Home Market Overview Marine Auxiliary Engines: Global Market Overview & Outlook 2018-2022 – Caterpillar, Cummins, Deere & Company …

Marine Auxiliary Engines: Global Market Overview & Outlook 2018-2022 – Caterpillar, Cummins, Deere & Company …

4 min read

Marine Auxiliary Engine Market 2018-2022”
report has been added
to ResearchAndMarkets.com’s offering.

The global marine auxiliary engine market is expected to generate a
revenue of close to US$ 2 billion by 2022.

Global Marine Auxiliary Engine Market 2018-2022, has been prepared based
on an in-depth market analysis with inputs from industry experts. The
report covers the market landscape and its growth prospects over the
coming years. The report also includes a discussion of the key vendors
operating in this market.

One trend in the market is gradual adoption of LNG over conventional
marine fuel. In the shipping industry, approximately 70% of fuel demands
is attributed to the container shipping; bulk carrier, general cargo;
and tanker, which includes crude and chemical products, sectors. The
shipping industry used a broadrange of fuel like hydrofluoroolefin
(HFO), marine diesel oil (MDO), marine gas oil (MGO), LNG, and bio gas.

According to the report, one driver in the market is growth of
commercial shipping. Globalization has directly affected the growth of
the commercial shipping. As economies across the world are interlinked,
the health of the global economy affects the global trade volume.

Further, the report states that one challenge in the market is impact of
BREXIT. The EU consists of 28-member states, and some of the world’s
largest container and passenger ports are situated in its territory,
including Rotterdam, Hamburg, Antwerp, and Piraeus. Some of the
consequences of the BREXIT crisis that occurred were, Domino effect and
end of leasing contract.

Key vendors

  • Caterpillar
  • Cummins
  • Deere & Company
  • Wrtsil
  • Yanmar

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Engine Type

8. Market Segmentation by Engine Capacity

9. Market Segmentation by Vessel Type

10. Customer Landscape

11. Regional Landscape

12. Decision Framework

13. Drivers and Challenges

14. Market Trends

15. Vendor Landscape

16. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/xlxzfx/marine_auxiliary?w=4

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