Oct 30, 2018   SOURCE: BusinessWire

Global Naval Vessel Engines Market 2018-2028: Prevalent Practices, Industry Consolidation and Procurement Patterns - ResearchAndMarkets.com

"The Global Naval Vessel Engines Market 2018-2028" report has been added to ResearchAndMarkets.com's offering.

Global Naval Vessel Engines industry is anticipated to value US$1.4 billion by the end of 2018, registering a compound annual growth rate (CAGR) of 3.82% to value US$2 billion by 2028.

The cumulative expenditure on naval vessel engines over the forecast period is estimated to value around US$16.6 billion. In terms of segments, Nuclear Reactors and Gas Turbines segments are anticipated to account for 52.4% and 36.5% of the naval vessel engine market respectively, followed by Diesel Engines segment, with a cumulative share of 11.1%.

The expenditure on naval vessel engines is anticipated to be driven by the increase in defense spending which reflects improved economic conditions around the world specifically in the European and Asia Pacific Regions. The US will accelerate its defense spending under the Trump administration and is anticipated to maintain its leading position, exhibiting a steady pace of growth over the forecast period.

The Naval Vessel Engines market is anticipated to be led by North America with an estimated share of 63.7% over the forecast period followed by Asia-Pacific and Europe with shares of 17.3% and 15.8% respectively. The Middle Eastern market for naval vessel engines is anticipated to account for a share of 1.3% followed by the Latin American and African markets with a cumulative share of 1.9%

The report Global Naval Vessel Engines Market 2018-2028 offers a detailed analysis of the Global Naval Vessel Engines industry over the next 10 years, and provides market size forecasts. It covers key technological and market trends, and analyzes factors influencing the demand for naval vessel engines.

Key Topics Covered:

1. Executive Summary

2. Global Naval Vessel Engines Market - Overview

3. Global Naval Vessel Engines By Region, 2018-2028

4. Global Naval Vessel By Engines Segment, 2018-2028

5. Market Dynamics

6. Demand Drivers: Analysis of factors that trigger spending within the sector

7. Trends: Prevalent practices, industry consolidation and procurement patterns within the market

8. Technological Developments : New products, processes and innovations recently inducted within the sector

9. Key Challenges: Obstacles affecting sector growth

10. Global naval vessel Engines Market - Segment Analysis

11. Segment Analysis: Nuclear Reactors

12. Segment Analysis: Gas Turbines

13. Segment Analysis: Diesel Engines

14. Major Suppliers

15. Segmental Analysis

16. Naval Vessel Engines Market - Future Outlook (The Road Ahead)

17. Key Programs Analysis

18. Description of key programs

19. Delivery period, units and total expenditure

20. Competitive Landscape Analysis

21. Competitive analysis - 8 leading companies

22. Major Products and Services

23. Financial Analysis covering Revenue, Operating Profit and Net Profit

24. Financial Deal and Contracts

Companies Mentioned

  • Zorya-Mashproekt
  • MAN SE
  • Wrtsil
  • General Electric
  • Caterpillar Inc.
  • Rolls-Royce
  • Bechtel Corporation
  • Fluor Corporation
  • Shaanxi Diesel Engine Factory
  • Kirloskar Oil Engines Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/f7vm9w/global_naval?w=4