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Market Research Future published a research report on “Global Marine diesel engine Market Research Report - Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. The global marine diesel engine market is projected to grow at 3.83% CAGR during the forecast period 2018-2023. The market will surpass a valuation of USD 6,300 Mn by the year 2023.
Global Marine Diesel Engine Industry Competitive Landscape:
Cox Marine, STX Engine, Deere & Company, Cummins Inc., AGCO Power Inc., Yanmar Co Ltd., Honda Motor Co., Ltd., Greaves Cotton Limited, Caterpillar, China Shipbuilding Industry Group Diesel Engine Co., Ltd., Japan Engine Corporation, Hyundai Heavy Industries Co., Ltd. and Kirlosker Oil Engines Ltd. are some of the leading companies mentioned in MRFR’s report.
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Marine Diesel Engine Industry Segmentation:
MRFR’s report include a thorough segmental analysis of the market based on type, speed, stroke, application and region.
By type, the market has been segmented into auxiliary and propulsion.
By speed, the market has been segmented into low-speed, medium-speed and high-speed.
By stroke, the market has been segmented into 2-stroke and 4-stroke.
By application, the market has been segmented into cargo ship, cruise ship and others.
Marine Diesel Engine Market Scenario:
Rising preference for energy-efficient engine technologies coupled with enforcement of stricter marine safeguard laws is expected to influence the global marine diesel engine market going forward. The capacity for marine diesel engine varies from 40 kW to 416 kW (54hp to 558 hp). Depending on the requirement, these engines may find application in cargo ships, ferries, cruise ships, industrial and small-scale fishing, military and government boats, landing craft, auxiliary ships, search-and-rescue vessels and patrol boats.
Regional Analysis:
The Marine Diesel Engine Market has been assessed in regions such as North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA) and Latin America.
The market is likely to be led by APAC during the projected years. APAC represented more than one-third share of the market in 2017 and is set to grow at a healthy pace in the forthcoming years. Increased import and export activities is driving the maritime sector in the region. Industrialization in countries such as China, India and South Korea has propelled the seaborne trade in and around APAC. At the same time, improvement in policy framework for the maritime sector is partly influencing the market growth APAC. Europe and North America hold the second and third position, respectively.
List of Tables
Table 1 Market Synopsis
Table 2 List Of Assumptions
Table 3 Global Marine Diesel Engine Market, By Type, 2016 To 2023 (USD Million)
Table 4 Global Marine Diesel Engine Market, By Speed, 2016 To 2023 (USD Million)
Table 5 Global Marine Diesel Engine Market, By Stroke, 2016 To 2023 (USD Million)
Table 6 Global Marine Diesel Engine Market, By Application, 2016 To 2023 (USD Million)
Table 7 North America Marine Diesel Engine Market, By Country, 2016 To 2023 (USD Million)
Table 8 North America Marine Diesel Engine Market, By Type, 2016 To 2023 (USD Million)
To Be Continued……..
List of Figures
Figure 1 Global Marine Diesel Engine Market: Market Structure
Figure 2 Research Process Of MRFR
Figure 3 Top-Down & Bottom-Up Approaches
Figure 4 Porter's Five Forces Analysis: Global Marine Diesel Engine Market
Figure 5 Global Marine Diesel Engine Market, By Type, 2017 (% Share)
To Be Continued…….
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