Marine Fully Electric Propulsion Market : Global Industry Analysis and Forecast 2023 – 2029

Marine Fully Electric Propulsion Market size is expected to reach nearly US$ 44.27 Bn. by 2029 with the CAGR of 5.9% during the forecast period. The report has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis. Marine propulsion is a system or mechanism used to thrust to move a boat or ship across the water. The setup of a propulsion system depends on the transport system, vessel size, and type of operation. Diesel marine propulsion system is a mutual type of marine propulsion system. Marine Fully Electric Propulsion MarketTo know about the Research Methodology :- Request Free Sample Report The market for tissue-engineered skin substitute is expected to grow significantly in the future, thanks to the use of on-board renewable energy sources for charging of the battery. Developing and developed economies are spending significantly in the defense sector. Demand for full-electric marine propulsion systems in various major economies is gaining momentum owing to the rise in manufacture of new vessels, increasing seaborne trade, and growing upgrade of present vessels into full electric propulsion ones. Imposition of stringent regulations associated with minimization of harmful CO2 emissions is driving the demand for fuel-efficient propulsion systems like full electric marine propulsion systems. So, governments of various countries are supporting and funding development and adoption of the newest technologies in marine propulsion systems. The report covers the segments in the marine fully electric propulsion markets such as type, and application. By application, the cargo ships segment was valued US$ xx Mn. in 2022 and is expected to reach US$ xx Mn. by 2029 at a CAGR of 33% over the forecast period. This is attributed to the increasing trade activities among several countries and regions. The rapidly growing marine electric vehicles (EVs) market will reach US$ 3 billion in 2029. It is unusually various with average unit costs rising as the larger craft are electrified to improve performance, green credentials, and cost over life. The market contains underwater electric vehicles and on-water for inland waterways and the sea. Military electric craft is the largest market industry by value nowadays but e-workboats and other, smaller market sub-sectors will upsurge their share of the market by value over the upcoming decade. By region, North America is expected to continue to hold the largest xx% share in marine fully electric propulsion market thanks to growing adoption of electric propulsion naval vessels by the U.S. Navy for strategic missions. Additionally, the presence of major energy storage systems companies like Corvus Energy is driving the growth of the North America Marine Fully Electric Propulsion Market. Europe also plays important roles in marine fully electric propulsion market, with a market of US$ xx Mn in 2022 and will be US$ xx Mn in 2029, with a CAGR of xx%. It is attributed to investments by leading key players such as ABB Group, Siemens and BAE Systems in the development of electric ships. The competitive landscape section in the Marine Fully Electric Propulsion market offers a deep dive into the profiles of the leading companies operating in the global market landscape. It offers captivating insights on the key developments, differential strategies, and other crucial aspects about the key players having a stronghold in the Marine Fully Electric Propulsion market. The objective of the report is to present a comprehensive analysis of the Global Marine Fully Electric Propulsion Marketincluding all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding global market dynamics, structure by analyzing the market segments and projects the global market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the global market the report investor’s guide.

Marine Fully Electric Propulsion Market Scope: Inquire before buying

Marine Fully Electric Propulsion Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 29.64 Bn.
Forecast Period 2023 to 2029 CAGR: 5.9% Market Size in 2029: US $ 44.27 Bn.
Segments Covered: by Type AC Electric Type DC Electric Type
by Application Cargo Ships Tankers Passengers Ships Naval Vessels Others

Marine Fully Electric Propulsion Market, By Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America

Marine Fully Electric Propulsion Market Key Players

1. ABB Group 2. Wartsila 3. YANMAR CO. LTD. 4. Caterpillar 5. Oceanvolt 6. Hyundai Heavy Industries Co. Ltd. 7. General Electric Company (U.S) 8. Siemens AG (Germany) 9. BAE Systems 10. Mitsubishi Heavy Industries, Ltd. (Japan) 11. Torqeedo GmbH (Germany) 12. Steyr Motors GmbH (Austria) 13. Man Diesel and Turbo SE (Germany) 14. Schottel GmbH (Germany) 15. Rolls-Royce Plc (U.K) Frequently Asked Questions: 1. Which region has the largest share in Global Marine Fully Electric Propulsion Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Marine Fully Electric Propulsion Market? Ans: The Global Marine Fully Electric Propulsion Market is growing at a CAGR of 5.9% during forecasting period 2023-2029. 3. What is scope of the Global Marine Fully Electric Propulsion Market report? Ans: Global Marine Fully Electric Propulsion Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Marine Fully Electric Propulsion Market? Ans: The important key players in the Global Marine Fully Electric Propulsion Market are – ABB Group, Wartsila, YANMAR CO. LTD., Caterpillar, Oceanvolt, Hyundai Heavy Industries Co. Ltd., General Electric Company (U.S), Siemens AG (Germany), and BAE Systems 5. What is the study period of this Market? Ans: The Global Marine Fully Electric Propulsion Market is studied from 2022 to 2029.
