The Global Marine Power Systems Market study conducted using an objective combination of primary and secondary information including inputs from key participants in the market during 2017-2021.
The marine auxiliary engine is used to generate electricity onboard marine vessels, which is termed as an auxiliary unit. Initially, steam turbine propulsion was used, which was later replaced by diesel, LNG, nuclear, and other fuels.
Nuclear propulsion is used for naval purposes for its fast movement, and the other type of fuel ships are used for the commercial purposes.
The auxiliary unit is designed to support the main engine and to ensure the proper functioning of the ship.
It is widely used in tankers, containers, and cargo carriers.
The auxiliary unit includes the pumps, compressor, and blowers for the circulation of fuels and fresh and sea water in the cooling system. In addition, it has a separator to remove dirt from the fuel oil, which is referred as the heart of the ship.
The marine auxiliary engine works on heavy fuel oil (HFO) or diesel.
The analysts forecast global Marine Power Systems Market to grow at a CAGR of 4.32% during the period 2017-2021.
This report covers the present scenario and the growth prospects of the global Marine Power Systems Market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of marine power systems.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
The report, Global Marine Power Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.
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Source: WhaTech
