1 LARGER CARGO LOADS AND MAINTENANCE OF EFFICIENT OPERATIONS OVER EXTENDED DISTANCES TO DRIVE MARKET
TABLE 39 5,001–10,000 HP MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 40 5,001–10,000 HP MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 41 5,001–10,000 HP MARINE ENGINES MARKET, BY REGION, 2020–2023 (UNIT)
TABLE 42 5,001–10,000 HP MARINE ENGINES MARKET, BY REGION, 2024–2029 (UNIT)
8.5 10,001–20,000 HP
  8.5.1 EXCEPTIONAL POWER DELIVERY CAPABILITIES FOR LARGE CARRIERS TO DRIVE MARKET
TABLE 43 10,001–20,000 HP MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 44 10,001–20,000 HP MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 45 10,001–20,000 HP MARINE ENGINES MARKET, BY REGION, 2020–2023 (UNIT)
TABLE 46 10,001–20,000 HP MARINE ENGINES MARKET, BY REGION, 2024–2029 (UNIT)
8.6 ABOVE 20,000 HP
  8.6.1 POWER FOR CONTAINER GIANTS AND SUPERTANKERS TO DRIVE MARKET
TABLE 47 ABOVE 20,000 HP MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 48 ABOVE 20,000 HP MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 49 ABOVE 20,000 HP MARINE ENGINES MARKET, BY REGION, 2020–2023 (UNIT)
TABLE 50 ABOVE 20,000 HP MARINE ENGINES MARKET, BY REGION, 2024–2029 (UNIT)

9 MARINE ENGINES MARKET, BY FUEL

9.1 INTRODUCTION
FIGURE 44 MARINE ENGINES MARKET SHARE, BY FUEL, 2023
TABLE 51 MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 52 MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
9.2 HEAVY FUEL OIL
  9.2.1 HIGH SULFUR CONTENT TO CAUSE DECLINE IN MARKET SHARE
TABLE 53 HEAVY FUEL OIL: MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 54 HEAVY FUEL OIL: MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)
9.3 MARINE DIESEL OIL
  9.3.1 EFFICIENT AND RELIABLE PERFORMANCE ACROSS VARIOUS VESSELS AND MARINE OPERATIONS TO DRIVE MARKET
TABLE 55 MARINE DIESEL OIL: MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 56 MARINE DIESEL OIL: MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)
9.4 MARINE GAS OIL
  9.4.1 HIGHEST-GRADE MARINE OIL FOR FASTER MOVING ENGINES TO DRIVE MARKET
TABLE 57 MARINE GAS OIL: MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 58 MARINE GAS OIL: MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)
9.5 OTHER FUELS
TABLE 59 OTHER FUELS: MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 60 OTHER FUELS: MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)

10 MARINE ENGINES MARKET, BY VESSEL

10.1 INTRODUCTION
FIGURE 45 MARINE ENGINES MARKET SHARE, BY VESSEL, 2023
TABLE 61 MARINE ENGINES MARKET, BY VESSEL, 2020–2023 (USD MILLION)
TABLE 62 MARINE ENGINES MARKET, BY VESSEL, 2024–2029 (USD MILLION)
10.2 OFFSHORE SUPPORT VESSELS
  10.2.1 DIVERSE SUPPORT OPERATIONS TO DRIVE MARKET
TABLE 63 OFFSHORE SUPPORT VESSELS: MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 64 OFFSHORE SUPPORT VESSELS: MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)
10.3 OIL TANKERS
  10.3.1 VITAL ROLE IN GLOBAL OIL TRANSPORTATION TO DRIVE MARKET
TABLE 65 OIL TANKERS: MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 66 OIL TANKERS: MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)
10.4 BULK CARRIERS
  10.4.1 ENVIRONMENTALLY EFFICIENT AND WIDE RANGE OF SIZES TO DRIVE MARKET
TABLE 67 BULK CARRIERS: MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 68 BULK CARRIERS: MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)
10.5 GENERAL CARGO
  10.5.1 GREATER EFFICIENCY AND PROTECTION PROVIDED BY CONTAINER SHIPS TO REDUCE DEMAND
