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Press release content from BusinessWire. The AP news staff was not involved in its creation.

Global Military Marine Vessel Engines Market - Outlook to 2026 by Propulsion and Vessel - ResearchAndMarkets.com

January 18, 2019

DUBLIN--(BUSINESS WIRE)--Jan 18, 2019--The “Military Marine Vessel Engines - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.

According to this report, the Global Military Marine Vessel Engines Market is growing at a CAGR of 4.2% during the forecast period 2017 to 2026.

The increase in procurement of engines and the increasing interests for hybrid turbochargers and electric propulsion systems are driving the market growth. However, the slowdown in oil industry is restraining the market.

In North America region for maintaining the military supremacy and national security, the military marine vessel procurement in the US has been increasing over the past few years. The increase in naval vessels is expected to create an impact on the military marine vessel engines market during the forecast period.

Propulsions Covered:

Hybrid Propulsion Water-Jet Propulsion Gas Turbine Propulsion Diesel Propulsion

Vessels Covered:

Frigates Destroyers Amphibious Warfare Ships Other Vessels

Companies Profiled:

Caterpillar Cummins Inc. Fairbanks Morse General Electric Company Hyundai Heavy Industries Steyr Motors Co. Ltd. Rolls-Royce Holding PLC ODK-Saturn PJSC Mitsubishi Heavy Industries MAN Energy Solutions (Man SE) STX Engine Co. Ltd. Wartsila Zorya-Mashproyekt (Ukroboronprom)

For more information about this report visit https://www.researchandmarkets.com/research/dh9wfv/global_military?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190118005252/en/

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Related Topics:Shipbuilding and Ship Parts,Naval Vessels



SOURCE: Research and Markets

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PUB: 01/18/2019 09:08 AM/DISC: 01/18/2019 09:08 AM