Need to Curb Carbon Emissions Stimulates use of Hybrid Propulsion Systems for Marine Vehicles

Transparency Market
Research
Marine Hybrid Propulsion Market - Global Industry Analysis,
Size, Share, Growth, Trends, and Forecast 2014 - 2022
Published Date
22-June-2015
139 Page Report
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Press Release
Marine Hybrid Propulsion Market Revenue is anticipated to Reach
USD 4,455.88 Million by 2022:Transparency Market Research
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Marine Hybrid Propulsion Market
REPORT DESCRIPTION
Marine Hybrid Propulsion Market - Global Industry Analysis, Size, Share, Growth, Trends, and
Forecast 2014 - 2022
Transparency Market Research has released a new market report titled Marine Hybrid Propulsion Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2022. According to this report,
The global revenue for marine hybrid propulsion systems stood at USD 2,240.00 million in 2013 and is
expected to reach USD 4,455.88 million by 2022 at a CAGR of 8.02% from 2014 to 2022.
Browse Marine Hybrid Propulsion Market Report with Full TOC at
http://www.transparencymarketresearch.com/marine-hybrid-propulsion-market.html
The primary beneficiaries of the flexibility of marine hybrid propulsion systems are marine vessels with
several varying load profiles. Vessel operators are facing several operational challenges in the face of
growing environmental restrictions and fluctuating fuel prices. Investment in marine hybrid propulsion
systems is an effective means to meet the current marine operating requirements. Fuel charges account
for a significant share of a vessel’s operating expenditure. As a result, shipping liners are adopting efficient
fuel technologies such as hybrid propulsion to increase profit margins. In this report, marine vessels have
been broadly segmented into four categories on the basis adoption of marine hybrid propulsion systems.
Tugboats and offshore support vessels, ferries, defense vessels, and other vessels (others) are the major
segments considered in this report. The others segment primarily comprises luxury boats, yachts, and
autonomous underwater vehicles.
Currently, ferry operators are the major adopters of marine hybrid propulsion systems across the world.
These vessels primarily operate in coastal areas and inland waterways, where emission norms are more
stringent than in deep-sea areas. Tugboats and offshore support vessels have been identified as among the
most lucrative segments in terms of investment in marine hybrid propulsion technology. Tugboats are
among the essential vessels used primarily within port limits to maneuver large vessels. These boats are
designed to perform a wide variety of tasks across the entire power spectrum. It has been observed that
tugboats and offshore support vessels operate at low engine load most of the time. Marine hybrid
propulsion systems are designed to take advantage of the duty cycle variability, which ultimately improves
the fuel efficiency of the tugboat and offshore support vessels. Luxury yachts and small tourist boats are
also emerging as one of the major adopters of marine hybrid propulsion systems. As a result, several yacht
and boat designers are developing new hybrid models to attract more investment in this market.
In terms of configuration, the market has been segmented into three categories as diesel-electric, parallel,
and serial hybrid systems. Diesel-electric systems are the most widely used technology configuration in
the marine hybrid propulsion market. However, this configuration does not strictly fit the criteria of marine
hybrid propulsion system, as there is no facility for the storage of electric energy in this system. Although
diesel-electric configuration continues to remain the dominant product type in this market, parallel and
serial systems are anticipated to witness attractive growth rate in the future. Some of the major companies
operating in this market are Siemens AG, General Electric, Rolls-Royce plc, BAE Systems plc, MAN Diesel &
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Marine Hybrid Propulsion Market
Turbo SE, Caterpillar Inc., Aspin Kemp & Associates, and SCHOTTEL Group. Overall, the investment outlook
for the marine hybrid propulsion market is positive globally with a slightly greater preference for tugboats
and ferry installations.
The global market for marine hybrid propulsion systems has been segmented as follows:
Marine Hybrid Propulsion Market: Configuration Analysis
•
Diesel-electric
•
Parallel
•
Serial
Marine Hybrid Propulsion Market: End-use Analysis
•
Tugboats & OSVs
•
Ferries
•
Defense Vessels
•
Others
Marine Hybrid Propulsion Market: Regional Analysis
North America
U.S.
Rest of North America
Europe
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Marine Hybrid Propulsion Market
Norway
Netherlands
U.K.