TABLE 69 GENERAL CARGO: MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 70 GENERAL CARGO: MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)
10.6 CONTAINER SHIPS
  10.6.1 EFFICIENCY PROVIDED BY STANDARDIZED SHIPPING CONTAINERS TO DRIVE MARKET
TABLE 71 CONTAINER SHIPS: MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 72 CONTAINER SHIPS: MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)
10.7 PRODUCT TANKERS
  10.7.1 TRANSPORT OF REFINED PETROLEUM PRODUCTS TO DRIVE MARKET
TABLE 73 PRODUCT TANKERS: MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 74 PRODUCT TANKERS: MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)
10.8 TUGS
  10.8.1 WORKHORSES OF MARITIME INDUSTRY TO DRIVE MARKET
TABLE 75 TUGS: MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 76 TUGS: MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)
10.9 OTHER VESSELS
TABLE 77 OTHERS: MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 78 OTHERS: MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)

11 MARINE ENGINES MARKET, BY REGION

11.1 INTRODUCTION
FIGURE 46 MARINE ENGINES MARKET SHARE, BY REGION, 2023
FIGURE 47 MARINE ENGINES MARKET IN ASIA PACIFIC TO REGISTER HIGHEST CAGR FROM 2024 TO 2029
TABLE 79 MARINE ENGINES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 80 MARINE ENGINES MARKET, BY REGION, 2024–2029 (USD MILLION)
11.2 ASIA PACIFIC
  11.2.1 IMPACT OF RECESSION ON MARKET IN ASIA PACIFIC
FIGURE 48 ASIA PACIFIC: MARINE ENGINES MARKET SNAPSHOT
TABLE 81 ASIA PACIFIC: MARINE ENGINES MARKET, BY ENGINE, 2020–2023 (USD MILLION)
TABLE 82 ASIA PACIFIC: MARINE ENGINES MARKET, BY ENGINE, 2024–2029 (USD MILLION)
TABLE 83 ASIA PACIFIC: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 84 ASIA PACIFIC: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 85 ASIA PACIFIC: MARINE ENGINES MARKET, BY POWER RANGE, 2020–2023 (USD MILLION)
TABLE 86 ASIA PACIFIC: MARINE ENGINES MARKET, BY POWER RANGE, 2024–2029 (USD MILLION)
TABLE 87 ASIA PACIFIC: MARINE ENGINES MARKET, BY POWER RANGE, 2020–2023 (UNIT)
TABLE 88 ASIA PACIFIC: MARINE ENGINES MARKET, BY POWER RANGE, 2024–2029 (UNIT)
TABLE 89 ASIA PACIFIC: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 90 ASIA PACIFIC: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
TABLE 91 ASIA PACIFIC: MARINE ENGINES MARKET, BY VESSEL, 2020–2023 (USD MILLION)
TABLE 92 ASIA PACIFIC: MARINE ENGINES MARKET, BY VESSEL, 2024–2029 (USD MILLION)
TABLE 93 ASIA PACIFIC: MARINE ENGINES MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 94 ASIA PACIFIC: MARINE ENGINES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  11.2.2 CHINA
    11.2.2.1 Robust shipbuilding industry and economic growth to drive market
TABLE 95 CHINA: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 96 CHINA: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 97 CHINA: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 98 CHINA: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.2.3 JAPAN
    11.2.3.1 Ongoing recession expected to have adverse effects on market growth
TABLE 99 JAPAN: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 100 JAPAN: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 101 JAPAN: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 102 JAPAN: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.2.4 SOUTH KOREA
    11.2.4.1 Surge in shipbuilding activity to boost market
TABLE 103 SOUTH KOREA: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 104 SOUTH KOREA: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 105 SOUTH KOREA: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 106 SOUTH KOREA: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.2.5 PHILIPPINES
