Home > Energy & Power > Electrical Equipment > Generator Sets > Hybrid Marine Gensets Market
Hybrid Marine Gensets Market Size
- Report ID: GMI7343
- Published Date: Nov 2023
- Report Format: PDF
Hybrid Marine Gensets Market Size
Hybrid Marine Gensets Market was valued at USD 142.6 million in 2022 and is anticipated to grow at a CAGR of over 9.9% between 2023 and 2032. The increasing concern toward the emissions along with implementation of stringent government regulations will favor the industry scenario. For instance, the Clean Shipping Act of 2022 was presented to the U.S. House of Representatives in July 2022, which aimed to establish carbon intensity regulations for the fuel used by marine vessels.
The growing population index along with ongoing infrastructural developments across emerging economies will increase the demand for seaborne trade across the world, which in turn will fuel the business outlook. The increase in the export & import of merchandise & commodities including crude oil, ores, and minerals will further stimulate the industry growth
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Hybrid Marine Gensets Market Size in 2022: | USD 142.6 Million |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 9.9% |
| 2032 Value Projection: | USD 368.8 Million |
| Historical Data for: | 2019 to 2022 |
| No. of Pages: | 300 |
| Tables, Charts & Figures: | 818 |
| Segments covered: | Power Rating, Type, Application |
| Growth Drivers: |
|
| Pitfalls & Challenges: |
|
Frequently Asked Questions (FAQ) :
Hybrid Marine Gensets Market Scope
