/PRNewswire/ The hybrid electric marine propulsion engine market is estimated to grow by USD 1.13 billion from 2022 to 2027, according to Technavio. The.
The hybrid electric marine propulsion engine market is estimated to grow by USD 1.13 billion from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 5.2% during the forecast period. However, the growth momentum will progress. APAC is estimated to contribute 44% to the growth by 2027. In the APAC market, primary revenue sources include ferries, tugboats, and yachts. To comply with stringent regulations on emissions set by regulatory bodies, these vessels are increa
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Marine Propulsion Engine Market Current Trends And Growth Drivers Along With Key Industry Players 2023 menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.