Global Marine Ammonia Engines Market Research Report 2024

Marine Ammonia Engines Market

The global Marine Ammonia Engines market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.

North American market for Marine Ammonia Engines is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for Marine Ammonia Engines is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The global market for Marine Ammonia Engines in Ammonia Fueled Carrier is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The major global companies of Marine Ammonia Engines include MAN Energy Solutions, Wärtsilä, Japan Engine Corp., IHI Power Systems and WinGD, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Marine Ammonia Engines, 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 Ammonia Engines.

Report Scope

The Marine Ammonia Engines market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Marine Ammonia Engines 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 Ammonia Engines companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

MAN Energy Solutions

Wärtsilä

Japan Engine Corp.

IHI Power Systems

WinGD

Spark Ignition

Compression Ignition

Others

Ammonia Fueled Carrier

Ammonia Bunkering Vessel

North America

United States

Canada

Europe

Germany

France

UK

Italy

Russia

Nordic Countries

Rest of Europe

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Rest of Asia

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

Scope of Marine Ammonia Engines Market Report

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Marine Ammonia Engines companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 12: The main points and conclusions of the report.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Marine Ammonia Engines Market Size Growth Rate by Type: 2019 VS 2023 VS 2030

1.2.2 Spark Ignition

1.2.3 Compression Ignition

1.2.4 Others

1.3 Market by Application

1.3.1 Global Marine Ammonia Engines Market Growth by Application: 2019 VS 2023 VS 2030

1.3.2 Ammonia Fueled Carrier

1.3.3 Ammonia Bunkering Vessel

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Marine Ammonia Engines Market Perspective (2019-2030)

2.2 Marine Ammonia Engines Growth Trends by Region

2.2.1 Global Marine Ammonia Engines Market Size by Region: 2019 VS 2023 VS 2030

2.2.2 Marine Ammonia Engines Historic Market Size by Region (2019-2024)

2.2.3 Marine Ammonia Engines Forecasted Market Size by Region (2025-2030)

2.3 Marine Ammonia Engines Market Dynamics

2.3.1 Marine Ammonia Engines Industry Trends

2.3.2 Marine Ammonia Engines Market Drivers

2.3.3 Marine Ammonia Engines Market Challenges

2.3.4 Marine Ammonia Engines Market Restraints

3.1 Global Top Marine Ammonia Engines Players by Revenue

3.1.1 Global Top Marine Ammonia Engines Players by Revenue (2019-2024)

3.1.2 Global Marine Ammonia Engines Revenue Market Share by Players (2019-2024)

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

3.3 Players Covered: Ranking by Marine Ammonia Engines Revenue

3.4 Global Marine Ammonia Engines Market Concentration Ratio

3.4.1 Global Marine Ammonia Engines Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Marine Ammonia Engines Revenue in 2023

3.5 Marine Ammonia Engines Key Players Head office and Area Served

3.6 Key Players Marine Ammonia Engines Product Solution and Service

3.7 Date of Enter into Marine Ammonia Engines Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Marine Ammonia Engines Historic Market Size by Type (2019-2024)

4.2 Global Marine Ammonia Engines Forecasted Market Size by Type (2025-2030)

5.1 Global Marine Ammonia Engines Historic Market Size by Application (2019-2024)

5.2 Global Marine Ammonia Engines Forecasted Market Size by Application (2025-2030)

6.1 North America Marine Ammonia Engines Market Size (2019-2030)

6.2 North America Marine Ammonia Engines Market Growth Rate by Country: 2019 VS 2023 VS 2030

6.3 North America Marine Ammonia Engines Market Size by Country (2019-2024)

6.4 North America Marine Ammonia Engines Market Size by Country (2025-2030)

6.5 United States

6.6 Canada

7.1 Europe Marine Ammonia Engines Market Size (2019-2030)

7.2 Europe Marine Ammonia Engines Market Growth Rate by Country: 2019 VS 2023 VS 2030

7.3 Europe Marine Ammonia Engines Market Size by Country (2019-2024)

7.4 Europe Marine Ammonia Engines Market Size by Country (2025-2030)

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 Ammonia Engines Market Size (2019-2030)

