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Global Marine Propulsion Engines Market By Product
(Diesel Propulsion, Wind Propulsion, Gas Turbine
Propulsion, Fuel Cell Propulsion, Steam Turbine Propulsion,
Natural Gas Propulsion) Expected to Reach USD 10.95
Billion by 2020 - Grand View Research, Inc.
The global marine propulsion engines market is expected to reach USD 10.95 billion by 2020,
according to a new study by Grand View Research, Inc. Significant modernization in marine
propulsion as a direct consequence of increased demand for operationally dependable and
financially efficient ships is expected to drive the marine propulsion engines market. The
shipping industry has started to focus more on reducing fossil fuel consumption by developing
electric motors which also help increase energy efficiency.
The market is expected to be hindered by regulations of the International Convention for the
Prevention of Pollution from Ships (MARPOL), which apply principally to the protection of the
marine environment and prevention of contamination by oil, chemical spills, sewage, marine
species, and air pollution by engine exhaust gases. With the advancement in technology and
increasing awareness pertaining to environmental conservation, development of propulsion
systems that run on alternate fuels and with minimal emissions has garnered special importance.
Although wind and solar energy have gained prominence as auxiliary propulsion sources in the
marine propulsion engines market, they are inadequate to suffice the power requirements for
primary propulsion purposes.
View summary of this report @ http://www.grandviewresearch.com/industry-
analysis/marine-propulsion-engines-market
Global marine propulsion engines market by product (USD Million), 2012 – 2020
Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Marine Propulsion Engines-Industry Summary and Critical Success Factors (CSFs)
