Global Marine Gensets Market Size, Share, Trends, Industry Growth by Fuel (Diesel, Gas, Hybrid), by Vessel Type (Commercial, Defense, Offshore, Others), by Power Rating, and Forecast to 2027

Price: 3600/- USD | Published Date: October 27, 2021 |

The global marine gensets market size is anticipated to register a significant CAGR of around 4% during the forecast period 2021 to 2027. The increasing demand for commercial vessels and the growing ship-building manufacturing are some major factors to drive the market growth. Furthermore, the increasing investment in the ship-building industry and the growth in seaborne trade around the world are further expected to boost the market growth over the forecast period. Moreover, the growing consumption of natural gas globally is expected to increase the demand for gas carrier vessels, which is expected to fuel the market growth.

Market Segment Insights:

The global marine gensets market is bifurcated into fuel, vessel type, power rating, and geography. On the basis of fuel, the market is further segmented into diesel, gas, and hybrid fuel. The diesel segment dominated the global market in 202 and estimated to grow at the same trends over the forecast period. The benefits associated with the diesel marine gensets such as low maintenance, longer life span, and safe fuel storage are some major factors to drive the segment growth. However, the increasing environmental concern is expected to increase the demand for hybrid marine gensets over the forecast period.

Marine Gensets Market Forecast

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The marine gensets comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The marine gensets market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Global Marine Gensets Market Segmentation:

By Fuel:

  • Spray-tray Type Deaeration
  • Spray Type Deaeration
  • Vacuum Type Deaeration

By Vessel Type:

  • Commercial Vessel
  • Defense Vessel
  • Offshore Vessels
  • Others

By Power Rating:

  • <1,000 kW
  • 1,000 kW-5,000 kW
  • 5,000 kW-10,000 kW
  • 10,000 kW-20,000 kW
  • >20,000 kW

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Marine Gensets Market: Geographic Coverage

Geographically, the marine gensets market report comprises dedicated sections centering on the regional market revenue and trends. The marine gensets market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The marine gensets market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Marine gensets market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2021 – 2027.

Marine Gensets Market: Competitive Assessment

Some of the major market players operating in the global marine gensets market are Caterpillar, ABB Ltd., MAN Energy Solutions, Cummins, and Kongsberg. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Caterpillar
  • ABB Ltd.
  • MAN Energy Solutions
  • Cummins
  • Kongsberg
  • Volvo Penta
  • Wärtsila
  • Weicha
  • Kohler
  • Sole Diesel
  • Anglo Belgian

Key Questions Answered by Marine Gensets Market Report

  • Global marine gensets market forecasts from 2021-2027
  • Regional marine gensets market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
  • Marine gensets submarket forecasts from 2021-2027 cover the market by fuel, by vessel type, by power rating, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis pertaining to marine gensets market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country-level marine gensets markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the marine gensets market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Marine Gensets Market Portraiture
2.2. Global Marine Gensets Market, by Fuel, 2020 (USD Mn)
2.3. Global Marine Gensets Market, by Vessel Type, 2020 (USD Mn)
2.4. Global Marine Gensets Market, by Power Rating, 2020 (USD Mn)
2.5. Global Marine Gensets Market, by Geography, 2020 (USD Mn)

 

3. Global Marine Gensets Market Analysis


3.1. Marine Gensets Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis

 

4. Global Marine Gensets Market By Fuel, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Diesel fuel
4.3. Gas fuel
4.4. Hybrid fuel

 

5. Global Marine Gensets Market By Vessel Type, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. Commercial Vessel
5.3. Defense Vessel
5.4. Offshore Vessels
5.5. Others

 

6. Global Marine Gensets Market By Power Rating, 2018 – 2027 (USD Mn)


6.1. Overview
6.2. <1,000 kW
6.3. 1,000 kW-5,000 kW
6.4. 5,000 kW-10,000 kW
6.5. 10,000 kW-20,000 kW
6.6. >20,000 kW

 

7. North America Marine Gensets Market Analysis and Forecast, 2018 – 2027 (USD Mn)


7.1.1. Overview
7.1.2. North America Marine Gensets Market by Fuel (2018-2027 USD Mn)
7.1.3. North America Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
7.1.4. North America Marine Gensets Market by Power Rating (2018-2027 USD Mn)
7.1.5. North America Marine Gensets Market by Country (2018-2027 USD Mn)
7.1.5.1. U.S.
7.1.5.1.1. U.S. Marine Gensets Market by Fuel (2018-2027 USD Mn)
7.1.5.1.2. U.S. Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
7.1.5.1.3. U.S. Marine Gensets Market by Power Rating (2018-2027 USD Mn)
7.1.5.2. Canada
7.1.5.2.1. Canada Marine Gensets Market by Fuel (2018-2027 USD Mn)
7.1.5.2.2. Canada Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
7.1.5.2.3. Canada Marine Gensets Market by Power Rating (2018-2027 USD Mn)

