Global Marine Power Systems Market Research Report 2023

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.

The global Marine Power Systems market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

According to the report, the growth of global commercial shipping is a direct effect of globalization. Since economies worldwide are interlinked, global trade volumes are also affected by the condition of the global economy. International trade also rises along with economic expansion in which seaborne trade plays a crucial role. Therefore, economic development and growth have resulted in enormous opportunities for the marine industry, especially due to the global demand and supply of commodities and manufactured goods.

This report aims to provide a comprehensive presentation of the global market for Marine Power Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Marine Power Systems.

The Marine Power Systems market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Marine Power Systems market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Marine Power Systems companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Marine Power Systems Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Internal Lighting

1.2.3 Navigation Lighting

1.2.4 Communication System

1.2.5 Surveillance System

1.2.6 Engine Control

1.2.7 Others

1.3 Market by Application

1.3.1 Global Marine Power Systems Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Small Recreational Boats

1.3.3 On-Water Commercial Boats

1.3.4 Autonomous Underwater Vehicle (AUV)

1.3.5 Others

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Marine Power Systems Market Perspective (2018-2029)

2.2 Marine Power Systems Growth Trends by Region

2.2.1 Global Marine Power Systems Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Marine Power Systems Historic Market Size by Region (2018-2023)

2.2.3 Marine Power Systems Forecasted Market Size by Region (2024-2029)

2.3 Marine Power Systems Market Dynamics

2.3.1 Marine Power Systems Industry Trends

2.3.2 Marine Power Systems Market Drivers

2.3.3 Marine Power Systems Market Challenges

2.3.4 Marine Power Systems Market Restraints

3.1 Global Top Marine Power Systems Players by Revenue

3.1.1 Global Top Marine Power Systems Players by Revenue (2018-2023)

3.1.2 Global Marine Power Systems Revenue Market Share by Players (2018-2023)

3.2 Global Marine Power Systems Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Marine Power Systems Revenue

3.4 Global Marine Power Systems Market Concentration Ratio

3.4.1 Global Marine Power Systems Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Marine Power Systems Revenue in 2022

3.5 Marine Power Systems Key Players Head office and Area Served

3.6 Key Players Marine Power Systems Product Solution and Service

3.7 Date of Enter into Marine Power Systems Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Marine Power Systems Historic Market Size by Type (2018-2023)

4.2 Global Marine Power Systems Forecasted Market Size by Type (2024-2029)

5.1 Global Marine Power Systems Historic Market Size by Application (2018-2023)

5.2 Global Marine Power Systems Forecasted Market Size by Application (2024-2029)

6.1 North America Marine Power Systems Market Size (2018-2029)

6.2 North America Marine Power Systems Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Marine Power Systems Market Size by Country (2018-2023)

6.4 North America Marine Power Systems Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Marine Power Systems Market Size (2018-2029)

7.2 Europe Marine Power Systems Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Marine Power Systems Market Size by Country (2018-2023)

7.4 Europe Marine Power Systems Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Marine Power Systems Market Size (2018-2029)

8.2 Asia-Pacific Marine Power Systems Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Marine Power Systems Market Size by Region (2018-2023)

8.4 Asia-Pacific Marine Power Systems Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Marine Power Systems Market Size (2018-2029)

9.2 Latin America Marine Power Systems Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Marine Power Systems Market Size by Country (2018-2023)

9.4 Latin America Marine Power Systems Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Marine Power Systems Market Size (2018-2029)

10.2 Middle East & Africa Marine Power Systems Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Marine Power Systems Market Size by Country (2018-2023)

