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The military marine vessel engines market is forecasted to grow by USD 888.4 million during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the military marine vessel engines market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in demand for naval vessels, increasing investments for deploying manned submarines, and rising need for maritime surveillance capabilities due to growing maritime threats.
The military marine vessel engines market is segmented as below:
By Type
- Gas turbine
- Hybrid
- Diesel
- Water jet
- Nuclear
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the military marine vessel engines market covers the following areas:
- Military marine vessel engines market sizing
- Military marine vessel engines market forecast
- Military marine vessel engines market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global military marine vessel engines market: AB Volvo, Caterpillar Inc., Cummins Inc., Fairbanks Morse LLC, General Electric Co., MAN Energy Solutions SE, Mitsubishi Heavy Industries Ltd., Rolls Royce Holdings Plc, Scania AB, Steyr Motors Betriebs GmbH, and STX Engine Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is prospective incorporation of intelligent propulsion systems."
According to the report, one of the major drivers for this market is the growth in demand for naval vessels.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB Volvo
- Caterpillar Inc.
- Cummins Inc.
- Fairbanks Morse LLC
- General Electric Co.
- MAN Energy Solutions SE
- Mitsubishi Heavy Industries Ltd.
- Rolls Royce Holdings Plc
- Scania AB
- Steyr Motors Betriebs GmbH
- STX Engine Co. Ltd.
