Europe marine engines market stood at over $ 3.5 billion in 2017 and is forecast to grow at a CAGR of more than 7%, to surpass $ 5 billion by 2023. Growth in the market is led by rising demand for marine engines in both commercial and industrial sectors coupled with rising investments in optimized vessel efficiency. Moreover, introduction of new technologies in marine engines along with rising preference for LNG fuelled engines is further likely to fuel growth in Europe marine engines market in the coming years.

Years Considered for this Report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

  • The primary objective of the study was to understand and gain insights about Europe marine engines market and their segmental analysis by Type, by Application, by Engine Power Rating and by Country.
  • To estimate, calculate and forecast market size for Europe marine engines market.
  • To segment and forecast Europe marine engines market by Application such as Commercial, Defense and Others.
  • To categorize and forecast Europe marine engines market by countries - Russia, Germany, United Kingdom, Norway, France, and Rest of Europe.
  • To identify major drivers & challenges for Europe marine engines market.
  • To identify major trends in Europe marine engines market.
  • To profile major companies in Europe marine engines market.



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Few of the major players operating in Europe marine engines market include Wärtsilä Corporation, MAN SE, Hyundai Heavy Industries, Rolls Royce Holdings Plc, Caterpillar Inc., General Electric, Cummins Inc., Mitsubishi Heavy Industries Marine Machinery & Equipment Co. Ltd., Volvo Penta, and Brunswick Corporation (Mercury Marine Inc).

 

To analyze and forecast the Europe marine engines market, both top-down and bottom-up approaches have been used. Multiple employees from the following companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in Europe marine engines market was conducted, which included analysis of information such as ongoing projects followed by the details of expected year of commissioning and estimated investments along with the expansion plans of various projects across the region. Moreover, detailed and in-depth scrutiny of information was done to understand each policy or external or internal factor which could increase or decrease demand for marine engines in Europe

To extract data, primary surveys were conducted with key players and stakeholders in the industry. The future plans of major players were studied and projects which have been commissioned were identified. Various secondary sources such as white papers and secondary literature on BP Statistics, IEA, UN Comtrade, International Monetary Fund, World Bank, company websites, annual reports, etc. were also studied by TechSci Research.


Key Target Audience:

  • Engine Manufacturers & OEMs
  • EPC contractors
  • Organizations, forums and alliances related to marine engines market
  • Government bodies such as regulating authorities and policy makers
  • Market research and consulting firms

The study is essential in delivering useful information to industry stakeholders such as companies operating in Europe marine engines market. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.

Report Scope:

In this report, the Europe marine engines market has been segmented into the following categories in addition to the industry trends which have also been detailed below

  •          Market, By Type:

o    Main Propulsion Engine

o    Auxiliary Engine

  •          Market, By Application:

o    Commercial

o    Defense

o    Others

  •         Market, By Engine Power Rating:

o    Up to 750 kW

o    751-4000 kW

o    4001-8000 kW

o    Above 8000 kW

  •         Market, By Country:

o    Russia

o    Germany

o    United Kingdom

o    Norway

o    France

o    Rest of Europe

·       Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Europe marine engines market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
In case of you can’t find what you are looking for then please get in touch with our custom research team at [email protected]