10.4 Middle East & Africa Marine Power Systems Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 Emerson Electric

11.1.1 Emerson Electric Company Detail

11.1.2 Emerson Electric Business Overview

11.1.3 Emerson Electric Marine Power Systems Introduction

11.1.4 Emerson Electric Revenue in Marine Power Systems Business (2018-2023)

11.1.5 Emerson Electric Recent Development

11.2 Schneider Electric

11.2.1 Schneider Electric Company Detail

11.2.2 Schneider Electric Business Overview

11.2.3 Schneider Electric Marine Power Systems Introduction

11.2.4 Schneider Electric Revenue in Marine Power Systems Business (2018-2023)

11.2.5 Schneider Electric Recent Development

11.3 ABB

11.3.1 ABB Company Detail

11.3.2 ABB Business Overview

11.3.3 ABB Marine Power Systems Introduction

11.3.4 ABB Revenue in Marine Power Systems Business (2018-2023)

11.3.5 ABB Recent Development

11.4 Exide Industries

11.4.1 Exide Industries Company Detail

11.4.2 Exide Industries Business Overview

11.4.3 Exide Industries Marine Power Systems Introduction

11.4.4 Exide Industries Revenue in Marine Power Systems Business (2018-2023)

11.4.5 Exide Industries Recent Development

11.5 EnerSys

11.5.1 EnerSys Company Detail

11.5.2 EnerSys Business Overview

11.5.3 EnerSys Marine Power Systems Introduction

11.5.4 EnerSys Revenue in Marine Power Systems Business (2018-2023)

11.5.5 EnerSys Recent Development

11.6 HBL Power Systems

11.6.1 HBL Power Systems Company Detail

11.6.2 HBL Power Systems Business Overview

11.6.3 HBL Power Systems Marine Power Systems Introduction

11.6.4 HBL Power Systems Revenue in Marine Power Systems Business (2018-2023)

11.6.5 HBL Power Systems Recent Development

11.7 Systems Sunlight

11.7.1 Systems Sunlight Company Detail

11.7.2 Systems Sunlight Business Overview

11.7.3 Systems Sunlight Marine Power Systems Introduction

11.7.4 Systems Sunlight Revenue in Marine Power Systems Business (2018-2023)

11.7.5 Systems Sunlight Recent Development

11.8 Eaton

11.8.1 Eaton Company Detail

11.8.2 Eaton Business Overview

11.8.3 Eaton Marine Power Systems Introduction

11.8.4 Eaton Revenue in Marine Power Systems Business (2018-2023)

11.8.5 Eaton Recent Development

11.9 Powerbox International

11.9.1 Powerbox International Company Detail

11.9.2 Powerbox International Business Overview

11.9.3 Powerbox International Marine Power Systems Introduction

11.9.4 Powerbox International Revenue in Marine Power Systems Business (2018-2023)

11.9.5 Powerbox International Recent Development

11.10 ENAG

11.10.1 ENAG Company Detail

11.10.2 ENAG Business Overview

11.10.3 ENAG Marine Power Systems Introduction

11.10.4 ENAG Revenue in Marine Power Systems Business (2018-2023)

11.10.5 ENAG Recent Development

11.11 Marine Electric Systems

11.11.1 Marine Electric Systems Company Detail

11.11.2 Marine Electric Systems Business Overview

11.11.3 Marine Electric Systems Marine Power Systems Introduction

11.11.4 Marine Electric Systems Revenue in Marine Power Systems Business (2018-2023)

11.11.5 Marine Electric Systems Recent Development

11.12 Newmar

11.12.1 Newmar Company Detail

11.12.2 Newmar Business Overview

11.12.3 Newmar Marine Power Systems Introduction

11.12.4 Newmar Revenue in Marine Power Systems Business (2018-2023)

11.12.5 Newmar Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Marine Power Systems Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Internal Lighting

    Table 3. Key Players of Navigation Lighting

    Table 4. Key Players of Communication System

    Table 5. Key Players of Surveillance System

    Table 6. Key Players of Engine Control

    Table 7. Key Players of Others

    Table 8. Global Marine Power Systems Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 9. Global Marine Power Systems Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 10. Global Marine Power Systems Market Size by Region (2018-2023) & (US$ Million)

    Table 11. Global Marine Power Systems Market Share by Region (2018-2023)

    Table 12. Global Marine Power Systems Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 13. Global Marine Power Systems Market Share by Region (2024-2029)

    Table 14. Marine Power Systems Market Trends

    Table 15. Marine Power Systems Market Drivers

    Table 16. Marine Power Systems Market Challenges

    Table 17. Marine Power Systems Market Restraints

    Table 18. Global Marine Power Systems Revenue by Players (2018-2023) & (US$ Million)

    Table 19. Global Marine Power Systems Market Share by Players (2018-2023)

    Table 20. Global Top Marine Power Systems Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Marine Power Systems as of 2022)

    Table 21. Ranking of Global Top Marine Power Systems Companies by Revenue (US$ Million) in 2022

    Table 22. Global 5 Largest Players Market Share by Marine Power Systems Revenue (CR5 and HHI) & (2018-2023)

    Table 23. Key Players Headquarters and Area Served

    Table 24. Key Players Marine Power Systems Product Solution and Service

    Table 25. Date of Enter into Marine Power Systems Market

    Table 26. Mergers & Acquisitions, Expansion Plans

    Table 27. Global Marine Power Systems Market Size by Type (2018-2023) & (US$ Million)

    Table 28. Global Marine Power Systems Revenue Market Share by Type (2018-2023)

    Table 29. Global Marine Power Systems Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 30. Global Marine Power Systems Revenue Market Share by Type (2024-2029)

    Table 31. Global Marine Power Systems Market Size by Application (2018-2023) & (US$ Million)

    Table 32. Global Marine Power Systems Revenue Market Share by Application (2018-2023)

    Table 33. Global Marine Power Systems Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 34. Global Marine Power Systems Revenue Market Share by Application (2024-2029)

    Table 35. North America Marine Power Systems Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 36. North America Marine Power Systems Market Size by Country (2018-2023) & (US$ Million)

    Table 37. North America Marine Power Systems Market Size by Country (2024-2029) & (US$ Million)

    Table 38. Europe Marine Power Systems Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 39. Europe Marine Power Systems Market Size by Country (2018-2023) & (US$ Million)

    Table 40. Europe Marine Power Systems Market Size by Country (2024-2029) & (US$ Million)

    Table 41. Asia-Pacific Marine Power Systems Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 42. Asia-Pacific Marine Power Systems Market Size by Region (2018-2023) & (US$ Million)

    Table 43. Asia-Pacific Marine Power Systems Market Size by Region (2024-2029) & (US$ Million)

    Table 44. Latin America Marine Power Systems Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 45. Latin America Marine Power Systems Market Size by Country (2018-2023) & (US$ Million)

    Table 46. Latin America Marine Power Systems Market Size by Country (2024-2029) & (US$ Million)

    Table 47. Middle East & Africa Marine Power Systems Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 48. Middle East & Africa Marine Power Systems Market Size by Country (2018-2023) & (US$ Million)

    Table 49. Middle East & Africa Marine Power Systems Market Size by Country (2024-2029) & (US$ Million)

    Table 50. Emerson Electric Company Detail

    Table 51. Emerson Electric Business Overview

    Table 52. Emerson Electric Marine Power Systems Product

    Table 53. Emerson Electric Revenue in Marine Power Systems Business (2018-2023) & (US$ Million)

    Table 54. Emerson Electric Recent Development

    Table 55. Schneider Electric Company Detail

    Table 56. Schneider Electric Business Overview

    Table 57. Schneider Electric Marine Power Systems Product

    Table 58. Schneider Electric Revenue in Marine Power Systems Business (2018-2023) & (US$ Million)

    Table 59. Schneider Electric Recent Development

    Table 60. ABB Company Detail

    Table 61. ABB Business Overview

    Table 62. ABB Marine Power Systems Product

    Table 63. ABB Revenue in Marine Power Systems Business (2018-2023) & (US$ Million)

    Table 64. ABB Recent Development

    Table 65. Exide Industries Company Detail

    Table 66. Exide Industries Business Overview

    Table 67. Exide Industries Marine Power Systems Product

    Table 68. Exide Industries Revenue in Marine Power Systems Business (2018-2023) & (US$ Million)

    Table 69. Exide Industries Recent Development

    Table 70. EnerSys Company Detail

    Table 71. EnerSys Business Overview

    Table 72. EnerSys Marine Power Systems Product

    Table 73. EnerSys Revenue in Marine Power Systems Business (2018-2023) & (US$ Million)

    Table 74. EnerSys Recent Development

    Table 75. HBL Power Systems Company Detail

    Table 76. HBL Power Systems Business Overview

    Table 77. HBL Power Systems Marine Power Systems Product

    Table 78. HBL Power Systems Revenue in Marine Power Systems Business (2018-2023) & (US$ Million)

    Table 79. HBL Power Systems Recent Development

    Table 80. Systems Sunlight Company Detail

    Table 81. Systems Sunlight Business Overview

    Table 82. Systems Sunlight Marine Power Systems Product

    Table 83. Systems Sunlight Revenue in Marine Power Systems Business (2018-2023) & (US$ Million)

    Table 84. Systems Sunlight Recent Development

    Table 85. Eaton Company Detail

    Table 86. Eaton Business Overview

    Table 87. Eaton Marine Power Systems Product

    Table 88. Eaton Revenue in Marine Power Systems Business (2018-2023) & (US$ Million)

    Table 89. Eaton Recent Development

    Table 90. Powerbox International Company Detail

    Table 91. Powerbox International Business Overview

    Table 92. Powerbox International Marine Power Systems Product

    Table 93. Powerbox International Revenue in Marine Power Systems Business (2018-2023) & (US$ Million)

