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Home » Aerospace and Defense » Marine Propulsion Systems Market Size, Trends and growth Segment analysis 2023-2030

Marine Propulsion Systems Market By Product Type (Steam Turbine, Diesel, Gas Turbine, Wind & Solar, Fuel Cell, Natural Gas, Others); By Technology (High Speed, Medium speed, Low Speed); By Power Type; By Propulsion Type; By Application; By Geography, Segment revenue estimation, Forecast, 2023-2030.

Published On: OCT-2023   |   Base Year: 2021   |   No Of Pages: 150   |   Historical Data: 2017-2020   |   Formats: PDF   |   Report ID: 20420984

The market for marine propulsion systems in 2022 was USD 25.6 billion and will grow at a CAGR of 3.1% during the forecast period.

 

Marine Propulsion Market By Infographic

 

The global economy and international trade rely heavily on maritime transportation, contributing significantly to greenhouse gas emissions. The maritime industry has come a long way in terms of R&D for lowering propulsion costs without increasing marine pollution. Although the ship's traditional propulsion system is effective, it has high operational expenses and contributes to increased maritime pollution. The electrical propulsion system is currently one of the most well-tested alternatives among all the potential alternative power sources. Most contemporary ships are propelled by mechanical systems, including an engine or motor that turns a propeller. 

 

Marine propulsion systems propel ships and improve safety standards for the ecosystem. Global emission reduction targets exist for the maritime industry. The International Maritime Organization aims to reduce the carbon intensity of international shipping by as much as 40% by 2030 and 70% by 2050. The IMO made this decision in support of Sustainable Development Goal 13 of the U.N., which calls for immediate action to tackle climate change and its effects.

 

The market for marine propulsion systems is developing due to the growth of the world economy and international trade. The expansion of maritime trade and the size of the fleet will favourably influence market growth. The potential of the sector will be boosted by the increasing demand for high-performance engines for the transportation of heavy loads and the growing attention being paid to the development of propulsion systems that offer improved fuel efficiency in order to lower operating costs and minimize environmental effects.

 

Market Drivers

The market growth is strongly influenced by the rising marine trade activities and strict environmental regulations to lessen emission.

  • The marine trade is increasing globally as a result of globalization and rising consumer demand. Due to the expansion of maritime activities, there is now a higher demand for ships, which raises the need for marine propulsion systems. The liberalization of national economies has fuelled the expansion of free trade and demand for consumer goods, while technological advancements have increased the effectiveness and speed of shipping. According to UNCTAD, throughout 2023–2027, the maritime trade is anticipated to expand at a rate of 2.1% yearly. The maritime trade is anticipated to increase by 2.4% in 2023 and by more than 2% from 2024 to 2028. Thus, the rising maritime trade will boost the market for marine propulsion systems.

  • Propulsion systems are becoming cleaner and more effective as a result of strict environmental rules aimed at lowering emissions and enhancing fuel efficiency. To comply with these restrictions, ship owners and operators are spending money on technology like LNG (liquefied natural gas) propulsion, electric propulsion, and hybrid systems. The IMO has implemented the International Convention for the Prevention of Pollution from Ships & Sulphur Cap to lessen the environmental impact of the shipping industry. A comprehensive set of regulations called MARPOL was established to prevent and reduce marine pollution caused by ships. It provides guidelines for preventing pollution from oil, toxic liquids, dangerous packaged goods, sewage, and garbage. The Sulphur Cap restricts the quantity of sulfur oxides (SOx) that ships can emit starting January 1, 2020. The cap seeks to improve air quality and reduce pollution, especially in port and coastal areas. Liquefied natural gas is a better option than high-sulfur fuel oil for use in ships. The International Council on Clean Transportation has reported that more and more ships, such as container and cruise ships, are adopting LNG due to its lower carbon dioxide emissions per unit of propulsion, approximately 25% less than conventional marine fuels. As a result, these environmental regulations are driving the expansion of the marine propulsion systems market.

 

Restraints

Factors like high initial costs of modern propulsion technologies, infrastructure constraints, regulatory hurdles, fuel price volatility, and technology uncertainties hamper the market for marine propulsion systems growth. To overcome the constraints of the shifting maritime industry, collaboration, innovation, and adaptability are essential.

 

Opportunity 

  • The worldwide decarbonization movement and the tightening of marine emissions standards have pushed the introduction of alternative fuels in the maritime sector. An essential method for maritime decarbonization is the deployment of a variety of alternative marine fuels and renewable energy sources. The United States Environmental Protection Agency strongly predicts that the air, land, and sea travel transportation accounts for about 14% of greenhouse gas (GHG) emissions worldwide. Shipping alone is responsible for over 80% of all goods sold worldwide by volume and accounts for 2-3% of global greenhouse gas emissions, putting the maritime industry in the spotlight for decarbonization. Switching to the use of alternative fuels and energy sources has become a practical requirement for many shipping firms, particularly since the International Maritime Organization (IMO) approved its initial strategy for decreasing the emissions of greenhouse gas (GHG) from ships. Liquefied natural gas (LNG), ammonia, liquefied biogas (LBG), hydrogen, ethanol, methanol, hydrotreated vegetable oil (HVO), fuel cells, nuclear power, wind power, solar power, and electricity are some of the cleaner alternatives of the marine fuels and energies. According to the report furnished by the International Council on Clean Transportation (ICCT), the most common LNG ship engine, notably for cruise ships, produces between 70% and 82% greater life cycle GHG emissions over the near term than engines fueled by clean distillate fuels. Therefore, the adoption of alternative fuels will open up new growth opportunities in the future for marine propulsion systems.