Chapter 3. Marine Propulsion Engines Industry Outlook
3.1. Market Segmentation
3.2. Market Size and Growth Prospects
3.3. Marine propulsion engines Value Chain Analysis
3.4. Marine propulsion engines Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.5. Key Opportunities Prioritized
3.6. Industry Analysis - Porter's
3.7. Marine propulsion engines – Key company analysis, 2013
3.8. Marine propulsion engines Market PESTEL Analysis, 2013
Chapter 4. Marine propulsion engines Product Outlook
4.1. Diesel propulsion engine
4.1.1. Global market estimates and forecasts, 2012 – 2020
4.2. Wind propulsion
4.2.1. Global market estimates and forecasts, 2012 – 2020
4.3. Gas turbine propulsion
4.3.1. Global market estimates and forecasts, 2012 – 2020
4.4. Fuel Cell propulsion
4.4.1. Global market estimates and forecasts, 2012 – 2020
4.5. Steam turbine propulsion
4.5.1. Global market estimates and forecasts, 2012 – 2020
4.6. Natural Gas propulsion
4.6.1. Global market estimates and forecasts, 2012 – 2020
4.7. Others
4.7.1. Global market estimates and forecasts, 2012 – 2020
Chapter 5. Marine propulsion engines Regional Outlook
5.1. North America
5.1.1. Marine propulsion engines market by product, 2012 – 2020
5.1.2. U.S.
5.1.2.1. Marine propulsion engines market by product, 2012 – 2020
5.2. EMEA
5.2.1. Marine propulsion engines market by product, 2012 – 2020
5.3. Asia Pacific
5.3.1. Marine propulsion engines market by product, 2012 – 2020
5.4. RoW
5.4.1. Marine propulsion engines market by product, 2012 – 2020
Chapter 6. Competitive Landscape
6.1. Aegean
6.1.1. Company Overview
6.1.2.Financial Performance
6.1.3. Product Benchmarking
6.1.4. Strategic Initiatives
6.2. BP
6.2.1. Company Overview
6.2.2. Financial Performance
6.2.3. Product Benchmarking
6.2.4. Strategic Initiatives
6.3. Caterpillar
6.3.1. Company Overview
6.3.2. Financial Performance
6.3.3. Product Benchmarking
6.3.4. Strategic Initiatives
6.4. Chevron
6.4.1. Company Overview
6.4.2. Financial Performance
6.4.3. Product Benchmarking
6.4.4. Strategic Initiatives
6.5. Cummins
6.5.1. Company Overview
6.5.2. Financial Performance
6.5.3. Product Benchmarking
6.5.4. Strategic Initiatives
6.6. Exxon Mobil Corp. (XOM)
6.6.1. Company Overview
6.6.2. Financial Performance
6.6.3. Product Benchmarking
6.6.4. Strategic Initiatives
6.7. Hydraulic Marine Systems
6.7.1. Company Overview
6.7.2. Financial Performance
6.7.3. Product Benchmarking
6.7.4. Strategic Initiatives
6.8. Hydrosta BV
6.8.1. Company Overview
6.8.2. Financial Performance
6.8.3. Product Benchmarking
6.8.4. Strategic Initiatives
6.9. Idemitsu
6.9.1. Company Overview
6.9.2. Financial Performance
6.9.3. Product Benchmarking
6.9.4. Strategic Initiatives
6.10. Ingeteam
6.10.1. Company Overview
6.10.2. Financial Performance
6.10.3. Product Benchmarking
6.10.4. Strategic Initiatives
6.11. Lukoil
6.11.1. Company Overview
6.11.2. Financial Performance
6.11.3. Product Benchmarking
6.11.4. Strategic Initiatives
6.12. MAN Diesel & Turbo
6.12.1. Company Overview
6.12.2. Financial Performance
6.12.3. Product Benchmarking
6.12.4. Strategic Initiatives
6.13. Masson Marine
6.13.1. Company Overview
6.13.2. Financial Performance
6.13.3. Product Benchmarking
6.13.4. Strategic Initiatives
6.14. Mercury Marine
6.14.1. Company Overview
6.14.2. Financial Performance
6.14.3. Product Benchmarking
6.14.4. Strategic Initiatives
6.15. PETRONAS
6.15.1. Company Overview
6.15.2. Financial Performance
6.15.3. Product Benchmarking
6.15.4. Strategic Initiatives
6.16. Shell
6.16.1. Company Overview
6.16.2. Financial Performance
6.16.3. Product Benchmarking
6.16.4. Strategic Initiatives
6.17. Sinopec
6.17.1. Company Overview
6.17.2. Financial Performance
6.17.3. Product Benchmarking
6.17.4. Strategic Initiatives
6.18. Total
6.18.1. Company Overview
6.18.2. Financial Performance
6.18.3. Product Benchmarking
6.18.4. Strategic Initiatives
6.19. Rolls Royce
6.19.1. Company Overview
6.19.2. Financial Performance
6.19.3. Product Benchmarking
6.19.4. Strategic Initiatives
6.20. SCANA
6.20.1. Company Overview
6.20.2. Financial Performance
6.20.3. Product Benchmarking
6.20.4. Strategic Initiatives
6.21. Siemens
6.21.1. Company Overview
6.21.2. Financial Performance
6.21.3. Product Benchmarking
6.21.4. Strategic Initiatives
6.22. Volvo Penta
6.22.1. Company Overview
6.22.2. Financial Performance
6.22.3. Product Benchmarking
6.22.4. Strategic Initiatives
6.23. Wartsila
6.23.1. Company Overview
6.23.2. Financial Performance
6.23.3. Product Benchmarking
6.23.4. Strategic Initiatives
6.24. Yamaha
6.24.1. Company Overview
6.24.2. Financial Performance
6.24.3. Product Benchmarking
6.24.4. Strategic Initiatives
Browse full report @ http://www.grandviewresearch.com/industry-analysis/marine-
propulsion-engines-market
List of Tables
TABLE 1 Marine propulsion engines – Industry Summary & Critical Success Factors (CSFs)
TABLE 2 Global marine propulsion engines market, (USD Million), 2012 – 2020
TABLE 3 Global marine propulsion engines market by region, (USD Million), 2012 – 2020
TABLE 4 Global marine propulsion engines market by product, (USD Million), 2012 – 2020
TABLE 5 Mechanical drive marine propulsion orders, (kW), 2011 & 2012
TABLE 6 Marine auxiliary generating set orders, 2011 & 2012
TABLE 7 Diesel-electric marine propulsion orders, 2011 & 2012
TABLE 8 Global diesel propulsion engine market (USD Million), 2012 – 2020
TABLE 9 Global diesel propulsion engine market by region (USD Million), 2012 - 2020
TABLE 10 Global wind & solar propulsion market (USD Million), 2012 – 2020
TABLE 11 Global wind & solar propulsion market by region (USD Million), 2012 - 2020
TABLE 12 Global gas turbine propulsion market (USD Million), 2012 – 2020
TABLE 13 Global gas turbine propulsion market by region (USD Million), 2012 - 2020
TABLE 14 Global fuel cell propulsion market (USD Million), 2012 – 2020
TABLE 15 Global fuel cell propulsion market by region (USD Million), 2012 - 2020
TABLE 16 Global steam turbine propulsion market (USD Million), 2012 – 2020
TABLE 17 Global steam turbine propulsion market by region (USD Million), 2012 - 2020
TABLE 18 Global natural gas propulsion market (USD Million), 2012 – 2020
TABLE 19 Global natural gas propulsion market by region (USD Million), 2012 - 2020
TABLE 20 Global other propulsion engines market (USD Million), 2012 – 2020
TABLE 21 Global other propulsion engines market by region (USD Million), 2012 - 2020
TABLE 22 North America market by product (USD Million), 2012 – 2020
TABLE 23 U.S. market by product (USD Million), 2012 – 2020
TABLE 24 EMEA market by product (USD Million), 2012 – 2020
TABLE 25 Asia Pacific market by product (USD Million), 2012 – 2020
TABLE 26 RoW market by product (USD Million), 2012 – 2020
For More Information visit http://www.grandviewresearch.com/industry-analysis/marine-
propulsion-engines-market
List of Figures
FIG. 1 Marine propulsion engines Market Segmentation
FIG. 2 Global marine propulsion engines market (USD Million), 2012 - 2020
FIG. 3 Marine propulsion engines Value Chain Analysis
FIG. 4 Marine propulsion engines Market Dynamics
FIG. 5 Key Opportunities Prioritized
FIG. 6 Marine propulsion engines - Porter’s Analysis
FIG. 7 Marine propulsion engines - PESTEL Analysis
FIG. 8 Low-speed diesel engines – Company market share analysis
FIG. 9 Medium-speed diesel engines – Company market share analysis
FIG. 10 Marine propulsion engines market share by product, 2013 & 2020
FIG. 11 Global diesel propulsion engine demand (USD Million), 2012 – 2020
FIG. 12 Global wind & solar propulsion market (USD Million), 2012 – 2020
FIG. 13 Global gas turbine propulsion market (USD Million), 2012 – 2020
FIG. 14 Global fuel cell propulsion demand (USD Million), 2012 – 2020
FIG. 15 Global steam turbine propulsion market (USD Million), 2012 – 2020
FIG. 16 Global natural gas propulsion market (USD Million), 2012 – 2020
FIG. 17 Global other propulsion engines market (USD Million), 2012 – 2020
FIG. 18 Marine propulsion engines market share by region, 2013 & 2020
FIG. 19 North America market by product (USD Million), 2012 – 2020
FIG. 20 U.S. market by product (USD Million), 2012 – 2020
FIG. 21 EMEA market by product (USD Million), 2012 – 2020
FIG. 22 Asia Pacific market by product (USD Million), 2012 – 2020
FIG. 23 RoW market by product (USD Million), 2012 – 2020
Further key findings from the study suggest:
 High reliability and easy operability have resulted in diesel engines being the most
extensively used to meet the primary as well as auxiliary ship propulsion needs in the
marine industry. Presence of well-established spare part and repair networks globally
coupled with availability of trained engineers and established training facilities has
further driven the diesel marine propulsion engines demand.
 Depleting conventional and shale gas reserves have led to the increase in the demand for
liquefied natural gas (LNG) as a marine fuel which involve dual fuel diesel (DFD)
engines as prime movers. Wind energy and solar energy have gained prominence as
auxiliary power generating sources as they do not emit harmful pollutants. Although
steam turbine systems were traditionally used as prime movers, they have been
increasingly substituted by diesel and dual fuel diesel (DFD) engines. Steam marine
propulsion engines are still used in niche applications such as coal carriers and LNG
carriers.
 Asia Pacific accounted for a substantial share of the overall marine propulsion engines
market revenue in 2013, which can be attributed to significant investments by countries
in the Far East such as China and South Korea. North America is among the highest
adopters of LNG as a propulsion medium.
 Leading marine propulsion engines manufacturers such as Wärtsilä, Rolls-Royce, MAN
Diesel, Caterpillar, and Cummins adopt global multi-sourcing strategies to explore
alternative sources of supply. Marine propulsion engines manufacturers have dedicated
professional sales staff having expertise in the company’s entire product lines for
identifying specific and tailored solutions. The marine propulsion engines market is
characterized by frequent mergers and acquisitions in a bid to achieve competitive
advantage.
Request free sample of this Report @ http://www.grandviewresearch.com/industry-
analysis/marine-propulsion-engines-market/request
For the purpose of this study, Grand View Research has segmented the global marine propulsion
engines market on the basis of product and region:
Marine Propulsion Engines Product Outlook (Revenue, USD Million, 2012 – 2020)
 Diesel Propulsion
 Wind & Solar Propulsion
 Gas Turbine Propulsion
 Fuel Cell Propulsion
 Steam Turbine Propulsion
 Natural Gas
 Others
Marine Propulsion Engines Regional Outlook (Revenue, USD Million, 2012 – 2020)
 North America
 EMEA
 Asia Pacific
 RoW
Browse All Reports of this category @
http://www.grandviewresearch.com/industry/automotive-and-transportation
About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-
shelf, customized research reports and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and fact-based research
across a range of industries, from technology to chemicals, materials and energy. With a deep-
seated understanding of varied business environments, Grand View Research provides strategic
objective insights.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Website: Grand View Research
Blog Site: http://www.divog.org/

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Marine Propulsion Engines Market Size Worth USD 10.95 Billion By 2020: Grand View Research, Inc.

  • 1. Global Marine Propulsion Engines Market By Product (Diesel Propulsion, Wind Propulsion, Gas Turbine Propulsion, Fuel Cell Propulsion, Steam Turbine Propulsion, Natural Gas Propulsion) Expected to Reach USD 10.95 Billion by 2020 - Grand View Research, Inc. The global marine propulsion engines market is expected to reach USD 10.95 billion by 2020, according to a new study by Grand View Research, Inc. Significant modernization in marine propulsion as a direct consequence of increased demand for operationally dependable and financially efficient ships is expected to drive the marine propulsion engines market. The shipping industry has started to focus more on reducing fossil fuel consumption by developing electric motors which also help increase energy efficiency. The market is expected to be hindered by regulations of the International Convention for the Prevention of Pollution from Ships (MARPOL), which apply principally to the protection of the marine environment and prevention of contamination by oil, chemical spills, sewage, marine species, and air pollution by engine exhaust gases. With the advancement in technology and increasing awareness pertaining to environmental conservation, development of propulsion systems that run on alternate fuels and with minimal emissions has garnered special importance. Although wind and solar energy have gained prominence as auxiliary propulsion sources in the marine propulsion engines market, they are inadequate to suffice the power requirements for primary propulsion purposes. View summary of this report @ http://www.grandviewresearch.com/industry- analysis/marine-propulsion-engines-market
