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Global Hybrid Electric Marine Propulsion Engine Market Will Hit At CAGR Of 7.25% During Years 2017-2021

Press release   •   Jul 05, 2017 03:18 EDT

About Hybrid Electric Marine Propulsion Engine Market

A diesel-electric propulsion system with the provision for additional storage of electrical devices and enhanced controls is known as a hybrid electric propulsion system. The key components of a hybrid electric system include: Electric motor, Generator, Electrical storage devices, Charging system for these electrical devices, and Control system. Other components include an engine that is either fueled by diesel or gasoline. At present, a more environment-friendly and cleaner fuel, liquefied natural gas (LNG), is being increasingly used by commercial vessels.

Technavios analysts forecast the global hybrid electric marine propulsion engine market to grow at a CAGR of 7.25% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global hybrid electric marine propulsion engine market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

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Technavio's report, Global Hybrid Electric Marine Propulsion 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

MAN Diesel & Turbo

Mitsubishi Heavy Industries

Rolls-Royce

Wrtsil

Other prominent vendors

Cummins

Hybrid Marine

STEYR MOTORS

Elco Motor Yachts

Oceanvolt

Beta Marine

Leonardo DRS

GE

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Market driver

Surge in commercial shipping

For a full, detailed list, view our report

Market challenge

Collapsing Greek shipbuilding industry

For a full, detailed list, view our report

Market trend

Emergence of dual-fuel 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?

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Table of Contents 


PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market size and forecast
Brief overview of the global marine propulsion engine market
Five forces analysis
PART 06: Market segmentation by end-user
Market overview
Commercial ships
Leisure ships
PART 07: Geographical segmentation
Market overview
APAC
EMEA
Americas
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Gradual adoption of LNG over conventional marine fuel
Emergence of dual-fuel engines
PART 11: Vendor landscape
Competitive landscape
Other prominent vendors
PART 12: Key vendor analysis
Caterpillar
MAN Diesel & Turbo
Mitsubishi Heavy Industries
Rolls-Royce
Wrtsil

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