  • Electrification has been regarded as one of the most effective options for decreasing marine industry emissions, particularly in light of the IMO's demand to reduce emissions by half by 2050. Norway is an excellent example of how new regulatory requirements might hasten the electrification transition in the marine industry. The World Heritage sites of Geirangerfjord and Naeryfjord will require zero-emission vehicles starting in 2026 under new government requirements. In order to operate in the fjords, only electric-powered boats will be permitted. Thus, the electrification of the marine industry will boost the marine propulsion system market forward.

 

Marine Propulsion Market By Revenue

 

Market Segmentation 

The market segmentation of marine propulsion systems is done on the basis of product type, technology, power type, propulsion, application, and region. 

By Product Type

  • Steam Turbine

  • Diesel

  • Gas Turbine

  • Wind & Solar

  • Fuel Cell

  • Natural Gas

  • Others

 

By Technology

  • High Speed 

  • Medium speed

  • Low Speed

 

By Power Type

  • >20,000 HP

  • 10,001-20,000 Hp

  • 5,001-10,000 Hp

  • 1,001-5,000 HP

  • <1,000 HP

 

By Propulsion Type  

  • 4-Stroke

  • 2-Stroke

 

By Application 

  • Recreational 

  • Offshore

  • Tankers

  • Commercial 

  • Container Vessel

 

By Region 

North America

  • Canada 

  • United States

Asia Pacific

  • South Korea

  • China

  • Singapore

  • Japan

  • India

  • Vietnam

  • Australia

  • Rest of APAC

Europe     

  • France

  • Denmark

  • Germany

  • Norway

  • Belgium

  • Spain

  • Italy

  • Russia

  • Netherlands

  • U.K.

  • Rest of Europe

 

Middle East & Africa

  • UAE

  • South Africa

  • Iran

  • Saudi Arabia

  • Egypt

 

Latin America

  • Brazil 

  • Mexico

  • Argentina

 

Marine Propulsion Market By Technology

 

On the basis of product type, the diesel sector held a significant share of the market. The diesel system is the most popular marine propulsion system for converting thermal energy into mechanical energy. Along with small boats and leisure vessels, practically all types of watercraft use diesel power systems. They function significantly more effectively than their steam turbine equivalents and are utilized as both main and auxiliary engines. For example, the Wärtsilä diesel engine propulsion system powers the largest marine engine in the world.

 

On the basis of technology, the low speed marine propulsion system accounted for the largest revenue share in 2022. The low speed marine diesel engine is the most efficient ship propulsion system. Low-speed marine propulsion systems are increasingly being used because of their high fuel efficiency, strict emissions regulation, adaptation to alternative fuels like LNG, reliability, and long-term cost-effectiveness.

 

On the basis of propulsion type, the 2-stroke segment ruled the market. In a two-stroke engine, a power stroke occurs every two strokes or one crankshaft rotation. This means that within one revolution, all four operations are completed. As a result, two-stroke engines are more compact than four-stroke marine diesel engines and have a higher power-to-weight ratio, greater stability, and simpler design.

 

On the basis of application, the recreational segment ruled the market with a significant revenue share. The dominant position of this segment is due to rising disposable incomes, increasing expenditures on leisure activities, and rising marine tourism. Due to higher disposable incomes and rapid urbanization, leisure spending has increased in APAC and North America.

 

Regionally, Asia Pacific is the biggest market for marine propulsion systems due to its long coastline, numerous maritime trade routes, and rising demand for various vessel types. The integration of advanced propulsion technologies is critical for shipbuilders in countries like Japan, South Korea, and China to incorporate into various types of vessels, including cargo and naval ships.

 

In the Asia-Pacific region, LNG propulsion systems are becoming more common, particularly for big commercial vessels. LNG propulsion options are being actively investigated and adopted in China, South Korea, and Japan.

 

Electric propulsion systems, such as electric motors and batteries, are increasingly used in the maritime sector due to their improved efficiency and positive impact on the environment. These systems are commonly found in smaller boats, ferries, and research vessels. The technology behind electric propulsion has advanced significantly in China and Japan.

 

Key Players 

  • Anglo Belgian Corporation

  • Caterpillar

  • STX ENGINE

  • IHI Power Systems Co., 

  • MAN Energy Solutions

  • Rolls-Royce

  • Kawasaki Heavy Industries

  • DEUTZ AG

  • Deere & Company

  • Wartsila

  • Hyundai Heavy Industries

  • Weichai Holdings Group

  • Yamaha Motor Co., 

  • Ab Volvo Penta

  • Others

 

Electric Space Propulsion System Market By Region

 

Recent Developments

  • In August 2023, The AvatorTM 35e and 20e electric propulsion systems were unveiled by Mercury Marine, a division of Brunswick Corporation. As part of their commitment to becoming the leading name in electric propulsion, Mercury plans to launch two more electric outboard models in the coming months. 

  • In August 2023, The world's largest maritime manufacturing company, Wärtsilä, will provide the propulsion system and waterjets for the largest battery-electric ship ever built by Incat Tasmania. The 40 MWh battery modules, D.C. hub, and eight electric motors will all be supplied by the Finnish company for the project, along with its energy management, power conversion, and D.C. shore charging systems.

  • In March 2023, Kongsberg Maritime sold 6 sets of Controllable Pitch Propeller systems to the Hyundai Heavy Industries. These systems will be installed & used by the Philippine Navy. The propulsion set includes a Twin Kongsberg CPP, hydraulic power units, shaft lines, local operating panels, and accessories. These six new offshore patrol vessels (OPVs) will significantly improve the Philippine Navy's naval capability. The ships will have a displacement of 2,450 tons, a top speed of 22 knots, a cruise speed of 15 knots, and a range of 5,500 nautical miles. 

  • In October 2023, Yanmar Power Technology which is a subsidiary of Yanmar Holdings, successfully commercialized a marine hydrogen fuel cell system. YPT aims to propose the installation of this system on a variety of ships, such as passenger ships, workboats, and cargo ships operating in coastal regions where hydrogen refueling is reasonably accessible. The fuel cell has a rated output of 300 kW and weighs 3,000 kilos. It provides low levels of noise and vibration, and a gas valve unit is included in the system housing for easy installation on ships. The system includes a marine hydrogen fuel cell module that has received Approval in Principle (AIP) from ClassNK, although the application for the system's AIP is still pending.

  • In September 2023, Excelerate Energy Inc., an American ship owner, has chosen the SeaGreen integrated power and propulsion system by GE Vernova to power and propel their next-generation FSRU. The system features high power-density induction motor technology. The contract for this project was recently awarded to GE Vernova's Power Conversion by H.D. Hyundai Heavy Industries Co.

Frequently Asked Question About This Report

Sources:

https://www.adv-polymer.com/blog/marine-propulsion-systems

https://unctad.org/publication/review-maritime-transport-2023#:~:text=Maritime%20trade%20is%20expected%20to,resilient%20future%20for%20maritime%20transport.

https://www.visiwise.co/blog/environmental-regulations/

https://www.frontiersin.org/articles/10.3389/fmars.2022.1082453/full#:~:text=These%20cleaner%20alternative%20marine%20fuels,al.%2C%202021%3B%20Santos%20et

https://www.nautilusshipping.com/marine-propulsion-systems/

https://www.researchgate.net/publication/289982210_Influence_of_Low-Speed_Marine_Diesel_Engine_Settings_on_Waste_Heat_Availability

https://news.marketersmedia.com/recreational-boating-market-trends-2021-global-demand-analysis-to-2026-gmi/89038680

https://www.navalnews.com/naval-news/2023/03/kongsberg-propulsion-systems-for-the-philippine-navys-new-opvs/

https://www.bairdmaritime.com/gear/equipment/engines-propulsion-systems/gear-new-300kw-hydrogen-fuel-cell-under-development/

