Ship Propulsion System Market
Ship Propulsion System Market Global Industry Assessment & Forecast
#
Pages:
151
2021
Nov - 2021
VMR-2021-0224
Segments Covered
By
Type Two-stroke, Four-stroke, Steam wheel, Gas-turbine, United propulsion, Others
-
By
Application Nomal transport ship, Large fast passenger ship, Marine cargo ship, Minitype yacht, Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
7.12 Billion |
 Revenue 2028:
|
20.23 Billion |
 Revenue CAGR
(2021 - 2028): |
2.98 |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2015 to 2019 |
| 3. | Forecast Data | 2021 to 2028 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
FAQ
Frequently Asked Question
What is the global demand for Ship Propulsion System in terms of revenue?
-
The global Ship Propulsion System valued at 7.12 Billion in 2020 and is expected to reach 20.23 Billion in 2028 growing at a CAGR of 2.98%.
Which are the prominent players in the market?
-
The prominent players in the market are Orbital ATK, 3W International GmbH, Rolls-Royce, Lockheed Martin, Honeywell, Thrustmaster, Aerojet Rocketdyne, Safran S.A, GKN Aerospace, GE, Northrop Grumman, United Technologies Corporation, Raytheon..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 2.98% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Ship Propulsion System include
- Nearly no noise, it is very small in size, it is light weight, it starts up immediately without needing to warm up, there is no exhaust smell which are some of the factors driving the market.
- Enviromentally friendly since it uses no oil or fossil fuels, one can recharge it with solar panels and wind generators, it acts as a hydrogenerator when sailing. No fuel filter to clog. These factors are also driving the market growth.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Ship Propulsion System in 2020.
