Global Marine Exhaust Energy Recovery Systems Market is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 1.2 billion by 2030 from USD 0.8 billion in 2018. The market is driven by the increasing demand for energy-efficient ships and stringent environmental regulations across the globe, which are driving the adoption of exhaust energy recovery systems (EERS) on board ships.
The market has been segmented on the basis of type, application and region. On the basis of type, it has been classified into 8000KW, 1500KW and 500KW EERSs; while on application it has been classified into cruise and cargo ship segments; and on region it has been classified into North America, Latin America, Europe, Asia Pacific and Middle East & Africa regions respectively.
Some Of The Growth Factors Of This Market:
- Increasing demand for energy efficient systems in the marine industry.
- Increasing number of vessels being built with exhaust gas recovery systems.
- Growing awareness about the benefits of exhaust gas recovery systems in the marine industry.
- Increasing focus on reducing emissions and improving fuel efficiency.
Industry Growth Insights published a new data on “Marine Exhaust Energy Recovery Systems Market”. The research report is titled “Marine Exhaust Energy Recovery Systems Market research by Types (8000KW, 1500KW, 500KW, Other), By Applications (Cruise, Cargo Ship, Other), By Players/Companies GE(US), MAN Diesel & Turbo, OPRA Turbines BV, PW Power Systems, Rolls Royce(UK), Solar Turbines, Vericor Power Systems, Dresser-Rand, Niigata Power Systems, Zorya, Perm, Pratt & Whitney(US)”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Exhaust Energy Recovery Systems Market Research Report
By Type
8000KW, 1500KW, 500KW, Other
By Application
Cruise, Cargo Ship, Other
By Companies
GE(US), MAN Diesel & Turbo, OPRA Turbines BV, PW Power Systems, Rolls Royce(UK), Solar Turbines, Vericor Power Systems, Dresser-Rand, Niigata Power Systems, Zorya, Perm, Pratt & Whitney(US)
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Marine Exhaust Energy Recovery Systems Market Report Segments:
The global Marine Exhaust Energy Recovery Systems market is segmented on the basis of:
Types
8000KW, 1500KW, 500KW, Other
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
Cruise, Cargo Ship, Other
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:
- GE(US)
- MAN Diesel & Turbo
- OPRA Turbines BV
- PW Power Systems
- Rolls Royce(UK)
- Solar Turbines
- Vericor Power Systems
- Dresser-Rand
- Niigata Power Systems
- Zorya
- Perm
- Pratt & Whitney(US)
Highlights of The Marine Exhaust Energy Recovery Systems 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:
- 8000KW
- 1500KW
- 500KW
- Other
- By Application:
- Cruise
- Cargo Ship
- Other
- 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 Marine Exhaust Energy Recovery Systems 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.
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- Correctly Positioning New 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?
Marine exhaust energy recovery systems (MEERS) are a type of energy recovery system that captures and stores the thermal energy from a ship's engine exhaust. This thermal energy can then be used to generate electricity or heat, which can be used to power the ship's systems.
Some of the key players operating in the marine exhaust energy recovery systems market are GE(US), MAN Diesel & Turbo, OPRA Turbines BV, PW Power Systems, Rolls Royce(UK), Solar Turbines, Vericor Power Systems, Dresser-Rand, Niigata Power Systems, Zorya, Perm, Pratt & Whitney(US).
The marine exhaust energy recovery systems market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Marine Exhaust Energy Recovery Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Marine Exhaust Energy Recovery Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Marine Exhaust Energy Recovery Systems Market - Supply Chain
4.5. Global Marine Exhaust Energy Recovery Systems Market Forecast
4.5.1. Marine Exhaust Energy Recovery Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Marine Exhaust Energy Recovery Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Marine Exhaust Energy Recovery Systems Market Absolute $ Opportunity
5. Global Marine Exhaust Energy Recovery Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Marine Exhaust Energy Recovery Systems Market Size and Volume Forecast by Type
5.3.1. 8000KW
5.3.2. 1500KW
5.3.3. 500KW
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Marine Exhaust Energy Recovery Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Marine Exhaust Energy Recovery Systems Market Size and Volume Forecast by Application
6.3.1. Cruise
6.3.2. Cargo Ship
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Marine Exhaust Energy Recovery Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Marine Exhaust Energy Recovery Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Marine Exhaust Energy Recovery Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Marine Exhaust Energy Recovery Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Marine Exhaust Energy Recovery Systems Demand Share Forecast, 2019-2026
9. North America Marine Exhaust Energy Recovery Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Marine Exhaust Energy Recovery Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Marine Exhaust Energy Recovery Systems Market Size and Volume Forecast by Application
9.4.1. Cruise
9.4.2. Cargo Ship
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Marine Exhaust Energy Recovery Systems Market Size and Volume Forecast by Type
9.7.1. 8000KW
9.7.2. 1500KW
9.7.3. 500KW
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Marine Exhaust Energy Recovery Systems Demand Share Forecast, 2019-2026
10. Latin America Marine Exhaust Energy Recovery Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Marine Exhaust Energy Recovery Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Marine Exhaust Energy Recovery Systems Market Size and Volume Forecast by Application
10.4.1. Cruise
10.4.2. Cargo Ship
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Marine Exhaust Energy Recovery Systems Market Size and Volume Forecast by Type
10.7.1. 8000KW
10.7.2. 1500KW
10.7.3. 500KW
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Marine Exhaust Energy Recovery Systems Demand Share Forecast, 2019-2026
11. Europe Marine Exhaust Energy Recovery Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Marine Exhaust Energy Recovery Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Marine Exhaust Energy Recovery Systems Market Size and Volume Forecast by Application
11.4.1. Cruise
11.4.2. Cargo Ship
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Marine Exhaust Energy Recovery Systems Market Size and Volume Forecast by Type
11.7.1. 8000KW
11.7.2. 1500KW
11.7.3. 500KW
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Marine Exhaust Energy Recovery Systems Demand Share, 2019-2026
12. Asia Pacific Marine Exhaust Energy Recovery Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Marine Exhaust Energy Recovery Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Marine Exhaust Energy Recovery Systems Market Size and Volume Forecast by Application
12.4.1. Cruise
12.4.2. Cargo Ship
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Marine Exhaust Energy Recovery Systems Market Size and Volume Forecast by Type
12.7.1. 8000KW
12.7.2. 1500KW
12.7.3. 500KW
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Marine Exhaust Energy Recovery Systems Demand Share, 2019-2026
13. Middle East & Africa Marine Exhaust Energy Recovery Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Marine Exhaust Energy Recovery Systems Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Marine Exhaust Energy Recovery Systems Market Size and Volume Forecast by Application
13.4.1. Cruise
13.4.2. Cargo Ship
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Marine Exhaust Energy Recovery Systems Market Size and Volume Forecast by Type
13.7.1. 8000KW
13.7.2. 1500KW
13.7.3. 500KW
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Marine Exhaust Energy Recovery Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Marine Exhaust Energy Recovery Systems Market: Market Share Analysis
14.2. Marine Exhaust Energy Recovery Systems Distributors and Customers
14.3. Marine Exhaust Energy Recovery Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE(US)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. MAN Diesel & Turbo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. OPRA Turbines BV
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. PW Power Systems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Rolls Royce(UK)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Solar Turbines
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Vericor Power Systems
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Dresser-Rand
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Niigata Power Systems
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zorya
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Perm
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Pratt & Whitney(US)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
