Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Powerships Market by Type (Oil-fired Powership, Gas-fired Powership), By Application (Civil, Military) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Powerships Market by Type (Oil-fired Powership, Gas-fired Powership), By Application (Civil, Military) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 155272 3300 Machinery & Equipment 377 235 Pages 4.8 (45)

Market Overview:

The global powerships market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for power across the globe and rising concerns over climate change. The oil-fired powership segment is expected to dominate the global powerships market during the forecast period, owing to its high efficiency and low emissions. The gas-fired powership segment is projected to grow at a higher CAGR than other segments during the forecast period, as it emits less carbon dioxide (CO2) and other pollutants than traditional fuel sources such as coal or oil.

Global Powerships Industry Outlook

Product Definition:

A Powership is a large, specially designed vessel that is used to generate and supply power to a city or other large area. These ships are often powered by nuclear reactors and can provide electricity, heating, and cooling to an area of up to 100 square miles. They are an important part of the infrastructure for many cities and are necessary for providing power during times of emergency or crisis.

Oil-fired Powership:

Oil-fired powership is a marine propulsion system that uses oil as fuel to generate electricity. It has the advantage of being able to operate at a much higher temperature than coal or gas-fired systems, and can therefore be used in applications where other fuels would be dangerous or impossible to use.

The U.S., China, Japan, South Korea and Taiwan are the leading markets for OHP owing to large number of ships using this propulsion technology in these countries.

Gas-fired Powership:

The gas-fired powership is a marine propulsion engine that uses the combustion of gases obtained from ships' tanks for producing mechanical energy. The mechanical energy produced can be used in various ways depending on the type of powership.

There are two types of gas fired powerhouses, namely fixed and portable. Fixed ones are installed on a ship's hull whereas portable ones can be moved from one place to another according to necessity.

Application Insights:

The military application segment dominated the global powerships market in 2017. The growth of this segment can be attributed to increasing defense budget across countries, including U.S., China and Russia, for developing advanced weapons systems. For instance, in 2018, Russia announced its plan to invest over USD 1 trillion from 2020 to 2035 on modernizing its armed forces. This is expected to drive demand for powerships over the forecast period as these types of machines are widely used by the military due to their enhanced fuel efficiency and reduced emissions when compared with aircraft or helicopters that use similar platforms for transportation purposes.

Civil applications include government agencies such as city halls and counties offices; utility companies; healthcare facilities; educational institutions including schools, colleges.

Regional Analysis:

Europe was the largest regional market in 2017 owing to increasing military spending by countries such as Russia and France. The region is expected to dominate the global powerships industry over the forecast period. Asia Pacific is projected to be one of the fastest-growing regions during the same period owing to rising demand from developing nations such as India, China, and Japan. Moreover, rapid growth in tourism activities has led authorities in these countries to construct luxury resorts with marine facilities for attracting more tourists thereby driving up power ship adoption rates across this region.

North America accounted for a significant share of global revenue due towards growing adoption by U.S.-based oil & gas companies for exploration and production (E&P) activities including offshore projects along with onshore shale plays within North America especially in Texas & Louisiana states of U.S., which are among world’s major crude oil producers (Ongoing Oil & Gas Operations).

Growth Factors:

  • Increasing demand for energy due to population growth and industrialization in developing countries.
  • Rising concerns over environmental pollution and climate change, which is driving the development of cleaner and more sustainable energy sources such as Powerships.
  • The increasing cost of traditional fuels such as oil, gas, and coal, which is making Powerships a more affordable alternative.
  • The growing popularity of electric vehicles, which are helping to create a larger market for Powerships-powered charging stations.
  • Advances in battery technology that are making Powerships increasingly efficient and cost-effective

Scope Of The Report

Report Attributes

Report Details

Report Title

Powerships Market Research Report

By Type

Oil-fired Powership, Gas-fired Powership

By Application

Civil, Military

By Companies

ABB, GAS Entec, General Electric, Karpower International, Mitsui O.S.K Lines, Becker Marine Systems

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Powerships Market Report Segments:

The global Powerships market is segmented on the basis of:


Oil-fired Powership, Gas-fired Powership

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.


