Report overview
Marine propulsion is the mechanism or system used to generate thrust to move a ship or boat across water. Most modern ships are propelled by mechanical systems consisting of an electric motor or engine turning a propeller, or less frequently, in pump-jets, an impeller.
This report aims to provide a comprehensive presentation of the global market for Marine Hybrid Propulsion System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Marine Hybrid Propulsion System. This report contains market size and forecasts of Marine Hybrid Propulsion System in global, including the following market information:
Global Marine Hybrid Propulsion System Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Marine Hybrid Propulsion System market was valued at US$ 2952.1 million in 2022 and is projected to reach US$ 6190.5 million by 2029, at a CAGR of 11.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Hybrid ferries combine traditional diesel power with electric battery power, resulting in reductions in fossil fuel consumption, carbon emissions and other pollutants.
We surveyed the Marine Hybrid Propulsion System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Marine Hybrid Propulsion System Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Marine Hybrid Propulsion System Market Segment Percentages, by Type, 2022 (%)
Less Than 5K DWT
5K-10K DWT
More Than 10K DWT
Global Marine Hybrid Propulsion System Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Marine Hybrid Propulsion System Market Segment Percentages, by Application, 2022 (%)
Logistics
Offshore Drilling
Others
Global Marine Hybrid Propulsion System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Marine Hybrid Propulsion System Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Marine Hybrid Propulsion System revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Marine Hybrid Propulsion System revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
General Electric
Siemens
Caterpillar
BAE Systems
Wartsila
Mitsubishi Heavy Industries
Torqeedo
Steyr Motors
ABB
MAN Diesel & Turbo
Schottel
Outline of Major Chapters:
Chapter 1: Introduces the definition of Marine Hybrid Propulsion System, market overview.
Chapter 2: Global Marine Hybrid Propulsion System market size in revenue.
Chapter 3: Detailed analysis of Marine Hybrid Propulsion System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Marine Hybrid Propulsion System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
