Military Marine Engine Market 2017 Share, Trend and Forecast Military Marine Engine Market

Military Marine Engine Market - Global Industry
Analysis, Size, Share, Growth, Trends, and
Forecast 2017 - 2025
The military forces across the globe uses naval ships for a wide range of
applications, which requires different engines for different purpose. The most widely
used marine engines are gas turbine engines and outboard motors for the fast
moving ships while two strokes or four strokes engines are also used in relatively
slow moving ships. The icebreakers or warships are propelled by the steam
produced from nuclear reactors and electric motors are also used to propel
submarines or electric boats for energy efficient propulsion. Recently developed,
liquefied natural gas fuelled engines are being adopted rapidly, due to their
advantages of low cost and low emission.
The rise in use of military naval ships is increasing the demand for military marine
engines which is driving the market for the same. The various types of military
naval ships includes aircraft carriers, destroyers, frigates, and cruisers among
others uses different engines for different purposes such as gas fuelled engines,
diesel fuelled engines, steam turbine engines, fuel cell engines, and nuclear
propulsion engines among others. Another most prominent driving factor is the rise
in low cost engines which is helping the military forces to incorporate the engines
on to their ships at a reduced cost.
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marine-engine-market.html
The major factor acting as an inhibiting factor to the growth of the market for
military marine engines is the stringent emission rules for diesel powered engines.
The diesel powered engines emits harmful and toxic gases due to which the
government of different regions across the globe are discontinuing the usage of the
diesel power engine ships. Moreover, increase in oil prices have also impacted
negatively on the marine engine market. Due to the hike in oil prices worldwide, the
defense forces are facing challenges to operate sufficient number of ships which in
turn is limiting the manufacturers of military marine engines to develop or new
engines or modify the existing engine. The surging oil prices is hindering the market
for military marine engines to grow in future.
The military marine engines market have potential opportunities to grow in future
with the use of hybrid-electric propulsion engines. Hybrid-electric propulsion
engines are being adopted heavily by the navy across the globe with an objective to
reduce the usage of fuel, which acts as a cost efficient process for the defense