Global marine gensets market forecast is anticipated to be significantly positive over the coming years owing to ongoing technological advancements in the industry in terms of engine modification, to achieve improved performance as well as effective reduction in engine noise.
Consistent advances in technology have also transformed shipping into an extremely quick and efficient method of transportation. Increasing investments in shipbuilding coupled with the growth of seaborne transport, which is fueled by rising interregional trade practices, will propel marine generators industry outlook over the projected timeline.
Pages: 380
Tables: 581
Charts / Figures: 27
Companies covered: 13
Countries covered: 27
Mounting concerns over the effects of marine sulfur emissions on health as well as the environment along with increasing R&D activities focused on fuel efficiency will boost product penetration. Over the last century, the shipping industry has witnessed tremendous surge in total trade volume driven by rapid industrialization. Rising inclination of shipowners towards the adoption of eco-friendly fuels to minimize the emission of harmful gases and reduce their carbon footprint is further expected to stimulate marine gensets industry growth over the analysis period.
Developing economies, mainly in the Asia-Pacific (APAC) belt, have been the key for the growth of seaborne trade worldwide. According to a report by the United Nations Conference on Trade and Development (UNCTAD), the share of emerging economies in seaborne trade imports & exports had climbed rapidly over the past decade, touching almost 63% in 2017. Rise in sea trade activities across the world will certainly transform global marine gensets market landscape.
Browse key industry insights spread across 380 pages with 581 market data tables & 27 figures & charts from the report, “Global Marine Gensets Market Size By Fuel (MDO, MGO, LNG, Hybrid) Power Rating (<1,000 kW, 1,000 kW-5,000 kW, 5,000 kW-10,000 kW, 10,000 kW-20,000 kW, >20,000 kW), By Application (Commercial {Container Vessels, Tankers, Bulk Carriers, RO-RO}, Offshore {AHTS, PSV, FSV, MPSV}, Recreational {Cruise-Ships, Ferries, Yachts}, Navy), Industry Analysis Report, Regional Analysis (U.S., Canada, Germany, UK, Italy, Norway, France, Russia, Denmark, The Netherlands, China, Japan, India, South Korea, Australia, Vietnam, Singapore, Saudi Arabia, UAE, Iran, Angola, Egypt, South Africa, Brazil, Argentina, Mexico), Application Potential, Price Trend, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
According to the International Council on Clean Transportation (ICCT), ships are considered to be an efficient means of transport and carry over more than 80% trade by volume. But these vessels have also increasingly become a source for both air as well as climatic pollution. Most marine fuels have sulfur content of about 25,000 parts per million (ppm) compared to 10-15 ppm for on-road petrol and diesel in Europe and North America. It has become extremely important to cut down shipping emissions, which will effectively alter marine gensets market scope in terms of power generation technology.
LNG-based marine gensets can be anticipated to experience rapid adoption as it is a cleaner fuel option and worldwide, the production of LNG has escalated significantly over the past few years. Various companies have developed new purpose systems for a variety of ships to replace existing diesel-fueled systems, as well as those effectively made for dual use. Increased deployment of LNG-fueled marine gensets in key locations around the world has encouraged vessel operators to reconsider the viability of LNG as a marine fuel.
Partial Table of Contents (ToC) of the report:
Chapter 4 Global Marine Gensets Market, By Fuel
4.1 Global marine gensets market share by fuel, 2018 & 2025
4.2 MDO
4.2.1 Global market from MDO, 2014 – 2025
4.2.2 Global market from MDO, by region, 2014 - 2025
4.3 MGO
4.3.1 Global market from MGO, 2014 – 2025
4.3.2 Global market from MGO, by region, 2014 - 2025
4.4 LNG
4.4.1 Global market from LNG, 2014 – 2025
4.4.2 Global market from LNG, by region, 2014 - 2025
4.5 Hybrid
4.5.1 Global market from hybrid, 2014 – 2025
4.5.2 Global market from hybrid, by region, 2014 - 2025
4.6 Others
4.6.1 Global market from others, 2014 – 2025
4.6.2 Global market from others, by region, 2014 - 2025
Chapter 5 Global Marine Gensets Market, By Power Rating
5.1 Global marine gensets market share by power rating, 2018 & 2025
5.2 <1,000 kW
5.2.1 Global market from <1,000 kW, 2014 – 2025
5.2.2 Global market from <1,000 kW, by region, 2014 - 2025
5.3 1,000-5,000 kW
5.3.1 Global market from 1,000-5,000 kW, 2014 – 2025
5.3.2 Global market from 1,000-5,000 kW, by region, 2014 - 2025
5.4 5,000-10,000 kW
5.4.1 Global market from 5,000-10,000 kW, 2014 – 2025
5.4.2 Global market from 5,000-10,000 kW, by region, 2014 - 2025
5.5 10,000-20,000 kW
5.5.1 Global market from 10,000-20,000 kW, 2014 – 2025
5.5.2 Global market from 10,000-20,000 kW, by region, 2014 - 2025
5.6 >20,000 kW
5.6.1 Global market from >20,000 kW, 2014 – 2025
5.6.2 Global market from >20,000 kW, by region, 2014 - 2025
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