Report overview
Hybrid propulsion is any marine propulsion system that includes two or more sources of propulsion in one design, usually which can be used either together or alternately.
This report aims to provide a comprehensive presentation of the global market for Marine Hybrid Propulsions, 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 Propulsions. This report contains market size and forecasts of Marine Hybrid Propulsions in global, including the following market information:
Global Marine Hybrid Propulsions Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Marine Hybrid Propulsions Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Marine Hybrid Propulsions companies in 2022 (%)
The global Marine Hybrid Propulsions market was valued at US$ 2952.1 million in 2022 and is projected to reach US$ 3622.4 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Marine Hybrid Propulsion market include ABB, Siemens AG, General Electric, etc. The top 3 players occupy about 80% shares of the global market. Europe and North America are main markets, they occupy about 95% of the global market. Diesel-electric is the main type, with a share over 80%. Tugboats is the main application, which holds a share about 54%.
We surveyed the Marine Hybrid Propulsions manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Marine Hybrid Propulsions Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Marine Hybrid Propulsions Market Segment Percentages, by Type, 2022 (%)
Diesel-electric
Parallel Hybrid
Serial Hybrid
Global Marine Hybrid Propulsions Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Marine Hybrid Propulsions Market Segment Percentages, by Application, 2022 (%)
Tugboats & Offshore Support Vessels
Ferries
Defense Vessels
Other
Global Marine Hybrid Propulsions Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Marine Hybrid Propulsions 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 Propulsions revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Marine Hybrid Propulsions revenues share in global market, 2022 (%)
Key companies Marine Hybrid Propulsions sales in global market, 2018-2023 (Estimated), (Units)
Key companies Marine Hybrid Propulsions sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Siemens
General Electric
Rolls-Royce
BAE Systems
Imtech Marine
Wartsila
MAN Diesel & Turbo
Caterpillar
Torqeedo
Aspin Kemp?Associates
Alewijnse Holding
STEYR MOTORS
SCHOTTEL Group
UQM Technologies
Outline of Major Chapters:
Chapter 1: Introduces the definition of Marine Hybrid Propulsions, market overview.
Chapter 2: Global Marine Hybrid Propulsions market size in revenue and volume.
Chapter 3: Detailed analysis of Marine Hybrid Propulsions manufacturers competitive landscape, price, sales and revenue 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 Propulsions 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: Global Marine Hybrid Propulsions capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
