Tag Archives: marine engines industry

Russia and Germany to Boost Europe Marine Engines Market to $ 5 Billion by 2023

According to a recently published TechSci Research report Europe Marine Engines Market Research Report By Type, By Application, By Engine Power Rating, By Country, Competition Forecast & Opportunities, 2013 – 2023’’, Europe marine engines market is forecast to surpass $ 5 billion by 2023. Growth in the market can be attributed to high demand for marine engines in the region’s major economies like Russia and Germany, which have huge and growing commercial shipping industries. Moreover, investments in optimized vessel efficiency and emergence of new technologies in marine engines is further expected to push demand for marine engines across Europe in the coming years. Additionally, rising demand for ships and tankers across various countries of the region along with use of waterways for freight transportation would further steer growth in Europe marine engines market over the next five years.

Asia Pacific Marine Engines Market to Cross $ 4.8 Billion by 2023: Size, Share and Forecast Report by TechSci Research LLC

According to a recently published TechSci Research report Asia Pacific Marine Engines Market Research Report By Type, By Application, By Engine Power Rating, By Country, Competition Forecast & Opportunities, 2023’’, Asia-Pacific marine engines market is forecast to surpass $ 4.8 billion by 2023. The anticipated market growth is led by rising demand from the governments of the various countries in the region for ships and tankers to be used in oil & gas industry, strong standing naval forces of the countries, and rising use of waterways for freight transportation. Moreover, growing demand for cruisers and boats for recreational purposes across different countries of the region is likely to positively influence Asia Pacific marine engines market during the forecast period.

2025 Vision for Marine Engines Market

Marine engines are mechanical engines which helps in the supply of power to various types of auxiliary equipment, vessels, propulsion systems, generators and central systems to maritime undertakings and vehicles. Various types of marine engines are widely available in the market which helps in serving several distinct purposes of various marine systems and vehicles. Marine engines can be categorized depending upon different criteria such as the propulsion system type in utilization, fuel involved to power the engine, power range of the engine and other major applications. The employment of renewable sources of energy including wind and solar energy to fulfill the auxiliary requirements of power is anticipated to increase over the coming years, thus in turn bolstering the growth of the ****** marine engines market. Increasing demand for effective as well as operationally reliable ships is projected to lead to modernization over the foreseeable years. Moreover, increasing emphasis on rising diesel engine capacity to drive advanced and new generation tanks with huge cargo holding capacities is further anticipated to propel the growth of the ****** marine engines market.

2025 Vision for Marine Engines Market

Xpodence Research has announced the addition of the “****** Marine Engines Industry 2018 to 2025 Market Research Report: Market Size, and Forecasts” report to their offering.

****** Marine Engines Industry Forecast to 2025 with Top Key Manufacturers

Marine engines are mechanical engines which helps in the supply of power to various types of auxiliary equipment, vessels, propulsion systems, generators and central systems to maritime undertakings and vehicles. Various types of marine engines are widely available in the market which helps in serving several distinct purposes of various marine systems and vehicles. Marine engines can be categorized depending upon different criteria such as the propulsion system type in utilization, fuel involved to power the engine, power range of the engine and other major applications. The employment of renewable sources of energy including wind and solar energy to fulfill the auxiliary requirements of power is anticipated to increase over the coming years, thus in turn bolstering the growth of the ****** marine engines market.

Marine Engines Market : A Window To The Future

Marine engines are mechanical engines which helps in the supply of power to various types of auxiliary equipment, vessels, propulsion systems, generators and central systems to maritime undertakings and vehicles. Various types of marine engines are widely available in the market which helps in serving several distinct purposes of various marine systems and vehicles. Marine engines can be categorized depending upon different criteria such as the propulsion system type in utilization, fuel involved to power the engine, power range of the engine and other major applications.

 Market Scenario:

Research report explores the 2018-2025 ****** Marine Engines Market

 Xpodence research updated data for competitive structure of the ****** Marine Engines Industry to devise effective growth strategies and facilitate better decision-making.