Market Overview:
The global military marine engines market is estimated to be valued at US$ XX million in 2018 and is projected to reach US$ XX million by 2030, registering a CAGR of X.X% during the forecast period. The growth in the market can be attributed to the increasing demand for warships and submarines across the globe. The gas fuelled engines segment is expected to account for a major share of the global military marine engines market during the forecast period. This can be attributed to their high efficiency and low emissions as compared with other engine types.
Product Definition:
Military Marine Engines are a type of marine engine specifically designed for military applications. They are typically more rugged and durable than civilian engines, and can handle a wider range of operating conditions. Military marine engines are used in a variety of applications, including naval vessels, coast guard ships, and amphibious vehicles.
Gas Fuelled Engines:
Gas fuelled engines are marine engines that run on gas instead of conventional fuels such as diesel oil or petrol. These types of engine have a significant growth factor in the military marine industry owing to their ability to provide more power for longer periods with less frequent maintenance intervals and lower fuel consumption.
Diesel Fuelled Engines:
Diesel Fuelled engines are internal combustion engines that get their power from diesel fuel. They are primarily used in military marine engines, outboard motors and stationary diesel generators. The first commercially successful diesel-fuelled engine was built in 1892 by Auguste Ratel, a French automobile designer and engineer who worked for Renault from 1888 to 1895.
Application Insights:
The large patrol vessels application segment accounted for the largest share of over 30.0% in 2017. The demand is expected to be driven by the deployment of these vessels for patrolling and other law enforcement operations at sea, thus providing an impetus to overall industry growth over the forecast period.
The cruiser type is expected to witness a CAGR of XX% from 2018 to 2030 owing to their primary role as fleet escorts and surface warfare ships that are equipped with advanced weapons systems including anti-aircraft guns and missiles among others. These types are also used as flagships for naval task forces hence providing an impetus towards global military marine engines market growth during this period.
Regional Analysis:
The Asia Pacific military marine engines market is expected to grow at the highest CAGR of XX% over the forecast period. The growth can be attributed to increasing maritime security challenges in South China Sea and Indian Ocean regions, respectively. Furthermore, rising tensions between India and Pakistan along their disputed Kashmir border are likely to boost demand for naval vessels in this region, thereby driving the global military marine engines market growth over the forecast period.
Europe accounted for a significant share of global revenue in 2017 owing to stringent regulations by IMO concerning green ships certification as well as eco-friendly practices followed by ship owners pertaining to fuel consumption and emission levels of exhaust gases from diesel engine propelled vessels operating within Europe waters (0-5 nautical miles). Moreover European Union Naval Force Operations Centre has also planned extensive procurement activities with an investment injection worth USD X billion from 2021 till 2027 which is anticipated would propel regional product demand further during the projected time frame.
Growth Factors:
- Increasing demand for marine engines from the military sector owing to the increasing need for advanced technology and equipment for naval operations.
- Growing investments by governments in defense sectors, which is expected to lead to an increase in procurement of marine engines by militaries across the globe.
- Proliferation of maritime terrorism and piracy incidents, which has led to an increase in demand for advanced naval vessels and equipment, thereby fueling growth of the military marine engine market.
- Development of new-generation combat ships and submarines that require high-performance marine engines for propulsion purposes, is anticipated to boost market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Military Marine Engines Market Research Report
By Type
Gas Fuelled Engines, Diesel Fuelled Engines, Steam Turbine Engines, Other
By Application
Cruisers, Frigates, Destroyers, Large Patrol Vessels, Other
By Companies
Caterpillar Inc, MAN Diesel & Turbo Se, Mitsubishi Heavy Industries, Volvo Group, Rolls Royce, Scania AB, Cummins Inc, Daihatsu Diesel MFG, Brunswick Corporation
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 Military Marine Engines Market Report Segments:
The global Military Marine Engines market is segmented on the basis of:
Types
Gas Fuelled Engines, Diesel Fuelled Engines, Steam Turbine Engines, 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
Cruisers, Frigates, Destroyers, Large Patrol Vessels, 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:
- Caterpillar Inc
- MAN Diesel & Turbo Se
- Mitsubishi Heavy Industries
- Volvo Group
- Rolls Royce
- Scania AB
- Cummins Inc
- Daihatsu Diesel MFG
- Brunswick Corporation
Highlights of The Military Marine Engines 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:
- Gas Fuelled Engines
- Diesel Fuelled Engines
- Steam Turbine Engines
- Other
- By Application:
- Cruisers
- Frigates
- Destroyers
- Large Patrol Vessels
- 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 Military Marine Engines 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:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Military Marine Engines are engines that are specifically designed for use in marine applications. These engines can be found in a variety of different types, including gasoline, diesel, and hybrid models. They are typically used to power boats and other water-based vehicles, making them an important part of the military's arsenal.
