Leading
market analysis and intelligence company Transparency Market Research
(TMR) has announced the release of a new market study report. The
report studies the global marine hybrid propulsion systems market and
presents forecasts for the development of the same through the
forecast period from 2014 to 2022. The report collates historical
data regarding the development of the marine hybrid propulsion
systems market up to 2013 and bases future projections on reliable
analysis of the same
Marine
hybrid propulsion systems consist of powertrains similar in principle
to the ones used in hybrid cars. Unlike conventional marine
propulsion systems, which use diesel or other fossil fuels for
propulsion, hybrid propulsion systems are a combination of
conventional and renewable propulsion systems. They can be made to
run in either fossil-fuel-only configuration, renewable-only
configuration, or a variable combination of the two, depending on the
circumstances.
The
global marine hybrid propulsion systems market is rising primarily
due to the environmental benefits provided by these systems. Due to
the relatively low volume of conventional fossil fuels used in marine
hybrid propulsion systems, harmful emissions are released at lower
concentrations. The availability of a battery backup also helps a
vessel prolong its operating time. The report examines the effect of
these driving factors on the global marine hybrid propulsion systems
market, as well as the roadblock presented by major restraints acting
on the market.
Ask of Brief Illustration of this Report : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3911
On
the basis of configuration of the propulsion system, TMR has
segmented the global marine hybrid propulsion systems market into
diesel-electric propulsion systems, serial hybrid propulsion systems,
and parallel hybrid propulsion systems. Diesel-electric marine hybrid
propulsion systems, which are the easiest to install owing to the
widespread preinstalled base of diesel propulsion systems, dominated
the global marine hybrid propulsion systems market in 2013. On the
other hand, serial and parallel marine hybrid propulsion systems are
expected to experience growth in demand at high rates in the forecast
period.
Among
the various end users of marine hybrid propulsion systems, ferries
exhibit the dominant share in the total demand from the global
market. Ferries, which usually operate in inland waterways in close
proximity to civilian population, are subject to particularly
stringent emission regulations and thus in need of fuel-efficient
propulsion systems. Tugboats and other offshore support vehicles as
well as luxury and other tourist boats and yachts have also
increasingly started to utilize marine hybrid propulsion systems.
Defense
vessels, the other major end user of marine propulsion systems, are
also increasingly being fitted with hybrid powertrains, since a
significant part of the activity of defense vessels consists of
cruising at relatively low speeds, where electric propulsion becomes
a drastically more efficient means than diesel engines.
The
presence of strict emission regulations in emission control areas
(ECA) such as the Eastern Seaboard of North America, the North Sea,
and the Baltic Sea, has led to rapid development of the global marine
hybrid propulsion systems market in recent years. The proposed
expansion and initiation of new ECAs will further boost the marine
hybrid propulsion systems market.
Accordingly,
countries in and around ECAs, including the U.K., the Netherlands,
the U.S., and Norway are among the leading regional segments of the
global marine hybrid propulsion systems market. Europe and North
America are expected to remain the leading regional markets for the
marine hybrid propulsion systems market.
The
global marine hybrid propulsion systems market is segmented as
follows:
Marine
Hybrid Propulsion Market: Configuration Analysis
- Diesel-electric
- Parallel
- Serial
Marine
Hybrid Propulsion Market: End-use Analysis
- Tugboats and OSVs
- Ferries
- Defense Vessels
- Others
Marine
Hybrid Propulsion Market: Regional Analysis
- North America
- Europe
- Asia Pacific
- South and Central America
- Middle East
- Africa
About
Us
Transparency
Market Research (TMR) is a global market intelligence company
providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants
use proprietary data sources and various tools and techniques to
gather and analyze information.
TMR’s
data repository is continuously updated and revised by a team of
research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
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Mr.Sudip
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