| Product Code: ETC429381 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Thailand Marine Propulsion Systems market currently, in 2023, has witnessed an HHI of 7952, Which has decreased moderately as compared to the HHI of 9575 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Thailand marine propulsion systems market caters to the country`s growing maritime and shipping industries. With an extensive coastline and bustling ports, Thailand relies heavily on marine transportation for trade and tourism. Marine propulsion systems, including diesel engines, electric propulsion, and hybrid systems, are essential for a wide range of vessels, from fishing boats to large cargo ships. The market is influenced by environmental regulations, with a growing emphasis on fuel efficiency and emissions reduction. As the maritime industry continues to evolve, the market for advanced marine propulsion solutions is expected to grow.
The Thailand marine propulsion systems market is influenced by the country`s maritime industry and its importance for trade and tourism. With Thailand extensive coastline and reliance on maritime transport, the need for efficient and eco-friendly propulsion systems has grown. The adoption of cleaner and more fuel-efficient technologies, driven by environmental concerns, plays a significant role in shaping this market.
The Thailand marine propulsion systems market faces challenges related to environmental regulations and emissions standards in the maritime industry. Meeting stricter emissions requirements while maintaining cost-effectiveness is a complex task. Additionally, the market must adapt to the changing preferences of boat and ship owners who may seek more eco-friendly propulsion solutions. Developing infrastructure for alternative fuels, such as LNG or electric propulsion, is also a challenge in this sector.
The marine propulsion systems market experienced a downturn during COVID-19 as global shipping and tourism were disrupted. Shipbuilding activities were delayed, affecting the demand for propulsion systems. As international trade and tourism gradually recover, the market is expected to regain momentum.
Key players in the Thailand Marine Propulsion Systems market include Thai Shipyard & Engineering Co., Ltd., Mitsubishi Heavy Industries Marine Machinery & Equipment Co., Ltd., and W?rtsil? Thailand Co., Ltd. These companies offer cutting-edge marine propulsion solutions.
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 Thailand Marine Propulsion Systems Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Marine Propulsion Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Marine Propulsion Systems Market - Industry Life Cycle |
3.4 Thailand Marine Propulsion Systems Market - Porter's Five Forces |
3.5 Thailand Marine Propulsion Systems Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Marine Propulsion Systems Market Revenues & Volume Share, By Power, 2021 & 2031F |
3.7 Thailand Marine Propulsion Systems Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 Thailand Marine Propulsion Systems Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.9 Thailand Marine Propulsion Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Marine Propulsion Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for commercial shipping and tourism in Thailand |
4.2.2 Government initiatives to promote marine transport and infrastructure development |
4.2.3 Growing focus on energy efficiency and emission reduction in marine vessels |
4.3 Market Restraints |
4.3.1 High initial investment costs for advanced marine propulsion systems |
4.3.2 Technological challenges in developing and integrating innovative propulsion solutions |
4.3.3 Environmental regulations impacting the use of certain propulsion technologies |
5 Thailand Marine Propulsion Systems Market Trends |
6 Thailand Marine Propulsion Systems Market, By Types |
6.1 Thailand Marine Propulsion Systems Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Marine Propulsion Systems Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Marine Propulsion Systems Market Revenues & Volume, By Diesel, 2021-2031F |
6.1.4 Thailand Marine Propulsion Systems Market Revenues & Volume, By Wind & Solar, 2021-2031F |
6.1.5 Thailand Marine Propulsion Systems Market Revenues & Volume, By Gas Turbine, 2021-2031F |
6.1.6 Thailand Marine Propulsion Systems Market Revenues & Volume, By Fuel Cell, 2021-2031F |
6.1.7 Thailand Marine Propulsion Systems Market Revenues & Volume, By Steam Turbine, 2021-2031F |
6.1.8 Thailand Marine Propulsion Systems Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.2 Thailand Marine Propulsion Systems Market, By Power |
6.2.1 Overview and Analysis |
6.2.2 Thailand Marine Propulsion Systems Market Revenues & Volume, By Below 1,000 HP, 2021-2031F |
6.2.3 Thailand Marine Propulsion Systems Market Revenues & Volume, By 1,001-5,000 HP, 2021-2031F |
6.2.4 Thailand Marine Propulsion Systems Market Revenues & Volume, By 5,001-10,000 HP, 2021-2031F |
6.2.5 Thailand Marine Propulsion Systems Market Revenues & Volume, By 10,001-20,000 HP, 2021-2031F |
6.2.6 Thailand Marine Propulsion Systems Market Revenues & Volume, By Above 20,000 HP, 2021-2031F |
6.3 Thailand Marine Propulsion Systems Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Thailand Marine Propulsion Systems Market Revenues & Volume, By Low Speed, 2021-2031F |
6.3.3 Thailand Marine Propulsion Systems Market Revenues & Volume, By Medium Speed, 2021-2031F |
6.3.4 Thailand Marine Propulsion Systems Market Revenues & Volume, By High Speed, 2021-2031F |
6.4 Thailand Marine Propulsion Systems Market, By Propulsion |
6.4.1 Overview and Analysis |
6.4.2 Thailand Marine Propulsion Systems Market Revenues & Volume, By 2 Stroke, 2021-2031F |
6.4.3 Thailand Marine Propulsion Systems Market Revenues & Volume, By 4 Stroke, 2021-2031F |
6.5 Thailand Marine Propulsion Systems Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Thailand Marine Propulsion Systems Market Revenues & Volume, By Commercial, 2021-2031F |
6.5.3 Thailand Marine Propulsion Systems Market Revenues & Volume, By Offshore, 2021-2031F |
6.5.4 Thailand Marine Propulsion Systems Market Revenues & Volume, By Recreational, 2021-2031F |
6.5.5 Thailand Marine Propulsion Systems Market Revenues & Volume, By Navy, 2021-2031F |
6.5.6 Thailand Marine Propulsion Systems Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Marine Propulsion Systems Market Import-Export Trade Statistics |
7.1 Thailand Marine Propulsion Systems Market Export to Major Countries |
7.2 Thailand Marine Propulsion Systems Market Imports from Major Countries |
8 Thailand Marine Propulsion Systems Market Key Performance Indicators |
8.1 Fuel efficiency improvements in marine vessels using advanced propulsion systems |
8.2 Adoption rate of eco-friendly propulsion technologies in the Thailand marine sector |
8.3 Number of government projects or incentives supporting the development and adoption of marine propulsion systems |
9 Thailand Marine Propulsion Systems Market - Opportunity Assessment |
9.1 Thailand Marine Propulsion Systems Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Marine Propulsion Systems Market Opportunity Assessment, By Power, 2021 & 2031F |
9.3 Thailand Marine Propulsion Systems Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.4 Thailand Marine Propulsion Systems Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.5 Thailand Marine Propulsion Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Marine Propulsion Systems Market - Competitive Landscape |
10.1 Thailand Marine Propulsion Systems Market Revenue Share, By Companies, 2024 |
10.2 Thailand Marine Propulsion Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |