Antigua and Barbuda Marine Engines Market (2025-2031) | Trends, Segmentation, Outlook, Revenue, Industry, Growth, Size, Share, Forecast, Analysis, Value & Companies
Market Forecast By Power Range (Up to 1,000 hp, 1,001 ‚œ 5,000 hp, 5,001 ‚œ 10,000 hp, 10,001 ‚œ 20,000 hp, Above 20,000 hp), By Vessel (Commercial, Offshore support, Others), By Fuel (Heavy Fuel Oil, Intermediate Fuel Oil, Marine Diesel Oil, Marine Gas Oil, Others), By Engine (Propulsion, Auxiliary), By Type (Two-stroke, Four-stroke) And Competitive Landscape
| Product Code: ETC5682004 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Antigua and Barbuda Marine Engines Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Antigua and Barbuda`s marine engines import market continued to showcase a high level of concentration in 2024, with top exporting countries being Japan, USA, Sint Maarten, China, and Saint Kitts and Nevis. Despite a significant CAGR of 21.52% from 2020-24, there was a slight decline in growth rate from 2023-24 at -8.89%. This data suggests a stable market with strong partnerships but also highlights the need for potential diversification in sourcing to mitigate risks associated with dependency on a few key suppliers.
Marine Engines Market: Antigua and Barbuda vs Top 5 Major Economies in 2027 (North America)
The Marine Engines market in Antigua and Barbuda is projected to grow at a stable growth rate of 3.42% by 2027, within the North America region led by United States of America, along with other countries like Canada, Trinidad and Tobago, Jamaica and Bahamas, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
Antigua and Barbuda Marine Engines Market Oveview
The marine engines market in Antigua and Barbuda supplies engines used in various types of marine vessels, including boats, yachts, and ships. The market is characterized by a demand for high-performance, fuel-efficient, and environmentally friendly engines. Technological advancements and the push for greener marine propulsion systems are key drivers of market growth.
Drivers of the market
The market for marine engines in Antigua and Barbuda supports maritime transportation and fishing industries, driven by vessel propulsion needs, fuel efficiency, and environmental regulations.
Challenges of the market
Challenges in the marine engines market include emissions regulations impacting engine design and performance, fuel efficiency improvements in marine propulsion systems, and maintenance costs for marine engine fleets.
Government Policy of the market
Government policies in the marine engines market prioritize emissions reduction and fuel efficiency in maritime transport. Antigua and Barbuda supports regulations for engine emissions standards, incentives for eco-friendly propulsion technologies, and partnerships with engine manufacturers to promote sustainable shipping practices.
Key Highlights of the Report:
- Antigua and Barbuda Marine Engines Market Outlook
- Market Size of Antigua and Barbuda Marine Engines Market, 2024
- Forecast of Antigua and Barbuda Marine Engines Market, 2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Revenues & Volume for the Period 2021-2031
- Antigua and Barbuda Marine Engines Market Trend Evolution
- Antigua and Barbuda Marine Engines Market Drivers and Challenges
- Antigua and Barbuda Marine Engines Price Trends
- Antigua and Barbuda Marine Engines Porter`s Five Forces
- Antigua and Barbuda Marine Engines Industry Life Cycle
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Power Range for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Up to 1,000 hp for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By 1,001 5,000 hp for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By 5,001 10,000 hp for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By 10,001 20,000 hp for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Above 20,000 hp for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Vessel for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Commercial for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Offshore support for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Fuel for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Heavy Fuel Oil for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Intermediate Fuel Oil for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Marine Diesel Oil for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Marine Gas Oil for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Engine for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Propulsion for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Auxiliary for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Two-stroke for the Period 2021-2031
- Historical Data and Forecast of Antigua and Barbuda Marine Engines Market Revenues & Volume By Four-stroke for the Period 2021-2031
- Antigua and Barbuda Marine Engines Import Export Trade Statistics
- Market Opportunity Assessment By Power Range
- Market Opportunity Assessment By Vessel
- Market Opportunity Assessment By Fuel
- Market Opportunity Assessment By Engine
- Market Opportunity Assessment By Type
- Antigua and Barbuda Marine Engines Top Companies Market Share
- Antigua and Barbuda Marine Engines Competitive Benchmarking By Technical and Operational Parameters
