Military Marine Engine Market 2017 Share, Trend and Forecast Military Marine Engine Market | Page 2
ministry globally. The hybrid electric propulsion systems consists of a gas turbine
engine, an electric motor and a diesel generator. The electric motor helps the ship
to propel at a speed around 12 knots, and the diesel generator is used to power up
the electricity of the ship. In case of travelling at a higher speed, gas turbine
engines are used to propel the ship at a higher speed than 12 knots, and at the
same time, the diesel generators can be used to electrify the ship as well as the
integrated systems such as different electronics, weapons and sensor. Thus, hybrid
electric propulsion engines are expected to boost the market for military marine
engines in future.
The military marine engines market is segmented on basis on engines, fuel,
application and geography. Gas fuelled engines, diesel fuelled engines, steam
turbine engines, fuel cell engines, and nuclear propulsion engines are the types of
military marine engines. The military marine engine uses different fuel to propel the
ship which includes, heavy fuel oil, marine diesel oil, marine gas oil, intermediate
fuel oil, and others. The marine diesel oil is the most widely used fuel for the aircraft
carriers, frigates and corvettes. The marine engines are applicable in a number of
naval ships such as aircraft carriers, vehicle transporters, corvettes, frigates,
cruisers, destroyers, and large patrol vessels among others. Geographically, the
market for military marine engines is categorized as North America, Europe, Asia
Pacific, Middle East and Africa and Latin America. North America dominates the
military marine engines market as extensive research and developments are being
carried out in the region. The second largest market is Europe followed by Asia
Pacific.
The key leaders in the market for military marine engines are Caterpillar Inc., MAN
Diesel & Turbo Se, Mitsubishi Heavy Industries, Volvo Group, Rolls Royce, Scania AB,
Cummins Inc., Daihatsu Diesel MFG. Co. Ltd., and Brunswick Corporation.
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