    11.2.5.1 Focus on producing bulk carriers, container ships, and tankers to drive market
TABLE 107 PHILIPPINES: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 108 PHILIPPINES: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 109 PHILIPPINES: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 110 PHILIPPINES: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.2.6 VIETNAM
    11.2.6.1 Government initiatives aimed at developing and enhancing shipbuilding industry to drive market
TABLE 111 VIETNAM: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 112 VIETNAM: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 113 VIETNAM: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 114 VIETNAM: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.2.7 REST OF ASIA PACIFIC
TABLE 115 REST OF ASIA PACIFIC: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 116 REST OF ASIA PACIFIC: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 117 REST OF ASIA PACIFIC: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 118 REST OF ASIA PACIFIC: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
11.3 EUROPE
  11.3.1 IMPACT OF RECESSION ON MARKET IN EUROPE
FIGURE 49 EUROPE: MARINE ENGINES MARKET SNAPSHOT
TABLE 119 EUROPE: MARINE ENGINES MARKET, BY ENGINE, 2020–2023 (USD MILLION)
TABLE 120 EUROPE: MARINE ENGINES MARKET, BY ENGINE, 2024–2029 (USD MILLION)
TABLE 121 EUROPE: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 122 EUROPE: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 123 EUROPE: MARINE ENGINES MARKET, BY POWER RANGE, 2020–2023 (USD MILLION)
TABLE 124 EUROPE: MARINE ENGINES MARKET, BY POWER RANGE, 2024–2029 (USD MILLION)
TABLE 125 EUROPE: MARINE ENGINES MARKET, BY POWER RANGE, 2020–2023 (UNIT)
TABLE 126 EUROPE: MARINE ENGINES MARKET, BY POWER RANGE, 2024–2029 (UNIT)
TABLE 127 EUROPE: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 128 EUROPE: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
TABLE 129 EUROPE: MARINE ENGINES MARKET, BY VESSEL, 2020–2023 (USD MILLION)
TABLE 130 EUROPE: MARINE ENGINES MARKET, BY VESSEL, 2024–2029 (USD MILLION)
TABLE 131 EUROPE: MARINE ENGINES MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 132 EUROPE: MARINE ENGINES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  11.3.2 GERMANY
    11.3.2.1 Development of climate-friendly maritime technologies to drive market
TABLE 133 GERMANY: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 134 GERMANY: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 135 GERMANY: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 136 GERMANY: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.3.3 ITALY
    11.3.3.1 Ro-Ro, passenger cabotage routes, and investments in LNG and hydrogen to drive market
TABLE 137 ITALY: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 138 ITALY: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 139 ITALY: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 140 ITALY: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.3.4 RUSSIA
    11.3.4.1 Upgrading and strengthening local shipbuilding industry to drive market
TABLE 141 RUSSIA: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 142 RUSSIA: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 143 RUSSIA: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 144 RUSSIA: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.3.5 FINLAND