https://kfiz.com/mercury-marine-announce-two-new-electric-propulsion-systems/

Table of Contents

1.    EXECUTIVE SUMMARY
1.1. Market Attractiveness
1.2. Understanding the Target Customers
1.3. CXO perspective
1.4. Global Marine Propulsion Systems Market, Historical Market Size & Future Projections Analysis
1.5. Global Marine Propulsion Systems Market, By Product Type
1.6. Global Marine Propulsion Systems Market, By Technology
1.7. Global Marine Propulsion Systems Market, By Power Type
1.8. Global Marine Propulsion Systems Market, By Propulsion Type
1.9. Global Marine Propulsion Systems Market, By Application
1.10. Global Marine Propulsion Systems Market, By Region
2.    MARKET SHARE ANALYSIS
2.1. Top 10 Players with Revenue and Sales Volume
2.2. Market Share, 2022
3.    SALES VOLUME (UNITS), NUMBER OF TECHNOLOGYS/NUMBER OF DEPLOYMENTS (UNITS), BY REGION
3.1. North America (United States, Canada)
3.2. Europe (UK, Germany, France, Netherlands, Italy, Spain, Benelux, Rest of Europe)
3.3. Asia Pacific (China, Japan, South Korea, India, Australia, Rest of APAC)
3.4. Latin America
3.5. Middle East and Africa
4.    INVESTMENT OPPORTUNITIES IN THE MARKET
4.1. On Going Market Developments
4.2. Merger & Acquisition Trends
4.3. Key Investment Opportunities
4.4. Most Potential Product Type Segments from Growth and Investment Perspective
5.    MARKET INTRODUCTION
5.1. Definition
5.2. Scope of the Study
5.3. Market Structure
5.4. Macro Factor Indicator Analysis
5.5. Key findings
5.5.1. Top investment pockets
6.    RESEARCH METHODOLOGY
6.1. Research Process
6.2. Primary Research
6.3. Secondary Research
6.4. Market Size Estimation
6.5. Forecast Model
7.    MARKET DYNAMICS
7.1. Introduction
7.2. Drivers
7.3. Restraints
7.4. Opportunities
7.5. Challenges
7.6. Covid 19 Impact Analysis
8.    GLOBAL MARINE PROPULSION SYSTEMS MARKET ANALYSIS BY SEGMENT (REGION LEVEL ANALYSIS)
8.1. Overview
8.2. Global Marine Propulsion Systems Historical Market size ($MILLION), Sales Volume, (2017 – 2021)
8.3. Global Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027)
8.4. Global Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Product Type
8.4.1. Steam Turbine
8.4.2. Diesel
8.4.3. Gas Turbine
8.4.4. Wind & Solar
8.4.5. Fuel Cell
8.4.6. Natural Gas
8.4.7. Others
8.5. Global Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Technology
8.5.1. High Speed
8.5.2. Medium speed
8.5.3. Low Speed
8.5.4. Others
8.6. Global Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Power Type
8.6.1. >20,000 HP
8.6.2. 10,001-20,000 Hp
8.6.3. 5,001-10,000 Hp   
8.6.4. 1,001-5,000 HP
8.6.5. <1,000 HP
8.7. Global Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Propulsion Type
8.7.1. 4-Stroke
8.7.2.  2-Stroke
8.8. Global Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Application
8.8.1. Recreational
8.8.2. Offshore
8.8.3. Tankers
8.8.4. Commercial
8.8.5. Container Vessel
8.9. Global Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Geography
8.9.1. North America
8.9.2. Asia Pacific
8.9.3. Europe
8.9.4. Latin America
8.9.5. Middle East and Africa
9.    NORTH AMERICA MARINE PROPULSION SYSTEMS MARKET ANALYSIS
9.1. Overview
9.2. North America Marine Propulsion Systems Historical Market size ($MILLION), Sales Volume, (2017 – 2021)
9.3. North America Marine Propulsion Systems Market size ($MILLION), Sales Volume and Forecasts (2022 – 2027)
9.4. North America Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Product Type
9.4.1. Steam Turbine
9.4.2. Diesel
9.4.3. Gas Turbine
9.4.4. Wind & Solar
9.4.5. Fuel Cell
9.4.6. Natural Gas
9.4.7. Others
9.5. North America Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Technology
9.5.1. High Speed
9.5.2. Medium speed
9.5.3. Low Speed
9.5.4. Others
9.6. North America Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Power Type
9.6.1. >20,000 HP
9.6.2. 10,001-20,000 Hp
9.6.3. 5,001-10,000 Hp   
9.6.4. 1,001-5,000 HP
9.6.5. <1,000 HP
9.7. North America Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Propulsion Type
9.7.1. 4-Stroke
9.7.2.  2-Stroke     
9.8. North America Marine Propulsion Systems Market  size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Application
9.8.1. Recreational
9.8.2. Offshore
9.8.3. Tankers
9.8.4. Commercial
9.8.5. Container Vessel
9.9. North America Marine Propulsion Systems Market  size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Geography
9.9.1. USA
9.9.1.1.    California
9.9.1.2.    Texas
9.9.1.3.    Florida
9.9.1.4.    Pennsylvania
9.9.1.5.    Illinois
9.9.1.6.    North Carolina
9.9.1.7.    Rest of the U.S.
9.9.2. Canada
9.9.3. Rest of North America
10.    EUROPE MARINE PROPULSION SYSTEMS MARKET ANALYSIS
10.1. Overview
10.2. Europe Marine Propulsion Systems Historical Market size ($MILLION), Sales Volume, (2017 – 2021)
10.3. Europe Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027)
10.4. Europe Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Product Type
10.4.1. Steam Turbine
10.4.2. Diesel
10.4.3. Gas Turbine
10.4.4. Wind & Solar
10.4.5. Fuel Cell
10.4.6. Natural Gas
10.4.7. Others
10.5. Europe Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Technology
10.5.1. High Speed
10.5.2. Medium speed
10.5.3. Low Speed
10.5.4. Others
10.6. Europe Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Power Type
10.6.1. >20,000 HP
10.6.2. 10,001-20,000 Hp
10.6.3. 5,001-10,000 Hp   
10.6.4. 1,001-5,000 HP
10.6.5. <1,000 HP
10.7. Europe Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Propulsion Type
10.7.1. 4-Stroke
10.7.2.  2-Stroke     
10.8. Europe Marine Propulsion Systems Market  size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Application
10.8.1. Recreational
10.8.2. Offshore
10.8.3. Tankers
10.8.4. Commercial
10.8.5. Container Vessel
10.9. Europe Global Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Region
10.9.1. Germany
10.9.2. UK
10.9.3. France
10.9.4. Spain
10.9.5. Italy
10.9.6. Benelux
10.9.7. Rest of Europe
11.    ASIA PACIFIC MARINE PROPULSION SYSTEMS MARKET ANALYSIS
11.1. Overview
11.2. Asia Pacific Marine Propulsion Systems Historical Market size ($MILLION), Sales Volume, (2017 – 2021)
11.3. Asia Pacific Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027)
11.4. Asia Pacific Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Product Type
11.4.1. Steam Turbine
11.4.2. Diesel
11.4.3. Gas Turbine
