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Marine propulsion engine market

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Global Marine Propulsion Engine Market is estimated to reach $15 billion by 2024; growing at a CAGR of 4.6% between 2016 and 2024. Marine propulsion is a system that creates thrust and enables ships to maneuver themselves in water. – PowerPoint PPT presentation

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Title: Marine propulsion engine market


1
Global Marine Propulsion Engine Market is
Expected to Reach 15 Billion by 2024, Says
Variant Market Research
Dinesh Patel SEO Analyst help_at_variantmarketresear
ch.com
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DESCRIPTION - MARINE PROPULSION ENGINE MARKET
Global Marine Propulsion Engine Market is
estimated to reach 15 billion by 2024 growing
at a CAGR of 4.6 between 2016 and 2024. Marine
propulsion is a system that creates thrust and
enables ships to maneuver themselves in water.
Several innovations have led to the development
of advanced mode of propulsion engine that would
ensure safety of the marine ecosystem coupled
with cost efficiency. Various types of propulsion
engines are used in ships, among which diesel
propulsion is most commonly used, converting
thermal forces into mechanical energy.
Introduction of liquefied natural gas (LNG) fuel
engine in ships have also gained popularity in
recent times due to their low emission and cost
advantages. Over the years, numerous norms have
directed the shipping industry to reduce the
emission of greenhouse gases, contamination of
marine water and others. For instance, The
International Convention for the Prevention of
Population from Ships (MARPOL) aims to regulate
by preventing both accidental as well as
pollution from routine operations such as
contamination by chemical spill, oils, garbage
and sewage, among others. Browse Complete Report
_at_ https//www.variantmarketresearch.com/report-cat
egories/automotive/marine-propulsion-engine-market

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3
MARINE PROPULSION ENGINE MARKET SIZE AND FORECAST
2015-2024
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MARINE PROPULSION ENGINE MARKET
Increasing investments rapid innovations along
with rising international trade between various
countries fuel the growth of the global marine
propulsion engine market. Moreover, rising focus
on renewable energy sources owing to the
depletion of conventional reserves and
ever-increasing demand for crude oil also support
the growth of the market. However, stringent
rules regulations over the alarmingly rising
greenhouse gas marine contamination, and high
investment cost are expected to pose challenge
for the market. Furthermore, rising emphasis on
the use of renewable energy resources, biofuel
synthetic fuel and increasing spending on defense
sector to strengthen their coastline security
would provide growth opportunities is the coming
years. The global marine propulsion engine market
is categorized on the basis of power source, ship
type and geography. By power source, the market
is segmented into steam turbine, gas turbines,
natural gas, diesel, and others. Furthermore, by
ship type, it is segmented into cargo ship,
tanker, bulk carrier, offshore vessels, passenger
ships and others. Get Sample Report _at_
https//www.variantmarketresearch.com/report-categ
ories/automotive/marine-propulsion-engine-market/s
ample-request
5
MARINE PROPULSION ENGINE MARKET SHARE BY REGION
2024
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THE KEY MARKET PLAYERS
  •  Caterpillar
  • Cummins, Inc.
  • Rolls-Royce plc.
  • Wartsila
  • MAN Diesel Turbo
  • Hyundai Heavy Industries Co. Ltd.
  • Mitsubishi Heavy Industries, Ltd.
  • Scania, Yanmar Co. Ltd.
  • Daihatsu Diesel Mfg. Co. Ltd.

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THE KEY TAKEAWAYS FROM THE REPORT
  • The report will provide detailed analysis of
    Marine Propulsion Engine Market with respect to
    major segments such as power source and ship type
  • The report will include the qualitative and
    quantitative analysis with market estimation over
    2015-2024 and compound annual growth rate (CAGR)
    between 2016 and 2024
  • Comprehensive analysis of market dynamics
    including factors and opportunities will be
    provided in the report
  • An exhaustive regional analysis of Marine
    Propulsion Engine Market has been included in the
    report
  • Profile of the key players in the Marine
    Propulsion Engine Market will be provided, which
    include key financials, product services, new
    developments, and business strategies

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SCOPE OF MARINE PROPULSION ENGINE MARKET
  • Ship Type Segments
  • Passenger Ships
  • Cargo Ship
  • Bulk Carrier
  • Tanker
  • Offshore Vessels
  • Others
  • Power Source Segments
  • Gas Turbine
  • Steam Turbine
  • Diesel
  • Natural Gas
  • Others

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TABLE OF CONTENT
Chapter 3 Market Outline 3.1 Market
Inclination, Trend, Outlook and Viewpoint 3.2
Market Share Analysis Companys Competitive
Scenario 3.3 Value Chain Analysis 3.4
Market Dynamics 3.4.1 Drivers
3.4.1.1 Impact Analysis 3.4.2
Restraints 3.4.2.1 Impact
Analysis 3.4.3 Opportunities 3.5
Porters five forces analysis 3.5.1
Factors Impact Analysis ..
Chapter 1 Prefix 1.1 Market Scope 1.2
Report Description 1.3 Research Methodology
1.3.1 Primary Research 1.3.2
Secondary Research 1.3.3 In-house Data
Modeling Chapter 2 Executive Summary
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TABLE OF CONTENT
Chapter 7 Company Profiles 7.1 Rolls-Royce
plc. 7.2 Caterpillar 7.3 Wartsila 7.4
Cummins, Inc. 7.5 MAN Diesel Turbo 7.6
Hyundai Heavy Industries Co. Ltd. 7.7
Mitsubishi Heavy Industries Ltd. 7.8 Scania
7.9 Yanmar Co. Ltd. 7.10 Daihatsu Diesel
Mfg. Co. Ltd
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CONTACT US
Web https//www.variantmarketresearch.com
Michael Mendes Head - Sales Variant Market
Research 649 Mission St, 5th Floor, San
Francisco, CA 94105, United States. Tel
1-415-680-2785 Fax 1-415-680-2786 Email
michael.mendes_at_variantmarketresearch.com
Email help_at_variantmarketresearch.com
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