    11.3.5.1 Promotion of green shipping corridors and eco-friendly transport to drive market
TABLE 145 FINLAND: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 146 FINLAND: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 147 FINLAND: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 148 FINLAND: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.3.6 FRANCE
    11.3.6.1 Zero-emission aim by mid-century to drive market
TABLE 149 FRANCE: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 150 FRANCE: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 151 FRANCE: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 152 FRANCE: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.3.7 REST OF EUROPE
TABLE 153 REST OF EUROPE: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 154 REST OF EUROPE: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 155 REST OF EUROPE: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 156 REST OF EUROPE: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
11.4 NORTH AMERICA
  11.4.1 IMPACT OF RECESSION ON MARKET IN NORTH AMERICA
TABLE 157 NORTH AMERICA: MARINE ENGINES MARKET, BY ENGINE, 2020–2023 (USD MILLION)
TABLE 158 NORTH AMERICA: MARINE ENGINES MARKET, BY ENGINE, 2024–2029 (USD MILLION)
TABLE 159 NORTH AMERICA: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 160 NORTH AMERICA: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 161 NORTH AMERICA: MARINE ENGINES MARKET, BY POWER RANGE, 2020–2023 (USD MILLION)
TABLE 162 NORTH AMERICA: MARINE ENGINES MARKET, BY POWER RANGE, 2024–2029 (USD MILLION)
TABLE 163 NORTH AMERICA: MARINE ENGINES MARKET, BY POWER RANGE, 2020–2023 (UNIT)
TABLE 164 NORTH AMERICA: MARINE ENGINES MARKET, BY POWER RANGE, 2024–2029 (UNIT)
TABLE 165 NORTH AMERICA: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 166 NORTH AMERICA: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
TABLE 167 NORTH AMERICA: MARINE ENGINES MARKET, BY VESSEL, 2020–2023 (USD MILLION)
TABLE 168 NORTH AMERICA: MARINE ENGINES MARKET, BY VESSEL, 2024–2029 (USD MILLION)
TABLE 169 NORTH AMERICA: MARINE ENGINES MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 170 NORTH AMERICA: MARINE ENGINES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  11.4.2 US
    11.4.2.1 Investments in shipyards and growth in international trade to drive market
TABLE 171 US: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 172 US: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 173 US: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 174 US: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.4.3 CANADA
    11.4.3.1 National Shipbuilding Strategy to drive market
TABLE 175 CANADA: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 176 CANADA: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 177 CANADA: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 178 CANADA: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.4.4 MEXICO
    11.4.4.1 Investments in port infrastructure projects for economic development to drive market
TABLE 179 MEXICO: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 180 MEXICO: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 181 MEXICO: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 182 MEXICO: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
11.5 MIDDLE EAST & AFRICA
  11.5.1 IMPACT OF RECESSION ON MARKET IN MIDDLE EAST & AFRICA
TABLE 183 MIDDLE EAST & AFRICA: MARINE ENGINES MARKET, BY ENGINE, 2020–2023 (USD MILLION)