Rest of Europe
Asia Pacific
China
Japan
Singapore
Rest of Asia Pacific
South & Central America
Middle East
Africa
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TABLE OF CONTENT
Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
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Marine Hybrid Propulsion Market
Chapter 2 Executive Summary
2.1 Global Marine Hybrid Propulsion Market
Chapter 3 Marine Hybrid Propulsion Market – Industry Analysis
3.1 Introduction
3.2 Market Drivers
3.2.1 Increasing Investments by Shipping Companies in Fuel Efficient & Clean Fuel Systems Boost
Adoption of Hybrid Propulsion Systems
3.2.1.1 Fuel Consumption Rate of Conventional and Hybrid Marine Propulsion Systems
3.2.2 Flexible Power and Design Configuration Requirements in Offshore Support Vessels and Anchor
Handling Systems
3.3 Market Restraints
3.3.1 Usage of Clean Fuel in Conventional Propulsion Systems Significantly Impacts Adoption of Hybrid
Propulsion Systems
3.4 Market Opportunities
3.4.1 Expansion of ECAs to Augment Demand for Marine Hybrid Propulsion Systems
3.4.1.1 Existing and Future Emission Control Areas
3.5 Value Chain Analysis: Marine Hybrid Propulsion Market
3.6 Porter’s Five Forces Analysis: Marine Hybrid Propulsion Market
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of New Entrants
3.6.4 Degree of Competition
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3.6.5 Threat of Substitutes
3.7 Market Attractive Analysis
Chapter 4 Marine Hybrid Propulsion Market – Configuration Analysis
4.1 Global Marine Hybrid Propulsion Market: Configuration Segment Analysis
4.1.1 Global Marine Hybrid Propulsion Market Revenue Share, by Configuration, 2013 and 2022
4.2 Diesel-electric
4.2.1 Global Marine Hybrid Propulsion Market by Diesel-electric, 2013 – 2022 (USD Million)
4.2.2 Global Diesel-Electric Configuration Market Revenue Estimate and Forecast, by Region, 2013 –
2022 (USD Million)
4.3 Parallel Hybrid
4.3.1 Global Marine Hybrid Propulsion Market by Parallel Hybrid, 2013 – 2022 (USD Million)
4.3.2 Global Parallel Hybrid Configuration Market Revenue Estimate and Forecast, by Region, 2013 –
2022 (USD Million)
4.4 Serial Hybrid
4.4.1 Global Marine Hybrid Propulsion Market by Serial Hybrid, 2013 – 2022 (USD Million)
4.4.2 Global Serial Hybrid Configuration Market Revenue Estimate and Forecast, by Region, 2013 –
2022 (USD Million)
Chapter 5 Marine Hybrid Propulsion Market – End-use Analysis
5.1 Global Marine Hybrid Propulsion Market: End-use Analysis
5.1.1 Global Marine Hybrid Propulsion Market Revenue Share, by End-use, 2013 and 2022
5.2 Tugboats & Offshore Support Vessels
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5.2.1 Global Marine Hybrid Propulsion Market by Tugboats & Offshore Support Vessels, 2013 – 2022
(USD Million)
5.2.2 Global Hybrid Tugboats & Offshore Support Vessels Market Revenue Estimate and Forecast, by
Region, 2013 – 2022 (USD Million)
5.3 Ferries
5.3.1 Global Marine Hybrid Propulsion Market by Ferries, 2013 – 2022 (USD Million)
5.3.2 Global Hybrid Ferries Market Revenue Estimate and Forecast, by Region, 2013 – 2022 (USD
Million)
5.4 Defense Vessels
5.4.1 Global Marine Hybrid Propulsion Market by Defense Vessels, 2013 – 2022 (USD Million)
5.4.2 Global Hybrid Defense Vessels Market Revenue Estimate and Forecast, by Region, 2013 – 2022
(USD Million)
5.5 Others
5.5.1 Global Marine Hybrid Propulsion Market by Others, 2013 – 2022 (USD Million)
5.5.2 Global Hybrid Other Vessels Market Revenue Estimate and Forecast, by Region, 2013 – 2022 (USD
Million)
Chapter 6 Marine Hybrid Propulsion Market: Regional Analysis
6.1 Marine Hybrid Propulsion Market: Regional overview
6.1.1 Global Marine Hybrid Propulsion Market, Revenue Share by Region, 2013 and 2022
6.2 North America
6.2.1 North America Marine Hybrid Propulsion Market Estimates and Forecast, 2013 – 2022 (USD
Million)
6.2.2 U.S.
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6.2.2.1 U.S. Marine Hybrid Propulsion Market Estimates and Forecast, 2013 – 2022 (USD Million)
6.2.2.2 U.S. Marine Hybrid Propulsion Market Estimate and Forecast, by Configuration, 2013 –
2022 (USD Million)
6.2.2.3 U.S. Marine Hybrid Propulsion Market Estimate and Forecast, by End-use, 2013 – 2022
(USD Million)
6.2.3 Rest of North America
6.2.3.1 Rest of North America Marine Hybrid Propulsion Market Estimates and Forecast, 2013 –
2022 (USD Million)
6.2.3.2 Rest of North America Marine Hybrid Propulsion Market Estimate and Forecast, by
Configuration, 2013 – 2022 (USD Million)
6.2.3.3 Rest of North America Marine Hybrid Propulsion Market Estimate and Forecast, by End-use,
2013 – 2022 (USD Million)
6.2.4 North America Marine Hybrid Propulsion Market Estimate and Forecast, by Configuration, 2013 –
2022 (USD Million)
6.2.5 North America Marine Hybrid Propulsion Market Estimate and Forecast, by End-use, 2013 – 2022
(USD Million)
6.3 Europe
6.3.1 Europe Marine Hybrid Propulsion Market Estimates and Forecast, 2013 – 2022 (USD Million)
6.3.2 The Netherlands
6.3.2.1 The Netherlands Marine Hybrid Propulsion Market Estimates and Forecast, 2013 – 2022
(USD Million)
6.3.2.2 The Netherlands Marine Hybrid Propulsion Market Estimate and Forecast, by Configuration,
2013 – 2022 (USD Million)
6.3.2.3 The Netherlands Marine Hybrid Propulsion Market Estimate and Forecast, by End-use, 2013
– 2022 (USD Million)
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6.3.3 The U.K.
6.3.3.1 The U.K. Marine Hybrid Propulsion Market Estimates and Forecast, 2013 – 2022 (USD
Million)
6.3.3.2 The U.K. Marine Hybrid Propulsion Market Estimate and Forecast, by Configuration, 2013 –
2022 (USD Million)
6.3.3.3 The U.K. Marine Hybrid Propulsion Market Estimate and Forecast, by End-use, 2013 – 2022
(USD Million)
6.3.4 Norway
6.3.4.1 Norway Marine Hybrid Propulsion Market Estimates and Forecast, 2013 – 2022 (USD
Million)
6.3.4.2 Norway Marine Hybrid Propulsion Market Estimate and Forecast, by Configuration, 2013 –
2022 (USD Million)
6.3.4.3 Norway Marine Hybrid Propulsion Market Estimate and Forecast, by End-use, 2013 – 2022
(USD Million)
6.3.5 Rest of Europe
6.3.5.1 Rest of Europe Marine Hybrid Propulsion Market Estimates and Forecast, 2013 – 2022 (USD
Million)
6.3.5.2 Rest of Europe Marine Hybrid Propulsion Market Estimate and Forecast, by Configuration,
2013 – 2022 (USD Million)
6.3.5.3 Rest of Europe Marine Hybrid Propulsion Market Estimate and Forecast, by End-use, 2013 –
2022 (USD Million)
6.3.6 Europe Marine Hybrid Propulsion Market Estimate and Forecast, by Configuration, 2013 – 2022
(USD Million)
6.3.7 Europe Marine Hybrid Propulsion Market Estimate and Forecast, by End-use, 2013 – 2022 (USD
Million)
6.4 Asia Pacific
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6.4.1 Asia Pacific Marine Hybrid Propulsion Market Estimates and Forecast, 2013 – 2022 (USD Million)
6.4.2 China
6.4.2.1 China Marine Hybrid Propulsion Market Estimates and Forecast, 2013 – 2022 (USD Million)
6.4.2.2 China Marine Hybrid Propulsion Market Estimate and Forecast, by Configuration, 2013 –
2022 (USD Million)
6.4.2.3 China Marine Hybrid Propulsion Market Estimate and Forecast, by End-use, 2013 – 2022
(USD Million)
6.4.3 Japan
6.4.3.1 Japan Marine Hybrid Propulsion Market Estimates and Forecast, 2013 – 2022 (USD Million)
6.4.3.2 Japan Marine Hybrid Propulsion Market Estimate and Forecast, by Configuration, 2013 –
2022 (USD Million)
6.4.3.3 Japan Marine Hybrid Propulsion Market Estimate and Forecast, by End-use, 2013 – 2022
(USD Million)
6.4.4 Singapore
6.4.4.1 Singapore Marine Hybrid Propulsion Market Estimates and Forecast, 2013 – 2022 (USD
Million)
6.4.4.2 Singapore Marine Hybrid Propulsion Market Estimate and Forecast, by Configuration, 2013
– 2022 (USD Million)
6.4.4.3 Singapore Marine Hybrid Propulsion Market Estimate and Forecast, by End-use, 2013 –
2022 (USD Million)
6.4.5 Rest of Asia Pacific
6.4.5.1 Rest of Asia Pacific Marine Hybrid Propulsion Market Estimates and Forecast, 2013 – 2022
(USD Million)
6.4.5.2 Rest of Asia Pacific Marine Hybrid Propulsion Market Estimate and Forecast, by
Configuration, 2013 – 2022 (USD Million)
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6.4.5.3 Rest of Asia Pacific Marine Hybrid Propulsion Market Estimate and Forecast, by End-use,
2013 – 2022 (USD Million)
6.4.6 Asia Pacific Marine Hybrid Propulsion Market Estimate and Forecast, by Configuration, 2013 –
2022 (USD Million)
6.4.7 Asia Pacific Marine Hybrid Propulsion Market Estimate and Forecast, by End-use, 2013 – 2022
(USD Million)
6.5 South & Central America
6.5.1 South & Central America Marine Hybrid Propulsion Market Estimates and Forecast, 2013 – 2022
(USD Million)
6.5.2 South & Central America Marine Hybrid Propulsion Market Estimate and Forecast, by
Configuration, 2013 – 2022 (USD Million)
6.5.3 South & Central America Marine Hybrid Propulsion Market Estimate and Forecast, by End-use,
2013 – 2022 (USD Million)
6.6 Africa
6.6.1 Africa Marine Hybrid Propulsion Market Estimates and Forecast, 2013 – 2022 (USD Million)
6.6.2 Africa Marine Hybrid Propulsion Market Estimate and Forecast, by Configuration, 2013 – 2022
(USD Million)
6.6.3 Africa Marine Hybrid Propulsion Market Estimate and Forecast, by End-use, 2013 – 2022 (USD
Million)
6.7 The Middle East
6.7.1 The Middle East Marine Hybrid Propulsion Market Estimates and Forecast, 2013 – 2022 (USD
Million)
6.7.2 The Middle East Marine Hybrid Propulsion Market Estimate and Forecast, by Configuration, 2013 –
2022 (USD Million)
6.7.3 The Middle East Marine Hybrid Propulsion Market Estimate and Forecast, by End-use, 2013 – 2022
(USD Million)
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Marine Hybrid Propulsion Market
Chapter 7 Company Profiles
7.1 Siemens AG
7.1.1 Company Overview
7.1.2 Financial Overview
7.1.3 Business Strategies
7.1.4 Recent Developments
7.2 General Electric
7.2.1 Company Overview
7.2.2 Financial Overview
7.2.3 Business Strategies
7.2.4 Recent Developments
7.3 Rolls-Royce plc
7.3.1 Company Overview
7.3.2 Financial Overview
7.3.3 Business Strategies
7.3.4 Recent Developments
7.4 BAE Systems plc
7.4.1 Company Overview
7.4.2 Financial Overview
7.4.3 Business Strategies
7.4.4 Recent Developments
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Marine Hybrid Propulsion Market
7.5 Imtech Marine
7.5.1 Company Overview
7.5.2 Financial Overview
7.5.3 Business Strategies
7.5.4 Recent Developments
7.6 Wartsila
7.6.1 Company Overview
7.6.2 Financial Overview
7.6.3 Business Strategies
7.6.4 Recent Developments
7.7 MAN Diesel & Turbo SE
7.7.1 Company Overview
7.7.2 Financial Overview
7.7.3 Business Strategies
7.7.4 Recent Developments
7.8 Caterpillar Inc.
7.8.1 Company Overview
7.8.2 Financial Overview
7.8.3 Business Strategies
7.8.4 Recent Developments
7.9 Torqeedo GmbH
7.9.1 Company Overview
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7.9.2 Financial Overview
7.9.3 Business Strategies
7.9.4 Recent Developments
7.10 Aspin Kemp & Associates
7.10.1 Company overview
7.10.2 Financial Overview
7.10.3 Business strategies
7.10.4 Recent developments
7.11 Alewijnse Holding B.V
7.11.1 Company Overview
7.11.2 Financial Overview
7.11.3 Business strategies
7.11.4 Recent Developments
7.12 STEYR MOTORS GmbH
7.12.1 Company overview
7.12.2 Financial Overview
7.12.3 Business strategies
7.12.4 Recent developments
7.13 SCHOTTEL Group
7.13.1 Company Overview
7.13.2 Financial Overview
7.13.3 Business Strategies
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7.13.4 Recent Developments
7.14 UQM Technologies, Inc
7.14.1 Company Overview
7.14.2 Financial Overview
7.14.3 Business Strategies
7.14.4 Recent Developments
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At present, economical fuel use in marine vehicles is the need of the times. This has to be carried out keeping with environmental safety norms and not sacrificing on the propulsion efficiency and ship performance. Due to fluctuations in fuel prices in recent years along with new environmental regulations pertaining to greenhouse gas emissions, ship owners are seeking alternative propulsion and power plant systems for enhanced efficiency and reduction of emissions, says a new report by Transparency Market Research. Request free Sample pages of premium Research Report : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3911