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Marine Engines Market Share

Report ID: GMI2572
Published Date: Jul 2020
Report Format: PDF

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Marine Engines Market Share

The manufacturers are primarily focusing on mergers & acquisitions, new product launch, and R&D to achieve competitive advantage in the industry. Key players operating in the marine engines market include

MAN Energy Solutions
Duetz
Shanghai Diesel Engine
John Deere
Volvo Penta
Weichai
Yanmar Holdings
Wärtsila
Brunswick
Cummins
Anglo Belgian Corporation
Caterpillar
Rolls Royce
STX Engines
Scania
Yamaha
IHI

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The overall marine engines industry is anticipated to acquire a revenue share of USD 8.8 bn by the end of 2026.

< 1,000 HP marine engines will be the products of choice for stakeholders, as they fulfil the massive capacity requirement of merchant ships. < 1,000 HP segment may register 4.1% CAGR through 2026.

Two-stroke marine engines business is expected to witness 5.1% CAGR through 2026, propelled by the myriad technological developments in tandem with enhanced operational efficiency of these engines.

Marine engines will be extremely popular in the UAE, which in 2019 held more than 14% of the Middle East marine engines market share owing to rising number of production and exploration activities.