Some of the key players operating in the military marine engines market are Caterpillar Inc, MAN Diesel & Turbo Se, Mitsubishi Heavy Industries, Volvo Group, Rolls Royce, Scania AB, Cummins Inc, Daihatsu Diesel MFG, Brunswick Corporation.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Military Marine Engines 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. Military Marine Engines Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Military Marine Engines Market - Supply Chain
4.5. Global Military Marine Engines Market Forecast
4.5.1. Military Marine Engines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Military Marine Engines Market Size (000 Units) and Y-o-Y Growth
4.5.3. Military Marine Engines Market Absolute $ Opportunity
5. Global Military Marine Engines 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. Military Marine Engines Market Size and Volume Forecast by Type
5.3.1. Gas Fuelled Engines
5.3.2. Diesel Fuelled Engines
5.3.3. Steam Turbine Engines
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Military Marine Engines 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. Military Marine Engines Market Size and Volume Forecast by Application
6.3.1. Cruisers
6.3.2. Frigates
6.3.3. Destroyers
6.3.4. Large Patrol Vessels
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Military Marine Engines 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. Military Marine Engines 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 Military Marine Engines 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. Military Marine Engines 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 Military Marine Engines Demand Share Forecast, 2019-2026
9. North America Military Marine Engines 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 Military Marine Engines 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 Military Marine Engines Market Size and Volume Forecast by Application
9.4.1. Cruisers
9.4.2. Frigates
9.4.3. Destroyers
9.4.4. Large Patrol Vessels
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Military Marine Engines Market Size and Volume Forecast by Type
9.7.1. Gas Fuelled Engines
9.7.2. Diesel Fuelled Engines
9.7.3. Steam Turbine Engines
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 Military Marine Engines Demand Share Forecast, 2019-2026
10. Latin America Military Marine Engines 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 Military Marine Engines 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 Military Marine Engines Market Size and Volume Forecast by Application
10.4.1. Cruisers
10.4.2. Frigates
10.4.3. Destroyers
10.4.4. Large Patrol Vessels
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Military Marine Engines Market Size and Volume Forecast by Type
10.7.1. Gas Fuelled Engines
10.7.2. Diesel Fuelled Engines
10.7.3. Steam Turbine Engines
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 Military Marine Engines Demand Share Forecast, 2019-2026
11. Europe Military Marine Engines 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 Military Marine Engines 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 Military Marine Engines Market Size and Volume Forecast by Application
11.4.1. Cruisers
11.4.2. Frigates
11.4.3. Destroyers
11.4.4. Large Patrol Vessels
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Military Marine Engines Market Size and Volume Forecast by Type
11.7.1. Gas Fuelled Engines
11.7.2. Diesel Fuelled Engines
11.7.3. Steam Turbine Engines
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 Military Marine Engines Demand Share, 2019-2026
12. Asia Pacific Military Marine Engines 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 Military Marine Engines 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 Military Marine Engines Market Size and Volume Forecast by Application
12.4.1. Cruisers
12.4.2. Frigates
12.4.3. Destroyers
12.4.4. Large Patrol Vessels
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Military Marine Engines Market Size and Volume Forecast by Type
12.7.1. Gas Fuelled Engines
12.7.2. Diesel Fuelled Engines
12.7.3. Steam Turbine Engines
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 Military Marine Engines Demand Share, 2019-2026
13. Middle East & Africa Military Marine Engines 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 Military Marine Engines 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 Military Marine Engines Market Size and Volume Forecast by Application
13.4.1. Cruisers
13.4.2. Frigates
13.4.3. Destroyers
13.4.4. Large Patrol Vessels
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Military Marine Engines Market Size and Volume Forecast by Type
13.7.1. Gas Fuelled Engines
13.7.2. Diesel Fuelled Engines
13.7.3. Steam Turbine Engines
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 Military Marine Engines Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Military Marine Engines Market: Market Share Analysis
14.2. Military Marine Engines Distributors and Customers
14.3. Military Marine Engines Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Caterpillar Inc
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 Se
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mitsubishi Heavy Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Volvo Group
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
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Scania AB
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cummins Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Daihatsu Diesel MFG
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Brunswick Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
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
