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The Marine Genset market is a subset of the Shipbuilding and Ship Parts industry. It is composed of companies that manufacture and supply generators and related components for use in marine vessels. These generators are used to provide power for a variety of onboard systems, such as lighting, air conditioning, and navigation. They are also used to provide backup power in the event of a power outage. Marine Gensets are designed to be reliable and efficient, and must meet stringent safety and environmental standards.
The Marine Genset market is highly competitive, with a wide range of products available from a variety of manufacturers. Companies in the market must continually innovate and develop new technologies to remain competitive.
Some of the major players in the Marine Genset market include Cummins, MAN Energy Solutions, Wärtsilä, Caterpillar, and Mitsubishi Heavy Industries. Show Less Read more