Hybrid And Full Electric Marine Propulsion Market Size, Report, 2025

Global Hybrid And Full Electric Marine Propulsion Market Report By Propulsion Type (Full Electric Vessel And Hybrid Vessel), Vessel (Tugboats & OSVs, Ferries, Defense Vessels, Yachts, Cruise Ships And Others), Power Rating (Up To 1 MW, 1.1-2 MW, 2.1-3.5 M, And Above 3.5 MW), RPM (0-1000 RPM, 1001-2500 RPM, And Above 2500 RPM) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026

ID:VMR11211168

January 2020

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Description
Table Of Content

The global demand for Hybrid And Full Electric Marine Propulsion Market is presumed to reach the valuation of nearly USD XX.X MN by 2026 from USD XX.X MN in 2019 with a CAGR of X.XX% under the study period of 2020- 2026. Whereas with regards to volume, the market was calculated XXX Units in 2019 and foreseen to touch XXX Units by 2026 with a CAGR of X.X% during 2020-2026.

The marine propulsion is the mechanism or system, which is used to generate thrust with the help of propeller shaft for the movement of ship or boat across water. The setup of the marine propulsion system depends on the vessel size, trade or type of operation. In hybrid marine propulsion, battery, as well as alternate fuel such as diesel and LNG, are utilized during propulsion of the vessel. In full electric marine propulsion, 100% propulsion is made through the usage of rechargeable battery packs.

Market Dynamics

The increasing number of marine ships for operational purpose inside and outside a country is boosting the demand for fuel-efficient marine propulsion systems. Increasing usage of ferries for transportation purposes in coastal waterways is fuelling the market growth. Increasing investment for the development of fuel-efficient marine propulsion systems owing to the implementation of strict regulations around the emission control areas (ECA) across the globe is further fuelling the demand in the market. However, strict rules and regulations and volatility in crude oil are likely to hamper the market growth. Whereas, numerous attractive technologically advanced models are expected to be introduced across the globe, which is expected to create potential opportunity over the forecast period.

The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.

Additionally, these tools also give inclusive assessment of each application/product segment in the global market of hybrid and full electric marine propulsion.

Market Segmentation

The entire hybrid and full electric marine propulsion market has been sub-categorized into propulsion type, vessel, power rating, and RPM. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.

By Propulsion Type

Full Electric Vessel
Hybrid Vessel

By Vessel

By Power Rating

Up to 1 MW
1.1-2 MW
2.1-3.5 MW
Above 3.5 MW

By RPM

0-1000 RPM
1001-2500 RPM
Above 2500 RPM

Regional Analysis

This section covers regional segmentation which accentuates on current and future demand for hybrid and full electric marine propulsion market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.

Europe Hybrid And Full Electric Marine Propulsion Market By Revenue (USD MN)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the hybrid and full electric marine propulsion market include AB Volvo Penta, BAE Systems, Caterpillar Inc., Cummins Inc., Fairbanks Morse Engine, GE, MAN Diesel & Turbo SE, Masson-Marine S.A.S, Niigata Power Systems Co., Ltd., Rolls Royce Plc., STEYR MOTORS GmbH, Torqeedo GmbH, and Wärtsilä Corporation. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

METHODOLOGY:

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY
       2.1. Highlights of Hybrid And Full Electric Marine Propulsion Market
       2.2. Global Hybrid And Full Electric Marine Propulsion Market Snapshot

3 . HYBRID AND FULL ELECTRIC MARINE PROPULSION – INDUSTRY ANALYSIS
       3.1. Introduction
       3.2. Market Drivers of Hybrid And Full Electric Marine Propulsion Market
       3.3. Market Restraints of Hybrid And Full Electric Marine Propulsion Market
       3.4. Opportunities of Hybrid And Full Electric Marine Propulsion Market
       3.5. Trends of Hybrid And Full Electric Marine Propulsion Market
       3.6. Porter’s Five Force Analysis of Hybrid And Full Electric Marine Propulsion Market
       3.7. Hybrid And Full Electric Marine Propulsion Market Attractiveness Analysis
           3.7.1 Market Attractive Analysis by Propulsion Type
           3.7.2 Market Attractive Analysis by Vessel
           3.7.3 Market Attractive Analysis by Power Rating
           3.7.4 Market Attractive Analysis by RPM
           3.7.5 Market Attractive Analysis by Region