11.4.4. Wind & Solar
11.4.5. Fuel Cell
11.4.6. Natural Gas
11.4.7. Others
11.5. Asia Pacific Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Technology
11.5.1. High Speed
11.5.2. Medium speed
11.5.3. Low Speed
11.5.4. Others
11.6. Asia Pacific Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Power Type
11.6.1. >20,000 HP
11.6.2. 10,001-20,000 Hp  
11.6.3. 5,001-10,000 Hp
11.6.4. 1,001-5,000 HP
11.6.5. <1,000 HP
11.7. Asia Pacific Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Propulsion Type
11.7.1. 4-Stroke
11.7.2.  2-Stroke
11.8. Asia Pacific Marine Propulsion Systems Market  size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Application
11.8.1. Recreational
11.8.2. Offshore
11.8.3. Tankers
11.8.4. Commercial
11.8.5. Container Vessel
11.9. Asia Pacific Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Region
11.9.1. China
11.9.2. Japan
11.9.3. Korea
11.9.4. India
11.9.5. Australia
11.9.6. Rest of APAC
12.    LATIN AMERICA MARINE PROPULSION SYSTEMS MARKET ANALYSIS
12.1. Overview
12.2. Latin America Marine Propulsion Systems Market Historical Market size ($MILLION), Sales Volume, (2017 – 2021)
12.3. Latin America Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027)
12.4. Latin America Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Product Type
12.4.1. Steam Turbine
12.4.2. Diesel
12.4.3. Gas Turbine
12.4.4. Wind & Solar
12.4.5. Fuel Cell
12.4.6. Natural Gas
12.4.7. Others
12.5. Latin America Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Technology
12.5.1. High Speed
12.5.2. Medium speed
12.5.3. Low Speed
12.5.4. Others
12.6. Latin America Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Power Type
12.6.1. >20,000 HP
12.6.2. 10,001-20,000 Hp  
12.6.3. 5,001-10,000 Hp
12.6.4. 1,001-5,000 HP
12.6.5. <1,000 HP
12.7. Latin America Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Propulsion Type
12.7.1. 4-Stroke
12.7.2.  2-Stroke
12.8. Latin America Marine Propulsion Systems Market  size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Application
12.8.1. Recreational
12.8.2. Offshore
12.8.3. Tankers
12.8.4. Commercial
12.8.5. Container Vessel
12.9. Latin America Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Region
12.9.1. Latin America
12.9.2. Middle East
12.9.3. Africa   
13.    MIDDLE EAST AND AFRICA MARINE PROPULSION SYSTEMS MARKET ANALYSIS
13.1. Overview
13.2. Middle East and Africa Marine Propulsion Systems Market Historical Market size ($MILLION), Sales Volume, (2017 – 2021)
13.3. Middle East and Africa Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027)
13.4. Middle East and Africa Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Product Type
13.4.1. Steam Turbine
13.4.2. Diesel
13.4.3. Gas Turbine
13.4.4. Wind & Solar
13.4.5. Fuel Cell
13.4.6. Natural Gas
13.4.7. Others
13.5. Middle East and Africa Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Technology
13.5.1. High Speed
13.5.2. Medium speed
13.5.3. Low Speed
13.5.4. Others
13.6. Middle East and Africa Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Power Type
13.6.1. >20,000 HP
13.6.2. 10,001-20,000 Hp   
13.6.3. 5,001-10,000 Hp
13.6.4. 1,001-5,000 HP
13.6.5. <1,000 HP
13.7. Middle East and Africa Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Propulsion Type
13.7.1. 4-Stroke
13.7.2.  2-Stroke
13.8. Middle East and Africa Marine Propulsion Systems Market  size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Application
13.8.1. Recreational
13.8.2. Offshore
13.8.3. Tankers
13.8.4. Commercial
13.8.5. Container Vessel
13.9. Middle East and Africa Marine Propulsion Systems Market size ($MILLION), Sales Volume, and Forecasts (2022 – 2027), By Region
13.9.1. Latin America
13.9.2. Middle East
13.9.3. Africa   
14.   COMPANY PROFILES
14.1. ANGLO BELGIAN CORPORATION
14.1.1. Company Overview  
14.1.2. Company Snapshot  
14.1.3. Operating business segments
14.1.4. Product Type offered and Revenue from Marine Propulsion Systems Business
14.1.5. Key business performances, strategies and developments
14.2. CATERPILLAR
14.2.1. Company Overview  
14.2.2. Company Snapshot  
14.2.3. Operating business segments
14.2.4. Product Type offered and Revenue from Marine Propulsion Systems Business
14.2.5. Key business performances, strategies and developments
14.3. STX ENGINE
14.3.1. Company Overview
14.3.2. Company Snapshot
14.3.3. Operating business segments
14.3.4. Product Type offered and Revenue from Marine Propulsion Systems Business
14.3.5. Key business performances, strategies and developments
14.4. IHI POWER SYSTEMS CO.,
14.4.1. Company Overview
14.4.2. Company Snapshot
14.4.3. Operating business segments
14.4.4. Product Type offered and Revenue from Marine Propulsion Systems Business
14.4.5. Key business performances, strategies and developments
14.5. MAN ENERGY SOLUTIONS
14.5.1. Company Overview
14.5.2. Company Snapshot
14.5.3. Operating business segments
14.5.4. Product Type offered and Revenue from Marine Propulsion Systems Business
14.5.5. Key business performances, strategies and developments
14.6. ROLLS-ROYCE
14.6.1. Company Overview
14.6.2. Company Snapshot
14.6.3. Operating business segments
14.6.4. Product Type offered and Revenue from Marine Propulsion Systems Business
14.6.5. Key business performances, strategies and developments
14.7. KAWASAKI HEAVY INDUSTRIES
14.7.1. Company Overview
14.7.2. Company Snapshot
14.7.3. Operating business segments
14.7.4. Product Type offered and Revenue from Marine Propulsion Systems Business
14.7.5. Key business performances, strategies and developments
14.8. DEUTZ AG
14.8.1. Company Overview
14.8.2. Company Snapshot
14.8.3. Operating business segments
14.8.4. Product Type offered and Revenue from Marine Propulsion Systems Business
14.8.5. Key business performances, strategies and developments
14.9. DEERE & COMPANY
14.9.1. Company Overview
14.9.2. Company Snapshot
14.9.3. Operating business segments
14.9.4. Product Type offered and Revenue from Marine Propulsion Systems Business
14.9.5. Key business performances, strategies and developments
14.10. WARTSILA
14.10.1. Company Overview
14.10.2. Company Snapshot
14.10.3. Operating business segments
14.10.4. Product Type offered and Revenue from Marine Propulsion Systems Business
14.10.5. Key business performances, strategies and developments
14.11. Other Market Players


