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Marine Hybrid Propulsion Industry Analysis, Industry Trends, Market Growth and Forecast to 2030

Marine Hybrid Propulsion Industry Analysis, Industry Trends, Market Growth and Forecast to 2030

Marine Hybrid Propulsion Global Market Report 2021 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2015-2020, and the forecast period – 2021-2025, with additional forecasts for 2025-2030. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

TBRC’s market report includes a chapter on the COVID-19 impact on the marine hybrid propulsion industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected marine hybrid propulsion market growth numbers from 2021-2030.

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The global marine hybrid propulsion market is expected to grow from $2.88 billion in 2020 to $3.10 billion in 2021 at a compound annual growth rate (CAGR) of 7.5%. The growth in the marine hybrid propulsion market is mainly due to the increase in international trade, expanding shipbuilding industry, rising demand for electric propulsion technology, and rising shift from conventional to hybrid propulsion units. The market is expected to reach $5.02 billion in 2025 at a CAGR of 12.8%.

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The Marine Hybrid Propulsion Global Market Report 2020-30 by The Business Research Company evaluates marine hybrid propulsion market size, growth rate, drivers, marine hybrid propulsion industry trends, and major companies.

Marine hybrid propulsion market segments in the report are:

1) By Propulsion Type: Diesel-Electric, Parallel Hybrid, Serial Hybrid, Full Electric, Gas Turbine, Fuel Cell

2) By Ship Type: Anchor Handling Tug Supply Vessels, Platform Supply Vessels, Yachts, Motor Ferry, Cruise Liner, Others

3) By Power Rating: 0-300 KW, 301-500KW, 501KW-800KW

4) By Application: Commercial, Logistics, Offshore Drilling, Naval, Others

The table of contents in TBRC’s marine hybrid propulsion market report includes:

  1. Executive Summary
  2. Market Characteristics
  3. Market Trends And Strategies
  4. Impact Of COVID-19
  5. Market Size And Growth
  6. Segmentation
  7. Regional And Country Analysis




  1. Competitive Landscape And Company Profiles
  2. Key Mergers And Acquisitions
  3. Future Outlook and Potential Analysis

About The Business Research Company: 
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology. It has offices in the UK, the US and India and a network of trained researchers in 20+ countries globally.  

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