TABLE 184 MIDDLE EAST & AFRICA: MARINE ENGINES MARKET, BY ENGINE, 2024–2029 (USD MILLION)
TABLE 185 MIDDLE EAST & AFRICA: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 186 MIDDLE EAST & AFRICA: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 187 MIDDLE EAST & AFRICA: MARINE ENGINES MARKET, BY POWER RANGE, 2020–2023 (USD MILLION)
TABLE 188 MIDDLE EAST & AFRICA: MARINE ENGINES MARKET, BY POWER RANGE, 2024–2029 (USD MILLION)
TABLE 189 MIDDLE EAST & AFRICA: MARINE ENGINES MARKET, BY POWER RANGE, 2020–2023 (UNIT)
TABLE 190 MIDDLE EAST & AFRICA: MARINE ENGINES MARKET, BY POWER RANGE, 2024–2029 (UNIT)
TABLE 191 MIDDLE EAST & AFRICA: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 192 MIDDLE EAST & AFRICA: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
TABLE 193 MIDDLE EAST & AFRICA: MARINE ENGINES MARKET, BY VESSEL, 2020–2023 (USD MILLION)
TABLE 194 MIDDLE EAST & AFRICA: MARINE ENGINES MARKET, BY VESSEL, 2024–2029 (USD MILLION)
TABLE 195 MIDDLE EAST & AFRICA: MARINE ENGINES MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 196 MIDDLE EAST & AFRICA: MARINE ENGINES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  11.5.2 GCC COUNTRIES
    11.5.2.1 Heavy investments in expanding and modernizing port infrastructure to drive market
TABLE 197 GCC COUNTRIES: MARINE ENGINES MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 198 GCC COUNTRIES: MARINE ENGINES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  11.5.3 UAE
    11.5.3.1 Trade hub connecting major regions to drive market
TABLE 199 UAE: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 200 UAE: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 201 UAE: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 202 UAE: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.5.4 REST OF GCC COUNTRIES
TABLE 203 REST OF GCC COUNTRIES: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 204 REST OF GCC COUNTRIES: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 205 REST OF GCC COUNTRIES: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 206 REST OF GCC COUNTRIES: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.5.5 TURKEY
    11.5.5.1 Demand for eco-friendly vessels and integration of green technologies to drive market
TABLE 207 TURKEY: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 208 TURKEY: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 209 TURKEY: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 210 TURKEY: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.5.6 SOUTH AFRICA
    11.5.6.1 Shipbreaking and ship repair industry to drive market
TABLE 211 SOUTH AFRICA: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 212 SOUTH AFRICA: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 213 SOUTH AFRICA: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 214 SOUTH AFRICA: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.5.7 EGYPT
    11.5.7.1 Freight transport through Suez Canal to drive market
TABLE 215 EGYPT: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 216 EGYPT: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 217 EGYPT: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 218 EGYPT: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.5.8 REST OF MIDDLE EAST & AFRICA
TABLE 219 REST OF MIDDLE EAST & AFRICA: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 220 REST OF MIDDLE EAST & AFRICA: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 221 REST OF MIDDLE EAST & AFRICA: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 222 REST OF MIDDLE EAST & AFRICA: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
11.6 SOUTH AMERICA
  11.6.1 IMPACT OF RECESSION ON MARKET IN SOUTH AMERICA
TABLE 223 SOUTH AMERICA: MARINE ENGINES MARKET, BY ENGINE, 2020–2023 (USD MILLION)
TABLE 224 SOUTH AMERICA: MARINE ENGINES MARKET, BY ENGINE, 2024–2029 (USD MILLION)
TABLE 225 SOUTH AMERICA: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 226 SOUTH AMERICA: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 227 SOUTH AMERICA: MARINE ENGINES MARKET, BY POWER RANGE, 2020–2023 (USD MILLION)
TABLE 228 SOUTH AMERICA: MARINE ENGINES MARKET, BY POWER RANGE, 2024–2029 (USD MILLION)
TABLE 229 SOUTH AMERICA: MARINE ENGINES MARKET, BY POWER RANGE, 2020–2023 (UNIT)
TABLE 230 SOUTH AMERICA: MARINE ENGINES MARKET, BY POWER RANGE, 2024–2029 (UNIT)
TABLE 231 SOUTH AMERICA: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 232 SOUTH AMERICA: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
TABLE 233 SOUTH AMERICA: MARINE ENGINES MARKET, BY VESSEL, 2020–2023 (USD MILLION)
TABLE 234 SOUTH AMERICA: MARINE ENGINES MARKET, BY VESSEL, 2024–2029 (USD MILLION)
TABLE 235 SOUTH AMERICA: MARINE ENGINES MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 236 SOUTH AMERICA: MARINE ENGINES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  11.6.2 BRAZIL
    11.6.2.1 Growing offshore oil exploration to drive market
TABLE 237 BRAZIL: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 238 BRAZIL: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 239 BRAZIL: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 240 BRAZIL: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.6.3 ARGENTINA
    11.6.3.1 Rising shipbuilding sector to drive market
TABLE 241 ARGENTINA: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 242 ARGENTINA: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 243 ARGENTINA: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 244 ARGENTINA: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)
  11.6.4 REST OF SOUTH AMERICA
TABLE 245 REST OF SOUTH AMERICA: MARINE ENGINES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 246 REST OF SOUTH AMERICA: MARINE ENGINES MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 247 REST OF SOUTH AMERICA: MARINE ENGINES MARKET, BY FUEL, 2020–2023 (USD MILLION)
TABLE 248 REST OF SOUTH AMERICA: MARINE ENGINES MARKET, BY FUEL, 2024–2029 (USD MILLION)

12 COMPETITIVE LANDSCAPE

TABLE 249 OVERVIEW OF KEY STRATEGIES ADOPTED BY TOP PLAYERS, APRIL 2020–FEBRUARY 2024
12.1 KEY PLAYER STRATEGIES
12.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS
TABLE 250 MARINE ENGINES MARKET: DEGREE OF COMPETITION
FIGURE 50 MARINE ENGINES MARKET SHARE ANALYSIS, 2023
12.3 REVENUE ANALYSIS
FIGURE 51 TOP PLAYERS IN MARINE ENGINES MARKET FROM 2018 TO 2022
12.4 COMPANY EVALUATION MATRIX
  12.4.1 STARS
  12.4.2 PERVASIVE PLAYERS
  12.4.3 EMERGING LEADERS
  12.4.4 PARTICIPANTS
FIGURE 52 MARINE ENGINES MARKET: COMPANY EVALUATION MATRIX, 2023
  12.4.5 OVERALL COMPANY FOOTPRINT (20 COMPANIES)
FIGURE 53 OVERALL COMPANY FOOTPRINT (20 COMPANIES)
  12.4.6 FUEL: COMPANY FOOTPRINT (25 COMPANIES)
TABLE 251 FUEL: COMPANY FOOTPRINT (25 COMPANIES)
  12.4.7 POWER RANGE: COMPANY FOOTPRINT (25 COMPANIES)
TABLE 252 POWER RANGE: COMPANY FOOTPRINT (25 COMPANIES)
  12.4.8 ENGINE: COMPANY FOOTPRINT (25 COMPANIES)
TABLE 253 ENGINE: COMPANY FOOTPRINT (25 COMPANIES)
  12.4.9 TYPE: COMPANY FOOTPRINT (25 COMPANIES)
TABLE 254 TYPE: COMPANY FOOTPRINT (25 COMPANIES)
  12.4.10 REGION: COMPANY FOOTPRINT (25 COMPANIES)
TABLE 255 REGION: COMPANY FOOTPRINT (25 COMPANIES)
  12.4.11 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
  12.4.12 PROGRESSIVE COMPANIES
  12.4.13 RESPONSIVE COMPANIES
  12.4.14 DYNAMIC COMPANIES
  12.4.15 STARTING BLOCKS
FIGURE 54 MARINE ENGINES MARKET: STARTUP/SME EVALUATION MATRIX, 2023
  12.4.16 COMPETITIVE BENCHMARKING, STARTUPS/SMES, 2023
TABLE 256 MARINE ENGINES MARKET: LIST OF KEY STARTUPS/SMES
TABLE 257 MARINE ENGINES MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES
12.5 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 55 EV/EBITDA OF KEY VENDORS
FIGURE 56 COMPANY VALUATION OF KEY VENDORS
12.6 MARINE ENGINES MARKET: BRAND/PRODUCT COMPARISON
FIGURE 57 BRAND/PRODUCT COMPARISON OF KEY VENDORS
12.7 COMPETITIVE SCENARIO AND TRENDS
  12.7.1 PRODUCT LAUNCHES
TABLE 258 MARINE ENGINES MARKET: PRODUCT LAUNCHES, APRIL 2020 – FEBRUARY 2024
  12.7.2 DEALS
TABLE 259 MARINE ENGINES MARKET: DEALS, MAY 2020 – FEBRUARY 2024
  12.7.3 OTHERS
TABLE 260 MARINE ENGINES MARKET: OTHERS, DECEMBER 2020 – FEBRUARY 2022

13 COMPANY PROFILES

13.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
  13.1.1 CATERPILLAR
TABLE 261 CATERPILLAR: COMPANY OVERVIEW
FIGURE 58 CATERPILLAR: COMPANY SNAPSHOT (2023)
TABLE 262 CATERPILLAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 263 CATERPILLAR: PRODUCT LAUNCHES
TABLE 264 CATERPILLAR: DEALS
TABLE 265 CATERPILLAR: OTHERS
  13.1.2 WДRTSILД
TABLE 266 WДRTSILД: COMPANY OVERVIEW
FIGURE 59 WДRTSILД: COMPANY SNAPSHOT (2023)
TABLE 267 WДRTSILД: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 268 WДRTSILД: PRODUCT LAUNCHES
TABLE 269 WДRTSILД: DEALS
TABLE 270 WДRTSILД: CONTRACTS
  13.1.3 MAN ENERGY SOLUTIONS
TABLE 271 MAN ENERGY SOLUTIONS: COMPANY OVERVIEW
FIGURE 60 MAN ENERGY SOLUTIONS: COMPANY SNAPSHOT (2022)
TABLE 272 VOLKSWAGEN GROUP (MAN ENERGY SOLUTIONS): PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 273 VOLKSWAGEN GROUP (MAN ENERGY SOLUTIONS): PRODUCT LAUNCHES
TABLE 274 MAN ENERGY SOLUTIONS: DEALS
TABLE 275 MAN ENERGY SOLUTIONS: OTHERS
  13.1.4 AB VOLVO PENTA
TABLE 276 AB VOLVO PENTA: COMPANY OVERVIEW
FIGURE 61 AB VOLVO PENTA: COMPANY SNAPSHOT (2023)
TABLE 277 AB VOLVO PENTA: PRODUCTS /SOLUTIONS/SERVICES OFFERED
TABLE 278 AB VOLVO PENTA: PRODUCT LAUNCHES
TABLE 279 AB VOLVO PENTA: DEALS
TABLE 280 AB VOLVO PENTA: OTHERS
  13.1.5 ROLLS-ROYCE PLC
TABLE 281 ROLLS-ROYCE PLC: COMPANY OVERVIEW
FIGURE 62 ROLLS-ROYCE PLC: COMPANY SNAPSHOT (2023)
TABLE 282 ROLLS-ROYCE PLC: PRODUCTS /SOLUTIONS/SERVICES OFFERED
TABLE 283 ROLLS-ROYCE HOLDINGS: DEALS
TABLE 284 ROLLS- ROYCE PLC: CONTRACTS
  13.1.6 HD HYUNDAI HEAVY INDUSTRIES CO., LTD.
TABLE 285 HD HYUNDAI HEAVY INDUSTRIES CO., LTD.: COMPANY OVERVIEW
FIGURE 63 HD HYUNDAI HEAVY INDUSTRIES CO., LTD.: COMPANY SNAPSHOT (2022)
TABLE 286 HD HYUNDAI HEAVY INDUSTRIES CO., LTD.: PRODUCTS /SOLUTIONS/SERVICES OFFERED
TABLE 287 HD HYUNDAI HEAVY INDUSTRIES CO., LTD.: DEALS
TABLE 288 HD HYUNDAI HEAVY INDUSTRIES CO., LTD.: CONTRACTS
  13.1.7 MITSUBISHI HEAVY INDUSTRIES, LTD.
TABLE 289 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW
FIGURE 64 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT (2023)
TABLE 290 MITSUBISHI HEAVY INDUSTRIES, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 291 MITSUBISHI HEAVY INDUSTRIES, LTD.: DEALS
TABLE 292 MITSUBISHI HEAVY INDUSTRIES, LTD.: OTHERS
  13.1.8 CUMMINS INC.
TABLE 293 CUMMINS INC.: COMPANY OVERVIEW
FIGURE 65 CUMMINS INC.: COMPANY SNAPSHOT (2023)
