Market Overview:
The global four stroke marine diesel engine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for commercial and military vessels across the globe. Additionally, the growing popularity of hybrid and electric vessels is also propelling the growth of this market. Based on type, the global four stroke marine diesel engine market can be segmented into 500-3000kW, 3000-6000kW, 6000-9000kW, and others segments. The 3000-6000 kW segment is expected to account for a major share in terms of revenue in 2018 owing to its high efficiency and low emissions as compared to other types of engines available in this category. Based on application, the global four stroke marine diesel engine market can be classified into commercial and military applications segments.
Product Definition:
A four stroke marine diesel engine is a type of internal combustion engine that uses the four strokes of air and fuel induction, compression, power generation, and exhaust to generate mechanical energy. Four stroke marine diesel engines are used in a wide variety of applications, from large commercial vessels to small fishing boats. The importance of four stroke marine diesel engines lies in their ability to provide reliable power for extended periods of time with low emissions and minimal noise pollution.
500-3000kW:
500-3000kW is the range of power for a marine diesel engine. It’s used to power ships, yachts and other water vessels. The growth factor in this market is mainly attributed to the growing demand from Asia Pacific region due to rise in disposable income coupled with increase in maritime trade activities.
3000-6000kW:
The power range 3000-6000kW is used in marine four stroke diesel engines. The main application of this power range is to provide high speed and performance to the ships. With the increase in trade activities worldwide, there has been a significant rise in container traffic over the years. To cater to this need, large number of ports have been developed along with shipbuilding facilities at some convenient distance from these ports which are expected to drive market growth over the forecast period.
Application Insights:
The commercial application segment dominated the global four stroke marine diesel engine market in 2017, accounting for over 60.0% share of the total revenue. The segment is expected to witness significant growth on account of rising demand from cruise ships and ferries across various regions including North America and Europe. In addition, growing tourism in Asia Pacific countries such as China, India, Thailand Vietnam owing to attractive destinations coupled with favorable government policies promoting infrastructure development is expected to drive the product demand in this region over the forecast period.
Military was another prominent segment accounting for 39.0% share of total revenue in 2017 owing to increasing defense expenditure by several countries across different regions including Middle East & Africa.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period owing to rapid growth of marine diesel engine demand in countries such as China, India, and Japan. The region is also anticipated to witness high product demand from other sectors due to increasing number of manufacturing facilities in countries such as China and India.
Europe was estimated at USD X million in 2017 and is projected to grow at a CAGR of XX% over the forecast period on account of rising product adoption across various applications including fishing vessels, military vessels, inland waterway boats (floods), recreational boats (hydrofoils), commercial ships (inclined hull) etc.). Moreover North America market for four stroke marine diesel engines was valued at USD X million in 2017 and it is anticipated that this regional segment will expand at a CAGR exceeding 2% during the forecast years owing to growing interest from U.S.
Growth Factors:
- Increasing demand for marine vessels owing to the growth in maritime trade
- Rising awareness about the benefits of using four stroke marine diesel engines over two stroke engines
- Technological advancements that have led to the development of more fuel-efficient and environment-friendly four stroke marine diesel engines
- Growing popularity of yacht tourism, which is boosting demand for high-end boats and yachts equipped with four stroke marine diesel engines
- Stringent regulations on emissions from shipping vessels, which is encouraging vessel owners to switch to more fuel-efficient four stroke marine diesel engines
Scope Of The Report
Report Attributes
Report Details
Report Title
Four Stroke Marine Diesel Engine Market Research Report
By Type
500-3000kW, 3000-6000kW, 6000-9000kW, Others
By Application
Military, Commercial
By Companies
Kawasaki, Volkswagen Group (MAN Energy Solutions), Wartsila, Hyundai, MES, Caterpillar, BMW (Rolls-Royce), DOOSAN, Mhi-mme, WeiCai, Kawasaki
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Four Stroke Marine Diesel Engine Market Report Segments:
The global Four Stroke Marine Diesel Engine market is segmented on the basis of:
Types
500-3000kW, 3000-6000kW, 6000-9000kW, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kawasaki
- Volkswagen Group (MAN Energy Solutions)
- Wartsila
- Hyundai
- MES
- Caterpillar
- BMW (Rolls-Royce)
- DOOSAN
- Mhi-mme
- WeiCai
- Kawasaki
Highlights of The Four Stroke Marine Diesel Engine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 500-3000kW
- 3000-6000kW
- 6000-9000kW
- Others
- By Application:
- Military
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Four Stroke Marine Diesel Engine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Four Stroke Marine Diesel Engine is a type of diesel engine that uses four cylinders to produce power. These engines are typically used in small boats and ships because they are efficient and provide good fuel economy.
