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Electrical Propulsion System in Ships-Global Market Insights and Sales Trends 2024
Synopsis
This report mianly focus on Electrical Propulsion System in Ships market.
Electric power generation and propulsion is a solution optimized for an environmentally aware era, and which answers shipyard and ship-owner’s needs for fuel economy, higher flexibility (both for installation and operation), better comfort on board, increased availability and an inherent capacity to be configured for fault tolerance and graceful degradation.
The global Electrical Propulsion System in Ships market size is expected to reach US$ 1449.3 million by 2029, growing at a CAGR of 5.3% from 2023 to 2029. The market is mainly driven by the significant applications of Electrical Propulsion System in Ships in various end use industries. The expanding demands from the Military Ship, Marine Work Ship, Transport Ship and Others, are propelling Electrical Propulsion System in Ships market. Shaftline Propulsion, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Pod Propulsion segment is estimated at % CAGR for the next seven-year period.
With the increase in demand for alternative propulsion systems that not only improve the overall efficiency of the ship but also reduce the carbon footprints, innovators in the shipping industry are leaving no stone unturned to find a solution to this grave problem. With all the options presently available at hand, electric propulsion system seems to have a promising future.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electrical Propulsion System in Ships, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electrical Propulsion System in Ships market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electrical Propulsion System in Ships market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electrical Propulsion System in Ships sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electrical Propulsion System in Ships covered in this report include Wartsila, ABB, GE, Man, Siemens, Rolls-Royce, DAIHATSU DIESEL MFG, Yanmar and Leonardo DRS, etc.
The global Electrical Propulsion System in Ships market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Wartsila
ABB
GE
Man
Siemens
Rolls-Royce
DAIHATSU DIESEL MFG
Yanmar
Leonardo DRS
Ingeteam Marine
Global Electrical Propulsion System in Ships market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electrical Propulsion System in Ships market, Segment by Type:
Shaftline Propulsion
Pod Propulsion
Others
Global Electrical Propulsion System in Ships market, by Application
Military Ship
Marine Work Ship
Transport Ship
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Electrical Propulsion System in Ships companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
This report mianly focus on Electrical Propulsion System in Ships market.
Electric power generation and propulsion is a solution optimized for an environmentally aware era, and which answers shipyard and ship-owner’s needs for fuel economy, higher flexibility (both for installation and operation), better comfort on board, increased availability and an inherent capacity to be configured for fault tolerance and graceful degradation.
The global Electrical Propulsion System in Ships market size is expected to reach US$ 1449.3 million by 2029, growing at a CAGR of 5.3% from 2023 to 2029. The market is mainly driven by the significant applications of Electrical Propulsion System in Ships in various end use industries. The expanding demands from the Military Ship, Marine Work Ship, Transport Ship and Others, are propelling Electrical Propulsion System in Ships market. Shaftline Propulsion, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Pod Propulsion segment is estimated at % CAGR for the next seven-year period.
With the increase in demand for alternative propulsion systems that not only improve the overall efficiency of the ship but also reduce the carbon footprints, innovators in the shipping industry are leaving no stone unturned to find a solution to this grave problem. With all the options presently available at hand, electric propulsion system seems to have a promising future.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electrical Propulsion System in Ships, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electrical Propulsion System in Ships market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electrical Propulsion System in Ships market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electrical Propulsion System in Ships sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electrical Propulsion System in Ships covered in this report include Wartsila, ABB, GE, Man, Siemens, Rolls-Royce, DAIHATSU DIESEL MFG, Yanmar and Leonardo DRS, etc.
The global Electrical Propulsion System in Ships market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Wartsila
ABB
GE
Man
Siemens
Rolls-Royce
DAIHATSU DIESEL MFG
Yanmar
Leonardo DRS
Ingeteam Marine
Global Electrical Propulsion System in Ships market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electrical Propulsion System in Ships market, Segment by Type:
Shaftline Propulsion
Pod Propulsion
Others
Global Electrical Propulsion System in Ships market, by Application
Military Ship
Marine Work Ship
Transport Ship
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Electrical Propulsion System in Ships companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Electrical Propulsion System in Ships
1.1 Electrical Propulsion System in Ships Market Overview
1.1.1 Electrical Propulsion System in Ships Product Scope
1.1.2 Electrical Propulsion System in Ships Market Status and Outlook
1.2 Global Electrical Propulsion System in Ships Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Electrical Propulsion System in Ships Market Size by Region (2018-2029)
1.4 Global Electrical Propulsion System in Ships Historic Market Size by Region (2018-2023)
1.5 Global Electrical Propulsion System in Ships Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Electrical Propulsion System in Ships Market Size (2018-2029)
1.6.1 North America Electrical Propulsion System in Ships Market Size (2018-2029)
1.6.2 Europe Electrical Propulsion System in Ships Market Size (2018-2029)