LIST OF TABLES
1. TABLE: MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
2. TABLE: MARKET FOR STEAM TURBINE, BY REGION, 2022-2027 (USD MILLION)
3. TABLE: MARKET FOR DIESEL, BY REGION, 2022-2027 (USD MILLION)
4. TABLE: MARKET FOR GAS TURBINE, BY REGION, 2022-2027 (USD MILLION)
5. TABLE: MARKET FOR WIND & SOLAR, BY REGION, 2022-2027 (USD MILLION)
6. TABLE: MARKET FOR Fuel Cell, BY REGION, 2022-2027 (USD MILLION)
7. TABLE: MARKET FOR Natural Gas, BY REGION, 2022-2027 (USD MILLION)
8. TABLE: MARKET FOR Others, BY REGION, 2022-2027 (USD MILLION)
9. TABLE: MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)
10. TABLE: MARKET FOR HIGH SPEED, BY REGION, 2022-2027 (USD MILLION)
11. TABLE: MARKET FOR MEDIUM SPEED, BY REGION, 2022-2027 (USD MILLION)
12. TABLE: MARKET FOR LOW SPEED, BY REGION, 2022-2027 (USD MILLION)
13. TABLE: MARKET FOR OTHERS, BY REGION, 2022-2027 (USD MILLION)
14. TABLE: MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
15. TABLE: MARKET FOR >20,000 HP, BY REGION, 2022-2027 (USD MILLION)
16. TABLE: MARKET FOR 10,001-20,000 HP, BY REGION, 2022-2027 (USD MILLION)
17. TABLE: MARKET FOR 5,001-10,000 HP, BY REGION, 2022-2027 (USD MILLION)
18. TABLE: MARKET FOR 1,001-5,000 HP, BY REGION, 2022-2027 (USD MILLION)
19. TABLE: MARKET FOR <1,000 HP, BY REGION, 2022-2027 (USD MILLION)
20. TABLE: MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)
21. TABLE: MARKET FOR 4-STROKE BY REGION, 2022-2027 (USD MILLION)
22. TABLE: MARKET FOR 2-STROKE, BY REGION, 2022-2027 (USD MILLION)
23. TABLE: MARKET FOR GERIATRIC, BY REGION, 2022-2027 (USD MILLION)
24. TABLE: MARKET FOR PEDIATRIC BY REGION, 2022-2027 (USD MILLION)
25. TABLE: MARKET FOR ADULT, BY REGION, 2022-2027 (USD MILLION)
26. TABLE: MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
27. TABLE: MARKET FOR RECREATIONAL, BY REGION, 2022-2027 (USD MILLION)
28. TABLE: MARKET FOR OFFSHORE BY REGION, 2022-2027 (USD MILLION)
29. TABLE: MARKET FOR TANKERS BY REGION, 2022-2027 (USD MILLION)
30. TABLE: MARKET FOR Commercial, BY REGION, 2022-2027 (USD MILLION)
31. TABLE: MARKET FOR Container Vessel, BY REGION, 2022-2027 (USD MILLION)
32. TABLE: MARKET, BY REGION, 2022-2027 (USD MILLION)
33. TABLE: NORTH AMERICA MARKET, BY REGION, 2022-2027 (USD MILLION)
34. TABLE: NORTH AMERICA MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
35. TABLE: NORTH AMERICA MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)
36. TABLE: NORTH AMERICA MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
37. TABLE: NORTH AMERICA MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)
38. TABLE: NORTH AMERICA MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
39. TABLE: USA MARKET BY PRODUCT TYPE, 2022-2027 (USD MILLION)
40. TABLE: USA MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)
41. TABLE: USA MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
42. TABLE: USA MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)
43. TABLE: USA MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
44. TABLE: CALIFORNIA MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
45. TABLE: CALIFORNIA MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)
46. TABLE: CALIFORNIA MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
47. TABLE: CALIFORNIA MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)
48. TABLE: CALIFORNIA MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
49. TABLE: TEXAS MARKET BY PRODUCT TYPE, 2022-2027 (USD MILLION)
50. TABLE: TEXAS MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)  
51. TABLE: TEXAS MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
52. TABLE: TEXAS MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)
53. TABLE: TEXAS MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
54. TABLE: FLORIDA MARKET BY PRODUCT TYPE, 2022-2027 (USD MILLION)
55. TABLE: FLORIDA MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)  
56. TABLE: FLORIDA MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
57. TABLE: FLORIDA MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)
58. TABLE: FLORIDA MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
59. TABLE: CANADA MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
60. TABLE: CANADA MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)
61. TABLE: CANADA MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
62. TABLE: CANADA MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)
63. TABLE: CANADA MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
64. TABLE: MEXICO MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
65. TABLE: MEXICO MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)
66. TABLE: MEXICO MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
67. TABLE: MEXICO MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)     
68. TABLE: MEXICO MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
69. TABLE: REST OF NORTH AMERICA MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
70. TABLE: REST OF NORTH AMERICA MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)
71. TABLE: REST OF NORTH AMERICA MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
72. TABLE: REST OF NORTH AMERICA MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)    
73. TABLE: REST OF NORTH AMERICA MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
74. TABLE: EUROPE MARKET, BY REGION, 2022-2027 (USD MILLION)
75. TABLE: EUROPE MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
76. TABLE: EUROPE MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)
77. TABLE: EUROPE MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
78. TABLE: EUROPE MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)       
79. TABLE: EUROPE MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
80. TABLE: GERMANY MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
81. TABLE: GERMANY MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)  
82. TABLE: GERMANY MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
83. TABLE: GERMANY MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)     
84. TABLE: GERMANY MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
85. TABLE: FRANCE MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
86. TABLE: FRANCE MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)
87. TABLE: FRANCE MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
