Portland, OR -- (SBWIRE) -- 06/13/2017 -- Marine engines are used to provide power to marine vehicles like ships, submarines and boats. These engines consist of different components including crankshaft, liner, pistons, bedplate and head. They are constructed with corrosion inhibiting materials and their seals & bearings are especially designed for sea operating environment. The emergence of new technologies in marine engine market has addressed the regulations pertaining emission of harmful gases. Properties like high performance, durability, fuel efficiency, low emissions, quiet operation and easy maintenance make marine engines ideal for marine applications.

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Volvo Penta introduced D8 marine engine with high performance, flexibility & fuel efficiency to meet the increasing demand of diesel engine of 550-600 horsepower in 2016. The power to weight ratio of these marine engines is excellent. Rolls-Royce Limited has completed their gas marine engine MTU testing which is comparatively environment friendly for marine applications in 2016. The engines will be out for commercial use in 2018. For capacity utilization purposes, Opel AG launched 2l diesel engine offering 147 kW/200 hp and excellent torque of 400 Nm. In addition, studies are going on regarding the use of recycled plastic fuels for marine engines.

Comprehensive competitive analysis and profiles of major market players such as Caterpillar Corporate (U.S.), Cummins Inc. (U.S.), MAN Diesel & Turbo SE (Germany), Rolls-Royce Limited (UK), Wartsila Corporation (Finland), Hyundai Heavy Industries(South Korea), Mitsubishi Heavy Industries Ltd. (Japan), GM Powertrain (Italy), Mercury Marine (U.S.) and Sumitomo Heavy Industries (Japan) is also provided in the report.

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MARINE ENGINE MARKET KEY SEGMENTS:

Market by Type

-Propulsion Engines
-Two Stroke
-Four Stroke
-Diesel Electric
-Gas Turbine
-Generator Drive Engines
-Auxiliary Engines
-Market by Fuel
-Heavy Fuel Oil
-Intermediate Fuel Oil
-Marine Diesel Oil
-Marine Gas Oil

Market by Applications

-Commercial Vessels
-Offshore Support Vessels
-Inland Waterways Vessels

Market by Geography

-North America
U.S.
Canada
Mexico
Others

-Europe
Germany
France
Spain
Others

-Asia-Pacific
China
Japan
India
Others

-LAMEA
South America
Brazil
Philippines