    Table 94. Powerbox International Recent Development

    Table 95. ENAG Company Detail

    Table 96. ENAG Business Overview

    Table 97. ENAG Marine Power Systems Product

    Table 98. ENAG Revenue in Marine Power Systems Business (2018-2023) & (US$ Million)

    Table 99. ENAG Recent Development

    Table 100. Marine Electric Systems Company Detail

    Table 101. Marine Electric Systems Business Overview

    Table 102. Marine Electric Systems Marine Power Systems Product

    Table 103. Marine Electric Systems Revenue in Marine Power Systems Business (2018-2023) & (US$ Million)

    Table 104. Marine Electric Systems Recent Development

    Table 105. Newmar Company Detail

    Table 106. Newmar Business Overview

    Table 107. Newmar Marine Power Systems Product

    Table 108. Newmar Revenue in Marine Power Systems Business (2018-2023) & (US$ Million)

    Table 109. Newmar Recent Development

    Table 110. Research Programs/Design for This Report

    Table 111. Key Data Information from Secondary Sources

    Table 112. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Marine Power Systems Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Marine Power Systems Market Share by Type: 2022 VS 2029

    Figure 3. Internal Lighting Features

    Figure 4. Navigation Lighting Features

    Figure 5. Communication System Features

    Figure 6. Surveillance System Features

    Figure 7. Engine Control Features

    Figure 8. Others Features

    Figure 9. Global Marine Power Systems Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 10. Global Marine Power Systems Market Share by Application: 2022 VS 2029

    Figure 11. Small Recreational Boats Case Studies

    Figure 12. On-Water Commercial Boats Case Studies

    Figure 13. Autonomous Underwater Vehicle (AUV) Case Studies

    Figure 14. Others Case Studies

    Figure 15. Marine Power Systems Report Years Considered

    Figure 16. Global Marine Power Systems Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 17. Global Marine Power Systems Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 18. Global Marine Power Systems Market Share by Region: 2022 VS 2029

    Figure 19. Global Marine Power Systems Market Share by Players in 2022

    Figure 20. Global Top Marine Power Systems Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Marine Power Systems as of 2022)

    Figure 21. The Top 10 and 5 Players Market Share by Marine Power Systems Revenue in 2022

    Figure 22. North America Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. North America Marine Power Systems Market Share by Country (2018-2029)

    Figure 24. United States Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. Canada Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. Europe Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. Europe Marine Power Systems Market Share by Country (2018-2029)

    Figure 28. Germany Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. France Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. U.K. Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Italy Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Russia Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Nordic Countries Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. Asia-Pacific Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Asia-Pacific Marine Power Systems Market Share by Region (2018-2029)

    Figure 36. China Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. Japan Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. South Korea Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Southeast Asia Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. India Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Australia Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Latin America Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Latin America Marine Power Systems Market Share by Country (2018-2029)

    Figure 44. Mexico Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. Brazil Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. Middle East & Africa Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. Middle East & Africa Marine Power Systems Market Share by Country (2018-2029)

    Figure 48. Turkey Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 49. Saudi Arabia Marine Power Systems Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 50. Emerson Electric Revenue Growth Rate in Marine Power Systems Business (2018-2023)

    Figure 51. Schneider Electric Revenue Growth Rate in Marine Power Systems Business (2018-2023)

    Figure 52. ABB Revenue Growth Rate in Marine Power Systems Business (2018-2023)

    Figure 53. Exide Industries Revenue Growth Rate in Marine Power Systems Business (2018-2023)

    Figure 54. EnerSys Revenue Growth Rate in Marine Power Systems Business (2018-2023)

    Figure 55. HBL Power Systems Revenue Growth Rate in Marine Power Systems Business (2018-2023)

    Figure 56. Systems Sunlight Revenue Growth Rate in Marine Power Systems Business (2018-2023)

    Figure 57. Eaton Revenue Growth Rate in Marine Power Systems Business (2018-2023)

    Figure 58. Powerbox International Revenue Growth Rate in Marine Power Systems Business (2018-2023)

    Figure 59. ENAG Revenue Growth Rate in Marine Power Systems Business (2018-2023)

    Figure 60. Marine Electric Systems Revenue Growth Rate in Marine Power Systems Business (2018-2023)

    Figure 61. Newmar Revenue Growth Rate in Marine Power Systems Business (2018-2023)

    Figure 62. Bottom-up and Top-down Approaches for This Report

    Figure 63. Data Triangulation

    Figure 64. Key Executives Interviewed