Malaysia Marine Engine Market (2018-2024) | Analysis, Industry, Outlook, Companies, Trends, Revenue, Size, Share, Forecast, Value & Growth

Market Forecast By Power (Below 100Hp, 100.1 Hp - 500Hp, 500.1 Hp - 1000Hp and Above 1000 Hp), By Propulsion Types (Diesel Engine, Steam Turbine, Gas Turbine, LNG Engine and Others including Nuclear, Fuel Cell, Solar, Water Jet and Wind), By Applications (Commercial, Recreational, Offshore Oil and Gas, Navy and Others including Finishing, Coast Guards and Safety Boats), By Regions (Peninsular Malaysia, Subah and Sarawak) and Competitive Landscape

Product Code: ETC000557	Publication Date: Nov 2021	Product Type: Report
Publisher: 6Wresearch	No. of Pages: 100	No. of Figures: 36	No. of Tables: 12

The shipbuilding industry in Malaysia showed signs of recovery in 2017 after two years of sharp decline owing to the overproduction and slowdown of the oil industry all over the world. Another challenge that the shipbuilding industry in Malaysia faces is a foreign competition that provides cost-effective solutions and limited domestic capacity. As a result, more than 50% of ship requirements in Malaysia are fulfilled by foreign Shipyards.

According to 6Wresearch, Malaysia marine engine market size is projected to grow at a CAGR of 4.4% during 2018-24. The Malaysia government is encouraging the shipbuilding industry through an SBSR (Shipbuilding and Ship Repair) strategic plan 2020, aimed at increasing the capacity of local yards and promoting shipbuilding. The government has also introduced tax exemption schemes to recover the industry.

Malaysia Marine Engine Market (2018-2024) Marine Engines that use diesel engine propulsion systems continue to occupy the majority of the share of the market. With the decrease in permitted Sulphur emission levels worldwide, the popularity of alternative propulsion systems, such as the LNG engine and the steam turbine is increasing. The demand for LNG engines is expected to grow rapidly after the enforcement of new MARPOL standards for Sulphur emission from January 2020.

Amongst all the applications, the offshore Oil and Gas industry in Malaysia held the highest Malaysia marine engine market share in 2017. Malaysia is one of the most important producers and exporters of natural gas in Asia. The global slowdown in the oil industry has affected the growth rate of the marine engines but the requirement of boats for Seabed Oil and Gas Drilling, Anchor handling tug supply, and Offshore Supply Vessels continue to drive the demand for Marine Engines in Malaysia.

The Malaysia marine engine market report thoroughly covers Malaysia marine engine market by power, propulsion types, applications, and regions. The Malaysia marine engine market outlook report provides an unbiased and detailed analysis of the Malaysia marine engine market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

The Malaysia marine engine market is expected to witness a proliferation in the coming timeframe on the back of an increase in the marine industry in the country. There is no doubt, that Malaysia is a tourism hub and as a result witnesses a large number of tourist visits to its domestic boundaries each year. This is leading to increased proliferation of cruise and on ship parties. The increased tourism participation in the country, is leading to an increased demand for ships to be brought down since the rising working of ships requires timely maintenance to be carried out and this, as a result, is posing increased demand for marine engines and is expected to proliferate significant demand for the same in the coming timeframe and would lead to shape the market competitive landscape of the Malaysia marine engine market in the next five to ten years.

Malaysia marine engine market is projected to find its true potential n the upcoming six years on the back of the rising growth of the EXIM industry in the country. As the trade between the countries has proliferated the use of ships where the Port Klang being the busiest port in Malaysia coupled with the top export including electronics and oil& gas and petroleum products. In line with this, the increasing trade practices after the covid -19 outbreak has led to accelerating demand for marine engines and is estimated to bolster the growth of the Malaysia marine engine market in the upcoming six years.

Key Highlights of the Report:

• Malaysia Marine Engine Market Overview
• Malaysia Marine Engine Market Outlook
• Malaysia Marine Engine Market Forecast
• Historical Data of Malaysia Marine Engine Market Revenues & Volume for the Period 2014-2017.
• Malaysia Marine Engine Market Size & Malaysia Marine Engine Market Forecast until 2024F.
• Historical Data of Malaysia Marine Engine Market Revenues & Volume, By Power for the Period 2014-2017.
• Market Size & Forecast of Malaysia Marine Engine Market Revenues & Volume, By Power until 2024F.
• Historical Data of Malaysia Marine Engine Market Revenues, By Propulsion Types for the Period 2014-2017.
• Market Size & Forecast of Malaysia Marine Engine Market Revenues, By Propulsion Types until 2024F.
• Historical Data of Malaysia Marine Engine Market Revenues, By Applications for the Period 2014-2017.
• Market Size & Forecast of Malaysia Marine Engine Market Revenues, By Applications until 2024F.
• Historical Data of Malaysia Marine Engine Market Revenues, By Regions for the Period 2014-2017.
• Market Size & Forecast of Malaysia Marine Engine Market Revenues, By Regions until 2024F.
• Malaysia Marine Engine Market Trends and Opportunities
• Market Drivers and Restraints.
• Malaysia Marine Engine Market Overview on Competitive Landscape
• Malaysia Marine Engine Market Share, By Players
• Company Profiles.
• Strategic Recommendations

