insightSLICE recently published a market research report on Marine Engines which is based on intensive research methodologies and studies examining market status post corona virus outbreak. 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. 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 global marine engines market.
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Competitive Landscape
Some of the major players in the Marine Engines market are GM Powertrain, Caterpillar, Inc., Cummins Engines, Wartsila Corporation, Yamaha, Rolls Royce, Sinopec, Volvo Penta, Shell, Idemitsu, Hydrosta BV, Hydraulic Marine Systems, Exxon Mobil Corporation and Cummins among others.
Players in the Marine Engines market are mainly concentrating on new product launches, acquisition, and collaboration to meet the growing demand for various end-use industries. New product launches help companies to strengthen their product portfolio and meet the specific demands of customers.
The report discusses key information about major growth drivers, restraints, opportunities, and trends observed in the global Marine Engines market. Factors such as market projections, the supply-demand ratio, market size, market attractiveness, technological advances, and key segments have been studied in detail. The Marine Engines market shares, product portfolios, and business strategies of the major market players have been revealed, along with authentic statistical data, figures, charts, and tables.
Segmentation Overview:
By Fuel: marine diesel oil, marine gas oil, heavy fuel oil, intermediate fuel oil and others
By Power: Up to 1,000 HP, 1,001 HP to 5,000 HP, 5,001 HP to 10,000 HP, 10,001 HP to 20,000 HP and above 20,000 HP.
By Application: commercial vessels, offshore support vessels and other vessels
Users can Expect Following From this Report:
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Why you should buy this report
The Marine Engines Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the market.
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insightSLICE is a market intelligence and strategy consulting company. The company provides tailor-made and off the shelf market research studies. The prime focus of the company is on strategy consulting to provide end-to-end solutions.
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