About Marine Auxiliary Engine
Marine auxiliary engines are used for generating electricity to power electronic devices and equipment on board marine vessels, whereas the main diesel engine is used for propulsion of the ship. Initially, steam turbines were used for marine propulsion, later they were replaced by diesel, Liquefied Natural Gas (LNG), nuclear, and other fuels.
Technavio’s analysts forecast the global marine auxiliary engine market to grow at a CAGR of 2.96% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global marine auxiliary engine market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of marine auxiliary engines.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Marine Auxiliary Engine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Caterpillar
• Cummins
• Doosan Infracore
• Wärtsilä
• Yanmar
Other prominent vendors
• Volvo Penta
• Daihatsu
• SCANIA
• Megatech Power
• John Deere
• Kubota
• GE
• MTU
• Perkins
• Mitsubishi Heavy Industries
Market driver
• Energy demand fueling growth of FPSO vessels
• For a full, detailed list, view our report
Market challenge
• Stringent emission regulations
• For a full, detailed list, view our report
Market trend
• Emergence of turbochargers in marine auxiliary engines
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
• Market overview
• Market size
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by end-user
• Market overview
• Commercial ships
• Leisure ships
PART 07: Geographical segmentation
• Market overview
• APAC
• Americas
• EMEA
PART 08: Market drivers
• Increase in seaborne trade
• Energy demand fueling growth of FPSO vessels
• Growth in LNG carriers driving demand for dual-fuel auxiliary engine
PART 09: Impact of drivers
PART 10: Market challenges
• Stringent emission regulations
• Threat from shaft generators
• Slowdown in Chinese economy
PART 11: Impact of drivers and challenges
PART 12: Market trends
• Emergence of turbochargers in marine auxiliary engines
• Waste heat recovery system in vessels
• Replacement of old ships
PART 13: Vendor landscape
• Competitive landscape
• Other prominent vendors
PART 14: Key vendor analysis
• Caterpillar
• Cummins
• Doosan Infracore
• Wärtsilä
• Yanmar
PART 15: Appendix
• List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Market size estimation
Exhibit 02: Global marine auxiliary engine market by end-user
Exhibit 03: Key countries in each region
Exhibit 04: Product offerings
Exhibit 05: Global marine auxiliary engine market by end-user
Exhibit 06: Global marine auxiliary engine market value 2016-2021
Exhibit 07: Global marine auxiliary engine market by geography
Exhibit 08: Global marine auxiliary engine market value 2016-2021
Exhibit 09: Overview of global marine auxiliary engine market
Exhibit 10: Expected growth factors for new shipbuilding orders
Exhibit 11: Global marine auxiliary engine market 2016-2021 ($ billions)
Exhibit 12: Five forces analysis
Exhibit 13: Global marine auxiliary engine market by end-user 2016 and 2021
Exhibit 14: Global marine auxiliary engine market by commercial ships 2016-2021 ($ billions)
Exhibit 15: Global marine auxiliary engine market by leisure ships 2016-2021 ($ billions)
Exhibit 16: Global marine auxiliary engine market by region 2016 and 2021
Exhibit 17: Marine auxiliary engine market in APAC 2016-2021 ($ billions)
Exhibit 18: Marine auxiliary engine market in Americas 2016-2021 ($ billions)
Exhibit 19: Marine auxiliary engine market in EMEA 2016-2021 ($ billions)
Exhibit 20: Increase in global seaborne trade GDP 2011-2015
Exhibit 21: Benefits of seaborne trade
Exhibit 22: LNG trade volumes 2010-2014
Exhibit 23: Impact of drivers
Exhibit 24: Decline in China's GDP 2011-2016 (%)
Exhibit 25: Impact of drivers and challenges
Exhibit 26: Benefits of turbocharger
Exhibit 27: Growth in scrapping of old ships 2016-2021 (in GT)
Exhibit 28: Doosan Infracore: Product offerings
Exhibit 29: Yanmar: Product offerings