  • 2. Global marine propulsion engines market by product (USD Million), 2012 – 2020 Table of Contents Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumption 1.3. List of Data Sources Chapter 2. Executive Summary 2.1. Marine Propulsion Engines-Industry Summary and Critical Success Factors (CSFs) Chapter 3. Marine Propulsion Engines Industry Outlook 3.1. Market Segmentation 3.2. Market Size and Growth Prospects 3.3. Marine propulsion engines Value Chain Analysis 3.4. Marine propulsion engines Market Dynamics 3.4.1. Market Driver Analysis 3.4.2. Market Restraint Analysis
  • 3. 3.5. Key Opportunities Prioritized 3.6. Industry Analysis - Porter's 3.7. Marine propulsion engines – Key company analysis, 2013 3.8. Marine propulsion engines Market PESTEL Analysis, 2013 Chapter 4. Marine propulsion engines Product Outlook 4.1. Diesel propulsion engine 4.1.1. Global market estimates and forecasts, 2012 – 2020 4.2. Wind propulsion 4.2.1. Global market estimates and forecasts, 2012 – 2020 4.3. Gas turbine propulsion 4.3.1. Global market estimates and forecasts, 2012 – 2020 4.4. Fuel Cell propulsion 4.4.1. Global market estimates and forecasts, 2012 – 2020 4.5. Steam turbine propulsion 4.5.1. Global market estimates and forecasts, 2012 – 2020 4.6. Natural Gas propulsion 4.6.1. Global market estimates and forecasts, 2012 – 2020 4.7. Others 4.7.1. Global market estimates and forecasts, 2012 – 2020 Chapter 5. Marine propulsion engines Regional Outlook 5.1. North America 5.1.1. Marine propulsion engines market by product, 2012 – 2020 5.1.2. U.S. 5.1.2.1. Marine propulsion engines market by product, 2012 – 2020 5.2. EMEA 5.2.1. Marine propulsion engines market by product, 2012 – 2020 5.3. Asia Pacific 5.3.1. Marine propulsion engines market by product, 2012 – 2020 5.4. RoW 5.4.1. Marine propulsion engines market by product, 2012 – 2020 Chapter 6. Competitive Landscape 6.1. Aegean 6.1.1. Company Overview 6.1.2.Financial Performance 6.1.3. Product Benchmarking 6.1.4. Strategic Initiatives 6.2. BP 6.2.1. Company Overview
  • 4. 6.2.2. Financial Performance 6.2.3. Product Benchmarking 6.2.4. Strategic Initiatives 6.3. Caterpillar 6.3.1. Company Overview 6.3.2. Financial Performance 6.3.3. Product Benchmarking 6.3.4. Strategic Initiatives 6.4. Chevron 6.4.1. Company Overview 6.4.2. Financial Performance 6.4.3. Product Benchmarking 6.4.4. Strategic Initiatives 6.5. Cummins 6.5.1. Company Overview 6.5.2. Financial Performance 6.5.3. Product Benchmarking 6.5.4. Strategic Initiatives 6.6. Exxon Mobil Corp. (XOM) 6.6.1. Company Overview 6.6.2. Financial Performance 6.6.3. Product Benchmarking 6.6.4. Strategic Initiatives 6.7. Hydraulic Marine Systems 6.7.1. Company Overview 6.7.2. Financial Performance 6.7.3. Product Benchmarking 6.7.4. Strategic Initiatives 6.8. Hydrosta BV 6.8.1. Company Overview 6.8.2. Financial Performance 6.8.3. Product Benchmarking 6.8.4. Strategic Initiatives 6.9. Idemitsu 6.9.1. Company Overview 6.9.2. Financial Performance 6.9.3. Product Benchmarking 6.9.4. Strategic Initiatives
  • 5. 6.10. Ingeteam 6.10.1. Company Overview 6.10.2. Financial Performance 6.10.3. Product Benchmarking 6.10.4. Strategic Initiatives 6.11. Lukoil 6.11.1. Company Overview 6.11.2. Financial Performance 6.11.3. Product Benchmarking 6.11.4. Strategic Initiatives 6.12. MAN Diesel & Turbo 6.12.1. Company Overview 6.12.2. Financial Performance 6.12.3. Product Benchmarking 6.12.4. Strategic Initiatives 6.13. Masson Marine 6.13.1. Company Overview 6.13.2. Financial Performance 6.13.3. Product Benchmarking 6.13.4. Strategic Initiatives 6.14. Mercury Marine 6.14.1. Company Overview 6.14.2. Financial Performance 6.14.3. Product Benchmarking 6.14.4. Strategic Initiatives 6.15. PETRONAS 6.15.1. Company Overview 6.15.2. Financial Performance 6.15.3. Product Benchmarking 6.15.4. Strategic Initiatives 6.16. Shell 6.16.1. Company Overview 6.16.2. Financial Performance 6.16.3. Product Benchmarking 6.16.4. Strategic Initiatives 6.17. Sinopec 6.17.1. Company Overview 6.17.2. Financial Performance