Markets Covered:

The Malaysia marine engine market report provides a detailed analysis of the following market segments:

• By Power:

o Below 100Hp
    o 100.1 Hp - 500Hp
    o 500.1 Hp - 1000Hp
    o Above 1000 Hp

• By Propulsion Types:

o Diesel Engine
    o Steam Turbine
    o Gas Turbine
    o LNG Engine
    o Others (Nuclear, fuel cell, solar, water jet, and wind)

• By Applications:

o Commercial
    o Recreational
    o Offshore Oil and Gas
    o Navy
    o Others (Finishing, Coast Guards, Safety Boats)

• By Regions:

o Peninsular Malaysia
o Subah
o Sarawak

Frequently Asked Questions About the Market Study (FAQs):

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1. Executive Summary

2. Introduction
    2.1 Report Description
    2.2 Key Highlights of The Report
    2.3 Market Scope & Segmentation
    2.4 Research Methodology
    2.5 Assumptions
3. Malaysia Marine Engine Market Overview
    3.1 Malaysia Country Indicators
    3.2 Malaysia Marine Engine Market Revenues & Volume, 2014-2024F
    3.3 Malaysia Marine Engine Market Revenue & Volume Share, By Power Rating, 2017 & 2024F
    3.4 Malaysia Marine Engine Market Revenue & Volume Share, By Propulsion Types, 2017 & 2024F
    3.5 Malaysia Marine Engine Market Revenue Share, By Applications, 2017 & 2024F
    3.6 Malaysia Marine Engine Market Revenue Share, By Regions, 2017 & 2024F
    3.7 Malaysia Marine Fuel Mix
    3.8 Malaysia Marine Engine Industry Life Cycle, 2017
    3.9 Malaysia Marine Engine Market Porter's Five Forces, 2017
4. Malaysia Marine Engine Market Dynamics
    4.1 Impact Analysis
    4.2 Market Drivers
    4.3 Market Restraints
5. Malaysia Marine Engine Market Trends
6. Malaysia Marine Engine Market Overview, By Power
    6.1 Malaysia Below 100 Hp Marine Engine Market Revenues & Volume, 2014-2024F
    6.2 Malaysia 100.1 Hp - 500 Hp Marine Engine Market Revenues & Volume, 2014-2024F
    6.3 Malaysia 500.1 Hp - 1000 Hp Marine Engine Market Revenues & Volume, 2014-2024F
    6.4 Malaysia Above 1000 Hp Marine Engine Market Revenues & Volume, 2014-2024F
7. Malaysia Marine Engine Price Trend, By Power Rating
8. Malaysia Marine Engine Market Overview, By Propulsion Types
    8.1 Malaysia Diesel Engine Marine Engine Market Revenues, 2014-2024F
    8.2 Malaysia Gas Turbine Marine Engine Market Revenues, 2014-2024F
    8.3 Malaysia Steam Turbine Marine Engine Market Revenues, 2014-2024F
    8.4 Malaysia Other Marine Engine Market Revenues, 2014-2024F
    8.5 Malaysia Other Marine Engine Market Revenues, 2014-2024F
9. Malaysia Marine Engine Market Overview, By Applications
    9.1 Malaysia Commercial Application Marine Engine Market Revenues, 2014-2024F
    9.2 Malaysia Offshore Oil and Gas Application Marine Engine Market Revenues, 2014-2024F
    9.3 Malaysia Recreational Application Marine Engine Market Revenues, 2014-2024F
    9.4 Malaysia Navy Application Marine Engine Market Revenues, 2014-2024F
    9.5 Malaysia Other Application Marine Engine Market Revenues, 2014-2024F
10. Malaysia Marine Engine Market Overview, By Regions
      10.1 Malaysia Marine Engine Market Revenues, By regions, 2014-2024F
11. Malaysia Marine Engine Market Key Performance Indicators
      11.1 Malaysia Government Spending Outlook
      11.2 Malaysia Maritime Transport Sector Outlook
12. Malaysia Marine Engine Market Opportunity Assessment
      12.1 Malaysia Marine Engine Market Opportunity Assessment, By Power
      12.1 Malaysia Marine Engine Market Opportunity Assessment, By Applications
13. Malaysia Marine Engine Market Competitive Landscape
      13.1 Malaysia Marine Engine Market Revenue Share, By Company, 2017
      13.2 Middle East Structured Cabling Market Opportunity Assessment, By Countries
14. Company Profiles (Top 10)
      14.1 Cummins Inc.
      14.2 Caterpillar Inc.
      14.3 Mitsubishi Heavy Industries Engine System Asia Pte Ltd.
      14.4 Yamaha Motor Co. Ltd
      14.5 Mercury Marine
      14.6 Wartsila
      14.7 Perkins Engines Co. Ltd.
      14.8 MAN Energy Solutions
      14.9 Yanmar Holdings Co., Ltd.
      14.10 Rolls Royce Public Limited Company
15. Strategic Recommendations
16. Disclaimer

List of Figures
1. Malaysia Marine Engine Market Revenues & Volume, 2014-2024F ($ Million, Thousand Units)
2. Malaysia Marine Engine Market Revenue Share, By By Power, 2017 & 2024F
3. Malaysia Marine Engine Market Volume Share, By Power, 2017 & 2024F
4. Malaysia Marine Engine Market Revenue Share, By Propulsion Types, 2017 & 2024F
5. Malaysia Marine Engine Market Revenue Share, By Applications, 2017 & 2024F
6. Malaysia Marine Engine Market Revenue Share, By Regions, 2017 & 2024F
7. Malaysia Fuel Mix, 2017 & 2024F
8. Malaysia Marine Engine Market - Industry Life Cycle 2017
9. Malaysia Container Port Throughput, 2010-2017 (Million TEU)
10. World Crude Oil Production, 2007-2017 (Million Tonnes)
11. Global Sulphur Cap outside Emission Control Areas, 2005 onwards
12. Global Sulphur Cap in Emission Control Areas, 2005 onwards
13. Malaysia Below 100 Hp Marine Engine Market Revenues & Volume, 2014-2024F ($ Million, Thousand Units)
14. Malaysia 100.1-500Hp Marine Engine Market Revenues & Volume, 2014-2024F ($ Million, Hundred Units)
15. Malaysia 500.1-1000 Hp Marine Engine Market Revenues & Volume, 2014-2024F ($ Million, Units)
16. Malaysia above 1000 Hp Marine Engine Market Revenues & Volume, 2014-2024F ($ Million, Units)
17. Malaysia Marine Engine Price Trend, By Power Rating, 2014-2024F ($/Unit)
18. Malaysia Diesel Engine Marine Engine Market Revenues, 2014 - 2024F ($ Million)
19. Malaysia Gas Turbine Marine Engine Market Revenues, 2014 - 2024F ($ Million)
20. Malaysia Steam Turbine Marine Engine Market Revenues, 2014 - 2024F ($ Million)
21. Malaysia LNG Engine Marine Engine Market Revenues, 2014 - 2024F ($ Million)
22. Malaysia Other Marine Engine Market Revenues, 2014 - 2024F ($ Million)
23. Malaysia Commercial Marine Engine Market Revenues, 2014 - 2024F ($ Million)
24. Malaysia Container Port Throughput (Million TEU)
25. Malaysia Offshore Oil and Gas Marine Engine Market Revenues, 2014 - 2024F ($ Million)
26. Malaysia Recreational Marine Engine Market Revenues, 2014 - 2024F (Thousand Units)
27. Global cruise Passengers, 2011-2018E (Millions)
28. Malaysia Cruise Passengers-January to May 2016-2017 (Thousand)
29. Malaysia Navy-Marine Engine Market Revenues, 2014 - 2024F (Thousand Units)
30. Malaysia Other Application Marine Engine Market Revenues, 2014 - 2024F ($ Million)
31. Malaysia Marine Engine Market Revenues, By Regions, 2014-2024F ($ Million)
32. Malaysia Actual Government Spending Vs Actual Government Revenues, 2014-2021F (RM Billion)
33. Malaysia Projection of New Construction Work (RM Billion)
34. Malaysia Marine Engine Market Opportunity Assessment, By kVA Rating
35. Malaysia Marine Engine Market Opportunity Assessment, By Applications
36. Malaysia Marine Engine Market Revenues, By Company, 2017

List of Tables
1. Malaysia Sea Ports
2. Malaysia Operational Power Plants
3. Malaysia Sea Ports
4. Malaysia Number of Projects, By Category, 2010-2017
5. Malaysia Number of Projects, By Sector, 2010-2017
6. Malaysia Approved Private Investments in the Services Sector, 2016 & 2017 (RM Million)
7. Malaysia Total Development Expenditure, By Sectors (2017 & 2018E)
8. Malaysia Total Development Expenditure (2017 & 2018E)
9. Total Cargo Throughput by Ports (Million FreighWeight Tonnes)
10. Total Container Throughput by Ports ('0000 TEUs)
11. Natural Gas Production (Billion Cubic Metres), 2007-2017
12. Natural Gas Consumption (Billion Cubic Metres), 2007-2017