Marine Fully Electric Propulsion Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Marine Fully Electric Propulsion Market 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Marine Fully Electric Propulsion Market Analysis and Forecast 6.1. Marine Fully Electric Propulsion Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Marine Fully Electric Propulsion Market Analysis and Forecast, By Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Marine Fully Electric Propulsion Market Value Share Analysis, By Type 7.4. Marine Fully Electric Propulsion Market Size (US$ Bn) Forecast, By Type 7.5. Marine Fully Electric Propulsion Market Analysis, By Type 7.6. Marine Fully Electric Propulsion Market Attractiveness Analysis, By Type 8. Marine Fully Electric Propulsion Market Analysis and Forecast, By Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Marine Fully Electric Propulsion Market Value Share Analysis, By Application 8.4. Marine Fully Electric Propulsion Market Size (US$ Bn) Forecast, By Application 8.5. Marine Fully Electric Propulsion Market Analysis, By Application 8.6. Marine Fully Electric Propulsion Market Attractiveness Analysis, By Application 9. Marine Fully Electric Propulsion Market Analysis, by Region 9.1. Marine Fully Electric Propulsion Market Value Share Analysis, by Region 9.2. Marine Fully Electric Propulsion Market Size (US$ Bn) Forecast, by Region 9.3. Marine Fully Electric Propulsion Market Attractiveness Analysis, by Region 10. North America Marine Fully Electric Propulsion Market Analysis 10.1. Key Findings 10.2. North America Marine Fully Electric Propulsion Market Overview 10.3. North America Marine Fully Electric Propulsion Market Value Share Analysis, By Type 10.4. North America Marine Fully Electric Propulsion Market Forecast, By Type 10.4.1. AC Electric Type 10.4.2. DC Electric Type 10.5. North America Marine Fully Electric Propulsion Market Value Share Analysis, By Application 10.6. North America Marine Fully Electric Propulsion Market Forecast, By Application 10.6.1. Cargo Ships 10.6.2. Tankers 10.6.3. Passengers Ships 10.6.4. Naval vessels 10.6.5. Others 10.7. North America Marine Fully Electric Propulsion Market Value Share Analysis, by Country 10.8. North America Marine Fully Electric Propulsion Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Marine Fully Electric Propulsion Market Analysis, by Country 10.10. U.S. Marine Fully Electric Propulsion Market Forecast, By Type 10.10.1. AC Electric Type 10.10.2. DC Electric Type 10.11. U.S. Marine Fully Electric Propulsion Market Forecast, By Application 10.11.1. Cargo Ships 10.11.2. Tankers 10.11.3. Passengers Ships 10.11.4. Naval vessels 10.11.5. Others 10.12. Canada Marine Fully Electric Propulsion Market Forecast, By Type 10.12.1. AC Electric Type 10.12.2. DC Electric Type 10.13. Canada Marine Fully Electric Propulsion Market Forecast, By Application 10.13.1. Cargo Ships 10.13.2. Tankers 10.13.3. Passengers Ships 10.13.4. Naval vessels 10.13.5. Others 10.14. North America Marine Fully Electric Propulsion Market Attractiveness Analysis 10.14.1. By Type 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Marine Fully Electric Propulsion Market Analysis 11.1. Key Findings 11.2. Europe Marine Fully Electric Propulsion Market Overview 11.3. Europe Marine Fully Electric Propulsion Market Value Share Analysis, By Type 11.4. Europe Marine Fully Electric Propulsion Market Forecast, By Type 11.4.1. AC Electric Type 11.4.2. DC Electric Type 11.5. Europe Marine Fully Electric Propulsion Market Value Share Analysis, By Application 11.6. Europe Marine Fully Electric Propulsion Market Forecast, By Application 11.6.1. Cargo Ships 11.6.2. Tankers 11.6.3. Passengers Ships 11.6.4. Naval vessels 11.6.5. Others 11.7. Europe Marine Fully Electric Propulsion Market Value Share Analysis, by Country 11.8. Europe Marine Fully Electric Propulsion Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Russia 11.8.7. Sweden 11.8.8. Rest of Europe 11.9. Europe Marine Fully Electric Propulsion Market Analysis, by Country 11.10. Germany Marine Fully Electric Propulsion Market Forecast, By Type 11.10.1. AC Electric Type 11.10.2. DC Electric Type 11.11. Germany Marine Fully Electric Propulsion Market Forecast, By Application 11.11.1. Cargo Ships 11.11.2. Tankers 11.11.3. Passengers Ships 11.11.4. Naval vessels 11.11.5. Others 11.12. U.K. Marine Fully Electric Propulsion Market Forecast, By Type 11.12.1. AC Electric Type 11.12.2. DC Electric Type 11.13. U.K. Marine Fully Electric Propulsion Market Forecast, By Application 11.13.1. Cargo Ships 11.13.2. Tankers 11.13.3. Passengers Ships 11.13.4. Naval vessels 11.13.5. Others 11.14. France Marine Fully Electric Propulsion Market Forecast, By Type 11.14.1. AC Electric Type 11.14.2. DC Electric Type 11.15. France Marine Fully Electric Propulsion Market Forecast, By Application 11.15.1. Cargo Ships 11.15.2. Tankers 11.15.3. Passengers Ships 11.15.4. Naval vessels 11.15.5. Others 11.16. Italy Marine Fully Electric Propulsion Market Forecast, By Type 11.16.1. AC Electric Type 11.16.2. DC Electric Type 11.17. Italy Marine Fully Electric Propulsion Market Forecast, By Application 11.17.1. Cargo Ships 11.17.2. Tankers 11.17.3. Passengers Ships 11.17.4. Naval vessels 11.17.5. Others 11.18. Spain Marine Fully Electric Propulsion Market Forecast, By Type 11.18.1. AC Electric Type 11.18.2. DC Electric Type 11.19. Spain Marine Fully Electric Propulsion Market Forecast, By Application 11.19.1. Cargo Ships 11.19.2. Tankers 11.19.3. Passengers Ships 11.19.4. Naval vessels 11.19.5. Others 11.20. Russia Marine Fully Electric Propulsion Market Forecast, By Type 11.20.1. AC Electric Type 11.20.2. DC Electric Type 11.21. Russia Marine Fully Electric Propulsion Market Forecast, By Application 11.21.1. Cargo Ships 11.21.2. Tankers 11.21.3. Passengers Ships 11.21.4. Naval vessels 11.21.5. Others 11.22. Sweden Marine Fully Electric Propulsion Market Forecast, By Type 11.22.1. AC Electric Type 11.22.2. DC Electric Type 11.23. Sweden Marine Fully Electric Propulsion Market Forecast, By Application 11.23.1. Cargo Ships 11.23.2. Tankers 11.23.3. Passengers Ships 11.23.4. Naval vessels 11.23.5. Others 11.24. Rest of Europe Marine Fully Electric Propulsion Market Forecast, By Type 11.24.1. AC Electric Type 11.24.2. DC Electric Type 11.25. Rest of Europe Marine Fully Electric Propulsion Market Forecast, By Application 11.25.1. Cargo Ships 11.25.2. Tankers 11.25.3. Passengers Ships 11.25.4. Naval vessels 11.25.5. Others 11.26. Europe Marine Fully Electric Propulsion Market Attractiveness Analysis 11.26.1. By Type 11.26.2. By Application 11.27. PEST Analysis 11.28. Key Trends 11.29. Key Developments 12. Asia Pacific Marine Fully Electric Propulsion Market Analysis 12.1. Key Findings 12.2. Asia Pacific Marine Fully Electric Propulsion Market Overview 12.3. Asia Pacific Marine Fully Electric Propulsion Market Value Share Analysis, By Type 12.4. Asia Pacific Marine Fully Electric Propulsion Market Forecast, By Type 12.4.1. AC Electric Type 12.4.2. DC Electric Type 12.5. Asia Pacific Marine Fully Electric Propulsion Market Value Share Analysis, By Application 12.6. Asia Pacific Marine Fully Electric Propulsion Market Forecast, By Application 12.6.1. Cargo Ships 12.6.2. Tankers 12.6.3. Passengers Ships 12.6.4. Naval vessels 12.6.5. Others 12.7. Asia Pacific Marine Fully Electric Propulsion Market Value Share Analysis, by Country 12.8. Asia Pacific Marine Fully Electric Propulsion Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. South Korea 12.8.5. Australia 12.8.6. Indonesia 12.8.7. Malaysia 12.8.8. Vietnam 12.8.9. Rest of Asia Pacific 12.9. Asia Pacific Marine Fully Electric Propulsion Market Analysis, by Country 12.10. China Marine Fully Electric Propulsion Market Forecast, By Type 12.10.1. AC Electric Type 12.10.2. DC Electric Type 12.11. China Marine Fully Electric Propulsion Market Forecast, By Application 12.11.1. Cargo Ships 12.11.2. Tankers 12.11.3. Passengers Ships 12.11.4. Naval vessels 12.11.5. Others 12.12. India Marine Fully Electric Propulsion Market Forecast, By Type 12.12.1. AC Electric Type 12.12.2. DC Electric Type 12.13. India Marine Fully Electric Propulsion Market Forecast, By Application 12.13.1. Cargo Ships 12.13.2. Tankers 12.13.3. Passengers Ships 12.13.4. Naval vessels 12.13.5. Others 12.14. Japan Marine Fully Electric Propulsion Market Forecast, By Type 12.14.1. AC Electric Type 12.14.2. DC Electric Type 12.15. Japan Marine Fully Electric Propulsion Market Forecast, By Application 12.15.1. Cargo Ships 12.15.2. Tankers 12.15.3. Passengers Ships 12.15.4. Naval vessels 12.15.5. Others 12.16. South Korea Marine Fully Electric Propulsion Market Forecast, By Type 12.16.1. AC Electric Type 12.16.2. DC Electric Type 12.17. South Korea Marine Fully Electric Propulsion Market Forecast, By Application 12.17.1. Cargo Ships 12.17.2. Tankers 12.17.3. Passengers Ships 12.17.4. Naval vessels 12.17.5. Others 12.18. Australia Marine Fully Electric Propulsion Market Forecast, By Type 12.18.1. AC Electric Type 12.18.2. DC Electric Type 12.19. Australia Marine Fully Electric Propulsion Market Forecast, By Application 12.19.1. Cargo Ships 12.19.2. Tankers 12.19.3. Passengers Ships 12.19.4. Naval vessels 12.19.5. Others 12.20. Indonesia Marine Fully Electric Propulsion Market Forecast, By Type 12.20.1. AC Electric Type 12.20.2. DC Electric Type 12.21. Indonesia Marine Fully Electric Propulsion Market Forecast, By Application 12.21.1. Cargo Ships 12.21.2. Tankers 12.21.3. Passengers Ships 12.21.4. Naval vessels 12.21.5. Others 12.22. Malaysia Marine Fully Electric Propulsion Market Forecast, By Type 12.22.1. AC Electric Type 12.22.2. DC Electric Type 12.23. Malaysia Marine Fully Electric Propulsion Market Forecast, By Application 12.23.1. Cargo Ships 12.23.2. Tankers 12.23.3. Passengers Ships 12.23.4. Naval vessels 12.23.5. Others 12.24. Vietnam Marine Fully Electric Propulsion Market Forecast, By Type 12.24.1. AC Electric Type 12.24.2. DC Electric Type 12.25. Vietnam Marine Fully Electric Propulsion Market Forecast, By Application 12.25.1. Cargo Ships 12.25.2. Tankers 12.25.3. Passengers Ships 12.25.4. Naval vessels 12.25.5. Others 12.26. Rest of Asia Pacific Marine Fully Electric Propulsion Market Forecast, By Type 12.26.1. AC Electric Type 12.26.2. DC Electric Type 12.27. Rest of Asia Pacific Marine Fully Electric Propulsion Market Forecast, By Application 12.27.1. Cargo Ships 12.27.2. Tankers 12.27.3. Passengers Ships 12.27.4. Naval vessels 12.27.5. Others 12.28. Asia Pacific Marine Fully Electric Propulsion Market Attractiveness Analysis 12.28.1. By Type 12.28.2. By Application 12.29. PEST Analysis 12.30. Key Trends 12.31. Key Developments 13. Middle East & Africa Marine Fully Electric Propulsion Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Marine Fully Electric Propulsion Market Overview 13.3. Middle East & Africa Marine Fully Electric Propulsion Market Value Share Analysis, By Type 13.4. Middle East & Africa Marine Fully Electric Propulsion Market Forecast, By Type 13.4.1. AC Electric Type 13.4.2. DC Electric Type 13.5. Middle East & Africa Marine Fully Electric Propulsion Market Value Share Analysis, By Application 13.6. Middle East & Africa Marine Fully Electric Propulsion Market Forecast, By Application 13.6.1. Cargo Ships 13.6.2. Tankers 13.6.3. Passengers Ships 13.6.4. Naval vessels 13.6.5. Others 13.7. Middle East & Africa Marine Fully Electric Propulsion Market Value Share Analysis, by Country 13.8. Middle East & Africa Marine Fully Electric Propulsion Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Marine Fully Electric Propulsion Market Analysis, by