Marine Hybrid Propulsion Market by Power Sorurce and Ship Type - Global Industry Analysis and Forecast To 2023

Table of Contents

1.       Introduction

1.1.       Report Description

1.2.       Research Methodology

1.2.1.  Secondary Research

1.2.2.  Primary Research

2.       Executive Summary

2.1.       Key Highlights

3.       Market Overview

3.1.       Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.       Market Dynamics

3.2.1.  Drivers

3.2.1.1.    Growth in International Seaborne Trade

3.2.1.2.    Rising Production and Sales of Ships Globally

3.2.2.  Restraints

3.2.2.1.    Strict Environmental Rules & Regulations

3.2.3.  Opportunities

4.       Marine Hybrid Propulsion Market, By Power Source

4.1.       Introduction

4.2.       Marine Hybrid Propulsion Market Assessment and Forecast, By Power Source, 2017-2023

4.3.       Gas Turbine

4.3.1.  Market Assessment and Forecast, By Region, 2017-2023 ($Million)

4.4.       Diesel

4.4.1.  Market Assessment and Forecast, By Region, 2017-2023 ($Million)

4.5.       Natural Gas

4.5.1.  Market Assessment and Forecast, By Region, 2017-2023 ($Million)

4.6.       Other Power Sources

4.6.1.  Market Assessment and Forecast, By Region, 2017-2023 ($Million)

5.       Marine Hybrid Propulsion Market, By Ship Type

5.1.       Introduction

5.2.       The Marine Hybrid Propulsion Market Assessment and Forecast, By Ship Type, 2017-2023

5.3.       Bulk Carrier

5.3.1.  Market Assessment and Forecast, By Region, 2017-2023 ($Million)

5.4.       Passenger Ship

5.4.1.  Market Assessment and Forecast, By Region, 2017-2023 ($Million)

5.5.       Tanker

5.5.1.  Market Assessment and Forecast, By Region, 2017-2023 ($Million)

5.6.       Cargo or Container Ship

5.6.1.  Market Assessment and Forecast, By Region, 2017-2023 ($Million)

5.7.       Offshore Vessel

5.7.1.  Market Assessment and Forecast, By Region, 2017-2023 ($Million)

6.       Marine Hybrid Propulsion Market, By Region

6.1.       Introduction

6.2.       Marine Hybrid Propulsion Market Assessment and Forecast, By Region, 2017-2023 ($Million)

6.3.       North America

6.3.1.  Market Assessment and Forecast, By Country, 2017-2023 ($Million)

6.3.2.  Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.3.3.  Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.3.4.  U.S.

6.3.4.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.3.4.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.3.5.  Canada

6.3.5.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.3.5.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.3.6.  Mexico

6.3.6.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.3.6.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.4.       Europe

6.4.1.  Market Assessment and Forecast, By Country, 2017-2023 ($Million)

6.4.2.  Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.4.3.  Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.4.4.  Germany

6.4.4.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.4.4.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.4.5.  France

6.4.5.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.4.5.2.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.4.6.  UK

6.4.6.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.4.6.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.4.7.  Italy

6.4.7.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.4.7.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.4.8.  Spain

6.4.8.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.4.8.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.4.9.  Rest of Europe

6.4.9.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.4.9.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.5.       Asia-Pacific

6.5.1.  Market Assessment and Forecast, By Country, 2017-2023 ($Million)

6.5.2.  Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.5.3.  Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.5.4.  Japan

6.5.4.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.5.4.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.5.5.  China

6.5.5.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.5.5.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.5.6.  Australia

6.5.6.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.5.6.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.5.7.  India

6.5.7.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.5.7.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.5.8.  South Korea

6.5.8.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.5.8.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.5.9.  Rest of Asia-Pacific

6.5.9.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.5.9.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.6.       Rest of the World

6.6.1.  Market Assessment and Forecast, By Country, 2017-2023 ($Million)

6.6.2.  Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.6.3.  Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.6.4.  Brazil

6.6.4.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.6.4.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.6.5.  Turkey

6.6.5.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.6.5.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.6.6.  Saudi Arabia

6.6.6.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.6.6.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.6.7.  South Africa

6.6.7.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.6.7.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.6.8.  United Arab Emirates

6.6.8.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.6.8.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

6.6.9.  Others

6.6.9.1.    Market Assessment and Forecast, By Power Source, 2017-2023 ($Million)

6.6.9.2.    Market Assessment and Forecast, By Ship Type, 2017-2023 ($Million)

7.       Company Profiles

7.1.       Cummins Inc.

7.1.1.  Business Overview

7.1.2.  Product Portfolio

7.1.3.  Key Financials

7.1.4.  Strategic Developments

7.2.       Hyundai Heavy Industries Co., Ltd

7.2.1.  Business Overview

7.2.2.  Product Portfolio

7.2.3.  Strategic Developments

7.3.       Mitsubishi Heavy Industries, Ltd.

7.3.1.  Business Overview

7.3.2.  Product Portfolio

7.3.3.  Key Financials

7.3.4.  Strategic Developments

7.4.       Caterpillar

7.4.1.  Business Overview

7.4.2.  Product Portfolio

7.4.3.  Strategic Developments

7.5.       Daihatsu Diesel Mfg. Co., Ltd.

7.5.1.  Business Overview

7.5.2.  Product Portfolio

7.5.3.  Strategic Developments

7.6.       Rolls-Royce Plc

7.6.1.  Business Overview

7.6.2.  Product Portfolio

7.6.3.  Strategic Developments

7.7.       Scania

7.7.1.  Business Overview

7.7.2.  Product Portfolio

7.7.3.  Strategic Developments

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List of Tables

Table: Global Marine Hybrid Propulsion Market, By Power Source ($Million), 2017-2023

Table: Gas Turbine Market, By Region ($Million), 2017-2023

Table: Diesel Market, By Region ($Million), 2017-2023

Table: Natural Gas Market, By Region ($Million), 2017-2023

Table: Other Power Sources Market, By Region ($Million), 2017-2023

Table: Global Marine Hybrid Propulsion Market, By Ship Type ($Million), 2017-2023

Table: Bulk Carrier Market, By Region ($Million), 2017-2023

Table: Passenger Ship Market, By Region ($Million), 2017-2023

Table: Tanker Market, By Region ($Million), 2017-2023

Table: Cargo or Container Ship Market, By Region ($Million), 2017-2023

Table: Offshore Vessel Market, By Region ($Million), 2017-2023

Table: Global Marine Hybrid Propulsion Market, By Region ($Million), 2017-2023

Table: North America Marine Hybrid Propulsion Market, By Country, 2017-2023 ($Million)

Table: North America Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: North America Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: U.S. Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: U.S. Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: Canada Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: Canada Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: Mexico Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: Mexico Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: Europe Marine Hybrid Propulsion Market, By Country, 2017-2023 ($Million)

Table: Europe Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: Europe Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: Germany Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: Germany Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: France Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: France Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: UK Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: UK Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: Italy Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: Italy Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: Spain Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: Spain Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: Rest of Europe Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: Rest of Europe Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: Asia-Pacific Marine Hybrid Propulsion Market, By Country, 2017-2023 ($Million)

Table: Asia-Pacific Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: .Asia-Pacific Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: Japan Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: Japan Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: China Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: China Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: Australia Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: Australia Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: India Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: India Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: South Korea Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: South Korea Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: Rest of Asia-Pacific Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: Rest of Asia-Pacific Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: Rest of the World Marine Hybrid Propulsion Market, By Country, 2017-2023 ($Million)

Table: Rest of the World Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: Rest of the World Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: Brazil Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: Brazil Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: Turkey Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: Turkey Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: Saudi Arabia Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: Saudi Arabia Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: South Africa Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: South Africa Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: United Arab Emirates Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: United Arab Emirates Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: Others Marine Hybrid Propulsion Market, By Power Source, 2017-2023 ($Million)

Table: Others Marine Hybrid Propulsion Market, By Ship Type, 2017-2023 ($Million)

Table: Cummins Inc.: Key Strategic Developments, 2017-2017

Table: Hyundai Heavy Industries Co., Ltd: Key Strategic Developments, 2017-2017

Table: Mitsubishi Heavy Industries, Ltd.: Key Strategic Developments, 2017-2017

Table: Caterpillar: Key Strategic Developments, 2017-2017

Table: Daihatsu Diesel Mfg. Co., Ltd.: Key Strategic Developments, 2017-2017

Table: Rolls-Royce Plc: Key Strategic Developments, 2017-2017

Table: Scania: Key Strategic Developments, 2017-2017

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List of Figures

Figure: Global Marine Hybrid Propulsion Market Share, By Power Source, 2017 & 2023

Figure: Marine Hybrid Propulsion Market, By Ship Type, 2017, ($Million)

Figure: Marine Hybrid Propulsion Market, By Region, 2017, ($Million)

Figure: Mitsubishi Heavy Industries, Ltd.: Net Revenues, 2017-2017 ($Million)

Figure: Mitsubishi Heavy Industries, Ltd.: Net Revenue Share, By Segment, 2017

Figure: Mitsubishi Heavy Industries: Net Revenue Share, By Geography, 2017

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix	Supply Side	Demand Side
Primary Data Sources	Manufacturers Distributors & Wholesalers GPOs	Physicians/Specialist Healthcare Providers Consumers
Secondary Data Sources	Annual Reports/SEC Filings/ Investor Presentations/ Press Releases Government/Associations Publications	Case Studies Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

• Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:

• Number of patients for particular device or medical procedure and
• Repeated use of particular device depending on health and condition of patient

• Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

Industry Analysis

Qualitative Data	Quantitative Data (2017-2025)
Market Dynamics (Drivers, Restraints, and Challenges) Industry Trend Analysis Market Opportunities Government Policies and Regulations, Patent Analysis, and Reimbursement Policies Porter’s Five Forces and PESTLE Analysis Key Developments and Competitive Landscape	Market Assessment and Forecast Market Assessment and Forecast, By Product Market Assessment and Forecast, By Technology Market Assessment and Forecast, By Application Market Assessment and Forecast, By End User Market Assessment and Forecast, By Region/Country