1.6.3 Asia-Pacific Electrical Propulsion System in Ships Market Size (2018-2029)
1.6.4 Latin America Electrical Propulsion System in Ships Market Size (2018-2029)
1.6.5 Middle East & Africa Electrical Propulsion System in Ships Market Size (2018-2029)
2 Electrical Propulsion System in Ships Market by Type
2.1 Introduction
2.1.1 Shaftline Propulsion
2.1.2 Pod Propulsion
2.1.3 Others
2.2 Global Electrical Propulsion System in Ships Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Electrical Propulsion System in Ships Historic Market Size by Type (2018-2023)
2.2.2 Global Electrical Propulsion System in Ships Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Electrical Propulsion System in Ships Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Electrical Propulsion System in Ships Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Electrical Propulsion System in Ships Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Electrical Propulsion System in Ships Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Electrical Propulsion System in Ships Revenue Breakdown by Type (2018-2029)
3 Electrical Propulsion System in Ships Market Overview by Application
3.1 Introduction
3.1.1 Military Ship
3.1.2 Marine Work Ship
3.1.3 Transport Ship
3.1.4 Others
3.2 Global Electrical Propulsion System in Ships Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Electrical Propulsion System in Ships Historic Market Size by Application (2018-2023)
3.2.2 Global Electrical Propulsion System in Ships Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Electrical Propulsion System in Ships Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Electrical Propulsion System in Ships Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Electrical Propulsion System in Ships Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Electrical Propulsion System in Ships Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Electrical Propulsion System in Ships Revenue Breakdown by Application (2018-2029)
4 Electrical Propulsion System in Ships Competition Analysis by Players
4.1 Global Electrical Propulsion System in Ships Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Electrical Propulsion System in Ships as of 2022)
4.3 Date of Key Players Enter into Electrical Propulsion System in Ships Market
4.4 Global Top Players Electrical Propulsion System in Ships Headquarters and Area Served
4.5 Key Players Electrical Propulsion System in Ships Product Solution and Service
4.6 Competitive Status
4.6.1 Electrical Propulsion System in Ships Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Wartsila
5.1.1 Wartsila Profile
5.1.2 Wartsila Main Business
5.1.3 Wartsila Electrical Propulsion System in Ships Products, Services and Solutions
5.1.4 Wartsila Electrical Propulsion System in Ships Revenue (US$ Million) & (2018-2023)
5.1.5 Wartsila Recent Developments
5.2 ABB
5.2.1 ABB Profile
5.2.2 ABB Main Business
5.2.3 ABB Electrical Propulsion System in Ships Products, Services and Solutions
5.2.4 ABB Electrical Propulsion System in Ships Revenue (US$ Million) & (2018-2023)
5.2.5 ABB Recent Developments
5.3 GE
5.3.1 GE Profile
5.3.2 GE Main Business
5.3.3 GE Electrical Propulsion System in Ships Products, Services and Solutions
5.3.4 GE Electrical Propulsion System in Ships Revenue (US$ Million) & (2018-2023)
5.3.5 Man Recent Developments
5.4 Man
5.4.1 Man Profile
5.4.2 Man Main Business
5.4.3 Man Electrical Propulsion System in Ships Products, Services and Solutions
5.4.4 Man Electrical Propulsion System in Ships Revenue (US$ Million) & (2018-2023)
5.4.5 Man Recent Developments
5.5 Siemens
5.5.1 Siemens Profile
5.5.2 Siemens Main Business
5.5.3 Siemens Electrical Propulsion System in Ships Products, Services and Solutions
5.5.4 Siemens Electrical Propulsion System in Ships Revenue (US$ Million) & (2018-2023)
5.5.5 Siemens Recent Developments
5.6 Rolls-Royce
5.6.1 Rolls-Royce Profile
5.6.2 Rolls-Royce Main Business
5.6.3 Rolls-Royce Electrical Propulsion System in Ships Products, Services and Solutions
5.6.4 Rolls-Royce Electrical Propulsion System in Ships Revenue (US$ Million) & (2018-2023)
5.6.5 Rolls-Royce Recent Developments
5.7 DAIHATSU DIESEL MFG
5.7.1 DAIHATSU DIESEL MFG Profile
5.7.2 DAIHATSU DIESEL MFG Main Business
5.7.3 DAIHATSU DIESEL MFG Electrical Propulsion System in Ships Products, Services and Solutions
5.7.4 DAIHATSU DIESEL MFG Electrical Propulsion System in Ships Revenue (US$ Million) & (2018-2023)
5.7.5 DAIHATSU DIESEL MFG Recent Developments
5.8 Yanmar
5.8.1 Yanmar Profile
5.8.2 Yanmar Main Business
5.8.3 Yanmar Electrical Propulsion System in Ships Products, Services and Solutions
5.8.4 Yanmar Electrical Propulsion System in Ships Revenue (US$ Million) & (2018-2023)
5.8.5 Yanmar Recent Developments
5.9 Leonardo DRS
5.9.1 Leonardo DRS Profile
5.9.2 Leonardo DRS Main Business
5.9.3 Leonardo DRS Electrical Propulsion System in Ships Products, Services and Solutions
5.9.4 Leonardo DRS Electrical Propulsion System in Ships Revenue (US$ Million) & (2018-2023)
5.9.5 Leonardo DRS Recent Developments
5.10 Ingeteam Marine
5.10.1 Ingeteam Marine Profile
5.10.2 Ingeteam Marine Main Business
5.10.3 Ingeteam Marine Electrical Propulsion System in Ships Products, Services and Solutions
5.10.4 Ingeteam Marine Electrical Propulsion System in Ships Revenue (US$ Million) & (2018-2023)
5.10.5 Ingeteam Marine Recent Developments
6 North America
6.1 North America Electrical Propulsion System in Ships Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Electrical Propulsion System in Ships Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Electrical Propulsion System in Ships Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Electrical Propulsion System in Ships Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Electrical Propulsion System in Ships Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Electrical Propulsion System in Ships Market Dynamics
11.1 Electrical Propulsion System in Ships Industry Trends
11.2 Electrical Propulsion System in Ships Market Drivers
11.3 Electrical Propulsion System in Ships Market Challenges
11.4 Electrical Propulsion System in Ships Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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