8.2 Asia-Pacific Marine Ammonia Engines Market Growth Rate by Region: 2019 VS 2023 VS 2030

8.3 Asia-Pacific Marine Ammonia Engines Market Size by Region (2019-2024)

8.4 Asia-Pacific Marine Ammonia Engines Market Size by Region (2025-2030)

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 Ammonia Engines Market Size (2019-2030)

9.2 Latin America Marine Ammonia Engines Market Growth Rate by Country: 2019 VS 2023 VS 2030

9.3 Latin America Marine Ammonia Engines Market Size by Country (2019-2024)

9.4 Latin America Marine Ammonia Engines Market Size by Country (2025-2030)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Marine Ammonia Engines Market Size (2019-2030)

10.2 Middle East & Africa Marine Ammonia Engines Market Growth Rate by Country: 2019 VS 2023 VS 2030

10.3 Middle East & Africa Marine Ammonia Engines Market Size by Country (2019-2024)

10.4 Middle East & Africa Marine Ammonia Engines Market Size by Country (2025-2030)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 MAN Energy Solutions

11.1.1 MAN Energy Solutions Company Detail

11.1.2 MAN Energy Solutions Business Overview

11.1.3 MAN Energy Solutions Marine Ammonia Engines Introduction

11.1.4 MAN Energy Solutions Revenue in Marine Ammonia Engines Business (2019-2024)

11.1.5 MAN Energy Solutions Recent Development

11.2 Wärtsilä

11.2.1 Wärtsilä Company Detail

11.2.2 Wärtsilä Business Overview

11.2.3 Wärtsilä Marine Ammonia Engines Introduction

11.2.4 Wärtsilä Revenue in Marine Ammonia Engines Business (2019-2024)

11.2.5 Wärtsilä Recent Development

11.3 Japan Engine Corp.

11.3.1 Japan Engine Corp. Company Detail

11.3.2 Japan Engine Corp. Business Overview

11.3.3 Japan Engine Corp. Marine Ammonia Engines Introduction

11.3.4 Japan Engine Corp. Revenue in Marine Ammonia Engines Business (2019-2024)

11.3.5 Japan Engine Corp. Recent Development

11.4 IHI Power Systems

11.4.1 IHI Power Systems Company Detail

11.4.2 IHI Power Systems Business Overview

11.4.3 IHI Power Systems Marine Ammonia Engines Introduction

11.4.4 IHI Power Systems Revenue in Marine Ammonia Engines Business (2019-2024)

11.4.5 IHI Power Systems Recent Development

11.5 WinGD

11.5.1 WinGD Company Detail

11.5.2 WinGD Business Overview

11.5.3 WinGD Marine Ammonia Engines Introduction

11.5.4 WinGD Revenue in Marine Ammonia Engines Business (2019-2024)

11.5.5 WinGD 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 Ammonia Engines Market Size Growth Rate by Type (US$ Million): 2019 VS 2023 VS 2030

    Table 2. Key Players of Spark Ignition

    Table 3. Key Players of Compression Ignition

    Table 4. Key Players of Others

    Table 5. Global Marine Ammonia Engines Market Size Growth by Application (US$ Million): 2019 VS 2023 VS 2030

    Table 6. Global Marine Ammonia Engines Market Size by Region (US$ Million): 2019 VS 2023 VS 2030

    Table 7. Global Marine Ammonia Engines Market Size by Region (2019-2024) & (US$ Million)

    Table 8. Global Marine Ammonia Engines Market Share by Region (2019-2024)

    Table 9. Global Marine Ammonia Engines Forecasted Market Size by Region (2025-2030) & (US$ Million)

    Table 10. Global Marine Ammonia Engines Market Share by Region (2025-2030)

    Table 11. Marine Ammonia Engines Market Trends

    Table 12. Marine Ammonia Engines Market Drivers

    Table 13. Marine Ammonia Engines Market Challenges

    Table 14. Marine Ammonia Engines Market Restraints

    Table 15. Global Marine Ammonia Engines Revenue by Players (2019-2024) & (US$ Million)

