| Product Code: ETC5195487 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a significant decline in the growth rate from 2023 to 2024, Sweden continues to import marine propulsion engines primarily from Belgium, Germany, Japan, Metropolitan France, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to pricing power for suppliers. The negative compound annual growth rate (CAGR) from 2020 to 2024 suggests challenges in the industry, possibly due to economic factors or shifts in demand. Monitoring these trends closely is essential for stakeholders to adapt to the changing market dynamics.
By 2027, the Marine Propulsion Engine market in Sweden is anticipated to reach a growth rate of 0.02%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Sweden Marine Propulsion Engine Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Marine Propulsion Engine Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Marine Propulsion Engine Market - Industry Life Cycle |
3.4 Sweden Marine Propulsion Engine Market - Porter's Five Forces |
3.5 Sweden Marine Propulsion Engine Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.6 Sweden Marine Propulsion Engine Market Revenues & Volume Share, By Ship Type, 2021 & 2031F |
4 Sweden Marine Propulsion Engine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and fuel-efficient marine propulsion engines due to environmental regulations and sustainability initiatives. |
4.2.2 Increasing investments in the marine industry, leading to the expansion and modernization of fleets, driving the demand for new propulsion engines. |
4.2.3 Technological advancements in marine propulsion systems, such as hybrid and electric engines, offering better performance and lower emissions. |
4.3 Market Restraints |
4.3.1 High initial costs associated with purchasing and installing advanced marine propulsion engines, limiting adoption rates. |
4.3.2 Economic uncertainties and fluctuations affecting the overall marine industry, leading to cautious spending on propulsion engine upgrades. |
4.3.3 Lack of infrastructure and support for alternative propulsion systems in the marine sector, hindering their widespread adoption. |
5 Sweden Marine Propulsion Engine Market Trends |
6 Sweden Marine Propulsion Engine Market Segmentations |
6.1 Sweden Marine Propulsion Engine Market, By Power Source |
6.1.1 Overview and Analysis |
6.1.2 Sweden Marine Propulsion Engine Market Revenues & Volume, By Diesel, 2021-2031F |
6.1.3 Sweden Marine Propulsion Engine Market Revenues & Volume, By Gas Turbine, 2021-2031F |
6.1.4 Sweden Marine Propulsion Engine Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.5 Sweden Marine Propulsion Engine Market Revenues & Volume, By Others, 2021-2031F |
6.2 Sweden Marine Propulsion Engine Market, By Ship Type |
6.2.1 Overview and Analysis |
6.2.2 Sweden Marine Propulsion Engine Market Revenues & Volume, By Cargo or Contanier Ship, 2021-2031F |
6.2.3 Sweden Marine Propulsion Engine Market Revenues & Volume, By Tanker, 2021-2031F |
6.2.4 Sweden Marine Propulsion Engine Market Revenues & Volume, By Bulk Carrier, 2021-2031F |
6.2.5 Sweden Marine Propulsion Engine Market Revenues & Volume, By Offshore Vessel, 2021-2031F |
6.2.6 Sweden Marine Propulsion Engine Market Revenues & Volume, By Passenger Ship, 2021-2031F |
6.2.7 Sweden Marine Propulsion Engine Market Revenues & Volume, By Others, 2021-2031F |
7 Sweden Marine Propulsion Engine Market Import-Export Trade Statistics |
7.1 Sweden Marine Propulsion Engine Market Export to Major Countries |
7.2 Sweden Marine Propulsion Engine Market Imports from Major Countries |
8 Sweden Marine Propulsion Engine Market Key Performance Indicators |
8.1 Average age of marine propulsion engines in Sweden's fleets, indicating the need for replacements and upgrades. |
8.2 Percentage of new vessel orders opting for eco-friendly propulsion systems, reflecting market preference for sustainable solutions. |
8.3 Research and development investments in next-generation marine propulsion technologies, signaling future market trends and innovations. |
9 Sweden Marine Propulsion Engine Market - Opportunity Assessment |
9.1 Sweden Marine Propulsion Engine Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.2 Sweden Marine Propulsion Engine Market Opportunity Assessment, By Ship Type, 2021 & 2031F |
10 Sweden Marine Propulsion Engine Market - Competitive Landscape |
10.1 Sweden Marine Propulsion Engine Market Revenue Share, By Companies, 2024 |
10.2 Sweden Marine Propulsion Engine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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