88. TABLE: FRANCE MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)       
89. TABLE: FRANCE MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
90. TABLE: UK MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
91. TABLE: UK MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)
92. TABLE: UK MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
93. TABLE: UK MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)          
94. TABLE: UK MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
95. TABLE: ITALY MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
96. TABLE: ITALY MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)
97. TABLE: ITALY MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
98. TABLE: ITALY MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)      
99. TABLE: ITALY MARKET, BY APPLICATION, 2022-2027 (USD MILLION)    
100. TABLE: SPAIN MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
101. TABLE: SPAIN MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)  
102. TABLE: SPAIN MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
103. TABLE: SPAIN MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)       
104. TABLE: SPAIN MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
105. TABLE: REST OF EUROPE MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
106. TABLE: REST OF EUROPE MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)
107. TABLE: REST OF EUROPE MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
108. TABLE: REST OF EUROPE MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)          
109. TABLE: REST OF EUROPE MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
110. TABLE: ASIA PACIFIC MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
111. TABLE: ASIA PACIFIC MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)
112. TABLE: ASIA PACIFIC MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
113. TABLE: ASIA PACIFIC MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)          
114. TABLE: ASIA PACIFIC MARKET, BY APPLICATION, 2022-2027 (USD MILLION)   
115. TABLE: CHINA MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
116. TABLE: CHINA MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)   
117. TABLE: CHINA MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
118. TABLE: CHINA MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)          
119. TABLE: CHINA MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
120. TABLE: INDIA MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
121. TABLE: INDIA MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)
122. TABLE: INDIA MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
123. TABLE: INDIA MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)           
124. TABLE: INDIA MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
125. TABLE: JAPAN MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
126. TABLE: JAPAN MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)
127. TABLE: JAPAN MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
128. TABLE: JAPAN MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)           
129. TABLE: JAPAN MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
130. TABLE: KOREA MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
131. TABLE: KOREA MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)   
132. TABLE: KOREA MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
133. TABLE: KOREA MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)           
134. TABLE: KOREA MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
135. TABLE: AUSTRALIA MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
136. TABLE: AUSTRALIA MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)
137. TABLE: AUSTRALIA MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
138. TABLE: AUSTRALIA MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)           
139. TABLE: AUSTRALIA MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
140. TABLE: REST OF ASIA PACIFIC MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
141. TABLE: REST OF ASIA PACIFIC MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)
142. TABLE: REST OF ASIA PACIFIC MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
143. TABLE: REST OF ASIA PACIFIC MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)           
144. TABLE: REST OF ASIA PACIFIC MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
145. TABLE: LATIN AMERICA MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
146. TABLE: LATIN AMERICA MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)  
147. TABLE: LATIN AMERICA MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
148. TABLE: LATIN AMERICA MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)           
149. TABLE: LATIN AMERICA MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
150. TABLE: MIDDLE EAST AND AFRICA MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION)
151. TABLE: MIDDLE EAST AND AFRICA MARKET, BY TECHNOLOGY, 2022-2027 (USD MILLION)  
152. TABLE: MIDDLE EAST AND AFRICA MARKET, BY POWER TYPE, 2022-2027 (USD MILLION)
153. TABLE: MIDDLE EAST AND AFRICA MARKET, BY PROPULSION TYPE, 2022-2027 (USD MILLION)           
154. TABLE: MIDDLE EAST AND AFRICA MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
155. TABLE: ANGLO BELGIAN CORPORATION. COMPANY SNAPSHOT
156. TABLE: ANGLO BELGIAN CORPORATION. OPERATING SEGMENTS
157. TABLE: CATERPILLAR: COMPANY SNAPSHOT
158. TABLE: CATERPILLAR: OPERATING SEGMENTS
159. TABLE: STX ENGINE: COMPANY SNAPSHOT
160. TABLE: STX ENGINE: OPERATING SEGMENTS
161. TABLE: IHI POWER SYSTEMS CO.,: COMPANY SNAPSHOT
162. TABLE: IHI POWER SYSTEMS CO.,: OPERATING SEGMENTS
163. TABLE: MAN ENERGY SOLUTIONS: COMPANY SNAPSHOT
164. TABLE: MAN ENERGY SOLUTIONS: OPERATING SEGMENTS
165. TABLE: ROLLS-ROYCE: COMPANY SNAPSHOT
166. TABLE: ROLLS-ROYCE: OPERATING SEGMENTS
167. TABLE: KAWASAKI HEAVY INDUSTRIES: COMPANY SNAPSHOT
168. TABLE: KAWASAKI HEAVY INDUSTRIES: OPERATING SEGMENTS
169. TABLE: DEUTZ AG: COMPANY SNAPSHOT
170. TABLE: DEUTZ AG: OPERATING SEGMENTS
171. TABLE: DEERE & COMPANY: COMPANY SNAPSHOT
172. TABLE: DEERE & COMPANY: OPERATING SEGMENTS
173. TABLE: WARTSILA: COMPANY SNAPSHOT
174. TABLE: WARTSILA: OPERATING SEGMENTS