Civil, Military

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:

  1. ABB
  2. GAS Entec
  3. General Electric
  4. Karpower International
  5. Mitsui O.S.K Lines
  6. Becker Marine Systems

Global Powerships Market Overview

Highlights of The Powerships Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Oil-fired Powership
    2. Gas-fired Powership
  1. By Application:

    1. Civil
    2. Military
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Powerships 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

Global Powerships Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Powerships are large, powered vessels that were used in space exploration and warfare. They typically featured a large engine or engines, as well as weapons systems. Powerships were often used by militaries and governments to explore new territories or fight wars.

Some of the major companies in the powerships market are ABB, GAS Entec, General Electric, Karpower International, Mitsui O.S.K Lines, Becker Marine Systems.

The powerships market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Powerships 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. Powerships Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Powerships Market - Supply Chain
   4.5. Global Powerships Market Forecast
      4.5.1. Powerships Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Powerships Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Powerships Market Absolute $ Opportunity

5. Global Powerships 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. Powerships Market Size and Volume Forecast by Type
      5.3.1. Oil-fired Powership
      5.3.2. Gas-fired Powership
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Powerships 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. Powerships Market Size and Volume Forecast by Application
      6.3.1. Civil
      6.3.2. Military
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Powerships 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. Powerships 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 Powerships 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. Powerships 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 Powerships Demand Share Forecast, 2019-2026

9. North America Powerships 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 Powerships 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 Powerships Market Size and Volume Forecast by Application
      9.4.1. Civil
      9.4.2. Military
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Powerships Market Size and Volume Forecast by Type
      9.7.1. Oil-fired Powership
      9.7.2. Gas-fired Powership
   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 Powerships Demand Share Forecast, 2019-2026

10. Latin America Powerships 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 Powerships 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 Powerships Market Size and Volume Forecast by Application
      10.4.1. Civil
      10.4.2. Military
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Powerships Market Size and Volume Forecast by Type
      10.7.1. Oil-fired Powership
      10.7.2. Gas-fired Powership
   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 Powerships Demand Share Forecast, 2019-2026

11. Europe Powerships 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 Powerships 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 Powerships Market Size and Volume Forecast by Application
      11.4.1. Civil
      11.4.2. Military
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Powerships Market Size and Volume Forecast by Type
      11.7.1. Oil-fired Powership
      11.7.2. Gas-fired Powership
   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 Powerships Demand Share, 2019-2026

12. Asia Pacific Powerships 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 Powerships 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 Powerships Market Size and Volume Forecast by Application
      12.4.1. Civil
      12.4.2. Military
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Powerships Market Size and Volume Forecast by Type
      12.7.1. Oil-fired Powership
      12.7.2. Gas-fired Powership
   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 Powerships Demand Share, 2019-2026

13. Middle East & Africa Powerships 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 Powerships 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 Powerships Market Size and Volume Forecast by Application
      13.4.1. Civil
      13.4.2. Military
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Powerships Market Size and Volume Forecast by Type
      13.7.1. Oil-fired Powership
      13.7.2. Gas-fired Powership
   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 Powerships Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Powerships Market: Market Share Analysis
   14.2. Powerships Distributors and Customers
   14.3. Powerships Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. ABB Overview Financials Developments Strategic Outlook
      14.4.2. GAS Entec Overview Financials Developments Strategic Outlook
      14.4.3. General Electric Overview Financials Developments Strategic Outlook
      14.4.4. Karpower International Overview Financials Developments Strategic Outlook
      14.4.5. Mitsui O.S.K Lines Overview Financials Developments Strategic Outlook
      14.4.6. Becker Marine Systems Overview Financials Developments Strategic Outlook
      14.4.7. COMPANY7 Overview Financials Developments Strategic Outlook
      14.4.8. COMPANY8 Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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