Global Marine Hybrid Propulsion Market Size & Trends
According to a new market research report published by Global Market Estimates, the Global Marine Hybrid Propulsion Market is projected to grow at a CAGR value of 13.9% from 2022 to 2027.
The market will be driven during the forecast period by the increase in manufacturing of commercial and defence ships and cargo vessels, rising demand for fuel efficient systems in the maritime industry, stringent rules and regulations with respect to fuel emissions due to maritime activities and substantial increase in the budgets allotted to naval defense.
Browse 153 Market Data Tables and 113 Figures spread through 185 Pages and in-depth TOC on “Global Marine Hybrid Propulsion Market - Forecast to 2027’’ https://www.globalmarketestimates.com/market-report/marine-hybrid-propulsionmarket-3802
By Product Type (Diesel-Electric, Parallel Electric, and Serial Hybrid), By End-Use (Tugboats, Offshore Support Vessels, Ferries, Defense Vessels, Yacht, and Cruise Ships), By Power Ratings (0-300 kW, 301-500 kW, 501-800 kW, and Above 801 kW), By Stroke (Two Stroke and Four Stroke), By RPM (0-1,000 RPM, 1,001-2,500 RPM, and Above 2,500 RPM), By Region (North America, Asia Pacific, Central & South America, Europe, and the Middle East & Africa), End-User Landscape Analysis, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
As per the product type outlook, the diesel-electric is expected to be the largest segment in the marine hybrid propulsion market from 2022 to 2027 The Asia Pacific region is analyzed to be the fastest-growing segment in the market
United States (North America) has the largest share in the market during the forecast period of 2022-2027. As per the end-use outlook, the tugboats segment is expected to be the largest segment in the market from 2022 to 2027 Cummins Inc, AB Volvo Penta, Rolls-Royce Plc, Nigata Power Systems Co., Ltd., Fairbanks Morse Engine, Masson-Marine S.A.S, Caterpillar Inc., BAE Systems pls, Wartsila Corporation and MAN Diesel & Turbo SE among others are the key players in the marine hybrid propulsion market.
Product Type Outlook (Revenue, USD Billion, 2022-2027)
Diesel-Electric Parallel Electric
Serial Hybrid
End-Use Outlook (Revenue, USD Billion, 2022-2027)
Tugboats
Offshore Support Vessels
Ferries
Defense Vessels
Yacht
Cruise Ships
Power Rating Outlook (Revenue, USD Billion, 2022-2027)
0-300 kW
301-500 kW
501-800 kW
Above 801 kW
Stroke Outlook (Revenue, USD Billion, 2022-2027)
Two Stroke
Four Stroke
RPM Outlook (Revenue, USD Billion, 2022-2027)
0-1,000 RPM
1,001-2,500 RPM
Above 2,500 RPM
Regional Outlook (Revenue, USD Billion, 2022-2027) North America
The U.S. Canada
Mexico
Europe
Germany UK France Spain Italy
Rest of Europe
Asia Pacific
China India Japan South Korea Australia Rest of APAC
Central & South America
Brazil Argentina Rest of CSA
Middle East & Africa
Saudi Arabia UAE Rest of MEA
Contact: Yash Jain Email address: yash.jain@globalmarketestimates.com Phone Number: +1 6026667238