LIST OF FIGURES
1. Figure: Market: Research Methodology Steps
2. Figure: Research Design
3. Figure: Breakdown of Primaries: Market
4. Figure: Research Methodology: Hypothesis Building
5. Figure: Market: Product Type and Service-Based Estimation
6. Figure: Top 10 Companies with Highest No. Of Patent in Last 9 Years
7. Figure: Growth Strategies Adopted By the Key Players
8. Figure: Top 10 Companies with Highest No. Of Patent in Last 9 Years
9. Figure: Growth Strategies Adopted By the Key Players
10. Figure: No. of Patents Granted Per Year, 2022–2027
11. Figure: Data Triangulation Methodology
12. Figure: Dominating Market Share, By Product Type, 2022 vs. 2027 (USD MILLION)
13. Figure: Dominating Market Share, By Technology, 2022 vs. 2027 (USD MILLION)
14. Figure: Dominating Market Share, By Power Type, 2022 vs. 2027 (USD MILLION)
15. Figure: Dominating Market Share, By Propulsion Type, 2022 vs. 2027 (USD MILLION)
16. Figure: Dominating Market Share, By Application, 2022 vs. 2027 (USD MILLION)
17. Figure: Geographical Snapshot of the Market
18. Figure: Diesel Sector to Witness Higher CAGR in the Market for Product Type Segment during the Forecast Period.
19. Figure: Asia Pacific Accounted for the Largest Share of the Market, By Regional Basis, in 2022
20. Figure: Market: Drivers, Restraints, Opportunities, and Challenges
21. Figure: North America: Market Snapshot
22. Figure: Asia Pacific: Market Snapshot
23. Figure: Europe: Market Snapshot
24. Figure: Latin America: Market Snapshot
25. Figure: Middle East and Africa: Market Snapshot
26. Figure: Vendor Dive: Evaluation Overview
27. Figure: Global Marine Propulsion Systems: Competitive Benchmarking  
28. Figure: Anglo Belgian Corporation. Financial Overview (2022-2027)
29. Figure: Caterpillar: Financial Overview (2022-2027)  
30. Figure: STX ENGINE: Financial Overview (2022-2027)  
31. Figure: IHI Power Systems Co: Financial Overview (2022-2027)  
32. Figure: MAN Energy Solutions: Financial Overview (2022-2027)
33. Figure: Rolls-Royce: Financial Overview (2022-2027)
34. Figure: Kawasaki Heavy Industries: Financial Overview (2022-2027)
35. Figure: DEUTZ AG: Financial Overview (2022-2027)
36. Figure: Deere & Company: Financial Overview (2022-2027)
37. Figure: Wartsila: Financial Overview (2022-2027)

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