DUBLIN–(BUSINESS WIRE)–The “India Marine Engines Market, By Fuel Type (Diesel, Petrol, Gas), By Power (5 – 75 HP, 76 – 350 HP, 351 – 750 HP, and Above 751 HP), By End Use (Auxiliary & Propulsion), By Region, Competition, Forecast & Opportunities, 2026” report has been added to ResearchAndMarkets.com’s offering.
The Indian Marine Engines Market size stood at more than 13 thousand units in volume terms in 2019 and is forecast to continue growing over the next five years on account of increasing production and repair work of ships as well as growing export with foreign countries.
Moreover, presence of reputed marine engine manufacturers and merchant shipping companies in India is also fueling the demand for marine engines in the country.
The Indian Marine Engines Market can be segmented based on fuel type, power, end-use and region. Based on end-use, the Indian Marine Engines Market can be segmented into auxiliary and propulsion engines. Among these, in 2019, propulsion type acquired the largest market share in volume terms on account of increasing sales of ships, growing demand from crude oil industry and rising international seaborne trade.
Moreover, increasing seaborne trade activities and governments initiatives towards revival of inland water transportation system, etc., are expected to fuel the market for marine engines in India in the coming years. Based on fuel type, the market can be segmented into diesel, petrol and gas. Out of these, diesel engines accounted for the largest market share in volume terms in 2019 on account of higher efficiency in terms of fuel economy and lesser cost than petrol engines.
In terms of regional analysis, the market has been segmented into North, East, West and South region. Among these, West region accounted for the highest share in the Indian Marine Engines Market due to existence of a large number of active operational seaports in the country. However, due to the current economic slowdown and lockdown in entire country due to the spread of Coronavirus, Indian marine machinery and equipment industry is experiencing a degrowth at present, which has also directly affected India marine engines market.
Major players operating in the Indian Marine Engines Market include Yanmar Holdings Co., Ltd., John Deere India Private Limited, Mahindra & Mahindra Ltd, Simpson & Co. Ltd. and others which include Wartsila India Private Limited, Cummins India Ltd, Mitsubishi Heavy Industries, Hyundai Heavy Industries, etc.
Years considered for this report:
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on India Marine Engines Market
4. Executive Summary
5. Voice of Customer
5.1. Brand Awareness
5.2. Brand Recall
5.3. Overall Brand Satisfaction
5.3.1. Product Quality
5.3.2. Pricing
5.3.3. Product Availability
5.3.4. After-Sales Support
5.4. Challenges/Unmet Needs
6. India Marine Engines Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share & Forecast (Volume)
6.2.1. By Fuel Type (Diesel, Petrol, Gas)
6.2.2. By Power (5 – 75 HP, 76 – 350 HP, 351 – 750 HP, and Above 751 HP)
6.2.3. By End Use (Propulsion vs Auxiliary)
6.2.4. By Region (North, East, West, South)
6.2.5. By Company (2019)
6.3. Product Market Map
7. India Propulsion Marine Engines Market Outlook (Volume)
8. India Auxiliary Marine Engines Market Outlook (Volume)
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends & Developments
11. Policy & Regulatory Landscape
12. Import-Export Analysis
13. Pricing Analysis
14. India Economic Profile
15. Competitive Landscape
15.1. Competition Outlook
15.2. Company Profiles
15.2.1. Yanmar Holdings Co., Ltd.
15.2.2. John Deere India Private Limited
15.2.3. Mahindra & Mahindra Ltd
15.2.4. Simpson & Co. Ltd.
15.2.5. Wartsila India Private Limited
15.2.6. Scania CV India Pvt Ltd
15.2.7. Volvo Group
15.2.8. Cummins India Ltd
15.2.9. Hyundai Heavy Industries
15.2.10. Mitsubishi Heavy Industries
16. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/5qjmm2
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