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.       Product Overview

2.       Research Methodology

3.       Analyst View

4.       Global Marine Engines Market Outlook

4.1.    Market Size & Forecast

4.1.1. By Value

4.1.2. By Volume

5.       Europe Marine Engines Market Outlook

5.1.    Market Size & Forecast

5.1.1. By Value

5.1.2. By Volume

5.2.    Market Share & Forecast

5.2.1. By Application (Commercial, Defense and Others)

5.2.2. By Type (Main Propulsion and Auxiliary Engine)

5.2.3. By Engine Power Rating (Up to 750 kW, 751-4000 kW, 4001-8000 kW, and Above 8000 kW)

5.2.4. By Country

5.3.    Europe Marine Engines Market Attractiveness Index

5.3.1. By Application

5.3.2. By Type

5.3.3. By Engine Power Rating

5.3.4. By Country

5.3.4.1. Russia Marine Engines Market Outlook

5.3.4.1.1.  Market Size & Forecast

5.3.4.1.1.1.   By Value

5.3.4.1.2.  Market Share & Forecast

5.3.4.1.2.1.   By Application

5.3.4.1.2.2.   By Type

5.3.4.1.2.3.   By Engine Power Rating

5.3.4.2. Germany Marine Engines Market Outlook

5.3.4.2.1.  Market Size & Forecast

5.3.4.2.1.1.   By Value

5.3.4.2.2.  Market Share & Forecast

5.3.4.2.2.1.   By Application

5.3.4.2.2.2.   By Type

5.3.4.2.2.3.   By Engine Power Rating

5.3.4.3. United Kingdom Engines Market Outlook

5.3.4.3.1.  Market Size & Forecast

5.3.4.3.1.1.   By Value

5.3.4.3.2.  Market Share & Forecast

5.3.4.3.2.1.   By Application

5.3.4.3.2.2.   By Type

5.3.4.3.2.3.   By Engine Power Rating

5.3.4.4. Norway Marine Engines Market Outlook

5.3.4.4.1.  Market Size & Forecast

5.3.4.4.1.1.   By Value

5.3.4.4.2.  Market Share & Forecast

5.3.4.4.2.1.   By Application

5.3.4.4.2.2.   By Type

5.3.4.4.2.3.   By Engine Power Rating

5.3.4.5. France Marine Engines Market Outlook

5.3.4.5.1.  Market Size & Forecast

5.3.4.5.1.1.   By Value

5.3.4.5.2.  Market Share & Forecast

5.3.4.5.2.1.   By Application

5.3.4.5.2.2.   By Type

5.3.4.5.2.3.   By Engine Power Rating

6.       Market Dynamics

6.1.    Drivers

6.2.    Challenges

7.       Market Trends & Developments

8.       Competitive Landscape

8.1.    Company Profiles

8.1.1. Wartsila Corporation

8.1.2. MAN SE

8.1.3. Hyundai Heavy Industries

8.1.4. Rolls Royce Holdings Plc.

8.1.5. Caterpillar Inc.

8.1.6. General Electric

8.1.7. Cummins Inc.

8.1.8. Mitsubishi Heavy Industries Marine Machinery & Equipment Co., Ltd.

8.1.9. Volvo Penta

8.1.10.    Brunswick Corporation (Mercury Marine Inc.)

9.       Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

  • List of Figures

     

    Figure 1: Global Marine Engines Market Size, By Value, 2013-2023F (USD Billion)

    Figure 2: Global Marine Engines Market Size, By Volume, 2013-2023F (Million kW)

    Figure 3: Europe Marine Engines Market Size, By Value, 2013-2023F (USD Billion)

    Figure 4: Europe Marine Engines Market Size, By Volume, 2013-2023F (Million kW)

    Figure 5: Europe Marine Engines Market Share, By Application, By Value, 2017 & 2023F

    Figure 6: Europe Marine Engines Market Share, By Type, By Value, 2017 & 2023F

    Figure 7: Europe Marine Engines Market Share, By Engine Power Rating, By Value, 2017 & 2023F

    Figure 8: Europe Marine Engines Market Share, By Country, By Value, 2017 & 2023F

    Figure 9: Major Port Investments in Europe, By Country (As of 2017)

    Figure 10: Europe Engines Market Attractiveness Index, By Application, By Value, 2018E-2023F

    Figure 11: Europe Marine Engines Market Attractiveness Index, By Type, By Value, 2018E-2023F

    Figure 12: Europe Marine Engines Market Attractiveness Index, By Engine Power Rating, By Value, 2018E-2023F

    Figure 13: Europe Marine Engines Market Attractiveness Index, By Country, By Value, 2018E-2023F

    Figure 14: Russia Marine Engines Market Size, By Value, 2013-2023F (USD Billion)

    Figure 15: Russia GDP Per Capita, Current Prices, 2013-2019F (USD Units)

    Figure 16: Russia Inflation Rate, By Average Consumer Prices, 2013-2019F (Percent Change)

    Figure 17: Russia Marine Engines Market Share, By Application, By Value, 2017 & 2023F

    Figure 18: Russia Marine Engines Market Share, By Type, By Value, 2017 & 2023F

    Figure 19: Russia Marine Engines Market Share, By Engine Power Rating, By Value, 2017 & 2023F

    Figure 20: Germany Marine Engines Market Size, By Value, 2013-2023F (USD Billion)

    Figure 21:  Germany Population, 2013-2019F (Million)

    Figure 22: Germany Inflation Rate, By Average Consumer Prices, 2013-2019F (Percent Change)

    Figure 23: Germany Marine Engines Market Share, By Application, By Value, 2017 & 2023F

    Figure 24: Germany Marine Engines Market Share, By Type, By Value, 2017 & 2023F

    Figure 25: Germany Marine Engines Market Share, By Engine Power Rating, By Value, 2017 & 2023F

    Figure 26: United Kingdom Marine Engines Market Size, By Value, 2013-2023F (USD Billion)

    Figure 27: United Kingdom Total Investment, As Percent of GDP, 2013-2019F

    Figure 28: United Kingdom Population, 2013-2019F (Million)

    Figure 29: United Kingdom Marine Engines Market Share, By Application, By Value, 2017 & 2023F

    Figure 30: United Kingdom Marine Engines Market Share, By Type, By Value, 2017 & 2023F

    Figure 31: United Kingdom Marine Engines Market Share, By Engine Power Rating, By Value, 2017 & 2023F

    Figure 32: Norway Marine Engines Market Size, By Value, 2013-2023F (USD Billion)

    Figure 33: Norway Gross Domestic Product, Current Prices, 2013-2019F (USD Billion)

    Figure 34: Norway Total Investment, As Percent of GDP, 2013-2019F

    Figure 35: Norway Marine Engines Market Share, By Application, By Value, 2017 & 2023F

    Figure 36: Norway Marine Engines Market Share, By Type, By Value, 2017 & 2023F

    Figure 37: Norway Marine Engines Market Share, By Engine Power Rating, By Value, 2017 & 2023F

    Figure 38: France Marine Engines Market Size, By Value, 2013-2023F (USD Billion)

    Figure 39: France Industrial Production Growth Rate, 2012-2017E

    Figure 40: France Inflation Rate, By Average Consumer Prices, 2012-2017E (%)

    Figure 41: France Marine Engines Market Share, By Application, By Value, 2017 & 2023F

    Figure 42: France Marine Engines Market Share, By Type, By Value, 2017 & 2023F

    Figure 43: France Marine Engines Market Share, By Engine Power Rating, By Value, 2017 & 2023F