Some of the major players in the four stroke marine diesel engine market are Kawasaki, Volkswagen Group (MAN Energy Solutions), Wartsila, Hyundai, MES, Caterpillar, BMW (Rolls-Royce), DOOSAN, Mhi-mme, WeiCai, Kawasaki.
The four stroke marine diesel engine market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Four Stroke Marine Diesel Engine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Four Stroke Marine Diesel Engine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Four Stroke Marine Diesel Engine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Four Stroke Marine Diesel Engine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Four Stroke Marine Diesel Engine Market Size & Forecast, 2018-2028
4.5.1 Four Stroke Marine Diesel Engine Market Size and Y-o-Y Growth
4.5.2 Four Stroke Marine Diesel Engine Market Absolute $ Opportunity
Chapter 5 Global Four Stroke Marine Diesel Engine Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Four Stroke Marine Diesel Engine Market Size Forecast by Type
5.2.1 500-3000kW
5.2.2 3000-6000kW
5.2.3 6000-9000kW
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Four Stroke Marine Diesel Engine Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Four Stroke Marine Diesel Engine Market Size Forecast by Applications
6.2.1 Military
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Four Stroke Marine Diesel Engine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Four Stroke Marine Diesel Engine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Four Stroke Marine Diesel Engine Analysis and Forecast
9.1 Introduction
9.2 North America Four Stroke Marine Diesel Engine Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Four Stroke Marine Diesel Engine Market Size Forecast by Type
9.6.1 500-3000kW
9.6.2 3000-6000kW
9.6.3 6000-9000kW
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Four Stroke Marine Diesel Engine Market Size Forecast by Applications
9.10.1 Military
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Four Stroke Marine Diesel Engine Analysis and Forecast
10.1 Introduction
10.2 Europe Four Stroke Marine Diesel Engine Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Four Stroke Marine Diesel Engine Market Size Forecast by Type
10.6.1 500-3000kW
10.6.2 3000-6000kW
10.6.3 6000-9000kW
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Four Stroke Marine Diesel Engine Market Size Forecast by Applications
10.10.1 Military
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Four Stroke Marine Diesel Engine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Four Stroke Marine Diesel Engine Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Four Stroke Marine Diesel Engine Market Size Forecast by Type
11.6.1 500-3000kW
11.6.2 3000-6000kW
11.6.3 6000-9000kW
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Four Stroke Marine Diesel Engine Market Size Forecast by Applications
11.10.1 Military
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Four Stroke Marine Diesel Engine Analysis and Forecast
12.1 Introduction
12.2 Latin America Four Stroke Marine Diesel Engine Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Four Stroke Marine Diesel Engine Market Size Forecast by Type
12.6.1 500-3000kW
12.6.2 3000-6000kW
12.6.3 6000-9000kW
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Four Stroke Marine Diesel Engine Market Size Forecast by Applications
12.10.1 Military
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Four Stroke Marine Diesel Engine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Four Stroke Marine Diesel Engine Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Four Stroke Marine Diesel Engine Market Size Forecast by Type
13.6.1 500-3000kW
13.6.2 3000-6000kW
13.6.3 6000-9000kW
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Four Stroke Marine Diesel Engine Market Size Forecast by Applications
13.10.1 Military
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Four Stroke Marine Diesel Engine Market: Competitive Dashboard
14.2 Global Four Stroke Marine Diesel Engine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kawasaki
14.3.2 Volkswagen Group (MAN Energy Solutions)
14.3.3 Wartsila
14.3.4 Hyundai
14.3.5 MES
14.3.6 Caterpillar
14.3.7 BMW (Rolls-Royce)
14.3.8 DOOSAN
14.3.9 Mhi-mme
14.3.10 WeiCai
14.3.11 Kawasaki
