LONDON--(BUSINESS WIRE)--Market research firm Technavio has announced the release of their latest report on the global marine propulsion engine market. This new report will provide expert market insights for the forecast period 2018-2022.
The report will follow up on Technavio’s previous marine propulsion engine market report, offering detailed market intelligence based on an analysis of the recent trends, market drivers, and challenges, to arrive at actionable insights for the forecast period.
The upgraded research report on the marine propulsion engine market is an integral part of Technavio’s engineering tools portfolio. Technavio covers an extensive range of market research reports on the engineering tools market, covering different regions and top industry segments. Some of the topics include air quality monitor, aluminum die casting machinery, instrument transformer, commercial refrigeration equipment, cable tray, and next-generation building energy management systems.
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Marine propulsion engine market at a glance
Technavio’s previous report on the global marine propulsion engine market projected that APAC showed the highest potential in 2015. Growing trade activities between Asia and Europe led to the growth of the shipbuilding industry in APAC. This created a great market potential for marine propulsion engine manufacturers. Countries such as China, Japan, and South Korea are the key leading countries in this region.
In the previous report, a senior research analyst at Technavio stated, “An increase in international trade activities through water transportation due to its cost-effectiveness is one of the primary drivers in the market. This resulted in high demand for commercial ships, which consequently drives growth in the market for marine propulsion engines.”
Technavio’s new report on the global marine propulsion engine market will evaluate the key geographical regions and their behavior over the past four years, introducing new data and observations and providing new predictions.
Looking for the latest information on the global marine propulsion engine market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Detailed analysis at your fingertips
Some of the topics that will be revisited in the new report include:
- Market size and growth rate through 2022
- Top factors driving the market growth
- Key players in the market
- Market opportunities and factors impeding growth
The report on the global marine propulsion engine market for the period 2018-2022 is available to order now and will be delivered within one week of purchase.
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