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Marine Emission Control Systems Market Share

Report ID: GMI2542
Published Date: Feb 2023
Report Format: PDF

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Marine Emission Control Systems Market Share

Some of the leading companies in the global marine emission control systems market include

HYUNDAI HEAVY INDUSTRIES CO., LTD.
IHI Corporation
Tenneco Inc.
Ecospec
NovelTech Pte Ltd
ME Production
ALFA LAVAL
HAMON
CR Ocean Engineering
DuPont

These firms are implementing strategic collaborations and partnerships for expanding their business footprint and customer reach. For instance, in September 2022, Hug Engineering entered an agreement with Scania to distribute its IMO Tier III emission control technologies across Scania’s large marine engines with an output capacity of 640kW.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of marine emission control systems crossed USD 11 billion in 2022 and is anticipated to record 8.5% gains through 2032.

The SCR technology segment is poised to surpass USD 10 billion by 2032 due to increasing nitrogen oxide emissions in the marine ecosystem.

The Asia Pacific market is slated to expand at over 7% CAGR between 2023-2032 driven by a surge in maritime transportation activities.

IHI Corporation, Tenneco Inc., Ecospec, ME Production, ALFA LAVAL, HAMON, CR Ocean Engineering, and DuPont are some of the major companies in the global market.