Country 13.10. GCC Marine Fully Electric Propulsion Market Forecast, By Type 13.10.1. AC Electric Type 13.10.2. DC Electric Type 13.11. GCC Marine Fully Electric Propulsion Market Forecast, By Application 13.11.1. Cargo Ships 13.11.2. Tankers 13.11.3. Passengers Ships 13.11.4. Naval vessels 13.11.5. Others 13.12. South Africa Marine Fully Electric Propulsion Market Forecast, By Type 13.12.1. AC Electric Type 13.12.2. DC Electric Type 13.13. South Africa Marine Fully Electric Propulsion Market Forecast, By Application 13.13.1. Cargo Ships 13.13.2. Tankers 13.13.3. Passengers Ships 13.13.4. Naval vessels 13.13.5. Others 13.14. Rest of Middle East & Africa Marine Fully Electric Propulsion Market Forecast, By Type 13.14.1. AC Electric Type 13.14.2. DC Electric Type 13.15. Rest of Middle East & Africa Marine Fully Electric Propulsion Market Forecast, By Application 13.15.1. Cargo Ships 13.15.2. Tankers 13.15.3. Passengers Ships 13.15.4. Naval vessels 13.15.5. Others 13.16. Middle East & Africa Marine Fully Electric Propulsion Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Marine Fully Electric Propulsion Market Analysis 14.1. Key Findings 14.2. South America Marine Fully Electric Propulsion Market Overview 14.3. South America Marine Fully Electric Propulsion Market Value Share Analysis, By Type 14.4. South America Marine Fully Electric Propulsion Market Forecast, By Type 14.4.1. AC Electric Type 14.4.2. DC Electric Type 14.5. South America Marine Fully Electric Propulsion Market Value Share Analysis, By Application 14.6. South America Marine Fully Electric Propulsion Market Forecast, By Application 14.6.1. Cargo Ships 14.6.2. Tankers 14.6.3. Passengers Ships 14.6.4. Naval vessels 14.6.5. Others 14.7. South America Marine Fully Electric Propulsion Market Value Share Analysis, By End User 14.8. South America Marine Fully Electric Propulsion Market Value Share Analysis, by Country 14.9. South America Marine Fully Electric Propulsion Market Forecast, by Country 14.9.1. Brazil 14.9.2. Mexico 14.9.3. Rest of South America 14.10. South America Marine Fully Electric Propulsion Market Analysis, by Country 14.11. Brazil Marine Fully Electric Propulsion Market Forecast, By Type 14.11.1. AC Electric Type 14.11.2. DC Electric Type 14.12. Brazil Marine Fully Electric Propulsion Market Forecast, By Application 14.12.1. Cargo Ships 14.12.2. Tankers 14.12.3. Passengers Ships 14.12.4. Naval vessels 14.12.5. Others 14.13. Mexico Marine Fully Electric Propulsion Market Forecast, By Type 14.13.1. AC Electric Type 14.13.2. DC Electric Type 14.14. Mexico Marine Fully Electric Propulsion Market Forecast, By Application 14.14.1. Cargo Ships 14.14.2. Tankers 14.14.3. Passengers Ships 14.14.4. Naval vessels 14.14.5. Others 14.15. Rest of South America Marine Fully Electric Propulsion Market Forecast, By Type 14.15.1. AC Electric Type 14.15.2. DC Electric Type 14.16. Rest of South America Marine Fully Electric Propulsion Market Forecast, By Application 14.16.1. Cargo Ships 14.16.2. Tankers 14.16.3. Passengers Ships 14.16.4. Naval vessels 14.16.5. Others 14.17. South America Marine Fully Electric Propulsion Market Attractiveness Analysis 14.17.1. By Type 14.17.2. By Application 14.18. PEST Analysis 14.19. Key Trends 14.20. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. ABB Group (Switzerland) 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. Rolls Royce Plc. (U.K) 15.3.3. Wartsila 15.3.4. YANMAR CO.LTD. 15.3.5. Caterpillar 15.3.6. Oceanvolt 15.3.7. Hyundai Heavy Industries Co. Ltd. 15.3.8. General Electric Company (U.S) 15.3.9. Siemens AG (Germany) 15.3.10. BAE Systems 15.3.11. Mitsubishi heavy Industries, Ltd. Japan 15.3.12. Torqeedo GmbH (Germany) 15.3.13. Steyr Motors GmbH (Austria) 15.3.14. Man Diesel and Turbo SE (Germany) 15.3.15. Schottel GmbH (Germany) Primary Key Insights
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