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Recreational Marine Emission Control Systems Market Trends

Report ID: GMI12374
Published Date: Nov 2024
Report Format: PDF

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Recreational Marine Emission Control Systems Market Trends

Increasing environmental consciousness among boaters, encouraging them to seek ways to reduce their carbon footprint and make boats more eco-friendly will foster product demand. Furthermore, rising incorporation of emission control systems by manufacturers into their products as a means of differentiator in the competitive market will create lucrative opportunities for the industry expansion.

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The recreational marine emission control systems market was valued at USD 2.8 billion in 2024 and is estimated to grow at a CAGR of 8.1% from 2025 to 2034, driven by the expansion in global seaborne trade and technological advancements.

The scrubber segment is anticipated to exceed USD 3.9 billion by 2034, due to rising demand for products that provide operational flexibility, allowing shipowners to select fuel types based on market conditions and availability.

The hybrid fuel segment is set to grow at a CAGR of over 9.5% through 2034, led by the increasing demand for fuels that enable shipowners to switch between various fuel types, thereby lowering operational costs.

The U.S. recreational marine emission control systems market is likely to exceed USD 900 million by 2034, led by shipping companies' focus on aligning operations with Corporate Social Responsibility (CSR) goals and the growing pressure from stakeholders to adopt environmentally friendly practices.

Key players in the industry include ALFA LAVAL, Babcock and Wilcox Enterprises, CR Ocean Engineering, Clean Marine, Environmental Energy Services Corporation, Ecospec, Fuji Electric, Langh Tech, MAN Energy Solutions, STAX Engineering, Tenneco, Valmet, Wartsila, and Yara International.