  • 6. 6.17.3. Product Benchmarking 6.17.4. Strategic Initiatives 6.18. Total 6.18.1. Company Overview 6.18.2. Financial Performance 6.18.3. Product Benchmarking 6.18.4. Strategic Initiatives 6.19. Rolls Royce 6.19.1. Company Overview 6.19.2. Financial Performance 6.19.3. Product Benchmarking 6.19.4. Strategic Initiatives 6.20. SCANA 6.20.1. Company Overview 6.20.2. Financial Performance 6.20.3. Product Benchmarking 6.20.4. Strategic Initiatives 6.21. Siemens 6.21.1. Company Overview 6.21.2. Financial Performance 6.21.3. Product Benchmarking 6.21.4. Strategic Initiatives 6.22. Volvo Penta 6.22.1. Company Overview 6.22.2. Financial Performance 6.22.3. Product Benchmarking 6.22.4. Strategic Initiatives 6.23. Wartsila 6.23.1. Company Overview 6.23.2. Financial Performance 6.23.3. Product Benchmarking 6.23.4. Strategic Initiatives 6.24. Yamaha 6.24.1. Company Overview 6.24.2. Financial Performance 6.24.3. Product Benchmarking 6.24.4. Strategic Initiatives
  • 7. Browse full report @ http://www.grandviewresearch.com/industry-analysis/marine- propulsion-engines-market List of Tables TABLE 1 Marine propulsion engines – Industry Summary & Critical Success Factors (CSFs) TABLE 2 Global marine propulsion engines market, (USD Million), 2012 – 2020 TABLE 3 Global marine propulsion engines market by region, (USD Million), 2012 – 2020 TABLE 4 Global marine propulsion engines market by product, (USD Million), 2012 – 2020 TABLE 5 Mechanical drive marine propulsion orders, (kW), 2011 & 2012 TABLE 6 Marine auxiliary generating set orders, 2011 & 2012 TABLE 7 Diesel-electric marine propulsion orders, 2011 & 2012 TABLE 8 Global diesel propulsion engine market (USD Million), 2012 – 2020 TABLE 9 Global diesel propulsion engine market by region (USD Million), 2012 - 2020 TABLE 10 Global wind & solar propulsion market (USD Million), 2012 – 2020 TABLE 11 Global wind & solar propulsion market by region (USD Million), 2012 - 2020 TABLE 12 Global gas turbine propulsion market (USD Million), 2012 – 2020 TABLE 13 Global gas turbine propulsion market by region (USD Million), 2012 - 2020 TABLE 14 Global fuel cell propulsion market (USD Million), 2012 – 2020 TABLE 15 Global fuel cell propulsion market by region (USD Million), 2012 - 2020 TABLE 16 Global steam turbine propulsion market (USD Million), 2012 – 2020 TABLE 17 Global steam turbine propulsion market by region (USD Million), 2012 - 2020 TABLE 18 Global natural gas propulsion market (USD Million), 2012 – 2020 TABLE 19 Global natural gas propulsion market by region (USD Million), 2012 - 2020 TABLE 20 Global other propulsion engines market (USD Million), 2012 – 2020 TABLE 21 Global other propulsion engines market by region (USD Million), 2012 - 2020 TABLE 22 North America market by product (USD Million), 2012 – 2020 TABLE 23 U.S. market by product (USD Million), 2012 – 2020 TABLE 24 EMEA market by product (USD Million), 2012 – 2020 TABLE 25 Asia Pacific market by product (USD Million), 2012 – 2020 TABLE 26 RoW market by product (USD Million), 2012 – 2020 For More Information visit http://www.grandviewresearch.com/industry-analysis/marine- propulsion-engines-market
  • 8. List of Figures FIG. 1 Marine propulsion engines Market Segmentation FIG. 2 Global marine propulsion engines market (USD Million), 2012 - 2020 FIG. 3 Marine propulsion engines Value Chain Analysis FIG. 4 Marine propulsion engines Market Dynamics FIG. 5 Key Opportunities Prioritized FIG. 6 Marine propulsion engines - Porter’s Analysis FIG. 7 Marine propulsion engines - PESTEL Analysis FIG. 8 Low-speed diesel engines – Company market share analysis FIG. 9 Medium-speed diesel engines – Company market share analysis FIG. 10 Marine propulsion engines market share by product, 2013 & 2020 FIG. 11 Global diesel propulsion engine demand (USD Million), 2012 – 2020 FIG. 12 