Global Marine Auxiliary Engine Market 2017-2021

LONDON, Feb. 20, 2017 /PRNewswire/ -- Marine auxiliary engines are used for generating electricity to power electronic devices and equipment on board marine vessels, whereas the main diesel engine is used for propulsion of the ship. Initially, steam turbines were used for marine propulsion, later they were replaced by diesel, Liquefied Natural Gas (LNG), nuclear, and other fuels.

Technavio's analysts forecast the global marine auxiliary engine market to grow at a CAGR of 2.96% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global marine auxiliary engine market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of marine auxiliary engines.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio™'s report, Global Marine Auxiliary Engine Market 2017-2021, 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.

Key vendors
- Caterpillar
- Cummins
- Doosan Infracore
- Wärtsilä
- Yanmar

Other prominent vendors
- Volvo Penta
- Daihatsu
- SCANIA
- Megatech Power
- John Deere
- Kubota
- GE
- MTU
- Perkins
- Mitsubishi Heavy Industries

Market driver
- Energy demand fueling growth of FPSO vessels
- For a full, detailed list, view our report

Market challenge
- Stringent emission regulations
- For a full, detailed list, view our report

Market trend
- Emergence of turbochargers in marine auxiliary engines
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Download the full report: https://www.reportbuyer.com/product/4706494/

Methodology  
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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