Malaysia Marine Engine Market Report to 2027 – by Power, Propulsion Types, Applications and Regions – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Malaysia Marine Engine Market (2021-2027): Market Forecast by Power, Propulsion Types, Applications, Regions and Competitive Landscape.” report has been added to from ResearchAndMarkets.com offer.

The Malaysia Marine Engine Market report covers the market in detail by horsepower, propulsion types, applications and regions. The report provides an unbiased and detailed analysis of ongoing trends, high growth opportunities/areas, market drivers, and company market revenue rankings which would help stakeholders to design and align their marketing strategies. market based on current and future market dynamics.

Synopsis of marine engine market in Malaysia

The Malaysian marine engine market has witnessed steady growth over the period 2017-2019 due to government initiatives aimed at reviving the Malaysian shipbuilding industry after the crisis of 2014-2016. Malaysia is rapidly increasing its number of commercial vessels as 95% of its trade is by sea, which would act as a driver in the overall marine engine market in Malaysia. Additionally, Malaysia has become the second largest palm oil producer in the world, exporting palm oil products to China, India, the Netherlands, Pakistan, the Philippines and more. again. As this trend continues, an increase in the demand for marine engines is expected over the forecast period.

According to the publisher, the Malaysian marine engine market size is expected to grow at a CAGR of 6.4% during the period 2021-2027. The spread of Covid-19 in 2020 led to lower market revenues due to containment measures adopted to curb the spread of the virus, which in turn led to supply chain disruptions and process delays of production. However, as economic conditions normalize and business activities resume, the market is expected to recover by 2022 and register growth thereafter.

Market by Power Analysis

In terms of horsepower, 500.1-1000 Hp and over 1000 Hp cumulative captured 75% of market revenue in 2020, with 500.1-1000 Hp leading the segment. 500.1-1000 Hp accounted for the highest market revenue share in 2020 and is expected to continue dominating the market over the forecast period due to its multitude of applications in commercial and oil & gas segment.

Market analysis by regions

In the marine engine market in Malaysia, Peninsular Malaysia region dominated the overall market revenue, accounting for more than 37.1% of market revenue in 2020. Peninsular Malaysia region acquired the highest revenue share higher in the marine engine market in Malaysia in 2020 as this region is responsible for the majority of port business activities and cargo services in the country.

Key attraction of the report:

  • Impact of COVID-19 on the market

  • Market figures over 10 years

  • Historical data from 2017 to 2020

  • Reference year: 2020

  • Forecast data until 2027

  • Key performance indicators impacting the market

  • Main developments and upcoming projects

Main topics covered:

1. Summary

2. Presentation

3. Malaysia Marine Engine Market Overview

4. Malaysia Marine Engine Market Covid-19 Impact Analysis

5. Malaysia Marine Engine Market Dynamics

5.1 Impact analysis

5.2 Market Drivers

5.3 Market Constraints

6. Malaysia Marine Engine Market Trends

7. Malaysia Marine Engine Market Overview, By Power

8. Malaysia Marine Engine Market Overview, By Propulsion Types

9. Malaysia Marine Engines Market Overview, By Applications

10. Malaysia Marine Engine Market Overview, By Regions

11. Malaysia Marine Engine Market Key Performance Indicators

12. Malaysia Marine Engine Market Opportunity Assessment

12.1 Malaysia Marine Engine Market Opportunity Assessment, By Power, 2027

12.2 Malaysia Marine Engine Market Opportunity Assessment, by Propulsion Types, 2027

12.3 Malaysia Marine Engine Market Opportunity Assessment, by Applications, 2027

12.4 Malaysia Marine Engines Market Opportunity Assessment, by Regions, 2027

13. Competitive Landscape of Malaysia Marine Engines Market

13.1 Malaysia Marine Engine Market Revenue Ranking, by Companies, 2020

13.2 Malaysia Marine Engines Market Competitive Benchmarking by Technical Parameters

13.3 Malaysia Marine Engines Market Competitive Benchmarking by Operating Parameters

14. Company Profiles

14.1 Cummins Inc.

14.2 Caterpillar Inc.

14.3 Mitsubishi Heavy Industries Engine System Asia Pte Ltd.

14.4 Yamaha Motor Co. Ltd.

14.5 Mercury Marine

14.6 Wartsila Society

14.7 AB Volvo (released)

14.8 MAN Energy Solutions SE

14.9 Yanmar Holdings Co., Ltd.

14.10 Rolls Royce Public Limited Company

15. Main policy recommendations

16. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/r/h0ywo9

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