Global Marine Gensets Market is projected to reach USD 5.62 Billion by 2023, growing at a CAGR of over 3% from 2018-2023 owing to growing ship-building activities, increasing commercial vessels, growing demand for cleaner fuels and growing investments in the ship-building industry. Based on fuel type, the market has been categorised into Diesel, Hybrid and Gas. In 2017, the diesel fuel segment dominated the market due to various advantages like longer engine lifespan, lower maintenance costs, and safe fuel storage. APAC region dominated the market in 2017 and is expected to maintain its dominance over the next five years as well due to growing ship-building industry, especially in China and Japan. Moreover, China will be the fastest rising market for marine gensets due to rising investments in the ship-building industry.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2018–2023

Objective of the Study:

  • To analyse and forecast the market size of Marine Gensets Market, in terms of value.
  • To classify and forecast Global Marine Gensets Market based on vessel type, fuel, capacity and regional distribution.
  • To identify drivers and challenges for Global Marine Gensets Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Marine Gensets Market.
  • To conduct the pricing analysis for Marine Gensets Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of Global Marine Gensets Market.


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Some of the leading players in the Global Marine Gensets Market are Mitsubishi Heavy Industries, Man Diesel & Turbo SE, Volvo Group, Yanmar Co., Ltd., Dresser Rand, Rolls-Royce Power System AG, Daihatsu Diesel MFG. Co., Ltd., Solé Diesel, Cummins Inc., Caterpillar Inc.  etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.

TechSci Research calculated the market size of Global Marine Gensets Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.


Key Target Audience:

  • Manufacturers of Marine Gensets
  • Ship-building companies
  • Raw Materials Suppliers and Manufacturers
  • End consumers
  • Traders, Distributors, and Suppliers
  • Industry associations and experts
  • Research organizations and consulting companies.
  • Research Institutes
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Marine Gensets Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Vessel Type:
    • Commercial Vessels
    • Offshore Vessels
    • Defence Vessels
    • Others
  • Market, By Fuel Type:
    • Diesel
    • Hybrid
    • Gas
  • Market, By Capacity:
    • Up to 1,000kW
    • 1,001-3,000kW
    • 3,001-10,000kW
    • Above 10,000kW
  • Market, by Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Marine Gensets Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the 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).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

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1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

4.1.  Product Awareness

4.2.  Factors Influencing the Purchase Decision

4.3.  Product Pricing

4.4.  Challenges & Unmet Needs

5.    Global Marine Gensets Market Overview 

6.    Global Marine Gensets Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Vessel Type (Commercial Vessels, Offshore Vessels, Defence Vessels and Others)