- Antigua and Barbuda Marine Engines Company Profiles
- Antigua and Barbuda Marine Engines Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Antigua and Barbuda Marine Engines Market Overview |
3.1 Antigua and Barbuda Country Macro Economic Indicators |
3.2 Antigua and Barbuda Marine Engines Market Revenues & Volume, 2021 & 2031F |
3.3 Antigua and Barbuda Marine Engines Market - Industry Life Cycle |
3.4 Antigua and Barbuda Marine Engines Market - Porter's Five Forces |
3.5 Antigua and Barbuda Marine Engines Market Revenues & Volume Share, By Power Range, 2021 & 2031F |
3.6 Antigua and Barbuda Marine Engines Market Revenues & Volume Share, By Vessel, 2021 & 2031F |
3.7 Antigua and Barbuda Marine Engines Market Revenues & Volume Share, By Fuel, 2021 & 2031F |
3.8 Antigua and Barbuda Marine Engines Market Revenues & Volume Share, By Engine, 2021 & 2031F |
3.9 Antigua and Barbuda Marine Engines Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Antigua and Barbuda Marine Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in tourism industry leading to increased demand for marine transportation services |
4.2.2 Government initiatives promoting maritime industry development |
4.2.3 Rising popularity of recreational boating activities in Antigua and Barbuda |
4.3 Market Restraints |
4.3.1 High initial investment cost for marine engines and related equipment |
4.3.2 Dependence on imported marine engine technology and parts |
4.3.3 Environmental regulations impacting marine engine emissions and operations |
5 Antigua and Barbuda Marine Engines Market Trends |
6 Antigua and Barbuda Marine Engines Market Segmentations |
6.1 Antigua and Barbuda Marine Engines Market, By Power Range |
6.1.1 Overview and Analysis |
6.1.2 Antigua and Barbuda Marine Engines Market Revenues & Volume, By Up to 1,000 hp, 2021-2031F |
6.1.3 Antigua and Barbuda Marine Engines Market Revenues & Volume, By 1,001 ? ?? 5,000 hp, 2021-2031F |
6.1.4 Antigua and Barbuda Marine Engines Market Revenues & Volume, By 5,001 ? ?? 10,000 hp, 2021-2031F |
6.1.5 Antigua and Barbuda Marine Engines Market Revenues & Volume, By 10,001 ? ?? 20,000 hp, 2021-2031F |
6.1.6 Antigua and Barbuda Marine Engines Market Revenues & Volume, By Above 20,000 hp, 2021-2031F |
6.2 Antigua and Barbuda Marine Engines Market, By Vessel |
6.2.1 Overview and Analysis |
6.2.2 Antigua and Barbuda Marine Engines Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Antigua and Barbuda Marine Engines Market Revenues & Volume, By Offshore support, 2021-2031F |
6.2.4 Antigua and Barbuda Marine Engines Market Revenues & Volume, By Others, 2021-2031F |
6.3 Antigua and Barbuda Marine Engines Market, By Fuel |
6.3.1 Overview and Analysis |
6.3.2 Antigua and Barbuda Marine Engines Market Revenues & Volume, By Heavy Fuel Oil, 2021-2031F |
6.3.3 Antigua and Barbuda Marine Engines Market Revenues & Volume, By Intermediate Fuel Oil, 2021-2031F |
6.3.4 Antigua and Barbuda Marine Engines Market Revenues & Volume, By Marine Diesel Oil, 2021-2031F |
6.3.5 Antigua and Barbuda Marine Engines Market Revenues & Volume, By Marine Gas Oil, 2021-2031F |
6.3.6 Antigua and Barbuda Marine Engines Market Revenues & Volume, By Others, 2021-2031F |
6.4 Antigua and Barbuda Marine Engines Market, By Engine |
6.4.1 Overview and Analysis |
6.4.2 Antigua and Barbuda Marine Engines Market Revenues & Volume, By Propulsion, 2021-2031F |
6.4.3 Antigua and Barbuda Marine Engines Market Revenues & Volume, By Auxiliary, 2021-2031F |
6.5 Antigua and Barbuda Marine Engines Market, By Type |
6.5.1 Overview and Analysis |
6.5.2 Antigua and Barbuda Marine Engines Market Revenues & Volume, By Two-stroke, 2021-2031F |
6.5.3 Antigua and Barbuda Marine Engines Market Revenues & Volume, By Four-stroke, 2021-2031F |
7 Antigua and Barbuda Marine Engines Market Import-Export Trade Statistics |
7.1 Antigua and Barbuda Marine Engines Market Export to Major Countries |
7.2 Antigua and Barbuda Marine Engines Market Imports from Major Countries |
8 Antigua and Barbuda Marine Engines Market Key Performance Indicators |
8.1 Average age of marine engines in Antigua and Barbuda |
8.2 Number of new marine engine installations in the region |
8.3 Adoption rate of eco-friendly marine engine technologies |
8.4 Maintenance and servicing frequency of marine engines |
8.5 Utilization rate of marine transportation services in Antigua and Barbuda |
9 Antigua and Barbuda Marine Engines Market - Opportunity Assessment |
9.1 Antigua and Barbuda Marine Engines Market Opportunity Assessment, By Power Range, 2021 & 2031F |
9.2 Antigua and Barbuda Marine Engines Market Opportunity Assessment, By Vessel, 2021 & 2031F |
9.3 Antigua and Barbuda Marine Engines Market Opportunity Assessment, By Fuel, 2021 & 2031F |
9.4 Antigua and Barbuda Marine Engines Market Opportunity Assessment, By Engine, 2021 & 2031F |
9.5 Antigua and Barbuda Marine Engines Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Antigua and Barbuda Marine Engines Market - Competitive Landscape |
10.1 Antigua and Barbuda Marine Engines Market Revenue Share, By Companies, 2024 |
10.2 Antigua and Barbuda Marine Engines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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