    Table 16. Global Marine Ammonia Engines Market Share by Players (2019-2024)

    Table 17. Global Top Marine Ammonia Engines Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Marine Ammonia Engines as of 2023)

    Table 18. Ranking of Global Top Marine Ammonia Engines Companies by Revenue (US$ Million) in 2023

    Table 19. Global 5 Largest Players Market Share by Marine Ammonia Engines Revenue (CR5 and HHI) & (2019-2024)

    Table 20. Key Players Headquarters and Area Served

    Table 21. Key Players Marine Ammonia Engines Product Solution and Service

    Table 22. Date of Enter into Marine Ammonia Engines Market

    Table 23. Mergers & Acquisitions, Expansion Plans

    Table 24. Global Marine Ammonia Engines Market Size by Type (2019-2024) & (US$ Million)

    Table 25. Global Marine Ammonia Engines Revenue Market Share by Type (2019-2024)

    Table 26. Global Marine Ammonia Engines Forecasted Market Size by Type (2025-2030) & (US$ Million)

    Table 27. Global Marine Ammonia Engines Revenue Market Share by Type (2025-2030)

    Table 28. Global Marine Ammonia Engines Market Size by Application (2019-2024) & (US$ Million)

    Table 29. Global Marine Ammonia Engines Revenue Market Share by Application (2019-2024)

    Table 30. Global Marine Ammonia Engines Forecasted Market Size by Application (2025-2030) & (US$ Million)

    Table 31. Global Marine Ammonia Engines Revenue Market Share by Application (2025-2030)

    Table 32. North America Marine Ammonia Engines Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

    Table 33. North America Marine Ammonia Engines Market Size by Country (2019-2024) & (US$ Million)

    Table 34. North America Marine Ammonia Engines Market Size by Country (2025-2030) & (US$ Million)

    Table 35. Europe Marine Ammonia Engines Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

    Table 36. Europe Marine Ammonia Engines Market Size by Country (2019-2024) & (US$ Million)

    Table 37. Europe Marine Ammonia Engines Market Size by Country (2025-2030) & (US$ Million)

    Table 38. Asia-Pacific Marine Ammonia Engines Market Size Growth Rate by Region (US$ Million): 2019 VS 2023 VS 2030

    Table 39. Asia-Pacific Marine Ammonia Engines Market Size by Region (2019-2024) & (US$ Million)

    Table 40. Asia-Pacific Marine Ammonia Engines Market Size by Region (2025-2030) & (US$ Million)

    Table 41. Latin America Marine Ammonia Engines Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

    Table 42. Latin America Marine Ammonia Engines Market Size by Country (2019-2024) & (US$ Million)

    Table 43. Latin America Marine Ammonia Engines Market Size by Country (2025-2030) & (US$ Million)

    Table 44. Middle East & Africa Marine Ammonia Engines Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

    Table 45. Middle East & Africa Marine Ammonia Engines Market Size by Country (2019-2024) & (US$ Million)

    Table 46. Middle East & Africa Marine Ammonia Engines Market Size by Country (2025-2030) & (US$ Million)

    Table 47. MAN Energy Solutions Company Detail

    Table 48. MAN Energy Solutions Business Overview

    Table 49. MAN Energy Solutions Marine Ammonia Engines Product

    Table 50. MAN Energy Solutions Revenue in Marine Ammonia Engines Business (2019-2024) & (US$ Million)

    Table 51. MAN Energy Solutions Recent Development

    Table 52. Wärtsilä Company Detail

    Table 53. Wärtsilä Business Overview

    Table 54. Wärtsilä Marine Ammonia Engines Product

    Table 55. Wärtsilä Revenue in Marine Ammonia Engines Business (2019-2024) & (US$ Million)

    Table 56. Wärtsilä Recent Development

    Table 57. Japan Engine Corp. Company Detail

    Table 58. Japan Engine Corp. Business Overview

    Table 59. Japan Engine Corp. Marine Ammonia Engines Product

    Table 60. Japan Engine Corp. Revenue in Marine Ammonia Engines Business (2019-2024) & (US$ Million)