 

8. Europe Marine Gensets Market Analysis and Forecast, 2018 – 2027 (USD Mn)


8.1.1. Overview
8.1.2. Europe Marine Gensets Market by Fuel (2018-2027 USD Mn)
8.1.3. Europe Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
8.1.4. Europe Marine Gensets Market by Power Rating (2018-2027 USD Mn)
8.1.5. Europe Marine Gensets Market by Country (2018-2027 USD Mn)
8.1.5.1. Germany
8.1.5.1.1. Germany Marine Gensets Market by Fuel (2018-2027 USD Mn)
8.1.5.1.2. Germany Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
8.1.5.1.3. Germany Marine Gensets Market by Power Rating (2018-2027 USD Mn)
8.1.5.2. U.K.
8.1.5.2.1. U.K. Marine Gensets Market by Fuel (2018-2027 USD Mn)
8.1.5.2.2. U.K. Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
8.1.5.2.3. U.K. Marine Gensets Market by Power Rating (2018-2027 USD Mn)
8.1.5.3. France
8.1.5.3.1. France Marine Gensets Market by Fuel (2018-2027 USD Mn)
8.1.5.3.2. France Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
8.1.5.3.3. France Marine Gensets Market by Power Rating (2018-2027 USD Mn)
8.1.5.4. Italy
8.1.5.4.1. Italy Marine Gensets Market by Fuel (2018-2027 USD Mn)
8.1.5.4.2. Italy Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
8.1.5.4.3. Italy Marine Gensets Market by Power Rating (2018-2027 USD Mn)
8.1.5.5. Rest of Europe
8.1.5.5.1. Rest of Europe Marine Gensets Market by Fuel (2018-2027 USD Mn)
8.1.5.5.2. Rest of Europe Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
8.1.5.5.3. Rest of Europe Marine Gensets Market by Power Rating (2018-2027 USD Mn)

 

9. Asia Pacific Marine Gensets Market Analysis and Forecast, 2018 – 2027 (USD Mn)


9.1.1. Overview
9.1.2. Asia Pacific Marine Gensets Market by Fuel (2018-2027 USD Mn)
9.1.3. Asia Pacific Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
9.1.4. Asia Pacific Marine Gensets Market by Power Rating (2018-2027 USD Mn)
9.1.5. Asia Pacific Marine Gensets Market by Country (2018-2027 USD Mn)
9.1.5.1. China
9.1.5.1.1. China Marine Gensets Market by Fuel (2018-2027 USD Mn)
9.1.5.1.2. China Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
9.1.5.1.3. China Marine Gensets Market by Power Rating (2018-2027 USD Mn)
9.1.5.2. Japan
9.1.5.2.1. Japan Marine Gensets Market by Fuel (2018-2027 USD Mn)
9.1.5.2.2. Japan Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
9.1.5.2.3. Japan Marine Gensets Market by Power Rating (2018-2027 USD Mn)
9.1.5.3. Rest of Asia Pacific
9.1.5.3.1. Rest of Asia Pacific Marine Gensets Market by Fuel (2018-2027 USD Mn)
9.1.5.3.2. Rest of Asia Pacific Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
9.1.5.3.3. Rest of Asia Pacific Marine Gensets Market by Power Rating (2018-2027 USD Mn)

 

10. Latin America (LATAM) Marine Gensets Market Analysis and Forecast, 2018 – 2027 (USD Mn)


10.1.1. Overview
10.1.2. Latin America Marine Gensets Market by Fuel (2018-2027 USD Mn)
10.1.3. Latin America Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
10.1.4. Latin America Marine Gensets Market by Power Rating (2018-2027 USD Mn)
10.1.5. Latin America Marine Gensets Market by Country (2018-2027 USD Mn)
10.1.5.1. Brazil
10.1.5.1.1. Brazil Marine Gensets Market by Fuel (2018-2027 USD Mn)
10.1.5.1.2. Brazil Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
10.1.5.1.3. Brazil Marine Gensets Market by Power Rating (2018-2027 USD Mn)
10.1.5.2. Mexico
10.1.5.2.1. Mexico Marine Gensets Market by Fuel (2018-2027 USD Mn)
10.1.5.2.2. Mexico Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
10.1.5.2.3. Mexico Marine Gensets Market by Power Rating (2018-2027 USD Mn)
10.1.5.3. Rest of Latin America
10.1.5.3.1. Rest of Latin America Marine Gensets Market by Fuel (2018-2027 USD Mn)
10.1.5.3.2. Rest of Latin America Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
10.1.5.3.3. Rest of Latin America Marine Gensets Market by Power Rating (2018-2027 USD Mn)

