Global Marine
Hybrid Propulsion System Market Overview
The development of the
maritime sector is accredited to the progress in technologies such as marine
hybrid propulsion system. Market reports related to the energy and power
industry have been presented by Market Research Future which makes reports on
other industry verticals that aims to analyze the current market scenarios
better. The Marine Hybrid
Propulsion System Market Size is anticipated to advance
at a 6.5% CAGR in the period of the forecast.
Electric auxiliary power is
generated by diesel generators sets. The electric motor can also act as a generator,
through which the generators can produce less power. However, the main engines
should then provide this power. Marine hybrid propulsion system is a new type
of dynamic form. The hybrid propulsion system has been widely used in passenger
ships, marine work ship and public service and so on. For different types of
ships, the propulsion system of the host type and number, transmission mode,
gear box device, the number of shaft and bearing as well as the propeller
device models and numbers are not the same. Marine hybrid propulsion systems are gradually
emerging as one of the most preferred clean propulsion systems, globally and
are being used in several vessel categories.
Leading Players
in the Global Marine Hybrid Propulsion System Market analyzed are:
The significant competitors
in the marine hybrid propulsion system market are Siemens AG (Germany),
Caterpillar Inc. (U.S.), Mitsubishi Heavy Industries, Ltd. (Japan), Torqeedo
GmbH (Germany), Steyr Motors GmbH (Austria), General Electric Company (U.S.), Wartsila
Corporation (Finland), ABB Ltd. (Switzerland), MAN Diesel & Turbo SE
(Germany), BAE Systems (U.K), Schottel GmbH (Germany) and Rolls-Royce plc
(U.K.).
Global Marine Hybrid Propulsion System
Market Segmental Analysis:
The segmental analysis of
the marine hybrid propulsion system market
has been segmented on the basis of deadweight, type, ship type, application,
and region.
By Type
- Diesel-Electric
- Gas-Electric
- Others
By Deadweight
- Less Than 5K DWT
- 5K-10K DWT
- More Than 10K DWT
By Application
- Commercial
- Logistics
- Offshore Drilling
- Naval
- Others
By Ship Type
- Anchor Handling Tug Supply (AHTS) vessels
- Platform Supply Vessel (PSV)
- Yachts
- Motor Ferry
- Cruise Liner
- Small Cargo Ships
- Naval Ships
- Submarines
By Regions
- North America
- Asia Pacific
- Europe
- Rest of the World
Regional Analysis
The regional analysis of the
marine hybrid propulsion system comprises of regions such as North America,
Europe, Asia Pacific and rest of the world.
The expansion of the market
is attributed to the substantial growth in the application of hybrid marine
propulsion system to the recently built ships coupled with the upsurge in
marine activity globally. The market progress of marine hybrid propulsion
system is principally accredited to the strict regulations for emissions at sea
level, and also has improved the marine hybrid propulsion system market in
several countries, which is expected to endure during the forecast years.
The European region has
accounted for the chief share of the marine hybrid propulsion system market in
2016, where Norway, U.K., Poland, and other well-known shipbuilding nations
added, to the market development. Moreover, the Asia Pacific region is expected
to appear as one of the important markets for this technology owing to the
present deployment of the advanced marine hybrid propulsion system in the
recently built ships.
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