Global Marine Auxiliary Engine Market Forecast to Grow at CAGR of 2.96% Between 2017-2021, Energy Demand Fueling Growth of FPSO Vessels

The Report Global Marine Auxiliary Engine Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. -


Albany, NY -- (SBWIRE) -- 02/14/2017 -- 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.

Technavios analysts forecast the global marine auxiliary engine market to grow at a CAGR of 2.96% during the period 2017-2021.

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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:

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
Doosan Infracore

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Other prominent vendors
Volvo Penta
Megatech Power
John Deere
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?

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
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

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