4 . VALUE CHAIN ANALYSIS
       4.1. Hybrid And Full Electric Marine Propulsion Value Chain Analysis
       4.2. Hybrid And Full Electric Marine Propulsion Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Hybrid And Full Electric Marine Propulsion Raw Material Manufactures List
           4.2.3. Price Trend of Hybrid And Full Electric Marine Propulsion Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend

5 . GLOBAL HYBRID AND FULL ELECTRIC MARINE PROPULSION MARKET ANALYSIS BY PROPULSION TYPE
       5.1 Overview by Propulsion Type
       5.2 Global Hybrid And Full Electric Marine Propulsion Market Analysis by Propulsion Type
       5.3 Market Analysis of Full Electric Vessel by Regions
       5.4 Market Analysis of Hybrid Vessel by Regions

6 . GLOBAL HYBRID AND FULL ELECTRIC MARINE PROPULSION MARKET ANALYSIS BY VESSEL
       6.1 Overview by Vessel
       6.2 Global Hybrid And Full Electric Marine Propulsion Market Analysis by Vessel
       6.3 Market Analysis of Tugboats & OSVs by Regions
       6.4 Market Analysis of Ferries by Regions
       6.5 Market Analysis of Defense Vessels by Regions
       6.6 Market Analysis of Yachts by Regions
       6.7 Market Analysis of Cruise Ships by Regions
       6.8 Market Analysis of Others by Regions

7 . GLOBAL HYBRID AND FULL ELECTRIC MARINE PROPULSION MARKET ANALYSIS BY POWER RATING
       7.1 Overview by Power Rating
       7.2 Global Hybrid And Full Electric Marine Propulsion Market Analysis by Power Rating
       7.3 Market Analysis of Up to 1 MW by Regions
       7.4 Market Analysis of 1.1-2 MW by Regions
       7.5 Market Analysis of 2.1-3.5 MW by Regions
       7.6 Market Analysis of Above 3.5 MW by Regions

8 . GLOBAL HYBRID AND FULL ELECTRIC MARINE PROPULSION MARKET ANALYSIS BY RPM
       8.1 Overview by RPM
       8.2 Global Hybrid And Full Electric Marine Propulsion Market Analysis by RPM
       8.3 Market Analysis of 0-1000 RPM by Regions
       8.4 Market Analysis of 1001-2500 RPM by Regions
       8.5 Market Analysis of Above 2500 RPM by Regions

9 . GLOBAL HYBRID AND FULL ELECTRIC MARINE PROPULSION MARKET ANALYSIS BY GEOGRAPHY
       9.1. Regional Outlook
       9.2. Introduction
       9.3. North America
           9.3.1. Overview
           9.3.2. North America Hybrid And Full Electric Marine Propulsion Market Estimate by Country
           9.3.3. United State
           9.3.4. Rest of North America
       9.4. Europe
           9.4.1. Overview
           9.4.2. Europe Hybrid And Full Electric Marine Propulsion Market Estimate by Market Segment
           9.4.3. Europe Hybrid And Full Electric Marine Propulsion Market Estimate by Country
           9.4.4. United Kingdom
           9.4.5. France
           9.4.6. Germany
           9.4.7 Rest of Europe
       9.5. Asia Pacific
           9.5.1. Overview
           9.5.2. Asia Pacific Hybrid And Full Electric Marine Propulsion Market Estimate by Market Segment
           9.5.3. Asia Pacific Hybrid And Full Electric Marine Propulsion Market Estimate by Country
           9.5.4. China
           9.5.5. Japan
           9.5.6. India
           9.5.7. Rest of Asia Pacific
       9.6. Latin America
           9.6.1. Overview
           9.6.2. Latin America Hybrid And Full Electric Marine Propulsion Market Estimate by Market Segment
           9.6.3. Latin America Hybrid And Full Electric Marine Propulsion Market Estimate by Country
           9.6.4. Brazil
           9.6.5. Rest of Latin America
       9.7. Middle East & Africa
           9.7.1. Overview
           9.7.2. Middle East & Africa Hybrid And Full Electric Marine Propulsion Market Estimate by Market Segment
           9.7.3. Middle East & Africa Hybrid And Full Electric Marine Propulsion Market Estimate by Country
           9.7.4. Middle East
           9.7.5. Africa

10 COMPETITIVE LANDSCAPE OF THE HYBRID AND FULL ELECTRIC MARINE PROPULSION COMPANIES
       10.1. Hybrid And Full Electric Marine Propulsion Market Competition
       10.2. Partnership/Collaboration/Agreement
       10.3. Merger And Acquisitions
       10.4. New Product Launch
       10.5. Other Developments

11 COMPANY PROFILES OF HYBRID AND FULL ELECTRIC MARINE PROPULSION INDUSTRY
       11.1. Company Share Analysis
       11.2. Market Concentration Rate
       11.3. AB Volvo Penta
           11.3.1. Company Overview
           11.3.2. Financials
           11.3.3. Products
           11.3.4. Recent Developments
       11.4. BAE Systems
           11.4.1. Company Overview
           11.4.2. Financials
           11.4.3. Products
           11.4.4. Recent Developments
       11.5. Caterpillar Inc.
           11.5.1. Company Overview
           11.5.2. Financials
           11.5.3. Products
           11.5.4. Recent Developments
       11.6. Cummins Inc.
           11.6.1. Company Overview
           11.6.2. Financials
         11.6.3. Products
           11.6.4. Recent Developments
       11.7. Fairbanks Morse Engine
           11.7.1. Company Overview
           11.7.2. Financials
           11.7.3. Products
           11.7.4. Recent Developments
       11.8. GE
           11.8.1. Company Overview
           11.8.2. Financials
           11.8.3. Products
           11.8.4. Recent Developments
       11.9. MAN Diesel & Turbo SE
           11.9.1. Company Overview
           11.9.2. Financials
           11.9.3. Products
           11.9.4. Recent Developments
       11.10. Masson-Marine S.A.S
           11.10.1. Company Overview
           11.10.2. Financials
           11.10.3. Products
           11.10.4. Recent Developments
       11.11. Niigata Power Systems Co., Ltd.
           11.11.1. Company Overview
           11.11.2. Financials
           11.11.3. Products
           11.11.4. Recent Developments
       11.12. Rolls Royce Plc.
           11.12.1. Company Overview
           11.12.2. Financials
           11.12.3. Products
           11.12.4. Recent Developments
       11.13. STEYR MOTORS GmbH
           11.13.1. Company Overview
           11.13.2. Financials
           11.13.3. Products
           11.13.4. Recent Developments
       11.14. Torqeedo GmbH
           11.14.1. Company Overview
           11.14.2. Financials
           11.14.3. Products
           11.14.4. Recent Developments
       11.15. Wärtsilä Corporation
           11.15.1. Company Overview
           11.15.2. Financials
           11.15.3. Products
           11.15.4. Recent Developments

12. IMPACT ANALYSIS OF COVID-19 OUTBREAK
12.1. Impact Analysis of Covid-19 Outbreak on the Market
12.1.1. Direct Impact on Production
12.1.2. Supply Chain and Market Disruption
12.1.3. Financial Impact on Firms and Financial Markets
12.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
12.3. Pre V/S Post COVID-19 Market
12.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Market Size in 2020, by Scenario
12.5. COVID-19: Micro and Macro Factor Analysis on the Market

*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies

LIST OF TABLES

LIST OF FIGURES

* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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Objectives of Study

Define and measure the global market
Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
Analyze and identify major market trends along with the factors driving or inhibiting the market growth
Study the company profiles of the major market players with their market share
Analyze competitive developments

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ID:VMR11211168

January 2020

Report Formats:

Choose your Buying Option

Choose your Buying Option

Objectives of Study

Buy Chapters or Sections

Why Choose Us

Client First Policy

Excellent Quality

Robust After Sales Support

24/7 Email Support

Clients

Testimonials

Vincenzo Baydar – Head Planning, Leading Food Chain, US

Mia Tang, Director - Business Strategy, Steel Industry, Germany

Jo Chin, Owner of a Manufacturing Plant in Taiwan

Key questions answered by the report

Need specific market information?

ID:VMR11211168

January 2020

Report Formats:

Choose your Buying Option

Choose your Buying Option

Objectives of Study

Buy Chapters or Sections

Why Choose Us

Client First Policy

Excellent Quality

Robust After Sales Support

24/7 Email Support

Clients

Testimonials

Vincenzo Baydar – Head Planning, Leading Food Chain, US

Mia Tang, Director - Business Strategy, Steel Industry, Germany

Jo Chin, Owner of a Manufacturing Plant in Taiwan

Key questions answered by the report

Need specific market information?

Important: Covid19 pandemic market impact