    Table 61. Japan Engine Corp. Recent Development

    Table 62. IHI Power Systems Company Detail

    Table 63. IHI Power Systems Business Overview

    Table 64. IHI Power Systems Marine Ammonia Engines Product

    Table 65. IHI Power Systems Revenue in Marine Ammonia Engines Business (2019-2024) & (US$ Million)

    Table 66. IHI Power Systems Recent Development

    Table 67. WinGD Company Detail

    Table 68. WinGD Business Overview

    Table 69. WinGD Marine Ammonia Engines Product

    Table 70. WinGD Revenue in Marine Ammonia Engines Business (2019-2024) & (US$ Million)

    Table 71. WinGD Recent Development

    Table 72. Research Programs/Design for This Report

    Table 73. Key Data Information from Secondary Sources

    Table 74. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Marine Ammonia Engines Market Size Comparison by Type (2024-2030) & (US$ Million)

    Figure 2. Global Marine Ammonia Engines Market Share by Type: 2023 VS 2030

    Figure 3. Spark Ignition Features

    Figure 4. Compression Ignition Features

    Figure 5. Others Features

    Figure 6. Global Marine Ammonia Engines Market Size Comparison by Application (2024-2030) & (US$ Million)

    Figure 7. Global Marine Ammonia Engines Market Share by Application: 2023 VS 2030

    Figure 8. Ammonia Fueled Carrier Case Studies

    Figure 9. Ammonia Bunkering Vessel Case Studies

    Figure 10. Marine Ammonia Engines Report Years Considered

    Figure 11. Global Marine Ammonia Engines Market Size (US$ Million), Year-over-Year: 2019-2030

    Figure 12. Global Marine Ammonia Engines Market Size, (US$ Million), 2019 VS 2023 VS 2030

    Figure 13. Global Marine Ammonia Engines Market Share by Region: 2023 VS 2030

    Figure 14. Global Marine Ammonia Engines Market Share by Players in 2023

    Figure 15. Global Top Marine Ammonia Engines Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Marine Ammonia Engines as of 2023)

    Figure 16. The Top 10 and 5 Players Market Share by Marine Ammonia Engines Revenue in 2023

    Figure 17. North America Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 18. North America Marine Ammonia Engines Market Share by Country (2019-2030)

    Figure 19. United States Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 20. Canada Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 21. Europe Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 22. Europe Marine Ammonia Engines Market Share by Country (2019-2030)

    Figure 23. Germany Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 24. France Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 25. U.K. Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 26. Italy Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 27. Russia Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 28. Nordic Countries Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 29. Asia-Pacific Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 30. Asia-Pacific Marine Ammonia Engines Market Share by Region (2019-2030)

    Figure 31. China Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 32. Japan Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 33. South Korea Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 34. Southeast Asia Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 35. India Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 36. Australia Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 37. Latin America Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 38. Latin America Marine Ammonia Engines Market Share by Country (2019-2030)

    Figure 39. Mexico Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 40. Brazil Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 41. Middle East & Africa Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 42. Middle East & Africa Marine Ammonia Engines Market Share by Country (2019-2030)

    Figure 43. Turkey Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 44. Saudi Arabia Marine Ammonia Engines Market Size YoY Growth (2019-2030) & (US$ Million)

    Figure 45. MAN Energy Solutions Revenue Growth Rate in Marine Ammonia Engines Business (2019-2024)

    Figure 46. Wärtsilä Revenue Growth Rate in Marine Ammonia Engines Business (2019-2024)

    Figure 47. Japan Engine Corp. Revenue Growth Rate in Marine Ammonia Engines Business (2019-2024)

    Figure 48. IHI Power Systems Revenue Growth Rate in Marine Ammonia Engines Business (2019-2024)

    Figure 49. WinGD Revenue Growth Rate in Marine Ammonia Engines Business (2019-2024)

    Figure 50. Bottom-up and Top-down Approaches for This Report

    Figure 51. Data Triangulation

    Figure 52. Key Executives Interviewed