Global wind & solar propulsion market (USD Million), 2012 – 2020 FIG. 13 Global gas turbine propulsion market (USD Million), 2012 – 2020 FIG. 14 Global fuel cell propulsion demand (USD Million), 2012 – 2020 FIG. 15 Global steam turbine propulsion market (USD Million), 2012 – 2020 FIG. 16 Global natural gas propulsion market (USD Million), 2012 – 2020 FIG. 17 Global other propulsion engines market (USD Million), 2012 – 2020 FIG. 18 Marine propulsion engines market share by region, 2013 & 2020 FIG. 19 North America market by product (USD Million), 2012 – 2020 FIG. 20 U.S. market by product (USD Million), 2012 – 2020
  • 9. FIG. 21 EMEA market by product (USD Million), 2012 – 2020 FIG. 22 Asia Pacific market by product (USD Million), 2012 – 2020 FIG. 23 RoW market by product (USD Million), 2012 – 2020 Further key findings from the study suggest:  High reliability and easy operability have resulted in diesel engines being the most extensively used to meet the primary as well as auxiliary ship propulsion needs in the marine industry. Presence of well-established spare part and repair networks globally coupled with availability of trained engineers and established training facilities has further driven the diesel marine propulsion engines demand.  Depleting conventional and shale gas reserves have led to the increase in the demand for liquefied natural gas (LNG) as a marine fuel which involve dual fuel diesel (DFD) engines as prime movers. Wind energy and solar energy have gained prominence as auxiliary power generating sources as they do not emit harmful pollutants. Although steam turbine systems were traditionally used as prime movers, they have been increasingly substituted by diesel and dual fuel diesel (DFD) engines. Steam marine propulsion engines are still used in niche applications such as coal carriers and LNG carriers.  Asia Pacific accounted for a substantial share of the overall marine propulsion engines market revenue in 2013, which can be attributed to significant investments by countries in the Far East such as China and South Korea. North America is among the highest adopters of LNG as a propulsion medium.  Leading marine propulsion engines manufacturers such as Wärtsilä, Rolls-Royce, MAN Diesel, Caterpillar, and Cummins adopt global multi-sourcing strategies to explore alternative sources of supply. Marine propulsion engines manufacturers have dedicated professional sales staff having expertise in the company’s entire product lines for identifying specific and tailored solutions. The marine propulsion engines market is characterized by frequent mergers and acquisitions in a bid to achieve competitive advantage. Request free sample of this Report @ http://www.grandviewresearch.com/industry- analysis/marine-propulsion-engines-market/request For the purpose of this study, Grand View Research has segmented the global marine propulsion engines market on the basis of product and region: Marine Propulsion Engines Product Outlook (Revenue, USD Million, 2012 – 2020)  Diesel Propulsion
  • 10.  Wind & Solar Propulsion  Gas Turbine Propulsion  Fuel Cell Propulsion  Steam Turbine Propulsion  Natural Gas  Others Marine Propulsion Engines Regional Outlook (Revenue, USD Million, 2012 – 2020)  North America  EMEA  Asia Pacific  RoW Browse All Reports of this category @ http://www.grandviewresearch.com/industry/automotive-and-transportation About Grand View Research Grand View Research, Inc. is a market research and consulting company that provides off-the- shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep- seated understanding of varied business environments, Grand View Research provides strategic objective insights. Contact: Sherry James Corporate Sales Specialist, U.S.A. Grand View Research, Inc. United States Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Website: Grand View Research Blog Site: http://www.divog.org/