 

11. Middle East and Africa Marine Gensets Market Analysis and Forecast, 2018 – 2027 (USD Mn)


11.1.1. Overview
11.1.2. MEA Marine Gensets Market by Fuel (2018-2027 USD Mn)
11.1.3. MEA Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
11.1.4. MEA Marine Gensets Market by Power Rating (2018-2027 USD Mn)
11.1.5. Middle East and Africa Marine Gensets Market, by Country (2018-2027 USD Mn)
11.1.5.1. GCC
11.1.5.1.1. GCC Marine Gensets Market by Fuel (2018-2027 USD Mn)
11.1.5.1.2. GCC Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
11.1.5.1.3. GCC Marine Gensets Market by Power Rating (2018-2027 USD Mn)
11.1.5.2. South Africa
11.1.5.2.1. South Africa Marine Gensets Market by Fuel (2018-2027 USD Mn)
11.1.5.2.2. South Africa Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
11.1.5.2.3. South Africa Marine Gensets Market by Power Rating (2018-2027 USD Mn)
11.1.5.3. Rest of MEA
11.1.5.3.1. Rest of MEA Marine Gensets Market by Fuel (2018-2027 USD Mn)
11.1.5.3.2. Rest of MEA Marine Gensets Market by Vessel Type (2018-2027 USD Mn)
11.1.5.3.3. Rest of MEA Marine Gensets Market by Power Rating (2018-2027 USD Mn)

 

12. Company Profiles


12.1. Caterpillar
12.1.1. Business Description
12.1.2. Financial Health and Budget Allocation
12.1.3. Product Positions/Portfolio
12.1.4. Recent Development
12.1.5. SWOT Analysis
12.2. ABB Ltd.
12.2.1. Business Description
12.2.2. Financial Health and Budget Allocation
12.2.3. Product Positions/Portfolio
12.2.4. Recent Development
12.2.5. SWOT Analysis
12.3. MAN Energy Solutions
12.3.1. Business Description
12.3.2. Financial Health and Budget Allocation
12.3.3. Product Positions/Portfolio
12.3.4. Recent Development
12.3.5. SWOT Analysis
12.4. Cummins
12.4.1. Business Description
12.4.2. Financial Health and Budget Allocation
12.4.3. Product Positions/Portfolio
12.4.4. Recent Development
12.4.5. SWOT Analysis
12.5. Kongsberg
12.5.1. Business Description
12.5.2. Financial Health and Budget Allocation
12.5.3. Product Positions/Portfolio
12.5.4. Recent Development
12.5.5. SWOT Analysis
12.6. Volvo Penta
12.6.1. Business Description
12.6.2. Financial Health and Budget Allocation
12.6.3. Product Positions/Portfolio
12.6.4. Recent Development
12.6.5. SWOT Analysis
12.7. Wärtsila
12.7.1. Business Description
12.7.2. Financial Health and Budget Allocation
12.7.3. Product Positions/Portfolio
12.7.4. Recent Development
12.7.5. SWOT Analysis
12.8. Weicha
12.8.1. Business Description
12.8.2. Financial Health and Budget Allocation
12.8.3. Product Positions/Portfolio
12.8.4. Recent Development
12.8.5. SWOT Analysis
12.9. Kohler
12.9.1. Business Description
12.9.2. Financial Health and Budget Allocation
12.9.3. Product Positions/Portfolio
12.9.4. Recent Development
12.9.5. SWOT Analysis
12.10. Sole Diesel
12.10.1. Business Description
12.10.2. Financial Health and Budget Allocation
12.10.3. Product Positions/Portfolio
12.10.4. Recent Development
12.10.5. SWOT Analysis
12.11. Anglo Belgian
12.11.1. Business Description
12.11.2. Financial Health and Budget Allocation
12.11.3. Product Positions/Portfolio
12.11.4. Recent Development
12.11.5. SWOT Analysis
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