Marine Hybrid Propulsion Markets: Global Industry Analysis, Trends, Market Size and Forecasts to 2024 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 21, 2018--The “Marine Hybrid Propulsion Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024” report has been added to ResearchAndMarkets.com’s offering.
The report predicts the global marine hybrid propulsion market to grow with a CAGR of 7% over the forecast period of 2018-2024.
The increasing trade of resources such as coal, crude oil, iron, and steel is done through large vessels. This large vessel containing high volume resources are driven through marine hybrid propulsion market.
In addition, continuous development in the marine industry along with growing ship owner preferences for high fuel-efficient features are boosting the growth of the marine hybrid propulsion market.
The system utilizes the unused capacity of the main diesel engine to generate electricity and store it in batteries for later use. This, in turn, has opened several doors of opportunity for the key players in the marine hybrid propulsion market over the upcoming years.
On the other hand, the increased defense budget by various emerging economies, particularly for sea-based defense and maritime security, and the gradual adoption of LNG over conventional marine fuels is expected to open new opportunities in the global marine hybrid propulsion market.
Companies ProfiledRolls-Royce Holdings plc General Electric Company Mitsubishi Heavy Industries Ltd. Caterpillar Inc. Hyundai Heavy Industries MAN Diesel & Turbo Niigata Power Systems Yanmar BAE Systems Siemens AG
Key Topics Covered
2. Executive Summary
3. Global Marine Hybrid Propulsion Market Overview
4. Marine Hybrid Propulsion Market Macro Indicator Analysis
5. Global Marine Hybrid Propulsion Market by Propulsion Type
6. Global Marine Hybrid Propulsion Market by Transport
7. Global Marine Hybrid Propulsion Market by Power Rating
8. Global Marine Hybrid Propulsion Market by End-user
9. Global Marine Hybrid Propulsion Market by Application
10. Global Marine Hybrid Propulsion Market by Region 2018-2024
11. Company Profiles and Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/m8jzwd/marine_hybrid?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180921005303/en/
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Related Topics:Shipbuilding and Ship Parts
INDUSTRY KEYWORD: TRANSPORT MARITIME MANUFACTURING ENGINEERING
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/21/2018 09:41 AM/DISC: 09/21/2018 09:41 AM