| Product Code: ETC5399745 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, New Zealand saw a consistent inflow of marine propulsion systems imports from top exporters such as Japan, USA, Thailand, China, and Australia. Despite high concentration with a high Herfindahl-Hirschman Index (HHI), the market experienced a negative compound annual growth rate (CAGR) of -1.75% between 2020-24. Furthermore, the growth rate plummeted by -28.82% from 2023-24, indicating a challenging year for the industry. Monitoring global trends and fostering innovation will be crucial for stakeholders to navigate the evolving landscape and drive future growth in the New Zealand marine propulsion systems market.
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 New Zealand Marine Propulsion Systems Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Marine Propulsion Systems Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Marine Propulsion Systems Market - Industry Life Cycle |
3.4 New Zealand Marine Propulsion Systems Market - Porter's Five Forces |
3.5 New Zealand Marine Propulsion Systems Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 New Zealand Marine Propulsion Systems Market Revenues & Volume Share, By Power, 2021 & 2031F |
3.7 New Zealand Marine Propulsion Systems Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 New Zealand Marine Propulsion Systems Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.9 New Zealand Marine Propulsion Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 New Zealand Marine Propulsion Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient and environmentally friendly propulsion systems in the maritime industry. |
4.2.2 Growth in maritime tourism and recreational boating activities in New Zealand. |
4.2.3 Technological advancements leading to the development of more efficient and reliable marine propulsion systems. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with installing new marine propulsion systems. |
4.3.2 Regulatory challenges and compliance requirements related to emissions standards and environmental regulations in the maritime sector. |
5 New Zealand Marine Propulsion Systems Market Trends |
6 New Zealand Marine Propulsion Systems Market Segmentations |
6.1 New Zealand Marine Propulsion Systems Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Marine Propulsion Systems Market Revenues & Volume, By Diesel, 2021-2031F |
6.1.3 New Zealand Marine Propulsion Systems Market Revenues & Volume, By Wind & Solar, 2021-2031F |
6.1.4 New Zealand Marine Propulsion Systems Market Revenues & Volume, By Gas Turbine, 2021-2031F |
6.1.5 New Zealand Marine Propulsion Systems Market Revenues & Volume, By Fuel Cell, 2021-2031F |
6.1.6 New Zealand Marine Propulsion Systems Market Revenues & Volume, By Steam Turbine, 2021-2031F |
6.1.7 New Zealand Marine Propulsion Systems Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.2 New Zealand Marine Propulsion Systems Market, By Power |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Marine Propulsion Systems Market Revenues & Volume, By Below 1,000 HP, 2021-2031F |
6.2.3 New Zealand Marine Propulsion Systems Market Revenues & Volume, By 1,001-5,000 HP, 2021-2031F |
6.2.4 New Zealand Marine Propulsion Systems Market Revenues & Volume, By 5,001-10,000 HP, 2021-2031F |
6.2.5 New Zealand Marine Propulsion Systems Market Revenues & Volume, By 10,001-20,000 HP, 2021-2031F |
6.2.6 New Zealand Marine Propulsion Systems Market Revenues & Volume, By Above 20,000 HP, 2021-2031F |
6.3 New Zealand Marine Propulsion Systems Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 New Zealand Marine Propulsion Systems Market Revenues & Volume, By Low Speed, 2021-2031F |
6.3.3 New Zealand Marine Propulsion Systems Market Revenues & Volume, By Medium Speed, 2021-2031F |
6.3.4 New Zealand Marine Propulsion Systems Market Revenues & Volume, By High Speed, 2021-2031F |
6.4 New Zealand Marine Propulsion Systems Market, By Propulsion |
6.4.1 Overview and Analysis |
6.4.2 New Zealand Marine Propulsion Systems Market Revenues & Volume, By 2 Stroke, 2021-2031F |
6.4.3 New Zealand Marine Propulsion Systems Market Revenues & Volume, By 4 Stroke, 2021-2031F |
6.5 New Zealand Marine Propulsion Systems Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 New Zealand Marine Propulsion Systems Market Revenues & Volume, By Commercial, 2021-2031F |
6.5.3 New Zealand Marine Propulsion Systems Market Revenues & Volume, By Offshore, 2021-2031F |
6.5.4 New Zealand Marine Propulsion Systems Market Revenues & Volume, By Recreational, 2021-2031F |
6.5.5 New Zealand Marine Propulsion Systems Market Revenues & Volume, By Navy, 2021-2031F |
6.5.6 New Zealand Marine Propulsion Systems Market Revenues & Volume, By Others, 2021-2031F |
7 New Zealand Marine Propulsion Systems Market Import-Export Trade Statistics |
7.1 New Zealand Marine Propulsion Systems Market Export to Major Countries |
7.2 New Zealand Marine Propulsion Systems Market Imports from Major Countries |
8 New Zealand Marine Propulsion Systems Market Key Performance Indicators |
8.1 Adoption rate of newer propulsion technologies in the New Zealand maritime industry. |
8.2 Average age of marine propulsion systems in use in New Zealand. |
8.3 Percentage of marine vessels in New Zealand complying with emission standards. |
9 New Zealand Marine Propulsion Systems Market - Opportunity Assessment |
9.1 New Zealand Marine Propulsion Systems Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 New Zealand Marine Propulsion Systems Market Opportunity Assessment, By Power, 2021 & 2031F |
9.3 New Zealand Marine Propulsion Systems Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.4 New Zealand Marine Propulsion Systems Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.5 New Zealand Marine Propulsion Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 New Zealand Marine Propulsion Systems Market - Competitive Landscape |
10.1 New Zealand Marine Propulsion Systems Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Marine Propulsion Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |