Press Release

Europe Marine Engines Market is expected to grow at a robust CAGR

Europe Marine Engines Market is expected to grow owing to advancements in engine technology, such as the development of hybrid and electric propulsion systems throughout the forecast period.


According to TechSci Research report, “Europe Marine Engines Market - By Country, Competition, Forecast and Opportunities, 2018-2028”, the Europe Marine Engines Market is expected to register robust growth during the forecast period. Environmental concerns and stringent emissions regulations have prompted the adoption of cleaner and more fuel-efficient marine engines. In order to comply with these regulations, shipbuilders and operators are increasingly replacing older engines with newer, more environmentally friendly options. This has led to a growing demand for marine engines.

The increasing focus on environmental sustainability and the imperative to adhere to strict emissions regulations present favorable prospects for manufacturers of green and low-emission marine engines. By designing and manufacturing engines that operate on cleaner fuels, such as LNG, hydrogen, or advanced biofuels, companies can meet the rising demand for eco-friendly propulsion systems.


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Based on stroke, the Two Stroke segment is expected to dominate the market during the forecast period. Two-stroke engines are extensively utilized in the European maritime sector due to their exceptional power-to-weight ratio and fuel efficiency. These engines find application in various vessels, including container ships, bulk carriers, tankers, and large ferries. Two-stroke engines are renowned for their outstanding thermal efficiency, resulting in lower fuel consumption and reduced greenhouse gas emissions. This efficiency plays a vital role in meeting stringent environmental regulations and minimizing operational costs. Two-stroke engines possess the capability to generate high power levels, making them suitable for large and robust vessels requiring substantial propulsion capabilities. The emergence of liquefied natural gas (LNG) as a cleaner marine fuel presents an opportunity for two-stroke engine manufacturers to develop and supply engines capable of utilizing LNG. LNG-fueled vessels can meet emission targets while benefiting from reduced operating costs. Manufacturers can invest in emissions reduction technologies such as exhaust gas cleaning systems (scrubbers), selective catalytic reduction (SCR) systems, and waste heat recovery systems to assist vessel operators in complying with stringent environmental regulations. Leveraging digitalization and data analytics can enhance the efficiency and performance of two-stroke engines. Developing digital solutions that optimize engine operation, monitor emissions, and support predictive maintenance can deliver added value to customers.

Based on capacity, the Above 20,000 HP segment is projected to dominate the market throughout the forecast period.

The aforementioned segment with a power output of over 20,000 HP plays a vital role in the European marine engines market, catering specifically to the requirements of large and robust vessels. These engines are meticulously engineered to deliver exceptional propulsion capabilities, renowned for their reliability and efficiency. Prominent manufacturers in this sector include MAN Energy Solutions, Wärtsilä, Caterpillar, and others. The engines within this segment are capable of generating remarkably high power levels, rendering them suitable for large vessels that demand substantial propulsion capabilities. Their performance and dependability are of utmost importance for the seamless operation of mega-container ships, tankers, and offshore platforms. Despite their impressive power, many of these engines are designed with fuel efficiency in mind, assisting vessel operators in minimizing operational costs and complying with environmental regulations. Continuous efforts are being made to develop innovative technologies and designs that further enhance fuel consumption. The growing adoption of liquefied natural gas (LNG) as a cleaner marine fuel presents an opportunity for manufacturers within this segment to develop and supply engines capable of running on LNG. By utilizing LNG as fuel, vessels can meet emission targets while enjoying the benefits of reduced operating costs. Manufacturers can also invest in emissions reduction technologies, such as exhaust gas cleaning systems (scrubbers), selective catalytic reduction (SCR) systems, and waste heat recovery systems, to assist vessel operators in meeting stringent environmental regulations.


Key market players in the Europe Marine Engines Market are:-

  • Rolls-Royce Holdings plc
  • Wärtsilä Corporation
  • MAN Energy Solutions
  • Caterpillar Inc.
  • Volvo Penta
  • Deutz AG
  • ABC Engines
  • Scania Group
  • Doosan Infracore
  • Yanmar Co., Ltd.


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“The Europe Marine Engines Market in China is poised to be the dominant force in the industry. The integration of digital technologies, including IoT sensors and data analytics, is becoming more prevalent in optimizing engine performance and lowering maintenance expenses. The investigation of alternative fuels, like LNG (liquefied natural gas) and hydrogen, is gaining momentum in the quest to minimize carbon emissions.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Europe Marine Engines Market By Stroke (Four Stroke, Two Stroke and Others), By Capacity (Up to 1,000 HP, 1,001–5,000 HP, 5,001–10,000 HP, 10,001–20,000 HP and Above 20,000 HP), By Fuel Type (Heavy Fuel Oil, Intermediate Fuel Oil and Others), By Ship Type (Bulk Carriers, General Cargo Ships, Container Ships, Ferries & Passenger Ships, Oil Tankers and Others), By Country, By Competition Forecast & Opportunities, 2018-2028,” has evaluated the future growth potential of Europe Marine Engines Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Europe Marine Engines Market.



Mr. Ken Mathews

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Tel: +1-646-360-1656

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