TABLE 294 CUMMINS INC.: PRODUCTS /SOLUTIONS/SERVICES OFFERED
TABLE 295 CUMMINS INC.: PRODUCT LAUNCHES
TABLE 296 CUMMINS INC.: DEALS
  13.1.9 DAIHATSU DIESEL MFG. CO., LTD.
TABLE 297 DAIHATSU DIESEL MFG., CO. LTD.: COMPANY OVERVIEW
FIGURE 66 DAIHATSU DIESEL MFG. CO. LTD: COMPANY SNAPSHOT (2023)
TABLE 298 DAIHATSU DIESEL MFG. CO., LTD.: PRODUCTS /SOLUTIONS/SERVICES OFFERED
TABLE 299 DAIHATSU DIESEL MFG. CO LTD.: PRODUCT LAUNCHES
TABLE 300 DAIHATSU: DEALS
TABLE 301 DAIHATSU DIESEL MFG. CO., LTD.: OTHERS
  13.1.10 DEUTZ AG
TABLE 302 DEUTZ AG: COMPANY OVERVIEW
FIGURE 67 DEUTZ AG: COMPANY SNAPSHOT (2023)
TABLE 303 DEUTZ AG: PRODUCTS /SOLUTIONS/SERVICES OFFERED
TABLE 304 DEUTZ AG: DEALS
TABLE 305 DEUTZ AG: OTHERS
  13.1.11 WINGD
TABLE 306 WINGD: COMPANY OVERVIEW
TABLE 307 WINGD: PRODUCTS /SOLUTIONS/SERVICES OFFERED
TABLE 308 WINGD: PRODUCT LAUNCHES
TABLE 309 WINGD: DEALS
TABLE 310 WINGD: OTHERS
  13.1.12 FAIRBANKS MORSE DEFENSE
TABLE 311 FAIRBANKS MORSE DEFENSE: COMPANY OVERVIEW
TABLE 312 FAIRBANKS MORSE: PRODUCTS /SOLUTIONS/SERVICES OFFERED
TABLE 313 FAIRBANKS MORSE DEFENSE: PRODUCT LAUNCHES
TABLE 314 FAIRBANKS MORSE DEFENSE: DEALS
TABLE 315 FAIRBANKS MORSE DEFENSE: OTHERS
  13.1.13 WABTEC CORPORATION
TABLE 316 WABTEC CORPORATION: COMPANY OVERVIEW
FIGURE 68 WABTEC CORPORATION: COMPANY SNAPSHOT (2022)
TABLE 317 WABTEC CORPORATION: PRODUCTS /SOLUTIONS/SERVICES OFFERED
TABLE 318 WABTEC CORPORATION: OTHERS
  13.1.14 YANMAR MARINE INTERNATIONAL
TABLE 319 YANMAR MARINE INTERNATIONAL: COMPANY OVERVIEW
TABLE 320 YANMAR MARINE INTERNATIONAL: PRODUCTS /SOLUTIONS/SERVICES OFFERED
TABLE 321 YANMAR MARINE INTERNATIONAL: PRODUCT LAUNCHES
TABLE 322 YANMAR MARINE INTERNATIONAL: DEALS
  13.1.15 ISOTTA FRASCHINI MOTORI S.P.A.
TABLE 323 ISOTTA FRASCHINI MOTORI S.P.A.: COMPANY OVERVIEW
TABLE 324 ISOTTA FRASCHINI MOTORI S.P.A.: PRODUCTS /SOLUTIONS/SERVICES OFFERED
13.2 OTHER PLAYERS
  13.2.1 CNPC JICHAI POWER COMPANY LIMITED
  13.2.2 BERGEN ENGINES
  13.2.3 MAHINDRA POWEROL
  13.2.4 IHI POWER SYSTEMS CO., LTD.
  13.2.5 WEICHAI HOLDING GROUP CO., LTD.
  13.2.6 AGCO POWER
  13.2.7 PERKINS ENGINES COMPANY LIMITED
  13.2.8 KAWASAKI HEAVY INDUSTRIES, LTD.
  13.2.9 SCANIA
  13.2.10 COOPER CORP.
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

14 APPENDIX

14.1 INSIGHTS FROM INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 CUSTOMIZATION OPTIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS