Growing number of vessels and the increasing expenditure on submarines and ships by military and navy across emerging economies, are forcing companies to develop marine power supply devices to continue the profitability of the market.
Marine Power Systems Market contains market size and forecasts of Marine Power Systems in Global, including the following market information:
- Global Marine Power Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global top five companies in 2021 (%)
The global Marine Power Systems market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Internal Lighting Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Marine Power Systems include Emerson Electric, Schneider Electric, ABB, Exide Industries, EnerSys, HBL Power Systems, Systems Sunlight, Eaton and Powerbox International, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Marine Power Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Marine Power Systems Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Marine Power Systems Market Segment Percentages, by Type, 2021 (%)
- Internal Lighting
- Navigation Lighting
- Communication System
- Surveillance System
- Engine Control
- Others
Global Marine Power Systems Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Marine Power Systems Market Segment Percentages, by Application, 2021 (%)
- Small Recreational Boats
- On-Water Commercial Boats
- Autonomous Underwater Vehicle (AUV)
- Others
Global Marine Power Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Marine Power Systems Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Marine Power Systems revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies Marine Power Systems revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Emerson Electric
- Schneider Electric
- ABB
- Exide Industries
- EnerSys
- HBL Power Systems
- Systems Sunlight
- Eaton
- Powerbox International
- ENAG
- Marine Electric Systems
- Newmar
Industry Market Size