6.2.2.     By Fuel (Diesel, Hybrid and Gas)

6.2.3.     By Capacity (Up to 1,000kW, 1,001-3,000kW, 3,001-10,000kW and Above 10,000kW)

6.2.4.     By Region

6.3.  Market Attractiveness Index

7.    Asia-Pacific Marine Gensets Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Vessel Type

7.2.2.     By Capacity

7.2.3.     By Country

7.3.  Market Attractiveness Index

7.4.  Asia-Pacific: Country Analysis

7.4.1.     China Marine Gensets Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Vessel Type

7.4.1.3.         Market Attractiveness Index

7.4.2.     India Marine Gensets Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Vessel Type

7.4.2.3.         Market Attractiveness Index

7.4.3.     Japan Marine Gensets Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Vessel Type

7.4.3.3.         Market Attractiveness Index

7.4.4.     South Korea Marine Gensets Market Outlook

7.4.4.1.         Market Size & Forecast

7.4.4.1.1.             By Value

7.4.4.2.         Market Share & Forecast

7.4.4.2.1.             By Vessel Type

7.4.4.3.         Market Attractiveness Index

7.4.5.     Australia Marine Gensets Market Outlook

7.4.5.1.         Market Size & Forecast

7.4.5.1.1.             By Value

7.4.5.2.         Market Share & Forecast

7.4.5.2.1.             By Vessel Type

7.4.5.3.         Market Attractiveness Index

7.4.6.     Singapore Marine Gensets Market Outlook

7.4.6.1.         Market Size & Forecast

7.4.6.1.1.             By Value

7.4.6.2.         Market Share & Forecast

7.4.6.2.1.             By Vessel Type

7.4.6.3.         Market Attractiveness Index

7.4.7.     Malaysia Marine Gensets Market Outlook

7.4.7.1.         Market Size & Forecast

7.4.7.1.1.             By Value

7.4.7.2.         Market Share & Forecast

7.4.7.2.1.             By Vessel Type

7.4.7.3.         Market Attractiveness Index

8.    Europe & CIS Marine Gensets Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Vessel Type

8.2.2.     By Capacity

8.2.3.     By Country

8.3.  Market Attractiveness Index

8.4.  Europe: Country Analysis

8.4.1.     France Marine Gensets Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Vessel Type

8.4.1.3.         Market Attractiveness Index

8.4.2.     Germany Marine Gensets Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Vessel Type

8.4.2.3.         Market Attractiveness Index

8.4.3.     United Kingdom Marine Gensets Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Vessel Type

8.4.3.3.         Market Attractiveness Index

8.4.4.     Italy Marine Gensets Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Vessel Type

8.4.4.3.         Market Attractiveness Index

8.4.5.     Spain Marine Gensets Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Vessel Type

8.4.5.3.         Market Attractiveness Index

9.    North America Marine Gensets Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Vessel Type

9.2.2.     By Capacity

9.2.3.     By Country

9.3.  Market Attractiveness Index

9.4.  North America: Country Analysis

9.4.1.     United States Marine Gensets Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Vessel Type

9.4.1.3.         Market Attractiveness Index

9.4.2.     Mexico Marine Gensets Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Vessel Type

9.4.2.3.         Market Attractiveness Index

9.4.3.     Canada Marine Gensets Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Vessel Type

9.4.3.3.         Market Attractiveness Index

10.  South America Marine Gensets Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Vessel Type

10.2.2.  By Capacity

10.2.3.  By Country

10.3.              Market Attractiveness Index

10.3.1.  Brazil Marine Gensets Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Vessel Type

10.3.1.3.      Market Attractiveness Index

10.3.2.  Argentina Marine Gensets Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Vessel Type

10.3.2.3.      Market Attractiveness Index

10.3.3.  Colombia Marine Gensets Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Vessel Type

10.3.3.3.      Market Attractiveness Index

11.  Middle East and Africa Marine Gensets Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Vessel Type

11.2.2.  By Capacity

11.2.3.  By Country

11.3.              Market Attractiveness Index

11.4.              MEA: Country Analysis

11.4.1.  South Africa Marine Gensets Market Outlook

11.4.1.1.      Market Size & Forecast

11.4.1.1.1.           By Value

11.4.1.2.      Market Share & Forecast

11.4.1.2.1.           By Vessel Type

11.4.1.3.      Market Attractiveness Index

11.4.2.  Saudi Arabia Marine Gensets Market Outlook

11.4.2.1.      Market Size & Forecast

11.4.2.1.1.           By Value

11.4.2.2.      Market Share & Forecast

11.4.2.2.1.           By Vessel Type

11.4.2.3.      Market Attractiveness Index

11.4.3.  UAE Marine Gensets Market Outlook

11.4.3.1.      Market Size & Forecast

11.4.3.1.1.           By Value

11.4.3.2.      Market Share & Forecast

11.4.3.2.1.           By Vessel Type

11.4.3.3.      Market Attractiveness Index

11.4.4.  Qatar Marine Gensets Market Outlook

11.4.4.1.      Market Size & Forecast

11.4.4.1.1.           By Value

11.4.4.2.      Market Share & Forecast

11.4.4.2.1.           By Vessel Type

11.4.4.3.      Market Attractiveness Index

12.  Supply Chain Analysis

13.  Market Dynamics

13.1.              Drivers

13.2.              Challenges

14.  Market Trends & Developments

15.  Policy & Regulatory Landscape

16.  Competitive Landscape

16.1.              Competition Outlook

16.2.              Company Profiles (Top 10 Companies)

17.Strategic Recommendation

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